Mississippi River Transmission Corp.

Third Revised Volume No. 1

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Effective Date: 03/17/1999, Docket: RP98-404-003, Status: Effective

2nd Sub Original Sheet No. 99B 2nd Sub Original Sheet No. 99B : Superseded

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

5. PROCEDURES FOR REQUESTING SERVICE (Continued)

 

All postings made pursuant to this Section 5.9(c)(2) shall also

specify whether a silent auction or interactive auction procedure will

be utilized and the beginning and ending dates (after which time, new

bids may not be submitted) of a Bidding Period, or Open Season, for

the capacity, which period shall be for a minimum of:

 

(a) four (4) business hours ending no later than 2:00 p.m.

Central Clock Time for service offering(s) of 31 days

or less; or

 

(b) one business day for service offerings with a term of

more than 31 days but not greater than 92 days; or

 

(c) three (3) business days for service offerings with a

term of more than 92 days but not greater than 365 days;

or

 

(d) five (5) business days for service offerings with a term

greater than 365 days.

 

(3) Submission of Open Season Requests: All requests provided to

MRT during an Open Season held pursuant to Section 5.9(c)(2) shall be

submitted to MRT either electronically through the Electronic Bulletin

Board, designated internet site, or by facsimile. MRT will request

shippers to indicate whether they are willing to accept a prorata

allocation of capacity in the event MRT is unable to satisfy the full

request.

 

(4) Rejection of Open Season Requests: MRT will reject requests

for service that: (i) may detrimentally impact the operational

integrity of MRT's system; (ii) do not satisfy all the terms of the

specified posting; or (iii) do not meet MRT's creditworthiness

standards as set forth in Section 26 of these General Terms and

Conditions. MRT may reject requests that contain terms and conditions

other than those set forth in MRT's FERC Gas Tariff. In the event MRT

rejects a request, MRT will provide a detailed explanation to the

requesting customer and provide such requesting customer an

opportunity to amend its request, if applicable.