Southwest Gas Storage Company

First Revised Volume No. 1

Effective Date: 02/23/2009, Docket: RP09-248-000, Status: Effective

Third Revised Sheet No. 121 Third Revised Sheet No. 121

Superseding: Second Revised Sheet No. 121

GENERAL TERMS AND CONDITIONS

(Continued)

6. CAPACITY RELEASE (Continued)

(11) The best bid criterion is the method by which volumetric

or contingent bids will be evaluated, and any alternate,

objective and nondiscriminatory method for breaking

ties. The best bid evaluation method, which is

established by Releasing Shipper, must be objectively

stated, applicable to all PRS or Replacement Shippers

and not unduly discriminatory and shall enable Southwest

to rank the bids received by utilizing the weight

assigned by Releasing Shipper to each element of the

Shipper Notice;

(12) If the release is for any period of thirty-one (31) days

or less and is exempt from bidding in accordance with

Section 6.3(A), the Releasing Shipper may designate in

the Shipper Notice the winning bid criterion to be the

first acceptable bid received;

(13) Restrictions, if any, on the PRS or Replacement

Shipper's ability to request changes in Points of

Receipt or Points of Delivery;

(14) Whether the Shipper Notice may be rejected in part in

the event Southwest rejects such Shipper Notice pursuant

to Section 6.7; and

(15) Whether the Replacement Shipper is (a) an asset manager

as defined in Section 284.8(h)(3) of the Commission’s

Regulations and, if so, include the volumetric level of

the asset manager’s delivery or purchase obligation and

the time period during which that obligation is in

effect or (b) a marketer participating in a state-

regulated retail access program as defined in Section

284.8(h)(4) of the Commission’s Regulations.

(B) Releasing Shipper shall post the Shipper Notice on the

Messenger® system. Releasing Shipper may withdraw its

Shipper Notice at any time prior to the close of the bid

period specified in the Shipper Notice herein when

unanticipated circumstances justify and no minimum bid has

been made.

approved bidders list, such PRS shall acknowledge the Shipper

Release Notice electronically.