Pace Global

Pre-Audit of Fuel Plan

Clien Need
Client Need:
A utility needed an independent assessment of procurement transactions over the relevant time period to determine whether such actions were in accordance with the regulatory approved fuel plan.


Our Role
Our Role:
Pace Global reviewed the solicitations and bid evaluations for each solid fuels supplier who delivered fuel to the utility during the test period with the goal of determining whether the fuel plan guidelines were followed.  Our assessment consisted of a comprehensive review of documents provided under a series of data requests encompassing a data room, information provided as part of the agreed to audit process, and specific requests for the relevant time period.  Pace Global also had comprehensive interviews of plant and corporate personnel and visited both corporate headquarters and each of their fossil plants.  Follow up questions were also discussed with company personnel after the site visits.


Results
Results:
Results of the audit performed by the regulatory body have yet to be released.  

Pace Global