Portland Natural Gas Transmission System

Second Revised Volume No. 1

Effective Date: 08/01/2009, Docket: RP09-686-000, Status: Effective

First Revised Sheet No. 347 First Revised Sheet No. 347

Superseding: Original Sheet No. 347

GENERAL TERMS AND CONDITIONS (Continued)

In accordance with WGQ Standard 5.3.2, Version 1.8, the timeline for biddable

releases (less than 1 year):

- Offers should be tendered by 12:00 P.M. on a Business Day;

- open season ends no later than 1 P.M. on a Business Day (evaluation

period begins at 1 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 P.M.;

- match or award is communicated by 2 P.M.;

- match response by 2:30 P.M.;

- where match required, award posting by 3 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).

In accordance with WGQ Standard 5.3.2, Version 1.8, the timeline for biddable

releases (1 year or more):

- Offers should be tendered by 12:00 P.M. four Business Days before award;

- open season ends no later than 1 P.M. on the Business Day before timely

Nominations are due (open season is three Business Days);

- evaluation period begins at 1 P.M. during which contingency is