Enron Mail

From:kathleen.carnahan@enron.com
To:barton.clark@enron.com
Subject:Re: Stone and Webster/Black & Veatch/Other Development Agreements
Cc:roger.balog@enron.com, kay.mann@enron.com, ben.jacoby@enron.com
Bcc:roger.balog@enron.com, kay.mann@enron.com, ben.jacoby@enron.com
Date:Fri, 9 Feb 2001 00:00:00 -0800 (PST)

Bart,

I will try my hardest to take care of this today. We have a mandatory
offsite from 9:00-1:00 today (fyi). I can't tell you how glad I was to see
this message because I am working on another Law Gibb PSA and related tasking
letter on a Florida sitre and did not know that there were certain
requirements to be met to fit within TurboPark.




Barton Clark@ECT
02/08/2001 06:25 PM
To: Kathleen Carnahan/NA/Enron@Enron
cc: Herman Manis/Corp/Enron@ENRON

Subject: Re: Stone and Webster/Black & Veatch/Other Development Agreements

Can you organize the Law Gibb Professional Services Agreement and amendments
thereto and the related Law Gibb Tasking Letter (s) and amendments thereto
and send them to Herman? I also gave you my FP&L interconnection file, and I
believe the agreement referred to by Herman is in there, so if you would
please send him that as well. Please send him copies as he likes to mark on
things. Thanks.
----- Forwarded by Barton Clark/HOU/ECT on 02/08/2001 06:20 PM -----

Herman Manis@ENRON
02/08/2001 04:49 PM

To: Barton Clark/HOU/ECT@ECT
cc: Lisa Bills/Corp/Enron
Subject: Re: Stone and Webster/Black & Veatch/Other Development Agreements

I need to see the Law Gibb DSA & Tasking Letter and the FP&L Interconnection
Study Agreement.




Barton Clark@ECT
02/08/2001 04:43 PM
To: David Fairley/HOU/ECT@ECT, Mathew Gimble/HOU/ECT@ECT, Bruce
Golden/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Darrell Stovall/NA/Enron@Enron,
George McCormick/HOU/ECT@ECT
cc: Lisa Bills/Enron@EnronXGate, Catherine Clark/Enron@EnronXGate, Roseann
Engeldorf/Corp/Enron@ENRON, Herman Manis/Corp/Enron@ENRON
Subject: Stone and Webster/Black & Veatch/Other Development Agreements

Attached are Turbo Park and accounting "approved" forms of the Technical
Design Services Agreement between FPRP and Stone & Webster ( TDSA) and the
Agreement for Professional Engineering Services between FPRP and Black &
Veatch ( B&V Agreement). Each form has to now be fashioned to reflect the
business deal/payment terms/etc. Note that the Scope of Work on the TDSA
underwent substantial modification to conform with 97-10 requirements, and
the attached draft Scope of Work only deals with the Facility ( as defined in
the TDSA ), and not the "improvements" ( which term was included in the draft
Tasking Letter from which the Scope of Work was fashioned).I assume we will
need to "clone" this TDSA except for a different Scope of Work description to
deal with such "improvements" other than the Facility ( ie, I assume these
are the King Plant improvements).

The TDSA is calculated to put as much of the Turbo Park-approved EPC in front
of Stone & Webster at the earliest possible date, so that the amendment and
restatement of the TDSA to make it a full blown Turbo Park EPC Contract will
be more straightforward. Right now, it is contemplated FPRP would assign its
interests as Construction Manager under the TDSA to ENA, and the TDSA would
be concurrently amended and restated as set forth above, both at the time the
FPRP goes into Phase II of Turbo Park. At the time FPRP goes into Phase I of
Turbo Park, I believe the TDSA can remain an FPRP obligation ( like any other
development agreement signed by a project entity that is subsequently
transferred into Turbo Park). Since the TDSA now only involves soft cost
expenditures, FPRP can sign it as soon as it is negotiated and agreed by
Stone & Webster and before it goes into Phase I of Turbo Park.

The B& V Agreement, which was modeled on Black & Veatch's agreement with
FPUA, also can be signed prior to going into Phase I as soon as it is
negotiated with Black & Veatch. Like the TDSA, there are commercial terms
that need to be added. It was modeled on the FPUA Black & Veatch Agreement
because that should speed negotiation with B & V on its terms, and we may
want to assign the B & V Agreement to FPUA ( and they too would be
comfortable with its terms). My understanding is that FPUA is supervising the
transmission work and will be driving the design and engineering of the
transmission facilities, so it may make sense for FPRP to assign the B & V
Agreement to FPUA and simply retain the obligation to pay B & V ( up to a
cap).

I also have attached a revised version of the spreadsheet Mathew prepared
listing FPRP contracts already entered into by FPRP ( the so-called secondary
development agreements) and those proposed to be entered into before we go
into Phase I of Turbo Park. Herman and Lisa, let me know which of the
secondary agreements you have not previously reviewed ( those marked NO re
your review ) that you need to review, and I will endeavor to furnish them to
you.

Let me know if you have any questions.