Transcolorado Gas Transmission Company LLC

Second Revised Volume No. 1

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Effective Date: 02/26/2009, Docket: RP09-264-000, Status: Effective

First Revised Sheet No. 223 First Revised Sheet No. 223

Superseding: Original Sheet No. 223

GENERAL TERMS AND CONDITIONS

6. CAPACITY RELEASE BY FIRM SHIPPERS (Continued)

(iii) Whether the capacity being released is subject to

recall and/or reput in the Prearranged Release and, if so, the exact

conditions of such recall and/or reput (which conditions must conform with

Sections 6.5 and 6.14); and

(iv) The proposed effective date of the Prearranged

Release and the proposed term of the Prearranged Release.

(c) Whether the Releasing Shipper will accept Qualified Bids

which are contingent on 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 TransColorado to

actively market its capacity rights subject to the Prearranged Release.

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

season (which must conform to Section 6.7) and the length of time (consistent

with Section 6.9(b)) for the Prearranged Shipper to be able to match a winning

Qualified Bid;

(g) 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);

(h) Which of the bid evaluation procedures set forth in Section

6.10 the Shipper wishes to use, if any;

(i) Whether the Qualified Bids are to specify dollars and cents

and/or percentage of the maximum tariff rate; or an index based formula as

detailed in the capacity release offer;

(j) Whether the release is a Prearranged Asset Manager Release

as defined in Section 6.2(g)(i) hereof and the Asset Manager's obligation to

deliver gas to, or purchase gas from, the Releasing Shipper;

(k) Whether the release is a Prearranged Release to a Marketer

Participating in a State Regulated Retail Access Program, as defined in

Section 6.2(g)(ii) hereof; and

(l) Any other applicable conditions (which must conform with

Section 6.5), including any minimum price condition and whether the Releasing

Shipper wishes to apply a bid evaluation procedure different than the bid

evaluation procedure set forth in Section 6.10 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 6.5(a).