Florida Gas Transmission Company, LLC
Fourth Revised Volume No. 1
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Effective Date: 09/01/2006, Docket: RP06-463-000, Status: Effective
Original Sheet No. 306 Original Sheet No. 306 : Effective
GENERAL TERMS AND CONDITIONS
f. The minimum amount of prorated capacity that the
bidder will accept, if prorationing is necessary.
2. Withdrawal of Bids:
A bid may be withdrawn any time prior to the close of the bidding
period, however, the same party may not submit a lower bid. Once
a bidder has withdrawn its bid, the bidder may only submit a new
bid for such released capacity at a higher rate. Bids cannot be
withdrawn after the bid period ends.
3. Right to Match
In the event capacity is subject to the right to match, the
prearranged Acquiring Shipper shall have the right to match
consistent with the capacity release timeline.
4. Bid Evaluation Procedure
Transporter shall review the bids received and reject any bids
that do not comply with all applicable provisions of this Section
18 and the Relinquishment Notice. Subject to the right to match ,
if applicable, capacity will be awarded to all Acquiring Shippers
whose bids can be fulfilled without impairment of firm capacity
rights held by any other Shipper or without reducing the total
contractual entitlement on Transporter's system. Pursuant to
Section 18.E.1.(l), Transporter will evaluate and rank all bids
and will award bids, best bid first, until all offered capacity is
In the event two or more bids contain the same bid rate, capacity
will be awarded based on the first in time to submit an eligible
bid; provided however, if a contingent bid and a non-contingent
bid tie, capacity will be awarded to the non-contingent bidder.