Further to the recent issue of the “PARMS – The Way Forward” consultation document on 15th September, we wish to formally raise an Issue to enable industry participants to meet, review and debate the available options to progress the PARMS implementation collectively to ensure that any solution implemented is robust. We firmly believe that with the escalating costs and the further delay to the catch up of Supplier Charges, affected industry participants should agree the most appropriate course of action.
We would recommend that an initial meeting is convened with the focus of the Issue Group to include, but not be restricted to:
- An overview of the current issues and materiality of the PARMS errors; and
- A review of the available options, including their associated development costs and benefits.