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. 70-9055 : 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 35-26735 dated June 27, 1997, it is
required that PSO file semi-annual reports providing the following information
with respect to the activities related to its investment in SCIENTECH, Inc.
(SCIENTECH): 1) a description of the types of services performed by SCIENTECH
during the period; 2) a description of any services provided to CSW or PSO or
any other CSW subsidiary by SCIENTECH 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 equity interests in SCIENTECH; and 4) a statement regarding the
purchase by PSO of any additional Option Shares of SCIENTECH.
This report covers the semi-annual period ending December 31, 1997.
1) DESCRIPTION OF THE TYPES OF SERVICES PERFORMED BY SCIENTECH DURING
THE PERIOD
SCIENTECH provided services, systems and instruments, which describe,
regulate, monitor and enhance the safety and reliability of plant
operations and their environmental impact. Nearly 40% of SCIENTECH's
utility services business involves analysis and evaluation of
operations, safety, and risk using proprietary technologies.
Approximately 20% of SCIENTECH's utility services business is
associated with engineering and operational support activities
involving nuclear materials and facilities, design and installation
of microwave transmission systems, and training and simulator
instruction for nuclear power plants. Approximately 10% of
SCIENTECH's utility services business involves the design and
installation of enhanced physical security systems. Additionally, 10%
of SCIENTECH's utility services business involves the support
services related to environmental compliance and clean-up.
Information management and other network services account for 15% of
SCIENTECH's utility business, the remaining 5% involves software
sales, including software to support power plant operations.
Under contracts with the U.S. Department of Energy relating to the
nuclear industry, SCIENTECH provides government agency services to
the U.S. Department of Defense and the Nuclear Regulatory Commission.
SCIENTECH's government agency services business principally involves
the design and installation of enhanced physical security systems and
work requiring skills in safety analysis and assessment, knowledge of
secure handling of nuclear materials, technical review, technical
policymaking and technical policy implementation.
Additionally, SCIENTECH applies some of its expertise to applications
outside of government and utility operations. SCIENTECH has sold
environmental services to mining operations, internet services to
non-utilities, and risk and reliability services to the industrial
sector.
2) DESCRIPTION OF ANY SERVICES PROVIDED TO CSW OR PSO OR ANY OTHER CSW
SUBSIDIARY BY SCIENTECH DURING THE PERIOD
SCIENTECH provided risk and reliability database subscription
services to the South Texas Project (STP), a nuclear generating plant
owned in part by Central Power and Light Company, a subsidiary of
CSW. In addition, SCIENTECH has an agreement with STP to provide
database maintenance services.
3) STATEMENT OF ANY DIVIDENDS OR INTEREST PAID TO PSO, BOTH FOR THE PERIOD AND
CUMULATIVELY, AS A RESULT OF ITS EQUITY INTERESTS IN SCIENTECH
No interest or dividends were paid to PSO during the period nor
cumulatively. However, PSO had equity earnings of $271,419 in 1997.
4) STATEMENT REGARDING THE PURCHASE BY PSO OF ANY ADDITIONAL OPTION SHARES OF
SCIENTECH
There have been no additional Option Shares purchased by PSO.
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 27th day of February 1998.
Public Service Company
of Oklahoma
/S/ R. RUSSELL DAVIS
R. Russell Davis
Controller and Chief
Accounting Officer
