Training Video on PARMS, Peer Comparison and Supplier Charges

This training video explains the Performance Assurance Reporting and Monitoring System (PARMS) submissions, timescales, monitoring requirements (the ‘Serials’) and the performance measures (the ‘Standards’).

Kathryn Gay, Settlement Operations Analyst also details Peer Comparison, Supplier Charges, the PARMS Serials they relate to, liquidated damages, what a ‘genuine pre-estimate loss’ means along with  Supplier Charge Caps.

Video published: 2016
Video length: 01 min, 40 sec

Transcription for this video

Hi my name is Kat and today we’re going to be talking about BUSRRs, PARMS and Supplier Charges and we’re going to touch on Peer Comparison.

All of these techniques lie within the Performance Assurance Framework. PARMS and BUSRRs sit within the corrective technique of performance monitoring. Supplier Charges and Peer Comparison sit within the corrective techniques.

The reason being they’re incentives to perform well.

The monitoring of your performance ensures that the data transferred between agents and suppliers is done so in a timely and efficient manner.

As part of the performance monitoring technique we use PARMS. PARMS itself is the performance assurance and reporting monitoring system.

Supplier Agents produce reports which are fed into PARMS to show how quickly and efficiently they’re sending me the technical details and reads between themselves and the suppliers PARMS then collects all of this information and issues five distinct sets of reporting.

It creates auto-generated PARMS reports, peer comparison reports, supplier agent statistics, the SRR and dashboards (or settlement risk report and dashboards) and from these we calculate supplier charges for under-performance.

When we talk about PARMS in the following modules we’re actually going to be referring to the PARMS serials which agents submit on behalf of suppliers. These serials report on timeliness, missing and the quality of data flows transmitted between agents and suppliers.

Video published: 2016
Video length: 01 min, 34 sec

• For the PARMS submission training video transcript please contact [email protected]

Video published: 2016
Video length: 1 min, 57 sec

• For the How to construct your DPI file training video transcript please contact [email protected]

Video published: 2016
Video length: 1 min, 28 sec

• For the PARMS outputs training video transcript please contact [email protected]

Video published: 2016
Video length: 1 min, 30 sec

• For the What you get from PARMS and what reporting looks like training video transcript please contact [email protected]

Video published: 2016
Video length: 1 min, 53 sec

• For the PARMS Serials training video transcript please contact [email protected]

Video published: 2016
Video length: 1 min, 19 sec

• For the PARMS Serials reporting on timeliness training video transcript please contact [email protected]

Video published: 2016
Video length: 1 min, 27 sec

• For the PARMS Serials on Quality training video transcript please contact [email protected]

Video published: 2016
Video length: 30 min, 06 sec

• For the BUSRRs, PARMS and Supplier Charges training video transcript please contact [email protected]

• PARMS, BUSRRs & Supplier Charges training video PowerPoint slides

• PARMS Guidance

When is data submitted?

PARMS data provided by Supplier and Supplier Agents is sent to [email protected] within 20 Working Days (WDs) of the end of each month (known as a Reporting Period (RP)). Suppliers receive automated reports confirming what data has been submitted by Supplier Agents acting on their behalf. We process this information and extract it for our monitoring processes. Suppliers and Supplier Agents receive confirmation emails each time a submission is made.  On the 25WD (5WDs after the submission deadline), Suppliers then receive a Consolidated Report detailing all the data submitted against them for that Reporting Period.

Suppliers that don’t provide a complete set of performance data either themselves or via their Supplier Agents by the 20 WD deadline will incur a charge under the Supplier Charges technique.

What are the performance measures?

Performance requirements are defined within PARMS Serials. A Serial is a defined area or process for performance measurement and the Standards are the required performance levels within the process.

Who’s involved in Performance Monitoring and Reporting?

What sort of Peer Comparison do we provide?

There are two types of Peer Comparison: Public Peer Comparison and Non-Public Peer Comparison. The Performance Assurance Board (PAB) approves the PARMS Serials that are published in the Peer Comparison reports.

The Public Peer Comparison reports are calculated monthly and show comparative performance at a Grid Supply Point (GSP) Group level by Supplier ID. Before they are published, the Public Peer Comparison data is circulated to all authorised Peer Comparison contacts for review and is then published on this section.

Suppliers can challenge the data if there is a discrepancy with the data submitted into PARMS.

The Non-Public Peer Comparison reports are calculated quarterly and show comparative performance of Suppliers at a Grid Supply Point (GSP) Group level by Supplier ID. These are taken to the PAB for authorization each quarter and then sent to authorised Peer Comparison contacts.

If the PAB introduces or withdraws a Performance Measure from the Peer Comparison technique, we give Suppliers two months’ notice.