Vector Pipeline L.P.
Original Volume No. 1
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Effective Date: 06/01/2010, Docket: RP10-678-000, Status: Effective
Fourth Revised Sheet No. 148 Fourth Revised Sheet No. 148
Superseding: Third Revised Sheet No. 148
(f) If two or more Bidders have submitted Bids which reflect equal greatest
economic value or the highest rate, as applicable, then, subject to any
Prearranged Bidder's exercise of its right of first refusal, the released
transportation rights will be awarded on the basis of a lottery that is
limited to such Bidders, unless the Releasor has specified an alternative
means for awarding the released capacity as between two or more equal bids
("alternative tie breaker"). The winner of the lottery or alternative tie
breaker shall be awarded the transportation rights for which it has
submitted a Bid. Transporter will conduct the lottery or alternative tie
breaker in a non-discriminatory manner.
(g) When Transporter makes awards of capacity for which there have been
multiple bids meeting minimum conditions, Transporter shall award the bids,
best bid first, until all offered capacity is awarded.
(h) For information purposes only, Transporter shall post on QuickNom™ the
identity of the winning bidder and the terms of the successful bid.
7. Assignment of Transportation Rights to Replacement Shipper
(a) Prior to the commencement of service pursuant to the Release Request, and
not later than one (1) hour following notice to the Replacement Shipper by
Transporter of the award of capacity, Transporter shall prepare and
transmit to the successful Bidder a Confirmation Letter pursuant to the
Capacity Release Transactions Agreement stating the quantity, rates, term,
Maximum Receipt Quantities at all Primary Receipt Points and Maximum
Delivery Quantities at all Primary Delivery Points, governing rate
schedule, and any special terms and conditions for each awarded release.
Releasor's capacity rights will be modified to reflect that the Releasor
has released all or a portion of its transportation rights.
(b) Prior to the commencement of service pursuant to any Release Assignment,
the Replacement Shipper shall meet the creditworthiness standards set forth
in section 31 of the GT&C.
(a) Transporter shall bill Replacement Shipper based upon the rates, charges
and surcharges incorporated into the Confirmation Letter pursuant to the
Capacity Release Transactions Agreement. The commodity charges for the
Replacement Shipper will