Overthrust Pipeline Company
First Revised Volume No. 1-A
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Effective Date: 03/18/1999, Docket: RP98-406-000, Status: Effective
Fourth Revised Sheet No. 43 Fourth Revised Sheet No. 43 : Superseded
Superseding: Third Revised Sheet No. 43
GENERAL TERMS AND CONDITIONS
(b) Bids for firm service, through written request,
must be received prior to commencement of the bid period set
forth in 7. The bidding Shipper must make a payment of
the lesser of $10,000 or the reservation charge for the
requested RDC for the lesser of three months or the term of
the requested service. This reservation charge must be
submitted to:
Key Bank
Salt Lake City, Utah
ABA 124000737
Acct. 500037528
The bid must be submitted to:
Director, Marketing
Questar Regulated Services Company
180 East 100 South
Salt Lake City, UT 84111
(i) If a transportation agreement is
executed, prepayments of amounts tendered under this
provision shall be applied to service rendered to Shipper by
Overthrust with interest, according to 18 C.F.R.
154.501(d), from the date the payment is made until the date
a service agreement is tendered to Shipper for execution.
If Overthrust is unable to provide the transportation
capacity required by Shipper, or the Shipper is not a
successful bidder, Shipper's prepayment shall be refunded
with interest according to 18 C.F.R. 154.501(d).
(ii) If transportation capacity is available
and Overthrust tenders to the successful bidder a service
agreement that coincides with Shipper's request, and Shipper
fails to execute such agreement within 15 days of its
receipt, the $10,000 prepayment shall not be refunded to
Shipper but shall be retained by Overthrust
7.8 Awarding of Capacity. Capacity requested during
the bid period shall be awarded to the Shipper whose bid
offers a rate and term that yields the highest present value
and whose terms and conditions are acceptable to Overthrust.
The present value shall be calculated using the formula
stated below. Overthrust's acceptance of a bid shall be
conditioned upon the Shipper satisfying Overthrust's credit-
worthiness standards and eligibility requirements.