K N Interstate Gas Transmission Co.
Third Revised Volume No. 1-B
Contents / Previous / Next / Main Tariff Index
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Original Sheet No. 51 Original Sheet No. 51 : Superseded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.