TransColorado Gas Transmission Company

Original Volume No. 1

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Effective Date: 12/01/2001, Docket: RP01-419-000, Status: Effective

Second Revised Sheet No. 227E Second Revised Sheet No. 227E : Superseded

Superseding: First Revised Sheet No. 227E

GENERAL TERMS AND CONDITIONS

 

6. CAPACITY RELEASE BY FIRM SHIPPERS (Continued)

 

6.11 Confirmations; Released Firm Transportation Agreement. At the

time the award of capacity under this Section 6 is posted, TransColorado

shall send the winning Qualified Bidder or the Prearranged Shipper

confirmation of the capacity release awarded to such Qualified Bidder or

Prearranged Shipper. Prior to TransColorado awarding capacity on a

Prearranged Release, the Prearranged Shipper shall confirm electronically

the terms of the Prearranged Release.

 

6.12 Completed Transactions. By 5:00 p.m. CCT after capacity has

been awarded, TransColorado shall post on its Interactive Website the

name(s) of the winning Qualified Bidder(s), identification of the winning

Qualified Bid(s) and any minimum bid conditions held confidential during

the open season. The Releasing Shipper is responsible for reviewing the

Qualified Bids to ensure that the released capacity was correctly awarded.

The Releasing Shipper shall notify TransColorado of any error in the award

of capacity within one business day after such posting on the Interactive

Website. In the event of an error, the capacity shall be reawarded by

TransColorado. As between TransColorado and the Releasing Shipper, the

Releasing Shipper shall indemnify and hold TransColorado harmless as to

any costs, damages or expenses relating to the bid evaluation procedure

for which timely notice of an error was not provided to TransColorado by

the Releasing Shipper hereunder. TransColorado shall correct an error in

a timely fashion after receiving notice of such error from the Releasing

Shipper or another person.

 

6.13 Billing

 

(a) TransColorado shall bill the Replacement Shippers and

the Subreplacement Shippers the rate(s) specified in the Released Firm

Transportation Agreements and any other applicable charges and each such

Replacement Shipper and Subreplacement Shipper shall pay the billed

amounts directly to TransColorado. TransColorado will support volumetric

releases with volumetric commitments by fully accounting for volumetric

and reservation components, consistent with the rules and regulations

enunciated by the Federal Energy Regulatory Commission.