Reliant Energy Gas Transmission Company

Fifth Revised Volume No. 1

Effective Date: 06/01/2002, Docket: RP00-482-003, Status: Effective

First Revised Sheet No. 404 First Revised Sheet No. 404 : Effective

Superseding: Original Sheet No. 404

GENERAL TERMS AND CONDITIONS

(continued)

bid provided Transporter receives electronic notice

thereof prior to the close of the bid period. Once a bid

is withdrawn, that bidder may only submit a new bid

pursuant to that release offer if it is at a higher rate

than the withdrawn bid. Releasing Shipper shall not be

allowed to extend the original bid period or the original

pre-arranged release match period, without first posting a

new release.

(b) Transporter shall evaluate the bids in accordance with the

provisions of this section and determine the best bid in

accordance with the above timeline, if applicable. If

capacity offered for release remains after determination

of the best bid and the releasing Shipper does not specify

another method for disposition of such capacity, then

Transporter will determine from among the remaining

qualifying bids the next best bid and proceed in the same

manner until all the offered capacity has been awarded to

approved bidders submitting qualifying bids.