MKE’s Independent Engineering experience ranges from Waterpower to Co-generation to Long-Term Care Facilities. MKE and its staff have completed Independent Engineering reviews for over 75 facilities for a variety of financial transactions and regulatory agencies.
Independent Engineering Due Diligence Reviews for Financing, Acquisitions, and Sales:
MKE provides Independent Engineering reviews for a variety of financial transactions on behalf of Lenders, Agents, Income Fund Managers, Infrastructure Ontario, Private Firms, etc.
Review scope may include:
- Design layout review
- Energy production and revenue forecasting
- Audit of status of environmental and other permitting and approvals
- Project cost estimate reviews
- Construction and project contingency reviews and recommendations
- Reserve fund analyses – major maintenance, and energy/hydrology reserves
- Technical review of key commercial contracts
- Operating budget review
- Construction Audits and associated financial Draw Certificates
- Annual operation audits
- Preparation of Memorandum of Offering for sale of Facility
Independent Engineering for Government and Regulatory Agencies:
MKE also provides Independent Engineering services to fulfill government and regulatory agency requirements with respect to contracts, proposals, licences and approvals such as:
- Ontario’s Independent Electricity System Operator (IESO) – various requirements
- British Columbia’s Ministry of Forests, Lands & Natural Resource Operations (FLNRO) – Conditional Water Licence
Review and assessment scopes may include:
- Review of Engineering Design and Specifications
- Review of Design Basis Report
- Review of Construction Environment Monitoring Plans
- Audit Construction and commissioning progress
- Report on compliance with regulatory approvals and commitments
- Report on compliance with contracts and/or proposal requirements and commitments
