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
9. CAPACITY RELEASE (continued)
determination of the best bid is made, and ties
- The evaluation period ends and award is posted
if no match is required at 2:00 p.m. CT the
- The match or award is communicated by 2:00
- 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).