Transwestern Pipeline Company

Second Revised Volume No. 1

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Effective Date: 04/14/2003, Docket: RP03-307-000, Status: Effective

Eighth Revised Sheet No. 95B Eighth Revised Sheet No. 95B : Effective

Superseding: Seventh Revised Sheet No. 95B

GENERAL TERMS AND CONDITIONS

(continued)

 

30.4 Offer to Release Capacity

 

a) During any period in which Releasing Shipper wishes to

release its firm capacity under the Highest Rate, Highest Net

Revenue, Highest Present Value Method, the Shipper Designated

Method, or Shipper Pre-Arranged Deal hereunder, the following

information relating to the availability of such capacity shall

be posted on Transporter's Internet Website:

 

1) MAXDTQ available per day, in dekatherms, and the

total release period quantity,

2) term of availability, and any rollover or evergreen

provisions,

3) receipt and delivery points, and any restrictions

which will be placed on the modifications of

Primary Receipt and Primary Delivery Points,

4) rates,

5) whether and to what extent the capacity (under temporary release) will be

subject to recall, and the terms and conditions

applicable to such right to recall or reput,

6) the method under which capacity is to be allocated,

and, if highest present value is to be

utilized, the current interest rate as defined in

18 C.F.R. 154.501(d),

7) the party to contact,

8) the method by which ties will be broken,

9) If minimum conditions are to be disclosed during

the open season, any minimum conditions concerning

the rate, term, or volume that the Releasing

Shipper is willing to accept, including whether

bids based on a one-part, volumetric rate will be

accepted and, if so, a) the method for evaluating

one-part rate bids vis-a-vis two-part rate bids,

and b) any special conditions;

10) whether the Releasing Shipper is willing to accept

contingent bids that extend beyond the open season,

and the terms and conditions whether, or for what

time period, the next highest bidder will be

obligated to acquire the capacity should the

winning contingent bidder exercise its option not

to take the capacity if the contingency does not

occur,

11) the date when bids and executed Service Agreements

must be submitted,

12) whether the release is permanent or temporary,

13) whether the release is a re-release, and

14) other special terms or conditions, if any.

 

b) With respect to Pre-Arranged Deals, the following information

must also be posted on Transporter's Internet Website:

 

1) name of Releasing Shipper

2) the criteria by which Transporter will evaluate

the best bid for third-party bids; and

3) the method for allocating capacity in the event of

tie bids where Pre-Arranged Shipper declines to

match a higher third party bid.