Crossroads Pipeline Company

First Revised Volume No. 1

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Effective Date: 02/26/2009, Docket: RP09-286-000, Status: Effective

Second Revised Sheet No. 179 Second Revised Sheet No. 179

Superseding: First Revised Sheet No. 179

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(d) Timing and Duration of Posting. Offers to release and assign

capacity shall be posted on Transporter's EBB in accordance with the Capacity

Release timeline under Section 14(c) above. Releasor may not specify an

extension of the original bid period without posting a new release.

 

(e) Method to Post. Transporter shall post offers and bids,

including pre-arranged deals, upon receipt. Releasor may request a later

posting time for posting of such offer, and Transporter shall support such a

request insofar as it comports with the standard Capacity Release timeline

specified in GISB Standard No. 5.3.2.

 

14.3 Bidding.

 

(a) Potential Replacement Shippers shall submit bids for released

capacity which comport with the methodology of the release notice stated in

ten-thousandths of one dollar ($0.0000) per Dth one day per month for

reservation charges, or in hundredths of one cent (0.00¢) per Dth for one-

part volumetric rate bids or a percent of maximum, accompanied by a valid Bid

for Capacity Release Form in the form included in this Tariff. Bids

submitted for a permanent release shall be submitted on a valid Request for

Service as set forth in Section 3 (Requests for Service) of the General Terms

and Conditions. For capacity release transactions of one (1) year or less in

length, there shall be no maximum price cap. Such bids (i) shall be

submitted electronically by potential Replacement Shippers to Transporter's

EBB in the format established by Transporter for such bids on the EBB, (ii)

shall be displayed on the EBB when complete without revealing the identity of

the bidder during the bidding period, and (iii) in accordance with

Transporter's specifications, shall specifically reference the capacity for

which the bid is being submitted.