Gulf South Pipeline Company L P
Sixth Revised Volume No. 1
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Effective Date: 01/01/2008, Docket: RP08- 77-000, Status: Effective
Fifth Revised Sheet No. 3607 Fifth Revised Sheet No. 3607 : Effective
Superseding: Fourth Revised Sheet No. 3607
GENERAL TERMS AND CONDITIONS
Section 29
(Continued)
(d) If the releasing Customer specifies a bid evaluation
methodology other than highest rate, net revenue or
present value, the above timeline for evaluating bids
and awarding capacity shall not apply. Gulf South
shall use the following timeline for such non-
qualifying releases:
Term of Service Bid Period
< 1 Month 24 Hours
> 1 Month and < 3 Months 2 Business Days
> 3 Months and < 1 Year 5 Business Days
> 1 Year 10 Business Days
Once the Replacement Customer has been determined by
the bid process, the Replacement Customer must
execute a service agreement within two (2) business
days of its tender by Gulf South. Such tender may be
made by telecopy. If the Replacement Customer fails
or refuses to execute the service agreement within
two (2) business days of tender, Replacement Customer
shall forfeit all right and entitlement to the
subject released capacity. If a Replacement Customer
fails to timely execute a service agreement as
required herein the Releasing Customer's release
notice shall be withdrawn from the Internet Web Site.
In such case, if the Releasing Customer still desires
to release any or all of the subject capacity, it
must submit a new release notice for posting on the
Internet Web Site in accordance with all procedures
and requirements of this Section 29.
(2) If there are multiple bids meeting the minimum
conditions, Gulf South shall rank the bids and award
the capacity, best bid first, until all offered
capacity is awarded.