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;