Cameron Interstate Pipeline, LLC
Original Volume No. 1
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Effective Date: 11/01/2008, Docket: RP08-647-000, Status: Effective
Original Sheet No. 70 Original Sheet No. 70
GENERAL TERMS AND CONDITIONS
(continued)
4.6 Bid Tiebreaker. If Pipeline determines that two or more bidders have
both submitted bids with the highest NPV, the tied bidders shall
submit another round of bids within a timeframe established by
Pipeline. The successful bidder shall be the bidder with the highest
NPV after one additional round of bids. Additional bids shall not be
lower than the original bids. If bids are still tied after a second
round of bids, then the capacity shall be shared pro rata.
4.7 Open Seasons for Proposed Expansions. Pipeline may hold open
seasons in connection with construction of facilities, and may also
conduct periodic open seasons for the purpose of evaluating market
interest in expanding and/or extending Pipeline's transportation
system. In conjunction with possible expansion of Pipeline's
transportation system, Pipeline will also solicit offers for the
permanent relinquishment of firm transportation capacity, which
would reduce the need for additional facilities required for such
expansion. Procedures and criteria for such solicitations of
capacity will be developed prior to the event and posted on the
Pipeline's Internet Web Site.
4.8 Subject to this Section 4, upon the termination of a Service
Agreement for firm or interruptible service, Pipeline will have all
necessary authority to abandon or terminate such service without any
requirement to make application with the Commission for such
authority.
5. NOMINATION PROCEDURE
5.1 Timely Nomination Cycle. The standard nomination timeline is as
follows: 11:30 a.m. for nominations leaving control of the
nominating party; 11:45 a.m. for receipt of nominations by Pipeline
(including from Title Transfer Tracking Service Providers
("TTTSPs"); noon to send Quick Response; 3:30 p.m. for receipt of
completed confirmations by Pipeline from upstream and downstream
connected parties; 4:30 p.m. for receipt of scheduled quantities by
Shipper and point operator (CCT on the Gas Day prior to flow).