Great Lakes Gas Transmission Limited Partner
Second Revised Volume No. 1
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Effective Date: 01/01/2008, Docket: RP08- 78-000, Status: Effective
Tenth Revised Sheet No. 42A Tenth Revised Sheet No. 42A : Effective
Superseding: Ninth Revised Sheet No. 42A
GENERAL TERMS AND CONDITIONS
15.15 (B) (continued)
(3) The evaluation period begins at 1:00 p.m. (C.C.T.) and ends at 2:00 p.m. (C.C.T.) on
the same day that the open season ended. During this time, contingencies are
eliminated, the determination of best bid is made, and ties are broken.
(4) The award of capacity to the Replacement Shipper shall be communicated by 2:00 p.m.
(C.C.T.) on the same day that the open season ended. Pursuant to Subsection 15.15(I),
the terms of the best bid which a pre-arranged Replacement Shipper may match must also
be communicated to such pre-arranged Replacement Shipper by this time. The pre-
arranged Replacement Shipper shall have until 2:30 p.m. (C.C.T.) of that same day to
match the terms of the best bid in writing, through GLConnect, or through EDI.
(5) The award of released capacity shall be posted to GLConnect or be available through
EDI by 3:00 p.m. (C.C.T.) on the same day that the open season ended. Nominations may
be submitted beginning with the next available nomination cycle for the effective date
of the contract.
(6) Transporter shall tender a contract with the contract identification number to the
Replacement Shipper within one (1) hour of the award posting.
(C) The posting of a notice is an offer by Releasing Shipper to entertain bids on the Capacity
proposed to be released and assigned, but is not an offer by Transporter. Offers shall be
binding until written or electronic notice of withdrawal is received by Transporter. Such
offer may be withdrawn by the Releasing Shipper where unanticipated circumstances justify
and no bid meeting the minimum bid criteria set forth by the Releasing Shipper in
Subsection 15.15(A) above has been received. After a bid meeting those minimum
requirements is received, such offer shall remain open until the priority bidder becomes an
FT, EFT, or LFT Shipper pursuant to Subsection 15.15(G) below. Releasing Shipper's
Subsection 15.15(A) notice authorizes Transporter to accept bids for the Capacity.