Centerpoint Energy - Mississippi River
Third Revised Volume No. 1
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Effective Date: 04/01/2003, Docket: RP00-410-003, Status: Effective
First Revised Sheet No. 99D First Revised Sheet No. 99D : Effective
Superseding: Fifth Substitute Original Sheet No. 99D
GENERAL TERMS AND CONDITIONS
5. PROCEDURES FOR REQUESTING SERVICE (Continued)
Notice of such other objective and nondiscriminatory factors that will
be considered shall be posted on MRT's Internet web site at the time MRT posts
notice of available firm capacity under Section 5.9(b). MRT shall not
consider revenues from unrelated services in the determination of incremental
revenues to MRT.
In its analysis, MRT will abide by Commission policy regarding the use
of negotiated rates for purposes of determining the Bid Value of a request
received during an Open Season. MRT shall only consider revenues generated by
the reservation rate and/or guaranteed throughput volumes, proposed by the
Bidder(s). For purposes of its evaluation, MRT will consider the aggregate
of two or more requests for service and award the available capacity to the
request or combination of requests that results in the highest incremental
revenues to MRT.
If the capacity to be allocated to the highest bidder would not result
in awarding all of the available capacity, then MRT, subject to the provisions
herein, will award the remaining capacity to the next highest bidder(s) until
all of the capacity has been awarded or until all valid bids above MRT's
reserve rate have been accepted.
For any capacity awarded pursuant hereto, the successful bidder(s) and
MRT will execute a new service agreement or amendment prior to the
commencement of service which confirms the terms of the accepted bid(s) for
the available capacity.
(f) Posting of Successful Bidders: Upon a determination of the
Successful Bid(s), if any, and in any event, as soon as practicable, but no
later than ten (10) days after the close of the Open Season process and
prior to gas flow, MRT shall post a notice on its Internet web site
identifying the successful bidder(s) and bid(s), if any, along with the Bid
Value analysis employed in determining the successful bid, and shall provide
the actual calculation of the Bid Value with sufficient clarity to permit
bidders to duplicate the results.
(g) Binding Nature of Bids: Bids received during an Open Season
may be withdrawn prior to the end of the posted Open Season period, provided,
however, that a Bidder may not withdraw a bid and resubmit a bid with a lesser
value. Bids that are not withdrawn before the end of the posted Open Season
period are binding.