Enron Mail

From:drew.fossum@enron.com
To:bill.cordes@enron.com
Subject:Re: Pueblo
Cc:
Bcc:
Date:Fri, 26 May 2000 10:08:00 -0700 (PDT)

For some reason the initial email didn't go through to him--I forwarded it
separately. Thanks. DF





From: Bill Cordes 05/26/2000 03:40 PM


To: Drew Fossum/ET&S/Enron@ENRON
cc:

Subject: Re: Pueblo

Thank you. Did you mean to leave Bill Gang off your distribution list?





From: Drew Fossum 05/26/2000 02:00 PM


To: Bill Cordes/ET&S/Enron@ENRON
cc: Steven Harris/ET&S/Enron@Enron, Kevin Hyatt/ET&S/Enron@Enron

Subject: Pueblo

Per our discussion last week, this is the status on Pueblo. I think we need
to establish to our satisfaction the bona fides of Dennis' government
contracting scheme before we pitch hard to have ENA get into the deal and
scrub down the numbers on the power plant. If our govcon gurus (Bill Votaw
and Bill Gang--both ex military guys working on DOD outsourcing deals for
Enron Federal Solutions) buy off on it, then I think we brief Stan at that
point. You, Stan and Steve will then need to decide the best way to pitch
ENA to verify the economics and potentially get into the deal. Either we'd
have Stan push from the top down or have Kevin and Steve go directly to the
ENA deal guys. More to follow.
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 05/26/2000
01:50 PM ---------------------------



From: Drew Fossum 05/26/2000 01:51 PM


To: Kevin Hyatt/ET&S/Enron@Enron, Bill Votaw/HOU/EES@EES
cc: Steven Harris/ET&S/Enron@Enron

Subject: Pueblo

I just talked to Tino Monaldo, Dennis Langley's lawyer/project manager for
the Pueblo project. I explained Bill and Bill's credentials and concerns and
Tino suggested that a sit down between Enron and their government contracts
team might be helpful. He offered to do it in Houston, probably late next
week or the following week. Attending would be Dennis, Tino, and their
outside lawyers, Jim Slattery and Rick Harrington. Harrington is the key--he
is a retired military guy and one of the lead govt. contracts lawyers at my
old firm in DC. The would basically put on a dog and pony walking us all
through their sole source strategy, including their legal interpretations
and the allies they have lined up within DOE/DOD. Bill and Bill--does such a
meeting sound productive? If so, should we have outside govt. contracts
counsel present and if so, who do you suggest?

On a related note, Tino explained (without me asking or really caring) that
he was in the middle of a "big drafting project"--revising Dennis' joint
venture agreement with the Isleta. I took the opportunity to express my
concern at how far down the road Dennis is getting on the overall deal,
including structure issues, without knowing whether Enron is even on board.
I reminded Tino that GPG has not committed to participating in the pipeline
or the power plant, and that we have not obtained ENA's agreement to commit
turbines. Apparently Dennis believes that if the economics pans out, Enron
or someone else yet to be identified will magically jump in to the deal with
money, turbines, etc. If Enron does eventually decide to get into this
deal, the agreements and promises that Dennis has already made may need to be
revisited. Thanks for your patience on this project. DF