Transwestern Pipeline Company
Second Revised Volume No. 1
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Effective Date: 07/01/2003, Docket: RP03-360-001, Status: Effective
Tenth Revised Sheet No. 95F Tenth Revised Sheet No. 95F : Effective
Superseding: Ninth Revised Sheet No. 95F
GENERAL TERMS AND CONDITIONS
All releases more than 31 days or less than one year, prearranged or otherwise, must be posted for
b) Third Party Bid: For contract terms of more than thirty-one (31) days, but less than one year, any
third party may submit a bid for the released capacity by offering a better bid than the posted bid
for said capacity. Third party bids will be accepted in accordance with Section 30.5.
For contract terms of one year or more, any third party may submit a bid for the released capacity by
offering a better bid than the posted bid for said capacity, with rates not to exceed the maximum rate
which may be collected by Transporter. Third party bids will be accepted in accordance with Section
30.5. The minimum open season is three business days. Evaluation period will be in accordance with
c) Third Party Obligation: Any third party bid shall be identical to the Pre-Arranged Deal, excluding
those terms which are subject to bidding as set forth in the offer to Release Capacity. Such bid
shall be subject to a Posting and Bidding procedure by the Pre-Arranged Shipper.
d) Bid Evaluation: Subject to the Pre-Arranged Shipper's Posting and Bidding procedure, capacity shall
be allocated to such third party (or parties, if the winning bids are for portions of the total
capacity available) submitting the best bid, as determined by Transporter, based upon the Releasing
Shipper's criteria. In the event two or more third parties submit equivalent best bids, as
determined by Transporter, based upon the Releasing Shipper's criteria and such bids are for more
than the total available capacity, the capacity shall be allocated by means of any non-
discriminatory, objective standard designated by Releasing Shipper, and included in the Offer to
Release Capacity (or, if no designation, then by means of a pro rata allocation).
e) Pre-Arranged Shipper Posting and Bidding procedure: In the event a third party(ies) submits a better
bid than the Pre-Arranged Shipper, Transporter shall communicate, in accordance with Section 30.5, to
the Pre-Arranged Shipper, that a third party(ies) has submitted a better bid. The Pre-Arranged
Shipper shall have the right to match said offer during the minimum time period set forth in Section
If the Pre-Arranged Shipper chooses to match the better bid, then Transporter shall allocate said
capacity to the Pre-Arranged Shipper. In the event the Pre-Arranged Shipper declines to match the
better bid, the Pre-Arranged Shipper shall have no further right to said capacity, and Transporter
shall assign said capacity to the successful bidding third party(ies).
The award shall be posted and the contract issued in accordance with Section 30.5.