Message-ID: <5504467.1075852506407.JavaMail.evans@thyme> Date: Wed, 10 Oct 2001 14:11:11 -0700 (PDT) From: d..steffes@enron.com To: b..sanders@enron.com Subject: FW: Status of Reconciliation of Receivables with PG&E Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable X-From: Steffes, James D. X-To: Sanders, Richard B. X-cc: X-bcc: X-Folder: \JSTEFFE (Non-Privileged)\Steffes, James D.\Sent Items X-Origin: Steffes-J X-FileName: JSTEFFE (Non-Privileged).pst FYI. -----Original Message----- From: =09Curry, Wanda =20 Sent:=09Wednesday, October 10, 2001 2:19 PM To:=09Mellencamp, Lisa; Tribolet, Michael Cc:=09Colwell, Wes; Steffes, James D. Subject:=09Status of Reconciliation of Receivables with PG&E Privileged and Confidential=20 Lisa and Michael, I talked with two representatives from PG&E today, Robert Orbeta and Fong = Wan, regarding the reconciliation of amounts included in Enron's Proof Of C= laim, which total almost $404 million dollars, to the books and records of= PG&E. Both Robert and Fong agree that 1) no significant differences have = been found, 2) the total variance, including IBM, is approximately $2 mill= ion dollars, and 3) the reconciliation is substantially complete and theref= ore, the results should not change materially. Diann Huddleson will call h= er counterpart, Mike Alexander, this afternoon to request a schedule, by a= ccount, of these variances. As you know, Enron's Proof of Claim is a compi= lation of charges/credits reflected on PG&E invoices, and therefore, the on= ly differences should have been the result of omissions, duplications, or o= ther query failures. All things being equal, the reconciliation should hav= e been a simple comparison, but at an account level. The sheer number of a= ccounts for several months of activity, made this reconciliation a challen= ge.=20 Both Robert and Fong made remarks regarding Enron's claim for the IBM dual = bill accounts. Mr. Fong also commented that another outstanding item, in = his opinion, was the "FERC refund case". I suggested that these items be = included on the agenda for the settlement discussions scheduled for next we= ek.=20 Let me know if you need anything further.=20 Thanks, Wanda