Pine Prairie Energy Center, LLC
Original Volume No. 1
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Effective Date: 09/01/2007, Docket: RP07-563-000, Status: Effective
Original Sheet No. 117 Original Sheet No. 117 : Effective
GENERAL TERMS AND CONDITIONS
(Continued)
PPEC will issue a contract within one hour of the award posting
(with a new contract number, when applicable). Nominations for
Gas flow are possible beginning at the next available nomination
cycle for the effective date of the contract. Such nominations
will be processed in accordance with the nomination and scheduling
requirements of Section 8 of the General Terms and Conditions;
however, in no circumstance will Gas flow prior to the effective
date of the release as specified in Releasing Customer's offer.
(b) For standard releases of one year or longer:
- Offers shall be tendered by 12:00 p.m. CCT four Business
Days before the award;
- The bid period shall end at 1:00 p.m. CCT on the Day
before timely nominations are due (open season is three
Business Days) or at 1:00 p.m. CCT on any subsequent
Business Day as specified in Releasing Customer's offer,
whichever is elected by Releasing Customer;
- Evaluation period begins at 1:00 p.m. CCT on the Day the
bid period ends, during which contingency is eliminated,
determination of best bid is made, and ties are broken;
- Evaluation period ends and award is posted if no match
is required at 2:00 p.m. CCT the same Day;
- If the Prearranged Replacement Customer's bid is not the
"best bid," PPEC shall allow such Prearranged Replacement
Customer a Matching Period of thirty (30) minutes from
2:00 p.m. CCT until 2:30 p.m. CCT on the Day the Bid
Period ends, or such later time as specified in the
Releasing Customer's offer, to determine whether to
match the "best bid" and to notify PPEC of its decision.
- If a match is required, the award will be posted by
3:00 p.m. CCT.
PPEC will issue a contract within one hour of the award posting
(with a new contract number, when applicable). Nominations for
Gas flow are possible beginning at the next available nomination
cycle for the effective date of the contract. Such nominations
will be processed in accordance with the nomination and scheduling
requirements of Section 8 of the General Terms and Conditions;
however, in no circumstance will Gas flow prior to the effective
date of the release as specified in Releasing Customer's offer.
(c) Timeline for Non-standard Releases. If Customer
specifies a bid evaluation methodology other than those stated in
Section 4.7 or specifies any special terms or conditions, the
above timelines shall apply; provided, however, one additional
Business Day will be added to the evaluation period. Subsequent
deadlines will be delayed by such additional Business Day, causing
Gas flow to occur at least one Day later than under the standard
timelines set forth in Sections 4.3(a) and 4.3(b).