Black Marlin Pipeline Company

First Revised Volume No. 1

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Effective Date: 06/01/1997, Docket: RP97-110-001, Status: Effective

First Revised Sheet No. 213C First Revised Sheet No. 213C : Effective

Superseding: Original Sheet No. 213C

GENERAL TERMS AND CONDITIONS

(continued)

 

iv. The contract number and path of capacity to be acquired (if

different from path relinquished);

 

v. The reservation charge bid, or the volumetric rate bid if

allowed by Releasing Shipper;

 

vi. Term Shipper is willing to acquire capacity,

 

vii. If contingent bids are allowed by Releasing Shipper, the

criteria of the contingency; and

 

viii.Whether the bid is a Prearranged Bidder.

 

Prearranged Bidder's Right to Match. A prearranged bid shall constitute

the minimum bid for all other bidders. If Transporter does not receive

a better bid by the date on which bids are due, the prearranged bid

shall be the winning bid. If Transporter does receive a better bid by

the date on which bids are due, the Prearranged Bidder shall have the

right to match the terms of the better bid and shall be deemed to have

made the best bid.

 

A potential Acquiring Shipper may post an offer to acquire capacity

under the terms of this Section.

 

10.1 C.Allocation of Released Capacity through bidding procedures. Transporter

shall make a preliminary determination of whether Transporter is

physically able to accommodate the requests of individual Replacement

Shippers based on the specific capacity released. Between requests,

which Transporter deems that it is physically able to accommodate,

Transporter shall allocate released capacity in the following manner:

 

a) Transporter will evaluate and rank all bids and will award bids, best

bid first, until all offered capacity is awarded.

 

b) In the event more than one Replacement Shipper offers the highest

rate and meets the terms and conditions of the release, unless

Releasing Shipper specifies another non-discriminatory