REC Performance Assurance:
Deloitte has been appointed as REC Performance Assurance provider (RPA). In this role, Deloitte will monitor market participant and service provider performance, using dynamic risk assessments, digital technologies, and analytics to help drive market and code improvements. Deloitte will be responsible for administering the REC Party entry and exit process on behalf of the Performance Assurance Board (PAB) and will develop and implement the REC Performance Assurance Framework (PAF) to identify, assess and mitigate retail market risks, working collaboratively with the other code manager functions and other REC service providers.
Figure 5: REC Performance Assurance Service Delivery Functions