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).