Acknowledgement of Construction Designation. Within ninety (90) days of receiving notification from PJM pursuant to Section 1.6 of the Regional Transmission Expansion Planning Protocol, that the PJM Board has approved a Regional Transmission Expansion Plan designating a Party to construct and own or finance specified enhancements or expansions applicable to the PJM Region, such Party shall provide to PJM and the Administrative Committee: (1) an acknowledgement of such designation or the reasons why the Party disagrees with such designation or any aspect thereof, and (2) a proposed preliminary schedule for such enhancements or expansions.