Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

Effective Date: 02/22/2009, Docket: RP09-240-000, Status: Effective

First Revised Sheet No. 423 First Revised Sheet No. 423

Superseding: Original Sheet No. 423

GENERAL TERMS AND CONDITIONS

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that differs from Natural's bid evaluation procedure or the

Acceptable Alternative Bid Evaluation Procedure and the remaining

procedures set forth in Sections 19.10(c) and 19.10(d), Natural

shall not be held to the subsequent deadlines set forth in this

Section 19, but Natural shall make a reasonable attempt to adhere to

such deadlines. Natural shall publish standards relative to such

computer diskettes, but it is the responsibility of the Releasing

Shipper to develop and provide the working computer diskette. The

Releasing Shipper shall warrant that the computer diskette conforms

to the bid evaluation procedure in the Capacity Release Request.

(b) The quantity sought to be released under a Capacity

Release Request shall not be less than the minimum quantity required

for the Eligible Firm Transportation Agreement under Natural's

Tariff.

this Section 19 shall be at least one full day and shall not exceed

the remaining term of the Eligible Firm Transportation Agreement.

(d) (l) Segmented releases are subject to Section 8.14

of these General Terms and Conditions.

(2) (i) The maximum rates that may be bid and

charged for a Released Firm Transportation Agreement that is for a

term greater than one (1) year are the maximum lawful rates

applicable to the Eligible Firm Transportation Agreement held by the

Original Shipper. If the Original Shipper is paying a Negotiated

Rate or a rate under a Negotiated Rate Formula pursuant to Section

49 of these General Terms and Conditions, a Qualified Bidder may not

bid a rate which exceeds the applicable Recourse Rate or is less

than the applicable minimum rate a qualified Bidder may bid a rate

form which would be a Negotiated Rate or Negotiated Rate Formula if

and only if the rate form is one explicitly recognized in Natural's

Tariff as available for capacity releases (such as volumetric

rates); provided the resulting charges must be within the range set

by the applicable maximum and minimum rates.

(ii) There is no maximum rate limitation

applicable to bids for capacity release for a term of one (1) year

or less, if the release is to take effect on or before one (1) year

from the date on which Natural is notified of the release.