Meeting · FINANCE_AUDIT
Finance & Audit Committee Meeting
LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 Room 206
Agenda 37 items
- 1. Call General Session to Order, Announce Proxies and Segment Alternates · Board Chair
- 2. Confirm Committee Membership and Leadership · --
- 2.1 Confirm Committee Membership — Discussion · Board Chair
- 2.2 Election of Committee Chair — Vote · Board Chair
- 2.3 Election of Committee Vice Chair — Vote · Board Chair
- 2.4 Designation of Committee Secretary — Vote · Chair
- 3. December 11, 2017 General Session Meeting Minutes — Vote · Chair
- 4. Charter Review and Approval · --
- 4.1 Recommendation Regarding Committee Charter — Vote · Chair
- 4.2 Review and Approval of Internal Audit Department Charter — Vote · Penny Rychetsky
- 4.3 Review and Ratification of Credit Work Group Charter — Vote · Mark Ruane
- 5. Policy Review and Approval · --
- 5.1 Recommendation Regarding Market Credit Risk Corporate Standard — Vote · Mark Ruane
- 5.2 Recommendation Regarding Financial Corporate Standard — Vote · Leslie Wiley
- 5.3 Recommendation Regarding Investment Corporate Standard — Vote · Leslie Wiley
- 5.4 Handling of Complaints Regarding Financial Matters — Discussion · Sean Taylor
- 5.5 Policy on Hiring Former Employees of the Independent Auditor — Discussion · Sean Taylor
- 5.6 Policy on Independent Auditor Selection — Discussion · Sean Taylor
- 6. Confirmation of Credit Work Group Chair and Vice Chair — Vote · Mark Ruane
- 7. Periodic Report on Credit Work Group Activity — Discussion · CWG Chair
- 8. Proposed Updates to Board of Directors Material on DAM Net Flow vs. Real-Time Load — Discussion · Kenan Ögelman
- 9. Data Center Refresh Update — Discussion · Bryan Hanley
- 10. Committee Education Plan for 2018 — Discussion · Michael Petterson
- 11. Forecast Adequacy of the Budgeted System Administration Fee — Discussion · Sean Taylor
- 12. Committee Briefs — Discussion · Staff
- 12.1 Review 2017 Financial Summary — Discussion · Sean Taylor
- 12.2 Periodic Report on Investments — Discussion · Leslie Wiley
- 12.3 Financial Institutions which are Market Participants — Discussion · Leslie Wiley
- 13. Future Agenda Items — Discussion · Michael Petterson
- 14. Other Business — Discussion · Michael Petterson
- Convene Executive Session · --
- December 11, 2017 Executive Session Meeting Minutes — Vote · Chair
- Contract, Personnel, Security, Compliance, Risk Management, Litigation and Regulatory Matters — Discussion · Staff
- Periodic Report on Internal Audit Activity — Discussion · Penny Rychetsky
- Reconvene General Session · --
- 15. Vote on Matters from Executive Session — Vote · Chair
- 16. Adjournment · Chair
Documents 23