Sabine Pipe Line Company

Second Revised Volume No. 1

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Effective Date: 07/31/1993, Docket: RS92- 78-003, Status: Effective

Original Sheet No. 261 Original Sheet No. 261 : Superseded

 

 

10.7 Submittal of Bids

 

Prior to bidding on any Offer to Release Capacity, a

bidder must prequalify by satisfying the credit

worthiness requirements in Subsection 10.13 and by

executing a Form of Service Agreement Applicable to

Temporary Firm Transportation Service Pursuant to Award

of Released Capacity and have secured a Bidder

Prequalification Number. All bids for capacity shall

be transmitted via mail or telefax to Sabine on the

release form provided by Sabine. Sabine shall date and

time stamp all bids as they are received. A separate

bid is required for each separate Releasing Shipper's

Offer. The price bid on any Offer to Release Capacity

must be submitted on a reservation rate basis or on a

volumetric basis calculated at the 100% load factor

derivative of the Maximum Reservation Rate. Any

volumetric bids should only relate to the reservation

rate, since the usage rate used to determine the usage

charges and any other volumetric charges will be billed

by Sabine directly to the Replacement Shipper and will

not be considered in the determination of the best bid.

All bids on Temporary Releases of capacity must be for

the specified Receipt and Delivery Points set forth in

the Releasing Shipper's offer. Any Prequalified

Bidder submitting a bid for all or part of any released

capacity shall provide the specific information in the

following form: