Northern Border Pipeline Company

First Revised Volume No. 1

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Effective Date: 06/01/2003, Docket: RP00-403-004, Status: Effective

Substitute Third Revised Sheet No. 122 Substitute Third Revised Sheet No. 122 : Effective

Superseding: Second Revised Sheet No. 122

RATE SCHEDULE T-1

FIRM SERVICE

 

5. RIGHT OF FIRST REFUSAL (Continued)

 

5.2 Posting/Bid Procedures (Continued)

 

5.22 Bid Procedures (Continued)

 

(c) The Company will allow Bids for capacity which

are contingent upon the bidder obtaining capacity

on another pipeline(s). The Bid must specify the

contingency, including the timing of when the

results of the other pipeline(s) evaluation and

allocation process will be completed. In those

instances where such a contingent Bid(s) is

determined to be the Best Bid, the allocation of

capacity may be delayed, without undue

discrimination, pending satisfaction of the

contingency. If such contingency has not been

resolved by no later than 30 days before the

expiration of the applicable service agreement,

then such contingent bid is deemed void.

 

(d) If a Bid is received which contains conditions,

other than those allowed in Subsection 5.22(c),

that are not satisfied at Bid Closing Date, such

Bid shall not be accepted.

 

(e) A bidder may withdraw its Bid prior to the Bid

Closing Date upon written notice to Company.

 

(f) The winning Bid(s), including the identity of

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

Internet web site within two business days.

 

5.23 Selection of Best Bid

 

(a) For purposes of determining the Best Bid(s),

Company will use Method A as detailed in

Subsection 27.23(a) and, if applicable for

Negotiated Rate bids, Subsection 38.3 of the

General Terms and Conditions. (Where competing

Bids at less than the Maximum Rate are received,

Shipper need not match the Bid unless it is

accepted by Company.)

 

(b) Company will evaluate Bids received within one

business day of the Bid Closing Date except as

noted in Subsection 5.22(c).