Ngo Transmission, Inc.
Original Volume No. 1
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Effective Date: 03/01/2009, Docket: RP09-238-000, Status: Effective
First Revised Sheet No. 93 First Revised Sheet No. 93
Superseding: Original Sheet No. 93
rollovers. Any other capacity release and assignment shall
require advance posting and bidding. Releasing Shippers shall
notify Transporter when releasing capacity to asset managers or
marketers participating in state-regulated retail access programs.
11.4 Capacity Release Timeline: Unless otherwise mutually agreed upon
pursuant to Section 11.2, the Capacity Release timeline stated
here is applicable to all parties involved in the Capacity Release
process; however, it is only applicable if 1) all information
provided by the parties to the transaction is valid and the
acquiring shipper has been determined to be creditworthy before
the capacity release bid is tendered and 2) there are no special
terms or conditions of the release.
(a) For biddable releases (less than 1 year):
-- Offers should be tendered by 12:00 P.M. on a Business
Day;
-- open season ends no later than 1:00 P.M. on a Business
Day (evaluation period begins at 1:00 P.M. during
which contingency is eliminated, determination of best
bid is made, and ties are broken);
-- evaluation period ends and award posting if no match
required at 2:00 P.M.;
-- match or award is communicated by 2:00 P.M.;
-- match response by 2:30 P.M.;
-- where match required, award posting by 3:00 P.M.;
-- contract issued within one hour of award posting (with
a new contract number, when applicable); nomination
possible beginning at the next available nomination
cycle for the effective date of the contract. (Central
Clock Time)
(b) For biddable releases (1 year or more):
-- Offers should be tendered by 12:00 P.M. four Business
Days before award;