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