Transcolorado Gas Transmission Company LLC

Second Revised Volume No. 1

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

First Revised Sheet No. 227 First Revised Sheet No. 227

Superseding: Original Sheet No. 227

GENERAL TERMS AND CONDITIONS

6. CAPACITY RELEASE BY FIRM SHIPPERS (Continued)

(b) An open season shall consist of: (i) a one (1) hour period

on a Business Day between 12:00 p.m. and 1:00 p.m. CCT or (ii) any number (no

fractions) of Business Days running from 12:00 p.m. CCT on a Business Day to

1:00 p.m. CCT on the following Business Day, as requested by the Releasing

Shipper in its Capacity Release Request; provided, however, that any capacity

release for a period of one (1) year or longer must have an open season of at

least three Business Days, for a period at least running from 12:00 p.m. CCT

on a Business Day to 1:00 p.m. CCT two (2) Business Days later.

season or the match period for a Prearranged Release. Rather, the Releasing

Shipper must submit a new Capacity Release Request.

6.8 Qualified Bids for Released Capacity Rights.

(a) At any time during an open season, a Qualified Bidder may

submit a Qualified Bid to TransColorado's Interactive Website (or in writing

for posting on TransColorado's Interactive Website if the Interactive Website

is unavailable for receiving Qualified Bids) seeking released capacity rights

under a Capacity Release Request. In addition to being prequalified for credit

pursuant to Section 6.15, each Qualified Bid must include the following:

(i) The Qualified Bidder's legal name, address, phone

number, telefax number, the name and title of the individual responsible for

authorizing the Qualified Bid and identification of the capacity rights for

which the Qualified Bid is made;

(ii) The term for the purchase;

(iii) A Minimum Bid Volume and a Maximum Bid Volume (in Dth

per day);

(iv) The fixed reservation charge and/or volumetric charge

that the Qualified Bidder agrees to pay for the capacity (and if a volumetric

charge, any minimum amount to be billed as a reservation