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. 155 Original Sheet No. 155

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

8. CAPACITY RELEASE (Continued)

 

8.6 Bidding and Selection of Replacement Customer (Continued)

 

After the Replacement Customer is selected, Operator will finalize an

appropriate Addendum to the Capacity Release Umbrella Agreement in the

form contained in this FERC Gas Tariff. Operator will provide a copy of

this Addendum to the Replacement Customer by way of email or facsimile

at Operator's option, at which time the Replacement Customer will have

the same rights and obligations as any other existing Customer on

Operator's Facility. Following implementation of the release, Operator

shall post notice of the winning bidder on the EIM System.

 

8.7 Best Bid. When Operator makes awards of capacity for which there have

been multiple bids meeting minimum conditions, Operator shall award the

bids, best bid first, until all offered capacity is awarded. The

capacity being awarded represents the MDIQ, MDWQ, or MSQ. These

quantities are separate parts of the capacity and are awarded until one

of the quantities is fully awarded, at which point all capacity is

deemed to be fully awarded. Operator shall evaluate and determine the

best bid among those otherwise consistent with any terms and conditions

specified by the Releasing Customer as follows:

 

(a) Operator shall apply the standard or criteria for such

determination specified by the Releasing Customer, including the

standard to be used for breaking ties. Any standard or criteria so

specified must be objective, economic, not unduly discriminatory,

not contrary to applicable provisions of this FERC Gas Tariff,

applicable to all potential Replacement Customers and require

Operator in applying such standard to exercise no more than a

ministerial function. The Releasing Customer shall indemnify and

hold Operator harmless from and against all demands, losses,

claims, expenses, causes of action and/or damages suffered or

incurred by Operator arising out of or related to any

determination of a "best bid" pursuant to a standard specified,

supplied, approved or provided by Releasing Customer.