After our IOS adventure last week, I put together the following questions 
that need to be resolved.  Some of them have needed to be resolved for quite 
some time.  Tony, let's talk since I think some of these have already been 
discussed and maybe resolved in the context of developing TW's EnronOnline 
site, and I just need to get up to speed.  To the extent there aren't answers 
yet, I'll get busy researching.  Drew -- comments?  Shall we all get on the 
phone & discuss this?

List of TW contracting issues

1.  Reevaluate the following in the context of current FERC negotiated rate 
policy:

 a.  Transwestern's current form discount letter states:  "[t]he total charge 
shall include all applicable surcharges."   Should this language be revised, 
and if so, how?

 b.  Transwestern usually charges one-part rates, and includes language in 
its discount letter stating that Transwestern shall allocate the combined 
rate between the reservation and commodity components inclusive of 
surcharges.  Are one-part rates really negotiated rates?  material deviations 
from the tariff? 

 c.  Transwestern's discount letter includes a statement that in no event 
shall the contract rate be greater than the maximum or lower than the minimum 
rates provided in Transwestern,s tariff.  This was intended as assurance that 
the contract is not a negotiated rate.  Is this language still effective?  
necessary?

2.  IOS/EnronOnline:

 a.  When should IOS be conducted, if at all?

 b.  Once notice of IOS or EnronOnline bidding has been posted, can the 
subject capacity still be sold off-line (i.e., pursuant to traditional 
bidding procedures)?

 c.  Is our system for IOS and EnronOnline set up to handle max rate bidding 
situations in a nondiscriminatory manner and in compliance with the bid 
evaluation procedures in the tariff?  If not, what changes need to be made?
Enron Emails
Enron Emails