Item

Topic

Topic Type

Presenter

Time

1.       

Call open session to order and announce proxies and segment alternates

Discussion

Jorge Bermudez

1:00 pm

2.       

Approve April 16, 2012 general session minutes

Vote

Jorge Bermudez

3.       

Review and recommend board approval of management’s recommended 2013 budget

Vote

Freddy Wolff

4.       

Review and accept ERCOT’s 2011 A-133 Department of Energy grant audit report

Vote

Rebecca Beckham

Ernst & Young

5.       

Review and confirm appointment of the Vice Chair of the Credit Work Group

Vote

Mark Ruane

6.       

Review Committee briefs

a.       Committee member training

b.      Periodic report on investments

c.       Nodal Cost Filing

d.      Status of Open Audit Points

Discussion

Rebecca Beckham

Grady Roberts

Grady Roberts

7.       

Future agenda items

Discussion

Grady Roberts

8.       

Other business

Discussion

Grady Roberts

Convene to executive session

Jorge Bermudez

9.       

Approve April 16, 2012 executive session minutes

Vote

Jorge Bermudez

10.   

Contract, personnel, security, compliance, risk management, litigation and regulatory matters

Discussion

Mark Ruane

11.   

Receive periodic report on internal audit activity from the Chief Audit Executive

Discussion

Bill Wullenjohn

Reconvene to open session

--

Jorge Bermudez

12.

Vote on matters from executive session

Vote

Jorge Bermudez

Adjourn meeting

Jorge Bermudez

3:30 pm