Centerpoint Energy - Mississippi River

Third Revised Volume No. 1

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Effective Date: 04/01/2003, Docket: RP00-410-003, Status: Effective

Second Revised Sheet No. 171 Second Revised Sheet No. 171 : Effective

Superseding: First Revised Sheet No. 171

GENERAL TERMS AND CONDITIONS

(Continued)

 

14. CAPACITY RELEASE (Continued)

 

(b) Upon a satisfactory credit appraisal by MRT, the Potential

Bidder shall become an Approved Bidder.

 

(c) MRT will maintain an Approved Bidders list in its business

office and on its Internet web site.

 

(d) Any Approved Bidder desiring to submit a bid for a Release

Offer must transmit its bid for posting to MRT's Internet web site

during the applicable bid periods as set forth in Section 14.4 above.

After review by MRT and deletion of the Approved Bidder's identity and

the affiliate and/or agent information described in Section 14.6(d)(v)

below, MRT will post the bid on its Internet web site. All bids for

released capacity are subject to the terms and conditions set forth

below. Submission of a bid to MRT shall constitute the Approved

Bidder's agreement to pay MRT the applicable rates and charges posted in

the Release Offer and any additional charges applicable under this

tariff (including, but not limited to, charges for utilization of

secondary points), and to abide by the terms and conditions of this

tariff, as on file and in effect from time to time.

 

(i) All bid prices must comply with the requirements of

the Release Offer and be made in increments of cents equal to

those set forth in MRT's currently effective tariff rates.

 

(ii) All bids are binding. Approved Bidders may withdraw

their bids during the applicable posting period if MRT receives

electronic notice of withdrawal via the Internet prior to the

close of the period; however, any Approved Bidder withdrawing its

bid shall not submit a new bid for the same Release Offer at a

rate lower than its previous, withdrawn bid. If a bid is not

withdrawn, any subsequent bid received by MRT from the same

Approved Bidder for the same Release Offer will be invalid.

 

(iii) Bids may contain any contingencies or conditions, but

any contingencies or conditions must be fully described including

the last date by which the bid shall be null and void if such

contingency or condition does not occur.

 

(iv) Bids outside of the posting period specified in the

posted Release Offer or bids that do not comply with the Release

Offer and the terms and conditions herein will be deemed invalid.