Overthrust Pipeline Company
First Revised Volume No. 1-A
Contents / Previous / Next / Main Tariff Index
Effective Date: 06/01/1997, Docket: RP97-131-001, Status: Effective
Second Revised Sheet No. 47 Second Revised Sheet No. 47 : Superseded
Superseding: First Revised Sheet No. 47
(g) Whether the release is temporary or permanent.
(h) The minimum acceptable release period.
(i) Whether the capacity may be released at a one-part
(j) If capacity is released at a one-part volumetric
rate, (i) the volumetric rate, (ii) the terms and conditions
applicable to the release, (iii) whether two-part bids will be
accepted and (iv) the criteria by which bids are to be evaluated.
(k) The minimum rate at which the Shipper will release
the capacity. If the releasing Shipper does not specify a mini-
mum rate, a bidding Shipper may bid any rate up to the maximum
rate on Overthrust's statement of rates.
(l) The criteria by which Overthrust should evaluate
the bids. A releasing Shipper may select the highest rate (the
measure of dollars per unit), the net revenue (the measure of the
sum of all payments), the present-value formula in 8.12 or
state its own criteria.
(m) The method by which capacity will be awarded if
tied bids are received. If no method for awarding capacity to
tied bidders is specified, the capacity will be awarded pro rata
based on each shipper's requested RDC.
(n) Any other conditions applicable to acceptance by
the releasing Shipper.
8.6 Term of Capacity Release. The term of capacity release
may not exceed the term of the releasing Shipper's transportation
service agreement, nor may it be less than one gas day.
8.7 Availability of Released Capacity - Released capacity
shall be made available on a nondiscriminatory basis and shall be
assigned based on the results of a bid period or a pre-
arrangement complying with the procedures described below.
8.8 Bidding Periods for Released Capacity
(a) The following released-capacity transactions are
exempt from the bidding procedures.