Carolina Gas Transmission Corporation
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 08/06/2007, Docket: RP07-519-000, Status: Effective
First Revised Sheet No. 131 First Revised Sheet No. 131 : Effective
Superseding: Original Sheet No. 131
(1) All bids shall be submitted to Pipeline
electronically through the Internet Website.
(2) All Bidders shall comply with the creditworthiness
provisions in GT&Cs Section 3. Bidders must submit a
Service Request for pre-qualification in order to
expedite the award process.
(3) The value of a Negotiated Rate bid shall not exceed
the applicable Recourse Rate.
(4) Bids remain binding through the end of the bid period
unless withdrawn by Bidder. Bidder may make an
upward revision to or withdraw its bid during the bid
period; provided, however, that a Prearranged Shipper
may elect to match the best bid(s) after the close of
the bid period. Bidder shall not use its ability to
withdraw its bid in order to submit a lower bid.
(1) Within two (2) Business Days following the bid
closing date, Pipeline will determine the winning
bid. Bids will be evaluated based on the method
specified by Pipeline in its posting.
(2) Bids that, if awarded, would incur incremental costs
to Pipeline shall be reduced by such incremental
(3) Subject to Section 4.8 and any Right of First
Refusal, capacity will be awarded to the Bidder(s),
including a Prearranged Shipper, submitting the
bid(s) with the highest value under the method
specified in Pipeline’s posting, provided that
Pipeline will consider the aggregate value of more
than one (1) bid if the combined quantity of capacity
under those bids does not exceed the maximum capacity
available for subscription.
(4) If a tie exists, Pipeline will allocate the available
capacity pro rata, based on requested quantity, to
each tying Bidder that has indicated in its bid a
willingness to accept a proportionate share of such
capacity. A bid to pay the maximum rate as it may
vary from time to time for a given term will be
deemed superior to a bid to pay a specified dollar
rate equal to the maximum rate.