Transwestern Pipeline Company

Second Revised Volume No. 1

Effective Date: 07/01/2003, Docket: RP03-360-001, Status: Effective

Original Sheet No. 95C.01 Original Sheet No. 95C.01 : Effective

GENERAL TERMS AND CONDITIONS

(continued)

30.5 Minimum Time Periods for Biddable Released Capacity

The following are the minimum time periods for biddable Released Capacity based on the term for which

that capacity is released. The offers may be posted for any longer periods of time.

(i) For biddable releases (less than 1 year):

(a) offers should be tendered by 12:00 P.M. on a Business Day;

(b) open season ends no later than 1:00 P.M. on a Business Day (evaluation period begins at 1:00

P.M. during which contingency is eliminated, determination of best bid is made, and ties are

broken);

(d) match or award is communicated by 2:00 P.M.;

(e) match response by 2:30 P.M.;

(f) where match required, award posting by 3:00 P.M.;

(g) contract issued within one hour of award posting (with a new contract number, when applicable);

nomination possible beginning at the next available nomination cycle for the effective date of

the contract. (Central Clock Time)

(ii) For biddable releases (1 year or more):

(a) offers should be tendered by 12:00 P.M. four Business Days before award;

(b) open season ends no later than 1:00 P.M. on the Business Day before timely nominations are due

(open season is three Business Days);

best bid is made, and ties are broken;

(d) evaluation period ends and award posting if no match required at 2:00 P.M.;

(e) match or award is communicated by 2:00 P.M.;

(f) match response by 2:30 P.M.;

(g) where match required, award posting by 3:00 P.M.;

(h) contract issued within one hour of award posting (with a new contract number, when

applicable); nomination possible beginning at the next available nomination cycle for the

effective date of the contract. (Central Clock Time)