Just wanted you to have a copy of everything I received. I will make all
of these changes and send it out.

-----Original Message-----
From: Alan.Larsen@enron.com [mailto:Alan.Larsen@enron.com]
Sent: Thursday, January 11, 2001 12:07 PM
To: Thompson, Peter J.
Subject: Fountain Valley GT Procurement Agreement


Peter-the values to insert in the contract are in bold in the
spreadsheet
attachment below.  No periods in E-Next Generation LLC
---------------------- Forwarded by Alan Larsen/PDX/ECT on 01/11/2001
08:54
AM ---------------------------


Ed Dannhaus@ENRON_DEVELOPMENT
01/11/2001 09:13 AM

To:   Alan Larsen@ECT, Jeff G
      Slaughter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark Mullen@ECT
cc:   Larry Leib@Enron

Subject:  Fountain Valley GT Procurement Agreement

See the attached.  The original  contract called for net electrical
output
so we have to live with net.  The attached table outlines the net output
for gurantees and specific gurantees.  We now have to measure their aux
consumption to insure we are not cheated.
---------------------- Forwarded by Ed Dannhaus/ENRON_DEVELOPMENT on
01/11/2001 08:53 AM ---------------------------


Larry Leib@ENRON
01/11/2001 07:28 AM

To:   genel@nepco.com, Brian D
Barto/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
      ed.dannhaus@enron.com, ken.reynolds@nepco.com, John
      Normand/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject:  Fountain Valley GT Procurement Agreement

Ed Dannhaus asked me to recall a conversation held with Lee Johnson a
few
days ago in which Lee relayed calculations that he had prepared for Ed.
I
had not acted on the information, assuming it would be relayed to me
through Ed.  Evidently, Lee did not get back to Ed, so I have attached a
summary of my notes.  In preparing this note, I have reviewed the
content
and the Procurement Agreement terms and provide comments to Lee's info.
with required adjustments.  The values and adjustments to be  used in
the
agreement are in bold font.    See attached.

I must also note that the Basis Conditions included in the last draft
included a note that new and clean conditions exist for up to 200 fired
hours.  Section 10.12.4 orf the agreement states 300 hours.  The Basis
Conditions should reference 300 hours.


 (See attached file: specific performance.xls)

Regards,

Larry



 - specific performance.xls