TransColorado Gas Transmission Company

Original Volume No. 1

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

Fifth Revised Sheet No. 223 Fifth Revised Sheet No. 223 : Superseded

Superseding: Fourth Revised Sheet No. 223

GENERAL TERMS AND CONDITIONS

6. CAPACITY RELEASE BY FIRM SHIPPERS (Continued)

(d) All Qualified Bids shall provide for payment of maximum

usage charges under TransColorado's Tariff for the capacity bid, as well

as all other applicable add-on charges and surcharges under

TransColorado's Tariff, such as, but not limited to, ACA and Fuel

Reimbursement.

(e) A Qualified Bid received by TransColorado during an open

season shall be posted by TransColorado on its Interactive Website,

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 A Qualified Bid may be withdrawn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be withdrawn thereafter.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 TransColorado's Tariff. Any Qualified Bid inconsistent with

TransColorado's Tariff or the applicable Capacity Release Request shall be

null and void.

6.9 Awarding of Released Capacity.

(a) For a Prearranged Release for which no open season is

required under Section 6.6 and which is received two (2) hours prior to

the nomination cycle deadline on any business day, TransColorado shall

award the capacity and issue a contract to the Prearranged Shipper within

one (1) hour after release notification on such Business Day on which

TransColorado received the Prearranged Release, provided that all

applicable provisions of this Section 6 have been complied with.

(b) As to any posted Prearranged Release, in the event there

was no winning Qualified Bid(s) with a higher total Bid Value than the

Prearranged Shipper's Bid Value, TransColorado shall notify the

Prearranged Shipper. If, during an open season, the winning Qualified

Bid(s) have a higher total Bid Value than the Bid Value of the Prearranged

Release under the bid evaluation procedure selected by the Releasing

Shipper, TransColorado shall notify the Prearranged Shipper of the terms

and conditions of the winning Qualified Bid(s), except for any

identification of the Qualified Bidder(s). The Prearranged Shipper may

elect to match any or all of such winning Qualified Bid(s), but may not

elect to match only a portion of a winning Qualified Bid. Such election

shall consist of the Prearranged Shipper submitting notice to

TransColorado of its unconditional agreement to the terms and conditions

of one or more of such winning Qualified Bid(s) in writing or electronic

means. In the event of a timely match, then the Prearranged Shipper shall

be awarded the released capacity. To the extent that the Prearranged