Chandeleur Pipe Line Company

Second Revised Volume No. 1

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Effective Date: 02/01/2003, Docket: RP03-220-000, Status: Effective

First Revised Sheet No. 9 First Revised Sheet No. 9 : Effective

Superseding: Substitute Original Sheet No. 9

RATE SCHEDULE FT

FIRM TRANSPORTATION SERVICE

 

6.0 ELECTION OF FIRM TRANSPORTATION SERVICE (Cont'd)

 

6.2 Uncontracted Firm Capacity

 

If Chandeleur determines it has uncontracted firm

capacity, Chandeleur will:

 

(a) post for thirty (30) calendar days on its internet

website, the availability of this capacity and the

terms and conditions under which it is available

per the provisions of Section 7.1 of the General

Terms and Conditions;

(b) require those requesting Shippers that have

satisfied the requirements of Creditworthiness,

per the provisions of Section 17 of the General

Terms and Conditions, to notify Chandeleur by

electronic or other means of their desire to

obtain capacity; then,

(c) at the end of the bidding period, award the

capacity to the requesting Shipper offering the

highest price up to the maximum allowable rate.

 

If two or more requesting Shippers offer the same

price, and the requests for capacity exceeds

Chandeleur's uncontracted firm capacity, then the

provisions of Section 7.5 of the General Terms and

Conditions will be used to determine which requesting

Shipper has made the better offer. The requesting

Shipper making the better offer will receive the

capacity it has requested and the other requesting

Shipper(s) will receive the remaining capacity in

descending order of the value of their offers. When

two or more requesting Shippers make identical better

offers, capacity will be allocated to the requesting

Shippers on the basis of the earliest date in the firm

transportation service request queue. If the firm

transportation queue is exhausted, the capacity will be

allocated to the requesting Shippers, on the basis of

the earliest valid offer received. The receipt date

will be based on the date and time the bid is entered

on Chandeleur's internet website; or, if not tendered

via website, the date and time the bid is received by

Chandeleur by other electronic means.