SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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In the Matter of :
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PUBLIC SERVICE COMPANY OF OKLAHOMA : CERTIFICATE
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CENTRAL AND SOUTH WEST CORPORATION : OF
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File No. 70-8711 : NOTIFICATION
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(Public Utility Holding Company Act of 1935) :
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This report is filed under Rule 24 of the Public Utility Holding Company
Act of 1935 by Public Service Company of Oklahoma (PSO) a subsidiary of Central
and South West Corporation (CSW). Under HCAR 35-26445 dated December 29, 1995,
it is required that PSO file semi-annual reports providing the following
information with respect to the activities related to its investment in RIKA
Management Company, L.L.C., Universal Power Products, L.L.C., Automated
Substation Development Company, L.L.C., and RC Training, L.L.C. (collectively
referred to as the RIKA Companies): 1) a description of all products and
services that were developed, in the process of development or being considered
for development by the RIKA Companies during the period, 2) a description of any
software or ancillary services provided to PSO by the RIKA Companies during the
period, 3) a statement of any dividends or interest paid to PSO, both for the
period and cumulatively, as a result of its debt and equity holdings in the RIKA
Companies, and 4) a statement regarding the nature and consequences of any event
of default under the development agreement occurring during the period,
including any resulting change in the voting interests held by PSO in any of the
RIKA Companies and any exercise of control by PSO over the management and
affairs of any of the RIKA Companies. This report covers the period January 1,
1997 through June 30, 1997.
1) Description of all products and services that were developed, in the process
of development or being considered for development by the RIKA Companies
- The RIKA Companies continue to develop new testing modules
associated with "Ultra-test", its WindowsTM version relay
testing software, released in September 1996.
- The RIKA Companies are Beta testing its substation
automation package. Currently, the RIKA Companies are
testing at CSW and at a non-affiliated third party site. The
substation package is designed to provide remote low cost
monitoring to small distribution substations.
- The RIKA Companies have completed the development of an
advanced relay testing training school which began bimonthly
operations in May 1997.
- The RIKA Companies are in the process of developing a
software database that can be used to integrate the multiple
substation/relay maintenance and testing software programs
available on the market. The product should be completed
before the end of the third quarter of 1997. The RIKA
Companies have begun marketing this product to several of
its existing customers.
2) Description of any software or ancillary services provided to PSO by the RIKA
Companies
- CSW is in the process of purchasing the Ultra-test relay
testing package for each of its four electric operating
companies, including PSO. The purchase and installation of
the testing package should be completed during the third
quarter of 1997.
- PSO is currently Beta testing the substation automation
package at one of its substations. Test results should be
available sometime during the third quarter of 1997. If the
test results are successful, CSW could potentially purchase
several of these packages for installation in its small
remote substations. The RIKA Companies' substation
automation package has better capabilities at a lower price
than other similar systems CSW evaluated.
3) Statement of any dividends or interest paid to PSO, both for the period and
cumulatively
- Because of the delay in the release of the current version
of Ultra-test, PSO agreed that the RIKA Companies should
conserve its current cash reserves. As a result, PSO's
current semi-annual interest payment was postponed. None of
the provisions of the agreement were modified nor were any
other considerations given as a result of this decision. The
amount of the interest payment deferred was $45,874 with a
cumulative amount of $91,748 postponed thus far. During
1996, PSO received one interest payment from the RIKA
Companies in the amount of $45,874.
- The RIKA Companies paid no dividends to PSO during the
reporting period.
4) Statement regarding the nature and consequences of any event of default under
the Development Agreement
No events of default occurred during the reporting period.
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S I G N A T U R E
As requested by order of this Commission pursuant to the Public Utility
Holding Company Act of 1935, Public Service Company of Oklahoma has duly caused
this report to be signed on its behalf on this 21th day of August 1997.
Public Service Company of Oklahoma
/s/ R. Russell Davis
R. Russell Davis
Controller and Chief
Accounting Officer
