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.