Sea Robin Pipeline Company
First Revised Volume No. 1
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Effective Date: 03/27/2000, Docket: RP00-431-000, Status: Effective
Third Revised Sheet No. 72 Third Revised Sheet No. 72 : Superseded
Superseding: Second Revised Sheet No. 72
GENERAL TERMS AND CONDITIONS
(Continued)
21.5(d) (continued)
basis, (iii) the date and time the Offer was posted on
SoNet, and (iv) the date and time in which the bid period
ends.
(d) Prearranged Bidders: A Releasing Shipper must post in its
Offer for a term of one month or more any "Prearranged Bid"
to be made on the firm capacity offered for release.
However, the "Prearranged Bidder" must also meet all of the
requirements established for bidders pursuant to Section
21.5(e)-(g) below. A Prearranged Bidder must also post its
bid in accordance with Section 21.5(f) below except as
provided in Section 21.2(d) above. If the Prearranged
Bidder tenders a bid for the offered capacity at the maximum
reservation charge applicable to the Releasing Shipper's
service and the waiver of the maximum rate on short-term
(less than one year) releases until September 30, 2002 is
not applicable to the release, for the full volume, capacity
and term offered by the Releasing Shipper, and the
Prearranged Bidder satisfies all of the requirements of
Section 21.5(e)-(g) below, the Prearranged Bid will be
deemed the "best bid." Transporter shall thereafter post on
SoNet the identity of the Prearranged Bidder, and the terms
upon which the capacity was released.
In all other situations, the Prearranged Bid shall
constitute the minimum bid price for all other bidders, and
shall be posted on the Offer as such. If Transporter does
not receive any better bid by the date on which all bids are
due, the Prearranged Bid shall be deemed the best bid. If
Transporter does receive a better bid by the date on which
all bids are due, the Prearranged Bidder shall have the
right to match the terms of the better bid by the deadline
specified in Section 21.8 below. If the Prearranged Bidder
matches the better bid, the Prearranged Bidder shall be
deemed to have made the best bid.
(e) Prequalified Bidder Requirement: