K N Interstate Gas Transmission Co.

Third Revised Volume No. 1-B

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Effective Date: 08/01/1996, Docket: RP96-296-000, Status: Effective

Original Sheet No. 51 Original Sheet No. 51 : Superseded

 

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 for less than one (1) month)

will consist of the information specified in

Transporter's Notice by Shipper Electing to

Release Capacity.

 

f. Posting of 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 will

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.