K N Interstate Gas Transmission Co.
First Revised Volume No. 1-D
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Effective Date: 07/10/1995, Docket: RP95-412-000, Status: Effective
Second Revised Sheet No. 44 Second Revised Sheet No. 44 : Superseded
Superseding: First Revised Sheet No. 44
GENERAL TERMS AND CONDITIONS FOR SERVICES - continued
b. The lottery will consist of replacement Shippers attempting to
match a random number posted on the electronic bulletin board.
The Shipper closest to the winning number, either over or
under, will win the lottery. In case of a tie, the procedure
will be repeated.
c. Releasing Shipper may designate in its release an alternate,
objective, non-discriminatory method for resolving the tie.
d. If no bids are received or accepted by Transporter, the
relinquishing Shipper shall retain the capacity and remain
liable for the reservation charge(s) and all applicable
commodity charge(s) under the executed Service Agreement.
e. Informational postings of releases not subject to bidding
(capacity release at maximum rate or prearranged releases with
a duration of thirty-one (31) days or less) will consist of the
information specified in Transporter's Notice by Shipper
Electing to Release Capacity.
f. Transporter shall Post Bid Results within forty-eight (48)
hours of the determination of a winning bidder. The release
information with the releasing Shipper's name and all bid
information for the winning bid, including the bidder's name,
will be posted for fourteen (14) days. Transporter shall post
prearranged releases at the maximum rate for notification
purposes within forty-eight (48) hours of the release. Service
may begin and a contract may be executed even if the bid
results are not posted on the EBB until later.