TransColorado Gas Transmission Company

Original Volume No. 1

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Effective Date: 12/01/2003, Docket: RP00-459-002, Status: Effective

Seventh Revised Sheet No. 222 Seventh Revised Sheet No. 222 : Superseded

Superseding: Sixth Revised Sheet No. 222

GENERAL TERMS AND CONDITIONS

6. CAPACITY RELEASE BY FIRM SHIPPERS (Continued)

applicable to the capacity subject to the Capacity Release Request, or a

statement that the maximum rate does not apply where the rate ceiling on

such releases has been waived for capacity transactions of less than one

year pursuant to 18 C.F.R. Section 284.8(i), beginning March 26, 2000,

extending through September 30, 2002, the beginning and ending time for

the open season and the time the notice was posted. TransColorado shall

post the Capacity Release Request upon receipt. If the Releasing Shipper

requests a posting time, TransColorado will comply with that request as

long as it comports with the deadlines set forth in this Section 6.

(b) An open season shall consist of: (i) a one (1) hour

period on a business day between 1:00 p.m. and 2:00 p.m. CCT or (ii) any

number (no fractions) of days running from 1:00 p.m. CCT on a business day

to 2:00 p.m. CCT on the following business day, as requested by the

Releasing Shipper in its Capacity Release Request; provided, however, that

any capacity release for a period of five (5) months or longer must have

an open season of at least three business days, for at least a period

running from 1:00 p.m. CCT on a business day to 2:00 p.m. CCT two (2)

business days later.

(c) A Releasing Shipper may not specify an extension of an

open season or the match period for a Prearranged Release. Rather, the

Releasing Shipper must submit a new Capacity Release Request.

6.8 Qualified Bids for Released Capacity Rights.

(a) At any time during an open season, a Qualified Bidder may

submit a Qualified Bid to TransColorado's Interactive Website (or in

writing for posting on TransColorado's Interactive Website if the

Interactive Website is unavailable for receiving Qualified Bids) seeking

released capacity rights under a Capacity Release Request. In addition to

being prequalified for credit pursuant to Section 6.15, each Qualified Bid

must include the following:

(i) The Qualified Bidder's legal name, address, phone

number, telefax number, the name and title of the individual responsible

for authorizing the Qualified Bid and identification of the capacity

rights for which the Qualified Bid is made;

(ii) The term for the purchase;

(iii) A Minimum Bid Volume and a Maximum Bid Volume (in

Dth per day);

(iv) The fixed reservation charge and/or volumetric

charge that the Qualified Bidder agrees to pay for the capacity (and if a

volumetric charge, any minimum amount to be billed as a reservation