Southeast Supply Header, LLC
Original Volume No. 1
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Effective Date: 02/26/2009, Docket: RP09-276-000, Status: Effective
First Revised Sheet No. 310 First Revised Sheet No. 310
Superseding: Original Sheet No. 310
GENERAL TERMS AND CONDITIONS
(CONTINUED)
25. CAPACITY RELEASE PROVISIONS (continued)
25.1 Procedure. (continued)
(i) Open Bidding Process. Prospective Shippers wishing to
acquire capacity available for release ("Bidding Shipper"),
shall place a bid on the LINK® System for the available
capacity during the Posting Period. If such bid is not
expressly labeled as a contingent bid, such bid shall be
binding. The bid shall contain the following information:
(1) The Bidding Shipper's legal name and the name, phone
number and e-mail address of the individual who will
authorize the acquisition of the available capacity.
(2) The level of daily firm entitlements that the Bidding
Shipper requests and the minimum quantity it will
accept.
(3) The requested effective date and the term of the
acquisition.
(4) The Bidding Shipper's bid, addressing all criteria
required by the Releasing Shipper. The Bidding
Shipper shall be entitled to withdraw its bid either
via the LINK® System or EDM, prior to the end of the
bidding period. Bidding Shipper cannot withdraw its
bid after the Bidding Period ends. If Bidding
Shipper withdraws its bid, it may not resubmit a
lower bid. If Bidding Shipper submits a higher bid,
lower bids previously submitted by Bidding Shipper
will be automatically eliminated. A Bidding Shipper
may have only one valid bid posted. Transporter
shall post all information provided by Bidding
Shippers, except the information provided in Section
25.1(h)(1), above.
No bid shall exceed the applicable Maximum Recourse
Rates, in addition to any and all applicable fees and
surcharges, as specified in this Tariff; provided,
however, for releases that become effective on or
after July 30, 2008, the rate specified by the
Bidding Shipper may exceed the maximum tariff rate
for the applicable service if (i) the term of the
proposed release is one (1) year or less, and (ii)
the effective date of the proposed release is on or
before one (1) year from the date on which
Transporter is notified of the release. The quantity
or the requested term of the release of such bid
shall not exceed the maximum quantity or primary term
specified in the executed Agreement.