K N Interstate Gas Transmission Co.

Second Revised Volume No. 1-B

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Effective Date: 07/10/1995, Docket: RP95-412-000, Status: Effective

Third Revised Sheet No. 44 Third Revised Sheet No. 44 : Superseded

Superseding: Second Revised Sheet No. 44

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

 

(11) an indication whether Shipper wants K N to use NPV to

determine the successful bid. If so, specify discount

rate. If not, specify desired criteria;

(12) the requested bid period; and

(13) any other conditions of the release, including the

ability to withdraw the release, ability to recall the

release and the recall conditions, whether contingent

bids will be accepted and under what conditions.

 

b. If a releasing Shipper finds a replacement Shipper while the

capacity is posted on the electronic bulletin board, the

releasing Shipper must repost the release or notify Transporter

as soon as possible for reposting. The capacity must be posted

again for at least two days or longer at the releasing

Shipper's option. The second round of posting cannot apply to

prearranged releases at the maximum rate or to releases of

thirty-one (31) days or less. For exemption from posting

requirements, prearranged releases of thirty-one (31) days or

less must at least match the highest posted rate.

 

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 thirty-one (31) days or less, with a

prearranged Shipper, do not have to be posted for bidding.

 

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.