Garden Banks Gas Pipeline, LLC

Original Volume No. 1

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Effective Date: 09/01/2005, Docket: RP05-453-000, Status: Effective

Second Revised Sheet No. 114A Second Revised Sheet No. 114A : Effective

Superseding: First Revised Sheet No. 114A

 

GENERAL TERMS AND CONDITIONS

 

19.6 Offer and Bid Procedures

 

(e) Pre-qualified Bidder Requirements:

 

(4) Notice to the replacement shipper that

the replacement shipper(s) is no longer

creditworthy and has not provided credit

alternative(s) pursuant to the

Transporter's tariff.

 

(iii) Prior to submitting a bid on a Permanent

Release of capacity offered by a RELEASING

SHIPPER, the bidder must submit to

Transporter a valid Service Request Form for

the released capacity on which the bidder

intends to submit a bid.

 

(iv) Prior to submitting a bid on an Offer of

Temporary Release of capacity, the bidder

must request and execute a Temporary Release

Agreement. The terms of each winning bid

shall be set forth on an Addendum to the

ACQUIRING SHIPPER's applicable Temporary

Release Agreement.

 

(f) Bidding Procedures: All bids on a RELEASING

SHIPPER's Offer, shall be transmitted

electronically to Transporter on its Interactive

Internet Website in accordance with the hours of

operation, times and dates as set forth