K N Wattenberg Transmission LLC

First Revised Volume No. 1

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Effective Date: 08/01/2000, Docket: RP00-362-000, Status: Effective

Second Revised Sheet No. 87D Second Revised Sheet No. 87D : Superseded

Superseding: First Revised Sheet No. 87D

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

(b) The volume in a Qualified Bid may not be less than

the minimum volume required for an Eligible Firm Transportation

Agreement under Transporter's Tariff. Neither the volume nor the

release term specified in a Qualified Bid may exceed the maximum

volume or term specified in a Capacity Release Request, unless the

Capacity Release Request specifically allows otherwise. A Qualified

Bidder must accept all the terms and conditions of a Capacity Release

Request submitted under Section 31.4 (involving a Prearranged

Release) except for the level of the reservation charge and the MDQ,

unless the Capacity Release Request specifically allows otherwise.

(c) A Qualified Bidder may not bid rates which would

exceed Transporter's maximum reservation charge applicable to the

Eligible Firm Transportation Agreement capacity. If the Original

Shipper is paying a Negotiated Rate or a rate under a Negotiated Rate

Formula pursuant to Section 38 of these General Terms and Conditions,

a Qualified Bidder may not bid a rate which exceeds the applicable

Recourse Rate. The maximum Qualified Bid reservation charge includes

all demand surcharges, including all direct-billed charges which are

or may become applicable to the Eligible Firm Transportation

Agreement capacity. Notwithstanding the foregoing, Qualified Bids

may exceed the maximum reservation charge through September 30, 2002,

to the extent the rate ceilings have been waived for released

capacity contracts of less than one (1) year pursuant to 18 C.F.R.

Section 284.8(i).

(d) All Qualified Bids shall provide for payment of

maximum commodity charges under Transporter's Tariff for the capacity

bid, as well as all other applicable add-on charges and surcharges

under Transporter's Tariff, such as, but not limited to, ACA, Fuel

Gas and Unaccounted For Gas.

(e) A Qualified Bid received by Transporter during an

open season shall be posted by Transporter on its electronic system,

without the name of the Qualified Bidder. A Qualified Bid may be

withdrawn by the Qualified Bidder prior to the close of the open

season, but may not be withdrawn thereafter. Following such

withdrawal, the Qualified Bidder cannot bid for the same capacity

during the open season at a lower rate.

(f) All Qualified Bids must be consistent with all

provisions of Transporter's Tariff. Any Qualified Bid inconsistent

with Transporter's Tariff or the applicable Capacity Release Request

shall be null and void.