Enbridge Pipelines (AlaTenn) L. L. C.

FOURTH REVISED VOLUME NO. 1

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Effective Date: 09/01/2005, Docket: RP05-442-000, Status: Effective

Original Sheet No. 137A Original Sheet No. 137A : Effective

 

GENERAL TERMS AND CONDITIONS (continued)

 

(d) Bidding will be an iterative process in that a Bidder may

submit any number of bids during the Bidding Period for such

rights; provided that each new submission of a bid for such

rights by such Bidder shall constitute the withdrawal of any

immediately proceeding bid by such Bidder for such released

transportation rights. The purpose of this provision is to

ensure that a Bidder may not have more than one bid in

contention at the same time for such transportation rights.

If a Bidder withdraws its bid by submitting a new bid, such

new bid must be at a higher rate than such Bidder's

immediately proceeding rate. Bids are binding until written

or electronic notice of withdrawal is received by

Transporter or the capacity release service provider. A

Bidder retains the right to withdraw its bid until the close

of the Bidding Period, however, a bid cannot be withdrawn

after the bid period ends.

 

(e) Bids shall contain the following information:

 

i) the identity of the Bidder;

 

ii) Bidder's Released Transportation Service Contract

number.

 

iii) the Release Request number to which the Bid relates or

numbers, in the case where capacity packages posted by

two or more different release Shippers are acceptable

to a bidder.

 

iv) the bid rate(s) expressed as a dollar amount or as a

percentage, that the Bidder is willing to pay for the

released transportation rights, which must be no less

than any minimum bid rate(s) specified in the Release

Request and which, in any event, must be no less than

Transporter's currently effective maximum Rate

Schedule FT commodity rate, including any applicable

surcharges;