Reliant Energy Gas Transmission Company

Fifth Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 06/01/2002, Docket: RP00-482-003, Status: Effective

Second Revised Sheet No. 402 Second Revised Sheet No. 402 : Effective

Superseding: First Revised Sheet No. 402

GENERAL TERMS AND CONDITIONS

(continued)

 

longer period) inclusive of the Day of posting, within which

to submit bids electronically, for non-standard offers to

release: for releases of three (3) Months or less, two (2)

Business Days; for longer releases, ten (10) Days. A bidder

may not have more than one eligible bid for the same release

offer at any time but may withdraw a bid by providing

electronic notice thereof before 3:15 p.m. on the last Day

of the bid period. Transporter shall evaluate the bids in

accordance with the provisions of Section 19 and determine

the best bid by 10:00 a.m. on the first Business Day (for

releases of less than three (3) Months) or on the third

Business Day (for longer releases) following the close of

the bid period. Transporter shall notify releasing Shipper,

the best bidder, and any pre-arranged designated replacement

Shipper of such determination by the end of such Business

Day. If there is a pre-arranged designated replacement

Shipper, it may exercise its right to match such best bid by

providing electronic notice of such exercise to Transporter

and releasing Shipper by the close of business on the third

Day following selection of the best bid. Following

implementation of the release, Transporter shall post notice

on its Internet Web Site of the winning bidder and affiliate

and, as appropriate, agent information for the winning

bidder. Except as provided herein, the other terms of this

Section shall apply to non-standard releases.

 

19.4 Bidding and Selection of Replacement Shipper.

 

(a) All bids must be valid, complete, and contain the applicable

information required in this section and any other

information required for a valid request for service listed

commencing on Sheet No. 467, including, but not limited to,

whether there is an affiliate relationship between the

releasing Shipper and the bidder. If the bid is for a

permanent release, the bidder must provide the name of any

agent or asset manager managing such bidder's transportation

service, and if awarded the release, the bidder shall have a

continuing obligation to notify Transporter of any change in

status relating to its agent or asset manager during the

term of such release. All valid and complete bids are

binding. If releasing Shipper desires to solicit bids for

releases of thirty-one (31) Days or less, it may direct

Transporter to post notice of the availability of such

capacity and, in lieu of permitting bids during the

otherwise applicable posting