The Annual Billings Review of license application work performed by USE was completed by the Commission's outside accounting firm KPMG Peat Marwick LLP. The agreed upon procedures for the auditor's billing review covers fiscal year 1996-1997 and was completed in September, 1997.
The billings review is performed pursuant to a contract between the Commission and the Major Generators of llrw from the five states in the Compact region. The review is performed solely to assist the Commission and Major Generators in evaluating USE's compliance with its contract with the Commission to perform approved prelicensing work on the project and bill for those services correctly . All billings from US Ecology (including Bechtel National, Inc. (BNI), a subcontractor of USE) to the Commission for payment, were subject to inspection during the review.
Areas reviewed included direct labor charges, fringe benefit adder rate, payments to vendors, supporting documentation for payments to subcontractors, travel charges, and other general expense charges. In some instances, minor mathematical discrepancies were found in the computations used by USE or BNI to arrive at their billing amounts. By mutual agreement, all billing errors were corrected and appropriate action was taken to properly reconcile all accounts. The review fiscal year 1997-1998 should be completed in September 1998.