Millennium Pipeline Company, L. L. C.
Original Volume No. 1
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Effective Date: 03/01/2009, Docket: RP09-320-000, Status: Effective
Original Sheet No. 179A Original Sheet No. 179A
Superseding: Original Sheet No. 179
GENERAL TERMS AND CONDITIONS
(c) Evaluation Criteria. For the capacity release business process
timing model, only the following methodologies are required to be supported
by Transporter and provided to Releasor as choices from which they may select
and, once chosen, should be used in determining the awards from the bid(s)
submitted. They are: 1) highest rate, 2) net revenue and 3) present value.
Other choices of bid evaluation methodology (including other Releasor defined
evaluation methodologies) can be accorded similar timeline evaluation
treatment at the discretion of Transporter. However, Transporter is not
required to offer other choices or similar timeline treatment for other
choices, nor, is Transporter held to the timeline should Releasor elect
another method of evaluation. Releasor shall include all such alternative
evaluation criteria in the Release Notice to be posted on Transporter's EBB.
When Transporter makes awards of capacity for which there have been multiple
bids meeting minimum conditions, Transporter shall award capacity, best bid
first, until all offered capacity is awarded.