Empire Pipeline, Inc.

Original Volume No. 1

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Effective Date: 12/10/2008, Docket: CP06-5-010, Status: Effective

Original Sheet No. 170 Original Sheet No. 170

 

GENERAL TERMS AND CONDITIONS

 

 

12. CAPACITY RELEASE (Cont'd.)

 

 

For biddable releases (1 year or more):

- offers should be tendered by 12:00 P.M. four Business

Days before award;

- open season ends no later than 1:00 P.M. on the Business

Day before timely nominations are due (open season is

three Business Days);

- evaluation period begins at 1:00 P.M. during which

contingency is eliminated, determination of best bid is

made and ties are broken;

- evaluation period ends and award posting is no match

required at 2:00 P.M.;

- match or award is communicated by 2:00 P.M.; match

response by 2:30 P.M.;

- where match required, award posting by 3:00 P.M.;

- contract issued within one hour of award posting (with a

new contract number, when applicable); nomination

possible beginning at the next available nomination cycle

for the effective date of the contract. (Central Clock

Time)