Kinder Morgan Illinois Pipeline LLC
Original Volume No. 1
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Effective Date: 02/22/2009, Docket: RP09-243-000, Status: Effective
First Revised Sheet No. 192 First Revised Sheet No. 192
Superseding: Original Sheet No. 192
GENERAL TERMS AND CONDITIONS
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14.11 CONFIRMATIONS; RELEASED FIRM TRANSPORTATION AGREEMENT
At the time the award of capacity under this Section 14
is posted, KMIP 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 KMIP awarding
capacity on a Prearranged Release, the Prearranged Shipper shall
confirm electronically the terms of the Prearranged Release.
14.12 COMPLETED TRANSACTIONS
By 5:00 p.m. Central Clock Time after capacity has been
awarded, KMIP shall post on the Informational Postings portion of
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 KMIP of any error in the award of
capacity within one Business Day after such posting on KMIP's
Interactive Website. In the event of an error, the capacity shall be
re-awarded by KMIP. As between KMIP and the Releasing Shipper, the
Releasing Shipper shall indemnify and hold KMIP 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 KMIP by the
Releasing Shipper hereunder. KMIP shall correct an error in a timely
fashion after receiving notice of such error from the Releasing
Shipper or another person.
14.13 BILLING
(a) KMIP shall bill the Replacement Shippers and the
Subreplacement Shippers the rate(s) specified in the Released Firm
Transportation Agreements and any other applicable charges and each
such Replacement Shipper and Subreplacement Shipper shall pay the
billed amounts directly to KMIP. KMIP shall not be responsible for
billing the Replacement Shipper for any amounts attributable to gas
purchase or gas inventory volumes tied to a transportation capacity
or storage release. Such charges shall be between the Releasing
Shipper and Replacement Shipper. KMIP shall have the right to
discount the commodity rates under the Released Firm Transportation
Agreement. KMIP will support volumetric releases with volumetric
commitments by fully accounting for volumetric and reservation
components, consistent with the rules and regulations enunciated by
the Federal Energy Regulatory Commission.