Kansas Pipeline Company
Original Volume No. 1
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Effective Date: 05/11/1998, Docket: CP96-152-015, Status: Effective
First Revised Sheet No. 253 First Revised Sheet No. 253 : Effective
Superseding: Original Sheet No. 253
GENERAL TERMS AND CONDITIONS (Continued)
14.3 Posting
(a) Shipper will post the information provided in each
Release Notice on the IEC System. The posting will
include the MDCQ available for assignment, the
Points of Receipt and Delivery and the released
quantity for each point, the term of the assignment,
whether the assignment is firm or recallable and
the recall conditions, if applicable, the minimum
rate expressed in dollars and cents or percent
of maximum rate that the Releasing Shipper
will accept, and any other conditions.
(b) The posting will commence upon receipt of the
Release Notice. The Capacity Release Timeline
is as follows:
(i) For short-term releases (less than 5 months):
-- Offers should be tendered by 1:00 p.m. on the
day before the nominations for short-term
releases (less than 5 months);
-- Open season ends no later than 2:00 p.m.
on the day before nominations are due
(evaluation period begins at 2:00 p.m.
during which contingency is eliminated,
determination of best bid is made,
and ties are broken);
-- Evaluation period ends at 3:00 p.m.;
-- Match or award is communicated by 3:00 p.m.;
-- Match response by 4:00 p.m.;
-- Award posting by 5:00 p.m.;
-- Posting of pre-arranged deals not subject to
bid by 9:00 a.m. the day of nominations;
-- Contract tendered with contract number by
10:00 a.m.; contract executed; nomination
possible for next day gas flow (Central Clock
Time).