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.