TF03     119  1  05P126First Revised Sheet No. 119
TF04                Original Sheet No. 119
TF05Edward C. McMurtrie, Vice President/General Manager
TF06040197021897RP97-136-000        060197
                   GENERAL TERMS AND CONDITIONS
                           (Continued)


16.  PREGRANTED ABANDONMENT AND RIGHT-OF-FIRST-REFUSAL (Continued)

     16.5 Procedures: (Continued)

               existing Service Agreement may be amended to reflect the
               rate and term of the winning bid(s), and service may be
               continued pursuant to the amended Service Agreement.

          (k)  If any bid presented to the existing Shipper is for less
               than the total Reserved Capacity under the existing Service
               Agreement, the existing Shipper is required only to match
               the Economic Value for the amount of capacity to which the
               bid applies in order to retain the right to service for that
               portion of the capacity. Similarly, the existing Shipper may
               choose to retain only a portion of its existing Reserved
               Capacity by matching the Economic Value of any bid(s)
               submitted for that portion.

          (l)  If the existing Shipper chooses not to match the Economic
               Value of the bid(s) presented to it by Paiute, Paiute will
               offer the service to the winning bidder(s) under the terms
               of the bid(s), if such terms are consistent with Paiute's
               tariff and meet all minimum conditions established by Paiute
               for acceptable bids. Such minimum conditions will be posted
               by Paiute to its Electronic Bulletin Board before the
               Bidding Period begins. Prior to the commencement of service,
               the new Shipper(s) shall be required to execute a Service
               Agreement which contains the terms of the accepted bid(s).

          (m)  By 12:00 p.m. (10:00 a.m. Pacific Clock Time) on the first
               working day following completion of the process, Paiute
               shall post the identity of the accepted Shipper and the
               accepted bid to its Electronic Bulletin Board.

17.  ELECTRONIC BULLETIN BOARD

     17.1 Purpose:

          Paiute will timely provide information pertaining to arranging for
          transportation services, including informing all interested
          Shippers or potential Shippers about the availability of capacity
          at receipt points, on the mainline, at delivery points, and
          whether the capacity is available from the pipeline directly or
          through capacity releasing. Paiute will also maintain and provide
          access to bidding information pertaining to released