Kern River Gas Transmission Company

Second Revised Volume No. 1

Effective Date: 10/01/2002, Docket: RP02-482-000, Status: Effective

Second Revised Sheet No. 826 Second Revised Sheet No. 826 : Superseded

Superseding: First Revised Sheet No. 826

RATE SCHEDULE SH-1

Kern River Firm Transportation Services

(Continued)

ARTICLE 5 - CAPACITY RELEASE PROGRAM (Continued)

5.5 Bidding for Transportation Rights. (Continued)

(vii) the objective terms and conditions of any and all

contingencies upon which the bid is submitted, if the

Release Request specifically provides for the submission of

such contingent bids, including the date by which Bidder

will notify Transporter either in writing or electronically

on Transporter's Designated Site if any and all such

contingencies have not been satisfied;

(viii)an irrevocable statement that, subject only to the

provisions of Section 5.5(d), the Bidder agrees to accept

the Release in accordance with all other terms and

conditions of the Release Request, including any and all

terms and conditions governing bids which are submitted on a

contingency basis.

applicable information required by this Section 5.5, Transporter

shall post such information on its Designated Site, except for the

identity of the Bidder, unless Releasing Shipper requests an

alternate posting period which comports with the standard timeline

as set forth in Section 5.8 of this Rate Schedule.

(d) NAESB 5.3.13: "Bids should be binding until written or electronic

notice of withdrawal is received by the capacity release service

provider." NAESB 5.3.15: "Bids cannot be withdrawn after the bid

period ends." Transporter shall post notice of such withdrawal

on its Designated Site, to the extent that the bid has already

been posted pursuant to Section 5.5(c), as soon as possible but in

no event more than one Business Day following Transporter's

receipt of Bidder's notice of withdrawal. Any Bidder which

withdraws a bid