Gulfstream Natural Gas System, L.L.C.

Original Volume No. 1

Effective Date: 02/26/2009, Docket: RP09-297-000, Status: Effective

First Revised Sheet No. 181 First Revised Sheet No. 181

Superseding: Original Sheet No. 181

GENERAL TERMS AND CONDITIONS

(CONTINUED)

(h) Open Bidding Process. Prospective Shippers wishing

to acquire capacity available for release ("Bidding

Shipper"), shall place a bid on 1LineSM for the

available capacity during the Posting Period. If such

bid is not expressly labeled contingent, such bid

shall be binding. The bid shall contain the

following information:

(1) The Bidding Shipper's legal name and the name,

title, address, phone number and e-mail address

of the individual who will authorize the

acquisition of the available capacity.

(2) The level of daily firm entitlements that the

Bidding Shipper requests and the minimum

quantity it will accept.

(3) The requested effective date and the term of

the acquisition.

(4) The Bidding Shipper's bid, addressing all

criteria required by the Releasing Shipper.

The Bidding Shipper shall be entitled to

withdraw its bid either via 1LineSM or EDM,

prior to the end of the bidding period.

Bidding Shipper cannot withdraw its bid after

the Bidding Period ends. If Bidding Shipper

withdraws its bid, it may not resubmit a lower

bid. If Bidding Shipper submits a higher bid,

lower bids previously submitted by Bidding

Shipper will be automatically eliminated. A

Bidding Shipper may have only one valid bid

posted. Transporter shall post all information

provided by Bidding Shippers, except the

information provided in Section 26.1(h)(1),

above.