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. 112 Original Sheet No. 112
GENERAL TERMS AND CONDITIONS
11.4 Posting Requirements for Capacity Releases Not Subject to Bidding.
For proposed capacity releases of a duration of thirty-one (31) Gas
Days or less for which the Releasing Shipper has obtained a
Prearranged Shipper and the Releasing Shipper elects not to post such
capacity releases pursuant to GT&Cs Section 11.3(a)(1), such
information will be posted on the Pipeline's Internet Web Site as
required by GT&Cs Section 11.3(a)(1). Contractual arrangements for
releases not subject to bidding shall be processed in the same time
period as those releases subject to bidding.
11.5 Allocation of Released Capacity.
(a) Pipeline shall select the Best Bid as defined in GT&Cs
Section 11.5(d) from among the bids received. However,
if more than one bidder submits the Best Bid, the first
bidder in time, shall be selected and posted as the Best
Bid, unless the Releasing Shipper specifies another tie-
breaking methodology in the Releasing Shipper's Notice.
Notwithstanding the foregoing, if a Prearranged Shipper
matches the highest bid, that Prearranged Shipper's bid
shall be deemed the Best Bid. Pipeline may reject any
bid that is less than the maximum rate.
(b) In the event a contingent bid is submitted pursuant to
GT&Cs Section 11.2(l), the Replacement or Prearranged
Shipper submitting the contingent bid shall have one
hour from 2:00 p.m. CCT to 3:00 p.m. CCT on the day the
Bid Period ends to eliminate the contingency or withdraw
its bid. If the Replacement or Prearranged Shipper
fails to notify Pipeline that the contingency is not
eliminated within such time, such contingent bid shall
be deemed rejected by Pipeline for failure to eliminate
the contingency in accordance with the releasing