U S G Pipeline Company

ORIGINAL VOLUME NO. 1

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Effective Date: 10/01/2002, Docket: RP02-443-000, Status: Effective

Second Revised Sheet No. 56 Second Revised Sheet No. 56 : Effective

Superseding: First Revised Sheet No. 56

GENERAL TERMS AND CONDITIONS

(d) Capacity Release Timeline:

For biddable releases (less than 1 year):

-- Offers should be tendered by 12:00P.M. on a Business Day;

-- open season ends no later than 1:00P.M. on a Business Day

(evaluation period begins at 1:00P.M. during which

contingency is eliminated, determination of best bid is

made, and ties are broken);

-- evaluation period ends and award posting if no match required

at 2:00P.M.;

-- match or award is communicated by 2:00P.M.;

-- match response by 2:30P.M.;

-- where match required, award posting by 3:00P.M.;

-- contract issued within one hour of award posting (with a

new contract number, when applicable); nomination

possible beginning at the next available nomination

cycle for the effective date of the contract. (Central

Clock Time)

For biddable releases (1 year or more):

-- Offers should be tendered by 12:00P.M. four Business Days

before award;

-- open season ends no later than 1:00P.M. on the Business Day

before timely nominations are due (open season is three

Business Days);

-- evaluation period begins at 1:00P.M. during which contingency

is eliminated, determination of best bid is made, and

ties are broken;

-- evaluation period ends and award posting if no match required

at 2:00P.M.;

-- match or award is communicated by 2:00P.M.;

-- match response by 2:30P.M.;

-- where no match required, award posting by 3:00P.M.;

-- contract issued within one hour of award posting (with a new

contract number, when applicable); nomination possible

beginning at the next available nomination cycle for the

effective date of the contract. (Central Clock Time)