Dauphin Island Gathering Partners
First Revised Volume No. 1
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Effective Date: 03/16/1999, Docket: CP98- 6-003, Status: Effective
Original Sheet No. 219 Original Sheet No. 219 : Effective
"Essential terms" for all purposes of Section 19.6 for bids or for the matching of
any bid shall be determined solely by the Releasing Shipper consistent with the
terms posted by the Releasing Shipper for such bids or the matching of any such
bid. In the event of a dispute with respect to whether a bid has met the essential
terms posted by Releasing Shipper or whether prearranged Acquiring Shipper
has matched a bid, Transporter shall bear no liability. Where a dispute arises
with respect to a bid or a matching of a bid by a prearranged Acquiring Shipper,
Transporter shall not be obligated to provide services with respect to any
capacity to be released pursuant to the Releasing Shipper's Offer to any party
having submitted a bid or having attempted to match a bid until such dispute has
been fully resolved. In this case the Releasing Shipper shall remain liable to
Transporter for all obligations under its transportation agreements including
those associated with the capacity the Releasing Shipper sought to release to the
prearranged Acquiring Shipper until the dispute is, in the judgment of the
Transporter, resolved.
(e) Prequalified Bidder Requirements:
(i) All parties desiring to bid on firm capacity offered by a Releasing
Shipper must be prequalified by Transporter as creditworthy in order to
be eligible to submit a bid on an Offer of released capacity. Unless
Transporter agrees it has determined the bidder to be creditworthy or to
have suitable credit on file with Transporter, the potential bidder must
submit to Transporter the information set forth in Rate Schedule FT-1
(MP), FT-1 (DI), FT-2 (MP), FT-2 (DI) or FT-3 (MP) to enable
Transporter to determine the party's creditworthiness. A bidder's
creditworthiness shall be assessed on the same basis as a Shipper's
creditworthiness under the terms of Rate Schedule FT-1 (MP), FT-1
(DI), FT-2 (MP), FT-2 (DI) or FT-3 (MP).