Northern Border Pipeline Company

First Revised Volume No. 1

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

Sixth Revised Sheet No. 270 Sixth Revised Sheet No. 270 : Suspended

Superseding: Fourth 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) For capacity for a term of one year or more, that is

generally available at least 95 days prior to the

commencement of service date or the termination date of

a Service Agreement for such capacity and is no longer

subject to Section 5 of Rate Schedule T-1 (long-term

available capacity), the following criteria and

procedures shall apply:

 

Company will post such capacity on its Informational

Postings web site, 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. The

identity of the bidder shall be kept confidential. The

Bid Closing Date for long-term available capacity will

be a minimum of five business days after such capacity

is posted for Bid. Company reserves the right not to

accept a Bid for such capacity at 1) a rate less than

the Maximum Rate; and/or 2) a path within but shorter

than the path criteria set forth in the posting, and/or

3) a term less than one year. Acceptable Bids will be

posted within one business day of receipt of Bid.

 

If no acceptable Bids are received during a bid period,

Company will post the capacity as available on a

long-term basis 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 Bid for such capacity to

Company's Marketing Department. The time the Bid is

received will be used to determine the sequence of

Bids. From 90 days or more prior to the commencement

of service date, Company reserves the right not to

accept a Bid for such long-term capacity at 1) a rate

less than the Maximum Rate, or 2) a path within but

shorter than the path criteria set forth in the

posting, or 3) a term less than one year.