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BISON PIPELINE LLC CAPACITY RELEASE BID AGREEMENT This Capacity Release Bid Agreement is made and entered into as of, 20, by and between BISON PIPELINE LLC, hereinafter referred to as Company “,
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How to fill out this capacity release bid
How to fill out this capacity release bid:
01
Start by obtaining a copy of the capacity release bid form. This can usually be found on the website or through the customer service department of the entity running the capacity release program.
02
Read through the instructions provided with the form carefully. These instructions will guide you on how to correctly complete each section of the bid.
03
Begin by providing your personal information in the designated fields. This may include your name, contact details, and any relevant identification numbers.
04
Next, specify the capacity that you are seeking to release. This could be a certain volume of gas, electricity, or any other resource that the program deals with.
05
Indicate the duration of the release. This could be a specific date or a term period.
06
Determine the terms and conditions under which you are willing to release the capacity. This may involve factors such as the price, payment terms, and any additional requirements you may have.
07
Sign and date the bid form once you have completed all the necessary information.
08
Submit the bid form as instructed. This may involve mailing it, submitting it online, or hand-delivering it to the designated office.
09
Keep a copy of the completed bid form for your records.
Who needs this capacity release bid:
01
Suppliers or producers of resources such as gas, electricity, or other commodities may need to fill out a capacity release bid to release any excess capacity they have available for sale.
02
Customers or end-users who are looking to acquire additional capacity may also need to fill out a capacity release bid to express their interest in purchasing the available capacity.
03
Energy brokers or intermediaries may also need to complete a capacity release bid on behalf of their clients who are seeking to buy or sell capacity in the market.
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What is this capacity release bid?
This capacity release bid is a process by which a natural gas shipper releases part or all of its firm pipeline transportation capacity to another shipper.
Who is required to file this capacity release bid?
The shipper holding firm pipeline transportation capacity is required to file the capacity release bid.
How to fill out this capacity release bid?
The shipper can fill out the capacity release bid form provided by the pipeline operator and submit it according to the guidelines.
What is the purpose of this capacity release bid?
The purpose of the capacity release bid is to allow for the transfer of firm pipeline transportation capacity between shippers.
What information must be reported on this capacity release bid?
The capacity release bid must include details such as the quantity of capacity being released, the duration of the release, and the terms and conditions.
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