Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

Effective Date: 07/30/2001, Docket: RP01-463-000, Status: Effective

Second Revised Sheet No. 3611 Second Revised Sheet No. 3611 : Effective

Superseding: Original Sheet No. 3611

GENERAL TERMS AND CONDITIONS

Section 29

(Continued)

If a bidder withdraws a bid it is precluded from

submitting a lower bid for the released capacity. If

a bid is submitted contingent upon capacity being

available on another pipeline, such bid shall not be

binding, unless and until the contingency is removed.

A Releasing Customer may accept a contingent bid even

if the contingency extends beyond the term of the Bid

Period. The Releasing Customer shall state in its

release notice the period of time within which the

contingency must be eliminated. If the Potential

Customer fails to eliminate the contingency within

the prescribed time frame the capacity shall be

awarded to the next highest bidder. Notwithstanding

anything to the contrary a Potential and/or

Replacement Customer that does not receive the amount

of capacity that it requested may reject the capacity

awarded. A Replacement Customer shall be subject to

all provisions of this FERC Gas Tariff. In addition,

a Replacement Customer may release its capacity

pursuant to and subject to the requirements,

procedures and obligations of this Section.

(F) Billing Adjustments:

(1) Gulf South shall be entitled to a negotiated fee when

Gulf South, at the request of Releasing Customer,

takes other action(s) to market Releasing Customer's

capacity in addition to posting the information on

the Internet Web Site.