Great Lakes Gas Transport, L.L.C.

Second Revised Volume No. 1

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Effective Date: 06/01/1997, Docket: RP97-157-004, Status: Effective

Second Revised Sheet No. 116 Second Revised Sheet No. 116 : Effective

Superseding: First Revised Sheet No. 116

 

GENERAL TERMS AND CONDITIONS

FOR TRANSPORTATION SERVICE

(cont'd)

 

 

10. CAPACITY ALLOCATION (cont'd)

 

(x) the minimum price, if any; any maximum/minimum rates

specified by the releasing Shipper should include the tariff

reservation rate and all demand surcharges as a total number

or stated separately;

 

(xi) the standard(s) to be utilized by Transporter for deter-

mining the best bid for the capacity to be released and for

selecting among more than one "best bid" (if different from

the standards set forth at Sections 10.5(a) and 10.5(b)

hereof), which standards must be objectively stated,

applicable to all Potential Shippers, and non-

discriminatory;

 

(xii) reput rights, if any; reput rights should be specified at

the time of the deal; reput method and rights are indivi-

dually negotiated between the Existing Shipper and Replace-

ment Shipper;

 

(xiii) whether volumetric bids or bids based upon other variants of

the rates applicable to the capacity to be released are to

be solicited;

 

(xiv) whether the Existing Shipper requests the assistance of

Transporter's Interstate Marketing Department in locating

Potential Shippers for the capacity to be released;

 

(xv) whether the Replacement Shipper will be required to enter

into an agreement with the Existing Shipper, and if so, a

description of the terms and conditions of such agreement;

and

 

(xvi) whether Potential Shippers may submit bids subject to con-

tingencies that extend beyond the posting period applicable

to the notice.