Northern Border Pipeline Company

First Revised Volume No. 1

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.

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.

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