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
15.15 QUALIFICATION FOR PARTICIPATION IN THE CAPACITY
(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.