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).