Northern Border Pipeline Company
First Revised Volume No. 1
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Effective Date: 05/05/2008, Docket: RP08-309-001, Status: Pending
Substitute Fifth Revised Sheet No. 271 Substitute Fifth Revised Sheet No. 271 : Pending
Superseding: Fourth Revised Sheet No. 271
GENERAL TERMS AND CONDITIONS
26. AWARDING OF AVAILABLE AND PLANNED PIPELINE CAPACITY (Continued)
26.3 Bid Procedures (Continued)
satisfaction of the contingency under the following
timeline for clearing the contingency:
i) for service of more than one day and up to one
month, the contingency must be cleared within
24 hours of the Bid;
ii) for service greater than one month but less than
one year, the contingency must be cleared within
3 business days;
iii) for service for one year or more, the contingency
must be cleared within the time frame specified
in Company's posting pursuant to Subsection 26.2
of these General Terms and Conditions, but in no
event shall the specified time frame be less than
five business days or greater than forty-five
(45) calendar days.
(c) If a Bid is received which contains conditions, other than
those allowed in Subsection 26.3(b), that are not satisfied
at Bid Closing Date, such Bid shall not be accepted.
(d) A bidder may withdraw its Bid prior to the Bid Closing
Date upon written notice to Company.
(e) The winning Bid(s), including the identity of the
bidder(s), will be posted on Company's web site.
26.4 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)
of the General Terms and Conditions.
(b) Company will evaluate Bids received and allocate
capacity to the Best Bid(s) no later than the business
day following the Bid Closing Date except as noted in
Subsection 26.3(b) above.
(c) In the event there is more than one Best Bid for
Bids of five months or more, the firm capacity
shall be allocated on a pro rata basis to the
shippers submitting a Best Bid, subject to the