Northern Border Pipeline Company

First Revised Volume No. 1

Effective Date: 04/01/2002, Docket: RP02-190-000, Status: Effective

Fourth Revised Sheet No. 270 Fourth Revised Sheet No. 270 : Effective

Superseding: Third Revised Sheet No. 270

GENERAL TERMS AND CONDITIONS

26. AWARDING OF AVAILABLE AND PLANNED PIPELINE CAPACITY (Continued)

26.2 Posting of Available Firm Capacity

(a) Company will post available capacity, the criteria for

an acceptable bid, the method for determining the Best

Bid as referenced in Subsection 26.4(a), and the Bid

Closing Date on Company's web site. The identity of

the bidder shall be kept confidential. The Bid Closing

Date for existing available firm capacity will be a

minimum of 24 hours for bids on available capacity of

up to one month; a minimum of three business days for

bids on available capacity for greater than one month

but less than one year; and a minimum of five business

days for bids on available capacity for one year or

more. Acceptable bids will be posted within one

business day of receipt of bid.

(b) If no acceptable bids are received during a Bid Period

pursuant to Subsection 26.2(a), Company will post the

capacity on its web site in order that it may be

awarded on a first-come, first-served basis at a

mutually agreed upon rate under Rate Schedule T-1.

Shippers must submit a request for such capacity by

facsimile to Company's Marketing Department. The time

of the facsimile will be used to determine the

sequence of bids. Company reserves the right not to

award such capacity at less than the Maximum Rate.

Company shall not award such capacity at less than the

Maximum Rate to a marketing affiliate as defined by

Part 161 of the Commission's regulations unless a

request for a discount from a marketing affiliate is

first posted for competitive bid pursuant to the time

frames outlined in Subsection 26.2(a) and no other

competitive bids are determined to be the Best Bid as

a result of such posting.