Exhibit 99.268
A COMPARISON OF THE SCHEDCO AND APX FOR MARKETING USE
Services, Systems and Perot Systems APX (Externally, we can call
Qualifications this category (other service
providers)
- ------------------------------------------------------------------------------------------------------------------------------
Scheduling DA, HA, Ancillary Services, Supplemental DA, HA, Ancillary Services,
Energy, ETC/FTR, Bilateral, Inter-SC Adjustment Supplemental Energy,
Bids ETC/FTR(?), Bilateral
Settlement ?
Billing All PX participants (over 70 in CA alone) Few participants
Dispute Tracking Fully functional Never mentioned
Trading Bilateral trading
ISO System Interface Automated data communication of all ISO ?
schedule and settlement data.
Settlement and Billing data Web based Web based
access
ISO Public Market Information Provided ?
Handling of ISO charges No sharing between SCs Uplift spread over
participants
Service Schedule 7 by 24 Capable of 7 by 24
operation, not sure offered
in California
IT Team Experience Provided IT support to CalPX that handled 80% 5% of California market?
of California electric energy market.
Developed a majority of improvement
applications in PX trading and settlement
systems. Made all PX system changes to
accommodate ISO market and system changes.
Runs a Program Office applying proven project
management technologies. IT project success
(on schedule, under budget) rate close to 95%
Business Team Experience Involved in the design, implementation and ?
operation of ISO and PX from day one.
Intimately familiar with energy market and
utility financing and operation. Team experts
published widely on major market issues.
Handled 80% of California energy
market.
Operation Team Experience Handled 80% of California spot market ?
and long term contract market
(yearly, quarterly and month). Conducted Web
based real-time energy auction for the
Alberta Balancing Power Pool
Company Financial Strength See Annual Report. See Annual Report
Interface with Participant Web based, initially file based. Web based GUI Web based, limited GUI
Systems available by April 1, 2001
System Plat Forms NT, MS SQL databases NT, MS SQL databases
Participant System Requirements PC compatible workstations running PC compatible workstations
Windows 85, 98, 2000 and NT running Windows 85, 98 and NT
Data transmission security SSL, 128 bit encryption SSL, 128 bid encryption
Pricing Volumetric and/or subscription Volumetric
Clearing and Credit Management Not offered in California so as to insulate Offered to certain extent.
participants from the current credit crisis Can lead to similar failures
as the PX has experienced
with large participants
default. Large California
utilities will have
difficulty to trade with
credit self-management
participants due to the
utilities current credit
standings
Fee Lower than APX's (we will match any Higher
competitors?)