Overthrust Pipeline Company
First Revised Volume No. 1-A
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Effective Date: 02/12/2001, Docket: GT01- 7-000, Status: Effective
First Revised Sheet No. 49C First Revised Sheet No. 49C : Superseded
Superseding: Original Sheet No. 49C
GENERAL TERMS AND CONDITIONS
(b) A pre-arranged Shipper must post its bid for
the capacity on Questline. If the pre-arranged Shipper fails
to post its bid, the capacity will not be awarded to the pre-
(c) The identity of any bidding Shipper shall be
kept confidential. However, the amount of each bid received
by Overthrust during the bid period will be posted on
(d) Except as provided in (e), a bidding Shipper
may not bid a reservation charge or volumetric rate higher
than the maximum reservation charge or volumetric rate
specified on the Statement of Rates nor may the volume or the
term of the bid exceed the maximum volume or term specified by
the releasing Shipper.
(e) The rates that are bid and charged for released
capacity may exceed the otherwise applicable maximum rates to
the extent such rate ceilings have been waived for released
capacity transactions of less than one year. The maximum rate
ceiling was waived by Commission Order No. 637, issued
February 9, 2000, for short-term releases of capacity of less
than one year beginning March 26, 2000, extending through
September 30, 2002, pursuant to 18 C.F.R. § 284.8(i).
(f) A bidding Shipper submitting a contingent bid
must notify Overthrust and the releasing Shipper, via
Questline, when all contingencies have been met.
(g) A bidding Shipper may withdraw its bid prior to
the end of the bidding period. However, once a bid is
withdrawn, the bidding Shipper may only submit a new bid for
that released capacity at a higher rate.
(h) A bid may not be withdrawn after the close of
the bid period.