Enbridge Offshore Pipelines (Utos) LLC
FIFTH REVISED VOLUME NO. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 08/01/2009, Docket: RP09-815-000, Status: Effective
First Revised Sheet No. 140 First Revised Sheet No. 140
Superseding: Original Sheet No. 140
GENERAL TERMS AND CONDITIONS
(Continued)
(b) Within seven (7) Days following receipt of the
particulars forwarded by UTOS pursuant to subsection
16.9(a), the Existing Shipper may match the highest
bid(s) for the capacity by submitting a binding
written offer to UTOS, by mail or facsimile, to accept
the reservation charge and transaction term provisions
of the highest bid(s), for the amount of capacity
covered by the bid(s) that the Existing Shipper wishes
to retain, provided, however, that in order to retain
the capacity, the Existing Shipper need not match a
proposed transaction term in excess of 20 years in
duration. If the Existing Shipper matches the highest
bid(s), then the affected capacity shall be retained
by that shipper, and UTOS shall execute a
Transportation Agreement with the Existing Shipper
that contains the reservation charge, transaction
term, and other acceptable provisions of its matching
bid. If, following exercise of the Existing Shipper's
right of first refusal, the capacity that remains
available is greater than the capacity requested in
the highest Qualified Bid, then capacity shall be
awarded to such highest bid. The same procedure shall
be followed for the Qualified Bid with the next
highest Net Present Value. Such awards of available
capacity shall continue until the award of capacity to
a Qualified Bid with the next highest Net Present
Value would cause the remaining available capacity to
be exceeded. UTOS shall execute a Transportation
Agreement with any Qualified Bidder that is awarded
capacity, containing the reservation charge,
transaction term, and other acceptable provisions of
its Qualified Bid.
16.10 Continuation of Service Under Existing Agreement. Upon
completion of the posting, competitive bidding, and right of
first refusal procedures of this Section 16, if there is
remaining capacity under the existing Transportation
Agreement between UTOS and the Existing Shipper, and UTOS
and the Existing Shipper have not otherwise agreed on terms
for continued firm service that are different than the terms
in the existing Transportation Agreement, and neither UTOS
nor the Existing Shipper has given notice, or subsequently
gives notice, of termination of the existing Transportation
Agreement pursuant to the terms of that Agreement, then the
existing Agreement shall continue to apply to the remaining
capacity from year to year, in accordance with its terms,
provided, however, if no bids were received for the capacity
under the existing Transportation Agreement, then the
Existing Shipper, upon its written agreement to pay the
maximum reservation charge, may retain such capacity for
such additional fixed period as it designates and, at the
end of such additional fixed period, again exercise a right
of first refusal under this Section 16 for such capacity.
UTOS reserves the right to initiate the posting, competitive
bidding, and right of first refusal procedures of this
Section 16 in advance of any successive extension of the
existing Transportation Agreement.