Northern Border Pipeline Company

First Revised Volume No. 1

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

First Revised Sheet No. 284.01 First Revised Sheet No. 284.01

Superseding: Original Sheet No. 284.01

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)

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

2 of the Bid distance between Ventura, IA

and North Hayden, IN that lies between the

Primary Receipt Point and the Primary

Delivery Point divided by 100.

Rate per Dth Bid regardless of term. The

higher the rate, the higher the ranking.

(c) Method C - Net Revenue of Bids for Capacity

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

Net Revenue = Q * [(R * D ) + (R * D )] * n

1 1 2 2

Method C - Net Revenue of Bids for Capacity

Under Rate Schedule FCS-DP

Net Revenue = Q * R * n

3

Where:

Q = Bid Quantity (Mcf)

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.