Pinnacle Pipeline Company
ORIGINAL VOLUME NO. 1
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Effective Date: 10/08/2003, Docket: RP04-102-001, Status: Effective
Original Sheet No. 141 Original Sheet No. 141 : Effective
include the required bid information and
must be received and posted electronically
through the Web Site. Bids shall be posted
on the Web Site with any contingencies
identified and with the bidder's identity
deleted.
(d) A bidder may submit only one bid at a time
in response to a Shipper Notice. A bidder
may withdraw its bid through the Web Site
at any time prior to the close of the
posting period specified in the Shipper
Notice without prejudice to its submitting
another bid with an economic value equal to
or greater than the economic value of the
withdrawn bid.
(e) Where there is a PRS and an offer which is
better than the bid submitted by the PRS,
Transporter will notify the PRS by 2:00
p.m. CCT on the day capacity is awarded
and the PRS will have until 2:30 p.m. to
match the better offer and obtain the right
to the released capacity. In the event the
PRS does not match the better bid,
Transporter shall award the capacity to the
party who made the best bid.
(f) Bids shall be binding until written or
electronic notice of withdrawal is received
by Transporter. Bids cannot be withdrawn
after the bid period ends.
(g) In the event that a winning bid has an
unacceptable contingency, and Transporter
is not notified through the Web Site that
such contingency has been removed within
the time period specified in the Shipper
Notice, such contingent bid will be
rejected by Transporter.
(h) The Releasing Shipper may define in the
Shipper Notice the criteria for determining
the best bid. If the Releasing Shipper
does not specify the criteria, Transporter
shall use the highest economic value to
determine the best bid. If there are
multiple bids meeting the minimum