Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

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

Original Sheet No. 204 Original Sheet No. 204 : Effective

GENERAL TERMS AND CONDITIONS

15. CAPACITY RELEASE BY FIRM SHIPPERS (Contd.)

15.10 BID EVALUATION PROCEDURE (Contd.)

G. The bid evaluation procedure set forth in this Section 15.10

shall only consider Qualified Bids to the extent they

provide for an objectively quantifiable payment by the

Qualified Bidder. A Qualified Bid based on a percentage of

Transporter's reservation rate shall be evaluated by

Transporter based solely on the maximum reservation rate

being charged by Transporter for such service as of the end

of the open season.

H. If the Releasing Shipper selected a bid evaluation procedure

which is different from the procedure set forth in this

Section 15.10, which procedure must comply with Section

15.5, Transporter shall determine the winning Qualified

Bid(s) pursuant to the Releasing Shipper's bid evaluation

procedure in its Capacity Release Request and computer

diskette (if any) submitted by the Releasing Shipper

pursuant to Section 15.5.A.