Northwest Pipeline LLC NOTICE #29060 Soliciting Email Bids for Long Term Capacity posted on Jun 25 2019 11:35AM TSP Name: Northwest Pipeline LLC TSP: 67977322 Critical: N Notice Stat Desc: INITIATE Notice Type Desc: TSP CAPACITY OFFERING Post D/T: 06/25/2019 11:35 AM MCT Notice Eff D/T: 06/25/2019 11:35 AM MCT Notice End D/T: Reqrd Rsp Desc: No response required Rsp D/T: Notice ID: 19-118 Prior Notice: Subject: Soliciting Email Bids for Long Term Capacity Notice Text: ALL SHIPPERS FROM: Miki Bode-Jones (801) 584-6861 miki.bode@williams.com SUBJECT:SOLICITING COMPETING EMAIL BIDS FOR FIRM TF-1 TRANSPORTATION CAPACITY Northwest has posted the following package of available firm TF-1 Large Customer transportation capacity to its Electronic Bulletin Board ("EBB") for competitive bid pursuant to the "Available Capacity" provisions of Northwest's Tariff. NOTE: BIDS FOR POSTED CAPACITY WILL BE CONDUCTED via Email. Please call Miki @ 801 584-6861 or 713-215-6301 if you have any questions or encounter any problems with your bid(s). Time deadlines will be electronically monitored and implemented. PACKAGE 42-1 Email OFFER #19-1004 RECEIPT DELIVERY TOTAL INITIAL PRIMARY PREARRANGED POINT POINT DTH/D CONTRACT TERM OFFER Stanfield Kern River 8,601 07/01/2019 - 10/31/2042 Yes Plymouth LNGKern River 7,704 07/01/2019 - 10/31/2042 Yes Min. & Max Acceptable Bid:TF-1 Maximum Base Tariff Rate Min. Acceptable Bid Vol:2 Dth/d Max. Acceptable Bid Vol:16,305 Dth/d Bid Open Date:06/25/2019 ( 11:45 a.m. Mountain Time) Bid Close Date:06/28/2019 ( 11:45 a.m. Mountain Time) PA Match Deadline:06/30/2019 ( 11:45 a.m. Mountain Time) Award Deadline:06/30/2019 ( 11:45 a.m. Mountain Time) Evergreen:Yes, Standard Bi-lateral. Discount Conditions: The Reservation Charge (per Dth of CD) for the "interim period" beginning July 1, 2019 through October 31, 2025, is equal to 35% of Maximum Base Tariff Rate, plus applicable surcharges. Beginning November 1, 2025, the Reservation Charge will be the Maximum Base Tariff Rate, plus applicable surcharges through the primary term end date or anniversary roll date. Non-Conforming Provisions: In the event of a challenge by another party regarding the rates provided under this Agreement, and upon written request from Transporter, Shipper will file in support of the discount under the Agreement in Transporter's subsequent rate cases filed under either Section 4 or 5 of the Natural Gas Act during the term that the discount provided under the Agreement applies, excluding any rate cases that involve a pre-filed settlement. For rate cases that involve a pre-filed settlement, Shipper agrees not to protest the discount under the Agreement in Transporter's subsequent rate cases filed under either Section 4 or 5 of the Natural Gas Act during the term that the discount provided under the Agreement applies. PROCEDURE FOR BIDDING AND AWARDING THE POSTED CAPACITY Northwest will only accept email bids for this capacity and will use the email receipt time stamp to determine timely arrival. If a document is in the process of being received at the Bid Close Date and Time, Northwest will deem the document as being received timely. NORTHWEST PIPELINE EMAIL BID FORM _______________________ (Date) _______________________________________ _______________________________________ _______________________________________ (Company Name & Address) Contact Name: ________________________________ Contact Phone Number: ________________________________ VIA Email - miki.bode@williams.com Re: BID FOR AVAILABLE FIRM-TF-1 TRANSPORTATION CAPACITY ________________________ ("Shipper") is requesting that Northwest Pipeline LLC ("Northwest") consider the following bid for available TF-1 transportation capacity as noted below. Shipper understands that the procedures outlined in this posting will be utilized in accepting, evaluating and awarding such bid. This bid supersedes any bids previously submitted by Shipper if applicable. BID FOR INTERIM PERIOD (07/01/2019 - 10/31/2025) Contract Demand: 16,305 Dth/d OR ______________ Dth/d The minimum Contract Demand Shipper is willing to accept in the event Transporter must allocate capacity: ____________Dth/d Reservation Rate: ______ percent of Northwest's TF-1 Maximum Base Tariff Rate (plus applicable surcharges and fuel) Primary Term Begin Date: 07/01/2019 or _______________ Primary Term End Date: 10/31/2025 or _______________ Primary Receipt Point and MDQ: Stanfield 8,601 Dth/d or ____________ Dth/d Plymouth LNG 7,704 Dth/d or ____________Dth/d Primary Delivery Point and MDDOs: Kern River 16,305 Dth/d or ___________Dth/d Evergreen Provision: None BID FOR REMAINING PERIOD 11/1/2025 - 10/31/2042 Contract Demand: 16,305 Dth/d OR ______________ Dth/d The minimum Contract Demand Shipper is willing to accept in the event Transporter must allocate capacity: ____________Dth/d Reservation Rate: ______ percent of Northwest's TF-1 Maximum Base Tariff Rate (plus applicable surcharges and fuel) Primary Term Begin Date: 11/01/2025 Primary Term End Date: 10/31/2042 OR ___________________ Primary Receipt Point and MDQ: Stanfield 8,601 Dth/d or ___________Dth/d Plymouth LNG7,704 Dth/d or ___________Dth/d Primary Delivery Point and MDDOs: Kern River 16,305 Dth/d or __________Dth/d Evergreen Provision: Standard Bi-lateral Evergreen Provision per Section 12.2 of Rate Schedule TF-1. Awarding Capacity Northwest will award the capacity, subject to the pre-arranged shipper's right to match the highest bid, as follows: For the interim period (January 1, 2020 through October 31, 2025), Northwest will award the capacity based on the highest percentage of the Maximum Base Tariff Rate. For the remaining period (November 1, 2025 through October 31, 2042), Northwest will award the capacity based on the highest net present value associated with the remaining period. In the case of a tie, each tied Shipper will have the right to improve its bid by submitting an improved bid within 24 hours of notification. If a tie still exists, such capacity will be awarded on a pro-rata basis to the Shipper(s) indicating a willingness to accept a pro-rata share. Discount Conditions: In the event Shipper is awarded capacity for both the Interim and the Remaining Period, the following discount conditions will apply according to the awarded bid terms: The Reservation Charge (per Dth of CD) for the "interim period" beginning MM,DD,YYYY through MM,DD,YYYY, is equal to ___% of Maximum Base Tariff Rate, plus applicable surcharges. Beginning November 1, 2025, the Reservation Charge will be the Maximum Base Tariff Rate, plus applicable surcharges through the primary term end date or anniversary roll date. Non-conforming Provisions: In the event Shipper is awarded capacity at a discount for a term greater than one year, the Agreement will include the following non- conforming provision: Rate Case Support "In the event of a challenge by another party regarding the rates rovided under this Agreement, and upon written request from Transporter, Shipper will file in support of the discount under the Agreement in Transporter's subsequent rate cases filed under either Section 4 or 5 of the Natural Gas Act during the term that the discount provided under the Agreement applies, excluding any rate cases that involve a pre-filed settlement. For rate cases that involve a pre-filed settlement, Shipper agrees not to protest the discount under the Agreement in Transporter's subsequent rate cases filed under either Section 4 or 5 of the Natural Gas Act during the term that the discount provided under the Agreement applies." In the event Shipper is awarded capacity at the Maximum Base Tariff Rate for a term greater than one year but less than the entire term posted, the Agreement will include the following non-conforming provision: ROFR The capacity is only available on an interim basis therefore, Shipper is not eligible for a Right of First Refusal. Northwest's acceptance of Shipper's bid for this firm capacity will constitute a binding offer from Shipper to Northwest for the capacity and the terms and conditions posted herein. If any of the capacity is awarded to Shipper, Shipper agrees to submit a request in Northwest Passage within two (2) business days of notification by Northwest. Sincerely, ______________________________ (Company Name) _____________________________ (Authorized Person's Name and Title) _____________________________ (Signature and Date) Affiliate of Transporter: Yes________ No_________ Accepted / Rejected by Northwest Rejected Reason: __________________________________________ Date: _______________Name: __________________________