MidContinent Express Pipeline LLC

Original Volume No. 1

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Effective Date: 04/10/2009, Docket: RP09-136-000, Status: Effective

Original Sheet No. 115 Original Sheet No. 115

 

GENERAL TERMS AND CONDITIONS

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(i) An Initial Open Season shall be

conducted so that the open season would end at least two (2) Business

Days before the date the firm capacity becomes available. Such

capacity may not be awarded, except as otherwise provided in this

Section 2.1 or Section 16 of these General Terms and Conditions,

until after an Initial Open Season has been conducted.

 

(ii) In any Initial Open Season, the

minimum posting and bidding period applicable to firm capacity

available for less than one (1) Year is from 9:00 a.m. to 2:00 p.m.

Central Clock Time on a Business Day and the minimum posting and

bidding period for firm capacity available for one (1) Year or longer

is four (4) Business Days, with the minimum posting periods each day

being from 9:00 a.m. to 2:00 p.m. Central Clock Time.

 

(iii) The posting for an Initial Open Season

shall include the following items:

 

(A) The bidding procedure to be

used, including an explanation of how bids are to be submitted, a bid

form, instructions for satisfying the request criteria under the

applicable rate schedule, and the complete bid evaluation criteria

consistent with this Section 2.1.

 

(B) The timetable for posting and

bidding, which timetable must be consistent with Section

2.1(b)(1)(ii).

 

(C) The location, duration and

amount of firm capacity to be covered by the Initial Open Season, and

the date on which such firm capacity will be available.

 

(D) Contingencies, if any, which

will be accepted in open season bids.

 

(E) Any other bid requirements,

conditions, criteria, restrictions or parameters.