The theft arrangement is currently set out in the Supply Point Administration Agreement (SPAA) and the Distribution Connection and Use of Systems Agreement (DCUSA). These arrangements will migrate to the REC as part of Retail Code Consolidation. During this transitional period, we will continue to work with Electralink, the SPAA and DCUSA administrator, to ensure that there is a smooth transfer of responsibilities and to keep stakeholders informed of any changes that affect them. In particular, we collaborated to produce a webinar explaining the changes to the arrangements, which is available to download here. We will also continue to produce joint updates until the transition is complete. In order to inform our approach to the Theft Reduction Strategy, we will shortly commission a robust methodology for quantifying the scale and nature of the issue. As noted by Ofgem in its consultation on REC v1.1, the Impact Assessment on which many industry estimates of the extent of energy theft are now several years old. We consider that a robust methodology upon which stakeholders can agree, will help inform our thinking, both on whether the efforts we are making to mitigate energy theft are proportionate and subsequently, whether they are having any effect. We are confident that the energy theft-tip off service currently operated by Crimestoppers is delivering value for money, insofar as the monetary value of the instances of theft identified through the scheme outweigh the cost of its operation. RECCo will take over responsibility for the contract management of that service from 1 April 2021, and further to discussion with the Theft Steering Group, we will not be looking to make any substantive changes other than to increase the marketing budget, to raise public awareness of the scheme and it is hoped, further improve its efficacy. The current contract for the Theft Risk Assessment Service (TRAS) will also expire at the end of the current financial year. However, rather than immediately procure a like-for-like data analytics services, we will conduct a review of stakeholder requirements, including any lessons learnt from the operation of the TRAS, and identify all available options. In some cases, we would expect these options to be complementary and reinforce the efficacy of wider elements of the theft strategy. For instance, we will also examine whether the current theft detection incentive schemes are fulfilling their objectives, or whether they could be developed in such a way that they are better targeted and/or help to reinforce other aspects of the theft strategy. .