Markwest New Mexico, L. L. C.
Second Revised Volume No. 1
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Effective Date: 08/01/2008, Docket: RP08-409-000, Status: Effective
Original Sheet No. 140 Original Sheet No. 140 (3) Timeline for Releases with Special Conditions If the Releasing Shipper specifies a bid evaluation methodology other than highest rate, net revenue or present value, or a permanent release or any other special conditions, the above timelines shall apply; provided, however, one additional Business Day will be added to the evaluation period. Such extended evaluation period shall cause Gas flow to be at least one day later than Gas could flow under the timeline set forth in Section 20.4(b)(1) or Section 20.4(b)(2). (c) All bids must be expressed in dollars and cents or percents of maximum rate, whichever is stated in the Shipper Notice, include the required bid information and must be received and posted electronically through the Web Site. Bids shall be posted on the Web Site with any contingencies identified and with the bidder's identity deleted. (d) A bidder may submit only one bid at a time in response to a Shipper Notice. A bidder may withdraw its bid through the Web Site at any time prior to the close of the posting period specified in the Shipper Notice without prejudice to its submitting another bid with an economic value equal to or greater than the economic value of the withdrawn bid. (e) Where there is a PRS and an offer which is better than the bid submitted by the PRS, Transporter will notify the PRS by 2:00 p.m. CCT on the day capacity is awarded and the PRS will have until 2:30 p.m. to match the better offer and obtain the right to the released capacity. In the event the PRS does not match the better bid, Transporter shall award the capacity to the party who made the best bid.