Audit Issue Action Plans Checklist Who is this guide for? If you are a BSC Party or Party Agent that has received an Audit Issue with either a Medium or Higher rating, you will be asked to submit an Error and Failure Resolution (EFR) plan. This guide will help you prepare your EFR plan. What is EFR? EFR is a Performance Assurance Technique which helps ensure that, where Settlement Risks are detected, adequate plans are put in place to address them. For more information please refer to our guidance Key timescales You need to send your EFR in and amend them as set out below (all are also contained within ). Action Timescale Who? 1 ELEXON informs you which of your The notification will be ELEXON - The EFR team will Audit Issues require an EFR action sent by ELEXON once the usually send the email to you plan to be submitted within 20 Auditor has confirmed the and copy your OSM in the Working Days. ratings for each audit correspondence. issue it has identified. 2 Upon receiving the notification, 20 WD Audited organisation you should send ELEXON a plan to address the error or failure. 3 ELEXON then reviews the plan and 20 WD ELEXON – Your OSM will be the either; baselines the plan if we are main point of contact regarding satisfied with it or; provide this comments on the plan explaining where changes or further considerations are needed. If ELEXON returns comments, the updated plan is required within 10 WD (in accordance with . 4 You should update the plan to 10 WD Audited organisation address ELEXON comments. 5 Step 3 and 4 have to be completed See steps 3 and 4 again until a plan is baselined.
Audit Issue Action Plans Checklist Who is this guide for? If you are a BSC Party or Party Agent that has received an Audit Issue with either a Medium or Higher rating, you will be asked to submit an Error and Failure Resolution (EFR) plan. This guide will help you prepare your EFR plan. What is EFR? EFR is a Performance Assurance Technique which helps ensure that, where Settlement Risks are detected, adequate plans are put in place to address them. For more information please refer to our guidance Key timescales You need to send your EFR in and amend them as set out below (all are also contained within ). Action Timescale Who? 1 ELEXON informs you which of your Audit Issues require an EFR action plan to be submitted within 20 Working Days. The notification will be sent by ELEXON once the Auditor has confirmed the ratings for each audit issue it has identified. ELEXON - The EFR team will usually send the email to you and copy your OSM in the correspondence. 2 Upon receiving the notification, you should send ELEXON a plan to address the error or failure. 20 WD Audited organisation 3 ELEXON then reviews the plan and either; baselines the plan if we are satisfied with it or; provide comments on the plan explaining where changes or further considerations are needed. If ELEXON returns comments, the updated plan is required within 10 WD (in accordance with . 20 WD ELEXON – Your OSM will be the main point of contact regarding this 4 You should update the plan to address ELEXON comments. 10 WD Audited organisation 5 Step 3 and 4 have to be completed again until a plan is baselined. See steps 3 and 4
Audit_Issue_Action_Plans_Checklist_v2.0.docx