Northwest Pipeline LLC NOTICE #29568 Soliciting Electronic Bids posted on May 18 2020 10:12AM TSP Name: Northwest Pipeline LLC TSP: 67977322 Critical: N Notice Stat Desc: INITIATE Notice Type Desc: TSP CAPACITY OFFERING Post D/T: 05/18/2020 10:11 AM MCT Notice Eff D/T: 05/18/2020 10:11 AM MCT Notice End D/T: Reqrd Rsp Desc: No response required Rsp D/T: Notice ID: 20-058 Prior Notice: Subject: Soliciting Electronic Bids Notice Text:
Northwest Pipeline LLC (Northwest)
SUBJECT: SOLICITING COMPETING BIDS
For Discounted Short-Term FIRM
TRANSPORTATION CAPACITY On
NORTHWEST PIPELINE'S SYSTEM
Northwest has posted the following package(s) 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 ELECTRONICALLY
(AS NOTED IN THE PROCEDURE FOR BIDDING AND AWARDING THE
POSTED CAPACITY) AS AN OPEN BID ON NORTHWEST PIPELINE’S EBB. Please
contact 713-215-6301 or your Marketing Services Representative if
you encounter any problems with your EBB bid(s). Time deadlines are
electronically monitored and implemented.
PACKAGE U
Offer #21459
RECEIPT DELIVERY TOTAL INITIAL PRIMARY PREARRANGED
POINT POINT DTH/D CONTRACT TERM OFFER____
Ignacio Plant Kern River 9,889 6/01/2020–10/31/2020 Yes
Min. Acceptable Bid: $0.105 Dth/d
Min. Acceptable Bid Vol: 1 Dth/d
Max. Acceptable Bid Vol: 9,889 Dth/d
Bid Open Date: 5/18/2020 10:00 AM (Mountain Time)
Bid Close Date: 5/22/2020 10:00 AM (Mountain Time)
Match Deadline: 5/22/2020 11:00 AM (Mountain Time)
Evergreen: Yes
Discount Conditions:The Discount Rate remains applicable no matter which receipt and
delivery locations are used by Shipper or by Replacement Shipper(s).
Discount Conditions:
*Any acceptable reservation bid rate less than the TF-1 MaximumBase Tariff Rate will be composed of the following dailyreservation rate components:
A fixed reservation rate at or above the minimum acceptablereservation bid rate plus;
50% of any positive net daily spread where the “Net DailySpread” is defined as the difference remaining after thefollowing calculation for each day within the month:
The daily index price for Kern River Opal Midpoint Price, as
published by Platts Gas Daily;
Minusthe daily index price for El Paso Bondad Midpoint
price, as published by Platts Gas Daily; and
Minusthe TF-1 base tariff volumetric rate;
Minusthe TF-1 in-kind fuel reimbursement valued at thedaily index price for El Paso Bondad Midpoint Price, aspublished by Platts Gas Daily multiplied by the currentlyeffective TF-1 fuel rate as identified in Northwest’s FERC Gas
Tariff;
Minusthe fixed reservation rate.
Equalsthe “Net Daily Spread”
The “Combined Daily Rate” equals the Fixed Reservation Rate plusthe Net Daily Spread.
The Combined Daily Rate will be no lower than the minimum and no higherthan the Maximum Base Tariff Rate and remains applicable no matter whichreceipt and delivery locations are used by Shipper or by ReplacementShipper(s).
PROCEDURE FOR BIDDING AND AWARDING
THE POSTED CAPACITY
Northwest will only accept electronic bids (see instructions below) for all of the posted
package(s) of available transportation capacity.
Duplicate bids will be discarded. Maximum rate bids will be accepted for any primary
contract term, subject to available capacity. The posted capacity will be awarded to the
shipper’s bid with the greatest economic value, subject to the pre-arranged shipper’s one-
time right to match the highest bid(s).
The economic value of each bid will be determined on a present value basis. In case
of a tie, each tied shipper will have the right to improve its bid by submitting an
improved bid within 24 hours of the bid close time. Such improved bids shall be
submitted electronically through Northwest Passage.
If a tie still exists, such capacity shall be awarded on a pro-rata basis to the shippers
indicating a willingness to accept a pro-rata share. All bidding and awarding will be
conducted in accordance with General Terms and Conditions Section 25 of Northwest’s Tariff.
INSTRUCTIONS FOR CREATING AN ELECTRONIC BID FOR
NORTHWEST’S FIRM CAPACITY
OFFERS
1. Select “CONTRACTS” folder in Northwest Passage.
2. Select “TSP Capacity Offering” folder.
3. Select “Offer List” screen and click “Retrieve”.
4. You can review current bids posted for each offer in the lower portion of
the screen after highlighting the specific offer.
5. Select the offer you are interested in bidding on and right mouse click to create
a bid. The screen will bring up the contract request screens and allow you to review
the conditions of the offer and place your bid. If you would like to create a
bid for this offer, enter the terms of your bid by navigating through the screens and
entering the terms of your offer. You may modify the end date and volume of a maximum
rate offer.
6. Select “VALIDATE”. If an error appears on the screen, the error will need
to be corrected and the data will need to be validated again. Upon successful
validation, you may select “SUBMIT”. Review the contract and select “EXECUTE” to
execute the contract and submit your bid (The timestamp of your bid is based on
when you click the “EXECUTE” button). Note the bid number and select “CLOSE” to exit
the screen.
To improve or review your bid(s), highlight the offer, right click and reselect the
“Create Bid” option. To withdraw your bid(s), highlight your bid in the lower portion of
the screen, right click and select the “Withdraw” option. If a change to your bid is not
submitted in time, your previous, successfully submitted bid will be used for the award
process.
NOTE: After each selection, always select “RETRIEVE” on screen to get the latest
status.