-----Original Message-----
From: 	Ring, Richard  
Sent:	Wednesday, October 10, 2001 9:20 AM
To:	Hansen, Bob
Cc:	Raque, Michele; Misra, Narsimha
Subject:	RE: MD Index Product - Scheduling Fee

Bob,

I think that for the moment the $0.25/MWh for the scheduling fee component is fine to utilize.  Michelle is in the process of reviewing all BGE scheduling requirements and within the next few days should have be able to determine the accuracy of the $0.25/MWh scheduling fee component.

Richard

 -----Original Message-----
From: 	Hansen, Bob  
Sent:	Wednesday, October 10, 2001 9:10 AM
To:	Pan, Liqun; Ring, Richard; Raque, Michele
Cc:	Johnson, Gillian
Subject:	MD Index Product - Scheduling Fee


Good Morning....

As a placeholder, Narsimha previously suggested $0.25/MWH for the scheduling fee component of the fixed "Management Fee".  Do you think this is still a reasonable number to use?  If so, we would use it in our notional estimates, and Deal Management would use the same value for executable pricing.   

Thanks!
Bob