Sg Resources Mississippi, L.L.C

Original Volume No. 1

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Effective Date: 03/01/2008, Docket: RP08-184-000, Status: Effective

Original Sheet No. 118 Original Sheet No. 118 : Pending

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

SGRM will issue a contract within one hour of the award posting

(with a new contract number, when applicable). Nominations for

Gas flow are possible beginning at the next available nomination

cycle for the effective date of the contract. Such nominations

will be processed in accordance with the nomination and scheduling

requirements of Section 8 of the General Terms and Conditions;

however, in no circumstance will Gas flow prior to the effective

date of the release as specified in Releasing Customer's offer.

 

(b) For standard releases of one year or longer:

 

- Offers shall be tendered by 12:00 p.m. CCT four

Business Days before the award;

- The bid period shall end at 1:00 p.m. CCT on the

Day before timely nominations are due (open

season is three Business Days) or at 1:00 p.m.

CCT on any subsequent Business Day as specified

in Releasing Customer's offer, whichever is

elected by Releasing Customer;

- Evaluation period begins at 1:00 p.m. CCT on the

Day the bid period ends, during which contingency

is eliminated, determination of best bid is made,

and ties are broken;

- Evaluation period ends and award is posted if no

match is required at 2:00 p.m. CCT the same Day;

- If the Prearranged Replacement Customer's bid is

not the "best bid," SGRM shall allow such

Prearranged Replacement Customer a Matching

Period of thirty (30) minutes from 2:00 p.m. CCT

until 2:30 p.m. CCT on the Day the Bid Period

ends, or such later time as specified in the

Releasing Customer's offer, to determine whether

to match the "best bid" and to notify SGRM of its

decision.

- If a match is required, the award will be posted

by 3:00 p.m. CCT.

 

SGRM will issue a contract within one hour of the award posting

(with a new contract number, when applicable). Nominations for

Gas flow are possible beginning at the next available nomination

cycle for the effective date of the contract. Such nominations

will be processed in accordance with the nomination and scheduling

requirements of Section 8 of the General Terms and Conditions;

however, in no circumstance will Gas flow prior to the effective

date of the release as specified in Releasing Customer's offer.

 

(c) Timeline for Non-standard Releases. If Customer

specifies a bid evaluation methodology other than those stated in

Section 4.7 or specifies any special terms or conditions, the

above timelines shall apply; provided, however, one additional

Business Day will be added to the evaluation period. Subsequent

deadlines will be delayed by such additional Business Day, causing

Gas flow to occur at least one Day later than under the standard

timelines set forth in Sections 4.3(a) and 4.3(b).