Steckman Ridge, LP

Original Volume No. 1

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Effective Date: 04/01/2009, Docket: RP09-389-000, Status: Effective

Original Sheet No. 228 Original Sheet No. 228

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

5. CAPACITY RELEASE

 

Any Customer under Rate Schedule FSS may seek to release to others all

or a portion of its firm service entitlements on a full day or a partial

Day basis, on a permanent or a temporary basis, and on a recallable or

non-recallable basis, subject to the procedures set forth in this

Section 5.

 

5.1 Pre-arranged Releases. Customer may designate an entity (a

"Prearranged Customer") to which it has agreed to release the

capacity upon specified terms and conditions. Customer's offer to

release under such a pre-arranged transaction shall be subject to

the prior posting and bidding procedures described in Sections 5.3

and 5.7, herein, with the Prearranged Customer being given a right

to match the best bid submitted during the bid period. If a pre-

arranged transaction with a Prearranged Customer is for a period

of thirty-one (31) Days or less, the Releasing Customer shall

provide notice to Steckman Ridge in accordance with this section

and may implement the release without complying with such prior

posting and bidding procedures; provided, however, when a release

of capacity for a period of thirty-one (31) Days or less is not

subject to the bidding requirements under this Section 5, a

Releasing Customer may not rollover, extend, or in any way

continue the capacity release to the same Replacement Customer

which utilizes the same capacity or overlaps such capacity using

the thirty-one (31) Days or less bidding exemption described in

Section 5.4(d)(1) below until twenty-eight (28) Days after the

first release period has ended. The twenty-eight (28) Day hiatus

does not apply to any re-release to the same Replacement Customer

that is posted for bidding or that qualifies for any of the other

exemptions from bidding described in Section 5.4(d)(1) below.

Notice of such exempted releases shall be posted on the LINK®

System in accordance with Section 5.4 herein.

 

5.2 Notice of Offer. A Customer offering to release firm service

entitlements shall notify Steckman Ridge via the LINK® System of

the terms of its offer by the posting deadline as determined

pursuant to Section 5.4 herein. Steckman Ridge will display this

information on the LINK® System. Customer may propose a

Prearranged Customer to which the capacity would be released.

Offers shall be binding until written or electronic notice of

withdrawal is received by Steckman Ridge. Customer has the right

to withdraw its offer during the bid period where unanticipated

circumstances justify and no minimum bid has been made. The

notice must contain the reason for withdrawal which Steckman Ridge

shall post on the LINK® System. Any contingencies or special

terms and conditions included in the offer to release capacity

shall not be contrary to any applicable provision of this FERC Gas

Tariff. The offer shall contain the following minimum

information:

 

(a) Customer's legal name and the name of the individual who has

authorized the offer to release;

 

(b) Steckman Ridge's Service Agreement number;