Gulfstream Natural Gas System, L.L.C.
Original Volume No. 1
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Effective Date: 02/26/2009, Docket: RP09-297-000, Status: Effective
First Revised Sheet No. 181 First Revised Sheet No. 181
Superseding: Original Sheet No. 181
GENERAL TERMS AND CONDITIONS
(h) Open Bidding Process. Prospective Shippers wishing
to acquire capacity available for release ("Bidding
Shipper"), shall place a bid on 1LineSM for the
available capacity during the Posting Period. If such
bid is not expressly labeled contingent, such bid
shall be binding. The bid shall contain the
(1) The Bidding Shipper's legal name and the name,
title, address, phone number and e-mail address
of the individual who will authorize the
acquisition of the available capacity.
(2) The level of daily firm entitlements that the
Bidding Shipper requests and the minimum
quantity it will accept.
(3) The requested effective date and the term of
(4) The Bidding Shipper's bid, addressing all
criteria required by the Releasing Shipper.
The Bidding Shipper shall be entitled to
withdraw its bid either via 1LineSM or EDM,
prior to the end of the bidding period.
Bidding Shipper cannot withdraw its bid after
the Bidding Period ends. If Bidding Shipper
withdraws its bid, it may not resubmit a lower
bid. If Bidding Shipper submits a higher bid,
lower bids previously submitted by Bidding
Shipper will be automatically eliminated. A
Bidding Shipper may have only one valid bid
posted. Transporter shall post all information
provided by Bidding Shippers, except the
information provided in Section 26.1(h)(1),