Dauphin Island Gathering Partners

First Revised Volume No. 1

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

Original Sheet No. 224 Original Sheet No. 224 : Effective

(ii) the bid submitted exceeds the bidder's preapproved credit term or

limits;

(iii) the bid is for capacity at Delivery and Receipt Points or for Paths other

than those specified in the Offer;

(iv) the bid does not meet the minimum terms of the Releasing Shipper's

Offer; or

(v) the bid contains a contingency that is not allowed by the Offer or the

bidder has not removed the contingency by the deadline set forth in the

Offer.

(i) The Best Bid Determination: All bids deemed to be eligible following

Transporter's initial review pursuant to Subsection 19.6(h) shall be reviewed in

determining the best bid. When Transporter makes awards of capacity for

which there have been multiple bids meeting minimum conditions, Transporter

shall award the bids, best bid first, until all offered capacity is awarded. The

best bid shall be determined by Transporter pursuant to the economic criteria for

determining the best bid set forth in the Releasing Shipper's Offer.