Cove Point LNG Limited Partnership
Second Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 06/14/2000, Docket: RP00-389-000, Status: Effective
Original Sheet No. 110 Original Sheet No. 110 : Effective
GENERAL TERMS AND CONDITIONS
(Continued)
3. REQUESTS FOR SERVICE (Continued)
(j) Record Retention. Operator shall maintain records of all valid requests for service
and their disposition for a period of three (3) years from the date of receipt of
those requests. Operator shall not disclose such information, including information
relating to bids for service other than pursuant to the provisions of this Tariff, a
Commission proceeding or valid court order.
4. BIDDING FOR AVAILABLE FIRM SERVICE
(a) EBB Posting Procedure. As capacity becomes available on Operator's system for firm
services, such capacity shall be posted by Operator on its EBB for a period of thirty
(30) days. Operator's posting shall include the following information regarding the
available capacity: (i) daily and other applicable quantity of service available;
(ii) receipt and delivery points; (iii) term (up to a maximum primary term of twenty
(20) years with extensions from year to year thereafter unless canceled by either
party by providing six (6) months prior notice to the other party); (iv) maximum
effective Reservation charge as set forth in the Currently Effective Rate Sheets of
this Tariff; (v) the minimum Effective Reservation charge as set forth in the
Currently Effective Rate Sheets of this Tariff(including any adjustments thereto) as
provided under the applicable Rate Schedule; (vi) any other applicable charges or
surcharges; (vii) any applicable restrictions; and (viii) the date when bids are due
to Operator. Operator shall not impose a minimum rate for purposes of bidding for
available firm service. The due date set by Operator for bids shall be at least
thirty (30) days and no more than forty-five (45) days after the first posting date.
(b) Bidding Procedure. Potential Buyers may submit one bid for all or any portion of the
capacity or term of service made available by Operator. A Bidder shall submit its bid
electronically through Operator's EBB, specifying the monthly reservation charge (or
other firm or demand charge(s), if applicable, herein referred to collectively as the
"Reservation Charge") it is bidding for the service. Bidder also shall provide to
Operator a valid request for service fully complying with Section 3 (Requests for
Service) of the General Terms and Conditions. The price bid for the monthly
Reservation Charge shall be expressed per Dth and shall be expressed to the nearest
thousandth of one dollar ($0.000). Bids for service shall not exceed the then
effective Maximum Base Reservation Charge for the applicable service set forth in this
Tariff. In addition to the bid price, Bidders shall pay all applicable commodity
charges, demand and commodity surcharges and any other applicable charges, as they may
be adjusted from time to time by Operator. Operator shall have the right to reject
any bids, on a non-discriminatory basis, that: (i) are for a rate that is less than
the maximum Reservation Charge or not above the minimum Reservation Charge as set
forth in the Currently Effective Rate Sheets of this Tariff for service under
Operator's applicable Rate Schedule; or (ii) include conditions or provisions that
impede Operator's ability to operate its system in conformity with the provisions of
this Tariff.