Destin Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 02/23/2009, Docket: RP09-251-001, Status: Effective

Second Revised Sheet No. 111 Second Revised Sheet No. 111

Superseding: First Revised Sheet No. 111

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

Section 18.6(c) (continued)

 

(15) pursuant to Section 18.6(h) hereof, the economic

criteria to be utilized by COMPANY in determining the

"best bid";

 

(16) pursuant to Section 18.6(i) hereof, a

nondiscriminatory tie breaker to be utilized in

determining the "best bid" in the event two or more

bids generate equal revenues.

 

(17) whether or not the RELEASING SHIPPER will reput the

capacity to the Acquiring Shipper at the end of a

recall of the capacity.

 

(18) whether a release is to an asset manager.

 

(19) whether a release is to a marketer participating in a

state-regulated retail access program.

 

(20) any delivery or supply obligations related to a

release to an asset manager.

 

The following information shall be supplied by COMPANY with

each Offer: (i) the maximum reservation charge (and

reservation surcharges) applicable to the capacity being

released, (ii) the maximum reservation charge (and

reservation surcharges) converted to a 100% load-factor

volumetric rate if the Offer requires bids on a volumetric

rate basis, (iii) the date and time the Offer was posted on

Company's Internet Web Site, and (iv) the date and time the

bid period ends.

 

(d) Prearranged Bidders: A RELEASING SHIPPER must identify in

its Offer any "Prearranged Bid" to be made on the firm

capacity offered for release. However, the "Prearranged

Bidder" must also meet all of the requirements established

for bidders pursuant to Section 18.6(e)-(g) below. A

Prearranged Bidder must also submit its bid in accordance

with Section 18.6(f) below. If the Prearranged Bidder

tenders a bid for the offered capacity at the maximum

reservation charge applicable to the release for the full

volume, capacity and term offered by the RELEASING SHIPPER,