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First Revised Sheet No. 49C First Revised Sheet No. 49C : Superseded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-

arranged Shipper.

 

(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

Questline.

 

(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withdrawn, the bidding Shipper may only submit a new bid for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(h) A bid may not be withdrawn after the close of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.