Glossary Term: Performance Assurance Reporting and Monitoring System
The Performance Assurance Reporting and Monitoring System (PARMS) database collects and monitors data to ensure that market participants, such as suppliers and their associated agents, comply with performance standards and obligations set out in the Balancing and Settlement Code (BSC)
BSC defined definition
Means the system established inter alia for the purpose of recording and monitoring compliance by Suppliers with their obligations pursuant to the BSC Section S.
BSC documentation
- BSC Section S : Supplier Volume Allocation
- BSCP533 Appendix A PARMS Data Provider File Formats Appx A
- BSCP533 Appendix B: PARMS Calculation Guidelines
- BSCP533: PARMS Data Provision, Reporting and Publication of Peer Comparison Data