Northern Border Pipeline Company

First Revised Volume No. 1

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

Fourth Revised Sheet No. 286B.02 Fourth Revised Sheet No. 286B.02

Superseding: Third Revised Sheet No. 286B.02

GENERAL TERMS AND CONDITIONS

27. RELEASE OF FIRM CAPACITY (Continued)

27.70 Capacity Release Timeline (Continued)

(f) Intra-day 2 Cycle

(i) posting of prearranged deals not subject to bid

are due by 4:00 p.m. (CCT);

(ii) contract issued within one hour of award posting

(with a new contract number, when applicable);

nomination possible beginning at the next

available nomination cycle for the effective date

of the contract.

(g) Methodologies Supported by Capacity Release

Standard Timeline

For the capacity release business process timing

model, only the following methodologies are required

to be supported by Company and provided to releasing

shippers as choices from which they may select and,

once chosen, shall be used in determining the awards

from the bid(s) submitted. They are: 1) highest rate,

2) net revenue, and 3) present value. [5.3.3]

(h) Methodologies Not Supported by Capacity Release

Standard Timeline

Other choices of bid evaluation methodologies

(including other releasing shipper defined evaluation

methodologies) shall be accorded similar timeline

evaluation treatment at the discretion of Company.

However, Company is not required to offer other

choices or similar timeline treatment for other

choices, nor, is Company held to the timeline should

the releasing shipper elect another method of

evaluation. [5.3.3]