TransColorado Gas Transmission Company
Original Volume No. 1
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Effective Date: 12/05/1996, Docket: CP90-1777-009, Status: Effective
Original Sheet No. 45 Original Sheet No. 45 : Superseded
GENERAL TERMS AND CONDITIONS
The offer to release capacity may not be withdrawn after the
close of the bid period.
6.4 Criteria of Release. A releasing Shipper may specify how bids for
released capacity are to be evaluated to determine the best offer.
These criteria must be objectively stated, applicable to all
potential bidders and nondiscriminatory. The releasing Shipper
shall not be entitled to reject a bid that meets its specified
6.5 Qualification for Participation in the Capacity Release Program -
Any party wishing to become a bidding Shipper must prequalify by
satisfying the creditworthiness provisions and the EBB accessing
requirements of this tariff prior to submitting a bid for
capacity. Notwithstanding Shipper's qualification to participate
in TransColorado's capacity release program, TransColorado does
not guarantee to the releasing Shipper that the replacement
Shipper will pay for the contracted-for service.
6.6 Notice By Shipper Electing to Release Capacity - A releasing
Shipper must post a notice through TransColorado's EBB that it
elects to release firm capacity. The notice must state:
(a) The releasing Shipper's name, contract number and the name
and phone number of the individual responsible for
authorizing the release of capacity.
(b) The maximum and minimum CD to be released stated in Dth/day.
(c) The primary receipt and delivery points.
(d) Whether capacity will be released on a firm or recallable
basis. If on a recallable basis, the terms under which the
capacity may be recalled.
(e) Whether Shipper will accept contingency bids, the
contingencies acceptable to Shipper, the date (deadline) by
when all contingencies must be met and whether TransColorado
should award capacity to the next highest bidder if
contingencies are not met.
(f) The beginning and ending dates of the release.