Ngo Transmission, Inc.

Original Volume No. 1

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Effective Date: 11/22/2003, Docket: RP04- 67-000, Status: Effective

Original Sheet No. 97 Original Sheet No. 97 : Effective

(iv) Transporter will post, or otherwise make available,

offers and bids, including prearranged deals, upon

receipt. A Releasing Shipper may request a later

posting time for posting of such offer, and

Transporter will support such request insofar as it

comports with the timeline set forth in Section 11.2

of the General Terms and Conditions of this Tariff.

(v) A Releasing Shipper may not specify an extension of

the original bid period or the pre-arranged deal match

period, without posting a new release.

(vi) A Releasing Shipper may specify dollars and cents or

percents of the applicable maximum tariff rate in the

denomination of bids. Once the choice is made by the

Releasing Shipper, the bids must comport with that

choice to be valid.

(vii) For the evaluation of capacity release bids, only the

following methodologies are supported by Transporter

and provided to Releasing Shippers as choices from

which they may select and, once chosen, must be used

in determining the awards from the bid(s) submitted.

They are: 1) highest rate, 2) net revenue and 3)

present value. Other choices of bid evaluation

methodology (including other Releasing Shipper defined

evaluation methodologies) can be accorded similar

timeline evaluation treatment at the discretion of

Transporter. However, Transporter is not required to

offer other choices or similar timeline treatment for

other choices, nor is Transporter held to the timeline

should the Releasing Shipper elect another method of

evaluation.

(f) (i) Releasing shippers may, to the extent permitted as a

condition of the capacity release, recall released

capacity at the Timely, Early Evening, Evening,

Intraday 1 and Intraday 2 Nomination cycles by

providing notice to the Transporter and the affected

Replacement Shipper(s), via a mutually agreed-upon

method, by the following times for each cycle on the

day such Nominations are due: 8 A.M. CCT for the

Timely Nomination Cycle; 3:00 P.M. CCT for the Early

Evening Nomination Cycle; 5:00 P.M. CCT for the