Stingray Pipeline Company, L. L. C.

Third Revised Volume No. 1

Effective Date: 11/01/2008, Docket: RP08-436-000, Status: Effective

Third Revised Sheet No. 154 Third Revised Sheet No. 154

Superseding: Second Revised Sheet No. 154

GENERAL TERMS AND CONDITIONS

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

Section 16.10 the Shipper wishes to use, if any;

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

cents and/or percents of maximum tariff rate; and

(j) Any other applicable conditions (which must conform

with Section 16.5), 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 16.10

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 16.5(a).

16.5 CAPACITY RELEASE REQUIREMENTS

(a) All terms and conditions relating to a release which

is the subject of a Capacity Release Request: (1)

must be nondiscriminatory and applicable to all

potential bidders; (2) must be made available to

Stingray for posting; (3) must relate solely to the

details of acquiring or maintaining the transportation

capacity rights on Stingray, which are the subject of

the release; and (4) must not place any obligations or

burdens on Stingray in addition to the terms and

conditions applicable to a capacity release under this

Section 16 which are specified in Stingray's Tariff.

Any bid evaluation procedure elected by a Releasing

Shipper different from Stingray's bid evaluation

procedure set forth in Sections 16.10(b) through

16.10(d) must be objective, nondiscriminatory in all

circumstances and contain a complete description of

the bid evaluation procedure for posting on Stingray's

Interactive Internet Website. Stingray may require

the Releasing Shipper to submit a working computer

program to Stingray in diskette form which is

compatible with Stingray's Interactive Internet

Website and which will enable Stingray to make such

alternative bid evaluation entirely through Stingray's

Interactive Internet