Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

Effective Date: 10/01/2002, Docket: RP02-421-000, Status: Effective

First Revised Sheet No. 2441 First Revised Sheet No. 2441 : Effective

Superseding: Original Sheet No. 2441

GENERAL TERMS AND CONDITIONS

Section 17

(Continued)

5.3.23 All tariff rates should be adjusted to reflect a standard

calculation of daily and monthly rates.

5.3.24 Capacity release facilitator should post offers and bids,

including prearranged deals, upon receipt. A releasing shipper

may request a later posting time for posting of such offer, and

the capacity release service facilitator should support such

request insofar as it comports with the standard Capacity Release

timeline specified in GISB Standard No. 5.3.2.

5.3.25 Releasing shipper should not be able to specify an extension of

the original bid period or the pre-arranged deal match period,

without posting a new release.

5.3.26 Releasing shippers have the choice to specify dollars and cents or

percents of maximum tariff rate in the denomination of bids, and

all transportation service providers should support this. Once

the choice is made by the releasing shipper, the bids should

comport with the choice.

5.3.27 For purposes of bidding and awarding, maximum/minimum rates

specified by the releasing shipper should include the tariff

reservation rate and all demand surcharges, as a total number or

as stated separately.

5.3.28 Release quantity should be expressed as a numeric quantity only.

5.3.29 Basis for released quantity should be per day for transportation,

storage injection, storage withdrawal, and a per-release quantity

for storage capacity and total release period quantity.

5.3.30 The offer upload bidder confirmation and quick response process

should support the association of a replacement capacity contract

with another contract for balancing or related purposes. The

support for this process between parties should be on a mutually

agreeable basis.