Columbia Gulf Transmission Company

Second Revised Volume No. 1

Effective Date: 06/11/2009, Docket: RP09-275-002, Status: Effective

Tenth Revised Sheet No. 191A Tenth Revised Sheet No. 191A

Superseding: Ninth Revised Sheet No. 191A

GENERAL TERMS AND CONDITIONS (Continued)

(17) whether the release is to a marketer participating in a state-regulated retail

access program as defined in Section 284.8 of the Commission's regulations.

(18) for releases of storage capacity, any conditions concerning the transfer and/or

return of storage inventory.

methodologies are required to be supported by Transporter and provided to Releasor as choices from which they

may select and, once chosen, should be used in determining the awards from the bid(s) submitted. They are: 1)

highest rate, 2) net revenue and 3) present value. Other choices of bid evaluation methodology (including

other Releasor defined evaluation methodologies) can be accorded similar timeline evaluation treatment at the

discretion of Transporter. However, Transporter is not required to offer other choices or similar timeline

treatment for other choices, nor, is Transporter held to the timeline should Releasor elect another method of

evaluation. Releasor shall include all such alternative evaluation criteria in the Release Notice to be

posted on Transporter's EBB. When Transporter makes awards of capacity for which there have been multiple

bids meeting minimum conditions, Transporter shall award capacity, best bid first, until all offered capacity

is awarded.

(d) At any time up to the close of the bidding period for the posted capacity, Releasor may

withdraw its posting for release of capacity if Releasor itself has an unanticipated use for the capacity and

no minimum bid has been made. Such a withdrawal shall be effected by Releasor placing a notice of withdrawal

on Transporter's EBB. Offers will be binding until a notice of withdrawal is received.

(e) Transporter may refuse to allow a permanent release if it has a reasonable basis to conclude

that it will not be financially indifferent to the release. If Transporter denies Shipper's request to

permanently release capacity, Transporter will notify Shipper via e-mail and include in the notice the reasons

for the denial.

14.2 Posting.

Posting of Release Notices on Transporter's EBB shall be complete and subject to the conditions and

exceptions set forth below.

(a) Exempt Transactions. Posting for purposes of inviting bids shall not be required for

(i) prepackaged arrangements Releasor has arranged with a designated Replacement Shipper for a period of 31

days or less; (ii) prepackaged arrangements for more than one (1) year that Releasor has arranged with a

designated Replacement Shipper under which the designated Replacement Shipper agrees to pay the maximum

reservation charge and commodity rate, and applicable surcharges, and meets all requirements set forth in this

Tariff; (iii), releases to an asset manager, as defined in Section 284.8 of the Commission's regulations; or

(iv) releases to a marketer participating in a state-regulated retail access program as defined in Section

284.8 of the Commission's regulations (collectively "exempt transactions"). For cross-month releases, the

maximum duration for eligibility as an exempt transaction under part (i) above shall be 31 days. The rate

received by Releasor under prearranged transactions with a term of more than one year that are exempt from the

ordinary posting and competitive bidding procedures otherwise set forth in this Section 14 must not exceed the

maximum rate.