Canyon Creek Compression Company
Third Revised Volume No. 1
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Effective Date: 09/24/2001, Docket: RP01-515-000, Status: Effective
Second Revised Sheet No. 161 Second Revised Sheet No. 161 : Effective
Superseding: First Revised Sheet No. 161
GENERAL TERMS AND CONDITIONS
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(g) If the Releasing Shipper selected a bid
evaluation procedure which is different from the procedure set
forth in this Section 16.10, which procedure must comply with
Section 16.5, Canyon shall determine the winning Qualified Bid(s)
pursuant to the Releasing Shipper's bid evaluation procedure in
its Capacity Release Request and computer diskette (if any)
submitted by the Releasing Shipper pursuant to Section 16.5(a).
16.11 CONFIRMATIONS; RELEASED FIRM COMPRESSION AGREEMENT
At the time the award of capacity under this Section
16 is posted, Canyon shall send the winning Qualified Bidder or
the Prearranged Shipper confirmation of the capacity release
awarded to such Qualified Bidder or Prearranged Shipper. Prior to
Canyon awarding capacity on a Prearranged Release, the Prearranged
Shipper shall confirm electronically the terms of the Prearranged
Release.
16.12 COMPLETED TRANSACTIONS
By 5:00 p.m. Central Clock Time after capacity has
been awarded, Canyon shall post on the Informational Postings
portion of its Interactive Website the name(s) of the winning
Qualified Bidder(s), identification of the winning Qualified
Bid(s) and any minimum bid conditions held confidential during the
open season. The Releasing Shipper is responsible for reviewing
the Qualified Bids to ensure that the released capacity was
correctly awarded. The Releasing Shipper shall notify Canyon of
any error in the award of capacity within one business day after
such posting on the Interactive Website. In the event of an error,
the capacity shall be reawarded by Canyon. As between Canyon and
the Releasing Shipper, the Releasing Shipper shall indemnify and
hold Canyon harmless as to any costs, damages or expenses claimed
by third parties relating to the bid evaluation procedure for
which timely notice of an error was not provided to Canyon by the
Releasing Shipper hereunder. Canyon shall correct an error after
receiving notice of such error from the Releasing Shipper or
another person.