Southeast Supply Header, LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 02/26/2009, Docket: RP09-276-000, Status: Effective

First Revised Sheet No. 303 First Revised Sheet No. 303

Superseding: Original Sheet No. 303

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

25. CAPACITY RELEASE PROVISIONS (continued)

 

25.1 Procedure. (continued)

 

(g) The following capacity release timeline is applicable to

all parties involved in the capacity release process;

however, it is only applicable if (1) all information

provided by the parties to the transaction is valid and (2)

the Replacement Shipper has been determined to be

creditworthy before the capacity release bid is tendered,

and (3) there are no special terms or conditions of the

release:

 

(1) For biddable releases (one (1) year or less):

 

- Offers should be tendered by 12:00 P.M. on a

Business Day;

- Open season ends no later than 1:00 P.M. on a

Business Day (evaluation period begins at 1:00 P.M.

during which contingency is eliminated,

determination of best bid is made, and ties are

broken);

- Evaluation period ends and award posting if no

match required at 2:00 P.M.;

- Match or award is communicated by 2:00 P.M.;

- Match response by 2:30 P.M.;

- Where match required, award posting by 3:00 P.M.;

and

- Contract issued within one hour of award posting

(with a new contract number, when applicable);

nomination possible beginning at the next available

nomination cycle for the effective date of the

contract. (Central Clock Time)