NOTICE DATE: February 15,
2013
NOTICE TYPE: M-A021513-01 Legal
SHORT DESCRIPTION: Counter-Party Risk Certification due by April
30, 2013
INTENDED AUDIENCE: Counter-Parties
DAY AFFECTED:
April 30, 2013
LONG DESCRIPTION:
ERCOT Protocols Section 16.16.12 requires all Counter-Parties to submit to ERCOT annually a notarized certificate, signed by an officer or executive with authority to bind the Counter-Party, in the form of
Section 22, Attachment J, Annual Certification Form to Meet ERCOT Additional Minimum Participation Requirements, certifying that the Counter-Party (a) is in compliance with each of the Counter-Party criteria and (b) agrees to procedures for verification
of its risk management framework as described in Section 16.16.3, Verification of Risk Management Framework.
The Annual Certification Form must be received by ERCOT
no later than 120 days after the close of the fiscal year of the Counter-Party or its guarantor.
ACTION REQUIRED: Counter-Parties or their Guarantors with fiscal years ending December 31, 2012
should provide a signed and notarized certificate in the form of
Protocol Section 22 Attachment J, Annual Certification Form
to ERCOT no later than April 30, 2013. Compliance with these requirements will avoid any remedial action (e.g., material breach) as authorized under the Standard Form Market Participant (MP) Agreement,
the ERCOT Protocols and/or the Public Utility Regulatory Act (PURA).
Please forward the Annual Certification Form to:
[log in to unmask] with the original document sent to:
ERCOT
7620 Metro Center Dr.
Attn: Kevin Pearcy
Austin, TX 78744
PHN: (512) 225-7029
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 email at [log in to unmask].
If you are receiving email from an ERCOT distribution list that you no longer wish to receive, please follow this link in order to unsubscribe
from this list: http://lists.ercot.com.
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