| Bluelake Storage Company |
|
Second Revised Sheet No. 17A : Effective |
| FERC Gas Tariff |
|
Supersedes First Revised Sheet No. 17A |
| Bluelake Storage Company |
RATE SCHEDULE FS
FIRM STORAGE
(Continued)
(g) Capacity will be awarded no later than 3:00 p.m. Central Clock
Time. The capacity will be awarded to the Replacement Customer
which otherwise satisfies the requirements of this Tariff and
also meets all of the conditions of the offer to release
capacity. In the case of multiple bid winners, the highest
ranking bid will receive the entire maximum amount of capacity
bid. The next highest ranking bidder will receive the
remainder of the offered capacity provided that the amount
remaining is above the bidders minimum acceptable quantity.
Any remaining capacity will be given to the next highest bidder
with the same provisions as above. This process will repeat
until either all of the offered capacity is awarded or the
remaining capacity falls below either the Releasing Customers
minimum quantity or all of the remaining bidders acceptable
quantities. Seller shall not be required to contract with
parties submitting bids that do not meet the conditions of the
offer to release capacity, however, subject to approval of
Releasing Customer, Seller may accept bids offering a price or
term less than that set forth in the release. Bids will be
evaluated by the criteria provided by the Releasing Customer.
If no criteria are provided by the Releasing Customer, bids
will be accepted in the order of priority based upon the
highest economic value offered by the competing bids as defined
in Section 10 of the General Terms and Conditions of this
Tariff. The ultimate awarding of the capacity will be posted
subsequently on Sellers Internet Site by 4:00 p.m. Central
Clock Time, unless bidder was a contingent bidder and the
contingency did not occur. Seller will tender a numbered
Agreement within one hour to the winning bidder, and the
winning bidder shall enter into an Agreement with Seller
pursuant to Section 8.2, below. Seller is required to meet the
Capacity Release Timeline for processing capacity releases only
if the Releasing Customers best bid methodology is either:
(1) highest rate, (2) net revenue, or (3) present value. In
all cases, Replacement Customers will be subject to all
requirements of this Tariff. Storage Service to the
Replacement Customer may commence, prior to the posting of the
winning bid, if capacity has been awarded and a contract
executed.
| Issued by: Gary Charette, Chairman |
| Issue date: 10/01/07 |
|
Effective date: 11/01/07 |