Type: Standard Rule Change Process
Submitter: System Management
Title: Least cost determination of ancillary service contracts
Market Rules Affected: Clauses 3.11.8E (new), 6.17.6
Date Submitted: 12 December 2008
Date First Published on the IMO Website: 18 December 2008
Date Final Report Published: 12 May 2009
Current Status: The amending rules commenced at 8:00am 01 June 2009
| Event | Date | Comments |
|---|---|---|
| Notification Published | 18/12/2008 | |
| First Submission period | 18/12/2008 – 5/02/2009 | The submission period is 6 weeks from the date the IMO published the notification |
| Draft Report published | 12/03/2009 | Must be published within 20 B-Days after the end of the submission period |
| Second submission period | 13/03/2009 – 09/04/2009 | The submission period is 20 B-Days from the date the IMO published the Draft Report |
| Final Report Published | 12/05/2009 | Must be published within 20 B-Days after the end of the second submission period |
| Rule Commencement | 01/06/2009 |
Submissions received during the first submission period
Submissions received during the second submission period
Least Cost Determination of Ancillary Services Workshop
Notice under Clause 2.5.12
20 February 2009
In accordance with clause 2.5.10 of the Market Rules, the IMO has extended the timeframe to prepare the Draft Rule Change Report for the Rule Change Proposal titled " Lead cost determination of ancillary service contracts " (Ref: RC_2008_38). Publication of the Draft Rule Change Report is extended until Wednesday 12 March 2008. As a consequence of this extension, the remaining timelines for processing the proposal have been adjusted as follows:
- Second Submission Period ends 9 April 2009
- Final Report Published 12 May 2009
Reason for the extension
Given the issues identified during the first submission period, the IMO has decided that it will be beneficial to conduct a public workshop prior to preparing the Draft Rule Change Report. The objective of this workshop would be to review the issues raised from submissions.
Views from Rule Participants consulted on the extension
When deciding to extend the submission period, the IMO consulted with System Management who did not express any objections to the IMO regarding the proposed extension of the first submission period.
Proposed Work Programme
- Workshop held to discuss the issues highlighted in submissions along with any other related concerns
- The IMO collates and summarises the discussions
- The IMO presents the outcomes in the Draft Rule Change Report
