RE: Bond Requirement

Denise, I have spoken to Richard Ring and Gloria Ogenyi, they assured me that it would be taken care of. Thanks for your attention to the matter!

-----Original Message-----
From: Furey, Denise
Sent: Wednesday, November 14, 2001 3:20 PM
To: Herndon, Rogers; Ogenyi, Gloria
Cc: Grisaffi, Mary; Steffes, James D.; Kingerski, Harry; Richter, Jeff; Sharp, Vicki
Subject: RE: Bond Requirement

Mary, who told you we would not pay for this bond?

-----Original Message-----
From: Herndon, Rogers
Sent: Wednesday, November 14, 2001 2:44 PM
To: Ogenyi, Gloria
Cc: Grisaffi, Mary; Steffes, James D.; Kingerski, Harry; Furey, Denise; Richter, Jeff; Sharp, Vicki
Subject: Bond Requirement

Gloria -

Could you please help us gather the facts on what the $12 MM Surety Bond currently being requested (#6131506) is for - is this PG&E?. Mary informed me that funds ($36,000) may not be available, is this correct?

It is my understanding that Credit, Services and Regulatory will be monitoring and processing bond requirements. As such, I would like to know how this would impact EES' business and definitely want to be aware of any default situation prior to reading about it in the press.

Thanks,
Rogers