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Third Revised Sheet No. 44 Third Revised Sheet No. 44 : Superseded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