El Paso Natural Gas Company

Second Revised Volume No. 1A

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Effective Date: 04/01/2010, Docket: RP10-454-001, Status: Effective

Fifth Revised Sheet No. 281 Fifth Revised Sheet No. 281

Superseding: Fourth Revised Sheet No. 281

 

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

9. CAPACITY RELEASE PROGRAM (Continued)

 

9.7 Open Season and Matching Period (Continued)

 

(b) (Continued)

 

For biddable releases (more than one (1) Year):

 

(vi) offers should be tendered by 12:00 p.m. four

Business Days before award;

 

(vii) open season ends no later than 1:00 p.m. on the

Business Day before timely nominations are due (open

season is three Business Days);

 

(viii) evaluation period begins at 1:00 p.m. during which

contingency is eliminated, determination of best bid

is made, and ties are broken;

 

(ix) evaluation period ends and award posting if no match

required at 2:00 p.m.;

 

(x) match or award is communicated by 2:00 p.m.; match

response by 2:30 p.m.; where match required, award

posting by 3:00 p.m.;

 

(xi) contract issued within one hour of award posting

(with a new contract number, when applicable);

nomination possible beginning at the next available

nomination cycle for the effective date of the

contract. (Central Clock Time)