VCMRR018

    Summary

    Title: Verifiable Cost Manual Revision Request Process
    Next Group:
    Next Step:
    Status: Approved on 05/25/2017
    Effective Date: 06/01/2017

    Action

    Date Gov Body Action Taken Next Steps
    05/25/2017 TAC Approved
    04/05/2017 WMS Recommended for Approval Revision Request Consideration

    Voting Record

    Date Gov Body Motion Result
    05/25/2017 TAC To approve VCMRR018 as recommended by WMS in the 4/5/17 WMS Report. Passed
    04/05/2017 WMS To recommend approval of VCMRR018 as submitted. Passed

    Vote tallies here reflect individual votes, not the weight of the votes by market segment. Affirmative votes are not recorded in these vote tallies. For additional details on the voting record, please consult the Recommendation or Action Report, or the official vote tally if available, as posted in the key documents.

    Background

    Status: Approved
    Date Posted: 03/22/2017
    Sponsor: ERCOT
    Urgent: No
    Sections: 13.1, 13.3.3, 13.3.5, 13.3.6, 13.3.7, 13.3.8, 13.5, 13.6
    Description: This Verifiable Cost Manual Revision Request (VCMRR) aligns the Verifiable Cost Manual revision process with the ERCOT Protocols and Market Guides. More specifically, it revises the length of the comment period for newly submitted VCMRRs from 7 to 14 days; requires review of all VCMRR Impact Analyses by WMS; aligns the process for submission and review of Urgent VCMRRs with other revision request types; expands the list of VCMRRs requiring ERCOT Board approval; and provides additional general revisions to mirror the ERCOT Protocols and Market Guides. These process changes were discussed at the 8/25/16 TAC/TAC Subcommittee Structural and Procedural Review, the 9/29/16 TAC meeting, and the 10/10/16 HR & Governance Committee meeting.
    Reason: Market efficiencies or enhancements

    Key Documents