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.
126.96.36.199 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