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withdrawn bid.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