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. 234 Original Sheet No. 234

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

5. CAPACITY RELEASE (continued)

 

5.4 Posting and Bidding Timeline. (continued)

 

(d) Releases Not Subject to Bidding (continued)

 

Prior to the nomination deadline for the chosen cycle

for the begin date specified in the Releasing

Customer's offer to release capacity, the Prearranged

Customer must initiate confirmation of prearranged

deals electronically via the LINK® System. Steckman

Ridge will issue a contract within one hour of

notification of the release (with a new contract

number, when applicable). Nomination possible

beginning at the next available nomination cycle for

the effective date of the contract. Such nominations

will be processed in accordance with the nomination

and scheduling requirements of Sections 10 and 13 of

the General Terms and Conditions; however, in no

circumstance will Gas flow prior to the effective date

of the release as specified in Releasing Customer's

offer.

 

(3) Notwithstanding the standard timelines specified in

Sections 5.4(a), 5.4(b) and 5.4(c) above, Steckman

Ridge shall support a process to allow the Releasing

Customer and the Prearranged Customer to create and

finalize prearranged non-biddable capacity release

transactions to be effective for a given Gas Day at

any time prior to 7:00 a.m. CCT on the calendar day on

which that Gas Day ends.

 

(e) Steckman Ridge shall post offers and bids, including pre-

arranged deals, upon receipt; provided, however, offers and

bids must be complete before posting. Only posted offers

and bids will be available electronically. A Releasing

Customer may request a later posting time for posting of

such offer; Steckman Ridge shall support such request

insofar as it comports with the standard capacity release

timeline specified in this Section 5.4. A Releasing

Customer cannot specify an extension of the original bid

period or the pre-arranged deal match period without posting

a new release.