Finance & Audit Committee Meeting

    October 16, 2017
    01:00 PM
    ERCOT Austin Room 206
    7620 Metro Center Dr.
    Austin, TX 78744

    Agenda

    Item

    Topic

    Topic Type

    Presenter

    1.

    Call General Session to Order, Announce Proxies and Segment Alternates

    --

    Chair

    2.

    August 7, 2017 General Session Meeting Minutes

    Vote

    Chair

    3.

    Committee Education

    Discussion

    Chair

     
    3.1

    Committee Education on Cybersecurity Risk Management: Leading Practices and the New SOC for Cybersecurity Report

    Discussion

    Tom Wojcinski, Baker Tilly

     
    3.2

    Follow-Up Item Regarding August 2017 Committee Education on Day-Ahead and Real-Time Market Operation – DAM Net Flow vs. Real-Time Load

    Discussion

    Kenan Ögelman

    4.

    Periodic Report on Credit Work Group Activity

    Discussion

    Donald Meek, CWG Chair

    5.

    Letter of Credit Issuer Limits

    Discussion

    Mark Ruane

    6.

    System Administration Fee Analysis

    Discussion

    Sean Taylor

    7.

    Committee Briefs

    Discussion

    Staff

     
    7.1

    Review 2017 Financial Summary

    Discussion

    Sean Taylor

     
    7.2

    Periodic Report on Investments

    Discussion

    Leslie Wiley

    8.

    Annual Committee Self-Evaluation

    Discussion

    Chair

    9.

    Future Agenda Items

    Discussion

    Michael Petterson

    10.

    Other Business

    Discussion

    Michael Petterson

     

    Convene Executive Session

    --

    --

     

    August 7, 2017 Executive Session Meeting Minutes

    Vote

    Chair

     

    Periodic Report on Internal Audit Activity

    Discussion

    Penny Rychetsky

     

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

    Discussion

    Staff

     

    Reconvene General Session

    --

    --

    11.

    Vote on Matters from Executive Session

    Vote

    Chair

    12.

    Adjournment

    --

    Chair

           

    *The conclusion time shown on the Agenda is approximate.

    The meeting may conclude earlier or later than the noted time.

    Matters may also be taken out of Agenda order.

     

    The next regularly-scheduled F&A Committee Meeting is expected to be held on December 11, 2017 at 7620 Metro Center Drive, Austin, Texas.

     

    Additional Information

    Live and archived broadcasts of board meetings are available at: http://www.adminmonitor.com/tx/ercot/. If you experience difficulty viewing the broadcast, please contact the Admin Monitor Help Desk at 1-888-792-8686 (toll free) for assistance.

     

    Scheduled Finance & Audit Meetings