Sea Robin Pipeline Company, LLC

Second Revised Volume No. 1

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Effective Date: 02/23/2009, Docket: RP09-249-000, Status: Effective

First Revised Sheet No. 154 First Revised Sheet No. 154

Superseding: Original Sheet No. 154

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

9. CAPACITY RELEASE (Continued)

 

(1) For biddable releases (1 Year or less)

 

On a Business Day

 

12:00 p.m. Time by which Releasing Shipper shall post

the Shipper Notice on the Messenger®

system

 

1:00 p.m. Bidding period ends

Evaluation period begins during which

contingency is eliminated, determination

of best bid is made and ties are broken

 

2:00 p.m. Evaluation period ends and award posting

if no match required

Match or award is communicated

 

2:30 p.m. Match response is due

 

3:00 p.m. Award posting where match is required

 

(2) For biddable releases (more than 1 Year)

 

The timeline is the same as biddable releases for 1

Year or less except that the Releasing Shipper shall

post the Shipper Notice on the Messenger® system by

12:00 p.m. four (4) Business Days before the award.

Open season ends no later than 1:00 p.m. on the

Business Day before timely nominations are due (open

season is three Business Days).

 

(3) Timeline for Releases with Special Conditions

 

If the Releasing Shipper specifies a bid evaluation

methodology other than highest rate, net revenue or

present value, or a permanent release or any other

special conditions, the above timelines shall apply;

provided, however, one additional Business Day will be

added to the evaluation period. Such extended evaluation

period shall cause gas flow to be at least one Day later

than gas could flow under the timeline set forth in

Section 9.4(b)(1) or Section 9.4(b)(2).