Mobile Bay Pipeline Company
Second Revised Volume No. 1
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Effective Date: 06/01/1997, Docket: RP97-361-000, Status: Effective
Second Revised Sheet No. 241 Second Revised Sheet No. 241 : Effective
Superseding: Superseding First Revised Sheet No. 241
GENERAL TERMS AND CONDITIONS
(Continued)
more)
releases except that offers should be
tendered by 1:00 p.m. Central Clock Time
four (4) Business Days before the bidding
period ends. The bidding period ends at
2:00 p.m., Central Clock Time on the Day
before nomination are due.
bid evaluation methodology other than
highest rate, net revenue or present
value, the above timeline for
evaluating bids and awarding capacity
shall not apply. Transporter shall
use the following timeline for non-
qualifying releases:
Term of Service Bid
Period
< 1 Month 24
Hours
> 1 Month and < 3 Months 2
Business Days
> 3 Months and < 1 Year 5
Business Days
> 1 Year 10
Business Days
determined by the bid process and has been
tendered a service agreement as to the
subject released capacity for execution,
the Replacement Customer must execute the
service agreement within two (2) business
days of its tender by Transporter. If the
Replacement Customer fails or refuses to
execute the service agreement as required
herein, Replacement Customer shall forfeit
all right and entitlement to the subject
released capacity and the Releasing
Customer's release notice shall be
withdrawn from the Customer Electronic
System. In such case, if the Releasing
Customer still desires to release any or
all of the subject capacity, it must submit
a new release notice for posting on the
Customer Electronic System in accordance
with all procedures and requirements of
this Section 14.1.