20080229 Ver 1_USACE & EBX email - no prorated release_20130911

Merritt, Katie
From:Matthews, Monte K SAW \[[e-mail]\]
Sent:Wednesday, September 11, 2013 3:20 PM
To:Merritt, Katie
Cc:Lastinger, James C SAW
Subject:FW: forrest creek (UNCLASSIFIED)
Classification: UNCLASSIFIED
Caveats: NONE

Here is the email with James' address....

-----Original Message-----
From: Matthews, Monte K SAW
Sent: Tuesday, September 10, 2013 7:48 AM
To: Tommy Cousins
Cc: Lastinger, James C SAW
Subject: RE: forrest creek (UNCLASSIFIED)

Classification: UNCLASSIFIED
Caveats: NONE

Tommy - Thanks for the congrats!

I'm doing this from memory, and you know how that is sometimes.....but I believe that the
final credit release was similar to the amount linear footage contained within the repair
area. Since the final release of credits is tied to closeout (something we can't do for
three more years), we were going to hold the final release in abeyance until the repair was
closed out (with no prorated release).

The only other option we had was to not release the credits for year three. With the amount
of repair needed (and the costs associated with the repair), we released the 3rd year's
credits and deferred to final closeout - so that some of the repair costs could be recovered
quickly. Does this make sense? With the erosive soils around Forrest Creek, I would be
hesitant to work thru a prorated release because it seems like an unexpected problem can
occur quickly.

I think that James is taking over Forrest Creek and he has the file. You may want to check
with him for a final determination.

Talk to you soon,

Monte

-----Original Message-----
From: Tommy Cousins \[mailto:[e-mail]\]
Sent: Monday, September 09, 2013 6:26 PM
To: Matthews, Monte K SAW
Subject: \[EXTERNAL\] RE: forrest creek (UNCLASSIFIED)

Monte, first of all congrats on the new position. We are sorry you won't be working with us
anymore! I know I have asked you this before so I apologize, but can you remind what the
agreement was with EarthMark on the Forrest Creek monitoring? I know we are doing an
additional three years but I couldn't remember if we are prorating the credit releases at all
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based on the percentage of the project that is failing? I was thinking Rich had negotiated a
partial release of the final credit release.

Thanks!
Tommy

Classification: UNCLASSIFIED
Caveats: NONE

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