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Enron Mail |
Hello Cathy and Ed-
Just wanted to let you know my progress on cost estimates and documents. The paperwork will be broken down into two documents for the initial phase. The first is a "Commitment" letter (an LOI of sorts) for just the free posting system we have been talking about. It will be followed by a full blown "Electronic Transacations Agreement" that I am sure will take much longer for all our lawyers to get through. I need to get the LOI's done to show our management here the level of commitment we have from our initial launch pipelines, and it should be to you within the week. I am hoping this short document will not have a tough time getting through your legal processes. The next document (ETA) will closely follow the LOI's, but I know will be more of a negotiation since that is where the real details are spelled out. We are still in the process of finalizing the costs (Gap Analysis) and the deliverables for the GIR settlement system requirements. I should have more information on this by the end of the week. We unfortunately have had some slippage on the start date of phase one due to some scope changes, and personnel issues. We are definately looking into first quarter of next year, so that buys us some time with getting the documents through our respective legal departments. I apologize for this delay, but once we have the signed LOI's back in our shop, we will be able to lock down a launch date. Please give me a call if you have any questions. I will update you as news breaks...... Thanks, Julie :-)
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