Las Vegas Cogen - Nevada Power Response to RFP

In a mad dash to meet the RFP response deadline, a draft of the Response to
RFP to be submitted by Las Vegas Cogeneration Limited Partnership and ENA to
Nevada Power is attached.

The Response to RFP is due tomorrow by overnight delivery.

This is my first foray into the EEI Master, and particularly in connection
with unit-firm power / tolling contracts. I would greatly appreciate a
review and comment by Shari and/or Elizabeth, given the size and duration of
the proposed transaction. One of the attachments is a partial cover sheet
reflecting certain of the changes to the documents requested by Nevada
Power. The full list of requests, as incorporated into the RFP form, is
attached for reference.

I am not satisfied with the provisions of the "unit firm" contract regarding
availability/power delivery. We need to adequately document that the plant
is allowed to be off-line, and not to make power deliveries, during
maintenance periods. The "unit firm" definition should cover other
unscheduled outages. Suggestions would be greatly appreciated.

Please note that the form of ISDA contract is not attached. I understand
Tracy has done the credit worksheet, and I hope to have a copy of the
contract for attachment by noon tomorrow.

Apologies to all for the rushed nature of this project. It has been one of
those things. Your help is greatly appreciated.