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. 210 Original Sheet No. 210
GENERAL TERMS AND CONDITIONS
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(6) Agreement that the Qualified Bidder is bound
by the terms and conditions of the capacity award by MEP pursuant to
this Section 14 to the Qualified Bidder, including MEP's standard
form of Agreement covering the Rate Schedule applicable to the
released capacity and the terms and conditions of the Qualified Bid
and the Capacity Release Request, in accordance with MEP's Tariff.
(b) The volume in a Qualified Bid may not be less than
the minimum volume required for an Eligible Firm Transportation
Agreement under MEP's Tariff. Neither the volume nor the release term
specified in a Qualified Bid may exceed the maximum volume or term
specified in a Capacity Release Request, unless the Capacity Release
Request specifically allows otherwise. A Qualified Bidder must accept
all the terms and conditions of a Capacity Release Request submitted
under Section 14.4 (involving a Prearranged Release) except for the
level of the reservation charge and the MDQ and/or Point MDQ, unless
the Capacity Release Request specifically allows otherwise.
(c) Except as provided herein, for releases for a term
of more than one (1) year, a Qualified Bidder may not bid rates which
would exceed MEP's maximum reservation charge applicable to the
Eligible Firm Transportation Agreement capacity. If the Releasing
Shipper is paying a Negotiated Rate or a rate under a Negotiated Rate
Formula pursuant to Section 30 of these General Terms and Conditions,
a Qualified Bidder may not bid a rate which exceeds the higher of:
(i) the rate under the Negotiated Rate or Negotiated Rate Formula in
the Releasing Shipper's contract; or (ii) the applicable Recourse
Rate. The maximum Qualified Bid reservation charge includes all
demand surcharges, including all direct-billed charges which are or
may become applicable to the Eligible Firm Transportation Agreement
capacity. Notwithstanding the foregoing, a release of Leased
Capacity may not be at a rate which exceeds the Leased Capacity
Charges in effect from time to time.
(d) All Qualified Bids shall provide for payment of
maximum commodity charges under MEP's Tariff for the capacity bid, as
well as all other applicable add-on charges and surcharges under
MEP's Tariff, such as, but not limited to, ACA, Fuel Gas and
Unaccounted For Gas.