Central Kentucky Transmission Company
Original Volume No. 1
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Effective Date: 02/26/2009, Docket: RP09-285-000, Status: Effective
First Revised Sheet No. 138 First Revised Sheet No. 138
Superseding: Original Sheet No. 138
GENERAL TERMS AND CONDITIONS
(b) A potential Replacement Shipper responding to the posting of a
Release Notice shall be permitted to bid a quantity and a term of service
different from those specified in the posted Release Notice; provided,
however, that a Bidder shall not be permitted to bid a quantity or a term of
service lower than any minimum quantity or term disclosed and posted by
Releasor in the Release Notice. Bidders must accept all other conditions set
forth in the Release Notice.
(c) Bids shall be submitted by potential Replacement Shippers
without bidders knowing the identities of other bidders. Bidders may submit
multiple bids, each higher than the previous bid, during the posting period
established pursuant to Section 14.2(e) above.
(d) All bidders must (i) have pre-qualified under Transporter's
creditworthiness standards, (ii) appear on Transporter's Approved Bidders
List, and (iii) where execution of an Assignment Agreement will be required
within five days of its transmission by Transporter, have executed an
Electronic Contracting Agreement with Transporter, as required by Section 3
(Requests for Service) and Section 5 (Service Agreement and Electronic
Contracting) of the General Terms and Conditions.
(e) Releasors that have (i) Service Agreements with Transporter and
with Columbia, or (ii) multiple Service Agreements with Transporter may post
Release Notices for capacity under such Service Agreements with a "Stand-
Alone" or "Not Stand Alone" indicator. Potential Replacement Shippers must
submit bids on all parcels that "Stand Together".
(f) All bids for capacity release transactions of more than one (1)
year in length shall neither exceed the maximum rates nor be less than the
minimum rates permitted by the Commission for the released services. Bids for
capacity release transactions of one (1) year or less shall not be less than
the minimum rates permitted by the Commission for the released services. Bids
for capacity for a term of more than one (1) year that are offered at a one-
part volumetric rate (which shall apply only to the reservation portion of
the rate) shall not exceed a maximum rate calculated by converting the
applicable maximum reservation charge into a volumetric charge at a 100
percent load factor plus the applicable commodity charges. Bids may not be
adjusted to reflect a daily, monthly, or seasonal rate.