Northern Border Pipeline Company

First Revised Volume No. 1

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Effective Date: 05/01/2029, Docket: RP01-288-000, Status: Accepted

Third Revised Sheet Number 286 Third Revised Sheet Number 286 : Superseded

Superseding: Second Revised Sheet Number 286

 

GENERAL TERMS AND CONDITIONS

 

27. RELEASE OF FIRM CAPACITY (Continued)

 

27.2 Capacity Release for Service Pursuant to Rate Schedule T-1R

(Continued)

 

27.24 Standard Administrative Timeline

 

The Standard Administrative Timeline is applicable

to all parties involved in the capacity release

process. However, it is only applicable if 1) all

information provided by the parties to the

transaction is determined by Company to be valid,

and acquiring Shipper has been determined to be

creditworthy before the capacity release Bid is

tendered and 2) there are no special terms or

conditions of the release. [5.3.1/v1.0]

 

The standard capacity release administrative

timeline is as follows [5.3.2/v1.4]:

 

(a) For short term releases (less than five months):

 

(i) Offers shall be tendered between the

hours of 8:00 a.m. and 4:00 p.m. CCT, and

not later than 1:00 p.m. CCT on the day

before nominations are due;

 

provided, however, the latest time that

bidding on the Offer can start is

1:00 p.m. CCT on the business day before

nominations are due;

 

(ii) open season ends no sooner than one hour

after it begins, between the hours of

9:00 a.m. and 5:00 p.m. CCT, and no later

than 2:00 p.m. CCT on the business day

before nominations are due (evaluation

period begins upon the close of the open

season, between the hours of 9:00 a.m.

and 5:00 p.m. CCT, and not later than

2:00 p.m. CCT during which contingency is

eliminated, determination of Best Bid is

made, and ties are broken);

 

(iii) evaluation period ends at 3:15 p.m. CCT

on the business day before nominations

are due;