Mid Louisiana Gas Company
Third Revised Volume No. 1
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Effective Date: 09/01/1993, Docket: RS92- 20-004, Status: Effective
Original Sheet No. 121 Original Sheet No. 121 : Effective
(b) Following the posting of information pursuant to
Paragraph 7.4(a), Potential Customers may submit bids
for the capacity that shall become available pursuant to
Paragraph 7.3. A Potential Customer may submit a bid on
Pipeline's EBB system; provided, however, that in order
to be considered a bona fide bid, such Potential
Customer must submit a bid in writing and such bid must
be executed by a party authorized to sign contractual
agreements on behalf of Potential Customer within three
days of submitting such bid on the EBB system. In order
to be considered a bona fide bid, Potential Customer
must satisfy all Pipeline tariff provisions governing
Customer eligibility, including Pipeline's credit
requirements as set forth in Section 26 of Pipeline's
General Terms and Conditions, and must submit to
Pipeline a prepayment equal to one (1) month's
reservation charge based on Potential Customer's bid.
Such prepayment shall be refunded within thirty (30)
days to all Potential Customers that do not submit the
"Best Bid" as set forth in Paragraph 7.4(c). Pipeline
may reject all bids below the maximum rate for the
applicable service.
(c) Bids from Potential Customers who desire, in whole or in
part, the capacity to be made available upon the
termination of the long-term firm Service Agreement must
be received by Pipeline no later than thirty (30) days
before the effective date of the termination of the
Service Agreement noticed pursuant to Paragraph 7.3(b)
hereof. At the close of the bidding period, Pipeline
shall select from among