NOTICE DATE: July 15,
2009
NOTICE TYPE: M-A071509-01
Legal Notification
SHORT DESCRIPTION: Qualified
Scheduling Entities (QSEs) financial statements are due by August 31, 2009
INTENDED AUDIENCE: QSE
Financial Personnel
DAY AFFECTED: August 31,
2009
LONG DESCRIPTION: ERCOT Protocol Section
16.2.8 requires all QSEs to provide their own or their Guarantor’s
: (1) quarterly unaudited financial statements (semi-annually, if the Guarantor
is foreign and rated by a rating agency acceptable to ERCOT) not later than
sixty (60) days (ninety (90) days if the Guarantor is foreign and rated by a
rating agency acceptable to ERCOT) after the close of the issuer’s fiscal
quarters; and (2) annual audited financial statements not later than 120 days
after the close of the issuer’s fiscal year.
For QSEs/Guarantors whose fiscal quarter ended on June 30,
2009, the quarterly financial statements are due by August 31, 2009.
ACTION REQUIRED: QSEs or their
Guarantor, whose quarterly financial statements for 2009 are due (or past due)
should provide these statements to ERCOT as soon as possible to avoid any
remedial action as authorized under the Standard Form Market Participant (MP)
Agreement, the ERCOT Protocols and/or the Public Utility Regulatory Act
(PURA).
For all QSEs who fail to timely submit their quarterly unaudited financial
statements by August 31, 2009, ERCOT will submit the names of those QSEs to the
Public Utility Commission of Texas (PUCT) in an informational filing in PUCT
Docket No. 27706 by no later than September
15, 2009. This Notice serves as the only reminder to QSEs to
submit their financial statements by the August 31, 2009, deadline.
QSE’s or Guarantor’s financial statements that are publicly
available electronically need not be provided to ERCOT.
Please
forward financial statements to [log in to unmask] or
ERCOT
7620 Metro Center Dr.
@Vanessa Spells
Austin, TX 78744
PHN: 512 225 7014
CONTACT: If you have any
questions, please contact your ERCOT Account Manager. You may also call the
general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT
Client Services via e-mail at [log in to unmask].
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link in order to unsubscribe from this list: http://lists.ercot.com.
dh