Iroquois Gas Transmission System, L.P.

FIRST REVISED VOLUME NO. 1

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Effective Date: 01/27/2009, Docket: RP09-283-000, Status: Effective

SIXTH REVISED SHEET NO. 95A SIXTH REVISED SHEET NO. 95A

Superseding: FIFTH REVISED SHEET NO. 95A

For biddable releases (greater than 1 year):

- offers should be tendered by 12:00 P.M. four Business Days

before award;

- 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);

- evaluation period begins at 1:00 P.M. during which

contingency is eliminated, determination of best bid is

made, and ties are broken;

- evaluation period ends and award posting if no match

required at 2:00 P.M.;

- 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.;

- 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)

For non-biddable releases:

Timely Cycle

- posting of prearranged deals not subject to bid are due by

10:30 A.M.;

- 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

- posting of prearranged deals not subject to bid are due by

5:00 P.M.;

- 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)

Intraday 1 Cycle

- posting of prearranged deals not subject to bid are due by

9:00 A.M.;

- 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)