American Midstream (AlaTenn), LLC

Fifth Revised Volume No. 1

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Effective Date: 05/01/2010, Docket: RP10-493-000, Status: Effective

Original Sheet No. 144 Original Sheet No. 144

 

GENERAL TERMS AND CONDITIONS (continued)

 

(b) For biddable releases (1 Year or less)

 

(1) Offer for capacity release shall be tendered by 12:00 p.m. on a Business

Day.

(2) Open season ends no later than 1:00 p.m. on a Business Day (evaluation

period begins at

1:00 p.m.

during which contingency is eliminated, determination of best bid is made, and

ties are broken).

(i) Evaluation period ends and award posted, if no match is required, at 2:00 p.m.

(ii) Match or award is communicated by 2:00 p.m.

(iii) Match response due by 2:30 p.m.

(iv) Where match is required, award posting shall be by 3:00 p.m.

(3) A contract will be issued within one (1) hour of award posting (with a new

contract number,

when

applicable). Nominations possible beginning at the next available nomination

cycle for the

effective date

of the contract. (Central Clock Time)

 

c) For biddable releases (more than 1 Year)

 

(1) Offer for capacity release shall be tendered by 12:00 p.m. four (4) Business

Days before

award.

(2) Open season ends no later than 1:00 p.m. on the Business Day before timely

nominations

are due

(open season is three(3) Business Days.

(i) Evaluation period begins at 1:00 p.m. during which contingency is eliminated,

determination

of best

bid is made, and ties are broken.

(ii) Evaluation period ends and award is posted, if no match is required, at 2:00

p.m.

(iii) Match or award is communicated by 2:00 p.m.

(iv) If required, a match response is due by 2:30 pm.

(v) Where match is required, award posting shall be by 3:00 p.m.

(3) A contract will be issued within one (1) hour of award posting (with a new

contract number,

when

applicable). Nominations possible beginning at the next available nomination

cycle for the

effective date

of the contract. (Central Clock Time)

 

(d) With respect to a Firm Transportation Contract which had an initial term of

more than one

Year and

which is at the applicable maximum transportation rate, which will expire within

one (1) Year (i.e.,

the

Transportation Contract(s) can not be extended for any reason), Transporter shall

post the

capacity

under such Contract(s) on its Interactive Internet Website for a Bidding Period,

which shall be for

a

minimum of fourteen Days. If Transporter receives no bids for such capacity

during the Bidding

Period,

then the provisions of Section 3.14(d)(ii) below shall apply. If