Text

FTI Consulting Inc, Cover Sheet Application for Allowance & Payment of Interim Compensation & Reimbursement of Expenses for February 1, 2003 to February 28, 2003
	ML031200246
Person / Time
Site:	Diablo Canyon
Issue date:	03/31/2003
From:	Lumsden T; FTI Consulting
To:	; Office of Nuclear Reactor Regulation, US Federal Judiciary, Bankruptcy Court, Northern District of California
References
	01-30923 DM, 94-0742640
	Download: ML031200246 (27)
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9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Thomas Lumsden FTI Consulting Inc.

199 Fremont Street San Francisco, CA 94105 Telephone:

(415) 498-5000 Facsimile:

(415) 498-6318 Accountants and Financial Advisors for Official Committee of Unsecured Creditors UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO DIVISION

-Case No. 01-30923 DM

,LECTRIC Chapter 11 Case lia corporation,

[No Hearing Scheduled]

In re PACIFIC GAS AND E COMPANY, a Califorr Dc,btor.

Federal I.D. No. 94-0742640 FTI CONSULTING INC. COVER SHEET APPLICATION FOR ALLOWANCE AND PAYMENT OF INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR FEBRUARY 1 2003 TO FEBRUARY 28. 2003 FTI Consulting, (the "Firm"), submits its Cover Sheet Application (the "Application")

for Allowance and Payment of Interim Compensation and Reimbursement of Expenses for the Period February 1, 2003 to February 28,2003 (the "Application Period"). In support of the Application, the Firm respectfully represents as follows: -

1.

The Firm serves as Accountants and Financial Advisors to the Official Committee of Unsecured Creditors. The Firm submitted an Application for appointment as Accountants and Financial Advisors to the Official Committee of Unsecured Creditors on September 27, 2002. An Order for Appointment of the Firm as Accountants and Financial Advisors to the Official Committee of Unsecured Creditors was entered on October 31, 2002, nunc pro tunc to September 1,2002. The Firm hereby applies to the Court for WD 071701/1-1419903/4293 1767/v 1 osewHpl

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ail'owance and payment of interim,compensation fog services rendered and reimbursement of expenses incurred during the Application Period.

2.

The Firm billed a total of $157,132 in fees and expenses during the Application Period. The Total fees represent 409.4 hours4.62963e-5 days <br />0.00111 hours <br />6.613757e-6 weeks <br />1.522e-6 months <br /> expended during the Application Period. These fees and expenses break dowii as follows-:

'I..

I Period

_Fees Expenses -

Total Februay 1, 2003-

$155,595 'L3

$157,1-32 Februar 28, 2Q03 r

' 1 31

3.

Accordingly', feF hi seeKS allowance of iiterimn comtpensation in the total amount of$133,793 atthii tiimie. TjL's total is comprised asfolI6Ws -'

$132,256 (85% of th fe'es for services rendered)' plus $1153'i (IG0%' of the expenses incurred).

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". Forihe W

6s:-petitioii-periodthePie irmn, as successcr to the Business Recovery Service' si'ictice' ofPreiccwaferhouseCoopefs, LLP, has been paid to date as follows:-

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Application Period A-A t

Descripton--

. A'pplied For 6

tai First (April I, 2001 -

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$803,6 4).2 90% of fees and

$803P642 May 31, 2001)

> E 0t,,f xperiess Second (June r, 2001-

$87o,002 90% of fees and

$870,002 July31, 2001)

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' 'Payment of this amount would r,esult in a "holdback" of $23,339 t

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23 24 25 26 27 28 First Intieri m Fee 1

l$2,408 10% feeholdback ($179,012) net $2,408 Application of Pricewate6!useCoopes UP

.Iand burit Adjusiments l

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~ ($176,604) 1 Third (August 1, 2001 -

l$35§,4[

"95% offe'& and';

$358,024

-August-30,-2001) -

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-100% of expenses-4

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-h lFourth (Setember 1, 2001- $293',871 85% off

'aid.

. i $293,871 l-September30,2001)

-100%of

epenses, lFi hjf;top Q -8,9 l%

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~ffep,,epq,-,

$307,809 lOctober 31X0)~tal.{ttl^

199t$l°%9fexpqnsepssr k w}*^gi Sixth (November i,2001- <* 1 $15,5-9fj pl85% of feesandc 3,

$n l2115,596 November 30, 2001) 100% of expenses i

l Second InterimFee l 15o%

feehioq,,dback.($,I98,105) net $145,541 Application q,

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-ofPricewaterI}ouseCoopers LLP, l

l ladjustments ($52,564)

Seventh (December 1,

$192,887

-85% of fees and

$192,887 2001-December 31, 20Q1)0, 13;,

i 19QQ°f expenses

.- j-at Eight (January 1, 2002-

$223,0131 -IoC 15o~offeles and

$223,013 January 31, 2002)

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t f J1 o00,of fxpenses

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Ninth (February 1, 20Q2,

-$i.9..

$97' 85% of fe'es and

$197,888 February28, 2002)

',f3,'cl?*.JQ, 1Q0'pfexpensesc,-

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a Tenth (March 1, 2002--r,^t

$89,8&14j 85% of fees and

$1897814

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I March 31, 2002)

- 100% of expenses Third Interim Fee

$114,300 15% fee holdback ($128,506) net $114,300 Application of PricewaterhouseCoopers LLP l --

-- -write-offs

($3,705) -and expense-adj u Li-($10,500)

WD 071701/1-1419903142/931767/vi I

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4 5

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8 19 10 11 122 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28.

Eleventh (April 1, 2002-

$185,003 85% 6f fees and l$185,003 April 30, 2002) 100% of exp Twelfth (May 1, 2002 -

$183,784 -

85% of fees and

$183,784 May 31, 2002) 100% of expenses

.Thirteenth (June.T, 2002 - -$81,860 7

85% offees and

$81,860 June 30,2002) 1 100% of expenses Fourteenth (July 1, 2002 -

$204,553 85% of fees and

$204,553 Julyt31, 2002) 100% of experses 1 FIfeeftth'^(August 1, 2002;:

$127;849' IM &5%,, of fces-and 100%6of

$127,849 7 August 31, 2002) expenses Foiirtflrihterim (Aprl 1,

$106,253 F 15% holdbadkl-fees;($109I,666)

$106,253 2002 - July 31, 2002)

_ net voluntary write-off ($3,353) -

Sixteenth (September 1,

$84,985 85% fees and&100% expenses

$84,985 2002 - September 30, 2002)

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Seventeenth (Octbber!1,

$1,13;478 -i 85% fees ard'iC,% expenses

$113,478 2002 ^ October 31, 2002)

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Eighteenth'(Ncvefnberi1,-

'$315;139' g

Id--5fees aid-K0'% e,:penses '

$315,139 2002--November-30, 2002)

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Nineteenth (December 1,

$227,074 85% fees and 100 % expens6s

$227,074 2002 ' Deceffiber31, K

2002)

Fifth Iiterini (Auigustlt'-

- $115J27d

t5°'holdbackfees

$115,270 2002-NoVehiber30,' t.'

2002)',

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Twentieth (January', 20Q3'

-January 3 1, 2003) e_, -

-I r$160,122 vi;, i !

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,85% fees and 100% expenses-,-.

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,$160,122

.Total Paid to the

$5820,065 Firmnto Date

5.

To date, 4,the Firmnis 6wed,s-follovs (excludiprjgzamoutnts owed pursuant to this Application).

A m u n

.i e c i t o Application Period, Amount

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,'j Nineteenth (D'ce-inber 1 1,, 2.O27,Deembe c$38,845~'

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peeMsfld1ack 31 ' 2002)

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Tyventieth (January-l;12,003.z-,J,,ar>.$26,669 5

po fee holdbhck 2003) wed.t

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Total Owed to.Firm to.Dte: ->\\

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6.

With regard to the cojies of this Ap licatiqh'served on couffsel for the Committee, counsel for the Debtor and the Office of ihe United States Trustee, Attached as Exhibit 1'hereto is thlneame of6a t1prifessionabwhd performed'serves.in conlection with this;case during the period covered by ihis Applicatioh and the hourly ratt'for each such protessional;:apd (b)Jatta'ched~as Exhibits 24? anid 2r2Iare the detailedtime.and expense statements for the Application Period thiat comply with all Nprthern Distritt oftCalifornia Bankruptcy Local Rules and Compen&tion Guidelines and the Guidelines of the Office of

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7.

The Firm has served a~copy of this Ajpplication (twithout Exhibits) on the Special Notice List in this case.

8.

Purstt,sConrt's 'O1R ERFiSTABLISANG INTIRIM;FEE APPLICATION AND EXPENSE REIMBURSEMENT PROREEDURE',which-was :entered on or about July 26, 2001, the Debtor id authorized to make the payment requested herein without a firther hearing or order of this Court unless an objection to this Application is WD 07170111-1419903/42/931767v1

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1 filed with the Court by the.Debtor, the Committee or the United States Trustee and served b3 2

the fifteenth day of the month following the service of this Application. If such an objection 3;

is filed, Debtofis-authorized to pay-thefmouints if any, not subject to the objection. -The 4

Firm is informed and believes that this Cover Sheet Application was mailed by first class 5

mail, postage prepaid, onaor about March 3,1, 2003.

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9.

The interim compensation and reimbursement of expenses sought in this 7

Application is on account and is not final. Upon the conclusion of this case, the Firm will 8

seek fees and reimbursement of the expenses incised for the totality of the services.

-9,,rendered in the case. Any interim fees or reim cirsement of expenses approved by this Court 10, and received by the Firm. will be credited against such final fees and expenses as may be 11i allowed by this Court. t.:

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10.

The Firm represents and warrants that its billing practices comply with all 13 Northern District of California Bankruptcy Local Rules and Compensation Guidelines and 14 the Guidelines of the Office of the United States Trustee. Neither the Firm nor any members 15 of the Firm has any agreement or understanding of any kind or nature to divide, pay over or 16 share any portion of the fees or expenses to be awarded to the Firm with any other person or 17 attorney except as among the members and associates of the Firm.

1 8 19 WHEREFORE, the Firm respectfully requests that the Debtor pay compensation to the Firm 20 as requested herein pursuant to and in accordance with the terms of the 'ORDER 21 ESTABLISHING INTERIM FEE APPLICATION AND EXPENSE REIMBURSEMENT 22 PROCEDURE."

23 Dated: March 31, 2003 FTI Consulting Inc.

24 By:i Thomas E. Lumsden, 26 Senior Managing Director 27 28 WD 071701/1-1419903/42/931767/vl Exhibit 1 5Pacific Gas and Electric r.nnSummary of Time By Professional i-. i..Forthe Period.February-1;',2003 Through February 28, 2003 t}~~~~i '-'..m

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Professional Title -

Time Total Billing Rate Fee Total Ho, Rocky Managing lbirector 121.0 475

$57,475 Huang, Theodore c iionsultant 4

t300 ;,2;0 4.1L300

$1,23 Kim, Angela Paraprofessional 78.3

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$4,307

Kitclti, rennlfer jA Z

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' 425

$ $978 b tLursdein', tom I

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` ;tS!Magniredtor~t" 7

i Cs' I55!$42,602 Neis,-airget'y X

r 107;8 -A 3'4S

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$37,191

.. Reiss,~eds

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rGst 695;'rif;laS,1

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'. '$1,018 Young, Allison Director 2.3

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$978 Totals.

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$155,595 i

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Exhibit 2 Task Code Asset SalesNaluation Bankruptcy Reportins Cash Flow Analysis Claims Analysis CPUC-Review CPUCIOCC Plan of Re Debtor Plan of Reorga DWR Contracts/Analy Fee Application FERC Review Financial Statement M Financial Statements General Committee Ma Legislative Review Professional Compenis Subcommittee Matters Pacific Gas and Electric Summary of Time By Task Code February-i, 2003 through February 28, 2003 i S Time Total Issuesj.i 4.8 g/Operations 11.8 6.2

-4.

26.9 31.0 organization 0.2 r -

F t

inization 117.4 sis 42.0 10.7' 4.5 lodeling 33.6-

'18.0 itters 11.5 0.3

ationi Matters, 77.8 Fee Total

$2,006

$5,420

$2,905

$12,809

$11,540D

$119

$59,674

$16,341

$2,005

$1,653

$12,046

$9,675

$6,187

$104

$5,653

$7,461

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12.7 40S.4

$155,595 I

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Exhibit 2-1 P

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X Professjonal Pacifc iGas ahid E) tric Timq Reporting

-Detail Repoiting by Task Code Februar 1, O4 through February 28,2003 Date Hours Billing Rate Fees Description,,

Task Code:

Asset Sales/Valuation Issues Lumsden, Tom 2/17/2003 1.4 4...

$595

$833.00 Review updates of utility transactions to assess impact on TEL testimony on PG&E valuation. -

SubTotal:, Lumsden, Tom e M 2

Neis, Margery 2

1 S 4;,,,

SubTotal:

Neis, Margery

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$833.00 W

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I, 112/2003 0.9

/14/2003 2.5

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$345

$310.50 Update valuation analysis

$862.50 Research multiples valuation

$1,173.00 3.4 i.~

I Total: Asset Sales/Valuatlon Issue 4.8

$2,006.00 S:-., A,. -.

Task Cqde:

Bankruptcy Reporting/Operations Ho, Rocky, 2/3/2003 2'1

$475 W.-...

2/512003 tp Ho, Rocky Ho. Rocky I

$475

$997.50 Review and analyze notice of motion for authority to Incur Lease Extension Fees and supporting documentation.

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$665.00 Review and analyze debtor's opposition to motion by city do Afascaddro for relief from automatic stay and supporting declarations/ exhibits.

$1,235.00 Review and analyze notice of motion and motion for authority to incur post-petition secured debt in coninectrin with natural gas transportation agreement with PG&E Gas Transmission and various supporting documents.

t 2/10/2003

-26

_ _$475 _

Ho, Rocky Ho, Rocky Ho, Rocky 2114/2003 1.1

$475 2/18/2003 1.4

$475

$522.50 Review and analyze debtors 4th motion to incur misc implementation expenses.

$665.00 Review and analyze motion to the termination agreement between East Bay Municipal Utility District and PG&E memorandum of points and authorities In support thereof.

$617.50 Review and analyze PG&E 8-K disclosure statement on its amended plan.

$4,702.50 2/26/2003 1.3

$475 SubTotal:

Ho, Rocky 9.9 Huang, Theodore 2/6/2003 1.4

$300 1

1.4

$420.00 PG&E - Review news releases regarding Gas Accord II filing to determine proceeding number and obtain copy of filing

$420.00 SubTotal:

Huang, Theodore Monday, March 31, 2003-Page I of 1

Professional Date, v - Houts Billing Pate --Fees

.Description Professional Date Hours Billing Kate Fes Descr4ition Lumsden, Toni -

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215/2003.:- 0.5 I',

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$596

$297.50

- Review PG&E motion re lease extension re POR transition costs, email comments to R. Ho

$297.50 SubTotal: Lumsden, Toni I

H

0.5 Total

Bankruptcy Reporting/Opera 11.8

$5,420.00 Task Code:

Cash Flow Analysis Ho, Rocky 2/6/2003 0.6

$475

$285.00 Review and analyze Potrero capital expenditure project.

Ho, Rocky Ho, Rocky Ho, Rocky SubTotal: Ho, Rocky 2111/2003 1.1 2/18/2003 1.6

$475

$522.50

' 760.00 I

Review and analyze Potrero-Hunters Point 115 kV capital expenditure project.

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Review supporting documents to Potrero-Hunters Point 115 kV capex project 21 2 12

2.

$ 47 2/20/2003 2., I 475

$997.50 Review and analyze supporting documentation for the Potrero-Hunters Point capex project

$2,565.00 5.4 S.4 Young, Allison 2/26/2003 0.8

$425 SubTotal:' Young, Allison 0.8

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2 Total: Cash Flow Analysis.

6.2

$340.00 Update PG&E 2003 cash flow projections.

$340.00

$2,9I 00 Task Code:

, Claims Analysis '

Ho, Rk 2II 10i03 1.2 Ho, Rockxy 2/3/2003 1.2 I

$475 Ho, Rocky 213/2003 1.1

$475 Ho, Rockv 2/3/2003

, 1-.8.

$475 21412003 1.4

$475 Ho, Rocky 214/2003, 1.1

$475

$570.00 Review and analyze Moss Landing stipulation.

$522.50 Review and analyze California Regional Water Quality claim - spoke with debtor (J Bustarude re:suppoit for settlement.

$855.0O Review and analyze notice of motion and motion for an order authorizing compromise of claims of California Regional Water Quality Control Board.

$665.00 Review and analyze United Rental's stip and supporting documentation.

$522.50 Review and analyze with OCC counsel (L Ball / M Sorochinsky) on various motions 2nd stips up for hearing.

$760 00 Review and analyze response of Patterson Pass Wind Farm LLC to debtor's objection to claim No.

8923 and supporting declarations / exhibits.

$617.50 Review and analyze reply of the debtor in support of the procedural objection to amended claim of Neo California Power LLC.

Ho, Rocky Ho, Rocky Ho, Rocky 21512003 1 6

$475 2/512003 1.3

$475 Monday, March 31, 2O03P Page 2 of 15

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Date

..Ho'rs Billing R

-te Fees

- ~ >Description Professional lozq, Rocky

'-T! t

,2/5/2003,,

2.5

£,

5 '475

.1A Ho, Rocky 2/612003 0.7

$475 L

b 51,187.50

, Review and analyze notice of omnibus objections and omnibus objections to ISO and generator claims and various responses from objected parties (Mirant, Duke Energy, etc.).,,,

$332.50 Discussion with counsel on various motions objections;,,.

s

$760.00 Review and analyze Diablo claim settlement with Dept of T6oidcSubstace Control.

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$522.50' Review' and analyze the Seerno Claims stipulation and supporting documents including a conference call with Debtor' -

Ho. Rocky Ho, Rocky 2121/2003 1.6

$475 2/26/2003 1.1 '

- $475 Ho, Rocky 2/2612003 1.2 Ho, Rocky 2126/2003 0.7 Ho, Rocky

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Ho, Rocky' ' ':

- ' tj 2127/Z0i03 -'17 r$475

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$475

,-, CV'

$475 Ho, Rocky Ho, Rocky Ho, Rocky Ho, Rocky 2127/2003 0.8 J'

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212712003

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$570.00 Review arqd rialyzp Geyser Power stipulation.

$332.50 Discuss status of various motions with OCC counsel.

$380.00 Review and analyze debtors motion to Incur additional fees on Plan Implementation Issues.

$807.50 Review and analyze various stips (ISO I RMR charges, Duke Moss Landing, Southem;,Cal gas, others).

9 t e ~ I 3 s

$380.00 Review and analyze Geyser Power Co. stip.

$617.50, Review and analyze FER~dockets in support of the Geyser Power stipulation.

$522.50.

Review and analyze stipulation regarding allowance of claim of Des Michael Carey.'

-$902.50

Review and analyze ex parte application for order authorizing comprorpise-of claims of CAlifornia Department 6ofToxic Substances Control and supporting affidavits I documentation.

$332.50 Review and analyze Des Michael Carey claim.

$12 160.00 2127/2003

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$475 21

-.- 475-V/28J2003 1.9

^- - S-475 -

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., F ;t Ho, Rocky 2/28/2003 0.7

$475 SubTobt fao boc9 l: I

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Lumsden,,Tom".-,

2/52003'..

0.35

$595 SubToial.'

Lumkden, Tom 0.3 Neis, Margery 2127/203 0.5

$345 SubTotaih Nels,-Wia&,y¢ z ;

0.5 Reiss,;Freddie r

',2f54093,

$595 t

' Rei s

Fr 0,; 'f SubTotal:

Reiss, Freddie 0.5 r :.

$178.50 Review details'of claims update and pass thru claims

$178.50

$172.50 Review Reliability Must Run CAISO tariff methodology for Geysers power plant claim.

$172.50

$297.50 Review trial update on claims estimation updates.

$297.50 I

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Monday, March 31,2003

,Page 3 of.'S,:,>

Professional Total: ClaimsAnalysis Dalte tI Hours Billing Riiet

-,Fees

. " 26.9 Description S12,808 50 Task Code:

CPUC Review Ho, Rocky Ho, Rocky Ho, Rocky

2/6/2003 0.8 2/14/2003 '

0?/

211812003

.1.a

$475

$475 Ho, Rocky 2124/2003 0.7

$475 subTotal: Ho, Rodoy t

4 I-,

4 Lumsden, Tom 211012003 0.2

$595 Lumsden, Tom 211112003 0.4

$595 Lumsdcen, Tomn i1 7/2003 0.7

$595 t

SubTotal: Lumsden, 'ToI' 1.3 Neis, Margery 2/412003 6

$345

,. -?

Neis, Margery 2/5/2003 5.9

$345

.. 4 -

,, t _

Neis, Margery 21712003 2.4

$345 N

4

Marger 2/02003 1,

34 Neis, Margery 2/1012003 1

$345 Neis, Margery 2/1112003 143

$345 Neis, Margery

-- 212G12CC3-

-4.3 S 345

$380 00 Review summary draft proceedirigs re:CPUC hearing on the Joint POR Plan.

$332.50 Review and monitor recent CPUC activities.

$855,00 Review and analyze the California Energy Commission - IOU Retail Electricity Price Outlook 2003 - 2013.

^!:332.5:'

RZ AYACVi2.nd analyie :ecent CPUC pronouncements on various issues.

$1,900.00

$119.00 Review email on CPUC matters re PG&E rate proceeding,.-,

$238.00 Review emails re CPUC activities affecting PG&E

$416.50 Review CPUC hearing summaries re DWR revenue requirements as It affects PG&E

$773.50

$2,070.00 Attend CPUC hearing on implications of TURN pr3oposal on PG&E POR.

$2,035 50 Type of notes of previous day's evidentiary hearing.

$828.00 Review CPUC filings

$345 00 Review CPUC filings/decisions

$483 00 Look for information on Gas Accord 11 filing by PG&E at the CPUC.

$1,453.50 Review CPUC filings in several proceedings affecting PG&E, I.e., procurement, rate increase, departing load. Review relevant state legislation.

Review California Energy Commission report on utility rates.

$724.50 Recreate ORA'S allocation methodology (foi DWR long-term energy contract allocation) in Excel to understand and apply the methodology to FTI contract model. -

$897 00 Download and review CPUC filings.

2I.

0 2/2512003

,Neis, Margery Nels;Margery 2.1

.$345.

27. 0 2.6 212712003 -

2.6

$345 SubTotal:- NVeis,.l4argery

.I -25s7

$8,866.50 Monday, March 31, 2003 Prge 4 of 15

Professional

- w ;.-,

Date-,,<,z/lou Billbqg fflre.,es r,seDescription

11.

I.

Professional Date ,.. ;JIours Billing 1?a(e Fees Description Total: CPUC Review

, q 31

$11,540.00 Task Code:

CPUC/OCC Plan of Reorganization I

I rI Lumsden, Tom

. *. 228/2093 *,-, 0.2

(,, ;95

(

1(,t, -I",

SubTotal: -Lumsdon, Tomr

, r.

JTotalC Cg-

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.$119.00

,Review PG&E plan schedule, CPUC testimony schedule, disclosures In 10K and S&P conditions.

$119.00,.,

$ $119.00 1 Task Code::s.- DejbtorPlan of.ARerganiatiqn L

~,

. v Ho, Rocky Ho, Rocky Ho, Rocky Ho, Rocky Ho, Rocky Ho, Rocky

! i Ho, Rocky Ho, Rocky 2/612003 C

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$475 2/10/2003 1.1 i ctr, f2 - 0 3-I -1.

2/11112003;i

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'n 2/11112003 1 A

$475

1(J -. I, -'

$475

$380.00 Review and analyze CPVCniotion for discovery.

$522.50 Review and analyze Harris testimony.

a r tI C

aennc at confimat 1

ion h e aring S570.00 Partial attendance at confirmation hearings.

ei,,

$665.00

- -. ;t I

,..G;

-, I

.!s.

I%

, ; r -L -,

Review and analyze debtor's plan Issues re:NOP matters arnd varjoul assignment desIgnations,

$665.0 Revie an analyz tesioyofJmsHarsI I.

I 1i \\!J- )3r j l

?

-2/11t/2603 i.';t4'

$475

$66S.00 Review and analyze testimony of James Harris In opposition to the PG&E-Plan.

$522.50 Review and analyze Kuga report prior to hearing.

2/12/2003 1.1

.S7

, i..

)(,

i-la;

\\,

.. 2t1 2WO3.-' ;

6-6,4

..);

.' -. 2.,8 :'o S-2/13t2003 1.6 Ho, Rocky 2/13/2003 4.2 Ho. Rocky 2114/2003 1.7 r

1l1 i)*

Ho, Rocky 2118/2003 1.5 Ho,

-Rc OUf'*

Ho, Rocky -.

,, 4 '

2/803*'

$475

- $475

$475

$3,087.50 C..

I

$760.00

a.,~

Review and analyze - attend PGE Plan confirmation hearing - Roy Kuga testifying.

r, "y,,

Review and analyze debtors PSA / bilateral arrangements - re:dispatch issues.

.1 I

I

$1,995.00 Partial attendance to review Kuga cross examination.

$807.50 Review and analyze Kuga Issues - PSA, master

.-w.

separation matters, etc.

$712.50 Review and analyze draft letter I terms provided by PG&E Corp toS&P re:revised financial structure of plan.

$1,187.50 Review and analyze PG&E's amended projected financials with revised capital structure.

$570.00 Review and analyie PG&E filed modifications to the Plan. _

HoRockyw -.,

Ho, Rocky a-. 2/18/2003; r-A-2V S475:

21812003iIc.i7

$475

$332.50 Review and analyze draft NRC order denying NCPA I TANC positions on antitrust concerns and operating matters re: tiansfer of assets to Gen. --.

Ho, Rocky 2/19/2003 r1.1 ' '7

$475

$522.50' -tReview and analyze 2112/03 projections 1a-Reorganized debtor.

Monday, March 31, 2003 Alk~e 5 of l 5

Professional Date Hours Billing Rate -Fees Description Ho, Rocky Ho, Rocky '

Ho, Rocky Ho, Rocky Ho, Rocky Ho, Rocky Ho, Rocky Ho. Rocky Ho, Rocky Ho, Rocky Ho, Rocky Ho, Rocky.

Ho, Rocky H-4o,

Rocky, Ho, Rocky Ho, Rocky Ho, Rocky Ho, Rocky 2/1192033

-, ' 3.4

i 2119r2003-2.5 2/19/2003 -

1.7 2,'20/2003 2.1

2/012003

-2.5 2J20/2603 2/21/2003 1.2 sT 2/21/2003 1.4 2/

0 2.

2/21/2003 2.1 2/2412003 4.1

.2/24P20133 1.1 2/2512nC3:

a1.1'<

2/25/2003 (18 2/26/2003 1.4 2/26/2003 1.5 2/27/2003 08

'212&/2003 1.1-

$475

$475

$475

$475.

$47s

$475

$475 a $475-.

£475,

$475

$s,865 00

$1,187.50

'$807.50

$997.50

$1,187.50

.4i,:00

$570.00

$665.00

$997.50

$1,947.50

$522.50

$997.50 U9250

%P.0.00

$665.00

$712.50

$380 00 Review and analyze plan changes for PGE submitted as of 2112/03 to original filed Plan.

Review and analyze 2/12/03 version of PG&E plan projections for Gtrans, Gen and Etrans.

Review summary finandal analysis of revised PGE -

POR.

Review and analyze notice of fourth motion fo, authority to incur miscellaneous implementation expenses.

Review and analyze draft of summary changes between PG&Es original POR to its revised version.

Review and analyze credit report issued by S&P re.PGE Plan disaggregatlon.

a,

Review and analyze April POR changes - DWR allocations.

Review and analyze draft analysis of April POR to Feb 2003 FOR,, -

Review and analyze PG&E projections (as of 2/1,1303).

Review and organize Amended PGE POR dated 2/24103.

Review and analyze draft market capitalization issues with revised POR.

Review and analyze PG&E Corp Credit Agreement re.Lehman CP.

R6view and arllyze term sheet of proposed securities of revised PG&E POR.

Review and arnJyr0 PGE Corp cap structure.

Review and analyze PG&E amended POR.

Review and analyze PG&E Corp's credit agreement.

Review draft timetable ruling in the status hearing, disclosure issues.

$475

$522 50 Review and analyze gas supply issues.

SubTotal: ho, Rocky Kitchin, Jennifer 212112003 SubTotal:

Kitchin, Jennifer 59.9 2.3

$425 2.3

$28,45250

$977.50 Review financial structure analysis for new PG&E plan-

$977.50

$357.00 Review status of POR confirmaton trial, PG&E reports and strategy.

Page 6 of 15 -

Lumsden, Tom Monday, March 31, 2003 2/6/2003 0.6

$595

1Pate~; ^.l.,ours Billing Ratf, Fees S.

s n

"I

.> Descriptiotn Professional

, LumsdenTon, 21712003

.1.6 Z, $sqq Lumsden, Tom,

2/1012003 2.4

^ LumsdenTom.

I

.-..,2/1P/22003;,

.2 Lumsden, To m

l f

, 2/11/2003 3

I- $595 ca

.2 :.:

Lusen o

Wj'.2, 3*-i'I.

5 Lumsden, Tom 2.1;,

,,2/1/200,3 0.3.4

$595 Lumsden, Tom

, 1.

2/183/2003.-...,

r$5,9 5 Lumsden, Tom 2/17/2003 0.7

$595 o-:,r.^

f

}

J, ta^s v' J '

'9-

'2' Lumsden, Tom 2/18/2003 1.3

$595 Lumsden, Tom 2/18/2003

^-.7

'$595 Lumsden. Tom 2/18/2003 0.9

$595 S.__Ii

vt I..;

Lumsden,.Tom 2/18/2003 1.5

$595

^-

j e v~l.ft& *lus-C.*i.

Lumsden, Tom

-2/19/2003'r 1.7

$595

':4t 'il; : R-

-:i i 2 A 2

f

'vt*

Lumsdeo.,Torn"'.,.

Y3'2/19?2203'x.-

' 0.3 -~

$59&.

Lumsden' Torm i3l 85t'['2ist0-r q9'

'b

~ ~ t

'r" ',

'.)

-t, Lumsden, Tom 2/19/2003 1.3

$595 Lumsden, Tom 2/19/2003 1.7

$595 la~ :j C;.'

t.- :-i =

Lumsden, Tom 2/20/2003 L 1

t.

,-$9 Lumsden, Tom 2/20/2003 0.8-

$ 595

$.S952.00 Review reports filed by PG&E financial experts re Debtor POR for confirmation trial.

$1 547.00 e'articipate.4n PG&E confirmation trial,.review financial expert reports.

$1, 904.00 Ppirtlcipate in PG&E POR confirmation trial, review J.

Harris report. Assist counsel.

$1,785.00 Attend confirmation hearing on PG&E POR, review Seneca report and provide comments and assessment to counsel.

$2,023 00 Attend Court treal on PG&E POR confirmation, review Seneca expert report.

$357.00 Review PGf trial summaries.

$416.50 Review PG&E documents re motions and evt.'

declaratoFis to req4uest additional plan; "

implementation expense. Summarize costs for Committee.

$773.50 Review PG&E materials on Exhibit C update and S&P letters.

$1,011.50 Participate in PG&E confirmation hearing, Kosturas testimony on PG&E solvency and dividend

.l' payments.E: n

<,a

$535.50 Perform detailed review of Exhibit C schedules Identifying POR cliinges.

$892.50 Participate In PG&E confirmation trial re disclosure of modificattohs§ td PG&E plan re Parent Equity contribution and shift to secured debt In newcos.

$410.50 Review email bh PG&E POR changes and on NRC decision re Genco.

$S78.50 Review press reports from PG&E on POR changes.

evaluate Parent financial position re same.

$53.50 Review S&'etfer ard conditions, review exhibit C updates

$773.50 Review exhibit C operating assumptions and c *,

compare to priortplan. and UBS models.

$1,011.50 Prepare analysis of old vs new Exhibit C numbers and summarize for Committee conference call.

$1,130.50

.. Review S&P letter, Exhibit

-Cand S&P measurement criteria for investment grade fating, assess riskZ level and correlation of S&P letter comments with numeric scoring.

$476.00 Review and edit summary of Exhibit C changes for distribution to Committee.

$416.50 Analyze PG&E Exhibit C projections for equity Investment by parent for market feasibility and dilution at parent level.

n Page 7of lS Lumsden. Tom 2/21/2003

- 0.7 -

$595 a

32 Monday, March 31, 2003.

I A Professional Date S

ours Billing Rate F ees IIDescription -

Lumsden, Tom A

AI Lumsden, Tom Lumsden, Tom Lumsden, Tom 2/24/2003 A 0.4 2/25/2003 1.3 2126/2003 -'

08 2/2612003 1

$59

$59!

$595

$595 S1g Lumstien, Torn 2/2712003

- 0 3 Lumsden, Tom 2/27/2003 3.1 I

I -,

I IA SubTotal:

Lumsden, ToM Neis, Margery Nels, Margery Neis, Margery SubTotal:

Nels, Margery Reiss, Freddie I

Reiss, Freddie 2

1

.~ ~

..3 3.3 2/14/2003 --

0.5 5345 21 i 8/2003A 4.3

$345

?J19i20t31 5.6

$345 10.4 2119/2003 0.7

$595 2124/2003 1

$595 2/25/2003 3.3

$595 v2 l595 2/26/2003 0.5

$595 5

$238.00 Review PG&E parent analysis and disclosure Aon terms of parent debt as they may affect POR funding.

5

$773.50 Perform additional review of Exhibit C materials for discussion with Committee.

5

$476.00 Review classification of S&P letter for preparation for Committee conference call.

$595.00 Review comparison of S&P letter conditions for PG&E with that provided to UBS/CPUC. Summarize and assess differences.

$178.50 Discuss trial schedule and discovery with objectors.

$1,844.50 Attend PG&E status conference on confirmation hearing trial scheduling, discovery, deposition schedules.

$21,59a50

$172.50

-Review Milbank memos on plan modifications

$1,483 50 Review and analyze variances in PG&E's new POR.

$1.972.00 Continue to review PG&E's new POR numbers.

$3,588.00

$416.50 Read pleadings regarding plan implementation expenses.

$595 00 Update regarding S&P rating and changes in plan.

$1,963.50 Read new plan of reorganization.

U297.50 Review FTI summary of new plan.

A A A.

Reiss, Freddie 212712003 3

$595

$1,785.00 SubTotal: Reiss; FredoiO 85

$S Total: DebtorPlan ofReorganizatio A 117.4

$59 Task Code DWR Cor tracts/Analysis Court hearing regarding changing PG&E plan.

S,057.50

,674 00 Ho, Rocky 214/2003 0 8 Ho, Rocky Ho, Rocky 211112003 2/24/2003 08 -

1.1

$475 S380.00 Review and analyze revised DWR model and allocation matters.

$475

$380 00 A Review and analyze draft DWR allocation analysis,

$475

$522.50 Review and analyze revised DWR projections and allocation issues.

Monday, March 31, 2003 Page 8 of 15

-E 1t I I

Date H

BIing Rate, ees Professional

.%..Desc

<,,>D,escriprin...

SubTotal: Ho,Rocky 2.7 Lumsden, Tom 2111/2003 0.7

$595

)

r-t

-C, Lumsden, Tom 2114/2003 0.5

$595

-~ ~

~ ~~- -

-wre I

r.,

Lumsden. Tom 2117/2003 1.6

$595 w-,_

o r

.J -...

0 Lumsden, Torm 2

/ 2 4

/ 2 0, 3 ;., *

.tF r -

1_a i%

.A

.4v-Lumsdefi Totn \\9': *': -

',t-2/26/2003 1C *f.4

$595 Vi. _t SubTotal:

Lumsden, Tom 6

1:

.1."

4,I.'

I VI-

$1,282.50

$416.50 Review DWR materials on rework of estimated power purchase pEosts adjusted for settlements.

$297.50 Review DWR calculations and Impact on PG&E plan cash flows *

$952.00 Review and edit models of DWR revenue requirements and contract calculations prepared by M. Neis, analyze changes from prior analysis and impact on cash flow of Joint plan.

$1,07-1.00 Review DWR rpodel and cost components of revenue requfIereents, correlate with CPUC hearing testimony and rulings,

$833.00 Review updates to DWR models for additional settlements and contract modifications announced by DWR, assess impact an cash flow, Compare 2003-2007 numbers to P6&t plan.- '

$3,570.00 Nels, Margery 2/12003 81 3, 45 Neis, Margery Z

216/2003o 3.6-S'

$346I.

Nels, Margery, 2/020

.6 Neis, Margery 2110/2003

.3.6 -

$345 Neis, Margery 2

1 120 03 35

- $345 Neis, Margery 2112/2003 -

333

$345

$2,TA4.50 Update DWR Long-term energy contract model with renegotiated contracts.

$1,207.50 Update DWR long-term energy contfact model -'do some scenario analysis with gas price forecasts.

$1,242.00 Review renegotiated Williams contracL Update DWR long-term energy contract model.

$1,207.50 Update DWR numbers and summarize for team.

.Calculate effect of Allegheny contract

$1,138.50 Neis, Margery Nels, Margery i,

Marger Neis, Margery Neis, Margery 211312003 1.5

$345

$517.50 2/2412003 0.5

$345

$172.50 2/25J2003

, 3.5

$345

$1,207.50 2126t2003 5

$345

$1,725.00 Review renegotiated Williams coni contracts DWR contracts review

, )

I.,T, Review DWR payment estimates.

,,1 t

tract and gas 71t

_1 I.,

Review DWR payment estimate assumptions -

compare to previous estimates in Join plan -and t PG&E plan. Reviewfootnotes. Research CPUC decisions and draft decisions, especially relating to lbond revenue.reqire yent for CDWR.

DWR payment estimates - change presentation and edit fo6tn6tes -update'spot price 'assumptions, allocaton medthdodog. power charges as amended

- by recent CPUCdecisions.

Neis, Margery-2/2712003

_ " 6 S45' SubTotal:

Neis;Mar9&ry ' :-

. i Ir

_ 33.3, n

ell, If

$276.0O Make" final edits andnotes to DWR paymcnt estimates.

6 5$11,488.50 I

L

,, t.)

., i Monday, March 31, 2003g Pag,? ofJS " " -,, -- '.

Professional Date-Iours Billing Rate Fees Descriftioi

-a-Total: D

ConractseApalysias Task Code:

Fee Applicaticn

Ho, Rocky SubTotal:

Ho, Rocky Kim, Angela SubTotal:

Kim, Angela Sin, Theresa Sin;Theiesa Sin, Theresa SubTotal:

Sin, Theresa Young, Allison SubTotal:

Young, Allison Total: Fee Applicabton 2/2812003 0.7

$475

.. I 0.7 2/27.'2003 3 4

$55 3.4 2/24/2003 0.9

$185 212512003 0.5

$185 2/2612003 4.1

$185

$332.50 Review.lanuary cover letter application.

$332.50

$187.00 Work on January fee application. Edit cover sheet and time detaii and bring to court for filing.

$187.00

$166.50 Review time detail for Jan. 03

$92.50 Jan cover letter review.

$758.50 Review time detail, create cover letter.

$1,017.50

$467.50 Review January cover letter application.

$467.50

$Z 004.50

?I28/2003 55 1.1

$425 1.1 I

10.7 view Task Code:

FERC Re Lumsden, Tom 2/28/2003

< C SubTotal:

Lumsden, Tom 2

I.0 Neis, Margery Neis, Margery Neis, Margery SubTotal:

Neis, Margery Total: FERCReview 211812003, 2/18200,3 2/2'/2203

'4

$595

$238.00 Review Westar ana FERC Sec 2C4 utility debt provi-ifons for PG&E 0.4

$238.00 8

$345

$953.CO Review T06 transmission tariff filing - Part, NI,

.3

$3A5

$103 50 Review Milbankmemo on Nuclear Regulatory Commission proceeding in generation bilateral agreement 1

$345

$345.00 Do a FERC FERRIS search engine search for order relating to new debt affiliate rules.

4.1

$1,414.50 4.5

$1,652.50

-ial Statemeni Task Code:

Finan4 t Modeling

x Monday, March 31, 2003 Pange IO of 15

Professional Date.

Hours Billing Rate

,.Fees escription Huang, Theodore 215/2003 2.7 -

$300

$810.00 PG&E-Review General Rate Casemodelto.

understand rate 'sructure and related assumptions for'revisions to model.

SubTotal:

Huang, Theodore 2.7

$810.00-I.-

il-

, , _.-

LumsdenTomn

-2f25/2003

'-2.3 S595 SubTotal:

Lumsden, Tom 23 Neis, Margery-.

2/13/2003.

u-4

$345 Neis, Margery 2/1412003 - -

2.1--

-$345 Margery 2117200

'3l 6.5

$345 Neis, Margery 2117/2003 6.5

$345

+-.

3 r.

Neis, Margery 21201/2003 2

$345 Neis, Margery 2121/2003 2:3 S345 Neis, Margery 24i2003 5.1

$345 Neis, Margery 2/2812003 6.6

$345 SubTotal:

Neis. MargeY 28.6 Total:' -

1ancialSt{ateiltModbGln.:-

?33.6,'

t Task Code:

Financial Statements_

Ho, Rocky V -

2/27/2003 J 4

I

.7A!

Ho, Rocky,,

'22712003-"-

M-A -

'$475' Ho, Rocky 2/2812003 2.7

$475 SubTotal:

HO, ho(4kj6 5.5 Lumsden, Tom 212612003 0 7

$595 T2 Lumsden, Tom 212712003 2.4

$595 '

$1 ;368.50 Review terms of S&P conditions and application to financial models and measurements.

$1,368.50

$1,380.00 Review GRC, Gas Accord II, and T06 filings to model future rates of PG&E.

$724.50 -

ReviewGRC, Gas Accord II, T06 filings to model future rates.

IC'.

S, cc;.\\,"

S

.i,,

1

$2,242.50 Model 2003 projected results - seek 2003 GRC filing ldocumen ts for In!frmaion relating to performance of ve. t bushness. Sta~rtto 'review T06 filing,({rariisrnission revenue requirement).

$690.00 Add credit rating analysis to variance analysis of PG&EPOR r;'.

$793.50 Quality check of variance analysis, tic and tie.

S.

ts t I

$1,759.50 Plan of reorganization - tic and tie - set up variance analysis and credit rating Fnalysis.

$2,277.00 POR variance analysis...2124/03 version to 2/23/03 version. Exhibit C-i to Exhibit C-2; explain

- variances. April version to February (2124/03) veiston'.

$9,867.00

$1ZO45.50

.1

-j

$665.i0 Review and ana1yze PGE 2002 - 10K.

$665.00 Review and onalyze 'Q4 financial results,'presented by debtor.

$1,282.50 Review and anp"yedebtors 1 OK

$2,612.50

$416.50 Review PG&E 8K filing on POR changes and Parent funding Issues.

$1,428.00 Review PG&E SEC form 1 OK for 2002, and exhibits

, andcredlitagreementsfiled wth same.

Monday, March 31, 2003P Page 11 of IS

Prof.qssional Date -'

Hours Billing Ri7te I Fees Description Prfssoa D.l Hor iln e

Fe ecito Lumsden, Tom 2127/2003 0.9

$595 Lumsden, Tom 2/2712003-1.1

$595 Lumsden, Tom 2/2812003 1.7

$595 Lumsden, Tom 2i28/2003 0.7

$595 Lumsden, Tom 212812003 0.5

$595 SubTotal:

Lumsden, Tom 8

Neis, Margery 212712003 1.5

$345 SubTotal:

Neis, Margepy i

1.5 Reiss, Freddie 212612003 1.2

$595 Reiss, Freddie 2128/2003 1.8

$595 SubTotal: Reiss, Freddie 3

Total: Financial Statements 18 Task Code:

General Committee Matters Ho. Rocky 211112003 1.3

$475 Ho, Rocky 22012003 0.3

$475 Ho. Rocky 2125/2003 1.5

$475

$535 50 Listen to PG&E earnings call with analysts on 4th quarter results, utility and NEG.

$654 50 Review PG&E 4th quarter press release and summary financial figures.

$1,011.50 Review PG&E form 10K audited financials.

$416.50 Review PG&E form 10K MD&A and audit opinions

$297.50 Review PG&E SERP buyouts, accounting treatment and cash impact.

$4,760.00

$517.50 PG&E earnings call

$517.50

$714 00 Review 8K.

$1,071.03 Initial review of 1 OK.

$,785 00

$9,675.00

$617.50 Review various committee correspondence including court's decsion on exclusivity, plan re-solicitatifi and others.

SO.6000 Respond to various committee correspondence re.PGE revised financial projections.

$712 50 Review and analyze / comment on issues related to revised PG&E POR in preparation for tomorrow's committee call.

$617.50 Partial attendance on committee call re:updated POR financial projections.

$2,327.50

$1,011 50 Review update and report for Committee on PG&E cash, POR costs and claim status.

$476.00 Draft outline of points to cover in scheduled conference call with Committee on changes to PG&E POR.

I

$1,309 00 Participate in Committee Conference call re New PG&E Plan, S&P letter and 8K and impact on creditors and confirmation.

Page 12 of IS Ho, Rock/

SubTotal:

Ho, Rocky Lurnsden, Tom Lurnsden, Tom Lumsden, Tom 2126/2003 1.3

$475 49

1612003 1.7

$595 2(25/2003 0.8

$595 2/26/2003 2.2

$595 Monday, March 31, 2003

Professional Date "Hours Billing Rate Fees

"-"'Description SubTotal: Lumsden, Tom 4.7

$2,796.50

>*-,+

__i_..a.......

0--,

l.E

.,'~

___5 rrv,, l..

j 1

Reiss, Freddie 212612003 1.5

$595

$892.50 Conference call with committee..

SubTotal:

Reiss,.reidie 1.5

$892.50

.2

' -I

&)

eM.-11'-4t

t*

5 5

Young, Allison 2/6t2003 0.4

$425 r $170.00.Review status updates on PG&E cases, SubTotal:

Young. Allison 0.4

$170.00 f7

,z I

Total: General Committee Matters 11.5

$6,186.50 Task Code:

Legislative Reviewy T

\\

e,

,'I Neis, Margery 2/24/2003r' ;

t.'3

$345

$103.50 Review energy legislailon'-ABtt7 SubTotal: Neis, Margery 0.3

$103.50

~ ~:~f 3/4 Total: Legislabve Review

'a.

3 r 9't r S 103.50 Task Code:

Professional Compensation Matters Ho, Rocky 2t1 1t2003, -

.6-

$475 SubTotal:

Ho, Rocky 1.6 19m.

ng'el',

3$55 Kim, Angela

" '90 3..*.2

, 456

.S at Kim, Angela 2161 20 8.2

$5 Kim, Angela 216/2003 8.2

$*5 Kim, Angela 2/812003 3.7

$55 Kim, Angela 219/2003 3.5

$55 Kim, Angela 21812003 3.5 S55 Kim, Angela 219/2003 5 3.

$55 2,

00

,;S a

i Monday, March 31, 2003

$760.00

Review and analyze UST report on professional fees for the fifth interim fee application period...

4:760.00

-8

$115.50 Begin summary and analysis of other professionals fee application for OCC.

$34t.00 Work on summrnry and analysis of other professional fee applications for OCC.

$407-00 Work on sumrmay and analysis of other professional fee application (5th Interim)

$451.00 Work on summary and analysis of other professionals,5thinterim fee application

,o-

$236.50 Work on summary and analysis of other professionals 5th internm fee applicationr

$203.50 Work on summary and analysis of other professional fee applications (review of time detqil) ar

$192.50 Work on summary and analysis of other professional fee. applications (review and scrutiny of time detail)

$308.00 Work on summary and analysis of other professionals fifth interim fee application.

J, Page 13 of 1 5

--I Professional Date Hours Billing Rate. Fees.

Description Description Kim, Angela Kim, Angela 2/11/2003 5.3

$55

$291 50 Review time detail for other professionals fifth interim fee application in preparation for summary and analysis.

2113/2003 5.9

$55

$324.50 Work on summary and analysis of other professional fee applications (fifth interim). Go over time detail for Howard Rice.

Kim, Angela Kim, Angela Kim,'Angela I,

King. Angela 2114/2003 4.1

$55 2/17/2003

-45

$55

$225 50 Work on summary and analysis of other professionals fifth intenm fee application, look over time detail for Howard Rice and write summary of tasks.

$247.50 Summary and analysis of other professional interim fee applications. Review time detail of Howard Rice.

$148.50 Work on summary and analysis of other professionals Interim fee app. Summary of fees that relate to objectionable hours.

2/2412003 2 7 2/25/2003-3.6

$55

$198.00 Work on summary and analysis of other professional fee applications. Summanze objectionable hours for Howard Rice.

Kim, Angela 2126/2003 4.7

$55

$258.50 Work on summary and analysis of other professional fee applications. Calculate objectionable fees for fifth interim fee app for Heller Erhman and Cooley Godward.

Kim, Angela SubTotal:

Kim, Angela Lumsden, Tom 2/27/2003 3.1

,$55

- 1 74.9 211012003 0.7

$595

$170.50 Finish up analysis of other professional fee application. Calculate objectionable fees for Cooley Godward and edit report and tables for summary.

$4,119.50 Lumsden, Tom 2/28/2003 0.6

$595 SubTotal:

Lumsden, Tom

1.3 Total

Professional Compensation 77.8

$416.50 Review trustee report on fees for fifth interim applications, summarize comments for Committee.

$357.00 Attend fifth interim compensation hearing and obtain signed order.

$773.50

$5,653.00 Task Code:

Subcommittee Matters Ho, Rocky 2/2512003 0.8

$475

$380 00 Partial attendance of OCC professional's call re:PG&E Plan issues in preparation of 2126/03 full committee call

$380.00 SubTotal:

Ho, Rocky 08 Lumsden, Tom Lumsden, Tom 2111/2003 0.4

$595 2/18/2003 0 4

$595

$238 00 Telephone call with P. Aronzon re PG&E financial expert reports and confirmation hearing.

$238.00 Telephone call with P.Aronzon re Parent equity issuance in modifications to PG&E Plan Afonday, March 31, 2003 Page 14 of IS

Professional a :.. th r

Bln R

t, e

I A I esc1 pate H~sBligRt es,,'1 ecilo k

Lumsden Tom 2118/2003 0.5 Lumsden, Tom 2/18/2003 16.u04 Lumrsden,To' t,n

'2/21/.2003'-

.- 3.2

- A> ';

)i.f5.l i:

'urumsden,Tom

- t 2n4i2003 q

-q Lumsden

'Tomr 2J24/2003' 21

^'

I,

' 4;._M-1 Z ', IC Lumsden, Tom dt5/20d3

.1 rs.o *8-.

i r'

l'; i-g SubTotal:

Lumlsdenl, Tom tD nv.r c..

, $595

$595 u,

$595

$595 G:.- :9

$595

$297.50 Telephone call with P. Aronzon re PG&E plan changes and'S&P letter conditions.

$238.00 Telephone call with J. Wilson re PG&E plan changes and financial jmpact.

$1,904.00 Meet with J. Wilson to evaluate feasibility of Parent equity funding, impact on market price and dilution, Impact of parent debt outstanding and restrictions, calculation of implied Market value and price.

$535.50 Telephone call with P. Aronzon re PG&E strategy for plan confirmation, workplan for analysis.

rqcommendptiops to Committee.

$1,249.50 Review PG&E POR amendments and telephone call with J. Wilson to rpview comments and impact on

analysis.-

-4

/

$595.00 Participate In conference call with Milbank, Saybrook and FTi professLonals re assessment of PGE Plan changes.-

'~pa

$5,295.50

$1,071.00 Update with memo's from Milbank Tweed and call to P. Aronzon (Milbank) to discuss debtor's plan amendments.

$297.50 Cab with committee professionals.

$595 8.9

Reiss,

....... I Reiss, Freddie',

.. :r.2 Z/ 2

3 @ -.59

_-2/1P/i2003* J, f.ES S595 Reiss, Freddie 25/003 Reiss, Freddie 2/26/2003

,0.2

$595 Reiss, Freddie 2127/2003 0.5 S

$595 J

2

-f T r`'

r SubTotal: -

ilf&Jdie,

f -

$119 00,,

Call with counsel for committee.

4

8.

4,

$297.50 Update with counsel.

I

.. £9 4 -

I,

$1,785.00 C_ 1).

,I. Etj -

r..

.t-

.jil vs -jx s;.: h¢ r:..... t^

.--r.t I ~

4*,Z 14' 1,4.lvI c-12.

Total: Subcommittee Matters 2

.,:4 1t2.7 Q. C.."

$7,460.50

.t E $1f5,594.50s 1

rr

)

r I.

i,' \\

v t.

I

1.

Total Project:

409.4 J

.1 I

. d.

I f

I '

C, :'. I J '> -

_JJ, I

I I

.1 I

A,'

-w,

2}

' ;§

,,F,,

,, I-

-? -';5w I ;;

,'1.

1

~

I C z I'

.f.

.I I

I J

t I

I I.

Monday, M'arch 31, 2003 Page 75 of Sl

I Exhibit 2-2 Name Paciflc Gas and Electric Detail of Expenses I

.- February I, 2003 thiirough February 28, 2003

'Date Category Amount Description Lumsden, Thomas Pitney Bowes Young, Allison Young, Allison

..1,

2/1112003,- Sundry 913/2002 Sundry 2/19/2003 Sundry 2/23/2003 Sundry

$96.90 Cell phore charge for PG&E.

$1,301.50 Postage - Pitney Bowes Management Services

$128 07 Postage - PItney Bowes Management

-Services January 2003 Fee Application.

$11.70 January cell phone charges.

$1,537.27 I

I 19>11W.X"-==--~

Munway, MnIUrc JI, ZUUJ Page I of I

PROOF OF SERVICE STATE OF CALIFORNIA,' COUNTY OF SAN FRANCISCO I am employed ini thelCouinty-of Sah fitancisco; Statfe f California. I am over the age of 18 and not a party to the Dvithin acqton; my business addresseis 199 Fremont Street, San Francisco,,,

California AGs

On March 31, 2003, I served on the parties listed~on the attached Service L]st, the

,foregoing document(s) described as:

5 FTI CONSULTING INC. COVEI8HEET APPLICATION FOR ALLOWANCE AND PAYMENTOTF HI R*

COMPENSATION AND REIMBU1JREMENT OF EXPENSES FOR FEBRUARY 1, 2003,TO FEBRUARY 28,2003 X

liy placing the' -original X a true copy thereof enclosed in sealed envelopes addressed as stated on the attached servicplsWE (BY UPS OVERNIGffI)ELIVERY)

X Following ordinary business practices at the San Francisco office of PricewaterhouseCoopers LLP, I placed the sealed envelope(s) for collection and mailing with Federal Express on that same day. I am readily familiar with the firm's practice for collection and processing of correspondence for mailing. Under that practice, such correspondence would be deposited with Federal Express on that same day, with postage thereon fully prepaid at San Francisco, California, in the ordinary course of business.

(FEDERAL)

I declare that I am employed in the office of a member of the bar of this court at whose direction the service was made.

Executed on March 31, 2003 San Francisco, California.

Angela Kim

/

/u D

Type or Print Name

/

Signature 03131103 2:26 PM

I Proof of Service by UPS Next Day Air James L. Lopes, Esq.

Howard, Rice, Nemerovski, Canady, Falk & Rabkin Three Embarcadero Center, 7" Floor San Francisco, CA 94111-4065

[Counsel to Debtor]

Office of the U.S. Trustee I. Attn: Stephen Johnson 250 Montgomery Street, Suite 1000

San Francisco, CA 94104-3401 Robert Jay Moore Paul S. Aronzon Milbank, Tweed, Hadley & McCloy LLP 601 South Figueroa Street, Los Angeles, CA 90017

[Counsel 'or Official Committee of Unsecured Creditors]

I x or I

r I

I as

PROOF OF SERVICE STATE OF CALIFORNIA-, COUNTY OF SAN FRANCISCO

I ain employed in the tounty of San Francisco, State of California. I am over the age of 18 and not a party to the within action; my business address is 199 Fremont Street, San Francisco, California.

On March 31, 2003, 1 served on the parties listed on the attached Service List, the foregoing document(s) without exhibits described as:

FTI CONSULTING INC. COVER SHEET APPLICATION FOR ALLOWANCIE AND PAYMENT OF INTERIM COMPENSATION AND REIMB USMENT QF EXPENSES FOR, FEBRUARY 1, 2003 TO FEBRUARY 28, 2003 X

by placing the _ original X a true copy thereof enclosed in sealed envelopes addressed as stated on the attached service list:

(BY MAIL)

X Following ordinary business practices at the San Francisco office of PricewaterhouseCoopers LLP, I placed the sealed envelope(s) for collection and mailing with the United States Postal Service on that same day. I am readily familiar with the firm's practice for collection and processing of correspondence for mailing. Under that practice, such correspondence would be deposited with the United States Postal Service on that same day, with postage thereon fully prepaid at San Francisco, California, in the ordinary course of business.

(FEDERAL)

I declare that I am employed in the office of a member of the bar of this court at whose direction the service was made.

Executed on March 31, 2003 San Francisco, California.

Angela Kim Type or Print Name Signature 03/31/03 2:26 PM

ML031200246

Text

0.5 Total

1.3 Total

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