Elba Express Company, L.L.C.

Original Volume No. 1

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Effective Date: 03/01/2010, Docket: RP10-342-000, Status: Effective

Original Sheet No. 28 Original Sheet No. 28

 

(ii) If COMPANY receives two (2) or more requests for service

that produce equivalent net present values, then, unless

otherwise agreed by COMPANY, available capacity will be

allocated to the equivalent requests on a pro rata basis. A

party must specify in its request whether it is willing to

accept capacity on a pro rata basis pursuant to this

section. If any party declines to accept prorated capacity,

such party's request shall be null and void and COMPANY

shall be entitled to reallocate the available capacity among

the other equivalent requests.

 

(iii) Capacity on COMPANY'S system will be posted on SoNet Premier

pursuant to Section 284.13(d)(1) of the Commission's

Regulations as it becomes available. COMPANY may, but is

not obligated herein to, hold an open season at any time

that a shipper makes a written request for available

capacity, except COMPANY shall not hold an open season when

a SHIPPER requests a change in a Primary Receipt Point or

Primary Delivery Point for existing capacity available at

the time of the request; nor are discounts at other points

presumptively applicable to the requested points unless

otherwise provided herein or by Commission regulations. If

COMPANY holds an open season, it shall post the terms of any

open season and the available capacity under the open

season. During any such open season, COMPANY will allocate

the capacity subject to the open season as provided in

Section 2.1(b)(i) above. At the time of posting, COMPANY

will identify the criteria to be used in calculating the Net

Present Value, including, but not limited to, the weighing

of each criteria, the method of calculating Net Present

Value, and the discount factor to be used. COMPANY may

elect to set a reserve price(s) for bids.

 

In evaluating bids associated with an open season for new

pipeline capacity, any request for a change in Primary

Delivery Points under Section 6.4 of these General Terms and

Conditions will be considered to have a net present value of

zero (0) when comparing requests for service, awarding

capacity, and meeting the reserve price unless the SHIPPER

has agreed in conjunction with its request to increase its

TD or extend the term of its firm contract in which case

COMPANY may consider the terms of such TD increase or

contract extension when evaluating the net present value.

 

In evaluating bids associated with an open season for new

pipeline capacity, Company will consider any requests by a

SHIPPER to change Primary Receipt Point(s) as part of a bid

in an open season for the available capacity offered in the

open season. In evaluating bids associated with the open

season, any request for a change in the Primary Receipt

Point(s) will be considered to have a net present value of

zero (0) when comparing requests for service, awarding

capacity, and meeting the reserve price, unless the SHIPPER

has agreed in conjunction with its request to increase its

TD or extend the term of its firm contract in which case

COMPANY may consider the terms of such TD increase or

contract extension when evaluating the net present value.