Canyon Creek Compression Company

Third Revised Volume No. 1

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Effective Date: 09/24/2001, Docket: RP01-515-000, Status: Effective

Second Revised Sheet No. 161 Second Revised Sheet No. 161 : Effective

Superseding: First Revised Sheet No. 161

GENERAL TERMS AND CONDITIONS

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(g) If the Releasing Shipper selected a bid

evaluation procedure which is different from the procedure set

forth in this Section 16.10, which procedure must comply with

Section 16.5, Canyon shall determine the winning Qualified Bid(s)

pursuant to the Releasing Shipper's bid evaluation procedure in

its Capacity Release Request and computer diskette (if any)

submitted by the Releasing Shipper pursuant to Section 16.5(a).

 

16.11 CONFIRMATIONS; RELEASED FIRM COMPRESSION AGREEMENT

 

At the time the award of capacity under this Section

16 is posted, Canyon shall send the winning Qualified Bidder or

the Prearranged Shipper confirmation of the capacity release

awarded to such Qualified Bidder or Prearranged Shipper. Prior to

Canyon awarding capacity on a Prearranged Release, the Prearranged

Shipper shall confirm electronically the terms of the Prearranged

Release.

 

16.12 COMPLETED TRANSACTIONS

 

By 5:00 p.m. Central Clock Time after capacity has

been awarded, Canyon shall post on the Informational Postings

portion of its Interactive Website the name(s) of the winning

Qualified Bidder(s), identification of the winning Qualified

Bid(s) and any minimum bid conditions held confidential during the

open season. The Releasing Shipper is responsible for reviewing

the Qualified Bids to ensure that the released capacity was

correctly awarded. The Releasing Shipper shall notify Canyon of

any error in the award of capacity within one business day after

such posting on the Interactive Website. In the event of an error,

the capacity shall be reawarded by Canyon. As between Canyon and

the Releasing Shipper, the Releasing Shipper shall indemnify and

hold Canyon harmless as to any costs, damages or expenses claimed

by third parties relating to the bid evaluation procedure for

which timely notice of an error was not provided to Canyon by the

Releasing Shipper hereunder. Canyon shall correct an error after

receiving notice of such error from the Releasing Shipper or

another person.