Reliant Energy Gas Transmission Company

Fourth Revised Volume No. 1

Effective Date: 04/01/1998, Docket: RP98- 85-000, Status: Effective

First Revised Sheet No. 279C First Revised Sheet No. 279C : Effective

Superseding: Original Sheet No. 279C

GENERAL TERMS AND CONDITIONS

(continued)

longer period) inclusive of the Day of posting,

within which to submit bids electronically, for

non-standard offers to release: for releases of

three (3) months or less, two (2) Business Days;

for longer releases, ten (10) Days. A bidder may

not have more than one eligible bid for the same

release offer at any time but may withdraw a bid

by providing electronic notice thereof before

3:00 p.m. on the last Day of the bid period.

Transporter shall evaluate the bids in accordance

with the provisions of Section 19 and determine

the best bid by 10:00 a.m. on the first Business

Day (for releases of less than three (3) months)

or on the third Business Day (for longer releases)

following the close of the bid period.

Transporter shall notify releasing Shipper, the

best bidder, and any pre-arranged designated

replacement Shipper of such determination by the

end of such Business Day. If there is a pre-

arranged designated replacement Shipper, it may

exercise its right to match such best bid by

providing electronic notice of such exercise to

Transporter and releasing Shipper by the close

of business on the third Day following selection

of the best bid. Following implementation of the

release, Transporter shall post notice on its EBB

of the winning bidder. Except as provided herein,

the other terms of this Section shall apply to

non-standard releases.

19.4 Bidding and Selection of Replacement Shipper.

(a) All bids must be valid, complete, and contain the

applicable information required in this section

and must also be accompanied by a request for

service containing the items of information listed

commencing on Sheet No. 324. All valid and

complete bids are binding. If releasing Shipper

desires to solicit bids for releases of thirty-one

(31) Days or less, it may direct Transporter

to post notice of the availability of such

capacity and, in lieu of permitting bids during

the otherwise applicable posting