TransColorado Gas Transmission Company

Original Volume No. 1

Effective Date: 12/05/1996, Docket: CP90-1777-009, Status: Effective

Original Sheet No. 45 Original Sheet No. 45 : Superseded

GENERAL TERMS AND CONDITIONS

(Continued)

The offer to release capacity may not be withdrawn after the

close of the bid period.

6.4 Criteria of Release. A releasing Shipper may specify how bids for

released capacity are to be evaluated to determine the best offer.

These criteria must be objectively stated, applicable to all

potential bidders and nondiscriminatory. The releasing Shipper

shall not be entitled to reject a bid that meets its specified

criteria.

6.5 Qualification for Participation in the Capacity Release Program -

Any party wishing to become a bidding Shipper must prequalify by

satisfying the creditworthiness provisions and the EBB accessing

requirements of this tariff prior to submitting a bid for

capacity. Notwithstanding Shipper's qualification to participate

in TransColorado's capacity release program, TransColorado does

not guarantee to the releasing Shipper that the replacement

Shipper will pay for the contracted-for service.

6.6 Notice By Shipper Electing to Release Capacity - A releasing

Shipper must post a notice through TransColorado's EBB that it

elects to release firm capacity. The notice must state:

(a) The releasing Shipper's name, contract number and the name

and phone number of the individual responsible for

authorizing the release of capacity.

(b) The maximum and minimum CD to be released stated in Dth/day.

(d) Whether capacity will be released on a firm or recallable

basis. If on a recallable basis, the terms under which the

capacity may be recalled.

(e) Whether Shipper will accept contingency bids, the

contingencies acceptable to Shipper, the date (deadline) by

when all contingencies must be met and whether TransColorado

should award capacity to the next highest bidder if

contingencies are not met.

(f) The beginning and ending dates of the release.