Texas Eastern Transmission Corporation
Sixth Revised Volume No. 1
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Effective Date: 03/27/2000, Docket: RP00-535-000, Status: Suspended
Second Revised Sheet No. 464A Second Revised Sheet No. 464A : Suspended
Superseding: Sub First Revised Sheet No. 464A
GENERAL TERMS AND CONDITIONS
(Continued)
Matching Period of one (1) hour from 3:00 pm CT to 4:00 pm CT on the day
the Bid Period ends, or such later time as permitted by Customer's Notice,
to determine whether to match the "best bid" and to notify Pipeline of its
decision. Pipeline will post award and finalize all contractual
arrangements by 5:00 pm CT on the day the Matching Period ends, or if no
Matching Period, on the day the Bid Period ends or such later time as
permitted by Customer's Notice. Nominations for gas flow for the next gas
day may be submitted upon finalization of all contractual arrangements,
and such nominations will be processed in accordance with the nomination
and scheduling requirements of Section 4 of the General Terms and
Conditions; however, in no circumstance will gas flow prior to the
effective date of the release as specified in Customer's Notice.
(3) Timeline for non-standard releases
If Customer specifies a bid evaluation methodology other than those stated
in Section 3.14(F) or any special terms or conditions, the above timelines
shall apply; provided, however, one additional business day will be added
to the evaluation period. Subsequent deadlines will be delayed by such
additional business day, causing gas flow to occur at least one day later
than under the standard timelines set forth in Sections 3.14(B)(1) and
3.14(B)(2).
(C) Releases Not Subject to Bidding
For proposed capacity releases of a duration of thirty-one (31) days or less for
which Customer has obtained a Prearranged Customer and Customer elects not to
post such proposed capacity releases for bidding pursuant to Section 3.14(B), or
for proposed capacity releases of any duration for which Customer has obtained a
Prearranged Customer and the Prearranged Customer is paying the maximum rate and
all other terms and conditions of the release are met, Customer shall notify
Pipeline by providing the information pursuant to Section 3.14(D)(1), which
information will be posted by 9:00 am CT on the day nominations are due on the
LINK® System and by electronic data interchange as required by Section
3.14(D)(2); provided, however, through September 30, 2002, or any later date
established by the Commission, any proposed capacity release transaction with a
duration greater than thirty-one (31) days and less than one (1) year must be
posted for bidding regardless of the proposed rate. Pipeline will finalize all
contractual arrangements and tender contract with contract number by 10:00 am CT
on the day nominations are due. The Prearranged Customer must initiate
confirmation of prearranged deals electronically. Nominations for the next gas
day may be submitted upon the finalization of all contractual arrangements, and
such nominations will be processed in accordance with the nomination and
scheduling requirements of Section 4 of the General Terms and Conditions;
however, in no circumstance will gas flow prior