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. 106 Original Sheet No. 106
GENERAL TERMS AND CONDITIONS
(continued)
(i) whether bids should be submitted in dollars and cents or
percentages of maximum tariff rate;
(j) the bid evaluation method which shall be, at the Releasing
Shipper's option, either one of the following three standard
evaluation methods: highest rate, net revenue or present
value; or alternative Releasing Shipper defined bid
evaluation methods pursuant to GT&Cs Section 11.2(k);
provided, however, that Pipeline shall not be required to
process the capacity release using the standard process
timeline should the Releasing Shipper elect an alternative
method of bid evaluation;
(k) at the Releasing Shipper's option and in lieu of Pipeline
implementing the Best Bid determination stated in GT&Cs
Section 11.5, the Releasing Shipper may state the bid
evaluation method. Such bid evaluation method shall be
objectively stated, applicable to all Replacement or
Prearranged Shippers and not unduly discriminatory, shall
enable Pipeline to rank the bids received by utilizing the
weight assigned by the Releasing Shipper to each element of
the Releasing Shipper's Notice, and shall include Releasing
Shipper's tie-breaking methodology if other than first-
bidder-in-time;
(l) 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;
(m) expiration of Matching Period if other than as specified in
GT&Cs Section 11.3; Releasing Shipper shall not be allowed
to specify an extension of the original Bid Period or the
Prearranged deal Matching Period without posting a new
release;
(n) The Primary Delivery Point(s) associated with the release,
the firm capacity to which cannot exceed one hundred percent
(100%) of the Releasing Shipper's MDTQ; and
(o) any additional terms and conditions of releases that are
objective and non-discriminatory.