Centerpoint Energy - Mississippi River
Third Revised Volume No. 1
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Effective Date: 02/25/2009, Docket: RP09-262-000, Status: Effective
Eighth Revised Sheet No. 167 Eighth Revised Sheet No. 167
Superseding: Substitute Seventh Revised Sheet No. 167
GENERAL TERMS AND CONDITIONS
(Continued)
14. CAPACITY RELEASE (Continued)
14.4 Procedure and Schedule for the Submission of Release Offers for
Posting and Bid on MRT's Internet Web Site
(a) The schedule set forth in (b) and (c) below for the capacity
release process is applicable to any party participating in a capacity
release if:
(i) all information relating to the Release Offer
provided by the parties to the release is valid;
(ii) any potential bidder is deemed to be an Approved
Bidder pursuant to Section 14.6(a) and (b);
(iii) there are no special terms and conditions of the
release offer;
(iv) the Release Offer contains one of the following
bid evaluation and award methodologies: Highest Rate, Net
Revenue, Present Value; and
(v) there is no request to establish new or
additional segment primary points in the Release Offer.
Release Offers not in compliance with the conditions set forth herein
will be processed according to the schedule set forth at Section
14.4(g).
(b) For biddable releases (one (1) year or less):
(i) offers should be tendered by 12:00 p.m. CT on any
business day;
(ii) open season ends no later than 1:00 p.m. CT on a
business day (evaluation period begins at 1:00 p.m. during which
contingency is eliminated, determination of best bid is made, and
ties are broken);