Overthrust Pipeline Company
First Revised Volume No. 1-A
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Effective Date: 01/29/1996, Docket: RP96-105-000, Status: Effective
First Revised Sheet No. 46 First Revised Sheet No. 46 : Superseded
Superseding: ORIGINAL SHEET NO. 46
GENERAL TERMS AND CONDITIONS
8.3 Criteria of Release. A releasing Shipper may
specify how bids for released capacity are to be evaluated
to determine the best offer. A shipper must notify
Overthrust of the criteria by which volumetric bids are to
be evaluated. These criteria must be objectively stated,
applicable to all potential bidders and nondiscriminatory.
Unless the offer to release is withdrawn according to
8.23, the releasing Shipper shall not be entitled to reject
a bid that meets its specified criteria.
8.4 Qualification for Participation in the Capacity
Release Program - Any party wishing to become a bidding
Shipper must prequalify by satisfying the creditworthiness
provisions and the EBB access and signatory requirements of
this tariff prior to submitting a bid for capacity.
Notwithstanding Shipper's qualification to participate in
Overthrust's capacity release program, Overthrust does not
guarantee to the releasing Shipper that the replacement
Shipper will pay for the contracted-for service.
8.5 Notice By Shipper Electing to Release Capacity - A
releasing Shipper must post a notice via Overthrust's EBB
that it elects to release firm capacity. The notice must
(a) The releasing Shipper's name, contract number
and the name and phone number of the individual responsible
for authorizing the release of capacity.
(b) The maximum and minimum RDC to be released
stated in Dth/day.
(c) The primary receipt and delivery points.
(d) Whether capacity will be released on a firm
or recallable basis. If on a recallable basis, the terms
under which the capacity may be recalled.
(e) Whether Shipper will accept contingent bids,
the contingencies acceptable to Shipper, the deadline by
which all contingencies must be met and whether Overthrust
should award capacity to the next highest bidder if
contingencies are not met.
(f) The beginning and ending dates of the