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Northwest Pipeline LLC Notice Detail

Northwest Pipeline LLC


NOTICE # 19-155
SOLICITING ELECTRONIC BIDS FOR INDEX BASED DISCOUNTED CAPACITY posted on Sep 26 2019 5:45PM

TSP Name:  Northwest Pipeline LLC     TSP:  67977322

Critical:  N
Notice Stat Desc:  SUPERSEDE
Notice Type Desc:  TSP CAPACITY OFFERING
Post D/T:  09/26/2019 5:45 PM MCT
Notice Eff D/T:  09/26/2019 5:45 PM MCT
Notice End D/T:  
Reqrd Rsp Desc:  No response required
Rsp D/T:  

Notice ID:  19-155
Prior Notice:  19-153
Subject:  SOLICITING ELECTRONIC BIDS FOR INDEX BASED DISCOUNTED CAPACITY

Notice Text:

TO:     ALL SHIPPERS –                

FROM:   JASON ELLSWORTH 801-584-6752

 

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 #20852

RECEIPT       DELIVERY     TOTAL      INITIAL PRIMARY      PREARRANGED

POINT         POINT         DTH/D       CONTRACT TERM           OFFER____

Ignacio Plant Kern River   9,889    10/13/2019 – 10/21/2019       Yes

                                      

Min. Acceptable Bid:                $0.05 Dth/d* 

Min. Acceptable Bid Vol:            1 Dth/d

Max. Acceptable Bid Vol:            9,889 Dth/d

Bid Open Date:                      9/27/2019  07:45 AM (Mountain Time)

Bid Close Date:                     9/27/2019  08:45 AM (Mountain Time)

Match Deadline:                     9/27/2019  09:00 AM (Mountain Time)

Evergreen:                          No.

 

*Discount Conditions:Any acceptable reservation bid rate less

than the TF-1 Maximum Base Tariff Rate willbe composed of the

following dailyreservation rate components:

(1) A fixed reservation rate at or above the minimum acceptable

reservation bid rate plus;

 

(2) 50% of any positive net daily spread where the “Net Daily

Spread” is defined as the difference remaining after the

following calculation for each day within the month:

a.    The daily index price for Kern River Opal Midpoint Price, as

   published by Platts Gas Daily;

b.     Minus the daily index price for El Paso Bondad Midpoint

   price, as published by Platts Gas Daily; and

c.    Minus the TF-1 base tariff volumetric rate;

d.    Minus the TF-1 in-kind fuel reimbursement valued at the

daily index price for El Paso Bondad Midpoint Price, as

published by Platts Gas Daily multiplied by the currently

effective TF-1 fuel rate as identified in Northwest’s FERC Gas

Tariff;

e.    Minus the fixed reservation rate.

f.    Equals the “Net Daily Spread”

The “Combined Daily Rate” equals the Fixed Reservation Rate plus

the Net Daily Spread.   

The Combined Daily Rate will be no lower than the minimum and no higher

than the Maximum Base Tariff Rate and remains applicable no matter which

receipt and delivery locations are used by Shipper or by Replacement

Shipper(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 sections 25.3

and 25.4 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.