Sea Robin Pipeline Company

First Revised Volume No. 1

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Effective Date: 06/01/1997, Docket: RP97-224-002, Status: Effective

Second Revised Sheet No. 69 Second Revised Sheet No. 69 : Superseded

Superseding: First Revised Sheet No. 69

GENERAL TERMS AND CONDITIONS

(Continued)

 

21.5 (a) (continued)

 

If the Releasing Shipper allows contingent bids to be submitted,

each bidder submitting a valid, contingent bid must notify

Transporter by the deadline set forth in the applicable timetables,

unless the Releasing Shipper specifies another deadline pursuant to

the foregoing procedures, that the contingency has been removed

and the bid is to remain eligible for processing. It is provided,

however, that the bidder does not have to notify Transporter of the

removal of the type of contingency set forth in Section 21.5 (f)(11)

since such contingency will be resolved during Transporter's

determination of the best bids.

 

(b) Offer of Firm Capacity: Pursuant to the schedules established in

Section 21.8 below, a Shipper desiring to release firm capacity shall

post on SoNet, on the standard form provided by Transporter on

SoNet an offer of firm capacity (hereinafter called "Offer"), except

as provided in Section 21.2(d) above. Transporter shall date and

time stamp all Offers as they are received and shall post such Offer

if it is complete unless the Releasing Shipper specifies a delayed

time and date for its Offer to be posted. In such event, Transporter

shall post the Offer at the time specified by the Releasing Shipper,

provided that such time does not conflict with the deadlines set

forth in Section 21.8 below. In the event two or more Releasing

Shippers wish to combine offers of capacity into one offer, the

capacity must be released for the same term and each Releasing

Shipper must appoint in writing or through SoNet, prior to posting

of such an offer, the same agent for purposes ofsubmitting

a joint offer. Once an Offer is posted, it may be

withdrawn by the Releasing Shipper at any time during

the bid period where unanticipated circumstances justify, but such

withdrawal must be made prior to the submission of any

eligible bids. The Releasing Shipper must notify

Transporter through SoNet of the change which necessitates the

withdrawal of its Offer and such notice shall be placed on SoNet to

notify all potential bidders of the withdrawal of the Offer.