Description of item

Presenter Name

Time

1.

Antitrust Admonition

M. Brelinsky

9:30 a.m.

2.

Agenda Review

M. Brelinsky

9:35 a.m.

3.

Responsive Reserve Service and LaaR Bidding Discussion

M. Brelinsky

3A.

Update on TAC/WMS Meetings and New WMS Assignment

M. Brelinsky

9:45 a.m.

3B.

Update from Credit Working Group

M. Davies

10:00 a.m.

3C.

Review RRS Processes for Self Arranging and Awards

M. Patterson

10:15 a.m.

3D.

Review Proration of Bids and Potential Overshoot Issues

M. Patterson

10:25 a.m.

3E.

Recent RRS Market Behavior by Market Participants

M. Smith

10:35 a.m.

3F.

Discuss Other Issues Associated with Negative Bids (Defaults, Adjustment Period Procurement, etc.)

M. Patterson

10:45 a.m.

3G.

Review 2004 and 2005 RRS Procurement Activities

M. Patterson

11:00 a.m.

3H.

Review Test Case Scenario’s and Application under Current Rules

M. Brelinsky

11:30 a.m.

Lunch

3I.

Determine Alternatives to Mitigate or Eliminate Market Risk Associated with Negative Bids

M. Brelinsky

1:00 p.m.

3J.

Identify Next Steps in Development of Proposed Solutions, Key Personnel Required and Establish Timelines/Schedules

M. Brelinsky

2:00 p.m.

4.

Call for Nominations and Vote for DSWG leadership for 2006

M. Brelinsky

3:00 p.m.

5.

Review Minutes from Previous Meeting as time permits

M. Brelinsky

3:10 p.m.

6.

Review Action Items from the Meeting

M. Brelinsky

3:15 p.m.

7.

Meeting Adjourned

M. Brelinsky

3:30 p.m.