Overthrust Pipeline Company
First Revised Volume No. 1-A
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Effective Date: 03/18/1999, Docket: RP98-406-000, Status: Effective
Second Revised Sheet No. 41 Second Revised Sheet No. 41 : Superseded
Superseding: First Revised Sheet No. 41
GENERAL TERMS AND CONDITIONS
(f) Any other conditions applicable to the accep-
tance of the service.
7.2 Bidding for Capacity. A Shipper desiring to
obtain the firm capacity from Overthrust must submit a bid
for the service according to the procedures outlined in this
7.3 Qualifications for Bidding. Any party wishing to
become a bidding Shipper must prequalify by satisfying the
creditworthiness provisions and the EBB access and signatory
requirements of this tariff prior to submitting a bid for
7.4 Bid Period. Overthrust's bid period for firm
capacity will begin on the day available capacity is posted
on the EBB and will be administered as described below.
(a) The initial bid period will be held from 8:00
a.m. on the day available capacity is posted on the EBB
until 12:00 noon Mountain Time on the eighth business day
prior to the end of the month. Shippers desiring to submit
a bid for service must do so prior to 12:00 noon on the
eighth business day prior to the end of the month. The
rate, term and present value of each bid received during the
initial bid period will be shown on Overthrust s EBB as
received. However, the identity of the bidding shipper
shall be kept confidential.
(b) If no competing bids are received for the
same available capacity on Overthrust's system, the board
will close at 12:00 noon. If competing bids are received,
Overthrust will post notification of the competing bids on
its EBB on or before 12:30 p.m. Shippers submitting
competing bids will have one opportunity between 12:30 p.m.
and 2:00 p.m. to post an updated bid that equals or exceeds
the highest bid, according to 7, received between 8:00
a.m. and 12:00 noon.
(c) If no bids are updated between 12:30 p.m. and
2:00 p.m., the board will close at 2:00 p.m. and the bid