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DATE: December 28, 2017 TIME: 10:30 A.M.
TO: ALL ANR PIPELINE COMPANY CUSTOMERS
RE: AVAILABLE FIRM TRANSPORTATION CAPACITY (Open Season #226)
ANR Pipeline Company ("ANR") is initiating an open season for the following firm capacity:
ANR ML3 to ML7 - Willow Run
For availability beginning January 1, 2018 to March 31, 2018 ANR has 24,000-Dth/d of firm primary capacity from ANR-Rex Shelbyville #742252, ANR Westrick #513105, or any other ML3 receipt point to Willow Run #42078 (Michcon) .
Receipt and delivery points are subject to available meter capacity.
Available Primary Receipt Point:
Meter # 742252 - Rex Shelbyville
Meter # 513105 - Westrick (Rover)
Other ML3 receipts upon request
Available Primary Delivery Point(s):
Meter # 42078 Willow Run (Michcon)
Minimum Acceptable Bids
The minimum bid term is January 1, 2018 - March 31, 2018. Shippers may bid for a term extending beyond March 31, 2018 provided the additional term is added in consecutive seasonal increments.
The minimum acceptable reservation rate for this offer is undisclosed. ANR will consider discounts, but reserves the right to reject any bid that is less than the maximum tariff rate. If capacity is awarded, it will be awarded based on the highest Net Present Value per unit of MDQ (NPV). ANR reserves the right to accept the combination of bids that creates the highest overall NPV.
Secondary Receipt/Delivery Points:
If capacity is awarded at a discounted demand rate, the resulting transportation contract(s) will include all secondary receipt and delivery points at the same discounted rate as the primary path for all zones traversed.
ANR will be holding this open season in accordance with Part 6.2.10 (h) of the General Terms and Conditions of its FERC Gas Tariff, commencing at 10:30 a.m. CST Thursday, December 28, 2017 and ending at 10:30 a.m. CST Friday, December, 29 2017. Winning bidders will be notified no later than 12:00 p.m. CST Friday, December 29, 2017. Pursuant to ANR's tariff, all requests for service for the capacity available above will be treated under this open season. All bids submitted during the open season may be withdrawn and/or replaced with an equal or higher rate bid during the open season period. Bids cannot be replaced with lower rate bids.
Other Terms and Conditions
This open season is for the capacity available for the receipt and delivery point combination/path(s) specified above. As such, ANR reserves the right to reject any bid that does not specify the path(s) posted above. ANR reserves the right to reject bids which do not meet the minimum term stated above. ANR reserves the right to reject bids with deviations in monthly MDQ's. ANR reserves the right to reject discounted bids. ANR reserves the right to reject bids for rate schedules other than FTS-1. ANR reserves the right to reject negotiated rate bids. ANR reserves the right to reject any request that is incomplete, contains modifications to the terms bid form(s), or conflicts with ANR's FERC Gas Tariff. ANR reserves the right to clarify bids. ANR reserves the right to reject contingent bids. Available capacity volumes are contingent upon mainline, meter and lateral capacity. ANR has the right to award capacity to a mutually agreed-upon alternate receipt or delivery point if capacity is unavailable at the meter(s) specified in the bid. This open season is subject to ANR's FERC Gas Tariff and to all applicable laws, orders, rules, and regulations of authorities having jurisdiction.
BID EVALUATION
Upon completion of this open season, all remaining bids will be considered binding until a successful bid(s) has been awarded. All final bids received during the open season will be evaluated on a Net Present Value per unit of MDQ (NPV) basis using the factors below.
NPV= En [R*(1 / (1+i)^n)]/MDQ
En = Summation of months 1 through n (Sigma)
n = term in months
MDQ = Contract MDQ
R = Incremental monthly revenue of all services/paths in bid
i = Monthly Discount Factor (current FERC quarterly rate) this rate can be found at
https://www.ferc.gov/enforcement/acct-matts/interest-rates.asp These factors will be weighted equally.
Awards shall be made to the bids with the highest NPV. If more than one bid has the same NPV and requests for service exceed available capacity offered in this Open Season, then the capacity shall be awarded pro rata to shippers with matching NPV bids. In the event of a tie, parties interested in this capacity may specify an acceptable minimum prorated MDQ.
Parties interested in this capacity should submit a binding bid via email by sending their requests to adam_lakhani@transcanada.com. For further information please contact your designated Account Manager or one of the Account Managers listed below.
Hopper, Bruce 262-792-5403
Junek, Dan 832-320-5825
Lakhani, Adam 832-320-5559
Lozano, Lonnie 832-320-5679
Sowa, Amy 832-320-5374
Open Season # 226
Binding Bid Form
Firm Transportation Service
Company Name:
Service Commencement Date:
January 1, 2018
Service End Date Requested: March 31, 2018
Transportation Quantity MDQ (Dth/d) (must be uniform monthly):
Primary Receipt Point Name:
Primary Receipt Location ID Number:
Primary Delivery Point Name:
Primary Delivery Location ID:
Rate Schedule Requested: FTS-1
Circle desired rate election:
Recourse rate (tariff)
If discounted rate elected above Discounted rate
Transportation Reservation Rate Bid:
Minimum Acceptable Prorated MDQ Volume:
Signed:
By:
Title:
Comments:
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