MarkWest Pioneer, L.L.C.
Original Volume No. 1
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Effective Date: 04/01/2009, Docket: RP09-321-000, Status: Effective
Original Sheet No. 88 Original Sheet No. 88
GENERAL TERMS AND CONDITIONS
22.4.6. Where there is a PRS and an offer which is better than the bid
submitted by the PRS, Transporter will notify the PRS by 2:00 pm CCT
on the day capacity is awarded and the PRS will have until 2:30 pm
to match the better offer and obtain the right to the released
capacity. In the event the PRS does not match the better bid,
Transporter shall award the capacity to the party who made the best
22.4.7. Bids shall be binding until written or electronic notice of
withdrawal is received by Transporter. Bids cannot be withdrawn
after the bid period ends.
22.4.8. In the event that a winning bid has an unacceptable
contingency, and Transporter is not notified through the Website
that such contingency has been removed within the time period
specified in the Shipper Notice, such contingent bid will be
rejected by Transporter.
22.4.9. The Releasing Shipper may define in the Shipper Notice the criteria
for determining the best bid. If the Releasing Shipper does not
specify the criteria, Transporter shall use the highest economic
value to determine the best bid. If there are multiple bids meeting
the minimum conditions, Transporter shall award the bids, best bid
first, until all offered capacity is awarded. Transporter will
notify, through the Website by 2:00 pm CCT following the end of the
posting period, or by 3:00 pm CCT if a matching period is
applicable, the PRS or Replacement Shipper that capacity has been
awarded. Transporter shall allow re-releases on the same terms and
basis as the primary release (except as prohibited by the
22.4.10. Transporter will post the winning bids and Replacement Shippers’
identify on the Website for at least five (5) Business Days.