Overthrust Pipeline Company
First Revised Volume No. 1-A
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Effective Date: 06/17/1999, Docket: RP99-309-000, Status: Effective
Third Revised Sheet No. 51 Third Revised Sheet No. 51 : Superseded
Superseding: Second Revised Sheet No. 51
GENERAL TERMS AND CONDITIONS
ratio the quantity bid by those bidders bears to the total
quantity bid by all bidders multiplied by the quantity of
(e) If no bid is submitted meeting all of the
rates, terms and conditions in the releasing Shipper's
release notice, then no award of capacity shall be made.
(f) For a pre-arranged release, if no better
offer is received during a bid period or the pre-arranged
offer is for the applicable maximum reservation charge and
full term of the release, then the pre-arranged bidding
Shipper shall become the replacement Shipper. If the pre-
arranged release is for less than the applicable maximum
reservation charge and a better offer is received during the
bid period, the pre-arranged bidding Shipper shall have one
hour from the time notification is received from Overthrust
to match the better offer. If the pre-arranged bidding
Shipper fails to match the better offer, then the bidding
Shipper who presented the better offer shall become the
(g) To document the award of the release of
capacity to the successful bidding Shipper, Overthrust will
place a service agreement between Overthrust and the
replacement Shipper on Questline conforming to the terms of
the Shipper's bid.
(h) A releasing Shipper shall retain all of the
capacity under its transportation service agreement that is
not acquired by a replacement Shipper.
(i) Unless Overthrust agrees otherwise in
writing, the original capacity holder will remain
responsible to Overthrust for payment of the reservation
charge throughout the original contract term irrespective of
any capacity release.
(j) If Overthrust agrees to release the original
capacity holder of its contract obligation, Overthrust will
not be obligated to provide service at a discounted rate to
a replacement Shipper under a permanent capacity assignment.