Southern LNG Inc.

Original Volume No. 1

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Effective Date: 03/01/2010, Docket: RP10-271-000, Status: Effective

First Revised Sheet No. 86 First Revised Sheet No. 86

Superseding: Original Sheet No. 86

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(10) if bids on a volumetric rate basis are acceptable, whether the volume bid is

a minimum daily commitment for billing purposes (i.e., the Acquiring

Customer's monthly bill and the Releasing Customer's monthly credit will be

no less than the volume bid multiplied by the volumetric rate bid multiplied

by the number of days in the month that the release was in effect);

 

(11) whether contingent bids may be submitted and the deadline for removing any

such contingencies;

 

(12) pursuant to the provisions of Section 16.6(a), any extensions in the

deadlines established in Section 16.6(a);

 

(13) the economic criteria, if any, to be utilized by Southern LNG in determining

the "best bid" (these criteria to be (i) objectively stated, (ii) applicable

to all bidders, and (iii) nondiscriminatory);

 

(14) a non-discriminatory tie breaker, if any, to be utilized in determining the

"best bid" in the event two or more bids generate equal revenues;

 

(15) if capacity is released under a Firm Rate Schedule:

 

(A) the Delivery Point(s) at which released and the Point Code(s);

 

(B) the Receipt Point(s) at which released and the Point Code(s);