Attached is the latest weekly report. You should notice a significant
increase in forecast by the amount of the Acceleration for each project
(previously shown as Unapproved trend changes, not included in forecast)
totaling $21.5 million. I am currently working with the developers to
revise the forecast for the ENA expenses for such items as Spare Parts and
Interconnect Costs.

The report does reflect Nepco payments through June with an Estimate to
Complete. However the report does not show actuals by budget line item for
the NEPCO reimbursables for May (Gleason and Wheatland) or June. Mike
Miller and I are currently working with EECC trying to resolve three issues,
one of which are timely accurate reports.

Dave,

I did receive an invoice from EECC for the $9 million fee for the 2000
projects, which I think Mike forwarded to you. Let me know if I need to
include the fee, previously pulled out, in the forecast.

Thanks Amy 3-7805