Florida Gas Transmission Company

Third Revised Volume No. 1

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Effective Date: 11/01/1993, Docket: RS92- 16-007, Status: Effective

First Revised Sheet No. 173 First Revised Sheet No. 173 : Superseded

Superseding: Original Sheet No. 173

GENERAL TERMS AND CONDITIONS

(continued)

 

iii) Posting under this Section 18E.3 is for information

purposes only.

 

4. Point-to-Point Bidding. A Relinquishing Shipper may offer

to relinquish temporarily all or part of its eligible

capacity from a designated primary Receipt Point(s) to a

designated primary Delivery Point(s) by providing its

Relinquishment Notice to Transporter at least five (5)

working days prior to the nomination deadline. Such notice

shall remain posted for bidding for a period of one (1) day

unless Relinquishing Shipper's Relinquishment Notice

specifies a longer period. However, the bidding will close

at least four (4) working days prior to the nomination

deadline. Provided however, that a Relinquishing Shipper

releasing capacity for a calendar month on a non-recallable

basis and who permits potential Acquiring Shippers to

request changes to primary points, will be subject to the

schedule contained in Section 18.F. hereof with regard to

the Relinquishment Notice, bidding period, close of the

bidding period, and award of capacity. Any prospective

Acquiring Shipper who has satisfied the creditworthiness

pre-qualification requirements of Section 18H below, may

submit a bid identifying the specific Relinquishment Notice

that it is in response to, which bid must include the

following bid information:

 

(a) the identity, of the bidder, including contact person,

business address, phone number and facsimile number;

 

(b) the MDTQ separately stated by season;

 

(c) the relinquishment capacity bid for;

 

(d) the rate bid on a reservation charge basis between the

minimum and maximum Reservation Charge for Rate

Schedule FTS-1 service (and/or the Reservation Charge

rate for Rate Schedule NNTS service, if applicable).

In the event the Relinquishing Shipper has allowed a

volumetric release, then the bids may be converted

into a volumetric charge. The maximum rate for such

volumetric releases is the 100% load factor rate set

forth on Sheet No. 8A;

 

(e) any other conditions necessary to meet the terms of

the Relinquishing Shipper's Relinquishment Notice; and