[CCWG-ACCT] PTI Funding to cover ICANN crisis

[Jordan Carter]

hi all, hi Alan

First question - is this a CCWG issue or a CWG one?

Some other questions...

What would happen to these funds where the PTI's performance meant that the
IANA functions were given to another entity?

Would they become a windfall to the PTI? Or would they move by contract or
some other instrument to the new IANA Functions Operator?


intrigued,

Jordan




On 3 June 2015 at 17:19, Alan Greenberg <alan.greenberg at mcgill.ca> wrote:

> As discussed during today's meeting, I would like to formally suggest that
> the CCWG propose that Upon the creation of PTI, ICANN will provide the
> equivalent of three years funding to PTI (both operational and R%D), and
> that PTI should hold these funds in escrow to cover any future situation
> where ICANN is not in a position to adequately find approved PTI budgets
> (the wording will clearly need to be refined). Furthermore, the amount
> provided by ICANN and held in escrow should be adjusted annually based on
> the then-current budget levels.
>
> There may need to be some adjustment of this to cover interest earned on
> the escrow funds, but I suspect there are standard business terms that
> cover this sort of thing.
>
> Alan
>
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Jordan Carter

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*InternetNZ*

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