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Second Revised Sheet No. 47 Second Revised Sheet No. 47 : Superseded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

volumetric rate.

 

(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.