A client group asked us to develop the parameters for negotiating an incentive contract with a pipeline. Our analysis explained the different types of incentive arrangements and provided a basis for them to negotiate a deal successfully.

We have also advised clients where we thought that an arrangement of the CPI-X form would be disadvantageous to them.

In another case, the utility proposed a set of benchmarks for evaluating performance. We provided a more comprehensive set of benchmarks, which the regulator accepted as the basis for tracking utility performance over time.