Process the Settlement Query. Inform Market Within timescales Email / External Data Market Operator Operator of findings and, if applicable, reissue any specified by Market Facsimile / Provider corrected data. Operator (within 15 WD Registered Post of receipt of Settlement (notification of by the Market determination) Operator) Balancing Market Interface (revised data) If Market Operator completes the examination of Within 1 Email / Market Affected the Settlement Query within required timeline, Facsimile Operator Participant(s) inform the Raising Party and the Affected Raising Party Participant(s) of the Market Operator’s determination, including any estimate of materiality and the method of estimating that materiality, go to step 22. Otherwise, continue to step 19. Request more time (up to 10 WD) to resolve the Within 1 WD of known Email / Market Affected Settlement Query. non-completion of Facsimile Operator Participant(s) Settlement Query by Raising Party Market Operator Respond to request from Market Operator. Within 1 WD Email / Raising Party Market Operator Facsimile Notify Affected Party / External Data Provider of Within 1 WD Email / Market Affected Party/ any changes to timeline. Facsimile Operator External Data Provider Inform the Raising Party and the Affected Within timescales Email / Market Affected Participant(s) of the Market Operator’s agreed with Raising Facsimile Operator Participant(s) determination, including any estimate of High Raising Party Materiality or Low Materiality and the method used to estimate this.
Process the Settlement Query. Inform Market Operator of findings and, if applicable, reissue any corrected data. Within timescales specified by Market Operator (within 15 WD of receipt of Settlement by the Market Operator) Email / Facsimile / Registered Post (notification of determination) Balancing Market Interface (revised data) External Data Provider Market Operator If Market Operator completes the examination of the Settlement Query within required timeline, inform the Raising Party and the Affected Participant(s) of the Market Operator’s determination, including any estimate of materiality and the method of estimating that materiality, go to step 22. Otherwise, continue to step 19. Within 1 Email / Facsimile Market Operator Affected Participant(s) Raising Party Request more time (up to 10 WD) to resolve the Settlement Query. Within 1 WD of known non-completion of Settlement Query by Market Operator Email / Facsimile Market Operator Affected Participant(s) Raising Party Respond to request from Market Operator. Within 1 WD Email / Facsimile Raising Party Market Operator Notify Affected Party / External Data Provider of any changes to timeline. Within 1 WD Email / Facsimile Market Operator Affected Party/ External Data Provider Inform the Raising Party and the Affected Participant(s) of the Market Operator’s determination, including any estimate of High Materiality or Low Materiality and the method used to estimate this. Within timescales agreed with Raising Email / Facsimile Market Operator Affected Participant(s) Raising Party
Part-B-Agreed-Procedure-13-Settlement-Queries.docx