socalgas envoy ® backbone transportation service secondary ...€¦ · navigating open /...

SoCalGas Envoy ®

Backbone Transportation Service

Secondary Trading

2

Table of Contents Definitions of Offers ....................................................................................................................... 3

Open Offer .................................................................................................................................. 3

Prearranged Biddable Offer ........................................................................................................ 3

Prearranged Non Biddable Offer ................................................................................................ 3

Conditions on Open Offers ............................................................................................................. 3

Conditions on Prearranged Offers .................................................................................................. 3

Open Season Offer Types ............................................................................................................... 4

Summary Chart of Open Season Offer Types ............................................................................ 4

Backbone Transportation Service Secondary Trade Menu ............................................................ 5

Description .................................................................................................................................. 5

Navigating BTS Secondary Trade Menu .................................................................................... 5

Open / Prearranged Offers .............................................................................................................. 6

Description .................................................................................................................................. 6

Navigating Open / Prearranged Offers ....................................................................................... 6

View Offer Detail ................................................................................................................... 7

Submit Bid .............................................................................................................................. 8

Confirm Prearranged Offer ................................................................................................... 10

Match Prearranged Offer ...................................................................................................... 12

Post Offer to Sell Firm Rights ...................................................................................................... 13

Description ................................................................................................................................ 13

Navigating Open / Prearranged Offers ..................................................................................... 13

View Offer Details ................................................................................................................ 14

Post Offer .............................................................................................................................. 15

Withdraw Offer ..................................................................................................................... 18

My Bids Detail Summary ............................................................................................................. 19

Description ................................................................................................................................ 19


View Bid Detail .................................................................................................................... 20

Withdraw Bid ........................................................................................................................ 21

Awarded Contract ......................................................................................................................... 22

Description ................................................................................................................................ 22


SoCalGas Holidays ....................................................................................................................... 23

3

Definitions of Offers

Open Offer

An offer posted by a seller with no designated buyer.

Prearranged Biddable Offer

An offer posted by a seller with a pre-selected buyer. However, the seller allows additional bids

by other parties. The pre-selected buyer must confirm the offer and has the right to match any

greater bid submitted by other parties.

Prearranged Non Biddable Offer

An offer posted by a seller with a designated buyer, allowing no outside bids by other parties.

The offer must meet at least one of the following criteria: 1) term is equal to or less than 31 days

or 2) rate is greater than or equal to tariff rate. The designated buyer must confirm the offer.

Conditions on Open Offers

Only business days are counted for the Open Season and processing days. Weekends and

SoCalGas Holidays are not counted as business days. See section titled SoCalGas Holidays

for reference.

A calendar month includes the first through the last day of any month.

“Min Days” for the various Secondary Market processes may be increased at releaser’s

option. Care should be taken to allow enough time to post any lengthening of the time line.

Conditions on Prearranged Offers

For a term less than one month, a releaser may decide to accept less than maximum rate, but

full term and volume from a prearranged shipper.

A prearranged release at maximum tariff rate for any term does not require an Open Season.

A prearranged release at less than maximum rate for a period of 31 days or less may not be

rolled over or extended without an open season.

A releasing shipper has the option to hold an open season on a prearranged offer, if the rate is

less than maximum tariff rate.

A prearranged party is required to confirm the offer prior to awarding or holding an open

season. Releasing shipper must build time in the process for the prearranged shipper to

confirm.

4

Open Season Offer Types

Summary Chart of Open Season Offer Types

Open Offer

Biddable

< 1 Year

Open Offer

Biddable >= 1

Year

Prearranged

Biddable

< 1 Year

MATCH

REQUIRED

Prearranged

Biddable

>= 1 Year

MATCH

REQUIRED

Prearranged Non-

Biddable¹ (Only releases

whose rate is >= tariff rate or

whose term is 31 day or less may

be nonbiddable)

Minimum Open Season

1 day (as little

as one hour) 3 days

1 day (as little

as one hour) 3 days N/A

Step 1 Seller posts offer no later than

10 a.m. (2 days

prior to flow

date)

10 a.m. (5 days

before flow date)

10 a.m. (2

days prior to

flow date)

10 a.m. (5

days before

flow date)

8:30 a.m. (1 day prior to

flow date for Cycle 1)

3:00 p.m. (1 day prior to flow

date for Cycle 2)

Step 2 Buyer(s) bids no later than

11 a.m. (2 days

prior to flow

date)

11 a.m. (2 days

prior to flow date)

Step 3Prearranged buyer confirms no

later than

10 a.m. (2

days prior to

flow date)

10 a.m. (2

days prior to

flow date)

1 hour prior ro nomination

deadline for that cycle

Step 4 Open season begins

As soon as

seller posts offer

As soon as seller

posts offer

As soon as

prearranged

buyer

confirms offer

As soon as

prearranged

buyer confirms

offer N/A

Step 5 Open season ends at

11 a.m. (no later

than 2 days

before flow

date)

11 a.m. (no later

than 2 days before

flow date)

11 a.m. (no

later than 2

days before

flow date)

11 a.m. (no

later than 2

days before

flow date) N/A

Step 6 Bid evaluation begins at

11 a.m.

(immediately

after open

season ends)

11 a.m.

(immediately after

open season

ends)

11 a.m.

(immediately

after open

season ends)

11 a.m.

(immediately

after open

season ends) N/A

Step 7Bid evaluation ends no later

than 12 p.m. 12 p.m. 12 p.m. 12 p.m. N/A

Step 8

Pending Match or Award status

displayed to prearranged buyer

no later than N/A N/A 12 p.m. 12 p.m. N/A

Step 9Match response by prearranged

buyer no later than N/A N/A 12:30 p.m. 12:30 p.m. N/A

Step 10 Award posted no later than 12 p.m. 12 p.m. 1:00 p.m. 1:00 p.m.

Immediately after buyer

confirmation

Step 11 Contract issued no later than 1 p.m. 1 p.m. 2:00 p.m. 2:00 p.m.

Within 1 hour of award

posting

Time is Pacific Clock Time (PCT)

"Days" = Business days. Business days are Monday through Friday, and excludes Company holidays

Steps 5 through 10 occur on the same day

¹ There are only 2 conditions in which a seller may release under a prearranged nonbiddable scenario: (1) if the term is less than or

equal to (<=) 31 days, regardless of the rate; or (2) if the rate is greater than or equal to (>=) tariff rate, regardless of term.

Secondary Market Offer/Bid Deadlines (Cycle 1 Only for Open and Pre-arranged biddable offers)

Cycle 1 and 2 for Pre-arrangednon-biddable offers)

5

Backbone Transportation Service Secondary Trade Menu

Description

The Backbone Transportation Service Secondary Trade Menu (referred to hereinafter as BTS

Secondary Trade Menu) shown below contains four sub-menus: Open/Pre-Arranged Offers, Post

Offer to Sell Firm Rights, My Bids Detail Summary, and Awarded Contract. These sub-menus

are discussed in detail in the following sections.

Navigating BTS Secondary Trade Menu

Upon logging into Envoy, the user will land on the Envoy Home tab. Click on Start Menu, then

BTS Secondary Trade. This will open four sub-menus: Open/Pre-Arranged Offers, Post Offer to

Sell Firm Rights, My Bids Detail Summary, and Awarded Contract.

6

Open / Prearranged Offers

Description

This searchable ledger displays the history of a user’s open offers, prearranged biddable offers,

and prearranged non-biddable offers. Within this ledger, a user may perform certain actions on

these offers, depending on the type of offer. These actions include: View Offer Detail, Submit

Bid, Confirm Pre-Arranged, and Match Pre-Arranged.

Navigating Open / Prearranged Offers

1. From the BTS Secondary Trade Menu, click on Open / Pre-Arranged Offers. This shall

bring up Open / Pre-Arranged Offers Filter shown below. Enter the appropriate

information in the fields shown to specify which BTS Secondary Trade offers are displayed.

Alternatively, the user may go directly to Open / Pre-Arranged Offers Ledger by clicking

Close.

2. After the user enters the appropriate information in Open / Pre-Arranged Offers Filter,

Open / Pre-Arranged Offers Ledger screen will appear, similar to the one shown below.

(To access Open / Pre-Arranged Offers Filter again, right click anywhere on Open / Pre-

Arranged Offers Ledger screen and select Filter to choose which offers are displayed on

the ledger)

7

View Offer Detail

Using the View Offer Detail feature, a user may view details of a particular offer including

receipt point, bid format, shorter term acceptability, lower quantity acceptability and other

pertinent information. This feature is also available from the Current / Historical Offer

Ledger.

1. From the Open / Pre-Arranged Offers Ledger click on the radio button on the left-hand

side corresponding to the offer for which the user would like to View Offer Detail.

2. Right click anywhere on the screen, then click on View Offer Detail.

3. After clicking View Offer Detail, a screen for the chosen offer will appear, similar to the one

shown below.

4. A Print function is available from this screen.

8

Submit Bid

Using the Submit Bid feature, a user may submit a bid to an Open Offer. Refer to the section

titled Conditions on Open Offers for greater detail regarding this transaction.


side corresponding to the offer to which the user would like to Submit Bid.

2. Right click anywhere on the screen, then click on Submit Bid.

3. After clicking Submit Bid, a screen for the chosen offer will appear, similar to the one

shown below.

9

Submit Bid (continued)

4. Enter the Buyer Info / Receipt Point Master Agreement (RPMA). If the user does not

know the RPMA, click the magnifying glass and search for the desired RPMA.

5. Enter Bid Term End Date if the offer allows for a shorter term.

6. Enter Bid Rate. The rate must be in the format specified by the seller (% or $).

7. Enter Buyer Bid Quantity (Dths/Day). This quantity may be lower if the offer allows for a

lower quantity.

8. View Terms and check the box to agree to the terms.

9. Click Submit to submit bid.

10. If the bid is submitted successfully, the user will receive a success message similar to what is

shown below. If the buyer does not have adequate credit or if the user’s input is not within

the specified limits, an error message will appear. A successful bid will display on My Bid

Detail Summary Ledger (explained in a subsequent section).

10

Confirm Prearranged Offer

Using the Confirm Prearranged Offer feature, a user may confirm a Prearranged Biddable

Offer or Prearranged Non Biddable Offer. Refer to the section titled Conditions on

Prearranged Offers for greater detail regarding this transaction.


side corresponding to the Prearranged Offer to which the user would like to Confirm.

2. Right click anywhere on the screen, then click on Confirm Pre-Arranged.

3. After clicking Confirm Pre-Arranged, a screen for the chosen offer will appear, similar to

the one shown below.

11

Confirm Prearranged Offer (continued)

4. View Terms and check the box to agree to the terms.

5. Click Submit to Confirm Prearranged Offer.

6. If the prearranged offer is confirmed successfully, the user will receive a success message

similar to what is shown below.

7. The status of this prearranged bid will be Open if this is a Prearranged Biddable offer and

the offer will be viewable by any interested party in the Open/ Prearranged Offer Ledger.

Prearranged Non Biddable offers will display a status of Closed and will only appear on

the seller’s and buyer’s respective Open/ Prearranged Offer Ledgers.

12

Match Prearranged Offer

Using the Match Prearranged Offer feature, a user may match an offer that is greater than the

prearranged bidder’s confirmation. Once the open season has ended, the prearranged bidder has

the option of matching any offer that is greater than the prearranged bidder’s confirmation. It is

the responsibility of the buyer to be aware of the matching period. Refer to the section titled

Conditions on Prearranged Offers for greater detail regarding this transaction.


side corresponding to the Prearranged Offer to which the user would like to Confirm.

2. Right click anywhere on the screen, then click on Match Pre-Arranged.

3. After clicking Match Pre-Arranged, a screen for the chosen offer will appear

13

Post Offer to Sell Firm Rights

Description

This searchable ledger displays a user’s current and historical offers. Within this ledger, a user

may also perform these actions: Post Offer, View Offer Details, and Withdraw Offer.


1. From the BTS Secondary Trade Menu, click on Post Offer to Sell Firm Rights. This shall

bring up My Offers Filter shown below. Enter the appropriate information in the fields

shown to specify which offers are displayed. Alternatively, the user may go directly to

Current / Historical Offer Ledger by clicking Close.

2. After the user enters the appropriate information in My Offers Filter, Current / Historical

Offer Ledger screen will appear, similar to the one shown below. (To access My Offers

Filter again, right click anywhere on Current / Historical Offer Ledger screen and select

Filter to choose which offers are displayed on the ledger)

14

View Offer Details

Using the View Offer Details feature, a user may view details of a particular offer including

receipt point, bid format, shorter term acceptability, lower quantity acceptability and other

pertinent information. This feature is also available from the Open / Pre-Arranged Offers

Ledger.

1. From the Current / Historical Offer Ledger click on the radio button on the left-hand side

corresponding to the offer for which the user would like to View Offer Details.

2. Right click anywhere on the screen, then click on View Offer Details.

3. After clicking View Offer Details, a screen for the chosen offer will appear, similar to the

one shown below.


15

Post Offer

Using the Post Offer feature, a user may post an Open Offer, a Prearranged Biddable offer, or a

Prearranged Non Biddable Offer. Refer to the sections titled Conditions on Open Offers and

Conditions on Prearranged Offers for greater detail regarding this transaction.

1. From the Current / Historical Offer Ledger right click anywhere on the screen, then click

on Post Offer.

2. After clicking Post Offer, a screen will appear, similar to the one shown below.

3. Enter the Backbone Transportation Service Contract (BTSC). If the user does not know

the BTSC, click the magnifying glass and search for the desired BTSC.

4. Select Offer Type from the dropdown menu: Prearranged Non Biddable, Prearranged

Biddable or Open Offer.

16

Post Offer (continued)

5. Enter the Prearranged Buyer / Receipt Point Master Agreement (RPMA) if the offer is a

Prearranged Offer. If the user does not know the RPMA, click the magnifying glass and

search for the desired RPMA.

6. Check box for Waive Buyer Credit Requirements if desired by user (may be selected for

Prearranged Non Biddable offers only)

7. Select Yes or No radio button for Auto Repost.

8. Select Bid Evaluation option from the dropdown menu: Highest Rate, Net Present Value,

or Net Revenue.

9. Select First Come or Lottery radio button for Tie Breaker.

10. Select Yes or No radio button for Accept other than Tariff Rate. Select Yes if the user

would like the offer to be greater or less than the tariff rate.

11. Enter Minimum Bid Rate (Min Bid Rate) then choose Equal to Tariff, Dollars/Dth/Day

or % of Tariff from the dropdown menu.

12. Click Next to proceed to the next screen, similar to the one shown below.

13. Enter Release Start Date for the offer

14. Enter Release End Date for the offer

15. Select Yes or No radio button for Accept Shorter Term. If Yes is selected, enter Minimum

End Date for this offer.

16. The Confirmation Period and Open Season dates will be pre-populated based on the

user’s terms. Check the Offer / Bid deadlines to determine if the user can increase the

confirmation and open season days.

17. Click Next to proceed to the next screen, similar to the one shown on the next page.

17

Post Offer (continued)

18. Select Yes or No radio button for Accept Lower Quantity. Selecting Yes will activate the

Minimum Qty. Dths fields. Please note that accepting a lower quantity on an offer will

allow a bidder to modify his or her bid by entering a different quantity for each month

as long as the minimum is satisfied. 19. Enter the quantity per month that the user wishes to release at a lesser quantity. The Release

Qty. Dths fields default to the full quantity of the user’s BTSC.

20. Click Submit to submit offer. A message similar to the one below will appear.

21. Click OK if the user is sure of posting the offer. After clicking OK, the offer will appear on

the Current / Historical Offer Ledger.

18

Withdraw Offer

Using the Withdraw Offer feature, a user is able to withdraw an offer submitted by the logged-

on user. Only offers that are still in the Open Season and have no bids may be withdrawn by the

user who posted the offer.

1. From the Current / Historical Offer Ledger click on the radio button on the left-hand side

corresponding to the offer for which the user would like to Withdraw.

2. Right click anywhere on the screen, then click on Withdraw Offer.

3. After clicking Withdraw Offer, A message similar to the one below will appear.

4. Click OK if the user is sure of withdrawing the offer. After clicking OK, the offer will

appear on the Current / Historical Offer Ledger with a Status of Withdrawn.

19

My Bids Detail Summary

Description

This searchable ledger displays a user’s bids and corresponding information to each bid

including bid status, bid number, bidding company and other pertinent information. Within this

ledger, a user may perform certain actions on these bids, depending on the status of the bid.

These actions include: View Bid Detail and Withdraw Bid.


1. From the BTS Secondary Trade Menu, click on My Bids Detail Summary. This shall

bring up My Bid Details Filter shown below. Enter the appropriate information in the fields

shown to specify which bids are displayed. Alternatively, the user may go directly to My Bid

Ledger by clicking Close.

2. After the user enters the appropriate information in My Bid Details Filter, My Bid Ledger

screen will appear, similar to the one shown below. (To access My Bid Details Filter again,

right click anywhere on My Bid Ledger screen and select Filter to choose which bids are

displayed on the ledger)

20

View Bid Detail

Using the View Bid Detail feature, a user may view details of a particular offer including bid

status, bid rank, releasing shipper and other pertinent information.

1. From My Bid Ledger click on the radio button on the left-hand side corresponding to the bid

for which the user would like to View Bid Detail.

2. Right click anywhere on the screen, then click on View Bid Detail.

3. After clicking View Bid Detail, a screen for the chosen offer will appear, similar to the one

shown below.


21

Withdraw Bid

Using the Withdraw Bid feature, a user may withdraw a bid during the open season (bids may

only be withdrawn during the open season). A user must withdraw a previous bid in order to

place another bid on the same offer. The new bid must have a greater quantity or price than the

previous bid.

1. From My Bid Ledger click on the radio button on the left-hand side corresponding to the bid

for which the user would like to Withdraw.

2. Right click anywhere on the screen, then click on Withdraw Bid.

3. After clicking Withdraw Bid, a message similar to the one below will appear.

4. Click OK if the user is sure of withdrawing the bid. After clicking OK, the offer will appear

on My Bid Ledger with a status of Withdrawn.

22

Awarded Contract

Description

This searchable ledger displays the award status for each bid submitted by the user along with

the bid number, acquiring BTSC number, DUNs number, and other pertinent information.


1. From the BTS Secondary Trade Menu, click on Awarded Contract. This shall bring up

Awarded Contracts Filter shown below. Enter the appropriate information in the fields

shown to specify which bids are displayed. Alternatively, the user may go directly to

Awarded Contract Ledger by clicking Close.

2. After the user enters the appropriate information in Awarded Contracts Filter, Awarded

Contract Ledger screen will appear, similar to the one shown below. (To access Awarded

Contracts Filter again, right click anywhere on Awarded Contract Ledger screen and

select Filter to choose which bids are displayed on the ledger)

23

SoCalGas Holidays

New Year’s Day

Martin Luther King Jr. Day

Presidents Day

Memorial Day

Independence Day

Labor Day

Thanksgiving Day

Day after Thanksgiving Day

Day before Christmas

Christmas Day

socalgas envoy ® backbone transportation service secondary ...€¦ · navigating open /...

Documents