HomeRulebook HomeBalancing and Settlement CodeBSCBSC Section Z Performance Assurance
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CONTENTS

  • SECTION Z: PERFORMANCE ASSURANCE
    • 1 INTRODUCTION
      • 1.1 General
      • 1.2 Performance Assurance Board
      • 1.3 Indemnity
      • 1.4 Powers and Functions of the Performance Assurance Board
      • 1.5 Delegation
      • 1.6 Responsibilities owed to Trading Parties alone
      • 1.7 Relationship between the Performance Assurance Board and Performance Assurance Parties
    • 2 PROCEEDINGS OF THE PERFORMANCE ASSURANCE BOARD
      • 2.1 Panel Committee
      • 2.2 Modification of Proceedings in relation to Qualification
      • 2.3 Duties of Members
    • 3 PERFORMANCE ASSURANCE ADMINISTRATOR
      • 3.1 Functions of Performance Assurance Administrator
      • 3.2 Confidentiality
    • 4 LIABILITY OF PERFORMANCE ASSURANCE BOARD AND PERFORMANCE ASSURANCE ADMINISTRATOR
      • 4.1 Limit and Exclusion of Liability
      • 4.2 Further Provisions
    • 5 PERFORMANCE ASSURANCE PROCEDURES
      • 5.1 Settlement Risks, Performance Assurance Parties, SVA Performance Assurance Objectives and Annual Performance Assurance Timetable
      • 5.2 Annual Performance Assurance Timetable
      • 5.3 Performance Assurance Techniques
      • 5.4 Risk Evaluation Methodology
      • 5.5 Risk Evaluation Register
      • 5.6 Risk Operating Plan
      • 5.7 Risk Management Determination
    • 6 RISK MANAGEMENT DETERMINATION QUERIES AND RISK MANAGEMENT DETERMINATION APPEALS
      • 6.1 Interpretation
      • 6.2 Risk Management Determination Query
      • 6.3 Risk Management Determination Appeal
      • 6.4 General Provisions applying to Risk Management Determination Queries and Risk Management Determination Appeals
    • 7 PERFORMANCE ASSURANCE TECHNIQUES
      • 7.1 Administering and Implementation of Performance Assurance Techniques
      • 7.2 Publication of Certain Data
    • 8 FURTHER FUNCTIONS AND DUTIES
      • 8.1 Annual Performance Assurance Report
      • 8.2 Recommendations
      • 8.3 Not Used
      • 8.4 Not Used
    • AMENDMENT RECORD – SECTION Z

BSC Section Z: Performance Assurance V16.0

Effective From Date:26/02/2026
Status:LIVE
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