Kinder Morgan Interstate Gas Transmission LLC

Fourth Revised Volume No. 1-B

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Effective Date: 06/17/2001, Docket: RP01-422-000, Status: Effective

First Revised Sheet No. 53C First Revised Sheet No. 53C : Effective

Superseding: Original Sheet No. 53C

 

GENERAL TERMS AND CONDITIONS - continued

 

 

(g) If the Releasing Shipper selected a bid evaluation

procedure which is different from the procedure set forth in this

Section 23.10, which procedure must comply with Section 23.5,

Transporter 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 23.5(a).

 

23.11 CONFIRMATIONS; RELEASED FIRM TRANSPORTATION AGREEMENT

 

At the time the award of capacity under this Section 23 is

posted, Transporter 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 Transporter

awarding capacity on a Prearranged Release, the Prearranged Shipper

shall confirm electronically the terms of the Prearranged Release.

 

23.12 COMPLETED TRANSACTIONS

 

By 5:00 p.m. Central Clock Time after capacity has been

awarded, Transporter shall post on its Interactive Web Site 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 Transporter of any error in the award of capacity within one

business day after such posting on Transporter's Interactive Web Site.

In the event of an error, the capacity shall be reawarded by

Transporter. As between Transporter and the Releasing Shipper, the

Releasing Shipper shall indemnify and hold Transporter harmless as to

any costs, damages or expenses relating to the bid evaluation

procedure for which timely notice of an error was not provided to

Transporter by the Releasing Shipper hereunder. Transporter shall

correct an error in a timely fashion after receiving notice of such

error from the Releasing Shipper or another person.