Northwest Pipeline LLC Notice Detail

Northwest Pipeline LLC

NOTICE # 20-058
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:

TO: ALL SHIPPERS –

FROM: Marvin Stevens 713-215-6145

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:
1. The daily index price for Kern River Opal Midpoint Price, as
2. published by Platts Gas Daily;
3. Minusthe daily index price for El Paso Bondad Midpoint
4. price, as published by Platts Gas Daily; and
5. Minusthe TF-1 base tariff volumetric rate;
6. 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;
7. Minusthe fixed reservation rate.
8. 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.