Granite State Gas Transmission, Inc.

Third Revised Volume No. 1

Effective Date: 07/02/2020, Docket: RP02-464-000, Status: Accepted

Original Sheet No. 302A Original Sheet No. 302A : Superseded

GENERAL TERMS AND CONDITIONS

(Continued)

29. CAPACITY RELEASE (continued)

For biddable releases (1 year or more):

(8) offers should be tendered by 12:00 P.M. four Business Days before award;

(9) 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);

(10) evaluation period begins at 1:00 P.M. during which contingency is eliminated,

determination of best bid is made, and ties are broken;

(11) evaluation periods ends and award posting if no match required at 2:00 P.M.;

(12) match or award is communicated by 2:00 P.M.;

(13) match response by 2:30 P.M.;

(14) where match required, award posting by 3:00 P.M.;

(15) contract issued within one hour of award posting (with new contract number, when

applicable); nomination possible beginning at the next available nomination cycle for the effective

date of the contract. (Central Clock Time)

For non-biddable releases:

Timely Cycle

(16) posting of prearranged deals not subject to bid are due by 10:30 A.M. on a Business

Day;

(17) 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).

Evening Cycle

(18) posting of prearranged deals not subject to bid are due by 5:00 P.M. on a Business Day;

(19) 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)