TransColorado Gas Transmission Company
Original Volume No. 1
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Effective Date: 12/01/2001, Docket: RP01-419-000, Status: Suspended
Third Revised Sheet No. 228 Third Revised Sheet No. 228 : Suspended
Superseding: Second Revised Sheet No. 228
GENERAL TERMS AND CONDITIONS
7. RIGHT OF FIRST REFUSAL PROCEDURE
7.1 Upon expiration or notice of termination from TransColorado of
a firm service agreement with a term of one year or greater, Shipper shall
have a right of first refusal to extend service under a new service
agreement. The Shipper must give TransColorado written notice that it
will utilize the right-of-first refusal procedure the earlier of (a) the
date of the notice period provided for in Shipper's contract; or (b) 90
days prior to the expiration of the term of the contract. TransColorado
shall provide written notice to the Shipper 30 days in advance of the
applicable deadline. In the notice TransColorado will specify the
information Shippers need to provide to exercise their right of first
7.2 TransColorado shall post on the Informational Postings portion
of the Interactive Website the terms and conditions of the available
capacity under the expiring contract as follows:
(a) CD stated in Dth/day.
(b) Receipt and delivery points at which capacity is
available and the firm quantities at such points.
(c) Effective date.
(e) Applicable rates for the service.
(f) Minimum conditions.
(g) The criteria by which bids are to be evaluated.
(h) That the capacity is subject to right of first refusal.
7.3 Capacity will be made available on a nondiscriminatory basis
and will be assigned on the basis of a bid period determined pursuant to
the open season periods provided for in Section 6 of the General Terms and
(a) A Shipper desiring to acquire the available capacity
shall place a bid with TransColorado, through the Interactive Website or
in writing, during the bid period. The bid shall be binding once received
by TransColorado and may not be withdrawn by the Bidding Shipper.