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. 3603 First Revised Sheet No. 3603

Superseding: Original Sheet No. 3603

 

GENERAL TERMS AND CONDITIONS

Section 29

(Continued)

 

 

increase its bid through submission of revised

bids. Revised bids shall be posted on the

Internet Web Site and shall supersede a prior

bid by the Potential Customer. Revised bids

may be submitted until the expiration of the

Bid Period. A Potential Customer may also

withdraw a bid prior to the end of the Bid

Period.

 

b) The Releasing Customer's notice shall be

binding, until written or electronic notice of

withdrawal is received by Gulf South. A

Releasing Customer may withdraw the released

capacity at any time prior to the close of the

Bid Period where unanticipated circumstances

justify and no minimum bid has been made.

 

c) All bids for released capacity may be entered

on the Internet Web Site directly by a

potential shipper, or shall be posted promptly

upon receipt by Gulf South. The information

concerning each bid shall include the rate, the

volume or capacity, the term of the bid and any

other factors or conditions that accompanied

the bid provided, however, that the name of the

bidder shall not be disclosed. This procedure

shall also apply to prearranged bids.

 

d) Releases of 31 Days or Less

 

(i) A Releasing Customer may release

eligible capacity to a pre-arranged

Customer without bidding for any period

of 31 days or less; provided, however,

a Releasing Customer may not roll over,

extend, or in any way continue the

release to the same Replacement

Customer using this bidding exemption

until 28 days after the first release

period has ended.