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cannot be withdrawn after the bid period ends.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