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).