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Fourth Revised Sheet No. 43 Fourth Revised Sheet No. 43 : Superseded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.