K N Interstate Gas Transmission Co.
Second Revised Volume No. 1-B
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Effective Date: 11/01/1994, Docket: RP94-397-000, Status: Effective
First Revised Sheet No. 33 First Revised Sheet No. 33 : Superseded
Superseding: Original Sheet No. 33
GENERAL TERMS AND CONDITIONS FOR SERVICES - continued
If the tendered bids are less than maximum rate, Transporter will
utilize an iterative bidding process. Each bid will be posted on
the EBB and each iteration's best offer will be posted on the EBB
for informational purposes, along with the name of the highest
bidder. In subsequent iteration(s), bidders will have ten (10)
days to respond to Transporter after a posting; thereafter, after
each bidding period, Transporter will have up to ten (10) days to
perform an analysis to determine the best offer as described in
Section 18.4 below. The bidding process must be completed forty-
five (45) days before the end of the existing contract term.
If any bid submitted by a bidder is subsequently withdrawn, any new
bids submitted by such bidder for the same path(s) must be at a
Transporter will have the right to reject, on a non-discriminatory
basis, any bid not at the maximum rate.
18.3. CONTENTS OF BID
Service Agreements, corresponding to the Shipper's bid, will be
required and must contain the price, term, amount of capacity
desired and primary receipt and delivery points.
When any Shipper bids the maximum rate, such Shipper is only
required to bid up to the maximum rate for its requested receipt
and delivery points, not the maximum rate which may apply to
different receipt and delivery points which could be charged for
Multiple bids (defined as different bids made for different
portions of the total capacity) will be permitted.