Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-329-000, Status: Effective

Fourth Revised Sheet No. 139 Fourth Revised Sheet No. 139

Superseding: Third Revised Sheet No. 139

 

GENERAL TERMS AND CONDITIONS (cont'd)

 

19.9 Timeline for Capacity Releases (b)(i) (cont'd)

 

- open season ends no later than 1:00 P.M. on a

Business Day (evaluation period begins at 1:00 P.M.

during which contingency is eliminated, determination

of best bid is made, and ties are broken);

 

- evaluation period ends and award posting if no

match required at 2:00 P.M.;

 

- match or award is communicated by 2:00 P.M.;

 

- match response by 2:30 P.M.;

 

- where match required, award posting by 3:00 P.M.;

 

- contract issued within one hour of award posting

(with a new contract number, when applicable);

nomination possible beginning at the next available

nomination cycle for the effective date of the

contract. (Central Clock Time)

 

(ii) For biddable releases (more than 1 year):

 

- offers should be tendered by 12:00 P.M. four

Business Days before 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);

 

- evaluation period begins at 1:00 P.M. during which

contingency is eliminated, determination of best bid

is made, and ties are broken;

 

- evaluation period ends and award posting if no

match required at 2:00 P.M.;

 

- match or award is communicated by 2:00 P.M.;

 

- match response by 2:30 P.M.;

 

- where match required, award posting by 3:00 P.M.;

 

- contract issued within one hour of award posting

(with a new contract number, when applicable);

nomination possible beginning at the next available

nomination cycle for the effective date of the

contract. (Central Clock Time)