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

Fifth Revised Sheet No. 292 Fifth Revised Sheet No. 292

Superseding: Fourth Revised Sheet No. 292

 

GENERAL TERMS AND CONDITIONS (Continued)

 

24. PIPELINE SERVICE OBLIGATIONS (Continued)

 

solicit bids for the released firm capacity. Such bids must be

tendered to Transporter within thirty (30) days of such posting in

accordance with the procedures specified in Section 10 of these

General Terms and Conditions. Such bids must include, at a

minimum, the information specified in Subsection 24.4.3. Shippers

may submit more than one bid for the released capacity and may

submit bids any time during the thirty (30) day posting period.

Transporter will post all such bids via an electronic

communication mechanism, exclusive of the Bidders' names.

 

24.4.2.1 Upon expiration of the thirty (30) day bidding

period, Williston Basin will have twenty (20) days to

perform an analysis to determine the best offer.

 

24.4.3 A bona fide bid for released firm capacity may be

submitted in accordance with Subsection 7.6 of these General Terms

and Conditions via an electronic communication mechanism.

Potential Shipper(s) not submitting bids for released firm

capacity via an electronic communication mechanism must submit

bids using an alternate method acceptable to Transporter, i.e.,

facsimile, mail or hand-delivery. Bids submitted using such

alternate method must be tendered on the Uncommitted Capacity Bid

Form provided on Transporter's Website under Other Information.

All bids must meet the creditworthiness and prepayment

requirements contained in Subsections 7.7 and 10.4.4 of these

General Terms and Conditions, respectively.

 

24.4.4 At the close of the bidding process, Transporter shall

determine which bid constitutes the best offer by determining

which bid provides the highest economic