❓ Question on Notice regarding Western Power's consulting fees paid to Ernst & Young in 2011-12 and 2012-13, the nature of the work contracted, and whether a value of money audit was conducted.
AnsweredQoN 692Legislative Council
QuestionView source ↗
(1) Can the Minister for Energy advise how much money was spent by Western Power on consulting fees for accounting firm Ernst and Young in: (a) 2011-12; and (b) 2012-13? (2) For the fees detailed in (1), can the Minister advise of the works contracted and the title of any final reports produced? (3) Did Western Power have a value of money audit, in which year was it done and at what cost?
AnswerView source ↗
Answered
26 February 2014
Responded by
Leader of the House representing the Minister for Energy
Response time
76 days
1. 2011/12: $1,939,892
2012/13: $3,161,911
2. Ernst & Young have been engaged by Western Power to assist with the transition to a new business model through the application of Ernst & Young's Power and Utilities Maturity Model and Architecture. The outputs of Ernst & Young's engagement are not in the form of a report.
3. No. As a regulated business Western Power's investment decisions are reviewed by the Economic Regulation Authority.
2012/13: $3,161,911
2. Ernst & Young have been engaged by Western Power to assist with the transition to a new business model through the application of Ernst & Young's Power and Utilities Maturity Model and Architecture. The outputs of Ernst & Young's engagement are not in the form of a report.
3. No. As a regulated business Western Power's investment decisions are reviewed by the Economic Regulation Authority.
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