1.

Antitrust Admonition

K. Gresham

2.

Approval of Minutes

March 23, 2006

K. Gresham

3.

Urgency Votes

PRR659, Reporting of ERCOT Replacement Reserve Service Procurements

PRR660, Texas SET Transactional Solution for a Mass Transition Event - Pending

PRR661, SCE Performance Enforcement Criteria - URGENT

PRR662, Modify Ancillary Service Deployment Performance Conditions - URGENT

K. Gresham

4.

TAC and Board Reports (Possible Vote)

K. Gresham

5.

Project Update and Summary of Project Priority List (PPL) Activity to Date (Note: T. Anderson available by phone if there are questions.)

T. Anderson

6.

Review of Operating Guides Revision Requests (OGRRs)

OGRR169, Reporting of Reserve Capability Under Severe Gas Curtailments

OGRR176, Market Participant Use of DNS or EROCT Web-Based Front Page for Site Failover

OGRR178, Revision to Reactive Limits Verification Form

7.

Review of Recommendation Report and Impact Analysis (Possible Vote)

PRR650, Balancing Energy Price Adjustment Due to Non-Spinning Reserve Service Energy Deployment

8.

Review of PRR Language (Vote)

PRR652, Customer Information Repository

PRR655, Approval of Temporary Modification to Annual Validation

PRR653, OOME Ramp Rate Adherence

PRR654, Remove Market Solution References

PRR657, Process for Protocol Revisions During the Transition to a Nodal Market

PRR649, Correct "K" Factor in Compliance SCE Formula -URGENT

PRR656, SCE Performance Charge

PRR661, SCE Performance Enforcement Criteria - URGENT

PRR662, Modify Ancillary Service Deployment Performance Conditions - URGENT

9.

Project Prioritization (Vote)

Appropriate PRRs from Item #7 and 8 above.

10.

Review Presentation on Participant Funding of ERCOT Projects (possible vote)

K. Gresham

11.

Other Business

12.

Adjourn

13.

Future PRS Meetings

• May 18, 2006
• June 22, 2006