Common use of Urgent Action Clause in Contracts

Urgent Action. Under certain conditions, the SC may designate a proposed Standard or revision to a Standard as requiring urgent action. Urgent action may be appropriate when a delay in implementing a proposed Standard or revision could materially impact reliability of the BPS. The SC must use its judgment carefully to ensure an urgent action is truly necessary and not simply an expedient way to change or implement a Standard. A requester prepares a SAR and a draft of the proposed Standard and submits both to the SPM. The SAR must include a justification for urgent action. The SPM submits the request to the SC for its consideration. If the SC designates the requested Standard or revision as an urgent action item, then the SPM shall immediately post the draft for pre- ballot review. This posting requires a minimum 30-day posting period before the ballot and applies the same voting procedure as detailed in Step 5. Processing will continue as outlined in the subsequent steps. In the event additional drafting is required, a SDT will be assembled as outlined in the Procedure. Any Standard approved as an urgent action shall have a termination date specified that shall not exceed one year from the approval date. Should there be a need to make the Standard permanent, then the Standard would be required to go through the full Standard development process. All urgent action Standards require ReliabilityFirst Board, NERC and FERC approval, as outlined for Standards in the regular process. Urgent actions that expire may be renewed using the urgent action process again, in the event a permanent Standard is not adopted. In determining whether to authorize an urgent action Standard for a renewal ballot, the SC shall consider the impact of the Standard on the reliability of the BPS and whether expeditious progress is being made toward a permanent replacement Standard. The SC shall not authorize a renewal ballot if there is insufficient progress toward adopting a permanent replacement Standard or if the SC lacks confidence that a reasonable completion date is achievable. The intent is to ensure that an urgent action Standard does not in effect take on a degree of permanence due to the lack of an expeditious effort to develop a permanent replacement Standard. With these principles, there is no predetermined limit on the number of times an urgent action may be renewed. However, each urgent action Standard renewal shall be effective only upon approval by the ReliabilityFirst Board, NERC and FERC. Any person or entity, including the SDT working on a permanent replacement Standard, may at any time submit a SAR proposing that an urgent action Standard become a permanent Standard by following the full Standards process.

Urgent Action. Under certain conditions, the SC RSC may designate a proposed Regional Standard or revision to a Standard standard as requiring urgent action. Urgent action may be appropriate when a delay in implementing a proposed Standard standard or revision could materially impact reliability of the BPS. The SC RSC must use its judgment carefully to ensure an urgent action is truly necessary and not simply an expedient way to change or implement a Regional Standard. A requester prepares An originator shall prepare a SAR and a draft of the proposed Standard standard and submits both submit to the SPMRSM. The SAR standard request must include a justification for urgent action. The SPM RSM submits the request to the SC RSC for its consideration. If the SC RSC designates the requested Standard standard or revision as an urgent action item, then the SPM RSM shall immediately post the draft for pre- pre-ballot review. This posting requires a minimum 30-day posting period before the ballot and applies the same voting procedure as detailed in Step 5. Processing will continue as outlined in the subsequent steps. In the event additional drafting is required, a SDT will be assembled as outlined in the Procedure6. Any Regional Standard approved as an urgent action shall have a termination date specified that shall not exceed one year from the approval date. Should there be a need to make the Standard permanent, then standard permanent the Standard standard would be required to go through the full Regional Standard development processDevelopment Process. All urgent action Standards standards require ReliabilityFirst BoardTexas RE BOD, NERC NERC, and FERC approval, as outlined for Standards standards in the regular process. Urgent actions that expire may be renewed using the urgent action process again, in the event a permanent Standard standard is not adopted. In determining whether to authorize an urgent action Standard standard for a renewal ballot, the SC RSC shall consider the impact of the Standard standard on the reliability of the BPS and whether expeditious progress is being made toward a permanent replacement Standardstandard. The SC RSC shall not authorize a renewal ballot if there is insufficient progress toward adopting a permanent replacement Standard standard or if the SC RSC lacks confidence that a reasonable completion date is achievable. The intent is to ensure that an urgent action Standard standard does not in effect take on a degree of permanence due to the lack of an expeditious effort to develop a permanent replacement Standardstandard. With these principles, there is no predetermined limit on the number of times an urgent action may be renewed. However, each urgent action Standard standard renewal shall be effective only upon approval by the ReliabilityFirst BoardTexas RE BOD, NERC and FERCapproval by applicable governmental authorities. Any person or entity, including the SDT drafting team working on a permanent replacement Standardstandard, may at any time submit a SAR standard request proposing that an urgent action Standard standard become a permanent Standard standard by following the full standards process. Texas Reliability Entity Standards process.Development Process

Urgent Action. Under certain conditions, the SC RSC may designate a proposed Regional Standard or revision to a Standard standard as requiring urgent action. Urgent action may be appropriate when a delay in implementing a proposed Standard standard or revision could materially impact reliability of the BPS. The SC RSC must use its judgment carefully to ensure an urgent action is truly necessary and not simply an expedient way to change or implement a Regional Standard. A requester prepares An originator shall prepare a SAR and a draft of the proposed Standard standard and submits both submit to the SPMRSM. The SAR standard request must include a justification for urgent action. The SPM RSM submits the request to the SC RSC for its consideration. If the SC RSC designates the requested Standard standard or revision as an urgent action item, then the SPM RSM shall immediately post the draft for pre- pre-ballot review. This posting requires a minimum 30-day posting period before the ballot and applies the same voting procedure as detailed in Step 5. Processing will continue as outlined in the subsequent steps. In the event additional drafting is required, a SDT will be assembled as outlined in the Procedure6. Any Regional Standard approved as an urgent action shall have a termination date specified that shall not exceed one year from the approval date. Should there be a need to make the Standard permanent, then standard permanent the Standard standard would be required to go through the full Regional Standard development processDevelopment Process. All urgent action Standards standards require ReliabilityFirst BoardTexas RE BOD, NERC NERC, and FERC approval, as outlined for Standards standards in the regular process. Urgent actions that expire may be renewed using the urgent action process again, in the event a permanent Standard standard is not adopted. In determining whether to authorize an urgent action Standard standard for a renewal ballot, the SC RSC shall consider the impact of the Standard standard on the reliability of the BPS and whether expeditious progress is being made toward a permanent replacement Standardstandard. The SC RSC shall not authorize a renewal ballot if there is insufficient progress toward adopting a permanent replacement Standard standard or if the SC RSC lacks confidence that a reasonable completion date is achievable. The intent is to ensure that an urgent action Standard standard does not in effect take on a degree of permanence due to the lack of an expeditious effort to develop a permanent replacement Standardstandard. With these principles, there is no predetermined limit on the number of times an urgent action may be renewed. However, each urgent action Standard standard renewal shall be effective only upon approval by the ReliabilityFirst BoardTexas RE BOD, NERC and FERCapproval by applicable governmental authorities. Any person or entity, including the SDT drafting team working on a permanent replacement Standardstandard, may at any time submit a SAR standard request proposing that an urgent action Standard standard become a permanent Standard standard by following the full Standards standards process.

Urgent Action. Under certain conditions, the SC RSC may designate a proposed ERCOT-Specific Reliability Standard or revision to a Standard standard as requiring urgent action. Urgent action may be appropriate when a delay in implementing a proposed Standard standard or revision could materially impact reliability of the BPSbulk power systems. The SC RSC must use its judgment carefully to ensure an urgent action is truly necessary and not simply an expedient way to change or implement a Standard. A requester prepares a SAR and a draft of the proposed Standard standard and submits both to the SPMReliability Standards Manager. The SAR standard request must include a justification for urgent action. The SPM Reliability Standards Manager submits the request to the SC RSC for its consideration. If the SC RSC designates the requested Standard standard or revision as an urgent action item, then the SPM Reliability Standards Manager shall immediately post the draft for pre- pre-ballot review. This posting requires a minimum 30-day posting period before the ballot and applies the same voting procedure as detailed in Step 5. Processing will continue as outlined in the subsequent steps. In the event additional drafting is required, a SDT will be assembled as outlined in the Procedure6. Any ERCOT-Specific Reliability Standard approved as an urgent action shall have a termination date specified that shall not exceed one year from the approval date. Should there be a need to make the Standard permanent, then standard permanent the Standard standard would be required to go through the full Standard development processDevelopment Process. All urgent action Standards standards require ReliabilityFirst BoardBOD, NERC NERC, and FERC approval, as outlined for Standards standards in the regular process. Urgent actions that expire may be renewed using the urgent action process again, in the event a permanent Standard standard is not adopted. In determining whether to authorize an urgent action Standard standard for a renewal ballot, the SC RSC shall consider the impact of the Standard standard on the reliability of the BPS bulk power system and whether expeditious progress is being made toward a permanent replacement Standardstandard. The SC RSC shall not authorize a renewal ballot if there is insufficient progress toward adopting a permanent replacement Standard standard or if the SC RSC lacks confidence that a reasonable completion date is achievable. The intent is to ensure that an urgent action Standard standard does not in effect take on a degree of permanence due to the lack of an expeditious effort to develop a permanent replacement Standardstandard. With these principles, there is no predetermined limit on the number of times an urgent action may be renewed. However, each urgent action Standard standard renewal shall be effective only upon approval by the ReliabilityFirst BoardERCOT BOD, NERC and FERCapproval by applicable governmental authorities. Any person or entity, including the SDT drafting team working on a permanent replacement Standardstandard, may at any time submit a SAR standard request proposing that an urgent action Standard standard become a permanent Standard standard by following the full Standards standards process.