Gulf Crossing Pipeline Company LLC

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-303-000, Status: Effective

First Revised Sheet No. 1054 First Revised Sheet No. 1054

Superseding: Original Sheet No. 1054

 

GENERAL TERMS AND CONDITIONS

Section 16

(Continued)

 

 

(iix) the minimum acceptable bid acceptable;

 

(ix) the identity of any Prearranged Customer

including their role (Asset Manager, Retail

Access Marketer, or Other);

 

(x) the maximum and minimum reservation charges,

including any applicable demand surcharges,

expressed in dollars and cents or percent of

maximum rate and restated on a volumetric

basis, if applicable;

 

(xi) a specification by the Releasing Customer of an

objective and non-discriminatory economic

standard to be applied in determining the Best

Bid, and the methodology for breaking ties.

Such standard will only consider the

reservation charge and any applicable

reservation surcharges and must be objectively

stated;

 

(xii) whether contingent bids will be accepted and,

if so, the period within which the contingency

must be eliminated;

 

(xiii)whether volumetric bids will be accepted and

specifying the method to rank competing

volumetric and reservation charge bids if

applicable;

 

(xiv) whether a capacity release is a release to an

Asset Manager and the Asset Manager's

obligation to deliver gas to, or purchase gas

from, the Releasing Customer;

 

(xv) whether a capacity release is a release to a

Retail Access marketer; and

 

(xvi) any other information necessary to describe the

capacity release transaction in accordance with

the NAESB Capacity Release Dataset.