Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

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Effective Date: 12/08/2004, Docket: RP05- 64-000, Status: Effective

Original Sheet No. 1408A Original Sheet No. 1408A : Effective

GENERAL TERMS AND CONDITIONS

Section 7

(Continued)

Firm Posting and Bidding Process - After a Customer's valid

request for firm transportation capacity has been processed and

accepted by Gulf South, the request for service shall be handled

pursuant to the procedures established by this Section. Gulf

South shall not post any changes which are made to an existing

firm Transportation Service Agreement prior to the time they

become effective unless those changes result in an increase in

the total contract MDQ. Once such changes become effective, Gulf

South shall post for informational purposes only, the changes to

either the primary receipt and/or delivery points. In addition,

Gulf South shall post for informational purposes only, new or

modified NNS and NNS-SCO contracts.

(a) Firm Postings

After a Customer's valid request for new maximum rate firm

transportation capacity pursuant to Rate Schedule FTS,

including FTS-SSO has been processed and accepted by Gulf

South and provided there is available firm capacity at the

specified receipt and delivery point pair(s) for a time

period beyond the requested term of that request, the valid

request for maximum rate service shall be posted and

subject to the bidding procedures established by this

Section. If Gulf South determines that capacity is not

available beyond the requested term, the maximum rate

request shall not be posted for bid, but will be posted for

informational purposes only.

(b) Bidding Procedures:

(i) Bidder Requirements:

Prior to bidding, any Customer wishing to bid must

satisfy Gulf South's credit requirements as outlined

in Section 5 of these General Terms & Conditions.

Any entity may seek a pre-approval under Gulf South's

credit requirements.