K N Interstate Gas Transmission Co.
First Revised Volume No. 1-D
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Effective Date: 05/04/1995, Docket: RP95-272-000, Status: Effective
First Revised Sheet No. 40 First Revised Sheet No. 40 : Superseded
Superseding: Original Sheet No. 40
GENERAL TERMS AND CONDITIONS FOR SERVICES - continued
23.3 TERM OF RELEASED CAPACITY
a. TEMPORARY RELEASES. The term of any temporary release of
firm capacity shall not exceed the primary term of the
Service Agreement under which release is occurring.
Temporary releases for a period of one calendar month or
less, with a prearranged Shipper, do not have to be posted
b. PERMANENT RELEASES. The term of any permanent release of
firm capacity shall be equal to the remaining primary term
of the Service Agreement under which release is occurring.
The right of first refusal is released with the capacity.
c. AVAILABILITY OF RELEASED CAPACITY. Released capacity will
be available on a nondiscriminatory basis, pursuant to
Section 284.243 of the Commission's regulations, and will be
assigned on the basis of a bid period.
23.4 NOTICE BY PARTY ELECTING TO ACQUIRE CAPACITY
a. Parties desiring to acquire released capacity must submit an
electronic bid for released capacity through the electronic
bulletin board during the bid period.
b. Such bid must include:
(1) Shipper's legal name;
(2) The quantities to be acquired in daily and monthly
(3) The receipt and delivery point(s) and the capacity to
be acquired at each point;
(4) The desired effective date and term of the
(5) The fixed or volumetric reservation rate, not to
exceed the maximum applicable tariff reservation rate
plus any applicable surcharges that the party bids for
the released capacity;
(6) Whether bidder is willing to accept a quantity less
than that bid upon; and
(7) Any other conditions of the acquisition.