TSP Name: Northwest Pipeline LLC TSP: 67977322
Critical: N
Notice Stat Desc: INITIATE
Notice Type Desc: TSP CAPACITY OFFERING
Post D/T: 07/20/2022 10:44 AM MCT
Notice Eff D/T: 07/20/2022 10:44 AM MCT
Notice End D/T:
Reqrd Rsp Desc: No response required
Rsp D/T:
Notice ID: 22-108
Prior Notice:
Subject: Soliciting Email Bids for Long Term Firm Capacity
Notice Text:
To: ALL SHIPPERS
From: Alexis Ortiz (713) 215-4753 alexis.ortiz@williams.com
Marvin Stevens (713) 215-6145 marvin.l.stevens@williams.com
Subject: SOLICITING COMPETING EMAIL BIDS FOR FIRM TF-1
NORTHWEST CAPACITY
Northwest has posted the following package of available firm TF-1 Large Customer 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 Alexis Ortiz @ (713)-215-4753 or Marvin Stevens @ (713)-215-6145 if you have any questions. Time deadlines will be electronically monitored and implemented.
PACKAGE 59-1
Email OFFER #22-107
RECEIPT DELIVERY TOTAL INITIAL PRIMARY PREARRANGED
POINT POINT DTH/D CONTRACT TERM OFFER______
Collins Gulch (up to 22,000) Kern River 108,000 11/01/2022 – 03/31/2024 No
Wild Horse (up to 86,000)*
Min. Acceptable Bid Rate: Undisclosed Minimum pursuant to GT&C Section 25.4
Min. Acceptable Bid Vol: 1,000 Dth/d
Max. Acceptable Bid Vol: 108,000 Dth/d
Bid Open Date: 07/20/2022 (1:00 pm Mountain Time)
Bid Close Date: 07/26/2022 (1:00 pm Mountain Time)
PA Match Deadline: N/A
Award Deadline: 07/28/2022 (12:00 pm Mountain Time)
Evergreen: Yes – Not to exceed March 31, 2024
*Northwest has determined there is sufficient mainline capacity to extend the receipt point from Wild Horse to the Ignacio/La Plata TW area. By extending the receipt point, Northwest will not be adversely
impacting operations or diminishing service to existing primary firm shippers.
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.
Awarding Capacity
Northwest will only accept email bids for the posted package of available Northwest capacity from creditworthy shippers. Any duplicate bids will be discarded.
The posted capacity will be awarded to the shipper’s bid with the greatest economic value.
Northwest will determine the winning bid based on the total net present value of the reservation charge bid within (2) two business days of the close of the bidding period. The net present value will be computed based on the
reservation revenues to be received over the term of the Service Agreement, using the discounted cash flow rate of return methodology.
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.
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 (GT&C) Section 25 of Northwest’s Tariff
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.
NORTHWEST PIPELINE EMAIL BID FORM
_______________________
(Date)
_______________________________________
_______________________________________
_______________________________________
(Company Name & Address)
Contact Name: ________________________________
Contact Phone Number: ________________________________
VIA Email – alexis.ortiz@williams.com or marvin.l.stevens@williams.com
Re: BID FOR AVAILABLE FIRM-TF-1 NORTHWEST CAPACITY
________________________ (“Shipper”) is requesting that Northwest Pipeline LLC (“Northwest”) consider the following bid for available firm TF-1 Large Customer capacity posted in All Shipper Notice 22-107 (the Posting) and as noted below. Shipper understands that the procedures outlined in the Posting will be utilized in accepting, evaluating, and awarding such bid.
This bid supersedes any bids previously submitted by Shipper if applicable.
Contract Demand (select one):
______ 108,000 Dth/d (or) _____ {__________} Dth/d
The minimum Contract Demand Shipper is willing to accept in the event
Northwest must allocate capacity: {____________}Dth/d
Reservation Charge (per Dth of CD) (select one):
______ Maximum Base Tariff Rate, plus applicable surcharges. Maximum rate bids for a term of one year or longer will require the following Exhibit B language.
“The capacity is only available on an interim basis therefore Shipper’s Right of First Refusal does not go beyond March 31, 2024.”
(or)
$______ Dth/d, plus applicable surcharges. A Shipper bid of less than the Maximum Base Tariff Rate will include the following discount conditions:
“The Discount Rate remains applicable no matter which receipt and delivery locations are used by Shipper or by Replacement Shipper(s).”
Primary Term Begin Date (select one):
_____ 11/01/2022
(or)
______ {______________} (no earlier than 11/01/2022)
Primary Term End Date (select one):
______ 3/31/2024
(or)
_______ {_____________} (no later than 3/31/2024)
Primary Receipt Point and MDQ (not to Exceed 108,000 Dth/d):
Ignacio Plant 86,000 Dth/d (or) {____________}Dth/d
Florida River 86,000 Dth/d (or) {____________}Dth/d
Wild Horse 86,000 Dth/d (or) {____________ }Dth/d
Collins Gulch 22,000 Dth/d (or) {____________ }Dth/d
*The aggregate volume between Ignacio Plant, Florida River and Wild Horse cannot exceed 86,000 Dth/d.
Primary Delivery Point (not to Exceed 108,000 Dth/d):
Kern River 108,000 Dth/d (or) {____________} Dth/d
Evergreen Provision: Yes. Not to exceed March 31, 20224
Sincerely,
______________________________
(Company Name)
_____________________________
(Authorized Person’s Name and Title)
_____________________________
(Signature and Date)
Affiliate of Northwest: Yes________ No_________
Accepted / Rejected by Northwest
Rejected Reason: __________________________________________
Date: _______________Name: __________________________
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 in the Posting and contained 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.