GENERAL TERMS AND CONDITIONS
                          (Continued)
   
     Standard 5.3.2 and Section 4.5 of these General Terms and
     Conditions (1:00 p.m. Central Clock Time of the applicable
     deadline day) and is received by Clear Creek at its
     designated site no later than 15 minutes after such deadline
     (1:15 p.m. each Business Day). Such timely bid, if
     determined to be valid, shall be evaluated by Clear Creek
     for the purpose of identifying the winning bidder associated
     with the offer upon which the bid was made.  Clear Creek
     shall notify the Replacement Customer whether (1) capacity
     will be awarded or (2) matching bids have been received.
     Replacement Customers with matching bids shall have until
     2:30 p.m. Central Clock Time to increase their bid.
     Capacity will be awarded and posted as provided by Section
     4.7 of these General Terms and Conditions.  If a received
     bid is not valid, Clear Creek shall respond with the proper
     validation document to the applicable submitting party
     within 15 minutes of receipt. If Clear Creek receives an
     upload of an offer or a bid not in association with a
     deadline, Clear Creek shall process and post for review
     valid offers or bids which are received prior to one quarter
     hour period by the end of the next succeeding quarter hour
     period.  In the event such document is not valid, Clear
     Creek shall respond to the submitting party with the
     applicable validation document by the end of the next
     succeeding quarter hour period.  The quarter hour periods
     are on the hour, 15 minutes, 30 minutes and 45 minutes after
     the hour.
   
          The Releasing Customer may request a later posting time
     for posting of such offer insofar as such request comports
     with the standard Capacity Release time line specified in
     Section 4.5 of these General Terms and Conditions.
   
          Although nightly processing and routine maintenance
     occurring outside of the normal business hours may interrupt
     the normal schedule of applicable validation documents, such
     delays shall be kept to a minimum and the normal schedule
     shall be resumed at the earliest opportunity and no later
     than the start of the next Business Day.
   
          4.7 Awarding of Capacity.  Capacity will be awarded no
     later than 3:00 p.m. Central Clock Time (2:00 p.m. Mountain
     Time) each Day. The capacity shall be awarded to the
     Replacement Customer that satisfies the requirements of this
     tariff and also meets the conditions of the offer to release
     capacity.