Urgent Finance & Audit Committee Meeting - Teleconference Available by Webcast

December 07, 2020
09:00 AM

Agenda

Item

Topic

Topic Type

Presenter

1.

Call General Session to Order, Announce Proxies and Segment Alternates

--

Chair

2.

General Session Meeting Minutes

Vote

Chair

 
2.1.

February 11, 2020 Meeting

Vote

--

 
2.2.

August 10, 2020 Urgent Meeting

Vote

--

 
2.3.

October 12, 2020 Urgent Meeting

Vote

--

3.

Results of Examination and Independence Report from the System and Organization Control Auditor

Discussion

Schellman & Company

4.

Recommendation Regarding Acceptance of 2020 System and Organization Control Audit Report

Vote

Christine Hasha and Schellman & Company

5.

Periodic Report on Credit Work Group Activity

Discussion

Mark Holler, CWG Chair

6.

Annual Committee Self-Evaluation Survey Results

Discussion

Chair

7.

Committee Briefs

Discussion

Staff

 
7.1.

Review 2020 Financial Summary

Discussion

Sean Taylor

 
7.2.

Periodic Report on Investments

Discussion

Leslie Wiley

8.

Future Agenda Items

Discussion

Sean Taylor

9.

Other Urgent Business

Discussion

Chair

 

Break

 

 

 

Convene Executive Session

--

--

 

Executive Session Meeting Minutes

Vote

Chair

 

February 11, 2020 Meeting

Vote

--

 

August 10, 2020 Urgent Meeting

Vote

--

 

October 12, 2020 Urgent Meeting

Vote

--

 

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

Discussion

Staff

 

Recommendation Regarding Selection of 2021 Independent System and Organization Control Auditor

Discussion

Sean Taylor

 

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

Discussion

Sean Taylor

 

Recommendation Regarding Selection of Independent Financial Auditor

Discussion

Sean Taylor

 

Recommendation Regarding Selection of Independent System and Organization Control Auditor

Discussion

Sean Taylor

 

Periodic Report on Internal Audit Activity

Discussion

Penny Rychetsky

 

Reconvene General Session

--

--

10.

Vote on Matters from Executive Session

Vote

Chair

11.

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 February 8, 2021.

 

A live meeting webcast will be available on the main web page for the Board: http://www.ercot.com/committee/finance_audit.

 

Any person who wants to provide public comment on the agenda items can do so by sending an email to Vickie Leady, ERCOT Assistant General Counsel and Assistant Corporate Secretary, at Vickie.Leady@ercot.com by 5:00 pm on Friday, December 4, 2020, with the following information:

 

  1. Your name
  2. The company or organization that you represent, if applicable
  3. Your preferred email address
  4. Your telephone number where you can be reached immediately prior and during the urgent F&A Committee meeting
  5. The agenda item for which you plan to provide comment
  6. The general substance of your comment

 

Upon receipt of this information, a unique personal identifier, technical information on participation, and allotted time limit will be provided to each participant in advance of the meeting.

 

If you experience technical problems associated with the webcasting service,

please contact webcast service provider Swagit Productions directly by phone at

(214) 432-5905 (main office) or (800) 573-3160 (toll free).

 

 

Scheduled Finance & Audit Meetings