Williston Basin Interstate Pipeline Co.

Second Revised Volume No. 1

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Effective Date: 05/11/2009, Docket: RP09-506-000, Status: Effective

Eighth Revised Sheet No. 232C Eighth Revised Sheet No. 232C

Superseding: Seventh Revised Sheet No. 232C

 

GENERAL TERMS AND CONDITIONS (Continued)

 

10. ALLOCATION OF UNCOMMITTED CAPACITY (Continued)

 

by each successful potential Shipper at such point(s) to the

total capacity requested by all successful potential

Shippers at such point(s).

 

10.4.3 All successful requests or bids for uncommitted firm

capacity are binding. Transporter's offer to provide service

shall be null and void if the successful Shipper either fails to

execute the tendered Service Agreement the earlier of one (1) hour

prior to the timely nomination deadline on the last business day

prior to the requested commencement of service or two (2) business

days following submittal of such Service Agreement to Shipper by

Transporter if such Service Agreement is in Transporter's Standard

Form of Service Agreement as set forth in this Tariff or within

thirty (30) days following submittal of such Service Agreement to

Shipper by Transporter if such Service Agreement contains

provisions other than those contained in Transporter's Standard

Form of Service Agreement as set forth in this Tariff. If

Transporter's offer to provide service is deemed null and void,

Transporter will then award the capacity to the Shipper with the

next highest net present value per unit of demand, calculated in

accordance with Subsection 10.4 of these General Terms and

Conditions, if that request or bid is acceptable to Transporter.

If Transporter finds no other request or bid acceptable, capacity

shall be posted again via an electronic communication mechanism

and thereby made available for new requests.

 

10.4.4 Firm transportation and storage service requests, bids

and pre-arranged Service Agreements require a prepayment. This

prepayment shall be equal to the lesser of $10,000, or one month's

maximum reservation charge. Such prepayment shall be applied to

amounts due Transporter for services rendered once service

commences or refunded following the determination by Transporter

that it is unable to provide the service requested by potential

Shipper. The prepayment also shall be refunded if Shipper

withdraws its request or bid prior to the end of the bidding

period. If such successful potential Shipper withdraws its

request or bid after the end of the bidding period or fails to

execute a Service Agreement tendered by Transporter, the

prepayment shall be forfeited to Transporter.

 

10.4.4.1 If a Shipper does not have an executed Service

Agreement or has not provided sufficient credit as required

in Subsection 7.7 of these General Terms and Conditions by

the end of the bidding period, Shipper shall provide the

prepayment prior to the end of the bidding period.