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VCMRR018

Summary

Title Verifiable Cost Manual Revision Request Process
Next Group
Next Step
Status Approved on 05/25/2017
Effective Dates
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

Background

Status: Approved
Date Posted: Mar 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