Dauphin Island Gathering Partners

First Revised Volume No. 1

Effective Date: 03/16/1999, Docket: CP98- 6-003, Status: Effective

Original Sheet No. 220 Original Sheet No. 220 : Effective

If the potential bidder fails to demonstrate creditworthiness, the bidder

may still be prequalified if it provides one of the credit alternatives set

forth in Rates Schedule FT-1 (MP), FT-1 (DI), FT-2 (MP), FT-2 (DI)

or FT-3 (MP). If a party does not qualify as a prequalified bidder

pursuant to this Subsection 19.6(e), the party cannot bid on a Releasing

Shipper's Offer.

(ii) Prior to submitting a bid on a Permanent Release of capacity offered by

a Releasing Shipper, the bidder must submit to Transporter a valid

Service Request Form for the released capacity on which the bidder

intends to submit a bid.

(iii) Prior to submitting a bid on an Offer of Temporary Release of capacity,

the bidder must request and execute a Temporary Release Agreement.

The terms of each winning bid shall be set forth on an Addendum to the

Acquiring Shipper's applicable Temporary Release Agreement.

(iv) Prior to submitting a bid on an Offer of Permanent or Temporary

Release of Capacity from a FT-2 (MP) or FT-3 (MP) Transportation

Service Agreement for subsequent service under Rate Schedule FT-2

(MP) or FT-3 (MP), or from a FT-2 (DI) Transportation Service

Agreement for subsequent service under Rate Schedule FT-2 (DI), the

bidder must have complied with the provisions of Section 1.2 of the

applicable Rate Schedule.

(f) Bidding Procedures: All complete bids on a Releasing Shipper's Offer shall be

transmitted electronically to Transporter on its EBB in the standard form

provided on the EBB in accordance with the times and dates as set forth in

Section 19.9. Bids shall be complete before being posted. Transporter shall

accept only complete bids. Transporter shall post bids including prearranged

deals, upon receipt, unless Releasing Shipper requests otherwise. If a Releasing

Shipper requests a posting time, Transporter shall support such request insofar

as it comports with the standard timeline set forth in Section 19.9. Only posted

bids shall be available electronically. A separate bid shall be submitted for each

separate Releasing Shipper's Offer on which a bidder wishes to bid. The price

bid on any Offer of capacity must be submitted on a