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.