Gulf States Transmission Corporation

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-307-000, Status: Effective

Fourth Revised Sheet No. 58J Fourth Revised Sheet No. 58J

Superseding: Third Revised Sheet No. 58J

 

GENERAL TERMS AND CONDITIONS (continued)

 

 

(j) which Option under Section 23.9 shall be used to determine the highest bidder and, if applicable, the criteria by which bids are to be evaluated; whatever evaluation option the Releasing Shipper chooses, it may establish and post object

 

(k) the weight for each factor if bids will be evaluated using the weighted composite bid method;

 

(l) the method by which ties will be broken;

 

(m) whether the Releasing Shipper wants Transporter to market its released capacity in accordance with Section 23.15;

 

(n) the duration of the open season and of the matching period if longer than the minimums specified in Section 23.7 below;

 

(o) the date and time the notice is posted on the Interactive Internet Website;

 

(p) whether the Releasing Shipper is willing to accept contingent bids that extend beyond the open season and, if so, any non-discriminatory terms and conditions applicable to such contingencies including the date by which such contingency

 

(q) whether the Releasing Shipper's notice will state minimum conditions or that such Shipper has revealed such minimums to Transporter, which conditions shall not be revealed during the open season; and

 

(r) any other applicable conditions.

 

A Releasing Shipper has the right to withdraw its offer during the bid period, where unanticipated circumstances justify and no minimum bid has been made; provided, however, that once the notice is withdrawn, the offer to release shall rema

 

23.4 Notice of Pre-Arranged Release. The Releasing Shipper shall deliver a notice via Transporter's Interactive Internet Website of a pre-arranged release, and, in the case of a release to an Asset Manager (as defined in Section 23.22), su