U-T Offshore System, L.L.C.
Third Revised Volume No. 1
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Effective Date: 06/01/1997, Docket: RP97-146-001, Status: Effective
Original Sheet No. 60A Original Sheet No. 60A : Superseded
GENERAL TERMS AND CONDITIONS
(k) Any additional terms and conditions of releases that are objective and
non-discriminatory (e.g., any tie-breaking methodology, agency agreement
requirements, limiting reassignment, changing Point(s) of Delivery, or
precluding reassignment of a release without notice to and consent of the
releasor, or indemnification agreement requirements.) In all cases,
however, Releasing Shipper's specified bid evaluation method must be set
forth with sufficient specificity that U-TOS' evaluation of the bids to
determine the "best bid" is a purely ministerial matter that does not
require any discretionary exercise of judgment by U-TOS.
(l) If Releasing Shipper does not desire immediate posting of its Release
Proposal or bids received, Releasing Shipper shall provide the posting
date and time, so long as the receipt date of such Release Proposal or bid
is no more than thirty (30) days prior to the requested posting date, and
so long as the requested posting date comports with Section 17.5.
17.5 Posting of Release Proposals. Completed Release Proposals that conform to the
requirements of subsection 17.4 of this Section 17 shall be posted on U-TOS'
Electronic Delivery Mechanism in accordance with the following procedures:
(a) Posting With No Prearranged Transaction or With Long-Term Prearranged