GENERAL TERMS AND CONDITIONS
4.7     Best Bid.  When Liberty makes awards of capacity for which there have
been multiple bids meeting minimum conditions, Liberty shall award the bids,
best bid first, until all offered capacity is awarded.  The capacity being
awarded represents the Maximum Daily Injection Quantity, Maximum Daily
Withdrawal Quantity, or Maximum Storage Quantity.  These quantities are
separate parts of the capacity and are awarded until one of the quantities is
fully awarded, at which point all capacity is deemed to be fully awarded.
Liberty shall evaluate and determine the best bid among those otherwise
consistent with any terms and conditions specified by the Releasing Customer as
follows:
(a)     Liberty shall apply the standard or criteria for such determination
specified by the Releasing Customer, including the standard to be used for
breaking ties.  Any standard or criteria so specified must be objective,
economic, not unduly discriminatory, not contrary to applicable provisions of
this FERC Gas Tariff, applicable to all potential Replacement Customers and
require Liberty in applying such standard to exercise no more than a
ministerial function.  The Releasing Customer shall indemnify and hold Liberty
harmless from and against all demands, losses, claims, expenses, causes of
action and/or damages suffered or incurred by Liberty arising out of or related
to any determination of a  best bid  pursuant to a standard specified,
supplied, approved or provided by Releasing Customer.
(b)     In default of Releasing Customer specifying a bid evaluation standard,
Liberty shall determine the bid or bids generating the highest net present
value, using a 10% discount factor, based on the rate bid (reservation or
demand component), the applicable quantity(ies) and term or period bid upon.
In default of Releasing Customer specifying a method to break ties priority
will be given first to the bid with the shortest term, and next to the bid
submitted first in time.
4.8     Qualification of Prospective Replacement Customer.  A prospective
Replacement Customer must be on Libertys approved bidders list before bids may
be posted on the Internet Web Site, must satisfy all requirements of the
applicable Rate Schedule and the General Terms and Conditions of this FERC Gas
Tariff and must have executed a Capacity Release Umbrella Agreement.  To be on
the approved bidders list, the prospective Replacement Customer must satisfy
Libertys credit requirements as outlined in Section 3 of the General Terms and
Conditions, and provide the information required by Section 3 of the General
Terms and Conditions.  Such credit appraisal shall be reevaluated and updated
every three (3) months.  The prospective Replacement Customer shall remain on
the approved bidders list until such prospective Replacement Customer (i)
notifies Liberty to the contrary, (ii) no longer meets the credit
qualifications established in Section 3 of the General Terms and Conditions, or
(iii) is suspended from the approved bidders list in the event, and for such
time as, such Replacement or Prearranged Customer fails to pay part or all of
the amount of any bill for service in accordance with Section 14 of the General
Terms and Conditions.     Liberty will apply its creditworthiness criteria to
assess the submission. Liberty will waive the creditworthiness requirement on
an non-discriminatory basis for Replacement Customers and permit them to submit
bids, if the Releasing Customer provides Liberty with a guarantee or other form
of credit assurance in form and substance satisfactory to Liberty of all
financial obligations of the Replacement Customer with respect to the capacity
being released by Releasing Customer prior to the commencement of service to the
Replacement Customer.
4.9     Nominations.  Following its selection, and prior to the flow of Gas,
the Replacement Customer shall be permitted to submit nominations pursuant to
the terms and conditions of the applicable Rate Schedule and the General Terms
and Conditions of this FERC Gas Tariff.