Cheniere Creole Trail Pipeline, L.P.
Original Volume No. 1
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Effective Date: 03/09/2009, Docket: RP09-353-000, Status: Effective
First Revised Sheet No. 168 First Revised Sheet No. 168
Superseding: Original Sheet No. 168
GENERAL TERMS AND CONDITIONS
(Continued)
(g) The minimum rate expressed in dollars and cents or
percentage of the maximum rate, term, and quantity of
capacity Releasing Shipper will accept, if any, and whether
bids using a volumetric rate for the collection of
Reservation Charges will be accepted and whether the
Releasing Shipper requires a volumetric commitment.
(i) For releases with a term greater than one (1) year,
the maximum volumetric rate that may be bid shall
not exceed the 100% load factor equivalent of the
maximum Reservation Charge. The maximum reservation
charge equals the daily reservation rate for Rate
Schedule FTS. The maximum reservation rate that may
be bid may not exceed the maximum reservation rate
under Rate Schedule FTS as set forth on the
currently effective tariff sheets.
(ii) For releases with a term of one (1) year or less,
there is no restriction on the maximum rate that the
Releasing Shipper may require for acceptance.
(h) Identification of any Replacement Shipper with whom
Releasing Shipper has prearranged the release and such
Replacement Shipper's address, contact person, telephone
number; fax number, and contract number if applicable;
(i) Whether the Releasing Shipper will accept contingent bids,
and if so under what circumstances.
(j) The best bid criterion, the method by which volumetric or
contingent bids will be evaluated, and any alternate,
objective and nondiscriminatory method for braking ties.
Transporter supports the following methodologies of
determining the best bid: Net Present Value, highest rate,
net revenue. In lieu of these methodologies, the Releasing
Shipper may provide its own methodology for determining the
best bid. The best bid evaluation method established by the
Releasing must be objectively stated, applicable to all
Replacement Shippers and not unduly discriminatory and shall
enable Transporter to rank bids received by utilizing the
weight assigned by Releasing Shipper to each element of the
Release Notice;