| MIGC LLC |
|
Original Sheet No. 85 : Effective |
| FERC Gas Tariff |
|
|
| MIGC LLC |
TRANSPORTATION GENERAL TERMS AND CONDITIONS
(Continued)
(4) The specific description of the capacity rights to be released
with the released capacity expressed as a numeric quantity at specific receipt
and delivery points. The basis for released quantity should be per day for
transportation and total release period quantity. The description should
specify the priority between Releasing and Replacement Shipper to be utilized
for scheduling authorized overrun nominations along transportation path
segments.
(5) The Term Sheet which must contain objective and non-discriminatory
standards.
(6) Any Prearranged Shipper proposed to obtain release capacity
under the rates, terms and conditions contained in the Releasing Shipper's
Notice and Term sheet.
(7) For purposes of bidding and awarding, maximum/minimum rates
specified by the releasing shipper should include the tariff reservation rate
and all demand surcharges, as a total number or as stated separately. The
minimum reservation charge if any or if the Releasing Shipper so chooses, the
minimum reservation charge stated on a percentage basis of the maximum rate, or
for a release on a volumetric basis the volumetric commitments. For bidding
purposes the number of decimal places for offers, bids and awards should be
equal to the number of decimal places in the stated rates per MIGC's applicable
rate schedule.
Converting a daily rate to monthly rate is accomplished by
multiplying the daily rate times the number of days in the rate period;
dividing the result by the number of months in the rate period; and taking the
remainder out to 5 decimal places and rounding up or down to MIGC's specified
decimal place. Converting a monthly rate to a daily rate is accomplished by
multiplying the monthly rate times the number of months in the rate period;
dividing the result by the number of days in the rate period; and taking the
remainder out to 5 decimal places and rounding up or down to MIGC's specified
decimal place. Furthermore, all tariff rates shall be adjusted to reflect a
standard calculation of daily and monthly rates.
(8) Releasing shipper may choose a "best bid" evaluation method stated
in Section 17.5. If customer states an alternative bid evaluation method, MIGC
will not be held to the bid period timeline in Section 17.1.
(9) If Releasing Shipper does not desire immediate posting of Releas-
ing Shipper's notice or bids received, Releasing Shipper shall provide the
posting date and time insofar as it comports with the standard timeline set
forth in 17.1.
| Issued by: |
| Issue date: |
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Effective date: 08/01/08 |