Internal Audit, Risk, Business & Technology Consulting Few regulatory proceedings are as thorough or risk-laden as Canada’s Provincial Public Utility Commissions’ reviews of major capital utility projects. Companies performing the construction can be on the hook for hundreds of millions of dollars if a commission deems their project expenditures imprudent. Interveners, on behalf of utilities commissions and the ratepayers, aggressively analyze every aspect of project execution and costs. To address this risk, one electricity transmission company sought expert help from Protiviti to prepare for a looming regulatory proceeding in which it needed to defend billions of dollars of capital project expenditures. The ensuing collaboration with Protiviti ultimately helped the company limit

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