RATE SCHEDULE T-1
FIRM SERVICE
5. RIGHT OF FIRST REFUSAL (Continued)
5.2 Posting/Bid Procedures
5.21 Posting of Available Capacity
Company shall post for twenty days a notice of
available firm capacity. The posting shall specify
the Maximum Receipt Quantity, the Point(s) of
Receipt and Delivery, Bid evaluation method, and
deadline for resolution of Bid contingency as set
forth in Subsection 5.22(c). The posting shall
state that the capacity is subject to the right of
first refusal and if Company will consider
Negotiated Rate Bids pursuant to Subsection 38.31 of
the General Terms and Conditions.
5.22 Bid Procedures
(a) Within one business day of receipt of a Bid by
Company for the posted firm capacity, Company
will post the Bid. The identity of the bidder
shall be kept confidential. Company shall not
be obligated to accept Bids at less than the
applicable Maximum Reservation Rate.
(b) Any Person desiring to submit a Bid for firm
capacity in accordance with this Section must
satisfy the requirements of Rate Schedule T-1
and execute a U.S. Shipper Service Agreement.
A Person's Bid for firm capacity which exceeds
its qualified level of credit worthiness shall
be accepted up to the level of credit
worthiness established pursuant to Section 41
of the General Terms and Conditions of
Company's FERC Gas Tariff.
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Issued by: Raymond D. Neppl, Vice President
Issued on: May 3, 2006 Effective on: May 1, 2006
Filed to comply with order of the Federal Energy Regulatory Commission, Docket
No. RP06-72-000, issued April 28, 2006, 15 FERC ¶ 61,126 |