Stingray Pipeline Company

Third Revised Volume No. 1

Contents / Previous / Next / Main Tariff Index

Effective Date: 10/01/2000, Docket: RP00-550-000, Status: Effective

Fourth Revised Sheet No. 159 Fourth Revised Sheet No. 159 : Effective

Superseding: Third Revised Sheet No. 159

GENERAL TERMS AND CONDITIONS

until September 30, 2002 for releases with a term of less than

one year, a Qualified Bidder may bid rates which would exceed

Stingray's maximum rate applicable to the Eligible Firm

Transportation Agreement capacity. For releases with terms of

one year or more and for all releases after September 30, 2002,

a Qualified Bidder may not bid rates which would exceed

Stingray'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 34 of these General Terms and

Conditions, a Qualified Bidder may not bid a rate which exceeds

the applicable Recourse Rate except as permitted by the

Commission's regulations at Section 284.8(i) and Section 16.7(c)

hereof for releases with a term of less than one year. A

Qualified Bid may state a dollar amount or a percentage of

Stingray's maximum reservation rate, unless the Releasing

Shipper has specified that the bid must specify one or the

other, in which case, the Qualified Bid must comport with the

Releasing Shipper's choice. A bid at a rate equal to Stingray's

maximum reservation rate shall be a bid for Stingray's maximum

reservation rate as such rate may increase or decrease from time

to time in the future. The maximum Qualified Bid reservation

charge includes all demand surcharges, including all direct-

billed charges and Order No. 636 transition costs which are or

may become applicable to the Eligible Firm Transportation

Agreement capacity.

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

commodity charges under Stingray's Tariff for the capacity bid,

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

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

Company Use Gas and any FERC Order No. 636 commodity-based

transition cost recovery surcharge, unless Stingray agrees in

writing otherwise.

(e) A Qualified Bid received by Stingray during an open season shall

be posted by Stingray on its Interactive Internet Website upon

receipt, 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Bid may be withdrawn by the Qualified Bidder prior to the close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

Stingray's Tariff. Any Qualified Bid inconsistent with

Stingray's Tariff or the applicable Capacity Release Request

shall be null and void.

16.9 AWARDING OF RELEASED CAPACITY; EFFECTIVE DATE; GAS NOMINATIONS

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

under Section 16.6 and which is received by 9:00 a.m. Central

Clock Time on a business day, Stingray shall award the capacity

to the Prearranged Shipper by 10:00 a.m. Central Clock Time on

such business day on which Stingray received the Prearranged

Release, provided that all applicable provisions of this Section

16 have been complied with.