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.