Second Revised Volume No. 1
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Effective Date: 06/13/2008, Docket: RP08-376-000, Status: Effective
Original Sheet No. 35 Original Sheet No. 35 RATE SCHEDULE FTS-1 Firm Transportation Service (Continued) 1. Notice A firm Shipper holding a FTS-1 Agreement with a contract term of five(5) years or more will be notified by MIGC no less than four (4) nor more thansix (6) months before the expiration of its FTS-1 Agreement, by MIGC's postingsame on MIGC's Electronic Bulletin Board. No less than three (3) nor morethan six (6) months before the expiration of its FTS-1 Agreement, Shippershall notify MIGC of its intention to execute a new FTS-1 Agreement for themaximum rate and for the minimum term commensurate with the initial term. Ifsuch notice is received by MIGC, the bidding process does not apply. A firm Shipper with a FTS-1 Agreement term of at least one (1) year, upto but not including five (5) years or a firm Shipper with a FTS-1 Agreementterm of five years or more but which wishes to roll the FTS-1 Agreement overat less than maximum rates or for a term less than the initial term will benotified by MIGC no less than four (4) nor more than six (6) months before theexpiration of its FTS-1 Agreement by MIGC's posting same on MIGC's ElectronicBulletin Board. No less than three (3) nor more than six (6) months beforethe expiration of its FTS-1 Agreement, Shipper shall notify MIGC that itwishes MIGC to post its capacity for the purpose of initiating the biddingprocess. In any event, a firm Shipper may elect to retain a portion of itscapacity, subject to the bidding process, and have the pipeline's pregrantedabandonment authority apply to the remainder of the capacity. Failure of Shipper to give the notice described in this section foreither a FTS-1 Agreement with a term of five or more years or a FTS-1Agreement with a one to five year term will allow MIGC to resell such capacityand will result in the automatic abandonment of the entitlement at the end ofthe contract term. In such circumstances, MIGC shall post the availability ofsuch capacity on the EBB no less than 60 days prior to termination of thecontract.