Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 09/01/2005, Docket: RP05-454-000, Status: Effective

Second Revised Sheet No. 130 Second Revised Sheet No. 130 : Effective

Superseding: First Revised Sheet No. 130

 

GENERAL TERMS AND CONDITIONS (cont'd)

 

19.6 Offer and Bid Procedures (e)(i) - (cont'd)

 

creditworthiness, the bidder may still be

prequalified if it provides one of the credit

alternatives set forth in Rates Schedule FT-1

or FT-2. If a party does not qualify as a

prequalified bidder pursuant to this

subsection 19.6(e), the party cannot bid on a

RELEASING SHIPPER's Offer.

 

(ii)The Transportation Service Provider (TSP)

should provide the original releasing

shipper with Internet E-mail notification

reasonably proximate in time with any of the

following formal notices given by the TSP to

the releasing shipper's replacement

shipper(s), of the following:

 

(1) Notice to the replacement shipper

regarding the replacement shipper's past

due, deficiency, or default status

pursuant to the TSP's tariff;

 

(2) Notice to the replacement shipper

regarding the replacement shipper's

suspension of service notice;

 

(3) Notice to the replacement shipper

regarding the replacement shipper's

contract termination notice due to

default or credit-related issues; and

 

(4) Notice to the replacement shipper that

the replacement shipper(s) is no longer

creditworthy and has not provided credit

alternative(s) pursuant to the TSP's

tariff.

 

(iii) Prior to submitting a bid on a Permanent

Release of capacity offered by a RELEASING

SHIPPER, the bidder must submit to

Transporter a valid Service Request Form for

the released capacity on which the bidder

intends to submit a bid.