Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

Effective Date: 09/01/2007, Docket: CP06-354-002, Status: Effective

Original Sheet No. 155 Original Sheet No. 155 : Effective

GENERAL TERMS AND CONDITIONS

12. STATEMENTS, BILLING, PAYMENT, RATE DISCOUNT ORDER AND TYPES OF DISCOUNTS

(Contd.)

12.4 PAYMENT

Shipper shall pay to Transporter at the address indicated on the

invoice or, if directed by Transporter, by wire transfer to a bank

designated by Transporter, the amount due Transporter for services

provided pursuant to an Agreement during the appropriate calendar

Month as reflected in the billing described above, within ten (10)

calendar Days after the date of receipt of such billing. For

purposes of this section, the bill is deemed to be received by

Shipper on the date sent to Shipper's designated site if sent by

EDI, or three (3) Days after the postmark date if sent by mail.

The invoice number should be identified on all payments and the

Shipper should submit supporting documentation identifying what is

being paid. Transporter shall apply payment per such supporting

documentation. If payment differs from the invoiced amount,

remittance detail should be provided with the payment. Should

Shipper fail to pay any undisputed portion of any bill as herein

provided when such amount is due, interest on the unpaid portion

of the bill shall accrue at the maximum allowable interest

permitted under the Commission's Regulations. For any amount to

be considered "disputed," Shipper must provide appropriate

documentation supporting and identifying the basis for the

dispute. If Shipper fails to make payment in accordance with this

section, Transporter may, in addition to any other remedy it may

have under this Tariff or under commercial law: (a) suspend

deliveries as provided in Section 3.8 of these General Terms and

Conditions; and (b) offset such deficient payments against any

payments, refunds or credits owed by Transporter to Shipper.

12.5 ADJUSTMENT OF ERRORS

A. The time limitation for disputes of allocations shall be six

(6) Months from the date of the initial Month-end allocation

with a three (3) Month rebuttal period. This standard shall

not apply in the case of deliberate omission or

misrepresentation or mutual mistake of fact. Parties' other

statutory or contractual rights shall not otherwise be

diminished by this standard.