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
(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
(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.