CONFIDENTIAL
BCSKBY DGI AND ECGD 1118900Z
*4 BTC HONG KONG 112515Z DEC 78
'
TO IMMEDIATE D.0.1. TELNO, INDUS 227 OF 11 DECEMBER, INFO IMMEDIATE E.C.G.D (FOR BIRCH).
FOR LIPPITT AND HAVELOCK, EPT.
IMMEDIATE
ADVANCE COPY
HKK164/1
RECOIL
HD/HKED.
80. 51
HONG KONG TRANSMISSION SYSTEM.
OFFICER
No
RE Action Taken
1. DENNIS WHEATLAND WILL DELIVER A COPY OF CLP'S DRAFT LETTER
OF INTENT FOR BALFOUR BEATTY TO THE DEPARTMENT AT 9 A.M TODAY.
SIGNATURE IS NOW PLANNED FOR 0632Z TOMORROW 12 DECEMBER AND BALFOUR BEATTY WOULD BE GLAD OF THE DEPARTMENT'S APPROVAL AND /OR
COMMENTS ON ITS TERMS TO REACH ME BY 1288322.
2. FOLLOWING ARE BALFOUR BEATTY'S PROPOSED COMMENTS ON DETAIL:
(A) SUBSTITUTE 'TOWARDS' INSTEAD OF **FOR** IN LINE SIX
OF PARA.2.
(B) ADD PRICE IN WORDS AS WELL AS NUMBERS 18 PARA.4.
(C) ADD
ADD **BASED ON THOSE** AFTER **ARRANGEMENTS IN LINE 3
OF PARA.5
A....
(D) INCREASE INSURANCE COVERAGE IN PARA,8 FROM DOLLARS TEN
MILLION-TO DOLLARS SEVENTY FIVE MILLION AND TO INCLUDE
CONSTRUCTION EQUIPMENT.
3. DAVID GEMMILL AND I WOULD BE GRATEFUL FOR CONFIRMATION THAT
PARA.10 (SECURITY) IS ACCEPTABLE TO E.C.G.D.
4. A SIGNIFICANT CMISSION IS PROVISION FOR PAYMENTS BETWEEN
LETTER OF INTENT AND CONTRACT SIGNATURE AS REQUESTED BY BALFOUR
BEATTY. THIS REQUEST IS SUPPORTED BY BOTH STONES AND BROOKS
BUT KADOORIE SAYS HE HAS NO AUTHORITY TO MAKE SUCH PAYMENTS
BECAUSE NOME WERE MADE TO GEC ALTHOUGH HE WILL RAISE IT WITH HIS BOARD NEXT FRIDAY (1.E AFTER SIGNATURE OF THE LOT).
5. ODELL REQUESTS YOUR SUPPORT IN PERSUADING CLP TO AGREE TO
INTERIM PAYMENTS AND ASKS WHETHER YOU WOULD BE PREPARED TO SEND A TELEX TO SIR LAWRENCE ON THE LINES OF THE FOLLOWING DRAFT:-
BEGINS
21 AM SOLAGHTEL
ថ
BETH BALEGUR
MAL HAVE ÁCREED TO ISSUE THEM