Great Lakes Gas Transport, L.L.C.
Second Revised Volume No. 1
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Effective Date: 05/01/1998, Docket: RP98-174-000, Status: Effective
Second Revised Sheet No. 124 Second Revised Sheet No. 124 : Effective
Superseding: First Revised Sheet No. 124
GENERAL TERMS AND CONDITIONS
FOR TRANSPORTATION SERVICE
11. PROCEDURES FOR AVOIDANCE OF PREGRANTED ABANDONMENT (cont'd)
(a) Point(s) of Receipt and Point(s) of Delivery,
(b) the specific quantity available under the terminated contract,
(c) the date of expiration,
(d) the current maximum rate applicable to the terminated service.
11.3 Bidding Procedure
Until the last day of the fifth (5th) calendar month following the
month in which Transporter faxes a notice pursuant to Subsection 11.2,
Transporter will accept bids from Potential Shippers on Transporter's
approved Bidder List, as described in Subsection 10.4(a) of these
General Terms and Conditions. Bids may be submitted by Potential
Shippers to Transporter via Transporter's Web Site or via fax
transmission between 10:00 a.m. and 2:00 p.m., central clock time.
Transporter will post bids received by fax transmission on its Web
Potential Shippers may revise their bids during the posting
period. Transporter may reject any bid which would require Trans-
porter to discount below a rate and for a discount period not agree-
able to Transporter. A bid will be rejected by Transporter unless the
Potential Shipper remits a prepayment equal to one (1) month's pre-
payment of all fixed charges based upon the Potential Shipper's
requested rate(s) and the desired contract quantity. If such Poten-
tial Shipper's bid is accepted by Transporter and is not matched by
the Existing Shipper, then, upon commencement of service, the pre-
payment shall be credited to such Potential Shipper's initial invoice
for such service rendered. If such Potential Shipper's bid is not
considered a "best bid" or if the Potential Shipper fails to satisfy
all of Transporter's tariff provisions governing Shipper eligibility,
Transporter will refund the Potential Shipper's prepayment.
The Potential Shipper's prepayment will not be refunded if the
Potential Shipper withdraws its bid or fails to execute a service
agreement with respect to the service bid upon within ten (10) days of
the date Transporter tenders such service agreement to the Potential
Shipper for execution.
Transporter will accept bids from Potential Shippers with respect
to a quantitative portion of Shipper's contract quantity.