please print.  thanks df
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 08/11/2000 
04:02 PM ---------------------------
   
	
	
	From:  Susan Scott                           08/11/2000 02:12 PM
	

To: Drew Fossum@ENRON, Mary Kay Miller/ET&S/Enron@ENRON, sstojic@gbmdc.com, 
Glen Hass/ET&S/Enron@ENRON, Mary Darveaux/ET&S/Enron@ENRON, Shelley 
Corman/ET&S/Enron@ENRON
cc:  

Subject: Transport Options on TW

Attached is the latest draft of the Transport Option Program filing.  After 
our discussion last week I made a couple of significant changes from the last 
draft.

One is that we're no longer stating that the option fee is going to be 
"market-based."   Instead I have tried to portray the option fee as a 
built-in feature of the transport rate, which is simply being disaggregated 
into a separate option fee.  

The other significant change is that I've structured the tariff language and 
the agreement so that every shipper, regardless of whether they currently use 
transport on TW, will have to have a firm transportation agreement when they 
buy an option.  In other words, a shipper that does not currently have a 
service agreement will simply execute an agreement with a MAXDTQ of zero.  If 
you don't think I've explained this clearly enough, let me know.

I'm meeting informally with the Commercial Group next week to discuss 1) some 
examples of options to make sure the tariff provisions and contract work from 
a logistical standpoint, 2) the bidding process, and how bids for options 
will be evaluated, and 3) further comments received from shippers.  I'll 
circulate our ideas on bidding and awarding options, and any other new ideas 
or questions.

As I've discussed with some of you, our shippers are asking to see the filing 
in its entirety before we file it, and would like to have a roundtable 
meeting prior to filing to discuss their concerns.  I realize there is some 
concern about showing them our filing.  What if we just show them our final 
tariff language and form agreement, and offer to host a meeting to discuss 
their questions?  Let me know what you think.

Our target filing date will depend on whether we have a customer meeting 
first, and when FERC staff is available to talk.