Railbelt Reliability Council. Established to implement the following functions: A. Reliability Standards. Adopt, administer, and enforce Railbelt electric system reliability standards, including cyber and physical security that: i. Recognize the current capabilities and constraints of the Railbelt Transmission System; ii. Are mandatory and enforceable minimum Railbelt wide power system planning and operating standards. These standards shall allow for local criteria that meets or exceeds these minimum standards; iii. Are technically sound standards for operations, planning, physical security and cybersecurity; iv. Include a compliance monitoring and enforcement program that is subject to the review and approval of the RCA; and v. Comply with and implement the Electric Reliability Standards agreed to by the Railbelt Utilities and submitted to the RCA on April 17, 2018, and Critical Infrastructure Protection Standards (CIP) as developed and approved by the Railbelt Utilities before RRC formation. The standards described above will serve as the RRC's "Version 1.0" reliability and CIP standards for adoption, administration, development, monitoring, and enforcement. B. Open Access and Interconnection Protocols. Develop, adopt and administer rules and protocols for the Railbelt that provides open-access, non-discriminatory interconnection requirements, and processes compliant with RCA approved reliability standards and recovery of appropriate proposed system costs as approved by the RCA. Appropriate proposed system costs shall be based on a cost recovery methodology approved in advance by the RCA and, unless otherwise agreed by a super-majority (75%) of the full IC or RRC BoD, will be limited to those costs incurred in the application of RCA approved reliability standards, supported by the IRP, or that contribute positively to Railbelt reliability.
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Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding (Mou)