Great Lakes Gas Transport, L.L.C.
Second Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 05/01/1998, Docket: RP98-174-000, Status: Effective
Second Revised Sheet No. 120 Second Revised Sheet No. 120 : Effective
Superseding: First Revised Sheet No. 120
GENERAL TERMS AND CONDITIONS
FOR TRANSPORTATION SERVICE
(cont'd)
10. CAPACITY ALLOCATION (cont'd)
(c) Unless its bid is matched by a Prearranged Shipper, the released
capacity shall be allocated to the Potential Shipper submitting
the "best bid." If more than one Potential Shipper submits bids
that each qualifies as a "best bid," the released capacity will
be allocated to the Potential Customer who submitted the "best
bid" first in time, unless a different tie-breaking method is
specified by the Existing Shipper.
(d) Transporter shall begin evaluating bids at 2:00 p.m., central
clock time, on the day before nominations are due, and the eva-
luation period shall continue until 3:00 p.m., central clock
time, that day. Any contingencies in bids must be satisfied
during that evaluation period. If there have been multiple bids
meeting minimum conditions, Transporter will award the bids, best
bid first, until all the offered capacity is awarded.
Transporter shall communicate the match or award to the winning
bidder and to any Prearranged Shipper with a right to match by
3:00 p.m., central clock time, that day. The Prearranged Shipper
must communicate to Transporter its desire to match the winning
bid by 4:00 p.m., central clock time, that day. Transporter will
post the award on the Web Site by 5:00 p.m., central clock time,
that day.
10.6 Tendering and Execution of Service Agreements
Transporter shall deliver by 10:00 a.m., central clock time, the day
of nomination such service agreements (including contract number) to
the Potential Shipper or Prearranged Shipper as are necessary to
effectuate the release transaction. Transporter must receive the
executed service agreement before it is required to accept a
nomination. In the event all necessary service agreements are not
executed by the Potential Shipper or Prearranged Shipper and returned
to and received by Transporter by 11:00 a.m., central clock time, on
the day of nomination, the allocation of the released capacity to said
Potential Shipper or Prearranged Shipper shall be nullified. In such
event, the capacity shall be offered to the Potential Shipper