Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

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Effective Date: 09/01/2007, Docket: CP06-354-002, Status: Effective

Original Sheet No. 196 Original Sheet No. 196 : Effective

 

GENERAL TERMS AND CONDITIONS

 

15. CAPACITY RELEASE BY FIRM SHIPPERS (Contd.)

 

15.8 QUALIFIED BIDS FOR RELEASED CAPACITY RIGHTS

 

A. At any time during an open season, a Qualified Bidder may

submit a Qualified Bid to Transporter's Interactive Website

(or in writing for posting on Transporter's Interactive

Website if Transporter's Interactive Website is unavailable

for receiving Qualified Bids) seeking released Capacity

rights under a Capacity Release Request. In addition to

being prequalified for credit pursuant to Section 15.15,

each Qualified Bid must include the following:

 

(1) The Qualified Bidder's legal name, address, phone

number, facsimile number, the name and title of the

individual responsible for authorizing the Qualified

Bid and identification of the Capacity rights for

which the Qualified Bid is made;

 

(2) The term for the purchase;

 

(3) A Minimum Bid Volume and a Maximum Bid Volume (in Dth

per Day);

 

(4) The fixed reservation rate and/or volumetric rate that

the Qualified Bidder agrees to pay for the Capacity

(and if a volumetric charge, any minimum amount to be

billed as a reservation charge, which must be equal to

or greater than any such amount designated by the

Releasing Shipper);

 

(5) A statement that the Qualified Bidder agrees to all

the terms and conditions of the Capacity Release

Request, with only the modifications as expressly

provided in its Qualified Bid, which modifications

must be permitted by the Capacity Release Request and

must conform with the requirements in this Section 15.

In the event that the Releasing Shipper has stated

that Qualified Bid(s) may be contingent upon

subsequent events and the Qualified Bidder submits

such a contingent Qualified Bid, then the Qualified

Bidder must state in full the nature of the condition

and the last date by which the Qualified Bid is null

and void if the contingency does not occur; and