Message-ID: <29160539.1075842556823.JavaMail.evans@thyme> Date: Fri, 26 Jan 2001 05:48:00 -0800 (PST) From: drew.fossum@enron.com To: martha.benner@enron.com Subject: Re: P G & E Credit Assurance Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Drew Fossum X-To: Martha Benner X-cc: X-bcc: X-Folder: \Drew_Fossum_Dec2000_June2001_2\Notes Folders\Sent X-Origin: FOSSUM-D X-FileName: dfossum.nsf pls print. thanks df ---------------------- Forwarded by Drew Fossum/ET&S/Enron on 01/26/2001 01:52 PM --------------------------- Drew Fossum 01/26/2001 01:21 PM To: Rod Hayslett/FGT/Enron@ENRON cc: Paul Cherry/GPGFIN/Enron@ENRON, Jerry Peters/NPNG/Enron@ENRON, Julia White/ET&S/Enron@ENRON, Rick Dietz/ET&S/Enron@ENRON, Maria Pavlou/Enron@EnronXGate, Steven Harris/ET&S/Enron@ENRON, Lee Huber/ET&S/Enron@ENRON, Steven Harris/ET&S/Enron@ENRON Subject: Re: P G & E Credit Assurance I think I beat your deadline for internal distribution, but we need a bit more time to make sure this approach will work. In particular, Julia and Rick need to take a quick look at the true up mechanism and I need to go back through it one more time to make sure I haven't forgotten something and to clean it up. I look forward to your comments. DF Rod Hayslett 01/26/2001 12:57 PM To: Paul Cherry/GPGFIN/Enron@ENRON cc: Jerry Peters/NPNG/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON Subject: Re: P G & E Credit Assurance I would agree with Paul, unless Drew thinks we can get the agreement out of here in the next 30-40 minutes. From: Paul Cherry 01/26/2001 12:46 PM To: Jerry Peters/NPNG/Enron@ENRON, Rod Hayslett/FGT/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON cc: Subject: P G & E Credit Assurance In order to comply with the request we have made to P G & E of a 12:00 P.M. CST deadline, Chris Chung of P G & E has advised that our proposal has to be submitted to him by Noon today in order to effect a wire transfer by the Monday deadline. Drew is close in the completion of generating the Agreement, however, with the internal review and approval process, it is doubtful we can achieve the timetable needed by P G & E. It would be my recommendation that we extend the deadline from Monday, January 29 at Noon to Tuesday, January 30 at Noon. This would permit our internal review with the expectation of sending P G & E our Agreement by Monday morning and allowing time for their review. I have spoken to Drew and he is comfortable with this approach. Additionally, in my conversation with Chung, I indicated that our approach and proposal would be for P G & E to wire transfer the necessary funds prior to our providing transportation for February and then payment would be expected to be made for the January transportation on the appropriate due date in February. (Approximately the tenth ) Please advise your comments at your earliest conveniece. Thanks and Regards.