Bobcat Gas Storage
Original Volume No. 1
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Effective Date: 10/15/2008, Docket: RP08-608-000, Status: Effective
Original Sheet No. 62 Original Sheet No. 62
GENERAL TERMS AND CONDITIONS
(Continued)
4. CAPACITY RELEASE (Continued)
4.1 Notice of Offer (Continued)
(g) Whether, to what extent, and the conditions pursuant to
which capacity will be subject to recall for a full Day or a
partial Day; if recallable, whether the Releasing Customer's
recall notification must be provided exclusively on a
Business Day, and any reput methods and rights associated
with returning the previously released capacity to the
Replacement Customer;
(h) Whether bids on a volumetric rate basis may be submitted,
and, if so, the method for evaluating any such bids,
including how to rank bids if bids are also to be accepted
on a reservation charge basis, and any other special
conditions;
(i) Whether contingent bids that extend beyond the bid period
may be submitted, how to evaluate and prioritize such bids
against non-contingent bids, and the terms and conditions
under which, and/or for what time period, the next highest
bidder will be obligated to acquire the capacity should the
winning contingent bidder withdraw its bid;
(j) Any extensions of the minimum posting/bid periods;
(k) Whether Releasing Customer desires to utilize the
first-come, first-served option for short-term releases
described in Section 4.6 below and any minimum terms
applicable thereto;
(l) Other special terms and conditions Releasing Customer
imposes on the release of its capacity, including, but not
limited to, minimum rates, term, and quantity;
(m) Whether to specify dollars and cents or percents of rates in
the denomination of bids;
(n) For purposes of bidding and awarding, any minimum rates
specified by the Releasing Customer shall include the tariff
reservation rate and all reservation surcharges, as a total
number or as stated separately;
(o) Whether the release is on a permanent or a temporary basis;
(p) An e-mail address for the Releasing Customer contact person.
It is Customer's responsibility to update e-mail address
information provided to Bobcat, as necessary; and
(q) The recall notification period(s), as identified in Section
4.13(e) below, that will be available for use by the
parties.