Cheniere Creole Trail Pipeline, L.P.
Original Volume No. 1
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Effective Date: 04/28/2008, Docket: RP08-137-000, Status: Effective
Original Sheet No. 171 Original Sheet No. 171 : Pending
GENERAL TERMS AND CONDITIONS
(Continued)
vi. match response by 2:30 P.M.
vii. where match required, award posting by 3:00 P.M.
(b) For biddable releases (1 year of more):
i. offers should be tendered by 12:00 P.M. four Business Days before award;
ii open season ends no later than 1:00 P.M. on the Business Day before
timely nominations are due (open season is three Business Days);
iii. evaluation period begins at 1:00 P.M. during which contingency is
eliminated, determination of beat bid is made, and ties are broken;
iv. evaluation period ends and award posting if no match required at 2:00
P.M.;
v. match or award is communicated by 2:00 P.M.;
vi. match response by 2:30 P.M.
vii. where match required, award posting by 3:00 P.M.
(c) If the Releasing Shipper specifies a bid evaluation methodology other
than the highest rate, net revenue, or Net Present Value, or there are other
special conditions, the above timelines shall apply; however, one additional
business day shall be added to the evaluation period. Such extended evaluation
shall cause gas flow to be at least one day later than gas could flow under
the timelines set forth above.
3. Information To Be Included in Bids
All bids shall contain the following bid information:
(a) The identity of the bidder, including contact person business address,
phone number and facsimile number;
(b) The relinquishment under which the capacity is available and the MDTQ;