Carolina Gas Transmission Corporation

Original Volume No. 1

Effective Date: 02/25/2009, Docket: RP09-296-000, Status: Effective

Original Sheet No. 166A Original Sheet No. 166A

Superseding: Original Sheet No. 166

applicable, the proposed rate for such release; and

(7) additional terms and conditions that are objective

and non-discriminatory.

(i) Posting of any capacity release meant to

implement an asset management agreement must

specify the volumetric level of the Replacement

Shipper’s delivery or purchase obligation and

the time periods during which that obligation

is in effect.

(b) Releases subject to bid also shall include the following:

(1) the expiration of the bid period, subject to the

applicable timeline in this Section 17;

(2) the minimum Reservation Rate;

(3) whether bids should be submitted in dollars and cents

or as a percentage of the Recourse Rate;

(4) the bid evaluation method; including the tie-break

method the Pipeline will apply to award capacity

among multiple bids that yield the same value. If

other than a first come, first serve method is

desired, the alternative bid evaluation method must

be set forth with sufficient specificity that the

Pipeline’s evaluation of the bids to determine the

“best bid” is a purely ministerial matter that does

not require any discretionary exercise of judgment by

the Pipeline.