Enbridge Offshore Pipelines (Utos) LLC
FIFTH REVISED VOLUME NO. 1
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Effective Date: 08/01/2009, Docket: RP09-815-000, Status: Effective
Third Revised Sheet No. 144 Third Revised Sheet No. 144
Superseding: Substitute Second Revised Sheet No. 144
GENERAL TERMS AND CONDITIONS
(Continued)
(i) At Releasing Shipper's option and in lieu of UTOS
implementing the "best bid" determination stated in
subsection 17.7, Releasing Shipper may specify in the
Release Proposal one of the following bid evaluation
methodologies: (1) highest rate, (ii) net revenue, or
(iii) present value. A Release Proposal submitted
specifying one of these methods maybe accorded the
timeline treatment described in Section 17.5.
However, the Releasing Shipper may choose another bid
evaluation method, but this request shall be accorded
the timeline treatment described in Section 17.5 only
at the discretion of UTOS. Such bid evaluation
methods shall be objectively stated, applicable to all
Replacement or Prearranged Shippers and not unduly
discriminatory and shall enable UTOS to rank the bids
received by utilizing the weight assigned by Releasing
Shipper to each element of the Releasing Shipper's
Notice;
(j) Whether contingent bids will be accepted and if so,
for what time period each contingent bidder will be
allowed to eliminate the contingency; and, if not
eliminated, all details concerning the evaluation of
other bids, including the time period when the next
highest bidder will be obligated to acquire the
capacity; and
(k) Any additional terms and conditions of releases that
are objective and non-discriminatory (e.g., any tie-
breaking methodology, agency agreement requirements,
limiting reassignment, changing Point(s) of Delivery,
or precluding reassignment of a release without notice
to and consent of the releasor, or indemnification
agreement requirements.) In all cases, however,
Releasing Shipper's specified bid evaluation method
must be set forth with sufficient specificity that
UTOS' evaluation of the bids to determine the "best
bid" is a purely ministerial matter that does not
require any discretionary exercise of judgment by
UTOS.
(l) If Releasing Shipper does not desire immediate posting
of its Release Proposal or bids received, Releasing
Shipper shall provide the posting date and time, so
long as the receipt date of such Release Proposal or
bid is no more than thirty (30) Days prior to the
requested posting date, and so long as the requested
posting date comports with Section 17.5.