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withdrawn from the Customer Electronic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.