text_combined: transwestern expansion proprietary michelle thanks sending quickly couple questions 1 discount rate using calculate npv open season 2 affiliate company also place bid volume available needles 3 right first refusal work example spoke earlier think used example 3 00 bid 1 year getting equal value 30 bid 10 years adjusted npv course winning party got rofr let say 1 year bid end year rofr calculated 3 00 value shipper holds transport based current market conditions let say market value collapsed market views capacity worth 28 dth current shipper willing match rate mean retain capacity term whatever market bids piece set time years holder capacity match regardless bidder bids hope example makes sense please give call discuss 303 252 6224 thanks help terri dickerson lokay michelle 04 17 01 12 09 pm transwestern pipeline company red rock expansion october 30 2000 november 17 2000 transwestern posted notice open season result response open season transwestern filed ferc authority expand mainline 150 000 mmbtu proposed service date june 2002 project known red rock expansion transwestern continuing solicit bids open season respondents well interested parties interested parties submit bids conforming criteria listed deadline bidding friday april 20 2001 5 00 p cdt questions need information please contact lorraine lindberg 713 853 5403 marketing representative volume 150 000 dth day points delivery receipt primary receipt points east thoreau primary delivery points topock lateral capacity 92 000 mmbtu available point capacity pge topock poi 56698 126 000 mmbtu mojave topock poi 56696 280 000 mmbtu calpine southpoint poi 78113 76 000 mmbtu delivery points southwest gas poi 78003 86 000 mmbtu citizens griffith poi 78069 120 000 mmbtu subject availability additional delivery point capacity socal needles poi 10487 50 000 mmbtu awarding capacity 1 written offers must include material terms rate term points quantity shipper indicate whether accept partial volume event allocation necessary 2 shippers binding bids must accompanied valid request gas transportation service form 3 shippers submitting bids containing terms conditions unacceptable transwestern shall accepted 4 total volume bids received transwestern exceeds capacity proposed expansion transwestern award capacity based highest net present value bid calculated consistent net present value provisions transwestern tariff 5 event tie capacity shall awarded pro rata basis 6 transwestern reserves right reject bid less maximum tariff rate bid would cause red rock expansion uneconomic