Overthrust Pipeline Company

First Revised Volume No. 1-A

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Effective Date: 02/12/2001, Docket: GT01- 7-000, Status: Effective

Seventh Revised Sheet No. 49 Seventh Revised Sheet No. 49 : Superseded

Superseding: Sixth Revised Sheet No. 49

GENERAL TERMS AND CONDITIONS

 

(i) A roll-over of a pre-arranged release for a

term of 31 days or less. Capacity may not be re-released to

the same replacement Shipper, without a bid period, until 28

days after the first-release period has ended. Offers for such

releases shall be tendered by 1:00 p.m. Central Clock time on

the day before nominations are due. The bidding period will

close at 2:00 p.m. Central Clock Time. Bids received by 2:00

p.m. Central Clock Time will be evaluated by 3:00 p.m. Central

Clock Time that same day. Overthrust will notify Shippers by

3:00 p.m. Central Clock Time whether (1) capacity will be

awarded or (2) matching bids have been received. Shippers

with matching bids shall have until 4:00 p.m. Central Clock

Time to increase their bid. Capacity will be awarded and

posted on Questline by 5:00 p.m. Central Clock Time the day

before nominations are due. A contract will be tendered with

contract number by 10:00 a.m. Central Clock Time on the day

nominations are due.

 

(ii) Offers for releases for a term of 31 days

or less that have not been pre-arranged shall be tendered by

1:00 p.m. Central Clock Time on the day before nominations are

due. The bidding period shall end no later than 2:00 p.m.

Central Clock Time. Bids received by 2:00 p.m. Central Clock

Time will be evaluated by 3:00 p.m. Central Clock Time that

same day. Overthrust will notify Shippers by 3:00 p.m.

Central Clock Time whether (1) capacity will be awarded or (2)

matching bids have been received. Shippers with matching bids

shall have until 4:00 p.m. Central Clock Time to increase

their bid. Capacity will be awarded and posted on Questline

by 5:00 p.m. Central Clock Time. If the releasing Shipper

indicated that it will accept bids that are subject to

contingencies or specified its own evaluation criteria,

releases for 31 days or less will be finalized within the

shortest possible time frame after posting. A contract will

be tendered with contract number by 10:00 a.m. Central Clock

Time on the day nominations are due.

 

(iii) Releases for a term greater than 31

days, but less than 5 months with no special terms or

conditions, shall be processed as described below.

 

An offer to release capacity shall be

tendered no later than 1:00 p.m. Central Clock Time on the day

before nominations are due. The bidding period will close at

2:00 p.m. Central Clock Time on the day before nominations are