Crossroads Pipeline Company
Original Volume No. 1
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Effective Date: 06/01/1997, Docket: RP97-145-003, Status: Effective
Substitute Sheet No. 65.1 Substitute Sheet No. 65.1 : Effective
Superseding: Original Sheet No. 65.1
(f) If provided for in an offer of release, the releasing shipper may recall
capacity by providing notice, in writing and electronically, to Crossroads
and the replacement shipper by no later than 8:00 a.m. on the day of
nomination. Partial day recalls will not be accepted.
(g) Withdrawal of Offers and Bids: All offers to release capacity may be
withdrawn, due to unanticipated circumstances, prior to the close of the open
season if no minimum bids have been made. Bids cannot be withdrawn
after the bid period ends . All offers
and bids are binding following the close of the open season and prior to the
receipt by Crossroads of a notice of withdrawal in writing and electronically.
(h) Contingencies in Offers and Bids: Any contingencies in offers and bids must be
eliminated by the close of the evaluation period. Any offers and bids with
unresolved contingencies at the end of the evaluation period will be rejected
(i) A releasing shipper will not be able to specify an extension of the original
bid period or the pre-arranged deal match period without posting a new release.
Reput method and rights should be specified by the releasing Shipper at the time
of release. Reput method and rights are individually negotiated between
the releasing shipper and replacement shipper.
(j) Where there is a Prearranged Replacement Shipper and an offer which is better than
the bid submitted by the Prearranged Replacement Shipper, Crossroads will notify
the Prearranged Replacement shipper by 9:00 a.m. of the next Business Day and the
Prearranged Replacement Shipper will have until 12:00 noon on the next Business Day
after notification to match the better offer and obtain the right to the released
capacity. When the capacity being released is for a term of one year or greater,
the Prearranged Replacement Shipper shall have an additional Business Day to match
the better offer. Crossroads shall issue an Addendum to the Prearranged Replacement
Shipper unless a better or best offer, as defined in Section 32 herein, is received
within the time period specified in the posting. In the event the Prearranged
Replacement Shipper does not match the better offer, Crossroads shall issue an
Addendum to the party who made the better or best offer.