Subject: SoCal Interests Calculation
From: [email-masked]
To: [email-masked], [email-masked], [email-masked], [email-masked], [email-masked]
Cc: [email-masked]
Date: Tue, 6 Nov 2001 07:17:04 -0800 (PST)

Attached is a spreadsheet where James has calculated the interest owed by SoCal.  The interest totals about $0.5 MM.

We have not been billing interest.  The system does not generate an interest invoice until the disputed amount is paid.  Then, based upon when it's paid, the interest is calculated.