B-R Pipeline Company

Original Volume No. 1

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Effective Date: 05/01/2004, Docket: RP04-224-000, Status: Effective

Original Sheet No. 104 Original Sheet No. 104 : Effective

GENERAL TERMS AND CONDITIONS (Continued)

20. CAPACITY RELEASE (Continued)

Pursuant to NAESB Standard 5.3.2, the following timelines will

apply: (All Capacity Release timelines are Central Clock Time with

Pacific Clock Time in parentheses.)

For biddable releases (less than 1 year):

-- offers should be tendered by 12:00 P.M. (10:00 A.M.) on a Business Day;

-- open season ends no later than 1:00 P.M. (11:00 A.M.) on a Business Day

(evaluation period begins at 1:00 P.M. (11:00 A.M.) during which

contingency is eliminated, determination of best bid is made, and ties are

broken);

-- evaluation period ends and award posting if no match required by 2:00

P.M. (12:00 P.M.);

-- match or award is communicated by 2:00 P.M. (12:00 P.M.);

-- match response by 2:30 P.M. (12:30 P.M.);

-- where match required, award posting by 3:00 P.M. (1:00 P.M.);

-- contract issued within one hour of award posting (with a new contract

number, when applicable) nomination possible beginning at the next

available nomination cycle for the effective date of the contracts (Central

Clock Time).

For biddable releases (1 year or more):

-- offers should be tendered by 12:00 P.M. (10:00 A.M.) four Business Days

before award;

-- open season ends no later than 1:00 P.M. (11:00 A.M.) on the Business

Day before timely nominations are due (open season is three Business Days);

-- evaluation period begins at 1:00 P.M. (11:00 A.M.) during which

contingency is eliminated, determination of best bid is made, and ties are broken;

-- evaluation period ends and award posting if no match required at

2:00P.M. (12:00 P.M.);

-- match or award is communicated by 2:00 P.M. (12:00 P.M.);

-- match response by 2:30 P.M. (12:30 P.M.);

-- where no match required, award posting by 3:00 P.M. (1:00 P.M.);

-- contract issued within one hour of award posting (with a new contract

number, when applicable); nomination possible beginning at the next

available nomination cycle for the effective date of the contract.

(Central Clock Time).