FYI
---------------------- Forwarded by John Ale/HOU/AZURIX on 06/29/2000 08:53 
AM ---------------------------


"Keith Harris" <keith.harris@wessexwater.co.uk> on 06/29/2000 06:36:39 AM
Please respond to "Keith Harris" <keith.harris@wessexwater.co.uk>
To: "john coppack" <jb.coppack@wessexwater.co.uk>, 
kevin.gibbs@wessexwater.co.uk, Gareth Jones/BTH/AZURIX@AZURIX, Keith 
Willett/BTH/AZURIX@AZURIX, "legal" <legal@wessexwater.co.uk>, "'Chris Perry'" 
<chris.perry@wessexwater.co.uk>, "Nigel Reed" <nigel.reed@wessexwater.co.uk>, 
Jim.Wheaton@CliffordChance.com
cc: John Ale/HOU/AZURIX@AZURIX, Chris.Bright@CliffordChance.com, 
colin.skellett@wessexwater.co.uk, sam.allen@wessexwater.co.uk, Libby 
Gawith/BTH/AZURIX@AZURIX 

Subject: contracts



All

Attached are the payment terms for 3 contract types agreed at Management Team 
on Tuesday

1    O&M for existing standards & asset condition
2    Meeting new pre-determined standards
3    Meeting new discretionary standards and growth

The note is designed to be the parameters within which the contracts will be 
structured

The objective is to move this note to Heads of Terms by the end on July

Please contact me if you have any problems.

In case Gareth has not told you the Clifford Chance team will be with us at 
9.30 on Friday in Bristol to begin work on this.

Gareth - Where are you planning to meet

Keith


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 - STRUCTURE OF CONTRACTS (4).doc