Canyon Creek Compression Company

Third Revised Volume No. 1

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Effective Date: 03/27/2000, Docket: RP00-348-000, Status: Effective

Second Revised Sheet No. 145 Second Revised Sheet No. 145 : Effective

Superseding: First Revised Sheet No. 145

GENERAL TERMS AND CONDITIONS

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(c) Whether the Releasing Shipper will accept Qualified

Bids which are contingent on the subsequent events (such as the purchase

of upstream or downstream capacity), and if so, what events and the last

date by which such contingency must be fulfilled;

 

(d) Whether the Releasing Shipper will accept Qualified

Bids with longer terms or larger volumes, and if so, what is the maximum

volume and the longest term the Releasing Shipper will accept;

 

(e) Whether the Releasing Shipper wants Canyon to

actively market its capacity rights subject to the Prearranged Release

pursuant to Section 17 of these General Terms and Conditions;

 

(f) The starting date for and the length of time for the

open season (which must conform to Section 16.7); and the length of time

(consistent with Section 16.9(b)) for the Prearranged Shipper to be able

to match a winning Qualified Bid;

 

(g) Whether the Releasing Shipper reserves the right to

withdraw the Capacity Release Request during the open season and/or

reject a winning Qualified Bid (and, if so, the deadline for such

rejection);

 

(h) Whether the Releasing Shipper will accept Qualified

Bids whose revenues will vary by the volume transported, and if so, any

minimum amount to be billed as a reservation charge even if there is no

flow (or insufficient flow);

 

(i) Which of the bid evaluation procedures set forth in

Section 16.10 the Shipper wishes to use, if any;

 

(j) Whether the Qualified Bids are to specify dollars

and cents and/or percents of any applicable maximum tariff rate (to the

extent the rate ceilings on such releases have been waived pursuant to

18 C.F.R. Section 284.8(i), such percents may exceed 100%); and

 

(k) Any other applicable conditions (which must conform

with Section 16.5), including any minimum price and condition and

whether the Releasing Shipper wishes to apply a bid evaluation procedure

different than the bid evaluation procedure set forth in Section 16.10

for evaluating Qualified Bids for its capacity rights, and if so, all

the factors to be used in evaluating Qualified Bids, including how its

capacity rights are to be awarded in the event of a tie for the highest

valued Qualified Bid and whether the Releasing Shipper has presubmitted

a computer diskette for such bid evaluation procedure pursuant to

Section 16.5(a).