SUBJECT: SOLICITING COMPETING ELECTRONIC 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 ELECTONRICALLY.
Please call Gil @ 346-228-4168 or Jordan McDonough @ 832-374-9513 if you have any questions. Time deadlines will be electronically monitored and implemented.
PACKAGE 61-1
REQUEST #24352
RECEIPT DELIVERY TOTAL INITIAL PRIMARY PREARRANGED
POINT POINT DTH/D CONTRACT TERM OFFER___
Stanfield Ignacio Delivery 20,500 11/01/2023 – 03/31/2024 Yes
Min. Acceptable Bid: $.30, plus applicable surcharges
Min. Acceptable Bid Vol: 1 Dth/d
Max. Acceptable Bid Vol: 20,500 Dth/d
Bid Open Date: 09/19/2023 (10:45 am Mountain Time)
Bid Close Date: 09/20/2023 (10:45 am Mountain Time)
PA Match Deadline: 09/20/2023 (12:45 am Mountain Time)
Award Deadline: 09/20/2023 (12:50 am Mountain Time)
Evergreen: No (Per PA request)
Extension and Segmentation Opportunity
Within three days of being awarded the capacity, the winning bidder(s)
will be given the opportunity to extend the term of the awarded contract at its existing rates for a minimum of 7 months. Upon extending the contract, the parties agree to execute the following segmentations, pursuant to Section 25.5(c) of the General Terms and Conditions of Northwest’s Tariff, for up to the full Contract Demand awarded: Stanfield Receipt to Western Market Center Delivery up to 20,500; Western Market Center Receipt to Crossover 16 Delivery up to 20,500; Overthrust Receipt to Clay Basin Delivery up to 20,500; Clay Basin Receipt to Chevron Rangely Delivery up to 20,268; and North Douglas Receipt to Ignacio Delivery up to 20,500.
PROCEDURE FOR BIDDING AND AWARDING THE POSTED CAPACITY
Northwest will only accept electronic bids for the posted package of available Northwest capacity from credit worthy shippers. Any duplicate bids will be discarded. Electronic receipt time stamp will be used to determine timely arrival. Bids will be accepted for primary contract term, subject to available capacity. A bidder who withdraws its bid may not submit another bid with a lower economic value. A bidder may not submit multiple bids for the same capacity.
Awarding Capacity
Northwest will award bids based on the greatest
economic value on a per dekatherm basis, subject to the prearranged
shipper’s one-time right to match the primary term end date per dekatherm of competitive bid(s).
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.
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. 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.
5. 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.