Texas Gas Transmission Corporation

First Revised Volume No. 2-A

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Effective Date: 11/01/1993, Docket: RP93-106-001, Status: Suspended

Sub Original Sheet No. 129K Sub Original Sheet No. 129K : Suspended

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

party submitting the bid but will

identify the bid by a Bid ID number

(which will change with each new bid

submitted). All bids must be submitted

by the deadline specified in the Capacity

Release Notice, or such bids will be

rejected.

 

(iii) Bids may be withdrawn before the expira-

tion of the bidding deadline. Once a

bidder has withdrawn its bid, a new bid

may be resubmitted for that released

capacity but not at a lower rate.

 

(iv) No party may submit, at any one time,

more than one (1) bid per capacity

release notice.

 

(e) Award of Capacity Offered for Release

 

(i) Following the expiration of the bidding

period, Pipeline will choose the "best

bid" within four business hours, for

capacity releases of five (5) months or

less and for capacity releases of more

than five months, within one business

day, if the methodology contained in

Section 29.3(e)(ii) herein is utilized;

and within two business days if the

Releasing Customer has specified the

"best bid" methodology.

 

(ii) After the "best bid" is chosen, Pipeline

will post the winning bid to the EBB,

identified by the bid I.D. number and

capacity release notice I.D. number only.

Pipeline, as soon as possible, will also

contact by telephone the Releasing

Customer to inform it of the identity of