Maritimes & Northeast Pipeline, L.L.C.

First Revised Volume No. 1

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Effective Date: 01/01/2009, Docket: RP09-73-000, Status: Effective

Fifth Revised Sheet No. 252 Fifth Revised Sheet No. 252

Superseding: Fourth Revised Sheet No. 252

 

GENERAL TERMS AND CONDITIONS

(continued)

 

9. CAPACITY RELEASE (continued)

 

determination of the best bid is made, and ties

are broken.

- The evaluation period ends and award is posted

if no match is required at 2:00 p.m. CT the

same day.

- The match or award is communicated by 2:00

p.m. CT.

- If the Prearranged Customer's bid is not the

"best bid," Pipeline shall allow such

Prearranged Customer a Matching Period thirty

(30) minutes from 2:00 p.m. CT to 2:30 p.m. CT

on the day the Bid Period ends to determine

whether to match the "best bid" and to notify

Pipeline of its decision.

- If a match is required, Pipeline will post the

award by 3:00 p.m. CT.

- Pipeline will issue a contract within one hour

of the award posting (with a new contract

number, when applicable).

 

Nominations for gas flow are possible beginning

at the next available nomination cycle for the

effective date of the contract. Such nominations

will be processed in accordance with the

nomination and scheduling requirements of

Sections 5 and 6 of the General Terms and

Conditions; however, in no circumstances will gas

flow prior to the effective date of the release

as specified in Releasing Customer's Notice.

 

(3) Timeline for Non-Standard Releases. If the

Releasing Customer specifies a bid evaluation

methodology other than highest rate, net revenue

or present value or any other special terms or

conditions, the above timeline 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 9.3(a)(1)

or Section 9.3(a)(2).