Natural Gas Pipeline Company Of America
Seventh Revised Volume No. 1
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Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective
Original Sheet No. 286 Original Sheet No. 286 : Pending
GENERAL TERMS AND CONDITIONS
(i) An Initial Open Season shall be conducted at
least once each month for Posted Capacity (as defined in the prior
paragraph) which was not previously included in an Initial Open Season.
Posted Capacity shall be included in the next Initial Open Season after
such firm capacity becomes Posted Capacity.
(ii) The first Initial Open Season to be held
following implementation of this Initial Open Season procedure will
cover all Posted Capacity as of that date.
(iii) In any Initial Open Season, the minimum
posting and bidding period applicable to firm capacity available for
less than five (5) months is from 9 a.m. to 2 p.m. Central Clock Time
on a business day. In any Initial Open Season, the minimum posting and
bidding period for firm capacity available for five (5) months or longer
is four (4) business days, with the minimum posting periods each day
being from 9 a.m. to 2 p.m. Central Clock Time.
(iv) The posting for an Initial Open Season will
include the following items:
(A) For transmission capacity, the location
by pipeline segment of the firm capacity to be covered by the Initial
Open Season and any restriction on any segment or on any Receipt or
(B) The bidding procedure to be used,
including an explanation of how bids are to be submitted, a bid form,
instructions for satisfying the request criteria under the applicable
rate schedule, and the complete bid evaluation criteria consistent with
(C) The timetable for posting and bidding,
which timetable must be consistent with Section 5.1(c)(1)(iii). The
timetable will specify any right Natural may have to extend the Initial
Open Season but in no event can the Initial Open Season be extended if a
valid bid has been submitted.
(D) The type, duration and amount of firm
capacity to be covered by the Initial Open Season, and the date on which
such firm capacity will be available.