No problem here.  That price is making DWR's contracts look worse and worse every day.  Poor California.  Jeff, if you have questions or want to discuss further, don't hesitate to call me or Sue, though Paul can likely answer most questions.

Best,
Jeff

 -----Original Message-----
From: 	Kaufman, Paul  
Sent:	Friday, September 28, 2001 10:34 AM
To:	Shields, Jeff
Cc:	Dasovich, Jeff; Mara, Susan
Subject:	RE: Notional NP15 5-year Price

I don't see an issue with this.  I've cc'd Jeff Dasovich and Sue Mara to check in with them (while I can see California's pulse on the monitor, they actually have their hand on California's throat)!!!

 -----Original Message-----
From: 	Shields, Jeff  
Sent:	Thursday, September 27, 2001 1:44 PM
To:	Kaufman, Paul
Cc:	Calger, Christopher F.
Subject:	FW: Notional NP15 5-year Price

Mike & Paul,

I have been asked by a consultant to the San Francisco Local Agency Formation Commission to provide a notional number for a 400 MW power supply at NP-15 starting 01-01-02 for 5 years. I had Jeffrey Oh price this but I do not want to send a term sheet until I am sure your OK with this. The situation is that LAFCO has initiated a "30,000 ft. level feasibility study of a measure that is on the ballot to form a new muni in San Francisco and Brisbane. 

Jeff

 -----Original Message-----
From: 	Oh, Jeffrey  
Sent:	Thursday, September 27, 2001 1:29 PM
To:	Shields, Jeff
Subject:	Notional NP15 5-year Price

The price for 7x24 power for NP15 for Jan-02 through Dec-06, 400 MW, is $35.85.

Jeffrey Oh
Enron North America		503.464.7789
121 SW Salmon Street		503.708.1760 (cell)
3WTC 0306			503.464.3740 (fax)
Portland, OR 97204			Jeffrey.Oh@Enron.com