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);