Carnegie Interstate Pipeline Company

Original Volume No. 1

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Effective Date: 01/01/1995, Docket: CP93-552-003, Status: Effective

Original Sheet No. 92 Original Sheet No. 92 : Effective

Superseding: Original Sheet No. 92

GENERAL TERMS AND CONDITIONS

(Continued)

 

11.2 (Continued)

 

(b) Within five (5) days of notice of

termination of Customer's firm long-term

agreement, CIPCO shall post on its electronic

bulletin board at least twelve (12) months but

no more than twenty-four (24) months prior to

the proposed termination of a firm long-term

agreement, as specified in Section 11.2(a), the

following information:

 

(1) the termination date of such

Customer's Service Agreement;

 

(2) the specific quantity

available under the Service Agreement to be

terminated;

 

(3) the current maximum rate

applicable to the service to be terminated;

 

(4) primary Receipt Point(s) and

primary Delivery Point(s), if applicable.

 

(c) The deadline for the submission of

bids from potential customers who desire service

to be provided in whole or in part by the

capacity to be made available upon termination

of a firm long-term agreement shall be the last

day of the fifth month following the month in

which CIPCO posts an applicable notice pursuant

to Section 11.2(b). To be a valid bid, a bid

must comply with the bid requirements of Section

11.2(d). At the close of such bidding period,

CIPCO shall post on its electronic bulletin

board the terms and conditions of all bids

received pursuant to a notice of termination,

including whether no bids were received. CIPCO

shall select among the valid bids the "Best

Bid(s)", as determined pursuant to Section

11.2(e), and shall forward such Best Bid(s) to

the Customer whose firm long-term agreement is

being terminated by CIPCO. If such Customer

elects to match, as determined by Section

11.2(f), the Best Bid(s), such Customer shall be

entitled to retain its capacity and continue to

receive service under a Service Agreement that

reflects the matching