Northern Border Pipeline Company

First Revised Volume No. 1

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Effective Date: 05/01/2006, Docket: RP06- 72-000, Status: Suspended

Third Revised Sheet No. 106A Third Revised Sheet No. 106A : Suspended

Superseding: Second Revised Sheet No. 106A

RATE SCHEDULE T-1

FIRM SERVICE

 

5. RIGHT OF FIRST REFUSAL (Continued)

 

5.2 Posting/Bid Procedures (Continued)

 

5.23 Selection of Best Bid (Continued)

 

(c) Company shall notify Shipper in writing within

one (1) day after the Bid Close Date of the Best

Bid(s) or if no acceptable Bids were received.

 

(d) In order for a Shipper to retain its capacity,

Shipper shall notify Company in writing within ten

(10) business days of notification in

Subsection 5.23(c) that Shipper elects to match the

contract term(s) and rate(s) contained in the Best

Bid(s) for all or a percentage of the Maximum

Receipt Quantity. If the Best Bid(s) contains a

Negotiated Rate, Shipper may retain all or a

portion of its Maximum Receipt Quantity in

accordance with this Paragraph (d) by choosing one

of the options for rate pursuant to Subsection

38.23 of the General Terms and Conditions.

 

(e) In the event there is capacity remaining after

Shipper's election in Subsection 5.23(d), each

Person submitting a Best Bid will be notified of

its awarded capacity within one business day

following receipt of Shipper's notice to Company

except as noted in Subsection 5.22(c).

 

(f) In the event there is capacity remaining after

Shipper's election in Subsection 5.23(d) and there

is more than one Best Bid, the firm capacity shall

be allocated in the sequence in which the Best

Bid(s) are drawn one at a time at random from a

bowl in which each of the Best Bid(s) have been

placed individually. Best Bid(s) will continue to

be drawn until all the firm capacity has been

allocated. The drawing will be conducted by a

separate impartial entity not affiliated with

Company and will be completed within two business

days of the Bid Closing Date.

 

(g) The Best Bid(s), including the identity of the

bidder(s), will be posted on Company's Internet

web site within one (1) business day of award.