Carnegie Interstate Pipeline Company
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
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