Florida Gas Transmission Company

Third Revised Volume No. 1

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Effective Date: 03/27/2000, Docket: RP00-262-001, Status: Effective

Third Revised Sheet No. 165A Third Revised Sheet No. 165A : Superseded

Superseding: Second Revised Sheet No. 165A

GENERAL TERMS AND CONDITIONS

(continued)

 

D. Capacity Release Timelines (All times are Central Clock Time)-

 

The Capacity Release Timelines are applicable to all parties in the capacity

release process provided that 1) all information provided by the parties 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.

 

1. For Short-Term Biddable Releases (less than 5 months)

 

a. Offers must be tendered between the hours of 8:00 A.M. and 4:00 P.M.

Central Time and not later than 1:00 P.M. on the day before

nominations are due;

 

b. Open season ends no sooner than one hour after it begins, between

the hours of 9:00 A.M. and 5:00 P.M. Central Time, and no later than

2:00 P.M. on the day before nominations are due;

 

c. Evaluation period begins upon the close of the open season, between

the hours of 9:00 A.M. and 5:00 P.M. Central Time, and not later

than 2:00 P.M. during which contingency is eliminated, determination

of best bid is made, and ties are broken;

 

d. Evaluation period ends by 3:00 P.M. on the day before nominations

are due;

 

e. Match or award is communicated by 3:00 P.M. on the day before

nominations are due;

 

f. Match response by 4:00 P.M. on the day before nominations are due;

 

g. Award posted by 5:00 P.M. on the day before nominations are due;

 

h. Contract tendered with contract number by 10:00 A.M.; contract

executed; nomination possible for next day gas flow.

 

All times are Central Clock Time.