Enron Mail

From:david.delainey@enron.com
To:janet.dietrich@enron.com
Subject:Austin Implementation
Cc:
Bcc:
Date:Thu, 25 May 2000 11:49:00 -0700 (PDT)

Janet, I though we signed a turnkey with NEPCO - there should not be any
overruns to your P&L if that is the case.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 05/25/2000
06:47 PM ---------------------------


Janet R Dietrich
05/25/2000 08:30 AM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Austin Implementation


Dave, since the ENA power desk will be receiving 100% of all earnings related
to the City of Austin capacity, it's only appropriate that any cost overruns
will be sent directly to their P/L. There isn't anything that leads me to
believe there will be overruns, but you know how that goes with NEPCO and I
want to be very clear up front that if something should occur, I have no
ability to offset the cost with other Austin earnings.

I'd also like to set aside some time when we can talk thru several business
items/issues. The teaser list is as follows: continuing internal noise
between the desks and origination groups related to deals and primarily the
P/L split (any maybe a few solutions), the followup and status and
recommendations on the global LNG business and ENA's interest (I've had
meetings with Doug Rotenburg, Vince Kiminski, others, and new info from our
Duke meeting), status of Chicago office, clarification on leftover items from
Columbia acquisition last year, employee hiring/contracts, etc.

Maybe we can get together this afternoon or tomorrow. How about the status of
the FP&L meeting with Jim Broadhead?
---------------------- Forwarded by Janet R Dietrich/HOU/ECT on 05/25/2000
08:03 AM ---------------------------


Janet R Dietrich
05/25/2000 08:04 AM
To: Jeffrey M Keenan/HOU/ECT@ECT, Ben Jacoby/HOU/ECT@ECT, Dean
Dashwood/LON/ECT@ECT, Billy Lemmons/Corp/Enron@ENRON
cc:
Subject: Austin Implementation


Hey guys. I would like an outline of the City of Austin project as far as how
this will be managed from ENA's standpoint. My understanding is that Jeff
Keenan will be the Project Manager for ENA and will be entirely responsible
for the implementation of all aspects to bring the plant to commercial
operations. This would include schedule, permitting, interconnect agreements,
managing NEPCO to the $88.3 million total cost, etc. Everyone needs to
realize that this team will realize a true loss on any overruns above the
$88.3 million. I've asked Tammy Shepherd to set up a budget, schedule and
weekly distribution similarly to how we handled Doyle and the other projects.
I'm assuming that this team is managing everything related to the Austin
project and is accountable for its successful implementation.

If we need to discuss anything related to the above, let me know. Thanks.