team : we had a very productive meeting with abb today . attending the meeting from enron ' s side were drew tingleaf , scott laidlaw , carlos sole and mike curry . dave duran and louise kitchen spent time emphasizing our commitment to this project and some of the steps enron is taking to see it through to conclusion .
attending from abb ' s side were svante svenson ( president of abb hvdc division ) , lars carlson ( project manager ) and mike sandridge ( sales rep ) .
both parties agreed to the following actions and schedule :
1 . enron will by april 30 , 2001 ( monday ) :
a . draft a letter amending and reinstating the epc contract of 10 / 27 / 00 ( the " letter " ) and send it to abb for their comments .
b . draft a revised exhibit q ( cancellation payments ) .
2 . abb will , by may 4 , 2001 , provide enron with the following :
a . propose a new schedule to the epc contract ( to replace the old schedule a - 2 ) providing for both notice to proceed ( " ntp " ) and corresponding guaranteed completion dates ( " gcd " ) between may 1 and december 31 , 2000 on a daily basis . abb verbally stated their strong commitment towards achieving an overall project schedule of 15 . 5 months between ntp and gcd .
b . revised exhibit a - 1 and y .
3 . abb and enron plan to execute the letter by may 9 , 2001 .
i will schedule a team meeting next week to bring everyone up to speed on exactly where we are with other aspects of the project . please call me with any questions you might have at x 36649 .
dtt
team :
we had a very productive meeting with abb today . attending the meeting from enron ' s side were drew tingleaf , scott laidlaw , carlos sole and mike curry . dave duran and louise kitchen spent time emphasizing our commitment to this project and some of the steps enron is taking to see it through to conclusion .
attending from abb ' s side were svante svenson ( president of abb hvdc division ) , lars carlson ( project manager ) and mike sandridge ( sales rep ) .
both parties agreed to the following actions and schedule :
1 . enron will by april 30 , 2001 ( monday ) :
a . draft a letter amending and reinstating the epc contract of 10 / 27 / 00 ( the " letter " ) and send it to abb for their comments .
b . draft a revised exhibit q ( cancellation payments ) .
2 . abb will , by may 4 , 2001 , provide enron with the following :
a . propose a new schedule to the epc contract ( to replace the old schedule a - 2 ) providing for both notice to proceed ( " ntp " ) and corresponding guaranteed completion dates ( " gcd " ) between may 1 and december 31 , 2000 on a daily basis . abb verbally stated their strong commitment towards achieving an overall project schedule of 15 . 5 months between ntp and gcd .
b . revised exhibit a - 1 and y .
3 . abb and enron plan to execute the letter by may 9 , 2001 .
i will schedule a team meeting next week to bring everyone up to speed on exactly where we are with other aspects of the project . please call me with any questions you might have at x 36649 .
dtt