Portland General Electric Company

Original Volume No. 1

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Effective Date: 12/03/2003, Docket: RP04- 48-000, Status: Effective

Original Sheet No. 99 Original Sheet No. 99 : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

20. CAPACITY RELEASE (Continued)

6. if Releasing Shipper desires to release capacity on

the basis of a volumetric rate, Releasing Shipper must

provide the criteria Releasing Shipper desires Transporter

to use in the evaluation of volumetric bids and any other

terms and conditions of the release;

7. if Releasing Shipper has secured a Prearranged

Replacement Shipper, the release request must also contain

the name of the Prearranged Replacement Shipper, the rate

and term of the bid which such Prearranged Replacement

Shipper is willing to pay; and

8. whether Releasing Shipper is willing to accept

contingent bids that extend beyond the open season and the

terms and conditions applicable to such contingency,

including the rights and obligations of the next highest

Bidder to secure the released capacity in the event that the

contingency is not fulfilled or the winning contingent

Bidder exercises its option not to take the capacity. The

date to which the contingency may be extended must end at

least four (4) working days prior to the effective date of

the release.

(d) All bids for released capacity shall set forth the

following:

1. Bidder's name and capacity release number bidding on;

2. Receipt Point and Delivery Point bidding on and

the volume and rate associated with each;

3. term of bid;

4. minimum percentage of the volume which the Bidder is

willing to accept; and

5. (if applicable) any affiliate of Transporter involved

in the transaction.