Kinder Morgan Louisiana Pipeline LLC

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-257-000, Status: Effective

Original Sheet No. 115 Original Sheet No. 115

 

GENERAL TERMS AND CONDITIONS

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(ii) The posting requirements and minimum

posting and bidding periods for an Additional Open Season shall be the

same as for an Initial Open Season under Section 2.1(b)(1), except

that KMLP will post any additional items necessary to comply with this

Section 2.1(b)(3).

 

(iii) In the Additional Open Season, KMLP may

make firm capacity specified in the posting available only for a

specified term or range of terms, which limitation must be included in

the posting.

 

(iv) In the Additional Open Season, bids may

be on a Negotiated Rate or Negotiated Rate Formula basis to the extent

specified in the posting. KMLP may limit the form of Negotiated Rate

or Negotiated Rate Formula submitted, in which case that limitation

must be reflected in the posting. Bids may always be submitted in the

basic rate design then in effect on KMLP's System at the applicable

maximum rate.

 

(v) KMLP may, but is not required to,

establish a reserve price or reserve price matrix in an Additional

Open Season, consistent with Section 2.1(c)(5) of these General Terms

and Conditions.

 

(4) SPREADSHEETS

 

Contemporaneous with posting of an open

season, KMLP shall make available (subject to reasonable user

requirements) electronic spreadsheets setting out the analyses which

will be used to determine the winning bid(s), in a format which will

allow the user to calculate net present value.

 

(5) CONDITIONS ON REQUESTS AND BIDS

 

This subsection sets out conditions applicable

to all requests and bids for firm capacity. KMLP shall reject any

request or bid for service which may detrimentally impact the

operational integrity of KMLP's System (if KMLP rejects a bid or

request on this basis, it will provide a written explanation of the

operational basis for this action); which does not satisfy all the

terms of an applicable posting or tariff provision and/or does not

provide all the information required by the posting or tariff

provision; which contains terms and conditions other than those in

KMLP's Tariff and/or any applicable posting; which would not

constitute a valid request under the applicable rate schedule (it