Item

Topic

Topic Type

Presenter

Time
Allocation in Minutes

1.

Call General Session to Order, Announce Proxies and Segment Alternates

--

Chair

--

2.

January 14, 2013 General Session Meeting Minutes

Vote

Chair

5

3.

Update on Recommendation regarding Committee Charter

Discussion/Possible Vote

Chair

5

4.

Recommendation regarding Financial Corporate Standard

Vote

Leslie Wiley

5

5.

Review Policies and Assumptions relating to the 2014 Budget

Discussion

Michael Petterson

45

5.1

User Fees Policy

Discussion

Michael Petterson

--

5.2

Financing and Debt Use Policy

Discussion

Michael Petterson

--

5.3

Fee Variability

Discussion

Michael Petterson

--

Break

--

--

5

6.

Review and Ratification of Credit Work Group Charter

Vote

Mark Ruane

10

7.

Confirmation of Credit Work Group Chair and Vice Chair

Vote

Mark Ruane

5

8.

Recommendation regarding ERCOT Creditworthiness Standards

Vote

Mark Ruane

10

9.

Periodic Report on Credit Work Group Activity

Discussion

CWG Chair

15

10.

Preapproval of Non-Audit Services

Vote

Michael Petterson

5

11.

Committee Education Plan for 2013

Discussion

Michael Petterson

10

12.

Committee Briefs

Discussion

Michael Petterson

--

12.1

Review Unaudited 2012 Financial Statements

Discussion

Michael Petterson

15

12.2

2013 Financial Summary

Discussion

Michael Petterson

5

12.3

Periodic Report on Investments

Discussion

Leslie Wiley

2

12.4

Financial Institutions Which Are Market Participants

Discussion

Leslie Wiley

3

12.5

Internal Control Management Program Report

Discussion

Allison Atherton

5

13.

Future Agenda Items

Discussion

Michael Petterson

3

14.

Other Business

Discussion

Michael Petterson

2

ES 1

Convene Executive Session

--

--

ES 2

January 14, 2013 Executive Session Meeting Minutes

Vote

Chair

5

ES 3

Contract, Personnel, Security, Compliance, Risk Management, Litigation and Regulatory Matters

Discussion

--

--

ES 3.1

Chief Executive Officer Report on Adequacy on Internal Controls

Discussion

Trip Doggett

10

ES 3.2

Enterprise and Credit Risk Review

Discussion

Mark Ruane

10

ES 3.3

Periodic Report on Strategic Information Technology Issues

Discussion

Jerry Dreyer

20

ES 4

Periodic Report on Internal Audit Activity

Discussion

Bill Wullenjohn

--

ES 4.1

Internal Audit Status Report

Discussion

Bill Wullenjohn

5

ES 4.2

Update on External Quality Assessment of the Internal Audit Department

Discussion

Bill Wullenjohn

10

ES 4.3

EthicsPoint Update

Discussion

Bill Wullenjohn

5

ES 4.4

Chief Audit Executive Compensation

Discussion

Trip Doggett

10

ES 5

Recommendation regarding Selection of ERCOT 401(k) Savings Plan Auditor

Discussion

Susan Westbrook

--

ES 6

Reconvene General Session

--

--

--

15.

Vote on Matters from Executive Session

Vote

Chair

5

16.

Adjourn

--

Chair

--