B-R Pipeline Company

Original Volume No. 1

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Effective Date: 05/01/2004, Docket: RP04-224-000, Status: Effective

Original Sheet No. 114 Original Sheet No. 114 : Effective

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

22. AVAILABLE CAPACITY (Continued)

 

22.2 Posting (Continued)

 

(f) Transporter has the option to establish a reserve rate for any

available capacity before such capacity is posted. Transporter is

not required to disclose the reserve rate at the time of posting,

but a record of the reserve rate must be maintained for a period of

three years for validation purposes.

 

22.3 Bidding.

 

(a) New Agreements. All bids for available capacity will be made

in writing via facsimile transmission to Transporter.

Transporter shall post to its EBB/Designated Site each bid

received. Each bid posted by Transporter must set forth the

following, if applicable:

 

1. Bidder's name (which will not be reflected on the EBB/

Designated Site) and posted offer number;

 

2. Receipt point(s), delivery point(s), mainline capacity and

associated rate(s);

 

3. Term of bid;

 

4. Minimum capacity or minimum percentage of the total posted

capacity which bidder is willing to accept;

 

5. Identity of any affiliate of Transporter involved in the

transaction; and

 

6. Contingencies.

 

(b) Amendments to Existing Agreements. Requests for changes only

to receipt and/or delivery points under existing service agreements

which do not require additional mainline capacity are not subject

to the bidding procedures described in this section. Such requests

will be processed on a first-come, first-served basis and should be

submitted to Transporter in accordance with Section 10.3 of Rate

Schedule FT-1.