Vector Pipeline L.P.

Original Volume No. 1

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Effective Date: 06/01/2010, Docket: RP10-678-000, Status: Effective

First Revised Sheet No. 147 First Revised Sheet No. 147

Superseding: Original Sheet No. 147

 

(II) If the above does not break the tie,

identify again the Bid within each

remaining combination with the highest

Maximum Bid Volume and the highest volume

allocated to such Bid, and identify which

such Bid has the lowest Minimum Bid

Volume. Discard all combinations which do

not contain such Bid. If this does not

break the tie, repeat the above procedure

looking to the next highest Maximum Bid

Volume, with the lowest Minimum Bid

Volume, within each remaining combination

of Bid(s) with the Winning Bid Value; and

so forth, until the tie is broken or all

Bid(s) in the remaining combination are

reviewed.

 

(III) If the above does not break the tie,

identify again the Bid within each

remaining combination with the highest

Maximum Bid Volume. The combination

containing such Bid that QuickNom™ shows

was submitted and received earliest, the

time Transporter received the Bid) shall

be the winning combination. The next

highest Maximum Bid Volume within each

remaining combination shall be used as

necessary pursuant to the above first

come, first served rule to break any

remaining ties; and so forth as necessary

to break any remaining ties.

 

(IV) In no event shall the combination of

winning Bid(s) result in a total Bid Value

less than the highest possible total Bid

Value achievable from a combination of

Bid(s) consistent with the Bids, the

Capacity Release Request and this section

29.6.

 

(d) If a Release Request includes a Prearranged Bidder, then the

released transportation rights shall be awarded to the

Prearranged Bidder if its Bid either (i) is equal to or is

higher than the Bid with the greatest economic value under

the standard submitted by the Releasor, or (ii) has a rate

which is equal to or higher than the highest rate of the

Bids submitted by all other Bidders, or (iii) if the

Prearranged Bidder agrees to match any Bid having a greater

economic value or higher rate, as applicable, within the

time period provided by section 29.9.

 

(e) If only one Bidder has submitted a Bid, then the

transportation rights shall be awarded to that Bidder,

subject to any Prearranged Bidder's exercise of its right of

first refusal (matching) as set forth above.