Ozark Gas Transmission System
First Revised Volume No. 1
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Effective Date: 10/01/1993, Docket: RS92- 72-003, Status: Effective
First Revised Sheet No. 109 First Revised Sheet No. 109 : Superseded
Superseding: Substitute Original Sheet No. 109
FIRM TRANSPORTATION SERVICE AGREEMENT
UNDER RATE SCHEDULE FTS
TERM OF AGREEMENT
5.1 Subject to the provisions of the General Terms and Conditions
of Transporter's FERC Gas Tariff and the FTS Rate Schedule,
this Agreement shall be effective as of _____________________
and shall continue for a primary term through _______________
__________. The term of this Agreement shall not be extended
unless Shipper notifies Transporter in writing one hundred
eighty (180) days prior to the termination date that it desires
to extend the term of this Agreement.
Any portions of this Agreement necessary to balance receipts
and deliveries under this Agreement as required by the FTS Rate
Schedule, shall survive the other parts of this Agreement until
such time as such balancing has been accomplished.
If this Agreement is for a term of one year or more, upon
receipt of termination notification, and for a period of
sixty (60) days, Transporter will post on its electronic
bulletin board ("EBB") notice of such termination, and begin
offering firm capacity for bid. Shipper will continue to
receive service in accordance with this Rate Schedule FTS
until service is actually terminated. If there are bidders for
the capacity, Shipper must meet or exceed the value (as defined
by the terms and conditions posted during notification) of the
competing bids if it desires to retain its capacity under this
Rate Schedule FTS.
5.2 If Shipper fails to meet the value of a competing bidder,
then Transporter will provide transportation service to the
third party Shipper under the terms and conditions of the offer.
5.3 If a competing bidder bids the maximum rate for only a portion
of the capacity under Shipper's Agreement, Shipper or his
customer(s) need only meet the competing bid for the amount of
capacity to which the bid applies.
5.4 In determining which offer is the highest value, Transporter
will post on its EBB, at the time of notice of termination of
this Agreement, terms and conditions upon which the offers
will be evaluated. Transporter may request a third party
bidder to post a bond or provide other security before accept-
ing the bid with the highest value. Transporter will post on
its EBB the highest value bid. Firm Shipper's customers will
have three (3) business days to meet or exceed such bid.