Total Peaking Services, L. L. C.

Original Volume No. 1

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Effective Date: 07/01/2003, Docket: RP03-495-000, Status: Effective

Second Revised Sheet No. 86 Second Revised Sheet No. 86 : Effective

Superseding: Substitute First Revised Sheet No. 86

GENERAL TERMS AND CONDITIONS

(Continued)

 

23. CAPACITY RELEASE (Continued)

 

23.3 Pre-arranged Releases. (Continued)

 

31 days or less, the Releasing Customer shall provide notice to

Total Peaking in accordance with this section and may implement

the release without complying with such prior posting and bidding

procedures. Customers proposing Capacity Release of 32 to 364

days still must follow the bidding procedures contained herein.

Notice of such exempted releases shall be posted on the IWS in

accordance with Section 23.2 herein.

 

23.4 Posting. Following receipt of a notice of offer to release

capacity which satisfies the requirements set forth in this

section, Total Peaking will post such information on its IWS in

accordance with the timeline set forth in section 23.2 herein,

which posting will include: (1) the details of any offer to release

capacity, i.e. quantity, time period, receipt and delivery points,

restrictions and conditions associated with the offer; (2) details

of all bids for the capacity; (3) details of the bid that was

awarded, and (4) any withdrawals of offers or bids. Total Peaking

shall also post offers to purchase capacity from those who desire

current Customers to release capacity upon receipt of the applicable

information as set forth in this section.

 

23.5 Bidding and Selection of Replacement Customer. All bids must

contain the applicable information required in this section and

must also be accompanied by a Request for Service in the form set

forth at Section 3 of the General Terms and Conditions of this

FERC Gas Tariff. If Releasing Customer desires to solicit bids

for releases of 31 days or less, it may direct Total Peaking to

post notice of the availability of such capacity and, in lieu of

permitting bids during the otherwise applicable posting period,

award the capacity to the bidder which submits first in time a

valid bid meeting any minimum terms specified by the Releasing

Customer. A bidder may not have more than one eligible bid for

the same release offer at any time. Bids shall be binding until

written or electronic notice of withdrawal is received by Total

Peaking before 2:00 p.m. on the last day of the bid period. Bids

cannot be withdrawn after the bid period ends. Once a bid is

withdrawn, that bidder may only submit a new bid pursuant to that

release offer if it is at a higher rate than the withdrawn bid.

Total Peaking shall evaluate the bids in accordance with the