Document dQ431MqpjNaDrDjDbVbZDr3a6

From: Sent: To: Subject: Lorraine Twerdok [twerdokl@api.orgj Monday, August 13, 2001 1:20 PM Beatty, Patrick; BURNETT, Don; Carol A Fairbrother; 'michael.d.johnston@usa.conoco.com' (BZ Consort); 'pmclegg@shellus.com' FW: BENZENE Consortium Invoicing - REPLY REQUESTED/REQUIRED Importance: High Follow Up Flag: Follow up Due By: Tuesday, August 28, 2001 5:00 PM Flag Status: Flagged To Benzene Health Research Consortium Oversight Committee: API met with Dr. Irons on 8/7/01 to discuss University of Colorado grant issues. At API's request, Dr. Irons presented us with an estimate of approximately $3M for research expenses through the end of 2001. This total includes: 1. University of Colorado personnel and expenses ($780K; includes Shanghai travel and lodging) 2. University of Fudan personnel and expenses ($56K) 3. SMCDCP (Shanghai CDC equivalent) personnel and expenses ($13K) 4. SIPHS (Shanghai OSHA equivalent) personnel and expenses ($60K) 5. EMBSI (exposure assessment & epi. support) personnel and expenses ($150K) 6. Laboratory (clinical and research) equipment, supplies and start-up costs ($1.8M) In order to keep Dr. Irons solvent with the University of Colorado, keep good faith with the Chinese collaborators, and get the laboratory set-up started so case sample work may begin early next year, we need to have the grant in place by September 1, 2001. This $3M estimate is very close to the 15% invoicing for year 2001 agreed upon during budget discussions last May/June. As you may recall, in order to accommodate a mid-year start it was decided to invoice half of Year 1 costs immediately, and the other half early in 2002. Year 1 invoices are 30% of the total research costs, so half of 30% is 15%, and 15% of $19.7M is $2.955M. Consequently, in consultation with the Oversight Committee Chair and based on your company commitment letters, we would like to invoice the initial 15% to all companies within the next week. By return email, could you please send me your company contact information for invoicing. Thank you, Lorraine Twerdok Benzene Consortium Administrator PS - Attached is a one page summary budget estimate; 50+ pages of detailed budget excel spreadsheets are available upon request - in hard copy, only. ***************************************** Lorraine E. Twerdok, PhD., DABT Manager, Health Sciences American Petroleum Institute 1220 L Street, N.W. SH ELL-MCCLU RG-066067 Washington, DC 20005 tel: 202-682-8344 fax: 202-682-8270 email: twerdokl@api.org <mailto:twerdokl@api.org> budget sum 8-01 1 pagePCf' SH ELL-MCCLU RG-066068 Cash Flow Management L.01SC Fudan 8rv1CDCP SIPHS Bv1BS1 Total UCHSC Dr. Irons Total Jul-01 $75,051 $ 2,882 $ $ 890 $ $ 644 $ $ -$ $ 79,468 $ $ 20,000 $ $ 99,468 $ A $136,975 18,352 890 644 - 156,862 40,348 197,210 $ $ $ $ $ $ $ - -r _. $91,304 7,421 2,178 52,094 56,158 209,156 21,450 230,606 $ $ $ $ $ $ $ _"" - I $163,453 9,010 3,145 2094 20958 198,660 21,450 220,110 $ $ $ $ $ $ $ .,.vv $74,239 9,010 3,145 2,094 27458 115,947 21,450 137.397 $ $ $ $ $ $ $ LJ'I;;\J-V I 1 .. .;:tL U .VIUIUII" $76,965 $617,987 9,580 $56255 3,145 $13 393 2094 $59665 44708 $149283 136,492 $ 896 584 27,210 $151 908 163.702 $ 1.048.492 (J) (0 o (0 (0 o I C) 0:::: ::::> o.....J o ~ I .....J .....J W I Cf) UCHSC Fudan 8rv1CDCP SIPHS Bv1BSI Total UCHSC Dr. Irons Total First 6 Months $617,987 $56,255 $13,393 $59 665 $149,283 $896 584 $151 908 1"-$1,048,492 ) ............... ./ 2002 $1,615,587 $363,334 $75,348 $25 130 $372 745 $2452144 $289,073 $2,741,217 1.5 Year Total $2,233,574 $419,589 $88,741 $84,796 $522,028 $3,348,728 $440 981 $3,789,709 Equip. & Startup $1 827,083 $- $- $- $- $1,827 083 $- ($1,827 08J"1 Grand Total $4 060,657 I $419,589 I $88741 I $84,796 $522 028 $5,175,811 $440,981 $5616,792 I<f fa w\o ~ t ~jshJy = ~ :I/>.3H Original Budgetl Year 1 $4,682,412 1 Year 2 $2,818,557 1 Year 3 $2,862,771 Year 4 Year 5 $2,605,238 1 $2,139,941 Total $15,108,919 1 01-02 2003 Shifted Budgetl $ 6,091,6901$ 2,840,664 1 $ 2004 2005 1/2 of 2006 Total I I2,734,005 $ 2,372,589 $1,069,9701$ 15,108,919\ Actual Budgetl $ Projected Differencel $ sl"t{O{ 01-02 I5,616,792 $ I474,898 $ 2003 I3,322,425 2004 N.A. 2005 N.A. 112 of 2006 Total N.A. I $ 15,108,919\ (481,760)1 LcCHSC~lA.~ eU U~~SCt~ ~ (ts .s~ho.\ ~ ~ ~~~l.j-Fu..1:>At-J: 1=1A..1)~ U-n.W'ft't S Mc..'b c..,p::. t'Y\<M'\l&.fk f p(4vrJ s \ fITS :: s.~~~ lV\ah ~ r') P~ltc.: (.\-&-i{t, ~{i'tltS (0 V\ z-t'Y\e,~t ~ <LxxoY\Mdo;( ~IO~-~ S{.(~ I IV\-v (