NASEB Timeline for Posting

Non-Biddable/Biddable Rules

How to Build an Offer (Transportation)

How to Build an Offer (Storage)

How to Bid on an Offer

How to Process Recalls and Reputs

NAESB 1.5 Timeline for Posting (CCT)

Non-Biddable/Biddable Rules

Non-Biddable Capacity Releases

• Release term is =31 days at ANY rate, OR
• Release is MAX Rate for ANY release term, OR
• Release must NOT be a Rollover, AND
• Release must be transmitted by 9 a.m. the day nominations are due.

Biddable Capacity Releases

• Release term is >31 days at less than Max Rate, OR
• Release is a Rollover-defined as releasing the same or overlapping capacity to the same party within 28 days of the end of a previous release. (i.e. non-biddable release from Party A to Party B ends on 3/31/2000, Party A cannot release same or overlapping capacity to Party B until 4/29/2000, UNLESS release is at MAX rate, in which case the 28-day rule does not apply.)
• Long-Term Release is = 1 year.
• Bidding MUST open no later than 12 p.m. (CST), 3 business days prior to the nomination deadline.
• Bidding MUST close at 1 p.m. (CST), 1 business day prior to the nomination deadline.
• Short-Term Release is < 1 year.
• Bidding MUST open no later than 12 p.m. (CST), 1 business day prior to the nomination deadline.
• Bidding MUST close at 1 p.m. (CST), 1 business day prior to the nomination deadline.

Navigation

Navigate to the Capacity Release application and click the + (plus sign) to view the expanded contents of the application. Click the + (plus sign) next to the Offer folder; then double-click the Offer List Browser sub-folder to display previously created offers. These existing offers can be sorted and filtered according to predefined search criteria (i.e., TSP, Internal Quick Filter, My Offers, Current Offers, etc.) or by selecting Sort or Filter then selecting the search criteria.

NOTE: Capacity Release rights are determined by your PASSKEY ID.

How To Create A New Release

Click the New button at the bottom of the screen, or select New from the Processing Functions drop-down menu to display the Offer Details screen. The Release Request, Contacts, Dates, Quantities, Rates, Terms and Summary tabs appear.

NOTE: Anytime during the create process, you may navigate to any of the screen tabs to review or edit data entered by selecting the Return button or by clicking the respective tab. Data entered on previous screens affects other screens, and any edits may cause subsequent data to change.

Additionally, you may elect to Save Work in Progress prior to Submit at any point to save information in a Pending status without any validations to data entered. Or you may select to Validate prior to Submit—the system will return validation messages according to the data entered.

Release Request Tab

1. Select the correct release type from the Prearranged/Biddable box.
2. Select the contract to be released by entering the contract number in the Releaser Contract number field or by using the Releaser Contract Number Lookup to query the contracts that the user has the rights to release. Highlight the appropriate contract and click Accept.
3. Select Continue to move to the next tab.

Contacts Tab

1. Enter the Releaser’s name and phone number or select a name from the Contact drop-down menu, which automatically populates all other releaser information.
   NOTE: The fax number and email address fields are optional.
2. If the release type is Prearranged Biddable or Prearranged Non-biddable, enter the bidder information. Bidder information must be in the Corporate Data table. Use the Bidder Lookup to find the Bidder Name. Highlight the Bidder Name and click Accept. The Prearranged Bidder contact information is automatically populated.
   NOTE: The Bidder Lookup screen is automatically sorted by the Bidder DUNS number. Click on the Bidder Name column heading in the grid to sort bidder names alphabetically.
3. Select Continue to move to the next tab.

Dates Tab

1. Enter the Release Term Start Date, Release Term End Date, as well as the Bid Period Start Date/Time, Bid Period End Date/Time (if applicable).
   NOTE: The Bid period must conform to NAESB standards. Select Permanent Release (if applicable). This will populate the Release Term End Date as the Contract Effective Thru Date.
2. Select the Requested Posting Date and Time (optional). The system will display expected Award Date and Time and Match Date/Time, if applicable, based on the data entered.
3. Select Shorter Term (disclosed or undisclosed), if applicable, and enter the Minimum Term Days.
4. Select Continue.

Quantities Tab

1. Click the K Location Lookup button and highlight the appropriate receipt and delivery meter(s). Click Accept.
   NOTE: To select more than one meter at a time, hold down the Ctrl key while clicking the meter row(s). Location information will be determined by type of contract and rights defined by the contract.
2. Scroll to the right on the meter grid, change the Offer Qty by highlighting the Offer Qty field and enter the desired release quantity.
   NOTE: The Max Offer Qty and Bid Qty, if applicable, will automatically populate based on the grid quantities entered. If Prearranged, all applicable Bid Quantities default to equal the Offer Quantities.
3. The Capacity Type will automatically default per the contract rights; however, you may change the Capacity Type (primary, secondary, or tertiary) at the location as applicable to the release—this will be validated by the system.
4. If Lesser Quantity is selected, the Minimum Quantity must be entered.
   NOTE: You may select Validate Locations from the Processing Functions menu. The system validates the meters and quantities on the release (optional).
5. Select Continue.

For Sculpted TQ Contracts:

1. Click the K Location Lookup button. The system will display available meter quantities for the months of the selected release term only. Loc Qty Type represents the monthly volume at each meter (i.e., Loc Qty Type of DQL02 represents month 2, or February volumes.)
2. Select one (1) Loc Qty Type for each meter you wish to release; then click Accept.
3. Scroll to the right on the meter grid and change the Offer Qty by highlighting the Offer Qty field and entering the desired release quantity.
   NOTE: The Max Offer Qty and Bid Qty, if applicable, will automatically populate based on the grid quantities entered.
4. Click the Fill Sculpted button to populate all Loc Qty types that apply to the selected meters for the release term.
   NOTE: If the meters have different quantities for the various months of the release, the most you can release from each meter, as a single capacity release contract, is the minimum volume available at a single meter during the term of the release. If the monthly quantity to be released changes, you must create multiple capacity release contracts.
5. If the release is biddable, and Lesser Qty is selected, the Minimum Quantity must be entered.
6. Select Continue.

Rates Tab

1. Select the Rate Form/Type and Bidding Basis.
2. The Max Rate (Resv) and (Vol) is displayed based upon the specified Receipt and Delivery locations.
3. For Prearranged deals, if the Rate Form/Type is Reservation and the Bidding Basis is:
   
   
   1. Absolute, enter a Rate Bid (monthly).
   2. Percentage, enter a % Max Rate Bid.
   
   
4. If Biddable and the Lesser Rate is Yes, the Rate Bid/% Max Rate Bid is set to the Min Rate/Min % Max Rate, but can be changed by the customer as long as the Rate Bid/% Max Rate Bid is greater than the minimum rate.
5. If Lesser Rate is No, the prearranged bid (either Rate Bid or % Max Rate Bid) will default to the applicable max rate.
6. If Prearranged Non-Biddable, the Rate Bid is set to Max Rate ((Resv) or (Vol), as applicable) for the prearranged bid, but can be modified by the customer if the release is 31 days or less and not a rollover.
7. If Rate Form/Type is Volumetric and the Bidding Basis is:
   
   
   1. Absolute, enter a Rate Bid (daily).
   2. Percentage, enter a % Max Rate Bid.
   
   NOTE: If Volumetric, enter a Minimum Acceptable Volumetric Commitment (denominated in either quantity or percent), if applicable.
8. Select Continue.

Terms Tab

1. Enter the Special Terms (optional); this requires contracts to be manually approved.
2. Previously Released and Allow Re-release are populated by the system. Select the Recall/Reput Terms. The system defaults to No recall, No reput.
   NOTE: If any other option is chosen, the system will default standard Recall/Reput text; however, the customer may add additional text.
3. The Stand Alone Indicator defaults to Yes. If changed to No, text must be entered.
4. If release is biddable, the customer may change Contingency Bidding to Yes. If so, enter the Contingency text.
5. If release is biddable, the customer may select the appropriate Bid Evaluation Method. The default is Present value. Enter method if Other is selected.
6. If release is biddable, the Bid Tie-Breaking Method may be changed from the default, Pipeline Tariff. If so, enter the Bid Tie-Breaking Method text.
7. Select Continue.

Summary Tab

Click on the Submit button to post Offer information.

NOTE: The Summary tab displays information entered on the previous tabs and is not editable. To edit, the customer must return to the appropriate tab.

How To Copy An Existing Offer

1. Select an offer from the Offer List Browser by highlighting the row of the offer.
2. Double-click on the row to view the Offer Summary Information, or select Copy from the Offer List Browser screen. The system creates a new offer, which contains all copied offer information except the bid information.
   NOTE: All fields are editable on any of the data entry tabs except Releaser Contract Number.
3. At any time, you can click Save Work in Progress. After completing the data entry, click Submit for posting.

Navigation

Navigate to the Capacity Release application and click the + (plus sign) to view the expanded contents of the application. Click the + (plus sign) next to the Offer folder; then double-click the Offer List Browser sub-folder to display previously created offers. These existing offers can be sorted and filtered according to predefined search criteria (i.e., TSP, Internal Quick Filter, My Offers, Current Offers, etc.) or by selecting Sort or Filter then selecting the search criteria.

NOTE: Capacity Release rights are determined by your PASSKEY ID.

How To Create A New Release

1. Click the New button at the bottom of the screen, or select New from the Processing Functions drop-down menu to display the Offer Details screen. The Release Request, Contacts, Dates, Quantities, Rates, Terms and Summary tabs appear.
   NOTE: Anytime during the create process, you may navigate to any of the screen tabs to review or edit data entered by selecting the Return button or by clicking the respective tab. Data entered on previous screens affects other screens, and any edits may cause subsequent data to change.
2. Additionally, you may elect to Save Work in Progress prior to Submit at any point to save information in a Pending status without any validations to data entered. Or you may select to Validate prior to Submit—the system will return validation messages according to the data entered.

Release Request Tab

1. Select the correct release type from the Prearranged/Biddable box.
2. Select the contract to be released by entering the contract number in the Releaser Contract Number field or by using the Releaser Contract Number Lookup to query the contracts that the user has the rights to release. Highlight the appropriate contract and click Accept.
3. Select Continue to move to the next tab.

Contacts Tab

1. Enter the Releaser’s name and phone number or select a name from the Contact drop-down menu, which automatically populates all other releaser information.
   NOTE: The fax number and email address fields are optional.
2. If the release type is Prearranged Biddable or Prearranged Non-biddable, enter the bidder information. Bidder information must be in the Corporate Data table. Use the Bidder Lookup to find the Bidder Name. Highlight the Bidder Name and click Accept. The Prearranged Bidder contact information is automatically populated.
   NOTE: The Bidder Lookup screen is automatically sorted by the Bidder DUNS number. Click on the Bidder Name column heading in the grid to sort bidder names alphabetically.
3. Select Continue to move to the next tab.

Dates Tab

1. Enter the Release Term Start Date, Release Term End Date, as well as the Bid Period Start Date/Time, Bid Period End Date/Time (if applicable).
   NOTE: The Bid period must conform to NAESEB standards. Select Permanent Release (if applicable). This will populate the Release Term End Date as the Contract Effective Thru Date.
2. Select the Requested Posting Date and Time (optional). The system will display expected Award Date and Time and Match Date/Time, if applicable, based on the data entered.
3. Select Shorter Term (disclosed or undisclosed), if applicable, and enter the Minimum Term Days.
4. Select Continue.

Quantities Tab

1. Select the appropriate Loc/Qty Type from the drop-down menu. The location information will be system populated for the injection and withdrawal locations on the release contract.
   
   NOTE: When releasing one or more storage components (i.e., Space, Deliverability), customers should be aware of the following:
   
   
   1. After the release, the releasing shipper contract must still meet the Tariff ratio requirements (MDQW [deliverability] must be equal to between 1/30th and 1/365th of the MSQ (space): MDI [injections] must equal 1/150th of the MSQ), or the contract will be invalid for nominating purposes. The releasing shipper will be invoiced for Space and/or Deliverability, per the Tariff.
   2. If only MDQW or MSQ is released, the resulting replacement shipper contract will be invalid for nominating purposes unless rolled-up into either an existing storage contract or with other individual storage components to create a valid contract. The resulting rolled-up contract must meet the Tariff ratio requirements in (a) or it will be considered invalid for nominating purposes. The replacement shipper will be invoiced on the invalid component or rolled-up contracts for Space and/or Deliverability, per the Tariff.
2. If the Loc/Qty Type includes Storage, the customer must specify Max Offer Qty (MSQ). The system will populate Bid Qty (MSQ), if applicable, which is not editable. Based on the MSQ, the system calculates and populates the Offer Qty and Bid Qty (1/150th of MSQ) at the injection meter on the meter grid.
3. If the Loc/Qty Type includes Deliverability, the customer must specify the following quantities at the withdrawal meter on the meter grid (as applicable): ratchet 2 quantity (MDWQ), ratchet increment quantities RQ1 and RQ0. The sum of these Deliverability quantities must meet the Tariff requirements of being between 1/30th and 1/365th of the MSQ. This value will be populated by the system in the Max Offer Qty (MDW) field and Bid Qty (MDW) field, if applicable, and are not editable.
   NOTE: If you are not releasing RQ1 and RQ0 volumes, you must delete these rows in the meter grid by highlighting and clicking the X button.
4. If Lesser Qty (Yes or Yes but Undisclosed) is selected, the minimum quantity must be entered for the applicable quantity selected (e.g. MSQ and/or MDW).
   NOTE: If Prearranged, all applicable Bid Qty fields default to Offer Qty. If not Prearranged, Bid Qty fields do not apply.
   NOTE: You may select Validate Locations from the Processing Functions drop-down menu. The system validates the meters and quantities on the release.
5. Select Continue.

Rates Tab

NOTE: The Max Rate (Strg) and Max Rate (Deliv), if applicable, are displayed based upon specified storage field locations and are not editable.

1. The system populates Rate Form/Type as Reservation, and is not editable for Storage releases.
2. Choose either Absolute or Percentage as a Bidding Basis.
3. For Prearranged deals, if Bidding Basis is:
   
   
   1. Absolute, then enter a Rate Bid (Strg) and/or Rate Bid (Deliv), as applicable.
   2. Percentage, then enter a % Max Rate Bid (Strg) and/or % Max Rate Bid (Deliv), as applicable.
   
   
4. If Biddable and Lesser Rate is Yes or Yes but Undisclosed, the Min Rate (Strg) and/or Min Rate (Deliv), as applicable, must be entered.
5. If Prearranged Non-biddable the Rate Bid / % Rate Bid (Strg) and/or (Deliv), as applicable, are set to the Max Rate (Strg) and/or Max Rate (Deliv), as applicable, but can be changed by the customer if the release is 31 days or less and not a rollover.
   NOTE: Lesser Rate does not appear on the screen in this case as the system assumes it is No.
6. If Prearranged Biddable and Lesser Rate is Yes or Yes but Undisclosed, the Rate Bid/% Rate Bid (Strg) and/or (Deliv), as applicable, are set to the Min Rate/Min % Max Rate, (Strg) and/or (Deliv), as applicable, but can be changed by the customer as long as Rate Bid/% Rate Bid (Strg) and/or (Deliv) are greater than Min Rate/Min % Max Rate, (Strg) and/or (Deliv).
7. If Lesser Rate is No, then the Rate Bid is set to Max Rate and is not editable.
8. Select Continue.

Terms Tab

1. Enter the Special Terms (optional); this requires contracts to be manually approved.
2. Previously Released and Allow Re-release are populated by the system. Select the Recall/Reput Terms. The system defaults to No recall, No reput.
   NOTE: If any other option is chosen, the system will default standard Recall/Reput text; however, the customer may add additional text.
3. The Stand Alone Indicator defaults to Yes. If changed to No, text must be entered.
4. If release is biddable, the customer may change Contingency Bidding to Yes. If so, enter the Contingency text.
5. If release is biddable, the customer may select the appropriate Bid Evaluation Method. The default is Present value. Enter method if Other is selected.
6. If release is biddable, the Bid Tie-Breaking Method may be changed from the default, Pipeline Tariff. If so, enter the Bid Tie-Breaking Method text.
7. Select Continue.

Summary Tab

Click on the Submit button to post Offer information.

NOTE: The Summary tab displays information entered on the previous tabs and is not editable. To edit, the customer must return to the appropriate tab.

How To Copy An Existing Offer

1. Select an offer from the Offer List Browser by highlighting the row of the offer.
2. Double-click on the row to view the Offer Summary Information, or select Copy from the Offer List Browser screen. The system creates a new offer, which contains all copied offer information except the bid information.
   NOTE: All fields are editable on any of the data entry tabs except Releaser Contract Number.
3. At any time, you can click Save Work in Progress. After completing the data entry, click Submit for posting.

Navigation

Navigate to the Capacity Release application and click the + (plus sign) to view the expanded contents of the application. There are two ways to reach the Bid List Browser screen: (A) Click the + (plus sign) next to the Offer folder; then double-click the Offer List Browser sub-folder to display the Offer List Browser screen. (B) Click the + (plus sign) next to the Bids folder; then double-click the Bid List Browser sub-folder to display the Bid List Browser screen.

How To Bid On An Offer

A.  Via the Offer List Browser

1. In the header, change the default sort from My Posted Offers/Current Offers to All Posted Offers/Current Offers by clicking on All Posted Offers. Click the Retrieve button to view all offers currently posted for bidding. Select the Offer you wish to bid on by highlighting the appropriate row in the grid.
   NOTE: At this point, you can double click the row or click on the Details button to view specific offer details prior to bidding, if necessary.
2. From either the Offer List Browser screen or the Offer Details Summary tab, click on Options; then select View Bids in the header. The system will open the Bid List Browser screen with the selected Offer Number populated in the Search Criteria section. Any current Bids for the selected Offer will be shown in the grid.
3. Click the New button. The Bid Details screen appears with the majority of the fields already populated from the Offer.

B.  Via the Bid List Browser

1. Enter the Offer Number, if known, and click Retrieve. Otherwise, click the down arrow to use the Offer Lookup screen. Enter either the Rel K# or the Releaser Name and click the Retrieve button. Highlight the appropriate Offer for bid; then click Accept. The Bid List Browser screen appears with the Offer highlighted.
2. Click the New button. The Bid Details screen appears with the majority of the fields already populated from the Offer.

Identifying Information Section

1. Use the Bidder Lookup to find the legal company name. Highlight the correct name and click the Accept button to select.
2. Enter the Contact Name, Phone number, Fax number and Email (optional) of the company selected.

Quantities and Rates Section

1. Go to the Bid Qty column in the meter grid and enter the quantity you wish to bid on (you must bid on at least one Receipt and one Delivery meter). The system will populate the quantities entered into the Bid Qty field(s).
2. If Bidder Lesser Qty is an option in the Offer, the field can be edited to Yes using the down arrow; otherwise, the system defaults to No and is not editable. By changing Bidder Lesser Qty to Yes, the Bidder is indicating that it will accept a lesser awarded quantity than what it indicated under Bid Qty in the meter grid; the bidder must enter a Bid Min Qty if this option is selected.
3. Enter Bid Rate or Bid Rate % (must be greater than or equal to the Min Rate or Min Rate %) as applicable:
   
   
   • If the Rate Form/Type is Volumetric and the Bidding Basis is Percentage of Max; then enter the Daily Bid Rate %.
   • If the Rate Form/Type is Volumetric and the Bidding Basis is Absolute; then enter the Daily Bid Rate.
   • If the Rate Form/Type is Reservation and the Bidding Basis is Percentage of Max; then enter the Monthly Bid Rate %.
   • If the Rate Form/Type is Reservation and the Bidding Basis is Absolute; then enter the Monthly Bid Rate.

Terms Section

1. You may enter or change any one or all of the following, as applicable:
   
   
   • Special Terms may be entered if required; however, Tennessee Gas Pipeline cannot accept Special Terms that cannot be enforced.
   • Stand Alone defaults to Y (yes). If you change this field to N (no), then you must enter text describing the terms that make the bid not stand alone.
   • Contingency defaults to N (no). If you change to Y (yes), then you must enter text describing the terms of the bid contingency.
2. Click the Validate button. Any errors or problems with the validation of the bid will be identified at this time. You must correct any errors prior to submission.
3. Click the Submit button. The Bid Status in the Identifying Information section should be updated to Submitted, and you will receive a message indicating a successful submission. If there are problems with the submission, the Bid Status will remain Pending and a listing of errors will appear.

How To View A Bid On A Current Offer

1. Navigate to the Bid List Browser screen and follow Step 1 (Bid on an Offer) to populate the Offer Numbers of the bids to be viewed. Once the Offer Number has been entered, any bids that exist for that Offer Number will be shown in the grid.
2. To view the Details of a particular Bid: highlight the bid row and click the Details button to populate the Bid Details screen with the Bid information.
3. To return to the Bid List Browser, click the X in the top right corner of the Bid Details screen. Highlight other bids to view, or click the Clear button to view a different Offer Number.

How To Match A Bid On A Current Offer

1. Navigate to the Bid List Browser screen and follow Step 1 (Bid on an Offer) to populate the Offer Numbers of the bids to be viewed. Once the Offer Number has been entered, any bids that exist for that Offer Number will be shown in the grid.
2. Select Bid Number 1 in the grid and click the Copy button.
3. Click Details or double-click the row of Bid Number 1 in the grid to display the Bid Details screen.
4. Enter the appropriate rate (as communicated by Tennessee Gas Pipeline) in the Bid Rate or Bid Rate % field, as applicable.
5. Click the Submit button. The Bid Status in the Identifying Information section should be updated to Submitted, and you will receive a message indicating a successful submission. If there are problems with the submission, the Bid Status will remain Pending and a listing of errors will appear.

Introduction

A releasing shipper can recall all or a portion of the volume released or reput all or a portion of the volume recalled. In PASSKEY 1.0, a releasing shipper cannot perform a partial recall or reput, a shipper must perform a total recall or a total reput.

I.  How To Process Recalls (Releasing Shipper)

To process a Recall, the Releasing Shipper should perform the following steps:

Navigation

Navigate to the Contracts application. Click the + (plus sign) next to the Recalls/Reputs folder; then the double-click the Recalls/Reputs sub-folder to display the Recalls/Reputs screen.

How To Process Recalls

1. On the Transportation Recall tab, select the contract amendment to be recalled by clicking on the desired row. Or filter by entering the contract number, if known.
2. Click the Transportation Recall button.
3. Enter the Recall Effective Date in the following format MM/DD/YYYY or click the down arrow to display a calendar. Select the appropriate date and the field is populated. Click the Retrieve button in the right corner of the screen.
4. To process a full recall, click the Full Recall button.
5. To process a partial recall, click the Partial Recall button. The screen displays the locations available for recall. Enter the volume to be recalled at each meter in the Recall Quantity column preceded by a negative sign (-).
6. Click the Save Changes button at the bottom of the screen.

How To Withdraw Recalls

1. To withdraw a recall that has not gone into effect, navigate to the Contracts application. Click the Recalls/Reputs folder; then double-click the Withdraw Recall Amendments sub-folder.
2. On the Recall Amendments tab, select the contract amendment to be withdrawn by clicking on the desired row. Or filter by entering the contract number, if known.
3. Click the Withdraw Recall button.
4. Click the Save Changes button at the bottom of the screen.

II.  How To Process Reputs (Releasing Shipper)

To process a Reput, the Releasing Shipper should perform the following steps:

Navigation

Navigate to the Contracts application. Click the + (plus sign) next to the Recalls/Reputs folder; then double-click the Recalls/Reputs sub-folder to display the Recalls/Reputs screen.

How To Process Reputs

1. On the Transportation Reput tab, select the contract amendment to reput by clicking on the desired row. Or filter by entering the contract number, if known.
2. Click the Transportation Reput button.
3. Type in the Reput Effective Date in the following format MM/DD/YYYY or click the down arrow to display a calendar. Select the appropriate date and the field becomes populated. Click the Retrieve button in the right corner of the screen.
4. Click the Full Reput button to process a full reput.
5. Click the Partial Reput button to process a partial reput. The screen displays the meters available for reput. Enter the volume to be reput at each meter in the Reput Quantity column.
6. Click the Save Changes button at the bottom of the screen.

Navigation

To withdraw a Reput that has not gone into effect, navigate to the Contracts application. Click the + (plus sign) next to the Recalls/Reputs folder; then double-click the Withdraw Recall/Reput Amendments sub-folder.

How To Withdraw Reputs

1. On the Reput Amendments tab, select the contract amendment reput to be withdrawn by clicking on the desired row. Or filter by entering the contract number, if known.
2. Click the Withdraw Reput button.

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