Trunkline Gas Company

First Revised Volume No. 1

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Effective Date: 05/01/2001, Docket: RP01-356-000, Status: Effective

Third Revised Sheet No. 193 Third Revised Sheet No. 193 : Effective

Superseding: Second Revised Sheet No. 193

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

9. CAPACITY RELEASE (Continued)

 

(2) Longer term releases (five months or more)

 

The timeline is the same as short-term releases except

that the Releasing Shipper shall post the Shipper Notice

on the Messenger system by 1:00 p.m. Central Time four (4)

Business Days before the bidding period ends. The

bidding period ends at 2:00 p.m. Central Time on the day

before nominations are due.

 

(3) Timeline for Releases with Special Conditions

 

If the Releasing Shipper specifies a bid evaluation

methodology other than highest rate, net revenue or

present value, or a permanent release or any other

special conditions, the above timelines shall apply;

provided, however, one additional Business Day will be

added to the evaluation period. Such extended evaluation

period shall cause Gas flow to be at least one day later

than Gas could flow under the timeline set forth in

Section 9.4(B)(1) or Section 9.4(B)(2).

 

(C) All bids must be expressed in dollars and cents or percents

of Maximum Rate, whichever is stated in the Shipper Notice,

include the required bid information and must be received and

posted electronically through the Messenger system. Bids shall

be posted on the Messenger system with any contingencies

identified and with the bidder's identity deleted.

 

(D) A bidder may submit only one bid at a time in response to

a Shipper Notice. A bidder may withdraw its bid through

the Messenger system at any time prior to the close of the

posting period specified in the Shipper Notice without

prejudice to its submitting another bid with an economic

value equal to or greater than the economic value of the

withdrawn bid.

 

(E) Where there is a PRS and an offer which is better than the

bid submitted by the PRS, Trunkline will notify the PRS by

3:15 p.m. Central Time on the day capacity is awarded and the