Cost Recovery Liaison Committee – Purpose and Mandate
In conjunction with the administration of its cost recovery process, the Canada Energy Regulator (CER) has established a Cost Recovery Liaison Committee (Committee or CRLC).
The purpose of the CRLC is to:
- provide a forum for industry to have a thorough understanding of the CER’s costs;
- provide a forum to raise issues or concerns relating to cost recovery processes and methods; and
- discuss the National Energy Board Cost Recovery Regulations (Regulations).
Mandate of the CRLC
Cost recovery processes are governed by the Regulations and decisions on cost recovery matters are made by the CER in accordance with the Regulations and CER’s mandate under the Canadian Energy Regulator Act.
The CRLC has no decision making authority. It may consider, discuss and recommend on cost recovery matters and is intended to provide a forum for representatives from regulated companies to receive information about the cost recovery processes.
Roles and Responsibilities
On an annual basis, the CER communicates the following to the CRLC:
- the CER audited financial statements for review and discussion;
- information regarding current and future (next 3 years) cost estimates; and
- Departmental Plan for the upcoming fiscal year.
Chairperson and Membership
Chairperson: The Chief Financial Officer or the Deputy Chief Financial Officer at the CER.
Appointed by the CER to oversee the Committee’s secretarial functions and maintain a current list of all Committee members.
Representatives from any regulated company are eligible to participate in the CRLC meetings and/or receive information provided to the CRLC members. In addition, a representative from the industry associations representing regulated companies are invited to attend the CRLC meetings.
CRLC Meeting Logistics
- The CRLC generally holds meetings twice a year as follows:
- Fall: to review the next year’s cost recovery estimates; and
- Spring: to discuss any Federal Government budget funding impacts to the CER.
- Additional meetings may be called by the CER if the need arises.
- Meeting invite will be sent at least two weeks in advance of the meeting to facilitate maximum representation.
- Final meeting agenda and meeting materials will be issued and distributed prior to the meeting.
- Draft minutes or records of decisions will be prepared and distributed by the CER to the Committee members after each Committee meeting. Members will respond with comments within a month of receiving the draft minutes or records of decision.
- Meetings will be convened at the CER offices in Calgary. Teleconference or virtual meeting capabilities will be provided for Committee members who plan to participate in meetings remotely.
Chief Financial Officer
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