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;