Horizon Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 07/01/2003, Docket: RP03-396-000, Status: Effective

Original Sheet No. 193D Original Sheet No. 193D : Effective

 

GENERAL TERMS AND CONDITIONS

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15.15 QUALIFICATION FOR PARTICIPATION IN THE CAPACITY

RELEASE PROGRAM

 

(a) Any person wishing to become a Qualified Bidder and

make a Qualified Bid must satisfy the creditworthiness requirements

in Section 13 of these General Terms and Conditions prior to

submitting a Qualified Bid under this Section 15. A person cannot bid

for services which exceed its pre-qualified level of credit-

worthiness. Horizon shall process--and encourages--applications from

potential Qualified Bidders seeking prequalification for bids they

may make in the future.

 

(b) Credit applications shall be completed in full with

all information required to establish creditworthiness under the

credit criteria included in Section 13 of these General Terms and

Conditions. Should a potential bidder fail to satisfy such credit

criteria, the potential bidder may still become a Qualified Bidder by

providing a prepayment, letter of credit, security interest or

guarantee satisfactory to Horizon as further set forth in Section 13

of these General Terms and Conditions.