Spreadsheet: jeff_dasovich__14085__CDWR Contracts 
Sheet: Details

 |  | Delivery | Delivery |  |  |  |  |  |  | [NAME]'s | [NAME]'s
 | Date | Start | End | Delivery | Capacity | Operating |  |  | Unit | Credit | Credit | Early | Effect Of |  | Assignability | Assignability | Redacted | Other
Counter-Party | Executed | Date | Date | Hours | MW | Constraints | Pricing | Counter-Party | Contingent? | Protection | Protection | Termination | State Action | Counter-Party | By [NAME] | By [NAME] | Terms | Terms
Allegheny Energy Supply Company, LLC | 2001-03-23 00:00:00 | 2001-03-23 00:00:00 | 2001-03-31 00:00:00 | 6X16 | 150 | Minimum 90% Availablitly | $61.00/MWh | Allegheny Energy Supply Company, LLC | Yes |  | Priority access to DWR Power Fund.  Paid prior to all bonds, notes or other indebtedness, secured by a pledge of the Trust or payments to the general fund. | DWR fails to issue $3 billion + in Bonds or maintain  BBB or Baa2 on Bonds | DWR to pay new State taxes; [NAME] may terminate if supply or revenue is impacted by State action; CERS to pay for [NAME]'s increased costs from State action | Allegheny Energy Supply Company, LLC | Without consent to another gov't entity or electrical corp with same or better credit | Without consent to any energy company with BBB or Baa2 unsecured senior debt ratings | Name of facilities and designated capacities; Delivery Points | Agmt subject to FERC's "public interest" standard and not the "just and reasonable" standard
" " | " " | 2001-04-01 00:00:00 | 2001-06-30 00:00:00 | 6X16 | 750 | " " | " " | " " | Yes |  | " " |  |  | " " |  |  |  | Parites waive rights
" " | " " | 2001-07-01 00:00:00 | 2001-09-30 00:00:00 | 6X16 | 250 | " " | " " | " " | Yes |  | " " |  | Buyer can terminate if | " " |  |  |  | to file under
" " | " " | 2001-10-01 00:00:00 | 2003-12-31 00:00:00 | 7X24 | 250 | " " | " " | " " | Yes |  | " " |  | State or Muni pursue Eminent | " " |  |  |  | 205&206 of the FPA
" " | " " | 2004-01-01 00:00:00 | 2004-12-31 00:00:00 | 7X24 | 500 | " " | " " | " " | Yes |  | " " |  | Domain or Condemnation | " " |  |  |  | or 451 of the PU Code
" " | " " | 2005-01-01 00:00:00 | 2011-12-31 00:00:00 | 7X24 | 1000 | " " | " " | " " | Yes |  | " " |  | (Termination Payment | " "
" " | 2001-04-20 00:00:00 | 2003-01-01 00:00:00 | 2003-12-31 00:00:00 | 6X16 | 150 | Firm (100% Available) | $76.00/MWh | " " | No |  | " " |  | calculated and paid) | " "
Alliance Colton LLC | 2001-04-23 00:00:00 | 2001-08-01 00:00:00 | 2010-12-31 00:00:00 | 0800 through 0000 hours of Aug01 thru Dec01 and [NAME] thru Oct for each year of 2002 thru 2010 | 80 (2-40MW Units) | 8 to 16 hours of operation per day with minimum of 2 hours between starts | Monthly capacity charges (up to $4.1million/mn) with reimbursement or provision of fuel by DWR.  Take or pay. | Alliance Colton LLC | Yes - Availability of 95% | $5 million letter of credit or mutually agreeable lien on [NAME]'s facilities | Priority access to DWR Electric Power Fund.  No more favorable terms to another without offering such to Alliance |  | Default by State requires Termination Payment equal to net market value of contract | Alliance Colton LLC | Without consent, assign to another govt. agency | Per EEI Contract | Performance specifications; Facility names; Gas and energy delivery points | [NAME] may terminate if unable to receive necessary air emission or similar licenses by 06/01/02
BPA | 2001-02-16 00:00:00 | 2001-02-16 00:00:00 | 12/31/2001, may be terminated by either party on 30 days' notice | TBD | TBD | This is an Enabling Agreement | Exchange of 1.1MWh for every 1 MWh delivered by BPA, or as TBD | BPA | No | None | None |  | None | BPA | None |  | None
BPA | 2001-02-13 00:00:00 | 2001-02-13 00:00:00 | 4/30/2002; may be terminated by either party on 15 days' notice | 7x24 | 18 MW at COB |  | $55/MWh | BPA | No | None | None |  | None | BPA | None |  | None
Calpine Energy Services, L.P. (Firm) | 2001-02-06 00:00:00 | 2001-10-01 00:00:00 | 2011-12-31 00:00:00 | 7x24 | Firm (LD) - 200 MW (10/1/01-12/31/01), 350 MW (2002), 600 MW (2003), 1000 MW (2004-2011) |  | $58.60/MWh | Calpine Energy Services, L.P. (Firm) | No | Guaranty from Calpine Corporation | Covenants restricting limitation of contract benefits, and to collect charges from retail customers; priority access to DWR Electric Power Fund; MFN re collateral and priority provisions; rate covenant and non-impairment pledge | May terminate without liability to either party if payment assurances inadequate - broader than bond rating condition in other contracts | CDWR pays if state action (e.g., new taxes) increases cost of service by more than $0.50/MWh.  Default by state requires termination payment | Calpine Energy Services, L.P. (Firm) | [NAME] consent, except to successor govt entity or utility with A/A2 credit, subject to conditions |  | Delivery Point
Calpine Energy Services, L.P. (Long Term Commodity Sale) | Same | 2001-07-01 00:00:00 | 2011-12-31 00:00:00 | Not specified | Units and contract MWs/unit to be designated by [NAME] | Unit Firm - 200 MW (7/1/01 - 6/30/02) -1000MW (7/1/02 - 12/31/11) | 7/1/01 - 12/31/01 - $115/MWh; remainder - $61/MWh | Calpine Energy Services, L.P. (Long Term Commodity Sale) | [NAME]'s obligations subject to unit achieving commercial operation and reduction or curtailment of unit output | Same | Same | Same | Same | Calpine Energy Services, L.P. (Long Term Commodity Sale) | Same |  | Units; Delivery Point
Calpine Energy Services, L.P. (Peaking Capacity) | Same | 2001-08-01 00:00:00 | 2021-07-31 00:00:00 | Peak periods - 6x16, [NAME], Dec, Jan) | 90-495 MW (11 units of 45 MW each) | Unit Firm, changes to Firm (LD) 6 months after commercial operation of unit; [NAME] may schedule 2000 hours (500 hours on 10 minutes notice), subject to certain limitations (minimum load of each unit at 80%) | $73/MWh; capacity payment varies from $80 - $90 million per year ($161/kWyr to $200/kWyr) | Calpine Energy Services, L.P. (Peaking Capacity) | Same for unit providing "unit firm" product | Same | Same | Same | Same | Calpine Energy Services, L.P. (Peaking Capacity) | Same |  | Units; Delivery Point
 |  | Delivery | Delivery |  |  |  |  |  |  | [NAME]'s | [NAME]'s
 | Date | Start | End | Delivery | Capacity | Operating |  |  | Unit | Credit | Credit | Early | Effect Of |  | Assignability | Assignability | Redacted | Other
Counter-Party | Executed | Date | Date | Hours | MW | Constraints | Pricing | Counter-Party | Contingent? | Protection | Protection | Termination | State Action | Counter-Party | By [NAME] | By [NAME] | Terms | Terms
Constellation Power Source, Inc. | 2001-03-09 00:00:00 | 2001-04-01 00:00:00 | 2003-06-30 00:00:00 | [NAME] | 200 MW |  | $154/MWh | Constellation Power Source, Inc. | No | None | Priority access to DWR Electric Power Fund; MFN re collateral and priority provisions; rate covenant and non-impairment pledge; covenant to collect charges from retail customers | May terminate without liability to either party if CDWR/bonds not rated Baa3 or BBB- by 07/31/01, or if rating not maintained for 30 days | Default for adverse Water Code amendment.  Default by state requires termination payment | Constellation Power Source, Inc. | [NAME] consent, except to successor govt entity or equally creditworthy utility, subject to conditions |  | Delivery Point
Coral Power, LLC | 2001-05-24 00:00:00 | 2001-05-24 00:00:00 | 2001-06-30 00:00:00 | 6X16 | 100 | Firm; 50% of capacity for Nov, Dec, [NAME], Apr, & May | Various capacity payments; $169/MWh through 05/31/01 and $249/MWh for June 2001 | Coral Power, LLC | Yes | Coral Energy Holding, L.P., is a $50 million guarantor for seller | Priority access to DWR Electric Power Fund, plus MFN provision | DWR fails to issue Bonds by 10/31/01 or maintain Baa3 or BBB- on Bonds | Default by State requires Termination Payment equal to net market value of contract | Coral Power, LLC | Yes, with numerous provisions | Yes, with numerous provisions | Heat Rate formula; Energy and Gas Delivery Points; Description of generating facilities being developed | Both parties waive their Section 205 & 206 rights of the FPA; Energy payment terms can be replaced after 12/31/05 with in-kind gas deliveries
" " | " " | 2001-07-01 00:00:00 | 2001-07-31 00:00:00 | 6X16 | 150 | " " | Various capacity payments; $249/MWh | " " | " " | " " | " " | " " | " " | " " | " " | " " | " " | " "
" " | " " | 2001-08-01 00:00:00 | 2001-08-31 00:00:00 | 6X16 | 250 | " " | Various capacity payments; $249/MWh | " " | " " | " " | " " | " " | " " | " " | " " | " " | " " | " "
" " | " " | 2001-09-01 00:00:00 | 2001-09-30 00:00:00 | 6X16 | 325 | " " | Various capacity payments; $249/MWh | " " | " " | " " | " " | " " | " " | " " | " " | " " | " " | " "
" " | " " | 2001-10-01 00:00:00 | 2002-06-30 00:00:00 | 6X16 | 200 | " " | Various capacity payments; $249/MWh for Oct 2001 and $115/MWh through June 2002 | " " | " " | " " | " " | " " | " " | " " | " " | " " | " " | " "
" " | " " | 2002-07-01 00:00:00 | 2003-06-30 00:00:00 | 6X16 | 300 | " " | Various capacity payments; $169/MWh | " " | " " | " " | " " | " " | " " | " " | " " | " " | " " | " "
" " | " " | 2003-07-01 00:00:00 | 2010-06-30 00:00:00 | 6X16 | 400 | " " | Various capacity payments; $169/MWh through Dec 2003, $72.87/MWh through Dec 2005, and $25.16/MWh + heat rate formula payment | " " | " " | " " | " " | " " | " " | " " | " " | " " | " " | " "
" " | " " | 2010-07-01 00:00:00 | 2012-06-30 00:00:00 | 6X16 | 100 | " " | Various capacity payments; $25.16/MWh + heat rate formula payment | " " | " " | " " | " " | " " | " " | " " | " " | " " | " " | " "
" " | " " | 2002-07-01 00:00:00 | 2012-06-30 00:00:00 | 7X24 | 100 | " " |  | " " | " " | " " | " " | " " | " " | " " | " " | " " | " " | " "
" " | " " | 2003-07-01 00:00:00 | 2012-06-30 00:00:00 | 6X16 | 175 | Firm, but can be cancelled by providing notice by 1/1/03; 50% of capacity for months above | See above for energy payment | " " | " " | " " | " " | " " | " " | " " | " " | " " | " " | " "
" " | " " | 2004-07-01 00:00:00 | 2012-06-30 00:00:00 | 6X16 | 175 | Firm, but can be cancelled by providing notice by 1/1/04; 50% of capacity for months above | See above for energy payment | " " | " " | " " | " " | " " | " " | " " | " " | " " | " " | " "
 |  | Delivery | Delivery |  |  |  |  |  |  | [NAME]'s | [NAME]'s
 | Date | Start | End | Delivery | Capacity | Operating |  |  | Unit | Credit | Credit | Early | Effect Of |  | Assignability | Assignability | Redacted | Other
Counter-Party | Executed | Date | Date | Hours | MW | Constraints | Pricing | Counter-Party | Contingent? | Protection | Protection | Termination | State Action | Counter-Party | By [NAME] | By [NAME] | Terms | Terms
Dynegy Power Marketing, Inc. | 2001-03-02 00:00:00 | 2001-03-06 00:00:00 | 2004-12-31 00:00:00 | 2001 System Contingent: 1000 MW (6X16), 200 MW (Off-Peak); 2002-04 System Contingent: 500-1500 MW (6X16), 200 - 1500 MW (Off-Peak); 2002-04 Firm: 200 MW 7X24, 600 MW 6X16 |  | Off-peak quantities represent minimum generation operating levels | CAISO Firm Energy - $119.50/MWh; Capacity - $20.25/MWh x energy delivered from capacity (subject to capacity minimum), plus fuel, O&M, and start-up costs.  Pays fuel costs even if it doesn't take the power. | Dynegy Power Marketing, Inc. | Deliveries from capacity subject to equipment failure, limitations and force majeure; subject to existing obligations to third parties, [NAME], and CAISO Firm Energy | None | Priority access to DWR Electric Power Fund; MFN re collateral and priority provisions; rate covenant and non-impairment pledge; duty of continuous operation and to determine revenue requirement | May terminate contract without liability to either party if [NAME] does not receive enforceability, rate sufficiency and other opinions, CDWR/bonds not rated Baa3 or BBB- by 07/31/01, or if rating not maintained for 30 days | CDWR liable for costs of exceeding emissions limits or pro-rata environmental upgrades.  Default by state requires termination payment. | Dynegy Power Marketing, Inc. | [NAME] consent, except to successor govt entity or utility with BBB/Baa2 credit, subject to conditions |  | Seller principal; delivery point; fuel prices and heat rates; units | All charges are deemed just and reasonable
El Paso Merchant Energy | 2001-02-13 00:00:00 | 2001-02-09 00:00:00 | 2005-12-31 00:00:00 | 6X16 | 50 |  | $115/MWh | El Paso Merchant Energy | No | MTM collateralized over $30 million | Priority access to DWR Electric Power Fund and MFN status |  | Default by State requires Termination Payment equal to net market value of contract | El Paso Merchant Energy | No consent to assign in connection with a financing or to a successor government entity | No consent to assign (1) in connection w/ a financing (2) to a creditworthy affiliate or successor | Delivery point
" |  |  |  |  | 50 |  | $127/MWh | " |  |  |  |  |  | "
GWF Energy LLC | 2001-05-11 00:00:00 | Projected CODs of 9/1/01, 6/1/02,  & 7/1/02 for Phases I - IIIa;  COD for CC Phase IIIa is 10/1/03 | 2011-12-31 00:00:00 |  | Up to 430 MW ([NAME]'s option to convert CTs to combined cycle - Phase IIIa) | Number of hours of CT operation limited (approximately 4000 hours per year per Phase) | Capacity payment varies by year and by season ($45/Kw-month for Q4 2001), energy price formula applies (gas price * heat rate + O&M + fixed fuel charge); O&M varies ($4.25/MWh in 2001 for Phase I units); fixed fuel includes any fixed fuel cost incurred by [NAME] acting in accordance with an approved Annual Fuel Plan; [NAME] can provide its own fuel; 1 start-up per unit per day ([NAME] 250 per year) | GWF Energy LLC | Yes (one under construction and the others in various stages of permitting) | [NAME] to provide one of several forms of collateral | Priority payment from DWR Electric Power Fund and MFN status | By [NAME] if bonds rated BBB- or better aren't issued by 9/1/01, or if such bonds or the Fund fail to maintain a rating of BBB- or better; by [NAME] if it incurs costs to comply with regulatory or judicial orders exceeding $2.5 million/year in aggregate and the contract price is not satisfactorily adjusted | [NAME] can pass through any cost arising out of a new tax enacted by the state legislature | GWF Energy LLC | Requires consent of [NAME] | Requires consent of [NAME] | Project name, location, guaranteed heat rate
High Desert Power Project | 2001-03-09 00:00:00 | Commercial Operation Date (est. 07/01/03) | 2011-09-30 00:00:00 | 7X24 | 840 | DWR to take all energy generated (net of station service) | $58.00/MWh | High Desert Power Project | Yes |  | Priority access to DWR Electric Power Fund and MFN status | fails to issue Bonds by 07/01/01 or maintain Baa3 or BBB- on Bonds | DWR considered in default if Water Code is revised and adverse to seller's interest.  Termination Payment required | High Desert Power Project | Without consent to another gov't entity or electrical corp with same or better credit | Without consent to an affiliate or successor entity with same or better credit | Delivery point | Alternate Delivery Points permitted
Imperial Valley Resource Recovery Company, LLC | 2001-03-13 00:00:00 | 2001-06-01 00:00:00 | 2003-12-31 00:00:00 | 7X24 | 16 | Firm | $100/MWh for 2001; $95.00/MWh for 2002; and $90.00/MWh for 2003 | Imperial Valley Resource Recovery Company, LLC |  | If [NAME] does not have long-term senior debt rated investment grade, [NAME] shall provide either letter of credit, cash prepayment, or other acceptable collateral |  |  |  | Imperial Valley Resource Recovery Company, LLC | With consent of seller | With consent of buyer | Transmission and scheduling provisions; Delivery Point | [NAME] provided [NAME] to CERS
Mirant Americas Energy Marketing LP | 2001-05-22 00:00:00 | 2001-06-01 00:00:00 | 2002-12-31 00:00:00 | 6X16 | 500 | Firm | 148.65/MWh | Mirant Americas Energy Marketing LP | No |  | Priority access to DWR Electric Power Fund | DWR fails to issue Bonds by 09/30/01 or maintain Baa3 or BBB- on Bonds | [NAME] may suspend deliveries if supply is impacted by State action (eminent domain); DWR to pay for [NAME]'s increased costs | Mirant Americas Energy Marketing LP | With consent of other party | With consent of other party |  | DWR agrees prices are "just and reasonable"; DWR represents that energy to be resold to end-use customers unless long
Morgan Stanley Capital Group | 2001-02-14 00:00:00 | 2001-02-15 00:00:00 | 2005-12-31 00:00:00 | 7X24 | 50 |  | $95.50/MWh | Morgan Stanley Capital Group | No | None | Priority access to DWR Electric Power Fund and MFN status | May terminate without liability to either party if CDWR/bonds not rated Baa3 or BBB- by 07/31/01, or if rating not maintained for 30 days; priority access to DWR Electric Power Fund; MFN re collateral and priority provisions; rate covenant and non-impairment pledge |  | Morgan Stanley Capital Group | No consent to assign  in connection with a financing or to a successor government entity | No consent to assign (1) in connection w/ a financing (2) to a creditworthy affiliate or successor | Delivery point
 |  | Delivery | Delivery |  |  |  |  |  |  | [NAME]'s | [NAME]'s
 | Date | Start | End | Delivery | Capacity | Operating |  |  | Unit | Credit | Credit | Early | Effect Of |  | Assignability | Assignability | Redacted | Other
Counter-Party | Executed | Date | Date | Hours | MW | Constraints | Pricing | Counter-Party | Contingent? | Protection | Protection | Termination | State Action | Counter-Party | By [NAME] | By [NAME] | Terms | Terms
Pinnacle West | 2001-05-03 00:00:00 | 2001-05-03 00:00:00 | 2001-05-31 00:00:00 | Off-peak (HE 23-06, M-Sun) | 100 |  | $115/MWh | Pinnacle West | No | None | Priority access to DWR Electric Power Fund |  |  | Pinnacle West | Assignable to creditworthy assignees | Assignable to creditworthy assignees | Delivery point
" |  | 2001-06-01 00:00:00 | 2001-06-30 00:00:00 |  | 100 |  | $145/MWh | " |  |  |  |  |  | "
" |  | 2001-07-01 00:00:00 | 2001-09-30 00:00:00 |  | 100 |  | $185/MWh | " |  |  |  |  |  | "
" | 2001-05-03 00:00:00 | 2001-06-01 00:00:00 | 2001-09-29 00:00:00 | On-peak with reduced super-peak quantities | Varies (40 to 125 MW) |  | $156.75/MWh plus "capacity" payments of $12.6 million (effective $218/MWH) | " |  |  |  |  |  | "
PG&E Energy Trading | 2001-05-31 00:00:00 | 10/01/2001 projected COD | 2011-09-30 00:00:00 | Wind | 66.6 | Prior to COD, develop written operating proceedures | $58.50/MWh, DWR pays all CAISO charges, except transmission losses | PG&E Energy Trading | Yes |  | Priority payment from DWR Electric Power Fund |  |  | PG&E Energy Trading | No consent to assign to successor government entity or an electric corporation rated BBB or above | No consent to assign to an affiliate that owns or controls project output | Project name, dellivery point
Sempra Energy Resources | 2001-05-04 00:00:00 | 2001-06-01 00:00:00 | 2001-09-30 00:00:00 | 6X16 | 250 |  | Average of published "futures" market price on date of execution and daily SP-15 published indexes or $189/MWh if CDWR fails to issue bonds by 9/30/01 and seller elects to terminate; CAISO charges split 50/50 between CDWR and Sempra | Sempra Energy Resources | Yes (but can't be determined for summer 2001 due to redacted info) | None | Priority access to DWR Electric Power Fund | [NAME] can terminate if any U.S. agency imposes a material energy tax on [NAME] | Purchase price to be increased for taxes enacted by the State directed at energy products | Sempra Energy Resources | No consent to assign to a successor government entity or an electric corporation with a credit rating equal to or greater than CDWR | No consent to assign to a creditworthy affiliate or company taking over an involved project | Project names, natuaral gas delivery points, gas price indices, heat rates, % of gas that CDWR may elect to purchase, transmission issues
" |  | 2002-04-01 00:00:00 | 2002-09-30 00:00:00 | 7X24 | 150 |  | $100/MWh | " |  |  |  |  |  | "
" |  |  |  | 6X16 | 300 |  | $160/MWh | " |  |  |  |  |  | "
" |  | 2002-10-01 00:00:00 | 2003-05-31 00:00:00 | 7X24 | 220 |  | $69/MWh | " |  |  |  |  |  | "
" |  | 2003-06-01 00:00:00 | 2011-09-30 00:00:00 | 7X24 | Varies from 800 to 1200 |  | Gas price times heat rate + $26/MWh | " |  |  |  |  |  | "
" |  |  |  | 6X16 | Varies from 350 to 700 |  | Gas price times heat rate + $31/MWh | " |  |  |  |  |  | "
Soledad Energy LLC | 2001-04-28 00:00:00 | Projected COD of 6/30/01 | 2006-06-29 00:00:00 | Biomass | 13 MW |  | $80/MWh in 2001, $82/MWh in 2002, $84/MWh in subsequent years | Soledad Energy LLC | Yes | [NAME] to provide collateral in the event its creditworthiness becomes unsatisfactory to the [NAME] exercising reasonable discretion |  |  | [NAME] can pass through any cost arising out of a new tax enacted by the state legislature | Soledad Energy LLC |  |  | Plant location
Williams Energy Marketing & Trading | 2001-02-16 00:00:00 | 2001-10-01 00:00:00 | 2010-12-31 00:00:00 | Product A -7X24; Product B 6X16 | Quantities of Product A and B Tier 1 and 2 vary (35 MW beginning 6/1/01 increasing to 900 MW in 2006), Product B Tier 3 is a monthly put option for up to 500 MWs beginning in 2003 | [NAME] can substitute alternate power sources | For Product A and Product B Tiers 2 and 3 - $62.50/MWh (Product B Tier 2 deliveries end 12/31/05); for Product B Tier 1 - $87/MWh; price adjustments for availability (minimum target of 70%); [NAME] pays emissions costs | Williams Energy Marketing & Trading | Yes |  | Priority payment from DWR Electric Power Fund | By [NAME] if bonds rated BBB- or better aren't issued by 7/1/01 or if the [NAME] has not obtained a rating of BBB- for the Fund | Buyer pays all costs above $5/MWh in aggregate arising due to state action or inaction; any state action or inaction that impairs [NAME]'s ability to perform or has an adverse impact on [NAME] shall be deemend an Event of Default | Williams Energy Marketing & Trading |  |  | Delivery point