Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

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Effective Date: 02/26/2009, Docket: RP09-266-000, Status: Effective

First Revised Sheet No. 205 First Revised Sheet No. 205

Superseding: Original Sheet No. 205

 

GENERAL TERMS AND CONDITIONS

 

15. CAPACITY RELEASE BY FIRM SHIPPERS (Contd.)

 

15.11 CONFIRMATIONS; RELEASED FIRM TRANSPORTATION AGREEMENT

 

At the time the award of Capacity under this Section 15 is posted,

Transporter shall send the winning Qualified Bidder or the

Prearranged Shipper confirmation of the Capacity release awarded

to such Qualified Bidder or Prearranged Shipper. Prior to

Transporter awarding Capacity on a Prearranged Release, the

Prearranged Shipper shall confirm electronically the terms of the

Prearranged Release.

 

15.12 COMPLETED TRANSACTIONS

 

After Capacity has been awarded, Transporter shall post on its

Interactive Website the name(s) of the winning Qualified

Bidder(s), identification of the winning Qualified Bid(s) and any

minimum bid conditions held confidential during the open season.

The Releasing Shipper is responsible for reviewing the Qualified

Bids to ensure that the released Capacity was correctly awarded.

The Releasing Shipper shall notify Transporter of any error in the

award of Capacity within one Business Day after such posting on

the Interactive Website. In the event of an error, the Capacity

shall be re-awarded by Transporter. As between Transporter and

the Releasing Shipper, the Releasing Shipper shall indemnify and

hold Transporter harmless as to any costs, damages or expenses

relating to the bid evaluation procedure for which timely notice

of an error was not provided to Transporter by the Releasing

Shipper hereunder. Transporter shall correct an error in a timely

fashion after receiving notice of such error from the Releasing

Shipper or another person.