1. North American Numbering Council Billing & Collection Working Group May 16, 2006 Co-Chairs: Rosemary Emmer, Sprint Nextel Jim Castagna, Verizon

2. 2006/07 NANP Budget & Contribution Factor Update: May 1 filing specified 0.00021 instead of the anticipated factor of 0.00020 due to two unanticipated vendor payments of approximately $245,000 to the PA per the contract terms. Welch and the vendor will exchange billing information at the time a request is made from the vendor to the FCC going forward to avoid future unanticipated disbursements.

3. 2006/07 Budget The FCC announced on May 9, 2006 that because the PA contract expires in June 2006 and the follow-on contract is anticipated for award in September 2006, the Commission is expected to announce a bridge contract before the June expiration. The BCWG recommends that Welch and Co be notified if the terms of the bridge contract substantially fluctuate from the budgeted monthly expenditures.

4. Future Meetings Tuesday, May 30, 1 pm ET (BCWG only) Tuesday July 11, 11 am ET (1 hr Pre-NANC call with Welch) Standing Meetings: Week Prior to NANC Meeting with Welch and Co.