PJM initiated this problem statement in recognition of the fact that FTR funding remains at unacceptably low levels and, given the identified drivers of low FTR funding, a redesign of the ARR and FTR processes may be warranted. The FTR/ARR Senior Task Force (FTRSTF) will evaluate causes for FTR underfunding and determine whether enhancements can be made to the current ARR and FTR processes to improve FTR funding levels.