---------------------- Forwarded by Ben Jacoby/HOU/ECT on 01/05/2001 01:56 PM 
---------------------------


Mike J Miller
01/05/2001 02:57 PM
To: Lisa Bills/Corp/Enron, Ben Jacoby/HOU/ECT@ECT, Ozzie Pagan/HOU/ECT@ECT, 
Christopher F Calger/PDX/ECT@ECT
cc:  
Subject: Format - Enron Draft MOU

Attached below is the standard form GE Term Sheet.  Certain items have been 
left blank, including price and shipment dates.  GE told me that the 
$39,970,000 per turbine set number is still the notional price based on the 
GenPower Dell scope.  This aforementioned scope means that we will need to 
purchase an extra static starter ($900,000) and a water wash skid ($150,000) 
to take two sets of two turbines and split them up intop three projects 
(Longview, Ft Pierce, Fla Peaker).  As usual, things like dual fuel ($2 MM), 
peaker stacks ($1.5-2MM) and inlet cooling options are scope additions and 
are not included in the MSRP.  Please get me your comments as soon as 
possible to keep the process moving.  We can use this term sheet with 
business points discussed with GE to get the DASh process moving.  Shipment 
dates are still uncertain.  GE will try and accomadate us with turbines that 
will work for combined cycle as well as peakers for summer 2003 start dates.  
We will not know what (if any) turbines that we will get until GE goes into 
their DASH process next week.

Thanks,

Mike J Miller
---------------------- Forwarded by Mike J Miller/HOU/ECT on 01/05/2001 02:39 
PM ---------------------------


john.schroeder@ps.ge.com on 01/05/2001 01:01:05 PM
To: Mike.J.Miller@enron.com
cc: scott.terhune@ps.ge.com 
Subject: Format - Enron Draft MOU



Dear Mike
Here the format of an MOU for units, however this is not an offer to sell.

The potential ready to ship dates and pricing have been deleted.

Best Regards
John
John H Schroeder, Jr.
GE Power Systems Account Mgr.
2707 North Loop West, 9th Floor
Houston, Texas 77008
(713) 803-0525
Fax - 0567

> -----Original Message-----
> From: Swift, Stephen L (PS, CommOps)
> Sent: Friday, January 05, 2001 10:37 AM
> To: Schroeder, John H Jr (PS, Sales)
> Subject: Enron Draft MOU
>
> John,
>
> Attached is a typical MOU that we would use with Enron.  We are not
> authorized to make any offers to customers until after Tuesday 1/9/01 if
> any units are made available to us.  We can circulate this for Enron to
> begin a preliminary review with the understanding this is not an offer to
> sell.
>
> Let me know if you have any questions.
>
> Steve Swift
>
>
>
>  <<TPA Rev Draft.doc>>

 - TPA Rev Draft.doc