Gulf South Pipeline Company L P
Sixth Revised Volume No. 1
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Effective Date: 03/01/2009, Docket: RP09-301-000, Status: Effective
First Revised Sheet No. 3602 First Revised Sheet No. 3602
Superseding: Original Sheet No. 3602
GENERAL TERMS AND CONDITIONS
Section 29
(Continued)
i) whether contingent bids will be accepted and,
if so, the period within which the Potential
Customer must eliminate the contingency;
j) whether volumetric bids will be accepted and
specifying the method to rank competing
volumetric and reservation charge bids if
applicable. Gulf South shall support
volumetric releases with volumetric commitments
by fully accounting for volumetric and
reservation components, consistent with the
rules and regulations enunciated by the
Commission;
k) whether the release is to an Asset Manager and,
if so, the Asset Manager's obligation to
deliver gas to, or purchase gas from, the
Releasing Customer;
l) whether the release is to a Retail Access
Marketer; and
m) any other information necessary to describe the
capacity release transaction in accordance with
the NAESB Capacity Release Dataset.
(2) RESERVED FOR FUTURE USE
(3) Notice by Gulf South
a) Unless a capacity release transaction qualifies
for an exemption from the bidding requirements,
all capacity release transactions are subject
to posting and bidding requirements. Gulf
South shall post offers and bids including
prearranged deals, upon receipt unless the
Releasing Customer requests otherwise. If a
Releasing Customer requests a posting time,
Gulf South shall support such a request insofar
as it comports with the standard timeline set
forth in Section 29.1(C)(1).
The terms and conditions of all releases shall
be posted on Gulf South's Internet Web Site as
soon as possible, but not later than the first
nomination after the release transaction
commences including such information for
releases that are exempt from bidding.
Gulf South shall not be required to post a
release notice on the Internet Web Site until
the notice complies with Section 29.1(B)(1).
Prior to the Bid Period, the Releasing Customer
may submit to Gulf South a pre-arranged bid for
capacity to be released. The pre-arranged bid
shall then be posted on Gulf South's Internet
Web Site until the expiration of the bid
period. A Potential Customer shall have the
opportunity during the Bid Period to