1.

D. Zake

2.

Election of PRS Chair and Vice Chair for 2006

D. Zake

3.

Approval of Minutes

December 16, 2005

PRS Chair

4.

Urgency Votes

PRS Chair

5.

TAC and Board Reports (Possible Vote)

PRS Chair

6.

Project Update and Summary of PPL Activity to Date

T. Anderson

7.

Report on Revised Project Criteria

T. Anderson

8.

Information Technology Operations Continuous Analysis and Requirements Team (IO CART) Presentation

Shawna Jirasek

9.

Review of PRR Language (Vote)

PRR602 -- Ancillary Service Obligation for DC Tie Exports.  Remanded to PRS by TAC on 11/3/05.

PRR647 -- Gross and Net MW/Mvar Data Reporting

10.

Review of PRS Recommendation Report and Impact Analyses for PRRs Recommended for Approval at December Meeting (Possible Vote)

PRR630 - Private Use Networks

PRR635 - Resource Plan Performance Metrics Update

PRR640 -- Update Provisions for Capacity and Energy  Payments for RMR Service and Add a New Standard Form Agreement for Synchronous Condenser Service

PRR642 -- Lower Limit to IDR Meters in MRE for True-Up Settlement IDR Threshold

11.

Review of CBA (Vote)

PRR567 -- Simplified Three-Part Bidding for Ancillary Services (FKA Block Bidding of Ancillary Services).  Remanded to PRS by TAC on 12/1/05.

PRR602 -- Ancillary Service Obligation for DC Tie Exports.  Remanded to PRS by TAC on 11/3/05.

12.

Project Prioritization (Vote)

PRR567 -- Simplified Three-Part Bidding for Ancillary Services (FKA Block Bidding of Ancillary Services).  Remanded to PRS by TAC on 12/1/05.

Appropriate PRRs from Item #10 above.

13.

Other Business

14.

Adjourn

15.

Future PRS Meetings

• February 23, 2006
• March 23, 2006