Caprock Pipeline Company

First Revised Volume No. 1

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Effective Date: 09/01/1999, Docket: RP99-452-000, Status: Effective

Original Sheet No. 24D Original Sheet No. 24D : Effective

(d) A capacity release shall become effective, and

nominations for gas service utilizing the release capacity shall be

accepted, at the latest of the following times:

(1) The applicable nomination deadline set forth in

Section 16 of these General Terms and Conditions for the start of

service requested for such release in the Capacity Release Request;

or

(2) The applicable nomination deadline set forth in

Section 16 of these General Terms and Conditions on the day following

the capacity award.

(e) Gas nominations for transportation pursuant to

released capacity are subject to the provisions of Section 16 of

these General Terms and Conditons. Gas nominations by a Shipper

utilizing released capacity awarded by Transporter shall constitute

Shipper's binding acceptance of the terms and conditions of the

capacity award by Transporter pursuant to this Section 13, including

Transporter's standard form of Agreement covering the Rate Schedule

applicable to the released capacity and the terms and conditions of

the Qualified Bid and the Capacity Release Request, in accordance

with Transporter's Tariff.

(f) Subject to the other provisions in this Section 23,

in the event that there is no Qualified Bidder or Prearranged Shipper

for posted Eligible Firm Transportation Agreement capacity during an

open season, no capacity release will be awarded and the Releasing

Shipper shall retain the capacity sought to be released.

13.10 BID EVALUATION PROCEDURE

(a) Unless specifically requested otherwise by a

Releasing Shipper in its Capacity Release Request, Qualified Bids for

released capacity shall be evaluated pursuant to Sections 13.10(b)

through 13.10(g) below. Any Qualified Bid which does not meet a

minimum price condition stated in the Capacity Release Request shall

be rejected outright. Any Qualified Bid with a contingency must have

such contingency eliminated before 3:00 p.m. Central Clock Time

following the close of the open season, unless the Releasing

Shipper's offer has specified a later time; otherwise, such Qualified

Bid will be rejected.