Monroe Gas Storage Company, LLC

Original Volume No. 1

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Effective Date: 04/29/2009, Docket: RP09-447-000, Status: Effective

Original Sheet No. 147 Original Sheet No. 147

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

8. CAPACITY RELEASE (Continued)

 

8.1 Notice of Offer (Continued)

 

(f) The method to be applied in evaluating bids, allocating capacity

and breaking ties, as described in Section 8.3 below;

 

(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; and if recallable, (i) whether the Releasing Customer's

recall notification must be provided exclusively on a Business

Day, and (ii) 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 demand 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

8.3(a) below and any minimum terms applicable thereto;

 

(l) other special terms and conditions 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 any maximum rate

specified by the Releasing Shipper in the denomination of bids. All

transportation service providers should support this. Once the choice

is made, the bids shall comport with the choice;