Texas Eastern Transmission, L P

Seventh Revised Volume No. 1

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Effective Date: 01/01/2009, Docket: RP09-70-000, Status: Effective

Original Sheet No. 532A Original Sheet No. 532A

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(i) For biddable releases, the bid evaluation method which

shall be, at Customer's option, one of the following

three standard evaluation methods: highest rate, net

revenue or present value; or an alternative Customer

defined bid evaluation method; provided, however,

such alternative Customer defined bid evaluation

method shall be applicable to all Replacement or

Prearranged Customers, not unduly discriminatory and

must be set forth with sufficient specificity that

Pipeline's evaluation of the bids to determine the

"best bid" is a purely ministerial matter that does

not require any discretionary exercise of judgment by

Pipeline; in addition, Customer must specify the Tie

Break Method that Pipeline will apply to award

capacity among multiple bids that yield the same

value;

(j) whether contingent bids may be submitted, and, if so,

the date by which each contingent bidder will be

required to satisfy or eliminate the contingency if

Releasing Customer elects to allow the bidder

additional time beyond the time period specified in

Section 3.14(B) to satisfy or eliminate the

contingency;

(k) if Customer does not desire immediate posting of

Customer's Notice or bids received, Customer shall

provide the desired later posting date and time,

insofar as it comports with Section 3.14(B),