Northern Border Pipeline Company

First Revised Volume No. 1

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Effective Date: 09/16/2009, Docket: RP09-540-000, Status: Effective

Sixth Revised Sheet No. 284 Sixth Revised Sheet No. 284

Superseding: Fifth Revised Sheet No. 284

 

GENERAL TERMS AND CONDITIONS

 

 

27. RELEASE OF FIRM CAPACITY (Continued)

 

27.60 Selection of Best Bid (Continued)

 

27.61 Company's Bid Evaluation Methods (Continued)

 

i = FERC's annual discount rate divided by

365 days or 366 days during leap year.

 

n = Bid term (days) not to exceed the number

of days posted.

 

The higher the present value, the higher the

ranking.

 

(b) Method B - Highest Rate of Bids for Capacity

Under Rate Schedule(s) T-1 and T-1B

 

Highest Rate = (R * D ) + (R * D )

1 1 2 2

 

Method B - Highest Rate of Bids for Capacity

Under Rate Schedule FCS-DP

 

Highest Rate = R

3

Where:

 

R = Reservation Rate in the Bid per

1 100 Dekatherm-miles - POM to Ventura, IA.

 

R = Reservation Rate in the Bid per

2 100 Dekatherm-miles - Ventura, IA to North

Hayden, IN.

 

R = Reservation Rate in the Bid.

3

 

D = Distance in miles of that portion (if any)

1 of the Bid distance between POM and

Ventura, IA that lies between the Primary

Receipt Point and Primary Delivery Point

divided by 100.