Service Description: Settlement Administration Agent (SAA)

This is the Service Description for the SAA appointed by BSCCo to provide a settlement service in connection with the BSC.

The purpose of this Service Description is to describe the responsibilities and obligations of the SAA for the calculation of and provision of reports to the FAA, BSCCo and BSC Trading Parties detailing monies owed and owing as a result of BM actions and the settlement of imbalances.

The responsibilities and obligations of the SAA under this Service Description are collectively referred to as ‘the SAA Service’. The Service Description describes the interfaces between the SAA, and the BSC Trading Party and other BSC Agents. It also implements the relevant provisions as outlined below of Section T (Settlement and Trading Charges) of the Balancing and Settlement Code.