NERC Submits Compliance Filing Regarding Budget-to-Actual Variance Information

On August 14, 2017, in Docket No. FAA-21-000, NERC submitted an unaudited report of its budget-to-actual variance information for the second quarter of 2017. The compliance filing is in accordance with a January 16, 2013 Order, which approved a Settlement Agreement between the FERC Office of Enforcement and NERC, related to findings and recommendations arising out of its 2012 performance audit of NERC.  The Settlement Agreement requires NERC to file an unaudited report of its budget-to-actual spending variances within 45 days of the end of each quarter.