Sea Robin Pipeline Company

First Revised Volume No. 1

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Effective Date: 12/01/1998, Docket: RP98-365-000, Status: Effective

Second Revised Sheet No. 74 Second Revised Sheet No. 74 : Superseded

Superseding: First Revised Sheet No. 74

GENERAL TERMS AND CONDITIONS

(Continued)

 

21.5(e) (continued)

 

(3) Prior to submitting a bid on a Temporary or Permenant Release of

capacity offered by a Releasing Shipper, the bidder must

request and execute an FTS

Agreement in the form set forth in this Tariff. A

potential bidder shall request an FTS

Agreement by submitting to Transporter on

SoNet a valid request form, in the format set forth in

Article 17 to these General Terms and Conditions.

Upon receipt of such request form,

Transporter and the bidder shall execute the FTS Agreement electronically through

SoNet, followed by written execution as soon as possible

thereafter. The terms of each winning bid shall be set

forth on an Addendum to the Acquiring Shipper's

FTS Agreement, if the release is temporary or as an

amendment if the release is permanent.

 

 

(f) Bidding Procedures: All bids on an Offer, except as provided in

Section 21.2(d) above, shall be transmitted electronically to

Transporter on SoNet in the standard form provided on SoNet.

Transporter shall date and time stamp all bids as they are

received. Transporter shall post for viewing by other parties

during the bid period all bids received on an Offer except that

Transporter will not post for viewing the names of the bidders.

A separate bid shall be submitted for each separate Offer on

which a bidder wishes to bid. The price bid on any Offer of

capacity must be submitted on a reservation charge basis unless

the Offer provides that bids may be submitted on a volumetric

rate basis.

 

All bids on Temporary Releases of capacity must be for the

specified firm Delivery Point/s and firm Receipt Point/s offered

or at those alternate points