Williams Natural Gas Company
Second Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 05/01/1997, Docket: RP97- 67-002, Status: Effective
Second Revised Sheet No. 241 Second Revised Sheet No. 241 : Superseded
Superseding: First Revised Sheet No. 241
GENERAL TERMS AND CONDITIONS
11. FIRM CAPACITY REASSIGNMENT (Cont'd)
(a) Bids and offers must be complete before being posted. Only
posted offers and bids will be available electronically.
Completed offers for release and bids, including pre-arranged
releases, shall be posted upon receipt, unless Releasing
Shipper requests otherwise. Releasing Shippers may require a
posting time provided such posting time comports with the
standard time line set forth below. The Capacity Release time
line is applicable to all parties involved in the Capacity
Release process; however, it is only applicable if (1) all
information provided by the parties to the transaction is
valid and the Replacement Shipper has been determined to be
credit worthy before the capacity release bid is tendered; and
(2) there are no special terms or conditions of the release.
A Shipper desiring to release firm capacity for less than five
months, including pre-arranged releases at less than maximum
rates, must tender an offer to release capacity by 1:00 p.m.
CCT on the day before nominations are due. A Shipper desiring
to release firm capacity for five months or longer, including
pre-arranged releases at less than maximum rates, must tender
an offer to release capacity by 1:00 p.m. CCT four business
days before award for long-term releases.
After posting of the offer, there will be an open season
during which WNG will receive open bids for the released
capacity. The open season will end no later than 2:00 p.m.
CCT on the day before nominations are due. The evaluation
period begins at 2:00 p.m. CCT during which contingency is
eliminated, determination of best bid is made, and ties are
broken; evaluation period ends at 3:00 p.m. CCT. The match or
award is communicated by 3:00 p.m. CCT; match response by 4:00
p.m. CCT; award posting by 5:00 p.m. CCT; posting of
pre-arranged deals not subject to bid by 9:00 a.m. CCT the day
of nominations; contract tendered with the contract number by
10:00 a.m. CCT; contract executed; nominations possible for
next day gas flow.
There will be no extensions of the original bid period or the
pre-arranged deal match period without posting a new release.