Markwest New Mexico, L. L. C.
Second Revised Volume No. 1
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Effective Date: 03/01/2009, Docket: RP09-242-000, Status: Effective
First Revised Sheet No. 137 First Revised Sheet No. 137
Superseding: Original Sheet No. 137
(b) Releasing Shipper shall post the Shipper Notice on the Web
Site. Offers should be binding until written or electronic
notice of withdrawal is received by Transporter. The
releasing party has the right to withdraw its offer during
the bid period, where unanticipated circumstances justify
and no minimum bid has been made.
(c) When a Releasing Shipper presents a PRS that is on the
approved bidders list, such Replacement Shipper initiates
confirmations of prearranged deals electronically as a
prerequisite to the awarding of the Shipper Notice.
(d) The terms Releasing Shipper imposes may not conflict with
any provision of the Transportation Agreement, Rate Schedule
or General Terms and Conditions. In the event of such
conflict, Transporter may withdraw the Shipper Notice from
posting.
20.3 Exceptions to Bidding
(a) The following pre-arranged releases are exempt from the
bidding process set forth in Section 20.4 herein: (i)
releases to an asset manager as defined by FERC regulations
at 18 C.F.R. Section 284.8; (ii) releases to a marketer
participating in a state-regulated retail access program as
defined by FERC regulations at 18 C.F.R. Section 284.8;
(iii) releases for more than one year at the maximum rate;
and (iv) releases with terms of thirty-one (31) days or
less, except rollovers. All other capacity releases shall
be subject to the bidding process set forth in Section 20.4.