1 

 UNITED STATES DISTRICT COURT 

DISTRICT OF PUERTO RICO 

-------------------------------------------------------------x 

In re: PROMESA 

 Title III 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO No. 17 BK 3283-LTS 

 

as representative of Re:

 

THE COMMONWEALTH OF PUERTO (Jointly Administered) 

RICO, et al., 

-------------------------------------------------------------x 

In re: PROMESA 

 Title III 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO 

 

as representative of Case No. 17 BK 04780 (LTS) 

 

PUERTO RICO ELECTRIC POWER 

AUTHORITY (“PREPA”) This filing relates only to PREPA 

and shall only be filed in the lead 

Case No. 17 BK 04780 (LTS).

Debtor.1

 

 

THIRTEENTH INTERIM FEE APPLICATION OF ANKURA CONSULTING 

GROUP, LLC FOR COMPENSATION FOR SERVICES RENDERED AND 

REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISORS TO PUERTO RICO 

ELECTRIC POWER AUTHORITY (“PREPA”) FOR THE PERIOD 

JUNE 1, 2021 THROUGH SEPTEMBER 30, 2021 

Name of Applicant: Ankura Consulting Group, LLC (“Ankura”) 

Authorized to Provide 

Professional Services to: Debtor 

Period for which compensation 

and reimbursement is sought June 1, 2021 through September 30, 2021 

 

1 The last four (4) digits of PREPA’s federal tax identification number is 3747. 

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Amount of compensation sought

as actual, reasonable and necessary: $ 2,021,473.70 

Amount of expense reimbursement 

sought as actual, reasonable and 

necessary: $ 0.00 

This is a: _____ monthly X interim _____ final application. 

This is Ankura’s Thirteenth Interim Fee Application in this case. 

Summary of Fees by Month 

Compensation Period Fees Expenses 

Total Fees and 

Expenses

Puerto 

Rico Tax

 Amount Paid 

to Ankura 

 Total 

Outstanding 

7/2/17 - 7/31/17 669,256.00 $ 37,319.16 $ 706,575.16 $ (10,038.84) (651,698.61) $ 44,837.71 $ 

8/1/17 - 8/31/17 1,057,769.50 75,653.84 1,133,423.34 (15,866.54) (1,101,674.67) 15,882.13 

9/1/17 - 9/30/17 533,227.00 16,330.57 549,557.57 (7,998.41) (534,136.78) 7,422.38 

Agreed Upon Adjustment - Fee Examiner1 (35,983.64) (35,983.64) 539.75 (35,443.89) 

Agreed Upon Adjustment - PREPA1 (32,698.33) (32,698.33) (32,698.33) 

First Interim Fee Period 2,224,268.86 $ 96,605.24 $ 2,320,874.10 $ (33,364.04) $ (2,287,510.06) $ 0.00 $ 

10/1/17 - 10/31/17 666,854.50 $ 12,115.98 $ 678,970.48 $ (10,002.82) (544,016.34) $ 124,951.32 $ 

11/1/17 - 11/30/17 877,225.50 36,498.89 913,724.39 (13,158.38) (893,486.34) 7,079.67 

12/1/17 - 12/31/17 962,407.00 47,336.43 1,009,743.43 (14,436.11) (988,139.38) 7,167.94 

1/1/18 - 1/31/18 968,796.50 57,733.61 1,026,530.11 (14,531.95) (1,000,780.20) 11,217.96 

Agreed Upon Adjustment - Fee Examiner2 (8,775.41) (121,020.75) (129,796.16) 1,815.31 (127,980.85) 

Agreed Upon Adjustment - PREPA2 (22,436.04) (22,436.04) (22,436.04) 

Second Interim Fee Period 3,354,262.75 $ 122,473.46 $ 3,476,736.21 $ (50,313.95) $ (3,426,422.26) $ 0.00 $ 

2/1/18 - 2/28/18 930,474.50 $ 58,342.96 $ 988,817.46 $ (13,957.12) $ (962,145.05) $ 12,715.29 $ 

3/1/18 - 3/31/18 835,394.00 80,263.09 915,657.09 (12,530.91) (876,229.21) 26,896.97 

4/1/18 - 4/30/18 781,842.50 66,926.89 848,769.39 (11,727.63) (752,364.33) 84,677.43 

5/1/18 - 5/31/18 778,121.00 56,106.17 834,227.17 (11,671.81) (812,549.15) 10,006.21 

Agreed Upon Adjustment - Fee Examiner2 (20,590.46) (87,086.72) (107,677.18) 1,306.30 20,590.46 (85,780.42) 

Agreed Upon Adjustment - PREPA2 (27,925.02) (27,925.02) (27,925.02) 

Third Interim Fee Period 3,238,745.28 $ 213,123.63 $ 3,451,868.91 $ (48,581.17) $ (3,382,697.28) $ 20,590.46 $ 

6/1/18 - 6/30/18 808,113.00 $ 81,918.99 $ 890,031.99 $ (12,121.70) $ (861,106.53) $ 16,803.76 $ 

7/1/18 - 7/31/18 593,030.00 40,416.94 633,446.94 (8,895.45) (619,644.07) 4,907.42 

8/1/18 - 8/31/18 810,895.50 54,246.46 865,141.96 (12,163.43) (846,860.20) 6,118.33 

9/1/18 - 9/30/18 567,554.50 40,013.88 607,568.38 (8,513.32) (595,779.82) 3,275.24 

Agreed Upon Adjustment - PREPA3 (31,104.75) (31,104.75) 53.51 (31,104.75) 

Fourth Interim Fee Period 2,779,593.00 $ 185,491.52 $ 2,965,084.52 $ (41,693.90) $ (2,923,337.11) $ 0.00 $ 

10/1/18 - 10/31/18 877,648.00 $ 62,363.11 $ 940,011.11 $ (13,164.72) $ (813,994.07) $ 112,852.32 $ 

11/1/18 - 11/30/18 766,286.50 63,164.57 829,451.07 (11,494.30) (717,231.34) 100,725.43 

12/1/18 - 12/31/18 689,745.50 44,758.34 734,503.84 (10,346.18) (708,761.07) 15,396.59 

1/1/19 - 1/31/19 747,256.50 58,616.64 805,873.14 (11,208.85) (696,791.45) 97,872.84 

Fifth Interim Fee Period 3,080,936.50 $ 228,902.66 $ 3,309,839.16 $ (46,214.05) $ (2,936,777.93) $ 326,847.18 $ 

2/1/19 - 2/28/19 648,993.50 $ 63,186.31 $ 712,179.81 $ (9,734.90) $ (612,248.22) $ 90,196.69 $ 

3/1/19 - 3/31/19 734,481.50 63,197.40 797,678.90 (11,017.22) (690,801.74) 95,859.94 

4/1/19 - 4/30/19 724,612.50 71,669.51 796,282.01 (10,869.19) (690,596.68) 94,816.14 

5/1/19 - 5/31/19 782,096.00 78,943.16 861,039.16 (11,731.44) (710,290.60) 139,017.12 

Sixth Interim Fee Period 2,890,183.50 $ 276,996.38 $ 3,167,179.88 $ (43,352.75) $ (2,703,937.24) $ 419,889.89 $ 

6/1/19 - 6/30/19 719,577.00 $ 63,069.00 $ 782,646.00 $ (10,793.66) $ (657,444.96) $ 114,407.38 $ 

7/1/19 - 7/31/19 779,484.00 48,950.75 828,434.75 (11,692.26) (655,842.87) 160,899.62 

8/1/19 - 8/31/19 758,983.50 66,065.93 825,049.43 (11,384.75) (672,016.56) 141,648.12 

9/1/19 - 9/30/19 520,305.00 52,003.85 572,308.85 (7,804.58) (442,476.77) 122,027.50 

Seventh Interim Fee Period 2,778,349.50 $ 230,089.53 $ 3,008,439.03 $ (41,675.25) $ (2,427,781.16) $ 538,982.62 $ 

Adjustment for ERM Billing Methodology 4 20,663.08 (75,666.00) (55,002.92) 1,134.99 (53,867.93) 

Seventh Interim Fee Period, Adjusted 2,702,683.50 $ 250,752.61 $ 2,953,436.11 $ (40,540.26) $ (2,427,781.16) $ 485,114.69 $ 

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UNITED STATES DISTRICT COURT 

DISTRICT OF PUERTO RICO 

-------------------------------------------------------------x 

In re: PROMESA 

 Title III 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO No. 17 BK 3283-LTS 

 

as representative of Re: 

 

THE COMMONWEALTH OF PUERTO (Jointly Administered) 

RICO, et al., 

-------------------------------------------------------------x 

In re: PROMESA 

 Title III 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO 

 

as representative of Case No. 17 BK 04780 (LTS) 

 

PUERTO RICO ELECTRIC POWER 

AUTHORITY (“PREPA”) This filing relates only to PREPA 

and shall only be filed in the lead 

Case No. 17 BK 04780 (LTS).

Debtor. 1 

 

THIRTEENTH INTERIM FEE APPLICATION OF ANKURA CONSULTING 

GROUP, LLC FOR COMPENSATION FOR SERVICES RENDERED AND 

REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISORS TO PUERTO RICO 

ELECTRIC POWER AUTHORITY (“PREPA”) FOR THE PERIOD 

JUNE 1, 2021 THROUGH SEPTEMBER 30, 2021 

The Thirteenth Interim Fee Application (“Application”) for Compensation 

and Reimbursement of Expenses includes the period June 1, 2021 through September 30, 

2021 (“the Thirteenth Interim Fee Period”) of Ankura Consulting Group, LLC (“Ankura” or 

“Applicant”), financial advisor to the Puerto Rico Electric Power Authority (“PREPA”), 

1 The last four (4) digits of PREPA’s federal tax identification number is 3747. 

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collectively the “Debtor”,respectfully represents as follows: 

Introduction 

1. By this Application, Ankura seeks allowance of compensation for professional 

services rendered as financial advisor to the Debtor for the Thirteenth Interim Fee Period in the 

amount of $2,021,473.70. In support of this Application, the Applicant represents as follows. 

2. The United States District Court for the District of Puerto Rico (the “Court”) has 

subject matter jurisdiction over this matter pursuant to PROMESA section 306(a). 

3. Venue is proper pursuant to PROMESA section 307(a). 

4. The statutory bases for the relief requested herein are PROMESA section 317 and 

Bankruptcy Code section 105(a), made applicable in the Title III Case pursuant to PROMESA 

section 301(a). 

Background 

5. On June 30, 2016, the Oversight Board was established under PROMESA section 

101(b). On August 31, 2016, President Obama appointed the Oversight Board’s seven voting 

members. 

6. Pursuant to PROMESA section 315, “[t]he Oversight Board in a case under this 

title is the representative of the Debtor” and “may take any action necessary on behalf of the 

Debtor to prosecute the case of the Debtor, including filing a petition under section 304 of 

[PROMESA] . . . or otherwise generally submitting filings in relation to the case with the 

Court.” 

7. On September 30, 2016, the Oversight Board designated PREPA as a “covered 

territorial instrumentality” under PROMESA section 101(d). 

8. On June 29, 2017, the Oversight Board issued a restructuring certification pursuant 

to PROMESA sections 104(j) and 206. On July 2, 2017 (the “Petition Date”), the Oversight 

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Board filed a voluntary petition for relief for PREPA pursuant to section 304(a) of PROMESA, 

commencing a case under title III thereof (the “Title III Case”). 

9. Background information regarding PREPA and the commencement of this Title III 

Case is contained in the Notice of Statement of Oversight Board Regarding PREPA’s Title III 

Case [ECF No. 2]. 

Applicant’s Interim Compensation 

10. For the convenience of this Court and all parties-in-interest, the following exhibits 

are attached hereto: 

i. Exhibit A – Certification of Paul Crisalli, Jr.; 

ii. Exhibit B – Summary of Hours and Fees by Task Code in the Thirteenth 

Interim Fee Period; 

iii. Exhibit C – Summary of Hours and Fees by Professional in the Thirteenth 

Interim Fee Period; 

iv. Exhibit D – Summary of Expenses by Category in the Thirteenth Interim Fee 

Period; 

v. Exhibit E – Monthly Fee Statement of Ankura for Compensation for Services 

and Reimbursement of Expenses as Financial Advisor to the Debtor, for the 

Period June 1, 2021 through June 30, 2021; 

vi. Exhibit F – Monthly Fee Statement of Ankura for Compensation for Services 

and Reimbursement of Expenses as Financial Advisor to the Debtor, for the 

Period July 1, 2021 through July 31, 2021; 

vii. Exhibit G – Monthly Fee Statement of Ankura for Compensation for Services 

and Reimbursement of Expenses as Financial Advisor to the Debtor, for the 

Period August 1, 2021 through August 31, 2021; and, 

viii. Exhibit H – Monthly Fee Statement of Ankura for Compensation for Services 

and Reimbursement of Expenses as Financial Advisor to the Debtor, for the 

Period September 1, 2021 through September 30, 2021. 

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11. The Applicant did not incur any travel-related time during this interim period given 

the COVID travel and meeting restrictions. The Applicant chose to exclude certain time (and 

professional fees) totaling more than $28,000.00 in this fee period that it believes is not 

compensable and will not be included in this or any future interim or final Fee Application. 

12. Consistent with the professional services agreement, as amended, by and between 

the Applicant and PREPA, and the guidance provided by the Court and the fee examiner, the 

Applicant has elected to institute certain restrictions with respect to out-of-pocket expenses. 

As a result of the Applicant not incurring any expenses during this interim period, the 

Applicant seeks no reimbursement of expenses during the Thirteenth Interim Fee Period. 

13. There is no agreement or understanding between the Applicant and any other 

person for the sharing of compensation to be received for services rendered in these Title III 

Cases. 

Summary of Services 

14. During the Thirteenth Interim Fee Period, the novel coronavirus, COVID-19, 

continued to impact the United States including Puerto Rico. Beginning in mid-March 2020, 

restrictions involving travel to and from Puerto Rico were imposed and remote work orders to 

substitute on-site work at the Debtor’s offices were instituted. Since then, restrictions have 

changed and evolved, with increasing flexibility allowing for authorized on-site work at 

Debtor’s office if/as necessary. The Applicant continued implementing policies for 

professionals to work remotely and/or policies consistent with local and state government 

guidelines and client requests. The Applicant has continued to work closely with Debtor and 

other Debtor advisors, albeit remotely, utilizing teleconference technologies to perform work, 

meet deadlines and client deliverables in an effective and efficient manner. 

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15. To provide an orderly and meaningful summary of the services requested of, and 

rendered by, the Applicant during the Thirteenth Interim Fee Period, the Applicant established, 

in accordance with the guidelines and its internal billing procedures, separate task codes. The 

following is a summary of the most significant services provided by the Applicant during the 

Thirteenth Interim Fee Period. Detailed time descriptions of the Applicant’s professionals are 

included in each of the monthly fee statements attached hereto as Exhibits E, F, G and H. 

Fiscal Plan and Operational Related Matters – 1,773.2 Hours; $964,102.20 Fees. 

During the Thirteenth Interim Fee Period, the Applicant continued working with the 

Debtor and the Financial Oversight & Management Board for Puerto Rico (“FOMB”) to 

implement directives and report on progress related to the “FY 2021 Fiscal Plan and 

Budget”2

, which was certified on June 29, 2020, to meet a schedule established by the 

FOMB under Section 201 of PROMESA and reporting requirements set forth in the 

FY2021 Fiscal Plan and Budget. 

FY 2021 Fiscal Plan and Budget 

The work associated with the reporting and implementation of the FY 2021 Fiscal Plan 

and Budget was conducted at the request of PREPA’s Board of Directors, Executive 

Director, the PREPA Project Management Office (“PMO”) leader, and/or the PREPA 

CFO, as well as the result of demands from, and negotiations with, the FOMB and the 

Puerto Rico Fiscal Agency and Financial Advisory Authority (“AAFAF”), the Debtor’s 

fiscal agent. 

The Applicant expended significant time during the Thirteenth Interim Fee Period related 

to supporting implementation and reporting on the FY 2021 Fiscal Plan and Budget that 

included, but was not limited to, the following: 

i) meeting with, as well as discussing and responding to due diligence inquiries 

and information requests from, the Debtor, the FOMB and other parties-ininterest; 

ii) meeting with the Debtor, as well as the FOMB, to gather information and track 

progress on implementation of operational and performance improvement 

initiatives, including over 30 projects categorized under 8 initiative groupings; 

iii) reviewing, assessing and updating projected operational and financial impacts 

of external legal and regulatory changes to inform the Debtor’s business 

planning; 

iv) revising and incorporating actual results into certain short- and long-term 

2

 For the avoidance of doubt the defined term “FY 2021 Fiscal Plan and Budget” used herein is consistent with 

PREPA nomenclature for the fiscal year ending June 30, 2021. However, the FOMB refers to this fiscal plan as the 

“2020 Fiscal Plan for the Puerto Rico Electric Power Authority.” Additionally, references to work conducted with 

PREPA/Debtor, the FOMB, AAFAF, P3A and Luma include their respective advisors. 

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financial models and projections for revenues and expenses of the Debtor, 

including customer rate forecasts and financial statement projections; 

v) tracking and analyzing the Debtor’s cash and accounting information, including 

federal funding sources, to inform and improve consistency and robustness of 

short- and long-term financial projections; 

vi) analysis of the Debtor’s liabilities to inform and support discussions with and 

responses to AAFAF and the FOMB; 

vii) assisting the Debtor and the FOMB in tracking performance against the 

Debtor’s FY 2021 Budget, including fuel and non-fuel operating expenses and 

necessary maintenance expenses; 

viii) assisting the Debtor, the FOMB and AAFAF in assessing pension reform 

initiatives pursuant to the FY 2021 Fiscal Plan and Budget; 

ix) managing and leading the preparation and submission of Monthly Fiscal Plan 

and Budget Initiatives (“Monthly FPI Reports”) on each of the FY 2021 Fiscal 

Plan and Budget initiatives and projects to the FOMB3

; 

x) leading meetings, work sessions and conference calls to prepare and submit 

responses to inquiries received from the FOMB related to the Monthly FPI 

Reports; 

xi) assisting the Debtor with the implementation and/or revisions to the FY 2021 

Fiscal Plan and Budget initiatives and monthly reporting on the associated 

savings; and, 

xii) performing other tasks as requested by the Debtor, the FOMB, AAFAF or other 

parties-in-interest. 

FY 2022 Fiscal Plan and Budget 

During the Thirteenth Interim Fee Period the Applicant also assisted the Debtor with the 

development of its fiscal and transformation plan, as well as its operations and 

maintenance budgets for the fiscal year that begins July 1, 2021 and ends June 30, 2022 

(the “FY 2022 Fiscal Plan and Budget”).4

 The FY 2022 Fiscal Plan was being prepared to 

meet a schedule established (and revised periodically as needed) by the FOMB under 

Section 201 of PROMESA. The development plan and schedule laid out time for a 

collaborative draft development and revision process that incorporated input from key 

stakeholders including Luma Energy LLC (“Luma”). The final FY 2022 Fiscal Plan was 

certified by the FOMB on May 27, 2021. The FY2022 Budget was certified by FOMB on 

3 The FY 2021 Fiscal Plan initiatives are: AES and Renewables Agreements renegotiation; San Juan Conversion, 

San Juan Repairs, Costa Sur Remediation and Plant Maintenance Program; Diesel and Bunker Fuel Supply 

Contracts and Fuel Supply Infrastructure Projects; Damaged Meter Replacement, CILT, E-Billing and Online 

Payment Utilization, Theft Reduction and Outsourced Call Center Utilization; Technical Loss Study, Vegetation 

Management, Streetlight Repairs and Transmission Constraints Projects (Line 50800); Overtime Reduction, HR 

Procedures Modernization, Employee Injury Rate Reporting, Pension Plan Reform and Medical Benefit Reform; 

AR/AP Cash Flow Reporting, Real Estate Optimization, Collections Improvement and Bad Debt Reduction; and 

Legacy Generation P3, Procurement Modernization, Enterprise Project and Portfolio Management, Vehicle Fleet 

Management, and Front-End Transition Reporting. Most of the initiatives include multiple projects. 

4

 For the avoidance of doubt the defined term “FY 2022 Fiscal Plan and Budget” used herein is consistent with 

PREPA nomenclature for the fiscal year ending June 30, 2022. However, the FOMB refers to this fiscal plan as the 

“2021 Fiscal Plan for the Puerto Rico Electric Power Authority.” 

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May 31, 2021, and thereafter revised to correct and adjust certain accounts, and certified 

in its final revised form on July 1, 2021. 

The work associated with the preparation and development of the FY 2022 Fiscal Plan 

and Budget was conducted at the request of PREPA’s Board of Directors, Executive 

Director, the PREPA PMO leader, and/or the PREPA CFO, as well as the result of 

demands from and negotiations with the FOMB and its advisors, and AAFAF. 

The Applicant expended significant time during the Thirteenth Interim Fee Period related 

to the preparation and development of the FY 2022 Fiscal Plan and Budget that included, 

but was not limited to, the following: 

i) preparing analyses and other materials, including draft chapters with supporting 

financial projections, revisions, amendments and updates thereto, in support of 

each chapter requested by the FOMB; 

ii) meeting with, as well as discussing and responding to due diligence inquiries 

and information requests from, representatives of the Debtor, Luma, the FOMB 

and other parties-in-interest; 

iii) meeting with representatives of the Debtor, as well as the FOMB, to develop 

and document operational and performance improvement initiatives for PREPA 

across four initiative groupings; 

iv) meeting with Luma to appropriately document and discuss operational and 

performance improvement initiatives in the FY 2022 Fiscal Plan and Budget; 

v) reviewing, assessing and updating projected operational and financial impacts 

of external legal and regulatory changes to inform the Debtor’s business 

planning; 

vi) developing certain short- and long-term financial models and projections for 

revenues and expenses of the Debtor, including customer rate forecasts and 

financial statement projections; 

vii) tracking and analyzing Debtor cash and accounting information, including 

federal funding sources, to inform and improve consistency and robustness of 

short- and long-term financial projections; 

viii) developing and maintaining information on Debtor liabilities; 

ix) assisting the Debtor and the FOMB developing the Debtor’s FY 2022 Budget 

for relevant remaining functions, primarily Generation operations and 

maintenance, and preparing for and presenting the budgets to the Puerto Rico 

Energy Bureau; and, 

x) performing other tasks as requested by the Debtor, the FOMB, AAFAF or other 

parties-in-interest. 

Transmission & Distribution (“T&D”) and Generation Transformation Transactions

The Applicant included in this category time related to the continuing work in support of 

the privatization of the operation and maintenance of the Debtor’s electric T&D 

infrastructure as required by the FOMB under PREPA’s fiscal plans (the “T&D 

Transaction”) and the transition work from PREPA to Luma. During this Thirteenth 

Interim Fee Period, Luma formally took over the operation and maintenance of Debtor’s 

electric T&D system on June 1, 2021, known as Service Commencement Date under the 

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T&D Operation & Maintenance Agreement (“T&D O&M Agreement”). 

Additionally, the Applicant provided services to the Debtor to assist with the ongoing 

procurement process to privatize the operation and maintenance of PREPA’s legacy 

generation fleet (the “Generation Transaction”). The T&D Transaction and the 

Generation Transaction are generally referred to herein as the “Transformation 

Transactions.”

As mentioned in prior fee applications, the T&D Transaction included entering into the 

T&D O&M Agreement with Luma. The work performed by the Applicant during the 

Thirteenth Interim Fee Period contributed to the advancement and completion of the 

front-end transition stipulated under the T&D O&M Agreement. 

Similarly, the contemplated Generation Transaction will potentially include entering into 

O&M Agreement(s) for the operation and maintenance of PREPA’s generation fleet 

assets. As stated in prior fee applications, RFQs were originally issued in August 2020 

that led to the Puerto Rico Public-Private Partnership Authority (“P3A”) announcing the 

shortlisting of eight highly qualified proponents. Shortly thereafter, in November 2020, 

the P3A opened access to a transaction virtual data room that includes comprehensive 

data and documentation to assist them with their preparation of responses to the Request 

for Proposal (“RFP”). 

During the Thirteenth Interim Fee Period, the P3A procurement process for the 

Generation Transaction continued advancing. During the first half of 2021, additional 

due diligence materials were prepared and provided to bidders, including virtual site tours 

that were prepared with support from the Applicant. In March 2021, the qualified bidders 

were provided with an initial draft of the Generation O&M Agreement for comment and 

consideration, and a revised draft of the Generation O&M Agreement was released for 

further comment on July 24, 2021. The Q&A period with the bidders ended in December 

2021. 

Pursuant to the terms of the T&D O&M Agreement, the P3A, PREPA, and Luma began 

developing and negotiating a required supplemental agreement among the parties called 

the GridCo-GenCo Operating Agreement (“GGOA”). The GGOA seeks to clarify and 

define the roles, responsibilities, and procedures of the parties on matters related to 

budget development, funding, and operating procedures, among others. During the 

Thirteenth Interim Fee Period, the Applicant supported the Debtor and its legal counsel in 

developing the commercial terms and structural elements of the agreement, in addition to 

overall and general comments and suggested revisions, as well as matters pertaining to 

PREPA’s corporate reorganization. 

Time incurred by the Applicant related to the Transformation Transactions in the 

Thirteenth Interim Fee Period include, but was not limited to: 

i) providing strategic guidance, leadership and execution support to the Debtor 

with respect to the Transformation Transactions; 

ii) reviewing and analyzing the drafts of the procurement documentation for the 

Generation Transaction, including RFP addendum materials and revised draft 

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O&M Agreements, to advise the Debtor on all key requirements as a party to 

the contracts to be awarded; 

iii) meetings with Debtor management and advisors to discuss due diligence 

materials related to the Generation Transaction; 

iv) coordinating and preparing analyses needed for the Generation Transaction RFP 

due diligence process and/or required for completion of the T&D Transaction 

front-end transition period including T&D O&M agreement account funding 

requirements for service commencement; 

v) coordinating with Debtor management in preparing responses to T&D 

Transaction front-end transition due diligence requests from Luma regarding 

various financial and operational matters, including reporting cadences and 

obligations; 

vi) continuing to analyze potential federal funding developments and potential 

impacts on the Transformation Transactions overall, as well as the Debtor’s 

liquidity needs; 

vii) participating on periodic conference calls and in meetings to address matters 

related to the anticipated federal funds to become available for the T&D system 

reconstruction and for legacy generation assets; 

viii) assisting with account funding analysis, financial modeling and preparing other 

analyses related to and supporting the Transformation Transactions; 

ix) providing strategic analysis and considerations on design of commercial terms 

to legal advisory team responsible for drafting the Generation O&M 

Agreement(s), the GGOA, and other relevant RFP materials; 

x) participate in discussions with independent engineers regarding the Generation 

O&M Agreement(s) and associated due diligence materials; 

xi) assisting the Debtor and P3A on compliance with the executed T&D O&M 

Agreement requirements for the front-end transition process; 

xii) participating in meetings, working sessions and/or conference calls with the 

Debtor, the FOMB, AAFAF, Luma and the P3A to advance the Transformation 

Transactions; and, 

xiii) performing other tasks as requested by the Debtor, the FOMB, AAFAF and the 

P3A related to the Transformation Transactions. 

SWAP Portfolio Analysis 

During the Thirteenth Interim Fee Period the Applicant also advised the Debtor on issues 

related to SWAP valuations related to the Debtor’s FY 2019 audit. Services in this 

category include, but are not limited to, the following: 

i) participating on calls with the PREPA and Luma management; 

ii) developing, reviewing and updating SWAP valuation models and supporting 

analyses; 

iii) reviewing SWAP agreements and other relevant documents; 

iv) performing market and credit research; and, 

v) developing, reviewing and issuing reports and other client deliverables. 

The Applicant’s services regarding these Fiscal Plan and Operational Related Matters 

were requested by the Debtor and the time incurred to undertake, continue and/or 

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complete all such work was reasonable and essential to the management of, compliance 

with, and reporting on, the broad spectrum of budgeting, operational related, 

transformation and privatization, liability restructuring and reform and other associated 

matters, as well as to address and resolve problems, issues and/or concerns related thereto 

with the multiple stakeholders and stakeholder groups. 

Liquidity Related Matters – 573.3 Hours; $386,662.50 Fees. 

The Applicant included in this workstream time related to assisting the Debtor to 

effectively monitor, manage and report on the Debtor’s cash flow and liquidity position 

including, but not limited to, cash flow forecasting, FEMA funding and insurance 

proceeds related to emergency work performed after hurricanes Irma and Maria as well 

as damages caused by a major earthquake that struck the island of Puerto Rico in early 

January 2020. 

Cash Flow Forecasting 

The Applicant continued to incur time working directly with PREPA’s Chief Financial 

Officer, Treasurer, other Debtor personnel in Finance, Treasury and PMO as well as other 

key stakeholders in this regard. Services in this category include, but are not limited to, 

the following: 

i) preparing cash flow budgets and weekly forecasts; 

ii) preparing analyses and updating various cash flow and liquidity monitoring 

and reporting tools; 

iii) developing weekly actual versus budget variance reports; 

iv) assessing liquidity optimization opportunities; 

v) supporting responses to due diligence inquiries, information requests and 

reporting to creditors, the FOMB, AAFAF and other stakeholders in 

conjunction with periodic mediation-related conference calls; 

vi) preparing for and participating in cash flow and liquidity-related conference 

calls with the Debtor, Luma and other parties-in-interest; and, 

vii) enhanced reporting and analysis regarding the cash flow and liquidity impact 

COVID-19 continues to have on PREPA. 

FEMA Funding 

The Applicant also continued to incur time during the Thirteenth Interim Fee Period 

related to the monitoring and reporting of FEMA funding. This work, and the requisite 

time incurred by the Applicant included, but was not limited, to the following: 

i) providing project management assistance and supporting analyses for the 

Debtor related to the reimbursement of funds associated with project 

worksheets related to emergency restoration work and repairs; 

ii) maintaining and updating tracking reports related to emergency restorationrelated funds for use by Debtor management, the FOMB, creditors and other 

parties-in-interest; and, 

 

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iii) engaging with the Debtor and other parties on conference calls to discuss 

public assistance programs and alternative strategies of securing funding for 

the Debtor. 

As a result of the efforts of the Applicant and other advisors, over $2.1 billion in 

emergency related funding has been obligated by FEMA since hurricanes Irma and 

Maria, and the Debtor has secured a cumulative total of approximately $1.7 billion in 

reimbursements from FEMA as of the end of the Thirteenth Interim Fee Period. 

In addition to assisting the Debtor with FEMA funding, during the Thirteenth Interim Fee 

Period the Applicant assisted the Debtor with various tasks associated with the 

development of insurance claims related to damages caused by a major earthquake that 

struck the island of Puerto Rico in early January 2020. Specifically, the Applicant 

included time associated with, but not limited to, the following: 

i) participating in weekly status meetings with PREPA and its advisors; and, 

ii) assisting with analysis related to peaking unit usage. 

The Applicant’s services regarding Liquidity Related Matters were requested by the

Debtor and the time incurred was reasonable and essential to the management and 

execution of PREPA’s various cash flow and liquidity related matters.

Title III Matters – 252.7 Hours; $90,730.50 Fees. 

During the Thirteenth Interim Fee Period the Applicant incurred time associated with 

preparing and filing monthly fee statements and quarterly fee applications in compliance 

with court orders and other guidelines. In future periods the Applicant expects to 

continue to incur time related to Title III Matters, including but not limited to: 

i) assisting the Debtor, AAFAF and the FOMB, with respect to the 

Restructuring Support Agreement (“RSA”); 

ii) supporting bankruptcy legal team with preparation for Title III hearings, 

review of documents and development of supporting financial analyses; and, 

iii) continuing to prepare and file monthly fee statements and quarterly fee 

applications in compliance with court orders and other guidelines. 

Other Matters – 987.7 Hours; $579,978.50 Fees. 

During the Thirteenth Interim Fee Period, the Applicant included time related primarily 

to the following: 

i) preparing the weekly FEMA flash report and analyses necessary to produce 

the FEMA flash report; 

ii) preparing and leading the discussion and presentation on the periodic creditor 

conference calls with Hon. Judge Barbara Houser, the FOMB, AAFAF and 

advisors; and, 

iii) performing statistical analysis related to the Debtor’s financial statements. 

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With respect to periodic creditor mediation conference calls, the Applicant has continued 

to incur time related to preparing for scheduled calls requested and led by the Hon. Judge 

Barbara Houser that includes creditor representatives, the FOMB and AAFAF. The 

Applicant has undertaken this work at the request of the Debtor. 

During the Thirteenth Interim Fee Period, the Applicant incurred time including, but not 

limited to, the following services to support the creditor mediation workstreams: 

i) leading the PREPA status-updates for the periodic mediation conference calls 

on financial, operational, transformation and regulatory developments; 

ii) preparing for periodic mediation conference calls including: due diligence 

related to various financial, operational, transformation, regulatory, fiscal 

plan, budget and COVID-19 related matters; creating financial and operational 

analyses; discussions with Debtor management and other advisors; and, 

developing call agenda and related supporting materials; 

iii) responding to creditor information requests related to financial, operational, 

transformation, regulatory, fiscal plan, budget and COVID-19 related 

developments; and, 

iv) participating in numerous interactions, including meetings (virtual) and 

conference calls, with Debtor representatives from various operational and 

management offices including PREPA Finance, PMO, Executive Director, 

Treasury, Energy Operations Center, Customer Service, Human Resources, 

and Fuels Office, as well as with advisors on regulatory developments and 

docket filings at the Puerto Rico Energy Bureau. 

With respect to the statistical analysis related to the Debtor’s financial statements, during 

the Thirteenth Interim Fee Period, the Applicant incurred time including, but not limited 

to, the following services: 

i) participating on calls with PREPA management; 

ii) developing, reviewing and updating financial models, statistical analysis and 

other supporting tasks; 

iii) reviewing legal documents, financial documents, vacation balance information 

and other relevant data sources; and, 

iv) preparing reports and other client deliverables. 

The Applicant’s services regarding these Other Matters were requested by the Debtor and the 

time incurred was reasonable and essential to the management and execution of these critical 

workstreams.

Applicant’s Requested Compensation and Expenses Should be Allowed 

16. Section 317 of PROMESA provides for interim compensation of professionals and 

incorporates the substantive standards of section 316 of PROMESA to govern the Court’s 

award of such compensation. Section 316 of PROMESA provides that a court may award a 

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professional employed by the Debtor (in the Debtor’s sole discretion) “reasonable 

compensation for actual necessary services rendered . . . and reimbursement for actual, 

necessary expenses.” Section 316 also sets forth the criteria for the award of such 

compensation and reimbursement: 

In determining the amount of reasonable compensation to be awarded to a 

professional person, the court shall consider the nature, extent, and the 

value of such services, taking into account all relevant factors, 

including— 

(a) the time spent on such services; 

(b) the rates charged for such services; 

(c) whether the services were necessary to the 

administration of, or beneficial at the time at 

which the service was rendered toward the 

completion of, a case under this chapter; 

(d) whether the services were performed within a 

reasonable amount of time commensurate with 

the complexity, importance, and nature of the 

problem, issue, or task addressed; 

(e) with respect to a professional person, whether 

the person is board certified or otherwise has 

demonstrated skill and experience in the 

restructuring field; and 

(f) whether the compensation is reasonable based on 

the customary compensation charged by 

comparably skilled practitioners in cases other 

than cases under subchapter or Title III. 

17. The Applicant respectfully submits that the amounts applied herein for professional 

services, at the time rendered, as requested by and on behalf of the Debtor in this proceeding 

are fair, necessary and reasonable given: i) the uniqueness and complexity of issues presented 

and results achieved; ii) the time and labor required; iii) the skills required to properly perform 

the advisory services; iv) the time constraints imposed by the urgency of the case; v) the 

experience, reputation and ability of the professionals rendering services; vi) the efficient 

administration of the Debtor; vii) the necessary coordination and interaction between a myriad 

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of advisors in the case, to achieve critical objectives and avoid duplicative fees; and (viii) the 

tangible advancement and progress of key strategic transformation objectives under the fiscal 

plan and PREPA policies. 

18. The time and labor expended by the Applicant has been commensurate with the 

size, complexity and timeframe in which these cases proceeded. In rendering these services, the 

Applicant made every effort to maximize the benefit to the Debtor and all parties-in-interest, to 

work effectively and efficiently with the other professionals employed in these cases and to 

leverage staff appropriately to avoid duplication of effort. 

19. As detailed above, the services the Applicant provided to the Debtor, at its request, 

have conferred substantial benefit on the Debtor and its business operations, helping advance 

multiple financial, operational and transformation initiatives, which benefits include the 

restoration of credibility with certain key stakeholders including the FOMB, creditors and federal 

stakeholders. 

20. The services provided by the Applicant to the Debtor during these proceedings have 

been wholly consistent with the Debtor’s requests and have been undertaken with specific 

direction and guidance from the Debtor. 

21. Based on the factors to be considered under sections 316 and 317 of the 

PROMESA, the Applicant submits that the services rendered during the Thirteenth Interim Fee 

Period on behalf of the Debtor were reasonable, necessary, and the allowance of the requested 

fees and reimbursement of expenses is thus justified. 

Conclusion 

22. The Applicant therefore requests an order: i) approving interim compensation in the 

sum of $2,021,473.70; ii) directing payment for all compensation for the Thirteenth Interim Fee 

Period; and iv) granting such other and further relief as may be just and proper. 

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EXHIBIT A 

CERTIFICATION OF PAUL CRISALLI, JR. 

 

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UNITED STATES DISTRICT COURT 

DISTRICT OF PUERTO RICO 

-------------------------------------------------------------x 

In re: PROMESA 

 Title III 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO No. 17 BK 3283-LTS 

 

as representative of Re:

 

THE COMMONWEALTH OF PUERTO (Jointly Administered) 

RICO, et al., 

-------------------------------------------------------------x 

In re: PROMESA 

 Title III 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO No. 17 BK 4780 (LTS) 

 

as representative of 

 

PUERTO RICO ELETRIC POWER 

AUTHORITY (“PREPA”) This filing relates only to PREPA 

and shall only be filed in the lead 

Case No. 17 BK 4780 (LTS).

 

Debtors. 12

-------------------------------------------------------------x 

CERTIFICATION OF PAUL CRISALLI, JR. IN SUPPORT OF THE THIRTEENTH 

APPLICATION OF ANKURA CONSULTING GROUP, LLC FOR ALLOWANCE OF 

COMPENSATION FOR SERVICES RENDERED AND REIMBURSEMENT OF 

EXPENSES INCURRED AS FINANCIAL ADVISORS TO PUERTO RICO ELETRIC 

POWER AUTHORITY FROM JUNE 1, 2021 THROUGH SEPTEMBER 30, 2021 

I, Paul Crisalli, Jr., have the responsibility for ensuring that the Thirteenth 

Application of Ankura Consulting Group, LLC for Allowance of Compensation for Services 

Rendered and Reimbursement of Expenses Incurred As Financial Advisors to Puerto Rico 

Electric Power Authority (“PREPA”) From June 1, 2021 through September 30, 2021 (the 

1 The last four (4) digits of PREPA’s federal tax identification number is 3747.

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“Application”) complies with applicable provisions of PROMESA, the Bankruptcy Rules, the 

Local Rules, the Interim Compensation Order, and the UST Guidelines.2

I hereby certify the following: 

1. I am a Senior Managing Director of Ankura Consulting Group, LLC (“Ankura”). 

2. I am authorized to submit this certification in support of the Application. I have 

personal knowledge of the matters set forth herein, or have otherwise received the information 

herein directly from other Ankura professionals directly involved in such matters. 

3. I have read the Application. The statements contained in the Application are true 

and correct according to the best of my knowledge, information, and belief. 

4. To the best of my knowledge, information, and belief, formed after reasonable 

inquiry, the fees and disbursements sought in the Application are permissible under 

PROMESA, the Bankruptcy Rules, the Local Rules, orders of this Court, and the UST 

Guidelines.3

 

5. The fees and disbursements sought in the Application are billed at rates Ankura 

employs and other Ankura clients accept in matters of this nature, and as specifically agreed 

to by Debtor. 

6. Ankura does not make a profit on costs or expenses for which it seeks 

reimbursement, whether the service is performed by Ankura in-house or through a third party. 

7. In accordance with Rule 2016(a) of the Bankruptcy Rules and 11 U.S.C. § 504, no 

2

 All capitalized terms have the meaning provided in the Application unless otherwise defined herein. 

3

Ankura reviewed the Memorandum submitted by the Fee Examiner and is endeavoring to comply with all 

requirements of the Interim Order and the UST Guidelines. 

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EXHIBIT B 

SUMMARY OF HOURS AND FEES BY TASK CODE IN THE THIRTEENTH INTERIM 

FEE PERIOD 

 

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Exhibit B - Summary of Hours and Fees by Task Code in the Thirteenth Interim Fee Period

 06/01/21 - 06/30/21 07/01/21 - 07/31/21 08/01/21 - 08/31/21 09/01/2

 Code Time Category Description 

 Total 

Hours Total Fees 

 Total 

Hours Total Fees 

 Total 

Hours Total Fees 

 Total 

Hours 

Fiscal Plan and Operational Related Matters

6 Asset Sales Time related to a broad spectrum of work continuing to 

support the T&D transaction and the Generation transaction.

 34,079.00 61.3 $ 51.0 28,919.00 $ 89.9 52,380.50 $ 63.2 

$ 

3 Fiscal Plan and 

Implementation

Time related to commencing, continuing or completing a broad spectrum of work specifically related to the FY 2021 Fiscal Plan and Budget and the FY 2022 Fiscal Plan and Budget.

 203,692.00 361.2 $ 230.0 126,299.50 $ 317.2 183,443.50 $ 443.6 

$ 

60 Swap Portfolio Analysis Perform SWAP valuation services related to the Debtor's 

FY 2019 audit.

 - - $ - - $ 87.2 35,066.90 $ 68.6 

$ 

Total Fiscal Plan And Operational Related Matters 422.5 237,771.00 $ 281.0 155,218.50 $ 494.3 270,890.90 $ 575.4 

$ 

Liquidity Related Matters

2 Cash and Liquidity 

Analysis

Time related to the monitoring and managing liquidity, including the preparation and maintenance of 13-week cashflow budgets and forecasts, updating the budget and/or forecast, reporting actuals versus forecast cash flows, and developing various related liquidity analyses.

 80,331.00 112.8 $ 159.4 109,313.50 $ 90.9 66,154.50 $ 103.8 

$ 

51 Cash and Liquidity 

Analysis - Public Assistance Program (Hurricanes)

Time related to the project management assistance related to the reimbursement of funds regarding the hurricanes and developing related analyses and reports.

 10,248.00 24.4 $ 2.7 976.00 $ 24.3 11,104.50 $ 49.5 

$ 

54 Cash and Liquidity 

Analysis - Public Assistance Program (Earthquakes)

Time related to earthquake peaking unit analysis and time also associated with participating in weekly status meetings with PREPA and its advisors.

 1,815.00 5.5 $ - - $ - - $ - 

$ 

Total Liquidity Related Matters 142.7 92,394.00 $ 162.1 110,289.50 $ 115.2 77,259.00 $ 153.3 

$ 

Title III Matters

25 Preparation of Fee 

Statements and Applications

Preparing and filing monthly fee statements and quarterly fee applications in compliance with court orders and other guidelines.

 17,513.50 50.1 $ 52.4 22,919.5 65.3 24,107.0 84.9 

 

Total Title III Matters 50.1 17,513.50 $ 52.4 22,919.50 $ 65.3 24,107.00 $ 84.9 

$ 

Other Matters

50 General Meetings with 

FOMB, UCC and/or Advisors

Time related to preparing for and/or participating in meetings and on conference calls with representatives of FOMB, creditors and/or other parties. Also, time incurred preparing information or analyses and/or responding to information requests.

 145,947.50 242.2 $ 214.0 124,160.0 195.3 116,326.5 177.4 

 

40 Statistical Validation FS 

Audits

Time related to financial modeling, statistical analysis, document review and developing related reports associated with PREPA's financial statements.

 - - $ - - 3.9 2,418.0 154.9 

 

Total Other Matters 242.2 145,947.50 $ 214.0 124,160.00 $ 199.2 118,744.50 $ 332.3 

$ 

Total Included in Monthly Fee Statements 857.5 493,626.00 $ 709.5 412,587.50 $ 874.0 491,001.40 $ 1,145.9 

$ 

Exhibit B 

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EXHIBIT C 

SUMMARY OF HOURS AND FEES BY PROFESSIONAL IN THE THIRTEENTH 

INTERIM FEE PERIOD 

 

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Exhibit C - Summary of Hours and Fees by Professional in the Thirteenth Interim Fee Period

 06/01/21 - 06/30/21 07/01/21 - 07/31/21 08/01/21 - 08/31/21 09

 Professional Position Billing Rate 

 Total 

Hours Total Fees 

 Total 

Hours Total Fees 

 Total 

Hours Total Fees 

 To

Ho

Crisalli, Paul Senior Managing Director 875.00 $ 131,950.00 150.8 $ 140.0 122,500.00 $ 132.5 115,937.50 $ 125

 

San Miguel, Jorge Senior Managing Director 620.00 $ 67,456.00 108.8 $ 74.1 45,942.00 $ 118.2 73,284.00 $ 148

 

Gil, Gerard Managing Director 500.00 $ 60,300.00 120.6 $ 76.4 38,200.00 $ 107.8 53,900.00 $ 100

 

Porter, Lucas Senior Director (1) 570.00 $ 95,133.00 166.9 $ 132.8 75,696.00 $ 142.3 81,111.00 $ 193

 

Nilsen, Patrick Director 545.00 $ 2,616.00 4.8 $ - - $ - - $ 

 

Keys, Jamie Senior Associate (1) 330.00 $ 42,966.00 130.2 $ 96.0 31,680.00 $ 108.5 35,805.00 $ 129

 

Marino, Nicholas Senior Associate 495.00 $ 46,975.50 94.9 $ 121.1 59,944.50 $ 92.0 45,540.00 $ 131

 

Parker, Christine Analyst 200.00 $ 4,780.00 23.9 $ 24.0 4,800.00 $ 25.6 5,120.00 $ 52

 

SUBTOTAL 452,176.50 800.9 $ 664.4 378,762.50 $ 726.9 410,697.50 $ 880

 

Enterprise Risk ManagementOther Practice GroupsCarr, Scott Senior Managing Director 615.00 $ - - $ - - $ - - $ 65

 

Smith, James Senior Managing Director 750.00 $ 40,725.00 54.3 $ 45.1 33,825.00 $ 62.3 46,725.00 $ 55

 

Sabbe, Angela Managing Director 570.00 $ - - $ - - $ - - $ 48

 

Nance, Terri Senior Director 315.00 $ 724.50 2.3 $ - - $ - - $ 

 

Bailey, Nate Director 380.00 $ - - $ - - $ - - $ 10

 

Movaghar, Veeda Associate 305.00 $ - - $ - - $ - - $ 17

 

SUBTOTAL 41,449.50 56.6 $ 45.1 33,825.00 $ 62.3 46,725.00 $ 197

 

SWAP Portfolio AnalysesU.S. ProfessionalsCiancanelli, John Senior Managing Director 665.00 $ - - $ - - $ 9.7 6,450.50 $ 6

 

Costa, Lindsey SWAP Portfolio Analysis Director 460.00 $ - - $ - - $ 32.3 14,858.00 $ 19

 

Cahill, Claire SWAP Portfolio Analysis Associate 293.00 $ - - $ - - $ - - $ 3

 

Dirlam, Josh SWAP Portfolio Analysis Associate 293.00 $ - - $ - - $ 40.3 11,807.90 $ 37

 

India ProfessionalsSingh, Abhijit SWAP Portfolio Analysis Director 185.00 $ - - $ - - $ 2.5 462.50 $ 

 

Mishra, Pavan Kumar SWAP Portfolio Analysis Senior Associate 161.00 $ - - $ - - $ - - $ 2

 

SUBTOTAL - - $ - - $ 84.8 33,578.90 $ 68

 

Total Included in Monthly Fee Statements 857.5 493,626.00 $ 709.5 412,587.50 $ 874.0 491,001.40 $ 1,145

 

Note:(1) Title reflects promotion of professional, however, hourly rate reflects rate pursuant to the original PSA.

Exhibit C 

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EXHIBIT D 

SUMMARY OF EXPENSES BY CATEGORY IN THE THIRTEENTH INTERIM FEE 

PERIOD 

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Exhibit D - Summary of Expenses by Category in the Thirteenth Interim Fee Period

 06/01/21 - 

06/30/21 

 07/01/21 - 

07/31/21 

 08/01/21 - 

08/31/21 

 09/01/21 -

09/30/21 TOTAL 

 Expense Category Billed Amount Billed Amount Billed Amount Billed Amount Billed Amount Airfare / Railway $ - - $ - $ - $ - $ 

Lodging $ - - $ - $ - $ - $ 

Meals $ - - $ - $ - $ - $ 

Transportation $ - - $ - $ - $ - $ 

Other $ - - $ - $ - $ - $ 

Total Included in Monthly Fee Statements - $ - $ - $ - $ - $ 

Exhibit D 

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EXHIBIT E 

MONTHLY FEE STATEMENT OF ANKURA FOR COMPENSATION FOR SERVICES 

AND REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISOR TO THE 

DEBTOR, FOR THE PERIOD JUNE 1, 2021 THROUGH JUNE 30, 2021 

 

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UNITED STATES DISTRICT COURT

DISTRICT OF PUERTO RICO

In re: ) PROMESA

) Title III

THE FINANCIAL OVERSIGHT AND )

MANAGEMENT BOARD FOR PUERTO RICO )

)

as representative of ) Case No. 17-04780 (LTS)

)

PUERTO RICO ELECTRIC POWER )

AUTHORITY (“PREPA”) )

)

Debtor. 1 )

)

COVER SHEET TO FORTY-EIGHTH MONTHLY FEE STATEMENT OF 

ANKURA CONSULTING GROUP, LLC FOR COMPENSATION FOR SERVICES 

RENDERED AND REIMBURSEMENT OF EXPENSES AS FINANCIAL 

ADVISORS TO PUERTO RICO ELECTRIC POWER AUTHORITY (“PREPA”) 

FOR THE PERIOD JUNE 1, 2021 THROUGH JUNE 30, 2021

Name of Applicant: Ankura Consulting Group, LLC (“Ankura”)

Authorized to Provide

Professional Services to: Debtor 

Period for which compensation

and reimbursement is sought: June 1, 2021 through June 30, 2021 

Amount of compensation sought

as actual, reasonable and necessary: $493,626.00 

Amount of expense reimbursement

sought as actual, reasonable and

necessary: 2 $0.00 

Invoice Date / Number July 30, 2021 / #PR00048 

This is a: X monthly interim final application.

This is Ankura’s forty-eighth monthly fee statement in this case.

1 The last four (4) digits of PREPA’s federal tax identification number is 3747. 2 Some expenses may not have been included in this monthly fee statement due to delays caused by accounting or 

processing. Ankura reserves the right to seek payment of such expenses in subsequent fee statements.

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1. This is the forty-eighth monthly fee statement (the “Fee Statement”) of Ankura 

Consulting Group, LLC (“Ankura”) served pursuant to the First Amended Order 

Setting Procedures for Interim Compensation and Reimbursement of Expenses of 

Professionals [Docket No. 1715] (the “Interim Compensation Order”). Ankura

seeks: (a) payment of compensation in the amount of $444,263.40 (90% of

$493,626.00 of fees on account of reasonable and necessary professional services 

rendered to the Debtor by Ankura) and (b) reimbursement of actual and necessary 

costs and expenses in the amount of $0.00 incurred by Ankura during the period of

June 1, 2021 through June 30, 2021 (the “Fee Period”). In accordance with the 

PSA (“Professional Services Agreement”), travel time was excluded from the 

billable fees included herein. 

2. Pursuant to this Fee Statement, Ankura has attached the following exhibits:

a. Exhibit A – Summary schedule showing professional fees by task code;

b. Exhibit B – Summary schedule showing the professionals who performed 

services, the number of hours spent, the respective professional’s billing rate, and 

the total fees for such services;

c. Exhibit C – Complete accounting of professional fees including itemized 

time records in chronological order for which an award of compensation is sought. 

The itemized records include: i) the date each service was rendered; ii) the 

professional(s) who performed the service; iii) a description of the services 

rendered; and iv) the time spent performing the service in increments of tenths of 

an hour; and

d. Exhibit D – Summary by expense category and complete accounting of 

actual and necessary expenses incurred by professionals in chronological order for 

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3

which reimbursement is sought. The itemized records include: i) the date each 

expense was incurred; ii) the professional(s) who incurred the expense; iii) a 

description of the expense incurred; and iv) the amount of each expense for which 

reimbursement is sought.

NOTICE

Pursuant to the Interim Compensation Order, Ankura has provided notice of this Fee 

Statement to:

a. attorneys for the Oversight Board, Proskauer Rose, LLP, Eleven Times 

Square, New York, NY 10036, Attn: Martin J. Bienenstock, Esq. and Ehud 

Barak, Esq., and Proskauer Rose, LLP, 70 West Madison Street, Chicago, 

IL 60602, Attn: Paul V. Possinger, Esq.;

b. attorneys for the Oversight Board, O’Neill & Borges, LLC, 250 Muñoz 

Rivera Ave., Suite 800, San Juan, PR 00918, Attn: Hermann D. Bauer, 

Esq.;

c. attorneys for the Puerto Rico Fiscal Agency and Financial Advisory 

Authority, O’Melveny & Myers, LLP, Times Square Tower, 7 Times 

Square, New York, NY 10036, Attn: John J. Rapisardi, Esq., Suzzanne 

Uhland, Esq., and Diana M. Perez, Esq.;

d. the Office of the United States Trustee for the District of Puerto Rico, 

Edificio Ochoa, 500 Tanca Street, Suite 301, San Juan, PR 00901 (re: In re: 

Commonwealth of Puerto Rico);

e. attorneys for the Official Committee of Unsecured Creditors, Paul Hastings, 

LLP, 200 Park Ave., New York, NY 10166, Attn: Luc. A Despins, Esq.;

f. attorneys for the Official Committee of Unsecured Creditors, Casillas, 

Santiago & Torres, LLC, El Caribe Office Building, 53 Palmeras Street, 

Ste. 1601, San Juan, PR 00901, Attn: Juan J. Casillas Ayala, Esq. and 

Alberto J.E. Aenses Negron, Esq.;

g. attorneys for the Official Committee of Retired Employees, Jenner & 

Block, LLP, 919 Third Ave., New York, NY 10022, Attn: Robert Gordon, 

Esq. and Richard Levin, Esq., and Jenner & Block, LLP, 353 N. Clark 

Street, Chicago, IL 60654, Attn: Catherine Steege, Esq. and Melissa Root, 

Esq.;

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 32 of 245
4

h. attorneys for the Official Committee of Retired Employees, Bennazar, 

García & Milián, C.S.P., Edificio Union Plaza, PH-A, 416 Ave. Ponce de 

León, Hato Rey, PR 00918, Attn: A.J. Bennazar-Zequeira, Esq.; and,

i. the fee examiner, as retained with Court approval, Godfey & Kahn, S.C., 

One East Main Street, Suite 500, Madison, WI 53703-3300, Attn: Brady C. 

Williamson.

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 33 of 245
EXHIBIT A

SUMMARY OF PROFESSIONAL FEES BY TASK CODE

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 34 of 245
Exhibit A - Summary of Professional Fees by Task Code

 Code Time Category Total 

Hours Total Fees 

Fiscal Plan and Operational Related Matters

6 Asset Sales 34,079.00 61.3 $ 

3 Fiscal Plan and Implementation 361.2 203,692.00 $ 

Liquidity Related Matters

2 Cash and Liquidity Analysis 112.8 80,331.00 $ 

51 Cash and Liquidity Analysis - Public Assistance Program (Hurricanes) 24.4 10,248.00 $ 

54 Cash and Liquidity Analysis - Public Assistance Program (Earthquakes) 5.5 1,815.00 $ 

Title III Matters

25 Preparation of Fee Statements and Applications 50.1 17,513.50 $ 

Other Matters

50 General Meetings with FOMB, UCC and/or Advisors 242.2 145,947.50 $ 

Total 493,626.00 857.5 $ 

Exhibit A

July 30, 2021 / #PR00048 1 of 1

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 35 of 245
EXHIBIT B

SUMMARY OF HOURS AND FEES BY PROFESSIONAL

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 36 of 245
Exhibit B - Summary of Hours and Fees by Professional

 Professional Position Billing 

Rate 

 Total 

Hours Total Fees 

Turnaround & Restructuring

Crisalli, Paul Senior Managing Director 875.00 $ 150.8 $ 131,950.00

San Miguel, Jorge Senior Managing Director 620.00 $ 108.8 $ 67,456.00

Gil, Gerard Managing Director 500.00 $ 120.6 $ 60,300.00

Porter, Lucas Senior Director (1) 570.00 $ 166.9 $ 95,133.00

Nilsen, Patrick Director 545.00 $ 4.8 $ 2,616.00

Keys, Jamie Senior Associate (1) 330.00 $ 130.2 $ 42,966.00

Marino, Nicholas Senior Associate 495.00 $ 94.9 $ 46,975.50

Parker, Christine Analyst 200.00 $ 23.9 $ 4,780.00

SUBTOTAL 800.9 $ 452,176.50

Other Practice Groups

Smith, James Senior Managing Director 750.00 $ 54.3 $ 40,725.00

Nance, Terri Senior Director 315.00 $ 2.3 $ 724.50

SUBTOTAL 56.6 $ 41,449.50

TOTAL 493,626.00 857.5 $ 

Note:

(1) Title reflects promotion of professional, however, hourly rate reflects rate pursuant to the original PSA.

Exhibit B

July 30, 2021 / #PR00048 1 of 1

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 37 of 245
EXHIBIT C

COMPLETE ACCOUNTING OF PROFESSIONAL FEES

INCLUDING ITEMIZED TIME RECORDS IN CHRONOLOGICAL ORDER

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 38 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

6/1/21 0.9 620.00 $ 558.00 $ Review the servicing account funding documentation provided by N. Morales 

(PREPA) for Central Government funding and PREPA funding as required 

under the T&D O&M agreement in preparation for the monthly mediation call.

PR

3 Porter, Lucas 6/1/21 0.5 570.00 $ 285.00 $ Prepare a summary of the PREPA proposed and FOMB certified FY 2022 

budget for F. Padilla (PREPA) and G. Gil (ACG). 

Not in PR

50 Gil, Gerard 6/1/21 0.5 500.00 $ 250.00 $ Review T&D service commencement date related materials in preparation for 

upcoming mediation call.

PR

2 Crisalli, Paul 6/1/21 1.3 875.00 $ 1,137.50 $ Update the cash flow monthly dispatch model based on the FY 2022 certified 

budget PROMOD outputs.

Not in PR

50 Gil, Gerard 6/1/21 0.2 500.00 $ 100.00 $ Participate on call with F. Padilla (PREPA) regarding the FOMB approved FY 

2022 budget in preparation for upcoming mediation call.

PR

3 Marino, 

Nicholas

6/1/21 1.3 495.00 $ 643.50 $ Prepare a variance analysis for GenCo, GridCo and HoldCo expense budgets 

between FY 2022 revised PREPA compliant budget and FY 2021 FOMB 

certified budget.

Not in PR

3 Marino, 

Nicholas

6/1/21 1.7 495.00 $ 841.50 $ Prepare a variance analysis between FY 2021 and FY 2022 revised PREPA 

compliant budget per L. Porter (ACG) request.

Not in PR

50 Keys, Jamie 6/1/21 0.7 330.00 $ 231.00 $ Participate on call with G. Gil (ACG), P. Crisalli (ACG), J. San Miguel (ACG), 

J. Smith (ACG), L. Porter (ACG), N. Marino (ACG), M. DiConza (OMM) and 

representatives of AAFAF to review agenda and prepare for the June 2021 

monthly mediation call.

Not in PR

2 Crisalli, Paul 6/1/21 0.7 875.00 $ 612.50 $ Update the cash flow dispatch model for March and April 2021 actuals to 

inform PREPA's current cash flow forecast.

Not in PR

3 Gil, Gerard 6/1/21 0.2 500.00 $ 100.00 $ Correspond with F. Padilla (PREPA) to respond to questions related to the FY 

2022 FOMB approved PREPA budget.

PR

50 San Miguel, 

Jorge

6/1/21 0.2 620.00 $ 124.00 $ Prepare comments in response to requests received from the office of Judge B. 

Houser and O'Melveny & Myers related to the monthly mediation call.

PR

50 Smith, James 6/1/21 0.8 750.00 $ 600.00 $ Participate on call with J. San Miguel (ACG), P. Crisalli (ACG) and G. Gil 

(ACG) to review and discuss the agenda for the monthly mediation call related 

to Luma transition matters, operations, financial and corporate restructuring.

Not in PR

3 Porter, Lucas 6/1/21 0.4 570.00 $ 228.00 $ Review the FY 2022 FOMB certified budget provided by G. Gil (ACG). Not in PR

50 Marino, 

Nicholas

6/1/21 0.7 495.00 $ 346.50 $ Participate on call with G. Gil (ACG), P. Crisalli (ACG), J. San Miguel (ACG), 

J. Smith (ACG), L. Porter (ACG), J. Keys (ACG), M. DiConza (OMM) and 

representatives of AAFAF to review agenda and prepare for the June 2021 

monthly mediation call.

Not in PR

3 Porter, Lucas 6/1/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss the FY 2022 fiscal plan and 

budget variance analysis.

Not in PR

3 Gil, Gerard 6/1/21 0.4 500.00 $ 200.00 $ Review the FY 2022 budget approval resolution and exhibits for discussion with 

management for FY 2022 fiscal plan implementation purposes.

PR

50 San Miguel, 

Jorge

6/1/21 0.8 620.00 $ 496.00 $ Participate on call with J. Smith (ACG), P. Crisalli (ACG) and G. Gil (ACG) to 

review and discuss the agenda for the monthly mediation call related to Luma 

transition matters, operations, financial and corporate restructuring.

PR

3 Porter, Lucas 6/1/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss the summary of the PREPA 

proposed and FOMB certified FY 2022 budget for F. Padilla (PREPA).

Not in PR

50 Crisalli, Paul 6/1/21 0.2 875.00 $ 175.00 $ Participate on calls with representatives of AAFAF regarding updates to the 

FEMA flash report and related supporting documents.

Not in PR

2 Crisalli, Paul 6/1/21 0.4 875.00 $ 350.00 $ Review PREPA FY 2022 FOMB compliant budget and budgetary resolutions to 

inform cash flow reporting.

Not in PR

3 Marino, 

Nicholas

6/1/21 0.6 495.00 $ 297.00 $ Finalize updated financial exhibits for the PREPA FY 2021 fiscal plan and 

certified budget related to chapters 3, 5, 7, 11 and 13 following call with P. 

Nilsen (ACG) regarding the updated McKinsey PREPA financial model and 

updating the PREPA fiscal plan overview presentations for FY 2022.

Not in PR

50 Smith, James 6/1/21 0.7 750.00 $ 525.00 $ Participate on call with G. Gil (ACG), L. Porter (ACG), P. Crisalli (ACG), J. 

San Miguel (ACG), J. Keys (ACG), N. Marino (ACG), M. DiConza (OMM) and 

representatives of AAFAF to review agenda and prepare for the June 2021 

monthly mediation call.

Not in PR

51 Keys, Jamie 6/1/21 1.0 330.00 $ 330.00 $ Participate on the weekly conference call with various representatives of King & 

Spalding, PREPA and other PREPA advisors to discuss federal funding matters, 

challenges and next steps.

Not in PR

50 Smith, James 6/1/21 1.0 750.00 $ 750.00 $ Review news stories and additional material in regards to the Luma transition an 

handoff in preparation for the monthly mediation call.

Not in PR

50 Porter, Lucas 6/1/21 0.9 570.00 $ 513.00 $ Participate on call with P. Crisalli (ACG) regarding creditor questions related to 

budget-to-actual reporting.

Not in PR

50 Gil, Gerard 6/1/21 0.8 500.00 $ 400.00 $ Participate on call with J. Smith (ACG), P. Crisalli (ACG) and J. San Miguel 

(ACG) to review and discuss the agenda for the monthly mediation call related 

to Luma transition matters, operations, financial and corporate restructuring.

PR

Exhibit C

July 30, 2021 / #PR00048 1 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 39 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 6/1/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss the summary of the PREPA 

proposed and FOMB certified FY 2022 budget for F. Padilla (PREPA).

PR

50 Gil, Gerard 6/1/21 0.6 500.00 $ 300.00 $ Review materials from prior creditor mediation calls in preparation for 

conference call with O'Melveny & Myers and Ankura teams.

PR

3 Porter, Lucas 6/1/21 1.4 570.00 $ 798.00 $ Develop the budget-to-actual variance analysis for FY 2021 based on data 

received from P. Clemente (PREPA) to inform responses to due diligence 

questions received from creditors.

Not in PR

2 Crisalli, Paul 6/1/21 0.5 875.00 $ 437.50 $ Review the March and April 2021 fuel reports and monthly generation trend 

analysis provided by L. Porter (ACG) to inform PREPA's current cash flow 

forecast.

Not in PR

3 Nilsen, Patrick 6/1/21 0.2 545.00 $ 109.00 $ Correspond with N. Marino (ACG) regarding the FY 2022 budget variance 

analysis requested by G. Gil (ACG).

Not in PR

50 Keys, Jamie 6/1/21 1.6 330.00 $ 528.00 $ Review the updated project worksheet summary information provided by N. 

Ortiz (I&I) for the monthly mediation call prior to discussions with P. Crisalli 

(ACG).

Not in PR

50 Porter, Lucas 6/1/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG), P. Crisalli (ACG), J. San Miguel (ACG), 

J. Smith (ACG), J. Keys (ACG), N. Marino (ACG), M. DiConza (OMM) and 

representatives of AAFAF to review agenda and prepare for the June 2021 

monthly mediation call.

Not in PR

50 Gil, Gerard 6/1/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG), P. Crisalli (ACG), J. San Miguel 

(ACG), J. Smith (ACG), J. Keys (ACG), N. Marino (ACG), M. DiConza 

(OMM) and representatives of AAFAF to review agenda and prepare for the 

June 2021 monthly mediation call.

PR

50 San Miguel, 

Jorge

6/1/21 0.7 620.00 $ 434.00 $ Review FERC NFE docket developments and the appeal filed by NFE regarding 

FERC jurisdictional determination and operational status of the San Juan Power 

Plant in preparation for the monthly mediation call.

PR

50 Keys, Jamie 6/1/21 0.6 330.00 $ 198.00 $ Review the current draft of the agenda for the monthly mediation call. Not in PR

3 Porter, Lucas 6/1/21 0.2 570.00 $ 114.00 $ Review requests from creditors provided by J. San Miguel (ACG) regarding the 

FY 2021 budget-to-actual variances.

Not in PR

3 Crisalli, Paul 6/1/21 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2021 budget variance 

analysis.

Not in PR

50 Smith, James 6/1/21 2.0 750.00 $ 1,500.00 $ Rewatch video recording of the 5/28/21 PREPA Board of Directors meeting to 

prepare notes in preparation for the monthly mediation call.

Not in PR

50 Smith, James 6/1/21 0.5 750.00 $ 375.00 $ Prepare initial outline and draft discussion notes for the monthly mediation call 

for distribution to Ankura team.

Not in PR

6 Porter, Lucas 6/1/21 0.2 570.00 $ 114.00 $ Review financial accounting information from N. Morales (PREPA) regarding 

T&D account funding.

Not in PR

3 Nilsen, Patrick 6/1/21 1.3 545.00 $ 708.50 $ Review and provide comments to N. Marino (ACG) on the FY 2022 budget 

variance analysis requested by G. Gil (ACG).

Not in PR

50 Gil, Gerard 6/1/21 0.4 500.00 $ 200.00 $ Review Title III docket to inform preparation for upcoming mediation call. PR

50 Smith, James 6/1/21 0.3 750.00 $ 225.00 $ Review the FY 2022 certified budget provided by G. Gil (ACG) in preparation 

for the monthly mediation call.

Not in PR

3 Porter, Lucas 6/1/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) to discuss the FY 2021 budget 

variance analysis.

Not in PR

3 Marino, 

Nicholas

6/1/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 fiscal plan and 

budget variance analysis.

Not in PR

3 Marino, 

Nicholas

6/1/21 1.4 495.00 $ 693.00 $ Create and run a variance analysis between FY 2022 revised PREPA compliant 

budget and FY 2021 FOMB certified budget.

Not in PR

50 Crisalli, Paul 6/1/21 0.2 875.00 $ 175.00 $ Participate on calls with J. Keys (ACG) regarding updates to vendor invoice 

information for inclusion in the FEMA flash report.

Not in PR

50 San Miguel, 

Jorge

6/1/21 2.9 620.00 $ 1,798.00 $ Review the Luma transition and handover checklist updates and PREB 

resolutions on budget, terms of service and operating principles in preparation 

for the monthly mediation call.

PR

3 Porter, Lucas 6/1/21 1.6 570.00 $ 912.00 $ Revise the monthly generation and fuel consumption analysis to include updated 

data for April from T. Rivera (Luma) and J. Estrada (PREPA) to inform FY 

2022 fiscal plan financial projections.

Not in PR

2 Crisalli, Paul 6/1/21 1.2 875.00 $ 1,050.00 $ Review the monthly PROMOD forecast for FY 2022 to inform the PREPA 

current cash flow forecast.

Not in PR

3 Marino, 

Nicholas

6/1/21 0.9 495.00 $ 445.50 $ Revise the PREPA FY 2022 Fiscal Plan Projections Overview presentation. Not in PR

50 Crisalli, Paul 6/1/21 0.9 875.00 $ 787.50 $ Participate on call with L. Porter (ACG) regarding creditor questions related to 

budget-to-actual reporting.

Not in PR

50 Crisalli, Paul 6/1/21 0.7 875.00 $ 612.50 $ Participate on call with G. Gil (ACG), L. Porter (ACG), J. San Miguel (ACG), J. 

Smith (ACG), J. Keys (ACG), N. Marino (ACG), M. DiConza (OMM) and 

representatives of AAFAF to review agenda and prepare for the June 2021 

monthly mediation call.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 2 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 40 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 6/1/21 1.0 500.00 $ 500.00 $ Review and analyze the PREB FY 2022 budget approval resolution regarding 

Luma's initial budget request to advance FY 2022 fiscal plan implementation.

PR

3 Porter, Lucas 6/1/21 0.3 570.00 $ 171.00 $ Prepare and send updated monthly generation and fuel consumption analysis to 

P. Crisalli (ACG) and J. Keys (ACG) to inform FY 2022 fiscal plan financial 

projections.

Not in PR

50 Crisalli, Paul 6/1/21 0.8 875.00 $ 700.00 $ Participate on call with J. Smith (ACG), J. San Miguel (ACG) and G. Gil (ACG) 

to review and discuss the agenda for the monthly mediation call related to Luma 

transition matters, operations, financial and corporate restructuring.

Not in PR

50 San Miguel, 

Jorge

6/1/21 0.2 620.00 $ 124.00 $ Review the requests for information received from creditors ahead of the 

monthly mediation call to prepare related responses with the Ankura team.

PR

50 Smith, James 6/1/21 0.1 750.00 $ 75.00 $ Review materials related to the FY 2021 budget variance analysis received from 

L. Porter (ACG) in preparation for the monthly mediation call.

Not in PR

3 Porter, Lucas 6/1/21 0.2 570.00 $ 114.00 $ Prepare and send revised requests to N. Marino (ACG) related to the FY 2022 

budget variance analysis.

Not in PR

3 Gil, Gerard 6/1/21 0.3 500.00 $ 150.00 $ Review and analyze the FOMB FY 2022 approved budget pension contribution 

amount and related materials to inform discussions with PREPA management 

related to the pension reform FY 2022 fiscal plan initiative.

PR

50 Gil, Gerard 6/1/21 0.2 500.00 $ 100.00 $ Correspond with N. Morales (PREPA) regarding T&D account funding amounts 

in preparation for upcoming mediation call.

PR

50 Keys, Jamie 6/1/21 1.8 330.00 $ 594.00 $ Participate on various telephone calls with N. Ortiz (I&I) regarding updates to 

project worksheet information to prepare for the monthly mediation call.

Not in PR

3 Porter, Lucas 6/1/21 0.3 570.00 $ 171.00 $ Prepare responding comments for K. Bolanos (DV) regarding the FY 2022 

FOMB certified budget.

Not in PR

50 San Miguel, 

Jorge

6/1/21 0.2 620.00 $ 124.00 $ Correspond with L. Porter (ACG) and G. Gil (ACG) regarding responses to 

creditor inquiries in advance of the monthly mediation call.

PR

3 Nilsen, Patrick 6/1/21 0.6 545.00 $ 327.00 $ Review the latest FOMB budget submission for inclusion of information within 

the FY 2022 budget variance analysis.

Not in PR

50 Keys, Jamie 6/1/21 0.2 330.00 $ 66.00 $ Participate on calls with P. Crisalli (ACG) regarding updates to vendor invoice 

information for inclusion in the FEMA flash report.

Not in PR

3 Porter, Lucas 6/1/21 0.3 570.00 $ 171.00 $ Review FY 2022 budget variance analysis from N. Marino (ACG) to inform 

discussions with PREPA management regarding differences between the 

PREPA proposed and FOMB certified budget.

Not in PR

50 San Miguel, 

Jorge

6/1/21 0.7 620.00 $ 434.00 $ Participate on call with G. Gil (ACG), L. Porter (ACG), P. Crisalli (ACG), J. 

Smith (ACG), J. Keys (ACG), N. Marino (ACG), M. DiConza (OMM) and 

representatives of AAFAF to review agenda and prepare for the June 2021 

monthly mediation call.

PR

3 Gil, Gerard 6/1/21 0.4 500.00 $ 200.00 $ Review and prepare comments on summary of PREPA proposed and FOMB 

certified FY 2022 budget for F. Padilla (PREPA).

PR

3 Porter, Lucas 6/1/21 0.2 570.00 $ 114.00 $ Correspond with J. Smith (ACG) regarding inputs for FY 2022 fiscal plan 

reporting requirements.

Not in PR

3 Porter, Lucas 6/1/21 1.0 570.00 $ 570.00 $ Revise the analysis of PREPA proposed and FOMB certified FY 2022 budget 

for discussions with F. Padilla (PREPA) and other PREPA management.

Not in PR

50 San Miguel, 

Jorge

6/2/21 0.6 620.00 $ 372.00 $ Participate in working session with J. Smith (ACG) to review staffing, 

operational and regulatory updates received from PREPA and Luma 

representatives to inform agenda for the monthly mediation call.

PR

3 Marino, 

Nicholas

6/2/21 1.7 495.00 $ 841.50 $ Participate in working session with P. Nilsen (ACG), L. Porter (ACG) and G. 

Gil (ACG) to develop the FY 2022 fiscal plan overview presentation for PREPA 

management and the PREPA Board of Directors.

Not in PR

50 San Miguel, 

Jorge

6/2/21 1.6 620.00 $ 992.00 $ Review and revise the developing agenda items provided by J. Smith (ACG) for 

the upcoming mediation call.

PR

3 Gil, Gerard 6/2/21 0.9 500.00 $ 450.00 $ Participate on call with E. Paredes (PREPA), F. Padilla (PREPA), A. Rodriguez 

(PREPA), K. Bolanos (DV) and M. Vazquez (DV) to discuss FY 2022 budget 

approved by FOMB and the impact on pension contribution.

PR

51 Keys, Jamie 6/2/21 0.5 330.00 $ 165.00 $ Review the project worksheet status report provided by S. Diaz (ARI). Not in PR

3 San Miguel, 

Jorge

6/2/21 0.2 620.00 $ 124.00 $ Review proposed agenda provided by AON for the update call related to 

PREPA ERS reforms.

PR

3 Gil, Gerard 6/2/21 0.3 500.00 $ 150.00 $ Participate on telephone call with F. Padilla (PREPA) regarding pension system 

funding and next steps.

PR

3 San Miguel, 

Jorge

6/2/21 0.5 620.00 $ 310.00 $ Review final GASB 68 and 75 reports for 2017 provided by N. Morales 

(PREPA) in preparation for call with AON regarding PREPA ERS.

PR

3 Gil, Gerard 6/2/21 0.9 500.00 $ 450.00 $ Review and analyze variance analysis of the FOMB approved budget versus the 

PREPA submitted budget and other materials in preparation for meeting with 

PREPA management.

PR

3 Gil, Gerard 6/2/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the pension funding 

requirements in the FY 2022 fiscal plan financial projections.

PR

Exhibit C

July 30, 2021 / #PR00048 3 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 41 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

6/2/21 0.2 620.00 $ 124.00 $ Participate in discussion with M. DiConza (OMM) regarding the monthly 

mediation call agenda and schedule for response to Judge B. Houser clerk 

regarding rescheduling.

PR

3 Porter, Lucas 6/2/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss the pension funding 

requirements in the FY 2022 fiscal plan financial projections.

Not in PR

50 San Miguel, 

Jorge

6/2/21 0.6 620.00 $ 372.00 $ Review the NFE FERC filing docket for update in the upcoming creditor 

mediation call.

PR

25 Parker, 

Christine

6/2/21 1.0 200.00 $ 200.00 $ Assemble time descriptions for the period 5/9/21 - 5/15/21 for inclusion in the 

May 2021 monthly fee statement.

Not in PR

50 San Miguel, 

Jorge

6/2/21 0.3 620.00 $ 186.00 $ Review the draft informative motion received from representatives of 

O'Melveny & Myers regarding Luma commencement date to inform the 

mediation call agenda.

PR

50 San Miguel, 

Jorge

6/2/21 0.6 620.00 $ 372.00 $ Review updated reports on generation privatization transaction and renewable 

energy procurement process to inform agenda for the monthly mediation call.

PR

3 Marino, 

Nicholas

6/2/21 0.7 495.00 $ 346.50 $ Revise the PREPA FY 2022 Fiscal Plan Projections Overview presentation 

following call with G. Gil (ACG), L. Porter (ACG) and P. Nilsen (ACG).

Not in PR

50 Smith, James 6/2/21 0.4 750.00 $ 300.00 $ Participate in discussion with J. San Miguel (ACG) regarding PREPA 

operational update report in preparation for monthly mediation call.

Not in PR

3 Porter, Lucas 6/2/21 0.6 570.00 $ 342.00 $ Prepare follow-up materials for N. Marino (ACG) to inform development of FY 

2022 fiscal plan overview presentation for PREPA management and board of 

directors.

Not in PR

50 Smith, James 6/2/21 1.2 750.00 $ 900.00 $ Update draft discussion notes for the mediation call based on comments and 

information received from Ankura team.

Not in PR

3 Gil, Gerard 6/2/21 0.3 500.00 $ 150.00 $ Participate on call with A. Figueroa (FOMB) regarding FOMB approved FY 

2022 budget and impact on employer pension contribution.

PR

50 Crisalli, Paul 6/2/21 0.5 875.00 $ 437.50 $ Participate on call with J. San Miguel (ACG) regarding creditor reporting and 

T&D service commencement-related items.

Not in PR

3 Porter, Lucas 6/2/21 1.2 570.00 $ 684.00 $ Review the PREPA FY 2022 certified fiscal plan provided by G. Gil (ACG) to 

determine changes from the PREPA proposed fiscal plan.

Not in PR

3 Nilsen, Patrick 6/2/21 0.7 545.00 $ 381.50 $ Participate in working session with L. Porter (ACG), N. Marino (ACG) and G. 

Gil (ACG) to develop the FY 2022 fiscal plan overview presentation for PREPA 

management and the PREPA Board of Directors (partial).

Not in PR

3 San Miguel, 

Jorge

6/2/21 0.3 620.00 $ 186.00 $ Review the restoration and reconstruction flash report summary update from P. 

Crisalli (ACG) in response to the request for information received from AAFAF.

PR

2 Crisalli, Paul 6/2/21 0.3 875.00 $ 262.50 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

2 Crisalli, Paul 6/2/21 1.4 875.00 $ 1,225.00 $ Review the daily cash flow and daily bank balances provided by PREPA 

Treasury to inform the weekly cash flow reports.

Not in PR

3 Porter, Lucas 6/2/21 0.7 570.00 $ 399.00 $ Revise variance analysis of the PREPA proposed and FOMB certified FY 2022 

budget for discussions with F. Padilla (PREPA) and other PREPA management.

Not in PR

50 San Miguel, 

Jorge

6/2/21 0.5 620.00 $ 310.00 $ Participate on call with P. Crisalli (ACG) regarding creditor reporting and T&D 

service commencement-related items.

PR

3 Gil, Gerard 6/2/21 0.2 500.00 $ 100.00 $ Participate on telephone call with E. Paredes (PREPA) to discuss the FY 2022 

budget review with FOMB, discussions with FOMB regarding the pension 

contribution and strategic options.

PR

50 Crisalli, Paul 6/2/21 2.8 875.00 $ 2,450.00 $ Develop the FY 2021 budget-to-actual fuel and purchased power bridge analysis 

by site and fuel type to inform responses to questions received from creditors.

Not in PR

3 Nilsen, Patrick 6/2/21 1.4 545.00 $ 763.00 $ Review and provide comments on the FY 2022 fiscal plan projections 

presentation to N. Marino (ACG).

Not in PR

3 San Miguel, 

Jorge

6/2/21 0.3 620.00 $ 186.00 $ Participate on call with G. Gil (ACG) to discuss pending clarification from 

FOMB regarding the inquiry received from PREPA management representatives 

related to pension contribution matters.

PR

50 Keys, Jamie 6/2/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

3 Nilsen, Patrick 6/2/21 0.6 545.00 $ 327.00 $ Participate in working session with N. Marino (ACG) to review the FY 2022 

financial plan projections presentation for PREPA management and the PREPA 

Board of Directors.

Not in PR

3 Porter, Lucas 6/2/21 1.1 570.00 $ 627.00 $ Prepare generation operational report for the week ending 5/30/21 based on 

updated data from G. Soto (PREPA) for A. Figueroa (FOMB), Y. Hickey 

(FOMB), and other FOMB representatives as required by the PREPA fiscal 

plan.

Not in PR

50 San Miguel, 

Jorge

6/2/21 0.4 620.00 $ 248.00 $ Participate in discussion with J. Smith (ACG) regarding PREPA operational 

update report in preparation for monthly mediation call.

PR

50 Smith, James 6/2/21 1.0 750.00 $ 750.00 $ Review PREB regulatory resolutions related to Luma posted on the PREB 

website in preparation for the mediation call.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 4 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 42 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Keys, Jamie 6/2/21 0.9 330.00 $ 297.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to creditors.

Not in PR

6 San Miguel, 

Jorge

6/2/21 0.4 620.00 $ 248.00 $ Review service account funding report from N. Morales (PREPA) to provide to 

AAFAF as part of commencement date compliance.

PR

3 San Miguel, 

Jorge

6/2/21 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) regarding the revised list of 

financial and cash flow reports to ensure continuity and fiscal plan compliance 

in anticipation of commencement date.

PR

2 Keys, Jamie 6/2/21 0.3 330.00 $ 99.00 $ Review the weekly cash flow forecast sent to N. Morales (PREPA) by P. Crisalli 

(ACG).

Not in PR

3 Marino, 

Nicholas

6/2/21 2.1 495.00 $ 1,039.50 $ Update the PREPA FY 2022 Fiscal Plan Projections Overview presentation 

ahead of working session with P. Nilsen (ACG).

Not in PR

3 Marino, 

Nicholas

6/2/21 0.9 495.00 $ 445.50 $ Revise the PREPA FY 2022 Fiscal Plan Projections Overview presentation 

financial model exhibits following call with G. Gil (ACG), L. Porter (ACG) and 

P. Nilsen (ACG).

Not in PR

51 Keys, Jamie 6/2/21 0.4 330.00 $ 132.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to the 

weekly project worksheet status report.

Not in PR

3 Marino, 

Nicholas

6/2/21 0.6 495.00 $ 297.00 $ Participate in working session with P. Nilsen (ACG) to review the FY 2022 

financial plan projections presentation for PREPA management and the PREPA 

Board of Directors.

Not in PR

3 Keys, Jamie 6/2/21 1.6 330.00 $ 528.00 $ Revise the fuel and purchased power analysis for updated J28 reports for review 

by L. Porter (ACG).

Not in PR

50 Crisalli, Paul 6/2/21 0.7 875.00 $ 612.50 $ Review the budget-to-actual summary reports provided L. Porter (ACG) to 

inform analysis for the monthly mediation call.

Not in PR

2 Crisalli, Paul 6/2/21 0.3 875.00 $ 262.50 $ Prepare questions related to the March and April 2021 fuel reports and monthly 

generation trend analysis for distribution to L. Porter (ACG) and J. Keys (ACG).

Not in PR

50 Keys, Jamie 6/2/21 1.2 330.00 $ 396.00 $ Prepare the weekly reporting package for distribution to creditors and other 

stakeholders.

Not in PR

3 Marino, 

Nicholas

6/2/21 1.8 495.00 $ 891.00 $ Revise the PREPA FY 2022 Fiscal Plan Projections Overview presentation 

following working session with P. Nilsen (ACG).

Not in PR

3 Gil, Gerard 6/2/21 0.3 500.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) to discuss pending clarification 

from FOMB regarding the inquiry received from PREPA management 

representatives related to pension contribution matters.

PR

50 Smith, James 6/2/21 0.6 750.00 $ 450.00 $ Participate in working session with J. San Miguel (ACG) to review staffing, 

operational and regulatory updates received from PREPA and Luma 

representatives to inform agenda for the monthly mediation call.

Not in PR

3 Porter, Lucas 6/2/21 0.6 570.00 $ 342.00 $ Prepare responding information for F. Padilla (PREPA) and G. Gil (ACG) 

related to the FY 2022 certified budget for HoldCo.

Not in PR

3 Crisalli, Paul 6/2/21 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) regarding the revised list of 

financial and cash flow reports to ensure continuity and fiscal plan compliance 

in anticipation of commencement date.

Not in PR

2 Crisalli, Paul 6/2/21 0.6 875.00 $ 525.00 $ Develop summary of the FEMA flash report related outstanding amounts by 

vendor as requested by AAFAF.

Not in PR

3 Porter, Lucas 6/2/21 1.7 570.00 $ 969.00 $ Participate in working session with P. Nilsen (ACG), N. Marino (ACG) and G. 

Gil (ACG) to develop the FY 2022 fiscal plan overview presentation for PREPA 

management and the PREPA Board of Directors.

Not in PR

54 Keys, Jamie 6/2/21 1.0 330.00 $ 330.00 $ Participate on the weekly earthquake insurance claim update call with 

representatives from King & Spalding and Claro Group to discuss status, issues 

and challenges and next steps.

Not in PR

3 Porter, Lucas 6/2/21 0.2 570.00 $ 114.00 $ Participate on call with G. Soto (Luma) to discuss generation operational reports 

for FOMB fiscal plan reporting.

Not in PR

2 Crisalli, Paul 6/2/21 0.4 875.00 $ 350.00 $ Update the cash flow dispatch model for May 2021 actuals based on the hourly 

generation reports to inform PREPA's current cash flow forecast.

Not in PR

50 Keys, Jamie 6/2/21 1.1 330.00 $ 363.00 $ Prepare the weekly FEMA flash report for the week ended 5/21/21 for review by 

P. Crisalli (ACG).

Not in PR

2 Keys, Jamie 6/2/21 1.2 330.00 $ 396.00 $ Prepare the weekly cash flow outputs for the week ended 5/31/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Gil, Gerard 6/2/21 1.7 500.00 $ 850.00 $ Participate in working session with P. Nilsen (ACG), N. Marino (ACG) and L. 

Porter (ACG) to develop the FY 2022 fiscal plan overview presentation for 

PREPA management and the PREPA Board of Directors.

PR

2 Crisalli, Paul 6/2/21 0.4 875.00 $ 350.00 $ Review the weekly cash flow forecast to provide comments to J. Keys (ACG). Not in PR

3 Porter, Lucas 6/2/21 0.5 570.00 $ 285.00 $ Prepare and send responding information to S. Acevedo (PREPA) regarding FY 

2022 fiscal plan financial projections and budget.

Not in PR

25 Parker, 

Christine

6/2/21 0.7 200.00 $ 140.00 $ Assemble time descriptions for the period 5/1/21 - 5/8/21 for inclusion in the 

May 2021 monthly fee statement.

Not in PR

3 Porter, Lucas 6/2/21 0.4 570.00 $ 228.00 $ Review updated daily generation reports from G. Soto (PREPA) for 

development of the generation operational report for the week ending 5/30/21 

required by the FY 2021 certified fiscal plan.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 5 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 43 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 6/3/21 0.2 875.00 $ 175.00 $ Participate on call with N. Morales (PREPA) regarding the July 2021 cash flow 

budget and related work plan.

Not in PR

3 Porter, Lucas 6/3/21 0.8 570.00 $ 456.00 $ Participate on call with R. Zampierollo (PREPA), M. DiConza (OMM), M. 

Yassin (OMM), M. Meyer (AON), B. Law (AON), J. San Miguel (ACG) and G. 

Gil (ACG) to discuss updates on pension reform initiatives for the FY 2022 

fiscal plan.

Not in PR

3 Gil, Gerard 6/3/21 0.5 500.00 $ 250.00 $ Participate in discussion with AAFAF representatives regarding funding options 

for PREPA's pension employer contribution. 

PR

3 Porter, Lucas 6/3/21 0.9 570.00 $ 513.00 $ Participate on call with G. Gil (ACG) to discuss the labor cost information 

request for Luma related to FY 2022 fiscal plan financial projections.

Not in PR

2 Keys, Jamie 6/3/21 0.3 330.00 $ 99.00 $ Review cash flow comments from P. Crisalli (ACG) to J. Roque (Luma) for use 

in the weekly cash flow update.

Not in PR

3 Porter, Lucas 6/3/21 1.3 570.00 $ 741.00 $ Participate on call with K. Bolanos (DV), J. Marrero (DV), G. Gil (ACG), J. San 

Miguel (ACG) and J. Smith (ACG) to discuss regulatory updates related to FY 

2022 fiscal plan implementation.

Not in PR

54 Keys, Jamie 6/3/21 1.0 330.00 $ 330.00 $ Participate on the weekly earthquake insurance claim update call with 

representatives from King & Spalding and Claro Group to discuss status, issues 

and challenges and next steps.

Not in PR

50 Gil, Gerard 6/3/21 0.8 500.00 $ 400.00 $ Review draft materials for upcoming mediation call. PR

3 Keys, Jamie 6/3/21 0.9 330.00 $ 297.00 $ Review the updated fuel and purchased power analysis provided by L. Porter 

(ACG).

Not in PR

50 San Miguel, 

Jorge

6/3/21 1.8 620.00 $ 1,116.00 $ Review and revise the agenda provided by J. Smith (ACG) in preparation for the 

upcoming mediation call.

PR

3 Gil, Gerard 6/3/21 0.2 500.00 $ 100.00 $ Participate in discussion with F. Padilla (PREPA) regarding the FY 2022 

certified fiscal plan and approved budget variances versus PREPA submittal.

PR

50 San Miguel, 

Jorge

6/3/21 0.3 620.00 $ 186.00 $ Analyze the FEMA flash report update received from P. Crisalli (ACG) related 

to outstanding vendor invoices.

PR

50 Porter, Lucas 6/3/21 0.9 570.00 $ 513.00 $ Participate on call with P. Crisalli (ACG) regarding the FY 2021 budget-toactual fuel and purchased power bridge analysis to inform responses to 

questions received from creditors.

Not in PR

2 Keys, Jamie 6/3/21 0.2 330.00 $ 66.00 $ Participate on calls with P. Crisalli (ACG) regarding the weekly cash flow 

reports.

Not in PR

50 Gil, Gerard 6/3/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding information 

required from Luma and PREPA Human Resources to inform creditors 

regarding staffing for commencement date by Luma for T&D system operation.

PR

3 Gil, Gerard 6/3/21 0.4 500.00 $ 200.00 $ Participate in discussion with G. Loran (AAFAF) regarding potential employer 

contribution options for the PREPA retirement system.

PR

3 Gil, Gerard 6/3/21 0.9 500.00 $ 450.00 $ Participate on call with L. Porter (ACG) to discuss the labor cost information 

request for Luma related to FY 2022 fiscal plan financial projections.

PR

50 Smith, James 6/3/21 0.7 750.00 $ 525.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss status of 

the PREPA generation system in preparation for the monthly mediation call.

Not in PR

3 San Miguel, 

Jorge

6/3/21 1.3 620.00 $ 806.00 $ Participate on call with K. Bolanos (DV), J. Marrero (DV), G. Gil (ACG), J. 

Smith (ACG) and L. Porter (ACG) to discuss regulatory updates related to FY 

2022 fiscal plan implementation.

PR

3 Gil, Gerard 6/3/21 0.5 500.00 $ 250.00 $ Review relevant materials and draft request for information requested by 

AAFAF for Luma regarding employer contribution to the PREPA retirement 

system to advance fiscal plan implementation.

PR

2 San Miguel, 

Jorge

6/3/21 0.4 620.00 $ 248.00 $ Review the updated cash flow forecast provided by P. Crisalli (ACG) in 

advance of discussion with N. Morales (PREPA).

PR

2 Keys, Jamie 6/3/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow output summary from P. Crisalli (ACG) to N. 

Morales (PREPA).

Not in PR

50 Crisalli, Paul 6/3/21 0.9 875.00 $ 787.50 $ Participate on call with L. Porter (ACG) regarding the FY 2021 budget-to-actual 

fuel and purchased power bridge analysis to inform responses to questions 

received from creditors.

Not in PR

3 Gil, Gerard 6/3/21 1.3 500.00 $ 650.00 $ Participate on call with K. Bolanos (DV), J. Marrero (DV), L. Porter (ACG), J. 

San Miguel (ACG) and J. Smith (ACG) to discuss regulatory updates related to 

FY 2022 fiscal plan implementation.

PR

51 Keys, Jamie 6/3/21 0.2 330.00 $ 66.00 $ Participate on call with P. Crisalli (ACG) and N. Ortiz (I&I) regarding status 

update related to obligated project worksheets.

Not in PR

3 Gil, Gerard 6/3/21 0.8 500.00 $ 400.00 $ Participate on call with R. Zampierollo (PREPA), M. DiConza (OMM), M. 

Yassin (OMM), M. Meyer (AON), B. Law (AON), J. San Miguel (ACG) and L. 

Porter (ACG) to discuss updates on pension reform initiatives for the FY 2022 

fiscal plan.

PR

3 Porter, Lucas 6/3/21 0.8 570.00 $ 456.00 $ Prepare revised information request with supporting data for G. Gil (ACG) 

related to labor costs in FY 2022 fiscal plan financial projections.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 6 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 44 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

51 Crisalli, Paul 6/3/21 0.2 875.00 $ 175.00 $ Participate on call with J. Keys (ACG) and N. Ortiz (I&I) regarding status 

update related to obligated project worksheets.

Not in PR

3 Porter, Lucas 6/3/21 1.0 570.00 $ 570.00 $ Revise analysis of fuel and purchased power cost variances for discussion with 

P. Crisalli (ACG) related to the FY 2021 budget.

Not in PR

50 San Miguel, 

Jorge

6/3/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding information required from 

Luma and PREPA Human Resources to inform creditors regarding staffing for 

commencement date by Luma for T&D system operation.

PR

3 Gil, Gerard 6/3/21 0.3 500.00 $ 150.00 $ Review and analyze AAFAF correspondence on pension reform to advance 

fiscal plan implementation.

PR

50 Smith, James 6/3/21 0.7 750.00 $ 525.00 $ Review wire transfer notifications for service account funding and summarize 

for the monthly mediation call.

Not in PR

3 Marino, 

Nicholas

6/3/21 1.6 495.00 $ 792.00 $ Review the August PREPA FY 2020 Fiscal Plan Transition to AAFAF 

presentation received from L. Porter (ACG) ahead of revising for FY 2021.

Not in PR

25 Keys, Jamie 6/3/21 1.3 330.00 $ 429.00 $ Participate in working session with C. Parker (ACG) regarding updates to the 

twelfth interim fee application.

Not in PR

3 Gil, Gerard 6/3/21 0.5 500.00 $ 250.00 $ Participate in discussion with N. Morales (PREPA) regarding status of financial 

statements for creditor call, approved FY 2022 budget and T&D transaction 

transition matters.

PR

3 San Miguel, 

Jorge

6/3/21 0.8 620.00 $ 496.00 $ Participate on call with R. Zampierollo (PREPA), M. DiConza (OMM), M. 

Yassin (OMM), M. Meyer (AON), B. Law (AON), L. Porter (ACG) and G. Gil 

(ACG) to discuss updates on pension reform initiatives for the FY 2022 fiscal 

plan.

PR

3 Marino, 

Nicholas

6/3/21 1.9 495.00 $ 940.50 $ Revise the PREPA FY 2022 Fiscal Plan Projections Overview presentation 

following call with G. Gil (ACG), L. Porter (ACG) and P. Nilsen (ACG).

Not in PR

50 Crisalli, Paul 6/3/21 1.1 875.00 $ 962.50 $ Finalize the FY 2021 budget-to-actual fuel and purchased power bridge analysis 

by site and fuel type to inform responses to questions received from creditors.

Not in PR

2 Crisalli, Paul 6/3/21 0.3 875.00 $ 262.50 $ Correspond with J. Roque (Luma) and N. Morales (PREPA) regarding the daily 

cash reports and bank balances.

Not in PR

2 Crisalli, Paul 6/3/21 0.5 875.00 $ 437.50 $ Review the daily cash flow and daily bank balances provided by PREPA 

Treasury to inform the weekly cash flow reports.

Not in PR

2 Crisalli, Paul 6/3/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 5/28/21. Not in PR

2 Crisalli, Paul 6/3/21 0.2 875.00 $ 175.00 $ Participate on calls with J. Keys (ACG) regarding the weekly cash flow reports. Not in PR

3 Gil, Gerard 6/3/21 0.2 500.00 $ 100.00 $ Correspond with F. Padilla (PREPA) regarding FOMB approved FY 2022 

budget variance against PREPA submitted budget.

PR

3 Gil, Gerard 6/3/21 0.2 500.00 $ 100.00 $ Prepare correspondence to AON representatives regarding the FY 2022 fiscal 

plan and budget approvals to advance fiscal plan implementation.

PR

50 Porter, Lucas 6/3/21 0.7 570.00 $ 399.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss status of 

the PREPA generation system in preparation for the monthly mediation call.

Not in PR

2 Crisalli, Paul 6/3/21 0.4 875.00 $ 350.00 $ Participate on call with representatives of AAFAF regarding the FEMA flash 

report related outstanding amounts by vendor.

Not in PR

50 Keys, Jamie 6/3/21 0.5 330.00 $ 165.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to various 

project worksheets for use in the FEMA flash report.

Not in PR

3 Porter, Lucas 6/3/21 1.2 570.00 $ 684.00 $ Revise analysis of fuel and purchased power cost variances based on discussion 

with P. Crisalli (ACG) related to the FY 2021 budget.

Not in PR

2 Crisalli, Paul 6/3/21 0.7 875.00 $ 612.50 $ Review the weekly cash flow forecast to provide comments to J. Keys (ACG). Not in PR

3 Porter, Lucas 6/3/21 0.5 570.00 $ 285.00 $ Review analysis of fuel and purchased power cost variances from P. Crisalli 

(ACG) related to the FY 2021 budget.

Not in PR

50 Keys, Jamie 6/3/21 0.7 330.00 $ 231.00 $ Participate on telephone call with N. Ortiz (I&I) regarding updates to the project 

worksheet tracker to inform the monthly mediation call.

Not in PR

2 Crisalli, Paul 6/3/21 0.2 875.00 $ 175.00 $ Correspond with the PREPA and Luma team regarding work plan for the July 

2021 cash flow budget revenue and fuel and purchased power forecast.

Not in PR

2 Crisalli, Paul 6/3/21 0.4 875.00 $ 350.00 $ Finalize summary of the FEMA flash report related outstanding amounts by 

vendor as requested by AAFAF.

Not in PR

3 Marino, 

Nicholas

6/3/21 0.3 495.00 $ 148.50 $ Create the FY 2020 to FY 2022 fuel variance analysis exhibit for the PREPA 

FY 2022 Fiscal Plan Projections Overview presentation.

Not in PR

3 Gil, Gerard 6/3/21 0.3 500.00 $ 150.00 $ Participate in discussion with J. San Miguel (ACG) regarding next steps 

resulting from the update call with N. Morales (PREPA) and AON 

representatives related to pension system reform.

PR

3 Smith, James 6/3/21 1.3 750.00 $ 975.00 $ Participate on call with K. Bolanos (DV), J. Marrero (DV), G. Gil (ACG), J. San 

Miguel (ACG) and L. Porter (ACG) to discuss regulatory updates related to FY 

2022 fiscal plan implementation.

Not in PR

3 Porter, Lucas 6/3/21 0.3 570.00 $ 171.00 $ Participate on call with S. Acevedo (PREPA) to discuss analysis of FY 2022 

budget variances between the FOMB certified and PREPA proposed budget.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 7 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 45 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 San Miguel, 

Jorge

6/3/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Gil (ACG) regarding next steps resulting from 

the update call with N. Morales (PREPA) and AON representatives related to 

pension system reform.

PR

50 Crisalli, Paul 6/3/21 0.4 875.00 $ 350.00 $ Review the weekly accounts payable report to provide comments to J. Keys 

(ACG).

Not in PR

2 Keys, Jamie 6/3/21 0.4 330.00 $ 132.00 $ Revise the weekly cash flow forecast per comments provided by P. Crisalli 

(ACG).

Not in PR

3 Marino, 

Nicholas

6/3/21 1.4 495.00 $ 693.00 $ Review the PREPA fiscal plan Moody's presentation ahead of revising for FY 

2021.

Not in PR

25 Parker, 

Christine

6/3/21 1.3 200.00 $ 260.00 $ Participate in working session with J. Keys (ACG) regarding updates to the 

twelfth interim fee application.

Not in PR

3 Marino, 

Nicholas

6/3/21 0.8 495.00 $ 396.00 $ Revise the variance analysis for GenCo, GridCo and HoldCo expense budgets 

between the FY 2022 revised PREPA compliant budget and the 5/31/21 FY 

2021 FOMB Certified Budget for the PREPA FY 2022 Fiscal Plan Projections 

Overview presentation.

Not in PR

25 Parker, 

Christine

6/3/21 1.2 200.00 $ 240.00 $ Assemble time descriptions for the period 5/23/21 - 5/31/21 for inclusion in the 

May 2021 monthly fee statement.

Not in PR

51 Keys, Jamie 6/3/21 0.8 330.00 $ 264.00 $ Review the emergency vendor summary table provided by P. Crisalli (ACG) 

prior to distribution to N. Ortiz (I&I) for review.

Not in PR

50 Crisalli, Paul 6/3/21 0.4 875.00 $ 350.00 $ Review the FEMA flash report and related supporting documents to provide 

comments to J. Keys (ACG).

Not in PR

25 Parker, 

Christine

6/3/21 1.0 200.00 $ 200.00 $ Assemble time descriptions for the period 5/16/21 - 5/22/21 for inclusion in the 

May 2021 monthly fee statement.

Not in PR

50 Smith, James 6/3/21 0.8 750.00 $ 600.00 $ Update the May 2021 fleet status report based on meeting with G. Soto (Luma) 

in preparation for the monthly mediation call.

Not in PR

3 Porter, Lucas 6/3/21 1.4 570.00 $ 798.00 $ Revise analysis of FY 2022 budget variances between the FOMB certified and 

PREPA proposed budget for S. Acevedo (PREPA) and F. Padilla (PREPA).

Not in PR

3 Porter, Lucas 6/3/21 0.2 570.00 $ 114.00 $ Prepare follow-up requests for information to P. Ludwig (MCK) related to the 

FY 2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

6/3/21 1.4 495.00 $ 693.00 $ Revise the PREPA FY 2022 Fiscal Plan Projections Overview presentation 

financial model exhibits following call with G. Gil (ACG), L. Porter (ACG) and 

P. Nilsen (ACG).

Not in PR

3 Marino, 

Nicholas

6/3/21 0.5 495.00 $ 247.50 $ Review the PREPA FY 2022 Fiscal Plan Projections Overview presentation. Not in PR

50 Crisalli, Paul 6/4/21 0.7 875.00 $ 612.50 $ Update the monthly mediation call notes and supporting analyses related to cash 

flow and liquidity.

Not in PR

50 Keys, Jamie 6/4/21 1.6 330.00 $ 528.00 $ Participate on various telephone calls with N. Ortiz (I&I) regarding updates to 

the project worksheet tracker to inform the notes for the next mediation call.

Not in PR

3 Marino, 

Nicholas

6/4/21 1.9 495.00 $ 940.50 $ Update the PREPA FY 2022 Fiscal Plan Projections Overview presentation for 

review by L. Porter (ACG).

Not in PR

51 Keys, Jamie 6/4/21 0.3 330.00 $ 99.00 $ Participate on call with P. Crisalli (ACG) and N. Ortiz (I&I) regarding the 

FEMA PA eligibility determination memorandum.

Not in PR

51 Keys, Jamie 6/4/21 0.4 330.00 $ 132.00 $ Participate on telephone call with P. Crisalli (ACG) regarding the summary of 

FEMA related documents provided by N. Ortiz (I&I).

Not in PR

50 Porter, Lucas 6/4/21 1.7 570.00 $ 969.00 $ Revise analysis of PREPA Q3 FY 2021 budget to actual variances analysis for 

discussion with P. Crisalli (ACG) in preparation for the monthly mediation call.

Not in PR

50 Smith, James 6/4/21 0.6 750.00 $ 450.00 $ Update the discussion notes for the monthly creditor mediation call and 

distribute for comment to the O'Melveny & Myers and Ankura teams.

Not in PR

50 Gil, Gerard 6/4/21 0.9 500.00 $ 450.00 $ Review updated draft of the mediation call materials and provide additional 

input to J. San Miguel (ACG).

PR

3 Crisalli, Paul 6/4/21 0.6 875.00 $ 525.00 $ Prepare the cash flow and liquidity related post-certification fiscal plan reports 

for week ended 5/28/21.

Not in PR

3 Porter, Lucas 6/4/21 0.3 570.00 $ 171.00 $ Review the monthly generation cost analysis update received from J. Keys 

(ACG) to inform FY 2022 fiscal plan financial projections and reporting.

Not in PR

50 Porter, Lucas 6/4/21 0.9 570.00 $ 513.00 $ Participate in follow-up working session with P. Crisalli (ACG) regarding the 

budget-to-actual supporting analysis in preparation for the monthly mediation 

call.

Not in PR

50 Keys, Jamie 6/4/21 0.4 330.00 $ 132.00 $ Review the updated mediation call agenda provided by L. Porter (ACG). Not in PR

3 Porter, Lucas 6/4/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss action items for FY 2022 fiscal 

plan implementation.

Not in PR

51 Crisalli, Paul 6/4/21 0.3 875.00 $ 262.50 $ Participate on call with J. Keys (ACG) and N. Ortiz (I&I) regarding the FEMA 

PA eligibility determination memorandum.

Not in PR

50 Crisalli, Paul 6/4/21 0.7 875.00 $ 612.50 $ Revise the budget-to-actual related notes regarding Q3 year to date deficit and 

provide comments to L. Porter (ACG).

Not in PR

Exhibit C

July 30, 2021 / #PR00048 8 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 46 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Porter, Lucas 6/4/21 0.4 570.00 $ 228.00 $ Prepare and send supporting documents to P. Crisalli (ACG) related to PREPA 

Q3 FY 2021 budget to actual variance analysis in preparation for the monthly 

mediation call.

Not in PR

50 San Miguel, 

Jorge

6/4/21 1.8 620.00 $ 1,116.00 $ Review and edit updated draft agenda provided by J. Smith (ACG) for 

mediation call.

PR

50 Porter, Lucas 6/4/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss data requests for PREPA 

Human Resources in preparation for the monthly mediation call.

Not in PR

50 Gil, Gerard 6/4/21 0.3 500.00 $ 150.00 $ Participate on call with N. Morales (PREPA) to discuss expenses related to the 

voluntary transition program in preparation for the upcoming mediation call.

PR

50 San Miguel, 

Jorge

6/4/21 0.5 620.00 $ 310.00 $ Analyze generation fleet status report in preparation for mediation call. PR

50 Marino, 

Nicholas

6/4/21 1.3 495.00 $ 643.50 $ Aggregate and provide a summary update to recent news and events related to 

PREPA for J. Smith (ACG) in advance of the bi-weekly mediation call.

Not in PR

50 Crisalli, Paul 6/4/21 1.1 875.00 $ 962.50 $ Review documents and supporting analyses related to the FEMA PA eligibility 

determinations.

Not in PR

50 Porter, Lucas 6/4/21 0.8 570.00 $ 456.00 $ Analyze the FY 2021 fuel and purchased power rate filings provided by L. 

Guzman (PREPA) to inform variance analysis for the monthly mediation call.

Not in PR

50 San Miguel, 

Jorge

6/4/21 0.2 620.00 $ 124.00 $ Inform the Ankura working group of rescheduled mediation call meeting and 

pending information from PREPA and Luma to complete updated agenda.

PR

3 Gil, Gerard 6/4/21 0.4 500.00 $ 200.00 $ Participate in discussion with A. Rodriguez (PREPA) regarding labor expenses 

and employer pension contribution to advance FY 2021 certified fiscal plan 

implementation.

PR

50 Gil, Gerard 6/4/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss data requests for PREPA 

Human Resources in preparation for the monthly mediation call.

PR

3 Gil, Gerard 6/4/21 0.3 500.00 $ 150.00 $ Analyze file sent by J. Rios (PREPA) related to labor assessment for FY 2022 

fiscal plan implementation.

PR

2 San Miguel, 

Jorge

6/4/21 0.4 620.00 $ 248.00 $ Review and analyze potential vendor payments and related key terms to assess 

the impact on PREPA's liquidity position.

PR

51 Keys, Jamie 6/4/21 1.1 330.00 $ 363.00 $ Review of Title III court documents to inform FEMA Flash reporting. Not in PR

50 Smith, James 6/4/21 1.4 750.00 $ 1,050.00 $ Prepare the May 2021 fleet status report for distribution to creditors and 

discussion on the monthly mediation call.

Not in PR

50 Keys, Jamie 6/4/21 0.9 330.00 $ 297.00 $ Prepare submission of the weekly Excel files for reporting to the FOMB. Not in PR

50 San Miguel, 

Jorge

6/4/21 0.4 620.00 $ 248.00 $ Review and comment RFI on VTP data needed from PREPA HR department to 

inform the monthly mediation call.

PR

3 Gil, Gerard 6/4/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss action items for FY 2022 

fiscal plan implementation.

PR

50 Smith, James 6/4/21 0.3 750.00 $ 225.00 $ Review generation operations and outage reports received from G. Soto (Luma) 

in support of the creditor reporting workstream.

Not in PR

3 Gil, Gerard 6/4/21 0.2 500.00 $ 100.00 $ Participate on call with F. Padilla (PREPA) to discuss FY 2022 fiscal plan 

implementation.

PR

3 Marino, 

Nicholas

6/4/21 1.6 495.00 $ 792.00 $ Update the FY 2022 fiscal plan projections overview financial model exhibits. Not in PR

50 Smith, James 6/4/21 0.5 750.00 $ 375.00 $ Participate in discussion with J. San Miguel (ACG) regarding the updated 

agenda for the monthly mediation call.

Not in PR

50 San Miguel, 

Jorge

6/4/21 0.9 620.00 $ 558.00 $ Review Q3 B2A report to be circulated to creditors for the mediation call. PR

3 Porter, Lucas 6/4/21 0.6 570.00 $ 342.00 $ Analyze the budget-to-actual variance data received rom A. Cabrera (FW) 

related to FY 2021 fiscal plan reporting requirements.

Not in PR

50 Crisalli, Paul 6/4/21 1.5 875.00 $ 1,312.50 $ Participate in working session with L. Porter (ACG) to analyze PREPA Q3 FY 

2021 budget-to-actual variances in preparation for the monthly mediation call.

Not in PR

51 Keys, Jamie 6/4/21 0.7 330.00 $ 231.00 $ Review FEMA related documents and other related financial information 

provided by N. Ortiz (I&I).

Not in PR

50 San Miguel, 

Jorge

6/4/21 0.9 620.00 $ 558.00 $ Review update on fuel prices and fuels office data provided by L. Porter (ACG) 

to inform mediation call discussion points.

PR

50 Smith, James 6/4/21 0.4 750.00 $ 300.00 $ Update draft discussion notes for the monthly mediation call based on input 

received from L. Porter (ACG).

Not in PR

50 San Miguel, 

Jorge

6/4/21 0.5 620.00 $ 310.00 $ Participate in discussion with J. Smith (ACG) regarding the updated agenda for 

the monthly mediation call.

PR

51 Keys, Jamie 6/4/21 0.3 330.00 $ 99.00 $ Participate on follow-up call with P. Crisalli (ACG) and N. Ortiz (I&I) regarding 

the FEMA PA eligibility determination memorandum.

Not in PR

50 Crisalli, Paul 6/4/21 1.4 875.00 $ 1,225.00 $ Review the budget-to-actual supporting analyses provided by L. Porter (ACG) in 

preparation for the monthly mediation call.

Not in PR

50 Keys, Jamie 6/4/21 1.4 330.00 $ 462.00 $ Review of FEMA documents provided by N. Ortiz (I&I). Not in PR

51 Crisalli, Paul 6/4/21 0.3 875.00 $ 262.50 $ Participate on follow-up call with J. Keys (ACG) and N. Ortiz (I&I) regarding 

the FEMA PA eligibility determination memorandum.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 9 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 47 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Crisalli, Paul 6/4/21 0.9 875.00 $ 787.50 $ Participate in follow-up working session with L. Porter (ACG) regarding the 

budget-to-actual supporting analysis in preparation for the monthly mediation 

call.

Not in PR

3 Gil, Gerard 6/4/21 0.2 500.00 $ 100.00 $ Correspond with PREPA HR personnel regarding labor related transfers to 

Luma, and Central Government to diligence labor related expenses for fiscal 

plan implementation. 

PR

3 Marino, 

Nicholas

6/4/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss action items to advance FY 

2022 fiscal plan implementation.

Not in PR

51 Crisalli, Paul 6/4/21 0.4 875.00 $ 350.00 $ Participate on telephone call with J. Keys (ACG) regarding the summary of 

FEMA related documents provided by N. Ortiz (I&I).

Not in PR

3 Porter, Lucas 6/4/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss action items to advance FY 

2022 fiscal plan implementation.

Not in PR

50 Porter, Lucas 6/4/21 1.5 570.00 $ 855.00 $ Participate in working session with P. Crisalli (ACG) to analyze PREPA Q3 FY 

2021 budget-to-actual variances in preparation for the monthly mediation call.

Not in PR

50 San Miguel, 

Jorge

6/4/21 0.7 620.00 $ 434.00 $ Review the Title III docket update provided by representatives of O'Melveny & 

Myers in preparation for the monthly mediation call.

PR

50 Porter, Lucas 6/4/21 1.8 570.00 $ 1,026.00 $ Revise draft meeting notes from J. Smith (ACG) to include discussion on fuel 

prices and cost variances in preparation for the monthly mediation call.

Not in PR

50 San Miguel, 

Jorge

6/4/21 0.2 620.00 $ 124.00 $ Participate in discussion with Judge B. Houser's clerk and M. DiConza (OMM) 

regarding rescheduling of creditor mediation call.

PR

50 Smith, James 6/6/21 0.3 750.00 $ 225.00 $ Review hand-off checklist and conditions precedent materials received from M. 

DiConza (OMM) in preparation for the 6/7/21 mediation call.

Not in PR

50 Porter, Lucas 6/6/21 0.2 570.00 $ 114.00 $ Prepare and send comments on revises meeting notes to P. Crisalli (ACG) for 

the 6/7/21 mediation call.

Not in PR

50 Smith, James 6/6/21 0.5 750.00 $ 375.00 $ Participate in discussion with J. San Miguel (ACG) regarding data on service 

outages to inform the 6/7/21 mediation call.

Not in PR

50 Porter, Lucas 6/6/21 0.5 570.00 $ 285.00 $ Review and revise updated notes from P. Crisalli (ACG) for 6/7/21 mediation 

call.

Not in PR

50 San Miguel, 

Jorge

6/6/21 0.2 620.00 $ 124.00 $ Review updated data provided by J. Rios (PREPA) related to employee 

participation in VTP program to inform mediation call agenda.

PR

50 Porter, Lucas 6/6/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) regarding updated 

information on Q3 budget-to-actual information in preparation for the 6/7/21 

mediation call.

Not in PR

50 Smith, James 6/6/21 0.3 750.00 $ 225.00 $ Review news articles and public information to inform draft discussion notes for 

the 6/7/21 mediation call.

Not in PR

50 Porter, Lucas 6/6/21 0.8 570.00 $ 456.00 $ Review latest draft meeting notes from J. Smith (ACG) in preparation for the 

6/7/21 mediation call.

Not in PR

50 Smith, James 6/6/21 0.1 750.00 $ 75.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) in support of the creditor reporting workstream.

Not in PR

50 San Miguel, 

Jorge

6/6/21 2.1 620.00 $ 1,302.00 $ Revise draft agenda for the mediation call for updated input regarding the Luma 

transition, generation fleet data and VTP.

PR

50 Smith, James 6/6/21 0.6 750.00 $ 450.00 $ Update draft discussion notes for the 6/7/21 mediation call based on comments 

and information received from O'Melveny & Myers and Ankura teams.

Not in PR

50 San Miguel, 

Jorge

6/6/21 0.5 620.00 $ 310.00 $ Participate in discussion with J. Smith (ACG) regarding data on service outages 

to inform next the 6/7/21 mediation call.

PR

50 San Miguel, 

Jorge

6/6/21 0.3 620.00 $ 186.00 $ Participate in discussion with L. Porter (ACG) regarding updated information on 

Q3 budget-to-actual information in preparation for the 6/7/21 mediation call.

PR

50 Smith, James 6/6/21 0.3 750.00 $ 225.00 $ Update draft discussion notes for the 6/7/21 mediation call based on legislative 

and executive branch updates including the new COVID-related executive 

order.

Not in PR

50 Crisalli, Paul 6/7/21 0.4 875.00 $ 350.00 $ Prepare for cash flow and liquidity related items for the 6/7/21 mediation call. Not in PR

2 Crisalli, Paul 6/7/21 0.3 875.00 $ 262.50 $ Participate on call with N. Morales (PREPA) regarding PREPA's current weekly 

cash flow forecast and the July 2021 cash flow budget.

Not in PR

3 Gil, Gerard 6/7/21 1.5 500.00 $ 750.00 $ Participate in working session with N. Marino (ACG) and L. Porter (ACG) to 

review action items for FY 2022 fiscal plan implementation and reporting 

requested by E. Ortiz (PREPA).

PR

50 San Miguel, 

Jorge

6/7/21 0.1 620.00 $ 62.00 $ Review petition received from Judge B. Houser office requesting new bi-weekly 

schedule for creditor mediation calls.

PR

2 Crisalli, Paul 6/7/21 0.2 875.00 $ 175.00 $ Participate on call with J. Keys (ACG) regarding the weekly cash flow forecast. Not in PR

50 San Miguel, 

Jorge

6/7/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) to discuss updates to financial 

information and developments in Title III court filings.

PR

3 Porter, Lucas 6/7/21 0.3 570.00 $ 171.00 $ Review updated purchased power analysis data received from S. Acevedo 

(PREPA) to inform revisions to the monthly generation analysis for FY 2022 

fiscal plan implementation.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 10 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 48 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Keys, Jamie 6/7/21 0.2 330.00 $ 66.00 $ Participate on call with P. Crisalli (ACG) regarding the weekly cash flow 

forecast.

Not in PR

3 Marino, 

Nicholas

6/7/21 1.3 495.00 $ 643.50 $ Review FOMB certified PREPA FY 2021 fiscal plan to inform overview 

presentation materials for F. Padilla (PREPA) and PREPA management.

Not in PR

3 Keys, Jamie 6/7/21 0.7 330.00 $ 231.00 $ Update the project worksheet summary table included in the FY 2022 fiscal 

plan.

Not in PR

3 Marino, 

Nicholas

6/7/21 1.7 495.00 $ 841.50 $ Aggregate information and create the PREPA FY 2022 Initiative and Milestone 

Reporting analysis.

Not in PR

51 Keys, Jamie 6/7/21 1.0 330.00 $ 330.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to the project 

worksheet program status report requested by Y. Lugo (PREPA).

Not in PR

50 Porter, Lucas 6/7/21 0.6 570.00 $ 342.00 $ Participate on follow-up call with J. San Miguel (ACG), J. Smith (ACG), P. 

Crisalli (ACG) and G. Gil (ACG) to discuss questions received from creditor 

representatives during the 6/7/21 mediation call.

Not in PR

50 Porter, Lucas 6/7/21 0.2 570.00 $ 114.00 $ Review the Q&A log received from N. Marino (ACG) reflecting questions and 

answers from the mediation call.

Not in PR

3 Marino, 

Nicholas

6/7/21 1.5 495.00 $ 742.50 $ Participate in working session with L. Porter (ACG) and G. Gil (ACG) to review 

action items for FY 2022 fiscal plan implementation and reporting requested by 

E. Ortiz (PREPA).

Not in PR

50 Crisalli, Paul 6/7/21 1.1 875.00 $ 962.50 $ Participate on the 6/7/21 mediation call. Not in PR

3 Marino, 

Nicholas

6/7/21 0.8 495.00 $ 396.00 $ Revise the PREPA FY 2022 Fiscal Plan Projections Overview financial model 

exhibits following call with L. Porter (ACG).

Not in PR

50 Porter, Lucas 6/7/21 0.7 570.00 $ 399.00 $ Review the quarterly rate update analyses provided by L. Guzman (PREPA) to 

inform responses to creditor questions received during the mediation call.

Not in PR

3 San Miguel, 

Jorge

6/7/21 0.8 620.00 $ 496.00 $ Review the draft shared services agreement between PREPA and Luma 

provided by K. Bolanos (DV) to inform fiscal plan reporting and record keeping 

compliance.

PR

50 Smith, James 6/7/21 0.2 750.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) to discuss and prepare for the 

6/7/21 mediation call.

Not in PR

3 Porter, Lucas 6/7/21 0.5 570.00 $ 285.00 $ Participate on calls with G. Gil (ACG) to discuss action items and requests 

received from E. Ortiz (PREPA) related to FY 2022 fiscal plan implementation.

Not in PR

50 Smith, James 6/7/21 1.1 750.00 $ 825.00 $ Participate on the 6/7/21 mediation call. Not in PR

2 Crisalli, Paul 6/7/21 0.3 875.00 $ 262.50 $ Correspond with J. Roque (Luma) and N. Morales (PREPA) regarding PREPA's 

daily cash reports and bank balances.

Not in PR

50 Smith, James 6/7/21 0.9 750.00 $ 675.00 $ Review news articles and other public information related to the T&D 

transaction transition to support discussion materials for the 6/7/21 mediation 

call.

Not in PR

50 San Miguel, 

Jorge

6/7/21 0.2 620.00 $ 124.00 $ Participate on call with J. Smith (ACG) to discuss and prepare for the 6/7/21 

mediation call.

PR

50 Marino, 

Nicholas

6/7/21 1.1 495.00 $ 544.50 $ Participate on the 6/7/21 mediation call. Not in PR

50 Smith, James 6/7/21 1.0 750.00 $ 750.00 $ Prepare supporting materials for J. San Miguel (ACG) in preparation for the 

6/7/21 mediation call.

Not in PR

3 Porter, Lucas 6/7/21 0.4 570.00 $ 228.00 $ Prepare the revised variance analysis for S. Acevedo (PREPA) related to the FY 

2022 fiscal plan budget.

Not in PR

50 Gil, Gerard 6/7/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding the request 

received from creditors related to the fiscal plan financial model and 

coordination with FOMB for delivery of model.

PR

2 Crisalli, Paul 6/7/21 0.6 875.00 $ 525.00 $ Review the daily cash flow and daily bank balances provided by PREPA 

Treasury to inform the weekly cash flow reports.

Not in PR

50 Porter, Lucas 6/7/21 1.1 570.00 $ 627.00 $ Participate on the 6/7/21 mediation call. Not in PR

50 Gil, Gerard 6/7/21 1.1 500.00 $ 550.00 $ Participate on the 6/7/21 mediation call. PR

3 Gil, Gerard 6/7/21 0.5 500.00 $ 250.00 $ Participate on calls with L. Porter (ACG) to discuss action items and requests 

received from E. Ortiz (PREPA) related to FY 2022 fiscal plan implementation.

PR

3 Porter, Lucas 6/7/21 0.2 570.00 $ 114.00 $ Prepare responding information to T. Rivera (Luma) related to the monthly 

generation cost inputs used to inform FY 2022 fiscal plan implementation 

reporting.

Not in PR

3 Porter, Lucas 6/7/21 0.4 570.00 $ 228.00 $ Review supporting documents provided by J. San Miguel (ACG) related to the 

FY 2022 budget proposal from PREPA management.

Not in PR

3 Porter, Lucas 6/7/21 1.3 570.00 $ 741.00 $ Revise the monthly generation analysis to incorporate updated purchased power 

analysis data received from S. Acevedo (PREPA) to inform FY 2022 fiscal plan 

implementation.

Not in PR

3 Porter, Lucas 6/7/21 0.4 570.00 $ 228.00 $ Prepare package of supporting reference materials for N. Marino (ACG) related 

to FY 2022 fiscal plan implementation.

Not in PR

50 San Miguel, 

Jorge

6/7/21 1.6 620.00 $ 992.00 $ Review and edit final agenda for the 6/7/21 mediation call. PR

Exhibit C

July 30, 2021 / #PR00048 11 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 49 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 6/7/21 1.5 570.00 $ 855.00 $ Participate in working session with N. Marino (ACG) and G. Gil (ACG) to 

review action items for FY 2022 fiscal plan implementation and reporting 

requested by E. Ortiz (PREPA).

Not in PR

50 Gil, Gerard 6/7/21 0.6 500.00 $ 300.00 $ Participate on follow-up call with J. San Miguel (ACG), J. Smith (ACG), L. 

Porter (ACG) and P. Crisalli (ACG) to discuss questions received from creditor 

representatives during the 6/7/21 mediation call.

PR

50 Smith, James 6/7/21 0.3 750.00 $ 225.00 $ Correspond with J. San Miguel (ACG) regarding the development of discussion 

notes for the 6/7/21 mediation call.

Not in PR

50 Crisalli, Paul 6/7/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) to discuss updates to financial 

information and developments in Title III court filings.

Not in PR

3 Gil, Gerard 6/7/21 0.2 500.00 $ 100.00 $ Participate on call with E. Ortiz (PREPA) to review and discuss the FY 2022 

fiscal plan reporting framework.

PR

50 Smith, James 6/7/21 0.2 750.00 $ 150.00 $ Email exchanges with G. Soto (Luma) to get updates information about system 

power outages in preparation for the 6/7/21 mediation call.

Not in PR

2 Crisalli, Paul 6/7/21 0.6 875.00 $ 525.00 $ Review the weekly cash flow forecast to provide comments to J. Keys (ACG). Not in PR

50 Gil, Gerard 6/7/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) and L. Porter (ACG) 

regarding final edits to agenda for the 6/7/21 mediation call.

PR

50 San Miguel, 

Jorge

6/7/21 0.1 620.00 $ 62.00 $ Review the request for information received from P. Possinger (Proskauer) 

related to the fiscal plan financial model requested by creditors.

PR

51 Keys, Jamie 6/7/21 0.8 330.00 $ 264.00 $ Participate on telephone call with N. Ortiz (I&I) regarding updates project 

worksheet information for use in weekly reports.

Not in PR

2 Keys, Jamie 6/7/21 1.2 330.00 $ 396.00 $ Prepare the weekly cash flow outputs for the week ended 6/4/21 for review by P. 

Crisalli (ACG).

Not in PR

50 San Miguel, 

Jorge

6/7/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) and L. Porter (ACG) regarding final 

edits to agenda for the 6/7/21 mediation call.

PR

50 Smith, James 6/7/21 0.6 750.00 $ 450.00 $ Participate on follow-up call with J. San Miguel (ACG), P. Crisalli (ACG), L. 

Porter (ACG) and G. Gil (ACG) to discuss questions received from creditor 

representatives during the 6/7/21 mediation call.

Not in PR

6 San Miguel, 

Jorge

6/7/21 0.2 620.00 $ 124.00 $ Correspond with G. Gil (ACG) regarding updates related to the T&D and 

generation transformation processes and status of audited financial statements.

PR

3 Marino, 

Nicholas

6/7/21 0.6 495.00 $ 297.00 $ Revise the PREPA FY 2022 Fiscal Plan Projections Overview presentation 

following call with L. Porter (ACG).

Not in PR

50 Marino, 

Nicholas

6/7/21 0.4 495.00 $ 198.00 $ Aggregate the creditor representative questions and responses from the 6/7/21 

mediation call for distribution to the Ankura team.

Not in PR

50 San Miguel, 

Jorge

6/7/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding the request received from 

creditors related to the fiscal plan financial model and coordination with FOMB 

for delivery of model.

PR

2 Keys, Jamie 6/7/21 0.6 330.00 $ 198.00 $ Revise the weekly cash flow outputs per discussion with P. Crisalli (ACG). Not in PR

2 Crisalli, Paul 6/7/21 2.5 875.00 $ 2,187.50 $ Review supporting materials for the GenCo and HoldCo annual certified 

budgets to inform PREPA's current cash flow forecast.

Not in PR

51 Keys, Jamie 6/7/21 0.7 330.00 $ 231.00 $ Review the project worksheet program status report prepared by S. Diaz (ARI). Not in PR

50 San Miguel, 

Jorge

6/7/21 1.1 620.00 $ 682.00 $ Participate on the 6/7/21 mediation call. PR

50 Keys, Jamie 6/7/21 1.1 330.00 $ 363.00 $ Participate on the 6/7/21 mediation call. Not in PR

3 Marino, 

Nicholas

6/7/21 1.1 495.00 $ 544.50 $ Review the PREPA restructuring support agreement to inform overview 

presentation materials for F. Padilla (PREPA) and other members of PREPA 

management.

Not in PR

50 San Miguel, 

Jorge

6/7/21 0.4 620.00 $ 248.00 $ Review the request received for change from monthly to bi-weekly mediation 

calls and related impact to potential agenda items.

PR

50 Crisalli, Paul 6/7/21 0.6 875.00 $ 525.00 $ Participate on follow-up call with J. San Miguel (ACG), J. Smith (ACG), L. 

Porter (ACG) and G. Gil (ACG) to discuss questions received from creditor 

representatives during the 6/7/21 mediation call.

Not in PR

2 San Miguel, 

Jorge

6/7/21 0.4 620.00 $ 248.00 $ Review accounts payable status for certain vendors provided by N. Morales 

(PREPA) and A. Diaz (DV) in preparation for meeting with representatives of 

Baker Donaldson to discuss impact on cash flow and liquidity.

PR

50 Porter, Lucas 6/7/21 0.5 570.00 $ 285.00 $ Participate in discussion with G. Gil (ACG) and J. San Miguel (ACG) regarding 

final edits to agenda for the 6/7/21 mediation call.

Not in PR

50 San Miguel, 

Jorge

6/7/21 0.6 620.00 $ 372.00 $ Participate on follow-up call with P. Crisalli (ACG), J. Smith (ACG), L. Porter 

(ACG) and G. Gil (ACG) to discuss questions received from creditor 

representatives during the 6/7/21 mediation call.

PR

2 Crisalli, Paul 6/7/21 0.9 875.00 $ 787.50 $ Develop templates for the cash flow and liquidity reports for week ended 6/4/21. Not in PR

3 Gil, Gerard 6/8/21 1.3 500.00 $ 650.00 $ Analyze the FY 2022 certified fiscal plan financial projections analysis provided 

by Y. Hickey (FOMB) in advance of discussions with PREPA management and 

advisors.

PR

Exhibit C

July 30, 2021 / #PR00048 12 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 50 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

6/8/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss summary and other support 

materials to inform responses to F. Padilla (PREPA) related to the FY 2022 

certified fiscal plan.

Not in PR

3 Porter, Lucas 6/8/21 0.2 570.00 $ 114.00 $ Prepare request to A. Mahadevan (MCK) regarding FY 2022 certified fiscal 

plan financial projections.

Not in PR

2 Crisalli, Paul 6/8/21 2.4 875.00 $ 2,100.00 $ Review various FY 2022 annual certified budget source documents and develop 

templates to convert to PREPA's cash flow reporting format.

Not in PR

3 Porter, Lucas 6/8/21 0.8 570.00 $ 456.00 $ Analyze the FY 2022 certified budget support materials discussed with P. 

Crisalli (ACG) related to PREPA HoldCo, GridCo and GenCo to inform fiscal 

plan reporting.

Not in PR

2 Crisalli, Paul 6/8/21 2.9 875.00 $ 2,537.50 $ Develop supporting analysis related to the FY 2022 annual certified budget 

source documents to inform related cash flow reporting.

Not in PR

2 San Miguel, 

Jorge

6/8/21 0.9 620.00 $ 558.00 $ Review and analyze FEMA report and information related to funding and 

deobligation determinations and reimbursement schedule to inform potential 

impact on PREPA liquidity for discussion with N. Morales (PREPA) and 

AAFAF representatives.

PR

3 Porter, Lucas 6/8/21 1.3 570.00 $ 741.00 $ Participate on call with P. Crisalli (ACG) to discuss initial questions related to 

the FY 2022 annual budget analysis.

Not in PR

3 Porter, Lucas 6/8/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) to discuss summary and other support 

materials to inform responses to F. Padilla (PREPA) related to the FY 2022 

certified fiscal plan.

Not in PR

50 Keys, Jamie 6/8/21 0.7 330.00 $ 231.00 $ Review details on funds received per the bank balance reports for use in the 

weekly FEMA flash report.

Not in PR

50 San Miguel, 

Jorge

6/8/21 0.2 620.00 $ 124.00 $ Correspond with M. DiConza (OMM) regarding update on scheduling and 

proposed agenda for revised bi-weekly mediation calls.

PR

50 Smith, James 6/8/21 0.2 750.00 $ 150.00 $ Review news and other public information regarding the Luma O&M agreement 

transition in support of the creditor reporting workstream.

Not in PR

3 Crisalli, Paul 6/8/21 0.8 875.00 $ 700.00 $ Participate on call with J. San Miguel (ACG), L. Porter (ACG), J. Smith (ACG) 

and G. Gil (ACG) to discuss HoldCo, GenCo and related budgeting and 

reporting matters requested by N. Morales (PREPA) and R. Zampierollo 

(PREPA) to coordinate with PREPA management and Luma representatives.

Not in PR

3 Gil, Gerard 6/8/21 0.8 500.00 $ 400.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG), J. Smith (ACG) and 

J. San Miguel (ACG) to discuss HoldCo, GenCo and related budgeting and 

reporting matters requested by N. Morales (PREPA) and R. Zampierollo 

(PREPA) to coordinate with PREPA management and Luma representatives.

PR

3 Marino, 

Nicholas

6/8/21 0.4 495.00 $ 198.00 $ Continue drafting response to questions from Vidal & Rodriguez regarding 

PREPA 2021 - 2022 D&O Insurance renewal following call with L. Porter 

(ACG).

Not in PR

3 Smith, James 6/8/21 0.8 750.00 $ 600.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG), J. San Miguel 

(ACG) and G. Gil (ACG) to discuss HoldCo, GenCo and related budgeting and 

reporting matters requested by N. Morales (PREPA) and R. Zampierollo 

(PREPA) to coordinate with PREPA management and Luma representatives.

Not in PR

51 Gil, Gerard 6/8/21 0.4 500.00 $ 200.00 $ Participate on the weekly conference call with J. Keys (ACG) and various 

representatives of King & Spalding, PREPA and other PREPA advisors to 

discuss federal funding matters, challenges and next steps.

PR

2 Crisalli, Paul 6/8/21 0.9 875.00 $ 787.50 $ Participate on call with J. San Miguel (ACG) and representatives of AAFAF to 

discuss PREPA liquidity and cash projections, accounts receivables and vendor 

outstanding amounts.

Not in PR

3 Marino, 

Nicholas

6/8/21 0.8 495.00 $ 396.00 $ Continue revising the PREPA FY 2022 Fiscal Plan Projections Overview 

presentation following call with L. Porter (ACG).

Not in PR

50 Keys, Jamie 6/8/21 1.4 330.00 $ 462.00 $ Review invoice summary information provided by P. Morales (I&I) for use in 

the weekly FEMA flash report.

Not in PR

3 San Miguel, 

Jorge

6/8/21 0.5 620.00 $ 310.00 $ Review Luma motion in PREB proceeding requesting amendment to initial 

budget approval to address June 2021 budgeting concern to inform fiscal plan 

reporting workstream.

PR

3 Marino, 

Nicholas

6/8/21 2.2 495.00 $ 1,089.00 $ Continue review of the PREPA restructuring support agreement to inform 

overview presentation materials for F. Padilla (PREPA) and other members of 

PREPA management.

Not in PR

3 Porter, Lucas 6/8/21 0.2 570.00 $ 114.00 $ Prepare response for P. Possinger (Proskauer) related to the PREPA FY 2022 

fiscal plan financial model.

Not in PR

3 Porter, Lucas 6/8/21 0.2 570.00 $ 114.00 $ Prepare response to J. San Miguel (ACG) related to FY 2022 certified fiscal 

plan financial projections.

Not in PR

2 San Miguel, 

Jorge

6/8/21 0.3 620.00 $ 186.00 $ Correspond with P. Possinger (Proskauer), M. DiConza (OMM), P. Crisalli 

(ACG), N. Morales (PREPA) and FOMB regarding meeting to discuss status of 

accounts receivables, liquidity and vendor outstanding amounts.

PR

50 Keys, Jamie 6/8/21 0.6 330.00 $ 198.00 $ Review FEMA memorandum provided by S. Diaz (ARI). Not in PR

3 Marino, 

Nicholas

6/8/21 0.9 495.00 $ 445.50 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss FY 2022 

certified fiscal plan reporting requirements and responsibilities.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 13 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 51 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 6/8/21 0.3 570.00 $ 171.00 $ Review regulatory filing provided K. Bolanos (DV) related to the PREPA FY 

2022 certified budget.

Not in PR

2 San Miguel, 

Jorge

6/8/21 1.1 620.00 $ 682.00 $ Participate on call with N. Morales (PREPA), A. Diaz (DV), E. Abbott (BD) 

and P. Crisalli (ACG) regarding cash flow and vendor outstanding amounts.

PR

3 Gil, Gerard 6/8/21 0.2 500.00 $ 100.00 $ Review requests from P. Possinger (Proskauer) and related responses from L. 

Porter (ACG) related to the PREPA FY 2022 fiscal plan financial model.

PR

51 Keys, Jamie 6/8/21 0.4 330.00 $ 132.00 $ Participate on the weekly conference call with G. Gil (ACG) and various 

representatives of King & Spalding, PREPA and other PREPA advisors to 

discuss federal funding matters, challenges and next steps.

Not in PR

3 Porter, Lucas 6/8/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss summary and other support 

materials to inform responses to F. Padilla (PREPA) related to the FY 2022 

certified fiscal plan.

Not in PR

2 San Miguel, 

Jorge

6/8/21 0.2 620.00 $ 124.00 $ Correspond with P. Possinger (Proskauer) regarding a meeting to discuss 

potential vendor settlements and impact on liquidity and cash flow projections.

PR

2 San Miguel, 

Jorge

6/8/21 0.4 620.00 $ 248.00 $ Review accounts payable data related to PREPA vendors to evaluate impact on 

liquidity and cash flow projections as requested by AAFAF and FOMB 

representatives.

PR

3 Gil, Gerard 6/8/21 0.1 500.00 $ 50.00 $ Review request to FOMB from L. Porter (ACG) related to FY 2022 certified 

fiscal plan financial projections.

PR

3 Porter, Lucas 6/8/21 0.9 570.00 $ 513.00 $ Participate on call with G. Gil (ACG) and N. Marino (ACG) to discuss FY 2022 

certified fiscal plan reporting requirements and responsibilities.

Not in PR

3 Gil, Gerard 6/8/21 0.4 500.00 $ 200.00 $ Revise draft summary narrative with supporting materials for F. Padilla 

(PREPA) related to the FY 2022 certified fiscal plan.

PR

3 Porter, Lucas 6/8/21 1.0 570.00 $ 570.00 $ Review the FY 2022 certified fiscal plan financial projections analysis provided 

by Y. Hickey (FOMB) in advance of discussions with PREPA management and 

advisors.

Not in PR

3 Gil, Gerard 6/8/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss summary and other support 

materials to inform responses to F. Padilla (PREPA) related to the FY 2022 

certified fiscal plan.

PR

3 Porter, Lucas 6/8/21 1.0 570.00 $ 570.00 $ Revise the draft summary narrative with supporting materials for F. Padilla 

(PREPA) requested by G. Gil (ACG) related to the FY 2022 certified fiscal plan.

Not in PR

2 Keys, Jamie 6/8/21 0.6 330.00 $ 198.00 $ Prepare the monthly cash balance report per request from representatives of 

AAFAF.

Not in PR

3 Marino, 

Nicholas

6/8/21 2.4 495.00 $ 1,188.00 $ Review the FOMB certified PREPA FY 2022 fiscal plan to inform development 

of implementation materials requested by G. Gil (ACG).

Not in PR

51 Keys, Jamie 6/8/21 1.0 330.00 $ 330.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to project 

worksheet information included in the master tracker.

Not in PR

3 San Miguel, 

Jorge

6/8/21 0.8 620.00 $ 496.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG), J. Smith (ACG) and 

G. Gil (ACG) to discuss HoldCo, GenCo and related budgeting and reporting 

matters requested by N. Morales (PREPA) and R. Zampierollo (PREPA) to 

coordinate with PREPA management and Luma representatives.

PR

3 Marino, 

Nicholas

6/8/21 0.8 495.00 $ 396.00 $ Begin drafting response to questions from Vidal & Rodriguez regarding PREPA 

2021 - 2022 D&O Insurance renewal per G. Gil (ACG) request.

Not in PR

3 Porter, Lucas 6/8/21 0.3 570.00 $ 171.00 $ Review draft summary narrative with supporting materials from N. Marino 

(ACG) for F. Padilla (PREPA) related to the FY 2022 certified fiscal plan.

Not in PR

2 Keys, Jamie 6/8/21 0.3 330.00 $ 99.00 $ Review the daily cash balance reports provided by J. Roque (Luma). Not in PR

2 San Miguel, 

Jorge

6/8/21 0.4 620.00 $ 248.00 $ Review information provided by E. Abbott (BD) in preparation for meeting with 

FOMB, AAFAF and PREPA on liquidity and cash flow projections.

PR

3 Porter, Lucas 6/8/21 0.8 570.00 $ 456.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG), J. Smith (ACG) 

and G. Gil (ACG) to discuss HoldCo, GenCo and related budgeting and 

reporting matters requested by N. Morales (PREPA) and R. Zampierollo 

(PREPA) to coordinate with PREPA management and Luma representatives.

Not in PR

2 San Miguel, 

Jorge

6/8/21 0.9 620.00 $ 558.00 $ Participate on call with P. Crisalli (ACG) and representatives of AAFAF to 

discuss PREPA liquidity and cash projections, accounts receivables and vendor 

outstanding amounts.

PR

3 Marino, 

Nicholas

6/8/21 0.4 495.00 $ 198.00 $ Continue revising the PREPA FY 2022 Fiscal Plan Projections Overview 

financial model exhibits following call with L. Porter (ACG).

Not in PR

50 Smith, James 6/8/21 0.2 750.00 $ 150.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) in support of the creditor reporting workstream.

Not in PR

2 Crisalli, Paul 6/8/21 1.1 875.00 $ 962.50 $ Participate on call with N. Morales (PREPA), A. Diaz (DV), E. Abbott (BD) 

and J. San Miguel (ACG) regarding cash flow and vendor outstanding amounts.

Not in PR

3 Gil, Gerard 6/8/21 0.9 500.00 $ 450.00 $ Participate on call with L. Porter (ACG) and N. Marino (ACG) to discuss FY 

2022 certified fiscal plan reporting requirements and responsibilities.

PR

3 Crisalli, Paul 6/8/21 1.3 875.00 $ 1,137.50 $ Participate on call with L. Porter (ACG) to discuss initial questions related to 

the FY 2022 annual budget analysis.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 14 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 52 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 6/8/21 0.4 570.00 $ 228.00 $ Prepare additional FY 2022 certified budget support materials for P. Crisalli 

(ACG) related to PREPA HoldCo, GridCo and GenCo.

Not in PR

3 San Miguel, 

Jorge

6/8/21 0.6 620.00 $ 372.00 $ Review draft responses to present to PREPA regarding insurance division 

request for fiscal plan information related to corporate transformation and 

reorganization.

PR

3 Marino, 

Nicholas

6/8/21 0.7 495.00 $ 346.50 $ Update the PREPA FY 2022 initiative and milestone reporting analysis 

following working session with G. Gil (ACG) and L. Porter (ACG).

Not in PR

6 San Miguel, 

Jorge

6/9/21 0.2 620.00 $ 124.00 $ Review the request for information received from the Puerto Rico House of 

Representatives regarding the P3 Authority generation transformation 

transaction to support response thereto as requested by PREPA management.

PR

50 Keys, Jamie 6/9/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

3 San Miguel, 

Jorge

6/9/21 0.8 620.00 $ 496.00 $ Review the PREPA FY 2021 - FY 2022 budget documents provided by FOMB 

in response to request for information.

PR

50 Porter, Lucas 6/9/21 0.3 570.00 $ 171.00 $ Review comments and the updated agenda outline received from J. Smith 

(ACG) related to the bi-weekly mediation calls.

Not in PR

3 Marino, 

Nicholas

6/9/21 0.6 495.00 $ 297.00 $ Revise the PREPA FY 2022 Fiscal Plan Projections Overview presentation 

ahead of call with G. Gil (ACG) and L. Porter (ACG).

Not in PR

6 Gil, Gerard 6/9/21 0.8 500.00 $ 400.00 $ Review and compile relevant materials to provide responses to A. Rodriguez 

(PREPA) regarding the requests for information received from the Puerto Rico 

House of Representatives related to the P3 Authority generation transformation 

transaction.

PR

2 Keys, Jamie 6/9/21 0.5 330.00 $ 165.00 $ Participate on call with P. Crisalli (ACG) regarding the cash flow reports for 

week ended 6/4/21.

Not in PR

50 San Miguel, 

Jorge

6/9/21 0.3 620.00 $ 186.00 $ Review the modified agenda for the revised schedule of mediation calls and 

provide feedback to J. Smith (ACG).

PR

3 Marino, 

Nicholas

6/9/21 1.9 495.00 $ 940.50 $ Review 2019 PREPA restructuring support agreement to inform analysis and 

meeting materials for F. Padilla (PREPA) and other members of PREPA 

management.

Not in PR

2 Keys, Jamie 6/9/21 0.2 330.00 $ 66.00 $ Review the weekly cash flow forecast sent to N. Morales (PREPA) by P. Crisalli 

(ACG).

Not in PR

2 Crisalli, Paul 6/9/21 2.4 875.00 $ 2,100.00 $ Develop detailed work plan and document request list for the July 2021 cash 

flow budget for N. Morales (PREPA).

Not in PR

3 Porter, Lucas 6/9/21 0.9 570.00 $ 513.00 $ Review overview presentation from N. Marino (ACG) related to FY 2022 

certified fiscal plan and financial projections.

Not in PR

50 Keys, Jamie 6/9/21 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to creditors.

Not in PR

2 Keys, Jamie 6/9/21 0.8 330.00 $ 264.00 $ Prepare the monthly bank account balance reports for representatives of 

AAFAF.

Not in PR

6 San Miguel, 

Jorge

6/9/21 0.1 620.00 $ 62.00 $ Participate in discussion with G. Gil (ACG) regarding comments to the updated 

P3 Authority generation transformation transaction asset RFQ and timeline 

report.

PR

2 Crisalli, Paul 6/9/21 0.7 875.00 $ 612.50 $ Finalize the cash flow reporting for week ended 6/4/21. Not in PR

3 San Miguel, 

Jorge

6/9/21 0.7 620.00 $ 434.00 $ Review the certified fiscal plans for FY 2021 - FY 2022 regarding reporting 

obligations in preparation for discussion with N. Morales (PREPA) and Luma 

representatives.

PR

3 Gil, Gerard 6/9/21 0.4 500.00 $ 200.00 $ Participate on call with J. San Miguel (ACG) regarding FY 2022 fiscal plan 

initiatives implementation, PREPA corporate reorganization, and preparation for 

upcoming pension working group conference call with N. Morales (PREPA) 

and R. Zampierollo (PREPA).

PR

51 Keys, Jamie 6/9/21 0.3 330.00 $ 99.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to the 

weekly project worksheet status report.

Not in PR

6 Gil, Gerard 6/9/21 0.1 500.00 $ 50.00 $ Participate in discussion with J. San Miguel (ACG) regarding comments to the 

updated P3 Authority generation transformation transaction asset RFQ and 

timeline report.

PR

3 Porter, Lucas 6/9/21 0.4 570.00 $ 228.00 $ Revise the summary analysis received from N. Marino (ACG) detailing the FY 

2022 certified fiscal plan reporting requirements.

Not in PR

3 Gil, Gerard 6/9/21 0.6 500.00 $ 300.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG) and J. San Miguel 

(ACG) to discuss FY 2022 fiscal plan reporting matters requested by N. Morales 

(PREPA) in preparation for meeting with Luma finance representatives.

PR

3 Crisalli, Paul 6/9/21 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan 

implementation and reporting requirements.

Not in PR

3 Gil, Gerard 6/9/21 1.0 500.00 $ 500.00 $ Participate on call with R. Zampierollo (PREPA), L. Porter (ACG) and N. 

Marino (ACG) to discuss FY 2022 certified fiscal plan reporting requirements.

PR

50 Crisalli, Paul 6/9/21 0.2 875.00 $ 175.00 $ Prepare the FEMA flash report summary analysis for distribution to AAFAF. Not in PR

Exhibit C

July 30, 2021 / #PR00048 15 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 53 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Keys, Jamie 6/9/21 0.2 330.00 $ 66.00 $ Participate on call with P. Crisalli (ACG) and N. Ortiz (I&I) regarding the 

FEMA flash report updates.

Not in PR

50 Crisalli, Paul 6/9/21 0.6 875.00 $ 525.00 $ Participate on follow-up call with J. Keys (ACG), P. Morales (I&I) and N. Ortiz 

(I&I) regarding the FEMA flash report updates.

Not in PR

50 Keys, Jamie 6/9/21 1.0 330.00 $ 330.00 $ Prepare the weekly FEMA flash report for the week ended 6/2/21 for review by 

P. Crisalli (ACG).

Not in PR

50 Keys, Jamie 6/9/21 0.8 330.00 $ 264.00 $ Prepare the weekly reporting package for distribution to creditors and other 

stakeholders.

Not in PR

50 Smith, James 6/9/21 0.5 750.00 $ 375.00 $ Prepare outline for bi-weekly mediation calls and distribute to Ankura team for 

comment.

Not in PR

3 Porter, Lucas 6/9/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) to discuss FY 2022 fiscal plan 

implementation and reporting requirements.

Not in PR

6 Gil, Gerard 6/9/21 0.2 500.00 $ 100.00 $ Participate on call with A. Rodriguez (PREPA) regarding the requests for 

information received from the Puerto Rico House of Representatives related to 

the P3 Authority generation transformation transaction.

PR

50 Crisalli, Paul 6/9/21 0.4 875.00 $ 350.00 $ Review the weekly accounts payable report to provide comments to J. Keys 

(ACG).

Not in PR

3 San Miguel, 

Jorge

6/9/21 0.6 620.00 $ 372.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG) and G. Gil (ACG) to 

discuss FY 2022 fiscal plan reporting matters requested by N. Morales (PREPA) 

in preparation for meeting with Luma finance representatives.

PR

6 Porter, Lucas 6/9/21 0.6 570.00 $ 342.00 $ Participate in discussion with G. Gil (ACG) and J. San Miguel (ACG) regarding 

the Puerto Rico House of Representatives request for information received from 

A. Rodriguez (PREPA) and proposed responses to provide PREPA Legal in 

support thereof.

Not in PR

2 Crisalli, Paul 6/9/21 0.7 875.00 $ 612.50 $ Review the monthly bank balance report as requested by AAFAF and provide 

comments to J. Keys (ACG).

Not in PR

50 Crisalli, Paul 6/9/21 0.4 875.00 $ 350.00 $ Perform initial review of the May 2021 accounts receivable files to prepare 

correspondence to F. Ramos (Luma) regarding the same.

Not in PR

3 Porter, Lucas 6/9/21 0.6 570.00 $ 342.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG) and G. Gil 

(ACG) to discuss FY 2022 fiscal plan reporting matters requested by N. Morales 

(PREPA) in preparation for meeting with Luma finance representatives.

Not in PR

25 Parker, 

Christine

6/9/21 1.3 200.00 $ 260.00 $ Update Exhibits A, B and C of the June 2021 monthly fee statement for the 

period 6/1/21 - 6/5/21.

Not in PR

3 Porter, Lucas 6/9/21 1.0 570.00 $ 570.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and N. Marino 

(ACG) to discuss FY 2022 certified fiscal plan reporting requirements.

Not in PR

6 Porter, Lucas 6/9/21 0.5 570.00 $ 285.00 $ Participate on call with L. Bledin (S&L) regarding status of the P3 Authority 

generation transformation transaction RFP and due diligence documents.

Not in PR

6 San Miguel, 

Jorge

6/9/21 0.6 620.00 $ 372.00 $ Participate in discussion with G. Gil (ACG) and L. Porter (ACG) regarding the 

Puerto Rico House of Representatives request for information received from A. 

Rodriguez (PREPA) and proposed responses to provide PREPA Legal in 

support thereof.

PR

50 Crisalli, Paul 6/9/21 0.7 875.00 $ 612.50 $ Review the FEMA flash report and related supporting documents to provide 

comments to J. Keys (ACG).

Not in PR

6 Gil, Gerard 6/9/21 0.6 500.00 $ 300.00 $ Participate in discussion with J. San Miguel (ACG) and L. Porter (ACG) 

regarding the Puerto Rico House of Representatives request for information 

received from A. Rodriguez (PREPA) and proposed responses to provide 

PREPA Legal in support thereof.

PR

50 Keys, Jamie 6/9/21 1.1 330.00 $ 363.00 $ Review the updated emergency supplier invoice summaries provided by P. 

Morales (I&I) for use in the FEMA flash report.

Not in PR

3 Crisalli, Paul 6/9/21 0.6 875.00 $ 525.00 $ Participate on call with J. San Miguel (ACG), L. Porter (ACG) and G. Gil 

(ACG) to discuss FY 2022 fiscal plan reporting matters requested by N. Morales 

(PREPA) in preparation for meeting with Luma finance representatives.

Not in PR

50 Keys, Jamie 6/9/21 0.3 330.00 $ 99.00 $ Participate on telephone call with P. Crisalli (ACG) regarding updates to 

estimated project amounts included in the FEMA flash report.

Not in PR

3 Porter, Lucas 6/9/21 1.2 570.00 $ 684.00 $ Review FOMB certified PREPA FY 2022 fiscal plan provided by Y. Hickey 

(FOMB) to inform discussions with R. Zampierollo (PREPA) related to 

implementation and reporting.

Not in PR

3 San Miguel, 

Jorge

6/9/21 0.4 620.00 $ 248.00 $ Participate on call with G. Gil (ACG) regarding FY 2022 fiscal plan initiatives 

implementation, PREPA corporate reorganization, and preparation for 

upcoming pension working group conference call with N. Morales (PREPA) 

and R. Zampierollo (PREPA).

PR

50 Keys, Jamie 6/9/21 0.6 330.00 $ 198.00 $ Participate on follow-up call with P. Crisalli (ACG), P. Morales (I&I) and N. 

Ortiz (I&I) regarding the FEMA flash report updates.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 16 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 54 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Porter, Lucas 6/9/21 1.9 570.00 $ 1,083.00 $ Revise the draft historical financial information requested by L. Bledin (S&L) to 

advance P3 Authority generation transformation transaction RFP due diligence 

document preparation.

Not in PR

3 Marino, 

Nicholas

6/9/21 1.0 495.00 $ 495.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and L. Porter 

(ACG) to discuss FY 2022 certified fiscal plan reporting requirements.

Not in PR

6 Porter, Lucas 6/9/21 0.3 570.00 $ 171.00 $ Review responding information for A. Rodriguez (PREPA) related to the P3 

Authority generation transformation transaction RFP.

Not in PR

3 Marino, 

Nicholas

6/9/21 2.2 495.00 $ 1,089.00 $ Review Chapter 3 - Transformation of the FOMB certified PREPA FY 2021 

fiscal plan to inform presentation materials for F. Padilla (PREPA) and PREPA 

management.

Not in PR

50 Keys, Jamie 6/9/21 0.7 330.00 $ 231.00 $ Participate on various telephone calls with N. Ortiz (I&I) and P. Morales (I&I) 

regarding updated estimated project amount for emergency related vendors to be 

included in the weekly FEMA flash report.

Not in PR

50 Crisalli, Paul 6/9/21 0.3 875.00 $ 262.50 $ Participate on telephone call with J. Keys (ACG) regarding updates to estimated 

project amounts included in the FEMA flash report.

Not in PR

50 Marino, 

Nicholas

6/9/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA related news for J. Smith (ACG) to inform 

discussion materials for the next bi-weekly mediation call.

Not in PR

3 Gil, Gerard 6/9/21 0.4 500.00 $ 200.00 $ Review and analyze the regulatory filing provided K. Bolanos (DV) related to 

the FY 2022 certified budget for PREPA in advance of discussion with PREPA 

management.

PR

2 Crisalli, Paul 6/9/21 0.5 875.00 $ 437.50 $ Participate on call with J. Keys (ACG) regarding the cash flow reports for week 

ended 6/4/21.

Not in PR

54 Keys, Jamie 6/9/21 0.8 330.00 $ 264.00 $ Participate on the weekly earthquake insurance claim update call with 

representatives from King & Spalding and Claro Group to discuss status, issues 

and challenges and next steps.

Not in PR

6 San Miguel, 

Jorge

6/9/21 0.3 620.00 $ 186.00 $ Review the updated P3 Authority generation transformation transaction asset 

RFQ and timeline summary report received from L. Porter (ACG) prior to 

submission to PREPA and P3 Authority.

PR

51 Keys, Jamie 6/9/21 0.4 330.00 $ 132.00 $ Review the project worksheet status report provided by S. Diaz (ARI). Not in PR

50 Smith, James 6/9/21 0.2 750.00 $ 150.00 $ Review the Luma budget regarding PREB filings related to FY 2022 fiscal plan 

implementation and the creditor reporting workstream.

Not in PR

50 Crisalli, Paul 6/9/21 0.2 875.00 $ 175.00 $ Participate on call with J. Keys (ACG) and N. Ortiz (I&I) regarding the FEMA 

flash report updates.

Not in PR

3 Porter, Lucas 6/10/21 1.1 570.00 $ 627.00 $ Analyze fuel cost and pricing data from E. Barbosa (PREPA) to inform revisions 

to FOMB reports required by the FY 2021 certified fiscal plan.

Not in PR

3 Keys, Jamie 6/10/21 0.4 330.00 $ 132.00 $ Review changes to the fuel and purchased power analysis circulated by L. Porter 

(ACG) related to fiscal plan reporting requirements.

Not in PR

3 Marino, 

Nicholas

6/10/21 2.5 495.00 $ 1,237.50 $ Continue review of the PREPA restructuring support agreement to inform 

overview presentation materials for F. Padilla (PREPA) and other members of 

PREPA management.

Not in PR

50 San Miguel, 

Jorge

6/10/21 0.5 620.00 $ 310.00 $ Review Puerto Rico legislative and judicial developments to inform the next 

mediation call update.

PR

54 Keys, Jamie 6/10/21 0.9 330.00 $ 297.00 $ Participate on the weekly earthquake insurance claim update call with 

representatives from King & Spalding and Claro Group to discuss status, issues 

and challenges and next steps.

Not in PR

3 Gil, Gerard 6/10/21 0.2 500.00 $ 100.00 $ Participate on call with N. Morales (PREPA) in preparation for the pension 

working group conference call.

PR

3 San Miguel, 

Jorge

6/10/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) regarding next steps requested by N. 

Morales (PREPA) related to fiscal plan reporting and accounts payable records.

PR

3 San Miguel, 

Jorge

6/10/21 0.4 620.00 $ 248.00 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss meeting 

with PREPA and Luma personnel related to updated financial and operational 

forecasts to inform FY 2022 fiscal plan and liquidity projections (partial).

PR

3 Porter, Lucas 6/10/21 1.1 570.00 $ 627.00 $ Analyze the GenCo budget to inform response to A. Cabrera (FW) and L. Matias 

(PREPA) related to the PREPA FY 2022 certified budget.

Not in PR

50 Keys, Jamie 6/10/21 1.0 330.00 $ 330.00 $ Prepare submission of the weekly Excel files for reporting to the FOMB. Not in PR

2 Crisalli, Paul 6/10/21 0.6 875.00 $ 525.00 $ Participate on call with L. Porter (ACG), N. Morales (PREPA), J. Estrada 

(Luma), G. Soto (Luma), R. Acosta (Luma), K. Kostyk (Luma), S. Weiss (Luma) 

and E. Barbosa (PREPA) regarding the revenue and fuel and purchased power 

forecast to inform the July 2021 cash flow budget.

Not in PR

2 Keys, Jamie 6/10/21 0.3 330.00 $ 99.00 $ Participate on calls with P. Crisalli (ACG) regarding the detailed work plan and 

document request list for the July 2021 cash flow budget for N. Morales 

(PREPA).

Not in PR

3 Gil, Gerard 6/10/21 0.4 500.00 $ 200.00 $ Participate in discussion with G. Loran (AAFAF) regarding request for 

information related to the FY 2022 fiscal plan pension initiative.

PR

2 Crisalli, Paul 6/10/21 0.9 875.00 $ 787.50 $ Revise the detailed work plan and document request list for the July 2021 cash 

flow budget for N. Morales (PREPA).

Not in PR

Exhibit C

July 30, 2021 / #PR00048 17 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 55 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Porter, Lucas 6/10/21 0.6 570.00 $ 342.00 $ Participate on call with P. Crisalli (ACG), N. Morales (PREPA), J. Estrada 

(Luma), G. Soto (Luma), R. Acosta (Luma), K. Kostyk (Luma), S. Weiss (Luma) 

and E. Barbosa (PREPA) regarding the revenue and fuel and purchased power 

forecast to inform the July 2021 cash flow budget.

Not in PR

3 Smith, James 6/10/21 0.2 750.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the PREPA renewable 

procurement process for FY 2022 fiscal plan implementation.

Not in PR

2 Crisalli, Paul 6/10/21 0.5 875.00 $ 437.50 $ Participate on call with J. San Miguel (ACG) and N. Morales (PREPA) 

regarding the work plan and information requests for the July 2021 cash flow 

budget.

Not in PR

3 Porter, Lucas 6/10/21 0.9 570.00 $ 513.00 $ Review information request with supporting documentation from A. Cabrera 

(FW) and L. Matias (PREPA) related to the PREPA FY 2022 certified budget.

Not in PR

50 San Miguel, 

Jorge

6/10/21 0.2 620.00 $ 124.00 $ Coordinate revised mediation calls with Judge B. Houser's office. PR

3 Marino, 

Nicholas

6/10/21 0.6 495.00 $ 297.00 $ Update the PREPA FY 2022 Fiscal Plan Projections Overview financial model 

exhibits.

Not in PR

3 Porter, Lucas 6/10/21 0.2 570.00 $ 114.00 $ Participate on call with J. Smith (ACG) to discuss the PREPA renewable 

procurement process for FY 2022 fiscal plan implementation.

Not in PR

50 Smith, James 6/10/21 0.4 750.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss PREPA operational and 

financial status updates in preparation for the bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

6/10/21 0.7 620.00 $ 434.00 $ Review reporting requirements outlined in FY 2021 - FY 2022 certified fiscal 

plans in preparation for meeting with P. Crisalli (ACG) and N. Morales 

(PREPA).

PR

3 Porter, Lucas 6/10/21 0.5 570.00 $ 285.00 $ Participate on call with R. Zampierollo (PREPA), N. Morales (PREPA), G. 

Loran (AAFAF), M. Yassin (OMM), M. Meyer (AON), B. Law (AON), E. 

Rossiter (AON), J. San Miguel (ACG) and G. Gil (ACG) to discuss PREPA 

fiscal plan pension reform implementation.

Not in PR

3 Porter, Lucas 6/10/21 0.7 570.00 $ 399.00 $ Review updated daily generation reports from G. Soto (Luma) for development 

of the generation operational report for the week ending 6/6/21 required by the 

FY 2021 certified fiscal plan.

Not in PR

50 Porter, Lucas 6/10/21 0.7 570.00 $ 399.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss status of 

the PREPA generation system in preparation for the bi-weekly mediation call.

Not in PR

3 Porter, Lucas 6/10/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) to discuss 

meeting with PREPA and Luma personnel related to updated financial and 

operational forecasts to inform FY 2022 fiscal plan and liquidity projections.

Not in PR

3 Marino, 

Nicholas

6/10/21 0.2 495.00 $ 99.00 $ Update the PREPA FY 2022 Fiscal Plan Projections Overview presentation. Not in PR

2 San Miguel, 

Jorge

6/10/21 0.5 620.00 $ 310.00 $ Participate on call with P. Crisalli (ACG) and N. Morales (PREPA) regarding 

the work plan and information requests for the July 2021 cash flow budget.

PR

25 Parker, 

Christine

6/10/21 1.5 200.00 $ 300.00 $ Update Exhibits A, B and C of the May 2021 monthly fee statement. Not in PR

2 San Miguel, 

Jorge

6/10/21 0.9 620.00 $ 558.00 $ Review and provide comments to the draft presentation related to the cash flow 

budget work plan in preparation for meeting with P. Crisalli (ACG).

PR

3 Porter, Lucas 6/10/21 0.2 570.00 $ 114.00 $ Prepare responding information for P. Crisalli (ACG) related to FY 2022 fiscal 

plan reporting requirements.

Not in PR

3 Porter, Lucas 6/10/21 0.9 570.00 $ 513.00 $ Analyze the historical and forecast purchased power analysis cost data received 

from R. Rivera (PREPA) to inform revisions to FOMB reports required by the 

FY 2021 certified fiscal plan.

Not in PR

3 San Miguel, 

Jorge

6/10/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) regarding reporting matters 

outlined in the fiscal plan and accounts payable issues requested by 

representatives of AAFAF and FOMB.

PR

2 Keys, Jamie 6/10/21 0.6 330.00 $ 198.00 $ Review the draft of the July 2021 cash flow budget work plan circulated by P. 

Crisalli (ACG).

Not in PR

50 Smith, James 6/10/21 0.7 750.00 $ 525.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss status of 

the PREPA generation system in preparation for the bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

6/10/21 2.5 495.00 $ 1,237.50 $ Review Chapters 5, 6 and 7 - Financial Projections, Revenue and Expenses of 

the FOMB certified PREPA FY 2021 fiscal plan to inform presentation 

materials for F. Padilla (PREPA) and PREPA management.

Not in PR

3 San Miguel, 

Jorge

6/10/21 0.5 620.00 $ 310.00 $ Participate on call with R. Zampierollo (PREPA), N. Morales (PREPA), G. 

Loran (AAFAF), M. Yassin (OMM), M. Meyer (AON), B. Law (AON), E. 

Rossiter (AON), G. Gil (ACG) and L. Porter (ACG) to discuss PREPA fiscal 

plan pension reform implementation.

PR

50 Marino, 

Nicholas

6/10/21 0.8 495.00 $ 396.00 $ Continue to aggregate PREPA related news to inform discussion materials for 

the next mediation call.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 18 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 56 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 6/10/21 1.6 570.00 $ 912.00 $ Prepare generation operational report for the week ending 6/6/21 based on data 

from G. Soto (Luma) for A. Figueroa (FOMB), Y. Hickey (FOMB), and other 

FOMB representatives as required by the PREPA fiscal plan.

Not in PR

3 Gil, Gerard 6/10/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) to discuss 

meeting with PREPA and Luma personnel related to updated financial and 

operational forecasts to inform FY 2022 fiscal plan and liquidity projections.

PR

50 Keys, Jamie 6/10/21 0.6 330.00 $ 198.00 $ Participate on telephone call with N. Ortiz (I&I) regarding updates to the weekly 

FEMA flash report.

Not in PR

50 San Miguel, 

Jorge

6/10/21 0.8 620.00 $ 496.00 $ Review and analyze developments for next mediation call on 6/25/21 related to 

legislative inquiries into Luma, debt restructuring, pension reform issues.

PR

50 Porter, Lucas 6/10/21 0.4 570.00 $ 228.00 $ Participate on call with J. Smith (ACG) to discuss PREPA operational and 

financial status updates in preparation for the bi-weekly mediation call.

Not in PR

50 Keys, Jamie 6/10/21 1.2 330.00 $ 396.00 $ Review the monthly accounts receivable files provided by P. Crisalli (ACG) for 

use in updating the monthly accounts receivable reports for creditors and other 

stakeholders.

Not in PR

3 Gil, Gerard 6/10/21 0.5 500.00 $ 250.00 $ Participate on call with R. Zampierollo (PREPA), N. Morales (PREPA), G. 

Loran (AAFAF), M. Yassin (OMM), M. Meyer (AON), B. Law (AON), E. 

Rossiter (AON), J. San Miguel (ACG) and L. Porter (ACG) to discuss PREPA 

fiscal plan pension reform implementation.

PR

2 Crisalli, Paul 6/10/21 0.3 875.00 $ 262.50 $ Participate on calls with J. Keys (ACG) regarding the detailed work plan and 

document request list for the July 2021 cash flow budget for N. Morales 

(PREPA).

Not in PR

3 Crisalli, Paul 6/10/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) regarding next steps requested by 

N. Morales (PREPA) related to fiscal plan reporting and accounts payable 

records.

Not in PR

50 Smith, James 6/10/21 0.5 750.00 $ 375.00 $ Review generation operations and outage reports received from G. Soto (Luma) 

and other publicly available information in support of the creditor reporting 

workstream.

Not in PR

50 San Miguel, 

Jorge

6/11/21 0.8 620.00 $ 496.00 $ Review the operational reports issued by PREPA and Luma regarding service 

reinstatement after the Monacillos blackout incident.

PR

3 Crisalli, Paul 6/11/21 0.9 875.00 $ 787.50 $ Participate in meeting with N. Morales (PREPA), E. Ortiz (PREPA), D. Miller 

(Luma), G. Gil (ACG), J. San Miguel (ACG) and L. Porter (ACG) to discuss FY 

2022 fiscal plan financial reporting requirements.

Not in PR

3 San Miguel, 

Jorge

6/11/21 0.2 620.00 $ 124.00 $ Participate on call N. Morales (PREPA) regarding follow-up on deliverables 

following discussion with Luma representatives related to financial reporting 

matters.

PR

6 Gil, Gerard 6/11/21 0.5 500.00 $ 250.00 $ Review the materials related to major electrical outage and recent events on the 

Luma T&D transformation to inform FOMB, creditors and rating agencies.

PR

3 San Miguel, 

Jorge

6/11/21 0.9 620.00 $ 558.00 $ Participate in meeting with N. Morales (PREPA), E. Ortiz (PREPA), D. Miller 

(Luma), P. Crisalli (ACG), G. Gil (ACG) and L. Porter (ACG) to discuss FY 

2022 fiscal plan financial reporting requirements.

PR

2 Crisalli, Paul 6/11/21 1.5 875.00 $ 1,312.50 $ Update the non-labor other operating templates to inform the monthly FY 2022 

cash flow and liquidity analysis.

Not in PR

2 Keys, Jamie 6/11/21 0.9 330.00 $ 297.00 $ Review the liquidity and cash management milestone reporting provided by P. 

Crisalli (ACG).

Not in PR

50 San Miguel, 

Jorge

6/11/21 0.2 620.00 $ 124.00 $ Attend the Central Government creditor stakeholder call to inform on PREPA 

developments and liquidity.

PR

50 Keys, Jamie 6/11/21 1.3 330.00 $ 429.00 $ Review the latest emergency supplier invoice payment information as compared 

to the cash flow for use in the FEMA flash report.

Not in PR

3 San Miguel, 

Jorge

6/11/21 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) regarding list of reporting 

requirements in preparation for meeting with N. Morales (PREPA) and Luma 

representatives.

PR

3 Gil, Gerard 6/11/21 0.9 500.00 $ 450.00 $ Participate in meeting with F. Padilla (PREPA) regarding various FY 2021 - FY 

2022 fiscal plan initiatives and discuss next steps.

PR

50 Porter, Lucas 6/11/21 0.2 570.00 $ 114.00 $ Correspond with J. Smith (ACG) regarding the PREPA operational status 

updates for the 6/25/21 mediation call.

Not in PR

3 Crisalli, Paul 6/11/21 0.6 875.00 $ 525.00 $ Prepare the cash flow and liquidity related post-certification fiscal plan reports 

for week ended 6/4/21.

Not in PR

2 Keys, Jamie 6/11/21 0.4 330.00 $ 132.00 $ Revise the monthly bank account balance reports for AAFAF per comments 

provided by P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 6/11/21 0.4 570.00 $ 228.00 $ Participate on follow-up call with P. Crisalli (ACG), J. San Miguel (ACG) and 

G. Gil (ACG) to discuss client requests related to FY 2022 fiscal plan financial 

reporting after meeting with Luma representatives.

Not in PR

2 Keys, Jamie 6/11/21 0.2 330.00 $ 66.00 $ Prepare correspondence to representatives of AAFAF regarding the latest 

PREPA monthly bank balance reports.

Not in PR

2 Keys, Jamie 6/11/21 0.3 330.00 $ 99.00 $ Review the weekly cash flow reports provided by P. Crisalli (ACG). Not in PR

25 Keys, Jamie 6/11/21 1.2 330.00 $ 396.00 $ Update the exhibits for the twelfth interim fee application. Not in PR

Exhibit C

July 30, 2021 / #PR00048 19 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 57 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 6/11/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan financial 

reporting requirements.

PR

3 San Miguel, 

Jorge

6/11/21 0.6 620.00 $ 372.00 $ Attend press conference with PREPA, Luma and Central Government 

representatives regarding the island-wide blackout incident on 6/10/21 and steps 

to reestablish service.

PR

3 Crisalli, Paul 6/11/21 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) regarding list of reporting 

requirements in preparation for meeting with N. Morales (PREPA) and Luma 

representatives.

Not in PR

3 Gil, Gerard 6/11/21 0.3 500.00 $ 150.00 $ Participate on call with A. Figueroa (FOMB) to discuss FY 2022 fiscal plan 

reporting requirements.

PR

25 Parker, 

Christine

6/11/21 1.0 200.00 $ 200.00 $ Revise Exhibits A, B and C of the May 2021 monthly fee statement. Not in PR

3 Porter, Lucas 6/11/21 0.2 570.00 $ 114.00 $ Participate on call with N. Morales (PREPA) and D. Miller (Luma) to discuss 

FY 2022 fiscal plan financial reporting requirements.

Not in PR

3 Gil, Gerard 6/11/21 0.4 500.00 $ 200.00 $ Participate on follow-up call with P. Crisalli (ACG), L. Porter (ACG) and J. San 

Miguel (ACG) to discuss client requests related to FY 2022 fiscal plan financial 

reporting after meeting with Luma representatives.

PR

3 San Miguel, 

Jorge

6/11/21 0.6 620.00 $ 372.00 $ Review list of reporting requirements under the FY 2022 certified fiscal plan 

and cash flow reports in preparation for meeting with N. Morales (PREPA) and 

Luma representatives.

PR

3 Porter, Lucas 6/11/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss FY 2022 fiscal plan financial 

reporting requirements.

Not in PR

2 Crisalli, Paul 6/11/21 0.6 875.00 $ 525.00 $ Prepare correspondence and summary accounts receivable reports for 

distribution to D. Miller (Luma) and N. Morales (PREPA).

Not in PR

51 Keys, Jamie 6/11/21 0.5 330.00 $ 165.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to various 

project status reports and expected upcoming funding.

Not in PR

6 Gil, Gerard 6/11/21 0.2 500.00 $ 100.00 $ Correspond with AAFAF representatives regarding request for information from 

credit rating agencies regarding the T&D transformation transaction.

PR

2 Crisalli, Paul 6/11/21 0.1 875.00 $ 87.50 $ Participate on call with N. Morales (PREPA) regarding preparation for the 

upcoming call with the PREPA, Luma and Ankura team to discuss cash flow 

and liquidity-related reporting.

Not in PR

2 Crisalli, Paul 6/11/21 0.7 875.00 $ 612.50 $ Finalize materials and prepare for call with the PREPA, Luma and Ankura team 

regarding cash flow and liquidity-related reporting.

Not in PR

3 Porter, Lucas 6/11/21 0.9 570.00 $ 513.00 $ Participate in meeting with N. Morales (PREPA), E. Ortiz (PREPA), D. Miller 

(Luma), P. Crisalli (ACG), J. San Miguel (ACG) and G. Gil (ACG) to discuss 

FY 2022 fiscal plan financial reporting requirements.

Not in PR

3 San Miguel, 

Jorge

6/11/21 0.4 620.00 $ 248.00 $ Participate on follow-up call with P. Crisalli (ACG), L. Porter (ACG) and G. Gil 

(ACG) to discuss client requests related to FY 2022 fiscal plan financial 

reporting after meeting with Luma representatives.

PR

3 Gil, Gerard 6/11/21 0.9 500.00 $ 450.00 $ Participate in meeting with N. Morales (PREPA), E. Ortiz (PREPA), D. Miller 

(Luma), P. Crisalli (ACG), J. San Miguel (ACG) and L. Porter (ACG) to discuss 

FY 2022 fiscal plan financial reporting requirements.

PR

3 Gil, Gerard 6/11/21 0.4 500.00 $ 200.00 $ Review correspondence relevant to the implementation of the renewables 

project initiative per the FY 2021 fiscal plan.

PR

3 Porter, Lucas 6/11/21 0.3 570.00 $ 171.00 $ Prepare responding information for N. Morales (PREPA) and J. San Miguel 

(ACG) related to FY 2022 fiscal plan reporting requirements.

Not in PR

2 Crisalli, Paul 6/11/21 0.8 875.00 $ 700.00 $ Review accounts receivable-related documents and supporting information prior 

to correspondence with D. Miller (Luma) and N. Morales (PREPA).

Not in PR

3 Gil, Gerard 6/11/21 0.9 500.00 $ 450.00 $ Participate on call with A. Figueroa (FOMB) to discuss FY 2022 fiscal plan 

implementation and FY 2022 budget amendment.

PR

3 Porter, Lucas 6/11/21 0.2 570.00 $ 114.00 $ Prepare responding information for P. Possinger (Proskauer) and AAFAF 

representatives related to FY 2022 fiscal plan financial projections.

Not in PR

3 Crisalli, Paul 6/11/21 0.4 875.00 $ 350.00 $ Participate on follow-up call with J. San Miguel (ACG), L. Porter (ACG) and G. 

Gil (ACG) to discuss client requests related to FY 2022 fiscal plan financial 

reporting after meeting with Luma representatives.

Not in PR

6 Gil, Gerard 6/14/21 0.3 500.00 $ 150.00 $ Participate on call with P. Crisalli (ACG) regarding the voluntary transition 

program, PREPA payroll and T&D O&M agreement-related items.

PR

3 Porter, Lucas 6/14/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss the FY 2022 certified budget 

meeting with FOMB representatives. 

Not in PR

50 Smith, James 6/14/21 1.7 750.00 $ 1,275.00 $ Create initial draft notes for the 6/25/21 mediation call based on notes from 

prior call and current information about the T&D transition. 

Not in PR

3 Porter, Lucas 6/14/21 0.6 570.00 $ 342.00 $ Review updated FY 2021 fiscal plan implementation reports received from N. 

Marino (ACG) to inform monthly reporting to FOMB.

Not in PR

3 Marino, 

Nicholas

6/14/21 0.5 495.00 $ 247.50 $ Participate on call with F. Hernandez (FOMB), A. Bielenberg (MCK), A. 

Mahadevan (MCK), P. Ludwig (MCK), R. Zampierollo (PREPA), P. Crisalli 

(ACG), J. San Miguel (ACG), L. Porter (ACG) and G. Gil (ACG) to discuss 

FOMB revisions to the FY 2022 budget for PREPA, HoldCo and GenCo 

(partial).

Not in PR

Exhibit C

July 30, 2021 / #PR00048 20 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 58 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Keys, Jamie 6/14/21 0.9 330.00 $ 297.00 $ Participate on telephone call with T. Nance (ACG) regarding changes to the 

monthly accounts receivable reporting package prior to distribution to P. Crisalli 

(ACG).

Not in PR

2 Crisalli, Paul 6/14/21 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding the accounts 

receivable update report and weekly cash flow data in preparation for discussion 

with N. Morales (PREPA) and representatives of AAFAF.

Not in PR

2 Crisalli, Paul 6/14/21 0.7 875.00 $ 612.50 $ Review the weekly cash flow forecast to provide comments to J. Keys (ACG). Not in PR

3 Gil, Gerard 6/14/21 1.0 500.00 $ 500.00 $ Participate in working session with N. Marino (ACG) and L. Porter (ACG) to 

develop key stakeholder presentation materials related to the PREPA FY 2022 

fiscal plan.

PR

3 Keys, Jamie 6/14/21 0.5 330.00 $ 165.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Marino, 

Nicholas

6/14/21 0.7 495.00 $ 346.50 $ Begin PREPA monthly reporting for June 2021 fiscal plan implementation 

initiative analysis.

Not in PR

3 Gil, Gerard 6/14/21 0.5 500.00 $ 250.00 $ Review the PREB regulatory order provided by K. Bolanos (DV) related to the 

FY 2022 budget in preparation for upcoming regulatory conference call.

PR

3 San Miguel, 

Jorge

6/14/21 0.8 620.00 $ 496.00 $ Participate on call with F. Hernandez (FOMB), A. Bielenberg (MCK), A. 

Mahadevan (MCK), P. Ludwig (MCK), R. Zampierollo (PREPA), G. Gil 

(ACG), P. Crisalli (ACG), N. Marino (ACG) and L. Porter (ACG) to discuss 

FOMB revisions to the FY 2022 budget for PREPA, HoldCo and GenCo.

PR

50 Crisalli, Paul 6/14/21 0.4 875.00 $ 350.00 $ Correspond with N. Morales (PREPA), D. Miller (Luma) and N. Figueroa 

(Luma) regarding the May 2021 active and inactive customer and Government 

accounts receivable aging reports.

Not in PR

3 Gil, Gerard 6/14/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the information requests 

received from L. Matias (PREPA) related to the PREPA FY 2021 budget.

PR

6 Crisalli, Paul 6/14/21 0.3 875.00 $ 262.50 $ Participate on call with G. Gil (ACG) regarding the voluntary transition 

program, PREPA payroll and T&D O&M agreement-related items.

Not in PR

3 Porter, Lucas 6/14/21 0.5 570.00 $ 285.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Porter, Lucas 6/14/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss the information requests 

received from L. Matias (PREPA) related to the PREPA FY 2021 budget.

Not in PR

50 Smith, James 6/14/21 0.3 750.00 $ 225.00 $ Review generation operations and outage reports received from G. Soto (Luma) 

in support of the creditor reporting workstream.

Not in PR

3 Marino, 

Nicholas

6/14/21 0.5 495.00 $ 247.50 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

50 Crisalli, Paul 6/14/21 0.1 875.00 $ 87.50 $ Participate on call with representatives of AAFAF regarding status of emergencyrelated project worksheets and related open invoices.

Not in PR

3 Crisalli, Paul 6/14/21 0.5 875.00 $ 437.50 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Crisalli, Paul 6/14/21 0.5 875.00 $ 437.50 $ Participate on call with F. Hernandez (FOMB), A. Bielenberg (MCK), A. 

Mahadevan (MCK), P. Ludwig (MCK), R. Zampierollo (PREPA), G. Gil 

(ACG), J. San Miguel (ACG), N. Marino (ACG) and L. Porter (ACG) to discuss 

FOMB revisions to the FY 2022 budget for PREPA, HoldCo and GenCo 

(partial).

Not in PR

50 Smith, James 6/14/21 1.0 750.00 $ 750.00 $ Review news and other public information regarding the Luma O&M agreement 

transition in preparation for the 6/25/21 mediation call.

Not in PR

25 Keys, Jamie 6/14/21 1.0 330.00 $ 330.00 $ Review L. Porter (ACG) comments to the eleventh interim fee application. Not in PR

3 Marino, 

Nicholas

6/14/21 1.8 495.00 $ 891.00 $ Review the PREPA monthly reporting for June 2021 fiscal plan implementation 

initiative materials received from ScottMadden.

Not in PR

2 Crisalli, Paul 6/14/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) to discuss the updated information 

received from E. Abbott (BD) related to the federal funds reimbursement 

process and expected impact on cash flow and liquidity.

Not in PR

3 San Miguel, 

Jorge

6/14/21 1.3 620.00 $ 806.00 $ Attend public hearing regarding PREPA management and P3 Authority 

representatives and T&D-Luma transition and operational oversight to inform 

fiscal plan implementation initiative and creditor reporting (partial).

PR

3 San Miguel, 

Jorge

6/14/21 0.3 620.00 $ 186.00 $ Review updated payroll data to inform cash flow and liquidity report update 

provided by P. Crisalli (ACG).

PR

2 San Miguel, 

Jorge

6/14/21 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding the accounts 

receivable update report and weekly cash flow data in preparation for discussion 

with N. Morales (PREPA) and representatives of AAFAF.

PR

3 Gil, Gerard 6/14/21 0.5 500.00 $ 250.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

2 San Miguel, 

Jorge

6/14/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) to discuss the updated information 

received from E. Abbott (BD) related to the federal funds reimbursement 

process and expected impact on cash flow and liquidity.

PR

2 Crisalli, Paul 6/14/21 0.3 875.00 $ 262.50 $ Correspond with J. Roque (Luma) regarding PREPA's daily cash reports and 

bank balances.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 21 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 59 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 6/14/21 0.6 500.00 $ 300.00 $ Review and analyze FY 2022 budget materials in preparation for discussion 

with FOMB.

PR

3 Gil, Gerard 6/14/21 0.8 500.00 $ 400.00 $ Participate on call with F. Hernandez (FOMB), A. Bielenberg (MCK), A. 

Mahadevan (MCK), P. Ludwig (MCK), R. Zampierollo (PREPA), P. Crisalli 

(ACG), J. San Miguel (ACG), N. Marino (ACG) and L. Porter (ACG) to discuss 

FOMB revisions to the FY 2022 budget for PREPA, HoldCo and GenCo.

PR

2 Crisalli, Paul 6/14/21 0.8 875.00 $ 700.00 $ Review the daily cash flow and daily bank balances provided by PREPA 

Treasury to inform the weekly cash flow reports.

Not in PR

3 Crisalli, Paul 6/14/21 0.4 875.00 $ 350.00 $ Participate on call with L. Porter (ACG) regarding follow-up items related to the 

FY 2022 certified budget and related supporting documents.

Not in PR

3 Porter, Lucas 6/14/21 0.5 570.00 $ 285.00 $ Review materials from M. DiConza (OMM) related to the FY 2022 fiscal plan 

initiative related to pension reform. 

Not in PR

50 Crisalli, Paul 6/14/21 0.4 875.00 $ 350.00 $ Participate on telephone call with J. Keys (ACG) regarding suggested changes 

to the monthly accounts receivable reporting package.

Not in PR

50 Keys, Jamie 6/14/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding the monthly accounts receivable 

reports.

Not in PR

3 Gil, Gerard 6/14/21 0.3 500.00 $ 150.00 $ Review and analyze latest events related to the P3 Authority generation 

transformation transaction to inform discussions with PREPA and FOMB 

regarding FY 2022 fiscal plan implementation.

PR

3 Gil, Gerard 6/14/21 0.3 500.00 $ 150.00 $ Participate on call with AAFAF and Moody's representatives to discuss latest 

events associated with the PREPA T&D transaction. 

PR

3 Porter, Lucas 6/14/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG) regarding follow-up items related to 

the FY 2022 certified budget and related supporting documents.

Not in PR

50 Crisalli, Paul 6/14/21 2.6 875.00 $ 2,275.00 $ Review the May 2021 active, inactive and Government accounts receivable 

reports and provide comments to J. Keys (ACG).

Not in PR

3 Porter, Lucas 6/14/21 0.8 570.00 $ 456.00 $ Review the PREB regulatory order provided by K. Bolanos (DV) related to the 

FY 2022 budget.

Not in PR

2 San Miguel, 

Jorge

6/14/21 0.5 620.00 $ 310.00 $ Review updated information from E. Abbott (BD) regarding the FEMA 

reimbursement process and pending accounts payable from PREPA that may 

impact cash flow projections.

PR

2 Keys, Jamie 6/14/21 0.4 330.00 $ 132.00 $ Revise the cash flow outputs for the week ended 6/11/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

3 Marino, 

Nicholas

6/14/21 0.8 495.00 $ 396.00 $ Update the FY 2022 Fiscal Plan Projections Overview presentation following 

working session with G. Gil (ACG) and L. Porter (ACG).

Not in PR

3 Gil, Gerard 6/14/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 certified budget 

meeting with FOMB representatives. 

PR

50 Keys, Jamie 6/14/21 0.4 330.00 $ 132.00 $ Participate on telephone call with P. Crisalli (ACG) regarding suggested 

changes to the monthly accounts receivable reporting package.

Not in PR

3 Smith, James 6/14/21 0.5 750.00 $ 375.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

6 Porter, Lucas 6/14/21 0.8 570.00 $ 456.00 $ Review historical financial data to inform response to L. Bledin (S&L) related to 

P3 Authority generation transformation transaction due diligence document 

preparation.

Not in PR

3 San Miguel, 

Jorge

6/14/21 0.5 620.00 $ 310.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

3 Porter, Lucas 6/14/21 0.7 570.00 $ 399.00 $ Review comments from N. Marino (ACG) related to FY 2021 certified fiscal 

plan initiative report changes for June 2021 monthly report. 

Not in PR

3 Gil, Gerard 6/14/21 0.2 500.00 $ 100.00 $ Participate in discussion with L. Matias (PREPA) regarding the FY 2022 budget 

for HoldCo. 

PR

3 Marino, 

Nicholas

6/14/21 1.0 495.00 $ 495.00 $ Participate in working session with G. Gil (ACG) and L. Porter (ACG) to 

develop key stakeholder presentation materials related to the PREPA FY 2022 

fiscal plan.

Not in PR

2 Keys, Jamie 6/14/21 1.1 330.00 $ 363.00 $ Prepare the weekly cash flow outputs for the week ended 6/11/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 6/14/21 1.0 570.00 $ 570.00 $ Participate in working session with N. Marino (ACG) and G. Gil (ACG) to 

develop key stakeholder presentation materials related to the PREPA FY 2022 

fiscal plan.

Not in PR

50 San Miguel, 

Jorge

6/14/21 0.9 620.00 $ 558.00 $ Review and analyze the PREB resolution amending the 5/31/21 Luma initial 

budget approval to address budget issues in June 2021 to inform agenda for the 

bi-weekly mediation call.

PR

2 Crisalli, Paul 6/14/21 1.1 875.00 $ 962.50 $ Develop templates for the cash flow and liquidity reports for week ended 

6/11/21.

Not in PR

25 Parker, 

Christine

6/14/21 1.3 200.00 $ 260.00 $ Assemble time descriptions for the period 6/1/21 - 6/5/21 for inclusion in the 

June 2021 monthly fee statement.

Not in PR

50 Nance, Terri 6/14/21 0.9 315.00 $ 283.50 $ Participate on telephone call with J. Keys (ACG) regarding changes to the 

monthly accounts receivable reporting package prior to distribution to P. Crisalli 

(ACG).

Not in PR

Exhibit C

July 30, 2021 / #PR00048 22 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 60 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 6/14/21 0.7 570.00 $ 399.00 $ Review initial draft presentation materials received from N. Marino (ACG) for 

key stakeholder meetings related to the PREPA FY 2022 fiscal plan.

Not in PR

50 Keys, Jamie 6/14/21 3.1 330.00 $ 1,023.00 $ Prepare the monthly accounts receivable reporting package for review by P. 

Crisalli (ACG).

Not in PR

50 Keys, Jamie 6/14/21 0.7 330.00 $ 231.00 $ Review P. Crisalli (ACG) comments to the monthly accounts receivable 

reporting package.

Not in PR

3 Porter, Lucas 6/14/21 0.8 570.00 $ 456.00 $ Participate on call with F. Hernandez (FOMB), A. Bielenberg (MCK), A. 

Mahadevan (MCK), P. Ludwig (MCK), R. Zampierollo (PREPA), P. Crisalli 

(ACG), J. San Miguel (ACG), N. Marino (ACG) and G. Gil (ACG) to discuss 

FOMB revisions to the FY 2022 budget for PREPA, HoldCo and GenCo.

Not in PR

50 Smith, James 6/15/21 0.9 750.00 $ 675.00 $ Participate on call with K. Bolanos (Diaz), L. Porter (ACG), G. Gil (ACG) and J. 

San Miguel (ACG) to discuss regulatory updates received from PREB related to 

initial budget amendments, terms of service and performance metrics in 

preparation for the bi-weekly mediation call.

Not in PR

2 Keys, Jamie 6/15/21 0.2 330.00 $ 66.00 $ Correspond with representatives of AAFAF regarding the PREPA monthly bank 

account balance report.

Not in PR

3 Marino, 

Nicholas

6/15/21 0.7 495.00 $ 346.50 $ Finalize PREPA monthly reporting for June 2021 fiscal plan implementation 

initiative submission.

Not in PR

3 Gil, Gerard 6/15/21 0.3 500.00 $ 150.00 $ Review and analyze House Resolution 455 regarding potential impacts to the 

PREPA fiscal plan.

PR

2 Keys, Jamie 6/15/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast circulated by P. Crisalli (ACG). Not in PR

3 Marino, 

Nicholas

6/15/21 1.4 495.00 $ 693.00 $ Participate in working session with R. Zampierollo (PREPA) and L. Porter 

(ACG) to revise the FY 2021 certified fiscal plan monthly report for May 2021.

Not in PR

25 Parker, 

Christine

6/15/21 1.1 200.00 $ 220.00 $ Update Exhibits A, B and C of the June 2021 monthly fee statement for the 

period 6/6/21 - 6/12/21.

Not in PR

50 Keys, Jamie 6/15/21 0.8 330.00 $ 264.00 $ Participate on telephone call with T. Nance (ACG) regarding changes to the 

monthly accounts receivable reporting package prior to distribution to P. Crisalli 

(ACG).

Not in PR

3 Porter, Lucas 6/15/21 0.9 570.00 $ 513.00 $ Review final FY 2021 certified fiscal plan implementation report submittals 

prepared by N. Marino (ACG) for R. Zampierollo (PREPA).

Not in PR

50 Porter, Lucas 6/15/21 0.9 570.00 $ 513.00 $ Participate on call with K. Bolanos (Diaz), G. Gil (ACG), J. Smith (ACG) and J. 

San Miguel (ACG) to discuss regulatory updates received from PREB related to 

initial budget amendments, terms of service and performance metrics in 

preparation for the bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

6/15/21 0.9 620.00 $ 558.00 $ Participate on call with K. Bolanos (Diaz), L. Porter (ACG), G. Gil (ACG) and J. 

Smith (ACG) to discuss regulatory updates received from PREB related to 

initial budget amendments, terms of service and performance metrics in 

preparation for the bi-weekly mediation call.

PR

3 Porter, Lucas 6/15/21 0.5 570.00 $ 285.00 $ Prepare responding information to T. Rivera (Luma) related to the monthly 

generation cost inputs used to inform FY 2022 fiscal plan implementation 

reporting.

Not in PR

25 Keys, Jamie 6/15/21 0.9 330.00 $ 297.00 $ Review J. San Miguel (ACG) comments to the eleventh interim fee application. Not in PR

51 Keys, Jamie 6/15/21 0.9 330.00 $ 297.00 $ Participate on the weekly conference call with various representatives of King & 

Spalding, PREPA and other PREPA advisors to discuss federal funding matters, 

challenges and next steps.

Not in PR

3 Crisalli, Paul 6/15/21 0.6 875.00 $ 525.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan 

requirements to inform operational and financial reporting to FOMB.

Not in PR

3 Porter, Lucas 6/15/21 0.2 570.00 $ 114.00 $ Prepare follow-up request to Y. Hickey (FOMB) related to the PREPA FY 2022 

budget.

Not in PR

50 Gil, Gerard 6/15/21 0.9 500.00 $ 450.00 $ Participate on call with K. Bolanos (Diaz), L. Porter (ACG), J. Smith (ACG) and 

J. San Miguel (ACG) to discuss regulatory updates received from PREB related 

to initial budget amendments, terms of service and performance metrics in 

preparation for the bi-weekly mediation call.

PR

3 Porter, Lucas 6/15/21 0.6 570.00 $ 342.00 $ Participate on call with P. Crisalli (ACG) to discuss FY 2022 fiscal plan 

requirements to inform operational and financial reporting to FOMB.

Not in PR

25 Keys, Jamie 6/15/21 1.3 330.00 $ 429.00 $ Review the cash and liquidity section of the eleventh interim fee application. Not in PR

3 Porter, Lucas 6/15/21 1.4 570.00 $ 798.00 $ Participate in working session with R. Zampierollo (PREPA) and N. Marino 

(ACG) to revise the FY 2021 certified fiscal plan monthly report for May 2021.

Not in PR

3 Gil, Gerard 6/15/21 1.0 500.00 $ 500.00 $ Review the monthly fiscal plan implementation report for submission to FOMB. PR

50 Keys, Jamie 6/15/21 1.6 330.00 $ 528.00 $ Revise the monthly accounts receivable reporting package per discussion with 

T. Nance (ACG).

Not in PR

50 Smith, James 6/15/21 0.6 750.00 $ 450.00 $ Participate in discussion with J. San Miguel (ACG) regarding agenda updates 

for the bi-weekly mediation call related to regulatory, T&D commencement date 

and staffing updates.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 23 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 61 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 6/15/21 0.4 875.00 $ 350.00 $ Review the revised weekly cash flow forecast to provide comments to J. Keys 

(ACG).

Not in PR

2 Crisalli, Paul 6/15/21 0.4 875.00 $ 350.00 $ Prepare supporting analysis for J. Roque (Luma) and N. Morales (PREPA) 

regarding employee disbursements variance and other accounts payable payment 

trends and variances to budget.

Not in PR

3 Porter, Lucas 6/15/21 0.3 570.00 $ 171.00 $ Review questions from N. Marino (ACG) for R. Zampierollo (PREPA) related 

to FY 2021 certified fiscal plan monthly implementation reporting.

Not in PR

2 Crisalli, Paul 6/15/21 0.5 875.00 $ 437.50 $ Correspond with J. Roque (Luma) and N. Morales (PREPA) regarding employee 

disbursements to inform PREPA cash flow reporting.

Not in PR

3 Marino, 

Nicholas

6/15/21 2.1 495.00 $ 1,039.50 $ Revise PREPA monthly reporting for June 2021 fiscal plan implementation 

initiative submission following call with L. Porter (ACG) and R. Zampierollo 

(PREPA).

Not in PR

3 Porter, Lucas 6/15/21 1.1 570.00 $ 627.00 $ Review progress reports with data on vegetation management and street lighting 

provided by R. Zampierollo (PREPA) related to FY 2021 certified fiscal plan 

initiative implementation.

Not in PR

50 Nance, Terri 6/15/21 0.8 315.00 $ 252.00 $ Participate on telephone call with J. Keys (ACG) regarding changes to the 

monthly accounts receivable reporting package prior to distribution to P. Crisalli 

(ACG).

Not in PR

50 San Miguel, 

Jorge

6/15/21 0.6 620.00 $ 372.00 $ Participate in discussion with J. Smith (ACG) regarding agenda updates for the 

bi-weekly mediation call related to regulatory, T&D commencement date and 

staffing updates.

PR

3 Marino, 

Nicholas

6/15/21 1.2 495.00 $ 594.00 $ Review Chapter 9 - Operational Measures of the FOMB certified PREPA FY 

2021 fiscal plan for development of presentation materials requested by G. Gil 

(ACG) for PREPA management.

Not in PR

50 Smith, James 6/15/21 1.2 750.00 $ 900.00 $ Review news releases and reporting in regards to power outages and Luma 

transition in support of the creditor reporting workstream.

Not in PR

51 Keys, Jamie 6/15/21 0.8 330.00 $ 264.00 $ Review the latest emergency vendor invoice status report prior to discussions 

with E. Abbott (BD), M. DiConza (OMM) and Ankura professionals.

Not in PR

6 Gil, Gerard 6/15/21 0.7 500.00 $ 350.00 $ Review the Motion to Remand and other pleadings related to action to nullify 

the T&D O&M agreement to inform discussions with representatives of 

O'Melveny & Myers and PREPA management. 

PR

50 Smith, James 6/15/21 0.7 750.00 $ 525.00 $ Review PREB hearings and filings related to PREPA and Luma Emergency 

Response Plan in preparation for the 6/25/21 mediation call.

Not in PR

3 Marino, 

Nicholas

6/15/21 1.0 495.00 $ 495.00 $ Continue to develop PREPA monthly reporting for June 2021 fiscal plan 

implementation initiative analysis.

Not in PR

2 San Miguel, 

Jorge

6/15/21 1.1 620.00 $ 682.00 $ Participate on call with P. Crisalli (ACG) regarding PREPA cash flows and 

liquidity, restoration and reconstruction-related project worksheets, outstanding 

invoices and status of related reimbursements.

PR

3 Porter, Lucas 6/15/21 0.5 570.00 $ 285.00 $ Review comments and materials received from P. Crisalli (ACG) related to FY 

2022 fiscal plan reporting for cash flow and working capital accounts. 

Not in PR

3 Porter, Lucas 6/15/21 0.7 570.00 $ 399.00 $ Review updated monthly fuel cost report provided by T. Rivera (Luma) to 

inform updates to FY 2022 fiscal plan implementation reporting.

Not in PR

50 Smith, James 6/15/21 0.7 750.00 $ 525.00 $ Update draft notes and Q&A in preparation for the 6/25/21 mediation call. Not in PR

3 Porter, Lucas 6/15/21 1.2 570.00 $ 684.00 $ Revise the monthly generation analysis to incorporate updated fuel cost data 

received from T. Rivera (Luma) to inform FY 2022 fiscal plan implementation 

and reporting.

Not in PR

3 Gil, Gerard 6/15/21 1.3 500.00 $ 650.00 $ Review and provide comments to draft materials regarding the FY 2022 

certified fiscal plan circulated by N. Marino (PREPA) for PREPA management 

and other stakeholders. 

PR

2 Crisalli, Paul 6/15/21 1.1 875.00 $ 962.50 $ Participate on call with J. San Miguel (ACG) regarding PREPA cash flows and 

liquidity, restoration and reconstruction-related project worksheets, outstanding 

invoices and status of related reimbursements.

Not in PR

51 San Miguel, 

Jorge

6/16/21 0.4 620.00 $ 248.00 $ Participate on follow-up call with P. Crisalli (ACG) and N. Morales (PREPA) 

regarding restoration and reconstruction-related project worksheets, open 

invoices and potential reimbursements.

PR

2 San Miguel, 

Jorge

6/16/21 0.7 620.00 $ 434.00 $ Review and analyze potential vendor payments and related key terms to assess 

the impact on PREPA's liquidity position.

PR

3 Marino, 

Nicholas

6/16/21 0.6 495.00 $ 297.00 $ Review the bridge analysis received from the FOMB regarding the PREPA 

fiscal plan and budget financial projections.

Not in PR

2 Crisalli, Paul 6/16/21 0.6 875.00 $ 525.00 $ Finalize the cash flow reporting for week ended 6/11/21. Not in PR

6 Porter, Lucas 6/16/21 0.8 570.00 $ 456.00 $ Review data room documents related to due diligence for the P3 Authority 

generation transformation transaction RFP.

Not in PR

3 Porter, Lucas 6/16/21 1.0 570.00 $ 570.00 $ Review FY 2021 budget variance report data received from P. Clemente 

(PREPA) and A. Cabrera (FW) related to fiscal plan reporting.

Not in PR

25 Parker, 

Christine

6/16/21 1.1 200.00 $ 220.00 $ Assemble time descriptions for the period 6/6/21 - 6/12/21 for inclusion in the 

June 2021 monthly fee statement.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 24 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 62 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

51 Crisalli, Paul 6/16/21 0.8 875.00 $ 700.00 $ Participate on call with J. San Miguel (ACG), J. Keys (ACG), N. Morales 

(PREPA), E. Abbott (BD), M. DiConza (OMM) and representatives of AAFAF 

regarding restoration and reconstruction-related project worksheets, open 

invoices and potential reimbursements.

Not in PR

3 Porter, Lucas 6/16/21 0.3 570.00 $ 171.00 $ Analyze draft revenue projections prepared by J. Estrada (Luma) to inform FY 

2022 fiscal plan and budget reporting.

Not in PR

50 Keys, Jamie 6/16/21 0.8 330.00 $ 264.00 $ Prepare the weekly reporting package for distribution to creditors and other 

stakeholders.

Not in PR

3 Gil, Gerard 6/16/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) and AAFAF representatives to discuss 

PREPA operational improvement initiatives related to the FY 2022 certified 

fiscal plan.

PR

3 Gil, Gerard 6/16/21 0.2 500.00 $ 100.00 $ Review requests for information to FOMB related to the FY 2022 budget and 

fiscal plan reporting to provide input to L. Porter (ACG).

PR

50 Crisalli, Paul 6/16/21 1.2 875.00 $ 1,050.00 $ Participate on call with J. San Miguel (ACG) regarding restoration and 

reconstruction-related project worksheets, open invoices and potential 

reimbursements, PREPA cash flow and liquidity and other financial reporting 

issues in advance of the bi-weekly mediation call.

Not in PR

54 Keys, Jamie 6/16/21 0.9 330.00 $ 297.00 $ Participate on the weekly earthquake insurance claim update call with 

representatives from King & Spalding and Claro Group to discuss status, issues 

and challenges and next steps.

Not in PR

6 Porter, Lucas 6/16/21 1.3 570.00 $ 741.00 $ Participate on call with G. Gil (ACG) to discuss due diligence questions and 

documentation related to the P3 Authority generation transformation transaction 

RFP.

Not in PR

2 Keys, Jamie 6/16/21 0.3 330.00 $ 99.00 $ Review the weekly cash flow forecast sent to N. Morales (PREPA) by P. Crisalli 

(ACG).

Not in PR

6 Gil, Gerard 6/16/21 1.3 500.00 $ 650.00 $ Participate on call with L. Porter (ACG) to discuss due diligence questions and 

documentation related to the P3 Authority generation transformation transaction 

RFP.

PR

50 Crisalli, Paul 6/16/21 0.4 875.00 $ 350.00 $ Review the weekly accounts payable report to provide comments to J. Keys 

(ACG).

Not in PR

51 Keys, Jamie 6/16/21 0.8 330.00 $ 264.00 $ Participate on call with J. San Miguel (ACG), P. Crisalli (ACG), N. Morales 

(PREPA), E. Abbott (BD), M. DiConza (OMM) and representatives of AAFAF 

regarding restoration and reconstruction-related project worksheets, open 

invoices and potential reimbursements.

Not in PR

3 Marino, 

Nicholas

6/16/21 1.9 495.00 $ 940.50 $ Revise the PREPA FY 2022 Fiscal Plan Projections Overview financial model 

exhibits following working session with G. Gil (ACG) and L. Porter (ACG).

Not in PR

51 San Miguel, 

Jorge

6/16/21 0.8 620.00 $ 496.00 $ Participate on call with P. Crisalli (ACG), J. Keys (ACG), N. Morales (PREPA), 

E. Abbott (BD), M. DiConza (OMM) and representatives of AAFAF regarding 

restoration and reconstruction-related project worksheets, open invoices and 

potential reimbursements.

PR

2 Crisalli, Paul 6/16/21 0.5 875.00 $ 437.50 $ Review and update the July 2021 cash flow budget analysis for actual 

Renewable invoices for April and May 2021 by vendor.

Not in PR

50 San Miguel, 

Jorge

6/16/21 0.5 620.00 $ 310.00 $ Participate on call with J. Smith (ACG) to discuss developing generation 

outages and related reports received from PREPA and Luma representatives in 

preparation for the bi-weekly mediation call.

PR

50 Nance, Terri 6/16/21 0.6 315.00 $ 189.00 $ Participate on telephone call with J. Keys (ACG) regarding open issues for the 

weekly accounts payable aging report.

Not in PR

3 Porter, Lucas 6/16/21 0.9 570.00 $ 513.00 $ Review presentation materials related to PREPA.Net for discussion with G. Gil 

(ACG) and AAFAF related to FY 2022 certified fiscal plan improvement 

initiatives.

Not in PR

3 Gil, Gerard 6/16/21 0.9 500.00 $ 450.00 $ Review presentation materials related to PREPA Net for discussion with 

AAFAF related to FY 2022 certified fiscal plan improvement initiatives.

PR

3 Porter, Lucas 6/16/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) and AAFAF representatives to discuss 

PREPA operational improvement initiatives related to the FY 2022 certified 

fiscal plan.

Not in PR

50 Keys, Jamie 6/16/21 1.2 330.00 $ 396.00 $ Prepare the weekly FEMA flash report for the week ended 6/11/21 for review by 

P. Crisalli (ACG).

Not in PR

50 Smith, James 6/16/21 0.5 750.00 $ 375.00 $ Participate on call with J. San Miguel (ACG) to discuss developing generation 

outages and related reports received from PREPA and Luma representatives in 

preparation for the bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

6/16/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) to discuss audited financial 

statement issuance process developments.

PR

3 Gil, Gerard 6/16/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 fiscal plan and 

budget implementation.

PR

3 Porter, Lucas 6/16/21 0.5 570.00 $ 285.00 $ Prepare responding information to T. Rivera (Luma) related to generation costs 

to inform FY 2022 fiscal plan implementation reporting.

Not in PR

2 Crisalli, Paul 6/16/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

Exhibit C

July 30, 2021 / #PR00048 25 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 63 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 6/16/21 0.2 570.00 $ 114.00 $ Prepare questions to F. Bruno (FOMB) related to the PREPA FY 2022 budget 

materials.

Not in PR

6 Gil, Gerard 6/16/21 0.3 500.00 $ 150.00 $ Review the proposed legislation related to the execution of the P3 Authority 

generation transformation transaction.

PR

3 San Miguel, 

Jorge

6/16/21 0.4 620.00 $ 248.00 $ Review invoicing information from PREPA contractor provided by N. Morales 

(PREPA) to discuss impact on budget and cash flow projections.

PR

3 Porter, Lucas 6/16/21 0.7 570.00 $ 399.00 $ Prepare request for information to A. Cabrera (FW) and L. Matias (PREPA) 

related to the FY 2022 budget and fiscal plan reporting.

Not in PR

51 Keys, Jamie 6/16/21 0.2 330.00 $ 66.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to the 

weekly project worksheet status report.

Not in PR

3 Porter, Lucas 6/16/21 0.4 570.00 $ 228.00 $ Analyze the monthly generation costs report received from T. Rivera (Luma) to 

inform FY 2022 fiscal plan implementation reporting.

Not in PR

50 Keys, Jamie 6/16/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

50 Keys, Jamie 6/16/21 0.4 330.00 $ 132.00 $ Participate on telephone call with P. Morales (I&I) regarding supporting 

information provided to develop the weekly FEMA flash report.

Not in PR

51 Keys, Jamie 6/16/21 0.4 330.00 $ 132.00 $ Review the project worksheet status report provided by S. Diaz (ARI). Not in PR

50 Crisalli, Paul 6/16/21 0.5 875.00 $ 437.50 $ Review the FEMA flash report and related supporting documents to provide 

comments to J. Keys (ACG).

Not in PR

3 Porter, Lucas 6/16/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss the FY 2022 fiscal plan and 

budget implementation.

Not in PR

3 Porter, Lucas 6/16/21 0.4 570.00 $ 228.00 $ Review updated daily generation reports from G. Soto (Luma) for development 

of the generation operational report for the week ending 6/13/21 required by 

FOMB for FY 2021 certified fiscal plan reporting.

Not in PR

51 Crisalli, Paul 6/16/21 0.4 875.00 $ 350.00 $ Participate on follow-up call with J. San Miguel (ACG) and N. Morales 

(PREPA) regarding restoration and reconstruction-related project worksheets, 

open invoices and potential reimbursements.

Not in PR

3 Porter, Lucas 6/16/21 0.9 570.00 $ 513.00 $ Review the updated FY 2022 budget materials received from F. Bruno (FOMB). Not in PR

3 Marino, 

Nicholas

6/16/21 1.7 495.00 $ 841.50 $ Continue updating the PREPA FY 2022 Fiscal Plan Projections Overview 

presentation following working session with G. Gil (ACG) and L. Porter (ACG).

Not in PR

3 Gil, Gerard 6/16/21 0.6 500.00 $ 300.00 $ Participate in discussion with R. Zampierollo (PREPA) regarding FOMB 

requests for information regarding labor costs and related pension matters to 

advance FY 2022 fiscal plan implementation.

PR

50 San Miguel, 

Jorge

6/16/21 1.2 620.00 $ 744.00 $ Participate on call with P. Crisalli (ACG) regarding restoration and 

reconstruction-related project worksheets, open invoices and potential 

reimbursements, PREPA cash flow and liquidity and other financial reporting 

issues in advance of the bi-weekly mediation call.

PR

50 Keys, Jamie 6/16/21 0.6 330.00 $ 198.00 $ Participate on telephone call with T. Nance (ACG) regarding open issues for the 

weekly accounts payable aging report.

Not in PR

50 Keys, Jamie 6/16/21 1.4 330.00 $ 462.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to creditors.

Not in PR

3 Porter, Lucas 6/16/21 1.5 570.00 $ 855.00 $ Prepare generation operational report for the week ending 6/13/21 based on data 

from G. Soto (Luma) for A. Figueroa (FOMB), Y. Hickey (FOMB) and other 

FOMB representatives as required by the PREPA fiscal plan.

Not in PR

50 Keys, Jamie 6/17/21 0.7 330.00 $ 231.00 $ Review P. Crisalli (ACG) comments to the monthly accounts receivable reports. Not in PR

25 Parker, 

Christine

6/17/21 1.2 200.00 $ 240.00 $ Revise Exhibits A, B and C of the May 2021 monthly fee statement. Not in PR

3 Porter, Lucas 6/17/21 0.4 570.00 $ 228.00 $ Participate on call with R. Zampierollo (PREPA), N. Morales (PREPA) M. 

DiConza (OMM), M. Yassin (OMM), M. Meyer (AON), B. Law (AON), E. 

Rossiter (AON) and G. Gil (ACG) to discuss next steps related to the PREPA 

fiscal plan pension reform initiative.

Not in PR

3 San Miguel, 

Jorge

6/17/21 0.4 620.00 $ 248.00 $ Participate on call with G. Gil (ACG) regarding the updated list of reports and 

data due to FOMB for discussion with Luma representatives to ensure 

compliance with reporting cadence and obligations under the fiscal plan.

PR

3 Porter, Lucas 6/17/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss the FOMB letter regarding FY 

2022 fiscal plan financial projections and budget.

Not in PR

3 Porter, Lucas 6/17/21 1.0 570.00 $ 570.00 $ Prepare responding data with comments for T. Rivera (Luma) related to 

financial and operating statistics used to inform FY 2022 fiscal plan reporting.

Not in PR

3 Gil, Gerard 6/17/21 0.3 500.00 $ 150.00 $ Review the FOMB letter regarding updates to FY 2022 fiscal plan financial 

projections and budget.

PR

50 Crisalli, Paul 6/17/21 0.7 875.00 $ 612.50 $ Develop the accounts receivable summary reports for discussion with D. Miller 

(Luma) and N. Morales (PREPA).

Not in PR

50 San Miguel, 

Jorge

6/17/21 0.8 620.00 $ 496.00 $ Review outage incidents report to inform the discussion points for the 6/25/21 

mediation call.

PR

Exhibit C

July 30, 2021 / #PR00048 26 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 64 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 6/17/21 0.5 570.00 $ 285.00 $ Review draft presentation materials received from N. Marino (ACG) related to 

FY 2022 fiscal plan implementation and reporting for PREPA management.

Not in PR

50 Porter, Lucas 6/17/21 0.3 570.00 $ 171.00 $ Participate on call with J. Smith (ACG) to discuss PREPA operational updates 

in preparation for the 6/25/21 mediation call. 

Not in PR

3 Gil, Gerard 6/17/21 0.4 500.00 $ 200.00 $ Participate on call with R. Zampierollo (PREPA), N. Morales (PREPA) M. 

DiConza (OMM), M. Yassin (OMM), M. Meyer (AON), B. Law (AON), E. 

Rossiter (AON) and L. Porter (ACG) to discuss next steps related to the PREPA 

fiscal plan pension reform initiative.

PR

50 San Miguel, 

Jorge

6/17/21 0.9 620.00 $ 558.00 $ Review updated agenda and requests for information in preparation for the biweekly mediation call.PR

3 Gil, Gerard 6/17/21 0.5 500.00 $ 250.00 $ Review updated draft presentation materials received from N. Marino (ACG) 

related to FY 2022 fiscal plan implementation and reporting for PREPA 

management.

PR

3 Porter, Lucas 6/17/21 1.6 570.00 $ 912.00 $ Analyze FY 2021 financial data received from P. Clemente (PREPA) and A. 

Cabrera (FW) to inform FY 2022 fiscal plan reporting.

Not in PR

3 Marino, 

Nicholas

6/17/21 1.4 495.00 $ 693.00 $ Review Chapters 10 and 11 - Resource Planning and Resiliency and Capital 

Planning of the FOMB certified PREPA FY 2021 fiscal plan to inform revisions 

to presentation materials requested by G. Gil (ACG) for PREPA management.

Not in PR

50 Smith, James 6/17/21 0.8 750.00 $ 600.00 $ Review material related to the Luma June 2021 budget received from K. 

Bolanos (DV) and update draft notes for the 6/25/21 mediation call.

Not in PR

50 Marino, 

Nicholas

6/17/21 0.9 495.00 $ 445.50 $ Aggregate PREPA related news for J. Smith (ACG) to inform discussion 

materials for the next mediation call.

Not in PR

3 Marino, 

Nicholas

6/17/21 1.6 495.00 $ 792.00 $ Update PREPA FY 2022 Fiscal Plan Projections Overview presentation 

following working session with L. Porter (ACG).

Not in PR

2 Crisalli, Paul 6/17/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) to review and discuss the accounts 

receivable analysis report and coordination with Luma representatives.

Not in PR

3 Gil, Gerard 6/17/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss the FOMB letter regarding 

FY 2022 fiscal plan financial projections and budget.

PR

3 Gil, Gerard 6/17/21 0.4 500.00 $ 200.00 $ Participate on call with J. San Miguel (ACG) regarding the updated list of 

reports and data due to FOMB for discussion with Luma representatives to 

ensure compliance with reporting cadence and obligations under the fiscal plan.

PR

6 Gil, Gerard 6/17/21 1.0 500.00 $ 500.00 $ Review P3 Authority generation transformation transaction data room 

documents and correspondence.

PR

3 Marino, 

Nicholas

6/17/21 0.2 495.00 $ 99.00 $ Revise PREPA FY 2022 Fiscal Plan Projections Overview financial model 

exhibits following working session with L. Porter (ACG).

Not in PR

50 Crisalli, Paul 6/17/21 1.6 875.00 $ 1,400.00 $ Review the May 2021 monthly accounts receivable reports by customer class 

and provide comments to J. Keys (ACG).

Not in PR

50 Porter, Lucas 6/17/21 0.9 570.00 $ 513.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss the status 

of generation system operations in preparation for the 6/25/21 mediation call.

Not in PR

3 San Miguel, 

Jorge

6/17/21 0.4 620.00 $ 248.00 $ Review updated list of reporting data prepared by L. Porter (ACG) and P. 

Crisalli (ACG) for discussion with Luma representatives.

PR

3 Porter, Lucas 6/17/21 0.3 570.00 $ 171.00 $ Review letter from FOMB provided by Y. Hickey (FOMB) regarding updates to 

FY 2022 fiscal plan financial projections and budget.

Not in PR

50 Keys, Jamie 6/17/21 0.9 330.00 $ 297.00 $ Prepare submission of the weekly Excel files for reporting to the FOMB. Not in PR

3 Porter, Lucas 6/17/21 0.6 570.00 $ 342.00 $ Analyze FY 2022 budget materials received from F. Bruno (FOMB) describing 

variances and change drivers from FOMB.

Not in PR

25 Keys, Jamie 6/17/21 1.0 330.00 $ 330.00 $ Review the draft of the May 2021 monthly fee statement provided by C. Parker 

(ACG).

Not in PR

2 San Miguel, 

Jorge

6/17/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) to review and discuss the accounts 

receivable analysis report and coordination with Luma representatives.

PR

50 San Miguel, 

Jorge

6/17/21 0.5 620.00 $ 310.00 $ Participate on call with creditor representatives regarding updates on PREPA 

fiscal plan initiatives and transformation developments.

PR

3 Marino, 

Nicholas

6/17/21 0.8 495.00 $ 396.00 $ Participate in working session with L. Porter (ACG) to revise presentation 

materials related to FY 2022 fiscal plan implementation and reporting for 

PREPA management.

Not in PR

50 Crisalli, Paul 6/17/21 3.5 875.00 $ 3,062.50 $ Update the accounts receivable-related trend reports to inform creditor and cash 

flow and liquidity-related reporting.

Not in PR

3 Porter, Lucas 6/17/21 0.7 570.00 $ 399.00 $ Review updated draft presentation materials from N. Marino (ACG) related to 

FY 2022 fiscal plan implementation and reporting for PREPA management.

Not in PR

50 Keys, Jamie 6/17/21 0.8 330.00 $ 264.00 $ Revise the commercial accounts receivable file per comments provided by P. 

Crisalli (ACG).

Not in PR

Exhibit C

July 30, 2021 / #PR00048 27 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 65 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 6/17/21 0.3 500.00 $ 150.00 $ Review the FY 2022 budget materials received from F. Bruno (FOMB) 

describing variances and change drivers from the FOMB.

PR

3 Porter, Lucas 6/17/21 0.8 570.00 $ 456.00 $ Participate in working session with N. Marino (ACG) to revise presentation 

materials related to FY 2022 fiscal plan implementation and reporting for 

PREPA management.

Not in PR

3 Porter, Lucas 6/17/21 0.4 570.00 $ 228.00 $ Review updated generation cost projection data prepared by R. Acosta (Luma) 

provided by P. Crisalli (ACG) to inform FY 2022 fiscal plan projections and 

reporting updates.

Not in PR

50 San Miguel, 

Jorge

6/17/21 0.3 620.00 $ 186.00 $ Review updated report provided by J. Smith (ACG) regarding operational task 

apportionment between PREPA and Luma to inform the agenda for the next 

mediation call.

PR

50 Smith, James 6/17/21 0.9 750.00 $ 675.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss the 

status of generation system operations in preparation for the 6/25/21 mediation 

call.

Not in PR

3 Marino, 

Nicholas

6/17/21 1.2 495.00 $ 594.00 $ Revise PREPA FY 2022 Fiscal Plan Projections Overview presentation ahead of 

working session with L. Porter (ACG) .

Not in PR

54 Keys, Jamie 6/17/21 0.9 330.00 $ 297.00 $ Participate on the weekly earthquake insurance claim update call with 

representatives from King & Spalding and Claro Group to discuss status, issues 

and challenges and next steps.

Not in PR

3 Porter, Lucas 6/17/21 0.2 570.00 $ 114.00 $ Participate on call with P. Clemente (Luma) to discuss FY 2021 financial data to 

inform FY 2022 fiscal plan reporting.

Not in PR

50 Smith, James 6/17/21 0.3 750.00 $ 225.00 $ Participate on call with L. Porter (ACG) to discuss PREPA operational updates 

in preparation for the 6/25/21 mediation call. 

Not in PR

3 Crisalli, Paul 6/17/21 0.6 875.00 $ 525.00 $ Prepare the cash flow and liquidity related post-certification fiscal plan reports 

for week ended 6/11/21.

Not in PR

50 Smith, James 6/18/21 1.1 750.00 $ 825.00 $ Prepare the fleet status report for N. Rivera (PREPA) and Ankura team in 

support of the creditor reporting workstream. 

Not in PR

3 San Miguel, 

Jorge

6/18/21 0.9 620.00 $ 558.00 $ Review information provided by N. Morales (PREPA) from FPV & Galindez 

and KPMG related to unbundling accounting regulation and impact on PREPA 

2018 financials.

PR

2 Crisalli, Paul 6/18/21 2.1 875.00 $ 1,837.50 $ Review and update the July 2021 cash flow budget analysis for actual payments 

by invoice made to Renewable suppliers.

Not in PR

3 San Miguel, 

Jorge

6/18/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Morales (PREPA) updates provided by KPMG 

related to 2018 financial statement audit completion and unbundling regulated 

accounting rule.

PR

50 Smith, James 6/18/21 0.8 750.00 $ 600.00 $ Update creditor call notes with information regarding the 6/10/21 and 6/16/21 

system outages in preparation for the 6/25/21 mediation call.

Not in PR

6 Gil, Gerard 6/19/21 0.8 500.00 $ 400.00 $ Review the T&D O&M agreement to address requests for input received from F. 

Padilla (PREPA).

PR

6 Gil, Gerard 6/19/21 0.2 500.00 $ 100.00 $ Review correspondence received from F. Padilla (PREPA) regarding the T&D 

transformation transaction implementation. 

PR

6 Gil, Gerard 6/19/21 0.5 500.00 $ 250.00 $ Participate on call with F. Padilla (PREPA) to discuss T&D O&M agreement 

implementation matters.

PR

25 Parker, 

Christine

6/21/21 0.6 200.00 $ 120.00 $ Participate on telephone call with J. Keys (ACG) regarding changes to the 

eleventh interim fee application.

Not in PR

3 Porter, Lucas 6/21/21 1.1 570.00 $ 627.00 $ Analyze budget variance materials with comments from F. Bruno (FOMB) 

related to FY 2022 budget revision.

Not in PR

3 Gil, Gerard 6/21/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss next steps on update to the 

FY 2022 budget requested by FOMB.

PR

6 San Miguel, 

Jorge

6/21/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding initial view on responses 

to requests for information requested by F. Padilla (PREPA) related to 

Generation system contracts.

PR

6 Gil, Gerard 6/21/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding initial view on 

responses to requests for information requested by F. Padilla (PREPA) related to 

Generation system contracts.

PR

6 San Miguel, 

Jorge

6/21/21 1.4 620.00 $ 868.00 $ Prepare outline of key considerations under the T&D O&M agreement for 

discussion with F. Padilla (PREPA) to support response to generation facility 

regarding Luma role following commencement date.

PR

3 Gil, Gerard 6/21/21 0.7 500.00 $ 350.00 $ Analyze budget variance materials from FOMB related to the FY 2022 budget 

revision.

PR

2 Crisalli, Paul 6/21/21 0.8 875.00 $ 700.00 $ Develop correspondence to N. Morales (PREPA) and J. Roque (Luma) 

regarding PREPA's weekly cash flow budget-to-actual amounts and related 

trends.

Not in PR

3 Porter, Lucas 6/21/21 0.7 570.00 $ 399.00 $ Prepare the final FY 2022 budget submittal package with cover notice for R. 

Zampierollo (PREPA) to submit to Y. Hickey (FOMB), F. Bruno (FOMB) and 

other FOMB representatives as required by the 5/17/21 FOMB letter to PREPA.

Not in PR

2 Crisalli, Paul 6/21/21 0.3 875.00 $ 262.50 $ Review and update the July 2021 cash flow budget analysis for recent payments 

made to Co-generation suppliers.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 28 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 66 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Smith, James 6/21/21 0.2 750.00 $ 150.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

25 Keys, Jamie 6/21/21 0.6 330.00 $ 198.00 $ Participate on telephone call with C. Parker (ACG) regarding changes to the 

eleventh interim fee application.

Not in PR

2 Crisalli, Paul 6/21/21 0.8 875.00 $ 700.00 $ Review the daily cash flow and daily bank balances provided by PREPA 

Treasury to inform the weekly cash flow reports.

Not in PR

3 Crisalli, Paul 6/21/21 1.0 875.00 $ 875.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

2 Crisalli, Paul 6/21/21 0.4 875.00 $ 350.00 $ Review and update the July 2021 cash flow budget analysis for recent payments 

made to LNG suppliers.

Not in PR

2 Keys, Jamie 6/21/21 1.2 330.00 $ 396.00 $ Prepare the weekly cash flow outputs for the week ended 6/18/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 6/21/21 0.8 570.00 $ 456.00 $ Prepare responding comments for Y. Hickey (FOMB), P. Ludwig (MCK), and 

other FOMB representatives related to FY 2022 budget revision required by 

FOMB.

Not in PR

2 Crisalli, Paul 6/21/21 1.2 875.00 $ 1,050.00 $ Review and update the July 2021 cash flow budget analysis for recent payments 

made to fleet and storage suppliers.

Not in PR

3 Keys, Jamie 6/21/21 0.5 330.00 $ 165.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting (partial).

Not in PR

2 Keys, Jamie 6/21/21 0.4 330.00 $ 132.00 $ Revise the cash flow outputs for the week ended 6/18/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 6/21/21 1.0 570.00 $ 570.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 San Miguel, 

Jorge

6/21/21 0.6 620.00 $ 372.00 $ Review the ERS financial statement FY 2020 report provided by N. Morales 

(PREPA) to inform the pension reform initiative under the FY 2022 certified 

fiscal plan.

PR

3 Porter, Lucas 6/21/21 0.2 570.00 $ 114.00 $ Participate on call with R. Zampierollo (PREPA) to discuss FY 2022 budget 

deliverable to FOMB.

Not in PR

25 Keys, Jamie 6/21/21 1.5 330.00 $ 495.00 $ Review the May 2021 fee statement for May 1-15 provided by C. Parker (ACG). Not in PR

3 Crisalli, Paul 6/21/21 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) information from FPV & 

Galindez provided by N. Morales (PREPA) regarding audited 2018 financial 

statements and GASB 62 matters.

Not in PR

3 San Miguel, 

Jorge

6/21/21 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) information from FPV & 

Galindez provided by N. Morales (PREPA) regarding audited 2018 financial 

statements and GASB 62 matters.

PR

6 Gil, Gerard 6/21/21 0.1 500.00 $ 50.00 $ Review requests received from F. Padilla (PREPA) regarding the T&D O&M 

agreement.

PR

3 Gil, Gerard 6/21/21 2.1 500.00 $ 1,050.00 $ Review and analyze the strategic plan from PREPA Net's management team, as 

well as other background information, in order to respond to requests for 

information received from AAFAF.

PR

3 San Miguel, 

Jorge

6/21/21 0.8 620.00 $ 496.00 $ Review the presentation from FPV & Galindez provided by N. Morales 

(PREPA) regarding audited 2018 financial statements and GASB 62 matters.

PR

3 Crisalli, Paul 6/21/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) to discuss requests received from 

representatives of AAFAF related to the status update report on PREPA fiscal 

plan, financials, operation and transformation initiatives.

Not in PR

25 Keys, Jamie 6/21/21 1.5 330.00 $ 495.00 $ Review the May 2021 fee statement for May 16-21 provided by C. Parker 

(ACG).

Not in PR

3 San Miguel, 

Jorge

6/21/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) to discuss requests received from 

representatives of AAFAF related to the status update report on PREPA fiscal 

plan, financials, operation and transformation initiatives.

PR

3 Porter, Lucas 6/21/21 1.2 570.00 $ 684.00 $ Analyze shared services worksheet provided by A. Engbloom (Luma) to inform 

revisions to FY 2022 budget submittal for FOMB.

Not in PR

6 Gil, Gerard 6/21/21 0.9 500.00 $ 450.00 $ Review the T&D O&M agreement in order to draft responses to requests 

received from F. Padilla (PREPA) regarding the implementation of the same.

PR

3 Smith, James 6/21/21 0.5 750.00 $ 375.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting (partial).

Not in PR

2 Crisalli, Paul 6/21/21 2.0 875.00 $ 1,750.00 $ Update July 2021 cash flow budget dispatch model based on PROMOD 

simulation and compare results to FY 2022 certified budget.

Not in PR

50 San Miguel, 

Jorge

6/21/21 0.3 620.00 $ 186.00 $ Review updated cash flow report provided by P. Crisalli (ACG) to inform the 

6/25/21 mediation call.

PR

3 Gil, Gerard 6/21/21 0.9 500.00 $ 450.00 $ Review and analyze requests for information received from FOMB related to the 

Voluntary Transition Program (VTP) and responding data worksheets to prepare 

draft responses.

PR

3 Gil, Gerard 6/21/21 0.6 500.00 $ 300.00 $ Research latest events regarding legislative action related to oversight of the 

T&D transaction to assess potential impact on FY 2022 fiscal plan 

implementation.

PR

Exhibit C

July 30, 2021 / #PR00048 29 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 67 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 6/21/21 1.1 875.00 $ 962.50 $ Review and update the July 2021 cash flow budget analysis for recent payments 

made to Freepoint and updated forecasted Freepoint payments based on the 

6/10/21 master payment schedule.

Not in PR

2 Crisalli, Paul 6/21/21 0.5 875.00 $ 437.50 $ Review the weekly cash flow forecast to provide comments to J. Keys (ACG). Not in PR

3 Porter, Lucas 6/21/21 2.7 570.00 $ 1,539.00 $ Revise FY 2022 fiscal plan and budget analysis for R. Zampierollo (PREPA) to 

submit to FOMB as required by the May 17th FOMB letter to PREPA.

Not in PR

3 Porter, Lucas 6/21/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss next steps on update to the FY 

2022 budget requested by FOMB.

Not in PR

3 San Miguel, 

Jorge

6/21/21 1.0 620.00 $ 620.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

3 Gil, Gerard 6/21/21 0.8 500.00 $ 400.00 $ Review and analyze FY 2019 PREPA Net's financial statements in order to 

respond to requests for information received from AAFAF.

PR

3 Gil, Gerard 6/21/21 0.2 500.00 $ 100.00 $ Participate in discussion with N. Morales (PREPA) regarding PREPA Net's 

financial results to respond to requests for information received from AAFAF 

and FOMB.

PR

3 Gil, Gerard 6/21/21 0.2 500.00 $ 100.00 $ Review requests for information received from L. Matias (PREPA) regarding 

the FY 2021 - FY 2022 budgets.

PR

6 San Miguel, 

Jorge

6/21/21 1.7 620.00 $ 1,054.00 $ Review the T&D O&M agreement to respond to request for information from F. 

Padilla (PREPA) regarding generation system contracts.

PR

2 Crisalli, Paul 6/21/21 0.8 875.00 $ 700.00 $ Develop templates for the cash flow and liquidity reports for week ended 

6/18/21.

Not in PR

2 Crisalli, Paul 6/21/21 0.7 875.00 $ 612.50 $ Review and update the July 2021 cash flow budget analysis for forecasted 

PUMA payments based on the 6/10/21 master payment schedule.

Not in PR

50 Keys, Jamie 6/21/21 0.5 330.00 $ 165.00 $ Participate on telephone call with N. Ortiz (I&I) regarding updates to the 

emergency supplier invoice status file for use in the weekly FEMA flash report.

Not in PR

3 Gil, Gerard 6/21/21 1.0 500.00 $ 500.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

2 Keys, Jamie 6/21/21 0.7 330.00 $ 231.00 $ Participate on telephone call with S. Diaz (ARI) regarding expected streetlight 

payments and timing of reimbursement for use in the weekly cash flow reports.

Not in PR

3 Porter, Lucas 6/22/21 0.5 570.00 $ 285.00 $ Revise the financial analysis for G. Gil (ACG) related to PREPA assets and 

valuations for FY 2022 fiscal plan implementation.

Not in PR

3 Gil, Gerard 6/22/21 0.3 500.00 $ 150.00 $ Review and analyze the real estate assets list received from PREPA to address 

requests for information from FOMB to advance FY 2022 fiscal plan 

implementation.

PR

3 Porter, Lucas 6/22/21 1.3 570.00 $ 741.00 $ Participate in working session with G. Gil (ACG) to develop analyses and 

talking points in preparation for call with FOMB and AAFAF related to FY 

2022 fiscal plan implementation.

Not in PR

3 Porter, Lucas 6/22/21 0.4 570.00 $ 228.00 $ Prepare and send responding information provided by P. Crisalli (ACG) to Y. 

Hickey (FOMB) related to PREPA account funding for fiscal plan 

implementation.

Not in PR

6 Gil, Gerard 6/22/21 0.4 500.00 $ 200.00 $ Participate on call with F. Chapados (Citi) to discuss the P3 Authority 

generation transformation transaction and valuation of PREPA assets.

PR

2 Keys, Jamie 6/22/21 0.2 330.00 $ 66.00 $ Correspond with S. Rodriguez (PREPA) regarding the upcoming insurance 

premium payments for the July 2021 cash flow budget.

Not in PR

3 Crisalli, Paul 6/22/21 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan reporting 

requirements and data sources.

Not in PR

6 Gil, Gerard 6/22/21 0.3 500.00 $ 150.00 $ Participate on call with F. Padilla (PREPA) to discuss FOMB approvals related 

to the T&D O&M agreement and implementation of the fuel procurement 

initiative.

PR

2 Crisalli, Paul 6/22/21 0.4 875.00 $ 350.00 $ Prepare for call with N. Morales (PREPA) regarding PREPA cash flow and 

liquidity reporting and work plan for the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 6/22/21 0.5 570.00 $ 285.00 $ Review comments from P. Crisalli (ACG) and R. Acosta (Luma) related to the 

generation cost projections used to inform updates to FY 2022 fiscal plan 

reports and projections.

Not in PR

3 Porter, Lucas 6/22/21 0.3 570.00 $ 171.00 $ Participate on call with P. Crisalli (ACG) to discuss FY 2022 fiscal plan 

reporting requirements in advance of discussion with Luma.

Not in PR

2 Crisalli, Paul 6/22/21 3.1 875.00 $ 2,712.50 $ Update the detailed work plan, timeline and requests for information related to 

PREPA's July 2021 cash flow budget for D. Miller (Luma) and N. Morales 

(PREPA).

Not in PR

3 Porter, Lucas 6/22/21 1.1 570.00 $ 627.00 $ Analyze the updated monthly fuel consumption and cost report received from T. 

Rivera (Luma) to inform FY 2022 fiscal plan projection revisions and reports.

Not in PR

51 Keys, Jamie 6/22/21 0.5 330.00 $ 165.00 $ Participate on the weekly conference call with various representatives of King & 

Spalding, PREPA and other PREPA advisors to discuss federal funding matters, 

challenges and next steps.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 30 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 68 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 6/22/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss next steps from call with 

FOMB and AAFAF related to FY 2022 fiscal plan implementation.

PR

3 Porter, Lucas 6/22/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss the requested analysis of 

PREPA assets from FOMB and AAFAF representatives.

Not in PR

2 Crisalli, Paul 6/22/21 1.3 875.00 $ 1,137.50 $ Participate on call with various Luma representatives regarding PREPA's cash 

flow forecast, accounts receivable and accounts payable reports.

Not in PR

3 Gil, Gerard 6/22/21 0.3 500.00 $ 150.00 $ Review the initial draft financial analysis received from L. Porter (ACG) related 

to the PREPA assets and valuations to advance FY 2022 fiscal plan 

implementation.

PR

3 Porter, Lucas 6/22/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) to discuss FY 2022 fiscal plan 

reporting requirements and data sources.

Not in PR

2 Crisalli, Paul 6/22/21 0.9 875.00 $ 787.50 $ Review the PREPA AEE-Meta file and March 2021 monthly operating report to 

inform the July 2021 cash flow budget.

Not in PR

50 Gil, Gerard 6/22/21 0.9 500.00 $ 450.00 $ Review the Luma latest PREB filings and other related materials to inform 

development of discussion points for the upcoming creditor mediation call.

PR

3 Crisalli, Paul 6/22/21 0.3 875.00 $ 262.50 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan reporting 

requirements in advance of discussion with Luma.

Not in PR

3 Porter, Lucas 6/22/21 0.6 570.00 $ 342.00 $ Prepare responding information for L. Londono (Luma) related to financial 

assumptions used in the FY 2021 certified fiscal plan.

Not in PR

3 Porter, Lucas 6/22/21 1.0 570.00 $ 570.00 $ Analyze the PREPA historical financial statements provided by G. Gil (ACG) in 

preparation for call with FOMB and AAFAF representatives related to FY 2022 

fiscal plan implementation.

Not in PR

50 Smith, James 6/22/21 0.6 750.00 $ 450.00 $ Update draft discussion notes for the 6/25/21 mediation call based on legislative 

and executive branch updates including updated COVID-related executive 

order.

Not in PR

25 Parker, 

Christine

6/22/21 1.4 200.00 $ 280.00 $ Update the eleventh interim fee application for time and expense information 

requested by J. Keys (ACG).

Not in PR

50 Smith, James 6/22/21 1.3 750.00 $ 975.00 $ Update draft discussion notes for the 6/25/21 mediation call based on comments 

and information received from the Ankura team.

Not in PR

3 Gil, Gerard 6/22/21 1.5 500.00 $ 750.00 $ Participate on call with P. Possinger (Proskauer), E. Barak (Proskauer), D. 

Brownstein (Citi), J. Castiglioni (Citi), J. Gavin (Citi), M. DiConza (OMM), L. 

Porter (ACG) and representatives of AAFAF to discuss PREPA assets and 

valuations for FY 2022 fiscal plan implementation.

PR

3 Gil, Gerard 6/22/21 1.8 500.00 $ 900.00 $ Finalize review and analysis of PREPA Net financial results for FY 2022 and 

related materials to inform upcoming meeting with FOMB.

PR

2 Keys, Jamie 6/22/21 0.2 330.00 $ 66.00 $ Correspond with V. Rivera (Luma) regarding the PUMA reports for the July 

2021 cash flow budget.

Not in PR

3 Porter, Lucas 6/22/21 1.4 570.00 $ 798.00 $ Revise the monthly generation analysis to incorporate latest generation cost data 

received from T. Rivera (Luma) to inform revisions to FY 2022 fiscal plan 

projections and reporting. 

Not in PR

6 Gil, Gerard 6/22/21 1.6 500.00 $ 800.00 $ Review draft findings from J. San Miguel (ACG) regarding the T&D O&M 

agreement's treatment of the purchased power analysis and prepare revisions for 

submittal to client.

PR

2 Crisalli, Paul 6/22/21 1.2 875.00 $ 1,050.00 $ Develop analysis of PROMOD dispatch model compared to the PREPA Fuels 

Office master payment schedule to inform the July 2021 cash flow budget and 

provide comments to PREPA and Luma representatives.

Not in PR

2 Crisalli, Paul 6/22/21 0.5 875.00 $ 437.50 $ Participate on call with N. Morales (PREPA) regarding PREPA cash flow and 

liquidity reporting and work plan for the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 6/22/21 1.5 570.00 $ 855.00 $ Participate on call with P. Possinger (Proskauer), E. Barak (Proskauer), D. 

Brownstein (Citi), J. Castiglioni (Citi), J. Gavin (Citi), M. DiConza (OMM), G. 

Gil (ACG) and representatives of AAFAF to discuss PREPA assets and 

valuations for FY 2022 fiscal plan implementation.

Not in PR

2 Keys, Jamie 6/22/21 0.2 330.00 $ 66.00 $ Correspond with E. Barbosa (PREPA) regarding the NFE and Naturgy invoices 

for the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 6/22/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss next steps from call with 

FOMB and AAFAF related to FY 2022 fiscal plan implementation.

Not in PR

2 Crisalli, Paul 6/22/21 0.2 875.00 $ 175.00 $ Correspond with J. Keys (ACG) regarding the work plan and requests for 

information regarding the PREPA July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 6/22/21 0.5 570.00 $ 285.00 $ Prepare and send responding financial information to A. Cabrera (FW) related to 

FY 2022 fiscal plan reporting.

Not in PR

3 Gil, Gerard 6/22/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the requested analysis of 

PREPA assets from FOMB and AAFAF representatives.

PR

25 Parker, 

Christine

6/22/21 0.5 200.00 $ 100.00 $ Participate on telephone call with J. Keys (ACG) regarding changes to the 

eleventh interim fee application.

Not in PR

25 Keys, Jamie 6/22/21 0.5 330.00 $ 165.00 $ Participate on telephone call with C. Parker (ACG) regarding changes to the 

eleventh interim fee application.

Not in PR

2 Keys, Jamie 6/22/21 0.4 330.00 $ 132.00 $ Review the requested cash flow budget materials provided by P. Crisalli (ACG). Not in PR

Exhibit C

July 30, 2021 / #PR00048 31 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 69 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

25 Keys, Jamie 6/22/21 1.0 330.00 $ 330.00 $ Review and revise the eleventh interim fee application prior to discussion with 

C. Parker (ACG).

Not in PR

6 Porter, Lucas 6/22/21 0.2 570.00 $ 114.00 $ Prepare responses to requests for information received from L. Bledin (S&L) 

related to historical financial information to inform the P3 Authority generation 

transformation transaction due diligence documents.

Not in PR

25 Keys, Jamie 6/22/21 0.7 330.00 $ 231.00 $ Revise the May 2021 monthly fee statement per comments provided by P. 

Crisalli (ACG).

Not in PR

25 Keys, Jamie 6/22/21 1.2 330.00 $ 396.00 $ Review the May 2021 monthly fee statement provided by C. Parker (ACG) for 

the period 5/22/21 - 5/31/21.

Not in PR

3 Gil, Gerard 6/22/21 1.3 500.00 $ 650.00 $ Participate in working session with L. Porter (ACG) to develop analyses and 

talking points in preparation for call with FOMB and AAFAF related to FY 

2022 fiscal plan implementation.

PR

2 Crisalli, Paul 6/23/21 0.2 875.00 $ 175.00 $ Correspond with N. Morales (PREPA) and J. Roque (Luma) regarding the July 

2021 cash flow budget work plan and request for information.

Not in PR

50 Keys, Jamie 6/23/21 1.1 330.00 $ 363.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to creditors.

Not in PR

3 Gil, Gerard 6/23/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss materials provided by R. 

Auli (PREPA) related to the FY 2022 budget revisions.

PR

3 Gil, Gerard 6/23/21 0.6 500.00 $ 300.00 $ Analyze the updated FY 2022 budget analysis to assess requested changes from 

FOMB.

PR

2 Keys, Jamie 6/23/21 0.7 330.00 $ 231.00 $ Participate on call with P. Crisalli (ACG) and L. Porter (ACG) regarding the 

July 2021 cash flow budget work plan and request for information.

Not in PR

50 San Miguel, 

Jorge

6/23/21 0.2 620.00 $ 124.00 $ Correspond with N. Morales (PREPA) and J. Roque (Luma) regarding the cash 

flow update information in preparation for the bi-weekly mediation call.

PR

3 Gil, Gerard 6/23/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 budget revisions 

required by FOMB.

PR

3 Gil, Gerard 6/23/21 0.2 500.00 $ 100.00 $ Review updated information on shared services provided by Luma to inform the 

FY 2022 budget update.

PR

3 Porter, Lucas 6/23/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss materials provided by R. Auli 

(PREPA) related to the FY 2022 budget revisions.

Not in PR

3 Gil, Gerard 6/23/21 0.7 500.00 $ 350.00 $ Prepare for upcoming FOMB call regarding revisions to the PREPA FY 2022 

budget.

PR

3 Porter, Lucas 6/23/21 0.3 570.00 $ 171.00 $ Participate on call with R. Zampierollo (PREPA) to discuss the FY 2022 budget 

revisions required by FOMB.

Not in PR

50 San Miguel, 

Jorge

6/23/21 0.7 620.00 $ 434.00 $ Review summary mediation call agenda outline from J. Smith (ACG) and edit 

response to provide to AAFAF prior to discussion with creditors.

PR

3 Gil, Gerard 6/23/21 0.8 500.00 $ 400.00 $ Review and analyze the draft financial model sent by L. Porter (ACG) regarding 

PREPA Net financial results and projections to inform discussions with FOMB 

and AAFAF.

PR

50 Crisalli, Paul 6/23/21 0.2 875.00 $ 175.00 $ Review the FEMA flash report and related supporting documents to provide 

comments to J. Keys (ACG).

Not in PR

2 Crisalli, Paul 6/23/21 0.7 875.00 $ 612.50 $ Participate on call with J. Keys (ACG) and L. Porter (ACG) regarding the July 

2021 cash flow budget work plan and request for information.

Not in PR

3 Porter, Lucas 6/23/21 0.6 570.00 $ 342.00 $ Analyze updated data received from Y. Hickey (FOMB) related to the PREPA 

FY 2022 non-labor budget expenses.

Not in PR

3 Gil, Gerard 6/23/21 0.3 500.00 $ 150.00 $ Participate in discussion with L. Matias (PREPA) regarding HoldCo and GenCo 

labor benefits updated costs to respond to requests for information received 

from FOMB.

PR

2 Keys, Jamie 6/23/21 0.3 330.00 $ 99.00 $ Review the weekly cash flow forecast sent to N. Morales (PREPA) by P. Crisalli 

(ACG).

Not in PR

3 Porter, Lucas 6/23/21 0.6 570.00 $ 342.00 $ Review updated daily generation reports from G. Soto (PREPA) for 

development of the generation operational report for the week ending 6/20/21 

required by the FY 2021 certified fiscal plan.

Not in PR

2 Porter, Lucas 6/23/21 0.7 570.00 $ 399.00 $ Participate on call with J. Keys (ACG) and P. Crisalli (ACG) regarding the July 

2021 cash flow budget work plan and request for information.

Not in PR

3 Keys, Jamie 6/23/21 0.2 330.00 $ 66.00 $ Correspond with N. Morales (PREPA) regarding the request from F. Hernandez 

(FOMB) for the latest Government accounts receivable report for use in the 

Commonwealth budget.

Not in PR

51 San Miguel, 

Jorge

6/23/21 0.3 620.00 $ 186.00 $ Participate on telephone call with J. Keys (ACG) regarding updates to federal 

funding prior to discussion with S. Diaz (ARI).

PR

51 Keys, Jamie 6/23/21 0.4 330.00 $ 132.00 $ Review the project worksheet status report provided by S. Diaz (ARI). Not in PR

50 Smith, James 6/23/21 0.5 750.00 $ 375.00 $ Participate on call with J. San Miguel (ACG) regarding the draft agenda for 

discussion during the bi-weekly mediation call.

Not in PR

2 Keys, Jamie 6/23/21 1.0 330.00 $ 330.00 $ Review and revise the July 2021 cash flow budget work plan document 

provided by P. Crisalli (ACG) prior to distribution to N. Morales (PREPA).

Not in PR

50 San Miguel, 

Jorge

6/23/21 0.5 620.00 $ 310.00 $ Participate on call with J. Smith (ACG) regarding the draft agenda for 

discussion during the bi-weekly mediation call.

PR

25 Parker, 

Christine

6/23/21 1.3 200.00 $ 260.00 $ Update Exhibits A, B and C of the June 2021 monthly fee statement for the 

period 6/13/21 - 6/19/21.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 32 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 70 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Crisalli, Paul 6/23/21 1.1 875.00 $ 962.50 $ Review draft notes for upcoming monthly mediation call and revise comments 

related to cash flow and liquidity related items.

Not in PR

6 Gil, Gerard 6/23/21 1.0 500.00 $ 500.00 $ Participate on call with L. Porter (ACG) to discuss progress and next steps 

related to the transition process for the T&D private operator during the interim 

period.

PR

6 San Miguel, 

Jorge

6/23/21 1.2 620.00 $ 744.00 $ Review and analyze the T&D O&M agreement and procurement manual to 

respond to information request from Luma contractor regarding management 

and control of capital account for federally funded projects.

PR

6 Gil, Gerard 6/23/21 0.5 500.00 $ 250.00 $ Review the draft memorandum related to the contract requirements under the 

T&D O&M agreement related to the transition process during the interim 

period.

PR

3 Gil, Gerard 6/23/21 2.0 500.00 $ 1,000.00 $ Participate on call with A. Figueroa (FOMB) regarding amendments to the 

PREPA FY 2022 budget.

PR

2 Keys, Jamie 6/23/21 0.3 330.00 $ 99.00 $ Participate on various calls with P. Crisalli (ACG) regarding the PREPA cash 

flow forecast and accounts receivable reporting.

Not in PR

3 Keys, Jamie 6/23/21 0.2 330.00 $ 66.00 $ Correspond with F. Hernandez (FOMB) regarding the latest Government 

accounts receivable report for use in the Commonwealth budget.

Not in PR

51 Keys, Jamie 6/23/21 0.2 330.00 $ 66.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to the 

weekly project worksheet status report.

Not in PR

6 Porter, Lucas 6/23/21 1.0 570.00 $ 570.00 $ Participate on call with G. Gil (ACG) to discuss progress and next steps related 

to the transition process for the T&D private operator during the interim period.

Not in PR

3 Porter, Lucas 6/23/21 1.5 570.00 $ 855.00 $ Prepare the generation operational report for the week ending 6/20/21 based on 

data received from G. Soto (PREPA) for A. Figueroa (FOMB), Y. Hickey 

(FOMB) and other FOMB representatives as required by the FY 2021 certified 

fiscal plan.

Not in PR

3 Porter, Lucas 6/23/21 0.4 570.00 $ 228.00 $ Review comments and data from N. Morales (PREPA) and P. Crisalli (ACG) 

related to cash flow reporting required by FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 6/23/21 0.6 570.00 $ 342.00 $ Revise list of reporting requirement details from P. Crisalli (ACG) for C. 

Detiveaux (Luma) related to FY 2022 fiscal plan.

Not in PR

50 Porter, Lucas 6/23/21 0.4 570.00 $ 228.00 $ Review comments received from J. San Miguel (ACG) and J. Smith (ACG) 

regarding the emergency response plans in advance of the bi-weekly mediation 

call.

Not in PR

2 Crisalli, Paul 6/23/21 0.3 875.00 $ 262.50 $ Participate on various calls with J. Keys (ACG) regarding the PREPA cash flow 

forecast and accounts receivable reporting.

Not in PR

50 Keys, Jamie 6/23/21 0.7 330.00 $ 231.00 $ Prepare the weekly reporting package for distribution to creditors and other 

stakeholders.

Not in PR

3 Porter, Lucas 6/23/21 0.7 570.00 $ 399.00 $ Participate on call with Y. Hickey (FOMB), F. Hernandez (FOMB), A. 

Mahadevan (MCK), P. Ludwig (MCK), C. Herhold (MCK), R. Zampierollo 

(PREPA) and G. Gil (ACG) to discuss FOMB requested revisions to the PREPA 

FY 2022 budget.

Not in PR

50 Crisalli, Paul 6/23/21 0.4 875.00 $ 350.00 $ Review the weekly accounts payable report to provide comments to J. Keys 

(ACG).

Not in PR

50 San Miguel, 

Jorge

6/23/21 1.1 620.00 $ 682.00 $ Analyze the emergency response documentation filed by Luma with PREB to 

inform the related agenda item for the upcoming bi-weekly mediation call.

PR

3 Gil, Gerard 6/23/21 0.3 500.00 $ 150.00 $ Review correspondence received from PREPA related to the cash flow reporting 

required by the FY 2022 fiscal plan.

PR

50 Smith, James 6/23/21 0.5 750.00 $ 375.00 $ Prepare Q&A related to the Luma transition in support of the FOMB 

presentation and in preparation for the upcoming mediation call.

Not in PR

3 Gil, Gerard 6/23/21 0.7 500.00 $ 350.00 $ Participate on call with Y. Hickey (FOMB), F. Hernandez (FOMB), A. 

Mahadevan (MCK), P. Ludwig (MCK), C. Herhold (MCK), R. Zampierollo 

(PREPA) and L. Porter (ACG) to discuss FOMB requested revisions to the 

PREPA FY 2022 budget.

PR

50 Keys, Jamie 6/23/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

2 Crisalli, Paul 6/23/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

50 San Miguel, 

Jorge

6/23/21 0.5 620.00 $ 310.00 $ Review cash flow update provided by P. Crisalli (ACG) to determine pending 

information to complete mediation call agenda update.

PR

51 Keys, Jamie 6/23/21 0.3 330.00 $ 99.00 $ Participate on telephone call with J. San Miguel (ACG) regarding updates to 

federal funding prior to discussion with S. Diaz (ARI).

Not in PR

3 Porter, Lucas 6/23/21 1.0 570.00 $ 570.00 $ Analyze updated FY 2022 budget analysis provided by Y. Hickey (FOMB) to 

understand suggested and required changes from FOMB.

Not in PR

3 Gil, Gerard 6/23/21 0.3 500.00 $ 150.00 $ Review and analyze the labor benefits information sent by L. Matias (PREPA) 

to inform the FY 2022 budget amendments.

PR

3 Gil, Gerard 6/23/21 0.7 500.00 $ 350.00 $ Participate on call with R. Zampierollo (PREPA) to discuss the FY 2022 budget 

amendments requested by FOMB and fiscal plan implementation matters.

PR

Exhibit C

July 30, 2021 / #PR00048 33 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 71 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Keys, Jamie 6/23/21 1.6 330.00 $ 528.00 $ Update the fuel and purchased power analysis for the May 2021 J28 report as 

requested by L. Porter (ACG) to inform the FY 2022 fiscal plan.

Not in PR

6 San Miguel, 

Jorge

6/23/21 0.7 620.00 $ 434.00 $ Prepare draft response for PREPA regarding IPP contractor relationship with 

Luma under the T&D O&M agreement and management and control of capital 

account for federally funded projects.

PR

3 Porter, Lucas 6/23/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss the FY 2022 budget revisions 

required by FOMB.

Not in PR

50 San Miguel, 

Jorge

6/23/21 0.4 620.00 $ 248.00 $ Review RFI from creditors related to emergency response plans and PREPA 

related legislation updates.

PR

50 Smith, James 6/23/21 0.3 750.00 $ 225.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

3 Porter, Lucas 6/23/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to debrief on findings from call with L. 

Matias (PREPA) regarding the FY 2022 budget amendments.

Not in PR

3 Porter, Lucas 6/23/21 0.3 570.00 $ 171.00 $ Review responding information from J. Siebert (Luma) related to PREPA FY 

2022 non-labor budget expenses.

Not in PR

6 Porter, Lucas 6/23/21 0.4 570.00 $ 228.00 $ Review draft memorandum from G. Gil (ACG) related to contract requirements 

under the T&D O&M agreement related to the interim period transition process.

Not in PR

6 Gil, Gerard 6/23/21 0.6 500.00 $ 300.00 $ Participate on call with J. Gavin (Citi) to discuss and advance the PREPA 

transformation transactions.

PR

2 Crisalli, Paul 6/23/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 6/18/21. Not in PR

50 Keys, Jamie 6/23/21 0.9 330.00 $ 297.00 $ Prepare the weekly FEMA flash report for the week ended 6/18/21 for review by 

P. Crisalli (ACG).

Not in PR

50 San Miguel, 

Jorge

6/23/21 1.4 620.00 $ 868.00 $ Review and edit the draft agenda for the upcoming bi-weekly mediation call. PR

3 Porter, Lucas 6/23/21 0.3 570.00 $ 171.00 $ Review and discuss marginal benefits cost information with J. Auli (PREPA) 

related to FY 2022 budget revisions for FOMB.

Not in PR

2 Crisalli, Paul 6/23/21 0.2 875.00 $ 175.00 $ Update list of standard cash flow and liquidity related reports per request from 

Luma.

Not in PR

3 Gil, Gerard 6/23/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to debrief on findings from call with L. 

Matias (PREPA) regarding the FY 2022 budget amendments.

PR

50 Gil, Gerard 6/23/21 0.2 500.00 $ 100.00 $ Review comments received from the Ankura team regarding the emergency 

response plans in advance of the bi-weekly mediation call.

PR

2 Crisalli, Paul 6/23/21 1.9 875.00 $ 1,662.50 $ Review documents supporting the work plan and request for information related 

to the July 2021 cash flow budget .

Not in PR

6 Gil, Gerard 6/23/21 1.6 500.00 $ 800.00 $ Attend the hearing before the House of Representatives regarding the Luma 

front-end transition and post-commencement date results.

PR

50 Smith, James 6/24/21 0.2 750.00 $ 150.00 $ Update draft discussion notes for the 6/25/21 mediation call based on comments 

and information received from M. DiConza (OMM).

Not in PR

3 Porter, Lucas 6/24/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss data requests related to the 

PREPA FY 2022 fiscal plan pension reform initiative.

Not in PR

3 Porter, Lucas 6/24/21 0.9 570.00 $ 513.00 $ Prepare revised FY 2022 budget analysis for R. Zampierollo (PREPA) to submit 

to the FOMB.

Not in PR

3 Crisalli, Paul 6/24/21 0.3 875.00 $ 262.50 $ Participate in discussion with G. Gil (ACG) regarding the working capital 

analysis requested by F. Padilla (PREPA) to inform the FY 2022 fiscal plan fuel 

supply initiative. 

Not in PR

50 San Miguel, 

Jorge

6/24/21 0.3 620.00 $ 186.00 $ Review the PREPA and Luma staffing update with respect to pensions system 

contributions in preparation for the 6/25/21 mediation call.

PR

50 San Miguel, 

Jorge

6/24/21 0.3 620.00 $ 186.00 $ Request updates from F. Padilla (PREPA) and N. Morales (PREPA) related to 

renewable energy procurement, financial statement audit process and 

transformation status updates with Luma.

PR

3 Gil, Gerard 6/24/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss data requests related to the 

PREPA FY 2022 fiscal plan pension reform initiative.

PR

3 Gil, Gerard 6/24/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss revisions to the PREPA FY 

2022 budget for FOMB required submittal.

PR

50 Gil, Gerard 6/24/21 0.8 500.00 $ 400.00 $ Review and provide input on updated materials for the mediation call. PR

50 Porter, Lucas 6/24/21 0.5 570.00 $ 285.00 $ Review updated index fuel pricing and analysis for updates to call notes for J. 

San Miguel (ACG) to inform the 6/25/21 mediation call discussion points.

Not in PR

50 San Miguel, 

Jorge

6/24/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) regarding the cash flow and liquidity 

items for the 6/25/21 mediation call.

PR

50 Smith, James 6/24/21 0.9 750.00 $ 675.00 $ Review open items and materials in advance of the 6/25/21 mediation call to 

provide update to J. San Miguel (ACG).

Not in PR

2 Crisalli, Paul 6/24/21 0.8 875.00 $ 700.00 $ Develop historic trend analysis of FO6 and diesel spend in preparation for 

discussion with F. Padilla (PREPA).

Not in PR

2 Keys, Jamie 6/24/21 0.7 330.00 $ 231.00 $ Participate on call with P. Crisalli (ACG) and L. Porter (ACG) to discuss the 

July 2021 cash flow budget work plan and request for information.

Not in PR

50 San Miguel, 

Jorge

6/24/21 0.9 620.00 $ 558.00 $ Participate in meeting with G. Gil (ACG) to finalize outline and draft remarks 

for the 6/25/21 mediation call.

PR

Exhibit C

July 30, 2021 / #PR00048 34 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 72 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Porter, Lucas 6/24/21 0.9 570.00 $ 513.00 $ Develop draft narrative on the generation cost-related financial information 

requested by J. San Miguel (ACG) to inform the 6/25/21 mediation call.

Not in PR

3 Gil, Gerard 6/24/21 0.3 500.00 $ 150.00 $ Participate in discussion with P. Crisalli (ACG) regarding the working capital 

analysis requested by F. Padilla (PREPA) to inform the FY 2022 fiscal plan fuel 

supply initiative. 

PR

3 Gil, Gerard 6/24/21 0.2 500.00 $ 100.00 $ Participate in discussion with L. Matias (PREPA) regarding the FY 2022 

projected labor benefits costs to finalize the FOMB FY 2022 budget submittal.

PR

50 Gil, Gerard 6/24/21 0.9 500.00 $ 450.00 $ Review draft mediation call notes received from J. Smith (ACG) regarding 

operational and financial matters.

PR

6 San Miguel, 

Jorge

6/24/21 0.9 620.00 $ 558.00 $ Participate on call with P. Crisalli (ACG), G. Gil (ACG) and J. Keys (ACG) to 

discuss the cash flow update, Luma request for information related to 

management of the federally-funded capital expenditure accounts under the 

T&D O&M agreement, and related open items.

PR

3 Gil, Gerard 6/24/21 0.2 500.00 $ 100.00 $ Participate in discussion with F. Padilla (PREPA) regarding the FY 2022 fiscal 

plan fuel supply initiative. 

PR

50 Smith, James 6/24/21 0.8 750.00 $ 600.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system updates in preparation for the 6/25/21 mediation call.

Not in PR

50 Crisalli, Paul 6/24/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) regarding the cash flow and 

liquidity items for the 6/25/21 mediation call.

Not in PR

25 Keys, Jamie 6/24/21 1.1 330.00 $ 363.00 $ Review the latest draft of the eleventh interim fee application provided by C. 

Parker (ACG).

Not in PR

25 Crisalli, Paul 6/24/21 3.4 875.00 $ 2,975.00 $ Review Exhibits A, B and C of the May 2021 monthly fee statement. Not in PR

50 Gil, Gerard 6/24/21 0.9 500.00 $ 450.00 $ Participate in meeting with J. San Miguel (ACG) to finalize outline and draft 

remarks for the 6/25/21 mediation call.

PR

3 Porter, Lucas 6/24/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss revisions to the PREPA FY 

2022 budget for FOMB required submittal.

Not in PR

6 Gil, Gerard 6/24/21 0.9 500.00 $ 450.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG) and J. Keys 

(ACG) to discuss the cash flow update, Luma request for information related to 

management of the federally-funded capital expenditure accounts under the 

T&D O&M agreement, and related open items.

PR

50 Smith, James 6/24/21 1.0 750.00 $ 750.00 $ Prepare responses to creditor questions in regards to PREPA/Luma emergency 

response planning in support of creditor reporting workstream.

Not in PR

3 Gil, Gerard 6/24/21 0.6 500.00 $ 300.00 $ Review the revised FY 2022 budget analysis prepared by L. Porter (ACG) for 

submission to FOMB.

PR

6 Keys, Jamie 6/24/21 0.9 330.00 $ 297.00 $ Participate on call with P. Crisalli (ACG), G. Gil (ACG) and J. San Miguel 

(ACG) to discuss the cash flow update, Luma request for information related to 

management of the federally-funded capital expenditure accounts under the 

T&D O&M agreement, and related open items.

Not in PR

6 San Miguel, 

Jorge

6/24/21 0.7 620.00 $ 434.00 $ Finalize edits to draft testimony provided by J. Bowe (K&S) in support of 

PREPA management's participation in the Congressional hearing of the Natural 

Resources Committee on PREPA and generation matters.

PR

3 Gil, Gerard 6/24/21 1.1 500.00 $ 550.00 $ Review the executed shared services agreement between PREPA and Luma to 

inform the FY 2022 budget re-submission.

PR

3 Gil, Gerard 6/24/21 0.2 500.00 $ 100.00 $ Participate in discussion with L. Porter (ACG) regarding findings related to the 

executed shared services agreement.

PR

6 Porter, Lucas 6/24/21 0.5 570.00 $ 285.00 $ Prepare response to request received from J. San Miguel (ACG) related to 

generation system status to inform draft testimony to the US Senate.

Not in PR

2 Crisalli, Paul 6/24/21 0.2 875.00 $ 175.00 $ Update the July 2021 cash flow budget work plan and request for information 

based on comments received from J. Roque (Luma).

Not in PR

50 Porter, Lucas 6/24/21 0.8 570.00 $ 456.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system updates in preparation for the 6/25/21 mediation call.

Not in PR

50 San Miguel, 

Jorge

6/24/21 0.7 620.00 $ 434.00 $ Review and revise the updated draft agenda for the 6/25/21 mediation call. PR

25 Crisalli, Paul 6/24/21 3.2 875.00 $ 2,800.00 $ Continue to review Exhibit C of the May 2021 monthly fee statement. Not in PR

3 Porter, Lucas 6/24/21 0.2 570.00 $ 114.00 $ Review comments and information received from A. Cabrera (FW) related to FY 

2022 fiscal plan reporting.

Not in PR

50 Smith, James 6/24/21 1.8 750.00 $ 1,350.00 $ Prepare fleet status report for distribution to creditors for the 6/25/21 mediation 

call.

Not in PR

50 Gil, Gerard 6/24/21 1.2 500.00 $ 600.00 $ Conduct research on recent events and filings to inform updated materials for 

the mediation call.

PR

50 Gil, Gerard 6/24/21 0.3 500.00 $ 150.00 $ Participate in discussion with J. San Miguel (ACG) regarding additional updates 

for the 6/25/21 mediation call status update materials.

PR

25 Keys, Jamie 6/24/21 0.6 330.00 $ 198.00 $ Update the summary table included in the eleventh interim fee application. Not in PR

51 Keys, Jamie 6/24/21 0.8 330.00 $ 264.00 $ Review 2 CFR 200.302 prior to discussion with S. Diaz (ARI) on PREPA 

DFMO grant management with Luma projects.

Not in PR

3 Porter, Lucas 6/24/21 0.2 570.00 $ 114.00 $ Participate on call with N. Morales (PREPA), M. DiConza (OMM), M. Meyer 

(AON), B. Law (AON) and G. Gil (ACG) to discuss data requests related to the 

FY 2022 fiscal plan pension reform initiative.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 35 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 73 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Gil, Gerard 6/24/21 0.4 500.00 $ 200.00 $ Review draft testimony to the US Senate regarding the PREPA generation 

system and the retirement of the AES coal plant.

PR

2 Keys, Jamie 6/24/21 0.3 330.00 $ 99.00 $ Review the list of PREPA and Luma personnel for use in requests for the July 

2021 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

6/24/21 0.5 620.00 $ 310.00 $ Review report provided by L. Porter (ACG) related to regulatory developments 

and the PREPA Fuels Office update to inform the 6/25/21 mediation call 

discussion points.

PR

25 Parker, 

Christine

6/24/21 1.0 200.00 $ 200.00 $ Assemble time descriptions for the period 6/13/21 - 6/19/21 for inclusion in the 

June 2021 monthly fee statement.

Not in PR

6 Gil, Gerard 6/24/21 0.3 500.00 $ 150.00 $ Review the T&D O&M agreement to provide input to PREPA management on 

federal funding account and related matters.

PR

50 Smith, James 6/24/21 0.3 750.00 $ 225.00 $ Review and incorporate cash flow materials received from P. Crisalli (ACG) in 

preparation for the 6/25/21 mediation call.

Not in PR

50 San Miguel, 

Jorge

6/24/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Gil (ACG) regarding additional updates for the 

6/25/21 mediation call status update materials.

PR

2 Crisalli, Paul 6/24/21 0.5 875.00 $ 437.50 $ Participate on call with J. Keys (ACG) and L. Porter (ACG) to discuss the July 

2021 cash flow budget work plan and request for information (partial).

Not in PR

50 Smith, James 6/24/21 0.4 750.00 $ 300.00 $ Prepare supporting materials and update draft notes in preparation for the 

6/25/21 mediation call.

Not in PR

50 San Miguel, 

Jorge

6/24/21 2.0 620.00 $ 1,240.00 $ Review and study legislative developments, PREB filings, generation report, 

procurement updates, fiscal plan initiatives progress, Luma monthly reports, in 

preparation for the 6/25/21 mediation call.

PR

3 Porter, Lucas 6/24/21 0.6 570.00 $ 342.00 $ Prepare the 6/24/21 submission of the FY 2022 budget revision with cover letter 

for R. Zampierollo (PREPA) to submit the FOMB.

Not in PR

2 Keys, Jamie 6/24/21 0.5 330.00 $ 165.00 $ Review the list of standard summary reports provided by P. Crisalli (ACG) and 

L. Porter (ACG) prior to distribution to Luma personnel.

Not in PR

3 Gil, Gerard 6/24/21 0.5 500.00 $ 250.00 $ Review the 6/24/21 draft submittal package for FY 2022 budget revision for 

submission to FOMB.

PR

51 Keys, Jamie 6/24/21 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding 2 CFR 200.302 for 

understanding of PREPA DFMO grant management with Luma projects.

Not in PR

3 Porter, Lucas 6/24/21 0.2 570.00 $ 114.00 $ Participate in discussion with G. Gil (ACG) regarding findings related to the 

executed shared services agreement.

Not in PR

3 Keys, Jamie 6/24/21 0.4 330.00 $ 132.00 $ Participate on call with L. Porter (ACG) to review the updated monthly 

generation cost analysis to inform FY 2022 fiscal plan financial projection 

updates and reporting.

Not in PR

2 Keys, Jamie 6/24/21 0.8 330.00 $ 264.00 $ Revise the July 2021 cash flow budget work plan per discussion with P. Crisalli 

(ACG) and L. Porter (ACG).

Not in PR

50 Smith, James 6/24/21 0.2 750.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) to discuss regulatory and other 

PREB updates to prepare for the 6/25/21 mediation call.

Not in PR

2 Porter, Lucas 6/24/21 0.7 570.00 $ 399.00 $ Participate on call with J. Keys (ACG) and P. Crisalli (ACG) to discuss the July 

2021 cash flow budget work plan and request for information.

Not in PR

6 San Miguel, 

Jorge

6/24/21 0.3 620.00 $ 186.00 $ Analyze information provided by L. Porter (ACG) to supplement draft testimony 

for PREPA management to support Congressional public hearing on PREPA 

generation matters.

PR

3 Gil, Gerard 6/24/21 0.3 500.00 $ 150.00 $ Participate in discussion with R. Zampierollo (PREPA) regarding data requests 

related to pension valuation and liquidity updates to advance FY 2022 fiscal 

plan implementation.

PR

3 Porter, Lucas 6/24/21 0.4 570.00 $ 228.00 $ Participate on call with J. Keys (ACG) to review the updated monthly generation 

cost analysis to inform FY 2022 fiscal plan financial projection updates and 

reporting.

Not in PR

50 San Miguel, 

Jorge

6/24/21 0.2 620.00 $ 124.00 $ Participate on call with J. Smith (ACG) to discuss regulatory and other PREB 

updates to prepare for the 6/25/21 mediation call.

PR

3 Gil, Gerard 6/24/21 0.2 500.00 $ 100.00 $ Participate on call with N. Morales (PREPA), M. DiConza (OMM), M. Meyer 

(AON), B. Law (AON) and L. Porter (ACG) to discuss data requests related to 

the FY 2022 fiscal plan pension reform initiative.

PR

50 Smith, James 6/24/21 0.9 750.00 $ 675.00 $ Update creditor call information on generation based on developments regarding 

PREPA fleet received from G. Soto (Luma) in support of the 6/25/21 mediation 

call.

Not in PR

50 Porter, Lucas 6/24/21 1.2 570.00 $ 684.00 $ Review draft call notes from J. Smith (ACG) regarding operational and financial 

matters for the 6/25/21 mediation call.

Not in PR

6 Crisalli, Paul 6/24/21 0.9 875.00 $ 787.50 $ Participate on call with J. San Miguel (ACG), G. Gil (ACG) and J. Keys (ACG) 

to discuss the cash flow update, Luma request for information related to 

management of the federally-funded capital expenditure accounts under the 

T&D O&M agreement, and related open items.

Not in PR

25 Keys, Jamie 6/25/21 0.5 330.00 $ 165.00 $ Review G. Gil (ACG) comments to the eleventh interim fee application. Not in PR

3 Gil, Gerard 6/25/21 0.2 500.00 $ 100.00 $ Participate on call with G. Loran (AAFAF) to discuss the FOMB Notice of 

Violation on the FY 2022 budget revision.

PR

3 Crisalli, Paul 6/25/21 0.2 875.00 $ 175.00 $ Participate on call with G. Gil (ACG) to discuss the working capital analysis for 

the FY 2022 fiscal plan initiative.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 36 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 74 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Crisalli, Paul 6/25/21 0.4 875.00 $ 350.00 $ Prepare for cash flow and liquidity related items for the 6/25/21 mediation call. Not in PR

50 San Miguel, 

Jorge

6/25/21 0.6 620.00 $ 372.00 $ Participate in meeting with G. Gil (ACG) to prepare for the 6/25/21 mediation 

call.

PR

25 Parker, 

Christine

6/25/21 1.3 200.00 $ 260.00 $ Assemble additional time descriptions submitted for the period 6/13/21 - 

6/19/21 for inclusion in the June 2021 monthly fee statement.

Not in PR

3 Porter, Lucas 6/25/21 0.2 570.00 $ 114.00 $ Participate on call with Y. Hickey (FOMB) to discuss the FY 2022 budget 

Notice of Violation letter from FOMB.

Not in PR

50 Gil, Gerard 6/25/21 0.5 500.00 $ 250.00 $ Participate on call with J. Smith (ACG) and J. San Miguel (ACG) to debrief on 

the 6/25/21 mediation call and discuss next steps related to creditor reporting.

PR

3 Gil, Gerard 6/25/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss requests received from F. 

Padilla (PREPA) related to the FY 2022 fiscal plan fuel supply cost 

improvement initiative.

PR

50 San Miguel, 

Jorge

6/25/21 0.5 620.00 $ 310.00 $ Participate on call with J. Smith (ACG) and G. Gil (ACG) to debrief on the 

6/25/21 mediation call and discuss next steps related to creditor reporting.

PR

50 San Miguel, 

Jorge

6/25/21 0.6 620.00 $ 372.00 $ Participate on the 6/25/21 mediation call. PR

50 Keys, Jamie 6/25/21 0.6 330.00 $ 198.00 $ Participate on the 6/25/21 mediation call. Not in PR

3 Crisalli, Paul 6/25/21 2.4 875.00 $ 2,100.00 $ Review various source documents supporting the fuel working capital scenario 

model for F. Padilla (PREPA).

Not in PR

50 San Miguel, 

Jorge

6/25/21 0.4 620.00 $ 248.00 $ Update information on emergency preparedness and coordination between 

PREPA and Luma with F. Padilla (PREPA) to inform creditor update report for 

today's mediation call.

PR

2 Crisalli, Paul 6/25/21 0.3 875.00 $ 262.50 $ Participate on call with N. Morales (PREPA) regarding payroll, VTP and 

vacation payout and related taxes to inform cash flow reporting.

Not in PR

50 Smith, James 6/25/21 0.5 750.00 $ 375.00 $ Participate on call with J. San Miguel (ACG) and G. Gil (ACG) to debrief on the 

6/25/21 mediation call and discuss next steps related to creditor reporting.

Not in PR

3 Crisalli, Paul 6/25/21 0.2 875.00 $ 175.00 $ Correspond with L. Porter (ACG) regarding draft outputs related to the fuel 

working capital analysis.

Not in PR

3 Crisalli, Paul 6/25/21 3.7 875.00 $ 3,237.50 $ Develop the FO6 module of the fuel working capital scenario model for F. 

Padilla (PREPA).

Not in PR

3 Gil, Gerard 6/25/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 budget Notice 

of Violation letter from FOMB.

PR

50 San Miguel, 

Jorge

6/25/21 1.0 620.00 $ 620.00 $ Conduct final review and edits to agenda for the bi-weekly mediation call to 

include updated operational, financial and transformation information.

PR

2 Keys, Jamie 6/25/21 1.7 330.00 $ 561.00 $ Prepare the PUMA report for use in fuel projections for P. Crisalli (ACG) 

review.

Not in PR

51 Keys, Jamie 6/25/21 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding expected upcoming 

FEMA funding for emergency related projects.

Not in PR

50 Crisalli, Paul 6/25/21 0.6 875.00 $ 525.00 $ Participate on the 6/25/21 mediation call. Not in PR

50 San Miguel, 

Jorge

6/25/21 0.3 620.00 $ 186.00 $ Review and update staffing information received from N. Morales (PREPA) to 

inform the creditor update report.

PR

50 Porter, Lucas 6/25/21 0.6 570.00 $ 342.00 $ Participate on the 6/25/21 mediation call. Not in PR

50 Keys, Jamie 6/25/21 0.3 330.00 $ 99.00 $ Review the mediation call agenda circulated by J. San Miguel (ACG). Not in PR

50 Gil, Gerard 6/25/21 0.6 500.00 $ 300.00 $ Participate in meeting with J. San Miguel (ACG) to prepare for the 6/25/21 

mediation call.

PR

50 Smith, James 6/25/21 1.2 750.00 $ 900.00 $ Prepare supporting materials in preparation for 6/25/21 mediation call for 

distribution to J. San Miguel (ACG).

Not in PR

50 Smith, James 6/25/21 0.6 750.00 $ 450.00 $ Participate on the 6/25/21 mediation call. Not in PR

3 Crisalli, Paul 6/25/21 0.4 875.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss requests received from F. 

Padilla (PREPA) related to the FY 2022 fiscal plan fuel supply cost 

improvement initiative.

Not in PR

50 San Miguel, 

Jorge

6/25/21 0.4 620.00 $ 248.00 $ Review updated information provided by F. Padilla (PREPA) regarding 

emergency preparedness and coordination with APPA to inform the bi-weekly 

mediation call.

PR

3 Porter, Lucas 6/25/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss the FY 2022 budget Notice of 

Violation letter from FOMB.

Not in PR

3 Gil, Gerard 6/25/21 0.3 500.00 $ 150.00 $ Review and analyze request received from F. Padilla (PREPA) regarding the FY 

2022 fiscal plan fuel procurement initiative, and related analysis prepared by P. 

Crisalli (ACG). 

PR

3 Porter, Lucas 6/25/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss requests received from F. 

Padilla (PREPA) related to the FY 2022 fiscal plan fuel supply cost 

improvement initiative.

Not in PR

3 Gil, Gerard 6/25/21 0.2 500.00 $ 100.00 $ Participate on call with P. Crisalli (ACG) to discuss the working capital analysis 

for the FY 2022 fiscal plan initiative.

PR

3 Porter, Lucas 6/25/21 1.5 570.00 $ 855.00 $ Analyze the FY 2022 budget submittal from R. Zampierollo (PREPA) in 

comparison to the 6/24/21 Notice of Violation letter from FOMB.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 37 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 75 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Gil, Gerard 6/25/21 0.6 500.00 $ 300.00 $ Participate on the 6/25/21 mediation call. PR

3 Porter, Lucas 6/25/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG) to discuss requests received from F. 

Padilla (PREPA) related to the FY 2022 fiscal plan fuel supply cost 

improvement initiative.

Not in PR

50 Porter, Lucas 6/25/21 0.7 570.00 $ 399.00 $ Review updated narrative from J. San Miguel (ACG) and J. Smith (ACG) for 

the 6/25/21 mediation call.

Not in PR

50 Gil, Gerard 6/25/21 1.1 500.00 $ 550.00 $ Review updated materials in advance of the bi-weekly mediation call. PR

3 Gil, Gerard 6/25/21 0.2 500.00 $ 100.00 $ Review the Notice of Violation issued by FOMB regarding the PREPA FY 2022 

budget revision.

PR

6 San Miguel, 

Jorge

6/26/21 0.6 620.00 $ 372.00 $ Prepare revisions to draft testimony for PREPA related to the Congressional 

hearing on PREPA generation assets.

PR

6 San Miguel, 

Jorge

6/26/21 0.8 620.00 $ 496.00 $ Review the comments received from D. Owens (PREPA) to the draft 

Congressional testimony and provide additional information per request.

PR

6 San Miguel, 

Jorge

6/26/21 0.5 620.00 $ 310.00 $ Participate in discussion with J. Bowe (K&S), S. Kupka (K&S), D. Owens 

(PREPA), E. Paredes (PREPA), K. Futch (K&S) and F. Padilla (PREPA) related 

to the Congressional hearing on PREPA generation assets.

PR

6 San Miguel, 

Jorge

6/26/21 0.8 620.00 $ 496.00 $ Review the draft testimony, provided by J. Bowe (K&S), for PREPA to present 

at the Congressional hearing on PREPA generation assets.

PR

3 San Miguel, 

Jorge

6/27/21 0.4 620.00 $ 248.00 $ Review the PREPA claims analysis provided by M. DiConza (OMM). PR

6 San Miguel, 

Jorge

6/27/21 0.7 620.00 $ 434.00 $ Review additional materials provided by J. Bowe (K&S) regarding the 

Congressional hearing on PREPA generation assets.

PR

6 San Miguel, 

Jorge

6/27/21 0.6 620.00 $ 372.00 $ Prepare revisions to draft materials for the Congressional hearing on PREPA 

generation assets for distribution to representatives of King & Spalding and 

PREPA.

PR

6 Smith, James 6/28/21 1.2 750.00 $ 900.00 $ Review the draft Puerto Rico GridCo-GenCo Operating Agreement related to 

T&D and generation transformation implementation.

Not in PR

3 Gil, Gerard 6/28/21 0.8 500.00 $ 400.00 $ Analyze generation dispatch data provided by K. Hernandez (S&L) to inform 

implementation of the fiscal plan fuel supply initiative.

PR

50 Smith, James 6/28/21 0.6 750.00 $ 450.00 $ Update the fleet status monthly analysis to support the creditor reporting 

workstream.

Not in PR

3 Porter, Lucas 6/28/21 0.3 570.00 $ 171.00 $ Prepare responding information for N. Morales (PREPA) related to the FY 2022 

budget.

Not in PR

3 Gil, Gerard 6/28/21 0.4 500.00 $ 200.00 $ Review the regulatory order related to the PREPA FY 2022 budget. PR

3 Keys, Jamie 6/28/21 0.4 330.00 $ 132.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

51 Crisalli, Paul 6/28/21 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding federal funding 

matters requested by PREPA DFMO.

Not in PR

50 Keys, Jamie 6/28/21 0.8 330.00 $ 264.00 $ Prepare submission of the weekly Excel files for reporting to the FOMB. Not in PR

3 Porter, Lucas 6/28/21 0.3 570.00 $ 171.00 $ Review the regulatory order provided by G. Gil (ACG) related to the PREPA FY 

2022 budget.

Not in PR

3 Marino, 

Nicholas

6/28/21 0.4 495.00 $ 198.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Crisalli, Paul 6/28/21 0.7 875.00 $ 612.50 $ Participate on call with L. Porter (ACG) and G. Gil (ACG) to discuss dispatch 

data provided by representatives of Sargent & Lundy and the financial model to 

inform fuel procurement fiscal plan initiative implementation.

Not in PR

2 Keys, Jamie 6/28/21 0.3 330.00 $ 99.00 $ Review P. Crisalli (ACG) comments to the cash flow outputs for the week 

ended 6/21/21.

Not in PR

25 Keys, Jamie 6/28/21 0.5 330.00 $ 165.00 $ Review P. Crisalli (ACG) comments to the May 2021 monthly fee statement. Not in PR

3 Smith, James 6/28/21 0.4 750.00 $ 300.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

2 Crisalli, Paul 6/28/21 0.3 875.00 $ 262.50 $ Prepare for call with D. Miller (Luma) and N. Morales (PREPA) regarding the 

work plan and timeline for the July 2021 cash flow budget.

Not in PR

6 San Miguel, 

Jorge

6/28/21 0.8 620.00 $ 496.00 $ Begin review of draft Puerto Rico GridCo-GenCo Operating Agreement to 

discuss with G. Gil (ACG) in anticipation of meeting with F. Padilla (PREPA).

PR

3 Gil, Gerard 6/28/21 0.4 500.00 $ 200.00 $ Review and analyze latest events and filings on PREPA Title III case to inform 

FY 2022 fiscal plan implementation.

PR

3 Porter, Lucas 6/28/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) and P. Crisalli (ACG) to discuss dispatch 

data provided by representatives of Sargent & Lundy and the financial model to 

inform fuel procurement fiscal plan initiative implementation.

Not in PR

3 Porter, Lucas 6/28/21 0.8 570.00 $ 456.00 $ Review the initial working draft financial analysis from P. Crisalli (ACG) 

related to implementation of the FY 2022 fiscal plan fuel supply initiative.

Not in PR

6 San Miguel, 

Jorge

6/28/21 0.1 620.00 $ 62.00 $ Review correspondence from G. Gil (ACG) regarding requests from PREPA 

related to the draft Puerto Rico GridCo-GenCo Operating Agreement.

PR

Exhibit C

July 30, 2021 / #PR00048 38 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 76 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 San Miguel, 

Jorge

6/28/21 0.4 620.00 $ 248.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

50 Smith, James 6/28/21 0.2 750.00 $ 150.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) in support of the creditor reporting workstream.

Not in PR

6 San Miguel, 

Jorge

6/28/21 1.9 620.00 $ 1,178.00 $ Review the Congressional testimony materials from multiple witnesses, 

provided by J. Bowe (K&S), regarding hearing on PREPA generation matters.

PR

51 San Miguel, 

Jorge

6/28/21 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding federal funding 

matters requested by PREPA DFMO.

PR

25 Parker, 

Christine

6/28/21 1.2 200.00 $ 240.00 $ Update Exhibit A, B and C of the May 2021 monthly fee statement for 

comments received from Ankura team members.

Not in PR

3 Gil, Gerard 6/28/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) regarding implementation of the fiscal 

plan initiative related to fuel supply.

PR

2 Keys, Jamie 6/28/21 0.7 330.00 $ 231.00 $ Participate on telephone call with S. Diaz (ARI) regarding expected federal 

funding and timing of funds for use in the cash flow budget.

Not in PR

3 Marino, 

Nicholas

6/28/21 1.0 495.00 $ 495.00 $ Review the PREPA FY 2022 Budget Financial Projection Overview model 

received from Y. Hickey (FOMB).

Not in PR

3 Porter, Lucas 6/28/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) regarding implementation of the fiscal 

plan initiative related to fuel supply.

Not in PR

2 Keys, Jamie 6/28/21 0.6 330.00 $ 198.00 $ Review expected federal funding and timing of funds for use in the July 2021 

cash flow budget.

Not in PR

3 Marino, 

Nicholas

6/28/21 1.9 495.00 $ 940.50 $ Analyze directives in FOMB certified PREPA fiscal plan 2021 to inform 

discussions with R. Zampierollo (PREPA) regarding fiscal plan implementation.

Not in PR

2 Keys, Jamie 6/28/21 1.3 330.00 $ 429.00 $ Prepare the weekly cash flow outputs for the week ended 6/25/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Crisalli, Paul 6/28/21 0.4 875.00 $ 350.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

2 Crisalli, Paul 6/28/21 0.7 875.00 $ 612.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

2 Crisalli, Paul 6/28/21 0.9 875.00 $ 787.50 $ Develop templates for the cash flow and liquidity reports for week ended 

6/25/21.

Not in PR

50 Marino, 

Nicholas

6/28/21 1.7 495.00 $ 841.50 $ Review PREPA related news to inform discussion materials for the next biweekly mediation call.

Not in PR

2 Crisalli, Paul 6/28/21 0.8 875.00 $ 700.00 $ Participate on call with D. Miller (Luma) and N. Morales (PREPA) regarding 

the work plan and timeline for the July 2021 cash flow budget.

Not in PR

3 Gil, Gerard 6/28/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss implementation of the FY 

2022 fiscal plan initiative related to fuel supply.

PR

3 Crisalli, Paul 6/28/21 2.9 875.00 $ 2,537.50 $ Develop the diesel module of the fuel working capital scenario model for F. 

Padilla (PREPA).

Not in PR

3 Porter, Lucas 6/28/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss implementation of the FY 2022 

fiscal plan initiative related to fuel supply.

Not in PR

25 Keys, Jamie 6/28/21 0.4 330.00 $ 132.00 $ Participate in working session with P. Crisalli (ACG) regarding changes to the 

eleventh interim fee application.

Not in PR

2 Crisalli, Paul 6/28/21 0.3 875.00 $ 262.50 $ Prepare correspondence to J. Roque (Luma) regarding disbursement-related 

open items included in the daily cash flow report.

Not in PR

25 Crisalli, Paul 6/28/21 0.4 875.00 $ 350.00 $ Participate in working session with J. Keys (ACG) regarding changes to the 

eleventh interim fee application.

Not in PR

6 Gil, Gerard 6/28/21 1.6 500.00 $ 800.00 $ Review the draft Puerto Rico GridCo-GenCo Operating Agreement and 

associated commentary circulated by K. Bolanos (DV). 

PR

3 Gil, Gerard 6/28/21 0.6 500.00 $ 300.00 $ Participate on call with A. Zabala (S&L), T. Coyne (S&L), K. Hernandez (S&L), 

L. Porter (ACG) and P. Crisalli (ACG) to discuss implementation of the FY 

2022 fiscal plan initiative related to fuel supply.

PR

50 Smith, James 6/28/21 0.6 750.00 $ 450.00 $ Review notes from the 6/25/21 mediation call to identify topics for follow-up in 

support of the creditor reporting workstream.

Not in PR

3 Gil, Gerard 6/28/21 0.2 500.00 $ 100.00 $ Participate in discussion with N. Morales (PREPA) regarding the FY 2022 

budget re-approval process in preparation for the PREPA Board of Directors 

meeting.

PR

3 Porter, Lucas 6/28/21 1.1 570.00 $ 627.00 $ Review the updated working draft financial analysis received from P. Crisalli 

(ACG) related to implementation of the FY 2022 fiscal plan fuel supply 

initiative.

Not in PR

3 Gil, Gerard 6/28/21 0.4 500.00 $ 200.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

3 Crisalli, Paul 6/28/21 0.6 875.00 $ 525.00 $ Participate on call with A. Zabala (S&L), T. Coyne (S&L), K. Hernandez (S&L), 

L. Porter (ACG) and G. Gil (ACG) to discuss implementation of the FY 2022 

fiscal plan initiative related to fuel supply.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 39 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 77 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 6/28/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) and P. Crisalli (ACG) to discuss 

dispatch data provided by representatives of Sargent & Lundy and the financial 

model to inform fuel procurement fiscal plan initiative implementation.

PR

3 Porter, Lucas 6/28/21 0.4 570.00 $ 228.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

2 Keys, Jamie 6/28/21 0.6 330.00 $ 198.00 $ Revise the PREPA weekly cash flow forecast per reclassifications provided by J. 

Roque (Luma).

Not in PR

3 Porter, Lucas 6/28/21 0.2 570.00 $ 114.00 $ Participate on call with R. Zampierollo (PREPA) to discuss matters related to 

the FY 2022 pension reform initiative.

Not in PR

3 Porter, Lucas 6/28/21 0.6 570.00 $ 342.00 $ Participate on call with A. Zabala (S&L), T. Coyne (S&L), K. Hernandez (S&L), 

G. Gil (ACG) and P. Crisalli (ACG) to discuss implementation of the FY 2022 

fiscal plan initiative related to fuel supply.

Not in PR

3 Gil, Gerard 6/28/21 0.9 500.00 $ 450.00 $ Review updated working draft financial analysis from P. Crisalli (ACG) related 

to implementation of the FY 2022 fiscal plan fuel supply initiative.

PR

3 Porter, Lucas 6/28/21 1.2 570.00 $ 684.00 $ Analyze forecast generation dispatch data provided by K. Hernandez (S&L) to 

inform implementation of fiscal plan fuel supply initiative.

Not in PR

3 Crisalli, Paul 6/29/21 0.6 875.00 $ 525.00 $ Participate on call with G. Gil (ACG) to discuss the fuel procurement analysis 

requested by F. Padilla (PREPA), 13-week cash flow update and creditor 

reporting.

Not in PR

2 Crisalli, Paul 6/29/21 0.5 875.00 $ 437.50 $ Reconciliation of front-end transition related invoice history provided by 

PREPA Finance to cash flow reporting to inform the July 2021 cash flow 

budget.

Not in PR

3 Gil, Gerard 6/29/21 0.6 500.00 $ 300.00 $ Participate on call with P. Crisalli (ACG) to discuss the fuel procurement 

analysis requested by F. Padilla (PREPA), 13-week cash flow update and 

creditor reporting.

PR

2 Crisalli, Paul 6/29/21 0.3 875.00 $ 262.50 $ Review the weekly cash flow forecast to provide comments to J. Keys (ACG). Not in PR

3 Porter, Lucas 6/29/21 0.3 570.00 $ 171.00 $ Prepare responding information for P. Crisalli (ACG) related to the non-labor 

cost assumptions in the PREPA FY 2022 budget.

Not in PR

6 Gil, Gerard 6/29/21 1.0 500.00 $ 500.00 $ Review the T&D O&M agreement to inform commentary and proposed edits to 

the draft Puerto Rico GridCo-GenCo Operating Agreement requested by F. 

Padilla (PREPA).

PR

50 Marino, 

Nicholas

6/29/21 1.4 495.00 $ 693.00 $ Review and aggregate PREPA related news to inform discussion materials for 

the next bi-weekly mediation call.

Not in PR

2 Keys, Jamie 6/29/21 0.9 330.00 $ 297.00 $ Revise the cash flow outputs for the week ended 6/25/21 per reclassifications 

provided by J. Roque (Luma).

Not in PR

25 Parker, 

Christine

6/29/21 1.0 200.00 $ 200.00 $ Assemble time descriptions for the period 6/20/21 - 6/26/21 for inclusion in the 

June 2021 monthly fee statement.

Not in PR

3 Marino, 

Nicholas

6/29/21 1.1 495.00 $ 544.50 $ Review Chapter 13 - Luma Improvement Portfolios of the FOMB certified 

PREPA FY 2021 fiscal plan to inform development of fiscal plan 

implementation materials requested by G. Gil (ACG).

Not in PR

25 Keys, Jamie 6/29/21 1.3 330.00 $ 429.00 $ Review the final May 2021 monthly fee statement package provided by C. 

Parker (ACG).

Not in PR

3 Marino, 

Nicholas

6/29/21 0.5 495.00 $ 247.50 $ Review the latest financial model exhibits of the PREPA FY 2022 Fiscal Plan 

Projections Overview presentation for the PREPA Board of Directors.

Not in PR

51 Crisalli, Paul 6/29/21 0.4 875.00 $ 350.00 $ Participate on call with J. Keys (ACG) and S. Diaz (ARI) regarding the flow of 

funds associated with permanent work projects.

Not in PR

2 Keys, Jamie 6/29/21 0.2 330.00 $ 66.00 $ Correspond with V. Rivera (PREPA) regarding updated PUMA reports for use 

in the July 2021 cash flow budget.

Not in PR

51 Keys, Jamie 6/29/21 0.5 330.00 $ 165.00 $ Review allowance of administrative claim motion. Not in PR

3 Crisalli, Paul 6/29/21 0.6 875.00 $ 525.00 $ Review the Bunker C and Diesel fuel forecast provided by Sargent & Lundy to 

inform the fuel purchase working capital analysis.

Not in PR

6 Gil, Gerard 6/29/21 1.7 500.00 $ 850.00 $ Review and prepare commentary on the draft Puerto Rico GridCo-GenCo 

Operating Agreement for F. Padilla (PREPA).

PR

3 Porter, Lucas 6/29/21 2.2 570.00 $ 1,254.00 $ Review the monthly generation cost and operating statistics analysis based on 

data provided by T. Rivera (Luma) to inform FY 2022 fiscal plan reporting and 

projections revisions.

Not in PR

3 Gil, Gerard 6/29/21 1.0 500.00 $ 500.00 $ Participate on the weekly PREPA advisory group call led by F. Padilla (PREPA) 

to discuss FY 2022 fiscal plan implementation. 

PR

2 Crisalli, Paul 6/29/21 0.6 875.00 $ 525.00 $ Revise the July 2021 cash flow budget work plan and request for information 

and related correspondence with D. Miller (Luma) and N. Morales (PREPA).

Not in PR

3 Gil, Gerard 6/29/21 0.3 500.00 $ 150.00 $ Prepare for weekly PREPA advisory group call led by F. Padilla (PREPA). PR

25 Crisalli, Paul 6/29/21 0.5 875.00 $ 437.50 $ Review the final draft of the May 2021 monthly fee statement. Not in PR

2 Crisalli, Paul 6/29/21 0.7 875.00 $ 612.50 $ Update the July 2021 cash flow budget support schedules for recent payments to 

Renewable suppliers.

Not in PR

51 Keys, Jamie 6/29/21 0.4 330.00 $ 132.00 $ Participate on call with P. Crisalli (ACG) and S. Diaz (ARI) regarding the flow 

of funds associated with permanent work projects.

Not in PR

Exhibit C

July 30, 2021 / #PR00048 40 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 78 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Porter, Lucas 6/29/21 0.6 570.00 $ 342.00 $ Participate on call with K. Bolanos (DV) and G. Gil (ACG) to discuss the draft 

Puerto Rico GridCo-GenCo Operating Agreement related to transformation 

implementation.

Not in PR

6 Gil, Gerard 6/29/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the budget-related section of 

the draft Puerto Rico GridCo-GenCo Operating Agreement.

PR

2 Crisalli, Paul 6/29/21 0.2 875.00 $ 175.00 $ Correspond with J. Roque (Luma) regarding updates to PREPA's daily cash 

flow and bank balances.

Not in PR

3 Gil, Gerard 6/29/21 0.1 500.00 $ 50.00 $ Participate on call with F. Padilla (PREPA) regarding the PREPA generation 

budget and the draft GridCo-GenCo Operating Agreement. 

PR

6 Gil, Gerard 6/29/21 0.6 500.00 $ 300.00 $ Participate on call with K. Bolanos (DV) and L. Porter (ACG) to discuss the 

draft Puerto Rico GridCo-GenCo Operating Agreement related to transformation 

implementation.

PR

3 Gil, Gerard 6/29/21 0.4 500.00 $ 200.00 $ Participate on calls with L. Porter (ACG) to discuss status of analysis for the FY 

2022 fiscal plan fuel supply initiative.

PR

25 Parker, 

Christine

6/29/21 1.9 200.00 $ 380.00 $ Review final version of the May 2021 monthly fee statement prior to submitting 

to client, fee examiner and Prime Clerk.

Not in PR

6 Gil, Gerard 6/29/21 0.3 500.00 $ 150.00 $ Participate on call with F. Padilla (PREPA) regarding commentary on the draft 

Puerto Rico GridCo-GenCo Operating Agreement.

PR

6 Gil, Gerard 6/29/21 0.2 500.00 $ 100.00 $ Correspond with K. Bolanos (DV) regarding the T&D O&M agreement sections 

on the generation budget process.

PR

3 Porter, Lucas 6/29/21 0.5 570.00 $ 285.00 $ Participate on calls with P. Crisalli (ACG) to discuss the financial analysis 

related to the FY 2022 fiscal plan fuel supply initiative.

Not in PR

3 Porter, Lucas 6/29/21 0.9 570.00 $ 513.00 $ Review the FY 2022 budget submittal materials received from F. Padilla 

(PREPA) to inform responses to PREPA and FOMB.

Not in PR

6 Porter, Lucas 6/29/21 0.7 570.00 $ 399.00 $ Prepare comments for G. Gil (ACG) on the draft Puerto Rico GridCo-GenCo 

Operating Agreement related to transformation implementation.

Not in PR

3 Porter, Lucas 6/29/21 0.4 570.00 $ 228.00 $ Participate on calls with G. Gil (ACG) to discuss status of analysis for the FY 

2022 fiscal plan fuel supply initiative.

Not in PR

2 Crisalli, Paul 6/29/21 0.4 875.00 $ 350.00 $ Review the accounts payable aging report to identify recent fuel and purchased 

power-related payment to inform the July 2021 cash flow budget.

Not in PR

6 Porter, Lucas 6/29/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss the budget-related section of the 

draft Puerto Rico GridCo-GenCo Operating Agreement.

Not in PR

6 Gil, Gerard 6/29/21 0.6 500.00 $ 300.00 $ Review the draft Puerto Rico GridCo-GenCo Operating Agreement and prepare 

comments and edits requested by F. Padilla (PREPA) before distribution to J. 

San Miguel (ACG).

PR

2 Keys, Jamie 6/29/21 0.4 330.00 $ 132.00 $ Review the certified fiscal plan post-certification and milestone reporting 

circulated by P. Crisalli (ACG).

Not in PR

3 Crisalli, Paul 6/29/21 1.7 875.00 $ 1,487.50 $ Develop assumption page for the fuel working capital analysis based on 

information provided by Sargent & Lundy.

Not in PR

6 Porter, Lucas 6/29/21 1.9 570.00 $ 1,083.00 $ Review the draft Puerto Rico GridCo-GenCo Operating Agreement related to 

transformation implementation.

Not in PR

3 Crisalli, Paul 6/29/21 0.6 875.00 $ 525.00 $ Prepare the cash flow and liquidity related post-certification fiscal plan reports 

for week ended 6/18/21.

Not in PR

3 Marino, 

Nicholas

6/29/21 0.8 495.00 $ 396.00 $ Review the latest draft of the PREPA FY 2022 Fiscal Plan Projections 

Overview presentation for the PREPA Board of Directors.

Not in PR

2 Keys, Jamie 6/29/21 0.4 330.00 $ 132.00 $ Review the revised information provided by J. Roque (Luma) for use in 

updating the cash flow outputs for the week ended 6/25/21.

Not in PR

3 Crisalli, Paul 6/29/21 0.5 875.00 $ 437.50 $ Participate on calls with L. Porter (ACG) to discuss the financial analysis related 

to the FY 2022 fiscal plan fuel supply initiative.

Not in PR

3 San Miguel, 

Jorge

6/30/21 2.4 620.00 $ 1,488.00 $ Attend the House Natural Resources Committee public hearing on the AES 

power plant and PREPA transformation process under the certified fiscal plan.

PR

6 San Miguel, 

Jorge

6/30/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) to finalize comments to the draft 

Puerto Rico GridCo-GenCo Operating Agreement in preparation for discussion 

with PREPA management.

PR

3 Porter, Lucas 6/30/21 1.0 570.00 $ 570.00 $ Revise analysis of monthly generation costs and operating statistics based on 

data provided by T. Rivera (Luma) to inform FY 2022 fiscal plan reporting and 

projections revisions.

Not in PR

2 Keys, Jamie 6/30/21 0.3 330.00 $ 99.00 $ Participate on calls with P. Crisalli (ACG) regarding finalizing the weekly cash 

flow reporting.

Not in PR

3 Crisalli, Paul 6/30/21 0.8 875.00 $ 700.00 $ Participate on call with K. Hernandez (S&L), D. Zabala (S&L) and L. Porter 

(ACG) regarding bunker and diesel fuel forecast assumptions and related 

working capital analysis.

Not in PR

51 Keys, Jamie 6/30/21 0.5 330.00 $ 165.00 $ Review the project worksheet status report provided by S. Diaz (ARI). Not in PR

50 Keys, Jamie 6/30/21 0.7 330.00 $ 231.00 $ Prepare the weekly reporting package for distribution to creditors and other 

stakeholders.

Not in PR

6 Gil, Gerard 6/30/21 1.4 500.00 $ 700.00 $ Prepare notes and agenda in preparation for meeting with PREPA management 

regarding the draft Puerto Rico GridCo-GenCo Operating Agreement.

PR

Exhibit C

July 30, 2021 / #PR00048 41 of 43

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 79 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 6/30/21 0.5 570.00 $ 285.00 $ Review responding information from E. Barbosa (PREPA) regarding generation 

cost data used for FY 2022 fiscal plan reporting.

Not in PR

3 Porter, Lucas 6/30/21 0.8 570.00 $ 456.00 $ Participate on call with K. Hernandez (S&L), D. Zabala (S&L) and P. Crisalli 

(ACG) regarding bunker and diesel fuel forecast assumptions and related 

working capital analysis.

Not in PR

51 Keys, Jamie 6/30/21 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to the 

weekly project worksheet status report.

Not in PR

6 Gil, Gerard 6/30/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the draft Puerto Rico GridCoGenCo Operating Agreement related to transformation implementation.PR

6 Marino, 

Nicholas

6/30/21 0.9 495.00 $ 445.50 $ Create a summary of highlights and key terms of the draft GridCo-GenCo 

Operating Agreement received from P3 Authority representatives for 

distribution to the Ankura team.

Not in PR

3 Marino, 

Nicholas

6/30/21 1.9 495.00 $ 940.50 $ Review Chapters 14 and 17 - Luma Performance Metrics and Post-Certification 

Reporting of the FOMB certified PREPA FY 2021 fiscal plan to inform 

revisions to discussion materials requested by G. Gil (ACG) for PREPA 

management.

Not in PR

50 Keys, Jamie 6/30/21 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to creditors.

Not in PR

6 Gil, Gerard 6/30/21 0.8 500.00 $ 400.00 $ Participate in meeting with E. Paredes (PREPA), A. Rodriguez (PREPA), F. 

Padilla (PREPA) and K. Bolanos (DV) to discuss comments to the draft Puerto 

Rico GridCo-GenCo Operating Agreement.

PR

3 Porter, Lucas 6/30/21 0.5 570.00 $ 285.00 $ Review the updated daily generation reports received from G. Soto (PREPA) to 

advance development of the generation operational report for the week ending 

6/23/21 required by the FY 2021 certified fiscal plan.

Not in PR

3 Porter, Lucas 6/30/21 0.7 570.00 $ 399.00 $ Review revised draft financial analysis from P. Crisalli (ACG) related to 

implementation of the FY 2022 fiscal plan fuel supply initiative.

Not in PR

2 Keys, Jamie 6/30/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast sent to N. Morales (PREPA) by P. Crisalli 

(ACG).

Not in PR

2 Crisalli, Paul 6/30/21 0.3 875.00 $ 262.50 $ Participate on calls with J. Keys (ACG) regarding finalizing the weekly cash 

flow reporting.

Not in PR

6 Gil, Gerard 6/30/21 0.4 500.00 $ 200.00 $ Participate in discussion with K. Bolanos (DV) regarding upcoming meeting 

with the P3 Authority and Luma related to the draft Puerto Rico GridCo-GenCo 

Operating Agreement.

PR

6 Porter, Lucas 6/30/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss the draft Puerto Rico GridCoGenCo Operating Agreement related to transformation implementation.Not in PR

50 Crisalli, Paul 6/30/21 0.4 875.00 $ 350.00 $ Review the weekly accounts payable report to provide comments to J. Keys 

(ACG).

Not in PR

25 Keys, Jamie 6/30/21 0.6 330.00 $ 198.00 $ Update the eleventh interim fee application for the May 2021 monthly fee 

statement information prior to sending to P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 6/30/21 0.2 570.00 $ 114.00 $ Prepare and send request for clarification to G. Soto (PREPA) to inform the 

generation operational report for the week ending 6/23/21 required by the FY 

2021 certified fiscal plan.

Not in PR

3 San Miguel, 

Jorge

6/30/21 2.3 620.00 $ 1,426.00 $ Attend the PREPA Board of Directors monthly public meeting regarding 

operational, financial and transformation developments pursuant to certified 

fiscal plan initiatives and workstreams.

PR

3 Porter, Lucas 6/30/21 0.9 570.00 $ 513.00 $ Prepare responding information for T. Rivera (Luma) regarding generation cost 

data used for FY 2022 fiscal plan reporting.

Not in PR

3 Crisalli, Paul 6/30/21 2.3 875.00 $ 2,012.50 $ Revise the fuel working capital analysis based on discussions with, and 

information provided by, representatives of Sargent & Lundy.

Not in PR

6 Gil, Gerard 6/30/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) to finalize comments to the 

draft Puerto Rico GridCo-GenCo Operating Agreement in preparation for 

discussion with PREPA management.

PR

50 Keys, Jamie 6/30/21 1.1 330.00 $ 363.00 $ Prepare the weekly FEMA flash report for the week ended 6/25/21 for review by 

P. Crisalli (ACG).

Not in PR

6 Gil, Gerard 6/30/21 0.3 500.00 $ 150.00 $ Review comments from L. Porter (ACG) to the draft Puerto Rico GridCoGenCo Operating Agreement related to transformation implementation.

PR

2 Crisalli, Paul 6/30/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

3 Gil, Gerard 6/30/21 0.7 500.00 $ 350.00 $ Review and analyze updated materials on the fiscal plan fuel procurement 

initiative to inform F. Padilla (PREPA).

PR

6 Porter, Lucas 6/30/21 0.4 570.00 $ 228.00 $ Review summary information prepared by N. Marino (ACG) related to the draft 

Puerto Rico GridCo-GenCo Operating Agreement related to transformation 

implementation.

Not in PR

3 Marino, 

Nicholas

6/30/21 1.3 495.00 $ 643.50 $ Review and quality check the FO6 and diesel spend analysis financial model per 

L. Porter (ACG) request.

Not in PR

50 Crisalli, Paul 6/30/21 0.2 875.00 $ 175.00 $ Review the FEMA flash report and related supporting documents to provide 

comments to J. Keys (ACG).

Not in PR

Exhibit C

July 30, 2021 / #PR00048 42 of 43

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Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 6/30/21 1.3 570.00 $ 741.00 $ Prepare the generation operational report for the week ending 6/23/21 based on 

data from G. Soto (PREPA) for A. Figueroa (FOMB), Y. Hickey (FOMB), and 

other FOMB representatives as required by the PREPA fiscal plan.

Not in PR

2 Crisalli, Paul 6/30/21 0.6 875.00 $ 525.00 $ Finalize the cash flow reporting for week ended 6/25/21. Not in PR

2 Crisalli, Paul 6/30/21 0.3 875.00 $ 262.50 $ Correspond with D. Miller (Luma) regarding the daily customer collection 

reports by customer class and Government agency.

Not in PR

6 Marino, 

Nicholas

6/30/21 1.7 495.00 $ 841.50 $ Review the draft Puerto Rico GridCo-GenCo Operating Agreement for 

discussions with Luma and P3 Authority regarding transformation 

implementation.

Not in PR

50 Smith, James 6/30/21 1.2 750.00 $ 900.00 $ Watch the 6/30/21 PREPA Board of Directors meeting to collect information 

relevant to the creditor update workstream (partial). 

Not in PR

50 Keys, Jamie 6/30/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

TOTAL 857.5 493,626.00 $ 

Exhibit C

July 30, 2021 / #PR00048 43 of 43

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EXHIBIT D

EXPENSE SUMMARY BY EXPENSE CATEGORY AND 

COMPLETE ACCOUNTING OF EXPENSES

INCLUDING ITEMIZED RECORDS BY PROFESSIONAL

IN CHRONOLOGICAL ORDER

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Exhibit D – Expense Summary By Expense Category and Complete Accounting Of Expenses Including Itemized Records

By Professional In Chronological Order

 Expense Category 

Billed 

Amount

Airfare / Railway $ -

Lodging $ -

Meals $ -

Transportation $ -

TOTAL - $ 

Exhibit D

July 30, 2021 / #PR00048 1 of 1

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EXHIBIT F 

MONTHLY FEE STATEMENT OF ANKURA FOR COMPENSATION FOR SERVICES 

AND REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISOR TO THE 

DEBTOR, FOR THE PERIOD JULY 1, 2021 THROUGH JULY 31, 2021 

 

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UNITED STATES DISTRICT COURT 

DISTRICT OF PUERTO RICO 

In re: ) PROMESA 

 ) Title III 

THE FINANCIAL OVERSIGHT AND ) 

MANAGEMENT BOARD FOR PUERTO RICO ) 

 ) 

as representative of ) Case No. 17-04780 (LTS) 

 ) 

PUERTO RICO ELECTRIC POWER ) 

AUTHORITY (“PREPA”) ) 

 ) 

Debtor. 1 ) 

 ) 

COVER SHEET TO FORTY-NINTH MONTHLY FEE STATEMENT OF 

ANKURA CONSULTING GROUP, LLC FOR COMPENSATION FOR SERVICES 

RENDERED AND REIMBURSEMENT OF EXPENSES AS FINANCIAL 

ADVISORS TO PUERTO RICO ELECTRIC POWER AUTHORITY (“PREPA”) 

FOR THE PERIOD JULY 1, 2021 THROUGH JULY 31, 2021 

Name of Applicant: Ankura Consulting Group, LLC (“Ankura”) 

Authorized to Provide 

Professional Services to: Debtor 

Period for which compensation 

and reimbursement is sought: July 1, 2021 through July 31, 2021 

Amount of compensation sought

as actual, reasonable and necessary: $412,587.50 

Amount of expense reimbursement 

sought as actual, reasonable and 

necessary: 2

 $0.00 

Invoice Date / Number August 31, 2021 / #PR00049 

This is a: X monthly interim final application. 

This is Ankura’s forty-ninth monthly fee statement in this case. 

1 The last four (4) digits of PREPA’s federal tax identification number is 3747. 2 Some expenses may not have been included in this monthly fee statement due to delays caused by accounting or 

processing. Ankura reserves the right to seek payment of such expenses in subsequent fee statements.

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2 

1. This is the forty-ninth monthly fee statement (the “Fee Statement”) of Ankura 

Consulting Group, LLC (“Ankura”) served pursuant to the First Amended Order 

Setting Procedures for Interim Compensation and Reimbursement of Expenses of 

Professionals [Docket No. 1715] (the “Interim Compensation Order”). Ankura 

seeks: (a) payment of compensation in the amount of $371,328.75 (90% of 

$412,587.50 of fees on account of reasonable and necessary professional services 

rendered to the Debtor by Ankura) and (b) reimbursement of actual and necessary 

costs and expenses in the amount of $0.00 incurred by Ankura during the period of 

July 1, 2021 through July 31, 2021 (the “Fee Period”). In accordance with the PSA 

(“Professional Services Agreement”), travel time was excluded from the billable 

fees included herein. 

2. Pursuant to this Fee Statement, Ankura has attached the following exhibits: 

a. Exhibit A – Summary schedule showing professional fees by task code; 

b. Exhibit B – Summary schedule showing the professionals who performed 

services, the number of hours spent, the respective professional’s billing rate, and 

the total fees for such services; 

c. Exhibit C – Complete accounting of professional fees including itemized 

time records in chronological order for which an award of compensation is sought. 

The itemized records include: i) the date each service was rendered; ii) the 

professional(s) who performed the service; iii) a description of the services 

rendered; and iv) the time spent performing the service in increments of tenths of 

an hour; and 

d. Exhibit D – Summary by expense category and complete accounting of 

actual and necessary expenses incurred by professionals in chronological order for 

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3 

which reimbursement is sought. The itemized records include: i) the date each 

expense was incurred; ii) the professional(s) who incurred the expense; iii) a 

description of the expense incurred; and iv) the amount of each expense for which 

reimbursement is sought. 

NOTICE 

Pursuant to the Interim Compensation Order, Ankura has provided notice of this Fee 

Statement to: 

a. attorneys for the Oversight Board, Proskauer Rose, LLP, Eleven Times 

Square, New York, NY 10036, Attn: Martin J. Bienenstock, Esq. and Ehud 

Barak, Esq., and Proskauer Rose, LLP, 70 West Madison Street, Chicago, 

IL 60602, Attn: Paul V. Possinger, Esq.; 

b. attorneys for the Oversight Board, O’Neill & Borges, LLC, 250 Muñoz 

Rivera Ave., Suite 800, San Juan, PR 00918, Attn: Hermann D. Bauer, 

Esq.; 

c. attorneys for the Puerto Rico Fiscal Agency and Financial Advisory 

Authority, O’Melveny & Myers, LLP, Times Square Tower, 7 Times 

Square, New York, NY 10036, Attn: John J. Rapisardi, Esq., Suzzanne 

Uhland, Esq., and Diana M. Perez, Esq.; 

d. the Office of the United States Trustee for the District of Puerto Rico, 

Edificio Ochoa, 500 Tanca Street, Suite 301, San Juan, PR 00901 (re: In re: 

Commonwealth of Puerto Rico); 

e. attorneys for the Official Committee of Unsecured Creditors, Paul Hastings, 

LLP, 200 Park Ave., New York, NY 10166, Attn: Luc. A Despins, Esq.; 

f. attorneys for the Official Committee of Unsecured Creditors, Casillas, 

Santiago & Torres, LLC, El Caribe Office Building, 53 Palmeras Street, 

Ste. 1601, San Juan, PR 00901, Attn: Juan J. Casillas Ayala, Esq. and 

Alberto J.E. Aenses Negron, Esq.; 

g. attorneys for the Official Committee of Retired Employees, Jenner & 

Block, LLP, 919 Third Ave., New York, NY 10022, Attn: Robert Gordon, 

Esq. and Richard Levin, Esq., and Jenner & Block, LLP, 353 N. Clark 

Street, Chicago, IL 60654, Attn: Catherine Steege, Esq. and Melissa Root, 

Esq.; 

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4 

h. attorneys for the Official Committee of Retired Employees, Bennazar, 

García & Milián, C.S.P., Edificio Union Plaza, PH-A, 416 Ave. Ponce de 

León, Hato Rey, PR 00918, Attn: A.J. Bennazar-Zequeira, Esq.; and, 

i. the fee examiner, as retained with Court approval, Godfey & Kahn, S.C., 

One East Main Street, Suite 500, Madison, WI 53703-3300, Attn: Brady C. 

Williamson. 

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EXHIBIT A 

SUMMARY OF PROFESSIONAL FEES BY TASK CODE 

 

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Exhibit A - Summary of Professional Fees by Task Code

 Code Time Category Total 

Hours Total Fees 

Fiscal Plan and Operational Related Matters

6 Asset Sales 28,919.00 51.0 $ 

3 Fiscal Plan and Implementation 230.0 126,299.50 $ 

Liquidity Related Matters

2 Cash and Liquidity Analysis 159.4 109,313.50 $ 

51 Cash and Liquidity Analysis - Public Assistance Program (Hurricanes) 2.7 976.00 $ 

Title III Matters

25 Preparation of Fee Statements and Applications 52.4 22,919.50 $ 

Other Matters

50 General Meetings with FOMB, UCC and/or Advisors 214.0 124,160.00 $ 

Total 412,587.50 709.5 $ 

Exhibit A

August 31, 2021 / #PR00049 1 of 1

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EXHIBIT B 

SUMMARY OF HOURS AND FEES BY PROFESSIONAL 

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Exhibit B - Summary of Hours and Fees by Professional

 Professional Position Billing 

Rate 

 Total 

Hours Total Fees 

Turnaround & Restructuring

Crisalli, Paul Senior Managing Director 875.00 $ 140.0 $ 122,500.00

San Miguel, Jorge Senior Managing Director 620.00 $ 74.1 $ 45,942.00

Gil, Gerard Managing Director 500.00 $ 76.4 $ 38,200.00

Porter, Lucas Senior Director (1) 570.00 $ 132.8 $ 75,696.00

Keys, Jamie Senior Associate (1) 330.00 $ 96.0 $ 31,680.00

Marino, Nicholas Senior Associate 495.00 $ 121.1 $ 59,944.50

Parker, Christine Analyst 200.00 $ 24.0 $ 4,800.00

SUBTOTAL 664.4 $ 378,762.50

Other Practice Groups

Smith, James Senior Managing Director 750.00 $ 45.1 $ 33,825.00

SUBTOTAL 45.1 $ 33,825.00

TOTAL 412,587.50 709.5 $ 

Note:

(1) Title reflects promotion of professional, however, hourly rate reflects rate pursuant to the original PSA.

Exhibit B

August 31, 2021 / #PR00049 1 of 1

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EXHIBIT C 

COMPLETE ACCOUNTING OF PROFESSIONAL FEES 

INCLUDING ITEMIZED TIME RECORDS IN CHRONOLOGICAL ORDER 

 

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Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

7/1/21 0.6 495.00 $ 297.00 $ Prepare the assumptions tab for the fuel working capital analysis financial 

model.

Not in PR

6 Porter, Lucas 7/1/21 0.8 570.00 $ 456.00 $ Review draft summary memorandum received from N. Marino (ACG) related to 

the draft GridCo GenCo Operating Agreement developed by P3 Authority.

Not in PR

6 Porter, Lucas 7/1/21 0.9 570.00 $ 513.00 $ Review the updated draft GridCo-GenCo Operating Agreement provided by G. 

Gil (ACG) developed by P3 Authority.

Not in PR

50 Porter, Lucas 7/1/21 0.8 570.00 $ 456.00 $ Participate on call with G. Soto (Luma) to discuss status of generation system 

operations in preparation for the 7/9/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 7/1/21 0.4 875.00 $ 350.00 $ Review the May 2021 AEE-meta file to inform operating and financial metrics 

for the July 2021 cash flow budget.

Not in PR

6 Marino, 

Nicholas

7/1/21 0.8 495.00 $ 396.00 $ Revise the summary of highlights and key terms of the draft GridCo-GenCo 

Operating Agreement developed by P3 Authority for distribution to the Ankura 

team.

Not in PR

25 Parker, 

Christine

7/1/21 1.1 200.00 $ 220.00 $ Update Exhibits A, B and C of the Ankura June 2021 monthly fee statement. Not in PR

6 Gil, Gerard 7/1/21 0.5 500.00 $ 250.00 $ Participate on call with K. Bolanos (DV) regarding next steps on the draft 

GridCo-GenCo Operating Agreement negotiation required under the T&D 

O&M agreement.

PR

2 Crisalli, Paul 7/1/21 0.7 875.00 $ 612.50 $ Review the April 2021 monthly operating report and update generation dispatch 

model and cash flow model for related financial and operational information and 

key metrics.

Not in PR

2 Crisalli, Paul 7/1/21 2.8 875.00 $ 2,450.00 $ Prepare the reconciliation of dispatch model assumption to the fuel and 

purchased power forecast to inform the July 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

7/1/21 1.2 495.00 $ 594.00 $ Review and quality check the revised fuel working capital financial model per 

L. Porter (ACG).

Not in PR

50 Porter, Lucas 7/1/21 0.3 570.00 $ 171.00 $ Review the daily generation availability report received from G. Soto (Luma) to 

inform updates for the 7/9/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 7/1/21 0.9 875.00 $ 787.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

7/2/21.

Not in PR

3 Porter, Lucas 7/1/21 0.8 570.00 $ 456.00 $ Participate on call with P. Crisalli (ACG) to discuss the fuel working capital 

analysis to advance FY 2022 fiscal plan initiative implementation. 

Not in PR

3 Marino, 

Nicholas

7/1/21 2.3 495.00 $ 1,138.50 $ Review prior years FOMB certified fiscal plans to inform F. Padilla (PREPA) 

and PREPA management of changes to FY 2021 fiscal plan related to fiscal 

plan overview presentation materials.

Not in PR

50 Keys, Jamie 7/1/21 0.7 330.00 $ 231.00 $ Prepare submission of the weekly Excel files for creditor mediation and fiscal 

plan related reporting.

Not in PR

2 Crisalli, Paul 7/1/21 0.6 875.00 $ 525.00 $ Reconcile the accounts payable, supplier payment history and invoice data 

related to renewable suppliers to inform the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/1/21 0.2 570.00 $ 114.00 $ Prepare responding information for S. Wiess (Luma) regarding the PREPA FY 

2022 budget.

Not in PR

2 Crisalli, Paul 7/1/21 1.2 875.00 $ 1,050.00 $ Update the generation dispatch model for the July 2021 cash flow budget for 

actuals based on the J28 and ECC reports.

Not in PR

3 Crisalli, Paul 7/1/21 0.7 875.00 $ 612.50 $ Prepare the post-certification fiscal plan reports for week ended 6/25/21. Not in PR

6 San Miguel, 

Jorge

7/1/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding outline for meeting with 

PREPA and P3 Authority representatives regarding the draft GridCo-GenCo 

Operating Agreement.

PR

2 Crisalli, Paul 7/1/21 0.8 875.00 $ 700.00 $ Update the generation dispatch model for the July 2021 cash flow budget for 

actual AES, EcoElectrica, Naturgy and NFE invoice data from March, April and 

May 2021.

Not in PR

50 Marino, 

Nicholas

7/1/21 1.1 495.00 $ 544.50 $ Review PREPA-related news to inform discussion materials for the 7/9/21 biweekly mediation call.

Not in PR

6 Gil, Gerard 7/1/21 0.7 500.00 $ 350.00 $ Participate on call with I. Perez (P3A), K. Bolanos (DV) and P3 Authority 

advisors to discuss the draft GridCo-GenCo Operating Agreement required 

under the T&D O&M agreement.

PR

6 San Miguel, 

Jorge

7/1/21 0.8 620.00 $ 496.00 $ Review the draft GridCo-GenCo Operational Agreement provided by G. Gil 

(ACG) in preparation for meeting to discuss comments thereto with F. Padilla 

(PREPA) and representatives of Diaz & Vazquez.

PR

3 Porter, Lucas 7/1/21 0.9 570.00 $ 513.00 $ Review the draft FOMB budget proposal to inform response to S. Wiess (Luma) 

regarding the PREPA FY 2022 budget.

Not in PR

3 Porter, Lucas 7/1/21 1.2 570.00 $ 684.00 $ Review the 6/30/21 updated monthly generation analysis results based on data 

received from T. Rivera (Luma) to inform updates to FY 2022 fiscal plan 

projections and reporting.

Not in PR

6 Gil, Gerard 7/1/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding outline for 

meeting with PREPA and P3 Authority representatives regarding the draft 

GridCo-GenCo Operating Agreement.

PR

3 Crisalli, Paul 7/1/21 0.8 875.00 $ 700.00 $ Participate on call with L. Porter (ACG) to discuss the fuel working capital 

analysis to advance FY 2022 fiscal plan initiative implementation. 

Not in PR

Exhibit C

August 31, 2021 / #PR00049 1 of 33

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Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Porter, Lucas 7/1/21 0.5 570.00 $ 285.00 $ Prepare responding comments and suggested revisions for N. Marino (ACG) 

regarding the draft GridCo-GenCo Operating Agreement developed by P3 

Authority.

Not in PR

3 Porter, Lucas 7/1/21 0.4 570.00 $ 228.00 $ Review the draft fuel working capital analysis received from P. Crisalli (ACG) 

to advance FY 2022 fiscal plan initiative implementation.

Not in PR

3 Porter, Lucas 7/2/21 0.6 570.00 $ 342.00 $ Review the FY 2021 certified budget support documents to inform response to 

requests received from P. Crisalli (ACG).

Not in PR

6 Marino, 

Nicholas

7/2/21 0.6 495.00 $ 297.00 $ Finalize the summary of highlights and key terms of the draft GridCo-GenCo 

Operating Agreement developed by P3 Authority for distribution to the Ankura 

team.

Not in PR

25 Parker, 

Christine

7/2/21 1.0 200.00 $ 200.00 $ Assemble time descriptions for the period 6/1/21 - 6/5/21 for inclusion in the 

Ankura June 2021 monthly fee statement.

Not in PR

25 Parker, 

Christine

7/2/21 0.9 200.00 $ 180.00 $ Assemble time descriptions for the period 6/6/21 - 6/12/21 for inclusion in the 

Ankura June 2021 monthly fee statement.

Not in PR

2 Crisalli, Paul 7/2/21 0.6 875.00 $ 525.00 $ Update the reconciliation of health plan related invoices, payables and recent 

payments and compare to the FY 2022 certified budget to inform the July 2021 

cash flow forecast.

Not in PR

6 Porter, Lucas 7/2/21 0.6 570.00 $ 342.00 $ Prepare comments for G. Gil (ACG) related to the draft GridCo-GenCo 

Operating Agreement developed by P3 Authority.

Not in PR

50 Marino, 

Nicholas

7/2/21 1.3 495.00 $ 643.50 $ Review and aggregate PREPA-related news to inform discussion materials for 

the 7/9/21 bi-weekly mediation call. 

Not in PR

3 Marino, 

Nicholas

7/2/21 2.1 495.00 $ 1,039.50 $ Review the executive summary and historical context chapters of prior years 

FOMB certified PREPA fiscal plans to inform presentation materials for F. 

Padilla (PREPA) and PREPA management. 

Not in PR

6 Porter, Lucas 7/2/21 0.7 570.00 $ 399.00 $ Review the updated draft summary memorandum received from N. Marino 

(ACG) related to the draft GridCo-GenCo Operating Agreement developed by 

P3 Authority.

Not in PR

3 Porter, Lucas 7/2/21 0.2 570.00 $ 114.00 $ Correspond with P. Crisalli (ACG) regarding actual results relative to the 

PREPA FY 2021 certified budget.

Not in PR

25 Parker, 

Christine

7/2/21 0.8 200.00 $ 160.00 $ Assemble time descriptions for the period 6/13/21 - 6/19/21 for inclusion in the 

Ankura June 2021 monthly fee statement.

Not in PR

3 Marino, 

Nicholas

7/2/21 1.7 495.00 $ 841.50 $ Review the financial projections and assumptions chapters of prior years FOMB 

certified PREPA fiscal plans to inform presentation materials for F. Padilla 

(PREPA) and PREPA management. 

Not in PR

2 Crisalli, Paul 7/2/21 0.4 875.00 $ 350.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

25 Parker, 

Christine

7/6/21 1.0 200.00 $ 200.00 $ Review time descriptions for inclusion in the Ankura June 2021 monthly fee 

statement.

Not in PR

50 Smith, James 7/6/21 0.5 750.00 $ 375.00 $ Participate on call with J. San Miguel (ACG) to discuss operations, 

transformation and regulatory updates in preparation for the 7/9/21 bi-weekly 

mediation call.

Not in PR

25 Parker, 

Christine

7/6/21 0.8 200.00 $ 160.00 $ Assemble time descriptions for the period 6/20/21 - 6/26/21 for inclusion in the 

Ankura June 2021 monthly fee statement.

Not in PR

3 Marino, 

Nicholas

7/6/21 2.2 495.00 $ 1,089.00 $ Review the detailed investment program and new rate structure chapters of prior 

years FOMB certified PREPA fiscal plans to inform F. Padilla (PREPA) and 

PREPA management of changes to FY 2021 fiscal plan related to fiscal plan 

overview presentation materials.

Not in PR

6 Porter, Lucas 7/6/21 0.5 570.00 $ 285.00 $ Participate on call with J. San Miguel (ACG) to discuss the draft GridCo-GenCo 

Operating Agreement developed by P3 Authority.

Not in PR

2 Keys, Jamie 7/6/21 0.4 330.00 $ 132.00 $ Review the latest PUMA schedule provided by V. Rivera (PREPA) for use in 

the July 2021 cash flow budget.

Not in PR

50 Porter, Lucas 7/6/21 0.4 570.00 $ 228.00 $ Review the generation status update report received from J. Smith (ACG) to 

inform updates for the 7/9/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

7/6/21 0.8 620.00 $ 496.00 $ Review the updated cash flow projections and current assumptions provided by 

P. Crisalli (ACG) in preparation for the 7/9/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

7/6/21 0.7 620.00 $ 434.00 $ Review and revise the initial draft agenda for the 7/9/21 bi-weekly mediation 

call.

PR

3 Marino, 

Nicholas

7/6/21 1.9 495.00 $ 940.50 $ Review the operational performance improvements and operational savings 

chapters of prior years FOMB certified PREPA fiscal plans to inform 

development of presentation materials requested by G. Gil (ACG) for PREPA 

management.

Not in PR

50 Marino, 

Nicholas

7/6/21 1.7 495.00 $ 841.50 $ Review and aggregate PREPA-related news to inform discussion materials for 

the 7/9/21 bi-weekly mediation call. 

Not in PR

50 Smith, James 7/6/21 1.5 750.00 $ 1,125.00 $ Prepare supporting materials and update draft notes in preparation for the 7/9/21 

bi-weekly mediation call.

Not in PR

2 Keys, Jamie 7/6/21 0.5 330.00 $ 165.00 $ Revise the cash flow outputs for the week ended 7/2/21 per revisions provided 

by J. Roque (Luma).

Not in PR

6 Porter, Lucas 7/6/21 1.1 570.00 $ 627.00 $ Review the updated draft GridCo-GenCo Operating Agreement provided by G. 

Gil (ACG) in preparation for call with P3 Authority and Luma.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 2 of 33

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Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

7/6/21 1.4 620.00 $ 868.00 $ Review the PREB docket for PREPA and Luma and recent filings on emergency 

plans and performance metrics to inform the 7/9/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

7/6/21 0.5 620.00 $ 310.00 $ Participate on call with J. Smith (ACG) to discuss operations, transformation 

and regulatory updates in preparation for the 7/9/21 bi-weekly mediation call.

PR

2 Keys, Jamie 7/6/21 1.4 330.00 $ 462.00 $ Prepare the weekly cash flow outputs for the week ended 7/2/21 for review by P. 

Crisalli (ACG).

Not in PR

25 Keys, Jamie 7/6/21 0.5 330.00 $ 165.00 $ Review the current draft of the Ankura eleventh interim fee application for 

comments provided by the Ankura team.

Not in PR

6 San Miguel, 

Jorge

7/6/21 0.6 620.00 $ 372.00 $ Prepare outline of matters to be discussed with P3 Authority and PREPA related 

to the proposed GridCo-GenCo Operating Agreement.

PR

50 Porter, Lucas 7/6/21 0.2 570.00 $ 114.00 $ Correspond with G. Soto (Luma) regarding schedule for the status update call 

related to generation in advance of the 7/9/21 bi-weekly mediation call.

Not in PR

6 San Miguel, 

Jorge

7/6/21 0.5 620.00 $ 310.00 $ Participate on call with L. Porter (ACG) to discuss the draft GridCo-GenCo 

Operating Agreement developed by P3 Authority.

PR

2 Keys, Jamie 7/6/21 0.7 330.00 $ 231.00 $ Participate on telephone call with S. Diaz (ARI) regarding estimated FEMA 

reimbursements for use in the July 2021 cash flow budget.

Not in PR

50 Porter, Lucas 7/7/21 0.9 570.00 $ 513.00 $ Review PREB regulatory dockets to inform updates for the 7/9/21 bi-weekly 

mediation call.

Not in PR

50 Smith, James 7/7/21 1.5 750.00 $ 1,125.00 $ Review recording of the House Committee on Natural Resources, Subcommittee 

on Oversight and Investigations virtual hearing testimony regarding the status 

plans for the AES coal-fired power plant and prepare summary in advance of the 

7/9/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 7/7/21 0.3 875.00 $ 262.50 $ Participate on call with J. Roque (Luma) regarding the July 2021 cash flow 

budget, work plan and requests for information.

Not in PR

50 Crisalli, Paul 7/7/21 0.3 875.00 $ 262.50 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

2 Crisalli, Paul 7/7/21 0.2 875.00 $ 175.00 $ Participate on call with J. Keys (ACG) regarding the weekly cash flow reporting 

open items.

Not in PR

3 Porter, Lucas 7/7/21 0.7 570.00 $ 399.00 $ Prepare request for information with supporting materials for FOMB related to 

preparation of revised FY 2022 fiscal plan financial model.

Not in PR

2 Crisalli, Paul 7/7/21 0.7 875.00 $ 612.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

50 Porter, Lucas 7/7/21 0.4 570.00 $ 228.00 $ Develop list of additional PREB regulatory dockets for N. Marino (ACG) to 

inform updates for the 7/9/21 bi-weekly mediation call.

Not in PR

50 Smith, James 7/7/21 0.5 750.00 $ 375.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) in support of the creditor reporting workstream.

Not in PR

50 San Miguel, 

Jorge

7/7/21 0.8 620.00 $ 496.00 $ Review the PREPA Board of Directors June 2021 meeting record for update and 

discussion with J. Smith (ACG) related to transition developments between 

Luma and PREPA.

PR

50 San Miguel, 

Jorge

7/7/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) to discuss updated cash flow and 

liquidity budget reports in preparation for the 7/9/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

7/7/21 0.7 620.00 $ 434.00 $ Review and comment on the updated draft agenda for the 7/9/21 bi-weekly 

mediation call provided by J. Smith (ACG).

PR

2 Keys, Jamie 7/7/21 0.2 330.00 $ 66.00 $ Participate on call with P. Crisalli (ACG) regarding the weekly cash flow 

reporting open items.

Not in PR

2 Crisalli, Paul 7/7/21 0.5 875.00 $ 437.50 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

6 Gil, Gerard 7/7/21 1.4 500.00 $ 700.00 $ Participate on call with K. Bolanos (DV), L. Porter (ACG) and representatives 

of P3 Authority and Luma to discuss revisions to the GridCo-GenCo Operating 

Agreement.

PR

2 Keys, Jamie 7/7/21 0.8 330.00 $ 264.00 $ Revise the cash flow outputs for the week ended 7/2/21 per comments provided 

by P. Crisalli (ACG).

Not in PR

2 Crisalli, Paul 7/7/21 0.1 875.00 $ 87.50 $ Participate on call with N. Morales (PREPA) regarding the weekly cash flow 

reporting status update.

Not in PR

3 Porter, Lucas 7/7/21 0.3 570.00 $ 171.00 $ Prepare request for analysis for N. Marino (ACG) regarding initial draft revised 

FY 2022 fiscal plan financial model provided by Y. Hickey (FOMB).

Not in PR

50 Marino, 

Nicholas

7/7/21 2.1 495.00 $ 1,039.50 $ Begin updating the PREPA regulatory proceeding summary document to 

include recent Luma proceedings ahead of the 7/9/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 7/7/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

50 Marino, 

Nicholas

7/7/21 1.4 495.00 $ 693.00 $ Aggregate and provide a summary update to recent news and events related to 

PREPA for J. Smith (ACG) ahead of the 7/9/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 7/7/21 1.1 570.00 $ 627.00 $ Review PREPA FY 2022 budget and fiscal plan submittals to FOMB to inform 

preparation of revised fiscal plan financial model.

Not in PR

50 Keys, Jamie 7/7/21 1.2 330.00 $ 396.00 $ Prepare the weekly FEMA flash report for the week ended 7/2/21 for review by 

P. Crisalli (ACG).

Not in PR

Exhibit C

August 31, 2021 / #PR00049 3 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 96 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Gil, Gerard 7/7/21 0.5 500.00 $ 250.00 $ Participate on call with J. San Miguel (ACG) to discuss next steps after meeting 

with P3 Authority and PREPA regarding the GenCo-GridCo Operating 

Agreement proposal.

PR

50 San Miguel, 

Jorge

7/7/21 0.3 620.00 $ 186.00 $ Review Title III court development related to Luma oversight to inform update 

for the 7/9/21 bi-weekly mediation call.

PR

50 Crisalli, Paul 7/7/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) to discuss updated cash flow and 

liquidity budget reports in preparation for the 7/9/21 bi-weekly mediation call.

Not in PR

50 Crisalli, Paul 7/7/21 0.9 875.00 $ 787.50 $ Review draft materials for the 7/9/21 bi-weekly mediation call and prepare 

supporting analysis and notes for the cash flow and liquidity section.

Not in PR

50 San Miguel, 

Jorge

7/7/21 0.6 620.00 $ 372.00 $ Review the updated cash flow and liquidity analysis and updated assumptions 

received from P. Crisalli (ACG) to inform the 7/9/21 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

7/7/21 2.0 495.00 $ 990.00 $ Continue review of the operational performance improvements and operational 

savings chapters of prior years FOMB certified PREPA fiscal plans to inform 

development of presentation materials requested by G. Gil (ACG) for PREPA 

management.

Not in PR

50 Crisalli, Paul 7/7/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

6 Porter, Lucas 7/7/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to prepare for call with P3 Authority and 

Luma representatives regarding the GridCo-GenCo Operating Agreement.

Not in PR

2 Crisalli, Paul 7/7/21 0.6 875.00 $ 525.00 $ Finalize the cash flow reporting for week ended 7/2/21. Not in PR

2 Keys, Jamie 7/7/21 0.4 330.00 $ 132.00 $ Prepare list of open items for the July 2021 cash flow budget in advance of 

discussion with P. Crisalli (ACG).

Not in PR

6 San Miguel, 

Jorge

7/7/21 0.4 620.00 $ 248.00 $ Review summary of correspondence with representatives of P3 Authority, 

PREPA and Luma related to the draft GridCo-GenCo Operating Agreement.

PR

50 Keys, Jamie 7/7/21 0.9 330.00 $ 297.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to mediation group.

Not in PR

6 Porter, Lucas 7/7/21 1.4 570.00 $ 798.00 $ Participate on call with K. Bolanos (DV), G. Gil (ACG) and representatives of 

P3 Authority and Luma to discuss revisions to the GridCo-GenCo Operating 

Agreement.

Not in PR

6 Gil, Gerard 7/7/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to prepare for call with P3 Authority 

and Luma representatives regarding the GridCo-GenCo Operating Agreement.

PR

3 Porter, Lucas 7/7/21 1.6 570.00 $ 912.00 $ Review initial draft FY 2022 fiscal plan financial model provided by Y. Hickey 

(FOMB) to inform requested revisions for release to creditor representatives.

Not in PR

50 Smith, James 7/7/21 0.4 750.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) to discuss comments to agenda 

notes for the 7/9/21 bi-weekly mediation call.

Not in PR

50 Porter, Lucas 7/7/21 0.2 570.00 $ 114.00 $ Prepare request to K. Bolanos (DV) regarding the regulatory proceedings 

summary schedule to inform updates for the 7/9/21 bi-weekly mediation call.

Not in PR

50 Porter, Lucas 7/7/21 0.6 570.00 $ 342.00 $ Prepare revised summary schedule on PREPA regulatory proceedings for G. Gil 

(ACG) and N. Marino (ACG) to inform updates for the 7/9/21 bi-weekly 

mediation call.

Not in PR

51 Keys, Jamie 7/7/21 1.1 330.00 $ 363.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to various 

project worksheets and the status of the weekly report for use in the FEMA flash 

report.

Not in PR

6 San Miguel, 

Jorge

7/7/21 0.5 620.00 $ 310.00 $ Participate on call with G. Gil (ACG) to discuss next steps after meeting with P3 

Authority and PREPA regarding the GenCo-GridCo Operating Agreement 

proposal.

PR

50 Porter, Lucas 7/7/21 1.3 570.00 $ 741.00 $ Review regulatory filings summary schedule prepared by K. Bolanos (DV) to 

inform discussion for the 7/9/21 bi-weekly mediation call.

Not in PR

2 Keys, Jamie 7/7/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast sent to N. Morales (PREPA) by P. Crisalli 

(ACG).

Not in PR

50 Marino, 

Nicholas

7/7/21 0.9 495.00 $ 445.50 $ Review and aggregate PREPA-related news to inform discussion materials for 

the 7/9/21 bi-weekly mediation call.

Not in PR

6 San Miguel, 

Jorge

7/7/21 0.1 620.00 $ 62.00 $ Correspond with G. Gil (ACG) regarding questions regarding the draft GridCoGenCo Operating Agreement.PR

50 San Miguel, 

Jorge

7/7/21 0.4 620.00 $ 248.00 $ Participate on call with J. Smith (ACG) to discuss comments to agenda notes for 

the 7/9/21 bi-weekly mediation call.

PR

50 Smith, James 7/7/21 1.5 750.00 $ 1,125.00 $ Replay video recording and prepare notes of the 6/30/21 PREPA Board of 

Directors meeting in preparation for the 7/9/21 bi-weekly mediation call.

Not in PR

50 Keys, Jamie 7/7/21 0.6 330.00 $ 198.00 $ Prepare the weekly creditor mediation reporting package for distribution. Not in PR

2 Keys, Jamie 7/7/21 0.7 330.00 $ 231.00 $ Review the open items related to the July 2021 cash flow budget. Not in PR

50 San Miguel, 

Jorge

7/7/21 0.4 620.00 $ 248.00 $ Prepare follow-up due diligence questions related to the draft cash flow and 

liquidity budget data for P. Crisalli (ACG).

PR

50 Keys, Jamie 7/7/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly creditor 

mediation reports.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 4 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 97 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Smith, James 7/7/21 1.6 750.00 $ 1,200.00 $ Review the July 2021 update to the PREPA 10-year infrastructure plan and 

summarize key changes in preparation for the 7/9/21 bi-weekly mediation call.

Not in PR

50 Smith, James 7/8/21 1.8 750.00 $ 1,350.00 $ Prepare the fleet status report for distribution to mediation group for the 7/9/21 

bi-weekly mediation call.

Not in PR

50 Keys, Jamie 7/8/21 0.8 330.00 $ 264.00 $ Prepare submission of the weekly Excel files for creditor mediation and fiscal 

plan related reporting.

Not in PR

2 Keys, Jamie 7/8/21 0.4 330.00 $ 132.00 $ Review the May and June 2021 renewables information provided by R. Acosta 

(PREPA) for use in the July 2021 cash flow budget.

Not in PR

50 Smith, James 7/8/21 1.7 750.00 $ 1,275.00 $ Update draft discussion notes for the 7/9/21 bi-weekly mediation call based on 

comments and information received from Ankura team.

Not in PR

50 San Miguel, 

Jorge

7/8/21 0.3 620.00 $ 186.00 $ Participate on call with L. Porter (ACG) to discuss the hydro generation assets, 

the Congressional testimony on PREPA, and agenda updates for the 7/9/21 biweekly mediation call.

PR

3 Marino, 

Nicholas

7/8/21 2.1 495.00 $ 1,039.50 $ Revise the PREPA and Luma regulatory proceeding summary document 

following call with L. Porter (ACG).

Not in PR

50 San Miguel, 

Jorge

7/8/21 0.6 620.00 $ 372.00 $ Review summary of the certified fiscal plan model provided by L. Porter (ACG) 

in preparation for the 7/9/21 bi-weekly mediation call.

PR

3 Porter, Lucas 7/8/21 0.2 570.00 $ 114.00 $ Prepare request for clarification to G. Soto (Luma) to inform the generation 

operational report for the week ending 7/4/21 required by the FY 2022 certified 

fiscal plan.

Not in PR

50 Crisalli, Paul 7/8/21 0.6 875.00 $ 525.00 $ Prepare follow-up research and analysis of certain cash flow budget versus 

actual variances in preparation for the 7/9/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

7/8/21 1.3 620.00 $ 806.00 $ Review PREPA operational, financial and transformation reports from the 

6/30/21 PREPA Board of Directors public meeting to inform updates during the 

7/9/21 bi-weekly mediation call.

PR

50 Smith, James 7/8/21 0.8 750.00 $ 600.00 $ Review the PREB regulatory dockets to obtain updates for the 7/9/21 bi-weekly 

mediation call.

Not in PR

50 Porter, Lucas 7/8/21 0.5 570.00 $ 285.00 $ Prepare revised list of PREB regulatory dockets for N. Marino (ACG) to inform 

updates for the 7/9/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

7/8/21 0.4 620.00 $ 248.00 $ Follow-up with A. Rodriguez (PREPA) and N. Morales (PREPA) regarding the 

hydro power generation asset inquiry received from creditor stakeholders in 

preparation for the 7/9/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

7/8/21 0.6 620.00 $ 372.00 $ Review and consider input provided by G. Gil (ACG) regarding update 

information for the 7/9/21 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

7/8/21 1.2 495.00 $ 594.00 $ Continue revising the PREPA and Luma regulatory proceeding summary 

document following call with L. Porter (ACG).

Not in PR

25 Parker, 

Christine

7/8/21 0.7 200.00 $ 140.00 $ Review time descriptions for inclusion in the Ankura June 2021 monthly fee 

statement.

Not in PR

50 San Miguel, 

Jorge

7/8/21 0.4 620.00 $ 248.00 $ Participate in discussion with J. Smith (ACG) regarding the revised agenda 

items for the 7/9/21 bi-weekly mediation call.

PR

50 Keys, Jamie 7/8/21 0.8 330.00 $ 264.00 $ Review the current draft of the 7/9/21 bi-weekly mediation call agenda 

circulated by J. Smith (ACG).

Not in PR

25 Parker, 

Christine

7/8/21 1.1 200.00 $ 220.00 $ Assemble time descriptions for the period 6/27/21 - 6/30/21 for inclusion in the 

Ankura June 2021 monthly fee statement.

Not in PR

50 Crisalli, Paul 7/8/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to discuss the cash flow and 

liquidity update for the 7/9/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 7/8/21 1.3 570.00 $ 741.00 $ Continue review of initial draft FY 2022 fiscal plan financial model provided by 

Y. Hickey (FOMB) to inform requested revisions for release to creditor 

representatives.

Not in PR

2 Keys, Jamie 7/8/21 1.3 330.00 $ 429.00 $ Participate on telephone call with J. Parsons (Claro) regarding the current status 

of the earthquake insurance claim for use in the July 2021 cash flow budget.

Not in PR

50 Gil, Gerard 7/8/21 1.0 500.00 $ 500.00 $ Review and provide input to J. San Miguel (ACG) on draft materials for the 

7/9/21 bi-weekly mediation call.

PR

50 Porter, Lucas 7/8/21 0.4 570.00 $ 228.00 $ Participate on call with N. Marino (ACG) to discuss PREB regulatory 

proceeding updates for the 7/9/21 bi-weekly mediation call.

Not in PR

50 Porter, Lucas 7/8/21 0.3 570.00 $ 171.00 $ Participate on call with J. San Miguel (ACG) to discuss the hydro generation 

assets, the Congressional testimony on PREPA, and agenda updates for the 

7/9/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 7/8/21 1.0 570.00 $ 570.00 $ Prepare comments on initial draft FY 2022 fiscal plan financial model for Y. 

Hickey (FOMB) to inform requested revisions for release to creditor 

representatives.

Not in PR

2 Keys, Jamie 7/8/21 1.2 330.00 $ 396.00 $ Prepare the monthly bank account balance reports for review by P. Crisalli 

(ACG).

Not in PR

50 San Miguel, 

Jorge

7/8/21 1.3 620.00 $ 806.00 $ Further edit draft discussion items for the 7/9/21 bi-weekly mediation call and 

circulate to Ankura working group for additional inputs.

PR

50 Marino, 

Nicholas

7/8/21 1.9 495.00 $ 940.50 $ Update the PREPA and Luma regulatory proceeding summary document ahead 

of the 7/9/21 bi-weekly mediation call.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 5 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 98 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Porter, Lucas 7/8/21 0.6 570.00 $ 342.00 $ Review D. Owens (PREPA) testimony to U.S. Congressional Committee 

regarding operational updates to inform the 7/9/21 bi-weekly mediation call.

Not in PR

25 Parker, 

Christine

7/8/21 1.3 200.00 $ 260.00 $ Revise Exhibits A, B and C of the Ankura June 2021 monthly fee statement. Not in PR

50 Porter, Lucas 7/8/21 0.9 570.00 $ 513.00 $ Review draft call notes from J. San Miguel (ACG) and J. Smith (ACG) 

regarding operational and financial matters for 7/9/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

7/8/21 0.1 620.00 $ 62.00 $ Review the requests for information received from creditor stakeholder related 

to hydro power assets in preparation for the 7/9/21 bi-weekly mediation call.

PR

3 Porter, Lucas 7/8/21 0.8 570.00 $ 456.00 $ Review the updated daily generation reports from G. Soto (Luma) for 

development of the generation operational report for the week ending 7/4/21 

required by the FY 2022 certified fiscal plan.

Not in PR

50 San Miguel, 

Jorge

7/8/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) to discuss the cash flow and liquidity 

update for the 7/9/21 bi-weekly mediation call.

PR

50 Porter, Lucas 7/8/21 1.1 570.00 $ 627.00 $ Revise draft call notes for J. San Miguel (ACG) and J. Smith (ACG) to inform 

the 7/9/21 bi-weekly mediation call.

Not in PR

50 Smith, James 7/8/21 1.0 750.00 $ 750.00 $ Review news and other public information regarding the Luma and PREPA 

operations in preparation for the 7/9/21 bi-weekly mediation call.

Not in PR

50 Porter, Lucas 7/8/21 0.6 570.00 $ 342.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) regarding 

generation system status updates in preparation for the 7/9/21 bi-weekly 

mediation call.

Not in PR

50 Smith, James 7/8/21 0.4 750.00 $ 300.00 $ Participate in discussion with J. San Miguel (ACG) regarding the revised 

agenda items for the 7/9/21 bi-weekly mediation call.

Not in PR

50 Marino, 

Nicholas

7/8/21 0.4 495.00 $ 198.00 $ Participate on call with L. Porter (ACG) to discuss PREB regulatory proceeding 

updates for the 7/9/21 bi-weekly mediation call.

Not in PR

50 Porter, Lucas 7/8/21 0.8 570.00 $ 456.00 $ Analyze index fuel pricing data from S&P Global data service to inform updates 

on the 7/9/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 7/8/21 1.5 570.00 $ 855.00 $ Prepare generation operational report for the week ending 7/4/21 based on data 

from G. Soto (Luma) for FOMB as required by the FY 2022 PREPA fiscal plan.

Not in PR

50 Marino, 

Nicholas

7/8/21 2.3 495.00 $ 1,138.50 $ Continue updating the PREPA regulatory proceeding summary document to 

include Luma proceedings ahead of the 7/9/21 bi-weekly mediation call.

Not in PR

50 Smith, James 7/8/21 0.6 750.00 $ 450.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) regarding 

generation system status updates in preparation for the 7/9/21 bi-weekly 

mediation call.

Not in PR

50 Porter, Lucas 7/8/21 0.7 570.00 $ 399.00 $ Continue review of PREB regulatory dockets to inform updates for the 7/9/21 biweekly mediation call.

Not in PR

2 Crisalli, Paul 7/9/21 0.2 875.00 $ 175.00 $ Correspond with B. Walshe (Luma) regarding open items related to purchased 

power invoices for July 2021 cash flow budget.

Not in PR

50 Keys, Jamie 7/9/21 0.7 330.00 $ 231.00 $ Review the current draft of the bi-weekly mediation call agenda circulated by J. 

San Miguel (ACG).

Not in PR

50 Gil, Gerard 7/9/21 0.5 500.00 $ 250.00 $ Participate in meeting with J. San Miguel (ACG) to discuss comments to draft 

materials in advance of the bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

7/9/21 0.6 620.00 $ 372.00 $ Review and edit the draft materials for the 7/9/21 bi-weekly mediation call for 

input provided by M. DiConza (OMM).

PR

50 Marino, 

Nicholas

7/9/21 0.5 495.00 $ 247.50 $ Participate on the bi-weekly mediation call. Not in PR

50 Gil, Gerard 7/9/21 0.2 500.00 $ 100.00 $ Participate on follow-up call with J. San Miguel (ACG) and J. Smith (ACG) 

regarding next steps and additional requests for information received from 

creditor representatives during the bi-weekly mediation call.

PR

50 Smith, James 7/9/21 0.3 750.00 $ 225.00 $ Participate on call with J. San Miguel (ACG) regarding the PREPA operations 

report for June 2021 and initial days of July to inform discussion points for the 

bi-weekly mediation call.

Not in PR

50 Smith, James 7/9/21 0.2 750.00 $ 150.00 $ Participate on follow-up call with J. San Miguel (ACG) and G. Gil (AG) 

regarding next steps and additional requests for information received from 

creditor representatives during the bi-weekly mediation call.

Not in PR

50 Gil, Gerard 7/9/21 0.5 500.00 $ 250.00 $ Participate on the bi-weekly mediation call. PR

50 San Miguel, 

Jorge

7/9/21 0.2 620.00 $ 124.00 $ Correspond with J. Keys (ACG) regarding follow-up tasks related to FEMA 

funding matters to inform the requests for information received from creditors 

during the bi-weekly mediation call.

PR

50 Smith, James 7/9/21 0.2 750.00 $ 150.00 $ Review the agreement related to the Toro Negro hydro plant to inform responses 

to creditor questions and in preparation for the bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

7/9/21 1.7 495.00 $ 841.50 $ Review and quality-check the draft FY 2021 fiscal plan financial model 

received from FOMB to be distributed to the creditors data room.

Not in PR

50 San Miguel, 

Jorge

7/9/21 0.3 620.00 $ 186.00 $ Participate on call with J. Smith (ACG) regarding the PREPA operations report 

for June 2021 and initial days of July to inform discussion points for the biweekly mediation call.

PR

Exhibit C

August 31, 2021 / #PR00049 6 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 99 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

7/9/21 1.8 620.00 $ 1,116.00 $ Review and edit final update report provided by J. Smith (ACG) for use in the biweekly mediation call.PR

2 Crisalli, Paul 7/9/21 0.2 875.00 $ 175.00 $ Correspond with E. Barbosa (PREPA) regarding fuel and purchased power 

related items for the July 2021 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

7/9/21 0.2 620.00 $ 124.00 $ Participate on follow-up call with J. Smith (ACG) and G. Gil (ACG) regarding 

next steps and additional requests for information received from creditor 

representatives during the bi-weekly mediation call.

PR

50 Porter, Lucas 7/9/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) regarding regulatory updates in 

preparation for the bi-weekly mediation call.

Not in PR

50 Porter, Lucas 7/9/21 0.4 570.00 $ 228.00 $ Review comments and responses received from J. Bowe (K&S) and J. San 

Miguel (ACG) regarding operational and regulatory updates for the bi-weekly 

mediation call.

Not in PR

50 Marino, 

Nicholas

7/9/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) regarding regulatory updates in 

preparation for the bi-weekly mediation call.

Not in PR

2 Keys, Jamie 7/9/21 0.7 330.00 $ 231.00 $ Review the AES and EcoElectrica invoice information provided by B. Walsh 

(Luma) for use in the July 2021 cash flow budget.

Not in PR

50 Smith, James 7/9/21 0.4 750.00 $ 300.00 $ Review open items and provide update to J. San Miguel (ACG) regarding 

materials for the bi-weekly mediation call.

Not in PR

50 Smith, James 7/9/21 0.5 750.00 $ 375.00 $ Participate on the bi-weekly mediation call. Not in PR

50 San Miguel, 

Jorge

7/9/21 0.3 620.00 $ 186.00 $ Review and edit list of follow-up items and the requests for information 

received from creditors provided by N. Marino (ACG) and circulate to working 

group.

PR

50 Crisalli, Paul 7/9/21 0.5 875.00 $ 437.50 $ Participate on the bi-weekly mediation call. Not in PR

50 San Miguel, 

Jorge

7/9/21 1.1 620.00 $ 682.00 $ Review the PREPA filing at PREB related to the renewable energy generation 

and storage procurement plan update to inform discussion points for the biweekly mediation call.

PR

2 Keys, Jamie 7/9/21 1.1 330.00 $ 363.00 $ Participate on follow-up telephone call with J. Parsons (Claro) regarding the 

current status of the earthquake insurance claim for use in the July 2021 cash 

flow budget.

Not in PR

25 Parker, 

Christine

7/9/21 1.1 200.00 $ 220.00 $ Review time descriptions for the period 6/1/21 - 6/30/21 for inclusion in the 

June 2021 monthly fee statement.

Not in PR

50 San Miguel, 

Jorge

7/9/21 0.5 620.00 $ 310.00 $ Participate on the bi-weekly mediation call. PR

2 Keys, Jamie 7/9/21 0.4 330.00 $ 132.00 $ Prepare summary of expected earthquake insurance proceeds for P. Crisalli 

(ACG) for use in the July 2021 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

7/9/21 0.5 620.00 $ 310.00 $ Participate in meeting with G. Gil (ACG) to discuss comments to draft materials 

in advance of the bi-weekly mediation call.

PR

50 Marino, 

Nicholas

7/9/21 2.0 495.00 $ 990.00 $ Continue revising the Ankura internal PREPA and Luma regulatory proceeding 

summary document prior to the bi-weekly mediation call.

Not in PR

50 Keys, Jamie 7/9/21 0.5 330.00 $ 165.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Marino, 

Nicholas

7/9/21 1.3 495.00 $ 643.50 $ Revise the Ankura internal PREPA and Luma regulatory proceeding summary 

document prior to the bi-weekly mediation call.

Not in PR

50 Porter, Lucas 7/9/21 0.9 570.00 $ 513.00 $ Review final call notes circulated by J. San Miguel (ACG) in preparation for the 

7/9/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

7/9/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) to discuss financial reporting 

required by the FY 2022 fiscal plan.

PR

50 Keys, Jamie 7/9/21 0.6 330.00 $ 198.00 $ Review questions related to federal funding matters received from creditors 

during the bi-weekly mediation call prior to discussions with S. Diaz (ARI).

Not in PR

50 Porter, Lucas 7/9/21 0.5 570.00 $ 285.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Porter, Lucas 7/9/21 0.2 570.00 $ 114.00 $ Prepare request for information to J. Bowe (K&S) with copy to J. San Miguel 

(ACG) regarding operational and regulatory updates for the bi-weekly mediation 

call.

Not in PR

50 Porter, Lucas 7/9/21 0.3 570.00 $ 171.00 $ Review questions list and comments received from J. San Miguel (ACG) and N. 

Marino (ACG) related to the bi-weekly mediation call.

Not in PR

50 Marino, 

Nicholas

7/9/21 0.2 495.00 $ 99.00 $ Aggregate and edit creditor questions and responses during the bi-weekly 

mediation call for distribution to the Ankura team.

Not in PR

50 Marino, 

Nicholas

7/12/21 1.8 495.00 $ 891.00 $ Review and aggregate PREPA-related news to inform discussion materials for 

the 7/23/21 bi-weekly mediation call. 

Not in PR

3 Gil, Gerard 7/12/21 0.4 500.00 $ 200.00 $ Participate on call with R. Zampierollo (PREPA) to discuss FY 2021 fiscal plan 

implementation reporting.

PR

25 Parker, 

Christine

7/12/21 0.8 200.00 $ 160.00 $ Review current draft of Exhibits A, B and C of the Ankura June 2021 monthly 

fee statement prior to distribution to J. Keys (ACG).

Not in PR

2 Crisalli, Paul 7/12/21 1.1 875.00 $ 962.50 $ Develop and distribute the renewables-related support schedules to Luma and 

PREPA for the July 2021 cash flow budget.

Not in PR

2 Keys, Jamie 7/12/21 0.7 330.00 $ 231.00 $ Revise the weekly cash flow outputs for the week ended 7/9/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

7/12/21 0.4 620.00 $ 248.00 $ Participate on call with G. Gil (ACG) to discuss work plans to address FY 2021 

fiscal plan implementation reporting items.

PR

Exhibit C

August 31, 2021 / #PR00049 7 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 100 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Smith, James 7/12/21 0.5 750.00 $ 375.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

25 Parker, 

Christine

7/12/21 0.9 200.00 $ 180.00 $ Assemble additional time descriptions for the period 6/20/21 - 6/30/21 for 

inclusion in the Ankura June 2021 monthly fee statement.

Not in PR

3 Marino, 

Nicholas

7/12/21 2.2 495.00 $ 1,089.00 $ Review the governance detail of prior years FOMB certified PREPA fiscal plans 

to inform development of presentation materials requested by G. Gil (ACG) for 

PREPA management.

Not in PR

3 Gil, Gerard 7/12/21 0.4 500.00 $ 200.00 $ Participate on call with J. San Miguel (ACG) to discuss work plans to address 

FY 2021 fiscal plan implementation reporting items.

PR

50 Smith, James 7/12/21 1.0 750.00 $ 750.00 $ Review notes and correspondence from the 7/9/21 mediation call to identify 

topics for follow-up or need for additional information in support of the creditor 

reporting workstream.

Not in PR

2 Porter, Lucas 7/12/21 0.3 570.00 $ 171.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. San Miguel 

(ACG), J. Keys (ACG) and P. Crisalli (ACG) regarding the July 2021 cash flow 

budget, work plan, timeline and requests for information (partial).

Not in PR

2 San Miguel, 

Jorge

7/12/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) regarding status updates for the July 

2021 cash flow budget.

PR

2 Crisalli, Paul 7/12/21 1.7 875.00 $ 1,487.50 $ Update templates and support schedules for the July 2021 cash flow budget. Not in PR

2 Keys, Jamie 7/12/21 0.2 330.00 $ 66.00 $ Correspond with S. Diaz (ARI) regarding updates to DFMO RFR information 

for use in the July 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

7/12/21 0.9 495.00 $ 445.50 $ Update July 2021 monthly reporting for the fiscal plan implementation 

initiatives presentation following call with R. Zampierollo (PREPA).

Not in PR

2 Crisalli, Paul 7/12/21 1.0 875.00 $ 875.00 $ Develop and distribute the Freepoint-related support schedules to Luma and 

PREPA for the July 2021 cash flow budget.

Not in PR

2 Keys, Jamie 7/12/21 1.3 330.00 $ 429.00 $ Prepare the weekly cash flow outputs for the week ended 7/9/21 for review by P. 

Crisalli (ACG).

Not in PR

2 Keys, Jamie 7/12/21 0.6 330.00 $ 198.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. San Miguel 

(ACG), L. Porter (ACG) and P. Crisalli (ACG) regarding the July 2021 cash 

flow budget, work plan, timeline and requests for information.

Not in PR

2 Crisalli, Paul 7/12/21 0.8 875.00 $ 700.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

2 San Miguel, 

Jorge

7/12/21 0.5 620.00 $ 310.00 $ Review cash flow budget update for renewable energy, AES provided by P. 

Crisalli (ACG) to inform updated July 2021 cash flow budget.

PR

2 Keys, Jamie 7/12/21 1.5 330.00 $ 495.00 $ Prepare the updated PUMA report as of 7/9/21 for use in the July 2021 cash 

flow budget for review by P. Crisalli (ACG).

Not in PR

2 Crisalli, Paul 7/12/21 0.4 875.00 $ 350.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

2 Crisalli, Paul 7/12/21 0.9 875.00 $ 787.50 $ Develop and distribute the employee disbursement-related support schedules to 

Luma and PREPA for the July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/12/21 0.5 875.00 $ 437.50 $ Develop and distribute the NFE-related support schedules to Luma and PREPA 

for the July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/12/21 0.7 875.00 $ 612.50 $ Develop and distribute the EcoElectrica-related support schedules to Luma and 

PREPA for the July 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

7/12/21 0.3 495.00 $ 148.50 $ Participate on call with R. Zampierollo (PREPA) regarding Luma initiatives for 

PREPA FY 2022 monthly reporting fiscal plan implementation initiatives.

Not in PR

3 Gil, Gerard 7/12/21 1.2 500.00 $ 600.00 $ Review prior month's FY 2021 fiscal plan implementation reporting to inform 

July submittal.

PR

2 Crisalli, Paul 7/12/21 0.7 875.00 $ 612.50 $ Develop and distribute the necessary maintenance spend-related support 

schedules to Luma and PREPA for the July 2021 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

7/12/21 0.8 620.00 $ 496.00 $ Review and analyze T&D O&M agreement provisions for financial and 

operational data reporting by Operator related to PREPA's reporting obligations 

as system owner, for discussion with N. Morales (PREPA), Luma 

representatives and the Ankura working group.

PR

2 Crisalli, Paul 7/12/21 0.8 875.00 $ 700.00 $ Participate on call with D. Miller (Luma), J. Roque (Luma), K. Kostyk (Luma) 

and D. Rivera (Luma) regarding July 2021 cash flow budget open items, work 

plan and requests for information.

Not in PR

2 Crisalli, Paul 7/12/21 0.6 875.00 $ 525.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. San Miguel 

(ACG), L. Porter (ACG) and J. Keys (ACG) regarding the July 2021 cash flow 

budget, work plan, timeline and requests for information.

Not in PR

3 Gil, Gerard 7/12/21 0.5 500.00 $ 250.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

2 San Miguel, 

Jorge

7/12/21 0.6 620.00 $ 372.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), P. Crisalli 

(ACG), L. Porter (ACG) and J. Keys (ACG) regarding the July 2021 cash flow 

budget, work plan, timeline and requests for information.

PR

2 Crisalli, Paul 7/12/21 0.8 875.00 $ 700.00 $ Develop templates for the cash flow and liquidity reports for the week ended 

7/9/21.

Not in PR

2 San Miguel, 

Jorge

7/12/21 0.7 620.00 $ 434.00 $ Review the requests for information records and spreadsheets sent to Luma and 

PREPA to inform the cash flow budget update for July 2021.

PR

Exhibit C

August 31, 2021 / #PR00049 8 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 101 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 7/12/21 0.2 875.00 $ 175.00 $ Correspond with J. Roque (Luma) regarding the supplier payment history for 

fleet and storage vendors to inform the July 2021 cash flow budget.

Not in PR

3 Gil, Gerard 7/12/21 0.7 500.00 $ 350.00 $ Review and research latest events in PREPA and Puerto Rico bankruptcy cases 

to inform FY 2022 fiscal plan implementation discussions with PREPA 

management.

PR

2 Crisalli, Paul 7/12/21 0.4 875.00 $ 350.00 $ Prepare for call with Luma representatives regarding the July 2021 cash flow 

budget.

Not in PR

2 San Miguel, 

Jorge

7/12/21 0.6 620.00 $ 372.00 $ Review reporting tracker list and pending inputs for financial and cash flow 

reporting from Luma and PREPA representatives to inform updated July 2021 

cash flow budget.

PR

50 Marino, 

Nicholas

7/12/21 1.7 495.00 $ 841.50 $ Continue revising the Ankura internal PREPA and Luma regulatory proceeding 

summary document prior to the 7/23/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

7/12/21 0.5 495.00 $ 247.50 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

2 Crisalli, Paul 7/12/21 0.5 875.00 $ 437.50 $ Develop and distribute the Naturgy-related support schedules to Luma and 

PREPA for the July 2021 cash flow budget.

Not in PR

25 Keys, Jamie 7/12/21 0.5 330.00 $ 165.00 $ Begin review the Ankura June 2021 monthly fee statement file provided by C. 

Parker (ACG).

Not in PR

3 Keys, Jamie 7/12/21 0.5 330.00 $ 165.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

2 Crisalli, Paul 7/12/21 0.3 875.00 $ 262.50 $ Prepare for call with PREPA representatives regarding the July 2021 cash flow 

budget.

Not in PR

3 San Miguel, 

Jorge

7/12/21 0.5 620.00 $ 310.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

2 Crisalli, Paul 7/12/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) regarding status updates for the 

July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/13/21 0.7 875.00 $ 612.50 $ Prepare the billed consumption, billed revenue and generation analysis for J. 

Estrada (Luma) to inform assumptions for the July 2021 cash flow budget.

Not in PR

50 Smith, James 7/13/21 0.3 750.00 $ 225.00 $ Review generation operations and outage reports received from G. Soto (Luma) 

and other publicly available information in support of the creditor reporting 

workstream.

Not in PR

2 Porter, Lucas 7/13/21 0.4 570.00 $ 228.00 $ Participate on calls with P. Crisalli (ACG) regarding the customer collections 

and billed revenue forecast for the July 2021 cash flow budget.

Not in PR

2 Porter, Lucas 7/13/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) regarding the status update for the 

July 2021 cash flow budget.

Not in PR

50 Gil, Gerard 7/13/21 0.5 500.00 $ 250.00 $ Participate on call with K. Bolanos (DV), J. Marrero (DV), J. San Miguel 

(ACG), J. Smith (ACG) and L. Porter (ACG) to discuss developments in 

PREPA regulatory matters in preparation for the 7/23/21 bi-weekly mediation 

call.

PR

3 Gil, Gerard 7/13/21 0.7 500.00 $ 350.00 $ Review the updated draft presentation materials received from N. Marino 

(ACG) related to FY 2022 certified fiscal plan objectives.

PR

50 Smith, James 7/13/21 1.2 750.00 $ 900.00 $ Review regulatory filings related to Luma and PREPA regulatory review 

dockets as follow-up to call with K. Bolanos (DV) and in support of the creditor 

reporting workstream.

Not in PR

2 San Miguel, 

Jorge

7/13/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) regarding the status update for the 

July 2021 cash flow budget.

PR

25 Parker, 

Christine

7/13/21 1.4 200.00 $ 280.00 $ Update Exhibits A, B and C of the Ankura July 2021 monthly fee statement for 

information available through 7/12/21.

Not in PR

3 Porter, Lucas 7/13/21 1.1 570.00 $ 627.00 $ Review FOMB budget workpapers and supporting detail to inform response to 

request from F. Padilla (PREPA) regarding the FY 2022 certified budget.

Not in PR

2 Crisalli, Paul 7/13/21 0.2 875.00 $ 175.00 $ Participate on call with J. Roque (Luma) regarding the customer collections and 

billed revenue forecast for the July 2021 cash flow budget.

Not in PR

2 Keys, Jamie 7/13/21 0.6 330.00 $ 198.00 $ Revise the weekly cash flow outputs for the week ended 7/9/21 per adjustments 

provided by J. Roque (Luma).

Not in PR

2 Crisalli, Paul 7/13/21 0.8 875.00 $ 700.00 $ Review the May 2021 monthly operating report to inform financial information 

and key metrics for the July 2021 cash flow forecast.

Not in PR

2 Crisalli, Paul 7/13/21 0.2 875.00 $ 175.00 $ Develop and distribute the revised AES-related support schedules to Luma and 

PREPA for the July 2021 cash flow budget.

Not in PR

2 Keys, Jamie 7/13/21 0.4 330.00 $ 132.00 $ Review the updated customer collections information provided by P. Crisalli 

(ACG) for use in the July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/13/21 0.5 875.00 $ 437.50 $ Develop and distribute the fleet and storage-related support schedules to Luma 

and PREPA for the July 2021 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

7/13/21 0.5 620.00 $ 310.00 $ Participate on call with K. Bolanos (DV), J. Marrero (DV), J. Smith (ACG), G. 

Gil (ACG) and L. Porter (ACG) to discuss developments in PREPA regulatory 

matters in preparation for the 7/23/21 bi-weekly mediation call.

PR

2 Crisalli, Paul 7/13/21 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) regarding the status update for the July 

2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/13/21 0.4 875.00 $ 350.00 $ Develop and distribute the vegetation management schedules to Luma and 

PREPA for the July 2021 cash flow budget.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 9 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 102 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 7/13/21 0.4 875.00 $ 350.00 $ Participate on calls with L. Porter (ACG) regarding the customer collections and 

billed revenue forecast for the July 2021 cash flow budget.

Not in PR

50 Porter, Lucas 7/13/21 0.5 570.00 $ 285.00 $ Participate on call with K. Bolanos (DV), J. Marrero (DV), J. San Miguel 

(ACG), J. Smith (ACG) and G. Gil (ACG) to discuss developments in PREPA 

regulatory matters in preparation for the 7/23/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 7/13/21 0.4 570.00 $ 228.00 $ Review comments from N. Morales (PREPA) and P. Crisalli (ACG) regarding 

financial information for FY 2022 fiscal plan reporting.

Not in PR

3 Porter, Lucas 7/13/21 0.7 570.00 $ 399.00 $ Prepare and send responding information to F. Padilla (PREPA) and G. Gil 

(ACG) regarding FY 2022 certified budget expenditures for professional 

services.

Not in PR

2 Crisalli, Paul 7/13/21 0.2 875.00 $ 175.00 $ Develop and distribute requests for information related to workers compensation 

insurance premiums to Luma and PREPA for the July 2021 cash flow budget.

Not in PR

3 Crisalli, Paul 7/13/21 0.5 875.00 $ 437.50 $ Prepare the post-certification fiscal plan reports for week ended 7/2/21. Not in PR

50 Keys, Jamie 7/13/21 0.3 330.00 $ 99.00 $ Review the weekly cash flow report circulated by P. Crisalli (ACG) prior to 

distribution of weekly mediation reports.

Not in PR

2 Keys, Jamie 7/13/21 0.3 330.00 $ 99.00 $ Review the draft vegetation management payment schedule provided by P. 

Crisalli (ACG) for use in the July 2021 cash flow budget.

Not in PR

3 Gil, Gerard 7/13/21 0.4 500.00 $ 200.00 $ Participate on call with F. Padilla (PREPA) to review and discuss pending items 

related to FY 2022 fiscal plan implementation and the T&D transaction. 

PR

2 Keys, Jamie 7/13/21 0.2 330.00 $ 66.00 $ Review the draft medical benefit payment schedule provided by P. Crisalli 

(ACG) for use in the July 2021 cash flow budget.

Not in PR

50 Smith, James 7/13/21 0.5 750.00 $ 375.00 $ Participate on call with K. Bolanos (DV), J. Marrero (DV), J. San Miguel 

(ACG), G. Gil (ACG) and L. Porter (ACG) to discuss developments in PREPA 

regulatory matters in preparation for the 7/23/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 7/13/21 0.4 875.00 $ 350.00 $ Participate on telephone call with J. Keys (ACG) regarding pending information 

requests for the July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/13/21 2.0 875.00 $ 1,750.00 $ Develop and distribute the billed revenue and customer collections-related 

support schedules to Luma and PREPA for the July 2021 cash flow budget.

Not in PR

3 Crisalli, Paul 7/13/21 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) to discuss next steps regarding the FY 

2022 fiscal plan initiative related to fuel procurement.

Not in PR

50 Gil, Gerard 7/13/21 0.8 500.00 $ 400.00 $ Participate on call with J. San Miguel (ACG) to discuss T&D O&M agreement 

requirements related to cash flow reporting and creditor information requests for 

the 7/23/21 bi-weekly mediation call.

PR

3 Porter, Lucas 7/13/21 1.2 570.00 $ 684.00 $ Review updated draft presentation materials received from N. Marino (ACG) 

regarding FY 2022 certified fiscal plan objectives.

Not in PR

2 Keys, Jamie 7/13/21 0.4 330.00 $ 132.00 $ Participate on telephone call with P. Crisalli (ACG) regarding pending 

information requests for the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/13/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) to discuss next steps regarding the FY 

2022 fiscal plan initiative related to fuel procurement.

Not in PR

3 Gil, Gerard 7/13/21 0.3 500.00 $ 150.00 $ Review analysis received from L. Porter (ACG) related to FY 2022 certified 

budget expenditures for professional services.

PR

50 Marino, 

Nicholas

7/13/21 1.6 495.00 $ 792.00 $ Review and aggregate PREPA-related news to inform discussion materials for 

the 7/23/21 bi-weekly mediation call. 

Not in PR

25 Keys, Jamie 7/13/21 1.1 330.00 $ 363.00 $ Review the Ankura June 2021 monthly fee statement circulated by C. Parker 

(ACG) for the period 6/6/21 through 6/12/21.

Not in PR

3 Porter, Lucas 7/13/21 0.5 570.00 $ 285.00 $ Revise and send draft presentation materials to N. Marino (ACG) regarding FY 

2022 certified fiscal plan objectives.

Not in PR

2 Crisalli, Paul 7/13/21 0.4 875.00 $ 350.00 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

3 Marino, 

Nicholas

7/13/21 1.7 495.00 $ 841.50 $ Continue reviewing the key risks and mitigation strategies and key risk factors 

on remaining transformation chapters of prior years FOMB certified PREPA 

fiscal plans to inform presentation materials for F. Padilla (PREPA) and PREPA 

management.

Not in PR

50 Marino, 

Nicholas

7/13/21 2.1 495.00 $ 1,039.50 $ Update the Ankura internal PREPA and Luma regulatory proceeding summary 

document prior to the 7/23/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 7/13/21 0.3 875.00 $ 262.50 $ Review the revised billed consumption, billed revenue and generation forecast 

provided by J. Estrada (Luma) to inform assumptions for the July 2021 cash 

flow budget.

Not in PR

50 San Miguel, 

Jorge

7/13/21 0.8 620.00 $ 496.00 $ Participate on call with G. Gil (ACG) to discuss T&D O&M agreement 

requirements related to cash flow reporting and creditor information requests for 

the 7/23/21 bi-weekly mediation call.

PR

2 Crisalli, Paul 7/13/21 0.6 875.00 $ 525.00 $ Develop and distribute the revised billed revenue and customer collectionsrelated support schedules to Luma and PREPA for the July 2021 cash flow 

budget.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 10 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 103 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 7/13/21 0.7 875.00 $ 612.50 $ Develop and distribute the medical benefit cost schedules to Luma and PREPA 

for the July 2021 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

7/13/21 0.9 620.00 $ 558.00 $ Review PREB docket for status on regulatory update related to system 

remediation plan, performance metrics and IRP compliance to inform the 

7/23/21 mediation call agenda.

PR

2 Crisalli, Paul 7/13/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) regarding the status update for the 

July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/13/21 0.6 875.00 $ 525.00 $ Develop and distribute the permanent work and street lighting schedules to 

Luma and PREPA for the July 2021 cash flow budget.

Not in PR

2 Keys, Jamie 7/13/21 0.4 330.00 $ 132.00 $ Prepare a summary of information requested from S. Diaz (ARI) for review by J. 

San Miguel (ACG) for use in the July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/13/21 2.4 875.00 $ 2,100.00 $ Develop and distribute the PUMA-related support schedules to Luma and 

PREPA for the July 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

7/13/21 1.5 495.00 $ 742.50 $ Review the energy infrastructure detail of the prior years FOMB certified 

PREPA fiscal plans to inform the presentation materials requested by G. Gil 

(ACG) for PREPA management.

Not in PR

2 Keys, Jamie 7/13/21 0.3 330.00 $ 99.00 $ Review the draft AES payment schedule provided by P. Crisalli (ACG) for use 

in the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/14/21 1.2 570.00 $ 684.00 $ Prepare the generation operational report for the week ending 7/11/21 based on 

data from G. Soto (Luma) for FOMB as required by the FY 2022 PREPA fiscal 

plan.

Not in PR

3 Marino, 

Nicholas

7/14/21 1.2 495.00 $ 594.00 $ Continue reviewing the energy infrastructure detail of prior years FOMB 

certified PREPA fiscal plans to inform development of presentation materials 

requested by G. Gil (ACG) for PREPA management.

Not in PR

2 Crisalli, Paul 7/14/21 0.9 875.00 $ 787.50 $ Review the T&D O&M agreement to inform the cash flow reporting regarding 

operator service fees.

Not in PR

6 Smith, James 7/14/21 0.6 750.00 $ 450.00 $ Participate on call with L. Porter (ACG) to discuss recent status updates on the 

T&D front-end transition and P3 Authority generation transformation 

transaction RFP.

Not in PR

3 Gil, Gerard 7/14/21 0.6 500.00 $ 300.00 $ Review and analyze the fuel analysis model requested by F. Padilla (PREPA) in 

preparation for conference call with representatives of S&L.

PR

3 Gil, Gerard 7/14/21 1.1 500.00 $ 550.00 $ Review and provide input on updated draft presentation materials from N. 

Marino (ACG) regarding FY 2022 certified fiscal plan implementation and 

objectives.

PR

2 Crisalli, Paul 7/14/21 1.1 875.00 $ 962.50 $ Develop and distribute the other accounts payable schedules to Luma and 

PREPA for the July 2021 cash flow budget.

Not in PR

50 Keys, Jamie 7/14/21 0.3 330.00 $ 99.00 $ Review the weekly bank account listing file provided by P. Crisalli (ACG) prior 

to distribution to mediation group.

Not in PR

50 Marino, 

Nicholas

7/14/21 1.6 495.00 $ 792.00 $ Update the Ankura internal PREPA and Luma regulatory proceeding summary 

document prior to the 7/23/21 bi-weekly mediation call.

Not in PR

2 Keys, Jamie 7/14/21 1.2 330.00 $ 396.00 $ Prepare the cash flow budget template for the July 2021 budget. Not in PR

2 Crisalli, Paul 7/14/21 0.3 875.00 $ 262.50 $ Participate on calls with J. Keys (ACG) regarding weekly cash flow reports and 

the July 2021 cash flow budget.

Not in PR

2 Keys, Jamie 7/14/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast sent to N. Morales (PREPA) by P. Crisalli 

(ACG).

Not in PR

3 Porter, Lucas 7/14/21 0.9 570.00 $ 513.00 $ Participate on call with G. Gil (ACG) to discuss implementation plan for the FY 

2022 certified fiscal plan.

Not in PR

3 Porter, Lucas 7/14/21 0.8 570.00 $ 456.00 $ Participate on call with G. Gil (ACG) to discuss the FY 2022 budget 

information requested by F. Padilla (PREPA).

Not in PR

50 San Miguel, 

Jorge

7/14/21 0.1 620.00 $ 62.00 $ Participate in discussion with J. Keys (ACG) regarding the pending information 

requests from creditor stakeholders related to federal funding.

PR

3 San Miguel, 

Jorge

7/14/21 0.7 620.00 $ 434.00 $ Review latest fuel procurement assumptions provided by S&L and P. Crisalli 

(ACG) to inform response to F. Padilla (PREPA).

PR

3 Gil, Gerard 7/14/21 0.3 500.00 $ 150.00 $ Review responding information to F. Padilla (PREPA) from L. Porter (ACG) 

regarding FY 2022 budget expenditures environmental compliance costs.

PR

2 Crisalli, Paul 7/14/21 1.9 875.00 $ 1,662.50 $ Review the invoice level detail by vendor in the accounts payable aging report 

to inform near-term cash disbursements to various vendors for the July 2021 

cash flow budget.

Not in PR

3 Crisalli, Paul 7/14/21 0.4 875.00 $ 350.00 $ Participate on call with L. Porter (ACG), G. Gil (ACG), K. Hernandez (S&L) 

and A. Zabala (S&L) regarding the fuel oil working capital and sensitivity 

analysis.

Not in PR

2 Keys, Jamie 7/14/21 0.2 330.00 $ 66.00 $ Correspond with Y. Lugo (PREPA) regarding the status of DFMO deliverables 

needed for the July 2021 cash flow budget.

Not in PR

50 Smith, James 7/14/21 0.3 750.00 $ 225.00 $ Review the weekly generation report and data received from L. Porter (ACG) in 

support of the creditor reporting workstream.

Not in PR

2 Crisalli, Paul 7/14/21 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) regarding the cash flow 

budget update related to the T&D O&M agreement fee payment schedules.

Not in PR

50 Marino, 

Nicholas

7/14/21 0.8 495.00 $ 396.00 $ Continue updating the PREPA and Luma regulatory proceeding summary 

document prior to the 7/23/21 bi-weekly mediation call.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 11 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 104 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 7/14/21 0.8 500.00 $ 400.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 budget 

information requested by F. Padilla (PREPA).

PR

3 Gil, Gerard 7/14/21 0.2 500.00 $ 100.00 $ Correspond with G. Morales (SM) regarding FY 2021 fiscal plan 

implementation initiatives reporting. 

PR

50 Keys, Jamie 7/14/21 0.7 330.00 $ 231.00 $ Prepare the weekly creditor mediation reporting package for distribution. Not in PR

3 San Miguel, 

Jorge

7/14/21 0.2 620.00 $ 124.00 $ Participate in discussion with G. Gil (ACG) regarding the status of fuel 

procurement process to inform response to inquiry received from F. Padilla 

(PREPA) related to the FY 2022 fiscal plan initiative.

PR

3 Gil, Gerard 7/14/21 0.9 500.00 $ 450.00 $ Participate on call with L. Porter (ACG) to discuss implementation plan for the 

FY 2022 certified fiscal plan.

PR

6 Gil, Gerard 7/14/21 0.1 500.00 $ 50.00 $ Correspond with A. Figueroa (FOMB) regarding the FOMB Protocol Agreement 

for the Luma transaction.

PR

3 Porter, Lucas 7/14/21 0.5 570.00 $ 285.00 $ Review the updated daily generation reports received from G. Soto (Luma) to 

inform development of the generation operational report for the week ending 

7/11/21 required by the FY 2022 certified fiscal plan.

Not in PR

3 Gil, Gerard 7/14/21 0.2 500.00 $ 100.00 $ Participate on call with F. Padilla (PREPA) regarding the fuel analysis and FY 

2022 budget in relation to implementation of the FY 2022 fiscal plan.

PR

3 Porter, Lucas 7/14/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG), G. Gil (ACG), K. Hernandez (S&L) 

and A. Zabala (S&L) regarding the fuel oil working capital and sensitivity 

analysis.

Not in PR

2 Crisalli, Paul 7/14/21 0.2 875.00 $ 175.00 $ Develop and distribute the operator service fee related schedules to Luma and 

PREPA for the July 2021 cash flow budget.

Not in PR

2 Keys, Jamie 7/14/21 0.3 330.00 $ 99.00 $ Participate on calls with P. Crisalli (ACG) regarding weekly cash flow reports 

and the July 2021 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

7/14/21 0.1 620.00 $ 62.00 $ Correspond with F. Padilla (PREPA) regarding PMO contact for federal funding 

DFMO matters to inform creditor stakeholder information requests.

PR

3 Porter, Lucas 7/14/21 0.3 570.00 $ 171.00 $ Prepare and send responding information to F. Padilla (PREPA) and G. Gil 

(ACG) regarding the FY 2022 budget expenditures environmental compliance 

costs.

Not in PR

3 Porter, Lucas 7/14/21 0.5 570.00 $ 285.00 $ Prepare comments and revisions to draft presentation materials received from N. 

Marino (ACG) regarding FY 2022 certified fiscal plan implementation and 

objectives.

Not in PR

50 Keys, Jamie 7/14/21 0.1 330.00 $ 33.00 $ Participate in discussion with J. San Miguel (ACG) regarding the pending 

information requests from creditor stakeholders related to federal funding.

Not in PR

50 Keys, Jamie 7/14/21 0.9 330.00 $ 297.00 $ Prepare the weekly FEMA flash report for the week ended 7/9/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Marino, 

Nicholas

7/14/21 0.7 495.00 $ 346.50 $ Review latest draft of the PREPA FY 2022 fiscal plan projections overview 

presentation for the PREPA Board of Directors.

Not in PR

50 Keys, Jamie 7/14/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly creditor 

mediation reports.

Not in PR

50 Marino, 

Nicholas

7/14/21 1.5 495.00 $ 742.50 $ Review and aggregate PREPA-related news to inform discussion materials for 

the 7/23/21 bi-weekly mediation call. 

Not in PR

3 Porter, Lucas 7/14/21 0.3 570.00 $ 171.00 $ Prepare and send supporting information to A. Zabala (S&L) and K. Hernandez 

(S&L) regarding the FY 2022 fiscal plan fuel supply initiative.

Not in PR

50 Smith, James 7/14/21 0.1 750.00 $ 75.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

3 Gil, Gerard 7/14/21 0.2 500.00 $ 100.00 $ Participate in discussion with J. San Miguel (ACG) regarding the status of fuel 

procurement process to inform response to inquiry received from F. Padilla 

(PREPA) related to the FY 2022 fiscal plan initiative.

PR

3 Marino, 

Nicholas

7/14/21 1.8 495.00 $ 891.00 $ Update the PREPA FY 2022 fiscal plan projections overview presentation for 

the PREPA Board of Directors as requested by L. Porter (ACG).

Not in PR

50 Keys, Jamie 7/14/21 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to mediation group.

Not in PR

2 Crisalli, Paul 7/14/21 0.3 875.00 $ 262.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

3 Gil, Gerard 7/14/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG), P. Crisalli (ACG), K. Hernandez 

(S&L) and A. Zabala (S&L) regarding the fuel oil working capital and 

sensitivity analysis.

PR

2 Crisalli, Paul 7/14/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

2 Crisalli, Paul 7/14/21 0.8 875.00 $ 700.00 $ Participate on call with K. Kostyk (Luma) and J. Roque (Luma) regarding status 

update for the July 2021 cash flow budget.

Not in PR

25 Keys, Jamie 7/14/21 1.4 330.00 $ 462.00 $ Review the Ankura June 2021 monthly fee statement circulated by C. Parker 

(ACG) for the period 6/13/21 through 6/18/21.

Not in PR

3 Porter, Lucas 7/14/21 0.8 570.00 $ 456.00 $ Review updated draft presentation materials received from N. Marino (ACG) 

regarding FY 2022 certified fiscal plan implementation and objectives.

Not in PR

2 Crisalli, Paul 7/14/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 7/9/21. Not in PR

Exhibit C

August 31, 2021 / #PR00049 12 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 105 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 7/14/21 0.6 875.00 $ 525.00 $ Review the PREPA certified budget for FY 2022 to inform the cash flow 

reporting.

Not in PR

2 San Miguel, 

Jorge

7/14/21 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) regarding the cash flow budget 

update related to the T&D O&M agreement fee payment schedules.

PR

3 Porter, Lucas 7/14/21 1.0 570.00 $ 570.00 $ Review budget supporting detail to inform responses to requests for information 

received from F. Padilla (PREPA) related to FY 2022 budget environmental 

compliance costs.

Not in PR

50 Crisalli, Paul 7/14/21 0.2 875.00 $ 175.00 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

2 San Miguel, 

Jorge

7/14/21 0.8 620.00 $ 496.00 $ Review update on cash flow budget assumptions for updates including customer 

collections, street lighting project, workers compensation, insurance and 

medical benefit payments for discussion with E. Ortiz (PREPA).

PR

6 Porter, Lucas 7/14/21 0.6 570.00 $ 342.00 $ Participate on call with J. Smith (ACG) to discuss recent status updates on the 

T&D front-end transition and P3 Authority generation transformation 

transaction RFP.

Not in PR

50 Crisalli, Paul 7/14/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

25 Parker, 

Christine

7/14/21 0.8 200.00 $ 160.00 $ Assemble time descriptions for the period 7/1/21 - 7/10/21 for inclusion in the 

Ankura July 2021 monthly fee statement.

Not in PR

6 Smith, James 7/15/21 0.6 750.00 $ 450.00 $ Review the draft FOMB Protocol Agreement received from G. Gil (ACG) in 

support of the T&D transaction transition.

Not in PR

2 Crisalli, Paul 7/15/21 1.3 875.00 $ 1,137.50 $ Participate on call with K. Kostyk (Luma) regarding open items and next steps 

related to the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/15/21 0.5 570.00 $ 285.00 $ Prepare and send list of action items to G. Gil (ACG) regarding FY 2022 fiscal 

plan reporting and implementation.

Not in PR

3 Porter, Lucas 7/15/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss the HoldCo budget expense 

information requested by F. Padilla (PREPA).

Not in PR

3 Porter, Lucas 7/15/21 0.9 570.00 $ 513.00 $ Revise the updated FY 2022 fiscal plan financial model received from R. 

Rosario (FOMB) for final distribution to AAFAF.

Not in PR

3 Porter, Lucas 7/15/21 0.4 570.00 $ 228.00 $ Review comments from R. Zampierollo (PREPA) regarding the FY 2021 fiscal 

plan monthly reporting package for June.

Not in PR

3 Marino, 

Nicholas

7/15/21 1.8 495.00 $ 891.00 $ Participate in working session with R. Zampierollo (PREPA), E. Ortiz 

(PREPA), G. Gil (ACG) and L. Porter (ACG) to develop the FY 2021 fiscal plan 

monthly reporting package for June.

Not in PR

2 Keys, Jamie 7/15/21 0.5 330.00 $ 165.00 $ Participate on various telephone calls with P. Crisalli (ACG) regarding pending 

July 2021 cash flow budget materials.

Not in PR

2 Crisalli, Paul 7/15/21 0.9 875.00 $ 787.50 $ Revise the vegetation management-related schedules for the July 2021 cash flow 

budget and correspond with Luma and PREPA regarding the same.

Not in PR

3 Gil, Gerard 7/15/21 1.8 500.00 $ 900.00 $ Participate in working session with R. Zampierollo (PREPA), E. Ortiz 

(PREPA), L. Porter (ACG) and N. Marino (ACG) to develop the FY 2021 fiscal 

plan monthly reporting package for June 2021.

PR

2 Crisalli, Paul 7/15/21 0.5 875.00 $ 437.50 $ Prepare for call with K. Kostyk (Luma) regarding open items and next steps 

related to the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/15/21 0.5 570.00 $ 285.00 $ Review the request for information from P. Crisalli (ACG) with supporting data 

related to professional services expenses in the FY 2022 budget.

Not in PR

2 Crisalli, Paul 7/15/21 0.1 875.00 $ 87.50 $ Participate on call with N. Morales (PREPA) regarding the PREPA-related open 

items for the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/15/21 0.4 570.00 $ 228.00 $ Review the updated FY 2022 fiscal plan financial model received from R. 

Rosario (FOMB) to determine completeness for distribution.

Not in PR

3 Porter, Lucas 7/15/21 0.2 570.00 $ 114.00 $ Participate on call with G. Morales (SM) and G. Gil (ACG) regarding the FY 

2021 fiscal plan monthly reporting package for June.

Not in PR

2 Crisalli, Paul 7/15/21 0.5 875.00 $ 437.50 $ Participate on various telephone calls with J. Keys (ACG) regarding pending 

July 2021 cash flow budget materials.

Not in PR

3 Porter, Lucas 7/15/21 0.3 570.00 $ 171.00 $ Review data room contents for distribution of the FY 2022 fiscal plan financial 

model received from R. Rosario (FOMB). 

Not in PR

3 Marino, 

Nicholas

7/15/21 0.5 495.00 $ 247.50 $ Revise PREPA FY 2021 monthly reporting for the July 2021 fiscal plan 

implementation initiative presentation for comments received from G. Gil 

(ACG) and L. Porter (ACG).

Not in PR

3 Porter, Lucas 7/15/21 0.9 570.00 $ 513.00 $ Prepare and send responding information to F. Padilla (PREPA) and G. Gil 

(ACG) regarding the FY 2022 budget expenditures for HoldCo.

Not in PR

2 Crisalli, Paul 7/15/21 0.5 875.00 $ 437.50 $ Review the RFR tracker provided by PREPA DFMO advisors and correspond 

with J. Keys (ACG) regarding the same.

Not in PR

3 Marino, 

Nicholas

7/15/21 1.1 495.00 $ 544.50 $ Revise the monthly reporting for the July 2021 fiscal plan implementation 

initiative presentation following working session with L. Porter (ACG), G. Gil 

(ACG), R. Zampierollo (PREPA) and E. Ortiz (PREPA).

Not in PR

2 Crisalli, Paul 7/15/21 0.2 875.00 $ 175.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

3 Gil, Gerard 7/15/21 0.3 500.00 $ 150.00 $ Review and analyze responding information to F. Padilla (PREPA) from L. 

Porter (ACG) regarding FY 2022 budget expenditures for HoldCo.

PR

Exhibit C

August 31, 2021 / #PR00049 13 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 106 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

7/15/21 0.3 495.00 $ 148.50 $ Participate on call with L. Porter (ACG) to discuss status of the FY 2021 fiscal 

plan monthly reporting package for June.

Not in PR

3 Porter, Lucas 7/15/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG) to discuss the expenses in the FY 

2022 certified budget and the fuel working capital analysis presentation 

materials.

Not in PR

2 Keys, Jamie 7/15/21 0.6 330.00 $ 198.00 $ Update the July 2021 cash flow budget for operator service fee information 

provided by P. Crisalli (ACG).

Not in PR

50 Smith, James 7/15/21 0.5 750.00 $ 375.00 $ Review news and other public information regarding the Luma and PREPA 

operations in preparation for the 7/23/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 7/15/21 0.3 875.00 $ 262.50 $ Correspond with E. Ortiz (PREPA) and N. Morales (PREPA) regarding status 

update, open items and next steps for the July 2021 cash flow budget.

Not in PR

3 Crisalli, Paul 7/15/21 0.4 875.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss the expenses in the FY 2022 

certified budget and the fuel working capital analysis presentation materials.

Not in PR

3 Marino, 

Nicholas

7/15/21 0.6 495.00 $ 297.00 $ Revise the monthly reporting for the July 2021 fiscal plan implementation 

initiative presentation.

Not in PR

2 Keys, Jamie 7/15/21 0.2 330.00 $ 66.00 $ Correspond with Y. Lugo (PREPA) regarding the status of DFMO deliverables 

needed for the July 2021 cash flow budget.

Not in PR

3 Gil, Gerard 7/15/21 0.3 500.00 $ 150.00 $ Review and provide input on action items received from L. Porter (ACG) 

regarding FY 2022 fiscal plan reporting and implementation.

PR

25 Keys, Jamie 7/15/21 1.0 330.00 $ 330.00 $ Review the Ankura June 2021 monthly fee statement circulated by C. Parker 

(ACG) for the period 6/19/21 through 6/22/21.

Not in PR

2 San Miguel, 

Jorge

7/15/21 0.3 620.00 $ 186.00 $ Follow-up on federal funding cash flow update information with R. Zampierollo 

(PREPA) and Y. Lugo (PREPA).

PR

2 Crisalli, Paul 7/15/21 0.2 875.00 $ 175.00 $ Develop and distribute the insurance account roll-forward schedules to PREPA 

for the July 2021 cash flow budget.

Not in PR

2 Keys, Jamie 7/15/21 0.6 330.00 $ 198.00 $ Update the July 2021 cash flow budget for professional service disbursements 

and legal fees.

Not in PR

3 Porter, Lucas 7/15/21 0.2 570.00 $ 114.00 $ Prepare and send request for information to R. Zampierollo (PREPA) and P. 

Crisalli (ACG) with supporting data related to professional services expenses in 

the FY 2022 budget.

Not in PR

3 Porter, Lucas 7/15/21 1.8 570.00 $ 1,026.00 $ Participate in working session with R. Zampierollo (PREPA), E. Ortiz 

(PREPA), G. Gil (ACG) and N. Marino (ACG) to develop the FY 2021 fiscal 

plan monthly reporting package for June.

Not in PR

3 Gil, Gerard 7/15/21 0.2 500.00 $ 100.00 $ Participate on call with G. Morales (SM) and L. Porter (ACG) regarding the FY 

2021 fiscal plan monthly reporting package for June.

PR

3 Porter, Lucas 7/15/21 0.8 570.00 $ 456.00 $ Review the final draft monthly reporting package submittal from N. Marino 

(ACG) for FY 2021 fiscal plan reporting requirements.

Not in PR

3 San Miguel, 

Jorge

7/15/21 0.7 620.00 $ 434.00 $ Participate on call with G. Gil (ACG) to discuss the PREPA reorganization and 

next steps to inform requests for comments from E. Paredes (PREPA) and 

representatives of Diaz & Vazquez.

PR

3 Porter, Lucas 7/15/21 0.3 570.00 $ 171.00 $ Participate on call with N. Marino (ACG) to discuss status of the FY 2021 fiscal 

plan monthly reporting package for June.

Not in PR

50 Keys, Jamie 7/15/21 0.8 330.00 $ 264.00 $ Prepare submission of the weekly Excel files for creditor mediation and fiscal 

plan related reporting.

Not in PR

3 Gil, Gerard 7/15/21 0.7 500.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to discuss the PREPA 

reorganization and next steps to inform requests for comments from E. Paredes 

(PREPA) and representatives of Diaz & Vazquez.

PR

3 Marino, 

Nicholas

7/15/21 0.2 495.00 $ 99.00 $ Participate on call with R. Zampierollo (PREPA) regarding revisions to the 

monthly reporting for the July 2021 fiscal plan implementation initiative 

presentation.

Not in PR

3 Marino, 

Nicholas

7/15/21 2.3 495.00 $ 1,138.50 $ Update the monthly reporting for the July 2021 fiscal plan implementation 

initiative presentation following working session with L. Porter (ACG), G. Gil 

(ACG), R. Zampierollo (PREPA) and E. Ortiz (PREPA).

Not in PR

3 Porter, Lucas 7/15/21 0.3 570.00 $ 171.00 $ Prepare and send request for information to K. Kostyk (Luma) regarding FY 

2022 budget expenses.

Not in PR

3 Gil, Gerard 7/15/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the HoldCo budget expense 

information requested by F. Padilla (PREPA).

PR

2 Crisalli, Paul 7/15/21 2.1 875.00 $ 1,837.50 $ Develop and distribute the professional services-related schedules to Luma and 

PREPA for the July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/15/21 0.4 875.00 $ 350.00 $ Develop and distribute the insurance premium-related schedules to Luma and 

PREPA for the July 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

7/15/21 0.9 495.00 $ 445.50 $ Revise monthly reporting for the July 2021 fiscal plan implementation initiative 

presentation following call with R. Zampierollo (PREPA).

Not in PR

2 Crisalli, Paul 7/15/21 0.8 875.00 $ 700.00 $ Review source documents provided by Luma and PREPA regarding 

Professional & Technical Outsourced Services, Legal Services and various P3 

Authority and Title III costs to inform the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/15/21 0.6 570.00 $ 342.00 $ Prepare and send employer pension contribution data to N. Marino (ACG) to 

inform the FY 2021 fiscal plan monthly reporting package for June.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 14 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 107 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

7/15/21 0.9 495.00 $ 445.50 $ Continue updating the monthly reporting for the July 2021 fiscal plan 

implementation initiative presentation.

Not in PR

50 Smith, James 7/15/21 0.3 750.00 $ 225.00 $ Review the weekly reporting package and cash flow forecast submitted by 

Ankura to FOMB in support of the creditor reporting workstream.

Not in PR

3 Marino, 

Nicholas

7/15/21 2.1 495.00 $ 1,039.50 $ Continue updating the PREPA FY 2022 fiscal plan projections overview 

presentation for the PREPA Board of Directors as requested by L. Porter (ACG).

Not in PR

3 Gil, Gerard 7/15/21 0.2 500.00 $ 100.00 $ Review communications received from rating agency regarding PREPA's bond 

ratings.

PR

6 Gil, Gerard 7/16/21 1.4 500.00 $ 700.00 $ Participate in working session with J. San Miguel (ACG) to discuss and prepare 

comments to the draft FOMB Protocol Agreement for distribution to PREPA.

PR

2 Crisalli, Paul 7/16/21 0.3 875.00 $ 262.50 $ Correspond with Luma representatives regarding the July 2021 GridCo cash 

flow budget line items.

Not in PR

50 Marino, 

Nicholas

7/16/21 1.8 495.00 $ 891.00 $ Update the PREPA and Luma regulatory proceeding summary document prior 

to the 7/23/21 bi-weekly mediation call.

Not in PR

50 Porter, Lucas 7/16/21 0.7 570.00 $ 399.00 $ Review PREPA updates to PREB on renewables RFP to inform updates for the 

7/23/21 bi-weekly mediation call.

Not in PR

2 San Miguel, 

Jorge

7/16/21 0.6 620.00 $ 372.00 $ Review the draft forecast for PREPA restructuring and Title III services to 

inform the revised cash flow budget.

PR

2 Crisalli, Paul 7/16/21 0.4 875.00 $ 350.00 $ Participate on call with E. Ortiz (PREPA) and J. San Miguel (ACG) regarding 

the work plan and open items related to the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/16/21 1.1 570.00 $ 627.00 $ Review budget information provided by G. Sanchez (PREPA) and P. Clemente 

(PREPA) to inform response to F. Padilla (PREPA) and L. Matias (PREPA) 

regarding FOMB certified FY 2022 budget expenses.

Not in PR

3 Porter, Lucas 7/16/21 0.3 570.00 $ 171.00 $ Prepare and send clarifying information to K. Kostyk (Luma) regarding the FY 

2022 budget expense request for information received from PREPA 

management.

Not in PR

3 Gil, Gerard 7/16/21 0.4 500.00 $ 200.00 $ Review updated variance analysis or F. Padilla (PREPA) and L. Matias 

(PREPA) regarding FY 2022 budget expenses certified by FOMB.

PR

50 San Miguel, 

Jorge

7/16/21 0.7 620.00 $ 434.00 $ Review the updated FEMA flash report and PREB docket filings to inform the 

7/23/21 bi-weekly mediation call.

PR

6 San Miguel, 

Jorge

7/16/21 1.4 620.00 $ 868.00 $ Participate in working session with G. Gil (ACG) to discuss and prepare 

comments to the draft FOMB Protocol Agreement for distribution to PREPA.

PR

2 Keys, Jamie 7/16/21 0.5 330.00 $ 165.00 $ Participate on various calls with P. Crisalli (ACG) regarding the status and next 

steps for the July 2021 cash flow budget.

Not in PR

2 Porter, Lucas 7/16/21 0.7 570.00 $ 399.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. San Miguel 

(ACG), J. Keys (ACG) and P. Crisalli (ACG) regarding July 2021 cash flow 

budget open items and next steps.

Not in PR

3 Gil, Gerard 7/16/21 0.1 500.00 $ 50.00 $ Review correspondence from Luma regarding certain FY 2022 budget expense 

categories.

PR

2 Crisalli, Paul 7/16/21 1.9 875.00 $ 1,662.50 $ Update the July 2021 cash flow budget support schedules for GridCo 

information provided by Luma.

Not in PR

2 Keys, Jamie 7/16/21 1.7 330.00 $ 561.00 $ Update the July 2021 cash flow budget for additional information related to nonfuel and purchased power operating expenses provided by P. Crisalli (ACG).Not in PR

2 San Miguel, 

Jorge

7/16/21 0.4 620.00 $ 248.00 $ Participate on call with E. Ortiz (PREPA) and P. Crisalli (ACG) regarding the 

work plan and open items related to the July 2021 cash flow budget.

PR

50 Porter, Lucas 7/16/21 0.2 570.00 $ 114.00 $ Prepare and send responding comments to N. Marino (ACG) regarding PREPA 

regulatory information for the 7/23/21 bi-weekly mediation call.

Not in PR

50 Marino, 

Nicholas

7/16/21 2.5 495.00 $ 1,237.50 $ Continue revising the Ankura internal PREPA and Luma regulatory proceeding 

summary document prior to the 7/23/21 bi-weekly mediation call.

Not in PR

50 Gil, Gerard 7/16/21 1.0 500.00 $ 500.00 $ Review latest filings in PREB dockets to inform updates during the 7/23/21 biweekly mediation call.

PR

3 Porter, Lucas 7/16/21 0.5 570.00 $ 285.00 $ Review accounting data template requested by L. Matias (PREPA) to inform FY 

2022 budget expenses.

Not in PR

50 San Miguel, 

Jorge

7/16/21 0.3 620.00 $ 186.00 $ Review the daily cash flow report provided by R. Zampierollo (PREPA) to 

inform discussion points for the 7/23/21 bi-weekly mediation call.

PR

3 Porter, Lucas 7/16/21 0.2 570.00 $ 114.00 $ Prepare and send responding information to P. Crisalli (ACG) regarding the FY 

2022 budget for PREB fees.

Not in PR

3 Marino, 

Nicholas

7/16/21 1.3 495.00 $ 643.50 $ Continue updating the PREPA FY 2022 fiscal plan projections overview 

presentation for the PREPA Board of Directors as requested by L. Porter (ACG).

Not in PR

2 Crisalli, Paul 7/16/21 0.4 875.00 $ 350.00 $ Participate in discussion with J. San Miguel (ACG) regarding the revised 

restructuring and Title III budget assumptions and pending input from N. 

Morales (PREPA).

Not in PR

50 San Miguel, 

Jorge

7/16/21 0.2 620.00 $ 124.00 $ Follow-up with J. Keys (ACG) related to requests for information received from 

creditor representatives to address during the 7/23/21 bi-weekly mediation call.

PR

Exhibit C

August 31, 2021 / #PR00049 15 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 108 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 7/16/21 0.1 500.00 $ 50.00 $ Review updated communications received from Moody's regarding PREPA's 

bond ratings.

PR

2 San Miguel, 

Jorge

7/16/21 0.7 620.00 $ 434.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), P. Crisalli 

(ACG), L. Porter (ACG) and J. Keys (ACG) regarding July 2021 cash flow 

budget open items and next steps.

PR

2 Crisalli, Paul 7/16/21 0.5 875.00 $ 437.50 $ Participate on various calls with J. Keys (ACG) regarding the status and next 

steps for the July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/16/21 0.5 875.00 $ 437.50 $ Correspond with Luma and PREPA regarding assumptions, open items and 

follow-up requests related to the July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/16/21 2.2 875.00 $ 1,925.00 $ Revise various GenCo and HoldCo assumptions and supporting schedule for the 

July 2021 cash flow budget.

Not in PR

2 Keys, Jamie 7/16/21 0.7 330.00 $ 231.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. San Miguel 

(ACG), L. Porter (ACG) and P. Crisalli (ACG) regarding July 2021 cash flow 

budget open items and next steps.

Not in PR

3 Porter, Lucas 7/16/21 1.4 570.00 $ 798.00 $ Prepare updated variance analysis for F. Padilla (PREPA) and L. Matias 

(PREPA) regarding FY 2022 budget expenses certified by FOMB.

Not in PR

3 Porter, Lucas 7/16/21 0.2 570.00 $ 114.00 $ Review request received from F. Padilla (PREPA) related to FY 2022 budget 

expenses certified by FOMB.

Not in PR

2 Crisalli, Paul 7/16/21 0.7 875.00 $ 612.50 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. San Miguel 

(ACG), L. Porter (ACG) and J. Keys (ACG) regarding July 2021 cash flow 

budget open items and next steps.

Not in PR

3 Porter, Lucas 7/16/21 1.7 570.00 $ 969.00 $ Develop initial draft presentation materials for F. Padilla (PREPA) related to the 

FY 2022 fiscal plan fuel procurement initiative.

Not in PR

2 San Miguel, 

Jorge

7/16/21 0.4 620.00 $ 248.00 $ Participate in discussion with P. Crisalli (ACG) regarding the revised 

restructuring and Title III budget assumptions and pending input from N. 

Morales (PREPA).

PR

50 Marino, 

Nicholas

7/16/21 2.0 495.00 $ 990.00 $ Revise the PREPA and Luma regulatory proceeding summary document prior to 

the 7/23/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 7/16/21 1.3 875.00 $ 1,137.50 $ Review GenCo and HoldCo supporting information to inform the July 2021 

cash flow budget.

Not in PR

2 Crisalli, Paul 7/16/21 1.7 875.00 $ 1,487.50 $ Review supporting documents provided by Luma in support of the GridCo cash 

flow budget.

Not in PR

50 San Miguel, 

Jorge

7/16/21 0.6 620.00 $ 372.00 $ Participate in discussion with R. Zampierollo (PREPA) and E. Ortiz (PREPA) 

regarding the federal funding information requests received from creditor 

representative to respond thereto.

PR

2 Keys, Jamie 7/16/21 0.5 330.00 $ 165.00 $ Participate on telephone call with S. Diaz (ARI) regarding pending DFMO RFR 

information for the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/16/21 1.0 570.00 $ 570.00 $ Revise the fuel working capital analysis provided by P. Crisalli (ACG) to inform 

draft presentation materials for F. Padilla (PREPA) related to the FY 2022 fiscal 

plan fuel procurement initiative.

Not in PR

50 Keys, Jamie 7/16/21 2.4 330.00 $ 792.00 $ Prepare the monthly accounts receivable reports for review by P. Crisalli (ACG) 

prior to distribution to mediation group.

Not in PR

50 Porter, Lucas 7/16/21 0.6 570.00 $ 342.00 $ Review the PREPA regulatory summary information prepared by N. Marino 

(ACG) to inform status updates for the 7/23/21 bi-weekly mediation call.

Not in PR

50 Smith, James 7/16/21 1.5 750.00 $ 1,125.00 $ Prepare initial outline and draft discussion notes for the 7/23/21 bi-weekly 

mediation call.

Not in PR

2 Crisalli, Paul 7/17/21 0.7 875.00 $ 612.50 $ Review the June 2021 Government collections report and provide comments to 

J. Roque (Luma) and D. Miller (Luma) regarding the same.

Not in PR

2 Keys, Jamie 7/17/21 2.2 330.00 $ 726.00 $ Update the July 2021 cash flow budget for additional information provided by 

P. Crisalli (ACG) related to non-fuel and purchased power operating expenses.

Not in PR

3 Crisalli, Paul 7/17/21 0.4 875.00 $ 350.00 $ Prepare the post-certification fiscal plan reports for week ended 7/9/21. Not in PR

3 Gil, Gerard 7/17/21 0.3 500.00 $ 150.00 $ Review the FOMB fiscal plan post-certification reporting package to inform FY 

2022 fiscal plan implementation.

PR

2 Crisalli, Paul 7/17/21 0.5 875.00 $ 437.50 $ Review draft of the July 2021 cash flow budget and provide comments to J. 

Keys (ACG).

Not in PR

50 Crisalli, Paul 7/18/21 0.3 875.00 $ 262.50 $ Correspond with D. Miller (Luma) and N. Morales (PREPA) regarding the June 

2021 accounts receivable reports.

Not in PR

2 Keys, Jamie 7/18/21 2.1 330.00 $ 693.00 $ Update the July 2021 cash flow budget for additional information provided by 

P. Crisalli (ACG) related to collections other operating expenses.

Not in PR

50 Crisalli, Paul 7/18/21 1.7 875.00 $ 1,487.50 $ Review the draft June 2021 active and inactive customer and Government 

accounts receivable reports and provide comments to J. Keys (ACG).

Not in PR

50 San Miguel, 

Jorge

7/19/21 1.5 620.00 $ 930.00 $ Review and gather financial and cash flow data to inform financial report for the 

7/23/21 bi-weekly mediation call.

PR

2 Keys, Jamie 7/19/21 0.4 330.00 $ 132.00 $ Review the updated NME inputs for the July 2021 cash flow budget. Not in PR

3 Porter, Lucas 7/19/21 2.1 570.00 $ 1,197.00 $ Develop the revised fuel working capital analysis based on documents provided 

by P. Crisalli (ACG) to inform draft presentation materials for F. Padilla 

(PREPA) related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 16 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 109 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 7/19/21 0.9 875.00 $ 787.50 $ Participate on call with D. Miller (Luma), K. Kostyk (Luma) and J. Roque 

(Luma) regarding status of the July 2021 cash flow budget and related open 

items, timeline and work plan.

Not in PR

2 Crisalli, Paul 7/19/21 0.7 875.00 $ 612.50 $ Review source documents and develop related restoration, reconstruction and 

insurance support schedules to inform the July 2021 cash flow budget.

Not in PR

2 Gil, Gerard 7/19/21 0.3 500.00 $ 150.00 $ Review the pending items list from P. Crisalli (ACG) for the July 2021 cash 

flow budget.

PR

2 Keys, Jamie 7/19/21 0.4 330.00 $ 132.00 $ Review the estimated RFR inputs for the July 2021 cash flow budget. Not in PR

3 Porter, Lucas 7/19/21 2.6 570.00 $ 1,482.00 $ Develop revised draft presentation for F. Padilla (PREPA) regarding FY 2022 

fiscal plan fuel procurement initiative.

Not in PR

2 Keys, Jamie 7/19/21 1.5 330.00 $ 495.00 $ Revise the July 2021 cash flow budget for updated fuel inputs provided by P. 

Crisalli (ACG).

Not in PR

6 Smith, James 7/19/21 1.0 750.00 $ 750.00 $ Review comments to the draft GridCo-GenCo Operating Agreement submitted 

by GenCo transaction bidders to assist PREPA management.

Not in PR

2 Crisalli, Paul 7/19/21 0.8 875.00 $ 700.00 $ Review drafts of the July 2021 cash flow budget outputs and provide comments 

to J. Keys (ACG).

Not in PR

2 San Miguel, 

Jorge

7/19/21 0.3 620.00 $ 186.00 $ Review correspondence from E. Ortiz (PREPA) related to the July 2021 cash 

flow budget updates to inform this week's budget update deliverable.

PR

3 Porter, Lucas 7/19/21 0.7 570.00 $ 399.00 $ Review updated information received from T. Rivera (Luma) related to 

generation costs to inform FY 2022 fiscal plan implementation reporting.

Not in PR

3 Porter, Lucas 7/19/21 0.8 570.00 $ 456.00 $ Participate in the weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Gil, Gerard 7/19/21 0.3 500.00 $ 150.00 $ Participate on call with R. Zampierollo (PREPA) to discuss data requests to 

update pension valuation and liquidity projections to advance FY 2022 fiscal 

plan implementation.

PR

2 Crisalli, Paul 7/19/21 1.2 875.00 $ 1,050.00 $ Revise current open items list and requests for information to PREPA 

management for the July 2021 cash flow budget.

Not in PR

50 Marino, 

Nicholas

7/19/21 1.5 495.00 $ 742.50 $ Summarize recent updates to PREPA and Luma regulatory proceedings for the 

Ankura team to discuss on the 7/23/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

7/19/21 2.1 495.00 $ 1,039.50 $ Review prior years FOMB certified PREPA fiscal plans to inform FY 2021 

overview presentation materials for F. Padilla (PREPA) and PREPA 

management.

Not in PR

2 Keys, Jamie 7/19/21 1.3 330.00 $ 429.00 $ Review the July 2021 cash flow budget outputs prior to distribution to P. 

Crisalli (ACG).

Not in PR

3 Porter, Lucas 7/19/21 0.6 570.00 $ 342.00 $ Revise the monthly generation capacity analysis to include updated data for June 

2021 received from G. Soto (Luma) to inform FY 2022 fiscal plan reporting and 

financial projections updates.

Not in PR

3 Gil, Gerard 7/19/21 0.8 500.00 $ 400.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

2 Crisalli, Paul 7/19/21 1.9 875.00 $ 1,662.50 $ Develop the cash flow bridge analysis and other supporting schedules for 

discussions with J. San Miguel (ACG) related to sources and uses of cash 

included in the July 2021 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

7/19/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) to discuss the July 2021 cash flow 

budget data and pending deliverables from PREPA.

PR

50 Marino, 

Nicholas

7/19/21 1.3 495.00 $ 643.50 $ Aggregate and provide a summary update to recent news and events related to 

PREPA for J. Smith (ACG) ahead of the 7/23/21 bi-weekly mediation call. 

Not in PR

50 Smith, James 7/19/21 0.8 750.00 $ 600.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

3 Porter, Lucas 7/19/21 1.8 570.00 $ 1,026.00 $ Revise the monthly generation and fuel consumption analysis to include updated 

data for June 2021 received from T. Rivera (Luma) to inform FY 2022 fiscal 

plan reporting and financial projections updates.

Not in PR

50 Crisalli, Paul 7/19/21 0.4 875.00 $ 350.00 $ Participate in discussion with J. San Miguel (ACG) regarding the status of cash 

flow information provided by PREPA to inform updated financial report for the 

7/23/21 mediation call.

Not in PR

2 Crisalli, Paul 7/19/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) to discuss the July 2021 cash flow 

budget data and pending deliverables from PREPA.

Not in PR

3 Smith, James 7/19/21 0.8 750.00 $ 600.00 $ Participate in the weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

50 San Miguel, 

Jorge

7/19/21 0.6 620.00 $ 372.00 $ Review and provide comments to draft agenda related to financial, operations, 

transformation and regulatory matters to inform discussion points for the 

7/23/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

7/19/21 0.3 620.00 $ 186.00 $ Participate on call with G. Gil (ACG) to discuss the July 2021 cash flow budget 

update and agenda in preparation for the 7/23/21 bi-weekly mediation call.

PR

2 Keys, Jamie 7/19/21 0.6 330.00 $ 198.00 $ Revise the July 2021 cash flow budget per additional changes to professional 

service payment inputs provided by P. Crisalli (ACG).

Not in PR

3 Keys, Jamie 7/19/21 0.8 330.00 $ 264.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 17 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 110 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 7/19/21 0.6 875.00 $ 525.00 $ Follow-up correspondence with Luma and PREPA representatives regarding 

information provided in support of the July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/19/21 0.4 875.00 $ 350.00 $ Participate on call with L. Porter (ACG) regarding the fuel and purchased power 

assumptions for the July 2021 cash flow budget and fuel working capital 

sensitivity analysis.

Not in PR

2 San Miguel, 

Jorge

7/19/21 0.5 620.00 $ 310.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), P. Crisalli 

(ACG), L. Porter (ACG) and J. Keys (ACG) to discuss status of the July 2021 

cash flow budget and related open items, timeline and work plan.

PR

3 San Miguel, 

Jorge

7/19/21 0.8 620.00 $ 496.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

3 Gil, Gerard 7/19/21 0.4 500.00 $ 200.00 $ Participate on call with AON representatives to discuss status of the FY 2022 

fiscal plan pension reform initiative and next steps.

PR

50 Smith, James 7/19/21 0.4 750.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) to discuss outstanding questions 

received from creditors in preparation for the 7/23/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

7/19/21 0.4 620.00 $ 248.00 $ Participate in discussion with P. Crisalli (ACG) regarding the status of cash 

flow information provided by PREPA to inform updated financial report for the 

7/23/21 mediation call.

PR

2 Crisalli, Paul 7/19/21 0.5 875.00 $ 437.50 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. San Miguel 

(ACG), L. Porter (ACG) and J. Keys (ACG) to discuss status of the July 2021 

cash flow budget and related open items, timeline and work plan.

Not in PR

50 Gil, Gerard 7/19/21 0.3 500.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) to discuss the July 2021 cash flow 

budget update and agenda in preparation for the 7/23/21 bi-weekly mediation 

call.

PR

2 Gil, Gerard 7/19/21 0.3 500.00 $ 150.00 $ Participate on call with F. Padilla (PREPA) to discuss various pending items for 

the July 2021 cash flow budget related to necessary maintenance projects.

PR

2 Porter, Lucas 7/19/21 0.5 570.00 $ 285.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. San Miguel 

(ACG), P. Crisalli (ACG) and J. Keys (ACG) to discuss status of the July 2021 

cash flow budget and related open items, timeline and work plan.

Not in PR

2 Keys, Jamie 7/19/21 0.5 330.00 $ 165.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. San Miguel 

(ACG), P. Crisalli (ACG) and L. Porter (ACG) to discuss status of the July 2021 

cash flow budget and related open items, timeline and work plan.

Not in PR

3 Marino, 

Nicholas

7/19/21 0.8 495.00 $ 396.00 $ Participate in the weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Keys, Jamie 7/19/21 1.6 330.00 $ 528.00 $ Update the fuel and purchased power analysis for the June 2021 J28 report for 

use in reporting on the FY 2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

7/19/21 1.3 495.00 $ 643.50 $ Review the governance and implementation detail of prior years FOMB certified 

PREPA fiscal plans to inform F. Padilla (PREPA) and PREPA management of 

changes to FY 2021 fiscal plan related to fiscal plan overview presentation 

materials.

Not in PR

3 Crisalli, Paul 7/19/21 0.8 875.00 $ 700.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

2 Porter, Lucas 7/19/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG) regarding the fuel and purchased 

power assumptions for the July 2021 cash flow budget and fuel working capital 

sensitivity analysis.

Not in PR

2 Crisalli, Paul 7/19/21 2.1 875.00 $ 1,837.50 $ Revise the July 2021 cash flow budget collections and cash disbursement 

support schedules for updated information provided by Luma and PREPA.

Not in PR

50 San Miguel, 

Jorge

7/19/21 0.4 620.00 $ 248.00 $ Participate on call with J. Smith (ACG) to discuss outstanding questions 

received from creditors in preparation for the 7/23/21 bi-weekly mediation call.

PR

3 Porter, Lucas 7/19/21 0.3 570.00 $ 171.00 $ Review the FY 2021 budget information to inform response to P. Crisalli (ACG) 

regarding fiscal plan reporting.

Not in PR

2 Keys, Jamie 7/19/21 1.2 330.00 $ 396.00 $ Participate on telephone call with S. Diaz (ARI) regarding pending RFR 

information for the July 2021 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

7/19/21 0.5 620.00 $ 310.00 $ Review list of pending cash flow data inputs from PREPA Human Resources 

division for discussion with the PREPA Human Resources director in advance 

of the 7/23/21 bi-weekly mediation call.

PR

2 Crisalli, Paul 7/19/21 0.6 875.00 $ 525.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

50 San Miguel, 

Jorge

7/19/21 0.6 620.00 $ 372.00 $ Participate in discussion with E. Ortiz (PREPA) regarding pending financial and 

cash flow information to inform the 7/23/21 bi-weekly mediation call.

PR

6 Porter, Lucas 7/20/21 0.2 570.00 $ 114.00 $ Prepare and send response to M. Rapaport (NP) regarding status of the P3 

Authority generation transformation transaction RFP.

Not in PR

25 Keys, Jamie 7/20/21 1.0 330.00 $ 330.00 $ Review the Ankura June 2021 monthly fee statement circulated by C. Parker 

(ACG) for the period 6/1/21 through 6/5/21.

Not in PR

2 Crisalli, Paul 7/20/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) and J. Adrover (PREPA) regarding 

open items and requests for information related to GenCo and HoldCo payroll 

for the July 2021 cash flow budget.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 18 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 111 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Crisalli, Paul 7/20/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) to discuss incremental data 

provided by J. Adrover (PREPA) to inform discussion points for the 7/23/21 biweekly mediation call.

Not in PR

50 Crisalli, Paul 7/20/21 0.3 875.00 $ 262.50 $ Participate on follow-up call with J. San Miguel (ACG) to review pending list of 

deliverables related to the financial data update in preparation for the 7/23/21 biweekly mediation call.

Not in PR

2 Crisalli, Paul 7/20/21 0.3 875.00 $ 262.50 $ Participate on calls with J. Keys (ACG) regarding status updates related to the 

July 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/20/21 0.4 875.00 $ 350.00 $ Follow-up email correspondence with Luma team regarding open items related 

to the July 2021 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

7/20/21 0.4 620.00 $ 248.00 $ Follow-up on issuance of 2018 audited financial statements with N. Morales 

(PREPA) to inform the 7/23/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

7/20/21 0.3 620.00 $ 186.00 $ Participate on follow-up call with P. Crisalli (ACG) to review pending list of 

deliverables related to the financial data update in preparation for the 7/23/21 biweekly mediation call.

PR

3 Crisalli, Paul 7/20/21 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) regarding the workers compensation 

assumptions included in the FY 2022 certified budget.

Not in PR

2 Keys, Jamie 7/20/21 0.3 330.00 $ 99.00 $ Participate on calls with P. Crisalli (ACG) regarding status updates related to 

the July 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

7/20/21 2.1 495.00 $ 1,039.50 $ Continue updating the PREPA FY 2022 fiscal plan projections overview 

presentation for the PREPA Board of Directors as requested by L. Porter (ACG).

Not in PR

3 Porter, Lucas 7/20/21 0.6 570.00 $ 342.00 $ Review updated draft presentation materials from G. Gil (ACG) related to the 

FY 2022 fiscal plan procurement initiative.

Not in PR

50 San Miguel, 

Jorge

7/20/21 0.7 620.00 $ 434.00 $ Participate in discussion with G. Gil (ACG) regarding FY 2022 fiscal plan 

implementation items, financial update, and related agenda for the 7/23/21 biweekly mediation call.

PR

3 Porter, Lucas 7/20/21 0.9 570.00 $ 513.00 $ Review budget information provided by Y. Hickey (FOMB) to inform response 

to P. Crisalli (ACG) regarding FOMB certified FY 2022 budget expenses.

Not in PR

3 Porter, Lucas 7/20/21 0.5 570.00 $ 285.00 $ Prepare and send responding information on FY 2021 and FY 2022 budget 

labor expenses to N. Morales (PREPA) and P. Crisalli (ACG). 

Not in PR

2 Crisalli, Paul 7/20/21 0.3 875.00 $ 262.50 $ Participate on call with E. Barbosa (PREPA) regarding the diesel forecast for 

the July 2021 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

7/20/21 0.3 620.00 $ 186.00 $ Follow-up with PRASA representative on schedule of PRASA energy payments 

to PREPA to inform update of the July 2021 cash flow budget.

PR

2 Crisalli, Paul 7/20/21 0.8 875.00 $ 700.00 $ Review the additional employee disbursement information provided by PREPA 

to inform the July 2021 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

7/20/21 0.4 620.00 $ 248.00 $ Review additional financial information provided by J. Adrover (PREPA) 

related to cash flow and liquidity update to inform discussion points for the 

7/23/21 bi-weekly mediation call.

PR

3 Gil, Gerard 7/20/21 1.0 500.00 $ 500.00 $ Review generation P3 Authority procurement documentation to inform FY 2022 

budget related updates and fiscal plan initiatives implementation.

PR

2 Keys, Jamie 7/20/21 1.2 330.00 $ 396.00 $ Prepare the monthly bank account balance reports for distribution to R. Lopez 

(CM).

Not in PR

50 Smith, James 7/20/21 0.4 750.00 $ 300.00 $ Prepare responses to creditor questions in support of the creditor reporting 

workstream.

Not in PR

50 Gil, Gerard 7/20/21 0.9 500.00 $ 450.00 $ Participate on call with J. San Miguel (ACG) to review and discuss 

transformation, fiscal plan model and regulatory update items for the 7/23/21 biweekly mediation call.

PR

50 San Miguel, 

Jorge

7/20/21 0.5 620.00 $ 310.00 $ Review update financial data provided by J. Adrover (PREPA), L. Matias 

(PREPA) and E. Ortiz (PREPA) to inform discussion points for the 7/23/21 biweekly mediation call.

PR

50 Keys, Jamie 7/20/21 0.4 330.00 $ 132.00 $ Review Ankura team comments to the draft agenda for the 7/23/21 bi-weekly 

mediation call.

Not in PR

50 San Miguel, 

Jorge

7/20/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Adrover (PREPA) regarding pending 

information to inform financial projections prior to discussion on the 7/23/21 biweekly mediation call.

PR

2 Crisalli, Paul 7/20/21 0.4 875.00 $ 350.00 $ Review the revised Government collections report and provide feedback to J. 

Roque (Luma).

Not in PR

2 Keys, Jamie 7/20/21 0.8 330.00 $ 264.00 $ Review changes to the fuel and purchased power payments provided by L. 

Porter (ACG) for use in the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/20/21 0.7 570.00 $ 399.00 $ Prepare draft presentation for review by P. Crisalli (ACG) and G. Gil (ACG) for 

meeting with F. Padilla (PREPA) regarding FY 2022 fiscal plan fuel 

procurement initiative.

Not in PR

3 Gil, Gerard 7/20/21 0.6 500.00 $ 300.00 $ Review and provide comments to supporting documents related to the FY 2022 

fiscal plan fuel procurement initiative in advance of meeting with F. Padilla 

(PREPA).

PR

Exhibit C

August 31, 2021 / #PR00049 19 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 112 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 7/20/21 1.2 570.00 $ 684.00 $ Review FY 2021 and FY 2022 PREPA budget information regarding labor 

expenses to inform response to N. Morales (PREPA) and P. Crisalli (ACG). 

Not in PR

2 Keys, Jamie 7/20/21 1.5 330.00 $ 495.00 $ Revise the July 2021 cash flow budget for additional changes to permanent 

work inputs provided by P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 7/20/21 0.4 570.00 $ 228.00 $ Review FY 2021 fiscal plan initiative information provided by G. Gil (ACG) to 

inform FY 2021 fiscal plan monthly reports.

Not in PR

3 Porter, Lucas 7/20/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) regarding the workers compensation 

assumptions included in the FY 2022 certified budget.

Not in PR

2 Crisalli, Paul 7/20/21 0.4 875.00 $ 350.00 $ Participate in discussion with E. Ortiz (PREPA) and J. San Miguel (ACG) to 

review list of pending financial data and deliverables from PREPA to inform the 

updated July 2021 cash flow budget.

Not in PR

50 Marino, 

Nicholas

7/20/21 0.3 495.00 $ 148.50 $ Continue aggregating and provide a summary update to recent news and events 

related to PREPA for J. Smith (ACG) ahead of the 7/23/21 bi-weekly mediation 

call.

Not in PR

50 Marino, 

Nicholas

7/20/21 0.3 495.00 $ 148.50 $ Continue summarizing recent updates to PREPA and Luma regulatory 

proceedings for the Ankura team to discuss on the 7/23/21 bi-weekly mediation 

call.

Not in PR

50 Smith, James 7/20/21 1.7 750.00 $ 1,275.00 $ Update draft discussion notes for the 7/23/21 bi-weekly mediation call based on 

comments and information received from Ankura team.

Not in PR

50 Smith, James 7/20/21 1.4 750.00 $ 1,050.00 $ Review news and other public information regarding the Luma and PREPA 

operations in preparation for the 7/23/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 7/20/21 0.7 500.00 $ 350.00 $ Review and analyze correspondence from Luma regarding implementation of 

FY 2021 fiscal plan initiatives. 

PR

3 Porter, Lucas 7/20/21 0.7 570.00 $ 399.00 $ Review revised presentation materials received from P. Crisalli (ACG) related to 

the FY 2022 fiscal plan procurement initiative.

Not in PR

3 Porter, Lucas 7/20/21 0.2 570.00 $ 114.00 $ Review responding information from K. Kostyk (Luma) related to FY 2022 

budget expenses for F. Padilla (PREPA).

Not in PR

2 San Miguel, 

Jorge

7/20/21 0.4 620.00 $ 248.00 $ Participate in discussion with E. Ortiz (PREPA) and P. Crisalli (ACG) to review 

list of pending financial data and deliverables from PREPA to inform the 

updated July 2021 cash flow budget.

PR

2 Crisalli, Paul 7/20/21 0.3 875.00 $ 262.50 $ Update the GenCo and HoldCo employee disbursement templates for the July 

2021 cash flow budget.

Not in PR

2 Crisalli, Paul 7/20/21 0.4 875.00 $ 350.00 $ Revise the July 2021 cash flow budget work plan and RFI tracker for recent data 

received from PREPA and Luma.

Not in PR

25 Parker, 

Christine

7/20/21 0.7 200.00 $ 140.00 $ Update Exhibits A, B and C of the Ankura July 2021 monthly fee statement for 

information available through 7/19/21.

Not in PR

50 Gil, Gerard 7/20/21 0.4 500.00 $ 200.00 $ Review initial draft agenda for the 7/23/21 bi-weekly mediation call. PR

50 San Miguel, 

Jorge

7/20/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) to discuss incremental data provided 

by J. Adrover (PREPA) to inform discussion points for the 7/23/21 bi-weekly 

mediation call.

PR

2 Crisalli, Paul 7/20/21 0.6 875.00 $ 525.00 $ Review drafts of the July 2021 cash flow budget outputs and provide comments 

to J. Keys (ACG).

Not in PR

50 San Miguel, 

Jorge

7/20/21 0.9 620.00 $ 558.00 $ Participate on call with G. Gil (ACG) to review and discuss transformation, 

fiscal plan model and regulatory update items for the 7/23/21 bi-weekly 

mediation call.

PR

3 Gil, Gerard 7/20/21 0.6 500.00 $ 300.00 $ Review the renewable procurement plan to inform FY 2022 fiscal plan 

implementation and discussions with creditors.

PR

2 Crisalli, Paul 7/20/21 1.2 875.00 $ 1,050.00 $ Update the net cash flow bridge and supporting analyses for the July 2021 cash 

flow budget.

Not in PR

2 Crisalli, Paul 7/20/21 0.5 875.00 $ 437.50 $ Follow-up email correspondence with PREPA team regarding open items 

related to the July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/20/21 0.4 570.00 $ 228.00 $ Prepare and send supporting documents to P. Crisalli (ACG) and G. Gil (ACG) 

for review in advance of meeting with F. Padilla (PREPA) regarding FY 2022 

fiscal plan fuel procurement initiative.

Not in PR

3 Porter, Lucas 7/20/21 1.3 570.00 $ 741.00 $ Develop FY 2022 budget analysis workbook with supporting data sources and 

calculations to inform response to P. Crisalli (ACG) regarding FOMB certified 

FY 2022 budget expenses.

Not in PR

3 Porter, Lucas 7/20/21 0.3 570.00 $ 171.00 $ Prepare and send responses to F. Padilla (PREPA) regarding FY 2022 budget 

expenses.

Not in PR

3 Crisalli, Paul 7/20/21 3.0 875.00 $ 2,625.00 $ Review and update the fuel working capital presentation materials and 

supporting analysis and provide comments to L. Porter (ACG).

Not in PR

50 Gil, Gerard 7/20/21 0.7 500.00 $ 350.00 $ Participate in discussion with J. San Miguel (ACG) regarding FY 2022 fiscal 

plan implementation items, financial update, and related agenda for the 7/23/21 

bi-weekly mediation call.

PR

2 San Miguel, 

Jorge

7/20/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) and J. Adrover (PREPA) regarding 

open items and requests for information related to GenCo and HoldCo payroll 

for the July 2021 cash flow budget.

PR

Exhibit C

August 31, 2021 / #PR00049 20 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 113 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 7/20/21 0.8 500.00 $ 400.00 $ Review the FOMB Protocol Agreement sent by FOMB for discussion with 

PREPA management regarding the implications on FY 2022 fiscal plan and 

budget development.

PR

3 Marino, 

Nicholas

7/20/21 1.9 495.00 $ 940.50 $ Review the financial projections and debt service analysis and transformation 

plan chapters of prior years FOMB certified PREPA fiscal plans to inform 

presentation materials for F. Padilla (PREPA) and PREPA management.

Not in PR

3 Gil, Gerard 7/20/21 0.3 500.00 $ 150.00 $ Participate on call with F. Padilla (PREPA) to discuss the FY 2022 necessary 

maintenance budget and other fiscal plan items.

PR

50 San Miguel, 

Jorge

7/20/21 0.9 620.00 $ 558.00 $ Review and study regulatory update summary provided by N. Marino (ACG) to 

inform the materials for the 7/23/21 bi-weekly mediation call.

PR

3 Gil, Gerard 7/20/21 1.1 500.00 $ 550.00 $ Review and provide input on the fuel working capital analysis materials 

requested by F. Padilla (PREPA).

PR

3 Marino, 

Nicholas

7/21/21 0.7 495.00 $ 346.50 $ Finalize review of the current draft of the PREPA fuel working capital analysis 

presentation following call with L. Porter (ACG).

Not in PR

3 Porter, Lucas 7/21/21 0.3 570.00 $ 171.00 $ Prepare and send request with supporting information to N. Marino (ACG) 

regarding FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Porter, Lucas 7/21/21 0.3 570.00 $ 171.00 $ Review comments from G. Gil (ACG) to presentation materials related to the FY 

2022 fiscal plan fuel procurement initiative.

Not in PR

2 Crisalli, Paul 7/21/21 1.2 875.00 $ 1,050.00 $ Finalize the July 2021 cash flow budget. Not in PR

50 Marino, 

Nicholas

7/21/21 0.3 495.00 $ 148.50 $ Prepare a recent updates summary of PREPA and Luma regulatory proceedings 

for the Ankura team to discuss on the 7/23/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 7/21/21 0.3 570.00 $ 171.00 $ Prepare the initial draft results of the fuel and purchased power revenues and 

costs analysis for P. Crisalli (ACG) to inform FY 2022 fiscal plan reporting.

Not in PR

50 San Miguel, 

Jorge

7/21/21 0.9 620.00 $ 558.00 $ Review and study the updated July 2021 cash flow budget and assumptions 

prepared by P. Crisalli (ACG) in preparation for call with PREPA and Luma 

representatives to inform the 7/23/21 bi-weekly mediation call.

PR

50 Smith, James 7/21/21 0.6 750.00 $ 450.00 $ Review notes from the 6/30/21 PREPA Board of Directors meeting to 

incorporate relevant materials to inform discussion points for the 7/23/21 biweekly mediation call.

Not in PR

50 San Miguel, 

Jorge

7/21/21 0.1 620.00 $ 62.00 $ Follow-up with J. Keys (ACG) on FEMA data to address information request 

from creditor representatives.

PR

2 Crisalli, Paul 7/21/21 0.7 875.00 $ 612.50 $ Finalize the cash flow reporting for week ended 7/16/21. Not in PR

2 Gil, Gerard 7/21/21 0.4 500.00 $ 200.00 $ Review and analyze latest draft of the July 2021 cash flow budget in preparation 

for conference call with Luma and PREPA management.

PR

2 Crisalli, Paul 7/21/21 0.6 875.00 $ 525.00 $ Correspond with PREPA and Luma team regarding the summary outputs for the 

July 2021 cash flow budget.

Not in PR

25 Parker, 

Christine

7/21/21 1.1 200.00 $ 220.00 $ Assemble additional time descriptions submitted for the period 7/1/21 - 7/10/21 

for inclusion in the Ankura July 2021 monthly fee statement.

Not in PR

2 Crisalli, Paul 7/21/21 0.5 875.00 $ 437.50 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

50 Keys, Jamie 7/21/21 0.5 330.00 $ 165.00 $ Prepare the weekly creditor mediation reporting package for distribution. Not in PR

25 Parker, 

Christine

7/21/21 1.0 200.00 $ 200.00 $ Update Exhibits A, B and C of the Ankura July 2021 monthly fee statement for 

information available through 7/20/21.

Not in PR

3 Porter, Lucas 7/21/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss presentation materials for F. 

Padilla (PREPA) related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Porter, Lucas 7/21/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss materials related to the FY 

2022 fiscal plan fuel procurement initiative.

Not in PR

2 San Miguel, 

Jorge

7/21/21 0.2 620.00 $ 124.00 $ Review employee disbursement data provided by J. Adrover (PREPA) for the 

July 2021 cash flow budget update.

PR

2 Crisalli, Paul 7/21/21 0.4 875.00 $ 350.00 $ Review supporting documents and update July 2021 cash flow budget for 

revised GenCo and HoldCo employee disbursement assumptions provided by 

PREPA.

Not in PR

2 Crisalli, Paul 7/21/21 0.9 875.00 $ 787.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

7/16/21.

Not in PR

3 Gil, Gerard 7/21/21 0.7 500.00 $ 350.00 $ Review the FY 2022 fiscal plan reporting requirements in preparation for 

discussions with PREPA and FOMB.

PR

50 Smith, James 7/21/21 1.9 750.00 $ 1,425.00 $ Prepare the July fleet status report for distribution and to inform discussion 

points for the 7/23/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 7/21/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss the fuel working capital 

analysis for the FY 2022 fiscal plan fuel procurement initiative.

PR

2 Crisalli, Paul 7/21/21 0.7 875.00 $ 612.50 $ Review the July 2021 cash flow budget forecast and supporting materials and 

provide comments to J. Keys (ACG).

Not in PR

50 San Miguel, 

Jorge

7/21/21 0.7 620.00 $ 434.00 $ Review the summary of PREPA related developments prepared by N. Marino 

(ACG) to inform the 7/23/21 bi-weekly mediation call.

PR

3 Gil, Gerard 7/21/21 0.7 500.00 $ 350.00 $ Review responding comments from L. Porter (ACG) to presentation materials 

related to the FY 2022 fiscal plan fuel procurement initiative to provide 

additional input.

PR

Exhibit C

August 31, 2021 / #PR00049 21 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 114 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Keys, Jamie 7/21/21 0.6 330.00 $ 198.00 $ Revise the weekly cash flow outputs per comments provided by P. Crisalli 

(ACG).

Not in PR

2 Porter, Lucas 7/21/21 0.8 570.00 $ 456.00 $ Participate on call with N. Morales (PREPA), D. Miller (Luma), J. Roque 

(Luma), K. Kostyk (Luma), P. Crisalli (ACG), J. San Miguel (ACG) and G. Gil 

(ACG) regarding the assumptions, outputs and presentation materials for the 

July 2021 cash flow budget.

Not in PR

3 Porter, Lucas 7/21/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss the fuel working capital 

analysis for the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

50 Crisalli, Paul 7/21/21 0.3 875.00 $ 262.50 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

2 Gil, Gerard 7/21/21 0.8 500.00 $ 400.00 $ Participate on call with N. Morales (PREPA), D. Miller (Luma), J. Roque 

(Luma), K. Kostyk (Luma), P. Crisalli (ACG), J. San Miguel (ACG) and L. 

Porter (ACG) regarding the assumptions, outputs and presentation materials for 

the July 2021 cash flow budget.

PR

50 San Miguel, 

Jorge

7/21/21 0.6 620.00 $ 372.00 $ Research federal assistance program with funding through PR Housing to aid in 

payments of energy costs to inform the 7/23/21 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

7/21/21 1.9 495.00 $ 940.50 $ Review the rate and regulatory structure and reform and resiliency resource 

planning chapters of prior years FOMB certified PREPA fiscal plans to inform 

presentation materials for F. Padilla (PREPA) and PREPA management.

Not in PR

50 Marino, 

Nicholas

7/21/21 0.7 495.00 $ 346.50 $ Finalize the summary for recent updates of PREPA and Luma regulatory 

proceedings for the Ankura team to discuss on the 7/23/21 bi-weekly mediation 

call.

Not in PR

3 Crisalli, Paul 7/21/21 0.8 875.00 $ 700.00 $ Review the revised drafts of the fuel working capital analysis presentation 

materials and provide comments to L. Porter (ACG).

Not in PR

3 Porter, Lucas 7/21/21 1.6 570.00 $ 912.00 $ Revise presentation materials as discussed with G. Gil (ACG) for meeting with 

F. Padilla (PREPA) regarding the FY 2022 fiscal plan fuel procurement 

initiative.

Not in PR

50 Keys, Jamie 7/21/21 1.0 330.00 $ 330.00 $ Prepare the weekly FEMA flash report for the week ended 7/16/21 for review by 

P. Crisalli (ACG).

Not in PR

50 Keys, Jamie 7/21/21 2.1 330.00 $ 693.00 $ Prepare the monthly accounts receivable reports for review by P. Crisalli (ACG). Not in PR

2 San Miguel, 

Jorge

7/21/21 0.4 620.00 $ 248.00 $ Follow up discussions with J. Adrover (PREPA) regarding additional and 

pending financial data on human resources and personnel matters related to the 

July 2021 cash flow budget.

PR

3 Marino, 

Nicholas

7/21/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss materials related to the FY 

2022 fiscal plan fuel procurement initiative.

Not in PR

3 Marino, 

Nicholas

7/21/21 1.8 495.00 $ 891.00 $ Review the current draft of the PREPA fuel working capital analysis 

presentation per L. Porter (ACG) request.

Not in PR

3 Porter, Lucas 7/21/21 1.0 570.00 $ 570.00 $ Revise the draft analysis of the fuel and purchased power revenues and costs 

requested by P. Crisalli (ACG) to inform FY 2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 7/21/21 0.8 875.00 $ 700.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

50 Keys, Jamie 7/21/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly creditor 

mediation reports.

Not in PR

3 Gil, Gerard 7/21/21 0.9 500.00 $ 450.00 $ Revise fuel working capital analysis workbook to provide comments to L. Porter 

(ACG) related to the FY 2022 fiscal plan fuel procurement initiative.

PR

2 Crisalli, Paul 7/21/21 0.4 875.00 $ 350.00 $ Review the draft July 2021 cash flow budget information provided by J. Keys 

(ACG) and provide comments regarding the same.

Not in PR

3 Porter, Lucas 7/21/21 0.6 570.00 $ 342.00 $ Revise the draft presentation related to the FY 2022 fiscal plan fuel procurement 

initiative for meeting with F. Padilla (PREPA) based on comments received 

from P. Crisalli (ACG).

Not in PR

50 Keys, Jamie 7/21/21 1.1 330.00 $ 363.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to mediation group.

Not in PR

3 Gil, Gerard 7/21/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss presentation materials for F. 

Padilla (PREPA) related to the FY 2022 fiscal plan fuel procurement initiative.

PR

2 Crisalli, Paul 7/21/21 0.6 875.00 $ 525.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

2 Keys, Jamie 7/21/21 0.8 330.00 $ 264.00 $ Finalize the July 2021 cash flow budget and send outputs to P. Crisalli (ACG). Not in PR

2 Keys, Jamie 7/21/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast sent to N. Morales (PREPA) by P. Crisalli 

(ACG).

Not in PR

2 Crisalli, Paul 7/21/21 0.8 875.00 $ 700.00 $ Participate on call with N. Morales (PREPA), D. Miller (Luma), J. Roque 

(Luma), K. Kostyk (Luma), J. San Miguel (ACG), G. Gil (ACG) and L. Porter 

(ACG) regarding the assumptions, outputs and presentation materials for the 

July 2021 cash flow budget.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 22 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 115 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 San Miguel, 

Jorge

7/21/21 0.8 620.00 $ 496.00 $ Participate on call with N. Morales (PREPA), D. Miller (Luma), J. Roque 

(Luma), K. Kostyk (Luma), P. Crisalli (ACG), G. Gil (ACG) and L. Porter 

(ACG) regarding the assumptions, outputs and presentation materials for the 

July 2021 cash flow budget.

PR

2 Porter, Lucas 7/21/21 0.9 570.00 $ 513.00 $ Review draft cash flow reporting information prepared by P. Crisalli (ACG) for 

N. Morales (PREPA) and D. Miller (Luma) as required by the FY 2022 fiscal 

plan.

Not in PR

50 San Miguel, 

Jorge

7/21/21 0.3 620.00 $ 186.00 $ Review updated FEMA flash report prepared by J. Keys (ACG) to prepare 

updates for the 7/23/21 bi-weekly mediation call.

PR

50 Porter, Lucas 7/21/21 0.5 570.00 $ 285.00 $ Review the regulatory status update information provided by N. Marino (ACG) 

in advance of the 7/23/21 mediation call.

Not in PR

50 San Miguel, 

Jorge

7/21/21 0.5 620.00 $ 310.00 $ Review accounts receivable aging schedules for government and other clients in 

preparation for 7/23/21 bi-weekly mediation call.

PR

2 San Miguel, 

Jorge

7/21/21 0.6 620.00 $ 372.00 $ Review updated draft July 2021 cash flow budget to be presented to N. Morales 

(PREPA) and D. Miller (Luma) for review and comments prior to issuance.

PR

50 San Miguel, 

Jorge

7/21/21 2.1 620.00 $ 1,302.00 $ Continue review of PREB regulatory docket summary material provided by N. 

Marino (ACG) in preparation of the 7/23/21 bi-weekly mediation call.

PR

3 Porter, Lucas 7/21/21 2.1 570.00 $ 1,197.00 $ Revise the fuel working capital analysis to incorporate comments received from 

G. Gil (ACG) related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Porter, Lucas 7/21/21 0.4 570.00 $ 228.00 $ Prepare responses to comments received from N. Marino (ACG) regarding the 

fuel working capital analysis related to the FY 2022 fiscal plan fuel procurement 

initiative.

Not in PR

3 Porter, Lucas 7/21/21 0.2 570.00 $ 114.00 $ Prepare and send responding historical financial information requested by S. 

Acevedo (PREPA) related to PREPA FY 2022 budgets.

Not in PR

3 Porter, Lucas 7/21/21 0.3 570.00 $ 171.00 $ Prepare and send responding comments to G. Gil (ACG) and P. Crisalli (ACG) 

regarding presentation materials related to the FY 2022 fiscal plan fuel 

procurement initiative.

Not in PR

50 Crisalli, Paul 7/21/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

2 Keys, Jamie 7/21/21 1.4 330.00 $ 462.00 $ Prepare the weekly cash flow outputs for the week ended 7/16/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 7/21/21 0.2 570.00 $ 114.00 $ Review comments received from P. Crisalli (ACG) to the draft presentation 

materials for F. Padilla (PREPA) related to the FY 2022 fiscal plan fuel 

procurement initiative.

Not in PR

50 Porter, Lucas 7/22/21 0.8 570.00 $ 456.00 $ Revise the draft meeting notes received from J. Smith (ACG) to include 

discussion on market fuel prices for the 7/23/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

7/22/21 2.3 620.00 $ 1,426.00 $ Review and edit agenda for the 7/23/21 bi-weekly mediation call and follow-up 

on pending inputs received from L. Porter (ACG) and J. Smith (ACG).

PR

50 San Miguel, 

Jorge

7/22/21 0.2 620.00 $ 124.00 $ Review the requests for information received from creditor stakeholder in 

advance of the 7/23/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

7/22/21 1.1 620.00 $ 682.00 $ Participate in working session with G. Gil (ACG) to update materials in 

preparation for the 7/23/21 bi-weekly mediation call.

PR

50 Porter, Lucas 7/22/21 1.1 570.00 $ 627.00 $ Analyze the market fuel price data from S&P Global to inform updates to 

meeting notes for the 7/23/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 7/22/21 0.3 500.00 $ 150.00 $ Review generation operational report for the week ending 7/18/21 for FOMB 

representatives as required by the PREPA FY 2022 fiscal plan.

PR

50 Keys, Jamie 7/22/21 0.7 330.00 $ 231.00 $ Prepare submission of the weekly Excel files for creditor mediation and fiscal 

plan related reporting.

Not in PR

50 San Miguel, 

Jorge

7/22/21 1.3 620.00 $ 806.00 $ Review and collect information to prepare responses to requests for information 

received from creditor stakeholder and inform discussion points for the 7/23/21 

bi-weekly mediation call.

PR

2 Keys, Jamie 7/22/21 0.3 330.00 $ 99.00 $ Revise the monthly bank account balance reports per comments provided by P. 

Crisalli (ACG) prior to distribution to R. Lopez (CM).

Not in PR

50 San Miguel, 

Jorge

7/22/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) regarding financial data and 

liquidity updates to inform the 7/23/21 bi-weekly mediation call.

PR

50 Crisalli, Paul 7/22/21 0.8 875.00 $ 700.00 $ Review draft materials in preparation for the upcoming bi-weekly mediation call 

and provide updates related to the cash flow and liquidity-related items.

Not in PR

50 San Miguel, 

Jorge

7/22/21 0.3 620.00 $ 186.00 $ Follow-up with L. Porter (ACG) regarding pending updates to the agenda for the 

7/23/21 bi-weekly mediation call.

PR

50 Smith, James 7/22/21 1.3 750.00 $ 975.00 $ Update draft discussion notes for the 7/23/21 bi-weekly mediation call for 

distribution to M. DiConza (OMM) and the Ankura team.

Not in PR

3 Gil, Gerard 7/22/21 0.4 500.00 $ 200.00 $ Participate in discussion with F. Padilla (PREPA) regarding the FY 2022 fiscal 

plan initiatives and implementation plan.

PR

2 Crisalli, Paul 7/22/21 1.1 875.00 $ 962.50 $ Update the monthly cash flow for June 2021 actuals and provide comments to J. 

Key (ACG) regarding the bank balance report per AAFAF's request.

Not in PR

2 Crisalli, Paul 7/22/21 0.4 875.00 $ 350.00 $ Review the EcoElectrica invoice history and provide related information to L. 

Porter (ACG) to support the generation analysis.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 23 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 116 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Keys, Jamie 7/22/21 1.5 330.00 $ 495.00 $ Prepare the monthly industrial and government accounts receivable reports prior 

to distribution to P. Crisalli (ACG) for review.

Not in PR

3 Porter, Lucas 7/22/21 1.5 570.00 $ 855.00 $ Prepare the generation operational report for the week ending 7/18/21 based on 

data from G. Soto (Luma) for FOMB as required by the FY 2022 PREPA fiscal 

plan.

Not in PR

50 Smith, James 7/22/21 0.2 750.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) to discuss updated draft agenda for 

the 7/23/21 bi-weekly mediation call.

Not in PR

3 Crisalli, Paul 7/22/21 0.5 875.00 $ 437.50 $ Prepare the post-certification fiscal plan reports for week ended 7/16/21. Not in PR

3 Porter, Lucas 7/22/21 0.6 570.00 $ 342.00 $ Review the master payment schedule provided by E. Barbosa (PREPA) to 

inform revisions to the monthly generation analysis for FY 2022 fiscal plan 

reporting.

Not in PR

50 Keys, Jamie 7/22/21 0.5 330.00 $ 165.00 $ Review the current draft of the bi-weekly mediation call agenda circulated by J. 

Smith (ACG).

Not in PR

6 Gil, Gerard 7/22/21 0.4 500.00 $ 200.00 $ Participate on call with J. San Miguel (ACG) to discuss the T&D O&M 

agreement inquiry received from J. Lopez (PREPA) related to IT matters.

PR

2 Crisalli, Paul 7/22/21 0.6 875.00 $ 525.00 $ Develop analysis and related correspondence with J. Roque (Luma) regarding 

bank account and projected daily cash flow reconciliation.

Not in PR

2 Keys, Jamie 7/22/21 0.2 330.00 $ 66.00 $ Correspond with R. Lopez (CM) regarding the monthly bank account balance 

reports.

Not in PR

6 San Miguel, 

Jorge

7/22/21 0.4 620.00 $ 248.00 $ Participate on call with G. Gil (ACG) to discuss the T&D O&M agreement 

inquiry received from J. Lopez (PREPA) related to IT matters.

PR

25 Keys, Jamie 7/22/21 1.4 330.00 $ 462.00 $ Review the Ankura June 2021 monthly fee statement for the period 6/22/21 - 

6/30/21.

Not in PR

50 Porter, Lucas 7/22/21 0.3 570.00 $ 171.00 $ Revise the draft meeting notes as requested by J. San Miguel (ACG) for the 

7/23/21 bi-weekly mediation call.

Not in PR

50 Gil, Gerard 7/22/21 1.1 500.00 $ 550.00 $ Participate in working session with J. San Miguel (ACG) to update materials in 

preparation for the 7/23/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

7/22/21 0.2 620.00 $ 124.00 $ Participate on call with J. Smith (ACG) to discuss updated draft agenda for the 

7/23/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

7/22/21 0.9 620.00 $ 558.00 $ Complete review of the PREB dockets to inform updates for the 7/23/21 biweekly mediation call.PR

6 Gil, Gerard 7/22/21 1.7 500.00 $ 850.00 $ Review and prepare comments to updated version of the draft GridCo-GenCo 

Operating Agreement.

PR

3 Gil, Gerard 7/22/21 0.8 500.00 $ 400.00 $ Review the updated fuel procurement working capital analysis and materials 

and provide input to L. Porter (ACG).

PR

50 Smith, James 7/22/21 0.5 750.00 $ 375.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system updates in preparation for the 7/23/21 bi-weekly mediation 

call. 

Not in PR

50 Smith, James 7/22/21 1.2 750.00 $ 900.00 $ Review the regulatory docket and parts of the video hearing related to model 

Luma customer bill and prepare discussion points in preparation for the 7/23/21 

bi-weekly mediation call.

Not in PR

50 Porter, Lucas 7/22/21 0.7 570.00 $ 399.00 $ Review draft call notes received from J. San Miguel (ACG) and J. Smith (ACG) 

regarding operational and financial matters in advance of the 7/23/21 mediation 

call.

Not in PR

50 Porter, Lucas 7/22/21 0.5 570.00 $ 285.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system updates in preparation for the 7/23/21 bi-weekly mediation 

call. 

Not in PR

3 Porter, Lucas 7/22/21 0.6 570.00 $ 342.00 $ Review the updated daily generation reports received from G. Soto (Luma) for 

development of the generation operational report for the week ending 7/18/21 

required by the FY 2022 certified fiscal plan.

Not in PR

2 Crisalli, Paul 7/22/21 0.8 875.00 $ 700.00 $ Review the revised daily cash flow and bank balances provided by J. Roque 

(Luma) and provide comments regarding the same.

Not in PR

50 Gil, Gerard 7/22/21 2.0 500.00 $ 1,000.00 $ Review the PREB regulatory dockets and latest filings in preparation for the 

7/23/21 bi-weekly mediation call.

PR

50 Smith, James 7/22/21 0.5 750.00 $ 375.00 $ Update the May fleet status report based on meeting with G. Soto (Luma) in 

preparation for the 7/23/21 bi-weekly mediation call.

Not in PR

50 Smith, James 7/22/21 0.3 750.00 $ 225.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

6 San Miguel, 

Jorge

7/22/21 0.1 620.00 $ 62.00 $ Participate on call with J. Lopez (PREPA) regarding T&D O&M agreement 

matters.

PR

50 San Miguel, 

Jorge

7/23/21 0.5 620.00 $ 310.00 $ Participate on the bi-weekly mediation call. PR

3 Gil, Gerard 7/23/21 0.5 500.00 $ 250.00 $ Review the updated FY 2022 fiscal plan financial model received from Y. 

Hickey (FOMB) to prepare responses to requests for information received from 

creditors.

PR

2 San Miguel, 

Jorge

7/23/21 0.4 620.00 $ 248.00 $ Participate in discussion with E. Ortiz (PREPA) regarding financial reporting 

requirements, cadence and data requests to inform cash flow and liquidity 

reporting.

PR

Exhibit C

August 31, 2021 / #PR00049 24 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 117 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

25 Keys, Jamie 7/23/21 1.3 330.00 $ 429.00 $ Finish review of the Ankura June 2021 fee statement prior to circulation to P. 

Crisalli (ACG).

Not in PR

50 Crisalli, Paul 7/23/21 0.8 875.00 $ 700.00 $ Review the accounts receivable roll-forward reports for June 2021 for 

residential, commercial, industrial and government customers.

Not in PR

50 Gil, Gerard 7/23/21 0.5 500.00 $ 250.00 $ Participate on the bi-weekly mediation call. PR

3 San Miguel, 

Jorge

7/23/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) to review and discuss agenda for 

meetings with N. Morales (PREPA) and PREPA teams related to financial 

reporting and disclosure schedules.

PR

50 San Miguel, 

Jorge

7/23/21 0.3 620.00 $ 186.00 $ Review requests for information received from creditor stakeholders following 

the bi-weekly mediation call to prepare responses regarding the same.

PR

50 San Miguel, 

Jorge

7/23/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG), J. Smith (ACG), G. Gil (ACG), L. 

Porter (ACG) and J. Keys (ACG) to discuss creditor questions related to PREPA 

financial, regulatory, and operational matters.

PR

50 Smith, James 7/23/21 0.7 750.00 $ 525.00 $ Review open items related to materials for the bi-weekly mediation call to 

provide update to J. San Miguel (ACG).

Not in PR

3 Porter, Lucas 7/23/21 0.3 570.00 $ 171.00 $ Review the financial information provided by L. Matias (PREPA) related to the 

FY 2022 budget.

Not in PR

3 Porter, Lucas 7/23/21 1.2 570.00 $ 684.00 $ Review the updated FY 2022 fiscal plan financial model received from Y. 

Hickey (FOMB) to ascertain changes and corrections to input assumptions. 

Not in PR

3 Crisalli, Paul 7/23/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) to review and discuss agenda for 

meetings with N. Morales (PREPA) and PREPA teams related to financial 

reporting and disclosure schedules.

Not in PR

3 Porter, Lucas 7/23/21 0.4 570.00 $ 228.00 $ Prepare responding comments and information for L. Matias (PREPA) related to 

the FY 2022 budget.

Not in PR

50 Gil, Gerard 7/23/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) regarding 

requests for information received from creditor representatives related to 

financial model, energy efficiencies and fuel RFP processes with PREPA.

PR

50 San Miguel, 

Jorge

7/23/21 0.4 620.00 $ 248.00 $ Participate in discussion with J. Keys (ACG) regarding next steps with PREPA 

office of the CFO and staff related to the financial reporting process and data to 

inform updates on budgets, cash flow and mediation calls with creditor 

stakeholders.

PR

50 San Miguel, 

Jorge

7/23/21 0.2 620.00 $ 124.00 $ Participate in discussion with L. Porter (ACG) and G. Gil (ACG) regarding the 

fuel and fiscal plan financial model update in preparation for the bi-weekly 

mediation call.

PR

50 San Miguel, 

Jorge

7/23/21 1.1 620.00 $ 682.00 $ Revise and finalize agenda for the bi-weekly mediation call. PR

50 Keys, Jamie 7/23/21 0.5 330.00 $ 165.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Gil, Gerard 7/23/21 0.5 500.00 $ 250.00 $ Participate in meeting with J. San Miguel (ACG) to prepare for the bi-weekly 

mediation call.

PR

3 Porter, Lucas 7/23/21 1.0 570.00 $ 570.00 $ Develop the revised FY 2022 budget analysis L. Matias (PREPA) to incorporate 

FOMB certified budget information.

Not in PR

50 San Miguel, 

Jorge

7/23/21 0.5 620.00 $ 310.00 $ Participate on call with L. Porter (ACG) and G. Gil (ACG) regarding requests 

for information received from creditor representatives related to financial model, 

energy efficiencies and fuel RFP processes with PREPA.

PR

3 Gil, Gerard 7/23/21 0.2 500.00 $ 100.00 $ Participate on call with L. Matias (PREPA) to discuss the FY 2022 budget 

analysis.

PR

3 Gil, Gerard 7/23/21 0.8 500.00 $ 400.00 $ Review the FY 2022 budget changes proposed by L. Matias (PREPA) to assess 

compliance with the FY 2022 fiscal plan.

PR

50 Crisalli, Paul 7/23/21 0.2 875.00 $ 175.00 $ Participate on telephone call with J. Keys (ACG) regarding updates to the 

monthly commercial accounts receivable report.

Not in PR

50 Smith, James 7/23/21 0.5 750.00 $ 375.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Keys, Jamie 7/23/21 0.2 330.00 $ 66.00 $ Participate on telephone call with P. Crisalli (ACG) regarding updates to the 

monthly commercial accounts receivable report.

Not in PR

50 San Miguel, 

Jorge

7/23/21 0.4 620.00 $ 248.00 $ Participate on call with J. Smith (ACG) to review operational data provided by 

PREPA in preparation for the bi-weekly mediation call.

PR

50 Porter, Lucas 7/23/21 0.2 570.00 $ 114.00 $ Participate on call with A. Mahadevan (MCK) to discuss creditor questions 

related to PREPA financial, regulatory and operational matters.

Not in PR

50 Porter, Lucas 7/23/21 0.6 570.00 $ 342.00 $ Prepare revised responses to creditor questions related to PREPA historical and 

forecast financial information prior to distribution to J. San Miguel (ACG).

Not in PR

50 Gil, Gerard 7/23/21 0.4 500.00 $ 200.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG), J. Smith 

(ACG), L. Porter (ACG) and J. Keys (ACG) to discuss creditor questions related 

to PREPA financial, regulatory, and operational matters.

PR

2 Crisalli, Paul 7/23/21 0.7 875.00 $ 612.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

7/23/21.

Not in PR

50 Porter, Lucas 7/23/21 0.5 570.00 $ 285.00 $ Participate on call with J. San Miguel (ACG) and G. Gil (ACG) regarding 

requests for information received from creditor representatives related to 

financial model, energy efficiencies and fuel RFP processes with PREPA.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 25 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 118 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

7/23/21 0.2 620.00 $ 124.00 $ Participate on call with N. Morales (PREPA) regarding agenda for discussion 

with PREPA personnel related to financial reporting and cadence to inform the 

bi-weekly mediation calls.

PR

50 Crisalli, Paul 7/23/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to discuss cash flow and liquidityrelated items in preparation for the bi-weekly mediation call.

Not in PR

3 Porter, Lucas 7/23/21 0.3 570.00 $ 171.00 $ Prepare and send responding comments and questions to Y. Hickey (FOMB) 

related to the updated FY 2022 fiscal plan financial model.

Not in PR

50 Gil, Gerard 7/23/21 0.3 500.00 $ 150.00 $ Review draft responses received from L. Porter (ACG) to creditor questions 

related to PREPA historical and forecast financial information.

PR

50 San Miguel, 

Jorge

7/23/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) to discuss cash flow and liquidityrelated items in preparation for the bi-weekly mediation call.PR

50 Marino, 

Nicholas

7/23/21 0.5 495.00 $ 247.50 $ Participate on the bi-weekly mediation call. Not in PR

50 Crisalli, Paul 7/23/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG), J. Smith (ACG), G. Gil (ACG), L. 

Porter (ACG) and J. Keys (ACG) to discuss creditor questions related to PREPA 

financial, regulatory, and operational matters.

Not in PR

50 Smith, James 7/23/21 0.5 750.00 $ 375.00 $ Review correspondence and supporting materials related to fuel procurement, 

fiscal plan modeling and other follow-up questions from the bi-weekly 

mediation call.

Not in PR

50 Keys, Jamie 7/23/21 0.4 330.00 $ 132.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG), J. Smith 

(ACG), G. Gil (ACG) and L. Porter (ACG) to discuss creditor questions related 

to PREPA financial, regulatory and operational matters.

Not in PR

50 Gil, Gerard 7/23/21 0.2 500.00 $ 100.00 $ Participate in discussion with L. Porter (ACG) and J. San Miguel (ACG) 

regarding the fuel and fiscal plan financial model update in preparation for the 

bi-weekly mediation call.

PR

50 Crisalli, Paul 7/23/21 0.5 875.00 $ 437.50 $ Participate on the bi-weekly mediation call. Not in PR

50 Keys, Jamie 7/23/21 0.4 330.00 $ 132.00 $ Participate in discussion with J. San Miguel (ACG) regarding next steps with 

PREPA office of the CFO and staff related to the financial reporting process and 

data to inform updates on budgets, cash flow and mediation calls with creditor 

stakeholders.

Not in PR

3 Porter, Lucas 7/23/21 1.4 570.00 $ 798.00 $ Analyze the hourly generation data provided by G. Soto (Luma) to inform 

updates to the generation analyses for FY 2022 fiscal plan reporting and 

implementation.

Not in PR

50 Porter, Lucas 7/23/21 0.2 570.00 $ 114.00 $ Participate in discussion with J. San Miguel (ACG) and G. Gil (ACG) regarding 

the fuel and fiscal plan financial model update in preparation for the bi-weekly 

mediation call.

Not in PR

50 Smith, James 7/23/21 0.4 750.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) to review operational data 

provided by PREPA in preparation for the bi-weekly mediation call.

Not in PR

50 Keys, Jamie 7/23/21 3.5 330.00 $ 1,155.00 $ Prepare the monthly commercial, summary, public housing, residential and TSA 

entity accounts receivable reports prior to distribution to P. Crisalli (ACG) for 

review.

Not in PR

50 San Miguel, 

Jorge

7/23/21 0.3 620.00 $ 186.00 $ Review and edit list of information requested by creditors resulting from the biweekly mediation call and send to N. Marino (ACG) for response.PR

3 Gil, Gerard 7/23/21 0.5 500.00 $ 250.00 $ Review the revised FY 2022 budget analysis for L. Matias (PREPA) to 

incorporate FOMB certified budget information and commentary prepared by L. 

Porter (ACG) in advance of submission to PREPA.

PR

50 San Miguel, 

Jorge

7/23/21 0.5 620.00 $ 310.00 $ Participate in meeting with G. Gil (ACG) to prepare for the bi-weekly mediation 

call.

PR

50 Porter, Lucas 7/23/21 0.5 570.00 $ 285.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Porter, Lucas 7/23/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG), J. Smith 

(ACG), G. Gil (ACG) and J. Keys (ACG) to discuss creditor questions related to 

PREPA financial, regulatory and operational matters.

Not in PR

50 Smith, James 7/23/21 0.4 750.00 $ 300.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG), G. Gil (ACG), 

L. Porter (ACG) and J. Keys (ACG) to discuss creditor questions related to 

PREPA financial, regulatory, and operational matters.

Not in PR

6 Gil, Gerard 7/25/21 1.7 500.00 $ 850.00 $ Review the updated P3 Authority generation transformation transaction RFP 

and related procurement documentation to inform discussions and updates to the 

draft GridCo-GenCo Operating Agreement.

PR

2 Crisalli, Paul 7/26/21 0.2 875.00 $ 175.00 $ Participate on call with K. Kostyk (Luma) and J. Roque (Luma) regarding 

follow-up reporting items for the July 2021 cash flow budget and related budgetto-actual reporting.

Not in PR

50 Gil, Gerard 7/26/21 0.2 500.00 $ 100.00 $ Correspond with F. Padilla (PREPA) regarding various requests for information 

received from PREPA creditors.

PR

50 San Miguel, 

Jorge

7/26/21 0.1 620.00 $ 62.00 $ Correspond with G. Gil (ACG) regarding pending items to reply to requests for 

information from PREPA creditors.

PR

3 Marino, 

Nicholas

7/26/21 0.9 495.00 $ 445.50 $ Continue reviewing the operational initiatives and performance improvements 

chapter of prior years FOMB certified PREPA fiscal plans to inform 

development of presentation materials requested by G. Gil (ACG) for PREPA 

management.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 26 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 119 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

7/26/21 0.7 495.00 $ 346.50 $ Participate on call with J. Keys (ACG) and G. Gil (ACG) to discuss status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

50 Porter, Lucas 7/26/21 0.2 570.00 $ 114.00 $ Review responding information from K. Kostyk (Luma) related to creditor 

representative questions on budget and financial forecasts.

Not in PR

50 Smith, James 7/26/21 1.0 750.00 $ 750.00 $ Review the July 2021 generation operations and outage reports received from G. 

Soto (Luma) in support of the creditor reporting workstream.

Not in PR

3 Marino, 

Nicholas

7/26/21 0.4 495.00 $ 198.00 $ Review the liquidity management chapter of prior years FOMB certified PREPA 

fiscal plans to inform F. Padilla (PREPA) and PREPA management of changes 

to FY 2021 fiscal plan related to fiscal plan overview presentation materials.

Not in PR

3 Porter, Lucas 7/26/21 0.8 570.00 $ 456.00 $ Review revised FY 2022 budget analysis materials for L. Matias (PREPA) 

related to the FOMB certified budget.

Not in PR

3 Gil, Gerard 7/26/21 0.2 500.00 $ 100.00 $ Review correspondence with PREPA management regarding the FY 2022 

budget revision.

PR

6 Gil, Gerard 7/26/21 1.6 500.00 $ 800.00 $ Review appendices to the draft GridCo-GenCo Operating Agreement to inform 

discussions with PREPA management.

PR

3 Porter, Lucas 7/26/21 1.3 570.00 $ 741.00 $ Analyze master payment schedule data from E. Barbosa (PREPA) related to fuel 

cost updates for FY 2022 fiscal plan financial projections update and budget 

variance analysis. 

Not in PR

25 Crisalli, Paul 7/26/21 1.6 875.00 $ 1,400.00 $ Review Exhibits A, B and C to the Ankura June 2021 monthly fee statement. Not in PR

50 Keys, Jamie 7/26/21 0.5 330.00 $ 165.00 $ Review the monthly accounts receivable reports circulated by P. Crisalli (ACG) 

to N. Morales (PREPA).

Not in PR

50 Gil, Gerard 7/26/21 0.1 500.00 $ 50.00 $ Correspond with J. San Miguel (ACG) regarding pending items to respond to 

requests for information received from PREPA creditors.

PR

2 Crisalli, Paul 7/26/21 1.5 875.00 $ 1,312.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

3 Gil, Gerard 7/26/21 0.7 500.00 $ 350.00 $ Participate on call with J. Keys (ACG) and N. Marino (ACG) to discuss status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

2 Crisalli, Paul 7/26/21 0.6 875.00 $ 525.00 $ Develop analysis and related correspondence with Luma and PREPA 

representatives regarding the cash flow variances for the week ended 7/23/21.

Not in PR

2 Keys, Jamie 7/26/21 1.4 330.00 $ 462.00 $ Prepare the weekly cash flow outputs for the week ended 7/23/21 for review by 

P. Crisalli (ACG).

Not in PR

50 Marino, 

Nicholas

7/26/21 1.5 495.00 $ 742.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 8/6/21 bi-weekly mediation call. 

Not in PR

51 Keys, Jamie 7/26/21 0.5 330.00 $ 165.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to various 

project worksheets and changes to information included in the weekly project 

worksheet status report.

Not in PR

6 Smith, James 7/26/21 0.5 750.00 $ 375.00 $ Review G. Gil (ACG) comments to the draft GridCo-GenCo Operating 

Agreement in support of GenCo transaction process.

Not in PR

3 Marino, 

Nicholas

7/26/21 1.6 495.00 $ 792.00 $ Review the operational initiatives and performance improvements chapter of 

prior years FOMB certified PREPA fiscal plans to inform development of 

presentation materials requested by G. Gil (ACG) for PREPA management.

Not in PR

2 Keys, Jamie 7/26/21 1.0 330.00 $ 330.00 $ Review the RFR report provided by S. Diaz (ARI) for use in cash flow 

reporting.

Not in PR

2 Crisalli, Paul 7/26/21 0.7 875.00 $ 612.50 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

2 Keys, Jamie 7/26/21 0.8 330.00 $ 264.00 $ Revise the weekly cash flow outputs for the week ended 7/23/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

50 Crisalli, Paul 7/26/21 3.6 875.00 $ 3,150.00 $ Develop summary analyses and related communications to D. Miller (Luma) 

and N. Morales (PREPA) regarding accounts receivable roll-forward reports for 

June 2021 for residential, commercial, industrial and government customers and 

provide comments to J. Keys (ACG).

Not in PR

3 Gil, Gerard 7/26/21 0.4 500.00 $ 200.00 $ Prepare agenda for the weekly working session with Ankura team regarding FY 

2022 fiscal plan implementation and reporting.

PR

3 Keys, Jamie 7/26/21 0.7 330.00 $ 231.00 $ Participate on call with N. Marino (ACG) and G. Gil (ACG) to discuss status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Gil, Gerard 7/26/21 1.1 500.00 $ 550.00 $ Review the FOMB Protocol Agreement and prepare notes for discussion with R. 

Zampierollo (PREPA) regarding FY 2022 fiscal plan reporting requirements and 

responsibilities.

PR

25 Keys, Jamie 7/27/21 1.0 330.00 $ 330.00 $ Prepare the summary table for the Ankura twelfth interim fee application. Not in PR

3 Gil, Gerard 7/27/21 0.8 500.00 $ 400.00 $ Participate on conference call led by F. Padilla (PREPA) to review and discuss 

workstreams related to FY 2022 fiscal plan implementation.

PR

3 Gil, Gerard 7/27/21 0.7 500.00 $ 350.00 $ Review the FY 2022 fiscal plan reporting requirements and past fiscal plans to 

inform discussion with team and client in preparation for July 2021 fiscal plan 

reporting submission.

PR

6 Crisalli, Paul 7/27/21 0.2 875.00 $ 175.00 $ Participate on call with G. Gil (ACG) regarding the draft Puerto Rico GridCoGenCo Operating Agreement.

Not in PR

3 Gil, Gerard 7/27/21 0.4 500.00 $ 200.00 $ Prepare notes on the FY 2022 budget regarding P3 Authority-related transaction 

costs as requested by F. Padilla (PREPA).

PR

Exhibit C

August 31, 2021 / #PR00049 27 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 120 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

51 Gil, Gerard 7/27/21 0.5 500.00 $ 250.00 $ Participate on the weekly conference call with various representatives of King & 

Spalding, PREPA and other PREPA advisors to discuss federal funding matters, 

challenges and next steps.

PR

3 Porter, Lucas 7/27/21 0.7 570.00 $ 399.00 $ Review the FY 2022 fiscal plan reporting requirements overview materials 

received from N. Marino (ACG) to inform discussions with R. Zampierollo 

(PREPA).

Not in PR

25 Crisalli, Paul 7/27/21 3.4 875.00 $ 2,975.00 $ Continue review of Exhibit C to the Ankura June 2021 monthly fee statement. Not in PR

2 Crisalli, Paul 7/27/21 0.2 875.00 $ 175.00 $ Prepare follow-up correspondence with Luma and PREPA teams regarding open 

items related to the weekly cash flow reports.

Not in PR

50 Marino, 

Nicholas

7/27/21 1.7 495.00 $ 841.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 8/6/21 bi-weekly mediation call. 

Not in PR

3 Porter, Lucas 7/27/21 0.6 570.00 $ 342.00 $ Participate on call with P. Crisalli (ACG) to discuss timeline for FY 2022 fiscal 

plan implementation.

Not in PR

3 Gil, Gerard 7/27/21 0.3 500.00 $ 150.00 $ Prepare agenda for conference call with F. Padilla (PREPA) related to FY 2022 

fiscal plan implementation.

PR

25 Parker, 

Christine

7/27/21 1.2 200.00 $ 240.00 $ Assemble time descriptions for the period 7/11/21 - 7/17/21 for inclusion in the 

Ankura July 2021 monthly fee statement.

Not in PR

25 Crisalli, Paul 7/27/21 3.1 875.00 $ 2,712.50 $ Finish review of Exhibit C to the Ankura June 2021 monthly fee statement and 

provide comments to Ankura billing team.

Not in PR

25 Keys, Jamie 7/27/21 0.5 330.00 $ 165.00 $ Review P. Crisalli (ACG) comments to the Ankura June 2021 monthly fee 

statement prior to circulating to C. Parker (ACG).

Not in PR

3 Gil, Gerard 7/27/21 0.5 500.00 $ 250.00 $ Review the PREPA and Central Government budgets and certified fiscal plans 

to respond to inquiry received from F. Padilla (PREPA) related to the FY 2022 

budget and P3 Authority-related transaction costs.

PR

25 Keys, Jamie 7/27/21 0.8 330.00 $ 264.00 $ Revise the cash and liquidity section of the twelfth interim fee application. Not in PR

3 Gil, Gerard 7/27/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) and N. Marino (ACG) to discuss next 

steps for the FY 2022 fiscal plan reporting initiative.

PR

3 Marino, 

Nicholas

7/27/21 0.7 495.00 $ 346.50 $ Develop variance analysis for the GenCo, GridCo and HoldCo expense budgets 

between the 6/25/21 submitted FY 2022 PREPA compliant budget and the 

5/31/21 FY 2022 FOMB certified budget.

Not in PR

6 Porter, Lucas 7/27/21 0.4 570.00 $ 228.00 $ Prepare comments for G. Gil (ACG) regarding FOMB Protocol Agreement 

impact on FY 2022 fiscal plan reporting requirements.

Not in PR

6 Gil, Gerard 7/27/21 0.3 500.00 $ 150.00 $ Review comments received from L. Porter (ACG) regarding FOMB Protocol 

Agreement impact on FY 2022 fiscal plan reporting requirements.

PR

3 Marino, 

Nicholas

7/27/21 0.7 495.00 $ 346.50 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss next steps 

for the FY 2022 fiscal plan reporting initiative.

Not in PR

3 Porter, Lucas 7/27/21 0.9 570.00 $ 513.00 $ Review the FOMB Protocol Agreement provided by G. Gil (ACG) to determine 

impact on FY 2022 fiscal plan reporting requirements.

Not in PR

3 Gil, Gerard 7/27/21 0.2 500.00 $ 100.00 $ Review responses received from L. Porter (ACG) related to the FY 2022 FOMB 

certified budget for PREPA for distribution to F. Padilla (PREPA).

PR

6 Gil, Gerard 7/27/21 0.2 500.00 $ 100.00 $ Participate on call with P. Crisalli (ACG) regarding the draft Puerto Rico 

GridCo-GenCo Operating Agreement.

PR

3 Gil, Gerard 7/27/21 0.3 500.00 $ 150.00 $ Participate on call with F. Padilla (PREPA) to discuss FY 2022 budget line 

items and P3 Authority-related transaction costs.

PR

3 Crisalli, Paul 7/27/21 0.6 875.00 $ 525.00 $ Participate on call with L. Porter (ACG) to discuss timeline for FY 2022 fiscal 

plan implementation.

Not in PR

50 Keys, Jamie 7/27/21 0.6 330.00 $ 198.00 $ Review the monthly accounts receivable reports prior to distribution. Not in PR

3 Marino, 

Nicholas

7/27/21 0.6 495.00 $ 297.00 $ Develop variance analysis between the 6/25/21 submitted FY 2022 PREPA 

compliant budget and the 5/31/21 FY 2022 FOMB certified budget.

Not in PR

3 Porter, Lucas 7/27/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) and N. Marino (ACG) to discuss next 

steps for the FY 2022 fiscal plan reporting initiative.

Not in PR

6 Smith, James 7/27/21 1.0 750.00 $ 750.00 $ Review the draft GridCo-GenCo Operating Agreement, interconnection 

agreement and operating procedures received from G. Gil (ACG) in support of 

the GenCo transaction process.

Not in PR

3 Marino, 

Nicholas

7/27/21 1.3 495.00 $ 643.50 $ Read and review Chapters 9 and 14 - Operational Measures and Luma 

Performance Measures of the PREPA certified FY 2021 fiscal plan regarding 

PREPA monthly reporting for FY 2022 fiscal plan implementation initiatives.

Not in PR

3 Porter, Lucas 7/27/21 0.5 570.00 $ 285.00 $ Prepare and send response to F. Padilla (PREPA) and G. Gil (ACG) regarding 

the FY 2022 FOMB certified budget for PREPA.

Not in PR

3 San Miguel, 

Jorge

7/28/21 2.1 620.00 $ 1,302.00 $ Attend the monthly public meeting of the PREPA Board of Directors to inform 

FY 2022 fiscal plan compliance and developments related to financial, 

operational and transformation matters.

PR

3 Gil, Gerard 7/28/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss presentation materials for the 

FY 2022 fiscal plan initiative related to fuel procurement.

PR

50 Crisalli, Paul 7/28/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

Exhibit C

August 31, 2021 / #PR00049 28 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 121 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 San Miguel, 

Jorge

7/28/21 0.6 620.00 $ 372.00 $ Develop outline for information sharing and reporting of financial and 

operational data between PREPA and Luma for discussion with N. Morales 

(PREPA) and members of the PREPA Board of Directors based on request 

received from the PREPA Board of Directors.

PR

3 Gil, Gerard 7/28/21 0.5 500.00 $ 250.00 $ Prepare comments to L. Porter (ACG) related to presentation materials for 

meeting with F. Padilla (PREPA) regarding the FY 2022 fiscal plan initiative on 

fuel procurement.

PR

3 Marino, 

Nicholas

7/28/21 0.5 495.00 $ 247.50 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss FY 2022 

fiscal plan reporting in preparation for meeting with R. Zampierollo (PREPA).

Not in PR

3 Porter, Lucas 7/28/21 0.4 570.00 $ 228.00 $ Review the updated daily generation reports received from G. Soto (Luma) to 

inform development of the generation operational report for the week ending 

7/25/21 required by the FY 2022 certified fiscal plan.

Not in PR

2 Keys, Jamie 7/28/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast sent to N. Morales (PREPA) by P. Crisalli 

(ACG).

Not in PR

25 Parker, 

Christine

7/28/21 1.2 200.00 $ 240.00 $ Updated current draft of Exhibit A, B and C of the Ankura June 2021 monthly 

fee statement.

Not in PR

6 Gil, Gerard 7/28/21 0.9 500.00 $ 450.00 $ Participate on call with K. Bolanos (DV) and L. Porter (ACG) to discuss the 

draft Puerto Rico GridCo-GenCo Operating Agreement for T&D and P3 

Authority generation transformation transaction implementation.

PR

3 Porter, Lucas 7/28/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) and N. Marino (ACG) to discuss FY 2022 

fiscal plan reporting in preparation for meeting with R. Zampierollo (PREPA).

Not in PR

6 Gil, Gerard 7/28/21 1.1 500.00 $ 550.00 $ Review the draft plant level form operating agreement sent by Luma for 

discussion with E. Paredes (PREPA) to be incorporated to the draft GridCoGenCo Operating Agreement.

PR

25 Crisalli, Paul 7/28/21 0.9 875.00 $ 787.50 $ Begin review of the Ankura eleventh interim fee application and provide initial 

comments to J. Keys (ACG).

Not in PR

3 Marino, 

Nicholas

7/28/21 0.6 495.00 $ 297.00 $ Review PREPA FY 2022 initiative and milestone reporting in advance of 

discussions with R. Zampierollo (PREPA).

Not in PR

3 Porter, Lucas 7/28/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss presentation materials for the 

FY 2022 fiscal plan initiative related to fuel procurement.

Not in PR

50 Keys, Jamie 7/28/21 0.9 330.00 $ 297.00 $ Prepare the weekly FEMA flash report for the week ended 7/23/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Gil, Gerard 7/28/21 0.4 500.00 $ 200.00 $ Review the FOMB letter related to the fuel procurement FY 2022 fiscal plan 

initiative sent by F. Padilla (PREPA) to prepare notes on potential response.

PR

6 Gil, Gerard 7/28/21 0.9 500.00 $ 450.00 $ Review the latest draft of the GridCo-GenCo Operating Agreement in advance 

of discussion with E. Paredes (PREPA).

PR

25 Gil, Gerard 7/28/21 0.2 500.00 $ 100.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG) and J. Keys (ACG) 

regarding the fiscal plan section of the Ankura eleventh interim fee application.

PR

2 Crisalli, Paul 7/28/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

25 Crisalli, Paul 7/28/21 0.4 875.00 $ 350.00 $ Participate on calls with J. Keys (ACG) regarding status and open items related 

to the Ankura June 2021 monthly fee statement and the eleventh interim fee 

application.

Not in PR

3 Porter, Lucas 7/28/21 0.5 570.00 $ 285.00 $ Prepare and coordinate distribution of the revised final FY 2022 fiscal plan 

financial model provided by Y. Hickey (FOMB).

Not in PR

50 Keys, Jamie 7/28/21 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to mediation group.

Not in PR

25 Crisalli, Paul 7/28/21 0.3 875.00 $ 262.50 $ Review current draft of the Ankura June 2021 monthly fee statement Exhibits 

A, B and C.

Not in PR

50 Keys, Jamie 7/28/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly creditor 

mediation reports.

Not in PR

2 Crisalli, Paul 7/28/21 0.3 875.00 $ 262.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

6 San Miguel, 

Jorge

7/28/21 0.8 620.00 $ 496.00 $ Review T&D O&M agreement provisions on financial and operational reporting 

obligations by system owner and operator to inform discussion with N. Morales 

(PREPA) and members of the PREPA Board of Directors.

PR

25 Porter, Lucas 7/28/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG), G. Gil (ACG) and J. Keys (ACG) 

regarding the fiscal plan section of the Ankura eleventh interim fee application.

Not in PR

3 Marino, 

Nicholas

7/28/21 1.4 495.00 $ 693.00 $ Review the post-certification reporting chapter of prior years FOMB certified 

PREPA fiscal plans to inform F. Padilla (PREPA) and PREPA management of 

changes to FY 2021 fiscal plan related to fiscal plan overview presentation 

materials.

Not in PR

3 Porter, Lucas 7/28/21 1.2 570.00 $ 684.00 $ Prepare generation operational report for the week ending 7/25/21 based on data 

from G. Soto (Luma) for A. Figueroa (FOMB), Y. Hickey (FOMB) and other 

FOMB representatives as required by the FY 2022 PREPA fiscal plan.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 29 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 122 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

7/28/21 0.4 495.00 $ 198.00 $ Update the PREPA FY 2022 initiative and milestone reporting in advance of 

discussions with R. Zampierollo (PREPA).

Not in PR

2 Crisalli, Paul 7/28/21 0.5 875.00 $ 437.50 $ Participate on call with J. Keys (ACG) regarding the weekly cash flow forecast 

and related support schedules.

Not in PR

6 Gil, Gerard 7/28/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss the draft Puerto Rico GridCoGenCo Operating Agreement for T&D and P3 Authority generation 

transformation transaction implementation.

PR

6 Gil, Gerard 7/28/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss comments received from K. 

Bolanos (DV) related to the Puerto Rico GridCo-GenCo Operating Agreement 

for T&D and P3 Authority generation transformation transaction 

implementation.

PR

2 Crisalli, Paul 7/28/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 7/23/21. Not in PR

50 Crisalli, Paul 7/28/21 0.2 875.00 $ 175.00 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

50 Keys, Jamie 7/28/21 0.2 330.00 $ 66.00 $ Correspond with N. Morales (PREPA) regarding changes to the weekly FEMA 

flash report.

Not in PR

51 Keys, Jamie 7/28/21 0.6 330.00 $ 198.00 $ Review the weekly project worksheet status report provided by S. Diaz (ARI). Not in PR

50 Keys, Jamie 7/28/21 0.6 330.00 $ 198.00 $ Prepare the weekly creditor mediation reporting package for distribution. Not in PR

3 Porter, Lucas 7/28/21 0.6 570.00 $ 342.00 $ Review the FY 2022 certified fiscal plan to inform response to K. Bolanos (DV) 

regarding PREPA regulatory matters.

Not in PR

3 Gil, Gerard 7/28/21 1.2 500.00 $ 600.00 $ Participate on call with L. Porter (ACG) and P. Crisalli (ACG) to discuss fuel 

supply RFP process and related working capital analysis to be discussed with F. 

Padilla (PREPA).

PR

3 Porter, Lucas 7/28/21 1.2 570.00 $ 684.00 $ Revise presentation materials based on comments received from P. Crisalli 

(ACG) and G. Gil (ACG) for meeting with F. Padilla (PREPA) regarding the FY 

2022 fiscal plan initiative on fuel procurement.

Not in PR

25 Keys, Jamie 7/28/21 1.0 330.00 $ 330.00 $ Review the summary table included in the Ankura eleventh interim fee 

application for changes suggested by P. Crisalli (ACG).

Not in PR

25 Keys, Jamie 7/28/21 0.2 330.00 $ 66.00 $ Participate on call with P. Crisalli (ACG), G. Gil (ACG) and L. Porter (ACG) 

regarding the fiscal plan section of the Ankura eleventh interim fee application.

Not in PR

25 Crisalli, Paul 7/28/21 0.2 875.00 $ 175.00 $ Participate on call with J. Keys (ACG), L. Porter (ACG) and G. Gil (ACG) 

regarding the fiscal plan section of the Ankura eleventh interim fee application.

Not in PR

3 Gil, Gerard 7/28/21 1.1 500.00 $ 550.00 $ Review comments received from F. Padilla (PREPA) to the draft GridCo-GenCo 

Operating Agreement and prepare additional commentary in preparation for 

meeting with E. Paredes (PREPA).

PR

25 Keys, Jamie 7/28/21 0.4 330.00 $ 132.00 $ Participate on calls with P. Crisalli (ACG) regarding status and open items 

related to the Ankura June 2021 monthly fee statement and the eleventh interim 

fee application.

Not in PR

25 Crisalli, Paul 7/28/21 1.3 875.00 $ 1,137.50 $ Review summary schedule and exhibits to the Ankura eleventh interim fee 

application and provide comments to J. Keys (ACG).

Not in PR

6 Porter, Lucas 7/28/21 0.4 570.00 $ 228.00 $ Review comments received from G. Gil (ACG) and J. Smith (ACG) regarding 

the Puerto Rico GridCo-GenCo Operating Agreement for T&D and P3 

Authority generation transformation transaction implementation.

Not in PR

6 Porter, Lucas 7/28/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss comments received from K. 

Bolanos (DV) related to the Puerto Rico GridCo-GenCo Operating Agreement 

for T&D and P3 Authority generation transformation transaction 

implementation.

Not in PR

3 Crisalli, Paul 7/28/21 1.2 875.00 $ 1,050.00 $ Participate on call with L. Porter (ACG) and G. Gil (ACG) to discuss fuel 

supply RFP process and related working capital analysis to be discussed with F. 

Padilla (PREPA).

Not in PR

3 Porter, Lucas 7/28/21 0.7 570.00 $ 399.00 $ Review the FY 2022 fiscal plan reporting requirements in the certified fiscal 

plan inform discussions with R. Zampierollo (PREPA).

Not in PR

50 Gil, Gerard 7/28/21 0.2 500.00 $ 100.00 $ Review revised responding information for questions raised by creditor 

representatives during the 7/23/21 bi-weekly mediation call. 

PR

3 Porter, Lucas 7/28/21 1.2 570.00 $ 684.00 $ Participate on call with P. Crisalli (ACG) and G. Gil (ACG) to discuss fuel 

supply RFP process and related working capital analysis to be discussed with F. 

Padilla (PREPA).

Not in PR

2 Crisalli, Paul 7/28/21 0.3 875.00 $ 262.50 $ Review materials and prepare related analysis and correspondence with AAFAF 

regarding the PREPA weekly cash flow forecast and the July 2021 cash flow 

budget.

Not in PR

6 Porter, Lucas 7/28/21 0.9 570.00 $ 513.00 $ Participate on call with K. Bolanos (DV) and G. Gil (ACG) to discuss the draft 

Puerto Rico GridCo-GenCo Operating Agreement for T&D and P3 Authority 

generation transformation transaction implementation.

Not in PR

50 Porter, Lucas 7/28/21 0.7 570.00 $ 399.00 $ Prepare revised responding information requested by J. San Miguel (ACG) for 

questions raised by creditor representatives during the 7/23/21 bi-weekly 

mediation call. 

Not in PR

Exhibit C

August 31, 2021 / #PR00049 30 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 123 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Porter, Lucas 7/28/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) to discuss the draft Puerto Rico GridCoGenCo Operating Agreement for T&D and P3 Authority generation 

transformation transaction implementation.

Not in PR

2 Keys, Jamie 7/28/21 0.5 330.00 $ 165.00 $ Participate on call with P. Crisalli (ACG) regarding the weekly cash flow 

forecast and related support schedules.

Not in PR

3 Gil, Gerard 7/28/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) and N. Marino (ACG) to discuss FY 

2022 fiscal plan reporting in preparation for meeting with R. Zampierollo 

(PREPA).

PR

6 Smith, James 7/28/21 1.2 750.00 $ 900.00 $ Prepare comments related to the draft GridCo-GenCo Operating Agreement for 

distribution to the Ankura team.

Not in PR

3 Marino, 

Nicholas

7/29/21 1.3 495.00 $ 643.50 $ Revise Post-Certification pages in PREPA FY 2021 fiscal plan projections 

overview presentation for the PREPA Board of Directors as requested by L. 

Porter (ACG).

Not in PR

3 Crisalli, Paul 7/29/21 0.3 875.00 $ 262.50 $ Participate on follow-up call with L. Porter (ACG) regarding the fuel supply 

RFP process and related working capital analysis.

Not in PR

25 Parker, 

Christine

7/29/21 1.3 200.00 $ 260.00 $ Update Exhibits A, B and C of the Ankura July 2021 monthly fee statement for 

information available through 7/28/21.

Not in PR

50 Smith, James 7/29/21 0.3 750.00 $ 225.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

3 Crisalli, Paul 7/29/21 0.6 875.00 $ 525.00 $ Prepare the post-certification fiscal plan reports for week ended 7/23/21. Not in PR

3 Porter, Lucas 7/29/21 0.2 570.00 $ 114.00 $ Correspond with P. Crisalli (ACG) regarding FY 2022 certified budget 

information.

Not in PR

3 Porter, Lucas 7/29/21 1.5 570.00 $ 855.00 $ Revise discussion materials related to FY 2022 fiscal plan implementation from 

N. Marino (ACG) for meetings with PREPA management and government 

stakeholders.

Not in PR

25 Crisalli, Paul 7/29/21 1.8 875.00 $ 1,575.00 $ Review current draft of the Ankura eleventh interim fee application and provide 

comments to Ankura billing team.

Not in PR

3 Marino, 

Nicholas

7/29/21 2.1 495.00 $ 1,039.50 $ Revise Operational Measures pages in PREPA FY 2021 fiscal plan projections 

overview presentation for PREPA Board of Directors as requested by L. Porter 

(ACG).

Not in PR

3 Porter, Lucas 7/29/21 0.5 570.00 $ 285.00 $ Revise presentation materials for circulation to F. Padilla (PREPA) and E. Ortiz 

(PREPA) related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

6 Porter, Lucas 7/29/21 0.9 570.00 $ 513.00 $ Participate on call with G. Gil (ACG) to discuss meetings with PREPA 

management and advisors regarding the Puerto Rico GridCo-GenCo Operating 

Agreement.

Not in PR

3 Marino, 

Nicholas

7/29/21 1.6 495.00 $ 792.00 $ Continue revising Operational Measures pages in PREPA FY 2021 fiscal plan 

projections overview presentation for the PREPA Board of Directors as 

requested by L. Porter (ACG).

Not in PR

50 Keys, Jamie 7/29/21 0.7 330.00 $ 231.00 $ Prepare submission of the weekly Excel files for creditor mediation and fiscal 

plan related reporting.

Not in PR

3 Marino, 

Nicholas

7/29/21 0.6 495.00 $ 297.00 $ Revise PREPA Generation Assets page in PREPA FY 2021 fiscal plan 

projections overview presentation for the PREPA Board of Directors as 

requested by L. Porter (ACG).

Not in PR

3 Gil, Gerard 7/29/21 0.4 500.00 $ 200.00 $ Participate in discussion with F. Padilla (PREPA) regarding next steps related to 

the FY 2022 budget expenses.

PR

3 Porter, Lucas 7/29/21 0.6 570.00 $ 342.00 $ Revise presentation materials for F. Padilla (PREPA) based on comments from 

P. Crisalli (ACG) for meeting regarding the FY 2022 fiscal plan fuel 

procurement initiative.

Not in PR

3 Porter, Lucas 7/29/21 1.3 570.00 $ 741.00 $ Participate in working session with G. Gil (ACG) to revise discussion materials 

related to FY 2022 fiscal plan implementation in advance of meetings with 

PREPA management and government stakeholders.

Not in PR

3 Crisalli, Paul 7/29/21 0.4 875.00 $ 350.00 $ Prepare for call with F. Padilla (PREPA) regarding the fuel supply RFP process 

and related working capital analysis.

Not in PR

6 Gil, Gerard 7/29/21 0.9 500.00 $ 450.00 $ Participate on call with L. Porter (ACG) to discuss meetings with PREPA 

management and advisors regarding the Puerto Rico GridCo-GenCo Operating 

Agreement.

PR

3 Gil, Gerard 7/29/21 1.3 500.00 $ 650.00 $ Participate in working session with L. Porter (ACG) to revise discussion 

materials related to FY 2022 fiscal plan implementation in advance of meetings 

with PREPA management and government stakeholders.

PR

25 Parker, 

Christine

7/29/21 1.3 200.00 $ 260.00 $ Assemble time descriptions for the period 7/18/21 - 7/24/21 for inclusion in the 

Ankura July 2021 monthly fee statement.

Not in PR

3 Marino, 

Nicholas

7/29/21 0.8 495.00 $ 396.00 $ Continue revising Post-Certification pages in PREPA FY 2021 fiscal plan 

projections overview presentation for the PREPA Board of Directors as 

requested by L. Porter (ACG).

Not in PR

50 Marino, 

Nicholas

7/29/21 0.9 495.00 $ 445.50 $ Continue to aggregate PREPA-related news to inform discussion materials for 

the 8/6/21 bi-weekly mediation call. 

Not in PR

Exhibit C

August 31, 2021 / #PR00049 31 of 33

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 124 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 7/29/21 1.0 500.00 $ 500.00 $ Participate on call with L. Porter (ACG), P. Crisalli (ACG), A. Zabala (S&L), K. 

Hernandez (S&L) and F. Padilla (PREPA) regarding the fuel supply RFP 

process and related working capital analysis.

PR

3 Gil, Gerard 7/29/21 0.4 500.00 $ 200.00 $ Participate in discussion with R. Zampierollo (PREPA) regarding FY 2022 

fiscal plan reporting requirements and related findings from the FOMB Protocol 

Agreement.

PR

25 Crisalli, Paul 7/29/21 2.0 875.00 $ 1,750.00 $ Review the monthly fee statements in conjunction with the review of the current 

draft of the Ankura eleventh interim fee application.

Not in PR

3 Porter, Lucas 7/29/21 0.3 570.00 $ 171.00 $ Participate on follow-up call with P. Crisalli (ACG) regarding the fuel supply 

RFP process and related working capital analysis.

Not in PR

3 Porter, Lucas 7/29/21 1.0 570.00 $ 570.00 $ Participate on call with P. Crisalli (ACG), G. Gil (ACG), A. Zabala (S&L), K. 

Hernandez (S&L) and F. Padilla (PREPA) regarding the fuel supply RFP 

process and related working capital analysis.

Not in PR

3 Porter, Lucas 7/29/21 0.3 570.00 $ 171.00 $ Prepare follow-up requests for revision for N. Marino (ACG) related to the FY 

2022 fiscal plan overview presentation materials.

Not in PR

6 Gil, Gerard 7/29/21 0.6 500.00 $ 300.00 $ Participate in meeting with E. Paredes (PREPA), F. Padilla (PREPA), L. Santa 

(PREPA), A. Rodriguez (PREPA) and K. Bolanos (DV) to review and discuss 

comments on updated draft of the GridCo-GenCo Operating Agreement and the 

Operating Agreement Standards annex.

PR

3 Gil, Gerard 7/29/21 0.3 500.00 $ 150.00 $ Participate in discussion with F. Padilla (PREPA) regarding FOMB letter related 

to the FY 2022 fiscal plan fuel procurement initiative.

PR

3 Crisalli, Paul 7/29/21 1.0 875.00 $ 875.00 $ Participate on call with L. Porter (ACG), G. Gil (ACG), A. Zabala (S&L), K. 

Hernandez (S&L) and F. Padilla (PREPA) regarding the fuel supply RFP 

process and related working capital analysis.

Not in PR

50 Smith, James 7/29/21 1.8 750.00 $ 1,350.00 $ Review the regulatory filings related to Luma and PREPA regulatory review 

dockets received from K. Bolanos (DV) in support of the creditor reporting 

workstream.

Not in PR

3 Porter, Lucas 7/30/21 0.2 570.00 $ 114.00 $ Prepare comments and request for N. Morales (PREPA) and R. Zampierollo 

(PREPA) regarding FY 2021 fiscal plan reporting requirements.

Not in PR

6 Porter, Lucas 7/30/21 0.7 570.00 $ 399.00 $ Review the updated Puerto Rico GridCo-GenCo Operating Agreement draft 

from V. Del Rio (CGSH) for T&D and P3 Authority generation transformation 

transaction implementation.

Not in PR

25 Crisalli, Paul 7/30/21 0.4 875.00 $ 350.00 $ Review current draft of the Ankura eleventh interim fee application and provide 

comments to J. San Miguel (ACG).

Not in PR

3 Porter, Lucas 7/30/21 0.2 570.00 $ 114.00 $ Correspond with A. Cabrera (FW) regarding FY 2021 fiscal plan reporting 

requirements.

Not in PR

50 Marino, 

Nicholas

7/30/21 1.3 495.00 $ 643.50 $ Continue to aggregate PREPA-related news to inform discussion materials for 

the 8/6/21 bi-weekly mediation call. 

Not in PR

6 Gil, Gerard 7/30/21 0.2 500.00 $ 100.00 $ Participate on call with K. Bolanos (DV) to discuss issues list circulated by 

representatives of P3 Authority related to the draft GridCo-GenCo Operating 

Agreement.

PR

25 Parker, 

Christine

7/30/21 1.0 200.00 $ 200.00 $ Assemble final version of the Ankura June 2021 monthly fee statement for 

approval and sign-off by P. Crisalli (ACG).

Not in PR

6 Gil, Gerard 7/30/21 1.4 500.00 $ 700.00 $ Participate in working session with L. Porter (ACG) to discuss the Puerto Rico 

GridCo-GenCo Operating Agreement draft revision and the topical issues list 

received from V. Del Rio (CGSH).

PR

6 Porter, Lucas 7/30/21 0.6 570.00 $ 342.00 $ Review schedule of topical issues from V. Del Rio (CGSH) with comments 

from G. Gil (ACG) related to the Puerto Rico GridCo-GenCo Operating 

Agreement draft revision for T&D and P3 Authority generation transformation 

transaction implementation.

Not in PR

3 Marino, 

Nicholas

7/30/21 1.7 495.00 $ 841.50 $ Continue revising Luma Improvement Portfolio pages in PREPA FY 2021 fiscal 

plan projections overview presentation for the PREPA Board of Directors as 

requested by L. Porter (ACG).

Not in PR

2 Crisalli, Paul 7/30/21 0.9 875.00 $ 787.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

7/30/21.

Not in PR

6 Gil, Gerard 7/30/21 0.2 500.00 $ 100.00 $ Participate on call with F. Padilla (PREPA) regarding responses to P3 Authority 

comments related to the draft GridCo-GenCo Operating Agreement and 

appendices.

PR

6 Porter, Lucas 7/30/21 1.4 570.00 $ 798.00 $ Participate in working session with G. Gil (ACG) to discuss the Puerto Rico 

GridCo-GenCo Operating Agreement draft revision and the topical issues list 

received from V. Del Rio (CGSH).

Not in PR

50 Smith, James 7/30/21 0.4 750.00 $ 300.00 $ Review notes and correspondence related to the 7/23/21 bi-weekly mediation 

call to identify topics requiring follow-up or additional information in 

preparation for the 8/6/21 bi-weekly mediation call.

Not in PR

6 Porter, Lucas 7/30/21 0.4 570.00 $ 228.00 $ Prepare follow-up request for information for L. Bledin (S&L) regarding the 

remaining useful life study required for the draft GridCo-GenCo Operating 

Agreement.

Not in PR

50 Smith, James 7/30/21 0.6 750.00 $ 450.00 $ Prepare initial outline and draft discussion notes for the 8/6/21 bi-weekly 

mediation call.

Not in PR

Exhibit C

August 31, 2021 / #PR00049 32 of 33

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Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Porter, Lucas 7/30/21 0.8 570.00 $ 456.00 $ Review updated draft of the GridCo-GenCo Operating Agreement received from 

J. Todd (CGSH) to inform discussions with PREPA members of the P3 

Authority Partnership Committee.

Not in PR

6 Porter, Lucas 7/30/21 0.7 570.00 $ 399.00 $ Review the PREPA regulatory filing referenced by M. Rapaport (NP) to inform 

responses regarding the remaining useful life study required for the draft GridCoGenCo Operating Agreement.

Not in PR

2 Crisalli, Paul 7/30/21 2.1 875.00 $ 1,837.50 $ Updates trend analyses in the cash flow model to inform the cash flow forecasts 

and related reporting.

Not in PR

6 Porter, Lucas 7/30/21 0.9 570.00 $ 513.00 $ Revise comments from G. Gil (ACG) on topical issues list related to the Puerto 

Rico GridCo-GenCo Operating Agreement draft revision for T&D and P3 

Authority generation transformation transaction implementation.

Not in PR

25 Parker, 

Christine

7/30/21 1.5 200.00 $ 300.00 $ Review final version of the Ankura June 2021 monthly fee statement prior to 

submitting to client, fee examiner and Prime Clerk.

Not in PR

6 Porter, Lucas 7/30/21 0.3 570.00 $ 171.00 $ Prepare responding information for M. Rapaport (NP) regarding the remaining 

useful life study required for the draft GridCo-GenCo Operating Agreement.

Not in PR

3 Gil, Gerard 7/30/21 0.7 500.00 $ 350.00 $ Review discussion materials received from N. Marino (ACG) related to FY 

2022 fiscal plan implementation.

PR

25 Crisalli, Paul 7/30/21 0.5 875.00 $ 437.50 $ Perform final review of the Ankura June 2021 monthly fee statement. Not in PR

6 Gil, Gerard 7/30/21 1.2 500.00 $ 600.00 $ Review issues list received from P3 Authority related to the draft GridCoGenCo Operating Agreement and related appendices, and prepare draft 

responses for PREPA to review.

PR

6 San Miguel, 

Jorge

7/30/21 1.8 620.00 $ 1,116.00 $ Review the draft GridCo-GenCo Operating Agreement provided by Cleary 

Gottlieb for comments and to inform discussion points with representatives of 

PREPA, P3 Authority and Luma related to terms and conditions.

PR

3 Marino, 

Nicholas

7/30/21 2.2 495.00 $ 1,089.00 $ Begin revising Luma Improvement Portfolio pages in PREPA FY 2021 fiscal 

plan projections overview presentation for the PREPA Board of Directors as 

requested by L. Porter (ACG).

Not in PR

6 Gil, Gerard 7/31/21 0.1 500.00 $ 50.00 $ Prepare correspondence to representatives of Cleary Gottlieb regarding 

responses to P3 Authority comments related to the draft GridCo-GenCo 

Operating Agreement and appendices.

PR

TOTAL 709.5 412,587.50 $ 

Exhibit C

August 31, 2021 / #PR00049 33 of 33

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EXHIBIT D 

EXPENSE SUMMARY BY EXPENSE CATEGORY AND 

COMPLETE ACCOUNTING OF EXPENSES 

INCLUDING ITEMIZED RECORDS BY PROFESSIONAL 

IN CHRONOLOGICAL ORDER

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Exhibit D – Expense Summary By Expense Category and Complete Accounting Of Expenses Including Itemized Records

By Professional In Chronological Order

 Expense Category 

Billed 

Amount

Airfare / Railway $ -

Lodging $ -

Meals $ -

Transportation $ -

TOTAL - $ 

Exhibit D

August 31, 2021 / #PR00049 1 of 1

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EXHIBIT G 

MONTHLY FEE STATEMENT OF ANKURA FOR COMPENSATION FOR SERVICES 

AND REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISOR TO THE 

DEBTOR, FOR THE PERIOD AUGUST 1, 2021 THROUGH AUGUST 31, 2021 

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UNITED STATES DISTRICT COURT 

DISTRICT OF PUERTO RICO 

In re: ) PROMESA 

 ) Title III 

THE FINANCIAL OVERSIGHT AND ) 

MANAGEMENT BOARD FOR PUERTO RICO ) 

 ) 

as representative of ) Case No. 17-04780 (LTS) 

 ) 

PUERTO RICO ELECTRIC POWER ) 

AUTHORITY (“PREPA”) ) 

 ) 

Debtor. 1 ) 

 ) 

COVER SHEET TO FIFTIETH MONTHLY FEE STATEMENT OF ANKURA 

CONSULTING GROUP, LLC FOR COMPENSATION FOR SERVICES 

RENDERED AND REIMBURSEMENT OF EXPENSES AS FINANCIAL 

ADVISORS TO PUERTO RICO ELECTRIC POWER AUTHORITY (“PREPA”) 

FOR THE PERIOD AUGUST 1, 2021 THROUGH AUGUST 31, 2021 

Name of Applicant: Ankura Consulting Group, LLC (“Ankura”) 

Authorized to Provide 

Professional Services to: Debtor 

Period for which compensation 

and reimbursement is sought: August 1, 2021 through August 31, 2021 

Amount of compensation sought

as actual, reasonable and necessary: $491,001.40 

Amount of expense reimbursement 

sought as actual, reasonable and 

necessary: 2

 $0.00 

Invoice Date / Number September 30, 2021 / #PR00050 

This is a: X monthly interim final application. 

This is Ankura’s fiftieth monthly fee statement in this case. 

1 The last four (4) digits of PREPA’s federal tax identification number is 3747. 2 Some expenses may not have been included in this monthly fee statement due to delays caused by accounting or 

processing. Ankura reserves the right to seek payment of such expenses in subsequent fee statements.

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2 

1. This is the fiftieth monthly fee statement (the “Fee Statement”) of Ankura 

Consulting Group, LLC (“Ankura”) served pursuant to the First Amended Order 

Setting Procedures for Interim Compensation and Reimbursement of Expenses of 

Professionals [Docket No. 1715] (the “Interim Compensation Order”). Ankura 

seeks: (a) payment of compensation in the amount of $441,901.26 (90% of 

$491,001.40 of fees on account of reasonable and necessary professional services 

rendered to the Debtor by Ankura) and (b) reimbursement of actual and necessary 

costs and expenses in the amount of $0.00 incurred by Ankura during the period of 

August 1, 2021 through August 31, 2021 (the “Fee Period”). In accordance with 

the PSA (“Professional Services Agreement”), travel time was excluded from the 

billable fees included herein. 

2. Pursuant to this Fee Statement, Ankura has attached the following exhibits: 

a. Exhibit A – Summary schedule showing professional fees by task code; 

b. Exhibit B – Summary schedule showing the professionals who performed 

services, the number of hours spent, the respective professional’s billing rate, and 

the total fees for such services; 

c. Exhibit C – Complete accounting of professional fees including itemized 

time records in chronological order for which an award of compensation is sought. 

The itemized records include: i) the date each service was rendered; ii) the 

professional(s) who performed the service; iii) a description of the services 

rendered; and iv) the time spent performing the service in increments of tenths of 

an hour; and 

d. Exhibit D – Summary by expense category and complete accounting of 

actual and necessary expenses incurred by professionals in chronological order for 

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

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3 

which reimbursement is sought. The itemized records include: i) the date each 

expense was incurred; ii) the professional(s) who incurred the expense; iii) a 

description of the expense incurred; and iv) the amount of each expense for which 

reimbursement is sought. 

NOTICE 

Pursuant to the Interim Compensation Order, Ankura has provided notice of this Fee 

Statement to: 

a. attorneys for the Oversight Board, Proskauer Rose, LLP, Eleven Times 

Square, New York, NY 10036, Attn: Martin J. Bienenstock, Esq. and Ehud 

Barak, Esq., and Proskauer Rose, LLP, 70 West Madison Street, Chicago, 

IL 60602, Attn: Paul V. Possinger, Esq.; 

b. attorneys for the Oversight Board, O’Neill & Borges, LLC, 250 Muñoz 

Rivera Ave., Suite 800, San Juan, PR 00918, Attn: Hermann D. Bauer, 

Esq.; 

c. attorneys for the Puerto Rico Fiscal Agency and Financial Advisory 

Authority, O’Melveny & Myers, LLP, Times Square Tower, 7 Times 

Square, New York, NY 10036, Attn: John J. Rapisardi, Esq., Suzzanne 

Uhland, Esq., and Diana M. Perez, Esq.; 

d. the Office of the United States Trustee for the District of Puerto Rico, 

Edificio Ochoa, 500 Tanca Street, Suite 301, San Juan, PR 00901 (re: In re: 

Commonwealth of Puerto Rico); 

e. attorneys for the Official Committee of Unsecured Creditors, Paul Hastings, 

LLP, 200 Park Ave., New York, NY 10166, Attn: Luc. A Despins, Esq.; 

f. attorneys for the Official Committee of Unsecured Creditors, Casillas, 

Santiago & Torres, LLC, El Caribe Office Building, 53 Palmeras Street, 

Ste. 1601, San Juan, PR 00901, Attn: Juan J. Casillas Ayala, Esq. and 

Alberto J.E. Aenses Negron, Esq.; 

g. attorneys for the Official Committee of Retired Employees, Jenner & 

Block, LLP, 919 Third Ave., New York, NY 10022, Attn: Robert Gordon, 

Esq. and Richard Levin, Esq., and Jenner & Block, LLP, 353 N. Clark 

Street, Chicago, IL 60654, Attn: Catherine Steege, Esq. and Melissa Root, 

Esq.; 

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4 

h. attorneys for the Official Committee of Retired Employees, Bennazar, 

García & Milián, C.S.P., Edificio Union Plaza, PH-A, 416 Ave. Ponce de 

León, Hato Rey, PR 00918, Attn: A.J. Bennazar-Zequeira, Esq.; and, 

i. the fee examiner, as retained with Court approval, Godfey & Kahn, S.C., 

One East Main Street, Suite 500, Madison, WI 53703-3300, Attn: Brady C. 

Williamson. 

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Document Page 133 of 245
EXHIBIT A 

SUMMARY OF PROFESSIONAL FEES BY TASK CODE 

 

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Exhibit A - Summary of Professional Fees by Task Code

 Code Time Category Total 

Hours Total Fees 

Fiscal Plan and Operational Related Matters

6 Asset Sales 52,380.50 89.9 $ 

3 Fiscal Plan and Implementation 317.2 183,443.50 $ 

60 Swap Portfolio Analysis 87.2 35,066.90 $ 

Liquidity Related Matters

2 Cash and Liquidity Analysis 90.9 66,154.50 $ 

51 Cash and Liquidity Analysis - Public Assistance Program (Hurricanes) 24.3 11,104.50 $ 

Title III Matters

25 Preparation of Fee Statements and Applications 65.3 24,107.00 $ 

Other Matters

50 General Meetings with FOMB, UCC and/or Advisors 195.3 116,326.50 $ 

40 Statistical Validation FS Audits 3.9 2,418.00 $ 

Total 491,001.40 874.0 $ 

Exhibit A

September 30, 2021 / #PR00050 1 of 1

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EXHIBIT B 

SUMMARY OF HOURS AND FEES BY PROFESSIONAL 

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Exhibit B - Summary of Hours and Fees by Professional

 Professional Position Billing 

Rate 

 Total 

Hours Total Fees 

Turnaround & Restructuring

Crisalli, Paul Senior Managing Director 875.00 $ 132.5 $ 115,937.50

San Miguel, Jorge Senior Managing Director 620.00 $ 118.2 $ 73,284.00

Gil, Gerard Managing Director 500.00 $ 107.8 $ 53,900.00

Porter, Lucas Senior Director (1) 570.00 $ 142.3 $ 81,111.00

Keys, Jamie Senior Associate (1) 330.00 $ 108.5 $ 35,805.00

Marino, Nicholas Senior Associate 495.00 $ 92.0 $ 45,540.00

Parker, Christine Analyst 200.00 $ 25.6 $ 5,120.00

SUBTOTAL 726.9 $ 410,697.50

Other Practice Groups

Smith, James Senior Managing Director 750.00 $ 62.3 $ 46,725.00

SUBTOTAL 62.3 $ 46,725.00

SWAP Portfolio Analyses

U.S. Professionals

Ciancanelli, John Senior Managing Director 665.00 $ 9.7 $ 6,450.50

Costa, Lindsey SWAP Portfolio Analysis Director 460.00 $ 32.3 $ 14,858.00

Dirlam, Josh SWAP Portfolio Analysis Associate 293.00 $ 40.3 $ 11,807.90

India Professionals

Singh, Abhijit SWAP Portfolio Analysis Director 185.00 $ 2.5 $ 462.50

SUBTOTAL 84.8 $ 33,578.90

TOTAL 874.0 $ 491,001.40

Note:

(1) Title reflects promotion of professional, however, hourly rate reflects rate pursuant to the original PSA.

Exhibit B

September 30, 2021 / #PR00050 1 of 1

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EXHIBIT C 

COMPLETE ACCOUNTING OF PROFESSIONAL FEES 

INCLUDING ITEMIZED TIME RECORDS IN CHRONOLOGICAL ORDER 

 

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Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Gil, Gerard 8/2/21 0.3 500.00 $ 150.00 $ Review correspondence from L. Bledin (S&L) related to due diligence reports 

and studies required for implementation of the P3 Authority generation 

transformation transaction.

PR

3 Porter, Lucas 8/2/21 1.2 570.00 $ 684.00 $ Analyze the historical generation operational data provided by G. Soto (Luma) 

to inform updates to reports required by the FY 2022 fiscal plan.

Not in PR

3 Gil, Gerard 8/2/21 1.0 500.00 $ 500.00 $ Participate on telephone call with J. San Miguel (ACG) and J. Smith (ACG) 

regarding status updates for FY 2022 fiscal plan implementation and reporting.

PR

2 Crisalli, Paul 8/2/21 0.6 875.00 $ 525.00 $ Review the June 2021 AEE-Meta file to inform cash flow and liquidity 

reporting.

Not in PR

2 San Miguel, 

Jorge

8/2/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) regarding status updates related to 

cash flow and liquidity.

PR

2 San Miguel, 

Jorge

8/2/21 0.4 620.00 $ 248.00 $ Review draft weekly cash flow update provided by P. Crisalli (ACG) and review 

major variances and deliverables from Luma to finalize status update report.

PR

6 Gil, Gerard 8/2/21 0.7 500.00 $ 350.00 $ Participate on call with J. Sanchez (PREPA), F. Correa (PREPA), J. Vazquez 

(PREPA), L. Bledin (S&L) and L. Porter (ACG) to discuss status of due 

diligence reports and studies required for execution of the P3 Authority 

generation transformation transaction O&M agreement.

PR

3 San Miguel, 

Jorge

8/2/21 0.3 620.00 $ 186.00 $ Review and respond to update received from E. Ortiz (PREPA) regarding 

financial reporting obligations and updates from PREPA and Luma 

representatives in support of fiscal plan reporting.

PR

50 Smith, James 8/2/21 0.4 750.00 $ 300.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

2 Keys, Jamie 8/2/21 1.6 330.00 $ 528.00 $ Prepare the weekly cash flow outputs for the week ended 7/30/21 for review by 

P. Crisalli (ACG).

Not in PR

25 Parker, 

Christine

8/2/21 1.3 200.00 $ 260.00 $ Update Exhibits A, B and C of the Ankura July 2021 monthly fee statement for 

information currently available.

Not in PR

2 Crisalli, Paul 8/2/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) regarding status updates related to 

cash flow and liquidity.

Not in PR

3 San Miguel, 

Jorge

8/2/21 1.0 620.00 $ 620.00 $ Participate on telephone call with G. Gil (ACG) and J. Smith (ACG) regarding 

status updates for FY 2022 fiscal plan implementation and reporting.

PR

2 Crisalli, Paul 8/2/21 1.6 875.00 $ 1,400.00 $ Update the DFMO-related cash flow outputs and presentation materials 

included in the cash flow model.

Not in PR

50 San Miguel, 

Jorge

8/2/21 0.4 620.00 $ 248.00 $ Review transportation stoppage developments from Fortaleza and Governor 

request to President Biden regarding intervention to address impasse and 

minimize impacts to inform creditor RFIs related to fuel and equipment supply 

chain.

PR

2 Crisalli, Paul 8/2/21 1.2 875.00 $ 1,050.00 $ Update the monthly cash flow schedules and outputs based on the current cash 

flow forecast.

Not in PR

3 San Miguel, 

Jorge

8/2/21 0.7 620.00 $ 434.00 $ Review FOMB Annual 2021 report on fiscal plan implementation and 

compliance relative to PREPA progress on fiscal plan and transformation 

compliance.

PR

3 Porter, Lucas 8/2/21 0.9 570.00 $ 513.00 $ Revise the daily-hourly historical generation operational data provided by G. 

Soto (Luma) to create an analyzable dataset for reports required by the FY 2022 

fiscal plan.

Not in PR

3 Smith, James 8/2/21 1.0 750.00 $ 750.00 $ Participate on telephone call with J. San Miguel (ACG) and G. Gil (ACG) 

regarding status updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Gil, Gerard 8/2/21 1.1 500.00 $ 550.00 $ Review and analyze FOMB correspondence and related materials on the fuel 

procurement FY 2022 fiscal plan initiative to address requests received from F. 

Padilla (PREPA).

PR

2 Crisalli, Paul 8/2/21 0.5 875.00 $ 437.50 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

2 Crisalli, Paul 8/2/21 0.9 875.00 $ 787.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

6 Porter, Lucas 8/2/21 0.4 570.00 $ 228.00 $ Review RFI received from L. Bledin (S&L) related to due diligence reports and 

studies required for implementation of the P3 Authority generation 

transformation transaction.

Not in PR

6 Porter, Lucas 8/2/21 0.7 570.00 $ 399.00 $ Participate on call with J. Sanchez (PREPA), F. Correa (PREPA), J. Vazquez 

(PREPA), L. Bledin (S&L) and G. Gil (ACG) to discuss status of due diligence 

reports and studies required for execution of the P3 Authority generation 

transformation transaction O&M agreement.

Not in PR

6 Gil, Gerard 8/2/21 0.9 500.00 $ 450.00 $ Review and update draft of GridCo-GenCo issues list for discussion with 

PREPA management.

PR

6 San Miguel, 

Jorge

8/2/21 1.2 620.00 $ 744.00 $ Review and provide comments to the draft GridCo and GenCo Operating 

Agreement and related issues list provided by P3 Authority.

PR

Exhibit C

September 30, 2021 / #PR00050 1 of 42

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Document Page 139 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Keys, Jamie 8/2/21 0.4 330.00 $ 132.00 $ Revise the weekly cash flow outputs for the week ended 7/30/21 for comments 

provided by P. Crisalli (ACG).

Not in PR

6 Gil, Gerard 8/3/21 0.8 500.00 $ 400.00 $ Perform final review of updated GridCo-GenCo issues list prior to distribution 

to P3 Authority and Luma.

PR

3 Porter, Lucas 8/3/21 1.1 570.00 $ 627.00 $ Participate on call with G. Gil (ACG) to discuss comments received from F. 

Padilla (PREPA) regarding FOMB claims and directives related to the PREPA 

FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Gil, Gerard 8/3/21 0.7 500.00 $ 350.00 $ Review draft FY 2018 financial statements as requested and provided by N. 

Morales (PREPA).

PR

3 Porter, Lucas 8/3/21 1.8 570.00 $ 1,026.00 $ Prepare responding information and narrative for F. Padilla (PREPA) and M. 

Vazquez (DV) regarding fuel supply contracts for the PREPA FY 2022 fiscal 

plan fuel procurement initiative.

Not in PR

6 San Miguel, 

Jorge

8/3/21 0.3 620.00 $ 186.00 $ Review and provide comments to the generation asset transaction update 

received from L. Bledin (S&L) related to the transaction progress and schedule.

PR

25 Parker, 

Christine

8/3/21 0.9 200.00 $ 180.00 $ Assemble time descriptions for the period 7/4/21 - 7/10/21 for inclusion in the 

Ankura July 2021 monthly fee statement.

Not in PR

50 Gil, Gerard 8/3/21 0.3 500.00 $ 150.00 $ Prepare notes on the weekly federal call for J. San Miguel (ACG) in preparation 

for the 8/6/21 bi-weekly mediation call.

PR

25 Keys, Jamie 8/3/21 0.8 330.00 $ 264.00 $ Participate on call with C. Parker (ACG) regarding the status of the Ankura July 

2021 monthly fee statement.

Not in PR

3 Marino, 

Nicholas

8/3/21 1.4 495.00 $ 693.00 $ Finalize Operational Measures sections in the PREPA FY 2021 fiscal plan 

projections overview presentation for the PREPA Board of Directors as 

requested by L. Porter (ACG).

Not in PR

3 Marino, 

Nicholas

8/3/21 0.8 495.00 $ 396.00 $ Revise FY 2022 Operational Initiatives section in the PREPA FY 2021 fiscal 

plan projections overview presentation for the PREPA Board of Directors.

Not in PR

3 Porter, Lucas 8/3/21 0.9 570.00 $ 513.00 $ Revise information for F. Padilla (PREPA) and M. Vazquez (DV) related to fuel 

supply contracts for the PREPA FY 2022 fiscal plan fuel procurement initiative 

based on comments received from G. Gil (ACG) and P. Crisalli (ACG).

Not in PR

6 Gil, Gerard 8/3/21 0.2 500.00 $ 100.00 $ Participate on call with F. Padilla (PREPA) to discuss commentary to the 

GridCo-GenCo Operating Agreement.

PR

3 Porter, Lucas 8/3/21 0.3 570.00 $ 171.00 $ Review draft template response from M. Vazquez (DV) related to comments 

and requests from F. Padilla (PREPA) regarding the PREPA FY 2022 fiscal 

plan fuel procurement initiative.

Not in PR

2 Crisalli, Paul 8/3/21 2.8 875.00 $ 2,450.00 $ Update the revenue, accounts receivable and collection trends for actuals 

through June 2021 to inform the cash flow forecast.

Not in PR

3 San Miguel, 

Jorge

8/3/21 1.2 620.00 $ 744.00 $ Review FOMB letter related to fuel procurement, related comments from client, 

the RFP schedule and RFI results provided by F. Padilla (PREPA) to inform 

response requested by FOMB.

PR

50 Smith, James 8/3/21 0.1 750.00 $ 75.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

3 Gil, Gerard 8/3/21 0.4 500.00 $ 200.00 $ Review initial draft comments received from Sargent & Lundy regarding the 

PREPA FY 2022 fiscal plan fuel procurement initiative.

PR

2 Crisalli, Paul 8/3/21 2.4 875.00 $ 2,100.00 $ Develop the cash flow budget-to-actual work plan, tracker and requests for 

information for E. Ortiz (PREPA).

Not in PR

50 San Miguel, 

Jorge

8/3/21 0.5 620.00 $ 310.00 $ Review update to RFI response to inform the 8/6/21 bi-weekly mediation call. PR

50 Keys, Jamie 8/3/21 0.2 330.00 $ 66.00 $ Correspond with N. Ortiz (I&I) regarding updates to emergency vendor invoice 

information in preparation for the 8/6/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

8/3/21 0.7 620.00 $ 434.00 $ Review FY 2018 financial statement information provided by M. DiConza 

(OMM) to inform discussion with counsel and client before final issuance.

PR

2 Crisalli, Paul 8/3/21 2.7 875.00 $ 2,362.50 $ Update the FY 2021 and FY 2022 cumulative budget versus actuals cash flow 

analyses to inform future cash flow forecasts.

Not in PR

3 Marino, 

Nicholas

8/3/21 1.2 495.00 $ 594.00 $ Continue revising Post-Certification section in the PREPA FY 2021 fiscal plan 

projections overview presentation for the PREPA Board of Directors.

Not in PR

6 Gil, Gerard 8/3/21 0.3 500.00 $ 150.00 $ Review and address commentary received from K. Bolanos (DV) to the draft 

GridCo-GenCo Operating Agreement.

PR

3 Gil, Gerard 8/3/21 0.2 500.00 $ 100.00 $ Review request received from L. Porter (ACG) regarding fuel supply contracts 

for the PREPA FY 2022 fiscal plan fuel procurement initiative.

PR

25 Parker, 

Christine

8/3/21 0.8 200.00 $ 160.00 $ Participate on call with J. Keys (ACG) regarding the status of the Ankura July 

2021 monthly fee statement.

Not in PR

3 Porter, Lucas 8/3/21 0.5 570.00 $ 285.00 $ Review initial draft comments received from K. Hernandez (S&L) regarding the 

PREPA FY 2022 fiscal plan fuel procurement initiative.

Not in PR

25 Parker, 

Christine

8/3/21 0.4 200.00 $ 80.00 $ Assemble time descriptions for the period 7/1/21 - 7/3/21 for inclusion in the 

Ankura July 2021 monthly fee statement.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 2 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 140 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 San Miguel, 

Jorge

8/3/21 0.1 620.00 $ 62.00 $ Review topical list table of issues to discuss between Luma, PREPA and P3 

Authority related to the GridCo-GenCo Operating Agreement.

PR

50 Smith, James 8/3/21 1.3 750.00 $ 975.00 $ Review and compile the July 2021 generation operations and outage reports 

received from G. Soto (Luma) in support of the creditor reporting workstream.

Not in PR

3 San Miguel, 

Jorge

8/3/21 0.3 620.00 $ 186.00 $ Review the financial reporting requirements tracker table to inform discussions 

with E. Ortiz (PREPA) and N. Morales (PREPA) in support of fiscal plan 

reporting.

PR

51 Gil, Gerard 8/3/21 0.5 500.00 $ 250.00 $ Participate on the weekly conference call with J. San Miguel (ACG) and various 

representatives of King & Spalding, PREPA and other PREPA advisors to 

discuss federal funding matters, challenges and next steps.

PR

50 Porter, Lucas 8/3/21 0.6 570.00 $ 342.00 $ Review draft financial statements provided by J. San Miguel (ACG) to inform 

updates to stakeholders during the 8/6/21 bi-weekly mediation call.

Not in PR

2 Keys, Jamie 8/3/21 0.7 330.00 $ 231.00 $ Review the weekly cash flow forecast summary distributed by P. Crisalli 

(ACG).

Not in PR

50 Marino, 

Nicholas

8/3/21 0.9 495.00 $ 445.50 $ Review and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 8/6/21 bi-weekly mediation call.

Not in PR

51 Keys, Jamie 8/3/21 0.3 330.00 $ 99.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to project 

worksheet information included in the weekly project worksheet status report.

Not in PR

50 San Miguel, 

Jorge

8/3/21 0.4 620.00 $ 248.00 $ Review notes from federal stakeholder call to inform discussion points for the 

8/6/21 bi-weekly mediation call.

PR

50 Smith, James 8/3/21 1.0 750.00 $ 750.00 $ Review recent news, legislative and regulatory information related to Luma and 

PREPA in preparation for the 8/6/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 8/3/21 0.8 570.00 $ 456.00 $ Review comments and requests received from F. Padilla (PREPA) regarding the 

PREPA FY 2022 fiscal plan fuel procurement initiative.

Not in PR

6 Porter, Lucas 8/3/21 1.0 570.00 $ 570.00 $ Prepare consolidated draft schedule of comments for G. Gil (ACG) related to the 

GridCo-GenCo Operating Agreement revision to advance T&D and P3 

Authority generation transformation transaction implementation.

Not in PR

6 Gil, Gerard 8/3/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss comments to the draft 

GridCo-GenCo Operating Agreement.

PR

50 San Miguel, 

Jorge

8/3/21 0.4 620.00 $ 248.00 $ Review the agenda for the 8/6/21 bi-weekly mediation call on financial and 

transformation initiative updates.

PR

3 Crisalli, Paul 8/3/21 0.5 875.00 $ 437.50 $ Review documents related to PUMA and Freepoint exposure and provide 

comments to L. Porter (ACG) and G. Gil (ACG).

Not in PR

3 Gil, Gerard 8/3/21 1.1 500.00 $ 550.00 $ Participate on call with L. Porter (ACG) to discuss comments received from F. 

Padilla (PREPA) regarding FOMB claims and directives related to the PREPA 

FY 2022 fiscal plan fuel procurement initiative.

PR

3 Porter, Lucas 8/3/21 0.2 570.00 $ 114.00 $ Prepare and send materials for review to J. San Miguel (ACG) and G. Gil 

(ACG) regarding fuel supply contracts for the PREPA FY 2022 fiscal plan fuel 

procurement initiative.

Not in PR

3 Porter, Lucas 8/3/21 0.5 570.00 $ 285.00 $ Review information from P. Crisalli (ACG) regarding fuel supply contracts for 

the PREPA FY 2022 fiscal plan fuel procurement initiative.

Not in PR

6 Porter, Lucas 8/3/21 0.8 570.00 $ 456.00 $ Revise the comments schedule based on input received from F. Padilla 

(PREPA), K. Bolanos (DV) and G. Gil (ACG) related to the draft GridCoGenCo Operating Agreement.

Not in PR

3 Porter, Lucas 8/3/21 0.3 570.00 $ 171.00 $ Prepare and send draft request to P. Crisalli (ACG) regarding fuel supply 

contracts for the PREPA FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 San Miguel, 

Jorge

8/3/21 0.4 620.00 $ 248.00 $ Review initial comments to FY 2018 financial statement materials from P. 

Crisalli (ACG).

PR

50 Smith, James 8/3/21 0.4 750.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) regarding updates to agenda for 

the 8/6/21 bi-weekly mediation call on financial and transformation initiative 

updates.

Not in PR

6 Porter, Lucas 8/3/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss comments to the draft GridCoGenCo Operating Agreement.

Not in PR

6 Gil, Gerard 8/3/21 0.5 500.00 $ 250.00 $ Review and address commentary from F. Padilla (PREPA) on the draft GridCoGenCo Operating Agreement.

PR

50 Smith, James 8/3/21 1.4 750.00 $ 1,050.00 $ Prepare supporting materials and update draft notes in preparation for the 8/6/21 

bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

8/3/21 0.3 620.00 $ 186.00 $ Review request from L. Porter (ACG) regarding fuel supply contracts for 

PREPA FY 2022 fiscal plan fuel procurement initiative to inform F. Padilla 

(PREPA).

PR

51 San Miguel, 

Jorge

8/3/21 0.5 620.00 $ 310.00 $ Participate on the weekly conference call with G. Gil (ACG) and various 

representatives of King & Spalding, PREPA and other PREPA advisors to 

discuss federal funding matters, challenges and next steps.

PR

25 Parker, 

Christine

8/4/21 1.0 200.00 $ 200.00 $ Assemble time descriptions for the period 7/11/21 - 7/17/21 for inclusion in the 

Ankura July 2021 monthly fee statement.

Not in PR

6 Gil, Gerard 8/4/21 0.4 500.00 $ 200.00 $ Participate on call with K. Bolanos (DV) to discuss various items associated 

with the GridCo-GenCo Operating Agreement.

PR

Exhibit C

September 30, 2021 / #PR00050 3 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 141 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Crisalli, Paul 8/4/21 1.1 875.00 $ 962.50 $ Update analysis of cash flow-related items included in the FY 2018 financial 

statements.

Not in PR

50 Porter, Lucas 8/4/21 0.7 570.00 $ 399.00 $ Review initial draft analysis of PREPA historical financial information from P. 

Crisalli (ACG) for the 8/6/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 8/4/21 1.4 570.00 $ 798.00 $ Prepare the generation operational report for the week ended 8/1/21 based on 

data from G. Soto (Luma) for the FOMB as required by the PREPA FY 2022 

certified fiscal plan.

Not in PR

51 San Miguel, 

Jorge

8/4/21 0.9 620.00 $ 558.00 $ Review PREPA and FEMA documentation related to emergency reconstruction 

funds per request received from E. Abbott (BD).

PR

3 Keys, Jamie 8/4/21 0.9 330.00 $ 297.00 $ Participate on telephone call with P. Crisalli (ACG) to discuss emergencyrelated cash flows to inform analysis of FY 2018 financial statements.Not in PR

3 San Miguel, 

Jorge

8/4/21 0.7 620.00 $ 434.00 $ Review draft comments to the FY 2018 financial statement materials to respond 

to inquiries received from O'Melveny & Myers.

PR

50 Porter, Lucas 8/4/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) to discuss inputs to meeting agenda 

notes for the 8/6/21 bi-weekly mediation call.

Not in PR

3 Crisalli, Paul 8/4/21 0.5 875.00 $ 437.50 $ Participate on call with L. Porter (ACG) to discuss requests for information 

regarding cash flow-related items included in the FY 2018 financial statements.

Not in PR

50 Keys, Jamie 8/4/21 0.9 330.00 $ 297.00 $ Prepare the weekly FEMA flash report for the week ended 7/30/21 for review by 

P. Crisalli (ACG).

Not in PR

6 Gil, Gerard 8/4/21 1.0 500.00 $ 500.00 $ Participate in meeting with J. San Miguel (ACG) to discuss federal funding 

matters related to the generation assets to inform PREPA management on 

potential strategic options.

PR

50 Crisalli, Paul 8/4/21 0.2 875.00 $ 175.00 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

50 Marino, 

Nicholas

8/4/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss the regulatory docket updates 

in preparation for the 8/6/21 bi-weekly mediation call.

Not in PR

50 Crisalli, Paul 8/4/21 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) to discuss inputs to meeting agenda 

notes for the 8/6/21 bi-weekly mediation call.

Not in PR

50 Porter, Lucas 8/4/21 0.3 570.00 $ 171.00 $ Participate on call with J. San Miguel (ACG) to discuss responses to creditor 

questions for the 8/6/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 8/4/21 0.7 875.00 $ 612.50 $ Finish updates to the revenue, accounts receivable and collection trend analysis 

to inform the cash flow forecast.

Not in PR

3 Gil, Gerard 8/4/21 0.8 500.00 $ 400.00 $ Review and provide input for response to FOMB letter on the fuel procurement 

initiative as requested by F. Padilla (PREPA).

PR

50 Crisalli, Paul 8/4/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG) 

prior to distribution.

Not in PR

50 Porter, Lucas 8/4/21 0.4 570.00 $ 228.00 $ Review draft meeting notes from J. Smith (ACG) in advance of the 8/6/21 biweekly mediation call.Not in PR

25 Keys, Jamie 8/4/21 1.0 330.00 $ 330.00 $ Review the latest draft of the Ankura eleventh interim fee application. Not in PR

3 Marino, 

Nicholas

8/4/21 1.8 495.00 $ 891.00 $ Continue revising Luma Improvement Portfolio sections in the PREPA FY 2021 

fiscal plan projections overview presentation for the PREPA Board of Directors 

as requested by L. Porter (ACG).

Not in PR

50 Porter, Lucas 8/4/21 0.3 570.00 $ 171.00 $ Participate on call with J. San Miguel (ACG) to discuss creditor requests for 

information related to PREPA financials and fiscal plan model.

Not in PR

50 Keys, Jamie 8/4/21 0.2 330.00 $ 66.00 $ Correspond with N. Morales (PREPA) regarding changes to the weekly FEMA 

flash report.

Not in PR

2 Crisalli, Paul 8/4/21 0.2 875.00 $ 175.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

50 Marino, 

Nicholas

8/4/21 0.9 495.00 $ 445.50 $ Update the 8/6/21 bi-weekly mediation call draft document related to regulatory 

docket updates.

Not in PR

50 Smith, James 8/4/21 0.3 750.00 $ 225.00 $ Review the weekly generation report and data received from L. Porter (ACG) in 

support of the creditor reporting workstream.

Not in PR

50 Porter, Lucas 8/4/21 0.3 570.00 $ 171.00 $ Prepare RFI for N. Morales (PREPA) regarding FY 2018 historical financial 

information in preparation for the 8/6/21 bi-weekly mediation call.

Not in PR

6 Gil, Gerard 8/4/21 0.7 500.00 $ 350.00 $ Participate in discussion with J. San Miguel (ACG) regarding the latest draft P3 

Authority generation transformation transaction O&M agreement to inform 

discussions with PREPA management.

PR

6 Gil, Gerard 8/4/21 0.2 500.00 $ 100.00 $ Review and analyze correspondence from K. Bolanos (DV) regarding the 

GridCo-GenCo Operating Agreement and other operational matters between 

GridCo and GenCo.

PR

6 Porter, Lucas 8/4/21 0.4 570.00 $ 228.00 $ Review comments received from K. Bolanos (DV) regarding the draft GridCoGenCo Operating Agreement.

Not in PR

2 Crisalli, Paul 8/4/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 7/30/21. Not in PR

50 Keys, Jamie 8/4/21 1.1 330.00 $ 363.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to creditors.

Not in PR

25 Parker, 

Christine

8/4/21 1.1 200.00 $ 220.00 $ Review time descriptions to the Ankura July 2021 monthly fee statement for 

information currently assembled.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 4 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 142 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Porter, Lucas 8/4/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss the regulatory docket 

updates in preparation for the 8/6/21 bi-weekly mediation call.

Not in PR

50 Marino, 

Nicholas

8/4/21 1.3 495.00 $ 643.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 8/6/21 bi-weekly mediation call.

Not in PR

50 Smith, James 8/4/21 1.6 750.00 $ 1,200.00 $ Prepare the fleet status report for distribution to creditors for the 8/6/21 biweekly mediation call.

Not in PR

2 Crisalli, Paul 8/4/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

3 Gil, Gerard 8/4/21 0.2 500.00 $ 100.00 $ Review correspondence between PREPA and Luma regarding updates to the 

Integrated Resource Plan to inform FY 2022 fiscal plan implementation.

PR

50 Smith, James 8/4/21 0.7 750.00 $ 525.00 $ Participate on call with L. Porter (ACG) to discuss updates to agenda items and 

notes for the 8/6/21 bi-weekly mediation call.

Not in PR

50 Gil, Gerard 8/4/21 0.6 500.00 $ 300.00 $ Review draft agenda, materials and notes from prior meeting in preparation for 

the 8/6/21 bi-weekly mediation call.

PR

51 Keys, Jamie 8/4/21 0.8 330.00 $ 264.00 $ Review the weekly project worksheet status report provided by S. Diaz (ARI). Not in PR

3 San Miguel, 

Jorge

8/4/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding compliance steps related 

to the fuel procurement project and IRP generation initiatives.

PR

3 Porter, Lucas 8/4/21 0.5 570.00 $ 285.00 $ Review the updated daily generation reports from G. Soto (Luma) to inform 

development of the generation operational report for the week ended 8/1/21 as 

required by the FY 2022 certified fiscal plan.

Not in PR

3 Porter, Lucas 8/4/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) regarding status of review 

and comments to the FY 2018 financial statements.

Not in PR

50 Porter, Lucas 8/4/21 0.7 570.00 $ 399.00 $ Participate on call with J. Smith (ACG) to discuss updates to agenda items and 

notes for the 8/6/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 8/4/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding compliance steps 

related to the fuel procurement project and IRP generation initiatives.

PR

50 Porter, Lucas 8/4/21 1.1 570.00 $ 627.00 $ Review PREPA historical financial information to prepare responses for J. San 

Miguel (ACG) and stakeholder group to be discussed during the 8/6/21 biweekly mediation call.

Not in PR

6 San Miguel, 

Jorge

8/4/21 0.7 620.00 $ 434.00 $ Participate in discussion with G. Gil (ACG) regarding the latest draft P3 

Authority generation transformation transaction O&M agreement to inform 

discussions with PREPA management.

PR

50 Keys, Jamie 8/4/21 0.8 330.00 $ 264.00 $ Review the draft agenda for the bi-weekly mediation call circulated by J. Smith 

(ACG).

Not in PR

51 San Miguel, 

Jorge

8/4/21 1.4 620.00 $ 868.00 $ Participate in meeting with former COR3 representative regarding PREPA and 

FEMA emergency reconstruction fund reimbursement process to inform 

response to inquiry received from E. Abbott (BD).

PR

6 San Miguel, 

Jorge

8/4/21 1.0 620.00 $ 620.00 $ Participate in meeting with G. Gil (ACG) to discuss federal funding matters 

related to the generation assets to inform PREPA management on potential 

strategic options.

PR

50 Marino, 

Nicholas

8/4/21 1.7 495.00 $ 841.50 $ Review PREB regulatory docket updates in advance of the 8/6/21 bi-weekly 

mediation call.

Not in PR

3 Marino, 

Nicholas

8/4/21 2.2 495.00 $ 1,089.00 $ Revise Luma Improvement Portfolio sections in the PREPA FY 2021 fiscal plan 

projections overview presentation for the PREPA Board of Directors as 

requested by L. Porter (ACG).

Not in PR

50 San Miguel, 

Jorge

8/4/21 0.3 620.00 $ 186.00 $ Review inquiry and information request from creditor advisors related to fiscal 

plan financial model and VTP data to prepare response.

PR

50 San Miguel, 

Jorge

8/4/21 0.8 620.00 $ 496.00 $ Revise draft responses to creditor information requests and inquiries related to 

fiscal plan financial model, VTP, fuel procurement processes, Luma fees and 

efficiencies projections.

PR

3 Crisalli, Paul 8/4/21 0.9 875.00 $ 787.50 $ Participate on call with J. Keys (ACG) to discuss emergency-related cash flows 

to inform analysis of FY 2018 financial statements.

Not in PR

3 Porter, Lucas 8/4/21 0.8 570.00 $ 456.00 $ Review memorandum provided by M. Vazquez (DV) related to status of the 

PREPA FY 2022 fiscal plan fuel procurement initiative.

Not in PR

50 San Miguel, 

Jorge

8/4/21 0.3 620.00 $ 186.00 $ Participate on call with L. Porter (ACG) to discuss responses to creditor 

questions for the 8/6/21 bi-weekly mediation call.

PR

3 Porter, Lucas 8/4/21 0.5 570.00 $ 285.00 $ Participate on call with P. Crisalli (ACG) to discuss requests for information 

regarding cash flow-related items included in the FY 2018 financial statements.

Not in PR

50 Porter, Lucas 8/4/21 0.6 570.00 $ 342.00 $ Prepare additional information requests for N. Morales (PREPA) and E. Ortiz 

(PREPA) regarding FY 2018 historical financial information in preparation for 

the 8/6/21 bi-weekly mediation call.

Not in PR

50 Keys, Jamie 8/4/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly creditor 

package.

Not in PR

50 San Miguel, 

Jorge

8/4/21 0.3 620.00 $ 186.00 $ Participate on call with L. Porter (ACG) to discuss creditor requests for 

information related to PREPA financials and fiscal plan model.

PR

50 Keys, Jamie 8/4/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution to creditors. Not in PR

Exhibit C

September 30, 2021 / #PR00050 5 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 143 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 8/4/21 3.6 875.00 $ 3,150.00 $ Prepare analysis of cash flow-related items included in the FY 2018 financial 

statements per request from N. Morales (PREPA).

Not in PR

50 Smith, James 8/4/21 1.0 750.00 $ 750.00 $ Watch a portion of the 7/28/21 PREPA Board of Directors meeting to collect 

information relevant to the creditor update workstream.

Not in PR

3 San Miguel, 

Jorge

8/4/21 0.3 620.00 $ 186.00 $ Participate in discussion with L. Porter (ACG) regarding status of review and 

comments to the FY 2018 financial statements.

PR

25 Crisalli, Paul 8/5/21 0.4 875.00 $ 350.00 $ Review current draft of the Ankura eleventh interim fee application and provide 

comments to J. San Miguel (ACG).

Not in PR

50 Marino, 

Nicholas

8/5/21 0.8 495.00 $ 396.00 $ Revise the Ankura 8/6/21 bi-weekly mediation call draft document to 

incorporate PREPA Regulatory Docket updates.

Not in PR

50 Porter, Lucas 8/5/21 0.6 570.00 $ 342.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system updates in preparation for the 8/6/21 bi-weekly mediation 

call.

Not in PR

50 Crisalli, Paul 8/5/21 2.2 875.00 $ 1,925.00 $ Develop the earthquake peaking unit analysis in response to creditor due 

diligence questions.

Not in PR

50 Porter, Lucas 8/5/21 0.4 570.00 $ 228.00 $ Review comments from J. San Miguel (ACG) and M. DiConza (OMM) 

regarding meeting notes for the 8/6/21 bi-weekly mediation call.

Not in PR

6 Porter, Lucas 8/5/21 0.2 570.00 $ 114.00 $ Prepare comments provided by F. Padilla (PREPA) and other PREPA personnel 

to the GridCo-GenCo Operating Agreement for distribution to the P3 Authority 

working group.

Not in PR

50 Crisalli, Paul 8/5/21 0.8 875.00 $ 700.00 $ Participate on calls with L. Porter (ACG) regarding the analysis of earthquake 

peaking units in response to creditor due diligence questions.

Not in PR

25 Parker, 

Christine

8/5/21 1.0 200.00 $ 200.00 $ Review time descriptions to the Ankura July 2021 monthly fee statement for 

information currently assembled.

Not in PR

50 Porter, Lucas 8/5/21 0.8 570.00 $ 456.00 $ Participate on calls with P. Crisalli (ACG) regarding the analysis of earthquake 

peaking units in response to creditor due diligence questions.

Not in PR

3 Marino, 

Nicholas

8/5/21 1.8 495.00 $ 891.00 $ Revise the Projected Generation Capacity section in the PREPA FY 2021 fiscal 

plan projections overview presentation for the PREPA Board of Directors as 

requested by L. Porter (ACG).

Not in PR

2 Crisalli, Paul 8/5/21 0.3 875.00 $ 262.50 $ Update current draft of the cash flow reporting tracker for E. Ortiz (PREPA). Not in PR

50 San Miguel, 

Jorge

8/5/21 0.3 620.00 $ 186.00 $ Provide J. Smith (ACG) with comments and additional input requests for call 

notes in advance of the 8/6/21 bi-weekly mediation call.

PR

50 Smith, James 8/5/21 0.6 750.00 $ 450.00 $ Participate on call with J. San Miguel (ACG) to review updates related to 

financial, operational and regulatory developments in advance of the 8/6/21 biweekly mediation call.

Not in PR

6 Porter, Lucas 8/5/21 0.6 570.00 $ 342.00 $ Review comments received from F. Correa (PREPA), C. Negron (PREPA) and 

W. Rios (PREPA) to the Agreed Operating Procedures addendum to the GridCoGenCo Operating Agreement.

Not in PR

3 Crisalli, Paul 8/5/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) to discuss comments to draft FY 

2018 financial statements.

Not in PR

6 Porter, Lucas 8/5/21 0.3 570.00 $ 171.00 $ Participate on calls with G. Gil (ACG) to discuss follow-up requests from 

meeting with P3 Authority and Luma regarding the draft GridCo-GenCo 

Operating Agreement.

Not in PR

50 Smith, James 8/5/21 0.5 750.00 $ 375.00 $ Review the PREB regulatory docket on distributed generation in preparation for 

the 8/6/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

8/5/21 0.6 620.00 $ 372.00 $ Participate on call with J. Smith (ACG) to review updates related to financial, 

operational and regulatory developments in advance of the 8/6/21 bi-weekly 

mediation call.

PR

3 Marino, 

Nicholas

8/5/21 0.1 495.00 $ 49.50 $ Participate on call with R. Zampierollo (PREPA) regarding PREPA FY 2022 

fiscal plan initiatives for workstream collaboration discussion with FOMB.

Not in PR

50 Gil, Gerard 8/5/21 0.4 500.00 $ 200.00 $ Review draft responses to creditor questions in preparation for the 8/6/21 biweekly mediation call.

PR

50 Smith, James 8/5/21 0.6 750.00 $ 450.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system updates in preparation for the 8/6/21 bi-weekly mediation 

call.

Not in PR

50 San Miguel, 

Jorge

8/5/21 0.4 620.00 $ 248.00 $ Review the generation fleet status report for July 2021 to inform discussion 

points for the 8/6/21 bi-weekly mediation call.

PR

6 Gil, Gerard 8/5/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) to discuss 

comments to the draft GridCo-GenCo Operating Agreement in preparation for 

meeting with P3 Authority and PREPA.

PR

50 Marino, 

Nicholas

8/5/21 0.6 495.00 $ 297.00 $ Revise the Ankura 8/6/21 bi-weekly mediation call draft document to 

incorporate updated fuel prices as requested by L. Porter (ACG).

Not in PR

3 Marino, 

Nicholas

8/5/21 0.4 495.00 $ 198.00 $ Compile PREPA FY 2022 fiscal plan initiatives for workstream materials for 

collaboration discussion with FOMB for R. Zampierollo (PREPA).

Not in PR

50 Smith, James 8/5/21 0.3 750.00 $ 225.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 6 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 144 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Porter, Lucas 8/5/21 1.3 570.00 $ 741.00 $ Participate in working session with I. Perez (P3A), S. Torres (P3A), V. Del Rio 

(CGSH), E. Finkelberg (CGSH), G. Gil (ACG) and other P3 Authority and 

Luma representatives to discuss comments to the draft GridCo-GenCo 

Operating Agreement.

Not in PR

50 San Miguel, 

Jorge

8/5/21 0.5 620.00 $ 310.00 $ Review comments to FY 2018 audited financial statement provided by L. Porter 

(ACG) and pending creditor requests for information to prepare response and 

discussion points for the 8/6/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

8/5/21 1.4 620.00 $ 868.00 $ Review and edit the updated draft call notes based on input and comments 

received from G. Gil (ACG) in preparation for the 8/6/21 bi-weekly mediation 

call.

PR

6 Gil, Gerard 8/5/21 0.3 500.00 $ 150.00 $ Participate on calls with L. Porter (ACG) to discuss follow-up requests from 

meeting with P3 Authority and Luma regarding the draft GridCo-GenCo 

Operating Agreement.

PR

50 San Miguel, 

Jorge

8/5/21 0.4 620.00 $ 248.00 $ Participate on call with L. Porter (ACG) to finalize responses and comments to 

agenda items and notes in advance of the 8/6/21 bi-weekly mediation call.

PR

50 Porter, Lucas 8/5/21 0.7 570.00 $ 399.00 $ Analyze historical pricing data for generation fuel products to inform updates to 

meeting notes for J. San Miguel (ACG) in preparation for the 8/6/21 bi-weekly 

mediation call.

Not in PR

50 Porter, Lucas 8/5/21 0.6 570.00 $ 342.00 $ Revise draft responses to creditor questions for J. San Miguel (ACG) in 

preparation for the 8/6/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 8/5/21 1.1 875.00 $ 962.50 $ Develop templates for the cash for and liquidity reports for the week ended 

8/6/21.

Not in PR

50 Smith, James 8/5/21 1.4 750.00 $ 1,050.00 $ Update supporting materials and draft notes in preparation for the 8/6/21 biweekly mediation call.Not in PR

50 Porter, Lucas 8/5/21 1.0 570.00 $ 570.00 $ Revise draft meeting notes for J. Smith (ACG) and J. San Miguel (ACG) in 

preparation for the 8/6/21 bi-weekly mediation call.

Not in PR

25 Parker, 

Christine

8/5/21 0.9 200.00 $ 180.00 $ Assemble time descriptions for the period 7/18/21 - 7/24/21 for inclusion in the 

Ankura July 2021 monthly fee statement.

Not in PR

50 Smith, James 8/5/21 0.8 750.00 $ 600.00 $ Update the creditor call information related to generation based on 

developments regarding the PREPA fleet received from G. Soto (Luma) in 

support of the 8/6/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

8/5/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) to discuss comments to draft FY 2018 

financial statements.

PR

6 San Miguel, 

Jorge

8/5/21 0.6 620.00 $ 372.00 $ Participate on call with L. Porter (ACG) and G. Gil (ACG) to discuss comments 

to the draft GridCo-GenCo Operating Agreement in preparation for meeting 

with P3 Authority and PREPA.

PR

50 Porter, Lucas 8/5/21 1.4 570.00 $ 798.00 $ Analyze PREPA regulatory filings provided by L. Guzman (PREPA) related to 

FEMA reimbursements in preparation for the 8/6/21 bi-weekly mediation call.

Not in PR

50 Gil, Gerard 8/5/21 1.0 500.00 $ 500.00 $ Review materials for the 8/6/21 bi-weekly mediation call to provide input to J. 

San Miguel (ACG).

PR

50 Crisalli, Paul 8/5/21 0.5 875.00 $ 437.50 $ Review draft materials for the upcoming mediation call and provide comments 

related to the cash flow and liquidity-related items.

Not in PR

6 Gil, Gerard 8/5/21 1.2 500.00 $ 600.00 $ Prepare for upcoming meeting with P3 Authority and Luma to discuss and 

review open items related to the GridCo-GenCo Operating Agreement.

PR

6 Gil, Gerard 8/5/21 0.8 500.00 $ 400.00 $ Review commentary from PREPA generation directorate on the appendices to 

the GridCo-GenCo Operating Agreement.

PR

3 Crisalli, Paul 8/5/21 0.6 875.00 $ 525.00 $ Prepare the post-certification fiscal plan reports for week ended 7/30/21. Not in PR

50 Marino, 

Nicholas

8/5/21 1.4 495.00 $ 693.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 8/6/21 bi-weekly mediation call.

Not in PR

6 Porter, Lucas 8/5/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) to discuss 

comments to the draft GridCo-GenCo Operating Agreement in preparation for 

meeting with P3 Authority and PREPA.

Not in PR

50 San Miguel, 

Jorge

8/5/21 0.8 620.00 $ 496.00 $ Review and edit the updated draft agenda for the 8/6/21 bi-weekly mediation 

call.

PR

50 San Miguel, 

Jorge

8/5/21 0.7 620.00 $ 434.00 $ Review legal and regulatory developments related to PREPA, Luma and PREB 

in preparation for the 8/6/21 bi-weekly mediation call.

PR

50 Porter, Lucas 8/5/21 0.4 570.00 $ 228.00 $ Participate on call with J. San Miguel (ACG) to finalize responses and 

comments to agenda items and notes in advance of the 8/6/21 bi-weekly 

mediation call.

Not in PR

6 Gil, Gerard 8/5/21 1.3 500.00 $ 650.00 $ Participate in working session with I. Perez (P3A), S. Torres (P3A), V. Del Rio 

(CGSH), E. Finkelberg (CGSH), L. Porter (ACG) and other P3 Authority and 

Luma representatives to discuss comments to the draft GridCo-GenCo 

Operating Agreement.

PR

50 Marino, 

Nicholas

8/6/21 0.7 495.00 $ 346.50 $ Participate on the bi-weekly mediation call. Not in PR

25 Keys, Jamie 8/6/21 0.5 330.00 $ 165.00 $ Participate on call with P. Crisalli (ACG) to discuss the current draft of Ankura's 

eleventh interim fee application.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 7 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 145 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Gil, Gerard 8/6/21 0.7 500.00 $ 350.00 $ Participate on the bi-weekly mediation call. PR

3 Porter, Lucas 8/6/21 0.3 570.00 $ 171.00 $ Participate on call with N. Marino (ACG) to discuss next steps for FY 2022 

fiscal plan reporting.

Not in PR

25 Keys, Jamie 8/6/21 0.9 330.00 $ 297.00 $ Update the summary tables for the Ankura eleventh interim fee application. Not in PR

25 Parker, 

Christine

8/6/21 1.2 200.00 $ 240.00 $ Assemble time descriptions for the period 7/25/21 - 7/31/21 for inclusion in the 

Ankura July 2021 monthly fee statement.

Not in PR

50 Porter, Lucas 8/6/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) to finalize 

discussion points for the bi-weekly mediation call.

Not in PR

25 Crisalli, Paul 8/6/21 1.0 875.00 $ 875.00 $ Participate on follow-up call with J. Keys (ACG) to discuss the current draft of 

Ankura's eleventh interim fee application.

Not in PR

50 Smith, James 8/6/21 0.6 750.00 $ 450.00 $ Review open items to provide update to J. San Miguel (ACG) prior to the 8/6/21 

bi-weekly mediation call.

Not in PR

50 Porter, Lucas 8/6/21 0.7 570.00 $ 399.00 $ Participate on the bi-weekly mediation call. Not in PR

51 Keys, Jamie 8/6/21 0.5 330.00 $ 165.00 $ Review project worksheet funding notifications provided by COR3 for 

reconciliation to the weekly project worksheet status report.

Not in PR

25 Keys, Jamie 8/6/21 0.7 330.00 $ 231.00 $ Prepare the Ankura eleventh interim fee application package for review by J. 

San Miguel (ACG) and P. Crisalli (ACG).

Not in PR

25 Keys, Jamie 8/6/21 0.5 330.00 $ 165.00 $ Update Exhibit A of the Ankura eleventh interim fee application. Not in PR

50 San Miguel, 

Jorge

8/6/21 1.4 620.00 $ 868.00 $ Review financial, regulatory and executive order documentation to support the 

8/6/21 bi-weekly mediation call.

PR

25 Parker, 

Christine

8/6/21 1.6 200.00 $ 320.00 $ Review time descriptions to the Ankura July 2021 monthly fee statement for 

information currently assembled.

Not in PR

50 Crisalli, Paul 8/6/21 0.7 875.00 $ 612.50 $ Participate on the bi-weekly mediation call. Not in PR

2 Crisalli, Paul 8/6/21 1.0 875.00 $ 875.00 $ Participate on call with E. Ortiz (PREPA), J. Keys (ACG) and J. San Miguel 

(ACG) regarding the work plan for weekly cash flow budget versus actual 

reporting.

Not in PR

50 Gil, Gerard 8/6/21 0.2 500.00 $ 100.00 $ Participate on call with J. San Miguel (ACG) and L. Porter (ACG) to finalize 

discussion points for the bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

8/6/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) to discuss financial update in advance 

of the 8/6/21 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

8/6/21 3.3 495.00 $ 1,633.50 $ Revise the Generation System Transformation sections in the PREPA FY 2021 

fiscal plan projections overview presentation for the PREPA Board of Directors 

as requested by L. Porter (ACG).

Not in PR

2 Crisalli, Paul 8/6/21 0.2 875.00 $ 175.00 $ Prepare for call with E. Ortiz (PREPA) regarding the work plan for weekly cash 

flow budget versus actual reporting.

Not in PR

50 Crisalli, Paul 8/6/21 0.6 875.00 $ 525.00 $ Review final materials in preparation for the 8/6/21 bi-weekly mediation call 

and provide comments to Ankura team.

Not in PR

2 Crisalli, Paul 8/6/21 2.1 875.00 $ 1,837.50 $ Update the Government accounts receivable trend analysis and summary 

analytics for monthly information through June 2021 to inform cash flow 

forecast and related reporting.

Not in PR

50 San Miguel, 

Jorge

8/6/21 0.2 620.00 $ 124.00 $ Participate on call with M. DiConza (OMM) regarding update on audited 

financials for PREPA to inform the 8/6/21 bi-weekly mediation call.

PR

50 Gil, Gerard 8/6/21 1.1 500.00 $ 550.00 $ Review and provide comments to updated materials for the 8/6/21 bi-weekly 

mediation call.

PR

50 Smith, James 8/6/21 0.4 750.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) to discuss follow-up matters from 

the bi-weekly mediation call related to regulatory and operational reporting.

Not in PR

25 Keys, Jamie 8/6/21 2.5 330.00 $ 825.00 $ Review and revise the cash and liquidity section of the Ankura eleventh interim 

fee application per time detail for the period.

Not in PR

3 Marino, 

Nicholas

8/6/21 0.3 495.00 $ 148.50 $ Participate on call with L. Porter (ACG) to discuss next steps for FY 2022 fiscal 

plan reporting.

Not in PR

25 Keys, Jamie 8/6/21 1.0 330.00 $ 330.00 $ Participate on follow-up call with P. Crisalli (ACG) to discuss the current draft 

of Ankura's eleventh interim fee application.

Not in PR

25 Crisalli, Paul 8/6/21 0.5 875.00 $ 437.50 $ Participate on call with J. Keys (ACG) to discuss the current draft of Ankura's 

eleventh interim fee application.

Not in PR

2 Keys, Jamie 8/6/21 1.0 330.00 $ 330.00 $ Participate on call with E. Ortiz (PREPA), P. Crisalli (ACG) and J. San Miguel 

(ACG) regarding the work plan for weekly cash flow budget versus actual 

reporting.

Not in PR

50 San Miguel, 

Jorge

8/6/21 0.4 620.00 $ 248.00 $ Participate on call with R. Zampierollo (PREPA) to discuss follow-ups after the 

8/6/21 bi-weekly mediation call.

PR

3 Porter, Lucas 8/6/21 0.5 570.00 $ 285.00 $ Review the budget-to-actual variance analysis prepared by P. Clemente 

(PREPA) to inform updates to FY 2022 fiscal plan reporting.

Not in PR

50 Marino, 

Nicholas

8/6/21 0.3 495.00 $ 148.50 $ Aggregate and review creditor representative questions and responses during the 

8/6/21 bi-weekly mediation call prior to distribution to Ankura team.

Not in PR

2 Porter, Lucas 8/6/21 0.6 570.00 $ 342.00 $ Review analysis prepared by P. Crisalli (ACG) related to the PREPA cash flow 

to inform responses to AAFAF and O'Melveny & Myers requests regarding 

audited financial statements.

Not in PR

25 Crisalli, Paul 8/6/21 1.2 875.00 $ 1,050.00 $ Review current draft of the Ankura eleventh interim fee application. Not in PR

Exhibit C

September 30, 2021 / #PR00050 8 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 146 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

8/6/21 0.7 620.00 $ 434.00 $ Participate on the bi-weekly mediation call. PR

2 San Miguel, 

Jorge

8/6/21 1.0 620.00 $ 620.00 $ Participate on call with E. Ortiz (PREPA), J. Keys (ACG) and P. Crisalli (ACG) 

regarding the work plan for weekly cash flow budget versus actual reporting.

PR

50 Keys, Jamie 8/6/21 0.7 330.00 $ 231.00 $ Participate on the bi-weekly mediation call. Not in PR

50 San Miguel, 

Jorge

8/6/21 0.4 620.00 $ 248.00 $ Participate on call with J. Smith (ACG) to discuss follow-up matters from the biweekly mediation call related to regulatory and operational reporting.PR

50 San Miguel, 

Jorge

8/6/21 0.8 620.00 $ 496.00 $ Review and finalize agenda for the 8/6/21 bi-weekly mediation call. PR

50 San Miguel, 

Jorge

8/6/21 0.2 620.00 $ 124.00 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to finalize discussion 

points for the bi-weekly mediation call.

PR

50 Porter, Lucas 8/6/21 0.8 570.00 $ 456.00 $ Participate on call with P. Crisalli (ACG) regarding the analysis of earthquake 

peaking units in response to creditor due diligence questions.

Not in PR

50 Smith, James 8/6/21 0.7 750.00 $ 525.00 $ Participate on the bi-weekly mediation call. Not in PR

50 San Miguel, 

Jorge

8/6/21 0.3 620.00 $ 186.00 $ Confirm PREPA transition committee structure and leadership with N. Morales 

(PREPA) to inform creditors.

PR

50 Marino, 

Nicholas

8/6/21 0.6 495.00 $ 297.00 $ Review the PREPA Regulatory Docket NEPR-MI-2021-0008 for use in 

responding to creditor questions related to Low Income Housing Energy 

Assistance Program (LIHEAP).

Not in PR

50 Crisalli, Paul 8/6/21 0.8 875.00 $ 700.00 $ Participate on call with L. Porter (ACG) regarding the analysis of earthquake 

peaking units in response to creditor due diligence questions.

Not in PR

50 Crisalli, Paul 8/6/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) to discuss financial update in 

advance of the 8/6/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

8/7/21 0.3 620.00 $ 186.00 $ Follow-up with N. Marino (ACG) and working group on responses for creditor 

stakeholder inquiries from the 8/6/21 bi-weekly mediation call.

PR

3 Gil, Gerard 8/7/21 0.5 500.00 $ 250.00 $ Participate on call with F. Padilla (PREPA) to discuss generation and IRP 

strategic considerations in relation to FY 2022 fiscal plan implementation.

PR

2 San Miguel, 

Jorge

8/7/21 0.3 620.00 $ 186.00 $ Review the cash flow collections report received from R. Zampierollo (PREPA) 

to discuss follow-up inquiry from F. Hernandez (FOMB) regarding updated 

report data.

PR

6 Crisalli, Paul 8/9/21 0.4 875.00 $ 350.00 $ Review GridCo-GenCo Operating Agreement related materials \in preparation 

for call with L. Porter (ACG) and G. Gil (ACG).

Not in PR

3 Porter, Lucas 8/9/21 0.4 570.00 $ 228.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and N. Marino 

(ACG) to discuss FY 2022 certified fiscal plan reporting requirements in 

preparation for call with the FOMB.

Not in PR

3 San Miguel, 

Jorge

8/9/21 0.5 620.00 $ 310.00 $ Research various federal funding and other DFMO matters for Generation 

directorate related to reporting to FOMB and other stakeholders.

PR

3 Porter, Lucas 8/9/21 0.3 570.00 $ 171.00 $ Prepare follow-up requests for R. Zampierollo (PREPA) related to FY 2022 

fiscal plan reporting.

Not in PR

3 Gil, Gerard 8/9/21 0.8 500.00 $ 400.00 $ Prepare findings for E. Paredes (PREPA) regarding FY 2022 budget line items 

for labor expenses.

PR

3 Gil, Gerard 8/9/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 budget information 

requested by E. Paredes (PREPA).

PR

3 Marino, 

Nicholas

8/9/21 0.4 495.00 $ 198.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and L. Porter 

(ACG) to discuss FY 2022 certified fiscal plan reporting requirements in 

preparation for call with the FOMB.

Not in PR

2 Keys, Jamie 8/9/21 1.4 330.00 $ 462.00 $ Prepare the weekly cash flow outputs for the week ended 8/6/21 for review by P. 

Crisalli (ACG).

Not in PR

3 Porter, Lucas 8/9/21 0.2 570.00 $ 114.00 $ Review responding PREPA financial information from A. Cabrera (FW) related 

to FY 2022 fiscal plan implementation reporting.

Not in PR

2 Crisalli, Paul 8/9/21 0.3 875.00 $ 262.50 $ Correspond with J. Roque (Luma) regarding the disbursement classifications 

included in the daily cash flow file.

Not in PR

60 San Miguel, 

Jorge

8/9/21 0.3 620.00 $ 186.00 $ Prepare responses to requests received from J. Roque (Luma) related to the 

SWAP analysis based on prior discussions with J. Ciancanelli (ACG) in support 

of the financial statement audit process for FY 2019 and FY 2020.

PR

3 Porter, Lucas 8/9/21 1.3 570.00 $ 741.00 $ Prepare analysis of historical financial and FY 2022 budget information as 

requested by E. Paredes (PREPA).

Not in PR

6 San Miguel, 

Jorge

8/9/21 0.6 620.00 $ 372.00 $ Participate on call with G. Gil (ACG) to discuss preparation for upcoming 

PREPA participation in Senate Hearing regarding PREPA's transformation.

PR

3 San Miguel, 

Jorge

8/9/21 1.1 620.00 $ 682.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

3 Gil, Gerard 8/9/21 0.2 500.00 $ 100.00 $ Review employer pension contribution cost projections in FY 2022 fiscal plan 

model prepared by L. Porter (ACG) for response to E. Paredes (PREPA).

PR

6 Porter, Lucas 8/9/21 0.4 570.00 $ 228.00 $ Review information related to the P3 Authority generation transformation 

transaction RFP procurement web portal to obtain responding information for G. 

Gil (ACG) regarding procurement status.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 9 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 147 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Porter, Lucas 8/9/21 0.9 570.00 $ 513.00 $ Review markup of the GridCo-GenCo Operating Agreement provided by V. Del 

Rio (CGSH) to inform discussions with P3 Authority and Luma.

Not in PR

3 Marino, 

Nicholas

8/9/21 1.1 495.00 $ 544.50 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

2 Crisalli, Paul 8/9/21 3.1 875.00 $ 2,712.50 $ Develop the detailed GridCo, GenCo and HoldCo-related weekly cash flow 

budget versus actual support schedules to inform cash flow reporting.

Not in PR

3 Marino, 

Nicholas

8/9/21 1.8 495.00 $ 891.00 $ Continue revising Generation System Transformation sections in the PREPA FY 

2021 fiscal plan projections overview presentation for the PREPA Board of 

Directors as requested by L. Porter (ACG).

Not in PR

25 Keys, Jamie 8/9/21 0.6 330.00 $ 198.00 $ Review footnotes included in the Ankura eleventh interim fee application. Not in PR

3 Porter, Lucas 8/9/21 1.1 570.00 $ 627.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Porter, Lucas 8/9/21 0.7 570.00 $ 399.00 $ Participate on call with F. Hernandez (FOMB), F. Ramirez (FOMB), R. 

Zampierollo (PREPA), N. Marino (ACG) and G. Gil (ACG) to discuss FOMB 

directives on FY 2022 fiscal plan reporting and implementation.

Not in PR

2 Crisalli, Paul 8/9/21 0.6 875.00 $ 525.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

3 San Miguel, 

Jorge

8/9/21 0.5 620.00 $ 310.00 $ Participate on call with G. Gil (ACG) to review pension system reform 

initiatives and reporting deliverables to FOMB.

PR

3 Marino, 

Nicholas

8/9/21 0.7 495.00 $ 346.50 $ Participate on call with F. Hernandez (FOMB), F. Ramirez (FOMB), R. 

Zampierollo (PREPA), L. Porter (ACG) and G. Gil (ACG) to discuss FOMB 

directives on FY 2022 fiscal plan reporting and implementation.

Not in PR

25 Crisalli, Paul 8/9/21 0.3 875.00 $ 262.50 $ Correspond with J. Keys (ACG) and J. San Miguel (ACG) regarding comments 

to the current draft of the Ankura eleventh interim fee application.

Not in PR

60 Ciancanelli, 

John

8/9/21 0.5 665.00 $ 332.50 $ Participate on call with L. Costa (ACG) to discuss SWAP valuation. Not in PR

3 Porter, Lucas 8/9/21 0.9 570.00 $ 513.00 $ Review employer pension contribution cost projections in FY 2022 fiscal plan 

model for response to E. Paredes (PREPA).

Not in PR

3 Gil, Gerard 8/9/21 0.2 500.00 $ 100.00 $ Review correspondence for R. Zampierollo (PREPA) regarding FY 2022 fiscal 

plan implementation.

PR

60 Ciancanelli, 

John

8/9/21 0.4 665.00 $ 266.00 $ Review the prior SWAP valuation model and report prepared for financial 

reporting purposes to assess scope considerations. 

Not in PR

3 Gil, Gerard 8/9/21 1.1 500.00 $ 550.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

6 Gil, Gerard 8/9/21 1.2 500.00 $ 600.00 $ Participate on call with L. Porter (ACG) and P. Crisalli (ACG) regarding the 

draft GridCo-GenCo Operating Agreement and related potential account 

funding.

PR

6 Gil, Gerard 8/9/21 0.6 500.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) to discuss preparation for 

upcoming PREPA participation in Senate Hearing regarding PREPA's 

transformation.

PR

3 Porter, Lucas 8/9/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss FY 2022 budget information 

requested by E. Paredes (PREPA).

Not in PR

3 Porter, Lucas 8/9/21 0.6 570.00 $ 342.00 $ Review FY 2022 fiscal plan reporting requirements to prepare follow-up 

requests for information for R. Zampierollo (PREPA).

Not in PR

6 Porter, Lucas 8/9/21 1.2 570.00 $ 684.00 $ Participate on call with P. Crisalli (ACG) and G. Gil (ACG) regarding the draft 

GridCo-GenCo Operating Agreement and related potential account funding.

Not in PR

3 Gil, Gerard 8/9/21 0.4 500.00 $ 200.00 $ Participate on call with R. Zampierollo (PREPA), L. Porter (ACG) and N. 

Marino (ACG) to discuss FY 2022 certified fiscal plan reporting requirements in 

preparation for call with the FOMB.

PR

6 Crisalli, Paul 8/9/21 1.2 875.00 $ 1,050.00 $ Participate on call with L. Porter (ACG) and G. Gil (ACG) regarding the draft 

GridCo-GenCo Operating Agreement and related potential account funding.

Not in PR

60 Costa, Lindsey 8/9/21 0.5 460.00 $ 230.00 $ Participate on call with J. Ciancanelli (ACG) to discuss SWAP valuation. Not in PR

3 Gil, Gerard 8/9/21 0.4 500.00 $ 200.00 $ Prepare for upcoming conference call with F. Padilla (PREPA) regarding FY 

2022 fiscal plan implementation.

PR

3 Crisalli, Paul 8/9/21 1.1 875.00 $ 962.50 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Gil, Gerard 8/9/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to review pension system reform 

initiatives and reporting deliverables to FOMB.

PR

50 Keys, Jamie 8/9/21 1.2 330.00 $ 396.00 $ Participate on telephone call with N. Ortiz (I&I) regarding updated emergency 

vendor invoices for use in creditor discussions.

Not in PR

25 Parker, 

Christine

8/9/21 1.1 200.00 $ 220.00 $ Update Exhibits A, B and C of the Ankura July 2021 monthly fee statement for 

information currently available.

Not in PR

3 Gil, Gerard 8/9/21 0.7 500.00 $ 350.00 $ Participate on call with F. Hernandez (FOMB), F. Ramirez (FOMB), R. 

Zampierollo (PREPA), N. Marino (ACG) and L. Porter (ACG) to discuss FOMB 

directives on FY 2022 fiscal plan reporting and implementation.

PR

Exhibit C

September 30, 2021 / #PR00050 10 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 148 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 8/9/21 0.2 500.00 $ 100.00 $ Participate on call with E. Paredes (PREPA) regarding FY 2022 budget line 

items for labor expenses.

PR

2 Keys, Jamie 8/9/21 0.7 330.00 $ 231.00 $ Revise the weekly cash flow outputs for the week ended 8/6/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

25 Keys, Jamie 8/9/21 0.9 330.00 $ 297.00 $ Update the summary table for inclusion in the Ankura eleventh interim fee 

application.

Not in PR

50 Smith, James 8/9/21 0.4 750.00 $ 300.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

3 Gil, Gerard 8/9/21 0.6 500.00 $ 300.00 $ Review materials for upcoming call with FOMB regarding FY 2022 fiscal plan 

implementation reporting.

PR

25 Keys, Jamie 8/9/21 1.8 330.00 $ 594.00 $ Review the latest draft of the Ankura eleventh interim fee application provided 

by P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 8/9/21 0.4 570.00 $ 228.00 $ Revise analysis of historical financial and FY 2022 budget information as 

requested by E. Paredes (PREPA).

Not in PR

3 Marino, 

Nicholas

8/9/21 2.3 495.00 $ 1,138.50 $ Finalize Luma Improvement Portfolio sections in the PREPA FY 2021 fiscal 

plan projections overview presentation for the PREPA Board of Directors.

Not in PR

50 Smith, James 8/9/21 0.8 750.00 $ 600.00 $ Prepare notes and follow-up on questions from the 8/6/21 bi-weekly mediation 

call.

Not in PR

3 Keys, Jamie 8/9/21 1.1 330.00 $ 363.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

50 Marino, 

Nicholas

8/9/21 1.0 495.00 $ 495.00 $ Review and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 8/20/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 8/9/21 0.4 570.00 $ 228.00 $ Prepare and send responding information to G. Gil (ACG) related to E. Paredes 

(PREPA) request related to FY 2022 budget employer contribution amounts.

Not in PR

2 Crisalli, Paul 8/9/21 0.5 875.00 $ 437.50 $ Communicate with representatives of Luma and PREPA regarding the weekly 

summary cash flow reports and related variances.

Not in PR

3 San Miguel, 

Jorge

8/9/21 0.5 620.00 $ 310.00 $ Review scope of work for federal funding and related reporting requirements to 

support reporting and project management work under the FY 2022 fiscal plan 

with FOMB and related stakeholders.

PR

2 Crisalli, Paul 8/9/21 1.2 875.00 $ 1,050.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

25 Parker, 

Christine

8/10/21 1.2 200.00 $ 240.00 $ Review Exhibits A, B and C of the Ankura July 2021 monthly fee statement. Not in PR

6 Porter, Lucas 8/10/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) and G. Gil (ACG) to discuss follow-up 

questions related to the GridCo-GenCo Operating Agreement.

Not in PR

60 San Miguel, 

Jorge

8/10/21 0.2 620.00 $ 124.00 $ Participate on call with J. Ciancanelli (ACG) regarding scope of the SWAP 

valuation for financial reporting purposes.

PR

3 Crisalli, Paul 8/10/21 1.6 875.00 $ 1,400.00 $ Participate in working session with J. San Miguel (ACG), G. Gil (ACG) and L. 

Porter (ACG) regarding the PREPA fuel RFI and RFP supporting materials and 

analyses in furtherance of the fuel procurement initiative outlined in the FY 

2022 fiscal plan.

Not in PR

25 Parker, 

Christine

8/10/21 1.3 200.00 $ 260.00 $ Update Exhibits A, B and C of the Ankura August 2021 monthly fee statement 

for information currently available.

Not in PR

3 Gil, Gerard 8/10/21 0.1 500.00 $ 50.00 $ Correspond with L. Porter (ACG) regarding draft FY 2022 fiscal plan initiatives 

informational memorandum.

PR

2 Keys, Jamie 8/10/21 0.3 330.00 $ 99.00 $ Participate on call with P. Crisalli (ACG) regarding restoration, reconstruction 

and insurance-related items supporting the cash flow forecast and FEMA flash 

report.

Not in PR

25 Keys, Jamie 8/10/21 0.4 330.00 $ 132.00 $ Review J. San Miguel (ACG) comments to the eleventh interim fee application. Not in PR

50 Smith, James 8/10/21 0.5 750.00 $ 375.00 $ Review the regulatory docket summary schedule received from K. Bolanos (DV) 

to inform the creditor reporting workstream.

Not in PR

50 Smith, James 8/10/21 1.3 750.00 $ 975.00 $ Review the PREB regulatory dockets related to the Luma and PREPA 10-year 

infrastructure plan and performance metrics to inform creditor reporting 

workstream.

Not in PR

3 Crisalli, Paul 8/10/21 0.5 875.00 $ 437.50 $ Participate on follow-up call with J. San Miguel (ACG) regarding the PREPA 

fuel RFI and RFP supporting materials and analyses in furtherance of the fuel 

procurement initiative outlined in the FY 2022 fiscal plan.

Not in PR

3 San Miguel, 

Jorge

8/10/21 0.5 620.00 $ 310.00 $ Participate on follow-up call with P. Crisalli (ACG) regarding the PREPA fuel 

RFI and RFP supporting materials and analyses in furtherance of the fuel 

procurement initiative outlined in the FY 2022 fiscal plan.

PR

3 Porter, Lucas 8/10/21 1.9 570.00 $ 1,083.00 $ Revise draft informational memorandum from F. Padilla (PREPA) regarding FY 

2022 fiscal plan initiatives, incorporating comments from J. San Miguel (ACG), 

P. Crisalli (ACG) and G. Gil (ACG).

Not in PR

3 San Miguel, 

Jorge

8/10/21 1.1 620.00 $ 682.00 $ Review and revise update to F. Padilla (PREPA) related to the FY 2022 fiscal 

plan fuel procurement initiative.

PR

Exhibit C

September 30, 2021 / #PR00050 11 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 149 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Keys, Jamie 8/10/21 0.9 330.00 $ 297.00 $ Review the updated force account summary information provided by N. Ortiz 

(I&I) for use in the FEMA flash report.

Not in PR

3 Porter, Lucas 8/10/21 0.2 570.00 $ 114.00 $ Correspond with J. San Miguel (ACG), P. Crisalli (ACG) and G. Gil (ACG) 

regarding draft FY 2022 fiscal plan initiatives informational memorandum.

Not in PR

3 Gil, Gerard 8/10/21 0.2 500.00 $ 100.00 $ Review FOMB materials regarding FY 2022 fiscal plan implementation 

reporting.

PR

3 Porter, Lucas 8/10/21 0.3 570.00 $ 171.00 $ Review analysis from P. Crisalli (ACG) related to working capital to inform 

updates to F. Padilla (PREPA) on FY 2022 fiscal plan initiatives.

Not in PR

3 San Miguel, 

Jorge

8/10/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding pending deliverables 

following meeting with FOMB and PREPA representatives related to FY 2022 

fiscal plan reporting.

PR

3 San Miguel, 

Jorge

8/10/21 0.4 620.00 $ 248.00 $ Provide comments to L. Porter (ACG) regarding the FY 2022 fiscal plan fuel 

procurement initiative update requested by F. Padilla (PREPA).

PR

3 Porter, Lucas 8/10/21 0.9 570.00 $ 513.00 $ Review PREPA supply contracts to inform revisions to draft informational 

memorandum from F. Padilla (PREPA) regarding FY 2022 fiscal plan 

initiatives.

Not in PR

6 Gil, Gerard 8/10/21 0.2 500.00 $ 100.00 $ Participate on call with P. Crisalli (ACG) and L. Porter (ACG) to discuss followup questions related to the GridCo-GenCo Operating Agreement.

PR

51 Keys, Jamie 8/10/21 0.7 330.00 $ 231.00 $ Review the weekly project worksheet status report provided by S. Diaz (ARI) 

for the week ended 8/6/21.

Not in PR

2 Crisalli, Paul 8/10/21 0.2 875.00 $ 175.00 $ Follow-up correspondence with Luma and PREPA teams regarding open items 

related the weekly cash flow and liquidity reports and monthly accounts 

receivable reports.

Not in PR

6 Crisalli, Paul 8/10/21 0.2 875.00 $ 175.00 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss follow-up 

questions related to the GridCo-GenCo Operating Agreement.

Not in PR

2 Keys, Jamie 8/10/21 0.6 330.00 $ 198.00 $ Review the weekly cash flow forecast circulated by P. Crisalli (ACG) for the 

week ended 8/6/21.

Not in PR

60 Ciancanelli, 

John

8/10/21 0.2 665.00 $ 133.00 $ Participate on call with J. San Miguel (ACG) regarding scope of the SWAP 

valuation for financial reporting purposes.

Not in PR

60 Ciancanelli, 

John

8/10/21 0.8 665.00 $ 532.00 $ Review the FY 2019 SWAP report prepared for financial reporting purposes to 

assess necessary changes to the model. 

Not in PR

3 Gil, Gerard 8/10/21 1.6 500.00 $ 800.00 $ Participate in working session with J. San Miguel (ACG), P. Crisalli (ACG) and 

L. Porter (ACG) regarding the PREPA fuel RFI and RFP supporting materials 

and analyses in furtherance of the fuel procurement initiative outlined in the FY 

2022 fiscal plan.

PR

3 Crisalli, Paul 8/10/21 1.2 875.00 $ 1,050.00 $ Review the PREPA Fuel RFI and RFP supporting materials and analyses in 

furtherance of the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

6 Porter, Lucas 8/10/21 1.0 570.00 $ 570.00 $ Participate on call with P. Crisalli (ACG), G. Gil (ACG) and V. DelRio (CGSH) 

regarding the draft GridCo-GenCo Operating Agreement and related potential 

account funding.

Not in PR

25 Keys, Jamie 8/10/21 2.2 330.00 $ 726.00 $ Review the current draft of the Ankura July 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

3 Porter, Lucas 8/10/21 0.8 570.00 $ 456.00 $ Review comments to draft informational memorandum from F. Padilla (PREPA) 

regarding FY 2022 fiscal plan initiatives.

Not in PR

50 Keys, Jamie 8/10/21 0.8 330.00 $ 264.00 $ Participate on telephone call with N. Ortiz (I&I) regarding the updated force 

account summary for use in the FEMA flash report.

Not in PR

3 Crisalli, Paul 8/10/21 0.4 875.00 $ 350.00 $ Review revised materials related to the PREPA Fuel RFI and RFP in furtherance 

of the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Gil, Gerard 8/10/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding pending 

deliverables following meeting with FOMB and PREPA representatives related 

to FY 2022 fiscal plan reporting.

PR

50 Marino, 

Nicholas

8/10/21 1.4 495.00 $ 693.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 8/20/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 8/10/21 0.8 500.00 $ 400.00 $ Participate on weekly conference call led by F. Padilla (PREPA), with other 

members of the PREPA advisory team, regarding FY 2022 fiscal plan 

implementation.

PR

3 Porter, Lucas 8/10/21 1.6 570.00 $ 912.00 $ Participate in working session with J. San Miguel (ACG), G. Gil (ACG) and P. 

Crisalli (ACG) regarding the PREPA fuel RFI and RFP supporting materials 

and analyses in furtherance of the fuel procurement initiative outlined in the FY 

2022 fiscal plan.

Not in PR

3 Gil, Gerard 8/10/21 0.7 500.00 $ 350.00 $ Review and analyze the FOMB's RFI related to the FY 2022 fiscal plan fuel 

procurement initiative.

PR

6 Crisalli, Paul 8/10/21 1.0 875.00 $ 875.00 $ Participate on call with L. Porter (ACG), G. Gil (ACG) and V. DelRio (CGSH) 

regarding the draft GridCo-GenCo Operating Agreement and related potential 

account funding.

Not in PR

2 Crisalli, Paul 8/10/21 0.3 875.00 $ 262.50 $ Participate on call with J. Keys (ACG) regarding restoration, reconstruction and 

insurance-related items supporting the cash flow forecast and FEMA flash 

report.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 12 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 150 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 8/10/21 0.8 875.00 $ 700.00 $ Update the general client and Government accounts receivable analyses through 

June 2021 and expand templates through FY 2022 to inform cash flow forecast 

and related reporting.

Not in PR

3 Crisalli, Paul 8/10/21 1.5 875.00 $ 1,312.50 $ Review source documents and develop historic diesel credit cap analysis and 

payment history to PUMA to inform the fuel working capital analysis related to 

the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Marino, 

Nicholas

8/10/21 0.3 495.00 $ 148.50 $ Review FOMB's FY 2022 PREPA budget-to-actuals and implementation 

measures presentation regarding PREPA FY 2022 fiscal plan initiatives 

reporting.

Not in PR

3 Porter, Lucas 8/10/21 0.8 570.00 $ 456.00 $ Review the regulatory docket summary schedule received from K. Bolanos (DV) 

to inform FY 2022 fiscal plan implementation reporting.

Not in PR

3 Gil, Gerard 8/10/21 0.8 500.00 $ 400.00 $ Review PREPA's fuel supply agreements to inform development of materials on 

the FY 2022 fiscal plan initiative for fuel procurement.

PR

3 Gil, Gerard 8/10/21 0.5 500.00 $ 250.00 $ Review and analyze FY 2022 fiscal plan requirements related to the renewables 

procurement initiative as requested by F. Padilla (PREPA).

PR

6 Gil, Gerard 8/10/21 0.2 500.00 $ 100.00 $ Review and provide input to L. Porter (ACG) on draft response to V. Del Rio 

(CGSH) regarding the GridCo-GenCo Operating Agreement.

PR

6 Porter, Lucas 8/10/21 0.5 570.00 $ 285.00 $ Review PREPA budget materials to inform responses to V. Del Rio (CGSH) 

regarding the GridCo-GenCo Operating Agreement.

Not in PR

3 Gil, Gerard 8/10/21 1.0 500.00 $ 500.00 $ Review and prepare comments to initial draft materials related to the fuel 

procurement FY 2022 fiscal plan initiative as requested by F. Padilla (PREPA).

PR

6 Gil, Gerard 8/10/21 1.0 500.00 $ 500.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG) and V. DelRio 

(CGSH) regarding the draft GridCo-GenCo Operating Agreement and related 

potential account funding.

PR

3 Porter, Lucas 8/10/21 0.3 570.00 $ 171.00 $ Review draft materials from F. Hernandez (FOMB) regarding FY 2022 fiscal 

plan implementation reporting.

Not in PR

6 Gil, Gerard 8/10/21 0.4 500.00 $ 200.00 $ Review and analyze bidder correspondence related to the P3 Authority 

generation transformation transaction.

PR

2 Crisalli, Paul 8/10/21 0.2 875.00 $ 175.00 $ Participate on call with N. Morales (PREPA) regarding the cash flow, liquidity 

and working capital reporting and related analyses.

Not in PR

3 San Miguel, 

Jorge

8/10/21 1.6 620.00 $ 992.00 $ Participate in working session with P. Crisalli (ACG), G. Gil (ACG) and L. 

Porter (ACG) regarding the PREPA fuel RFI and RFP supporting materials and 

analyses in furtherance of the fuel procurement initiative outlined in the FY 

2022 fiscal plan.

PR

60 Ciancanelli, 

John

8/10/21 0.2 665.00 $ 133.00 $ Correspond with J. Roque (Luma) regarding the scope and timing of the SWAP 

valuation model for use in financial reporting purposes.

Not in PR

51 Keys, Jamie 8/10/21 1.2 330.00 $ 396.00 $ Participate on telephone call with J. Rosado (ARI) regarding supporting 

information for the RFR related to the management cost project worksheet.

Not in PR

3 Porter, Lucas 8/11/21 1.5 570.00 $ 855.00 $ Prepare generation operational report for the week ending 8/8/21 based on data 

from G. Soto (Luma) for FOMB as required by FOMB for FY 2022 fiscal plan 

reporting.

Not in PR

3 Gil, Gerard 8/11/21 0.4 500.00 $ 200.00 $ Review summary table on FY 2022 fiscal plan fuel and purchased power cost 

forecast for F. Santos (PREPA). 

PR

50 Crisalli, Paul 8/11/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG) 

prior to distribution.

Not in PR

25 Keys, Jamie 8/11/21 0.5 330.00 $ 165.00 $ Participate on call with P. Crisalli (ACG) to review the current draft of the 

Ankura eleventh interim fee application.

Not in PR

3 Porter, Lucas 8/11/21 0.5 570.00 $ 285.00 $ Develop a status summary exhibit on FY 2022 fiscal plan initiatives for the 

informational memorandum requested by F. Padilla (PREPA). 

Not in PR

3 San Miguel, 

Jorge

8/11/21 0.5 620.00 $ 310.00 $ Participate on call with G. Gil (ACG) to discuss proposed changes and structure 

of the PREPA response letter to FOMB related to the FY 2022 fiscal plan fuel 

procurement initiative.

PR

3 San Miguel, 

Jorge

8/11/21 0.6 620.00 $ 372.00 $ Participate on call with G. Gil (ACG), P. Crisalli (ACG) and L. Porter (ACG) to 

discuss revisions to the draft informational memorandum received from F. 

Padilla (PREPA) related to the FY 2022 fiscal plan fuel procurement initiative.

PR

3 Gil, Gerard 8/11/21 0.2 500.00 $ 100.00 $ Participate on call with R. Zampierollo (PREPA) regarding the FY 2022 fiscal 

plan initiative on pension system.

PR

3 Gil, Gerard 8/11/21 0.2 500.00 $ 100.00 $ Correspond with AAFAF regarding CBA work rules and related FY 2022 fiscal 

plan implementation.

PR

3 Porter, Lucas 8/11/21 0.4 570.00 $ 228.00 $ Review updated daily generation reports from G. Soto (Luma) for development 

of the generation operational report for the seven day period ending 8/8/21 as 

required by FOMB under FY 2022 fiscal plan reporting.

Not in PR

50 Smith, James 8/11/21 1.8 750.00 $ 1,350.00 $ Review news and regulatory filings related to Luma performance metrics in 

support of the creditor reporting workstream.

Not in PR

50 Marino, 

Nicholas

8/11/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 8/20/21 bi-weekly mediation call.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 13 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 151 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 8/11/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG), P. Crisalli (ACG) and J. San Miguel 

(ACG) to discuss revisions to the draft informational memorandum received 

from F. Padilla (PREPA) related to the FY 2022 fiscal plan fuel procurement 

initiative.

Not in PR

3 Gil, Gerard 8/11/21 0.5 500.00 $ 250.00 $ Review materials on CBA work rules to inform discussion with AAFAF 

regarding FY 2022 fiscal plan implementation.

PR

2 Crisalli, Paul 8/11/21 0.3 875.00 $ 262.50 $ Participate on call with E. Ortiz (PREPA) and J. Adrover (PREPA) regarding 

employee disbursement related weekly budget-to-actual cash flow reporting.

Not in PR

3 Gil, Gerard 8/11/21 0.3 500.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) and L. Porter (ACG) related to the 

FY 2022 fuel procurement fiscal plan initiative memorandum requested by F. 

Padilla (PREPA).

PR

25 Parker, 

Christine

8/11/21 1.3 200.00 $ 260.00 $ Review time descriptions to the Ankura July 2021 monthly fee statement for 

information currently assembled.

Not in PR

3 Gil, Gerard 8/11/21 0.1 500.00 $ 50.00 $ Correspond with T. Gonzalez (SM) regarding monthly reporting of FY 2022 

fiscal plan initiatives for July 2021.

PR

50 Keys, Jamie 8/11/21 0.3 330.00 $ 99.00 $ Participate on telephone call with P. Crisalli (ACG) regarding changes to the 

FEMA flash report for the week ended 8/6/21.

Not in PR

3 Marino, 

Nicholas

8/11/21 0.9 495.00 $ 445.50 $ Develop tracker for PREPA FY 2021 fiscal plan information request items 

received from representatives of Alvarez & Marsal.

Not in PR

3 Gil, Gerard 8/11/21 1.3 500.00 $ 650.00 $ Review and draft changes to supporting materials and analyses in furtherance of 

the PREPA FY 2022 fiscal plan fuel procurement initiative.

PR

3 San Miguel, 

Jorge

8/11/21 0.3 620.00 $ 186.00 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) related to the FY 

2022 fuel procurement fiscal plan initiative memorandum requested by F. 

Padilla (PREPA).

PR

50 Porter, Lucas 8/11/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) regarding the requests for 

information received from creditors related to FY 2022 fiscal plan model 

inquiries.

Not in PR

50 Smith, James 8/11/21 0.7 750.00 $ 525.00 $ Participate on call with K. Bolanos (DV), Z. Marrero (DV) and G. Gil (ACG) to 

discuss PREPA regulatory matters in preparation for the 8/20/21 bi-weekly 

mediation call.

Not in PR

50 Keys, Jamie 8/11/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution to creditors. Not in PR

50 Keys, Jamie 8/11/21 0.2 330.00 $ 66.00 $ Correspond with N. Morales (PREPA) regarding changes to the weekly FEMA 

flash report.

Not in PR

3 Marino, 

Nicholas

8/11/21 0.4 495.00 $ 198.00 $ Read the PREB regulatory matters report received from K. Bolaños (DV) to 

inform fiscal plan reporting and analysis.

Not in PR

3 Porter, Lucas 8/11/21 0.7 570.00 $ 399.00 $ Consolidate comments and revisions from J. San Miguel (ACG), G. Gil (ACG) 

and P. Crisalli (ACG) to the informational memorandum related to FY 2022 

fiscal plan initiatives.

Not in PR

3 Porter, Lucas 8/11/21 0.2 570.00 $ 114.00 $ Prepare summary table on FY 2022 fiscal plan fuel and purchased power cost 

forecast for F. Santos (PREPA).

Not in PR

3 Porter, Lucas 8/11/21 0.6 570.00 $ 342.00 $ Prepare a summary outline with responding comments for J. San Miguel (ACG) 

related to FY 2022 fiscal plan initiatives informational memorandum requested 

by F. Padilla (PREPA).

Not in PR

25 Keys, Jamie 8/11/21 2.7 330.00 $ 891.00 $ Review the current draft of the Ankura July 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

2 Crisalli, Paul 8/11/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

3 Gil, Gerard 8/11/21 0.6 500.00 $ 300.00 $ Review updated supporting materials and analyses in furtherance of the PREPA 

FY 2022 fiscal plan fuel procurement initiative.

PR

50 San Miguel, 

Jorge

8/11/21 0.3 620.00 $ 186.00 $ Participate in discussion with L. Porter (ACG) regarding the requests for 

information received from creditors related to FY 2022 fiscal plan model 

inquiries.

PR

3 Porter, Lucas 8/11/21 0.3 570.00 $ 171.00 $ Review and respond to request from G. Gil (ACG) related to PREPA FY 2022 

budget employment figures.

Not in PR

2 Crisalli, Paul 8/11/21 0.5 875.00 $ 437.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

50 San Miguel, 

Jorge

8/11/21 0.4 620.00 $ 248.00 $ Review list of RFIs received from creditor representative related to the fiscal 

plan model.

PR

3 Gil, Gerard 8/11/21 0.3 500.00 $ 150.00 $ Prepare notes on PREPA FY 2022 budget employment figures to reply to RFI 

from AAFAF.

PR

3 Porter, Lucas 8/11/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) related to the 

FY 2022 fuel procurement fiscal plan initiative memorandum requested by F. 

Padilla (PREPA).

Not in PR

3 San Miguel, 

Jorge

8/11/21 0.9 620.00 $ 558.00 $ Review and edit the draft memorandum related to the PREPA FY 2022 fiscal 

plan fuel procurement initiative.

PR

3 Gil, Gerard 8/11/21 0.5 500.00 $ 250.00 $ Participate on call with J. San Miguel (ACG) to discuss proposed changes and 

structure of the PREPA response letter to FOMB related to the FY 2022 fiscal 

plan fuel procurement initiative.

PR

Exhibit C

September 30, 2021 / #PR00050 14 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 152 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

25 Crisalli, Paul 8/11/21 0.5 875.00 $ 437.50 $ Review current draft of the Ankura eleventh interim fee application and provide 

comments to J. Keys (ACG).

Not in PR

3 San Miguel, 

Jorge

8/11/21 1.3 620.00 $ 806.00 $ Review and edit draft PREPA memorandum on status of fuel procurement FY 

2022 fiscal plan initiative.

PR

50 Keys, Jamie 8/11/21 1.2 330.00 $ 396.00 $ Prepare the weekly FEMA flash report for the week ended 8/6/21 for review by 

P. Crisalli (ACG).

Not in PR

50 Smith, James 8/11/21 0.4 750.00 $ 300.00 $ Review the weekly generation report and data received from L. Porter (ACG) in 

support of the creditor reporting workstream.

Not in PR

50 Gil, Gerard 8/11/21 0.7 500.00 $ 350.00 $ Participate on call with K. Bolanos (DV), Z. Marrero (DV) and J. Smith (ACG) 

to discuss PREPA regulatory matters in preparation for the 8/20/21 bi-weekly 

mediation call.

PR

3 Crisalli, Paul 8/11/21 0.7 875.00 $ 612.50 $ Review the PREPA Fuel RFI and RFP supporting materials and analyses in 

furtherance of the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Porter, Lucas 8/11/21 0.4 570.00 $ 228.00 $ Review the FY 2021 monthly implementation reports from N. Marino (ACG) to 

inform revisions to informational memorandum for F. Padilla (PREPA) 

regarding FY 2022 fiscal plan initiatives.

Not in PR

3 San Miguel, 

Jorge

8/11/21 0.5 620.00 $ 310.00 $ Review and analyze the 7/27/21 FOMB letter to PREPA regarding fuel 

procurement matters and requests for information to inform draft response.

PR

3 Porter, Lucas 8/11/21 2.6 570.00 $ 1,482.00 $ Revise narrative on FY 2022 fiscal plan initiatives procedural history for the 

informational memorandum requested by F. Padilla (PREPA). 

Not in PR

3 Gil, Gerard 8/11/21 0.2 500.00 $ 100.00 $ Participate in discussion with F. Santos (PREPA) regarding FY 2022 fiscal plan 

assumptions on generation costs.

PR

3 Crisalli, Paul 8/11/21 1.4 875.00 $ 1,225.00 $ Update the FO6 and diesel working capital analysis including delivery and 

payment trends based on review of the PREPA Fuels Office master payment 

schedule and other documents in support of the PREPA FY 2022 fiscal plan 

fuel procurement initiative.

Not in PR

50 Keys, Jamie 8/11/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly creditor 

package.

Not in PR

25 Crisalli, Paul 8/11/21 0.5 875.00 $ 437.50 $ Participate on call with J. Keys (ACG) to review the current draft of the Ankura 

eleventh interim fee application.

Not in PR

3 Gil, Gerard 8/11/21 0.6 500.00 $ 300.00 $ Participate on call with J. San Miguel (ACG), P. Crisalli (ACG) and L. Porter 

(ACG) to discuss revisions to the draft informational memorandum received 

from F. Padilla (PREPA) related to the FY 2022 fiscal plan fuel procurement 

initiative.

PR

3 Porter, Lucas 8/11/21 0.9 570.00 $ 513.00 $ Analyze the FY 2022 fiscal plan forecast information related to fuel and 

purchased power costs to inform response for F. Santos (PREPA).

Not in PR

3 San Miguel, 

Jorge

8/11/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) regarding the updated draft response 

from PREPA to FOMB related to the 7/27/21 letter on the FY 2022 fiscal plan 

fuel procurement initiative.

PR

3 Marino, 

Nicholas

8/11/21 1.1 495.00 $ 544.50 $ Review the PREB regulatory dockets following the PREB regulatory matters 

report received from K. Bolaños (DV) to inform fiscal plan reporting and 

analysis.

Not in PR

3 Crisalli, Paul 8/11/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) regarding the updated draft 

response from PREPA to FOMB related to the 7/27/21 letter on the FY 2022 

fiscal plan fuel procurement initiative.

Not in PR

3 Porter, Lucas 8/11/21 0.3 570.00 $ 171.00 $ Review the FY 2022 fiscal plan model to inform revisions to informational 

memorandum for F. Padilla (PREPA) regarding FY 2022 fiscal plan initiatives.

Not in PR

3 San Miguel, 

Jorge

8/11/21 0.4 620.00 $ 248.00 $ Review comments and edits from G. Gil (ACG) to draft response from PREPA 

to FOMB fuel procurement letter of 7/27/21.

PR

3 Crisalli, Paul 8/11/21 0.6 875.00 $ 525.00 $ Participate on call with G. Gil (ACG), J. San Miguel (ACG) and L. Porter 

(ACG) to discuss revisions to the draft informational memorandum received 

from F. Padilla (PREPA) related to the FY 2022 fiscal plan fuel procurement 

initiative.

Not in PR

3 Porter, Lucas 8/11/21 0.8 570.00 $ 456.00 $ Review the updated draft informational memorandum incorporating comments 

from G. Gil (ACG) and P. Crisalli (ACG) related to FY 2022 fiscal plan 

initiatives.

Not in PR

50 Crisalli, Paul 8/11/21 0.3 875.00 $ 262.50 $ Participate on telephone call with J. Keys (ACG) regarding changes to the 

FEMA flash report for the week ended 8/6/21.

Not in PR

50 Keys, Jamie 8/11/21 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to creditors.

Not in PR

2 Crisalli, Paul 8/11/21 0.4 875.00 $ 350.00 $ Finalize the cash flow reporting for week ended 8/6/21. Not in PR

3 Porter, Lucas 8/12/21 0.2 570.00 $ 114.00 $ Participate on call with J. San Miguel (ACG) regarding the fuel procurement FY 

2022 fiscal plan initiative update related to compliance status as requested by F. 

Padilla (PREPA).

Not in PR

3 Gil, Gerard 8/12/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) regarding next steps on FY 2022 fiscal 

plan implementation reporting based on discussion with FOMB and Luma 

representatives. 

PR

Exhibit C

September 30, 2021 / #PR00050 15 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 153 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

60 Dirlam, Josh 8/12/21 4.0 293.00 $ 1,172.00 $ Research and extract market data from Bloomberg to update FY 2019, FY 2020 

and FY 2021 client deliverable reports.

Not in PR

2 Crisalli, Paul 8/12/21 0.4 875.00 $ 350.00 $ Review the monthly bank balance reports as requested by AAFAF to provide 

comments to J. Keys (ACG).

Not in PR

3 Marino, 

Nicholas

8/12/21 1.4 495.00 $ 693.00 $ Revise tracker for the PREPA FY 2021 fiscal plan information request items 

from Alvarez & Marsal prior to distribution to Ankura team.

Not in PR

25 Keys, Jamie 8/12/21 1.3 330.00 $ 429.00 $ Review the current draft of the Ankura July 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

50 Porter, Lucas 8/12/21 0.2 570.00 $ 114.00 $ Participate on call with J. Smith (ACG) to discuss updates to generation system 

status in advance of the 8/20/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 8/12/21 0.3 875.00 $ 262.50 $ Participate on call with J. Keys (ACG) and E. Ortiz (PREPA) regarding status 

update on emergency-related vendor reporting for flash report and cash flow.

Not in PR

3 Porter, Lucas 8/12/21 0.6 570.00 $ 342.00 $ Prepare summary of renewable purchased power cost projections to inform 

response to F. Padilla (PREPA) and F. Santos (PREPA) related to the FY 2022 

fiscal plan renewable procurement initiative.

Not in PR

50 Porter, Lucas 8/12/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) regarding pending 

deliverables to inform creditor representative information requests and 

information sourced from Luma to prepare discussion points for the 8/20/21 biweekly mediation call.

Not in PR

50 Smith, James 8/12/21 0.3 750.00 $ 225.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

3 San Miguel, 

Jorge

8/12/21 0.8 620.00 $ 496.00 $ Participate on call with P. Crisalli (ACG) to discuss the FY 2022 fiscal plan and 

cash flow-related reporting requirement, roles and responsibilities.

PR

60 Dirlam, Josh 8/12/21 0.1 293.00 $ 29.30 $ Correspond with L. Costa (ACG) regarding first draft of the FY 2019 SWAP 

model valuation analysis for clarity on assumptions in the valuation model. 

Not in PR

60 Dirlam, Josh 8/12/21 1.0 293.00 $ 293.00 $ Update the FY 2019 SWAP model valuation analysis for review by L. Costa 

(ACG).

Not in PR

3 Porter, Lucas 8/12/21 1.8 570.00 $ 1,026.00 $ Develop analysis of FY 2022 fiscal plan fuel and purchased power cost 

projections to inform response to F. Padilla (PREPA) and F. Santos (PREPA) 

related to the FY 2022 fiscal plan renewable procurement initiative.

Not in PR

50 Porter, Lucas 8/12/21 0.9 570.00 $ 513.00 $ Prepare draft information request for Luma to inform the 8/20/21 bi-weekly 

mediation call.

Not in PR

3 Porter, Lucas 8/12/21 0.5 570.00 $ 285.00 $ Participate on calls with G. Gil (ACG) to discuss revisions to the informational 

memorandum on FY 2022 fiscal plan initiatives requested by F. Padilla 

(PREPA). 

Not in PR

2 Crisalli, Paul 8/12/21 0.5 875.00 $ 437.50 $ Update and reconcile the July 2021 actual cash receipts, disbursements and 

bank balances to inform cash flow and liquidity reporting as requested by 

AAFAF.

Not in PR

3 Marino, 

Nicholas

8/12/21 0.7 495.00 $ 346.50 $ Review the PREPA response to the 7/27/21 FOMB letter regarding the PREPA 

Fuel RFI and RFP to inform FY 2022 fiscal plan initiatives reporting.

Not in PR

3 San Miguel, 

Jorge

8/12/21 0.2 620.00 $ 124.00 $ Review comments received from PREPA management to the memorandum 

related to FY 2022 fuel procurement initiative compliance status.

PR

6 San Miguel, 

Jorge

8/12/21 1.3 620.00 $ 806.00 $ Participate in meeting with a member of the PREPA Board of Directors to 

discuss financial and operational reporting requirements included in the T&D 

O&M agreement.

PR

3 Porter, Lucas 8/12/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) regarding call with FOMB, PREPA 

and Luma representatives related to FY 2022 fiscal plan initiatives reporting.

Not in PR

50 Crisalli, Paul 8/12/21 0.6 875.00 $ 525.00 $ Perform initial review of the July 2021 accounts receivable source documents 

provided by Luma.

Not in PR

50 Keys, Jamie 8/12/21 0.6 330.00 $ 198.00 $ Prepare submission of the weekly excel files for FOMB reporting. Not in PR

6 Porter, Lucas 8/12/21 0.5 570.00 $ 285.00 $ Prepare responding information for V. Del Rio (CGSH) regarding account 

structure for development of the GridCo-GenCo Operating Agreement.

Not in PR

25 Parker, 

Christine

8/12/21 0.8 200.00 $ 160.00 $ Review current draft of Exhibits A, B and C of the Ankura July 2021 monthly 

fee statement prior to distribution to J. Keys (ACG).

Not in PR

3 Porter, Lucas 8/12/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) regarding next steps on FY 2022 fiscal 

plan implementation reporting based on discussion with FOMB and Luma 

representatives. 

Not in PR

50 Porter, Lucas 8/12/21 1.0 570.00 $ 570.00 $ Analyze FY 2022 fiscal plan financial projections to prepare exhibits for J. San 

Miguel (ACG) to inform the 8/20/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

8/12/21 0.4 620.00 $ 248.00 $ Review pending creditor information requests for discussion with L. Porter 

(ACG) and coordination with Luma to inform the 8/20/21 bi-weekly mediation 

call.

PR

Exhibit C

September 30, 2021 / #PR00050 16 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 154 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 8/12/21 0.7 500.00 $ 350.00 $ Prepare revisions to updated supporting materials and analyses in furtherance of 

the FY 2022 fiscal plan fuel procurement initiative.

PR

2 Crisalli, Paul 8/12/21 0.3 875.00 $ 262.50 $ Participate on call with J. Keys (ACG), E. Ortiz (PREPA), S. Diaz (ARI) and Y. 

Lugo (PREPA) regarding emergency and permanent work-related flash reports 

and cash flow and liquidity-related reporting.

Not in PR

6 Gil, Gerard 8/12/21 0.3 500.00 $ 150.00 $ Review the request for clarification received from V. Del Rio (CGSH) regarding 

account structure for development of the GridCo-GenCo Operating Agreement.

PR

3 Gil, Gerard 8/12/21 0.5 500.00 $ 250.00 $ Participate in meeting with F. Hernandez (FOMB), F. Ramirez (FOMB), Y. 

Hickey (FOMB), R. Zampierollo (PREPA), N. Morales (PREPA), N. Marino 

(ACG), L. Porter (ACG) and Luma representatives to discuss FOMB directives 

on FY 2022 fiscal plan reporting and implementation.

PR

3 Marino, 

Nicholas

8/12/21 0.5 495.00 $ 247.50 $ Participate in meeting with F. Hernandez (FOMB), F. Ramirez (FOMB), Y. 

Hickey (FOMB), R. Zampierollo (PREPA), N. Morales (PREPA), L. Porter 

(ACG), G. Gil (ACG) and Luma representatives to discuss FOMB directives on 

FY 2022 fiscal plan reporting and implementation.

Not in PR

2 Keys, Jamie 8/12/21 0.4 330.00 $ 132.00 $ Review the request from N. Morales (PREPA) regarding summaries of monthly 

accounts receivable reports.

Not in PR

50 San Miguel, 

Jorge

8/12/21 0.3 620.00 $ 186.00 $ Participate in discussion with L. Porter (ACG) regarding pending deliverables to 

inform creditor representative information requests and information sourced 

from Luma to prepare discussion points for the 8/20/21 bi-weekly mediation 

call.

PR

50 Smith, James 8/12/21 0.2 750.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss updates to generation system 

status in advance of the 8/20/21 bi-weekly mediation call.

Not in PR

6 Porter, Lucas 8/12/21 0.2 570.00 $ 114.00 $ Review and respond to request for clarification from V. Del Rio (CGSH) 

regarding account structure for development of the GridCo-GenCo Operating 

Agreement.

Not in PR

3 Crisalli, Paul 8/12/21 0.8 875.00 $ 700.00 $ Participate on call with J. San Miguel (ACG) to discuss the FY 2022 fiscal plan 

and cash flow-related reporting requirement, roles and responsibilities.

Not in PR

25 Parker, 

Christine

8/12/21 0.9 200.00 $ 180.00 $ Assemble additional time descriptions for the period 7/25/21 - 7/31/21 for 

inclusion in the Ankura July 2021 monthly fee statement.

Not in PR

3 Porter, Lucas 8/12/21 0.4 570.00 $ 228.00 $ Participate on call with A. Zabala (S&L) to discuss the status of PREPA fuel 

and renewable procurement initiatives to inform FY 2022 fiscal plan reporting.

Not in PR

3 Crisalli, Paul 8/12/21 1.3 875.00 $ 1,137.50 $ Participate in working session with J. San Miguel (ACG) and G. Gil (ACG) 

regarding the PREPA Fuel RFI and RFP supporting materials and analyses in 

furtherance of the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Gil, Gerard 8/12/21 0.5 500.00 $ 250.00 $ Participate on calls with L. Porter (ACG) to discuss revisions to the 

informational memorandum on FY 2022 fiscal plan initiatives requested by F. 

Padilla (PREPA). 

PR

2 Keys, Jamie 8/12/21 1.2 330.00 $ 396.00 $ Prepare the monthly bank account balance reports for review by P. Crisalli 

(ACG).

Not in PR

50 Smith, James 8/12/21 1.7 750.00 $ 1,275.00 $ Prepare the weekly fleet status report for N. Rivera (PREPA) and the Ankura 

team in support of the creditor reporting workstream. 

Not in PR

3 Porter, Lucas 8/12/21 0.7 570.00 $ 399.00 $ Review the FY 2022 fiscal plan fuel and purchased power costs projection data 

received from M. Saenz (Siemens) to inform responses to F. Padilla (PREPA) 

and F. Santos (PREPA) related to the FY 2022 fiscal plan renewable 

procurement initiative.

Not in PR

3 Porter, Lucas 8/12/21 1.2 570.00 $ 684.00 $ Finalize the informational memorandum related to the FY 2022 fiscal plan 

initiatives based on comments and suggestions received from G. Gil (ACG) and 

J. San Miguel (ACG) prior to submittal to F. Padilla (PREPA).

Not in PR

50 San Miguel, 

Jorge

8/12/21 0.6 620.00 $ 372.00 $ Review the weekly update reports on cash flow, accounts payable and bank 

accounts to inform creditor mediation call updates.

PR

3 San Miguel, 

Jorge

8/12/21 0.5 620.00 $ 310.00 $ Review materials related to fuel contracts and procurement process to analyze 

and support compliance with the FY 2022 fiscal plan initiative related to the 

fuel RFI and RFP process.

PR

50 Marino, 

Nicholas

8/12/21 0.4 495.00 $ 198.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 8/20/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

8/12/21 0.6 495.00 $ 297.00 $ Review the 7/27/21 FOMB letter to PREPA regarding the PREPA Fuel RFI and 

RFP to inform FY 2022 fiscal plan initiatives reporting.

Not in PR

3 Crisalli, Paul 8/12/21 0.6 875.00 $ 525.00 $ Prepare the post-certification fiscal plan reports for week ended 8/6/21. Not in PR

2 Keys, Jamie 8/12/21 0.3 330.00 $ 99.00 $ Participate on call with P. Crisalli (ACG) and E. Ortiz (PREPA) regarding status 

update on emergency-related vendor reporting for flash report and cash flow.

Not in PR

51 Keys, Jamie 8/12/21 0.5 330.00 $ 165.00 $ Participate in working session with S. Diaz (ARI) and N. Ortiz (I&I) regarding 

updates to emergency vendor information for use in the weekly FEMA flash 

report.

Not in PR

3 Gil, Gerard 8/12/21 0.8 500.00 $ 400.00 $ Review the informational memorandum related to the FY 2022 fiscal plan 

initiatives for submittal to F. Padilla (PREPA).

PR

Exhibit C

September 30, 2021 / #PR00050 17 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 155 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 San Miguel, 

Jorge

8/12/21 0.2 620.00 $ 124.00 $ Participate on call with L. Porter (ACG) regarding the fuel procurement FY 

2022 fiscal plan initiative update related to compliance status as requested by F. 

Padilla (PREPA).

PR

3 Porter, Lucas 8/12/21 0.5 570.00 $ 285.00 $ Participate in meeting with F. Hernandez (FOMB), F. Ramirez (FOMB), Y. 

Hickey (FOMB), R. Zampierollo (PREPA), N. Morales (PREPA), N. Marino 

(ACG), G. Gil (ACG) and Luma representatives to discuss FOMB directives on 

FY 2022 fiscal plan reporting and implementation.

Not in PR

3 Marino, 

Nicholas

8/12/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) regarding call with FOMB, PREPA and 

Luma representatives related to FY 2022 fiscal plan initiatives reporting.

Not in PR

3 Gil, Gerard 8/12/21 1.3 500.00 $ 650.00 $ Participate in working session with J. San Miguel (ACG) and P. Crisalli (ACG) 

regarding the PREPA Fuel RFI and RFP supporting materials and analyses in 

furtherance of the FY 2022 fiscal plan fuel procurement initiative.

PR

2 Keys, Jamie 8/12/21 0.3 330.00 $ 99.00 $ Participate on call with P. Crisalli (ACG), E. Ortiz (PREPA), S. Diaz (ARI) and 

Y. Lugo (PREPA) regarding emergency and permanent work-related flash 

reports and cash flow and liquidity-related reporting.

Not in PR

3 Crisalli, Paul 8/12/21 1.7 875.00 $ 1,487.50 $ Continue review of the PREPA Fuel RFI and RFP supporting materials and 

analyses in furtherance of the PREPA FY 2022 fiscal plan fuel procurement 

initiative.

Not in PR

3 Porter, Lucas 8/12/21 0.7 570.00 $ 399.00 $ Revise the informational memorandum on FY 2022 fiscal plan initiatives as 

requested by F. Padilla (PREPA).

Not in PR

2 Keys, Jamie 8/12/21 0.5 330.00 $ 165.00 $ Review the weekly liquidity and cash management reporting circulated by P. 

Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

8/12/21 1.3 620.00 $ 806.00 $ Participate in working session with P. Crisalli (ACG) and G. Gil (ACG) 

regarding the PREPA Fuel RFI and RFP supporting materials and analyses in 

furtherance of the FY 2022 fiscal plan fuel procurement initiative.

PR

3 Gil, Gerard 8/12/21 0.5 500.00 $ 250.00 $ Review analysis of the FY 2022 fiscal plan fuel and purchased power cost 

projections related to renewable procurement initiative for submission to F. 

Padilla (PREPA).

PR

3 San Miguel, 

Jorge

8/13/21 1.8 620.00 $ 1,116.00 $ Review and edit the draft financial and operational reporting presentation sent 

by P. Crisalli (ACG) to respond to request from N. Morales (PREPA) and 

PREPA Board of Directors representative.

PR

3 Porter, Lucas 8/13/21 0.8 570.00 $ 456.00 $ Review materials provided by F. Hernandez (FOMB) related to PREPA and 

Luma reporting requirements for the FY 2022 fiscal plan.

Not in PR

50 Smith, James 8/13/21 0.4 750.00 $ 300.00 $ Review follow-up questions from the 8/6/21 bi-weekly mediation call in support 

of creditor reporting workstream.

Not in PR

6 San Miguel, 

Jorge

8/13/21 0.4 620.00 $ 248.00 $ Review and provide comments to the RFI received from P3 Authority regarding 

P3 Authority generation transformation transaction data room materials.

PR

25 Keys, Jamie 8/13/21 1.6 330.00 $ 528.00 $ Finalize and prepare submission of the Ankura eleventh interim fee application. Not in PR

3 Gil, Gerard 8/13/21 0.7 500.00 $ 350.00 $ Review and provide input to L. Porter (ACG) and N. Marino (ACG) regarding 

FY 2022 fiscal plan implementation monthly report.

PR

25 Crisalli, Paul 8/13/21 0.7 875.00 $ 612.50 $ Finalize the Ankura eleventh interim fee application. Not in PR

50 Porter, Lucas 8/13/21 0.8 570.00 $ 456.00 $ Review regulatory filing documents provided by L. Guzman (PREPA) related to 

FY 2021 and FY 2022 fuel and purchased power costs to inform responses to 

AAFAF and O'Melveny & Myers and to inform the creditor reporting 

workstream.

Not in PR

6 Gil, Gerard 8/13/21 0.6 500.00 $ 300.00 $ Review and prepare initial responses to requests for clarification received from 

P3 Authority related to P3 Authority generation transformation transaction RFP 

due diligence. 

PR

2 San Miguel, 

Jorge

8/13/21 0.5 620.00 $ 310.00 $ Participate on calls with P. Crisalli (ACG) regarding the cash flow and liquidity 

reporting matrix related to budget versus actual reporting.

PR

50 Smith, James 8/13/21 1.1 750.00 $ 825.00 $ Review technical hearings (partial) on model bill and unbundling and 

supporting material in support of the creditor reporting workstream.

Not in PR

3 San Miguel, 

Jorge

8/13/21 0.6 620.00 $ 372.00 $ Revise the draft outline of reporting obligation tracker and template to respond 

to PREPA Board of Directors request and N. Morales (PREPA).

PR

50 Keys, Jamie 8/13/21 3.3 330.00 $ 1,089.00 $ Prepare the monthly accounts receivable reports due on the 8/27/21 for review 

by P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 8/13/21 0.3 570.00 $ 171.00 $ Review the initial draft monthly reporting template from N. Marino (ACG) 

related to FY 2022 fiscal plan initiative implementation.

Not in PR

51 Crisalli, Paul 8/13/21 1.2 875.00 $ 1,050.00 $ Participate on call with J. Keys (ACG), S. Diaz (ARI) and N. Ortiz (I&I) 

regarding emergency vendor project worksheet trackers, invoice review, FEMA 

reimbursements and related supporting analyses.

Not in PR

2 Keys, Jamie 8/13/21 0.2 330.00 $ 66.00 $ Correspond with R. Lopez (CM) regarding the monthly PREPA bank balance 

report per request from AAFAF.

Not in PR

3 Gil, Gerard 8/13/21 0.6 500.00 $ 300.00 $ Review materials provided by F. Hernandez (FOMB) related to PREPA and 

Luma reporting requirements for the FY 2022 fiscal plan.

PR

Exhibit C

September 30, 2021 / #PR00050 18 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 156 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

8/13/21 1.7 495.00 $ 841.50 $ Continue preparing the master working file related to PREPA monthly reporting 

for FY 2022 fiscal plan implementation initiatives.

Not in PR

50 Marino, 

Nicholas

8/13/21 0.9 495.00 $ 445.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 8/20/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 8/13/21 1.8 875.00 $ 1,575.00 $ Develop template for the accounts receivable reporting presentation requested 

by N. Morales (PREPA).

Not in PR

3 Porter, Lucas 8/13/21 0.4 570.00 $ 228.00 $ Prepare request for reporting template to N. Marino (ACG) regarding monthly 

FY 2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 8/13/21 0.6 875.00 $ 525.00 $ Develop the cash flow and liquidity-related budget versus actual reporting 

matrix template.

Not in PR

3 Marino, 

Nicholas

8/13/21 0.2 495.00 $ 99.00 $ Review the FOMB's FY 2022 budget-to-actual and fiscal plan report 

presentations to inform PREPA's FY 2022 fiscal plan initiatives reporting.

Not in PR

50 San Miguel, 

Jorge

8/13/21 0.4 620.00 $ 248.00 $ Review and edit draft information request from creditor stakeholders related to 

budgeting matters.

PR

3 San Miguel, 

Jorge

8/13/21 0.5 620.00 $ 310.00 $ Participate in discussion with PREPA Board of Directors representative 

regarding reporting requirements and transition committee matters for 

compliance with the T&D O&M agreement and the FY 2022 fiscal plan.

PR

6 Porter, Lucas 8/13/21 0.5 570.00 $ 285.00 $ Review and respond to requests for clarification received from G. Gil (ACG) 

related to P3 Authority generation transformation transaction RFP due diligence. 

Not in PR

51 Keys, Jamie 8/13/21 1.2 330.00 $ 396.00 $ Participate on call with P. Crisalli (ACG), S. Diaz (ARI) and N. Ortiz (I&I) 

regarding emergency vendor project worksheet trackers, invoice review, FEMA 

reimbursements and related supporting analyses.

Not in PR

50 Porter, Lucas 8/13/21 1.7 570.00 $ 969.00 $ Revise analysis of FY 2021 and FY 2022 fuel and purchased power cost related 

regulatory filings to inform responses to AAFAF and O'Melveny & Myers and to 

inform the creditor reporting workstream.

Not in PR

3 Marino, 

Nicholas

8/13/21 2.1 495.00 $ 1,039.50 $ Prepare master working file related to PREPA monthly reporting for FY 2022 

fiscal plan implementation initiatives.

Not in PR

50 Keys, Jamie 8/13/21 1.8 330.00 $ 594.00 $ Prepare the monthly accounts receivable reports due on 8/15/21 for review by P. 

Crisalli (ACG).

Not in PR

50 Porter, Lucas 8/13/21 0.3 570.00 $ 171.00 $ Prepare and send comments on fuel and purchased power cost regulatory filings 

to P. Crisalli (ACG) to inform responses to AAFAF and O'Melveny & Myers 

and to inform the creditor reporting workstream.

Not in PR

2 Crisalli, Paul 8/13/21 0.5 875.00 $ 437.50 $ Participate on calls with J. San Miguel (ACG) regarding the cash flow and 

liquidity reporting matrix related to budget versus actual reporting.

Not in PR

2 Crisalli, Paul 8/14/21 0.6 875.00 $ 525.00 $ Update the cash flow and liquidity-related budget versus actual reporting matrix 

template.

Not in PR

50 Porter, Lucas 8/15/21 0.5 570.00 $ 285.00 $ Prepare and submit information request to D. Miller (Luma) and other Luma 

representatives related to FY 2022 budget for responses to questions raised 

during mediation discussions.

Not in PR

3 Smith, James 8/15/21 1.5 750.00 $ 1,125.00 $ Develop inputs to reporting matrix from J. San Miguel (ACG) requested by R. 

Kreil (PREPA) to inform discussions on FY 2022 fiscal plan implementation 

reporting requirements and data sources.

Not in PR

3 Porter, Lucas 8/15/21 0.8 570.00 $ 456.00 $ Develop inputs to reporting matrix from J. San Miguel (ACG) requested by R. 

Kreil (PREPA) to inform discussions on FY 2022 fiscal plan implementation 

reporting requirements and data sources.

Not in PR

3 Crisalli, Paul 8/16/21 0.5 875.00 $ 437.50 $ Participate on call with N. Morales (PREPA), R. Zampierollo (PREPA), J. 

Adrover (PREPA), L. Bauer (NR), J. San Miguel (ACG), L. Porter (ACG) and 

G. Gil (ACG) to discuss PREPA historical financial information needed to 

develop the Disclosure Statement for implementation of FY 2022 fiscal plan 

objectives.

Not in PR

3 Porter, Lucas 8/16/21 1.5 570.00 $ 855.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

N. Marino (ACG) to develop monthly reporting package for FY 2022 fiscal plan 

initiative implementation.

Not in PR

3 Gil, Gerard 8/16/21 0.5 500.00 $ 250.00 $ Review PREPA historical financial and operational report sent by N. Morales 

(PREPA) related to the Disclosure Statement for implementation of FY 2022 

fiscal plan objectives in preparation for upcoming conference call.

PR

50 Keys, Jamie 8/16/21 0.7 330.00 $ 231.00 $ Participate on telephone call with S. Diaz (ARI) regarding expected funding 

related to local contractors for use in the weekly FEMA flash report.

Not in PR

2 Crisalli, Paul 8/16/21 0.9 875.00 $ 787.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

3 Porter, Lucas 8/16/21 1.2 570.00 $ 684.00 $ Revise the draft reporting matrix from J. San Miguel (ACG) as requested by R. 

Kreil (PREPA) to inform discussions on FY 2022 fiscal plan implementation 

reporting requirements and data sources.

Not in PR

51 Keys, Jamie 8/16/21 0.8 330.00 $ 264.00 $ Review the latest emergency vendor invoice summary provided by N. Ortiz 

(I&I) for use in the weekly FEMA flash report.

Not in PR

2 Crisalli, Paul 8/16/21 0.5 875.00 $ 437.50 $ Participate on call with N. Morales (PREPA) regarding June 2021 accounts 

receivable presentation materials.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 19 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 157 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 8/16/21 0.3 570.00 $ 171.00 $ Participate on call with P. Crisalli (ACG) to discuss FY 2022 fiscal plan 

reporting requirements and associated financial reports.

Not in PR

3 Porter, Lucas 8/16/21 2.4 570.00 $ 1,368.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

N. Marino (ACG) to revise monthly reporting package for FY 2022 fiscal plan 

initiative implementation.

Not in PR

2 Crisalli, Paul 8/16/21 3.3 875.00 $ 2,887.50 $ Develop the supporting analyses and update presentation materials for General 

Client accounts receivable as requested by N. Morales (PREPA).

Not in PR

6 Porter, Lucas 8/16/21 0.4 570.00 $ 228.00 $ Prepare responding information for V. Del Rio (CGSH) to inform development 

of the GridCo-GenCo Operating Agreement.

Not in PR

3 Crisalli, Paul 8/16/21 0.6 875.00 $ 525.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting (partial).

Not in PR

50 Smith, James 8/16/21 0.3 750.00 $ 225.00 $ Review generation operations and outage reports received from G. Soto (Luma) 

and other publicly available information in support of the creditor reporting 

workstream.

Not in PR

3 Keys, Jamie 8/16/21 1.0 330.00 $ 330.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Porter, Lucas 8/16/21 1.9 570.00 $ 1,083.00 $ Revise the draft monthly reporting package provided by N. Marino (ACG) to 

include comments and information from F. Padilla (PREPA) and R. Zampierollo 

(PREPA) for FY 2022 fiscal plan initiative implementation.

Not in PR

3 San Miguel, 

Jorge

8/16/21 0.8 620.00 $ 496.00 $ Review and provide comments to the updated reporting memorandum to L. 

Porter (ACG) and P. Crisalli (ACG) to inform deliverable to the PREPA Board 

of Directors and N. Morales (PREPA).

PR

2 Crisalli, Paul 8/16/21 2.5 875.00 $ 2,187.50 $ Develop the supporting analyses and update presentation materials for 

Government Client accounts receivable as requested by N. Morales (PREPA).

Not in PR

50 Smith, James 8/16/21 1.4 750.00 $ 1,050.00 $ Prepare initial draft notes for the 8/20/21 bi-weekly mediation call based on 

notes from prior call and current information about the T&D transaction 

transition.

Not in PR

3 Porter, Lucas 8/16/21 0.5 570.00 $ 285.00 $ Review PREPA historical financial information provided by N. Morales 

(PREPA) related to the Disclosure Statement for implementation of FY 2022 

fiscal plan objectives. 

Not in PR

3 Marino, 

Nicholas

8/16/21 1.4 495.00 $ 693.00 $ Update the master working file for PREPA monthly reporting for FY 2022 fiscal 

plan implementation initiatives related to the PREPA FY 2022 fiscal plan 

initiatives August 2021 reporting submission.

Not in PR

2 Keys, Jamie 8/16/21 1.4 330.00 $ 462.00 $ Prepare the weekly cash flow outputs for the week ended 8/13/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Crisalli, Paul 8/16/21 0.3 875.00 $ 262.50 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan reporting 

requirements and associated financial reports.

Not in PR

3 Crisalli, Paul 8/16/21 0.2 875.00 $ 175.00 $ Participate on call with G. Gil (ACG) to discuss next steps regarding PREPA 

Annual Financial Information and Operating Data Report-related requests 

received from N. Morales (PREPA) to advance FY 2022 fiscal plan objectives.

Not in PR

3 Smith, James 8/16/21 1.0 750.00 $ 750.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 San Miguel, 

Jorge

8/16/21 0.5 620.00 $ 310.00 $ Participate on call with N. Morales (PREPA), R. Zampierollo (PREPA), J. 

Adrover (PREPA), L. Bauer (NR), L. Porter (ACG), P. Crisalli (ACG) and G. 

Gil (ACG) to discuss PREPA historical financial information needed to develop 

the Disclosure Statement for implementation of FY 2022 fiscal plan objectives.

PR

3 Crisalli, Paul 8/16/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to discuss development of draft 

reporting memorandum requested by N. Morales (PREPA) and a member of the 

PREPA Board of Directors related to the FY 2022 fiscal plan.

Not in PR

3 Gil, Gerard 8/16/21 0.8 500.00 $ 400.00 $ Review FY 2022 fiscal plan reporting materials for upcoming working session 

with R. Zampierollo (PREPA) to finalize and submit to FOMB.

PR

3 Gil, Gerard 8/16/21 1.0 500.00 $ 500.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

50 Crisalli, Paul 8/16/21 1.7 875.00 $ 1,487.50 $ Review the July 2021 active, inactive and Government Client accounts 

receivable aging reports and provide comments to D. Miller (Luma) and N. 

Morales (PREPA).

Not in PR

3 Marino, 

Nicholas

8/16/21 2.4 495.00 $ 1,188.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

L. Porter (ACG) to revise monthly reporting package for FY 2022 fiscal plan 

initiative implementation.

Not in PR

3 Gil, Gerard 8/16/21 1.5 500.00 $ 750.00 $ Participate in working session with R. Zampierollo (PREPA), L. Porter (ACG) 

and N. Marino (ACG) to develop monthly reporting package for FY 2022 fiscal 

plan initiative implementation.

PR

3 Gil, Gerard 8/16/21 0.5 500.00 $ 250.00 $ Review and provide input on the draft reporting matrix requested by R. Kreil 

(PREPA) to inform discussions on FY 2022 fiscal plan implementation 

reporting requirements and data sources.

PR

Exhibit C

September 30, 2021 / #PR00050 20 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 158 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 8/16/21 0.2 875.00 $ 175.00 $ Correspond with J. Roque (Luma) regarding disbursement classifications 

included in the daily cash flow report.

Not in PR

3 Gil, Gerard 8/16/21 0.2 500.00 $ 100.00 $ Participate on call with P. Crisalli (ACG) to discuss next steps regarding 

PREPA Annual Financial Information and Operating Data Report-related 

requests received from N. Morales (PREPA) to advance FY 2022 fiscal plan 

objectives.

PR

3 San Miguel, 

Jorge

8/16/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding the draft reporting 

memorandum and reporting requirements included in the T&D O&M agreement 

and the FY 2022 certified fiscal plan.

PR

2 San Miguel, 

Jorge

8/16/21 0.4 620.00 $ 248.00 $ Review pending cash flow deliverables due from Luma and response from 

Luma to inform cash flow reporting and update process requested by N. Morales 

(PREPA) and the PREPA Board of Directors.

PR

2 Crisalli, Paul 8/16/21 0.8 875.00 $ 700.00 $ Develop templates for the cash flow and liquidity reports for the week ended 

8/13/21.

Not in PR

6 Porter, Lucas 8/16/21 0.3 570.00 $ 171.00 $ Prepare and send requests for information to N. Morales (PREPA) and S. 

Rodriguez (PREPA) to inform development of the GridCo-GenCo Operating 

Agreement.

Not in PR

3 Porter, Lucas 8/16/21 1.0 570.00 $ 570.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 San Miguel, 

Jorge

8/16/21 1.0 620.00 $ 620.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

3 Gil, Gerard 8/16/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding the draft reporting 

memorandum and reporting requirements included in the T&D O&M agreement 

and the FY 2022 certified fiscal plan.

PR

51 Keys, Jamie 8/16/21 0.4 330.00 $ 132.00 $ Review the latest emergency vendor invoice supporting details for use in weekly 

reporting.

Not in PR

3 Gil, Gerard 8/16/21 2.4 500.00 $ 1,200.00 $ Participate in working session with R. Zampierollo (PREPA), L. Porter (ACG) 

and N. Marino (ACG) to revise monthly reporting package for FY 2022 fiscal 

plan initiative implementation.

PR

50 Keys, Jamie 8/16/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding the monthly accounts receivable 

reports for distribution.

Not in PR

3 Marino, 

Nicholas

8/16/21 1.0 495.00 $ 495.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Marino, 

Nicholas

8/16/21 1.4 495.00 $ 693.00 $ Revise the master working file related to PREPA monthly reporting for FY 2022 

fiscal plan implementation initiatives as requested by L. Porter (ACG).

Not in PR

3 San Miguel, 

Jorge

8/16/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) to discuss development of draft 

reporting memorandum requested by N. Morales (PREPA) and a member of the 

PREPA Board of Directors related to the FY 2022 fiscal plan.

PR

3 Gil, Gerard 8/16/21 0.7 500.00 $ 350.00 $ Revise the draft monthly reporting package on FY 2022 fiscal plan initiative 

implementation for submission to FOMB.

PR

3 Gil, Gerard 8/16/21 0.5 500.00 $ 250.00 $ Participate on call with N. Morales (PREPA), R. Zampierollo (PREPA), J. 

Adrover (PREPA), L. Bauer (NR), J. San Miguel (ACG), P. Crisalli (ACG) and 

L. Porter (ACG) to discuss PREPA historical financial information needed to 

develop the Disclosure Statement for implementation of FY 2022 fiscal plan 

objectives.

PR

3 Marino, 

Nicholas

8/16/21 1.5 495.00 $ 742.50 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

L. Porter (ACG) to develop monthly reporting package for FY 2022 fiscal plan 

initiative implementation.

Not in PR

3 Porter, Lucas 8/16/21 0.5 570.00 $ 285.00 $ Participate on call with N. Morales (PREPA), R. Zampierollo (PREPA), J. 

Adrover (PREPA), L. Bauer (NR), J. San Miguel (ACG), P. Crisalli (ACG) and 

G. Gil (ACG) to discuss PREPA historical financial information needed to 

develop the Disclosure Statement for implementation of FY 2022 fiscal plan 

objectives. 

Not in PR

3 Crisalli, Paul 8/17/21 0.8 875.00 $ 700.00 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss the 

working capital analysis for FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Marino, 

Nicholas

8/17/21 2.2 495.00 $ 1,089.00 $ Aggregate and extract financial tables from prior Annual Financial Information 

and Operating Data Reports to assist with update through FY 2018.

Not in PR

50 Keys, Jamie 8/17/21 0.9 330.00 $ 297.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to emergency 

project worksheets for use during the 8/20/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 8/17/21 1.1 875.00 $ 962.50 $ Develop the executive summary for the June 2021 accounts receivable report 

requested by N. Morales (PREPA).

Not in PR

2 Crisalli, Paul 8/17/21 0.7 875.00 $ 612.50 $ Review final June 2021 accounts receivable presentation materials prior to 

distribution to N. Morales (PREPA).

Not in PR

2 Crisalli, Paul 8/17/21 0.3 875.00 $ 262.50 $ Review the accounts payable aging report for 8/17/21 to inform cash flow 

reporting.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 21 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 159 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Marino, 

Nicholas

8/17/21 1.4 495.00 $ 693.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 8/20/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 8/17/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss takeaways from meeting with 

F. Padilla (PREPA) regarding PREPA FY 2022 fiscal plan implementation 

status.

PR

51 Gil, Gerard 8/17/21 0.5 500.00 $ 250.00 $ Participate on the weekly conference call with J. San Miguel (ACG) and various 

representatives of King & Spalding, PREPA and other PREPA advisors to 

discuss federal funding matters, challenges and next steps.

PR

6 San Miguel, 

Jorge

8/17/21 0.7 620.00 $ 434.00 $ Review the independent engineering reports for PREPA fleet circulated by L. 

Bledin (S&L) in connection with the P3 Authority generation transformation 

transaction.

PR

50 San Miguel, 

Jorge

8/17/21 0.4 620.00 $ 248.00 $ Review the updated accounts receivable report for June 2021 received from P. 

Crisalli (ACG) to inform the 8/20/21 bi-weekly mediation call.

PR

6 Porter, Lucas 8/17/21 0.3 570.00 $ 171.00 $ Participate on call with N. Morales (PREPA) to discuss service account 

structure for the P3 Authority generation transformation transaction RFP.

Not in PR

3 Gil, Gerard 8/17/21 0.7 500.00 $ 350.00 $ Prepare agenda and review pertinent materials for conference call with F. 

Padilla (PREPA) regarding FY 2022 fiscal plan implementation.

PR

60 Costa, Lindsey 8/17/21 1.0 460.00 $ 460.00 $ Review the FY 2018 SWAP valuation models and report. Not in PR

25 Crisalli, Paul 8/17/21 3.8 875.00 $ 3,325.00 $ Review Exhibits A, B and C to the Ankura July 2021 monthly fee statement. Not in PR

6 San Miguel, 

Jorge

8/17/21 0.6 620.00 $ 372.00 $ Review insurance provisions pursuant to draft Generation operating agreement 

for discussion with S. Rodriguez (PREPA) to inform response to P3 Authority 

in support of the P3 Authority generation transformation transaction.

PR

50 Smith, James 8/17/21 1.0 750.00 $ 750.00 $ Review the PREB regulatory docket and hearing in regards to Luma vegetation 

management plan in preparation for the 8/20/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 8/17/21 0.2 875.00 $ 175.00 $ Correspond with J. Roque (Luma) regarding the operating cash balances and 

budget versus actual cash flow variance open items.

Not in PR

3 Marino, 

Nicholas

8/17/21 0.6 495.00 $ 297.00 $ Review prior Annual Financial Information and Operating Data Reports to 

inform request to update materials through FY 2018.

Not in PR

2 Keys, Jamie 8/17/21 2.1 330.00 $ 693.00 $ Review the June 2021 accounts receivable overview report distributed by P. 

Crisalli (ACG) to N. Morales (PREPA) to inform cash flow reporting, billing 

and collections.

Not in PR

3 Gil, Gerard 8/17/21 0.4 500.00 $ 200.00 $ Review the draft summary table from N. Marino (ACG) regarding fiscal plan 

fuel procurement initiatives requested by F. Padilla (PREPA).

PR

3 Porter, Lucas 8/17/21 0.3 570.00 $ 171.00 $ Prepare and send additional comments to G. Gil (ACG) in advance of meetings 

with F. Padilla (PREPA) regarding PREPA FY 2022 fiscal plan implementation 

status.

Not in PR

3 Porter, Lucas 8/17/21 0.3 570.00 $ 171.00 $ Review notes from G. Gil (ACG) regarding PREPA FY 2022 fiscal plan 

implementation status for call with F. Padilla (PREPA). 

Not in PR

3 Marino, 

Nicholas

8/17/21 1.5 495.00 $ 742.50 $ Develop summary of FOMB recommendations and PREPA responding actions 

related to the fuel procurement RFI and RFP.

Not in PR

2 Porter, Lucas 8/17/21 0.6 570.00 $ 342.00 $ Review draft summary presentation on accounts receivable from P. Crisalli 

(ACG) requested by N. Morales (PREPA) to inform cash flow and fiscal plan 

reporting.

Not in PR

3 San Miguel, 

Jorge

8/17/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding fuel procurement RFP 

developments to inform compliance with the FY 2022 fiscal plan initiative.

PR

2 Crisalli, Paul 8/17/21 0.4 875.00 $ 350.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

6 San Miguel, 

Jorge

8/17/21 0.3 620.00 $ 186.00 $ Participate on call with J. Sanchez (PREPA), F. Correa (PREPA), J. Vazquez 

(PREPA), L. Bledin (S&L), G. Gil (ACG) and L. Porter (ACG) to discuss status 

of due diligence reports and studies required for execution of the P3 Authority 

generation transformation transaction O&M agreement.

PR

3 Gil, Gerard 8/17/21 0.8 500.00 $ 400.00 $ Participate on weekly conference call led by F. Padilla (PREPA), with other 

members of the PREPA advisory team, to discuss open workstreams and next 

steps regarding FY 2022 fiscal plan implementation.

PR

25 Keys, Jamie 8/17/21 1.3 330.00 $ 429.00 $ Prepare the template for the Ankura twelfth interim fee application for 

distribution to Ankura team for comments.

Not in PR

3 Porter, Lucas 8/17/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss takeaways from meeting with F. 

Padilla (PREPA) regarding PREPA FY 2022 fiscal plan implementation status. 

Not in PR

2 Crisalli, Paul 8/17/21 1.7 875.00 $ 1,487.50 $ Update the supporting analyses and revise presentation materials for 

Government Client accounts receivable as requested by N. Morales (PREPA).

Not in PR

50 Smith, James 8/17/21 1.8 750.00 $ 1,350.00 $ Update draft notes for the 8/20/21 bi-weekly mediation call based on updated 

regulatory filings and information received from PREPA.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 22 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 160 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

8/17/21 0.6 620.00 $ 372.00 $ Review and provide comments to the updated weekly cash flow report, 

circulated by P. Crisalli (ACG), to inform discussion points during the 8/20/21 

bi-weekly mediation call.

PR

2 Crisalli, Paul 8/17/21 0.6 875.00 $ 525.00 $ Prepare correspondence with Luma and PREPA regarding the weekly cash flow 

budget versus actual reports.

Not in PR

60 Costa, Lindsey 8/17/21 0.1 460.00 $ 46.00 $ Prepare FY 2019 data folder with prior year deliverables and client information 

to inform client deliverables in preparation for kick off call on 8/20/21.

Not in PR

3 Porter, Lucas 8/17/21 0.8 570.00 $ 456.00 $ Participate on call with P. Crisalli (ACG) and G. Gil (ACG) to discuss the 

working capital analysis for FY 2022 fiscal plan fuel procurement initiative.

Not in PR

2 Gil, Gerard 8/17/21 0.4 500.00 $ 200.00 $ Review the draft summary presentation on accounts receivable requested by N. 

Morales (PREPA) to inform cash flow and fiscal plan reporting.

PR

6 Porter, Lucas 8/17/21 0.3 570.00 $ 171.00 $ Participate on call with J. Sanchez (PREPA), F. Correa (PREPA), J. Vazquez 

(PREPA), L. Bledin (S&L), J. San Miguel (ACG) and G. Gil (ACG) to discuss 

status of due diligence reports and studies required for execution of the P3 

Authority generation transformation transaction O&M agreement.

Not in PR

3 Gil, Gerard 8/17/21 0.8 500.00 $ 400.00 $ Participate on call with P. Crisalli (ACG) and L. Porter (ACG) to discuss the 

working capital analysis for FY 2022 fiscal plan fuel procurement initiative.

PR

3 Gil, Gerard 8/17/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding fuel procurement 

RFP developments to inform compliance with the FY 2022 fiscal plan initiative.

PR

50 San Miguel, 

Jorge

8/17/21 0.3 620.00 $ 186.00 $ Review the IEFFA report on Luma T&D transaction to inform the agenda for the 

8/20/21 bi-weekly mediation call.

PR

3 Porter, Lucas 8/17/21 0.6 570.00 $ 342.00 $ Review draft summary table from N. Marino (ACG) regarding fuel procurement 

initiatives requested by F. Padilla (PREPA).

Not in PR

51 San Miguel, 

Jorge

8/17/21 0.5 620.00 $ 310.00 $ Participate on the weekly conference call with G. Gil (ACG) and various 

representatives of King & Spalding, PREPA and other PREPA advisors to 

discuss federal funding matters, challenges and next steps.

PR

6 Gil, Gerard 8/17/21 0.3 500.00 $ 150.00 $ Participate on call with J. Sanchez (PREPA), F. Correa (PREPA), J. Vazquez 

(PREPA), L. Bledin (S&L), J. San Miguel (ACG) and L. Porter (ACG) to 

discuss status of due diligence reports and studies required for execution of the 

P3 Authority generation transformation transaction O&M agreement.

PR

50 Crisalli, Paul 8/17/21 1.1 875.00 $ 962.50 $ Prepare analysis and related correspondence with D. Miller (Luma) regarding 

Government accounts receivable aging for July 2021.

Not in PR

6 San Miguel, 

Jorge

8/18/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Morales (PREPA) regarding coordination of 

work and record keeping between P3 Authority, PREPA and Luma under the 

T&D O&M agreement.

PR

50 Smith, James 8/18/21 0.5 750.00 $ 375.00 $ Participate on call with J. San Miguel (ACG) to discuss updates in regulatory, 

operational and financial matters in preparation for the 8/20/21 bi-weekly 

mediation call.

Not in PR

50 Keys, Jamie 8/18/21 0.6 330.00 $ 198.00 $ Review the monthly accounts receivable reports prior to distribution to creditors. Not in PR

3 Porter, Lucas 8/18/21 1.1 570.00 $ 627.00 $ Participate in meeting with A. Zabala (S&L), K. Hernandez (S&L), P. Crisalli 

(ACG) and G. Gil (ACG) to discuss preliminary analysis related to the FY 2022 

fiscal plan fuel procurement initiative.

Not in PR

3 Porter, Lucas 8/18/21 0.4 570.00 $ 228.00 $ Prepare and send responding comments to G. Gil (ACG) related to FY 2022 

fiscal plan fuel procurement initiative for FOMB.

Not in PR

3 Gil, Gerard 8/18/21 0.4 500.00 $ 200.00 $ Review the PREB docket on renewables procurement to inform FY 2022 fiscal 

plan implementation.

PR

50 San Miguel, 

Jorge

8/18/21 0.3 620.00 $ 186.00 $ Review and provide comments to the response related to customer collection 

efforts from Luma to inform the 8/20/21 bi-weekly mediation call.

PR

2 Crisalli, Paul 8/18/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

25 Crisalli, Paul 8/18/21 1.0 875.00 $ 875.00 $ Continue review of Exhibit C to the Ankura July 2021 monthly fee statement. Not in PR

50 Marino, 

Nicholas

8/18/21 1.2 495.00 $ 594.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 8/20/21 bi-weekly mediation call.

Not in PR

50 Crisalli, Paul 8/18/21 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding the requests for 

information received from creditor stakeholders related to the customer 

collection process and federal subsidy program.

Not in PR

50 San Miguel, 

Jorge

8/18/21 0.6 620.00 $ 372.00 $ Review various regulatory updates sent by K. Bolanos (DV) to inform the 

8/20/21 bi-weekly mediation call.

PR

3 San Miguel, 

Jorge

8/18/21 0.6 620.00 $ 372.00 $ Participate on call with G. Gil (ACG) regarding FY 2022 fiscal plan renewables 

and fuel procurement initiatives. 

PR

Exhibit C

September 30, 2021 / #PR00050 23 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 161 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 8/18/21 1.5 570.00 $ 855.00 $ Prepare the generation operational report for the week ended 8/15/21 based on 

data from G. Soto (Luma) for the FOMB as required by the PREPA FY 2022 

certified fiscal plan.

Not in PR

50 San Miguel, 

Jorge

8/18/21 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding the requests for 

information received from creditor stakeholders related to the customer 

collection process and federal subsidy program.

PR

50 Crisalli, Paul 8/18/21 0.6 875.00 $ 525.00 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

50 Porter, Lucas 8/18/21 1.1 570.00 $ 627.00 $ Review Luma budget filing with PREB to inform responses to requests for 

clarification on PREPA FY 2022 budget in advance of the 8/20/21 bi-weekly 

mediation call.

Not in PR

50 Keys, Jamie 8/18/21 1.3 330.00 $ 429.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to the 

earthquake peaking unit analysis to inform the supporting materials for the 

8/20/21 bi-weekly mediation call.

Not in PR

50 Crisalli, Paul 8/18/21 3.2 875.00 $ 2,800.00 $ Review and prepare supporting analyses for monthly accounts receivable reports 

for residential, commercial, industrial, government and other customers.

Not in PR

3 Crisalli, Paul 8/18/21 1.1 875.00 $ 962.50 $ Participate in meeting with A. Zabala (S&L), K. Hernandez (S&L), G. Gil 

(ACG) and L. Porter (ACG) to discuss preliminary analysis related to the FY 

2022 fiscal plan fuel procurement initiative.

Not in PR

50 Smith, James 8/18/21 0.7 750.00 $ 525.00 $ Review news and other public information regarding the Luma and PREPA 

operations in preparation for the 8/20/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 8/18/21 0.4 500.00 $ 200.00 $ Review the fuel procurement initiatives-related analysis to advance FY 2022 

fiscal plan implementation.

PR

50 San Miguel, 

Jorge

8/18/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) regarding the financial statement 

audit update to inform the 8/20/21 bi-weekly mediation call.

PR

3 Gil, Gerard 8/18/21 1.2 500.00 $ 600.00 $ Review labor expenses and related materials to inform potential responses to 

RFI from FOMB.

PR

50 Porter, Lucas 8/18/21 0.5 570.00 $ 285.00 $ Prepare and send request for clarifications to D. Miller (Luma) and other Luma 

representatives related to FY 2022 budget to inform the 8/20/21 bi-weekly 

mediation call.

Not in PR

50 Keys, Jamie 8/18/21 0.5 330.00 $ 165.00 $ Participate on calls with P. Crisalli (ACG) regarding open items related to the 

FEMA flash report and related supporting documents.

Not in PR

3 Porter, Lucas 8/18/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) to discuss the working capital analysis 

related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

50 Keys, Jamie 8/18/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding the monthly accounts receivable 

reports.

Not in PR

50 Keys, Jamie 8/18/21 0.2 330.00 $ 66.00 $ Correspond with N. Morales (PREPA) regarding changes to the weekly FEMA 

flash report.

Not in PR

51 San Miguel, 

Jorge

8/18/21 0.4 620.00 $ 248.00 $ Participate on call with former COR3 representative regarding federal funding 

announcement supporting PREPA expenses related to the COVID pandemic.

PR

50 Keys, Jamie 8/18/21 0.6 330.00 $ 198.00 $ Review the current draft of the cash and liquidity section of the 8/20/21 biweekly mediation call agenda and provide comments to P. Crisalli (ACG) 

regarding the same.

Not in PR

3 Gil, Gerard 8/18/21 0.2 500.00 $ 100.00 $ Participate on call with E. Paredes (PREPA) to discuss FY 2022 budget line 

items and FOMB requirements related to labor expenses. 

PR

50 Crisalli, Paul 8/18/21 0.5 875.00 $ 437.50 $ Participate on calls with J. Keys (ACG) regarding open items related to the 

FEMA flash report and related supporting documents.

Not in PR

50 San Miguel, 

Jorge

8/18/21 0.1 620.00 $ 62.00 $ Review update from J. Keys (ACG) regarding federal funding matters to 

respond to creditor RFI.

PR

3 Porter, Lucas 8/18/21 0.2 570.00 $ 114.00 $ Review draft comments from G. Gil (ACG) related to FY 2022 fiscal plan fuel 

procurement initiative for FOMB.

Not in PR

3 Gil, Gerard 8/18/21 1.1 500.00 $ 550.00 $ Participate on call with A. Figueroa (FOMB) to discuss FY 2022 fiscal plan 

initiatives implementation and next steps.

PR

50 Smith, James 8/18/21 1.7 750.00 $ 1,275.00 $ Review agenda and provide updated comments to J. San Miguel (ACG) on 

materials in advance of the 8/20/21 bi-weekly mediation call.

Not in PR

50 Keys, Jamie 8/18/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly creditor 

package.

Not in PR

60 Costa, Lindsey 8/18/21 0.1 460.00 $ 46.00 $ Correspond with J. Ciancanelli (ACG) regarding the PREPA budget, report and 

Credit Spread Analysis approach.

Not in PR

50 Keys, Jamie 8/18/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution to creditors. Not in PR

50 San Miguel, 

Jorge

8/18/21 0.8 620.00 $ 496.00 $ Review and provide comments to draft agenda for the 8/20/21 bi-weekly 

mediation call.

PR

60 Costa, Lindsey 8/18/21 0.3 460.00 $ 138.00 $ Participate in discussion with J. San Miguel (ACG) and N. Morales (PREPA) 

regarding meeting to commence SWAP audit work for FY 2019 financial 

statements.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 24 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 162 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

60 Costa, Lindsey 8/18/21 0.1 460.00 $ 46.00 $ Correspond with J. Dirlam (ACG) regarding the need to pull credit ratings for 

Assured Guaranty Corp and other corporate bonds for the FY 2019 SWAP 

valuation.

Not in PR

50 San Miguel, 

Jorge

8/18/21 0.9 620.00 $ 558.00 $ Prepare comments for J. Smith (ACG) to update agenda for the 8/20/21 biweekly mediation call.PR

6 Gil, Gerard 8/18/21 2.0 500.00 $ 1,000.00 $ Review the revised draft of the GridCo-GenCo Operating Agreement received 

from Cleary Gottlieb.

PR

25 Parker, 

Christine

8/18/21 1.0 200.00 $ 200.00 $ Assemble time descriptions for the period 8/1/21 - 8/7/21 for inclusion in the 

Ankura August 2021 monthly fee statement.

Not in PR

6 Gil, Gerard 8/18/21 0.5 500.00 $ 250.00 $ Prepare responses to requests for clarification received from proponents for the 

P3 Authority generation transformation transaction.

PR

3 Crisalli, Paul 8/18/21 0.6 875.00 $ 525.00 $ Review materials related to the FY 2022 fiscal plan fuel procurement initiative 

in preparation for call with Sargent & Lundy.

Not in PR

3 Gil, Gerard 8/18/21 1.1 500.00 $ 550.00 $ Participate in meeting with A. Zabala (S&L), K. Hernandez (S&L), P. Crisalli 

(ACG) and L. Porter (ACG) to discuss preliminary analysis related to the FY 

2022 fiscal plan fuel procurement initiative.

PR

3 Gil, Gerard 8/18/21 0.8 500.00 $ 400.00 $ Review and provide comments to the draft memorandum of FOMB 

recommendations and related responses from PREPA related to the fuel 

procurement FY 2022 fiscal plan initiative, as requested by F. Padilla (PREPA).

PR

60 Costa, Lindsey 8/18/21 0.2 460.00 $ 92.00 $ Correspond with J. Dirlam (ACG) regarding the Credit Spread Analysis and 

Counterparty Risk Ratings from the FY 2018 SWAP valuation to inform the FY 

2019 SWAP valuation.

Not in PR

3 Gil, Gerard 8/18/21 0.6 500.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) regarding FY 2022 fiscal plan 

renewables and fuel procurement initiatives. 

PR

50 Crisalli, Paul 8/18/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG) 

prior to distribution.

Not in PR

50 Crisalli, Paul 8/18/21 0.7 875.00 $ 612.50 $ Develop the cash flow and liquidity-related materials in support of the 8/20/21 

bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

8/18/21 0.4 620.00 $ 248.00 $ Participate on call with L. Porter (ACG) to discuss responses to requests for 

clarification related to the PREPA FY 2022 budget in preparation for the 

8/20/21 bi-weekly mediation call.

PR

50 Porter, Lucas 8/18/21 1.2 570.00 $ 684.00 $ Review PREPA FY 2022 fiscal plan and budget projection reports provided by 

Y. Hickey (FOMB) to inform the 8/20/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 8/18/21 0.6 570.00 $ 342.00 $ Review the updated daily generation reports received from G. Soto (Luma) to 

inform development of the generation operational report for the week ending 

8/15/21 required by the FY 2022 certified fiscal plan.

Not in PR

50 San Miguel, 

Jorge

8/18/21 0.5 620.00 $ 310.00 $ Review the report update on transformation, renewable procurement and RSA 

matters to inform the 8/20/21 bi-weekly mediation call.

PR

50 Keys, Jamie 8/18/21 0.9 330.00 $ 297.00 $ Prepare the weekly accounts payable aging report for review to P. Crisalli 

(ACG) prior to distribution to creditors.

Not in PR

50 San Miguel, 

Jorge

8/18/21 0.5 620.00 $ 310.00 $ Participate on call with J. Smith (ACG) to discuss updates in regulatory, 

operational and financial matters in preparation for the 8/20/21 bi-weekly 

mediation call.

PR

2 Crisalli, Paul 8/18/21 0.3 875.00 $ 262.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

6 Gil, Gerard 8/18/21 1.3 500.00 $ 650.00 $ Review the updated draft of the GridCo-GenCo Operating Agreement with 

comments received from Cleary Gottlieb.

PR

50 San Miguel, 

Jorge

8/18/21 0.4 620.00 $ 248.00 $ Review status of response to the RFI received from creditors related to the fiscal 

plan budgeting model to inform the 8/20/21 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

8/18/21 0.8 495.00 $ 396.00 $ Revise analysis of financial tables to the Annual Financial Information and 

Operating Data Report to inform update through FY 2018.

Not in PR

60 Dirlam, Josh 8/18/21 4.1 293.00 $ 1,201.30 $ Prepare 2019 - 2021 SWAP related models for review by L. Costa (ACG). Not in PR

50 Porter, Lucas 8/18/21 0.4 570.00 $ 228.00 $ Participate on call with J. San Miguel (ACG) to discuss responses to requests 

for clarification related to the PREPA FY 2022 budget in preparation for the 

8/20/21 bi-weekly mediation call.

Not in PR

50 Keys, Jamie 8/18/21 1.3 330.00 $ 429.00 $ Prepare the weekly FEMA flash report for the week ended 8/13/21 for review by 

P. Crisalli (ACG).

Not in PR

2 Crisalli, Paul 8/18/21 0.9 875.00 $ 787.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

8/20/21.

Not in PR

60 Costa, Lindsey 8/18/21 0.2 460.00 $ 92.00 $ Review correspondence related to pulling credit ratings from the FY 2018 

SWAP valuation.

Not in PR

3 Smith, James 8/18/21 1.1 750.00 $ 825.00 $ Review and comment on updated reporting matrix from J. San Miguel (ACG) 

requested by R. Kreil (PREPA) to inform discussions on FY 2022 fiscal plan 

implementation reporting requirements and data sources.

Not in PR

50 San Miguel, 

Jorge

8/18/21 0.2 620.00 $ 124.00 $ Follow-up with N. Morales (PREPA) regarding status of FY 2018 audited 

financial statements and the FY 2019 and FY 2020 audit process to inform the 

8/20/21 bi-weekly mediation call.

PR

Exhibit C

September 30, 2021 / #PR00050 25 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 163 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 8/18/21 0.2 570.00 $ 114.00 $ Prepare request for information to A. Zabala (S&L) and K. Hernandez (S&L) 

related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

60 San Miguel, 

Jorge

8/18/21 0.3 620.00 $ 186.00 $ Participate in discussion with L. Costa (ACG) and N. Morales (PREPA) 

regarding meeting to commence SWAP audit work for FY 2019 financial 

statements.

PR

25 Parker, 

Christine

8/18/21 0.6 200.00 $ 120.00 $ Update Exhibits A, B and C of the Ankura August 2021 monthly fee statement 

for information currently available.

Not in PR

2 Crisalli, Paul 8/18/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 8/13/21. Not in PR

50 San Miguel, 

Jorge

8/18/21 0.3 620.00 $ 186.00 $ Follow-up with F. Padilla (PREPA) regarding Generation directorate updates to 

inform the 8/20/21 bi-weekly mediation call.

PR

50 Keys, Jamie 8/18/21 0.9 330.00 $ 297.00 $ Review the earthquake peaking unit funding summary provided by S. Diaz 

(ARI) prior to discussions with P. Crisalli (ACG) to inform the supporting 

materials for the 8/20/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 8/18/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss the working capital analysis 

related to the FY 2022 fiscal plan fuel procurement initiative.

PR

6 Porter, Lucas 8/18/21 0.9 570.00 $ 513.00 $ Review updated draft of the GridCo-GenCo Operating Agreement with 

comments received from V. Del Rio (CGSH).

Not in PR

50 Porter, Lucas 8/19/21 1.1 570.00 $ 627.00 $ Prepare responding information requested by J. San Miguel (ACG) related to 

PREPA budget and actual financial results for discussions during the 8/20/21 biweekly mediation call.

Not in PR

50 Keys, Jamie 8/19/21 0.4 330.00 $ 132.00 $ Review the federal funding summary provided by P. Crisalli (ACG) regarding 

outstanding federal funds prior to use on the bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

8/19/21 1.7 495.00 $ 841.50 $ Review PREPA FY 2015 audited financial statements to determine pertinent 

information to update the Annual Financial Information and Operating Data 

Report.

Not in PR

2 Porter, Lucas 8/19/21 0.5 570.00 $ 285.00 $ Participate on call with M. DiConza (OMM), P. Crisalli (ACG), J. San Miguel 

(ACG) and G. Gil (ACG) to discuss FY 2022 fiscal plan fuel procurement 

initiative updates and projected impact on liquidity.

Not in PR

50 Gil, Gerard 8/19/21 0.6 500.00 $ 300.00 $ Review meeting notes and prepare input for J. San Miguel (ACG) in preparation 

for the 8/20/21 bi-weekly mediation call.

PR

3 Crisalli, Paul 8/19/21 1.3 875.00 $ 1,137.50 $ Review master payment schedule and PUMA exposure report to inform fuel 

procurement RFPs and working capital analysis.

Not in PR

3 Porter, Lucas 8/19/21 1.1 570.00 $ 627.00 $ Participate in working session with G. Gil (ACG) and P. Crisalli (ACG) to 

discuss fuel procurement RFPs and the working capital analysis in support of 

the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

50 San Miguel, 

Jorge

8/19/21 0.9 620.00 $ 558.00 $ Review the cash flow update, FEMA flash report, accounts payable and 

accounts receivable reports to inform the 8/20/21 bi-weekly mediation call.

PR

50 Porter, Lucas 8/19/21 0.7 570.00 $ 399.00 $ Revise draft meeting notes received from J. San Miguel (ACG) and J. Smith 

(ACG) in preparation for the 8/20/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 8/19/21 1.1 500.00 $ 550.00 $ Participate in working session with P. Crisalli (ACG) and L. Porter (ACG) to 

discuss fuel procurement RFPs and the working capital analysis in support of 

the FY 2022 fiscal plan fuel procurement initiative.

PR

3 Porter, Lucas 8/19/21 0.6 570.00 $ 342.00 $ Prepare summary fuel consumption information for P. Crisalli (ACG) and G. Gil 

(ACG) to inform FY 2022 fiscal plan fuel procurement initiative.

Not in PR

60 Dirlam, Josh 8/19/21 2.5 293.00 $ 732.50 $ Develop client deliverables related to current Counterparty Risk Ratings, SWAP 

Cash Flows and ICE 3M LIBOR rates.

Not in PR

3 Gil, Gerard 8/19/21 0.4 500.00 $ 200.00 $ Review and analyze the fuel consumption analysis received from L. Porter 

(ACG) related to the FY 2022 fiscal plan fuel procurement initiative.

PR

3 Porter, Lucas 8/19/21 0.5 570.00 $ 285.00 $ Review supporting documentation provided by K. Hernandez (S&L) related to 

FY 2022 fiscal plan fuel procurement initiative.

Not in PR

50 Porter, Lucas 8/19/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) regarding update to 

response addressing creditor requests for information ahead of the 8/20/21 biweekly mediation call.

Not in PR

3 Crisalli, Paul 8/19/21 0.3 875.00 $ 262.50 $ Participate on call with R. Arrieta (SM), J. Adrover (PREPA), L. Bauer (Sidley), 

L. Porter (ACG), J. San Miguel (ACG), G. Gil (ACG) and N. Marino (ACG) to 

discuss RFIs received from N. Morales (PREPA) related to the Financial and 

Operating Disclosure Statement to enhance financial reporting under the FY 

2022 fiscal plan.

Not in PR

3 San Miguel, 

Jorge

8/19/21 0.3 620.00 $ 186.00 $ Participate on call with R. Arrieta (SM), J. Adrover (PREPA), L. Bauer (Sidley), 

L. Porter (ACG), P. Crisalli (ACG), G. Gil (ACG) and N. Marino (ACG) to 

discuss RFIs received from N. Morales (PREPA) related to the Financial and 

Operating Disclosure Statement to enhance financial reporting under the FY 

2022 fiscal plan.

PR

50 Smith, James 8/19/21 0.4 750.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) to discuss creditor questions in 

preparation for the 8/20/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 8/19/21 0.5 875.00 $ 437.50 $ Participate on call with M. DiConza (OMM), J. San Miguel (ACG), L. Porter 

(ACG) and G. Gil (ACG) to discuss FY 2022 fiscal plan fuel procurement 

initiative updates and projected impact on liquidity.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 26 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 164 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

60 Costa, Lindsey 8/19/21 0.3 460.00 $ 138.00 $ Participate on call with J. Dirlam (ACG) regarding the FY 2019 PREPA SWAP 

valuation for discussion around assumptions and inputs. 

Not in PR

3 Crisalli, Paul 8/19/21 1.1 875.00 $ 962.50 $ Participate in working session with G. Gil (ACG) and L. Porter (ACG) to 

discuss fuel procurement RFPs and the working capital analysis in support of 

the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Porter, Lucas 8/19/21 0.4 570.00 $ 228.00 $ Participate on follow-up call with G. Gil (ACG) and P. Crisalli (ACG) to discuss 

fuel procurement RFPs and the working capital analysis in support of the FY 

2022 fiscal plan fuel procurement initiative.

Not in PR

50 Crisalli, Paul 8/19/21 0.6 875.00 $ 525.00 $ Participate on telephone call with J. Keys (ACG) regarding S. Diaz (ARI) 

updates to information supporting the FEMA flash report for use during the 

8/20/21 bi-weekly mediation call.

Not in PR

50 Keys, Jamie 8/19/21 0.6 330.00 $ 198.00 $ Prepare submission of the weekly excel files for FOMB reporting. Not in PR

60 Dirlam, Josh 8/19/21 0.3 293.00 $ 87.90 $ Participate on call with L. Costa (ACG) regarding the FY 2019 PREPA SWAP 

valuation for discussion around assumptions and inputs. 

Not in PR

60 Dirlam, Josh 8/19/21 3.1 293.00 $ 908.30 $ Perform Credit Value Adjustment analysis for review by L. Costa (ACG). Not in PR

50 Smith, James 8/19/21 0.5 750.00 $ 375.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

3 Marino, 

Nicholas

8/19/21 0.3 495.00 $ 148.50 $ Participate on call with R. Arrieta (SM), J. Adrover (PREPA), L. Bauer (Sidley), 

L. Porter (ACG), J. San Miguel (ACG), P. Crisalli (ACG) and G. Gil (ACG) to 

discuss RFIs received from N. Morales (PREPA) related to the Financial and 

Operating Disclosure Statement to enhance financial reporting under the FY 

2022 fiscal plan.

Not in PR

3 Porter, Lucas 8/19/21 1.1 570.00 $ 627.00 $ Analyze updated fuel master payment schedule from E. Barbosa (PREPA) 

provided by P. Crisalli (ACG) to inform analyses for the FY 2022 fiscal plan 

procurement initiative.

Not in PR

50 Smith, James 8/19/21 0.9 750.00 $ 675.00 $ Review PREB regulatory docket and filings on Luma performance metrics in 

preparation for the 8/20/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 8/19/21 0.6 570.00 $ 342.00 $ Review draft working capital analysis from P. Crisalli (ACG) for FY 2022 fiscal 

plan fuel procurement initiative.

Not in PR

3 San Miguel, 

Jorge

8/19/21 0.3 620.00 $ 186.00 $ Provide update to N. Morales (PREPA) and F. Padilla (PREPA) on renewable 

energy procurement process, generation and T&D transaction initiatives under 

the FY 2022 fiscal plan.

PR

50 San Miguel, 

Jorge

8/19/21 0.4 620.00 $ 248.00 $ Participate on call with J. Smith (ACG) to review and update discussion items 

for the 8/20/21 bi-weekly mediation call.

PR

3 Gil, Gerard 8/19/21 0.4 500.00 $ 200.00 $ Participate on follow-up call with L. Porter (ACG) and P. Crisalli (ACG) to 

discuss fuel procurement RFPs and the working capital analysis in support of 

the FY 2022 fiscal plan fuel procurement initiative.

PR

3 Porter, Lucas 8/19/21 0.3 570.00 $ 171.00 $ Participate on call with R. Arrieta (SM), J. Adrover (PREPA), L. Bauer (Sidley), 

P. Crisalli (ACG), J. San Miguel (ACG), G. Gil (ACG) and N. Marino (ACG) to 

discuss RFIs received from N. Morales (PREPA) related to the Financial and 

Operating Disclosure Statement to enhance financial reporting under the FY 

2022 fiscal plan.

Not in PR

50 Keys, Jamie 8/19/21 1.1 330.00 $ 363.00 $ Participate on telephone call with S. Diaz (ARI) regarding additional updates to 

information supporting the FEMA flash report for use on the bi-weekly 

mediation call.

Not in PR

60 Costa, Lindsey 8/19/21 0.6 460.00 $ 276.00 $ Review the Credit Spread Analysis for FY 2019 prepared by J. Dirlam (ACG). Not in PR

3 Crisalli, Paul 8/19/21 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) to discuss fuel consumption 

information related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

2 Gil, Gerard 8/19/21 0.5 500.00 $ 250.00 $ Participate on call with M. DiConza (OMM), P. Crisalli (ACG), L. Porter 

(ACG) and J. San Miguel (ACG) to discuss FY 2022 fiscal plan fuel 

procurement initiative updates and projected impact on liquidity.

PR

50 Keys, Jamie 8/19/21 0.6 330.00 $ 198.00 $ Participate on telephone call with P. Crisalli (ACG) regarding S. Diaz (ARI) 

updates to information supporting the FEMA flash report for use during the 

8/20/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 8/19/21 0.3 570.00 $ 171.00 $ Prepare request for analysis for N. Marino (ACG) regarding PREPA historical 

financial information needed to develop the Disclosure Statement for 

implementation of FY 2022 fiscal plan objectives.

Not in PR

3 Smith, James 8/19/21 0.4 750.00 $ 300.00 $ Review operations and financial data related to reporting matrix from J. San 

Miguel (ACG) requested by R. Kreil (PREPA) to inform discussions on FY 

2022 fiscal plan implementation reporting requirements and data sources.

Not in PR

50 Smith, James 8/19/21 1.1 750.00 $ 825.00 $ Review historical PREPA generation data to prepare summary in support of the 

creditor reporting workstream and in advance of the 8/20/21 bi-weekly 

mediation call.

Not in PR

3 Gil, Gerard 8/19/21 0.6 500.00 $ 300.00 $ Review supporting procurement documentation provided by Sargent & Lundy 

related to FY 2022 fiscal plan fuel procurement initiative.

PR

Exhibit C

September 30, 2021 / #PR00050 27 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 165 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

8/19/21 1.4 495.00 $ 693.00 $ Review PREPA FY 2016 audited financial statements to determine pertinent 

information to update the Annual Financial Information and Operating Data 

Report.

Not in PR

50 Smith, James 8/19/21 1.7 750.00 $ 1,275.00 $ Prepare fleet status report for distribution to creditors for the 8/20/21 bi-weekly 

mediation call.

Not in PR

3 Marino, 

Nicholas

8/19/21 0.9 495.00 $ 445.50 $ Review Annual Financial Information and Operating Data Reports to determine 

relevant information to gather from PREPA's audited Financial statements.

Not in PR

3 Keys, Jamie 8/19/21 1.7 330.00 $ 561.00 $ Prepare the PUMA outstanding invoice report for use in fuel projections for P. 

Crisalli (ACG) related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Smith, James 8/19/21 0.3 750.00 $ 225.00 $ Participate on call with L. Porter (ACG) to discuss comments received from G. 

Soto (Luma) regarding generation system status updates to inform FY 2022 

fiscal plan reporting.

Not in PR

50 Keys, Jamie 8/19/21 0.2 330.00 $ 66.00 $ Correspond with J. San Miguel (ACG) regarding updates to FEMA flash report 

supporting information provided by S. Diaz (ARI) for use on the 8/20/21 biweekly mediation call.

Not in PR

50 San Miguel, 

Jorge

8/19/21 0.3 620.00 $ 186.00 $ Participate in discussion with L. Porter (ACG) regarding update to response 

addressing creditor requests for information ahead of the 8/20/21 bi-weekly 

mediation call.

PR

50 San Miguel, 

Jorge

8/19/21 0.7 620.00 $ 434.00 $ Review the regulatory updates received from J. Smith (ACG) and Diaz & 

Vazquez to inform discussion points for the 8/20/21 bi-weekly mediation call.

PR

3 Porter, Lucas 8/19/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) to discuss fuel consumption 

information related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

50 San Miguel, 

Jorge

8/19/21 0.4 620.00 $ 248.00 $ Participate on call with J. Smith (ACG) to discuss creditor questions in 

preparation for the 8/20/21 bi-weekly mediation call.

PR

50 Gil, Gerard 8/19/21 0.9 500.00 $ 450.00 $ Review and provide input on agenda materials for the 8/20/21 bi-weekly 

mediation call.

PR

3 Porter, Lucas 8/19/21 0.7 570.00 $ 399.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system status updates to inform FY 2022 fiscal plan reporting.

Not in PR

3 Smith, James 8/19/21 0.7 750.00 $ 525.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system status updates to inform FY 2022 fiscal plan reporting.

Not in PR

3 Crisalli, Paul 8/19/21 0.7 875.00 $ 612.50 $ Review materials provided by Sargent & Lundy regarding fuel procurement 

RFPs.

Not in PR

3 Gil, Gerard 8/19/21 0.7 500.00 $ 350.00 $ Review the historical Disclosure Statement and supporting information provided 

by N. Morales (PREPA) required for implementation of FY 2022 fiscal plan 

objectives.

PR

3 Crisalli, Paul 8/19/21 0.4 875.00 $ 350.00 $ Participate on follow-up call with G. Gil (ACG) and L. Porter (ACG) to discuss 

fuel procurement RFPs and the working capital analysis in support of the FY 

2022 fiscal plan fuel procurement initiative.

Not in PR

50 San Miguel, 

Jorge

8/19/21 0.4 620.00 $ 248.00 $ Review update received from N. Morales (PREPA) and F. Padilla (PREPA) 

related to generation projects, renewable procurements, audited statements and 

RSA developments to inform the 8/20/21 bi-weekly mediation call.

PR

3 Porter, Lucas 8/19/21 0.5 570.00 $ 285.00 $ Finalize summary table requested by F. Padilla (PREPA) related to FY 2022 

fiscal plan fuel procurement initiative.

Not in PR

50 Smith, James 8/19/21 0.4 750.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) to review and update discussion 

items for the 8/20/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 8/19/21 0.3 500.00 $ 150.00 $ Participate on call with R. Arrieta (SM), J. Adrover (PREPA), L. Bauer (Sidley), 

L. Porter (ACG), J. San Miguel (ACG), P. Crisalli (ACG) and N. Marino (ACG) 

to discuss RFIs received from N. Morales (PREPA) related to the Financial and 

Operating Disclosure Statement to enhance financial reporting under the FY 

2022 fiscal plan.

PR

3 Porter, Lucas 8/19/21 0.3 570.00 $ 171.00 $ Participate on call with J. Smith (ACG) to discuss comments received from G. 

Soto (Luma) regarding generation system status updates to inform FY 2022 

fiscal plan reporting.

Not in PR

3 Marino, 

Nicholas

8/19/21 1.2 495.00 $ 594.00 $ Review the diesel working capital analysis with price summaries as requested 

by L. Porter (ACG).

Not in PR

2 San Miguel, 

Jorge

8/19/21 0.5 620.00 $ 310.00 $ Participate on call with M. DiConza (OMM), P. Crisalli (ACG), L. Porter 

(ACG) and G. Gil (ACG) to discuss FY 2022 fiscal plan fuel procurement 

initiative updates and projected impact on liquidity.

PR

50 San Miguel, 

Jorge

8/19/21 1.0 620.00 $ 620.00 $ Review and study the PREB docket filings on PREPA and Luma-related matters 

to inform discussions during the 8/20/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

8/19/21 1.1 620.00 $ 682.00 $ Review and provide comments to additional updates in advance of the 8/20/21 

bi-weekly mediation call.

PR

3 Crisalli, Paul 8/19/21 3.6 875.00 $ 3,150.00 $ Revise the fuel procurement working capital analysis to assist with the FY 2022 

fiscal plan initiative.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 28 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 166 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 8/19/21 0.6 570.00 $ 342.00 $ Review historical Disclosure Statement and supporting information provided by 

N. Morales (PREPA) required for implementation of FY 2022 fiscal plan 

objectives.

Not in PR

3 Gil, Gerard 8/19/21 0.2 500.00 $ 100.00 $ Participate on call with E. Paredes (PREPA) regarding requests for information 

to FOMB related to the FY 2022 budget and labor expenses.

PR

3 Gil, Gerard 8/19/21 0.5 500.00 $ 250.00 $ Review materials pertaining to RSA implementation risks in advance of 

discussion with PREPA management as part of FY 2022 fiscal plan 

implementation efforts.

PR

6 Gil, Gerard 8/20/21 1.6 500.00 $ 800.00 $ Review the T&D O&M agreement and prepare draft commentary on updated 

draft of the GridCo-GenCo Operating Agreement.

PR

60 Costa, Lindsey 8/20/21 0.5 460.00 $ 230.00 $ Participate on call with J. Roque (Luma), J. Ciancanelli (ACG) and J. San 

Miguel (ACG) to discuss SWAP analysis work for FY 2019, FY 2020, FY 2021 

and related timelines and deliverables.

Not in PR

25 Parker, 

Christine

8/20/21 1.1 200.00 $ 220.00 $ Assemble time descriptions for the period 8/8/21 - 8/14/21 for inclusion in the 

Ankura August 2021 monthly fee statement.

Not in PR

50 Crisalli, Paul 8/20/21 0.5 875.00 $ 437.50 $ Prepare analysis of FEMA flash report in preparation for the bi-weekly 

mediation call.

Not in PR

50 San Miguel, 

Jorge

8/20/21 0.5 620.00 $ 310.00 $ Review cash flow report and updated FEMA flash report provided by P. Crisalli 

(ACG) in preparation for the bi-weekly mediation call.

PR

3 Marino, 

Nicholas

8/20/21 1.8 495.00 $ 891.00 $ Review PREPA FY 2018 draft audited financial statements to determine 

pertinent information to update the Annual Financial Information and Operating 

Data Report.

Not in PR

60 Dirlam, Josh 8/20/21 2.1 293.00 $ 615.30 $ Prepare the draft FY 2019 PREPA SWAP valuation report for client deliverable. Not in PR

50 Marino, 

Nicholas

8/20/21 0.1 495.00 $ 49.50 $ Aggregate and edit creditor questions and responses during the bi-weekly 

mediation call for distribution to the Ankura team.

Not in PR

50 Keys, Jamie 8/20/21 0.6 330.00 $ 198.00 $ Review the current draft of the bi-weekly mediation agenda circulated by J. 

Smith (ACG).

Not in PR

3 Porter, Lucas 8/20/21 0.8 570.00 $ 456.00 $ Prepare responding information for F. Padilla (PREPA) and G. Gil (ACG) 

related to the FOMB certified FY 2022 budget for HoldCo.

Not in PR

60 Costa, Lindsey 8/20/21 1.2 460.00 $ 552.00 $ Conduct initial review of the FY 2019 SWAP valuations and Credit Spread 

Analysis.

Not in PR

60 Costa, Lindsey 8/20/21 2.5 460.00 $ 1,150.00 $ Review the JP Morgan Proof of Claim regarding PREPA and JP Morgan's 

SWAP Agreement.

Not in PR

25 Parker, 

Christine

8/20/21 0.6 200.00 $ 120.00 $ Assemble additional time descriptions for the period 8/1/21 - 8/7/21 for 

inclusion in the Ankura August 2021 monthly fee statement.

Not in PR

3 Marino, 

Nicholas

8/20/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss PREPA historical financial 

information needed to develop the Disclosure Statement for implementation of 

FY 2022 fiscal plan objectives.

Not in PR

60 San Miguel, 

Jorge

8/20/21 0.4 620.00 $ 248.00 $ Provide J. Roque (Luma), J. Ciancanelli (ACG) and L. Costa (ACG) with 

scheduling requirements from Hacienda related to FY 2019 audit of PREPA's 

financial statements.

PR

50 Keys, Jamie 8/20/21 0.4 330.00 $ 132.00 $ Participate on the bi-weekly mediation call. Not in PR

60 Costa, Lindsey 8/20/21 0.2 460.00 $ 92.00 $ Participate on kick off call with PREPA related to the FY 2019 PREPA SWAP 

valuation.

Not in PR

60 Costa, Lindsey 8/20/21 0.1 460.00 $ 46.00 $ Correspond with C. Berrios (FPVG) regarding the kick off call for the SWAP 

valuation engagements.

Not in PR

60 San Miguel, 

Jorge

8/20/21 0.6 620.00 $ 372.00 $ Review circular letter from Hacienda provided by N. Morales (PREPA) and 

inform working group of time lines for SWAP analysis in order to meet FY 

2019, FY 2020 and FY 2021 financial statement issuances.

PR

2 Crisalli, Paul 8/20/21 0.4 875.00 $ 350.00 $ Update professional and legal fee budget versus actual details through 8/20/21 

to inform cash flow variance reporting.

Not in PR

50 Porter, Lucas 8/20/21 0.3 570.00 $ 171.00 $ Review meeting notes in preparation for the bi-weekly mediation call. Not in PR

50 Smith, James 8/20/21 0.5 750.00 $ 375.00 $ Participate on call with J. San Miguel (ACG) to review next steps and 

takeaways from the bi-weekly mediation call relating to pending RFIs from 

creditor representatives.

Not in PR

51 San Miguel, 

Jorge

8/20/21 0.5 620.00 $ 310.00 $ Participate in discussion with FEMA representatives regarding oversight, 

delegation of responsibilities, process and documentation to coordinate Luma's 

and PREPA's federal funding procedures.

PR

3 Porter, Lucas 8/20/21 2.5 570.00 $ 1,425.00 $ Develop revised detailed generation-unit analysis of FY 2022 fiscal plan 

renewable cost projections for F. Padilla (PREPA) and F. Santos (PREPA) in 

support of fiscal plan renewable procurement initiative.

Not in PR

50 San Miguel, 

Jorge

8/20/21 0.2 620.00 $ 124.00 $ Participate in discussion with F. Padilla (PREPA) and G. Gil (ACG) regarding 

developments with the Costa Sur power plant to inform discussion points for the 

bi-weekly mediation call.

PR

2 Crisalli, Paul 8/20/21 0.2 875.00 $ 175.00 $ Update the employee disbursement budget versus actual template for review and 

comment by E. Ortiz (PREPA) and J. Adrover (PREPA).

Not in PR

Exhibit C

September 30, 2021 / #PR00050 29 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 167 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

8/20/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) to review final update on cash flow 

and liquidity data and FEMA flash report to inform discussion during the biweekly mediation call.

PR

50 Porter, Lucas 8/20/21 0.4 570.00 $ 228.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Crisalli, Paul 8/20/21 0.3 875.00 $ 262.50 $ Participate on call with J. Keys (ACG) to discuss the FEMA flash report 

materials for the bi-weekly mediation call.

Not in PR

3 Crisalli, Paul 8/20/21 0.6 875.00 $ 525.00 $ Prepare the post-certification fiscal plan reports for week ended 8/13/21. Not in PR

50 Smith, James 8/20/21 0.3 750.00 $ 225.00 $ Review open items and update J. San Miguel (ACG) on materials for the biweekly mediation call.

Not in PR

50 Marino, 

Nicholas

8/20/21 0.4 495.00 $ 198.00 $ Participate on the bi-weekly mediation call. Not in PR

60 San Miguel, 

Jorge

8/20/21 0.5 620.00 $ 310.00 $ Participate on call with J. Roque (Luma), J. Ciancanelli (ACG) and L. Costa 

(ACG) to discuss SWAP analysis work for FY 2019, FY 2020, FY 2021 and 

related timelines and deliverables.

PR

50 Keys, Jamie 8/20/21 0.3 330.00 $ 99.00 $ Participate on call with P. Crisalli (ACG) to discuss the FEMA flash report 

materials for the bi-weekly mediation call.

Not in PR

50 Gil, Gerard 8/20/21 0.4 500.00 $ 200.00 $ Participate on the bi-weekly mediation call. PR

50 Smith, James 8/20/21 0.4 750.00 $ 300.00 $ Participate on the bi-weekly mediation call. Not in PR

25 Keys, Jamie 8/20/21 0.5 330.00 $ 165.00 $ Participate on call with C. Parker (ACG) regarding the status of the Ankura 

August 2021 monthly fee statement.

Not in PR

3 Porter, Lucas 8/20/21 1.4 570.00 $ 798.00 $ Review FY 2022 fiscal plan projection data from M. Saenz (Siemens) to inform 

response to F. Padilla (PREPA) and F. Santos (PREPA) regarding PREPA 

renewable procurement initiative. 

Not in PR

2 Crisalli, Paul 8/20/21 0.5 875.00 $ 437.50 $ Review the accounts payable aging, daily cash flows and bank balances 

provided by Luma to inform cash flow reporting.

Not in PR

50 Porter, Lucas 8/20/21 0.2 570.00 $ 114.00 $ Correspond with J. San Miguel (ACG) and N. Marino (ACG) regarding PREPA 

financial results for discussions during the bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

8/20/21 0.4 620.00 $ 248.00 $ Participate on call with J. Smith (ACG) to review final edits to operations, 

generation and regulatory materials in preparation for the bi-weekly mediation 

call.

PR

3 Marino, 

Nicholas

8/20/21 1.5 495.00 $ 742.50 $ Review PREPA FY 2017 audited financial statements to determine pertinent 

information to update the Annual Financial Information and Operating Data 

Report.

Not in PR

3 Gil, Gerard 8/20/21 0.3 500.00 $ 150.00 $ Review FOMB certified FY 2022 budget for HoldCo to respond to the RFI 

received from F. Padilla (PREPA).

PR

3 Porter, Lucas 8/20/21 0.4 570.00 $ 228.00 $ Prepare and submit summary comments and revised detailed generation-unit 

analysis of FY 2022 fiscal plan renewable cost projections to F. Padilla 

(PREPA) and F. Santos (PREPA) in support of fiscal plan renewable 

procurement initiative.

Not in PR

50 San Miguel, 

Jorge

8/20/21 0.5 620.00 $ 310.00 $ Participate on call with J. Smith (ACG) to review next steps and takeaways from 

the bi-weekly mediation call relating to pending RFIs from creditor 

representatives.

PR

50 Crisalli, Paul 8/20/21 0.4 875.00 $ 350.00 $ Participate on the bi-weekly mediation call. Not in PR

60 Costa, Lindsey 8/20/21 0.1 460.00 $ 46.00 $ Review the FY 2018 Estimated Net Cash Flow deliverable to client to inform 

current analysis.

Not in PR

25 Parker, 

Christine

8/20/21 0.5 200.00 $ 100.00 $ Participate on call with J. Keys (ACG) regarding the status of the Ankura 

August 2021 monthly fee statement.

Not in PR

60 Ciancanelli, 

John

8/20/21 0.5 665.00 $ 332.50 $ Participate on call with J. Roque (Luma), J. San Miguel (ACG) and L. Costa 

(ACG) to discuss SWAP analysis work for FY 2019, FY 2020, FY 2021 and 

related timelines and deliverables.

Not in PR

60 Costa, Lindsey 8/20/21 0.1 460.00 $ 46.00 $ Correspond with J. Dirlam (ACG) to explain the FY 2019 SWAP valuation in 

order to identify differences in prior valuation.

Not in PR

2 Keys, Jamie 8/20/21 0.7 330.00 $ 231.00 $ Review the daily cash flash report circulated by P. Crisalli (ACG) to N. Morales 

(PREPA).

Not in PR

50 Crisalli, Paul 8/20/21 0.7 875.00 $ 612.50 $ Prepare correspondence with D. Miller (Luma) and N. Morales (PREPA) 

regarding the monthly accounts receivable reports for residential, commercial, 

industrial, government and other customers.

Not in PR

60 San Miguel, 

Jorge

8/20/21 0.1 620.00 $ 62.00 $ Correspond with N. Morales (PREPA) regarding scheduling and deadlines for 

financial statement deliverables for FY 2019, FY 2020 and FY 2021.

PR

50 Gil, Gerard 8/20/21 0.2 500.00 $ 100.00 $ Participate in discussion with F. Padilla (PREPA) and J. San Miguel (ACG) 

regarding developments with the Costa Sur power plant to inform discussion 

points for the bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

8/20/21 1.0 620.00 $ 620.00 $ Review and finalize the bi-weekly mediation call agenda to include latest inputs 

received from PREPA generation, financial and operations data.

PR

50 Crisalli, Paul 8/20/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to review final update on cash 

flow and liquidity data and FEMA flash report to inform discussion during the 

bi-weekly mediation call.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 30 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 168 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Porter, Lucas 8/20/21 0.4 570.00 $ 228.00 $ Review follow-up questions from J. San Miguel (ACG) related to PREPA 

budget and actual financial results for discussions during the bi-weekly 

mediation call.

Not in PR

3 Marino, 

Nicholas

8/20/21 0.7 495.00 $ 346.50 $ Update tracker for additional follow-up questions from Alvarez & Marsal 

related to PREPA FY 2021 fiscal plan. 

Not in PR

3 Porter, Lucas 8/20/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss PREPA historical financial 

information needed to develop the Disclosure Statement for implementation of 

FY 2022 fiscal plan objectives.

Not in PR

50 Smith, James 8/20/21 0.4 750.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) to review final edits to operations, 

generation and regulatory materials in preparation for the bi-weekly mediation 

call.

Not in PR

3 Porter, Lucas 8/23/21 0.2 570.00 $ 114.00 $ Participate on call with A. Zabala (S&L) to discuss status of PREPA renewable 

procurement initiatives to inform FY 2022 fiscal plan reporting.

Not in PR

6 Smith, James 8/23/21 0.3 750.00 $ 225.00 $ Participate on call with G. Gil (ACG) to discuss comments to the GridCoGenCo Operating Agreement.Not in PR

6 Gil, Gerard 8/23/21 0.6 500.00 $ 300.00 $ Analyze the flow of funds and service accounts structure under the T&D O&M 

agreement to inform commentary on updated draft of the GridCo-GenCo 

Operating Agreement.

PR

2 Keys, Jamie 8/23/21 1.7 330.00 $ 561.00 $ Prepare the weekly cash flow outputs for the week ended 8/20/21 for review by 

P. Crisalli (ACG).

Not in PR

51 Keys, Jamie 8/23/21 0.6 330.00 $ 198.00 $ Review updated funding information provided by COR3 related to local 

contractor project worksheets prior to discussion with S. Diaz (ARI).

Not in PR

6 Gil, Gerard 8/23/21 0.1 500.00 $ 50.00 $ Correspond with Cleary Gottlieb regarding the GridCo-GenCo Operating 

Agreement.

PR

3 Marino, 

Nicholas

8/23/21 0.9 495.00 $ 445.50 $ Update the PREPA Annual Financial Information and Operating Data Report 

workbook through FY 2018 based on information included in PREPA's audited 

financial statements.

Not in PR

25 Keys, Jamie 8/23/21 1.8 330.00 $ 594.00 $ Review the current draft of the Ankura twelfth interim fee application. Not in PR

3 San Miguel, 

Jorge

8/23/21 0.3 620.00 $ 186.00 $ Discuss matrix on reporting requirements for financial, operational, federal 

funding and fiscal plan initiatives with N. Morales (PREPA).

PR

3 Gil, Gerard 8/23/21 0.5 500.00 $ 250.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

2 Crisalli, Paul 8/23/21 1.0 875.00 $ 875.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

3 Gil, Gerard 8/23/21 0.1 500.00 $ 50.00 $ Participate on call with R. Arrieta (SM) regarding development of disclosure 

document requested by N. Morales (PREPA) to achieve FY 2022 fiscal plan 

objectives.

PR

3 San Miguel, 

Jorge

8/23/21 0.5 620.00 $ 310.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

3 San Miguel, 

Jorge

8/23/21 0.8 620.00 $ 496.00 $ Finalize matrix on reporting requirements for financial, operational, federal 

funding and fiscal plan initiatives for discussion with N. Morales (PREPA) and 

representatives of the PREPA Board of Directors.

PR

3 Marino, 

Nicholas

8/23/21 1.2 495.00 $ 594.00 $ Continue to review PREPA's FY 2016 audited financial statements to determine 

pertinent information to update the Annual Financial Information and Operating 

Data Report.

Not in PR

3 Smith, James 8/23/21 0.5 750.00 $ 375.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Keys, Jamie 8/23/21 0.5 330.00 $ 165.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Marino, 

Nicholas

8/23/21 1.3 495.00 $ 643.50 $ Continue to review PREPA's FY 2017 audited financial statements to determine 

pertinent information to update the Annual Financial Information and Operating 

Data Report.

Not in PR

6 San Miguel, 

Jorge

8/23/21 1.1 620.00 $ 682.00 $ Review and prepare comments to the updated draft GridCo-GenCo Operating 

Agreement and Agreed Operating Procedures provided by the P3 Authority to 

inform meeting with the advisory team.

PR

2 Crisalli, Paul 8/23/21 0.6 875.00 $ 525.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

2 Crisalli, Paul 8/23/21 0.2 875.00 $ 175.00 $ Correspond with J. Roque (Luma) and J. Keys (ACG) regarding disbursement 

classifications included in the daily cash flow file.

Not in PR

3 Gil, Gerard 8/23/21 0.3 500.00 $ 150.00 $ Review the revised detailed generation-unit analysis in support of the FY 2022 

fiscal plan renewable procurement initiative.

PR

6 Smith, James 8/23/21 1.2 750.00 $ 900.00 $ Review the draft GenCo-GridCo Agreed Operating Procedures and 

Interconnection Agreement to support the T&D and GenCo transitions.

Not in PR

3 Marino, 

Nicholas

8/23/21 0.5 495.00 $ 247.50 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

6 Gil, Gerard 8/23/21 0.3 500.00 $ 150.00 $ Participate on call with J. Smith (ACG) to discuss comments to the GridCoGenCo Operating Agreement.

PR

Exhibit C

September 30, 2021 / #PR00050 31 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 169 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

8/23/21 1.6 495.00 $ 792.00 $ Continue to review PREPA's FY 2018 draft audited financial statements to 

determine pertinent information to update the Annual Financial Information and 

Operating Data Report.

Not in PR

60 Ciancanelli, 

John

8/23/21 1.3 665.00 $ 864.50 $ Review interest and cash flow data used in the SWAP valuation model prepared 

for financial reporting purposes.

Not in PR

25 Parker, 

Christine

8/23/21 0.5 200.00 $ 100.00 $ Update Exhibits A, B and C of the Ankura August 2021 monthly fee statement 

for information currently available.

Not in PR

3 Marino, 

Nicholas

8/23/21 0.7 495.00 $ 346.50 $ Continue to update the templates for the revised Annual Financial Information 

and Operating Data Report.

Not in PR

50 Marino, 

Nicholas

8/23/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA related news for J. Smith (ACG) to inform 

discussion materials for the 9/3/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 8/23/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss purchased power costs included 

in the FY 2022 fiscal plan projections.

Not in PR

3 Gil, Gerard 8/23/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss purchased power costs 

included in the FY 2022 fiscal plan projections.

PR

25 Parker, 

Christine

8/23/21 0.5 200.00 $ 100.00 $ Assemble additional time descriptions submitted for the period 8/8/21 - 8/14/21 

for inclusion in the Ankura August 2021 monthly fee statement.

Not in PR

3 Marino, 

Nicholas

8/23/21 1.4 495.00 $ 693.00 $ Continue to review PREPA's FY 2015 audited financial statements to determine 

pertinent information to update the Annual Financial Information and Operating 

Data Report.

Not in PR

6 Gil, Gerard 8/24/21 0.5 500.00 $ 250.00 $ Review commentary received from J. Smith (ACG) to the latest draft of the 

GridCo-GenCo Operating Agreement.

PR

6 San Miguel, 

Jorge

8/24/21 1.4 620.00 $ 868.00 $ Review materials provided by P3 Authority related to GridCo-GenCo Operating 

Agreement, Agreed Operating Procedures, and comments from K. Bolanos 

(DV) in preparation for meeting with P3 Authority advisory team and Luma.

PR

60 Dirlam, Josh 8/24/21 0.5 293.00 $ 146.50 $ Participate on calls with L. Costa (ACG) to discuss questions related to the 

PREPA SWAP valuations.

Not in PR

3 Marino, 

Nicholas

8/24/21 0.7 495.00 $ 346.50 $ Revise the PREPA Annual Financial Information and Operating Data Report 

workbook through FY 2018 based on information included in PREPA's audited 

financial statements.

Not in PR

3 San Miguel, 

Jorge

8/24/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Adrover (PREPA) regarding litigation exposure 

validation project and next steps to support PREPA's FY 2019 audit.

PR

6 Gil, Gerard 8/24/21 0.8 500.00 $ 400.00 $ Prepare additional commentary to the latest draft of the GridCo-GenCo 

Operating Agreement for submission to P3 Authority and review related notes 

from discussions with PREPA counsel.

PR

3 Porter, Lucas 8/24/21 0.4 570.00 $ 228.00 $ Review and revise comments from G. Gil (ACG) regarding FY 2022 fiscal plan 

implementation in preparation for meeting F. Padilla (PREPA).

Not in PR

3 Porter, Lucas 8/24/21 0.5 570.00 $ 285.00 $ Review requests from, and respond to, A. Zabala (S&L) regarding the purchased 

power costs included in FY 2022 fiscal plan projection.

Not in PR

2 Keys, Jamie 8/24/21 0.7 330.00 $ 231.00 $ Review the weekly cash flow forecast distributed to N. Morales (PREPA) by P. 

Crisalli (ACG) prior to distribution to creditors.

Not in PR

3 San Miguel, 

Jorge

8/24/21 0.4 620.00 $ 248.00 $ Participate on call with G. Gil (ACG) to discuss agenda items for call with F. 

Padilla (PREPA), and other members of the advisory team, regarding FY 2022 

fiscal plan implementation.

PR

60 Costa, Lindsey 8/24/21 1.6 460.00 $ 736.00 $ Review various correspondence received from J. Dirlam (ACG) along with PDF 

and Excel attachments containing questions related to the FY 2019 SWAP 

valuations.

Not in PR

3 Gil, Gerard 8/24/21 0.4 500.00 $ 200.00 $ Participate on call with J. San Miguel (ACG) to discuss agenda items for call 

with F. Padilla (PREPA), and other members of the advisory team, regarding FY 

2022 fiscal plan implementation.

PR

50 Marino, 

Nicholas

8/24/21 1.3 495.00 $ 643.50 $ Read and aggregate PREPA related news for J. Smith (ACG) to inform 

discussion materials for the 9/3/21 bi-weekly mediation call.

Not in PR

2 Keys, Jamie 8/24/21 0.6 330.00 $ 198.00 $ Prepare summary of local contractor funding for P. Crisalli (ACG) for the week 

ended 8/20/21.

Not in PR

2 San Miguel, 

Jorge

8/24/21 0.2 620.00 $ 124.00 $ Review updated cash flow forecast provided by P. Crisalli (ACG) for discussion 

with N. Morales (PREPA).

PR

6 Smith, James 8/24/21 1.9 750.00 $ 1,425.00 $ Review and provide comments to G. Gil (ACG) on the draft GenCo-GridCo 

Agreed Operating Procedures and Interconnection Agreement to support the 

T&D ang GenCo transitions.

Not in PR

60 Costa, Lindsey 8/24/21 0.1 460.00 $ 46.00 $ Review correspondence from J. Dirlam (ACG) to A. Singh (ACG) related to the 

breakdown of the prior FY 2019 SWAP valuation.

Not in PR

3 Porter, Lucas 8/24/21 0.9 570.00 $ 513.00 $ Analyze the purchased power costs included in FY 2022 fiscal plan projection 

to inform response to A. Zabala (S&L) regarding the PREPA renewable 

procurement initiative.

Not in PR

51 Keys, Jamie 8/24/21 1.1 330.00 $ 363.00 $ Participate on telephone call with S. Diaz (ARI) regarding suggested changes to 

the weekly project worksheet status report.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 32 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 170 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Keys, Jamie 8/24/21 1.1 330.00 $ 363.00 $ Review updated project worksheet amounts included in the weekly project 

worksheet status report for use in the FEMA flash report.

Not in PR

25 Parker, 

Christine

8/24/21 1.0 200.00 $ 200.00 $ Review time descriptions to the Ankura August 2021 monthly fee statement for 

information currently assembled.

Not in PR

2 Keys, Jamie 8/24/21 0.9 330.00 $ 297.00 $ Revise the cash flow for the week ended 8/20/21 per additional comments 

provided by P. Crisalli (ACG).

Not in PR

51 San Miguel, 

Jorge

8/24/21 0.4 620.00 $ 248.00 $ Participate on the weekly conference call with G. Gil (ACG) and various 

representatives of King & Spalding, PREPA and other PREPA advisors to 

discuss federal funding matters, challenges and next steps.

PR

3 Gil, Gerard 8/24/21 1.1 500.00 $ 550.00 $ Review and analyze RFIs received from FOMB regarding the FY 2022 fiscal 

plan initiative related to labor sent by N. Morales (PREPA) along with related 

materials to inform potential responses.

PR

60 Costa, Lindsey 8/24/21 0.5 460.00 $ 230.00 $ Participate on calls with J. Dirlam (ACG) to discuss questions related to the 

PREPA SWAP valuations.

Not in PR

3 San Miguel, 

Jorge

8/24/21 0.2 620.00 $ 124.00 $ Participate on call with F. Padilla (PREPA) regarding reporting and oversight of 

the federal funding process for generation projects.

PR

3 San Miguel, 

Jorge

8/24/21 0.6 620.00 $ 372.00 $ Prepare material for J. Adrover (PREPA) and N. Morales (PREPA) review 

related to litigation exposure validation project in support of PREPA's FY 2019 

audit.

PR

3 Gil, Gerard 8/24/21 0.6 500.00 $ 300.00 $ Review the PREB dockets to inform FY 2022 fiscal plan implementation 

efforts.

PR

51 San Miguel, 

Jorge

8/24/21 1.0 620.00 $ 620.00 $ Review emergency vendor information provided by M. DiConza (OMM) and E. 

Abbott (BD) to determine next steps prior to discussions with representatives of 

AAFAF and PREPA.

PR

51 Gil, Gerard 8/24/21 0.4 500.00 $ 200.00 $ Participate on the weekly conference call with J. San Miguel (ACG) and various 

representatives of King & Spalding, PREPA and other PREPA advisors to 

discuss federal funding matters, challenges and next steps.

PR

3 Gil, Gerard 8/24/21 1.0 500.00 $ 500.00 $ Participate on weekly conference call led by F. Padilla (PREPA), with other 

members of the PREPA advisory team, to discuss open workstreams and next 

steps regarding FY 2022 fiscal plan implementation.

PR

3 San Miguel, 

Jorge

8/25/21 0.8 620.00 $ 496.00 $ Review the FOMB 104c RFI regarding the PREPA mobility project and detailed 

information requested from AAFAF, OMB, PREPA and Luma in preparation for 

meeting with responding parties.

PR

40 San Miguel, 

Jorge

8/25/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Adrover (PREPA) regarding agenda for meeting 

with PREPA finance, human resources and Ankura regarding statistical 

validation project to support FY 2019 financial statement audit.

PR

6 Gil, Gerard 8/25/21 1.9 500.00 $ 950.00 $ Review the latest updated GridCo-GenCo Operating Agreement and Agreed 

Operating Procedures and prepare commentary for submission to PREPA and 

its legal team.

PR

50 Keys, Jamie 8/25/21 0.9 330.00 $ 297.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution to creditors.

Not in PR

3 Marino, 

Nicholas

8/25/21 1.1 495.00 $ 544.50 $ Develop tracker to support PREPA and AAFAF in managing responses to the 

FOMB 104c RFI as requested by J. San Miguel (ACG).

Not in PR

3 San Miguel, 

Jorge

8/25/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) and G. Gil (ACG) regarding the 

FOMB 104c RFI related to the PREPA mobility project.

PR

40 San Miguel, 

Jorge

8/25/21 0.6 620.00 $ 372.00 $ Review requests for statistical analysis support from PREPA related to the FY 

2019 financial statement audit process.

PR

60 Dirlam, Josh 8/25/21 4.2 293.00 $ 1,230.60 $ Reconcile prior valuation with the updated analysis to determine differences 

between methodologies and market data.

Not in PR

3 San Miguel, 

Jorge

8/25/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Loran (AAFAF) regarding next steps and 

coordination with OMB to respond to FOMB RFI related to PREPA mobility 

program.

PR

51 Keys, Jamie 8/25/21 0.8 330.00 $ 264.00 $ Participate on telephone call with J. Rosado (ARI) regarding additional 

information needed for the management cost project worksheet RFR.

Not in PR

3 Gil, Gerard 8/25/21 0.6 500.00 $ 300.00 $ Review and prepare notes on action items for upcoming conference call to 

discuss the FOMB RFI on labor and pension-related expenses.

PR

60 Dirlam, Josh 8/25/21 1.9 293.00 $ 556.70 $ Participate on call with L. Costa (ACG) regarding PREPA SWAP Portfolio 

valuation methodology and market data.

Not in PR

3 Marino, 

Nicholas

8/25/21 0.4 495.00 $ 198.00 $ Update the tracker to support PREPA and AAFAF in managing responses to the 

FOMB 104c RFI as requested by J. San Miguel (ACG).

Not in PR

3 Marino, 

Nicholas

8/25/21 1.6 495.00 $ 792.00 $ Finalize PREPA Annual Financial Information and Operating Data Report 

workbook through FY 2018.

Not in PR

3 Gil, Gerard 8/25/21 1.4 500.00 $ 700.00 $ Review Restructuring Support Agreement materials to respond to RFIs received 

from AAFAF.

PR

50 Crisalli, Paul 8/25/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG) 

prior to distribution.

Not in PR

50 Smith, James 8/25/21 1.7 750.00 $ 1,275.00 $ Watch portion of the PREPA Board of Directors meeting to collect information 

relevant to the creditor update workstream.

Not in PR

60 Singh, Abhijit 8/25/21 1.3 185.00 $ 240.50 $ Prepare replication of the JP Morgan SWAP. Not in PR

Exhibit C

September 30, 2021 / #PR00050 33 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 171 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Crisalli, Paul 8/25/21 0.2 875.00 $ 175.00 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

50 Keys, Jamie 8/25/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

creditor package.

Not in PR

3 San Miguel, 

Jorge

8/25/21 1.1 620.00 $ 682.00 $ Participate on call with N. Morales (PREPA), G. Loran (AAFAF), J. Blanco 

(OMB) and G. Gil (ACG) to discuss the FOMB RFI related to the PREPA 

mobility program and next steps to comply with requests.

PR

50 Keys, Jamie 8/25/21 0.7 330.00 $ 231.00 $ Prepare the weekly reporting package for distribution to creditors. Not in PR

60 Dirlam, Josh 8/25/21 0.9 293.00 $ 263.70 $ Edit the credit analysis based on internal discussion between L. Costa (ACG) 

and J. Ciancanelli (ACG). 

Not in PR

3 Marino, 

Nicholas

8/25/21 0.4 495.00 $ 198.00 $ Participate in discussion with J. San Miguel (ACG) regarding the development 

of a tracker to support PREPA and AAFAF in managing responses to the FOMB 

104c RFI.

Not in PR

60 Costa, Lindsey 8/25/21 1.9 460.00 $ 874.00 $ Participate on call with J. Dirlam (ACG) regarding PREPA SWAP Portfolio 

valuation methodology and market data.

Not in PR

3 Gil, Gerard 8/25/21 1.1 500.00 $ 550.00 $ Participate on call with N. Morales (PREPA), G. Loran (AAFAF), J. Blanco 

(OMB) and J. San Miguel (ACG) to discuss the FOMB RFI related to the 

PREPA mobility program and next steps to comply with requests.

PR

50 Keys, Jamie 8/25/21 0.2 330.00 $ 66.00 $ Correspond with N. Morales (PREPA) regarding changes to the weekly FEMA 

flash report.

Not in PR

60 Dirlam, Josh 8/25/21 3.1 293.00 $ 908.30 $ Edit the Credit Value Adjustment model based on internal discussions between 

L. Costa (ACG) and J. Ciancanelli (ACG). 

Not in PR

2 Crisalli, Paul 8/25/21 0.5 875.00 $ 437.50 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

3 Gil, Gerard 8/25/21 0.3 500.00 $ 150.00 $ Participate on call with N. Morales (PREPA) and J. San Miguel (ACG) 

regarding the FOMB 104c RFI related to the PREPA mobility project.

PR

50 Marino, 

Nicholas

8/25/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 9/3/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 8/25/21 0.5 500.00 $ 250.00 $ Participate on call with J. San Miguel (ACG) to discuss takeaways and next 

steps to address PREPA and AAFAF requests related to the FOMB RFI related 

to the PREPA mobility program.

PR

50 Keys, Jamie 8/25/21 1.2 330.00 $ 396.00 $ Prepare the weekly FEMA flash report for the week ended 8/20/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Marino, 

Nicholas

8/25/21 0.6 495.00 $ 297.00 $ Develop key takeaways regarding work performed to date regarding PREPA's 

Annual Financial Information and Operating Data Report updated through FY 

2018.

Not in PR

60 Singh, Abhijit 8/25/21 0.7 185.00 $ 129.50 $ Perform due diligence of the prior SWAP analysis. Not in PR

60 Singh, Abhijit 8/25/21 0.5 185.00 $ 92.50 $ Prepare replication of the UBS SWAP. Not in PR

3 San Miguel, 

Jorge

8/25/21 0.5 620.00 $ 310.00 $ Participate on call with G. Gil (ACG) to discuss takeaways and next steps to 

address PREPA and AAFAF requests related to the FOMB RFI related to the 

PREPA mobility program.

PR

3 San Miguel, 

Jorge

8/25/21 0.4 620.00 $ 248.00 $ Participate in discussion with N. Marino (ACG) regarding the development of a 

tracker to support PREPA and AAFAF in managing responses to the FOMB 

104c RFI.

PR

3 Gil, Gerard 8/25/21 0.6 500.00 $ 300.00 $ Review and provide edits to draft working group tracker for response to FOMB 

RFIs related to labor and pension expenses.

PR

3 Marino, 

Nicholas

8/25/21 0.3 495.00 $ 148.50 $ Aggregate status update items for ScottMadden regarding PREPA's FY 2015 - 

FY 2018 financial statements and related Annual Financial Information and 

Operating Data Report through FY 2018.

Not in PR

3 San Miguel, 

Jorge

8/25/21 0.7 620.00 $ 434.00 $ Review and provide comments to the draft tracker provided by N. Marino 

(ACG) regarding responses to the FOMB RFI.

PR

60 Costa, Lindsey 8/25/21 1.0 460.00 $ 460.00 $ Review the FY 2019 Credit Spread Analysis. Not in PR

3 Gil, Gerard 8/25/21 0.4 500.00 $ 200.00 $ Participate in discussion with N. Morales (PREPA) regarding follow-up items 

from working session with AAFAF and OMB to inform response to FOMB RFI 

related to labor and pension expenses.

PR

3 Gil, Gerard 8/25/21 0.3 500.00 $ 150.00 $ Participate on call with AAFAF representatives to discuss various PREPA debt 

related items associated with the FY 2022 fiscal plan implementation.

PR

2 Crisalli, Paul 8/25/21 0.4 875.00 $ 350.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

50 Keys, Jamie 8/25/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly creditor 

package.

Not in PR

50 Keys, Jamie 8/25/21 0.7 330.00 $ 231.00 $ Review the weekly cash flow forecast documents prior to distribution to 

creditors.

Not in PR

3 San Miguel, 

Jorge

8/26/21 0.4 620.00 $ 248.00 $ Participate on call with G. Loran (AAFAF) to discuss OMB, PREPA and 

OATRH response coordination related to FOMB RFI on PREPA mobility 

program.

PR

50 Smith, James 8/26/21 1.0 750.00 $ 750.00 $ Participate on call with G. Soto (Luma) to discuss generation system updates for 

the creditor reporting workstream.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 34 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 172 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 San Miguel, 

Jorge

8/26/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Morales (PREPA) regarding response process 

for FOMB RFI on PREPA mobility program.

PR

3 San Miguel, 

Jorge

8/26/21 0.5 620.00 $ 310.00 $ Prepare comments requested by N. Morales (PREPA) for discussion with 

PREPA management and Hacienda in support of FY 2018 and FY 2019 

financial statement audit process.

PR

3 San Miguel, 

Jorge

8/26/21 0.7 620.00 $ 434.00 $ Review updated mobility plan tracker from N. Marino (ACG) and inputs 

received from representatives of PREPA, OMB and AAFAF.

PR

3 San Miguel, 

Jorge

8/26/21 1.3 620.00 $ 806.00 $ Review documents sent by N. Morales (PREPA) from Hacienda related to 

PREPA's financial statement audit.

PR

50 Smith, James 8/26/21 0.6 750.00 $ 450.00 $ Review generation operations and outage reports received from G. Soto (Luma) 

and other publicly available information in support of the creditor reporting 

workstream.

Not in PR

3 Keys, Jamie 8/26/21 0.7 330.00 $ 231.00 $ Review the 725 report provided by N. Morales (PREPA) for use in 

understanding operating expenses by responsibility as compared to the FY 2021 

fiscal plan.

Not in PR

3 San Miguel, 

Jorge

8/26/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Morales (PREPA) regarding information 

request letter for Luma in support of FOMB RFI on PREPA mobility program.

PR

60 Dirlam, Josh 8/26/21 2.6 293.00 $ 761.80 $ Revise and prepare additional sections of the client deliverable report related to 

SWAP analysis methodology.

Not in PR

3 Marino, 

Nicholas

8/26/21 0.3 495.00 $ 148.50 $ Review updated tracker of Sec 104c RFI items related to the FOMB 8/24/21 

letter per G. Gil (ACG) edits.

Not in PR

60 Costa, Lindsey 8/26/21 0.1 460.00 $ 46.00 $ Review correspondence from J. Dirlam (ACG) related to bond ratings for the FY 

2019 SWAP valuation.

Not in PR

50 Smith, James 8/26/21 1.9 750.00 $ 1,425.00 $ Prepare weekly fleet status report for N. Rivera (PREPA) and the Ankura team 

in support of the creditor reporting workstream. 

Not in PR

3 San Miguel, 

Jorge

8/26/21 0.4 620.00 $ 248.00 $ Review responses from J. Medina (OMB) related to FOMB RFI on PREPA 

mobility program for integration into tracker.

PR

60 Dirlam, Josh 8/26/21 0.3 293.00 $ 87.90 $ Participate on call with L. Costa (ACG) to discuss the FY 2019 SWAP valuation 

assumptions prior to submitting to J. Ciancanelli (ACG) for review.

Not in PR

50 Marino, 

Nicholas

8/26/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 9/3/21 bi-weekly mediation call.

Not in PR

25 Parker, 

Christine

8/26/21 0.7 200.00 $ 140.00 $ Assemble time descriptions for the period 8/15/21 - 8/21/21 for inclusion in the 

Ankura August 2021 monthly fee statement.

Not in PR

51 Keys, Jamie 8/26/21 1.1 330.00 $ 363.00 $ Participate on telephone call with J. Rosado (ARI) regarding pending 

information needed for the management cost project worksheet RFR.

Not in PR

50 Keys, Jamie 8/26/21 0.6 330.00 $ 198.00 $ Prepare submission of the weekly excel files for FOMB reporting. Not in PR

60 Costa, Lindsey 8/26/21 0.3 460.00 $ 138.00 $ Participate on call with J. Dirlam (ACG) to discuss the FY 2019 SWAP 

valuation assumptions prior to submitting to J. Ciancanelli (ACG) for review.

Not in PR

3 San Miguel, 

Jorge

8/26/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Morales (PREPA) regarding letter from 

Hacienda related to FY 2018 and FY 2019 financial statement audit process.

PR

51 Keys, Jamie 8/26/21 1.8 330.00 $ 594.00 $ Gather invoice information to support the management cost project worksheet 

RFR.

Not in PR

3 San Miguel, 

Jorge

8/26/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Morales (PREPA) regarding update on Y. 

Hickey (FOMB) request and status of responses from OMB to support FOMB 

RFI on PREPA mobility program.

PR

3 San Miguel, 

Jorge

8/26/21 0.5 620.00 $ 310.00 $ Prepare draft letter to Luma requesting information pursuant to FOMB RFI on 

PREPA mobility program for discussion with N. Morales (PREPA).

PR

6 San Miguel, 

Jorge

8/26/21 1.8 620.00 $ 1,116.00 $ Further review and comment on draft GridCo-GenCo Operating Agreement and 

T&D O&M agreement in preparation for discussions with PREPA management 

and K. Bolanos (DV).

PR

3 Marino, 

Nicholas

8/26/21 0.3 495.00 $ 148.50 $ Review draft response letter proposed for Luma regarding Sec 104c RFI from 

FOMB per J. San Miguel (ACG) request.

Not in PR

60 Dirlam, Josh 8/26/21 2.0 293.00 $ 586.00 $ Adjust the FY 2019 PREPA credit analysis based on internal discussions with 

L. Costa (ACG) to ensure relevant data was incorporated.

Not in PR

3 San Miguel, 

Jorge

8/26/21 0.3 620.00 $ 186.00 $ Review and respond to email from Y. Hickey (FOMB) related to information on 

PREPA mobility program.

PR

6 Smith, James 8/27/21 1.0 750.00 $ 750.00 $ Review the updated draft of the GridCo-GenCo Operating Agreement provided 

by K. Bolanos (DV).

Not in PR

60 Costa, Lindsey 8/27/21 1.2 460.00 $ 552.00 $ Update the Excel SWAP valuation models based on review comments received 

from J. Ciancanelli (ACG).

Not in PR

40 San Miguel, 

Jorge

8/27/21 0.3 620.00 $ 186.00 $ Coordinate meeting with J. Adrover (PREPA) and S. Carr (ACG) to discuss 

statistical analysis support to advance audited financial statements for FY 2018 

and FY 2019.

PR

Exhibit C

September 30, 2021 / #PR00050 35 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 173 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 San Miguel, 

Jorge

8/27/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Adrover (PREPA) regarding status of additional 

responses to inform FOMB 104c RFI letter related to PREPA Voluntary 

Transition Program.

PR

25 Keys, Jamie 8/27/21 0.6 330.00 $ 198.00 $ Update the Ankura July 2021 monthly fee statement for additional information 

provided by Ankura team.

Not in PR

3 San Miguel, 

Jorge

8/27/21 0.3 620.00 $ 186.00 $ Participate on call with G. Loran (AAFAF) to review status of responses from 

OMB to FOMB RFI related to PREPA employee mobility and next steps.

PR

3 Porter, Lucas 8/27/21 1.4 570.00 $ 798.00 $ Prepare the generation operational report for the week ended 8/22/21 based on 

data from G. Soto (Luma) for the FOMB as required by the PREPA FY 2022 

certified fiscal plan.

Not in PR

60 Ciancanelli, 

John

8/27/21 0.4 665.00 $ 266.00 $ Participate on call with L. Costa (ACG) to discuss review of the FY 2019 

SWAP model.

Not in PR

3 Keys, Jamie 8/27/21 0.8 330.00 $ 264.00 $ Review the most recent fuel and purchased power analysis circulated by L. 

Porter (ACG) for use in reporting on the FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 8/27/21 0.2 570.00 $ 114.00 $ Prepare responding information for A. Zabala (S&L) regarding FY 2022 fiscal 

plan fuel procurement initiative.

Not in PR

3 San Miguel, 

Jorge

8/27/21 0.3 620.00 $ 186.00 $ Review correspondence from Y. Hickey (FOMB) regarding PREPA mobility 

data under voluntary transition plan and prepare response thereto.

PR

60 Dirlam, Josh 8/27/21 0.6 293.00 $ 175.80 $ Participate on call with J. Ciancanelli (ACG) and L. Costa (ACG) to discuss the 

FY 2019 PREPA SWAP valuations and reconciliation to the prior Ankura 

analysis.

Not in PR

40 San Miguel, 

Jorge

8/27/21 0.4 620.00 $ 248.00 $ Review statistical analysis support requested by N. Morales (PREPA) and J. 

Adrover (PREPA) to inform audited financial statements for FY 2018 and FY 

2019.

PR

60 Dirlam, Josh 8/27/21 0.5 293.00 $ 146.50 $ Adjust the PREPA valuation model based on internal discussions with L. Costa 

(ACG) to further refine the valuation assumptions prior to review by J. 

Ciancanelli (ACG).

Not in PR

60 Ciancanelli, 

John

8/27/21 0.6 665.00 $ 399.00 $ Participate on call with J. Dirlam (ACG) and L. Costa (ACG) to discuss the FY 

2019 PREPA SWAP valuations and reconciliation to the prior Ankura analysis.

Not in PR

60 Costa, Lindsey 8/27/21 0.4 460.00 $ 184.00 $ Participate on call with J. Ciancanelli (ACG) to discuss review of the FY 2019 

SWAP model.

Not in PR

60 Costa, Lindsey 8/27/21 2.1 460.00 $ 966.00 $ Update the FY 2019 reconciliation file to break down differences in more detail 

from the prior FY 2019 SWAP valuation and the updated FY 2019 SWAP 

valuation.

Not in PR

60 Ciancanelli, 

John

8/27/21 3.5 665.00 $ 2,327.50 $ Review and edit the FY 2019 SWAP model prepared for financial reporting 

purposes. 

Not in PR

6 San Miguel, 

Jorge

8/27/21 0.9 620.00 $ 558.00 $ Prepare agenda and meeting schedule for F. Padilla (PREPA) to support 

reporting and recordkeeping of federal funding initiatives for GenCo and 

Holdco.

PR

60 Costa, Lindsey 8/27/21 1.5 460.00 $ 690.00 $ Perform detailed review of the FY 2019 SWAP valuation Credit Spread 

Analysis.

Not in PR

60 Costa, Lindsey 8/27/21 1.0 460.00 $ 460.00 $ Perform detailed review of the JP Morgan and UBS FY 2019 SWAP valuations 

Haircut analysis.

Not in PR

60 Costa, Lindsey 8/27/21 0.6 460.00 $ 276.00 $ Participate on call with J. Ciancanelli (ACG) and J. Dirlam (ACG) to discuss the 

FY 2019 PREPA SWAP valuations and reconciliation to the prior Ankura 

analysis.

Not in PR

60 Costa, Lindsey 8/27/21 2.2 460.00 $ 1,012.00 $ Perform detailed review of the JP Morgan and UBS FY 2019 SWAP valuations 

Credit Value Adjustment analysis.

Not in PR

25 Keys, Jamie 8/27/21 1.8 330.00 $ 594.00 $ Review the current draft of the Ankura July 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

3 Porter, Lucas 8/27/21 0.2 570.00 $ 114.00 $ Review the updated daily generation reports received from G. Soto (Luma) to 

inform development of the generation operational report for the week ending 

8/22/21 required by the FY 2022 certified fiscal plan.

Not in PR

3 San Miguel, 

Jorge

8/27/21 0.4 620.00 $ 248.00 $ Review data provided by G. Loran (AAFAF) to inform response to FOMB 104c 

RFI letter related to PREPA's Voluntary Transition Program.

PR

3 San Miguel, 

Jorge

8/27/21 0.5 620.00 $ 310.00 $ Review message and attachments from J. Medina (OMB) to inform responses to 

FOMB 104c letter RFI related to PREPA mobility program under Voluntary 

Transition Plan.

PR

3 Gil, Gerard 8/27/21 0.3 500.00 $ 150.00 $ Participate on calls with L. Matias (PREPA) and C. Rodriguez (PREPA) related 

to FOMB certified budget for FY 2022 and maintenance projects. 

PR

2 Keys, Jamie 8/27/21 0.4 330.00 $ 132.00 $ Review the daily cash flow report circulated by J. Roque (Luma) for use in cash 

flow updates.

Not in PR

3 San Miguel, 

Jorge

8/27/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Morales (PREPA) regarding status of 

responses due to FOMB related to 8/24/21 RFI concerning PREPA employee 

mobility.

PR

Exhibit C

September 30, 2021 / #PR00050 36 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 174 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 San Miguel, 

Jorge

8/29/21 0.8 620.00 $ 496.00 $ Review and provide comments to the draft GridCo-GenCo Operating 

Agreement in preparation for discussion with the P3 Authority advisory group, 

PREPA and Luma.

PR

6 Porter, Lucas 8/30/21 1.7 570.00 $ 969.00 $ Participate in working session with J. San Miguel (ACG), G. Gil (ACG) and J. 

Smith (ACG) to review and provide comments to the draft GridCo-GenCo 

Operating Agreement in preparation for discussion with K. Bolanos (DV), 

PREPA and the P3 Authority advisory group.

Not in PR

2 Keys, Jamie 8/30/21 1.8 330.00 $ 594.00 $ Prepare the weekly cash flow outputs for the week ended 8/27/21 for review by 

P. Crisalli (ACG).

Not in PR

6 San Miguel, 

Jorge

8/30/21 1.7 620.00 $ 1,054.00 $ Participate in working session with J. Smith (ACG), G. Gil (ACG), L. Porter 

(ACG), L. Santa (PREPA), S. Torres (P3A), C. Kordula (CGSH), V. Del Rio 

(CGSH), K. Findley (Luma), M. Hurtado (Luma), A. Engbloom (Luma), B. 

Walshe (Luma) and other representatives of P3 Authority and Luma to review 

and discuss revisions to the GridCo-GenCo Operating Agreement (partial).

PR

25 Keys, Jamie 8/30/21 1.0 330.00 $ 330.00 $ Revise the Ankura July 2021 monthly fee statement prior to distribution to P. 

Crisalli (ACG) for review.

Not in PR

6 Porter, Lucas 8/30/21 0.6 570.00 $ 342.00 $ Review summary of comments received from K. Findley (Luma) regarding the 

8/18/21 draft of the GridCo-GenCo Operating Agreement.

Not in PR

3 Gil, Gerard 8/30/21 0.9 500.00 $ 450.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

6 Porter, Lucas 8/30/21 0.4 570.00 $ 228.00 $ Participate on call with J. San Miguel (ACG) to discuss key takeaways and 

action items from call with P3 Authority and Luma teams regarding the GridCoGenCo Operating Agreement.

Not in PR

6 Porter, Lucas 8/30/21 2.0 570.00 $ 1,140.00 $ Participate in working session with J. Smith (ACG), G. Gil (ACG), J. San 

Miguel (ACG), L. Santa (PREPA), S. Torres (P3A), C. Kordula (CGSH), V. Del 

Rio (CGSH), K. Findley (Luma), M. Hurtado (Luma), A. Engbloom (Luma), B. 

Walshe (Luma) and other representatives of P3 Authority and Luma to review 

and discuss revisions to the GridCo-GenCo Operating Agreement.

Not in PR

6 Smith, James 8/30/21 1.7 750.00 $ 1,275.00 $ Participate in working session with L. Porter (ACG), G. Gil (ACG) and J. San 

Miguel (ACG) to review and provide comments to the draft GridCo-GenCo 

Operating Agreement in preparation for discussion with K. Bolanos (DV), 

PREPA and the P3 Authority advisory group.

Not in PR

3 Keys, Jamie 8/30/21 0.9 330.00 $ 297.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

6 Porter, Lucas 8/30/21 0.7 570.00 $ 399.00 $ Incorporate additional comments with suggested revisions received from J. San 

Miguel (ACG) and G. Gil (ACG) into the updated draft of the GridCo-GenCo 

Operating Agreement for submittal to P3 Authority.

Not in PR

60 Costa, Lindsey 8/30/21 3.2 460.00 $ 1,472.00 $ Combine the FY 2019 Interest Rate SWAP Credit Value Adjustment model and 

Haircut model for use in review of data.

Not in PR

60 Dirlam, Josh 8/30/21 1.0 293.00 $ 293.00 $ Update client deliverable model and exhibits to align with client deliverable 

report.

Not in PR

6 Gil, Gerard 8/30/21 0.8 500.00 $ 400.00 $ Review and analyze summary of comments received from K. Findley (Luma) 

regarding the 8/18/21 draft of the GridCo-GenCo Operating Agreement.

PR

6 Gil, Gerard 8/30/21 0.6 500.00 $ 300.00 $ Review draft responding comments to summary received from K. Findley 

(Luma) regarding the 8/18/21 draft of the GridCo-GenCo Operating Agreement 

to prepare for upcoming conference call.

PR

6 Gil, Gerard 8/30/21 1.7 500.00 $ 850.00 $ Participate in working session with L. Porter (ACG), J. San Miguel (ACG) and 

J. Smith (ACG) to review and provide comments to the draft GridCo-GenCo 

Operating Agreement in preparation for discussion with K. Bolanos (DV), 

PREPA and the P3 Authority advisory group.

PR

6 Gil, Gerard 8/30/21 1.2 500.00 $ 600.00 $ Review updated commentary regarding the updated draft of the GridCo-GenCo 

Operating Agreement for submittal to P3 Authority.

PR

2 Keys, Jamie 8/30/21 0.7 330.00 $ 231.00 $ Prepare summary email of suggested changes for the cash flow outputs for 

review by P. Crisalli (ACG).

Not in PR

6 Porter, Lucas 8/30/21 1.0 570.00 $ 570.00 $ Prepare the final draft of the GridCo-GenCo Operating Agreement for based on 

working session with PREPA, Luma and P3 Authority teams.

Not in PR

6 Smith, James 8/30/21 0.8 750.00 $ 600.00 $ Review comments provided by Luma on the draft GridCo-GenCo Operating 

Agreement.

Not in PR

40 San Miguel, 

Jorge

8/30/21 0.4 620.00 $ 248.00 $ Review the statistical analysis and validation project related to litigation 

exposure case in preparation for call with PREPA Finance and Human 

Resources.

PR

60 Dirlam, Josh 8/30/21 3.0 293.00 $ 879.00 $ Prepare the client deliverable report and prepare corroborating evidence section 

of report.

Not in PR

3 San Miguel, 

Jorge

8/30/21 0.5 620.00 $ 310.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting (partial).

PR

Exhibit C

September 30, 2021 / #PR00050 37 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 175 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 San Miguel, 

Jorge

8/30/21 1.7 620.00 $ 1,054.00 $ Participate in working session with L. Porter (ACG), G. Gil (ACG) and J. Smith 

(ACG) to review and provide comments to the draft GridCo-GenCo Operating 

Agreement in preparation for discussion with K. Bolanos (DV), PREPA and the 

P3 Authority advisory group.

PR

6 San Miguel, 

Jorge

8/30/21 0.4 620.00 $ 248.00 $ Participate on call with L. Porter (ACG) to discuss key takeaways and action 

items from call with P3 Authority and Luma teams regarding the GridCo-GenCo 

Operating Agreement.

PR

40 San Miguel, 

Jorge

8/30/21 1.6 620.00 $ 992.00 $ Participate on call with PREPA Finance and Human Resources personnel to 

discuss the statistical analysis and validation of litigation exposure case in 

support of the FY 2019 financial statement audit process.

PR

3 Marino, 

Nicholas

8/30/21 0.9 495.00 $ 445.50 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

6 Porter, Lucas 8/30/21 0.2 570.00 $ 114.00 $ Participate on call with J. San Miguel (ACG) to discuss comments and proposed 

revisions to the draft GridCo-GenCo Operating Agreement provided by a P3 

Authority prior to discussion with the P3 Authority advisory group, PREPA and 

Luma.

Not in PR

3 San Miguel, 

Jorge

8/30/21 0.3 620.00 $ 186.00 $ Participate on call with G. Loran (AAFAF) regarding response status to FOMB 

104c letter dated 8/24/21.

PR

3 Smith, James 8/30/21 0.5 750.00 $ 375.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting (partial).

Not in PR

50 Gil, Gerard 8/30/21 0.1 500.00 $ 50.00 $ Review follow-up request to Luma from L. Porter (ACG) regarding FY 2022 

budget inquiries for J. San Miguel (ACG) to inform mediation related 

discussions.

PR

6 Porter, Lucas 8/30/21 0.4 570.00 $ 228.00 $ Prepare responding comments to summary received from K. Findley (Luma) 

regarding the 8/18/21 draft of the GridCo-GenCo Operating Agreement.

Not in PR

50 Keys, Jamie 8/30/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the monthly 

accounts receivable reports.

Not in PR

6 Gil, Gerard 8/30/21 2.0 500.00 $ 1,000.00 $ Participate in working session with J. Smith (ACG), J. San Miguel (ACG), L. 

Porter (ACG), L. Santa (PREPA), S. Torres (P3A), C. Kordula (CGSH), V. Del 

Rio (CGSH), K. Findley (Luma), M. Hurtado (Luma), A. Engbloom (Luma), B. 

Walshe (Luma) and other representatives of P3 Authority and Luma to review 

and discuss revisions to the GridCo-GenCo Operating Agreement.

PR

6 San Miguel, 

Jorge

8/30/21 0.2 620.00 $ 124.00 $ Participate on call with L. Porter (ACG) to discuss comments and proposed 

revisions to the draft GridCo-GenCo Operating Agreement provided by a P3 

Authority prior to discussion with the P3 Authority advisory group, PREPA and 

Luma.

PR

50 Porter, Lucas 8/30/21 0.2 570.00 $ 114.00 $ Prepare follow-up request to Luma regarding FY 2022 budget inquiries for J. 

San Miguel (ACG) to inform mediation related discussions.

Not in PR

3 San Miguel, 

Jorge

8/30/21 0.4 620.00 $ 248.00 $ Review and revise letter to Luma requesting supporting information to respond 

to the FOMB 104c RFI related to the PREPA employee mobility data.

PR

3 San Miguel, 

Jorge

8/30/21 0.6 620.00 $ 372.00 $ Review report on potential litigation exposure provided by J. Adrover (PREPA) 

in preparation for meeting with PREPA Finance and HR.

PR

3 Porter, Lucas 8/30/21 0.9 570.00 $ 513.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

50 Keys, Jamie 8/30/21 0.7 330.00 $ 231.00 $ Review the monthly accounts receivable reports prior to distribution. Not in PR

6 Smith, James 8/30/21 2.0 750.00 $ 1,500.00 $ Participate in working session with J. San Miguel (ACG), G. Gil (ACG), L. 

Porter (ACG), L. Santa (PREPA), S. Torres (P3A), C. Kordula (CGSH), V. Del 

Rio (CGSH), K. Findley (Luma), M. Hurtado (Luma), A. Engbloom (Luma), B. 

Walshe (Luma) and other representatives of P3 Authority and Luma to review 

and discuss revisions to the GridCo-GenCo Operating Agreement.

Not in PR

6 Porter, Lucas 8/30/21 0.9 570.00 $ 513.00 $ Review comments from J. San Miguel (ACG) and G. Gil (ACG) to the updated 

draft of the GridCo-GenCo Operating Agreement.

Not in PR

6 Gil, Gerard 8/30/21 0.3 500.00 $ 150.00 $ Review comments received from L. Porter (ACG) regarding the legal and 

functional separation subsidiary entities to inform development of the GridCoGenCo Operating Agreement.

PR

6 Porter, Lucas 8/30/21 1.1 570.00 $ 627.00 $ Review the updated draft of the GridCo-GenCo Operating Agreement provided 

by K. Bolanos (DV).

Not in PR

50 San Miguel, 

Jorge

8/30/21 0.4 620.00 $ 248.00 $ Review operational and power plant status reports to inform discussion points 

for the 9/3/21 bi-weekly mediation call.

PR

6 Porter, Lucas 8/30/21 0.6 570.00 $ 342.00 $ Prepare comments for J. San Miguel (ACG), J. Smith (ACG) and G. Gil (ACG) 

regarding the legal and functional separation subsidiary entities to inform 

development of the GridCo-GenCo Operating Agreement.

Not in PR

50 Marino, 

Nicholas

8/30/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 9/3/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 8/30/21 0.4 570.00 $ 228.00 $ Review working capital analysis prepared by P. Crisalli (ACG) to inform 

discussion regarding the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

Exhibit C

September 30, 2021 / #PR00050 38 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 176 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Gil, Gerard 8/30/21 0.2 500.00 $ 100.00 $ Review correspondence from V. Del Rio (CGSH) regarding PREPA comments 

to the GridCo-GenCo Operating Agreement.

PR

6 Gil, Gerard 8/30/21 1.1 500.00 $ 550.00 $ Review the updated draft of the GridCo-GenCo Operating Agreement and the 

T&D O&M agreement in preparation for upcoming conference call with the P3 

Authority and Luma teams.

PR

6 Porter, Lucas 8/30/21 0.4 570.00 $ 228.00 $ Review and respond to follow-up questions received from V. Del Rio (CGSH) 

regarding PREPA comments to the GridCo-GenCo Operating Agreement.

Not in PR

3 Marino, 

Nicholas

8/31/21 0.6 495.00 $ 297.00 $ Update Sec 104c information request list tracker regarding the FOMB 8/24/21 

letter per materials received from J. Adrover (PREPA) and G. Loran (AAFAF).

Not in PR

2 San Miguel, 

Jorge

8/31/21 0.5 620.00 $ 310.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG), M. DiConza 

(OMM) and representatives of AAFAF regarding status of emergency vendor 

payments, invoices, amounts outstanding and FEMA proceeds to inform cash 

flow reporting.

PR

51 Keys, Jamie 8/31/21 0.6 330.00 $ 198.00 $ Participate on telephone call with C. Iglesias (I&I) regarding the latest 

emergency vendor invoice information.

Not in PR

6 Smith, James 8/31/21 0.2 750.00 $ 150.00 $ Review comments received from K. Bolanos (DV) to P3 Authority regarding the 

draft GridCo-GenCo Operating Agreement.

Not in PR

2 Crisalli, Paul 8/31/21 0.4 875.00 $ 350.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

3 Keys, Jamie 8/31/21 0.2 330.00 $ 66.00 $ Correspond with L. Porter (ACG) regarding the latest J28 report for use in 

updating the fuel and purchased power analysis for FY 2022 fiscal plan 

reporting.

Not in PR

3 Crisalli, Paul 8/31/21 0.8 875.00 $ 700.00 $ Participate on call with L. Porter (ACG) to review materials and prepare for call 

with PREPA and Sargent & Lundy representatives regarding the FY 2022 fiscal 

plan fuel procurement initiative working capital and liquidity analysis.

Not in PR

25 Crisalli, Paul 8/31/21 0.3 875.00 $ 262.50 $ Review the final Ankura July 2021 monthly fee statement. Not in PR

50 Smith, James 8/31/21 0.3 750.00 $ 225.00 $ Participate in discussion with J. San Miguel (ACG) regarding agenda items 

related to operational and regulatory developments in advance of the 9/3/21 biweekly mediation call.

Not in PR

2 Crisalli, Paul 8/31/21 0.8 875.00 $ 700.00 $ Develop templates for the cash flow and liquidity reports for the week ended 

8/27/21.

Not in PR

3 San Miguel, 

Jorge

8/31/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Marino (ACG) regarding updates to tracker on 

responses to FOMB 104c RFI for discussion with N. Morales (PREPA) and G. 

Loran (AAFAF).

PR

2 Porter, Lucas 8/31/21 0.5 570.00 $ 285.00 $ Participate on call with J. San Miguel (ACG), P. Crisalli (ACG), M. DiConza 

(OMM) and representatives of AAFAF regarding status of emergency vendor 

payments, invoices, amounts outstanding and FEMA proceeds to inform cash 

flow reporting.

Not in PR

6 Gil, Gerard 8/31/21 0.9 500.00 $ 450.00 $ Review comments received from K. Finley (Luma) related to the GridCo-GenCo 

Operating Agreement to prepare draft responses.

PR

51 San Miguel, 

Jorge

8/31/21 0.2 620.00 $ 124.00 $ Review update on COR3 process and timing for reimbursements due to PREPA 

for working capital in connection with funding related to emergency vendors.

PR

51 Keys, Jamie 8/31/21 0.8 330.00 $ 264.00 $ Review emergency vendor invoice information provided by C. Iglesias (I&I) to 

inform updates to the FEMA flash report.

Not in PR

50 San Miguel, 

Jorge

8/31/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) to discuss cash flow and 

operational updates in advance of the 9/3/21 bi-weekly mediation call.

PR

2 Crisalli, Paul 8/31/21 0.6 875.00 $ 525.00 $ Develop correspondence to Luma and PREPA regarding the weekly cash flow 

forecast, cash flow bridge analysis and causal factors of related variances.

Not in PR

3 Porter, Lucas 8/31/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) and K. Hernandez (S&L) to discuss 

next steps related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

60 Ciancanelli, 

John

8/31/21 0.2 665.00 $ 133.00 $ Conduct data analysis of libor rate rates used in the SWAP valuation model 

prepared for financial reporting purposes.

Not in PR

6 Porter, Lucas 8/31/21 0.8 570.00 $ 456.00 $ Review comments received from K. Finley (Luma) related to the GridCo-GenCo 

Operating Agreement.

Not in PR

2 Crisalli, Paul 8/31/21 2.0 875.00 $ 1,750.00 $ Review invoice detail provided by representatives of Iglesias, accounts payable 

aging reports and supplier payment history reports related to emergency vendors 

to inform cash flow and liquidity reporting.

Not in PR

60 Ciancanelli, 

John

8/31/21 1.1 665.00 $ 731.50 $ Perform model review of the estimated SWAP payments schedule used in 

footnote disclosure of financial statements.

Not in PR

50 San Miguel, 

Jorge

8/31/21 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding updates on cash flow 

projections on federal funding for emergency and permanent work to support 

updated projections and reporting to creditors.

PR

Exhibit C

September 30, 2021 / #PR00050 39 of 42

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 177 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Smith, James 8/31/21 1.3 750.00 $ 975.00 $ Participate on call with K. Bolanos (DV), L. Porter (ACG) and J. San Miguel 

(ACG) regarding regulatory update matters to inform discussion points for the 

9/3/21 bi-weekly mediation call.

Not in PR

6 Porter, Lucas 8/31/21 0.2 570.00 $ 114.00 $ Review comments received from K. Bolanos (DV) to P3 Authority regarding the 

draft GridCo-GenCo Operating Agreement.

Not in PR

51 San Miguel, 

Jorge

8/31/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) to discuss working capital matters 

and potential emergency vendor project worksheet settlement matters.

PR

3 San Miguel, 

Jorge

8/31/21 0.8 620.00 $ 496.00 $ Prepare draft letter for PREPA and AAFAF related to 104c RFI from FOMB as 

requested by N. Morales (PREPA) and G. Loran (AAFAF).

PR

25 Parker, 

Christine

8/31/21 0.7 200.00 $ 140.00 $ Assemble final version of the Ankura July 2021 monthly fee statement for 

approval and sign-off by P. Crisalli (ACG).

Not in PR

51 San Miguel, 

Jorge

8/31/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Morales (PREPA) regarding upcoming 

meeting with AAFAF on emergency vendor project worksheet progress.

PR

6 San Miguel, 

Jorge

8/31/21 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) regarding structure for funding 

of fuel account under the proposed GridCo-GenCo Operating Agreement.

PR

2 Crisalli, Paul 8/31/21 0.5 875.00 $ 437.50 $ Participate on call with J. San Miguel (ACG), L. Porter (ACG), M. DiConza 

(OMM) and representatives of AAFAF regarding status of emergency vendor 

payments, invoices, amounts outstanding and FEMA proceeds to inform cash 

flow reporting.

Not in PR

2 Crisalli, Paul 8/31/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) to discuss emergency vendor 

proposals and potential impact on PREPA liquidity in preparation for meeting 

with AAFAF.

Not in PR

2 San Miguel, 

Jorge

8/31/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) to discuss emergency vendor 

proposals and potential impact on PREPA liquidity in preparation for meeting 

with AAFAF.

PR

3 Porter, Lucas 8/31/21 1.4 570.00 $ 798.00 $ Participate on call with P. Crisalli (ACG), A. Zabala (S&L), K. Hernandez 

(S&L), E. Barbosa (PREPA), Y. Lugo (PREPA) and F. Santos (PREPA) 

regarding the FY 2022 fiscal plan fuel procurement initiative working capital 

and liquidity analysis.

Not in PR

25 Keys, Jamie 8/31/21 1.4 330.00 $ 462.00 $ Review the final Ankura July 2021 monthly fee statement circulated by C. 

Parker (ACG).

Not in PR

60 Costa, Lindsey 8/31/21 0.8 460.00 $ 368.00 $ Update the Extended SWAP Cash Flow model through 7/21/21. Not in PR

51 Keys, Jamie 8/31/21 0.3 330.00 $ 99.00 $ Participate on telephone call with P. Crisalli (ACG) regarding updates to 

emergency vendor invoices.

Not in PR

40 San Miguel, 

Jorge

8/31/21 0.3 620.00 $ 186.00 $ Review data requests received from PREPA related to the statistical validation 

project for litigation exposure to support the audit of FY 2019 financial 

statements.

PR

3 San Miguel, 

Jorge

8/31/21 0.7 620.00 $ 434.00 $ Review partial responses provided by PREPA and OMB to support FOMB 104c 

RFI response requested by PREPA and AAFAF.

PR

60 Costa, Lindsey 8/31/21 0.2 460.00 $ 92.00 $ Prepare Libor rates as of the date used in our SWAP valuation analysis in 

response to request received from client.

Not in PR

51 Keys, Jamie 8/31/21 0.9 330.00 $ 297.00 $ Review the status and classification of emergency vendor invoices as compared 

to the population provided by C. Iglesias (I&I).

Not in PR

50 San Miguel, 

Jorge

8/31/21 0.4 620.00 $ 248.00 $ Review the updated operational and regulatory reports to inform discussion 

points for the 9/3/21 bi-weekly mediation call.

PR

50 Smith, James 8/31/21 1.0 750.00 $ 750.00 $ Review and compile the August 2021 generation operations and outage reports 

received from G. Soto (Luma) in support of the creditor reporting workstream.

Not in PR

3 Porter, Lucas 8/31/21 1.3 570.00 $ 741.00 $ Develop draft presentation materials on fuel working capital for discussion with 

F. Santos (PREPA), Y. Lugo (PREPA), E. Barbosa (PREPA) and P. Crisalli 

(ACG) related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Porter, Lucas 8/31/21 0.7 570.00 $ 399.00 $ Review bidder responses to requests for clarification provided by K. Hernandez 

(S&L) to inform updates to discussion materials on the FY 2022 fiscal plan fuel 

procurement initiative.

Not in PR

3 Crisalli, Paul 8/31/21 1.4 875.00 $ 1,225.00 $ Participate on call with L. Porter (ACG), A. Zabala (S&L), K. Hernandez 

(S&L), E. Barbosa (PREPA), Y. Lugo (PREPA) and F. Santos (PREPA) 

regarding the FY 2022 fiscal plan fuel procurement initiative working capital 

and liquidity analysis.

Not in PR

3 Porter, Lucas 8/31/21 0.4 570.00 $ 228.00 $ Participate on follow-up call with P. Crisalli (ACG) regarding the FY 2022 

fiscal plan fuel procurement initiative working capital and liquidity analysis.

Not in PR

50 San Miguel, 

Jorge

8/31/21 1.3 620.00 $ 806.00 $ Participate on call with K. Bolanos (DV), L. Porter (ACG) and J. Smith (ACG) 

regarding regulatory update matters to inform discussion points for the 9/3/21 biweekly mediation call.

PR

Exhibit C

September 30, 2021 / #PR00050 40 of 42

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Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Crisalli, Paul 8/31/21 0.7 875.00 $ 612.50 $ Participate on call with L. Porter (ACG) to finalize presentation materials and 

prepare for call with PREPA and Sargent & Lundy representatives regarding the 

FY 2022 fiscal plan fuel procurement initiative working capital and liquidity 

analysis.

Not in PR

50 Smith, James 8/31/21 0.7 750.00 $ 525.00 $ Review the generation operational reports prepared by L. Porter (ACG) in 

preparation for the 9/3/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

8/31/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Smith (ACG) regarding agenda items related to 

operational and regulatory developments in advance of the 9/3/21 bi-weekly 

mediation call.

PR

25 Crisalli, Paul 8/31/21 0.6 875.00 $ 525.00 $ Review current draft of the Ankura July 2021 monthly fee statement and 

provide comments to the Ankura billing team.

Not in PR

3 Gil, Gerard 8/31/21 0.6 500.00 $ 300.00 $ Review draft presentation materials on fuel working capital for discussion with 

F. Santos (PREPA), Y. Lugo (PREPA) and E. Barbosa (PREPA) related to the 

FY 2022 fiscal plan fuel procurement initiative.

PR

3 San Miguel, 

Jorge

8/31/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) regarding FOMB 104c RFI 

regarding PREPA employee mobility efforts and data.

PR

3 Gil, Gerard 8/31/21 0.6 500.00 $ 300.00 $ Review schedule of bid pricing provided by K. Hernandez (S&L) related to the 

FY 2022 fiscal plan fuel procurement initiative to inform discussions with 

FOMB. 

PR

3 Marino, 

Nicholas

8/31/21 0.3 495.00 $ 148.50 $ Update Sec 104c information request list tracker regarding the FOMB 8/24/21 

letter for PREPA mobility materials received from J. Medina (OGP).

Not in PR

50 Porter, Lucas 8/31/21 1.3 570.00 $ 741.00 $ Participate on call with K. Bolanos (DV), J. San Miguel (ACG) and J. Smith 

(ACG) regarding regulatory update matters to inform discussion points for the 

9/3/21 bi-weekly mediation call.

Not in PR

50 Marino, 

Nicholas

8/31/21 0.9 495.00 $ 445.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 9/3/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 8/31/21 0.7 570.00 $ 399.00 $ Participate on call with P. Crisalli (ACG) to finalize presentation materials and 

prepare for call with PREPA and Sargent & Lundy representatives regarding the 

FY 2022 fiscal plan fuel procurement initiative working capital and liquidity 

analysis.

Not in PR

3 Crisalli, Paul 8/31/21 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) and K. Hernandez (S&L) to discuss 

next steps related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

3 Crisalli, Paul 8/31/21 0.6 875.00 $ 525.00 $ Prepare the post-certification fiscal plan reports for week ended 8/20/21. Not in PR

3 San Miguel, 

Jorge

8/31/21 0.3 620.00 $ 186.00 $ Review updated tracker and pending items list provided by N. Marino (ACG) 

related to the mobility program.

PR

51 San Miguel, 

Jorge

8/31/21 0.6 620.00 $ 372.00 $ Review emergency vendor project worksheet information provided by M. 

DiConza (OMM) and N. Morales (PREPA) in preparation for meeting with 

PREPA and AAFAF.

PR

25 Keys, Jamie 8/31/21 0.6 330.00 $ 198.00 $ Participate on call with C. Parker (ACG) regarding finalizing the Ankura July 

2021 monthly fee statement.

Not in PR

3 San Miguel, 

Jorge

8/31/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Loran (AAFAF) regarding status of responses 

to FOMB 104c RFI and update letter for FOMB related thereto.

PR

2 Crisalli, Paul 8/31/21 0.7 875.00 $ 612.50 $ Develop template for invoice level analysis for emergency spend vendors to 

inform PREPA's cash flow and liquidity forecast.

Not in PR

3 Marino, 

Nicholas

8/31/21 0.5 495.00 $ 247.50 $ Review data files received from J. Adrover (PREPA) and G. Loran (AAFAF) to 

confirm they are responsive to requested materials in the FOMB Sec 104(c) RFI 

letter dated 8/24/21.

Not in PR

3 San Miguel, 

Jorge

8/31/21 0.4 620.00 $ 248.00 $ Participate on call with S. Kupka (K&S), J. Bowe (K&S), F. Padilla (PREPA) 

and representatives of the PREPA Board of Directors, PRFAA and Luma to 

discuss FY 2022 fiscal plan initiative progress.

PR

60 Costa, Lindsey 8/31/21 1.5 460.00 $ 690.00 $ Review and provide comments to the Interest Rate SWAP Report for 2019 prior 

to distribution to J. Dirlam (ACG).

Not in PR

25 Parker, 

Christine

8/31/21 0.6 200.00 $ 120.00 $ Participate on call with J. Keys (ACG) regarding finalizing the Ankura July 

2021 monthly fee statement.

Not in PR

25 Parker, 

Christine

8/31/21 1.0 200.00 $ 200.00 $ Review final version of the Ankura July 2021 monthly fee statement prior to 

submitting to client, fee examiner and Prime Clerk.

Not in PR

51 Crisalli, Paul 8/31/21 0.3 875.00 $ 262.50 $ Participate on telephone call with J. Keys (ACG) regarding updates to 

emergency vendor invoices.

Not in PR

3 Marino, 

Nicholas

8/31/21 0.2 495.00 $ 99.00 $ Participate in discussion with J. San Miguel (ACG) regarding updates to tracker 

on responses to FOMB 104c RFI for discussion with N. Morales (PREPA) and 

G. Loran (AAFAF).

Not in PR

3 San Miguel, 

Jorge

8/31/21 0.3 620.00 $ 186.00 $ Participate on call with G. Loran (AAFAF) to review status of responses to RFI 

from FOMB related to PREPA mobility matters.

PR

3 Crisalli, Paul 8/31/21 0.4 875.00 $ 350.00 $ Participate on follow-up call with L. Porter (ACG) regarding the FY 2022 fiscal 

plan fuel procurement initiative working capital and liquidity analysis.

Not in PR

3 Porter, Lucas 8/31/21 0.3 570.00 $ 171.00 $ Prepare and send detailed schedule on FOMB certified budget for FY 2022 to L. 

Matias (PREPA) and C. Rodriguez (PREPA) related to maintenance projects. 

Not in PR

Exhibit C

September 30, 2021 / #PR00050 41 of 42

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Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 8/31/21 0.4 570.00 $ 228.00 $ Perform final review of presentation materials related to fuel working capital for 

discussion with F. Santos (PREPA), Y. Lugo (PREPA) and E. Barbosa 

(PREPA) related to the FY 2022 fiscal plan fuel procurement initiative.

Not in PR

60 Costa, Lindsey 8/31/21 1.5 460.00 $ 690.00 $ Review updates to the PREPA FY 2019 Interest Rate SWAP report. Not in PR

60 Dirlam, Josh 8/31/21 0.5 293.00 $ 146.50 $ Verify and tie out market data, including forward yield curves and CDS spreads 

for quality control purposes. 

Not in PR

2 Crisalli, Paul 8/31/21 0.8 875.00 $ 700.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

6 Crisalli, Paul 8/31/21 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) regarding structure for 

funding of fuel account under the proposed GridCo-GenCo Operating 

Agreement.

Not in PR

60 Costa, Lindsey 8/31/21 2.5 460.00 $ 1,150.00 $ Review the PREPA FY 2019 Interest Rate SWAP report. Not in PR

50 Crisalli, Paul 8/31/21 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding updates on cash 

flow projections on federal funding for emergency and permanent work to 

support updated projections and reporting to creditors.

Not in PR

6 Porter, Lucas 8/31/21 0.2 570.00 $ 114.00 $ Prepare and send response to V. Del Rio (CGSH) regarding PREPA comments 

to the GridCo-GenCo Operating Agreement.

Not in PR

3 Porter, Lucas 8/31/21 0.8 570.00 $ 456.00 $ Participate on call with P. Crisalli (ACG) to review materials and prepare for 

call with PREPA and Sargent & Lundy representatives regarding the FY 2022 

fiscal plan fuel procurement initiative working capital and liquidity analysis.

Not in PR

3 Porter, Lucas 8/31/21 0.9 570.00 $ 513.00 $ Revise schedule of bid pricing provided by K. Hernandez (S&L) to inform 

exhibits in presentation materials related to the FY 2022 fiscal plan fuel 

procurement initiative.

Not in PR

60 Dirlam, Josh 8/31/21 2.0 293.00 $ 586.00 $ Conduct final review and edits of client deliverable report for quality control 

purposes. 

Not in PR

TOTAL 874.0 491,001.40 $ 

Exhibit C

September 30, 2021 / #PR00050 42 of 42

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EXHIBIT D 

EXPENSE SUMMARY BY EXPENSE CATEGORY AND 

COMPLETE ACCOUNTING OF EXPENSES 

INCLUDING ITEMIZED RECORDS BY PROFESSIONAL 

IN CHRONOLOGICAL ORDER

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Exhibit D – Expense Summary By Expense Category and Complete Accounting Of Expenses Including Itemized Records

By Professional In Chronological Order

 Expense Category 

Billed 

Amount

Airfare / Railway $ -

Lodging $ -

Meals $ -

Transportation $ -

TOTAL - $ 

Exhibit D

September 30, 2021 / #PR00050 1 of 1

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EXHIBIT H 

MONTHLY FEE STATEMENT OF ANKURA FOR COMPENSATION FOR SERVICES 

AND REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISOR TO THE 

DEBTOR, FOR THE PERIOD SEPTEMBER 1, 2021 THROUGH SEPTEMBER 30, 2021 

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UNITED STATES DISTRICT COURT 

DISTRICT OF PUERTO RICO 

In re: ) PROMESA 

 ) Title III 

THE FINANCIAL OVERSIGHT AND ) 

MANAGEMENT BOARD FOR PUERTO RICO ) 

 ) 

as representative of ) Case No. 17-04780 (LTS) 

 ) 

PUERTO RICO ELECTRIC POWER ) 

AUTHORITY (“PREPA”) ) 

 ) 

Debtor. 1 ) 

 ) 

COVER SHEET TO FIFTY-FIRST MONTHLY FEE STATEMENT OF ANKURA 

CONSULTING GROUP, LLC FOR COMPENSATION FOR SERVICES 

RENDERED AND REIMBURSEMENT OF EXPENSES AS FINANCIAL 

ADVISORS TO PUERTO RICO ELECTRIC POWER AUTHORITY (“PREPA”) 

FOR THE PERIOD SEPTEMBER 1, 2021 THROUGH SEPTEMBER 30, 2021 

Name of Applicant: Ankura Consulting Group, LLC (“Ankura”) 

Authorized to Provide 

Professional Services to: Debtor 

Period for which compensation 

and reimbursement is sought: September 1, 2021 through September 30, 2021 

Amount of compensation sought

as actual, reasonable and necessary: $624,258.80 

Amount of expense reimbursement 

sought as actual, reasonable and 

necessary: 2

 $0.00 

Invoice Date / Number November 1, 2021 / #PR00051 

This is a: X monthly interim final application. 

This is Ankura’s fifty-first monthly fee statement in this case. 

1 The last four (4) digits of PREPA’s federal tax identification number is 3747. 2 Some expenses may not have been included in this monthly fee statement due to delays caused by accounting or 

processing. Ankura reserves the right to seek payment of such expenses in subsequent fee statements.

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2 

1. This is the fifty-first monthly fee statement (the “Fee Statement”) of Ankura 

Consulting Group, LLC (“Ankura”) served pursuant to the First Amended Order 

Setting Procedures for Interim Compensation and Reimbursement of Expenses of 

Professionals [Docket No. 1715] (the “Interim Compensation Order”). Ankura 

seeks: (a) payment of compensation in the amount of $561,832.92 (90% of 

$624,258.80 of fees on account of reasonable and necessary professional services 

rendered to the Debtor by Ankura) and (b) reimbursement of actual and necessary 

costs and expenses in the amount of $0.00 incurred by Ankura during the period of 

September 1, 2021 through September 30, 2021 (the “Fee Period”). In accordance 

with the PSA (“Professional Services Agreement”), travel time was excluded from 

the billable fees included herein. 

2. Pursuant to this Fee Statement, Ankura has attached the following exhibits: 

a. Exhibit A – Summary schedule showing professional fees by task code; 

b. Exhibit B – Summary schedule showing the professionals who performed 

services, the number of hours spent, the respective professional’s billing rate, and 

the total fees for such services; 

c. Exhibit C – Complete accounting of professional fees including itemized 

time records in chronological order for which an award of compensation is sought. 

The itemized records include: i) the date each service was rendered; ii) the 

professional(s) who performed the service; iii) a description of the services 

rendered; and iv) the time spent performing the service in increments of tenths of 

an hour; and 

d. Exhibit D – Summary by expense category and complete accounting of 

actual and necessary expenses incurred by professionals in chronological order for 

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3 

which reimbursement is sought. The itemized records include: i) the date each 

expense was incurred; ii) the professional(s) who incurred the expense; iii) a 

description of the expense incurred; and iv) the amount of each expense for which 

reimbursement is sought. 

NOTICE 

Pursuant to the Interim Compensation Order, Ankura has provided notice of this Fee 

Statement to: 

a. attorneys for the Oversight Board, Proskauer Rose, LLP, Eleven Times 

Square, New York, NY 10036, Attn: Martin J. Bienenstock, Esq. and Ehud 

Barak, Esq., and Proskauer Rose, LLP, 70 West Madison Street, Chicago, 

IL 60602, Attn: Paul V. Possinger, Esq.; 

b. attorneys for the Oversight Board, O’Neill & Borges, LLC, 250 Muñoz 

Rivera Ave., Suite 800, San Juan, PR 00918, Attn: Hermann D. Bauer, 

Esq.; 

c. attorneys for the Puerto Rico Fiscal Agency and Financial Advisory 

Authority, O’Melveny & Myers, LLP, Times Square Tower, 7 Times 

Square, New York, NY 10036, Attn: John J. Rapisardi, Esq., Suzzanne 

Uhland, Esq., and Diana M. Perez, Esq.; 

d. the Office of the United States Trustee for the District of Puerto Rico, 

Edificio Ochoa, 500 Tanca Street, Suite 301, San Juan, PR 00901 (re: In re: 

Commonwealth of Puerto Rico); 

e. attorneys for the Official Committee of Unsecured Creditors, Paul Hastings, 

LLP, 200 Park Ave., New York, NY 10166, Attn: Luc. A Despins, Esq.; 

f. attorneys for the Official Committee of Unsecured Creditors, Casillas, 

Santiago & Torres, LLC, El Caribe Office Building, 53 Palmeras Street, 

Ste. 1601, San Juan, PR 00901, Attn: Juan J. Casillas Ayala, Esq. and 

Alberto J.E. Aenses Negron, Esq.; 

g. attorneys for the Official Committee of Retired Employees, Jenner & 

Block, LLP, 919 Third Ave., New York, NY 10022, Attn: Robert Gordon, 

Esq. and Richard Levin, Esq., and Jenner & Block, LLP, 353 N. Clark 

Street, Chicago, IL 60654, Attn: Catherine Steege, Esq. and Melissa Root, 

Esq.; 

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4 

h. attorneys for the Official Committee of Retired Employees, Bennazar, 

García & Milián, C.S.P., Edificio Union Plaza, PH-A, 416 Ave. Ponce de 

León, Hato Rey, PR 00918, Attn: A.J. Bennazar-Zequeira, Esq.; and, 

i. the fee examiner, as retained with Court approval, Godfey & Kahn, S.C., 

One East Main Street, Suite 500, Madison, WI 53703-3300, Attn: Brady C. 

Williamson. 

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EXHIBIT A 

SUMMARY OF PROFESSIONAL FEES BY TASK CODE 

 

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Exhibit A - Summary of Professional Fees by Task Code

 Code Time Category Total 

Hours Total Fees 

Fiscal Plan and Operational Related Matters

6 Asset Sales 34,727.00 63.2 $ 

3 Fiscal Plan and Implementation 443.6 240,109.00 $ 

60 Swap Portfolio Analysis 68.6 25,385.80 $ 

Liquidity Related Matters

2 Cash and Liquidity Analysis 103.8 78,255.50 $ 

51 Cash and Liquidity Analysis - Public Assistance Program (Hurricanes) 49.5 28,464.50 $ 

Title III Matters

25 Preparation of Fee Statements and Applications 84.9 26,190.50 $ 

Other Matters

50 General Meetings with FOMB, UCC and/or Advisors 177.4 105,807.00 $ 

40 Statistical Validation FS Audits 154.9 85,319.50 $ 

Total 624,258.80 1,145.9 $ 

Exhibit A

November 1, 2021 / #PR00051 1 of 1

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EXHIBIT B 

SUMMARY OF HOURS AND FEES BY PROFESSIONAL 

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Exhibit B - Summary of Hours and Fees by Professional

 Professional Position Billing 

Rate 

 Total 

Hours Total Fees 

Turnaround & Restructuring

Crisalli, Paul Senior Managing Director 875.00 $ 125.4 $ 109,725.00

San Miguel, Jorge Senior Managing Director 620.00 $ 148.2 $ 91,884.00

Gil, Gerard Managing Director 500.00 $ 100.5 $ 50,250.00

Porter, Lucas Senior Director (1) 570.00 $ 193.0 $ 110,010.00

Keys, Jamie Senior Associate (1) 330.00 $ 129.2 $ 42,636.00

Marino, Nicholas Senior Associate 495.00 $ 131.5 $ 65,092.50

Parker, Christine Analyst 200.00 $ 52.2 $ 10,440.00

SUBTOTAL 880.0 $ 480,037.50

Other Practice Groups

Carr, Scott Senior Managing Director 615.00 $ 65.3 $ 40,159.50

Smith, James Senior Managing Director 750.00 $ 55.6 $ 41,700.00

Sabbe, Angela Managing Director 570.00 $ 48.6 $ 27,702.00

Bailey, Nate Director 380.00 $ 10.6 $ 4,028.00

Movaghar, Veeda Associate 305.00 $ 17.2 $ 5,246.00

SUBTOTAL 197.3 $ 118,835.50

SWAP Portfolio Analyses

U.S. Professionals

Ciancanelli, John Senior Managing Director 665.00 $ 6.3 $ 4,189.50

Costa, Lindsey SWAP Portfolio Analysis Director 460.00 $ 19.2 $ 8,832.00

Cahill, Claire SWAP Portfolio Analysis Associate 293.00 $ 3.7 $ 1,084.10

Dirlam, Josh SWAP Portfolio Analysis Associate 293.00 $ 37.4 $ 10,958.20

India Professionals

Mishra, Pavan Kumar SWAP Portfolio Analysis Senior Associate 161.00 $ 2.0 $ 322.00

SUBTOTAL 68.6 $ 25,385.80

TOTAL 1,145.9 $ 624,258.80

Note:

(1) Title reflects promotion of professional, however, hourly rate reflects rate pursuant to the original PSA.

Exhibit B

November 1, 2021 / #PR00051 1 of 1

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EXHIBIT C 

COMPLETE ACCOUNTING OF PROFESSIONAL FEES 

INCLUDING ITEMIZED TIME RECORDS IN CHRONOLOGICAL ORDER 

 

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Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

40 Sabbe, Angela 8/30/21 1.0 570.00 $ 570.00 $ Summarize observations and follow-up questions from meeting with PREPA 

Finance and Human Resources personnel to prepare draft data request in 

support of the FY 2019 financial statement audit process.

Not in PR

40 Sabbe, Angela 8/30/21 0.4 570.00 $ 228.00 $ Review the statistical analysis and validation project related to litigation 

exposure case in preparation for call with PREPA Finance and Human 

Resources.

Not in PR

40 Sabbe, Angela 8/30/21 1.0 570.00 $ 570.00 $ Review legal documentation and summaries of excess vacation time to prepare 

for meeting with S. Carr (ACG) to develop methodology for analysis of excess 

vacation liability.

Not in PR

40 Sabbe, Angela 8/30/21 1.6 570.00 $ 912.00 $ Participate on call with PREPA Finance and Human Resources personnel to 

discuss the statistical analysis and validation of litigation exposure case in 

support of the FY 2019 financial statement audit process.

Not in PR

40 Carr, Scott 8/31/21 1.5 615.00 $ 922.50 $ Develop work plan for analysis of excess vacation liabilities. Not in PR

40 Carr, Scott 8/31/21 0.5 615.00 $ 307.50 $ Participate in working session with A. Sabbe (ACG) to develop methodology for 

analysis of excess vacation liability.

Not in PR

40 Carr, Scott 8/31/21 1.5 615.00 $ 922.50 $ Review legal documents and excess vacation schedules provided by PREPA to 

understand available data and requirements of Arbitration Ruling. 

Not in PR

40 Sabbe, Angela 8/31/21 0.5 570.00 $ 285.00 $ Participate in working session with S. Carr (ACG) to develop methodology for 

analysis of excess vacation liability.

Not in PR

40 Sabbe, Angela 8/31/21 0.5 570.00 $ 285.00 $ Develop framework and next steps for analysis of excess vacation time. Not in PR

3 Marino, 

Nicholas

9/1/21 1.2 495.00 $ 594.00 $ Review the PREPA AEE-meta file version of the financial information and 

operating data report for Norton Rose for operating statistics detail as requested 

by L. Porter (ACG).

Not in PR

2 Crisalli, Paul 9/1/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

60 Costa, Lindsey 9/1/21 2.5 460.00 $ 1,150.00 $ Update the 2019 SWAP valuation report with final numbers from exhibits and 

language to reflect assumptions used and procedures followed.

Not in PR

25 Parker, 

Christine

9/1/21 1.1 200.00 $ 220.00 $ Assemble time descriptions for the period 8/1/21 - 8/7/21 for inclusion in the 

Ankura August 2021 monthly fee statement.

Not in PR

3 Porter, Lucas 9/1/21 0.3 570.00 $ 171.00 $ Participate on call with N. Marino (ACG) to review PREPA historical financial 

information needed for the Disclosure Statement for implementation of FY 2022 

fiscal plan objectives.

Not in PR

3 Keys, Jamie 9/1/21 0.6 330.00 $ 198.00 $ Participate on telephone call with N. Marino (ACG) regarding review of the 

Annual Financial Information and Operating Data Report to support FY 2022 

fiscal plan objectives.

Not in PR

50 Crisalli, Paul 9/1/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

3 Keys, Jamie 9/1/21 1.7 330.00 $ 561.00 $ Review the Annual Financial Information and Operating Data Report to support 

FY 2022 fiscal plan objectives.

Not in PR

3 Porter, Lucas 9/1/21 0.3 570.00 $ 171.00 $ Participate on call with L. Bauer (NR), P. Crisalli (ACG) and N. Marino (ACG) 

to discuss PREPA historical financial information needed to develop the 

Disclosure Statement for implementation of FY 2022 fiscal plan objectives.

Not in PR

3 Gil, Gerard 9/1/21 0.3 500.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) to review and discuss next steps 

related to FY 2022 fiscal plan initiatives implementation.

PR

3 Crisalli, Paul 9/1/21 0.3 875.00 $ 262.50 $ Participate on call with L. Porter (ACG) to discuss PREPA RFI responses to 

advance FY 2022 fiscal plan fuel procurement initiative implementation.

Not in PR

3 Porter, Lucas 9/1/21 1.0 570.00 $ 570.00 $ Prepare initial draft information request responses for review by J. San Miguel 

(ACG), P. Crisalli (ACG) and G. Gil (ACG) related to the FY 2022 fiscal plan 

fuel procurement initiative.

Not in PR

3 San Miguel, 

Jorge

9/1/21 0.9 620.00 $ 558.00 $ Review additional responsive information from OMB, AAFAF and PREPA to 

inform updated response tracker for the FOMB RFI related to the PREPA 

mobility program.

PR

3 Porter, Lucas 9/1/21 0.6 570.00 $ 342.00 $ Revise draft information request responses based on comments received from J. 

San Miguel (ACG) and P. Crisalli (ACG) related to the FY 2022 fiscal plan fuel 

procurement initiative.

Not in PR

50 Keys, Jamie 9/1/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

3 San Miguel, 

Jorge

9/1/21 0.3 620.00 $ 186.00 $ Participate on call with N. Marino (ACG) to discuss takeaways and next steps 

resulting from meeting with AAFAF, OMB and PREPA regarding responses to 

the FOMB RFI related to the PREPA mobility program.

PR

3 Porter, Lucas 9/1/21 0.8 570.00 $ 456.00 $ Review data tracker from N. Marino (ACG) with PREPA historical financial 

information needed to develop the Disclosure Statement for implementation of 

FY 2022 fiscal plan objectives.

Not in PR

3 Porter, Lucas 9/1/21 0.4 570.00 $ 228.00 $ Participate on call with J. Smith (ACG) to discuss PREPA generation system 

status reports required by the FY 2022 fiscal plan.

Not in PR

50 Marino, 

Nicholas

9/1/21 0.4 495.00 $ 198.00 $ Finalize aggregating PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 9/3/21 bi-weekly mediation call.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 1 of 51

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Document Page 193 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

9/1/21 1.4 620.00 $ 868.00 $ Review PREPA Board of Directors meeting of August to inform updates on 

financial, operational and transformation matters in preparation for the 9/3/21 biweekly mediation call.

PR

3 Porter, Lucas 9/1/21 0.2 570.00 $ 114.00 $ Prepare requests to J. Keys (ACG) related to PREPA historical financial 

information needed to develop the Disclosure Statement for implementation of 

FY 2022 fiscal plan objectives.

Not in PR

2 Crisalli, Paul 9/1/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 8/27/21. Not in PR

3 San Miguel, 

Jorge

9/1/21 0.5 620.00 $ 310.00 $ Participate in discussion with L. Porter (ACG) regarding comments to fuel 

procurement initiative inquiries under the FY 2022 fiscal plan to inform 

discussion with PREPA and Sargent & Lundy.

PR

25 Parker, 

Christine

9/1/21 1.3 200.00 $ 260.00 $ Update Exhibits A, B and C of the Ankura August 2021 monthly fee statement 

for information currently available.

Not in PR

3 Porter, Lucas 9/1/21 0.2 570.00 $ 114.00 $ Participate on call with K. Hernandez (S&L) to discuss status of the FY 2022 

fiscal plan fuel procurement initiative.

Not in PR

2 Crisalli, Paul 9/1/21 3.1 875.00 $ 2,712.50 $ Update the invoice level analysis for emergency spend vendors to inform 

PREPA's cash flow and liquidity forecast.

Not in PR

3 Porter, Lucas 9/1/21 0.7 570.00 $ 399.00 $ Incorporate historical operating data into tracker from N. Marino (ACG) to 

support updates to the Disclosure Statement to advance implementation of FY 

2022 fiscal plan objectives.

Not in PR

6 Porter, Lucas 9/1/21 1.8 570.00 $ 1,026.00 $ Develop illustrative analysis of fuel account funding for V. Del Rio (CGSH) and 

P3 Authority team to support discussions with Luma regarding the GridCoGenCo Operating Agreement.

Not in PR

50 Keys, Jamie 9/1/21 0.5 330.00 $ 165.00 $ Review the weekly project worksheet status report provided by S. Diaz (ARI) 

for use in the weekly FEMA flash report.

Not in PR

2 Crisalli, Paul 9/1/21 2.9 875.00 $ 2,537.50 $ Develop summary outputs and related presentation materials for analysis of 

emergency spend vendors to inform PREPA's cash flow and liquidity forecast.

Not in PR

3 Porter, Lucas 9/1/21 0.4 570.00 $ 228.00 $ Participate on call with J. San Miguel (ACG) to discuss next steps from meeting 

with L. Bauer (NR) related to data for the PREPA financial statement analysis.

Not in PR

50 Crisalli, Paul 9/1/21 0.2 875.00 $ 175.00 $ Participate on call with J. Keys (ACG) regarding FEMA flash report-related 

RFRs to inform weekly reporting.

Not in PR

3 Porter, Lucas 9/1/21 0.3 570.00 $ 171.00 $ Review the fleet status report for 8/26/21 received from J. Smith (ACG) 

required for submittal to the FOMB by the FY 2022 fiscal plan.

Not in PR

3 Crisalli, Paul 9/1/21 0.3 875.00 $ 262.50 $ Participate on call with L. Porter (ACG) to discuss PREPA historical financial 

information needed to develop the Disclosure Statement for implementation of 

FY 2022 fiscal plan objectives.

Not in PR

3 Porter, Lucas 9/1/21 0.2 570.00 $ 114.00 $ Prepare requests to L. Matias (PREPA) for information needed for the 

Disclosure Statement to advance implementation of FY 2022 fiscal plan 

objectives.

Not in PR

3 Crisalli, Paul 9/1/21 0.3 875.00 $ 262.50 $ Participate on call with L. Bauer (NR), L. Porter (ACG) and N. Marino (ACG) 

to discuss PREPA historical financial information needed to develop the 

Disclosure Statement for implementation of FY 2022 fiscal plan objectives.

Not in PR

3 San Miguel, 

Jorge

9/1/21 0.5 620.00 $ 310.00 $ Review updated tracker on deliverables to FOMB related to the PREPA 

mobility plan, received from N. Marino (ACG) with inputs from OMB and 

PREPA, in preparation for meeting with AAFAF to review response status.

PR

51 Keys, Jamie 9/1/21 1.1 330.00 $ 363.00 $ Review the latest emergency vendor invoice status report for use in 

reconciliation to the FEMA flash report.

Not in PR

3 Marino, 

Nicholas

9/1/21 0.3 495.00 $ 148.50 $ Participate on call with L. Porter (ACG) to review PREPA historical financial 

information needed for the Disclosure Statement for implementation of FY 2022 

fiscal plan objectives.

Not in PR

2 Crisalli, Paul 9/1/21 0.2 875.00 $ 175.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

3 San Miguel, 

Jorge

9/1/21 1.5 620.00 $ 930.00 $ Participate on call with G. Loran (AAFAF), N. Morales (PREPA), J. Adrover 

(PREPA), J. Medina (OGP) and N. Marino (ACG) to review and update Excel 

tracker on responses to the FOMB RFI related to the PREPA mobility program.

PR

6 Porter, Lucas 9/1/21 0.2 570.00 $ 114.00 $ Prepare information requests to J. Roque (Luma) regarding financial 

information needed for the draft GridCo-GenCo Operating Agreement.

Not in PR

50 Keys, Jamie 9/1/21 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution of the weekly reporting package.

Not in PR

3 Porter, Lucas 9/1/21 0.7 570.00 $ 399.00 $ Revise initial draft information request responses based on written comments 

received from J. San Miguel (ACG) related to the FY 2022 fiscal plan fuel 

procurement initiative.

Not in PR

50 Keys, Jamie 9/1/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

3 Marino, 

Nicholas

9/1/21 0.3 495.00 $ 148.50 $ Participate on call with J. San Miguel (ACG) to discuss takeaways and next 

steps resulting from meeting with AAFAF, OMB and PREPA regarding 

responses to the FOMB RFI related to the PREPA mobility program.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 2 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 194 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Keys, Jamie 9/1/21 0.2 330.00 $ 66.00 $ Participate on call with P. Crisalli (ACG) regarding FEMA flash report-related 

RFRs to inform weekly reporting.

Not in PR

60 Costa, Lindsey 9/1/21 1.0 460.00 $ 460.00 $ Combine the PREPA 2019 SWAP valuation Haircut model and Credit Value 

Adjustment model into one report to streamline the process for updating the 

same.

Not in PR

50 Keys, Jamie 9/1/21 1.3 330.00 $ 429.00 $ Prepare the weekly FEMA flash report for the week ended 8/27/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 9/1/21 0.8 570.00 $ 456.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss PREPA 

generation system status updates to inform FY 2022 fiscal plan reporting.

Not in PR

2 San Miguel, 

Jorge

9/1/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) to discuss cash flow projection 

updates, collections and fuel procurement project matters requested by F. 

Padilla (PREPA).

PR

3 Marino, 

Nicholas

9/1/21 1.5 495.00 $ 742.50 $ Participate on call with G. Loran (AAFAF), N. Morales (PREPA), J. Adrover 

(PREPA), J. Medina (OGP) and J. San Miguel (ACG) to review and update 

Excel tracker on responses to the FOMB RFI related to the PREPA mobility 

program.

Not in PR

3 Marino, 

Nicholas

9/1/21 0.6 495.00 $ 297.00 $ Participate on telephone call with J. Keys (ACG) regarding review of the 

Annual Financial Information and Operating Data Report to support FY 2022 

fiscal plan objectives.

Not in PR

3 Porter, Lucas 9/1/21 1.2 570.00 $ 684.00 $ Prepare the generation operational report for the week ending 8/29/21 based on 

data received from G. Soto (Luma) for FOMB as required by the FY 2022 fiscal 

plan.

Not in PR

3 Gil, Gerard 9/1/21 0.8 500.00 $ 400.00 $ Participate on call with A. Figueroa (FOMB) to discuss various FY 2022 fiscal 

plan initiatives related to fuel and renewables procurement.

PR

3 San Miguel, 

Jorge

9/1/21 0.6 620.00 $ 372.00 $ Review information provided by OMB in support of responses due to the FOMB 

RFI for the PREPA mobility program.

PR

2 Crisalli, Paul 9/1/21 0.7 875.00 $ 612.50 $ Review FEMA documents related to the Public Assistance Eligibility 

Determination to inform cash flow and liquidity reporting.

Not in PR

50 Keys, Jamie 9/1/21 0.2 330.00 $ 66.00 $ Correspond with N. Morales (PREPA) regarding changes to the weekly FEMA 

flash report.

Not in PR

2 Crisalli, Paul 9/1/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to discuss cash flow projection 

updates, collections and fuel procurement project matters requested by F. 

Padilla (PREPA).

Not in PR

3 San Miguel, 

Jorge

9/1/21 0.3 620.00 $ 186.00 $ Participate on call with G. Gil (ACG) to review and discuss next steps related to 

FY 2022 fiscal plan initiatives implementation.

PR

3 Porter, Lucas 9/1/21 0.4 570.00 $ 228.00 $ Review the updated daily generation reports received from G. Soto (Luma) to 

inform development of the generation operational report for the week ending 

8/29/21 required by the FY 2022 fiscal plan.

Not in PR

50 Keys, Jamie 9/1/21 0.7 330.00 $ 231.00 $ Review the weekly cash flow forecast documents prior to distribution of the 

weekly reporting package.

Not in PR

60 Ciancanelli, 

John

9/1/21 1.0 665.00 $ 665.00 $ Review the 2019 SWAP valuation model for financial reporting purposes. Not in PR

3 Smith, James 9/1/21 0.4 750.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss PREPA generation system 

status reports required by the FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 9/1/21 0.3 570.00 $ 171.00 $ Participate on call with P. Crisalli (ACG) to discuss PREPA RFI responses to 

advance FY 2022 fiscal plan fuel procurement initiative implementation.

Not in PR

3 Smith, James 9/1/21 0.8 750.00 $ 600.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss PREPA 

generation system status updates to inform FY 2022 fiscal plan reporting.

Not in PR

3 San Miguel, 

Jorge

9/1/21 0.4 620.00 $ 248.00 $ Participate on call with L. Porter (ACG) to discuss next steps from meeting with 

L. Bauer (NR) related to data for the PREPA financial statement analysis.

PR

3 San Miguel, 

Jorge

9/1/21 0.3 620.00 $ 186.00 $ Review update report from R. Arrieta (SM) regarding financial and operational 

information for N. Morales (PREPA) and L. Bauer (NR).

PR

3 Marino, 

Nicholas

9/1/21 0.3 495.00 $ 148.50 $ Participate on call with L. Bauer (NR), P. Crisalli (ACG) and L. Porter (ACG) to 

discuss PREPA historical financial information needed to develop the 

Disclosure Statement for implementation of FY 2022 fiscal plan objectives.

Not in PR

3 San Miguel, 

Jorge

9/1/21 1.1 620.00 $ 682.00 $ Review and provide comment to the draft fuel procurement clarifications 

provided by L. Porter (ACG) in preparation for discussion with PREPA and 

Sargent & Lundy.

PR

3 Porter, Lucas 9/1/21 0.5 570.00 $ 285.00 $ Participate in discussion with J. San Miguel (ACG) regarding comments to fuel 

procurement initiative inquiries under the FY 2022 fiscal plan to inform 

discussion with PREPA and Sargent & Lundy.

Not in PR

50 Keys, Jamie 9/1/21 0.7 330.00 $ 231.00 $ Prepare the weekly reporting package for distribution. Not in PR

50 Crisalli, Paul 9/1/21 0.3 875.00 $ 262.50 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

Exhibit C

November 1, 2021 / #PR00051 3 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 195 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 9/1/21 0.3 570.00 $ 171.00 $ Participate on call with P. Crisalli (ACG) to discuss PREPA historical financial 

information needed to develop the Disclosure Statement for implementation of 

FY 2022 fiscal plan objectives.

Not in PR

3 San Miguel, 

Jorge

9/2/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) regarding financial and operating data 

for N. Morales (PREPA) and L. Bauer (NR).

PR

50 San Miguel, 

Jorge

9/2/21 1.2 620.00 $ 744.00 $ Review record of PREPA Board of Directors meeting of August to inform the 

9/3/21 bi-weekly mediation call regarding operational and transformation 

matters.

PR

50 Crisalli, Paul 9/2/21 1.2 875.00 $ 1,050.00 $ Review current draft materials for the 9/3/21 bi-weekly mediation call and 

prepare section related to cash flow and liquidity.

Not in PR

51 Keys, Jamie 9/2/21 0.4 330.00 $ 132.00 $ Participate on call with P. Crisalli (ACG) and J. San Miguel (ACG) regarding 

emergency supplier invoices, process and timeline for related FEMA proceeds.

Not in PR

3 Porter, Lucas 9/2/21 0.6 570.00 $ 342.00 $ Participate in meeting with R. Zampierollo (PREPA), N. Marino (ACG) and G. 

Gil (ACG) to discuss preparations for FY 2022 fiscal plan reporting for 

September.

Not in PR

50 Marino, 

Nicholas

9/2/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 9/3/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

9/2/21 0.6 495.00 $ 297.00 $ Participate in meeting with R. Zampierollo (PREPA), L. Porter (ACG) and G. 

Gil (ACG) to discuss preparations for FY 2022 fiscal plan reporting for 

September.

Not in PR

51 Keys, Jamie 9/2/21 0.4 330.00 $ 132.00 $ Review the status of emergency vendor project worksheets per summary 

information provided by S. Diaz (ARI).

Not in PR

51 Keys, Jamie 9/2/21 1.2 330.00 $ 396.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to the status 

of various emergency vendor project worksheets.

Not in PR

50 Smith, James 9/2/21 1.0 750.00 $ 750.00 $ Review the historical PREPA generation data and prepare summary in support 

of creditor reporting workstream and monthly update call.

Not in PR

50 Smith, James 9/2/21 1.0 750.00 $ 750.00 $ Participate on call with K. Bolanos (DV) to discuss regulatory updates in 

preparation for the 9/3/21 bi-weekly mediation call.

Not in PR

51 Crisalli, Paul 9/2/21 0.4 875.00 $ 350.00 $ Participate on call with J. Keys (ACG) and J. San Miguel (ACG) regarding 

emergency supplier invoices, process and timeline for related FEMA proceeds.

Not in PR

3 San Miguel, 

Jorge

9/2/21 0.4 620.00 $ 248.00 $ Participate in discussion with L. Porter (ACG) regarding updates to financial 

and operational data requested by N. Morales (PREPA).

PR

3 Crisalli, Paul 9/2/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) regarding FY 2022 fiscal planrelated financial reporting, PREPA cash flows and liquidity and DFMO-related 

workstreams.

Not in PR

3 Porter, Lucas 9/2/21 0.7 570.00 $ 399.00 $ Review the final August 2021 report submittal received from N. Marino (ACG) 

to inform discussion with R. Zampierollo (PREPA) regarding FY 2022 fiscal 

plan reporting for September.

Not in PR

50 Porter, Lucas 9/2/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to prepare for discussion with Luma 

regarding FY 2022 budget information requested by J. San Miguel (ACG) prior 

to the 9/3/21 bi-weekly mediation call.

Not in PR

3 Keys, Jamie 9/2/21 0.6 330.00 $ 198.00 $ Review the summary of the Annual Financial Information and Operating Data 

Report provided by N. Marino (ACG) to support FY 2022 fiscal plan objectives.

Not in PR

2 Crisalli, Paul 9/2/21 0.7 875.00 $ 612.50 $ Participate on call with J. Roque (Luma), K. Kostyk (Luma), J. Keys (ACG), E. 

Ortiz (PREPA), N. Morales (PREPA) and D. Miller (Luma) regarding budget-toactual variances to inform cash flow reporting.

Not in PR

51 San Miguel, 

Jorge

9/2/21 0.3 620.00 $ 186.00 $ Participate in discussion with member of the PREPA Board of Directors 

regarding the federal funding process for emergency vendor invoices to support 

discussions with AAFAF, the FOMB and PREPA.

PR

25 Parker, 

Christine

9/2/21 1.8 200.00 $ 360.00 $ Assemble time descriptions for the period 8/8/21 - 8/14/21 for inclusion in the 

Ankura August 2021 monthly fee statement.

Not in PR

40 Sabbe, Angela 9/2/21 1.5 570.00 $ 855.00 $ Evaluate client and legal data and documents to gain understanding of 

requirements for modelling of excess vacation time as described in the 

Arbitration Award.

Not in PR

50 Gil, Gerard 9/2/21 0.3 500.00 $ 150.00 $ Participate in discussion with J. San Miguel (ACG) regarding comments 

received from F. Padilla (PREPA) to inform updates for the 9/3/21 bi-weekly 

mediation call.

PR

3 San Miguel, 

Jorge

9/2/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) regarding FY 2022 fiscal plan-related 

financial reporting, PREPA cash flows and liquidity and DFMO-related 

workstreams.

PR

3 Keys, Jamie 9/2/21 2.8 330.00 $ 924.00 $ Review the Annual Financial Information and Operating Data Report to support 

FY 2022 fiscal plan objectives.

Not in PR

3 Marino, 

Nicholas

9/2/21 1.3 495.00 $ 643.50 $ Continue reviewing PREPA AEE-meta file and update the Financial 

Information and Operating Data Report workbook Operating Statistics detail.

Not in PR

50 Gil, Gerard 9/2/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG), J. San Miguel (ACG), P. Crisalli 

(ACG), K. Kostyk (Luma), S. Weiss (Luma) and P. Clemente (Luma) regarding 

FY 2022 certified annual budget inquiries received from creditors.

PR

Exhibit C

November 1, 2021 / #PR00051 4 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 196 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 9/2/21 0.4 500.00 $ 200.00 $ Review final fiscal plan August report submittal in preparation for meeting with 

R. Zampierollo (PREPA) regarding FY 2022 fiscal plan reporting for 

September.

PR

3 Porter, Lucas 9/2/21 0.4 570.00 $ 228.00 $ Review the updated fleet status report for 9/2/21 provided by J. Smith (ACG) to 

inform FY 2022 fiscal plan reporting to the FOMB.

Not in PR

51 San Miguel, 

Jorge

9/2/21 0.4 620.00 $ 248.00 $ Participate in discussion with COR3 regarding update on the federal funding 

process for emergency vendor invoices to inform discussions with AAFAF, 

PREPA and the FOMB.

PR

50 Smith, James 9/2/21 0.5 750.00 $ 375.00 $ Participate in discussion with J. San Miguel (ACG) regarding draft agenda 

updates in preparation for the 9/3/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 9/2/21 0.4 875.00 $ 350.00 $ Prepare for call with Luma and PREPA regarding the cash flow budget versus 

actual variances.

Not in PR

3 Porter, Lucas 9/2/21 0.3 570.00 $ 171.00 $ Prepare data submission with summary comments to G. Gil (ACG) and AAFAF 

to support PREPA debt related matters to advance FY 2022 fiscal plan 

implementation.

Not in PR

50 San Miguel, 

Jorge

9/2/21 1.6 620.00 $ 992.00 $ Review and revise agenda items for the 9/3/21 bi-weekly mediation call. PR

50 San Miguel, 

Jorge

9/2/21 0.4 620.00 $ 248.00 $ Prepare RFI to N. Morales (PREPA) related to financial updates to inform 

discussion points for the 9/3/21 bi-weekly mediation call.

PR

3 Gil, Gerard 9/2/21 0.2 500.00 $ 100.00 $ Participate on call with F. Padilla (PREPA) to discuss the fuel procurement FY 

2022 fiscal plan initiative. 

PR

3 Gil, Gerard 9/2/21 1.6 500.00 $ 800.00 $ Participate on call with L. Porter (ACG) to review analyses to inform response 

to requests from AAFAF related to PREPA debt to advance FY 2022 fiscal plan 

implementation.

PR

2 Crisalli, Paul 9/2/21 0.9 875.00 $ 787.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

9/3/21.

Not in PR

3 Porter, Lucas 9/2/21 0.5 570.00 $ 285.00 $ Finalize and submit package including generation operational report for the 

week ending 8/22/21 and fleet status report to FOMB as required by the FY 

2022 fiscal plan.

Not in PR

50 Porter, Lucas 9/2/21 0.9 570.00 $ 513.00 $ Revise draft meeting notes received from J. San Miguel (ACG) and J. Smith 

(ACG) in preparation for the 9/3/21 bi-weekly mediation call.

Not in PR

50 Keys, Jamie 9/2/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution. Not in PR

3 Crisalli, Paul 9/2/21 0.7 875.00 $ 612.50 $ Prepare the post-certification fiscal plan cash flow and liquidity related reports 

for week ended 8/27/21.

Not in PR

3 Keys, Jamie 9/2/21 0.8 330.00 $ 264.00 $ Participate on telephone call with N. Marino (ACG) regarding review of the 

Annual Financial Information and Operating Data Report to support FY 2022 

fiscal plan objectives.

Not in PR

50 Crisalli, Paul 9/2/21 0.5 875.00 $ 437.50 $ Participate on call with L. Porter (ACG), J. San Miguel (ACG), G. Gil (ACG), 

K. Kostyk (Luma), S. Weiss (Luma) and P. Clemente (Luma) regarding FY 2022 

certified annual budget inquiries received from creditors.

Not in PR

50 Smith, James 9/2/21 0.7 750.00 $ 525.00 $ Review the PREB regulatory docket and filings related to PREPA and Luma in 

preparation for the 9/3/21 bi-weekly mediation call.

Not in PR

60 Ciancanelli, 

John

9/2/21 0.4 665.00 $ 266.00 $ Finalize the draft 2019 SWAP valuation report. Not in PR

50 San Miguel, 

Jorge

9/2/21 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) regarding the cash flow 

variance report in preparation for the 9/3/21 bi-weekly mediation call.

PR

3 Gil, Gerard 9/2/21 0.8 500.00 $ 400.00 $ Participate on call with L. Porter (ACG) regarding requests from AAFAF related 

to PREPA debt to advance FY 2022 fiscal plan implementation.

PR

3 Marino, 

Nicholas

9/2/21 0.2 495.00 $ 99.00 $ Update the information request list tracker per materials received from J. 

Medina (OGP) related to the Section 104c RFI from the FOMB regarding the 

PREPA mobility program.

Not in PR

6 Porter, Lucas 9/2/21 0.8 570.00 $ 456.00 $ Participate on call with S. Torres (P3A), C. Kordula (CGSH), V. Del Rio 

(CGSH), K. Bolanos (DV) and G. Gil (ACG) to discuss Luma comments to the 

GridCo-GenCo Operating Agreement.

Not in PR

3 Marino, 

Nicholas

9/2/21 0.2 495.00 $ 99.00 $ Aggregate work plan items for respective initiatives following call with G. Gil 

(ACG), L. Porter (ACG) and R. Zampierollo (PREPA) regarding FY 2022 

monthly reporting.

Not in PR

60 Ciancanelli, 

John

9/2/21 0.4 665.00 $ 266.00 $ Review model which estimates swap cash flows through 2021 for footnote 

disclosures in the PREPA financial statements.

Not in PR

51 San Miguel, 

Jorge

9/2/21 0.4 620.00 $ 248.00 $ Participate on call with J. Keys (ACG) and P. Crisalli (ACG) regarding 

emergency supplier invoices, process and timeline for related FEMA proceeds.

PR

2 Crisalli, Paul 9/2/21 0.2 875.00 $ 175.00 $ Correspond with E. Ortiz (PREPA) and N. Morales (PREPA) regarding GridCo 

and HoldCo-related budget versus actual cash flow variances to inform cash 

flow reporting.

Not in PR

3 Porter, Lucas 9/2/21 0.4 570.00 $ 228.00 $ Review and respond to comments received from N. Marino (ACG) regarding FY 

2022 fiscal plan reporting for September.

Not in PR

3 Porter, Lucas 9/2/21 0.8 570.00 $ 456.00 $ Participate on call with G. Gil (ACG) regarding requests received from AAFAF 

related to PREPA debt to advance FY 2022 fiscal plan implementation.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 5 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 197 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 9/2/21 1.1 570.00 $ 627.00 $ Participate in working session with G. Gil (ACG) to revise draft PREPA 

information request responses to advance FY 2022 fiscal plan fuel procurement 

initiative implementation.

Not in PR

50 San Miguel, 

Jorge

9/2/21 0.5 620.00 $ 310.00 $ Prepare RFI to F. Padilla (PREPA) related to transformation and generation 

updates to inform discussions with creditor stakeholders during the 9/3/21 biweekly mediation call.

PR

50 Crisalli, Paul 9/2/21 0.5 875.00 $ 437.50 $ Revise the cash flow and liquidity-related materials for the 9/3/21 bi-weekly 

mediation call based on discussions with Luma and PREPA.

Not in PR

50 Crisalli, Paul 9/2/21 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) regarding the cash flow 

variance report in preparation for the 9/3/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 9/2/21 0.4 500.00 $ 200.00 $ Review summary comments from L. Porter (ACG) regarding PREPA debt 

related matters for FY 2022 fiscal plan implementation for submittal to AAFAF.

PR

50 San Miguel, 

Jorge

9/2/21 0.3 620.00 $ 186.00 $ Participate on call with M. DiConza (OMM) regarding agenda for the 9/3/21 biweekly mediation call.PR

50 San Miguel, 

Jorge

9/2/21 0.5 620.00 $ 310.00 $ Participate on call with L. Porter (ACG), P. Crisalli (ACG), G. Gil (ACG), K. 

Kostyk (Luma), S. Weiss (Luma) and P. Clemente (Luma) regarding FY 2022 

certified annual budget inquiries received from creditors.

PR

3 Crisalli, Paul 9/2/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) regarding financial and operating 

data for N. Morales (PREPA) and L. Bauer (NR).

Not in PR

2 Crisalli, Paul 9/2/21 0.3 875.00 $ 262.50 $ Review information provided by J. Roque (Luma) regarding the cash flow 

forecast budget-to-actual results.

Not in PR

3 Porter, Lucas 9/2/21 0.5 570.00 $ 285.00 $ Review and prepare comments on PREB regulatory filings related to fuel and 

purchased power cost adjustments for J. San Miguel (ACG) and J. Smith 

(ACG).

Not in PR

3 Porter, Lucas 9/2/21 0.4 570.00 $ 228.00 $ Participate in discussion with J. San Miguel (ACG) regarding updates to 

financial and operational data requested by N. Morales (PREPA).

Not in PR

6 Gil, Gerard 9/2/21 0.6 500.00 $ 300.00 $ Review the latest iteration of the draft GridCo-GenCo Operating Agreement in 

preparation for upcoming working session with Luma and P3 Authority.

PR

40 Carr, Scott 9/2/21 1.7 615.00 $ 1,045.50 $ Review model related to excess vacation time to understand PREPA's liability 

for unpaid excess vacation time.

Not in PR

3 Porter, Lucas 9/2/21 0.6 570.00 $ 342.00 $ Review PREPA fuel RFP documentation to inform revisions to updated draft 

information request responses from G. Gil (ACG) for FY 2022 fiscal plan 

implementation.

Not in PR

3 Porter, Lucas 9/2/21 1.6 570.00 $ 912.00 $ Participate on call with G. Gil (ACG) to review analyses to inform response to 

requests from AAFAF related to PREPA debt to advance FY 2022 fiscal plan 

implementation.

Not in PR

50 San Miguel, 

Jorge

9/2/21 1.0 620.00 $ 620.00 $ Review and provide comments to agenda for the 9/3/21 bi-weekly mediation 

call.

PR

50 Smith, James 9/2/21 0.3 750.00 $ 225.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

6 Gil, Gerard 9/2/21 0.8 500.00 $ 400.00 $ Participate on call with S. Torres (P3A), C. Kordula (CGSH), V. Del Rio 

(CGSH), K. Bolanos (DV) and L. Porter (ACG) to discuss Luma comments to 

the GridCo-GenCo Operating Agreement.

PR

3 Gil, Gerard 9/2/21 0.4 500.00 $ 200.00 $ Review PREPA Fuels RFP materials to inform discussions with PREPA 

management and advance FY 2022 fiscal plan implementation.

PR

2 Crisalli, Paul 9/2/21 0.6 875.00 $ 525.00 $ Develop template for the July 2021 accounts receivable presentation materials 

for N. Morales (PREPA).

Not in PR

2 Keys, Jamie 9/2/21 0.7 330.00 $ 231.00 $ Participate on call with J. Roque (Luma), K. Kostyk (Luma), P. Crisalli (ACG), 

E. Ortiz (PREPA), N. Morales (PREPA) and D. Miller (Luma) regarding budgetto-actual variances to inform cash flow reporting.

Not in PR

50 Gil, Gerard 9/2/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to prepare for discussion with Luma 

regarding FY 2022 budget information requested by J. San Miguel (ACG) prior 

to the 9/3/21 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

9/2/21 0.8 495.00 $ 396.00 $ Participate on telephone call with J. Keys (ACG) regarding review of the 

Annual Financial Information and Operating Data Report to support FY 2022 

fiscal plan objectives.

Not in PR

3 Gil, Gerard 9/2/21 0.6 500.00 $ 300.00 $ Participate in meeting with R. Zampierollo (PREPA), N. Marino (ACG) and L. 

Porter (ACG) to discuss preparations for FY 2022 fiscal plan reporting for 

September.

PR

3 Porter, Lucas 9/2/21 0.3 570.00 $ 171.00 $ Finalize and send draft information request responses to K. Hernandez (S&L) 

for FY 2022 fiscal plan fuel procurement initiative implementation.

Not in PR

50 Smith, James 9/2/21 1.2 750.00 $ 900.00 $ Prepare the fleet status report for distribution to creditors for the 9/3/21 biweekly mediation call.

Not in PR

3 Gil, Gerard 9/2/21 1.1 500.00 $ 550.00 $ Participate in working session with L. Porter (ACG) to revise draft PREPA 

information request responses to advance FY 2022 fiscal plan fuel procurement 

initiative implementation.

PR

2 Keys, Jamie 9/2/21 0.7 330.00 $ 231.00 $ Review variances in the cash flow budget as compared to actuals prior to 

discussions with PREPA.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 6 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 198 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

9/2/21 0.5 620.00 $ 310.00 $ Participate in discussion with J. Smith (ACG) regarding draft agenda updates in 

preparation for the 9/3/21 bi-weekly mediation call.

PR

3 Porter, Lucas 9/2/21 0.8 570.00 $ 456.00 $ Review the historical data analysis related to Demand Protections to inform 

responses to AAFAF related to PREPA debt to advance FY 2022 fiscal plan 

implementation.

Not in PR

50 San Miguel, 

Jorge

9/2/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Gil (ACG) regarding comments received from 

F. Padilla (PREPA) to inform updates for the 9/3/21 bi-weekly mediation call.

PR

50 Porter, Lucas 9/2/21 0.5 570.00 $ 285.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG), G. Gil (ACG), 

K. Kostyk (Luma), S. Weiss (Luma) and P. Clemente (Luma) regarding FY 2022 

certified annual budget inquiries received from creditors.

Not in PR

60 Dirlam, Josh 9/3/21 0.5 293.00 $ 146.50 $ Revise the 2020 valuation model based on 6/30/20 market data. Not in PR

50 San Miguel, 

Jorge

9/3/21 0.4 620.00 $ 248.00 $ Participate on call with J. Smith (ACG) to review updates to generation status 

reports in preparation for the bi-weekly mediation call.

PR

50 Porter, Lucas 9/3/21 0.5 570.00 $ 285.00 $ Participate on the bi-weekly mediation call. Not in PR

60 Dirlam, Josh 9/3/21 2.8 293.00 $ 820.40 $ Perform Credit Valuation Adjustment analysis for the 2020 valuation model. Not in PR

50 Crisalli, Paul 9/3/21 0.5 875.00 $ 437.50 $ Participate on the bi-weekly mediation call. Not in PR

6 Porter, Lucas 9/3/21 0.2 570.00 $ 114.00 $ Review updates received from V. Del Rio (CGSH) related to development of the 

GridCo-GenCo Operating Agreement.

Not in PR

3 Keys, Jamie 9/3/21 3.1 330.00 $ 1,023.00 $ Review the Annual Financial Information and Operating Data Report to support 

FY 2022 fiscal plan objectives.

Not in PR

50 Marino, 

Nicholas

9/3/21 0.1 495.00 $ 49.50 $ Aggregate and revise creditor representative questions and responses during the 

bi-weekly mediation call for distribution to the Ankura team.

Not in PR

3 Keys, Jamie 9/3/21 1.2 330.00 $ 396.00 $ Participate in working session with N. Marino (ACG) to update summary of the 

Annual Financial Information and Operating Data Report to support FY 2022 

fiscal plan objectives to send to G. Soto (Luma) for review.

Not in PR

50 San Miguel, 

Jorge

9/3/21 0.5 620.00 $ 310.00 $ Participate on the bi-weekly mediation call. PR

3 Porter, Lucas 9/3/21 0.5 570.00 $ 285.00 $ Prepare draft information requests for R. Zampierollo (PREPA) and N. Marino 

(ACG) related to monthly reporting for the FY 2022 fiscal plan.

Not in PR

50 Marino, 

Nicholas

9/3/21 0.5 495.00 $ 247.50 $ Participate on the bi-weekly mediation call. Not in PR

50 Gil, Gerard 9/3/21 0.5 500.00 $ 250.00 $ Participate on the bi-weekly mediation call. PR

3 Porter, Lucas 9/3/21 0.6 570.00 $ 342.00 $ Participate on call with J. Keys (ACG) and N. Marino (ACG) to discuss 

operational and financial data needed to update the Disclosure Statement for 

implementation of FY 2022 fiscal plan objectives.

Not in PR

50 Smith, James 9/3/21 2.0 750.00 $ 1,500.00 $ Watch the PREB hearing in respect to generation shortfalls and load shedding in 

preparation for the bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

9/3/21 0.4 620.00 $ 248.00 $ Confirm with K. Bolanos (D&V) PREB procedural filings related to renewable 

energy RFP initiative to inform the bi-weekly mediation call.

PR

3 Keys, Jamie 9/3/21 0.6 330.00 $ 198.00 $ Participate on call with L. Porter (ACG) and N. Marino (ACG) to discuss 

operational and financial data needed to update the Disclosure Statement for 

implementation of FY 2022 fiscal plan objectives.

Not in PR

2 Crisalli, Paul 9/3/21 1.6 875.00 $ 1,400.00 $ Update the supporting analyses and related outputs for the July 2021 accounts 

receivable presentation materials for N. Morales (PREPA).

Not in PR

50 Crisalli, Paul 9/3/21 0.3 875.00 $ 262.50 $ Prepare for the bi-weekly mediation call. Not in PR

3 San Miguel, 

Jorge

9/3/21 0.8 620.00 $ 496.00 $ Review and edit draft update provided by N. Morales (PREPA) related to 

budget-to-actual report submittal to the FOMB under the FY 2022 fiscal plan.

PR

3 Marino, 

Nicholas

9/3/21 0.4 495.00 $ 198.00 $ Revise information tracker per updated materials received from J. Adrover 

(PREPA) related to the Section 104c RFI from the FOMB regarding the PREPA 

mobility program.

Not in PR

50 Keys, Jamie 9/3/21 0.6 330.00 $ 198.00 $ Review the latest bi-weekly mediation call agenda circulated by J. Smith (ACG). Not in PR

25 Parker, 

Christine

9/3/21 2.0 200.00 $ 400.00 $ Review time descriptions to the Ankura August 2021 monthly fee statement for 

information currently assembled.

Not in PR

3 San Miguel, 

Jorge

9/3/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Morales (PREPA) regarding status and 

development of budget-to-actual reports and coordination with Luma prior to 

submittal to the FOMB.

PR

50 Keys, Jamie 9/3/21 0.5 330.00 $ 165.00 $ Review the generation fleet status report prior to the bi-weekly mediation call. Not in PR

50 San Miguel, 

Jorge

9/3/21 2.6 620.00 $ 1,612.00 $ Attend the PREB technical hearing regarding PREPA generation, dispatch and 

T&D balance in connection with recent load shedding events to inform 

discussions with creditor stakeholders.

PR

2 Crisalli, Paul 9/3/21 1.8 875.00 $ 1,575.00 $ Update the July 2021 accounts receivable presentation materials for N. Morales 

(PREPA).

Not in PR

3 Porter, Lucas 9/3/21 0.3 570.00 $ 171.00 $ Participate on call with N. Morales (PREPA) to discuss FY 2021 financial data 

for reporting required by the FY 2021 fiscal plan.

Not in PR

3 Gil, Gerard 9/3/21 0.2 500.00 $ 100.00 $ Correspond with J. San Miguel (ACG) regarding the RFI from the Puerto Rico 

Legislature regarding the FY 2022 budget.

PR

Exhibit C

November 1, 2021 / #PR00051 7 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 199 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Smith, James 9/3/21 0.4 750.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) to review updates to generation 

status reports in preparation for the bi-weekly mediation call.

Not in PR

50 Porter, Lucas 9/3/21 0.2 570.00 $ 114.00 $ Prepare and send responding information to J. San Miguel (ACG) regarding 

creditor inquiries related to fuel costs.

Not in PR

50 San Miguel, 

Jorge

9/3/21 0.5 620.00 $ 310.00 $ Participate on call with J. Smith (ACG) to debrief on next steps following the biweekly mediation call.PR

3 San Miguel, 

Jorge

9/3/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) regarding update on budget-toactual reporting and coordination with Luma regarding financial data provided 

to complete initiative prior to submittal to the FOMB.

PR

3 Marino, 

Nicholas

9/3/21 1.2 495.00 $ 594.00 $ Participate in working session with J. Keys (ACG) to update summary of the 

Annual Financial Information and Operating Data Report to support FY 2022 

fiscal plan objectives to send to G. Soto (Luma) for review.

Not in PR

50 Keys, Jamie 9/3/21 0.5 330.00 $ 165.00 $ Participate on the bi-weekly mediation call. Not in PR

3 Marino, 

Nicholas

9/3/21 0.6 495.00 $ 297.00 $ Participate on call with J. Keys (ACG) and L. Porter (ACG) to discuss 

operational and financial data needed to update the Disclosure Statement for 

implementation of FY 2022 fiscal plan objectives.

Not in PR

3 Porter, Lucas 9/3/21 0.4 570.00 $ 228.00 $ Prepare and send historical financial information to J. Keys (ACG) and N. 

Marino (ACG) needed to update the Disclosure Statement for implementation of 

FY 2022 fiscal plan objectives.

Not in PR

3 San Miguel, 

Jorge

9/3/21 0.5 620.00 $ 310.00 $ Review budget-to-actual related documentation provided by N. Morales 

(PREPA) to inform timing of report submittal to the FOMB.

PR

50 Smith, James 9/3/21 0.9 750.00 $ 675.00 $ Review open items and provide updated materials to J. San Miguel (ACG) prior 

to the bi-weekly mediation call.

Not in PR

3 Gil, Gerard 9/3/21 0.3 500.00 $ 150.00 $ Review the RFI from the Puerto Rico Legislature sent by F. Padilla (PREPA) 

regarding the FY 2022 budget.

PR

50 Gil, Gerard 9/3/21 1.1 500.00 $ 550.00 $ Revise and provide input on draft materials for the bi-weekly mediation call. PR

50 San Miguel, 

Jorge

9/3/21 1.4 620.00 $ 868.00 $ Review and study final agenda on financial, operational and transformation 

developments in preparation for the bi-weekly mediation call.

PR

2 Crisalli, Paul 9/3/21 0.7 875.00 $ 612.50 $ Update the executive summary for the July 2021 accounts receivable 

presentation materials for N. Morales (PREPA).

Not in PR

50 Porter, Lucas 9/3/21 0.2 570.00 $ 114.00 $ Review final meeting notes from J. San Miguel (ACG) in preparation for the biweekly mediation call.

Not in PR

50 Smith, James 9/3/21 0.5 750.00 $ 375.00 $ Participate on the bi-weekly mediation call. Not in PR

3 Marino, 

Nicholas

9/3/21 0.7 495.00 $ 346.50 $ Review the PREPA AEE-meta file to compare the financial information and 

operating data to PREPA audited financial statements for any variances.

Not in PR

50 Smith, James 9/3/21 0.5 750.00 $ 375.00 $ Participate on call with J. San Miguel (ACG) to debrief on next steps following 

the bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

9/4/21 0.6 620.00 $ 372.00 $ Review motion and attachments filed by Luma in the PREB docket related to 

operational procedures and the 9/3/21 technical hearing on generation dispatch 

issues and challenges in preparation for the bi-weekly mediation call.

PR

40 Sabbe, Angela 9/5/21 1.5 570.00 $ 855.00 $ Continue to evaluate client and legal documents to gain understanding of 

requirements for modelling of excess vacation time as described in the 

Arbitration Award.

Not in PR

3 Gil, Gerard 9/6/21 0.2 500.00 $ 100.00 $ Correspond with L. Porter (ACG) regarding response to the RFI received from 

the Puerto Rico Legislature related to the FY 2022 budget.

PR

40 Carr, Scott 9/6/21 1.3 615.00 $ 799.50 $ Analyze PREPA datasets of excess vacation time to develop methodology for 

estimating PREPA's liability for unpaid excess vacation time.

Not in PR

3 Gil, Gerard 9/6/21 1.7 500.00 $ 850.00 $ Review and gather information to inform responses to the RFI received from the 

Puerto Rico Legislature regarding the FY 2022 budget, as requested by F. 

Padilla (PREPA).

PR

40 Carr, Scott 9/6/21 1.2 615.00 $ 738.00 $ Review PREPA documents related to modelling of excess vacation time to 

understand what information and data is available for estimating PREPA's 

liability for unpaid excess vacation time.

Not in PR

40 Sabbe, Angela 9/7/21 2.0 570.00 $ 1,140.00 $ Compare data sources to test validity for analysis of excess vacation time. Not in PR

40 Sabbe, Angela 9/7/21 0.5 570.00 $ 285.00 $ Develop methodology for analysis of excess vacation time. Not in PR

3 Gil, Gerard 9/7/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss responses to F. Padilla 

(PREPA) regarding the FY 2022 budget.

PR

50 San Miguel, 

Jorge

9/7/21 1.4 620.00 $ 868.00 $ Review the generation site visit presentation and addendum to RFP to inform 

updates to the bi-weekly mediation call related to generation privatization 

process.

PR

50 Smith, James 9/7/21 1.0 750.00 $ 750.00 $ Review regulatory filings received from K. Bolanos (DV) in support of the 

creditor reporting workstream.

Not in PR

3 Gil, Gerard 9/7/21 0.6 500.00 $ 300.00 $ Prepare response to F. Padilla (PREPA) regarding the RFI received from Puerto 

Rico Legislature on the FY 2022 budget.

PR

3 San Miguel, 

Jorge

9/7/21 0.4 620.00 $ 248.00 $ Review updated schedule for delivery of PREPA mobility data to the FOMB in 

preparation for meeting with N. Morales (PREPA), AAFAF and OMB.

PR

3 San Miguel, 

Jorge

9/7/21 0.7 620.00 $ 434.00 $ Participate on call with G. Gil (ACG) to discuss RFI related to generation 

budgeting matters as requested by F. Padilla (PREPA).

PR

Exhibit C

November 1, 2021 / #PR00051 8 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 200 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

40 Sabbe, Angela 9/7/21 0.5 570.00 $ 285.00 $ Participate in working session with N. Bailey (ACG) to discuss PREPA's 

preliminary model quantifying excess vacation liability.

Not in PR

3 Porter, Lucas 9/7/21 0.6 570.00 $ 342.00 $ Review PREB regulatory filings regarding fuel and purchased power costs to 

inform responses to P. Crisalli (ACG) related to FY 2022 fiscal plan reporting.

Not in PR

3 San Miguel, 

Jorge

9/7/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Marino (ACG) regarding status of responses to 

the FOMB RFI related to the PREPA mobility program.

PR

3 Porter, Lucas 9/7/21 0.5 570.00 $ 285.00 $ Prepare clarifying information request for L. Matias (PREPA) related to the 

PREPA historical financial information needed to update the Disclosure 

Statement for implementation of FY 2022 fiscal plan objectives.

Not in PR

2 Crisalli, Paul 9/7/21 0.4 875.00 $ 350.00 $ Develop correspondence to J. Roque (Luma) regarding invoices for renewable, 

fleet and storage, co-generation and LNG suppliers as well as recent supplier 

payment history to inform the PREPA cash flow forecast.

Not in PR

3 Gil, Gerard 9/7/21 0.2 500.00 $ 100.00 $ Review draft exhibits from L. Porter (ACG) regarding FY 2021 budget 

variances.

PR

6 Porter, Lucas 9/7/21 0.4 570.00 $ 228.00 $ Prepare status update information on the P3 Authority generation transformation 

transaction RFP to G. Gil (ACG), J. San Miguel (ACG) and J. Smith (ACG). 

Not in PR

6 Gil, Gerard 9/7/21 0.4 500.00 $ 200.00 $ Review P3 generation timeline and related correspondence to inform 

discussions with F. Padilla (PREPA).

PR

3 Porter, Lucas 9/7/21 0.4 570.00 $ 228.00 $ Prepare RFI with supporting data related to PREPA FY 2021 budget variances 

for distribution to A. Cabrera (FW).

Not in PR

3 Porter, Lucas 9/7/21 0.2 570.00 $ 114.00 $ Prepare responses to questions related to the FY 2022 budget development 

process for F. Padilla (PREPA).

Not in PR

3 San Miguel, 

Jorge

9/7/21 0.8 620.00 $ 496.00 $ Review the FOMB RFI letter and attachment to prepare comments to 

spreadsheet tracker requested by PREPA and AAFAF.

PR

2 Crisalli, Paul 9/7/21 1.1 875.00 $ 962.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

3 Gil, Gerard 9/7/21 0.7 500.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to discuss RFI related to 

generation budgeting matters as requested by F. Padilla (PREPA).

PR

2 San Miguel, 

Jorge

9/7/21 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding upcoming revisions to 

cash flow budget and schedule of deliverables to coordinate with Luma and 

PREPA.

PR

3 Keys, Jamie 9/7/21 1.2 330.00 $ 396.00 $ Review additional source data provided by L. Porter (ACG) for use in updating 

the PREPA Annual Financial Information and Operating Data Report to support 

FY 2022 fiscal plan implementation.

Not in PR

3 Crisalli, Paul 9/7/21 0.3 875.00 $ 262.50 $ Participate on call with L. Porter (ACG) regarding FY 2022 fiscal plan budgetto-actual reporting.

Not in PR

3 Porter, Lucas 9/7/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) to discuss information request responses 

for F. Padilla (PREPA) related to the FY 2022 budget development process.

Not in PR

3 Porter, Lucas 9/7/21 1.7 570.00 $ 969.00 $ Analyze PREPA FY 2021 budget and actual expense data to inform responses 

to requests received from F. Padilla (PREPA) and G. Gil (ACG) regarding FY 

2021 budget variances.

Not in PR

2 Keys, Jamie 9/7/21 0.2 330.00 $ 66.00 $ Correspond with J. Roque (Luma) regarding suggested updates to the projected 

cash flow for the week ended 9/3/21.

Not in PR

2 Crisalli, Paul 9/7/21 0.5 875.00 $ 437.50 $ Review additional information provided by J. Roque (Luma) related to 

renewable, fleet and storage, co-generation and medical benefit-related invoices 

and payment history.

Not in PR

40 Bailey, Nate 9/7/21 0.5 380.00 $ 190.00 $ Participate in working session with A. Sabbe (ACG) to discuss PREPA's 

preliminary model quantifying excess vacation liability.

Not in PR

50 Marino, 

Nicholas

9/7/21 1.3 495.00 $ 643.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 9/17/21 bi-weekly mediation call.

Not in PR

25 Parker, 

Christine

9/7/21 1.5 200.00 $ 300.00 $ Assemble time descriptions for the period 8/15/21 - 8/21/21 for inclusion in the 

Ankura August 2021 monthly fee statement.

Not in PR

2 Keys, Jamie 9/7/21 0.3 330.00 $ 99.00 $ Prepare summary email of suggested changes for the cash flow outputs for 

review by P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 9/7/21 0.3 570.00 $ 171.00 $ Participate on call with P. Crisalli (ACG) regarding FY 2022 fiscal plan budgetto-actual reporting.

Not in PR

3 Gil, Gerard 9/7/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss information request 

responses for F. Padilla (PREPA) related to the FY 2022 budget development 

process.

PR

3 Porter, Lucas 9/7/21 0.2 570.00 $ 114.00 $ Correspond with N. Morales (PREPA) regarding requests for historical financial 

information needed to update the Disclosure Statement for implementation of 

FY 2022 fiscal plan objectives.

Not in PR

25 Parker, 

Christine

9/7/21 0.6 200.00 $ 120.00 $ Participate on telephone call with J. Keys (ACG) regarding updates to the 

Ankura August 2021 monthly fee statement and billing rates.

Not in PR

3 Marino, 

Nicholas

9/7/21 0.4 495.00 $ 198.00 $ Update the information tracker per the FOMB 9/3/21 time extension request 

letter regarding the Section 104c RFI from the FOMB regarding the PREPA 

mobility program.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 9 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 201 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Keys, Jamie 9/7/21 1.8 330.00 $ 594.00 $ Prepare the weekly cash flow outputs for the week ended 9/3/21 for review by P. 

Crisalli (ACG).

Not in PR

3 Porter, Lucas 9/7/21 0.9 570.00 $ 513.00 $ Prepare exhibits with summary comments for F. Padilla (PREPA) and G. Gil 

(ACG) regarding FY 2021 budget variances. 

Not in PR

2 Crisalli, Paul 9/7/21 0.3 875.00 $ 262.50 $ Participate on call with J. Keys (ACG) regarding status-update for the weekly 

cash flow forecast.

Not in PR

25 Keys, Jamie 9/7/21 0.6 330.00 $ 198.00 $ Participate on telephone call with C. Parker (ACG) regarding updates to the 

Ankura August 2021 monthly fee statement and billing rates.

Not in PR

2 Keys, Jamie 9/7/21 0.4 330.00 $ 132.00 $ Review the cash flow source documents provided by J. Roque (Luma) to inform 

the weekly cash flow reporting.

Not in PR

3 Porter, Lucas 9/7/21 1.0 570.00 $ 570.00 $ Prepare status update for G. Gil (ACG) to inform discussions with F. Padilla 

(PREPA) regarding FY 2022 fiscal plan implementation.

Not in PR

3 Porter, Lucas 9/7/21 0.6 570.00 $ 342.00 $ Review P3 Authority generation transformation transaction RFP correspondence 

to inform status updates for FY 2022 fiscal plan reporting.

Not in PR

3 Marino, 

Nicholas

9/7/21 1.6 495.00 $ 792.00 $ Continue review of the PREPA AEE-meta file and compare the financial 

information and operating data to PREPA audited financial statements for any 

variances.

Not in PR

2 Keys, Jamie 9/7/21 0.3 330.00 $ 99.00 $ Participate on call with P. Crisalli (ACG) regarding status-update for the weekly 

cash flow forecast.

Not in PR

3 Porter, Lucas 9/7/21 1.3 570.00 $ 741.00 $ Review FY 2022 budget development documentation to inform responses to 

RFI from F. Padilla (PREPA).

Not in PR

2 Crisalli, Paul 9/7/21 0.6 875.00 $ 525.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

3 Marino, 

Nicholas

9/7/21 0.2 495.00 $ 99.00 $ Participate in discussion with J. San Miguel (ACG) regarding status of 

responses to the FOMB RFI related to the PREPA mobility program.

Not in PR

3 San Miguel, 

Jorge

9/7/21 1.1 620.00 $ 682.00 $ Review and prepare comments to updated information provided by G. Loran 

(AAFAF) and N. Morales (PREPA) regarding the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

PR

3 Porter, Lucas 9/7/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss responses to F. Padilla 

(PREPA) regarding the FY 2022 budget.

Not in PR

50 Smith, James 9/7/21 1.2 750.00 $ 900.00 $ Review operations reports and data related to generator outages and load 

shedding in support of the creditor reporting workstream.

Not in PR

2 Crisalli, Paul 9/7/21 0.5 875.00 $ 437.50 $ Develop correspondence to Luma and PREPA regarding weekly budget versus 

actual cash flow variances.

Not in PR

3 Gil, Gerard 9/7/21 0.3 500.00 $ 150.00 $ Participate on call with F. Padilla (PREPA) to discuss FY 2022 fiscal planrelated matters.PR

2 Crisalli, Paul 9/7/21 1.2 875.00 $ 1,050.00 $ Review the accounts payable aging outstanding invoices for renewable, fleet 

and storage, co-generation and LNG suppliers, as well as recent supplier 

payment history to inform the PREPA cash flow forecast.

Not in PR

2 Crisalli, Paul 9/7/21 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding upcoming 

revisions to cash flow budget and schedule of deliverables to coordinate with 

Luma and PREPA.

Not in PR

40 Bailey, Nate 9/7/21 0.5 380.00 $ 190.00 $ Review data and documents received showing vacation taken by employees and 

previous vacation payouts for use in the excess vacation liability model.

Not in PR

60 Dirlam, Josh 9/8/21 2.1 293.00 $ 615.30 $ Calculate CVA Adjustment using a proprietary internal analysis to incorporate 

market data sourced from Bloomberg into the SWAP analysis.

Not in PR

6 Porter, Lucas 9/8/21 0.5 570.00 $ 285.00 $ Participate on call with J. San Miguel (ACG) to discuss next steps for 

preparation of P3 Authority generation transformation transaction RFP due 

diligence materials.

Not in PR

2 Crisalli, Paul 9/8/21 0.9 875.00 $ 787.50 $ Begin to develop the draft work plan and RFI tracker for the October 2021 cash 

flow budget.

Not in PR

6 San Miguel, 

Jorge

9/8/21 0.5 620.00 $ 310.00 $ Participate on call with L. Porter (ACG) to discuss next steps for preparation of 

P3 Authority generation transformation transaction RFP due diligence materials.

PR

25 Parker, 

Christine

9/8/21 1.4 200.00 $ 280.00 $ Assemble time descriptions for the period 8/22/21 - 8/28/21 for inclusion in the 

Ankura August 2021 monthly fee statement.

Not in PR

3 Porter, Lucas 9/8/21 1.5 570.00 $ 855.00 $ Analyze annual PREPA historical financial information requested by A. 

Acevedo (PREPA) required for management reporting under the FY 2022 fiscal 

plan.

Not in PR

51 San Miguel, 

Jorge

9/8/21 0.7 620.00 $ 434.00 $ Participate on call with J. Keys (ACG), P. Crisalli (ACG), N. Morales (PREPA) 

and S. Diaz (ARI) regarding emergency vendor open invoices and related 

potential FEMA proceeds.

PR

3 Marino, 

Nicholas

9/8/21 0.8 495.00 $ 396.00 $ Review PREPA GASB 67 and 68 FY 2015 through FY 2018 reports related to 

summary of the Annual Financial Information and Operating Data Report to 

support FY 2022 fiscal plan objectives.

Not in PR

50 Keys, Jamie 9/8/21 0.5 330.00 $ 165.00 $ Review the weekly cash flow forecast documents prior to distribution of the 

weekly reporting package.

Not in PR

3 Gil, Gerard 9/8/21 0.2 500.00 $ 100.00 $ Participate on call with F. Padilla (PREPA) regarding upcoming hearing at the 

Puerto Rico Legislature regarding the FY 2022 budget.

PR

Exhibit C

November 1, 2021 / #PR00051 10 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 202 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

51 San Miguel, 

Jorge

9/8/21 0.4 620.00 $ 248.00 $ Participate in discussion with P. Crisalli (ACG) regarding updates to the 

emergency vendor reimbursement process with COR3.

PR

3 Marino, 

Nicholas

9/8/21 0.3 495.00 $ 148.50 $ Participate in discussion with J. San Miguel (ACG) regarding status of tracker 

related to responses to the Section 104c RFI on the PREPA mobility program 

and next steps with AAFAF, OMB and PREPA.

Not in PR

50 Keys, Jamie 9/8/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

3 Porter, Lucas 9/8/21 0.3 570.00 $ 171.00 $ Review cash flow reporting materials sent by P. Crisalli (ACG) to D. Miller 

(Luma) and N. Morales (PREPA) pursuant to FY 2022 fiscal plan reporting 

requirements.

Not in PR

3 San Miguel, 

Jorge

9/8/21 0.3 620.00 $ 186.00 $ Participate on call with AAFAF representatives regarding PREPA mobility plan 

data and responsive materials to inform the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

PR

3 Porter, Lucas 9/8/21 0.8 570.00 $ 456.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system status updates for FY 2022 fiscal plan reporting.

Not in PR

3 Porter, Lucas 9/8/21 0.6 570.00 $ 342.00 $ Prepare responding information for A. Cabrera (PREPA) related to the FY 2021 

budget variance analysis required by the FY 2021 fiscal plan.

Not in PR

3 Porter, Lucas 9/8/21 0.6 570.00 $ 342.00 $ Review the updated daily generation reports received from G. Soto (Luma) to 

inform development of the generation operational report for the week ending 

9/5/21 required by the FY 2022 fiscal plan.

Not in PR

2 Crisalli, Paul 9/8/21 0.3 875.00 $ 262.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

3 Marino, 

Nicholas

9/8/21 0.7 495.00 $ 346.50 $ Review the Section 104c RFI tracker for current status and outstanding items 

ahead of working session with J. San Miguel (ACG), N. Rivera (PREPA), J. 

Adrover (PREPA), J. Medina (OGP) and G. Loran (AAFAF).

Not in PR

3 Gil, Gerard 9/8/21 0.8 500.00 $ 400.00 $ Review and provide comments to presentation materials received from Cleary 

Gottlieb related to the PREPA Reorganization Plan and provide comments 

based on the FY 2022 fiscal plan and related FOMB correspondence.

PR

40 Sabbe, Angela 9/8/21 0.5 570.00 $ 285.00 $ Review data and documents received to evaluate relevance for analysis of 

excess vacation time.

Not in PR

50 Crisalli, Paul 9/8/21 0.2 875.00 $ 175.00 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

2 Crisalli, Paul 9/8/21 2.1 875.00 $ 1,837.50 $ Update the cash flow forecast support schedules for additional information 

provided by Luma related to renewables, fleet and storage, co-generation, LNG 

and medical benefit-related invoices and payment history.

Not in PR

51 Keys, Jamie 9/8/21 0.5 330.00 $ 165.00 $ Participate on preparation call with S. Diaz (ARI) regarding emergency vendor 

open invoices and related potential FEMA proceeds.

Not in PR

3 San Miguel, 

Jorge

9/8/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Marino (ACG) regarding status of tracker 

related to responses to the Section 104c RFI on the PREPA mobility program 

and next steps with AAFAF, OMB and PREPA.

PR

3 San Miguel, 

Jorge

9/8/21 0.6 620.00 $ 372.00 $ Review supporting data provided by J. Adrover (PREPA) related to the PREPA 

mobility program to respond to inquiry from Y. Hickey (FOMB) regarding 

current employee rosters.

PR

3 Porter, Lucas 9/8/21 1.5 570.00 $ 855.00 $ Prepare the generation operational report for the week ending 9/5/21 based on 

data received from G. Soto (Luma) for FOMB as required by the FY 2022 fiscal 

plan.

Not in PR

51 Crisalli, Paul 9/8/21 0.2 875.00 $ 175.00 $ Prepare for call with J. Keys (ACG), J. San Miguel (ACG) and S. Diaz (ARI) 

regarding emergency vendor open invoices and related potential FEMA 

proceeds.

Not in PR

51 San Miguel, 

Jorge

9/8/21 0.8 620.00 $ 496.00 $ Review and comment on information provided by M. DiConza (OMM), N. 

Morales (PREPA) from E. Abbott (Baker) in preparation for meeting to discuss 

emergency contractor payment status.

PR

50 Keys, Jamie 9/8/21 1.1 330.00 $ 363.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution of the weekly reporting package.

Not in PR

50 Keys, Jamie 9/8/21 0.7 330.00 $ 231.00 $ Review the weekly project worksheet status report provided by S. Diaz (ARI) 

for use in the weekly FEMA flash report.

Not in PR

60 Dirlam, Josh 9/8/21 1.0 293.00 $ 293.00 $ Review the 2020 Credit Default SWAP Valuation Model prior to sending to L. 

Costa (ACG) for review.

Not in PR

50 Keys, Jamie 9/8/21 0.2 330.00 $ 66.00 $ Correspond with N. Morales (PREPA) regarding changes to the weekly FEMA 

flash report.

Not in PR

3 Porter, Lucas 9/8/21 1.4 570.00 $ 798.00 $ Analyze monthly budget and actual expense data for FY 2021 to inform 

responses to F. Padilla (PREPA) related to the FY 2021 budget variance report 

required by the FY 2021 fiscal plan.

Not in PR

50 Smith, James 9/8/21 0.6 750.00 $ 450.00 $ Review the generation operational reports prepared by L. Porter (ACG) in 

support of the creditor reporting workstream.

Not in PR

51 San Miguel, 

Jorge

9/8/21 0.2 620.00 $ 124.00 $ Review emails from M. DiConza (OMM) related to emergency contractor 

payment matters.

PR

2 Crisalli, Paul 9/8/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

Exhibit C

November 1, 2021 / #PR00051 11 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 203 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

51 Crisalli, Paul 9/8/21 0.4 875.00 $ 350.00 $ Participate in discussion with J. San Miguel (ACG) regarding updates to the 

emergency vendor reimbursement process with COR3.

Not in PR

3 Smith, James 9/8/21 0.8 750.00 $ 600.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system status updates for FY 2022 fiscal plan reporting.

Not in PR

3 Porter, Lucas 9/8/21 0.2 570.00 $ 114.00 $ Correspond with S. Acevedo (PREPA) regarding historical financial 

information required for management reporting under the FY 2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

9/8/21 0.5 495.00 $ 247.50 $ Prepare response and aggregate materials to Y. Hickey (FOMB) regarding the 

Section 104c RFI related to labor costs associated with employees remaining in 

PREPA ahead of the 9/17/21 formal submission.

Not in PR

40 Sabbe, Angela 9/8/21 1.2 570.00 $ 684.00 $ Perform comparison of data sources to test validity and inform analysis of 

excess vacation time.

Not in PR

3 Porter, Lucas 9/8/21 0.7 570.00 $ 399.00 $ Prepare analysis with responding comments related to budget variance report 

required by FY 2021 fiscal plan for F. Padilla (PREPA).

Not in PR

2 Crisalli, Paul 9/8/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 9/3/21. Not in PR

51 Keys, Jamie 9/8/21 0.7 330.00 $ 231.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG), N. Morales 

(PREPA) and S. Diaz (ARI) regarding emergency vendor open invoices and 

related potential FEMA proceeds.

Not in PR

50 Keys, Jamie 9/8/21 1.2 330.00 $ 396.00 $ Prepare the weekly FEMA flash report for the week ended 9/3/21 for review by 

P. Crisalli (ACG).

Not in PR

60 Dirlam, Josh 9/8/21 0.9 293.00 $ 263.70 $ Populate the 2020 model with appropriate market data including LIBOR 

Curves, Forward Corporate fixed income Yields and Forward Municipal Bond 

yields.

Not in PR

3 Marino, 

Nicholas

9/8/21 1.6 495.00 $ 792.00 $ Review and compare the summary of Annual Financial Information and 

Operating Data Report to support FY 2022 fiscal plan implementation report 

data to PREPA audited financial statements for any variances to discuss with N. 

Morales (PREPA).

Not in PR

2 Crisalli, Paul 9/8/21 0.8 875.00 $ 700.00 $ Develop correspondence to Luma and PREPA regarding the weekly cash flow 

forecast, cash flow bridge analysis and causal factors of related variances.

Not in PR

50 Keys, Jamie 9/8/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

51 Keys, Jamie 9/8/21 1.6 330.00 $ 528.00 $ Review the latest open invoice tracking file provided by S. Diaz (ARI) for 

emergency vendors.

Not in PR

25 Parker, 

Christine

9/8/21 1.3 200.00 $ 260.00 $ Review time descriptions to the Ankura August 2021 monthly fee statement for 

information currently assembled.

Not in PR

6 Gil, Gerard 9/8/21 0.9 500.00 $ 450.00 $ Review issues list from Luma regarding the Agreed Operating Procedures. PR

50 Keys, Jamie 9/8/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution. Not in PR

40 Bailey, Nate 9/8/21 2.3 380.00 $ 874.00 $ Reconcile data and documents received showing vacation taken by employees 

and previous vacation payouts to PREPA's presentation of their preliminary 

analysis of excess vacation liability.

Not in PR

3 Porter, Lucas 9/8/21 0.3 570.00 $ 171.00 $ Review the fleet status report for 9/2/21 from J. Smith (ACG) required for 

submittal to the FOMB by the FY 2022 fiscal plan.

Not in PR

3 Gil, Gerard 9/8/21 0.7 500.00 $ 350.00 $ Review and analyze latest PREB filings on fuel adjustment clause to inform FY 

2022 fiscal plan implementation.

PR

3 San Miguel, 

Jorge

9/8/21 0.6 620.00 $ 372.00 $ Revise spreadsheet tracker in preparation for meeting with AAFAF, PREPA and 

OMB regarding the FOMB RFI related to the PREPA mobility program.

PR

50 Keys, Jamie 9/8/21 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to the 

weekly project worksheet status report for use in the weekly FEMA flash report.

Not in PR

50 Marino, 

Nicholas

9/8/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 9/17/21 bi-weekly mediation call.

Not in PR

50 Crisalli, Paul 9/8/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

3 Marino, 

Nicholas

9/8/21 0.9 495.00 $ 445.50 $ Prepare draft response to the Section 104c RFI from the FOMB regarding the 

PREPA mobility program as requested by J. San Miguel (ACG).

Not in PR

51 Crisalli, Paul 9/8/21 0.7 875.00 $ 612.50 $ Participate on call with J. Keys (ACG), J. San Miguel (ACG), N. Morales 

(PREPA) and S. Diaz (ARI) regarding emergency vendor open invoices and 

related potential FEMA proceeds.

Not in PR

3 Marino, 

Nicholas

9/9/21 0.7 495.00 $ 346.50 $ Prepare the Section 104c RFI status summary table for inclusion in the draft 

response letter to the FOMB letter dated 8/24/21 as requested by J. San Miguel 

(ACG).

Not in PR

3 San Miguel, 

Jorge

9/9/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding generation budgeting 

matters requested by F. Padilla (PREPA) and environmental compliance issues.

PR

3 Gil, Gerard 9/9/21 1.0 500.00 $ 500.00 $ Participate in meeting with F. Hernandez (FOMB), F. Ramirez (FOMB), Y. 

Hickey (FOMB), R. Zampierollo (PREPA), R. Rodriguez (PREPA) and L. 

Porter (ACG) to discuss updates related to FY 2022 fiscal plan implementation.

PR

Exhibit C

November 1, 2021 / #PR00051 12 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 204 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Porter, Lucas 9/9/21 1.2 570.00 $ 684.00 $ Analyze the FY 2022 budget clarification responses received from K. Kostyk 

(Luma) related to non-labor operating expenses to address questions from J. San 

Miguel (ACG) in advance of the 9/17/21 bi-weekly mediation call.

Not in PR

6 Gil, Gerard 9/9/21 0.5 500.00 $ 250.00 $ Review the P3 Authority generation transformation transaction data room in 

preparation for discussions with the FOMB.

PR

3 Marino, 

Nicholas

9/9/21 0.2 495.00 $ 99.00 $ Update the Section 104c RFI tracker to reflect materials filed with Y. Hickey 

(FOMB) on 9/9/21 as a partial submittal.

Not in PR

6 Porter, Lucas 9/9/21 0.8 570.00 $ 456.00 $ Review comments received from K. Findley (Luma) and V. Del Rio (CGSH) 

regarding revisions to the draft GridCo-GenCo Operating Agreement.

Not in PR

60 Dirlam, Josh 9/9/21 0.7 293.00 $ 205.10 $ Coordinate review of valuation models and related report received from L. Costa 

(ACG).

Not in PR

51 Crisalli, Paul 9/9/21 0.5 875.00 $ 437.50 $ Prepare for call with Ankura, PREPA and ARI regarding emergency vendor 

open invoices and related potential FEMA proceeds.

Not in PR

50 Marino, 

Nicholas

9/9/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 9/17/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

9/9/21 0.7 620.00 $ 434.00 $ Review and edit draft response letter to the FOMB regarding the Section 104c 

RFI from the FOMB regarding the PREPA mobility program.

PR

3 Porter, Lucas 9/9/21 0.3 570.00 $ 171.00 $ Participate on call with S. Valentin (Luma), G. Gomez (Luma), R. Zampierollo 

(PREPA) and N. Marino (ACG) to discuss overtime data needed for FY 2022 

fiscal plan reporting.

Not in PR

3 Gil, Gerard 9/9/21 0.9 500.00 $ 450.00 $ Participate on call with J. San Miguel (ACG) to discuss FY 2022 fiscal plan 

initiatives and P3 Authority generation transformation transaction pending 

items.

PR

3 Gil, Gerard 9/9/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to prepare for status update call with 

the FOMB regarding FY 2022 fiscal plan implementation.

PR

3 Marino, 

Nicholas

9/9/21 0.4 495.00 $ 198.00 $ Participate on call with J. San Miguel (ACG) to review and discuss the PREPA 

mobility program tracker and pending deliverables from AAFAF, OMB and 

PREPA.

Not in PR

2 Keys, Jamie 9/9/21 1.3 330.00 $ 429.00 $ Prepare the monthly bank account balance reports as requested by AAFAF for 

review by P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 9/9/21 1.0 570.00 $ 570.00 $ Participate in meeting with F. Hernandez (FOMB), F. Ramirez (FOMB), Y. 

Hickey (FOMB), R. Zampierollo (PREPA), R. Rodriguez (PREPA) and G. Gil 

(ACG) to discuss updates related to FY 2022 fiscal plan implementation.

Not in PR

3 Gil, Gerard 9/9/21 0.4 500.00 $ 200.00 $ Participate on call with F. Padilla (PREPA) regarding FY 2022 budget 

performance and monitoring dashboard development for FY 2022 fiscal plan 

implementation and performance management.

PR

3 Porter, Lucas 9/9/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to prepare for status update call with the 

FOMB regarding FY 2022 fiscal plan implementation.

Not in PR

40 Sabbe, Angela 9/9/21 1.4 570.00 $ 798.00 $ Prepare data request and questions related to the PREPA preliminary model, 

excess hours data received, and additional information needed for analysis of 

excess vacation time.

Not in PR

3 Marino, 

Nicholas

9/9/21 0.6 495.00 $ 297.00 $ Revise summary of the Annual Financial Information and Operating Data 

Report to support FY 2022 fiscal plan objectives.

Not in PR

51 Crisalli, Paul 9/9/21 1.1 875.00 $ 962.50 $ Participate on call with J. Keys (ACG), J. San Miguel (ACG), N. Morales 

(PREPA) and S. Diaz (ARI) regarding emergency vendor open invoices and 

related potential FEMA proceeds.

Not in PR

2 Crisalli, Paul 9/9/21 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) regarding reconciliation of 

emergency vendor invoices between PREPA and COR3 records to inform cash 

flow reporting.

Not in PR

51 San Miguel, 

Jorge

9/9/21 0.6 620.00 $ 372.00 $ Review analysis provided by P. Crisalli (ACG) on outstanding emergency 

vendor payments in preparation for discussion with N. Morales (PREPA) and S. 

Diaz (ARI).

PR

3 San Miguel, 

Jorge

9/9/21 1.3 620.00 $ 806.00 $ Review and edit draft response letter and attachments for AAFAF and PREPA 

to the FOMB regarding the Section 104c RFI from the FOMB regarding the 

PREPA mobility program as requested by G. Loran (AAFAF).

PR

51 Crisalli, Paul 9/9/21 0.3 875.00 $ 262.50 $ Participate on call with M. DiConza (OMM) and J. San Miguel (ACG) 

regarding emergency vendor open invoices and related potential FEMA 

proceeds.

Not in PR

2 Crisalli, Paul 9/9/21 2.2 875.00 $ 1,925.00 $ Review emergency supplier invoice detail provided by S. Diaz (ARI) to inform 

cash flow reporting.

Not in PR

51 Crisalli, Paul 9/9/21 0.6 875.00 $ 525.00 $ Prepare follow-up analysis for S. Diaz (ARI) regarding PREPA validated 

invoices related emergency vendors.

Not in PR

51 San Miguel, 

Jorge

9/9/21 1.1 620.00 $ 682.00 $ Participate on call with J. Keys (ACG), P. Crisalli (ACG), N. Morales (PREPA) 

and S. Diaz (ARI) regarding emergency vendor open invoices and related 

potential FEMA proceeds.

PR

3 Keys, Jamie 9/9/21 0.5 330.00 $ 165.00 $ Participate on telephone call with N. Marino (ACG) regarding next steps to 

update the PREPA Annual Financial Information and Operating Data Report 

tracker to support FY 2022 fiscal plan objectives.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 13 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 205 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 San Miguel, 

Jorge

9/9/21 0.9 620.00 $ 558.00 $ Participate on call with G. Gil (ACG) to discuss FY 2022 fiscal plan initiatives 

and P3 Authority generation transformation transaction pending items.

PR

50 Keys, Jamie 9/9/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution. Not in PR

2 Crisalli, Paul 9/9/21 3.6 875.00 $ 3,150.00 $ Update analysis and prepare reconciliation of emergency supplier invoice detail 

provided by S. Diaz (ARI) to PREPA provided invoice detail to inform cash 

flow reporting.

Not in PR

3 Gil, Gerard 9/9/21 0.5 500.00 $ 250.00 $ Review latest FY 2022 fiscal plan implementation tracker to inform discussions 

with PREPA management.

PR

50 Keys, Jamie 9/9/21 2.3 330.00 $ 759.00 $ Prepare the monthly accounts receivable reports for review by P. Crisalli (ACG) 

prior to distribution.

Not in PR

50 Gil, Gerard 9/9/21 0.4 500.00 $ 200.00 $ Review and analyze responses from Luma regarding the FY 2022 budget to 

inform discussions with creditor groups.

PR

40 Sabbe, Angela 9/9/21 0.6 570.00 $ 342.00 $ Review data validation of PREPA's preliminary model quantifying excess 

vacation liability.

Not in PR

3 Keys, Jamie 9/9/21 1.6 330.00 $ 528.00 $ Review additional source information provided by L. Porter (ACG) for use in 

reviewing the PREPA Annual Financial Information and Operating Data Report 

to support FY 2022 fiscal plan objectives.

Not in PR

51 Keys, Jamie 9/9/21 1.1 330.00 $ 363.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG), N. Morales 

(PREPA) and S. Diaz (ARI) regarding emergency vendor open invoices and 

related potential FEMA proceeds.

Not in PR

3 Marino, 

Nicholas

9/9/21 1.1 495.00 $ 544.50 $ Update the status summary table for inclusion in the draft response to the 

Section 104c RFI from the FOMB regarding the PREPA mobility program per 

comments from J. San Miguel (ACG).

Not in PR

3 San Miguel, 

Jorge

9/9/21 0.4 620.00 $ 248.00 $ Participate on call with N. Marino (ACG) to review and discuss the PREPA 

mobility program tracker and pending deliverables from AAFAF, OMB and 

PREPA.

PR

3 Crisalli, Paul 9/9/21 0.6 875.00 $ 525.00 $ Prepare the post-certification fiscal plan cash flow and liquidity related reports 

for week ended 9/3/21.

Not in PR

3 Marino, 

Nicholas

9/9/21 0.3 495.00 $ 148.50 $ Participate on call with S. Valentin (Luma), G. Gomez (Luma), R. Zampierollo 

(PREPA) and L. Porter (ACG) to discuss overtime data needed for FY 2022 

fiscal plan reporting.

Not in PR

3 Gil, Gerard 9/9/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss follow-up requests received 

from F. Padilla (PREPA) regarding budget variance reporting for the FY 2022 

fiscal plan and budget.

PR

3 Gil, Gerard 9/9/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding generation 

budgeting matters requested by F. Padilla (PREPA) and environmental 

compliance issues.

PR

50 Porter, Lucas 9/9/21 0.4 570.00 $ 228.00 $ Prepare additional requests for clarification to K. Kostyk (Luma) related to nonlabor operating expenses to address questions from J. San Miguel (ACG) in 

advance of the 9/17/21 bi-weekly mediation call.

Not in PR

60 Dirlam, Josh 9/9/21 3.3 293.00 $ 966.90 $ Update the 2020 valuation report based on 2020 Haircut and Credit Value 

Adjustment model outputs.

Not in PR

3 Porter, Lucas 9/9/21 1.1 570.00 $ 627.00 $ Review P3 Authority generation transformation transaction RFP materials to 

inform status updates to F. Hernandez (FOMB) and other FOMB representatives 

for FY 2022 fiscal plan reporting.

Not in PR

3 San Miguel, 

Jorge

9/9/21 1.8 620.00 $ 1,116.00 $ Attend the Puerto Rico Senate public hearing regarding the generation fleet 

budget, maintenance and brownout developments to inform FY 2022 fiscal plan 

implementation.

PR

3 San Miguel, 

Jorge

9/9/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Marino (ACG) regarding edits to draft 

response letter from AAFAF to the FOMB related to the Section 104c RFI from 

the FOMB regarding the PREPA mobility program.

PR

3 Gil, Gerard 9/9/21 0.3 500.00 $ 150.00 $ Review correspondence related to the emergency vendors to inform financial 

impact and FY 2022 fiscal plan implementation.

PR

3 Gil, Gerard 9/9/21 0.3 500.00 $ 150.00 $ Review and analyze PREB resolution on FY 2022 budget amendment to inform 

FY 2022 fiscal plan implementation.

PR

2 San Miguel, 

Jorge

9/9/21 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) regarding reconciliation of 

emergency vendor invoices between PREPA and COR3 records to inform cash 

flow reporting.

PR

25 Parker, 

Christine

9/9/21 3.6 200.00 $ 720.00 $ Review time descriptions to the Ankura August 2021 monthly fee statement for 

information currently assembled.

Not in PR

3 San Miguel, 

Jorge

9/9/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) to discuss the response to the 

Section 104c RFI from the FOMB regarding the PREPA mobility program in 

coordination with AAFAF and OMB.

PR

3 Gil, Gerard 9/9/21 0.3 500.00 $ 150.00 $ Participate on call with R. Zampierollo (PREPA) to review FY 2022 fiscal plan 

initiatives and pending items in preparation for working session with the 

FOMB.

PR

51 San Miguel, 

Jorge

9/9/21 0.3 620.00 $ 186.00 $ Participate on call with M. DiConza (OMM) and P. Crisalli (ACG) regarding 

emergency vendor open invoices and related potential FEMA proceeds.

PR

Exhibit C

November 1, 2021 / #PR00051 14 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 206 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

9/9/21 0.5 495.00 $ 247.50 $ Participate on telephone call with J. Keys (ACG) regarding next steps to update 

the PREPA Annual Financial Information and Operating Data Report tracker to 

support FY 2022 fiscal plan objectives.

Not in PR

3 San Miguel, 

Jorge

9/9/21 0.8 620.00 $ 496.00 $ Prepare letter regarding financial and operational reporting deliverables 

requested by N. Morales (PREPA) for financial and operational reporting under 

fiscal plan.

PR

3 Marino, 

Nicholas

9/9/21 1.0 495.00 $ 495.00 $ Continue drafting the response to the Section 104c RFI from the FOMB 

regarding the PREPA mobility program as requested by J. San Miguel (ACG).

Not in PR

50 San Miguel, 

Jorge

9/9/21 0.3 620.00 $ 186.00 $ Review status of RFI from creditor stakeholders related to fiscal plan budget 

assumptions and related clarifications in advance of discussion with L. Porter 

(ACG).

PR

25 Parker, 

Christine

9/9/21 0.3 200.00 $ 60.00 $ Assemble time descriptions for the period 8/29/21 - 8/31/21 for inclusion in the 

Ankura August 2021 monthly fee statement.

Not in PR

3 Gil, Gerard 9/9/21 1.8 500.00 $ 900.00 $ Attend the Puerto Rico Senate public hearing regarding the generation fleet 

budget, maintenance and brownout developments to inform FY 2022 fiscal plan 

implementation.

PR

3 Porter, Lucas 9/9/21 0.3 570.00 $ 171.00 $ Review latest FY 2022 fiscal plan implementation tracker from N. Marino 

(ACG) to inform discussions with R. Zampierollo (PREPA) and the FOMB.

Not in PR

50 Smith, James 9/9/21 1.5 750.00 $ 1,125.00 $ Review and compile the August 2021 generation operations and outage reports 

received from G. Soto (Luma) in support of the creditor reporting workstream.

Not in PR

3 Porter, Lucas 9/9/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) to discuss follow-up requests received 

from F. Padilla (PREPA) regarding budget variance reporting for the FY 2022 

fiscal plan and budget.

Not in PR

3 Porter, Lucas 9/9/21 0.6 570.00 $ 342.00 $ Review overtime reports received from N. Marino (ACG) for inclusion in FY 

2022 fiscal plan reporting.

Not in PR

3 Marino, 

Nicholas

9/9/21 0.3 495.00 $ 148.50 $ Participate in discussion with J. San Miguel (ACG) regarding edits to draft 

response letter from AAFAF to the FOMB related to the Section 104c RFI from 

the FOMB regarding the PREPA mobility program.

Not in PR

51 San Miguel, 

Jorge

9/9/21 0.5 620.00 $ 310.00 $ Review the emergency vendor invoicing records provided by S. Diaz (ARI) in 

preparation for meeting with N. Morales (PREPA) regarding status of payments.

PR

3 Porter, Lucas 9/9/21 0.2 570.00 $ 114.00 $ Participate on call with R. Zampierollo (PREPA) to discuss meeting with the 

FOMB regarding FY 2022 fiscal plan implementation.

Not in PR

6 Porter, Lucas 9/10/21 0.8 570.00 $ 456.00 $ Participate in working session with L. Santa (PREPA), S. Torres (P3A), C. 

Kordula (CGSH), V. Del Rio (CGSH), K. Findley (Luma), M. Hurtado (Luma), 

B. Walshe (Luma), G. Gil (ACG) and other P3 Authority and Luma 

representatives to discuss revisions to the draft GridCo-GenCo Operating 

Agreement.

Not in PR

50 Crisalli, Paul 9/10/21 0.8 875.00 $ 700.00 $ Develop correspondence to D. Miller (Luma) and N. Morales (PREPA) 

regarding active and inactive accounts receivable aging reports and Government 

accounts receivable aging report for August 2021.

Not in PR

3 Gil, Gerard 9/10/21 0.1 500.00 $ 50.00 $ Participate on call with A. Figueroa (FOMB) regarding FY 2022 budget labor 

expenses.

PR

50 Keys, Jamie 9/10/21 2.7 330.00 $ 891.00 $ Prepare the monthly accounts receivable reports for review by P. Crisalli (ACG) 

prior to distribution.

Not in PR

3 San Miguel, 

Jorge

9/10/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG) and M. DiConza 

(OMM) regarding PREPA audited financial statements.

PR

3 San Miguel, 

Jorge

9/10/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) and L. Porter (ACG) to discuss 

information request received from N. Morales (PREPA) related to FY 2019 

audit matters.

PR

3 Marino, 

Nicholas

9/10/21 0.9 495.00 $ 445.50 $ Prepare the itemized request list in response to the Section 104c RFI from the 

FOMB regarding the PREPA mobility program for use in the response letter as 

requested by J. San Miguel (ACG).

Not in PR

3 San Miguel, 

Jorge

9/10/21 0.2 620.00 $ 124.00 $ Participate on call G. Loran (AAFAF) regarding the status of responses to the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

PR

3 Marino, 

Nicholas

9/10/21 0.2 495.00 $ 99.00 $ Update information tracker to the Section 104c RFI to reflect materials received 

from N. Morales (PREPA) and J. Adrover (PREPA).

Not in PR

6 Gil, Gerard 9/10/21 0.8 500.00 $ 400.00 $ Participate in working session with L. Santa (PREPA), S. Torres (P3A), C. 

Kordula (CGSH), V. Del Rio (CGSH), K. Findley (Luma), M. Hurtado (Luma), 

B. Walshe (Luma), L. Porter (ACG) and other P3 Authority and Luma 

representatives to discuss revisions to the draft GridCo-GenCo Operating 

Agreement.

PR

2 Crisalli, Paul 9/10/21 0.3 875.00 $ 262.50 $ Update employee disbursements-related budget-to-actual variance detail to 

inform cash flow reporting.

Not in PR

3 San Miguel, 

Jorge

9/10/21 0.6 620.00 $ 372.00 $ Participate in discussion with N. Marino (ACG) regarding updates to tracker on 

status of responses from AAFAF, OMB and PREPA ERS to the Section 104c 

RFI from the FOMB regarding the PREPA mobility program.

PR

Exhibit C

November 1, 2021 / #PR00051 15 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 207 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Crisalli, Paul 9/10/21 0.4 875.00 $ 350.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) to discuss 

information request received from N. Morales (PREPA) related to FY 2019 

audit matters.

Not in PR

51 Keys, Jamie 9/10/21 1.4 330.00 $ 462.00 $ Review the latest emergency vendor open invoices tracker circulated by P. 

Crisalli (ACG).

Not in PR

3 Keys, Jamie 9/10/21 2.7 330.00 $ 891.00 $ Review additional source information provided by L. Porter (ACG) for use in 

reviewing the PREPA Annual Financial Information and Operating Data Report 

to support FY 2022 fiscal plan objectives.

Not in PR

3 Porter, Lucas 9/10/21 0.2 570.00 $ 114.00 $ Participate on call with R. Zampierollo (PREPA) to discuss status update 

meetings with PREPA personnel for FY 2022 fiscal plan reporting for 

September.

Not in PR

3 Porter, Lucas 9/10/21 0.5 570.00 $ 285.00 $ Review RFI response materials provided by N. Marino (ACG) related to the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

3 San Miguel, 

Jorge

9/10/21 0.8 620.00 $ 496.00 $ Participate on call with G. Loran (AAFAF) and V. Gonzalez (AAFAF) to 

discuss additional responses from AAFAF to the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

PR

50 Smith, James 9/10/21 1.6 750.00 $ 1,200.00 $ Prepare the weekly fleet status report for N. Rivera (PREPA) and the Ankura 

team in support of the creditor reporting workstream.

Not in PR

3 Gil, Gerard 9/10/21 0.3 500.00 $ 150.00 $ Participate in discussion with F. Padilla (PREPA) regarding request for 

information from the Puerto Rico Legislature related to the FY 2022 budget.

PR

3 San Miguel, 

Jorge

9/10/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) regarding the PREPA mobility 

program data collection update, budget-to-actual preparation and FY 2019 audit 

process.

PR

3 Gil, Gerard 9/10/21 0.1 500.00 $ 50.00 $ Correspond with E. Paredes (PREPA) regarding FY 2022 budget labor 

expenses.

PR

2 Keys, Jamie 9/10/21 0.2 330.00 $ 66.00 $ Correspond with R. Lopez (CM) regarding the monthly bank account balance 

reports requested by AAFAF.

Not in PR

3 Marino, 

Nicholas

9/10/21 0.3 495.00 $ 148.50 $ Revise the Section 104c RFI status summary table for inclusion in the draft 

response to the FOMB letter dated 8/24/21 as requested by J. San Miguel 

(ACG).

Not in PR

40 San Miguel, 

Jorge

9/10/21 0.5 620.00 $ 310.00 $ Review update on statistical analysis and validation support provided by A. 

Sabbe (ACG) to respond to inquiry from J. Adrover (PREPA) related to the FY 

2019 financial statement audit process.

PR

6 San Miguel, 

Jorge

9/10/21 0.6 620.00 $ 372.00 $ Review next steps and takeaways provided by L. Porter (ACG) related to the 

working session with PREPA, P3 Authority and advisors on revisions to the 

draft GridCo-GenCo Operating Agreement.

PR

40 Sabbe, Angela 9/10/21 0.7 570.00 $ 399.00 $ Evaluate vacation balance documents to test reliability of documentation. Not in PR

3 Porter, Lucas 9/10/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG) and J. San Miguel (ACG) to discuss 

information request received from N. Morales (PREPA) related to FY 2019 

audit matters.

Not in PR

6 Gil, Gerard 9/10/21 0.9 500.00 $ 450.00 $ Review comments received from Luma and P3 Authority regarding the draft 

GridCo-GenCo Operating Agreement.

PR

3 Porter, Lucas 9/10/21 1.3 570.00 $ 741.00 $ Analyze budget variance data provided by A. Cabrera (FW) to inform submittals 

to the FOMB required for FY 2022 fiscal plan reporting.

Not in PR

3 Porter, Lucas 9/10/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss status update meetings with 

PREPA personnel to inform FY 2022 fiscal plan reporting for September.

Not in PR

50 Crisalli, Paul 9/10/21 2.0 875.00 $ 1,750.00 $ Update the accounts receivable trend analyses and related presentation materials 

to inform the August 2021 active and inactive aging reports and Government 

aging report.

Not in PR

3 Keys, Jamie 9/10/21 0.7 330.00 $ 231.00 $ Review the latest tracker for the PREPA Annual Financial Information and 

Operating Data Report circulated by N. Marino (ACG) to support FY 2022 

fiscal plan objectives.

Not in PR

6 Porter, Lucas 9/10/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to prepare for meeting with P3 Authority 

and Luma regarding revisions to the draft GridCo-GenCo Operating Agreement.

Not in PR

25 Parker, 

Christine

9/10/21 1.2 200.00 $ 240.00 $ Update Exhibits A, B and C of the Ankura August 2021 monthly fee statement 

for information currently available.

Not in PR

6 Gil, Gerard 9/10/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to prepare for meeting with P3 

Authority and Luma regarding revisions to the draft GridCo-GenCo Operating 

Agreement.

PR

3 San Miguel, 

Jorge

9/10/21 2.3 620.00 $ 1,426.00 $ Review additional responses received from AAFAF, OMB and Luma to prepare 

responses to the Section 104c RFI from the FOMB regarding the PREPA 

mobility program.

PR

3 Porter, Lucas 9/10/21 0.4 570.00 $ 228.00 $ Review variance explanations provided by A. Cabrera (FW) to inform 

submittals to the FOMB required for FY 2022 fiscal plan reporting.

Not in PR

3 Marino, 

Nicholas

9/10/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss status update meetings with 

PREPA personnel to inform FY 2022 fiscal plan reporting for September.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 16 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 208 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

9/10/21 0.7 495.00 $ 346.50 $ Review Generation directorate FY 2022 budget-to-actual materials in advance 

of discussion with L. Porter (ACG).

Not in PR

3 Porter, Lucas 9/10/21 0.5 570.00 $ 285.00 $ Prepare budget variance analysis materials for N. Marino (ACG) to support 

requests received from F. Padilla (PREPA) related to the FY 2022 budget.

Not in PR

3 Marino, 

Nicholas

9/10/21 0.6 495.00 $ 297.00 $ Participate in discussion with J. San Miguel (ACG) regarding updates to tracker 

on status of responses from AAFAF, OMB and PREPA ERS to the Section 104c 

RFI from the FOMB regarding the PREPA mobility program.

Not in PR

2 Crisalli, Paul 9/10/21 0.4 875.00 $ 350.00 $ Review the August 2021 monthly bank balance reports requested by AAFAF 

and provide comments to J. Keys (ACG).

Not in PR

40 Sabbe, Angela 9/10/21 1.0 570.00 $ 570.00 $ Review legal documents and data received to develop methodology for analysis 

of excess vacation time.

Not in PR

3 Porter, Lucas 9/10/21 0.4 570.00 $ 228.00 $ Participate on call with J. San Miguel (ACG), P. Crisalli (ACG) and M. 

DiConza (OMM) regarding PREPA audited financial statements.

Not in PR

3 Crisalli, Paul 9/10/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG), L. Porter (ACG) and M. DiConza 

(OMM) regarding PREPA audited financial statements.

Not in PR

40 San Miguel, 

Jorge

9/10/21 0.3 620.00 $ 186.00 $ Participate in discussion with A. Sabbe (ACG) regarding updates on validation 

work in support of the FY 2019 financial statement audit process in preparation 

for discussion with J. Adrover (PREPA) and N. Morales (PREPA).

PR

3 Porter, Lucas 9/10/21 0.9 570.00 $ 513.00 $ Review budget data provided by G. Gil (ACG) related to the PREPA generation 

budget for FY 2022.

Not in PR

3 Marino, 

Nicholas

9/10/21 1.6 495.00 $ 792.00 $ Participate on call with J. San Miguel (ACG) and AAFAF, OMB and PREPA 

representatives to review and update tracker for responses due to the FOMB 

based on the Section 104c RFI from the FOMB regarding the PREPA mobility 

program.

Not in PR

40 San Miguel, 

Jorge

9/10/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Adrover (PREPA) regarding status update to 

statistical analysis and validation work to support the FY 2019 financial 

statement audit process.

PR

3 Porter, Lucas 9/10/21 1.3 570.00 $ 741.00 $ Analyze the final PREPA fiscal plan financial model provided by Y. Hickey 

(FOMB) to inform responses to F. Padilla (PREPA) regarding budget 

assumptions.

Not in PR

3 Marino, 

Nicholas

9/10/21 0.2 495.00 $ 99.00 $ Revise information tracker to the Section 104c RFI following call with J. San 

Miguel (ACG), G. Loran (AAFAF) and V. Gonzalez (AAFAF).

Not in PR

50 Crisalli, Paul 9/10/21 1.5 875.00 $ 1,312.50 $ Review the active and inactive accounts receivable aging reports and 

Government accounts receivable aging report for August 2021 and provide 

comments to J. Keys (ACG).

Not in PR

3 Keys, Jamie 9/10/21 0.2 330.00 $ 66.00 $ Correspond with L. Porter (ACG) regarding the latest J28 report for use in 

updating the fuel and purchased power analysis related to FY 2022 fiscal plan 

reporting.

Not in PR

6 Gil, Gerard 9/10/21 0.7 500.00 $ 350.00 $ Participate in working session with F. Padilla (PREPA) regarding the shared 

services agreement executed with T&D Operator.

PR

2 Keys, Jamie 9/10/21 0.2 330.00 $ 66.00 $ Revise the monthly bank account balance reports requested by AAGAG for 

comments provided by P. Crisalli (ACG) prior to distribution to R. Lopez (CM).

Not in PR

3 Marino, 

Nicholas

9/10/21 0.5 495.00 $ 247.50 $ Revise information tracker of the Section 104c RFI following working session 

with J. San Miguel (ACG), N. Morales (PREPA), J. Adrover (PREPA), G. 

Loran (AAFAF), V. Gonzalez (AAFAF) and J. Medina (OGP).

Not in PR

2 Crisalli, Paul 9/10/21 0.7 875.00 $ 612.50 $ Update the monthly cash flow forecast for August 2021 actuals. Not in PR

3 Marino, 

Nicholas

9/10/21 0.3 495.00 $ 148.50 $ Update information tracker to the Section 104c RFI to incorporate materials 

received from J. San Miguel (ACG).

Not in PR

2 Crisalli, Paul 9/10/21 0.8 875.00 $ 700.00 $ Develop templates for the cash flow and liquidity reports for the week ended 

9/10/21.

Not in PR

3 Marino, 

Nicholas

9/10/21 0.9 495.00 $ 445.50 $ Review the latest summary of the Annual Financial Information and Operating 

Data Report to support FY 2022 fiscal plan objectives prior to review by L. 

Porter (ACG).

Not in PR

25 Parker, 

Christine

9/10/21 2.3 200.00 $ 460.00 $ Review time descriptions to the Ankura August 2021 monthly fee statement for 

information currently assembled.

Not in PR

2 Crisalli, Paul 9/10/21 0.2 875.00 $ 175.00 $ Revise the fleet and storage support schedules for recent payment history to 

inform the PREPA cash flow forecast.

Not in PR

3 Marino, 

Nicholas

9/10/21 0.3 495.00 $ 148.50 $ Update information tracker to the Section 104c RFI per materials received from 

D. Miller (Luma) and G. Loran (AAFAF).

Not in PR

40 Sabbe, Angela 9/10/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) regarding updates on 

validation work in support of the FY 2019 financial statement audit process in 

preparation for discussion with J. Adrover (PREPA) and N. Morales (PREPA).

Not in PR

3 San Miguel, 

Jorge

9/10/21 1.6 620.00 $ 992.00 $ Participate on call with N. Marino (ACG) and AAFAF, OMB and PREPA 

representatives to review and update tracker for responses due to the FOMB 

based on the Section 104c RFI from the FOMB regarding the PREPA mobility 

program.

PR

Exhibit C

November 1, 2021 / #PR00051 17 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 209 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Gil, Gerard 9/11/21 0.2 500.00 $ 100.00 $ Participate on call with F. Padilla (PREPA) to discuss preparation of 

memorandum for the Puerto Rico Legislature on the shared services agreement.

PR

3 Porter, Lucas 9/11/21 0.4 570.00 $ 228.00 $ Review updated requests received from J. San Miguel (ACG) and N. Marino 

(ACG) related to the Section 104c RFI from the FOMB regarding the PREPA 

mobility program.

Not in PR

3 Marino, 

Nicholas

9/11/21 2.1 495.00 $ 1,039.50 $ Revise information tracker to the Section 104c RFI to incorporate materials 

received from G. Loran (AAFAF), V. Gonzalez (AAFAF) and J. San Miguel 

(ACG).

Not in PR

3 Marino, 

Nicholas

9/11/21 0.9 495.00 $ 445.50 $ Review and aggregate all materials received from PREPA, AAFAF and Luma 

related to the Section 104c RFI from the FOMB regarding the PREPA mobility 

program.

Not in PR

3 Marino, 

Nicholas

9/11/21 1.6 495.00 $ 792.00 $ Revise the response to the Section 104c RFI letter dated 8/24/21 to incorporate 

updated materials received from PREPA, AAFAF and Luma.

Not in PR

6 Gil, Gerard 9/11/21 3.1 500.00 $ 1,550.00 $ Prepare memorandum requested by F. Padilla (PREPA) regarding the shared 

services between PREPA and the T&D O&M Operator for submission to the 

Puerto Rico Legislature.

PR

3 San Miguel, 

Jorge

9/11/21 1.1 620.00 $ 682.00 $ Revise responsive materials and comments from J. Medina (OGP) and N. 

Marino (ACG) in support of updated response to the FOMB's RFI on the 

PREPA mobility program.

PR

3 Porter, Lucas 9/12/21 1.0 570.00 $ 570.00 $ Review the PREPA audited financial statements to inform revisions to the 

PREPA financial and operational information materials for the FY 2016 - FY 

2018 Disclosure Statement update.

Not in PR

3 Porter, Lucas 9/12/21 0.7 570.00 $ 399.00 $ Prepare status update on PREPA financial and operational materials for J. San 

Miguel (ACG) related to the FY 2016 - FY 2018 Disclosure Statement update.

Not in PR

3 Marino, 

Nicholas

9/12/21 0.9 495.00 $ 445.50 $ Review and revise the information tracker to the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

Not in PR

3 Marino, 

Nicholas

9/12/21 2.3 495.00 $ 1,138.50 $ Continue revising the draft response to the Section 104c RFI letter dated 

8/24/21 per updated materials received from PREPA, AAFAF and Luma.

Not in PR

3 Porter, Lucas 9/12/21 2.1 570.00 $ 1,197.00 $ Revise the PREPA financial and operational information materials to include 

statistical information prepared by J. Estrada (Luma) for the FY 2016 - FY 2018 

Disclosure Statement update.

Not in PR

2 Keys, Jamie 9/13/21 1.3 330.00 $ 429.00 $ Prepare the weekly cash flow outputs for the week ended 9/10/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Smith, James 9/13/21 0.6 750.00 $ 450.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Crisalli, Paul 9/13/21 0.6 875.00 $ 525.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Keys, Jamie 9/13/21 0.2 330.00 $ 66.00 $ Participate on call with N. Marino (ACG) regarding the Annual Financial 

Information and Operating Data Report to support FY 2022 fiscal plan 

objectives per L. Porter (ACG) requests.

Not in PR

2 Keys, Jamie 9/13/21 0.3 330.00 $ 99.00 $ Prepare summary email of suggested changes for the cash flow outputs for 

review by P. Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

9/13/21 0.8 620.00 $ 496.00 $ Participate in meeting with N. Marino (ACG), L. Porter (ACG), N. Morales 

(PREPA), G. Loran (AAFAF), V. Gonzalez (AAFAF) and J. Medina (OGP) to 

review and update RFI response tracker to support filing due to the FOMB.

PR

51 Crisalli, Paul 9/13/21 0.5 875.00 $ 437.50 $ Participate on call with M. DiConza (OMM), J. San Miguel (ACG), J. Keys 

(ACG) and representatives of AAFAF regarding emergency vendor open 

invoices and related potential FEMA proceeds.

Not in PR

3 Gil, Gerard 9/13/21 0.5 500.00 $ 250.00 $ Participate on call with R. Zampierollo (PREPA), L. Porter (ACG) and N. 

Marino (ACG) to discuss updates to FY 2022 fiscal plan initiatives 

implementation reporting.

PR

50 Porter, Lucas 9/13/21 0.8 570.00 $ 456.00 $ Prepare draft presentation materials to inform response to inquiries from creditor 

representatives, provided by J. San Miguel (ACG), related to the FY 2022 

budget.

Not in PR

50 San Miguel, 

Jorge

9/13/21 0.5 620.00 $ 310.00 $ Review PREB docket filings provided by PREPA counsel to inform the 9/17/21 

bi-weekly mediation call.

PR

50 Smith, James 9/13/21 0.9 750.00 $ 675.00 $ Review notes from PREB hearing on generation shortfalls and incorporate into 

draft outline for the 9/17/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 9/13/21 0.6 570.00 $ 342.00 $ Review the Luma RFI provided by N. Morales (PREPA) related to the FY 2022 

budget for PREB submittal.

Not in PR

3 Porter, Lucas 9/13/21 0.6 570.00 $ 342.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Porter, Lucas 9/13/21 1.5 570.00 $ 855.00 $ Participate on call with J. Medina (OGP), N. Marino (ACG) and J. San Miguel 

(ACG) to review and update tracker and draft response to the Section 104c RFI 

from the FOMB regarding the PREPA mobility program.

Not in PR

2 Keys, Jamie 9/13/21 0.4 330.00 $ 132.00 $ Review the cash flow source documents provided by J. Roque (Luma) to inform 

the weekly cash flow reporting.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 18 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 210 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 9/13/21 0.5 875.00 $ 437.50 $ Develop correspondence to Luma and PREPA regarding weekly budget versus 

actual cash flow variances.

Not in PR

3 Marino, 

Nicholas

9/13/21 0.5 495.00 $ 247.50 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and L. Porter 

(ACG) to discuss updates to FY 2022 fiscal plan initiatives implementation 

reporting.

Not in PR

3 Porter, Lucas 9/13/21 0.5 570.00 $ 285.00 $ Participate in working session with R. Arrieta (SM), L. Bauer (NR), J. San 

Miguel (ACG), J. Keys (ACG), P. Crisalli (ACG) and N. Marino (ACG) to 

discuss the status of the aggregation, review and summary of PREPA's financial 

and operational information supporting its FY 2016 - FY 2018 Disclosure 

Statement.

Not in PR

3 Gil, Gerard 9/13/21 0.6 500.00 $ 300.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

2 Crisalli, Paul 9/13/21 0.2 875.00 $ 175.00 $ Participate on calls with J. Keys (ACG) regarding status update for the weekly 

cash flow forecast.

Not in PR

3 Keys, Jamie 9/13/21 2.4 330.00 $ 792.00 $ Prepare the monthly accounts receivable reports due on 9/27/21 for review by P. 

Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

9/13/21 0.4 620.00 $ 248.00 $ Review status update on financial and operational reports for FY 2019 financial 

statement audit provided by L. Porter (ACG) in preparation for meeting with 

client.

PR

40 Sabbe, Angela 9/13/21 0.7 570.00 $ 399.00 $ Perform preliminary modeling of excess vacation time. Not in PR

6 Porter, Lucas 9/13/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) regarding PREB resolution 

to Luma on FY 2022 budgeting matters and response to inquiries received from 

N. Morales (PREPA) and F. Padilla (PREPA).

Not in PR

3 Gil, Gerard 9/13/21 0.5 500.00 $ 250.00 $ Prepare for upcoming conference call with F. Padilla (PREPA) and the PREPA 

advisory team to discuss FY 2022 fiscal plan implementation matters.

PR

3 Marino, 

Nicholas

9/13/21 0.3 495.00 $ 148.50 $ Revise the Section 104c RFI information tracker following working session with 

J. San Miguel (ACG), L. Porter (ACG), N. Morales (PREPA), G. Loran 

(AAFAF), V. Gonzalez (AAFAF) and J. Medina (OGP).

Not in PR

25 Parker, 

Christine

9/13/21 1.4 200.00 $ 280.00 $ Review current draft of Exhibits A, B and C of the Ankura August 2021 

monthly fee statement prior to distribution to J. Keys (ACG).

Not in PR

2 Crisalli, Paul 9/13/21 0.8 875.00 $ 700.00 $ Update the draft work plan and RFI tracker for the October 2021 cash flow 

budget.

Not in PR

3 Porter, Lucas 9/13/21 0.3 570.00 $ 171.00 $ Prepare follow-up information to L. Bauer (NR), J. San Miguel (ACG), J. Keys 

(ACG), P. Crisalli (ACG) and N. Marino (ACG) regarding the status of the 

aggregation, review and summary of PREPA's financial and operational 

information supporting its FY 2016 - FY 2018 Disclosure Statement.

Not in PR

6 San Miguel, 

Jorge

9/13/21 0.3 620.00 $ 186.00 $ Participate in discussion with L. Porter (ACG) regarding PREB resolution to 

Luma on FY 2022 budgeting matters and response to inquiries received from N. 

Morales (PREPA) and F. Padilla (PREPA).

PR

3 Porter, Lucas 9/13/21 0.8 570.00 $ 456.00 $ Participate in meeting with J. San Miguel (ACG), N. Marino (ACG), N. Morales 

(PREPA), G. Loran (AAFAF), V. Gonzalez (AAFAF) and J. Medina (OGP) to 

review and update RFI response tracker to support filing due to the FOMB.

Not in PR

3 Marino, 

Nicholas

9/13/21 0.9 495.00 $ 445.50 $ Update the Annual Financial Information and Operating Data Report to support 

FY 2022 fiscal plan objectives for data source distinction per L. Porter (ACG) 

request.

Not in PR

25 Parker, 

Christine

9/13/21 1.9 200.00 $ 380.00 $ Review time descriptions to the Ankura August 2021 monthly fee statement for 

information currently assembled.

Not in PR

3 San Miguel, 

Jorge

9/13/21 1.5 620.00 $ 930.00 $ Participate on call with J. Medina (OGP), N. Marino (ACG) and L. Porter 

(ACG) to review and update tracker and draft response to the Section 104c RFI 

from the FOMB regarding the PREPA mobility program.

PR

3 Gil, Gerard 9/13/21 0.3 500.00 $ 150.00 $ Participate on call with F. Padilla (PREPA) to discuss the FY 2022 fiscal plan 

fuel procurement initiative.

PR

51 Keys, Jamie 9/13/21 0.5 330.00 $ 165.00 $ Participate on call with M. DiConza (OMM), J. San Miguel (ACG), P. Crisalli 

(ACG) and representatives of AAFAF regarding emergency vendor open 

invoices and related potential FEMA proceeds.

Not in PR

3 San Miguel, 

Jorge

9/13/21 0.5 620.00 $ 310.00 $ Participate in working session with R. Arrieta (SM), L. Bauer (NR), P. Crisalli 

(ACG), J. Keys (ACG), L. Porter (ACG) and N. Marino (ACG) to discuss the 

status of the aggregation, review and summary of PREPA's financial and 

operational information supporting its FY 2016 - FY 2018 Disclosure 

Statement.

PR

51 Keys, Jamie 9/13/21 0.5 330.00 $ 165.00 $ Review emergency vendor PW obligations as compared to the invoice analysis 

provided by S. Diaz (ARI).

Not in PR

51 Keys, Jamie 9/13/21 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding next steps to submit 

various emergency vendor RFRs.

Not in PR

3 Marino, 

Nicholas

9/13/21 1.4 495.00 $ 693.00 $ Participate in working session with G. Loran (AAFAF), N. Morales (PREPA), J. 

Medina (OGP), J. San Miguel (ACG) and L. Porter (ACG) to discuss draft 

responding information to the Section 104c RFI from the FOMB regarding the 

PREPA mobility program.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 19 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 211 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

9/13/21 0.6 495.00 $ 297.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Marino, 

Nicholas

9/13/21 0.5 495.00 $ 247.50 $ Participate in working session with R. Arrieta (SM), L. Bauer (NR), J. San 

Miguel (ACG), J. Keys (ACG), L. Porter (ACG) and P. Crisalli (ACG) to 

discuss the status of the aggregation, review and summary of PREPA's financial 

and operational information supporting its FY 2016 - FY 2018 Disclosure 

Statement.

Not in PR

40 Carr, Scott 9/13/21 3.2 615.00 $ 1,968.00 $ Write computer code to restructure and analyze PREPA excess vacation data for 

estimation of PREPA's liability for unpaid excess vacation time.

Not in PR

2 Crisalli, Paul 9/13/21 1.1 875.00 $ 962.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

51 San Miguel, 

Jorge

9/13/21 0.5 620.00 $ 310.00 $ Participate on call with M. DiConza (OMM), P. Crisalli (ACG), J. Keys (ACG) 

and representatives of AAFAF regarding emergency vendor open invoices and 

related potential FEMA proceeds.

PR

3 Marino, 

Nicholas

9/13/21 0.2 495.00 $ 99.00 $ Participate on call with J. Keys (ACG) regarding the Annual Financial 

Information and Operating Data Report to support FY 2022 fiscal plan 

objectives per L. Porter (ACG) requests.

Not in PR

2 Crisalli, Paul 9/13/21 0.6 875.00 $ 525.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

2 Keys, Jamie 9/13/21 0.2 330.00 $ 66.00 $ Correspond with J. Roque (Luma) and Y. Lugo (PREPA) regarding payments to 

MOU vendors for inclusion in the cash flow.

Not in PR

3 Marino, 

Nicholas

9/13/21 1.5 495.00 $ 742.50 $ Participate on call with J. Medina (OGP), J. San Miguel (ACG) and L. Porter 

(ACG) to review and update tracker and draft response to the Section 104c RFI 

from the FOMB regarding the PREPA mobility program.

Not in PR

2 Keys, Jamie 9/13/21 0.2 330.00 $ 66.00 $ Participate on calls with P. Crisalli (ACG) regarding status update for the 

weekly cash flow forecast.

Not in PR

3 San Miguel, 

Jorge

9/13/21 0.3 620.00 $ 186.00 $ Participate on call with G. Loran (AAFAF) regarding the Section 104c RFI from 

the FOMB regarding the PREPA mobility program.

PR

50 Smith, James 9/13/21 1.0 750.00 $ 750.00 $ Create initial draft notes for the 9/17/21 bi-weekly mediation call based on notes 

from prior call and current information about the T&D transaction transition, 

PREB proceedings and operations.

Not in PR

3 Porter, Lucas 9/13/21 0.5 570.00 $ 285.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and N. Marino 

(ACG) to discuss updates to FY 2022 fiscal plan initiatives implementation 

reporting.

Not in PR

3 Crisalli, Paul 9/13/21 0.5 875.00 $ 437.50 $ Participate in working session with R. Arrieta (SM), L. Bauer (NR), J. San 

Miguel (ACG), J. Keys (ACG), L. Porter (ACG) and N. Marino (ACG) to 

discuss the status of the aggregation, review and summary of PREPA's financial 

and operational information supporting its FY 2016 - FY 2018 Disclosure 

Statement.

Not in PR

3 Porter, Lucas 9/13/21 1.1 570.00 $ 627.00 $ Continue to revise PREPA financial and operational information based on 

financial statements provided by N. Morales (PREPA) for the FY 2016 - FY 

2018 Disclosure Statement update.

Not in PR

51 Crisalli, Paul 9/13/21 0.3 875.00 $ 262.50 $ Prepare for call with O'Melveny & Myers and AAFAF regarding emergency 

vendor open invoices and related potential FEMA proceeds.

Not in PR

3 Porter, Lucas 9/13/21 0.4 570.00 $ 228.00 $ Review safety-related data provided by S. Rosado (PREPA) to inform 

September FY 2022 fiscal plan reporting to the FOMB.

Not in PR

3 Marino, 

Nicholas

9/13/21 0.3 495.00 $ 148.50 $ Review Employee Injury Rate reporting data received from S. Rosado (PREPA) 

regarding FY 2022 fiscal plan initiatives September 2021 reporting submission.

Not in PR

3 Porter, Lucas 9/13/21 1.4 570.00 $ 798.00 $ Participate in working session with G. Loran (AAFAF), N. Morales (PREPA), J. 

Medina (OGP), J. San Miguel (ACG) and N. Marino (ACG) to discuss draft 

responding information to the Section 104c RFI from the FOMB regarding the 

PREPA mobility program.

Not in PR

3 Porter, Lucas 9/13/21 0.8 570.00 $ 456.00 $ Participate on call with S. Rosado (PREPA), C. Rodriguez (PREPA), R. 

Zampierollo (PREPA) and N. Marino (ACG) to discuss safety program to 

inform September FY 2022 fiscal plan reporting to the FOMB.

Not in PR

3 Marino, 

Nicholas

9/13/21 0.4 495.00 $ 198.00 $ Revise draft response to the Section 104c RFI 8/24/21 letter per working session 

with J. Medina (OGP) and J. San Miguel (ACG) and L. Porter (ACG).

Not in PR

25 Parker, 

Christine

9/13/21 1.2 200.00 $ 240.00 $ Assemble additional time descriptions for the period 8/22/21 - 8/31/21 for 

inclusion in the Ankura August 2021 monthly fee statement.

Not in PR

3 San Miguel, 

Jorge

9/13/21 1.4 620.00 $ 868.00 $ Participate in working session with G. Loran (AAFAF), N. Morales (PREPA), J. 

Medina (OGP), L. Porter (ACG) and N. Marino (ACG) to discuss draft 

responding information to the Section 104c RFI from the FOMB regarding the 

PREPA mobility program.

PR

50 Porter, Lucas 9/13/21 0.5 570.00 $ 285.00 $ Prepare correspondence in response to inquiries received from creditor 

representatives provided by J. San Miguel (ACG) related to the FY 2022 budget.

Not in PR

40 Sabbe, Angela 9/13/21 1.5 570.00 $ 855.00 $ Evaluate and validate data received for analysis of excess vacation time. Not in PR

Exhibit C

November 1, 2021 / #PR00051 20 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 212 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Keys, Jamie 9/13/21 0.5 330.00 $ 165.00 $ Participate in working session with R. Arrieta (SM), L. Bauer (NR), J. San 

Miguel (ACG), P. Crisalli (ACG), L. Porter (ACG) and N. Marino (ACG) to 

discuss the status of the aggregation, review and summary of PREPA's financial 

and operational information supporting its FY 2016 - FY 2018 Disclosure 

Statement.

Not in PR

3 Porter, Lucas 9/13/21 0.4 570.00 $ 228.00 $ Revise draft response letter from N. Marino (ACG) related to the Section 104c 

RFI from the FOMB regarding the PREPA mobility program.

Not in PR

51 San Miguel, 

Jorge

9/13/21 0.3 620.00 $ 186.00 $ Participate in meeting with N. Morales (PREPA) regarding updates to 

emergency vendor timing of payments.

PR

3 Marino, 

Nicholas

9/13/21 0.8 495.00 $ 396.00 $ Participate on call with S. Rosado (PREPA), C. Rodriguez (PREPA), R. 

Zampierollo (PREPA) and L. Porter (ACG) to discuss safety program to inform 

September FY 2022 fiscal plan reporting to the FOMB.

Not in PR

3 Marino, 

Nicholas

9/13/21 1.6 495.00 $ 792.00 $ Review materials provided by PREPA, OMB and AAFAF in response to 

requested materials in the Section 104c RFI from the FOMB regarding the 

PREPA mobility program.

Not in PR

3 Marino, 

Nicholas

9/13/21 0.8 495.00 $ 396.00 $ Participate in meeting with J. San Miguel (ACG), L. Porter (ACG), N. Morales 

(PREPA), G. Loran (AAFAF), V. Gonzalez (AAFAF) and J. Medina (OGP) to 

review and update RFI response tracker to support filing due to the FOMB.

Not in PR

3 Crisalli, Paul 9/14/21 0.8 875.00 $ 700.00 $ Develop correspondence to D. Miller (Luma) and N. Morales (PREPA) 

regarding the August 2021 accounts receivable reports for FY 2022 fiscal plan 

reporting purposes.

Not in PR

3 Gil, Gerard 9/14/21 0.8 500.00 $ 400.00 $ Review latest Title III related motions and events to inform FY 2022 fiscal plan 

implementation.

PR

3 Marino, 

Nicholas

9/14/21 0.8 495.00 $ 396.00 $ Prepare draft response to Appendix B - PREPA ERS Loan Participant Data 

materials per J. San Miguel (ACG) request related to the Section 104c RFI from 

the FOMB regarding the PREPA mobility program.

Not in PR

3 Marino, 

Nicholas

9/14/21 1.6 495.00 $ 792.00 $ Continue reviewing materials provided by PREPA, OMB and AAFAF related to 

the requested materials in the Section 104c RFI from the FOMB regarding the 

PREPA mobility program.

Not in PR

3 Porter, Lucas 9/14/21 0.3 570.00 $ 171.00 $ Participate on call with R. Zampierollo (PREPA) to discuss September reporting 

to the FOMB as required by the FY 2022 fiscal plan.

Not in PR

3 Gil, Gerard 9/14/21 0.9 500.00 $ 450.00 $ Participate on weekly call with F. Padilla (PREPA) and the PREPA advisory 

team to discuss FY 2022 fiscal plan implementation matters.

PR

3 Keys, Jamie 9/14/21 0.2 330.00 $ 66.00 $ Participate on call with N. Marino (ACG) regarding review of the PREPA 

GASB 67 and 68 FY 2015 to FY 2018 reports related to summary of the Annual 

Financial Information and Operating Data Report to support FY 2022 fiscal plan 

objectives.

Not in PR

3 Porter, Lucas 9/14/21 0.6 570.00 $ 342.00 $ Review budget variance analysis materials from A. Cabrera (FW) related to FY 

2021 accounting review requested by N. Morales (PREPA).

Not in PR

50 San Miguel, 

Jorge

9/14/21 0.5 620.00 $ 310.00 $ Prepare list of operational and transformation items to review for the bi-weekly 

mediation call.

PR

3 Marino, 

Nicholas

9/14/21 1.2 495.00 $ 594.00 $ Review revised language incorporating J. San Miguel (ACG) edits in response 

to the Section 104c RFI from the FOMB regarding the PREPA mobility 

program.

Not in PR

50 Keys, Jamie 9/14/21 0.6 330.00 $ 198.00 $ Review the weekly project worksheet status report provided by S. Diaz (ARI) 

for use in the weekly FEMA flash report.

Not in PR

3 Marino, 

Nicholas

9/14/21 0.3 495.00 $ 148.50 $ Participate on call with L. Porter (ACG) to revise draft responses to the Section 

104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

25 Parker, 

Christine

9/14/21 1.0 200.00 $ 200.00 $ Update Exhibits A, B and C of the Ankura September 2021 monthly fee 

statement for information currently available.

Not in PR

50 Keys, Jamie 9/14/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding changes to the FEMA flash report. Not in PR

25 Parker, 

Christine

9/14/21 0.8 200.00 $ 160.00 $ Assemble time descriptions for the period 9/1/21 - 9/4/21 for inclusion in the 

Ankura September 2021 monthly fee statement.

Not in PR

40 Carr, Scott 9/14/21 0.5 615.00 $ 307.50 $ Participate on call with A. Sabbe (ACG) and J. San Miguel (ACG) to review 

status of validation process and pending information from PREPA related 

thereto in support of the FY 2018 financial statement audit process.

Not in PR

3 Gil, Gerard 9/14/21 0.4 500.00 $ 200.00 $ Review AAFAF enabling act to respond to RFI from Luma in FY 2023 fiscal 

plan development process.

PR

3 San Miguel, 

Jorge

9/14/21 1.5 620.00 $ 930.00 $ Review and provide comments to the updated draft response provided by N. 

Marino (ACG) with information received to date from AAFAF, PREPA and 

OMB to address the Section 104c RFI from the FOMB regarding the PREPA 

mobility program.

PR

50 San Miguel, 

Jorge

9/14/21 0.3 620.00 $ 186.00 $ Review follow-up RFI received from creditors in preparation for the 9/17/21 biweekly mediation call.PR

40 Sabbe, Angela 9/14/21 0.8 570.00 $ 456.00 $ Compare data sources against each other to test validity of data sources for 

analysis of excess vacation time.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 21 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 213 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

51 San Miguel, 

Jorge

9/14/21 0.7 620.00 $ 434.00 $ Participate on the weekly conference call with G. Gil (ACG) and various 

representatives of King & Spalding, PREPA, PRFAA, DOE, Luma and PREPA 

Board of Directors to discuss federal funding matters, challenges and next steps.

PR

3 Porter, Lucas 9/14/21 1.0 570.00 $ 570.00 $ Analyze updated data set with PREPA ERS data provided by N. Marino (ACG) 

to inform responses to the Section 104c RFI from the FOMB regarding the 

PREPA mobility program.

Not in PR

3 Porter, Lucas 9/14/21 1.3 570.00 $ 741.00 $ Revise draft FOMB submittal received from N. Marino (ACG) to inform the 

response to the Section 104c RFI from the FOMB regarding the PREPA 

mobility program.

Not in PR

3 Porter, Lucas 9/14/21 0.3 570.00 $ 171.00 $ Participate on call with N. Marino (ACG) to revise draft responses to the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

2 Crisalli, Paul 9/14/21 2.3 875.00 $ 2,012.50 $ Develop supporting analyses and related outputs for August 2021 Residential, 

Commercial and Industrial accounts receivable to inform cash flow reporting.

Not in PR

60 Costa, Lindsey 9/14/21 2.0 460.00 $ 920.00 $ Review the Credit Value Adjustment for the PREPA 2020 SWAP valuation 

model for JP Morgan and UBS Interest Rate SWAPS and comments provided to 

J. Dirlam (ACG).

Not in PR

3 Gil, Gerard 9/14/21 0.2 500.00 $ 100.00 $ Correspond with Luma representatives regarding FY 2023 fiscal plan 

development process.

PR

3 Porter, Lucas 9/14/21 0.8 570.00 $ 456.00 $ Review PREPA ERS data provided by N. Marino (ACG) to inform responses to 

the Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

2 Crisalli, Paul 9/14/21 3.3 875.00 $ 2,887.50 $ Develop supporting analyses and related outputs for August 2021 State 

Agencies, Federal Agencies, Public Corporations and Municipalities accounts 

receivable to inform cash flow reporting.

Not in PR

50 Keys, Jamie 9/14/21 1.1 330.00 $ 363.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution of the weekly reporting package.

Not in PR

50 Crisalli, Paul 9/14/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

3 Porter, Lucas 9/14/21 0.2 570.00 $ 114.00 $ Prepare and send follow-up information request to L. Matias (PREPA) 

regarding historical financial information needed for the FY 2016 - FY 2018 

Disclosure Statement.

Not in PR

3 Porter, Lucas 9/14/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss analysis of PREPA 

employee data to inform responses to the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

Not in PR

3 San Miguel, 

Jorge

9/14/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Loran (AAFAF) regarding status and 

comments to draft response to the Section 104c RFI from the FOMB regarding 

the PREPA mobility program.

PR

3 Crisalli, Paul 9/14/21 1.7 875.00 $ 1,487.50 $ Review the August 2021 General Client and Government accounts receivable 

reports for FY 2022 fiscal plan reporting purposes and provide comments to J. 

Keys (ACG).

Not in PR

40 San Miguel, 

Jorge

9/14/21 0.4 620.00 $ 248.00 $ Review updated information provided by J. Adrover (PREPA) related to 

statistical validation project to support FY 2019 audited financial statement 

process.

PR

50 San Miguel, 

Jorge

9/14/21 1.3 620.00 $ 806.00 $ Review the PREB regulatory docket filings provided by PREPA counsel to 

inform the 9/17/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

9/14/21 0.5 620.00 $ 310.00 $ Review updated response from L. Porter (ACG) to creditor stakeholder inquiry 

related to fiscal plan budget assumptions.

PR

3 Marino, 

Nicholas

9/14/21 2.1 495.00 $ 1,039.50 $ Revise the draft response regarding Appendix A - Government Mobility Plan 

Cost Allocations requested materials for the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

Not in PR

25 Parker, 

Christine

9/14/21 1.6 200.00 $ 320.00 $ Review time descriptions to the Ankura September 2021 monthly fee statement 

for information currently assembled.

Not in PR

51 Gil, Gerard 9/14/21 0.7 500.00 $ 350.00 $ Participate on the weekly conference call with J. San Miguel (ACG) and various 

representatives of King & Spalding, PREPA, PRFAA, DOE, Luma and PREPA 

Board of Directors to discuss federal funding matters, challenges and next steps.

PR

6 Porter, Lucas 9/14/21 0.4 570.00 $ 228.00 $ Prepare and send comments to L. Bledin (S&L) and PREPA Generation P3 

working group regarding draft independent engineer report.

Not in PR

50 Smith, James 9/14/21 1.6 750.00 $ 1,200.00 $ Update draft outline for the 9/17/21 bi-weekly mediation call based on 

discussions with J. San Miguel (ACG).

Not in PR

60 Costa, Lindsey 9/14/21 1.0 460.00 $ 460.00 $ Review the PREPA 2020 SWAP valuation model for JP Morgan and UBS 

Interest Rate SWAPS.

Not in PR

40 Carr, Scott 9/14/21 2.6 615.00 $ 1,599.00 $ Write computer code to analyze PREPA excess vacation data for estimation of 

PREPA's liability for unpaid excess vacation time.

Not in PR

3 Marino, 

Nicholas

9/14/21 0.2 495.00 $ 99.00 $ Participate on call with J. Keys (ACG) regarding review of the PREPA GASB 

67 and 68 FY 2015 to FY 2018 reports related to summary of the Annual 

Financial Information and Operating Data Report to support FY 2022 fiscal plan 

objectives.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 22 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 214 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

9/14/21 0.5 495.00 $ 247.50 $ Update PREPA ERS Loan Participant analysis based on materials received from 

M. Hernandez (PREPA) to respond to J. Bayne (AAFAF) request regarding the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

3 San Miguel, 

Jorge

9/14/21 1.3 620.00 $ 806.00 $ Review and edit draft response to the Section 104c RFI related to the PREPA 

mobility program for review and discussion with AAFAF, OMB and PREPA.

PR

3 San Miguel, 

Jorge

9/14/21 1.1 620.00 $ 682.00 $ Participate in working session with N. Marino (ACG) regarding draft AAFAF 

response due 9/17/21 to the Section 104c RFI from the FOMB regarding the 

PREPA mobility program.

PR

3 Keys, Jamie 9/14/21 3.4 330.00 $ 1,122.00 $ Review the historic Annual Financial Information and Operating Data Report 

regarding request to update materials through FY 2018.

Not in PR

3 Marino, 

Nicholas

9/14/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss analysis of PREPA employee 

data to inform responses to the Section 104c RFI from the FOMB regarding the 

PREPA mobility program.

Not in PR

3 Porter, Lucas 9/14/21 0.2 570.00 $ 114.00 $ Correspond with E. Ortiz (PREPA) and A. Cabrera (FW) regarding the FY 2021 

budget variance report for fiscal plan reporting.

Not in PR

3 San Miguel, 

Jorge

9/14/21 0.2 620.00 $ 124.00 $ Participate on call with L. Porter (ACG) to discuss the Section 104c RFI from 

the FOMB regarding the PREPA mobility program.

PR

3 Marino, 

Nicholas

9/14/21 0.5 495.00 $ 247.50 $ Review and analyze PREPA ERS loan participant data received from M. 

Hernandez (PREPA) per J. Bayne (AAFAF) request related to the Section 104c 

RFI from the FOMB regarding the PREPA mobility program.

Not in PR

3 Porter, Lucas 9/14/21 0.2 570.00 $ 114.00 $ Participate on call with J. San Miguel (ACG) to discuss the Section 104c RFI 

from the FOMB regarding the PREPA mobility program.

Not in PR

3 Marino, 

Nicholas

9/14/21 1.0 495.00 $ 495.00 $ Revise draft response to Appendix B - PREPA ERS Loan Participant Data 

requested materials incorporating comments from J. San Miguel (ACG) related 

to the Section 104c RFI from the FOMB regarding the PREPA mobility 

program.

Not in PR

50 Smith, James 9/14/21 1.2 750.00 $ 900.00 $ Participate in regulatory update call with K. Bolanos (DV), L. Porter (ACG) and 

J. San Miguel (ACG) regarding PREB developments, budget RFIs to Luma and 

related developments to inform discussion points for the 9/17/21 bi-weekly 

mediation call.

Not in PR

40 San Miguel, 

Jorge

9/14/21 0.5 620.00 $ 310.00 $ Participate on call with A. Sabbe (ACG) and S. Carr (ACG) to review status of 

validation process and pending information from PREPA related thereto in 

support of the FY 2018 financial statement audit process.

PR

3 Porter, Lucas 9/14/21 0.7 570.00 $ 399.00 $ Review creditor inquiries provided by J. San Miguel (ACG) related to the FY 

2022 budget.

Not in PR

3 Keys, Jamie 9/14/21 0.5 330.00 $ 165.00 $ Review the latest Annual Financial Information and Operating Data Report 

tracker provided by N. Marino (ACG).

Not in PR

3 Porter, Lucas 9/14/21 0.3 570.00 $ 171.00 $ Participate on call with N. Morales (PREPA) and J. Adrover (PREPA) to 

discuss Luma information requests related to the FY 2022 budget for PREB 

submittal.

Not in PR

40 Sabbe, Angela 9/14/21 1.2 570.00 $ 684.00 $ Prepare additional questions for PREPA about available data, terms of the 

Arbitration Award, and their preliminary calculation.

Not in PR

3 Marino, 

Nicholas

9/14/21 0.3 495.00 $ 148.50 $ Participate on call with L. Porter (ACG) to discuss draft responses to the Section 

104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

3 San Miguel, 

Jorge

9/14/21 0.9 620.00 $ 558.00 $ Review updated information provided by OMB, AAFAF and PREPA to inform 

draft response to the Section 104c RFI from the FOMB regarding the PREPA 

mobility program.

PR

3 Marino, 

Nicholas

9/14/21 1.1 495.00 $ 544.50 $ Participate in working session with J. San Miguel (ACG) regarding draft 

AAFAF response due 9/17/21 to the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

Not in PR

3 Marino, 

Nicholas

9/14/21 1.2 495.00 $ 594.00 $ Revise draft response to Appendix B - PREPA ERS Loan Participant Data 

requested materials incorporating comments from L. Porter (ACG) related to the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

40 Sabbe, Angela 9/14/21 1.5 570.00 $ 855.00 $ Prepare proposed methodology for analysis of excess vacation time. Not in PR

3 Porter, Lucas 9/14/21 0.3 570.00 $ 171.00 $ Participate on call with N. Marino (ACG) to discuss draft responses to the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

50 Keys, Jamie 9/14/21 1.2 330.00 $ 396.00 $ Prepare the weekly FEMA flash report for the week ended 9/10/21 for review by 

P. Crisalli (ACG).

Not in PR

40 Sabbe, Angela 9/14/21 0.5 570.00 $ 285.00 $ Participate on call with S. Carr (ACG) and J. San Miguel (ACG) to review 

status of validation process and pending information from PREPA related 

thereto in support of the FY 2018 financial statement audit process.

Not in PR

6 Porter, Lucas 9/14/21 1.1 570.00 $ 627.00 $ Review new draft independent engineer report provided by L. Bledin (S&L) to 

inform P3 Authority generation transformation transaction RFP due diligence.

Not in PR

50 San Miguel, 

Jorge

9/14/21 0.6 620.00 $ 372.00 $ Review updated cash flow report provided by P. Crisalli (ACG) to PREPA CFO 

to inform the 9/17/21 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

9/14/21 0.4 495.00 $ 198.00 $ Revise Section 104c RFI tracker for materials received from M. Hernandez 

(PREPA) related to PREPA ERS participant loan data.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 23 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 215 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Gil, Gerard 9/14/21 1.7 500.00 $ 850.00 $ Review and analyze latest draft of the GridCo-GenCo operating agreement 

circulated by Luma for discussion in upcoming working session.

PR

50 San Miguel, 

Jorge

9/14/21 1.2 620.00 $ 744.00 $ Participate in regulatory update call with K. Bolanos (DV), L. Porter (ACG) and 

J. Smith (ACG) regarding PREB developments, budget RFIs to Luma and 

related developments to inform discussion points for the 9/17/21 bi-weekly 

mediation call.

PR

51 Keys, Jamie 9/14/21 0.9 330.00 $ 297.00 $ Participate on telephone call with S. Diaz (ARI) regarding the status of various 

emergency vendor RFRs.

Not in PR

50 Porter, Lucas 9/14/21 1.2 570.00 $ 684.00 $ Participate in regulatory update call with K. Bolanos (DV), J. San Miguel 

(ACG) and J. Smith (ACG) regarding PREB developments, budget RFIs to 

Luma and related developments to inform discussion points for the 9/17/21 biweekly mediation call.

Not in PR

3 San Miguel, 

Jorge

9/15/21 0.2 620.00 $ 124.00 $ Participate in discussion with G. Loran (AAFAF) regarding supplemental 

information to complete response due to the FOMB related to PREPA mobility 

program inquiries to PREPA ERS.

PR

6 Gil, Gerard 9/15/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss PREPA comments and 

actions items for meeting with the P3 Authority working group regarding the 

GridCo-GenCo Operating Agreement.

PR

3 Porter, Lucas 9/15/21 0.5 570.00 $ 285.00 $ Participate on call with N. Marino (ACG) to discuss FY 2022 fiscal plan 

reporting for September.

Not in PR

3 Marino, 

Nicholas

9/15/21 1.7 495.00 $ 841.50 $ Update the FY 2022 fiscal plan initiatives September 2021 report. Not in PR

3 Porter, Lucas 9/15/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) regarding FY 2021 fiscal plan budget 

versus actual reporting.

Not in PR

51 Crisalli, Paul 9/15/21 0.2 875.00 $ 175.00 $ Participate on calls with M. DiConza (OMM) regarding emergency vendor open 

invoices and related potential FEMA proceeds.

Not in PR

50 Keys, Jamie 9/15/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution. Not in PR

6 Porter, Lucas 9/15/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss Luma comments to the GridCoGenCo Operating Agreement in preparation for meeting with the P3 Authority, 

Luma and PREPA working group.

Not in PR

2 San Miguel, 

Jorge

9/15/21 0.4 620.00 $ 248.00 $ Participate in discussion with P. Crisalli (ACG) regarding updates to cash flow 

projections and federal funding updates in support thereof.

PR

40 Carr, Scott 9/15/21 0.5 615.00 $ 307.50 $ Participate in discussion with J. San Miguel (ACG) and A. Sabbe (ACG) 

regarding updates related to the validation project process and status of 

responses to information requests from PREPA to support KPMG FY 2018 

financial statement audit process.

Not in PR

50 Smith, James 9/15/21 0.9 750.00 $ 675.00 $ Review recent news, legislative and regulatory information related to Luma and 

PREPA in preparation for the 9/17/21 bi-weekly mediation call. 

Not in PR

3 Porter, Lucas 9/15/21 0.4 570.00 $ 228.00 $ Review the updated daily generation reports received from G. Soto (Luma) to 

inform development of the generation operational report for the week ending 

9/12/21 required by the FY 2022 fiscal plan.

Not in PR

40 Movaghar, 

Veeda

9/15/21 0.7 305.00 $ 213.50 $ Evaluate client and legal documents to gain understanding of requirements for 

modelling of excess vacation time.

Not in PR

3 San Miguel, 

Jorge

9/15/21 0.4 620.00 $ 248.00 $ Review final draft response letter from AAFAF to the FOMB regarding the 

PREPA mobility program provided by G. Loran (AAFAF).

PR

2 San Miguel, 

Jorge

9/15/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) to discuss cash flow variances and 

forecasted PREPA liquidity.

PR

3 Marino, 

Nicholas

9/15/21 0.9 495.00 $ 445.50 $ Participate in discussion with L. Porter (ACG) and J. San Miguel (ACG) 

regarding draft response from PREPA and AAFAF to the Section 104c RFI from 

the FOMB regarding the PREPA mobility program.

Not in PR

3 Marino, 

Nicholas

9/15/21 0.9 495.00 $ 445.50 $ Update the FY 2022 fiscal plan initiatives September 2021 reporting following 

working session with R. Zampierollo (PREPA).

Not in PR

60 Costa, Lindsey 9/15/21 3.5 460.00 $ 1,610.00 $ Research CDS pricing on multiple different rated bonds in Bloomberg to inform 

the 2020 SWAP valuation.

Not in PR

3 Keys, Jamie 9/15/21 2.6 330.00 $ 858.00 $ Continue to review the historic Annual Financial Information and Operating 

Data Report regarding request to update materials through FY 2018.

Not in PR

2 Crisalli, Paul 9/15/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) to discuss cash flow variances and 

forecasted PREPA liquidity.

Not in PR

40 Sabbe, Angela 9/15/21 2.7 570.00 $ 1,539.00 $ Compare data sources against each other to test validity of data sources for 

analysis of excess vacation time.

Not in PR

3 Porter, Lucas 9/15/21 0.8 570.00 $ 456.00 $ Participate on call with R. Zampierollo (PREPA) and N. Marino (ACG) to 

discuss revisions to September monthly FY 2022 fiscal plan reporting to the 

FOMB.

Not in PR

3 Porter, Lucas 9/15/21 1.4 570.00 $ 798.00 $ Revise updated draft September monthly FOMB submittal from N. Marino 

(ACG) to incorporate new status updates and related information for FY 2022 

fiscal plan reporting.

Not in PR

3 San Miguel, 

Jorge

9/15/21 0.1 620.00 $ 62.00 $ Correspond with L. Porter (ACG) and N. Marino (ACG) regarding status of 

draft information request responses to the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

PR

Exhibit C

November 1, 2021 / #PR00051 24 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 216 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Gil, Gerard 9/15/21 0.7 500.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to discuss the FOMB RFI related 

to labor expenses, and FY 2022 fiscal plan implementation.

PR

3 Keys, Jamie 9/15/21 1.1 330.00 $ 363.00 $ Review the latest Annual Financial Information and Operating Data Report 

tracker provided by N. Marino (ACG).

Not in PR

3 San Miguel, 

Jorge

9/15/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Loran (AAFAF) regarding the status of 

response to the FOMB regarding PREPA mobility program data received from 

PREPA ERS.

PR

3 Marino, 

Nicholas

9/15/21 2.0 495.00 $ 990.00 $ Update tracker for additional materials provided by AAFAF and OGP related to 

the Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

40 San Miguel, 

Jorge

9/15/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Adrover (PREPA) regarding status of validation 

project progress and schedule for completion in support of FY 2018 financial 

statement audit process with KPMG.

PR

50 Keys, Jamie 9/15/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast documents prior to distribution of the 

weekly reporting package.

Not in PR

6 Porter, Lucas 9/15/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss takeaways from meeting with 

the P3 Authority working group regarding the GridCo-GenCo Operating 

Agreement.

Not in PR

3 Marino, 

Nicholas

9/15/21 0.8 495.00 $ 396.00 $ Finalize the FY 2022 fiscal plan initiatives September 2021 reporting 

presentation per L. Porter (ACG) edits.

Not in PR

2 San Miguel, 

Jorge

9/15/21 0.5 620.00 $ 310.00 $ Participate in discussion with P. Crisalli (ACG) regarding emergency vendor 

payment updates and related information provided by M. DiConza (OMM).

PR

3 Keys, Jamie 9/15/21 0.7 330.00 $ 231.00 $ Revise the TSA accounts receivable file per comments provided by P. Crisalli 

(ACG).

Not in PR

6 Porter, Lucas 9/15/21 1.7 570.00 $ 969.00 $ Participate in working session with S. Torres (P3A), C. Kordula (CGSH), V. Del 

Rio (CGSH), K. Bolanos (DV), G. Gil (ACG) and other P3 Authority 

representatives to discuss Luma comments to the GridCo-GenCo Operating 

Agreement.

Not in PR

3 Marino, 

Nicholas

9/15/21 0.5 495.00 $ 247.50 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan reporting 

for September.

Not in PR

3 Porter, Lucas 9/15/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss revisions to the draft 

September monthly FOMB submittal for FY 2022 fiscal plan reporting.

Not in PR

3 Marino, 

Nicholas

9/15/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss revisions to the draft 

September monthly FOMB submittal for FY 2022 fiscal plan reporting.

Not in PR

3 San Miguel, 

Jorge

9/15/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Loran (AAFAF) regarding follow-up RFI to 

PREPA ERS regarding pending information requested by the FOMB.

PR

50 Smith, James 9/15/21 1.9 750.00 $ 1,425.00 $ Review a portion of the video hearing related to capital investment in the hydro 

generation facilities to inform the creditor reporting workstream.

Not in PR

3 Porter, Lucas 9/15/21 0.8 570.00 $ 456.00 $ Review updated financial information discussed with P. Crisalli (ACG) and 

provided by N. Morales (PREPA) to inform comments to the draft FY 2021 

budget variance report.

Not in PR

3 Marino, 

Nicholas

9/15/21 0.5 495.00 $ 247.50 $ Participate on telephone call with J. Keys (ACG) regarding updates to the 

Annual Financial Information and Operating Data Report tracker.

Not in PR

3 Porter, Lucas 9/15/21 0.3 570.00 $ 171.00 $ Review updated weekly fleet status report from J. Smith (ACG) for FY 2022 

fiscal plan reporting.

Not in PR

3 Keys, Jamie 9/15/21 0.5 330.00 $ 165.00 $ Participate on telephone call with N. Marino (ACG) regarding updates to the 

Annual Financial Information and Operating Data Report tracker.

Not in PR

40 San Miguel, 

Jorge

9/15/21 0.5 620.00 $ 310.00 $ Participate in discussion with S. Carr (ACG) and A. Sabbe (ACG) regarding 

updates related to the validation project process and status of responses to 

information requests from PREPA to support KPMG FY 2018 financial 

statement audit process.

PR

6 Gil, Gerard 9/15/21 0.5 500.00 $ 250.00 $ Participate on call with K. Bolanos (DV) regarding latest markup of the GridCoGenCo Operating Agreement in preparation for the working group session with 

P3 Authority and Luma.

PR

2 San Miguel, 

Jorge

9/15/21 0.2 620.00 $ 124.00 $ Review the emergency vendor analysis on pending cost reimbursement provided 

by P. Crisalli (ACG) to inform discussions with AAFAF and FOMB.

PR

3 Marino, 

Nicholas

9/15/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss status of the draft Section 

104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

40 Sabbe, Angela 9/15/21 0.5 570.00 $ 285.00 $ Participate in discussion with J. San Miguel (ACG) and S. Carr (ACG) 

regarding updates related to the validation project process and status of 

responses to information requests from PREPA to support KPMG FY 2018 

financial statement audit process.

Not in PR

51 Crisalli, Paul 9/15/21 0.2 875.00 $ 175.00 $ Prepare for call with J. Keys (ACG), J. San Miguel (ACG) and S. Diaz (ARI) 

regarding emergency vendor open invoices and related potential FEMA 

proceeds.

Not in PR

51 San Miguel, 

Jorge

9/15/21 0.5 620.00 $ 310.00 $ Participate on call with J. Keys (ACG), P. Crisalli (ACG) and S. Diaz (ARI) 

regarding emergency vendor open invoices and related potential FEMA 

proceeds.

PR

Exhibit C

November 1, 2021 / #PR00051 25 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 217 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

9/15/21 0.8 620.00 $ 496.00 $ Review PREB regulatory developments and US Congress developments related 

to infrastructure project approvals for reconstruction to inform discussion points 

for the 9/17/21 bi-weekly mediation call. 

PR

40 Carr, Scott 9/15/21 1.6 615.00 $ 984.00 $ Compare PREPA's different datasets containing information related to 

employees' accrued vacation to assess which data sources and methodology to 

use for estimating PREPA's liability for unpaid excess vacation.

Not in PR

50 Keys, Jamie 9/15/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

6 Gil, Gerard 9/15/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss takeaways from meeting with 

the P3 Authority working group regarding the GridCo-GenCo Operating 

Agreement.

PR

3 Crisalli, Paul 9/15/21 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) regarding FY 2021 fiscal plan budget 

versus actual reporting.

Not in PR

3 Porter, Lucas 9/15/21 0.3 570.00 $ 171.00 $ Participate on call with J. San Miguel (ACG) regarding draft responses to the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

50 Keys, Jamie 9/15/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

50 Smith, James 9/15/21 0.5 750.00 $ 375.00 $ Review follow-up questions from creditor stakeholders in support of the creditor 

reporting workstream.

Not in PR

3 Porter, Lucas 9/15/21 0.2 570.00 $ 114.00 $ Correspond with J. San Miguel (ACG) and N. Marino (ACG) regarding status of 

draft information request responses to the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

Not in PR

6 Gil, Gerard 9/15/21 1.7 500.00 $ 850.00 $ Participate in working session with S. Torres (P3A), C. Kordula (CGSH), V. Del 

Rio (CGSH), K. Bolanos (DV), L. Porter (ACG) and other P3 Authority 

representatives to discuss Luma comments to the GridCo-GenCo Operating 

Agreement.

PR

3 San Miguel, 

Jorge

9/15/21 0.3 620.00 $ 186.00 $ Participate on call with L. Porter (ACG) regarding draft responses to the Section 

104c RFI from the FOMB regarding the PREPA mobility program.

PR

25 Parker, 

Christine

9/15/21 1.1 200.00 $ 220.00 $ Assemble time descriptions for the period 9/5/21 - 9/11/21 for inclusion in the 

Ankura September 2021 monthly fee statement.

Not in PR

3 Gil, Gerard 9/15/21 0.2 500.00 $ 100.00 $ Review information request to P3 Authority to inform FY 2022 fiscal plan 

reporting.

PR

2 Crisalli, Paul 9/15/21 0.5 875.00 $ 437.50 $ Participate in discussion with J. San Miguel (ACG) regarding emergency vendor 

payment updates and related information provided by M. DiConza (OMM).

Not in PR

3 San Miguel, 

Jorge

9/15/21 0.4 620.00 $ 248.00 $ Provide G. Loran (AAFAF) comments to response filed with FOMB regarding 

PREPA ERS data for follow-up and clarification with FOMB.

PR

2 Crisalli, Paul 9/15/21 2.6 875.00 $ 2,275.00 $ Review invoice level source documents and revise supporting analyses related 

to outstanding invoices, payments and potential FEMA proceeds for emergencyrelated vendors to inform the cash flow forecast.

Not in PR

3 San Miguel, 

Jorge

9/15/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Morales (PREPA) and J. Adrover (PREPA) 

regarding additional information to supplement response due to the FOMB 

related to the PREPA ERS data regarding the PREPA mobility program.

PR

3 Porter, Lucas 9/15/21 0.2 570.00 $ 114.00 $ Prepare information request to P3 Authority related to FY 2022 fiscal plan 

reporting.

Not in PR

3 San Miguel, 

Jorge

9/15/21 0.9 620.00 $ 558.00 $ Participate in discussion with L. Porter (ACG) and N. Marino (ACG) regarding 

draft response from PREPA and AAFAF to the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

PR

51 Keys, Jamie 9/15/21 0.7 330.00 $ 231.00 $ Participate on telephone call with C. Iglesias (I&I) regarding updates to 

emergency vendor invoice information and various finance charges.

Not in PR

3 Porter, Lucas 9/15/21 0.5 570.00 $ 285.00 $ Participate on call with E. Barbosa (PREPA), F. Santos (PREPA), N. Marino 

(ACG) and G. Gil (ACG) to discuss updates to the fuel procurement initiative to 

inform FY 2022 fiscal plan reporting.

Not in PR

40 Sabbe, Angela 9/15/21 0.3 570.00 $ 171.00 $ Participate in working session with V. Movaghar (ACG) to evaluate documents 

to gain understanding of requirements of Arbitration Award. 

Not in PR

2 Crisalli, Paul 9/15/21 0.3 875.00 $ 262.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

25 Parker, 

Christine

9/15/21 3.3 200.00 $ 660.00 $ Review time descriptions to the Ankura September 2021 monthly fee statement 

for information currently assembled.

Not in PR

40 Movaghar, 

Veeda

9/15/21 0.3 305.00 $ 91.50 $ Participate in working session with A. Sabbe (ACG) to evaluate documents to 

gain understanding of requirements of Arbitration Award. 

Not in PR

3 Porter, Lucas 9/15/21 0.9 570.00 $ 513.00 $ Participate in discussion with J. San Miguel (ACG) and N. Marino (ACG) 

regarding draft response from PREPA and AAFAF to the Section 104c RFI from 

the FOMB regarding the PREPA mobility program.

Not in PR

40 Carr, Scott 9/15/21 1.4 615.00 $ 861.00 $ Compare PREPA's different documents containing information related to 

employees' accrued vacation to assess which data sources and methodology to 

use for estimating PREPA's liability for unpaid excess vacation.

Not in PR

51 Keys, Jamie 9/15/21 0.5 330.00 $ 165.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG) and S. Diaz 

(ARI) regarding emergency vendor open invoices and related potential FEMA 

proceeds.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 26 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 218 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

9/15/21 1.8 495.00 $ 891.00 $ Finalize reviewing materials provided by PREPA, OMB and AAFAF related to 

the Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

2 Crisalli, Paul 9/15/21 0.4 875.00 $ 350.00 $ Participate in discussion with J. San Miguel (ACG) regarding updates to cash 

flow projections and federal funding updates in support thereof.

Not in PR

3 Gil, Gerard 9/15/21 0.5 500.00 $ 250.00 $ Participate on call with E. Barbosa (PREPA), F. Santos (PREPA), N. Marino 

(ACG) and L. Porter (ACG) to discuss updates to the fuel procurement initiative 

to inform FY 2022 fiscal plan reporting.

PR

2 Crisalli, Paul 9/15/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 9/10/21. Not in PR

51 Crisalli, Paul 9/15/21 0.5 875.00 $ 437.50 $ Participate on call with J. Keys (ACG), J. San Miguel (ACG) and S. Diaz (ARI) 

regarding emergency vendor open invoices and related potential FEMA 

proceeds.

Not in PR

50 Crisalli, Paul 9/15/21 0.3 875.00 $ 262.50 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

6 Gil, Gerard 9/15/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss Luma comments to the 

GridCo-GenCo Operating Agreement in preparation for meeting with the P3 

Authority, Luma and PREPA working group.

PR

3 San Miguel, 

Jorge

9/15/21 1.6 620.00 $ 992.00 $ Review and edit the draft proposed response for PREPA and AAFAF to the 

FOMB in response to the Section 104c RFI related to the PREPA mobility 

program data received from PREPA ERS.

PR

50 Smith, James 9/15/21 0.3 750.00 $ 225.00 $ Review the Vega Baja engineering report received from L. Bledin (S&L) in 

support of the creditor reporting workstream and in preparation for the 9/17/21 

bi-weekly mediation call. 

Not in PR

3 Porter, Lucas 9/15/21 1.3 570.00 $ 741.00 $ Prepare the generation operational report for the week ending 9/12/21 based on 

data received from G. Soto (Luma) for FOMB as required by the FY 2022 fiscal 

plan.

Not in PR

50 Crisalli, Paul 9/15/21 0.2 875.00 $ 175.00 $ Participate on call with J. Keys (ACG) to discuss the supporting documents to 

the FEMA flash report.

Not in PR

3 Marino, 

Nicholas

9/15/21 0.8 495.00 $ 396.00 $ Participate on call with R. Zampierollo (PREPA) and L. Porter (ACG) to discuss 

revisions to September monthly FY 2022 fiscal plan reporting to the FOMB.

Not in PR

50 Keys, Jamie 9/15/21 0.2 330.00 $ 66.00 $ Participate on call with P. Crisalli (ACG) to discuss the supporting documents 

to the FEMA flash report.

Not in PR

3 San Miguel, 

Jorge

9/15/21 0.6 620.00 $ 372.00 $ Review PREPA ERS data prior to submittal to the FOMB in response to RFI 

related to PREPA mobility program.

PR

50 Smith, James 9/15/21 0.9 750.00 $ 675.00 $ Review the PREB regulatory docket related to Luma and the PREPA 10-year 

infrastructure plan in preparation for the 9/17/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

9/15/21 0.3 495.00 $ 148.50 $ Finalize the FY 2022 fiscal plan initiatives September 2021 reporting master 

working file per L. Porter (ACG) edits.

Not in PR

6 Porter, Lucas 9/15/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss PREPA comments and actions 

items for meeting with the P3 Authority working group regarding the GridCoGenCo Operating Agreement.

Not in PR

3 Porter, Lucas 9/15/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss status of the draft Section 

104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

3 Marino, 

Nicholas

9/15/21 0.4 495.00 $ 198.00 $ Read and review letter regarding Appendix B - PREPA ERS Loan Participant 

Data requested materials per the Section 104c RFI from the FOMB regarding 

the PREPA mobility program.

Not in PR

3 Crisalli, Paul 9/15/21 0.3 875.00 $ 262.50 $ Review the August 2021 TSA accounts receivable reports for FY 2022 fiscal 

plan reporting purposes and provide comments to J. Keys (ACG).

Not in PR

2 Crisalli, Paul 9/15/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

2 Crisalli, Paul 9/15/21 0.6 875.00 $ 525.00 $ Develop template for the August 2021 accounts receivable reporting 

presentation requested by N. Morales (PREPA).

Not in PR

3 San Miguel, 

Jorge

9/15/21 0.7 620.00 $ 434.00 $ Participate on call with G. Gil (ACG) to discuss the FOMB RFI related to labor 

expenses, and FY 2022 fiscal plan implementation.

PR

3 Marino, 

Nicholas

9/15/21 0.5 495.00 $ 247.50 $ Participate on call with E. Barbosa (PREPA), F. Santos (PREPA), L. Porter 

(ACG) and G. Gil (ACG) to discuss updates to the fuel procurement initiative to 

inform FY 2022 fiscal plan reporting.

Not in PR

3 Porter, Lucas 9/15/21 1.0 570.00 $ 570.00 $ Review original FOMB Section 104c RFI provided by J. San Miguel (ACG) to 

determine draft letter responsiveness and completeness.

Not in PR

40 Carr, Scott 9/16/21 0.8 615.00 $ 492.00 $ Participate in meeting with A. Sabbe (ACG) to develop methodology for 

assessing PREPA's excess vacation liability.

Not in PR

6 Gil, Gerard 9/16/21 0.2 500.00 $ 100.00 $ Review and provide input to L. Porter (ACG) on request for clarification 

regarding service account funding to inform comments to the GridCo-GenCo 

Operating Agreement. 

PR

3 Marino, 

Nicholas

9/16/21 0.4 495.00 $ 198.00 $ Revise tracker for the draft response related to Appendix A - Government 

Mobility Plan Cost Allocations for the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 27 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 219 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Crisalli, Paul 9/16/21 1.0 875.00 $ 875.00 $ Participate in working session with L. Porter (ACG) and G. Gil (ACG) to 

discuss comments to the GridCo-GenCo Operating Agreement and impacts to 

PREPA's liquidity.

Not in PR

51 San Miguel, 

Jorge

9/16/21 0.6 620.00 $ 372.00 $ Review update from COR3 related to federal funding status and processes in 

support of PREPA-related reconstruction projects.

PR

40 Carr, Scott 9/16/21 2.3 615.00 $ 1,414.50 $ Analyze and compare the different PREPA datasets to assess best methodology 

for estimating PREPA's excess vacation liability.

Not in PR

3 San Miguel, 

Jorge

9/16/21 1.7 620.00 $ 1,054.00 $ Review and revise response to the Section 104c RFI from the FOMB regarding 

the PREPA mobility program in preparation for discussion with PREPA, 

AAFAF and OMB.

PR

3 Marino, 

Nicholas

9/16/21 0.5 495.00 $ 247.50 $ Participate in meeting with J. Medina (OGP), J. San Miguel (ACG) and L. 

Porter (ACG) to develop draft submittal information for the Section 104c RFI 

from the FOMB regarding the PREPA mobility program.

Not in PR

3 San Miguel, 

Jorge

9/16/21 1.5 620.00 $ 930.00 $ Participate on call with L. Porter (ACG) and N. Marino (ACG) to discuss 

revisions to the draft submittal in response to the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

PR

6 Porter, Lucas 9/16/21 1.0 570.00 $ 570.00 $ Participate in working session with G. Gil (ACG) and P. Crisalli (ACG) to 

discuss comments to the GridCo-GenCo Operating Agreement and impacts to 

PREPA's liquidity.

Not in PR

40 Sabbe, Angela 9/16/21 0.5 570.00 $ 285.00 $ Prepare examples to test modeling of excess vacation. Not in PR

3 Porter, Lucas 9/16/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss updates included in FY 2022 

fiscal plan reporting for September.

Not in PR

3 Marino, 

Nicholas

9/16/21 1.3 495.00 $ 643.50 $ Update the draft response letter per follow-up working session with OMB 

regarding the Section 104c RFI from the FOMB regarding the PREPA mobility 

program.

Not in PR

3 Marino, 

Nicholas

9/16/21 1.5 495.00 $ 742.50 $ Participate on call with J. San Miguel (ACG) and L. Porter (ACG) to discuss 

revisions to the draft submittal in response to the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

Not in PR

3 Gil, Gerard 9/16/21 0.1 500.00 $ 50.00 $ Correspond with F. Padilla (PREPA) regarding the FY 2022 budget 

performance dashboard.

PR

2 Crisalli, Paul 9/16/21 0.3 875.00 $ 262.50 $ Prepare for call with Luma and PREPA regarding cash flow budget-to-actual 

variances for the period through 9/10/21.

Not in PR

50 Smith, James 9/16/21 0.5 750.00 $ 375.00 $ Participate on call with G. Soto (Luma) to discuss generation system updates in 

preparation for the 9/17/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 9/16/21 2.0 570.00 $ 1,140.00 $ Participate in working session with G. Loran (AAFAF), V. Gonzales (AAFAF), 

N. Morales (PREPA), J. Medina (OGP), J. San Miguel (ACG) and N. Marino 

(ACG) to revise draft submittal information for the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

Not in PR

51 Crisalli, Paul 9/16/21 2.1 875.00 $ 1,837.50 $ Review additional supporting information provided by S. Diaz (ARI) regarding 

emergency vendor open invoices and related potential FEMA proceeds.

Not in PR

3 Marino, 

Nicholas

9/16/21 1.4 495.00 $ 693.00 $ Further revise the draft response letter per information provided by OMB related 

to the Section 104c RFI from the FOMB regarding the PREPA mobility 

program.

Not in PR

50 Smith, James 9/16/21 1.7 750.00 $ 1,275.00 $ Update draft outline for the 9/17/21 bi-weekly mediation call based on 

comments received from G. Gil (ACG), L. Porter (ACG) and J. San Miguel 

(ACG).

Not in PR

40 Sabbe, Angela 9/16/21 0.8 570.00 $ 456.00 $ Participate in meeting with S. Carr (ACG) to develop methodology for assessing 

PREPA's excess vacation liability.

Not in PR

3 San Miguel, 

Jorge

9/16/21 1.6 620.00 $ 992.00 $ Participate on call with J. Medina (OGP), L. Porter (ACG) and N. Marino 

(ACG) to revise draft responses to the FOMB RFI related to the PREPA 

mobility program due 9/17/21.

PR

3 San Miguel, 

Jorge

9/16/21 0.5 620.00 $ 310.00 $ Participate in meeting with J. Medina (OGP), L. Porter (ACG) and N. Marino 

(ACG) to develop draft submittal information for the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

PR

3 Marino, 

Nicholas

9/16/21 1.0 495.00 $ 495.00 $ Update and review the draft response per working session with PREPA, AAFAF 

and OMB related to Appendix A - Government Mobility Plan Cost Allocations 

request included in the Section 104c RFI from the FOMB regarding the PREPA 

mobility program.

Not in PR

50 San Miguel, 

Jorge

9/16/21 0.6 620.00 $ 372.00 $ Participate on calls with J. Smith (ACG) to discuss updates to the agenda for the 

9/17/21 bi-weekly mediation call.

PR

50 Smith, James 9/16/21 0.3 750.00 $ 225.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

2 Crisalli, Paul 9/16/21 0.3 875.00 $ 262.50 $ Participate on call with J. Roque (Luma) regarding PREPA operating account 

bank balances.

Not in PR

50 Crisalli, Paul 9/16/21 1.0 875.00 $ 875.00 $ Develop notes and supporting materials for the cash flow and liquidly section of 

the 9/17/21 bi-weekly mediation call.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 28 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 220 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Crisalli, Paul 9/16/21 0.4 875.00 $ 350.00 $ Participate on call with L. Porter (ACG) to prepare for meeting with Y. Hickey 

(FOMB) regarding PREPA service accounts and working capital related to the 

T&D transformation transaction.

Not in PR

3 Porter, Lucas 9/16/21 0.5 570.00 $ 285.00 $ Participate in meeting with J. Medina (OGP), J. San Miguel (ACG) and N. 

Marino (ACG) to develop draft submittal information for the Section 104c RFI 

from the FOMB regarding the PREPA mobility program.

Not in PR

3 San Miguel, 

Jorge

9/16/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) to discuss pending information 

from PREPA related to the Section 104c RFI from the FOMB regarding the 

PREPA mobility program.

PR

60 Costa, Lindsey 9/16/21 2.6 460.00 $ 1,196.00 $ Research CDS pricing in Bloomberg to inform the 2020 SWAP valuation. Not in PR

3 San Miguel, 

Jorge

9/16/21 0.7 620.00 $ 434.00 $ Review updated documents provided by V. Gonzalez (AAFAF) and J. Medina 

(OGP) to support response to the FOMB RFI related to the PREPA mobility 

program.

PR

3 Crisalli, Paul 9/16/21 0.6 875.00 $ 525.00 $ Prepare the post-certification fiscal plan cash flow and liquidity related reports 

for week ended 9/10/21.

Not in PR

50 Porter, Lucas 9/16/21 1.2 570.00 $ 684.00 $ Analyze PREPA fuel cost data from E. Barbosa (PREPA) to inform revisions to 

the agenda and notes for the 9/17/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

9/16/21 2.0 495.00 $ 990.00 $ Participate in working session with G. Loran (AAFAF), V. Gonzales (AAFAF), 

N. Morales (PREPA), J. Medina (OGP), J. San Miguel (ACG) and L. Porter 

(ACG) to revise draft submittal information for the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

Not in PR

3 Gil, Gerard 9/16/21 0.7 500.00 $ 350.00 $ Review materials submitted by AAFAF to the FOMB regarding labor-related 

costs in preparation for 9/17/21 call.

PR

6 Crisalli, Paul 9/16/21 0.4 875.00 $ 350.00 $ Review illustrative flow of funds related to the fuel account and provide 

comments to L. Porter (ACG).

Not in PR

2 Keys, Jamie 9/16/21 0.5 330.00 $ 165.00 $ Participate on call with K. Kostyk (Luma), J. Roque (Luma), E. Ortiz (PREPA) 

and P. Crisalli (ACG) regarding cash flow budget-to-actual variances for the 

period through 9/10/21.

Not in PR

40 Carr, Scott 9/16/21 1.7 615.00 $ 1,045.50 $ Prepare analysis to develop preliminary estimate of PREPA's excess vacation 

liability.

Not in PR

6 Porter, Lucas 9/16/21 0.3 570.00 $ 171.00 $ Review the T&D O&M agreement contract language related to service account 

funding to inform discussions with P3 Authority.

Not in PR

50 Gil, Gerard 9/16/21 1.2 500.00 $ 600.00 $ Review and provide input to J. San Miguel (ACG) on materials for the 9/17/21 

bi-weekly mediation call.

PR

3 San Miguel, 

Jorge

9/16/21 0.3 620.00 $ 186.00 $ Review inquiry from K. Bolanos (DV) related to PREPA budgeting matters for 

use by Luma in PREB proceedings.

PR

3 Porter, Lucas 9/16/21 0.8 570.00 $ 456.00 $ Review the updated draft response received from N. Marino (ACG) related to 

the Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

50 Keys, Jamie 9/16/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding the monthly accounts receivable 

reports.

Not in PR

3 Gil, Gerard 9/16/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss updates included in FY 2022 

fiscal plan reporting for September.

PR

2 Keys, Jamie 9/16/21 0.5 330.00 $ 165.00 $ Review variances in the cash flow budget prior to discussions with PREPA, 

Luma and P. Crisalli (ACG).

Not in PR

50 Smith, James 9/16/21 1.0 750.00 $ 750.00 $ Review the historical PREPA generation data and prepare summary in support 

of the creditor reporting workstream in advance of the 9/17/21 bi-weekly 

mediation call.

Not in PR

3 San Miguel, 

Jorge

9/16/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Marino (ACG) regarding updated draft 

responses to the FOMB RFI related to the PREPA mobility program.

PR

3 Marino, 

Nicholas

9/16/21 1.6 495.00 $ 792.00 $ Participate on call with J. Medina (OGP), L. Porter (ACG) and J. San Miguel 

(ACG) to revise draft responses to the FOMB RFI related to the PREPA 

mobility program due 9/17/21.

Not in PR

3 Marino, 

Nicholas

9/16/21 0.9 495.00 $ 445.50 $ Review materials provided by PREPA, OMB and AAFAF related to requested 

materials in the Section 104c RFI from the FOMB regarding the PREPA 

mobility program.

Not in PR

40 Sabbe, Angela 9/16/21 1.7 570.00 $ 969.00 $ Evaluate and validate data and documents received showing vacation taken by 

employees and previous vacation payouts to determine data on which to rely for 

the analysis of potential excess vacation liability.

Not in PR

6 Porter, Lucas 9/16/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG) to prepare for meeting with Y. Hickey 

(FOMB) regarding PREPA service accounts and working capital related to the 

T&D transformation transaction.

Not in PR

3 Porter, Lucas 9/16/21 0.7 570.00 $ 399.00 $ Analyze the personnel transition data provided by J. Medina (OGP) to inform 

revisions to the 9/17/21 response to the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

Not in PR

50 San Miguel, 

Jorge

9/16/21 1.6 620.00 $ 992.00 $ Review draft agenda update for the 9/17/21 bi-weekly mediation call. PR

50 Smith, James 9/16/21 0.6 750.00 $ 450.00 $ Participate on calls with J. San Miguel (ACG) to discuss updates to the agenda 

for the 9/17/21 bi-weekly mediation call.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 29 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 221 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 9/16/21 0.5 875.00 $ 437.50 $ Participate on call with K. Kostyk (Luma), J. Roque (Luma), E. Ortiz (PREPA) 

and J. Keys (ACG) regarding cash flow budget-to-actual variances for the period 

through 9/10/21.

Not in PR

25 Keys, Jamie 9/16/21 2.8 330.00 $ 924.00 $ Review the current draft of the Ankura August 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

3 Marino, 

Nicholas

9/16/21 0.1 495.00 $ 49.50 $ Participate on call with G. Loran (AAFAF) regarding clarification related to 

RHUM requested materials for the Section 104c RFI from the FOMB regarding 

the PREPA mobility program.

Not in PR

3 Porter, Lucas 9/16/21 1.6 570.00 $ 912.00 $ Participate on call with J. Medina (OGP), J. San Miguel (ACG) and N. Marino 

(ACG) to revise draft responses to the FOMB RFI related to the PREPA 

mobility program due 9/17/21.

Not in PR

6 Gil, Gerard 9/16/21 1.0 500.00 $ 500.00 $ Participate in working session with L. Porter (ACG) and P. Crisalli (ACG) to 

discuss comments to the GridCo-GenCo Operating Agreement and impacts to 

PREPA's liquidity.

PR

3 Marino, 

Nicholas

9/16/21 0.3 495.00 $ 148.50 $ Participate in discussion with J. San Miguel (ACG) regarding updated draft 

responses to the FOMB RFI related to the PREPA mobility program.

Not in PR

50 Smith, James 9/16/21 1.5 750.00 $ 1,125.00 $ Prepare the fleet status report for distribution to creditors in advance of the 

9/17/21 bi-weekly mediation call.

Not in PR

6 Porter, Lucas 9/16/21 0.4 570.00 $ 228.00 $ Prepare request for clarification to V. Del Rio (CGSH) regarding service 

account funding to inform comments to the GridCo-GenCo Operating 

Agreement.

Not in PR

50 Porter, Lucas 9/16/21 0.8 570.00 $ 456.00 $ Revise draft meeting notes for J. Smith (ACG) and J. San Miguel (ACG) in 

preparation for the 9/17/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 9/16/21 1.5 570.00 $ 855.00 $ Participate on call with J. San Miguel (ACG) and N. Marino (ACG) to discuss 

revisions to the draft submittal in response to the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

Not in PR

3 San Miguel, 

Jorge

9/16/21 2.0 620.00 $ 1,240.00 $ Participate in working session with G. Loran (AAFAF), V. Gonzales (AAFAF), 

N. Morales (PREPA), J. Medina (OGP), L. Porter (ACG) and N. Marino (ACG) 

to revise draft submittal information for the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

PR

3 Marino, 

Nicholas

9/16/21 0.5 495.00 $ 247.50 $ Revise the draft response regarding Appendix A - Government Mobility Plan 

Cost Allocations requested materials for the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

Not in PR

50 Crisalli, Paul 9/17/21 0.4 875.00 $ 350.00 $ Prepare for the bi-weekly mediation call. Not in PR

50 Crisalli, Paul 9/17/21 0.5 875.00 $ 437.50 $ Participate on the bi-weekly mediation call. Not in PR

3 Porter, Lucas 9/17/21 0.4 570.00 $ 228.00 $ Review responding information provided by N. Morales (PREPA) for the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

2 Crisalli, Paul 9/17/21 0.9 875.00 $ 787.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

9/17/21.

Not in PR

50 Crisalli, Paul 9/17/21 0.5 875.00 $ 437.50 $ Participate on call with J. San Miguel (ACG) to prepare for the bi-weekly 

mediation call.

Not in PR

50 Smith, James 9/17/21 0.8 750.00 $ 600.00 $ Update draft outline with updated generation outage information in preparation 

for the bi-weekly mediation call.

Not in PR

25 Keys, Jamie 9/17/21 1.7 330.00 $ 561.00 $ Continue review of the current draft of the Ankura August 2021 monthly fee 

statement provided by C. Parker (ACG).

Not in PR

3 Porter, Lucas 9/17/21 1.3 570.00 $ 741.00 $ Revise updated draft submittal from N. Marino (ACG) related to the Section 

104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

3 San Miguel, 

Jorge

9/17/21 0.7 620.00 $ 434.00 $ Review updated draft response letter to the FOMB providing responses related 

to the Section 104c RFI from the FOMB regarding the PREPA mobility 

program.

PR

50 Smith, James 9/17/21 0.5 750.00 $ 375.00 $ Participate on the bi-weekly mediation call. Not in PR

2 Crisalli, Paul 9/17/21 3.1 875.00 $ 2,712.50 $ Update the August 2021 accounts receivable presentation materials prior to 

distribution to N. Morales (PREPA).

Not in PR

2 Crisalli, Paul 9/17/21 0.8 875.00 $ 700.00 $ Participate on call with L. Porter (ACG), J. San Miguel (ACG), G. Gil (ACG), 

R. Zampierollo (PREPA) and representatives from the FOMB regarding PREPA 

bank account structure and staffing.

Not in PR

2 Crisalli, Paul 9/17/21 0.3 875.00 $ 262.50 $ Prepare for call with the FOMB regarding PREPA bank account structure and 

staffing.

Not in PR

2 San Miguel, 

Jorge

9/17/21 0.8 620.00 $ 496.00 $ Participate on call with L. Porter (ACG), P. Crisalli (ACG), G. Gil (ACG), R. 

Zampierollo (PREPA) and representatives from the FOMB regarding PREPA 

bank account structure and staffing.

PR

50 Gil, Gerard 9/17/21 0.5 500.00 $ 250.00 $ Participate on the bi-weekly mediation call. PR

3 San Miguel, 

Jorge

9/17/21 2.3 620.00 $ 1,426.00 $ Attend FOMB 30th public meeting regarding debt restructuring and 

developments related to PREPA, transformation initiatives and system 

reconstruction to advance FY 2022 fiscal plan implementation.

PR

3 Porter, Lucas 9/17/21 0.4 570.00 $ 228.00 $ Participate in discussion with J. San Miguel (ACG) regarding revisions to draft 

responses for FOMB related to the PREPA mobility program based on 

additional input received from AAFAF and OGP.

Not in PR

40 Sabbe, Angela 9/17/21 0.9 570.00 $ 513.00 $ Prepare examples of excess vacation time previously paid or taken and for 

which PREPA may have liability. 

Not in PR

Exhibit C

November 1, 2021 / #PR00051 30 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 222 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Keys, Jamie 9/17/21 0.4 330.00 $ 132.00 $ Review the bi-weekly mediation call agenda provided by J. Smith (ACG). Not in PR

25 Parker, 

Christine

9/17/21 1.2 200.00 $ 240.00 $ Review time descriptions to the Ankura September 2021 monthly fee statement 

for information currently assembled.

Not in PR

50 Keys, Jamie 9/17/21 0.5 330.00 $ 165.00 $ Participate on the bi-weekly mediation call. Not in PR

3 Porter, Lucas 9/17/21 1.9 570.00 $ 1,083.00 $ Participate in working session with G. Loran (AAFAF), V. Gonzales (AAFAF), 

N. Morales (PREPA), J. Adrover (PREPA), J. Medina (OGP) and N. Marino 

(ACG) to revise draft submittal information for the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

Not in PR

3 Marino, 

Nicholas

9/17/21 0.6 495.00 $ 297.00 $ Revise the information tracker following working session with L. Porter (ACG), 

N. Morales (PREPA), J. Adrover (PREPA), G. Loran (AAFAF), V. Gonzalez 

(AAFAF) and J. Medina (OGP) regarding the draft response due on 9/17/21 

related to the Section 104c RFI from the FOMB regarding the PREPA mobility 

program.

Not in PR

3 San Miguel, 

Jorge

9/17/21 0.4 620.00 $ 248.00 $ Review updated PREPA ERS submission provided by N. Morales (PREPA) 

related to the Section 104c RFI from the FOMB regarding the PREPA mobility 

program.

PR

50 San Miguel, 

Jorge

9/17/21 1.5 620.00 $ 930.00 $ Review and study financial, operational and transformation materials in 

preparation for the bi-weekly mediation call.

PR

2 Gil, Gerard 9/17/21 0.8 500.00 $ 400.00 $ Participate on call with L. Porter (ACG), J. San Miguel (ACG), P. Crisalli 

(ACG), R. Zampierollo (PREPA) and representatives from the FOMB regarding 

PREPA bank account structure and staffing.

PR

3 Gil, Gerard 9/17/21 2.3 500.00 $ 1,150.00 $ Attend FOMB 30th public meeting regarding debt restructuring and 

developments related to PREPA, transformation initiatives and system 

reconstruction to advance FY 2022 fiscal plan implementation.

PR

3 Porter, Lucas 9/17/21 1.4 570.00 $ 798.00 $ Continue to revise analysis of FY 2021 budget variances and prior year budget 

variances as requested by F. Padilla (PREPA) in advance of the PREPA Board 

of Directors meeting.

Not in PR

50 San Miguel, 

Jorge

9/17/21 0.2 620.00 $ 124.00 $ Participate on call with J. Smith (ACG) to discuss questions and action items 

following the bi-weekly mediation call.

PR

40 Carr, Scott 9/17/21 4.4 615.00 $ 2,706.00 $ Sample, inspect, and document PREPA vacation accrual pdf files to understand 

PREPA's vacation accrual and documentation methodologies and to identify 

examples for further review and discussion. 

Not in PR

3 Porter, Lucas 9/17/21 0.8 570.00 $ 456.00 $ Participate on call with N. Marino (ACG) to make final revisions to the 9/17/21 

Section 104c RFI responses related to the PREPA mobility program.

Not in PR

50 San Miguel, 

Jorge

9/17/21 0.5 620.00 $ 310.00 $ Participate on the bi-weekly mediation call. PR

50 Smith, James 9/17/21 0.3 750.00 $ 225.00 $ Review open items and update J. San Miguel (ACG) on materials in preparation 

for the bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

9/17/21 1.9 495.00 $ 940.50 $ Participate in working session with G. Loran (AAFAF), V. Gonzales (AAFAF), 

N. Morales (PREPA), J. Adrover (PREPA), J. Medina (OGP) and L. Porter 

(ACG) to revise draft submittal information for the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

Not in PR

3 Marino, 

Nicholas

9/17/21 0.3 495.00 $ 148.50 $ Aggregate supporting materials for submittal to the FOMB related to the Section 

104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

40 Sabbe, Angela 9/17/21 1.7 570.00 $ 969.00 $ Compare data and documents received showing vacation taken by employees 

and previous vacation payouts to determine data on which to rely for the 

analysis of potential excess vacation liability.

Not in PR

50 San Miguel, 

Jorge

9/17/21 0.8 620.00 $ 496.00 $ Review the PREB docket summary in preparation for the bi-weekly mediation 

call.

PR

3 Marino, 

Nicholas

9/17/21 0.4 495.00 $ 198.00 $ Prepare the follow-up request list to the PREPA ERS for missing participant 

loan data received on 9/13/21 related to the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

Not in PR

3 Porter, Lucas 9/17/21 1.7 570.00 $ 969.00 $ Revise analysis of FY 2021 budget variances and prior year budget variances as 

requested by F. Padilla (PREPA) in response to the request received from the 

PREPA Board of Directors.

Not in PR

50 San Miguel, 

Jorge

9/17/21 0.5 620.00 $ 310.00 $ Participate on call with P. Crisalli (ACG) to prepare for the bi-weekly mediation 

call.

PR

3 Porter, Lucas 9/17/21 0.2 570.00 $ 114.00 $ Participate on call with F. Padilla (PREPA) to discuss information request 

related to FY 2021 budget variance analysis and prior year historical data.

Not in PR

3 Marino, 

Nicholas

9/17/21 0.5 495.00 $ 247.50 $ Continue review of Generation directorate budget-to-actual materials to track 

FY 2022 variances ahead of discussion with L. Porter (ACG).

Not in PR

2 Porter, Lucas 9/17/21 0.8 570.00 $ 456.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG), G. Gil (ACG), 

R. Zampierollo (PREPA) and representatives from the FOMB regarding PREPA 

bank account structure and staffing.

Not in PR

50 Keys, Jamie 9/17/21 1.4 330.00 $ 462.00 $ Review the monthly accounts receivable summary report circulated by P. 

Crisalli (ACG).

Not in PR

3 Marino, 

Nicholas

9/17/21 0.5 495.00 $ 247.50 $ Review the draft response submittal to the Section 104c RFI from the FOMB 

regarding the PREPA mobility program prior to submission.

Not in PR

50 Porter, Lucas 9/17/21 0.5 570.00 $ 285.00 $ Participate on the bi-weekly mediation call. Not in PR

Exhibit C

November 1, 2021 / #PR00051 31 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 223 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Marino, 

Nicholas

9/17/21 0.5 495.00 $ 247.50 $ Participate on the bi-weekly mediation call. Not in PR

50 Smith, James 9/17/21 0.2 750.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) to discuss questions and action 

items following the bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

9/17/21 0.4 620.00 $ 248.00 $ Participate in discussion with L. Porter (ACG) regarding revisions to draft 

responses for FOMB related to the PREPA mobility program based on 

additional input received from AAFAF and OGP.

PR

3 Marino, 

Nicholas

9/17/21 0.8 495.00 $ 396.00 $ Revise the draft response letter following working session with L. Porter (ACG), 

N. Morales (PREPA), J. Adrover (PREPA), G. Loran (AAFAF), V. Gonzalez 

(AAFAF) and J. Medina (OGP) for response due on 9/17/21 related to the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

3 Marino, 

Nicholas

9/17/21 0.8 495.00 $ 396.00 $ Participate on call with L. Porter (ACG) to make final revisions to the 9/17/21 

Section 104c RFI responses related to the PREPA mobility program.

Not in PR

3 Porter, Lucas 9/18/21 0.5 570.00 $ 285.00 $ Incorporate updated data from C. Rodriguez (PREPA) into analysis of FY 2021 

and prior year budget and actual financial information for F. Padilla (PREPA).

Not in PR

3 Porter, Lucas 9/18/21 0.2 570.00 $ 114.00 $ Participate on call with F. Padilla (PREPA) to discuss revised requests for 

analysis related to FY 2021 and prior year budget and actual financial 

information.

Not in PR

3 Porter, Lucas 9/18/21 1.3 570.00 $ 741.00 $ Develop summary presentation materials on FY 2021 and prior year budget and 

actual financial data sources requested by F. Padilla (PREPA) and N. Morales 

(PREPA) for the PREPA Board of Directors meeting.

Not in PR

6 Gil, Gerard 9/18/21 0.6 500.00 $ 300.00 $ Review materials related to the shared services between PREPA and the T&D 

O&M Operator, prepared by L. Porter (ACG), prior to submission to F. Padilla 

(PREPA) to respond to the RFI received from the Puerto Rico Legislature.

PR

3 Porter, Lucas 9/18/21 0.9 570.00 $ 513.00 $ Analyze FY 2021 and prior year historical financial information provided by L. 

Matias (PREPA) and C. Rodriguez (PREPA) to inform response to F. Padilla 

(PREPA). 

Not in PR

3 Gil, Gerard 9/18/21 1.0 500.00 $ 500.00 $ Participate on calls with F. Padilla (PREPA) to discuss request for historical 

budget-to-actuals variance analysis.

PR

3 Gil, Gerard 9/18/21 0.8 500.00 $ 400.00 $ Participate on call with L. Porter (ACG) to discuss updated requests related to 

FY 2021 and prior year budget and actual financial information.

PR

3 Gil, Gerard 9/18/21 0.5 500.00 $ 250.00 $ Review and analyze generation directorate budget-to-actuals data for FY 2010 - 

FY 2015 in relation to budget variance analysis requested by F. Padilla 

(PREPA).

PR

3 Porter, Lucas 9/18/21 1.1 570.00 $ 627.00 $ Review financial information provided by L. Matias (PREPA) related to FY 

2021 and prior year financial information for budget variance analysis requested 

by F. Padilla (PREPA).

Not in PR

3 Gil, Gerard 9/18/21 1.3 500.00 $ 650.00 $ Review and analyze materials provided by F. Padilla (PREPA) regarding O&M 

and necessary maintenance expenditures to inform historical budget variance 

analysis.

PR

3 Porter, Lucas 9/18/21 0.6 570.00 $ 342.00 $ Review FY 2021 and prior year budget and actual financial data provided by G. 

Gil (ACG) to confirm consistency for response to F. Padilla (PREPA) 

information request.

Not in PR

3 Gil, Gerard 9/18/21 0.2 500.00 $ 100.00 $ Participate on call with L. Matias (PREPA) regarding FY 2010 - FY 2021 

budget-to-actuals data to inform budget variance analysis requested by F. Padilla 

(PREPA).

PR

3 Gil, Gerard 9/18/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss the revised RFI received 

from F. Padilla (PREPA) related to the FY 2021 budget and prior year financial 

information.

PR

3 Gil, Gerard 9/18/21 0.6 500.00 $ 300.00 $ Review data provided by C. Rodriguez (PREPA) regarding necessary 

maintenance expenses to inform budget variance analysis requested by F. 

Padilla (PREPA).

PR

3 Porter, Lucas 9/18/21 0.6 570.00 $ 342.00 $ Review materials received from F. Padilla (PREPA) containing summary results 

of FY 2021 and prior year budget and actual financial information to confirm 

consistency.

Not in PR

3 Porter, Lucas 9/18/21 0.2 570.00 $ 114.00 $ Participate on call with F. Padilla (PREPA) to discuss revisions to analysis and 

presentation materials related to FY 2021 and prior year budget and actual 

financial information.

Not in PR

3 Porter, Lucas 9/18/21 0.8 570.00 $ 456.00 $ Participate on call with G. Gil (ACG) to discuss updated requests related to FY 

2021 and prior year budget and actual financial information.

Not in PR

3 Porter, Lucas 9/18/21 0.6 570.00 $ 342.00 $ Revise presentation materials as requested by F. Padilla (PREPA) related to FY 

2021 and prior year budget and actual financial information in advance of the 

PREPA Board of Directors meeting.

Not in PR

3 Porter, Lucas 9/18/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss the revised RFI received from 

F. Padilla (PREPA) related to the FY 2021 budget and prior year financial 

information.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 32 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 224 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 9/18/21 0.9 570.00 $ 513.00 $ Analyze additional FY 2021 and prior year budget and actual financial data 

sources provided by F. Padilla (PREPA) and N. Morales (PREPA) to inform 

presentation materials for the PREPA Board of Directors meeting.

Not in PR

40 Sabbe, Angela 9/19/21 2.5 570.00 $ 1,425.00 $ Compare data and documents received showing vacation taken by employees 

and previous vacation payouts to determine data on which to rely for the 

analysis of potential excess vacation liability.

Not in PR

40 Sabbe, Angela 9/19/21 2.0 570.00 $ 1,140.00 $ Preliminary modeling of excess vacation time as described in the Arbitration 

Award.

Not in PR

40 Sabbe, Angela 9/20/21 2.0 570.00 $ 1,140.00 $ Perform evaluation and validation of documents received from PREPA to 

determine best sources of data to use for modeling of excess vacation time as 

described in the Arbitration Award.

Not in PR

2 Crisalli, Paul 9/20/21 0.5 875.00 $ 437.50 $ Develop correspondence to Luma and PREPA regarding weekly budget versus 

actual cash flow variances.

Not in PR

3 Marino, 

Nicholas

9/20/21 0.7 495.00 $ 346.50 $ Continue drafting the follow-up request list to PREPA ERS for missing 

participant loan data received on 9/13/21 per the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

Not in PR

6 Gil, Gerard 9/20/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) to discuss 

status updates related to the P3 Authority generation transformation transaction 

RFP.

PR

3 Gil, Gerard 9/20/21 0.1 500.00 $ 50.00 $ Review correspondence from K. Bolanos (DV) regarding FY 2022 fiscal plan 

implementation.

PR

2 Crisalli, Paul 9/20/21 0.9 875.00 $ 787.50 $ Review accounts payable information related to various fuel and purchased 

power vendors and request additional supplier payment history data from J. 

Roque (Luma) to inform the cash flow forecast.

Not in PR

3 Gil, Gerard 9/20/21 0.6 500.00 $ 300.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

50 Marino, 

Nicholas

9/20/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/1/21 bi-weekly mediation call. 

Not in PR

3 Porter, Lucas 9/20/21 0.9 570.00 $ 513.00 $ Prepare FY 2022 budget support document with calculations for Y. Hickey 

(FOMB) to inform response to the FOMB RFI regarding historical generation 

costs. 

Not in PR

3 Porter, Lucas 9/20/21 0.8 570.00 $ 456.00 $ Participate in discussion with J. San Miguel (ACG) regarding follow-up 

response to PREPA ERS data related to the PREPA mobility program.

Not in PR

6 San Miguel, 

Jorge

9/20/21 0.5 620.00 $ 310.00 $ Participate on call with L. Porter (ACG) and G. Gil (ACG) to discuss status 

updates related to the P3 Authority generation transformation transaction RFP.

PR

2 Crisalli, Paul 9/20/21 0.2 875.00 $ 175.00 $ Correspond with J. Roque (Luma) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

3 San Miguel, 

Jorge

9/20/21 0.8 620.00 $ 496.00 $ Participate in discussion with L. Porter (ACG) regarding follow-up response to 

PREPA ERS data related to the PREPA mobility program.

PR

3 Porter, Lucas 9/20/21 0.3 570.00 $ 171.00 $ Review ERS responding information provided by N. Morales (PREPA) for the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

2 Keys, Jamie 9/20/21 0.4 330.00 $ 132.00 $ Revise the cash flow outputs per comments provided by P. Crisalli (ACG). Not in PR

2 Keys, Jamie 9/20/21 0.3 330.00 $ 99.00 $ Prepare summary email of suggested changes for the cash flow outputs for 

review by P. Crisalli (ACG).

Not in PR

3 Gil, Gerard 9/20/21 0.7 500.00 $ 350.00 $ Participate on call with F. Padilla (PREPA) to discuss update on response to 

information requests from Puerto Rico Legislature on PREPA's budget 

execution performance, and related FY 2022 fiscal plan implementation matters.

PR

3 Gil, Gerard 9/20/21 0.1 500.00 $ 50.00 $ Participate on call with F. Padilla (PREPA) to discuss response to information 

requests received from Puerto Rico Legislature related to PREPA's budget 

execution performance.

PR

6 Porter, Lucas 9/20/21 0.6 570.00 $ 342.00 $ Prepare P3 Authority generation transformation transaction due diligence 

materials to inform response to Y. Hickey (FOMB) related to historical 

generation costs. 

Not in PR

25 Keys, Jamie 9/20/21 2.2 330.00 $ 726.00 $ Review the current draft of the Ankura August 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

3 San Miguel, 

Jorge

9/20/21 0.6 620.00 $ 372.00 $ Participate on call with N. Marino (ACG) to discuss follow-up tasks regarding 

the Section 104c RFI from the FOMB regarding the PREPA mobility program 

and additional information from PREPA ERS.

PR

3 Keys, Jamie 9/20/21 0.6 330.00 $ 198.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Marino, 

Nicholas

9/20/21 0.5 495.00 $ 247.50 $ Participate on call with N. Morales (PREPA), J. San Miguel (ACG) and L. 

Porter (ACG) to discuss ERS responding information to the Section 104c RFI 

from the FOMB regarding the PREPA mobility program.

Not in PR

6 Porter, Lucas 9/20/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) to discuss status 

updates related to the P3 Authority generation transformation transaction RFP.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 33 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 225 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Marino, 

Nicholas

9/20/21 0.6 495.00 $ 297.00 $ Participate on call with J. San Miguel (ACG) to discuss follow-up tasks 

regarding the Section 104c RFI from the FOMB regarding the PREPA mobility 

program and additional information from PREPA ERS.

Not in PR

3 Gil, Gerard 9/20/21 0.2 500.00 $ 100.00 $ Correspond with F. Padilla (PREPA) regarding requests received from Puerto 

Rico Legislature related to PREPA's budget execution performance.

PR

3 Porter, Lucas 9/20/21 0.4 570.00 $ 228.00 $ Review the updated draft FY 2021 budget variance report from A. Cabrera (FW) 

related to FY 2021 fiscal plan reporting.

Not in PR

3 Porter, Lucas 9/20/21 0.2 570.00 $ 114.00 $ Review FOMB letter from K. Bolanos (DV) related to FY 2022 fiscal plan 

implementation.

Not in PR

3 Marino, 

Nicholas

9/20/21 0.7 495.00 $ 346.50 $ Conduct additional analysis of Generation directorate budget-to-actual materials 

to track FY 2022 variances following discussion with L. Porter (ACG).

Not in PR

40 San Miguel, 

Jorge

9/20/21 0.9 620.00 $ 558.00 $ Review arbitration opinions and summarize concluding arbitration clauses 

requested by A. Sabbe (ACG) in support of the PREPA FY 2019 audited 

financial statements.

PR

3 Porter, Lucas 9/20/21 0.6 570.00 $ 342.00 $ Review responding documents from N. Marino (ACG) related to follow-up 

requests for the Section 104c RFI from the FOMB regarding the PREPA 

mobility program.

Not in PR

50 Smith, James 9/20/21 0.2 750.00 $ 150.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information in support of the creditor 

reporting workstream.

Not in PR

3 Porter, Lucas 9/20/21 0.2 570.00 $ 114.00 $ Review list of information requests from J. San Miguel (ACG) for FOMB 

related to FY 2022 fiscal plan implementation.

Not in PR

3 Marino, 

Nicholas

9/20/21 0.6 495.00 $ 297.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

51 San Miguel, 

Jorge

9/20/21 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding inquiry received from 

N. Morales (PREPA) related to the status of payments to emergency vendors.

PR

40 San Miguel, 

Jorge

9/20/21 0.2 620.00 $ 124.00 $ Participate in discussion with M. DiConza (OMM) regarding statistical 

validation work and list of issues for consideration from arbitration decision.

PR

2 Crisalli, Paul 9/20/21 1.1 875.00 $ 962.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

2 Crisalli, Paul 9/20/21 0.3 875.00 $ 262.50 $ Correspondence with J. Roque (Luma) regarding fuel and purchased power 

supplier payment and invoice information.

Not in PR

3 Marino, 

Nicholas

9/20/21 0.4 495.00 $ 198.00 $ Finalize draft of the follow-up request list to PREPA ERS for missing 

participant loan data received on 9/13/21 per the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

Not in PR

2 Crisalli, Paul 9/20/21 0.8 875.00 $ 700.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

2 Crisalli, Paul 9/20/21 0.3 875.00 $ 262.50 $ Update the detailed employee disbursement budget versus actual cash flow 

variance and provide to E. Ortiz (PREPA).

Not in PR

3 Crisalli, Paul 9/20/21 0.6 875.00 $ 525.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

2 Keys, Jamie 9/20/21 2.0 330.00 $ 660.00 $ Prepare the weekly cash flow outputs for the week ended 9/17/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Smith, James 9/20/21 0.6 750.00 $ 450.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

40 Carr, Scott 9/20/21 4.5 615.00 $ 2,767.50 $ Prepare draft report with assistance from computerized statistical analysis on 

estimation of PREPA's excess vacation liability.

Not in PR

2 Crisalli, Paul 9/20/21 0.7 875.00 $ 612.50 $ Develop support schedule of bank account questions received from the FOMB 

for follow-up with PREPA.

Not in PR

40 San Miguel, 

Jorge

9/20/21 0.6 620.00 $ 372.00 $ Prepare response to A. Sabbe (ACG) related to the statistical validation analysis 

for PREPA in support of the FY 2019 audited financial statements.

PR

2 Keys, Jamie 9/20/21 0.5 330.00 $ 165.00 $ Review the cash flow source documents provided by J. Roque (Luma) to inform 

the weekly cash flow reporting.

Not in PR

3 San Miguel, 

Jorge

9/20/21 0.6 620.00 $ 372.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

3 San Miguel, 

Jorge

9/20/21 0.5 620.00 $ 310.00 $ Participate on call with N. Morales (PREPA), L. Porter (ACG) and N. Marino 

(ACG) to discuss ERS responding information to the Section 104c RFI from the 

FOMB regarding the PREPA mobility program.

PR

51 Crisalli, Paul 9/20/21 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding inquiry received 

from N. Morales (PREPA) related to the status of payments to emergency 

vendors.

Not in PR

3 Porter, Lucas 9/20/21 0.6 570.00 $ 342.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Marino, 

Nicholas

9/20/21 1.1 495.00 $ 544.50 $ Participate in working session with L. Porter (ACG) to review PREPA financial 

information to inform development of the monthly FY 2022 budget-to-actual 

variance report for F. Padilla (PREPA).

Not in PR

Exhibit C

November 1, 2021 / #PR00051 34 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 226 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 9/20/21 0.4 570.00 $ 228.00 $ Prepare responding narrative submittal with support documents for Y. Hickey 

(FOMB) to inform response to the FOMB RFI regarding historical generation 

costs. 

Not in PR

3 Porter, Lucas 9/20/21 1.1 570.00 $ 627.00 $ Participate in working session with N. Marino (ACG) to review PREPA 

financial information to inform development of the monthly FY 2022 budget-toactual variance report for F. Padilla (PREPA).

Not in PR

3 Marino, 

Nicholas

9/20/21 0.8 495.00 $ 396.00 $ Continue review of Generation directorate budget-to-actual materials to track 

FY 2022 variances prior to discussion with L. Porter (ACG).

Not in PR

3 Porter, Lucas 9/20/21 0.2 570.00 $ 114.00 $ Review monthly PREPA financial information received from N. Morales 

(PREPA) in preparation for meeting with N. Marino (ACG) regarding the 

monthly FY 2022 budget-to-actual variance report for F. Padilla (PREPA).

Not in PR

3 Porter, Lucas 9/20/21 0.5 570.00 $ 285.00 $ Participate on call with N. Morales (PREPA), J. San Miguel (ACG) and N. 

Marino (ACG) to discuss ERS responding information to the Section 104c RFI 

from the FOMB regarding the PREPA mobility program.

Not in PR

50 Marino, 

Nicholas

9/21/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/1/21 bi-weekly mediation call. 

Not in PR

25 Parker, 

Christine

9/21/21 1.8 200.00 $ 360.00 $ Assemble time descriptions for the period 9/12/21 - 9/18/21 for inclusion in the 

Ankura September 2021 monthly fee statement.

Not in PR

2 Keys, Jamie 9/21/21 0.5 330.00 $ 165.00 $ Review the weekly cash flow forecast presentation circulated by P. Crisalli 

(ACG).

Not in PR

51 Keys, Jamie 9/21/21 0.9 330.00 $ 297.00 $ Participate on telephone call with S. Diaz (ARI) regarding the status of 

emergency vendor RFRs and additional reimbursements.

Not in PR

2 Porter, Lucas 9/21/21 0.7 570.00 $ 399.00 $ Prepare comments related to the draft bank account schedule from P. Crisalli 

(ACG) to inform responses to the FOMB RFI.

Not in PR

2 San Miguel, 

Jorge

9/21/21 0.6 620.00 $ 372.00 $ Participate on call with M. DiConza (OMM), N. Morales (PREPA), E. Abbott 

(BD), P. Crisalli (ACG) and A. Diaz (DV) regarding status of emergency vendor 

payments, invoices, amounts outstanding and FEMA proceeds to inform cash 

flow reporting (partial).

PR

60 Costa, Lindsey 9/21/21 0.8 460.00 $ 368.00 $ Participate in discussion with J. Dirlam (ACG) and J. Ciancanelli (ACG) 

regarding Credit Value Adjustment methodology based on discussions with 

Bloomberg to inform the 6/30/20 SWAP valuation.

Not in PR

6 San Miguel, 

Jorge

9/21/21 0.8 620.00 $ 496.00 $ Participate in meeting with G. Gil (ACG) to discuss GridCo-GenCo Operating 

Agreement draft items and PREPA Reorganization Plan.

PR

40 Carr, Scott 9/21/21 4.7 615.00 $ 2,890.50 $ Analyze data to develop estimate of PREPA's excess vacation liability. Not in PR

60 Dirlam, Josh 9/21/21 0.8 293.00 $ 234.40 $ Participate in discussion with L. Costa (ACG) and J. Ciancanelli (ACG) 

regarding Credit Value Adjustment methodology based on discussions with 

Bloomberg to inform the 6/30/20 SWAP valuation.

Not in PR

2 San Miguel, 

Jorge

9/21/21 0.8 620.00 $ 496.00 $ Review the bank account information provided by Luma to inform response to 

the FOMB RFI related to the nature of restrictions on PREPA bank accounts.

PR

40 Carr, Scott 9/21/21 1.2 615.00 $ 738.00 $ Participate in meeting with J. Adrover (PREPA), N. Irizarry (AAFAF), N. 

Morales (PREPA), J. San Miguel (ACG), A. Sabbe (ACG) and M. DiConza 

(OMM) regarding statistical validation work in support of the FY 2019 financial 

statement audit process with KPMG.

Not in PR

25 Parker, 

Christine

9/21/21 0.7 200.00 $ 140.00 $ Participate on telephone call with J. Keys (ACG) regarding updates to the 

Ankura twelfth interim fee application exhibits.

Not in PR

3 Gil, Gerard 9/21/21 1.2 500.00 $ 600.00 $ Review FOMB materials from last public meeting and related public statements 

regarding the PREPA restructuring to advance FY 2022 fiscal plan 

implementation. 

PR

40 San Miguel, 

Jorge

9/21/21 1.6 620.00 $ 992.00 $ Participate in meeting with S. Carr (ACG) and A. Sabbe (ACG) to review and 

discuss data supporting litigation claim validation project in support of FY 2019 

audited financial statements.

PR

40 San Miguel, 

Jorge

9/21/21 0.6 620.00 $ 372.00 $ Participate on call with N. Morales (PREPA) regarding validations and 

statistical analysis related to litigation claim in support of FY 2019 audited 

financial statements.

PR

25 Keys, Jamie 9/21/21 1.2 330.00 $ 396.00 $ Review the current draft of the Ankura 12th interim fee application. Not in PR

6 Porter, Lucas 9/21/21 0.9 570.00 $ 513.00 $ Prepare responding information for P3 Authority related to FY 2022 fiscal plan 

and budget to inform P3 Authority generation transformation transaction due 

diligence.

Not in PR

40 San Miguel, 

Jorge

9/21/21 1.2 620.00 $ 744.00 $ Participate in meeting with J. Adrover (PREPA), N. Irizarry (AAFAF), N. 

Morales (PREPA), S. Carr (ACG), A. Sabbe (ACG) and M. DiConza (OMM) 

regarding statistical validation work in support of the FY 2019 financial 

statement audit process with KPMG.

PR

2 Crisalli, Paul 9/21/21 0.8 875.00 $ 700.00 $ Participate on call with M. DiConza (OMM), N. Morales (PREPA), E. Abbott 

(BD), J. San Miguel (ACG) and A. Diaz (DV) regarding status of emergency 

vendor payments, invoices, amounts outstanding and FEMA proceeds to inform 

cash flow reporting.

Not in PR

6 Porter, Lucas 9/21/21 1.2 570.00 $ 684.00 $ Analyze recommendations included in prior draft independent engineer reports 

from L. Bledin (S&L) to inform P3 Authority generation transformation 

transaction due diligence.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 35 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 227 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 San Miguel, 

Jorge

9/21/21 0.4 620.00 $ 248.00 $ Review spreadsheet with PREPA restricted bank accounts and RFI in advance 

of discussion with N. Morales (PREPA).

PR

60 Ciancanelli, 

John

9/21/21 0.5 665.00 $ 332.50 $ Participate in discussion with L. Costa (ACG) and J. Dirlam (ACG) regarding 

Credit Value Adjustment methodology based on discussions with Bloomberg to 

inform the 6/30/20 SWAP valuation (partial).

Not in PR

40 Carr, Scott 9/21/21 1.6 615.00 $ 984.00 $ Participate in meeting with J. San Miguel (ACG) and A. Sabbe (ACG) to review 

and discuss data supporting litigation claim validation project in support of FY 

2019 audited financial statements.

Not in PR

6 Porter, Lucas 9/21/21 0.8 570.00 $ 456.00 $ Participate on calls with G. Gil (ACG) to discuss comments to the draft GridCoGenCo Operating Agreement.

Not in PR

40 Sabbe, Angela 9/21/21 0.8 570.00 $ 456.00 $ Participate in meeting with J. San Miguel (ACG) and S. Carr (ACG) to review 

and discuss data supporting litigation claim validation project in support of FY 

2019 audited financial statements (partial).

Not in PR

51 Crisalli, Paul 9/21/21 0.3 875.00 $ 262.50 $ Prepare for call with O'Melveny & Myers, PREPA, Diaz & Vazquez and Baker 

Donelson regarding status of emergency supplier invoices, payments and FEMA 

proceeds.

Not in PR

3 Keys, Jamie 9/21/21 1.2 330.00 $ 396.00 $ Review and update the latest Annual Financial Information and Operating Data 

Report tracker provided by N. Marino (ACG).

Not in PR

60 Dirlam, Josh 9/21/21 2.5 293.00 $ 732.50 $ Prepare the 2020 bond issuer list for manual confirmation of Moody's credit 

rating using Aa2, A2, and Baa2 bond issues as of 6/30/20 and 6/30/21 to 

support the Credit Value Adjustment analysis.

Not in PR

3 Gil, Gerard 9/21/21 0.3 500.00 $ 150.00 $ Review letter from the FOMB regarding the PREPA Reorganization Plan and 

related requests for information.

PR

2 Crisalli, Paul 9/21/21 0.5 875.00 $ 437.50 $ Participate on call with J. San Miguel (ACG) regarding work plan related to 

analysis of emergency supplier invoices, payments and FEMA proceeds and 

other cash flow and liquidity matters.

Not in PR

25 Keys, Jamie 9/21/21 0.7 330.00 $ 231.00 $ Participate on telephone call with C. Parker (ACG) regarding updates to the 

Ankura twelfth interim fee application exhibits.

Not in PR

25 Crisalli, Paul 9/21/21 3.6 875.00 $ 3,150.00 $ Begin review of Exhibits A, B and C to the Ankura August 2021 monthly fee 

statement.

Not in PR

60 Dirlam, Josh 9/21/21 2.5 293.00 $ 732.50 $ Prepare the 2021 bond issuer list for manual confirmation of Moody's credit 

rating using Aa2, A2, and Baa2 bond issues as of 6/30/20 and 6/30/21 to 

support the Credit Value Adjustment analysis.

Not in PR

2 San Miguel, 

Jorge

9/21/21 0.5 620.00 $ 310.00 $ Participate on call with P. Crisalli (ACG) regarding work plan related to analysis 

of emergency supplier invoices, payments and FEMA proceeds and other cash 

flow and liquidity matters.

PR

6 Gil, Gerard 9/21/21 0.8 500.00 $ 400.00 $ Participate in meeting with J. San Miguel (ACG) to discuss GridCo-GenCo 

Operating Agreement draft items and PREPA Reorganization Plan.

PR

25 Parker, 

Christine

9/21/21 1.4 200.00 $ 280.00 $ Update Exhibits A, B and C of the Ankura September 2021 monthly fee 

statement for information currently available.

Not in PR

2 Crisalli, Paul 9/21/21 0.6 875.00 $ 525.00 $ Review the additional supplier payment history information for renewable and 

fleet and storage suppliers and update related support schedules to inform cash 

flow forecasting.

Not in PR

2 Porter, Lucas 9/21/21 0.4 570.00 $ 228.00 $ Review draft bank account schedule with descriptive information prepared by P. 

Crisalli (ACG) to inform responses to the FOMB RFI.

Not in PR

40 Sabbe, Angela 9/21/21 1.2 570.00 $ 684.00 $ Participate in meeting with J. Adrover (PREPA), N. Irizarry (AAFAF), N. 

Morales (PREPA), S. Carr (ACG), J. San Miguel (ACG) and M. DiConza 

(OMM) regarding statistical validation work in support of the FY 2019 financial 

statement audit process with KPMG.

Not in PR

60 Cahill, Claire 9/21/21 3.2 293.00 $ 937.60 $ Manually verify Issuer Credit Ratings of Aa2, A2 and Baa2 Moody's rated bonds 

as of 6/30/20 on Moody's website to incorporate into the Credit Value 

Adjustment analysis.

Not in PR

3 Gil, Gerard 9/21/21 0.4 500.00 $ 200.00 $ Review and analyze RFI from FOMB regarding FY 2022 labor expenses, cash 

accounts and other FY 2022 fiscal plan-related matters.

PR

51 Gil, Gerard 9/21/21 0.3 500.00 $ 150.00 $ Participate on the weekly conference call with various representatives of King & 

Spalding, PREPA and other PREPA advisors to discuss federal funding matters, 

challenges and next steps.

PR

25 Keys, Jamie 9/21/21 3.1 330.00 $ 1,023.00 $ Review the current draft of the Ankura August 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

6 Porter, Lucas 9/21/21 0.6 570.00 $ 342.00 $ Review initial draft independent engineer report from L. Bledin (S&L) to inform 

P3 Authority generation transformation transaction due diligence.

Not in PR

2 Crisalli, Paul 9/21/21 0.6 875.00 $ 525.00 $ Develop correspondence to N. Morales (PREPA) regarding follow-up questions 

received from the FOMB regarding PREPA bank accounts.

Not in PR

6 Gil, Gerard 9/21/21 0.8 500.00 $ 400.00 $ Participate on calls with L. Porter (ACG) to discuss comments to the draft 

GridCo-GenCo Operating Agreement.

PR

6 Porter, Lucas 9/22/21 0.6 570.00 $ 342.00 $ Revise the updated draft GridCo-GenCo Operating Agreement received from G. 

Gil (ACG).

Not in PR

50 Crisalli, Paul 9/22/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

Exhibit C

November 1, 2021 / #PR00051 36 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 228 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

25 Crisalli, Paul 9/22/21 3.8 875.00 $ 3,325.00 $ Continue review of Exhibit C to the Ankura August 2021 monthly fee 

statement.

Not in PR

50 Smith, James 9/22/21 0.4 750.00 $ 300.00 $ Compile daily generation operations data and forecasts received from G. Soto 

(Luma) in support of the creditor reporting workstream.

Not in PR

6 Porter, Lucas 9/22/21 1.6 570.00 $ 912.00 $ Participate in working session with G. Gil (ACG) to revise and provide 

comments to the latest draft GridCo-GenCo Operating Agreement received from 

K. Findley (Luma).

Not in PR

40 Sabbe, Angela 9/22/21 0.3 570.00 $ 171.00 $ Participate in meeting with S. Carr (ACG) and discuss methodology to analyze 

excess vacation time.

Not in PR

50 Keys, Jamie 9/22/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding changes to the FEMA flash report. Not in PR

50 Keys, Jamie 9/22/21 0.7 330.00 $ 231.00 $ Prepare the weekly reporting package for distribution. Not in PR

50 Keys, Jamie 9/22/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

40 San Miguel, 

Jorge

9/22/21 0.3 620.00 $ 186.00 $ Review additional RFI items discussed with A. Sabbe (ACG) in preparation for 

discussion with J. Adrover (PREPA) related to the 2019 financial statement 

audit process.

PR

40 Sabbe, Angela 9/22/21 1.1 570.00 $ 627.00 $ Participate in meeting with J. Adrover (PREPA), N. Morales (PREPA), N. 

Irizarry (AAFAF), L. Matias (PREPA ), J. San Miguel (ACG), S. Carr (ACG) 

and KPMG representatives to discuss validation process and status.

Not in PR

40 Carr, Scott 9/22/21 0.3 615.00 $ 184.50 $ Participate in meeting with A. Sabbe (ACG) and discuss methodology to 

analyze excess vacation time.

Not in PR

3 Smith, James 9/22/21 1.1 750.00 $ 825.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system status updates to inform FY 2022 fiscal plan reporting.

Not in PR

60 Dirlam, Josh 9/22/21 1.5 293.00 $ 439.50 $ Continue to manually verify Issuer Moody's Credit Ratings for Baa2 bond issues 

as of 6/30/20 to incorporate into the Credit Value Adjustment analysis.

Not in PR

50 Keys, Jamie 9/22/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast documents prior to distribution of the 

weekly reporting package.

Not in PR

3 Porter, Lucas 9/22/21 1.1 570.00 $ 627.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system status updates to inform FY 2022 fiscal plan reporting.

Not in PR

50 Marino, 

Nicholas

9/22/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/1/21 bi-weekly mediation call. 

Not in PR

40 San Miguel, 

Jorge

9/22/21 0.5 620.00 $ 310.00 $ Review additional information provided by J. Adrover (PREPA) in support of 

statistical validation work for 2019 audit process for discussion with S. Carr 

(ACG) and A. Sabbe (ACG) and preparation for meeting.

PR

2 Crisalli, Paul 9/22/21 0.5 875.00 $ 437.50 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

6 Porter, Lucas 9/22/21 0.3 570.00 $ 171.00 $ Review comments received from G. Gil (ACG) to the latest draft GridCo-GenCo 

Operating Agreement.

Not in PR

40 San Miguel, 

Jorge

9/22/21 1.1 620.00 $ 682.00 $ Participate in meeting with J. Adrover (PREPA), N. Morales (PREPA), N. 

Irizarry (AAFAF), L. Matias (PREPA ), A. Sabbe (ACG), S. Carr (ACG) and 

KPMG representatives to discuss validation process and status.

PR

2 Crisalli, Paul 9/22/21 0.3 875.00 $ 262.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

60 Cahill, Claire 9/22/21 0.5 293.00 $ 146.50 $ Manually verify Issuer Credit Ratings of Aa2, A2, and Baa2 Moody's rated 

bonds as of 6/30/20 on Moody's website to incorporate into the Credit Value 

Adjustment analysis.

Not in PR

50 Keys, Jamie 9/22/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

50 Crisalli, Paul 9/22/21 0.3 875.00 $ 262.50 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

25 Parker, 

Christine

9/22/21 2.3 200.00 $ 460.00 $ Review time descriptions to the Ankura September 2021 monthly fee statement 

for information currently assembled.

Not in PR

3 Porter, Lucas 9/22/21 0.3 570.00 $ 171.00 $ Analyze PREPA ERS financial reports to inform response to AAFAF regarding 

pension cost assumptions included in FY 2022 fiscal plan.

Not in PR

50 Keys, Jamie 9/22/21 0.7 330.00 $ 231.00 $ Review the weekly project worksheet status report provided by S. Diaz (ARI) 

for use in the weekly FEMA flash report.

Not in PR

2 Crisalli, Paul 9/22/21 0.4 875.00 $ 350.00 $ Finalize the cash flow reporting for week ended 9/17/21. Not in PR

3 Porter, Lucas 9/22/21 0.5 570.00 $ 285.00 $ Prepare and send responding information to AAFAF regarding pension cost 

assumptions included in FY 2022 fiscal plan.

Not in PR

50 San Miguel, 

Jorge

9/22/21 1.7 620.00 $ 1,054.00 $ Review the PREB technical hearing on energy rate adjustment filing to inform 

discussion points for the 10/1/21 bi-weekly mediation call.

PR

3 Porter, Lucas 9/22/21 0.2 570.00 $ 114.00 $ Correspond with R. Zampierollo (PREPA) regarding FY 2022 fiscal plan 

implementation.

Not in PR

40 San Miguel, 

Jorge

9/22/21 0.6 620.00 $ 372.00 $ Review statutory information provided by S. Carr (ACG) for discussion with 

PREPA related to statistical validation process for excess vacation claims 

related to the 2019 audit process.

PR

Exhibit C

November 1, 2021 / #PR00051 37 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 229 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Porter, Lucas 9/22/21 0.6 570.00 $ 342.00 $ Review the updated daily generation reports received from G. Soto (Luma) to 

inform development of the generation operational report for the week ending 

9/19/21 required by the FY 2022 fiscal plan.

Not in PR

6 Gil, Gerard 9/22/21 1.6 500.00 $ 800.00 $ Participate in working session with L. Porter (ACG) to revise and provide 

comments to the latest draft GridCo-GenCo Operating Agreement received from 

K. Findley (Luma).

PR

3 Porter, Lucas 9/22/21 0.2 570.00 $ 114.00 $ Review updated P3 Authority generation transformation transaction RFP 

timeline information received from P3 Authority to inform FY 2022 fiscal plan 

reporting.

Not in PR

50 Smith, James 9/22/21 1.0 750.00 $ 750.00 $ Watch PREB technical hearing (partial) and review presentation material in 

regards to fuel price adjustment presented by Luma in support of the creditor 

reporting workstream.

Not in PR

60 Dirlam, Josh 9/22/21 3.5 293.00 $ 1,025.50 $ Manually verify Issuer Moody's Credit Ratings for Baa2 bond issues as of 

6/30/20 to incorporate into the Credit Value Adjustment analysis.

Not in PR

40 Carr, Scott 9/22/21 1.1 615.00 $ 676.50 $ Participate in meeting with J. Adrover (PREPA), N. Morales (PREPA), N. 

Irizarry (AAFAF), L. Matias (PREPA ), A. Sabbe (ACG), J. San Miguel (ACG) 

and KPMG representatives to discuss validation process and status.

Not in PR

2 Crisalli, Paul 9/22/21 1.0 875.00 $ 875.00 $ Participate on call with N. Morales (PREPA) and J. Roque (Luma) regarding the 

FOMB RFI related to PREPA bank accounts.

Not in PR

2 Crisalli, Paul 9/22/21 0.3 875.00 $ 262.50 $ Prepare for call with N. Morales (PREPA) and J. Roque (Luma) regarding the 

FOMB RFI related to PREPA bank accounts.

Not in PR

3 Porter, Lucas 9/22/21 1.4 570.00 $ 798.00 $ Prepare the generation operational report for the week ending 9/19/21 based on 

data received from G. Soto (Luma) for FOMB as required by the FY 2022 fiscal 

plan.

Not in PR

50 Keys, Jamie 9/22/21 1.1 330.00 $ 363.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution of the weekly reporting package.

Not in PR

40 Carr, Scott 9/22/21 3.9 615.00 $ 2,398.50 $ Prepare draft report of PREPA excess vacation time estimate. Not in PR

51 Keys, Jamie 9/22/21 0.4 330.00 $ 132.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to the 

weekly project worksheet status report.

Not in PR

50 Keys, Jamie 9/22/21 1.1 330.00 $ 363.00 $ Prepare the weekly FEMA flash report for the week ended 9/17/21 for review by 

P. Crisalli (ACG).

Not in PR

40 Sabbe, Angela 9/23/21 0.3 570.00 $ 171.00 $ Review data and documents received to determine relevance to excess vacation 

analysis.

Not in PR

3 Marino, 

Nicholas

9/23/21 0.2 495.00 $ 99.00 $ Review materials received from G. Loran (AAFAF) related to Appendix A to the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

6 Porter, Lucas 9/23/21 0.4 570.00 $ 228.00 $ Analyze comments received from K. Findley (Luma) regarding changes to the 

GridCo-GenCo Operating Agreement.

Not in PR

3 Porter, Lucas 9/23/21 0.5 570.00 $ 285.00 $ Review updated draft fleet status report from J. Smith (ACG) for submittal to 

the FOMB for FY 2022 fiscal plan reporting.

Not in PR

40 Movaghar, 

Veeda

9/23/21 0.5 305.00 $ 152.50 $ Participate in working session with N. Bailey (ACG) to determine immediate 

data needs and gaps for analysis of potential excess vacation liability.

Not in PR

40 San Miguel, 

Jorge

9/23/21 1.9 620.00 $ 1,178.00 $ Review and prepare comments on PREPA excess vacation case, arbitration 

laudos of 2012 and 2015 case A-00-23 for discussion with S. Carr (ACG) in 

support of validation work requested by N. Morales (PREPA) for 2019 financial 

statement audit.

PR

2 Porter, Lucas 9/23/21 0.3 570.00 $ 171.00 $ Review and revise summary of bank account listings for P. Crisalli (ACG) to 

inform response to the FOMB RFI.

Not in PR

3 Porter, Lucas 9/23/21 0.4 570.00 $ 228.00 $ Prepare and send follow up information requests to L. Matias (PREPA) 

regarding PREPA audited financial statements for FY 2022 fiscal plan 

implementation.

Not in PR

40 Carr, Scott 9/23/21 4.2 615.00 $ 2,583.00 $ Prepare draft report of PREPA excess vacation time estimate. Not in PR

25 Parker, 

Christine

9/23/21 0.3 200.00 $ 60.00 $ Participate on telephone call with J. Keys (ACG) regarding suggested changes 

to the Ankura twelfth interim fee application exhibits.

Not in PR

3 Porter, Lucas 9/23/21 0.5 570.00 $ 285.00 $ Review draft responding materials from K. Bolanos (DV) related to the PREPA 

Reorganization Plan submittal required by FY 2022 fiscal plan.

Not in PR

6 Gil, Gerard 9/23/21 0.3 500.00 $ 150.00 $ Review comments received from K. Findley (Luma) regarding changes to the 

GridCo-GenCo Operating Agreement.

PR

3 Marino, 

Nicholas

9/23/21 1.1 495.00 $ 544.50 $ Aggregate outstanding items list related to the Appendix A to the Section 104c 

RFI from the FOMB regarding the PREPA mobility program and circulate to J. 

San Miguel (ACG) and L. Porter (ACG). 

Not in PR

25 Keys, Jamie 9/23/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding changes to the Ankura twelfth 

interim fee application.

Not in PR

50 Smith, James 9/23/21 1.0 750.00 $ 750.00 $ Review PREB regulatory resolutions related to PREPA and Luma in preparation 

for the 10/1/21 bi-weekly mediation call.

Not in PR

50 Crisalli, Paul 9/23/21 0.5 875.00 $ 437.50 $ Participate in working session with J. Roque (Luma), K. Kostyk (Luma), N. 

Morales (PREPA) and J. Keys (ACG) regarding variance in the cash flow 

budget prior to the 10/1/21 bi-weekly mediation call.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 38 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 230 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 San Miguel, 

Jorge

9/23/21 0.7 620.00 $ 434.00 $ Review PREB technical hearing record for next steps related to generation 

outages, resource planning and rate increase to inform discussion points for the 

10/1/21 bi-weekly mediation call.

PR

40 Bailey, Nate 9/23/21 0.5 380.00 $ 190.00 $ Participate in working session with V. Movaghar (ACG) to determine 

immediate data needs and gaps for analysis of potential excess vacation liability.

Not in PR

2 Keys, Jamie 9/23/21 0.5 330.00 $ 165.00 $ Review variances in the cash flow budget prior to discussions with P. Crisalli 

(ACG), PREPA and Luma.

Not in PR

50 Marino, 

Nicholas

9/23/21 0.9 495.00 $ 445.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/1/21 bi-weekly mediation call. 

Not in PR

25 Parker, 

Christine

9/23/21 2.6 200.00 $ 520.00 $ Update the exhibits for the twelfth interim fee application prior to review by J. 

Keys (ACG).

Not in PR

2 San Miguel, 

Jorge

9/23/21 0.6 620.00 $ 372.00 $ Review bank account information updates provided by Luma to discuss with L. 

Porter (ACG) and respond to the FOMB RFI.

PR

25 Keys, Jamie 9/23/21 0.3 330.00 $ 99.00 $ Participate on telephone call with C. Parker (ACG) regarding suggested changes 

to the Ankura twelfth interim fee application exhibits.

Not in PR

60 Dirlam, Josh 9/23/21 1.0 293.00 $ 293.00 $ Pull CDS pricing and calculated mean, median, and quartile metrics for the 

Credit Value Adjustment analysis for each bond Issuer Rating.

Not in PR

3 Porter, Lucas 9/23/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss follow-up requests for the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

40 Sabbe, Angela 9/23/21 0.5 570.00 $ 285.00 $ Prepare preliminary calculation and examples of excess vacation time. Not in PR

3 Gil, Gerard 9/23/21 0.5 500.00 $ 250.00 $ Participate on call with K. Bolanos (DV) and L. Porter (ACG) to discuss draft 

responding materials related to the PREPA Reorganization Plan submittal 

required by the FY 2022 fiscal plan.

PR

60 Dirlam, Josh 9/23/21 1.8 293.00 $ 527.40 $ Manually verify Issuer Moody's credit rating for A2 rated bond issues as of 

6/30/20 to support the Credit Value Adjustment analysis.

Not in PR

50 Smith, James 9/23/21 1.0 750.00 $ 750.00 $ Prepare the weekly fleet status report for N. Rivera (PREPA) and the Ankura 

team in support of the creditor reporting workstream. 

Not in PR

40 Sabbe, Angela 9/23/21 0.7 570.00 $ 399.00 $ Compare data sources to test validity of data for analysis of potential excess 

vacation liability.

Not in PR

3 Marino, 

Nicholas

9/23/21 1.1 495.00 $ 544.50 $ Revise summary of Annual Financial Information and Operating Data Report to 

support FY 2022 fiscal plan objectives prior to distribution to L. Porter (ACG).

Not in PR

60 Dirlam, Josh 9/23/21 1.0 293.00 $ 293.00 $ Aggregate Aa2, A2, and Baa2 Moody's credit rating data from manual 

verification for the 2020 Credit Value Adjustment analysis.

Not in PR

3 Gil, Gerard 9/23/21 1.0 500.00 $ 500.00 $ Participate on call with L. Porter (ACG) to revise draft responding materials 

received from K. Bolanos (DV) related to the PREPA Reorganization Plan 

submittal required by the FY 2022 fiscal plan.

PR

3 Porter, Lucas 9/23/21 0.7 570.00 $ 399.00 $ Review supporting documents for draft PREPA Reorganization Plan from K. 

Bolanos (DV) for FY 2022 fiscal plan reporting and implementation.

Not in PR

25 Keys, Jamie 9/23/21 1.3 330.00 $ 429.00 $ Review the current draft of the Ankura twelfth interim fee application provided 

by L. Porter (ACG).

Not in PR

40 Movaghar, 

Veeda

9/23/21 0.7 305.00 $ 213.50 $ Analyze data across employee files and digital records to validate data entry of 

vacation balances by PREPA team. 

Not in PR

3 Porter, Lucas 9/23/21 0.2 570.00 $ 114.00 $ Participate on call with representative of AAFAF to discuss pension cost 

assumptions included in the FY 2022 fiscal plan.

Not in PR

25 Crisalli, Paul 9/23/21 1.0 875.00 $ 875.00 $ Continue review of Exhibit C to the Ankura August 2021 monthly fee statement 

and provide comments to the Ankura billing team.

Not in PR

3 Porter, Lucas 9/23/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG) to discuss cash flow and financial 

reporting requirements for FY 2022 fiscal plan reporting.

Not in PR

40 San Miguel, 

Jorge

9/23/21 0.4 620.00 $ 248.00 $ Review and provide comments to next steps and notes from 9/22/21 meeting 

with PREPA, KPMG and Ankura related to statistical validation work in 

support of the FY 2019 financial statement audit.

PR

50 Keys, Jamie 9/23/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution. Not in PR

3 Crisalli, Paul 9/23/21 0.4 875.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss cash flow and financial 

reporting requirements for FY 2022 fiscal plan reporting.

Not in PR

60 Dirlam, Josh 9/23/21 1.2 293.00 $ 351.60 $ Manually verify Issuer Moody's credit rating for A2 rated bond issues as of 

6/30/21 to support the Credit Value Adjustment analysis..

Not in PR

3 Marino, 

Nicholas

9/23/21 0.7 495.00 $ 346.50 $ Continue review of PREPA GASB 67 and 68 FY 2015 through FY 2018 reports 

related to summary of Annual Financial Information and Operating Data Report 

to support FY 2022 fiscal plan objectives.

Not in PR

3 Porter, Lucas 9/23/21 1.0 570.00 $ 570.00 $ Participate on call with G. Gil (ACG) to revise draft responding materials 

received from K. Bolanos (DV) related to the PREPA Reorganization Plan 

submittal required by the FY 2022 fiscal plan.

Not in PR

2 Crisalli, Paul 9/23/21 1.3 875.00 $ 1,137.50 $ Perform initial review of supporting documents provided by J. Roque (Luma) 

and N. Morales (PREPA) related to the FOMB RFI regarding PREPA bank 

accounts.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 39 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 231 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 9/23/21 0.3 875.00 $ 262.50 $ Develop correspondence to N. Morales (PREPA) and J. Roque (Luma) 

regarding follow-up requests for information regarding PREPA bank accounts.

Not in PR

3 Porter, Lucas 9/23/21 0.7 570.00 $ 399.00 $ Revise draft responding materials for K. Bolanos (DV) related to the PREPA 

Reorganization Plan submittal required by FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 9/23/21 0.6 570.00 $ 342.00 $ Review responding materials received from J. Roque (Luma) regarding bank 

account information requested by the FOMB to advance FY 2022 fiscal plan 

implementation.

Not in PR

3 Porter, Lucas 9/23/21 0.4 570.00 $ 228.00 $ Review and revise draft follow-up letter from N. Marino (ACG) for comment by 

J. San Miguel (ACG) related to follow-up requests to the Section 104c RFI from 

the FOMB regarding the PREPA mobility program.

Not in PR

40 Bailey, Nate 9/23/21 2.0 380.00 $ 760.00 $ Build complete dataset from various data sources to understand data entered, 

needed and gaps for analysis of potential excess vacation liability.

Not in PR

25 Parker, 

Christine

9/23/21 1.1 200.00 $ 220.00 $ Assemble additional time descriptions submitted for the period 9/5/21 - 9/18/21 

for inclusion in the Ankura September 2021 monthly fee statement.

Not in PR

3 Porter, Lucas 9/23/21 0.2 570.00 $ 114.00 $ Review outstanding information requests to L. Matias (PREPA) regarding 

PREPA audited financial statements required by FY 2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

9/23/21 0.8 495.00 $ 396.00 $ Review summary of the Annual Financial Information and Operating Data 

Report to support FY 2022 fiscal plan implementation.

Not in PR

3 Marino, 

Nicholas

9/23/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss follow-up requests for the 

Section 104c RFI from the FOMB regarding the PREPA mobility program.

Not in PR

3 Crisalli, Paul 9/23/21 0.6 875.00 $ 525.00 $ Prepare the post-certification fiscal plan cash flow and liquidity related reports 

for week ended 9/17/21.

Not in PR

3 Gil, Gerard 9/23/21 1.1 500.00 $ 550.00 $ Review the draft PREPA Reorganization Plan received from K. Bolanos (DV) 

for FY 2022 fiscal plan reporting and implementation.

PR

3 Porter, Lucas 9/23/21 0.5 570.00 $ 285.00 $ Participate on call with K. Bolanos (DV) and G. Gil (ACG) to discuss draft 

responding materials related to the PREPA Reorganization Plan submittal 

required by the FY 2022 fiscal plan.

Not in PR

25 Keys, Jamie 9/23/21 0.6 330.00 $ 198.00 $ Update the payment summary table included in the Ankura twelfth interim fee 

application.

Not in PR

50 Keys, Jamie 9/23/21 0.5 330.00 $ 165.00 $ Participate in working session with J. Roque (Luma), K. Kostyk (Luma), N. 

Morales (PREPA) and P. Crisalli (ACG) regarding variance in the cash flow 

budget prior to the 10/1/21 bi-weekly mediation call.

Not in PR

40 Sabbe, Angela 9/24/21 1.8 570.00 $ 1,026.00 $ Prepare preliminary calculation and examples of excess vacation time. Not in PR

51 Crisalli, Paul 9/24/21 0.2 875.00 $ 175.00 $ Prepare comments for S. Diaz (ARI) regarding PREPA's current liquidity 

position and working capital needs.

Not in PR

3 Porter, Lucas 9/24/21 0.4 570.00 $ 228.00 $ Prepare and send analysis of FY 2021 financial information with comments to 

E. Ortiz (PREPA) and A. Cabrera (FW) for FY 2021 budget-to-actual variance 

report submittal to the FOMB.

Not in PR

6 Porter, Lucas 9/24/21 0.5 570.00 $ 285.00 $ Review comments and revisions from K. Bolanos (DV) to the GridCo-GenCo 

Operating Agreement.

Not in PR

25 Parker, 

Christine

9/24/21 1.5 200.00 $ 300.00 $ Review time descriptions to the Ankura September 2021 monthly fee statement 

for information currently assembled.

Not in PR

6 Porter, Lucas 9/24/21 0.3 570.00 $ 171.00 $ Revise the updated draft GridCo-GenCo Operating Agreement for review by G. 

Gil (ACG) and K. Bolanos (DV).

Not in PR

3 Gil, Gerard 9/24/21 0.5 500.00 $ 250.00 $ Conduct review and provide input on draft summary presentation materials for 

F. Padilla (PREPA) related to the FY 2022 fuel procurement initiative. 

PR

40 Bailey, Nate 9/24/21 3.8 380.00 $ 1,444.00 $ Analyze data to determine vacation hours accrued for analysis of potential 

excess vacation liability.

Not in PR

3 Gil, Gerard 9/24/21 0.7 500.00 $ 350.00 $ Participate on call with E, Paredes (PREPA), F. Padilla (PREPA) and K. 

Bolanos (DV) to discuss response to the FOMB RFI related to the PREPA 

Reorganization Plan.

PR

6 Gil, Gerard 9/24/21 0.2 500.00 $ 100.00 $ Review draft response from L. Porter (ACG) to the P3 Authority team related to 

the latest version of the GridCo-GenCo Operating Agreement.

PR

3 Porter, Lucas 9/24/21 0.8 570.00 $ 456.00 $ Revise draft variance explanation on fuel costs prepared by A. Cabrera (FW) to 

inform final revised FY 2021 budget-to-actual variance report submittal to the 

FOMB.

Not in PR

6 Gil, Gerard 9/24/21 0.3 500.00 $ 150.00 $ Review draft response from L. Porter (ACG) to V. Del Rio (CGSH) regarding 

PREPA comments to the GridCo-GenCo Operating Agreement.

PR

60 Costa, Lindsey 9/24/21 1.5 460.00 $ 690.00 $ Review updated credit spread analysis to inform the 2020 SWAP valuation. Not in PR

60 Ciancanelli, 

John

9/24/21 0.5 665.00 $ 332.50 $ Participate in discussion with L. Costa (ACG) regarding the Credit Value 

Adjustment analysis for the 6/30/20 SWAP valuation.

Not in PR

3 Gil, Gerard 9/24/21 0.4 500.00 $ 200.00 $ Participate on call with K. Bolanos (DV) regarding the draft response to the 

FOMB's RFI related to the PREPA Reorganization Plan.

PR

40 Carr, Scott 9/24/21 2.0 615.00 $ 1,230.00 $ Analyze and document possible sources of bias in excess vacation time estimate 

based on PREPA data.

Not in PR

3 Marino, 

Nicholas

9/24/21 0.5 495.00 $ 247.50 $ Review the summary presentation slide of FOMB 2021 Fuel RFI and RFP 

recommendations to PREPA as requested by L. Porter (ACG).

Not in PR

Exhibit C

November 1, 2021 / #PR00051 40 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 232 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Porter, Lucas 9/24/21 0.8 570.00 $ 456.00 $ Prepare and send response to S. Torres (P3A), K. Findley (Luma), G. Gil (ACG) 

and other working group members on the draft GridCo-GenCo Operating 

Agreement.

Not in PR

3 Porter, Lucas 9/24/21 0.2 570.00 $ 114.00 $ Prepare and send request for review to N. Marino (ACG) regarding presentation 

materials for FY 2022 fuel procurement initiative.

Not in PR

60 Dirlam, Josh 9/24/21 1.2 293.00 $ 351.60 $ Update the Credit Value Adjustment analysis assumptions and run sensitivity 

analysis.

Not in PR

60 Mishra, Pavan 

Kumar

9/24/21 2.0 161.00 $ 322.00 $ Perform final review of the SWAP model dated 6/30/20. Not in PR

51 Keys, Jamie 9/24/21 0.7 330.00 $ 231.00 $ Review the emergency vendor RFR summary circulated by P. Crisalli (ACG). Not in PR

50 Smith, James 9/24/21 0.7 750.00 $ 525.00 $ Review recent news and legislative information related to Luma and PREPA 

and update draft notes in preparation for the 10/1/21 bi-weekly mediation call.

Not in PR

50 Marino, 

Nicholas

9/24/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/1/21 bi-weekly mediation call. 

Not in PR

60 Costa, Lindsey 9/24/21 0.3 460.00 $ 138.00 $ Participate in discussion with J. Dirlam (ACG) regarding the credit spread 

analysis to inform the 2020 SWAP valuation.

Not in PR

50 Smith, James 9/24/21 1.8 750.00 $ 1,350.00 $ Prepare initial outline and draft discussion notes for the 10/1/21 bi-weekly 

mediation call.

Not in PR

6 Gil, Gerard 9/24/21 1.2 500.00 $ 600.00 $ Review the PREB regulatory filings with comments received from K. Findley 

(Luma) and other Luma representatives to inform PREPA comments to the 

GridCo-GenCo Operating Agreement.

PR

25 Keys, Jamie 9/24/21 1.3 330.00 $ 429.00 $ Review the updated exhibits for the Ankura twelfth interim fee application 

provided by C. Parker (ACG).

Not in PR

51 Crisalli, Paul 9/24/21 2.7 875.00 $ 2,362.50 $ Review invoice detail and develop related summary analysis of emergency 

supplier invoices, payments and FEMA reimbursements for N. Morales 

(PREPA).

Not in PR

2 Crisalli, Paul 9/24/21 0.6 875.00 $ 525.00 $ Finalize the August 2021 accounts receivable presentation materials for N. 

Morales (PREPA).

Not in PR

6 Porter, Lucas 9/24/21 0.7 570.00 $ 399.00 $ Prepare and send response to V. Del Rio (CGSH) regarding PREPA comments 

to the GridCo-GenCo Operating Agreement.

Not in PR

40 Carr, Scott 9/24/21 2.0 615.00 $ 1,230.00 $ Continue to analyze and document possible sources of bias in excess vacation 

time estimate based on various PREPA supporting documents.

Not in PR

3 Porter, Lucas 9/24/21 1.9 570.00 $ 1,083.00 $ Analyze updated monthly-annual financial information received from A. 

Cabrera (FW) to inform the final revised FY 2021 budget-to-actual variance 

report submittal to the FOMB.

Not in PR

60 Costa, Lindsey 9/24/21 0.5 460.00 $ 230.00 $ Participate in discussion with J. Ciancanelli (ACG) regarding the Credit Value 

Adjustment analysis for the 6/30/20 SWAP valuation.

Not in PR

6 Porter, Lucas 9/24/21 1.2 570.00 $ 684.00 $ Review the PREB regulatory filings with comments received from K. Findley 

(Luma) and other Luma representatives to inform PREPA comments to the 

GridCo-GenCo Operating Agreement.

Not in PR

60 Dirlam, Josh 9/24/21 0.3 293.00 $ 87.90 $ Participate in discussion with L. Costa (ACG) regarding the credit spread 

analysis to inform the 2020 SWAP valuation.

Not in PR

3 Gil, Gerard 9/24/21 0.6 500.00 $ 300.00 $ Review and provide comments to the draft response to the FOMB's RFI related 

to the PREPA Reorganization Plan.

PR

6 Gil, Gerard 9/24/21 0.3 500.00 $ 150.00 $ Review commentary from K. Bolanos (DV) to the GridCo-GenCo Operating 

Agreement.

PR

6 Gil, Gerard 9/24/21 0.4 500.00 $ 200.00 $ Review and provide comments to the updated draft GridCo-GenCo Operating 

Agreement received from L. Porter (ACG).

PR

40 Movaghar, 

Veeda

9/24/21 3.5 305.00 $ 1,067.50 $ Analyze vacation payment data across multiple sources to validate underlying 

sources and identify best source to use in modeling of excess vacation time.

Not in PR

50 Smith, James 9/24/21 0.5 750.00 $ 375.00 $ Review generation operational reports prepared by L. Porter (ACG) to support 

the creditor reporting workstream.

Not in PR

3 Gil, Gerard 9/24/21 0.5 500.00 $ 250.00 $ Review the PREPA Reorganization Plan materials in preparation for meeting 

with E. Paredes (PREPA).

PR

6 Porter, Lucas 9/24/21 1.0 570.00 $ 570.00 $ Review follow up requests for information from V. Del Rio (CGSH) regarding 

PREPA comments to the GridCo-GenCo Operating Agreement.

Not in PR

3 Porter, Lucas 9/24/21 1.1 570.00 $ 627.00 $ Develop summary presentation materials for F. Padilla (PREPA) related to the 

FY 2022 fuel procurement initiative.

Not in PR

6 Gil, Gerard 9/24/21 0.3 500.00 $ 150.00 $ Review correspondence from V. Del Rio (CGSH) regarding PREPA comments 

to the GridCo-GenCo Operating Agreement.

PR

60 Dirlam, Josh 9/24/21 0.8 293.00 $ 234.40 $ Update the SWAP analysis client deliverable report for review by L. Costa 

(ACG).

Not in PR

40 Sabbe, Angela 9/26/21 2.0 570.00 $ 1,140.00 $ Prepare analysis model of excess vacation time as described in the Arbitration 

Award.

Not in PR

3 Gil, Gerard 9/27/21 0.2 500.00 $ 100.00 $ Review latest draft of emergency vendor determinations to advance FY 2022 

fiscal plan implementation.

PR

Exhibit C

November 1, 2021 / #PR00051 41 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 233 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Smith, James 9/27/21 1.2 750.00 $ 900.00 $ Review the generation operations and outage reports received from G. Soto 

(Luma) and other publicly available information related to load shedding events 

in support of the creditor reporting workstream.

Not in PR

3 Marino, 

Nicholas

9/27/21 0.6 495.00 $ 297.00 $ Participate on call with L. Porter (ACG) to discuss status of aggregation, review 

and summary of PREPA's financial and operational information supporting its 

FY 2016 - FY 2018 Disclosure Statement.

Not in PR

40 Movaghar, 

Veeda

9/27/21 1.4 305.00 $ 427.00 $ Validate previously paid out vacation time logged in employee files for analysis 

of potential excess vacation liability.

Not in PR

60 Dirlam, Josh 9/27/21 3.3 293.00 $ 966.90 $ Manually verify Issuer Moody's Credit Ratings of over 450 Baa2 bond issues as 

of 6/30/21 to incorporate into the Credit Value Adjustment analysis.

Not in PR

3 Porter, Lucas 9/27/21 1.0 570.00 $ 570.00 $ Prepare responding information for R. Loran (Luma) regarding FY 2022 fiscal 

plan financial projection assumptions.

Not in PR

2 Keys, Jamie 9/27/21 2.3 330.00 $ 759.00 $ Prepare the weekly cash flow outputs for the week ended 9/24/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Crisalli, Paul 9/27/21 0.7 875.00 $ 612.50 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Porter, Lucas 9/27/21 0.5 570.00 $ 285.00 $ Prepare comments and responses for N. Morales (PREPA) and E. Ortiz 

(PREPA) related to FY 2021 financial information provided by Luma to inform 

the FY 2021 budget variance report.

Not in PR

3 Porter, Lucas 9/27/21 0.3 570.00 $ 171.00 $ Participate on call with L. Bauer (NR), J. San Miguel (ACG) and N. Marino 

(ACG) to discuss the status of the aggregation, review and summary of PREPA's 

financial and operational information supporting its FY 2016 - FY 2018 

Disclosure Statement.

Not in PR

3 Porter, Lucas 9/27/21 0.4 570.00 $ 228.00 $ Participate in meeting with E. Ortiz (PREPA), C. Detiveaux (Luma), L. 

Londono (Luma), D. Rivera (Luma) and A. Cabrera (FW) to discuss accounting 

information for FY 2021 budget variance report.

Not in PR

3 San Miguel, 

Jorge

9/27/21 0.3 620.00 $ 186.00 $ Participate in discussion with L. Porter (ACG) to review update in advance of 

call with L. Bauer (NR) and PREPA PMO regarding status of aggregation, 

review and summary of PREPA's financial and operational information 

supporting its FY 2016 - FY 2018 Disclosure Statement.

PR

3 Gil, Gerard 9/27/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding status of the 

reorganization project in preparation for submittal to the FOMB.

PR

3 Porter, Lucas 9/27/21 1.2 570.00 $ 684.00 $ Participate in working session with A. Cabrera (FW) to review FY 2021 

financial accounting information provided by Luma to inform the FY 2021 

budget variance report to the FOMB.

Not in PR

3 Gil, Gerard 9/27/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss status and contents of the 

draft PREPA Reorganization Plan required by the FY 2022 fiscal plan. 

PR

60 Dirlam, Josh 9/27/21 1.7 293.00 $ 498.10 $ Manually verify Issuer Moody's Credit Ratings of over 100 Aa2 bond issues as 

of 6/30/21 to incorporate into the Credit Value Adjustment analysis.

Not in PR

3 Marino, 

Nicholas

9/27/21 0.7 495.00 $ 346.50 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

51 San Miguel, 

Jorge

9/27/21 0.3 620.00 $ 186.00 $ Participate in discussion with F. Padilla (PREPA) regarding initial workstreams 

for Paradigm Solutions LLC in support of generation initiatives and CDBG 

funding matters.

PR

3 Porter, Lucas 9/27/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) to review update in advance 

of call with L. Bauer (NR) and PREPA PMO regarding status of aggregation, 

review and summary of PREPA's financial and operational information 

supporting its FY 2016 - FY 2018 Disclosure Statement.

Not in PR

51 San Miguel, 

Jorge

9/27/21 0.5 620.00 $ 310.00 $ Participate in discussion with O. Chavez (PLLC) regarding status of emergency 

vendor reimbursement process and PREPA submittals to COR3 related to RFRs 

in support of federal funds transfer schedule and updates to cash flow 

projections.

PR

2 Keys, Jamie 9/27/21 0.5 330.00 $ 165.00 $ Revise the cash flow outputs per comments provided by P. Crisalli (ACG). Not in PR

3 Marino, 

Nicholas

9/27/21 1.3 495.00 $ 643.50 $ Begin updating PREPA Annual Financial Information and Operating Data 

Report source references to further the objectives of the FY 2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

9/27/21 1.1 495.00 $ 544.50 $ Aggregate list of all outstanding items related to the 9/15/21 and 9/17/21 

submittals related to the Section 104c RFI from the FOMB regarding the 

PREPA mobility program.

Not in PR

60 Dirlam, Josh 9/27/21 1.8 293.00 $ 527.40 $ Calculate spreads for municipal and corporate bond yields over 3M LIBOR for 

the Credit Value Adjustment analysis.

Not in PR

2 Crisalli, Paul 9/27/21 0.2 875.00 $ 175.00 $ Correspond with J. Roque (Luma) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

3 San Miguel, 

Jorge

9/27/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding status of the corporate 

reorganization project in preparation for submittal to the FOMB.

PR

2 Keys, Jamie 9/27/21 0.5 330.00 $ 165.00 $ Review the cash flow source documents provided by J. Roque (Luma) to inform 

the weekly cash flow reporting.

Not in PR

3 Porter, Lucas 9/27/21 0.4 570.00 $ 228.00 $ Revise draft workbook from N. Marino (ACG) containing PREPA's financial 

and operational information supporting its FY 2016 - FY 2018 Disclosure 

Statement.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 42 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 234 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

3 Smith, James 9/27/21 0.7 750.00 $ 525.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Porter, Lucas 9/27/21 0.5 570.00 $ 285.00 $ Revise fuel cost variance explanation for E. Ortiz (PREPA) and A. Cabrera 

(FW) for use in the FY 2021 budget variance report to the FOMB.

Not in PR

3 Porter, Lucas 9/27/21 0.6 570.00 $ 342.00 $ Participate on call with N. Marino (ACG) to discuss status of aggregation, 

review and summary of PREPA's financial and operational information 

supporting its FY 2016 - FY 2018 Disclosure Statement.

Not in PR

40 Carr, Scott 9/27/21 3.5 615.00 $ 2,152.50 $ Update methodology and analysis of PREPA excess vacation time estimate 

using vacation accrual sample data.

Not in PR

3 Porter, Lucas 9/27/21 1.2 570.00 $ 684.00 $ Review FY 2021 financial information provided by L. Londono (Luma) and E. 

Ortiz (PREPA) to inform comments to the FY 2021 budget variance report to 

the FOMB.

Not in PR

51 San Miguel, 

Jorge

9/27/21 0.4 620.00 $ 248.00 $ Prepare draft agenda of workstreams and deliverables to discuss with F. Padilla 

(PREPA) and O. Chavez (PLLC) related to FEMA, CDBG and insurance 

reimbursement matters for generation assets.

PR

50 Marino, 

Nicholas

9/27/21 1.3 495.00 $ 643.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/1/21 bi-weekly mediation call. 

Not in PR

3 Porter, Lucas 9/27/21 0.7 570.00 $ 399.00 $ Participate on call with J. San Miguel (ACG) and N. Marino (ACG) regarding 

pending deliverables for RFI to the FOMB related to the PREPA mobility 

program.

Not in PR

2 Crisalli, Paul 9/27/21 0.4 875.00 $ 350.00 $ Review accounts payable aging report for renewable and fleet & storage 

supplier invoices and related payment for the week of 9/24/21 and update 

support schedules in the cash flow model regarding the same.

Not in PR

3 San Miguel, 

Jorge

9/27/21 0.7 620.00 $ 434.00 $ Participate on call with L. Porter (ACG) and N. Marino (ACG) regarding 

pending deliverables for RFI to the FOMB related to the PREPA mobility 

program.

PR

60 Dirlam, Josh 9/27/21 1.2 293.00 $ 351.60 $ Pull 3M LIBOR curves from Bloomberg as of 6/30/21 used in the mark to 

market and discount rate build into the credit default SWAP valuation model.

Not in PR

3 Keys, Jamie 9/27/21 0.8 330.00 $ 264.00 $ Review the monthly accounts receivable reports for residential, commercial, 

industrial, government and other customers prior to distribution.

Not in PR

51 Gil, Gerard 9/27/21 2.4 500.00 $ 1,200.00 $ Participate in working session with O. Chavez (PLLC) and J. San Miguel 

(ACG) to review and discuss federal funding strategy, initiatives and priorities 

for FEMA, CDBG, DOE and EPA in support of liquidity and generation asset 

initiatives.

PR

3 San Miguel, 

Jorge

9/27/21 0.5 620.00 $ 310.00 $ Review budget-to-actual reports provided by Luma for discussion with P. 

Crisalli (ACG) and N. Morales (PREPA).

PR

3 Porter, Lucas 9/27/21 0.7 570.00 $ 399.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Gil, Gerard 9/27/21 0.1 500.00 $ 50.00 $ Correspond with K. Bolanos (DV) regarding the PREPA Reorganization Plan 

initiative required by the FY 2022 fiscal plan. 

PR

2 Keys, Jamie 9/27/21 0.4 330.00 $ 132.00 $ Prepare summary email of suggested changes for the cash flow outputs for 

review by P. Crisalli (ACG).

Not in PR

3 Gil, Gerard 9/27/21 0.2 500.00 $ 100.00 $ Participate on call with F. Padilla (PREPA) to discuss federal funding matters to 

advance FY 2022 fiscal plan implementation.

PR

2 Crisalli, Paul 9/27/21 1.2 875.00 $ 1,050.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

3 San Miguel, 

Jorge

9/27/21 0.7 620.00 $ 434.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

60 Costa, Lindsey 9/27/21 1.5 460.00 $ 690.00 $ Conduct final review of Credit Valuation Adjustment support for the 2020 

Interest Rate SWAP.

Not in PR

2 Crisalli, Paul 9/27/21 0.2 875.00 $ 175.00 $ Review the Luma post-service commencement operator service fee invoices to 

inform cash flow budget-to-actual reporting.

Not in PR

40 Sabbe, Angela 9/27/21 1.0 570.00 $ 570.00 $ Prepare the preliminary calculation and examples of excess vacation time. Not in PR

51 San Miguel, 

Jorge

9/27/21 0.3 620.00 $ 186.00 $ Review updated proposal for emergency vendor reimbursement process in 

preparation for discussion with O. Chavez (PLLC).

PR

3 Porter, Lucas 9/27/21 0.3 570.00 $ 171.00 $ Review comments received from D. Rivera (Luma) and L. Londono (Luma) 

related to accounting information for the FY 2021 budget variance report to the 

FOMB.

Not in PR

60 Ciancanelli, 

John

9/27/21 3.4 665.00 $ 2,261.00 $ Review and edit the 6/30/20 SWAP valuation model and report. Not in PR

60 Costa, Lindsey 9/27/21 1.0 460.00 $ 460.00 $ Conduct final review of the 2020 Interest Rate SWAP model. Not in PR

2 Crisalli, Paul 9/27/21 0.7 875.00 $ 612.50 $ Develop correspondence to Luma and PREPA regarding weekly budget versus 

actual cash flow variances.

Not in PR

3 Marino, 

Nicholas

9/27/21 0.7 495.00 $ 346.50 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) regarding 

pending deliverables for RFI to the FOMB related to the PREPA mobility 

program.

Not in PR

3 Gil, Gerard 9/27/21 0.7 500.00 $ 350.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

Exhibit C

November 1, 2021 / #PR00051 43 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 235 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

40 Movaghar, 

Veeda

9/27/21 1.6 305.00 $ 488.00 $ Analyze vacation balances in employee files against data showing previously 

paid out vacation time. 

Not in PR

3 Marino, 

Nicholas

9/27/21 0.4 495.00 $ 198.00 $ Prepare follow-up status requests to G. Loran (AAFAF) and V. Gonzalez 

(AAFAF) related to outstanding items associated with the Section 104c RFI 

from the FOMB regarding the PREPA mobility program.

Not in PR

2 Crisalli, Paul 9/27/21 0.5 875.00 $ 437.50 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

2 Keys, Jamie 9/27/21 0.2 330.00 $ 66.00 $ Correspond with J. Roque (Luma) regarding changes to PREPA bank balances 

for use in cash flow reporting.

Not in PR

3 Porter, Lucas 9/27/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss status and contents of the draft 

PREPA Reorganization Plan required by the FY 2022 fiscal plan. 

Not in PR

51 San Miguel, 

Jorge

9/27/21 2.4 620.00 $ 1,488.00 $ Participate in working session with O. Chavez (PLLC) and G. Gil (ACG) to 

review and discuss federal funding strategy, initiatives and priorities for FEMA, 

CDBG, DOE and EPA in support of liquidity and generation asset initiatives.

PR

2 Crisalli, Paul 9/27/21 0.4 875.00 $ 350.00 $ Update the cash flow for July 2021 AES and EcoElectrica actual invoice 

information.

Not in PR

2 Crisalli, Paul 9/27/21 0.8 875.00 $ 700.00 $ Develop templates for the cash flow and liquidity reports for the week ended 

9/24/21.

Not in PR

60 Costa, Lindsey 9/27/21 1.0 460.00 $ 460.00 $ Conduct final review of the 2020 Interest Rate SWAP report. Not in PR

3 Keys, Jamie 9/27/21 0.7 330.00 $ 231.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Gil, Gerard 9/27/21 0.2 500.00 $ 100.00 $ Review pending action items to prepare agenda for the budget-to-actual working 

session with PREPA management to discuss FY 2022 fiscal plan 

implementation and reporting.

PR

3 Gil, Gerard 9/27/21 0.3 500.00 $ 150.00 $ Review PREPA communications with the FOMB regarding the PREPA 

Reorganization Plan to advance FY 2022 fiscal plan implementation.

PR

3 San Miguel, 

Jorge

9/27/21 0.3 620.00 $ 186.00 $ Participate on call with L. Bauer (NR), L. Porter (ACG) and N. Marino (ACG) 

to discuss the status of the aggregation, review and summary of PREPA's 

financial and operational information supporting its FY 2016 - FY 2018 

Disclosure Statement.

PR

25 Keys, Jamie 9/27/21 0.8 330.00 $ 264.00 $ Review the current draft of the Ankura August 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

3 Marino, 

Nicholas

9/27/21 0.3 495.00 $ 148.50 $ Participate on call with L. Bauer (NR), J. San Miguel (ACG) and L. Porter 

(ACG) to discuss the status of the aggregation, review and summary of PREPA's 

financial and operational information supporting its FY 2016 - FY 2018 

Disclosure Statement.

Not in PR

3 Porter, Lucas 9/28/21 0.3 570.00 $ 171.00 $ Participate on call with N. Marino (ACG) to discuss updates to the PREPA 

Reorganization Plan submittal presentation.

Not in PR

3 San Miguel, 

Jorge

9/28/21 0.7 620.00 $ 434.00 $ Review updated tracker on deliverables to FOMB related to the PREPA 

mobility plan in preparation for discussion with AAFAF, PREPA and OMB.

PR

40 San Miguel, 

Jorge

9/28/21 0.5 620.00 $ 310.00 $ Participate on call with S. Carr (ACG) to discuss due diligence matters and 

status of vacation accruals statistical analysis for N. Morales (PREPA) and J. 

Adrover (PREPA).

PR

3 Porter, Lucas 9/28/21 0.8 570.00 $ 456.00 $ Participate on call with J. San Miguel (ACG) and N. Marino (ACG) to discuss 

pending deliverables to the FOMB regarding the Section 104c RFI on the 

PREPA mobility program in preparation for discussion with AAFAF, PREPA 

and OMB.

Not in PR

50 San Miguel, 

Jorge

9/28/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding regulatory updates in 

preparation for the 10/1/21 bi-weekly mediation call.

PR

3 Smith, James 9/28/21 1.1 750.00 $ 825.00 $ Participate on call with K. Bolanos (DV), G. Gil (ACG) and L. Porter (ACG) to 

discuss regulatory matters and updates for FY 2022 fiscal plan reporting to the 

FOMB.

Not in PR

3 Marino, 

Nicholas

9/28/21 0.9 495.00 $ 445.50 $ Update the draft PREPA Reorganization Plan submittal presentation. Not in PR

3 Marino, 

Nicholas

9/28/21 1.5 495.00 $ 742.50 $ Continue updating PREPA Annual Financial Information and Operating Data 

Report source references to further the objectives of the FY 2022 fiscal plan.

Not in PR

51 San Miguel, 

Jorge

9/28/21 0.2 620.00 $ 124.00 $ Participate on call with F. Padilla (PREPA) and O. Chavez (PLLC) to discuss 

CDBG and insurance reimbursement matters to support generation initiatives.

PR

6 Gil, Gerard 9/28/21 0.4 500.00 $ 200.00 $ Review draft milestone table for the PREPA Reorganization Plan to support the 

P3 Authority generation transformation transaction RFP.

PR

25 Parker, 

Christine

9/28/21 0.7 200.00 $ 140.00 $ Participate in working session with J. Keys (ACG) regarding additional 

adjustments to the exhibits included in the Ankura twelfth interim fee 

application.

Not in PR

3 Porter, Lucas 9/28/21 0.4 570.00 $ 228.00 $ Review the draft PREPA Reorganization Plan received from K. Bolanos (DV) 

required by the FY 2022 fiscal plan. 

Not in PR

25 Keys, Jamie 9/28/21 0.8 330.00 $ 264.00 $ Revise the exhibits for inclusion in the Ankura twelfth interim fee application. Not in PR

40 Sabbe, Angela 9/28/21 0.4 570.00 $ 228.00 $ Participate in meeting with S. Carr (ACG) to discuss data and documents 

relevant to analysis and methodology to analyze excess vacation time.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 44 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 236 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

50 Marino, 

Nicholas

9/28/21 0.8 495.00 $ 396.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/1/21 bi-weekly mediation call. 

Not in PR

3 Porter, Lucas 9/28/21 1.2 570.00 $ 684.00 $ Participate on call with Y. Hickey (FOMB), R. Rosario (FOMB), F. Ramirez 

(FOMB), A. Bielenberg (MCK), A. Mahadevan (MCK), P. Smulders (MCK), R. 

Zampierollo (PREPA), J. Umpierre (PREPA), S. Rosado (PREPA), N. Marino 

(ACG) and G. Gil (ACG) to discuss FY 2022 fiscal plan initiative 

implementation and reporting.

Not in PR

3 Marino, 

Nicholas

9/28/21 0.3 495.00 $ 148.50 $ Participate on call with L. Porter (ACG) to discuss updates to the PREPA 

Reorganization Plan submittal presentation.

Not in PR

3 San Miguel, 

Jorge

9/28/21 0.8 620.00 $ 496.00 $ Participate on call with L. Porter (ACG) and N. Marino (ACG) to discuss 

pending deliverables to the FOMB regarding the Section 104c RFI on the 

PREPA mobility program in preparation for discussion with AAFAF, PREPA 

and OMB.

PR

3 Marino, 

Nicholas

9/28/21 0.8 495.00 $ 396.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) to discuss 

pending deliverables to the FOMB regarding the Section 104c RFI on the 

PREPA mobility program in preparation for discussion with AAFAF, PREPA 

and OMB.

Not in PR

50 San Miguel, 

Jorge

9/28/21 1.6 620.00 $ 992.00 $ Review PREPA management and operational development updates in 

preparation for the 10/1/21 bi-weekly mediation call.

PR

51 San Miguel, 

Jorge

9/28/21 0.1 620.00 $ 62.00 $ Coordinate with F. Padilla (PREPA) and O. Chavez (PLLC) to discuss funding 

matters in support of generation initiatives.

PR

40 Carr, Scott 9/28/21 0.5 615.00 $ 307.50 $ Participate on call with J. San Miguel (ACG) to discuss due diligence matters 

and status of vacation accruals statistical analysis for N. Morales (PREPA) and 

J. Adrover (PREPA).

Not in PR

3 Porter, Lucas 9/28/21 1.4 570.00 $ 798.00 $ Revise supporting materials for K. Bolanos (DV) and G. Gil (ACG) related to 

the draft PREPA Reorganization Plan submittal to the FOMB as required by the 

FY 2022 fiscal plan.

Not in PR

3 Gil, Gerard 9/28/21 0.7 500.00 $ 350.00 $ Revise and provide comments to the draft PREPA Reorganization Plan required 

by the FY 2022 fiscal plan.

PR

50 San Miguel, 

Jorge

9/28/21 1.0 620.00 $ 620.00 $ Review the updated cash flow projection and related comments received from P. 

Crisalli (ACG) and N. Morales (PREPA) in preparation for the 10/1/21 biweekly mediation call.

PR

51 San Miguel, 

Jorge

9/28/21 0.5 620.00 $ 310.00 $ Participate in meeting with O. Chavez (PLLC) and G. Gil (ACG) to discuss 

agenda for deliverables to F. Padilla (PREPA) related to CDBG and insurance 

matters.

PR

25 Keys, Jamie 9/28/21 2.6 330.00 $ 858.00 $ Review comments provided by L. Porter (ACG) and J. San Miguel (ACG) to the 

Ankura twelfth interim fee application and process changes.

Not in PR

3 Keys, Jamie 9/28/21 1.1 330.00 $ 363.00 $ Review the latest J28 report provided by T. River (Nexvel) for use in updating 

the fuel and purchased power analysis for use in reporting on the FY 2022 fiscal 

plan.

Not in PR

25 Parker, 

Christine

9/28/21 1.9 200.00 $ 380.00 $ Update Exhibits A, B and C of the Ankura August 2021 monthly fee statement 

for additional information provided by Ankura team members.

Not in PR

40 Carr, Scott 9/28/21 1.7 615.00 $ 1,045.50 $ Update methodology and analysis of PREPA excess vacation time estimate 

using vacation accrual sample data.

Not in PR

3 Porter, Lucas 9/28/21 0.2 570.00 $ 114.00 $ Prepare and send request to N. Marino (ACG) for updates to exhibits to inform 

the draft PREPA Reorganization Plan.

Not in PR

40 Bailey, Nate 9/28/21 0.5 380.00 $ 190.00 $ Analyze data to determine vacation hours previously paid out for analysis of 

potential excess vacation liability.

Not in PR

3 Porter, Lucas 9/28/21 0.7 570.00 $ 399.00 $ Review the fuel cost accounting data for FY 2022 received from L. Londono 

(Luma) to inform budget variance reporting to the FOMB as required by the FY 

2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

9/28/21 1.2 495.00 $ 594.00 $ Participate on call with Y. Hickey (FOMB), R. Rosario (FOMB), F. Ramirez 

(FOMB), A. Bielenberg (MCK), A. Mahadevan (MCK), P. Smulders (MCK), R. 

Zampierollo (PREPA), J. Umpierre (PREPA), S. Rosado (PREPA), L. Porter 

(ACG) and G. Gil (ACG) to discuss FY 2022 fiscal plan initiative 

implementation and reporting.

Not in PR

6 Porter, Lucas 9/28/21 0.5 570.00 $ 285.00 $ Prepare revised draft milestone table for G. Gil (ACG) and P3 Authority to 

support the P3 Authority generation transformation transaction RFP.

Not in PR

3 Porter, Lucas 9/28/21 1.1 570.00 $ 627.00 $ Participate on call with K. Bolanos (DV), J. Smith (ACG) and G. Gil (ACG) to 

discuss regulatory matters and updates for FY 2022 fiscal plan reporting to the 

FOMB.

Not in PR

40 Carr, Scott 9/28/21 0.4 615.00 $ 246.00 $ Participate in meeting with A. Sabbe (ACG) to discuss data and documents 

relevant to analysis and methodology to analyze excess vacation time.

Not in PR

3 Marino, 

Nicholas

9/28/21 1.0 495.00 $ 495.00 $ Review and revise latest summary of Annual Financial Information and 

Operating Data Report to support FY 2022 fiscal plan objectives.

Not in PR

3 Porter, Lucas 9/28/21 0.4 570.00 $ 228.00 $ Revise the draft PREPA Reorganization Plan submittal from K. Bolanos (DV) 

required by FY 2022 fiscal plan.

Not in PR

25 Keys, Jamie 9/28/21 0.7 330.00 $ 231.00 $ Participate in working session with C. Parker (ACG) regarding additional 

adjustments to the exhibits included in the Ankura twelfth interim fee 

application.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 45 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 237 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

51 Gil, Gerard 9/28/21 0.5 500.00 $ 250.00 $ Participate in meeting with O. Chavez (PLLC) and J. San Miguel (ACG) to 

discuss agenda for deliverables to F. Padilla (PREPA) related to CDBG and 

insurance matters.

PR

3 Porter, Lucas 9/28/21 1.3 570.00 $ 741.00 $ Prepare supporting information for K. Bolanos (DV) and G. Gil (ACG) related 

to the draft PREPA Reorganization Plan submittal to the FOMB as required by 

the FY 2022 fiscal plan.

Not in PR

3 Gil, Gerard 9/28/21 1.1 500.00 $ 550.00 $ Participate on call with K. Bolanos (DV), J. Smith (ACG) and L. Porter (ACG) 

to discuss regulatory matters and updates for FY 2022 fiscal plan reporting to 

the FOMB.

PR

3 Porter, Lucas 9/28/21 0.7 570.00 $ 399.00 $ Revise updated table from N. Marino (ACG) with follow-up information 

requests and responsibilities related to the Section 104c RFI from the FOMB 

regarding the PREPA mobility program.

Not in PR

50 Porter, Lucas 9/28/21 0.2 570.00 $ 114.00 $ Prepare requests to N. Marino (ACG) related to creditor information requests in 

advance of the 10/1/21 bi-weekly mediation call.

Not in PR

50 Gil, Gerard 9/28/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding regulatory updates 

in preparation for the 10/1/21 bi-weekly mediation call.

PR

2 Crisalli, Paul 9/28/21 0.3 875.00 $ 262.50 $ Review the revised daily cash flow and daily bank balances provided by J. 

Roque (Luma) to inform the weekly cash flow reports.

Not in PR

50 Smith, James 9/28/21 0.4 750.00 $ 300.00 $ Review the PREB regulatory resolutions and hearings schedules related to 

PREPA and Luma in preparation for the 10/1/21 bi-weekly mediation call.

Not in PR

60 Ciancanelli, 

John

9/28/21 0.1 665.00 $ 66.50 $ Correspond with D. Sanchez (Luma), N. Morales (PREPA), D. Miller (Luma), J. 

San Miguel (ACG) and J. Roque (Luma) regarding the draft 6/30/20 SWAP 

valuation report.

Not in PR

3 Gil, Gerard 9/28/21 1.2 500.00 $ 600.00 $ Participate on call with Y. Hickey (FOMB), R. Rosario (FOMB), F. Ramirez 

(FOMB), A. Bielenberg (MCK), A. Mahadevan (MCK), P. Smulders (MCK), R. 

Zampierollo (PREPA), J. Umpierre (PREPA), S. Rosado (PREPA), N. Marino 

(ACG) and L. Porter (ACG) to discuss FY 2022 fiscal plan initiative 

implementation and reporting.

PR

25 Parker, 

Christine

9/29/21 1.4 200.00 $ 280.00 $ Update Exhibits A, B and C of the Ankura September 2021 monthly fee 

statement for information currently available.

Not in PR

50 Keys, Jamie 9/29/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

6 Porter, Lucas 9/29/21 1.0 570.00 $ 570.00 $ Prepare responding comments for V. Del Rio (CGSH) regarding service account 

funding issues for the draft GridCo-GenCo Operating Agreement.

Not in PR

51 Crisalli, Paul 9/29/21 0.7 875.00 $ 612.50 $ Participate on call with S. Diaz (ARI), J. Keys (ACG) and J. San Miguel (ACG) 

regarding status update of emergency vendor invoices, project worksheets, RFIs, 

RFRs and related FEMA proceeds.

Not in PR

6 Gil, Gerard 9/29/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss service account funding 

issues for the draft GridCo-GenCo Operating Agreement.

PR

50 Keys, Jamie 9/29/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

3 Porter, Lucas 9/29/21 0.3 570.00 $ 171.00 $ Participate on call with N. Morales (PREPA) and J. San Miguel (ACG) to 

discuss the FY 2021 budget-to-actual variance report.

Not in PR

3 San Miguel, 

Jorge

9/29/21 0.4 620.00 $ 248.00 $ Review and provide comments to the updated task table related to the Section 

104c RFI from the FOMB regarding the PREPA mobility program prior to 

distribution to AAFAF, OGP and PREPA.

PR

50 Smith, James 9/29/21 0.4 750.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss status updates in preparation 

for the 10/1/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

9/29/21 0.9 495.00 $ 445.50 $ Update the information tracker for the FY 2021 fiscal plan RFI from creditors as 

requested by L. Porter (ACG).

Not in PR

50 San Miguel, 

Jorge

9/29/21 0.8 620.00 $ 496.00 $ Participate in discussion with G. Gil (ACG) regarding updates on 

transformation, DFMO, financial and operational matters resulting from the 

monthly PREPA Board of Directors meeting in preparation for the 10/1/21 biweekly mediation call.

PR

3 Porter, Lucas 9/29/21 0.5 570.00 $ 285.00 $ Review and revise the updated draft fleet status report from J. Smith (ACG) for 

submittal to the FOMB to inform FY 2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 9/29/21 0.3 875.00 $ 262.50 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

3 San Miguel, 

Jorge

9/29/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding request from F. Padilla 

(PREPA) related to enhanced corporate structure for federal funding and fiscal 

plan implementation.

PR

6 Gil, Gerard 9/29/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss comments to the GridCoGenCo Operating Agreement.

PR

50 Porter, Lucas 9/29/21 0.4 570.00 $ 228.00 $ Participate on call with J. Smith (ACG) to discuss status updates in preparation 

for the 10/1/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

9/29/21 0.6 495.00 $ 297.00 $ Review the revised draft follow-up request letter to PREPA ERS for missing 

participant loan data received on 9/13/21 related to the Section 104c RFI from 

the FOMB regarding the PREPA mobility program.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 46 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 238 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

25 Parker, 

Christine

9/29/21 1.1 200.00 $ 220.00 $ Prepare Exhibits A, B, C and D to the Ankura August 2021 monthly fee 

statement for review by J. Keys (ACG) prior to submitting to client and fee 

examiner.

Not in PR

3 Gil, Gerard 9/29/21 0.9 500.00 $ 450.00 $ Participate in discussion with G. Loran (AAFAF) regarding PREPA's 

organizational framework for the implementation of the FY 2022 fiscal plan 

initiatives and overall PREPA transformation process.

PR

50 Smith, James 9/29/21 1.0 750.00 $ 750.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system updates in preparation for the 10/1/21 bi-weekly mediation 

call.

Not in PR

25 Crisalli, Paul 9/29/21 0.2 875.00 $ 175.00 $ Review current draft of the Ankura August 2021 monthly fee statement and 

provide comments to Ankura billing team.

Not in PR

6 Porter, Lucas 9/29/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss comments to the GridCoGenCo Operating Agreement.Not in PR

6 Gil, Gerard 9/29/21 0.9 500.00 $ 450.00 $ Participate in meeting with I. Perez (P3A), S. De Jesus (P3A), V. Del Rio 

(CGSH), E. Finkelberg (CGSH), L. Porter (ACG) and other P3 Authority and 

Luma representatives to discuss service account funding issues for the draft 

GridCo-GenCo Operating Agreement.

PR

3 Gil, Gerard 9/29/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding request from F. 

Padilla (PREPA) related to enhanced corporate structure for federal funding and 

fiscal plan implementation.

PR

50 Keys, Jamie 9/29/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast documents prior to distribution of the 

weekly reporting package.

Not in PR

50 Gil, Gerard 9/29/21 0.8 500.00 $ 400.00 $ Participate in discussion with J. San Miguel (ACG) regarding updates on 

transformation, DFMO, financial and operational matters resulting from the 

monthly PREPA Board of Directors meeting in preparation for the 10/1/21 biweekly mediation call.

PR

50 Keys, Jamie 9/29/21 0.6 330.00 $ 198.00 $ Review the latest agenda for the 10/1/21 bi-weekly mediation call. Not in PR

50 Keys, Jamie 9/29/21 0.8 330.00 $ 264.00 $ Review the weekly project worksheet status report provided by S. Diaz (ARI) 

for use in the weekly FEMA flash report.

Not in PR

3 Gil, Gerard 9/29/21 0.3 500.00 $ 150.00 $ Participate on call with F. Padilla (PREPA) to discuss the PREPA 

organizational framework for the implementation of the FY 2022 fiscal plan 

initiatives and overall PREPA transformation process.

PR

3 San Miguel, 

Jorge

9/29/21 0.6 620.00 $ 372.00 $ Review the budget-to-actual report provided by N. Morales (PREPA) in 

preparation for meeting to discuss variances.

PR

40 Carr, Scott 9/29/21 3.5 615.00 $ 2,152.50 $ Prepare draft report documenting estimation of PREPA's excess vacation time. Not in PR

6 Porter, Lucas 9/29/21 0.9 570.00 $ 513.00 $ Participate in meeting with I. Perez (P3A), S. De Jesus (P3A), V. Del Rio 

(CGSH), E. Finkelberg (CGSH), G. Gil (ACG) and other P3 Authority and 

Luma representatives to discuss service account funding issues for the draft 

GridCo-GenCo Operating Agreement.

Not in PR

2 Crisalli, Paul 9/29/21 0.4 875.00 $ 350.00 $ Finalize the cash flow reporting for week ended 9/24/21. Not in PR

6 Porter, Lucas 9/29/21 0.2 570.00 $ 114.00 $ Correspond with V. Del Rio (CGSH) regarding service account funding 

considerations for the draft GridCo-GenCo Operating Agreement.

Not in PR

2 Crisalli, Paul 9/29/21 0.6 875.00 $ 525.00 $ Participate on call with E. Barbosa (PREPA), D. Miller (Luma), J. Estrada 

(Luma), G. Soto (Luma), R. Acosta (Luma) and J. Roque (Luma) regarding 

revenue and fuel and purchased power assumptions for the October 2021 cash 

flow budget.

Not in PR

3 San Miguel, 

Jorge

9/29/21 3.7 620.00 $ 2,294.00 $ Attend the monthly PREPA Board of Directors public meeting on matters 

related to fiscal plan, financial, operational and generation matters to advance 

FY 2022 fiscal plan implementation.

PR

50 Crisalli, Paul 9/29/21 0.4 875.00 $ 350.00 $ Review the FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

2 Crisalli, Paul 9/29/21 0.3 875.00 $ 262.50 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the weekly cash flow reports.

Not in PR

51 San Miguel, 

Jorge

9/29/21 0.6 620.00 $ 372.00 $ Participate in meeting with O. Chavez (PLLC) to discuss DFMO support 

initiatives on federal funding and capital project initiatives requested by F. 

Padilla (PREPA).

PR

3 Marino, 

Nicholas

9/29/21 1.1 495.00 $ 544.50 $ Review Annual Financial Information and Operating Data Report following call 

with R. Arrieta (SM) and L. Bauer (NR) to support FY 2022 fiscal plan 

implementation.

Not in PR

2 Crisalli, Paul 9/29/21 0.5 875.00 $ 437.50 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

50 Keys, Jamie 9/29/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding changes to the FEMA flash report. Not in PR

6 Porter, Lucas 9/29/21 1.3 570.00 $ 741.00 $ Prepare outline of service account funding considerations requested by P3 

Authority to support development of the draft GridCo-GenCo Operating 

Agreement.

Not in PR

51 Keys, Jamie 9/29/21 0.7 330.00 $ 231.00 $ Participate on call with S. Diaz (ARI), P. Crisalli (ACG) and J. San Miguel 

(ACG) regarding status update of emergency vendor invoices, project 

worksheets, RFIs, RFRs and related FEMA proceeds.

Not in PR

Exhibit C

November 1, 2021 / #PR00051 47 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 239 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

2 Crisalli, Paul 9/29/21 0.4 875.00 $ 350.00 $ Revise cash flow presentation materials for the week ended 9/24/21 for updated 

information provided by Luma.

Not in PR

50 Keys, Jamie 9/29/21 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable aging report for review by P. Crisalli 

(ACG) prior to distribution of the weekly reporting package.

Not in PR

3 Marino, 

Nicholas

9/29/21 0.2 495.00 $ 99.00 $ Review follow-up status requests received from L. Porter (ACG) for AAFAF, 

OGP and PREPA related to outstanding materials regarding the Section 104c 

RFI from the FOMB regarding the PREPA mobility program.

Not in PR

3 Porter, Lucas 9/29/21 0.5 570.00 $ 285.00 $ Review the updated daily generation reports received from G. Soto (Luma) to 

inform development of the generation operational report for the week ending 

9/26/21 required by the FY 2022 fiscal plan.

Not in PR

2 Crisalli, Paul 9/29/21 0.2 875.00 $ 175.00 $ Revise correspondence to Luma and PREPA regarding weekly budget versus 

actual cash flow variances.

Not in PR

50 Porter, Lucas 9/29/21 1.0 570.00 $ 570.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system updates in preparation for the 10/1/21 bi-weekly mediation 

call.

Not in PR

3 Porter, Lucas 9/29/21 0.5 570.00 $ 285.00 $ Prepare information request for J. Estrada (Luma) regarding PREPA operational 

information for the FY 2016 - FY 2018 Disclosure Statement.

Not in PR

3 Gil, Gerard 9/29/21 3.1 500.00 $ 1,550.00 $ Attend the monthly PREPA Board of Directors public meeting on matters 

related to fiscal plan, financial, operational and generation matters to advance 

FY 2022 fiscal plan implementation (partial).

PR

50 Keys, Jamie 9/29/21 0.9 330.00 $ 297.00 $ Prepare the weekly FEMA flash report for the week ended 9/24/21 for review by 

P. Crisalli (ACG).

Not in PR

6 Gil, Gerard 9/29/21 0.4 500.00 $ 200.00 $ Review and analyze flow of funds analysis in preparation for call with Luma 

and P3 Authority regarding the GridCo-GenCo Operating Agreement.

PR

6 Porter, Lucas 9/29/21 0.3 570.00 $ 171.00 $ Prepare and send comments from PREPA to S. Torres (P3A) and P3 Authority 

team regarding the draft GridCo-GenCo Operating Agreement.

Not in PR

6 Gil, Gerard 9/29/21 0.4 500.00 $ 200.00 $ Review latest mark-up of the GridCo and GenCo Operating Agreement in 

preparation for upcoming working session with Luma and P3 Authority.

PR

3 Gil, Gerard 9/29/21 0.3 500.00 $ 150.00 $ Participate on call with F. Padilla (PREPA) to debrief on PREPA Board of 

Directors discussion items related to FY 2022 fiscal plan implementation and 

the PREPA corporate reorganization.

PR

50 Crisalli, Paul 9/29/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

3 San Miguel, 

Jorge

9/29/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) and L. Porter (ACG) to discuss the 

FY 2021 budget-to-actual variance report.

PR

50 Smith, James 9/29/21 1.6 750.00 $ 1,200.00 $ Watch a portion of the PREPA Board of Directors meeting to collect 

information relevant to the creditor update workstream.

Not in PR

2 Crisalli, Paul 9/29/21 0.2 875.00 $ 175.00 $ Prepare for call with Luma and PREPA regarding revenue and fuel and 

purchased power assumptions for the October 2021 cash flow budget.

Not in PR

51 San Miguel, 

Jorge

9/29/21 0.7 620.00 $ 434.00 $ Participate on call with S. Diaz (ARI), J. Keys (ACG) and P. Crisalli (ACG) 

regarding status update of emergency vendor invoices, project worksheets, RFIs, 

RFRs and related FEMA proceeds.

PR

3 Porter, Lucas 9/29/21 1.6 570.00 $ 912.00 $ Prepare the generation operational report for the week ending 9/26/21 based on 

data received from G. Soto (Luma) for FOMB as required by the FY 2022 fiscal 

plan.

Not in PR

50 Keys, Jamie 9/29/21 0.5 330.00 $ 165.00 $ Prepare the weekly reporting package for distribution. Not in PR

40 Bailey, Nate 9/29/21 0.5 380.00 $ 190.00 $ Analyze data to determine missing data for analysis of potential excess vacation 

liability.

Not in PR

6 Porter, Lucas 9/29/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) to discuss service account funding issues 

for the draft GridCo-GenCo Operating Agreement.

Not in PR

50 Marino, 

Nicholas

9/29/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/1/21 bi-weekly mediation call. 

Not in PR

3 San Miguel, 

Jorge

9/29/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) regarding budget-to-actual updates 

and RFI from Luma.

PR

3 Marino, 

Nicholas

9/29/21 1.3 495.00 $ 643.50 $ Continue review of Generation directorate budget-to-actual materials to track 

FY 2022 variances ahead of update call.

Not in PR

40 Movaghar, 

Veeda

9/29/21 2.5 305.00 $ 762.50 $ Enter additional vacation balance information from employee files to be used in 

modeling of excess vacation time, as described in the Arbitration Award.

Not in PR

51 San Miguel, 

Jorge

9/29/21 0.5 620.00 $ 310.00 $ Participate on call with O. Chavez (PLLC) to discuss federal funding matters in 

support of cash flow and liquidity projections.

PR

25 Keys, Jamie 9/30/21 1.4 330.00 $ 462.00 $ Review the final Ankura August 2021 monthly fee statement provided by C. 

Parker (ACG).

Not in PR

50 Smith, James 9/30/21 0.5 750.00 $ 375.00 $ Review the PREB regulatory docket and filings related to PREPA and Luma in 

preparation for the 10/1/21 bi-weekly mediation call.

Not in PR

40 Movaghar, 

Veeda

9/30/21 3.1 305.00 $ 945.50 $ Prepare calculation of additional vacation balance information from employee 

files for use in modeling excess vacation time, as described in the Arbitration 

Award for analysis of potential excess vacation liability.

Not in PR

2 San Miguel, 

Jorge

9/30/21 0.3 620.00 $ 186.00 $ Participate on calls with P. Crisalli (AG) regarding the federal funding-related 

cash flow requested from F. Padilla (PREPA) and other cash flow matters.

PR

Exhibit C

November 1, 2021 / #PR00051 48 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 240 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

40 Movaghar, 

Veeda

9/30/21 1.9 305.00 $ 579.50 $ Perform analysis of additional vacation balance information from employee files 

for use in modeling of excess vacation time, as described in the Arbitration 

Award for analysis of potential excess vacation liability.

Not in PR

3 Gil, Gerard 9/30/21 2.7 500.00 $ 1,350.00 $ Review and prepare comments to the PREPA Reorganization Plan for 

submission to the FOMB as required by the FY 2022 fiscal plan.

PR

3 Porter, Lucas 9/30/21 0.4 570.00 $ 228.00 $ Prepare comments to the draft PREPA Reorganization Plan with supporting 

materials prior to distribution to K. Bolanos (DV) for final review. 

Not in PR

51 Keys, Jamie 9/30/21 0.7 330.00 $ 231.00 $ Review the final Hurricane Maria funding summary provided by P. Crisalli 

(ACG) as requested by F. Padilla (PREPA).

Not in PR

50 Porter, Lucas 9/30/21 0.6 570.00 $ 342.00 $ Revise draft call notes from J. Smith (ACG) and J. San Miguel (ACG) for the 

10/1/21 bi-weekly mediation call.

Not in PR

51 San Miguel, 

Jorge

9/30/21 0.3 620.00 $ 186.00 $ Correspond with M. DiConza (OMM) on the matter of emergency vendor 

accounts payable status and the federal funding reimbursement process.

PR

2 San Miguel, 

Jorge

9/30/21 0.2 620.00 $ 124.00 $ Participate in discussion with G. Gil (ACG) regarding inquiry received from F. 

Padilla (PREPA) related to federal funding cash flows.

PR

50 Porter, Lucas 9/30/21 0.6 570.00 $ 342.00 $ Analyze fuel prices and costs to inform updates to draft meeting notes for J. San 

Miguel (ACG) for the 10/1/21 bi-weekly mediation call.

Not in PR

50 Smith, James 9/30/21 0.4 750.00 $ 300.00 $ Participate in discussion with J. San Miguel (ACG) regarding the draft agenda 

for the 10/1/21 bi-weekly mediation call related to financial, operational and 

transformation initiatives.

Not in PR

25 Crisalli, Paul 9/30/21 0.5 875.00 $ 437.50 $ Review the final Ankura August 2021 monthly fee statement. Not in PR

3 Porter, Lucas 9/30/21 0.8 570.00 $ 456.00 $ Revise the latest draft PREPA Reorganization Plan received from G. Gil (ACG) 

for submittal to the FOMB as required by the FY 2022 fiscal plan.

Not in PR

3 Gil, Gerard 9/30/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss status of the draft PREPA 

Reorganization Plan required by the FY 2022 fiscal plan.

PR

25 Parker, 

Christine

9/30/21 1.2 200.00 $ 240.00 $ Assemble final version of the Ankura August 2021 monthly fee statement for 

approval and sign-off by P. Crisalli (ACG).

Not in PR

50 Gil, Gerard 9/30/21 1.0 500.00 $ 500.00 $ Review PREB rate order on fuel and purchased power and related docket items 

in preparation for the 10/1/21 bi-weekly mediation call.

PR

25 Keys, Jamie 9/30/21 0.6 330.00 $ 198.00 $ Review the final Ankura August 2021 monthly fee statement exhibits provided 

by C. Parker (ACG).

Not in PR

25 Keys, Jamie 9/30/21 0.7 330.00 $ 231.00 $ Participate on telephone call with C. Parker (ACG) regarding finalizing the 

Ankura August 2021 monthly fee statement.

Not in PR

2 Gil, Gerard 9/30/21 0.1 500.00 $ 50.00 $ Participate on call with P. Crisalli (ACG) regarding federal funding related cash 

flow information as requested by F. Padilla (PREPA).

PR

3 Marino, 

Nicholas

9/30/21 0.6 495.00 $ 297.00 $ Review the updated FY 2022 fiscal plan macroeconomic assumptions and load 

forecast received from L. Porter (ACG) via Luma.

Not in PR

6 Gil, Gerard 9/30/21 1.3 500.00 $ 650.00 $ Participate in meeting with S. Rodriguez (P3A), C. Kordula (CGSH), V. Del Rio 

(CGSH), E. Finkelberg (CGSH), J. Cochrane (FTI), E. Smith (FTI), L. Santa 

(PREPA) and K. Bolanos (DV) to discuss budget process under the GridCoGenCo Operating Agreement, flow of funds and account structure.

PR

51 San Miguel, 

Jorge

9/30/21 0.5 620.00 $ 310.00 $ Participate in discussion with O. Chavez (PLLC) regarding agenda and working 

outline to address requests from F. Padilla (PREPA) related to DFMO functions 

and role.

PR

6 Gil, Gerard 9/30/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss comments to the draft 

GridCo-GenCo Operating Agreement in preparation for meeting with P3 

Authority.

PR

3 Porter, Lucas 9/30/21 0.9 570.00 $ 513.00 $ Prepare analysis request with supporting materials for J. Estrada (Luma) and 

other Luma representatives to support update to the FY 2022 fiscal plan 

requested by the FOMB.

Not in PR

2 Crisalli, Paul 9/30/21 0.3 875.00 $ 262.50 $ Participate on calls with J. San Miguel (ACG) regarding the federal fundingrelated cash flow requested from F. Padilla (PREPA) and other cash flowrelated matters.Not in PR

40 Movaghar, 

Veeda

9/30/21 1.0 305.00 $ 305.00 $ Review calculation and data entry of 1995 vacation balance information for use 

in modeling of excess vacation time, as described in the Arbitration Award for 

analysis of potential excess vacation liability.

Not in PR

50 Smith, James 9/30/21 0.2 750.00 $ 150.00 $ Review the generation operational reports prepared by L. Porter (ACG) in 

preparation for the 10/1/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

9/30/21 0.4 620.00 $ 248.00 $ Participate in discussion with J. Smith (ACG) regarding the draft agenda for the 

10/1/21 bi-weekly mediation call related to financial, operational and 

transformation initiatives.

PR

3 Porter, Lucas 9/30/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss status of the draft PREPA 

Reorganization Plan required by the FY 2022 fiscal plan.

Not in PR

3 Gil, Gerard 9/30/21 0.3 500.00 $ 150.00 $ Participate on call with A. Rodriguez (PREPA) to discuss the draft PREPA 

Reorganization Plan required by the FY 2022 fiscal plan.

PR

51 San Miguel, 

Jorge

9/30/21 0.3 620.00 $ 186.00 $ Review and correspond with S. Diaz (ARI) and Y. Lugo (PREPA) on 

emergency vendor accounts payable updates and the federal funding 

reimbursement process.

PR

Exhibit C

November 1, 2021 / #PR00051 49 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 241 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

6 Porter, Lucas 9/30/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss comments to the draft GridCoGenCo Operating Agreement in preparation for meeting with P3 Authority.Not in PR

3 Gil, Gerard 9/30/21 0.2 500.00 $ 100.00 $ Participate on call with K. Bolanos (DV) to discuss final edits to the draft 

PREPA Reorganization Plan to be submitted to the FOMB as required by the 

FY 2022 fiscal plan.

PR

3 Gil, Gerard 9/30/21 0.3 500.00 $ 150.00 $ Participate on call with F. Padilla (PREPA) to discuss PREPA Reorganization 

Plan to advance FY 2022 fiscal plan implementation.

PR

3 Gil, Gerard 9/30/21 0.8 500.00 $ 400.00 $ Participate in meeting with J. San Miguel (ACG) to discuss next steps and 

takeaways from meeting with P3 Authority advisors related to the corporate 

reorganization in preparation for submittal to the FOMB.

PR

50 San Miguel, 

Jorge

9/30/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Gil (ACG) regarding updated agenda items for 

the 10/1/21 bi-weekly mediation call.

PR

6 Gil, Gerard 9/30/21 0.5 500.00 $ 250.00 $ Prepare for meeting with PREPA and P3 Authority regarding the GridCoGenCo Operating Agreement.PR

50 Smith, James 9/30/21 0.3 750.00 $ 225.00 $ Update draft outline with updated generation outage information in preparation 

for the 10/1/21 bi-weekly mediation call.

Not in PR

50 Marino, 

Nicholas

9/30/21 1.7 495.00 $ 841.50 $ Review and aggregate PREB docket for Resolutions and Orders related to recent 

events for J. San Miguel (ACG) and J. Smith (ACG).

Not in PR

2 Crisalli, Paul 9/30/21 0.1 875.00 $ 87.50 $ Participate on call with G. Gil (ACG) regarding federal funding-related cash 

flow information as requested by F. Padilla (PREPA).

Not in PR

50 Smith, James 9/30/21 0.8 750.00 $ 600.00 $ Review recent news, outage information and legislative information related to 

Luma and PREPA and update draft notes in preparation for the 10/1/21 biweekly mediation call.

Not in PR

50 Keys, Jamie 9/30/21 0.5 330.00 $ 165.00 $ Prepare the weekly reporting package for distribution. Not in PR

50 Smith, James 9/30/21 1.6 750.00 $ 1,200.00 $ Update draft outline for the 10/1/21 bi-weekly mediation call based on 

discussions with J. San Miguel (ACG).

Not in PR

50 Gil, Gerard 9/30/21 1.1 500.00 $ 550.00 $ Review and provide comments to materials in preparation for the 10/1/21 biweekly mediation call.

PR

50 Porter, Lucas 9/30/21 1.0 570.00 $ 570.00 $ Review the PREB regulatory order on fuel and purchased power rates to inform 

updates to draft call notes for J. San Miguel (ACG) for the 10/1/21 bi-weekly 

mediation call.

Not in PR

50 Marino, 

Nicholas

9/30/21 1.2 495.00 $ 594.00 $ Aggregate PREPA-related news for J. San Miguel (ACG) and J. Smith (ACG) to 

inform discussion materials for the 10/1/21 bi-weekly mediation call. 

Not in PR

2 Keys, Jamie 9/30/21 0.2 330.00 $ 66.00 $ Participate on calls with P. Crisalli (ACG) regarding reconciliation of federal 

funding-related cash flow receipts and disbursements to inform requests 

received from F. Padilla (PREPA).

Not in PR

2 Crisalli, Paul 9/30/21 0.2 875.00 $ 175.00 $ Participate on calls with J. Keys (ACG) regarding the reconciliation of federal 

funding-related cash flow receipts and disbursements to inform requests 

received from F. Padilla (PREPA).

Not in PR

2 Gil, Gerard 9/30/21 0.2 500.00 $ 100.00 $ Participate in discussion with J. San Miguel (ACG) regarding inquiry received 

from F. Padilla (PREPA) related to federal funding cash flows.

PR

50 San Miguel, 

Jorge

9/30/21 1.3 620.00 $ 806.00 $ Review regulatory updates from PREB and transformation updates from 

PREPA to inform discussion points for the 10/1/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

9/30/21 0.9 620.00 $ 558.00 $ Review updated information on PREPA Board of Directors and management 

restructuring developments to inform discussion points for the 10/1/21 biweekly mediation call.

PR

2 Crisalli, Paul 9/30/21 1.2 875.00 $ 1,050.00 $ Develop a detailed schedule of federal funding-related cash sources and uses for 

F. Padilla (PREPA).

Not in PR

40 Carr, Scott 9/30/21 3.5 615.00 $ 2,152.50 $ Prepare draft report updating Ankura's estimate of PREPA's excess vacation 

time to reflect new methodology.

Not in PR

3 San Miguel, 

Jorge

9/30/21 0.8 620.00 $ 496.00 $ Participate in meeting with G. Gil (ACG) to discuss next steps and takeaways 

from meeting with P3 Authority advisors related to the corporate reorganization 

in preparation for submittal to the FOMB.

PR

3 Porter, Lucas 9/30/21 1.6 570.00 $ 912.00 $ Analyze the updated draft macroeconomic projections provided by P. Smulders 

(MCK) to inform updates to the FY 2022 fiscal plan requested by the FOMB.

Not in PR

50 Crisalli, Paul 9/30/21 0.7 875.00 $ 612.50 $ Review and revise materials related to cash flow and liquidity for the 10/1/21 biweekly mediation call.

Not in PR

3 San Miguel, 

Jorge

9/30/21 0.6 620.00 $ 372.00 $ Participate on call with OMB representatives regarding budget and purchasing 

requirements for power plant sites to inform F. Padilla (PREPA) and the 

PREPA Board of Directors.

PR

51 San Miguel, 

Jorge

9/30/21 0.7 620.00 $ 434.00 $ Prepare summary of the emergency vendor accounts payable update report and 

federal funding reimbursement process in preparation for discussion with 

AAFAF and Fortaleza.

PR

50 Smith, James 9/30/21 1.4 750.00 $ 1,050.00 $ Prepare fleet status report for distribution to creditors in advance of the 10/1/21 

bi-weekly mediation call.

Not in PR

51 Keys, Jamie 9/30/21 1.2 330.00 $ 396.00 $ Prepare summary of federal funding related to Hurricane Maria as requested by 

F. Padilla (PREPA).

Not in PR

Exhibit C

November 1, 2021 / #PR00051 50 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 242 of 245
Exhibit C - Complete Accounting Of Professional Fees Including Itemized Time Records by Task Code In Chronological Order

Code Professional Date Billed Hours Hourly

Rate 

 Billed 

Fees Time Description Work 

Location

25 Parker, 

Christine

9/30/21 0.7 200.00 $ 140.00 $ Participate on telephone call with J. Keys (ACG) regarding finalizing the 

Ankura August 2021 monthly fee statement.

Not in PR

3 Crisalli, Paul 9/30/21 0.8 875.00 $ 700.00 $ Prepare the post-certification fiscal plan cash flow and liquidity related reports 

for week ended 9/24/21.

Not in PR

2 San Miguel, 

Jorge

9/30/21 0.5 620.00 $ 310.00 $ Review updated emergency vendor accounts payable information provided by 

N. Morales (PREPA) and E. Abbott (BD) to inform cash flow projections.

PR

3 Porter, Lucas 9/30/21 1.1 570.00 $ 627.00 $ Revise supporting exhibits requested by G. Gil (ACG) for the draft PREPA 

Reorganization Plan submittal to the FOMB as required by the FY 2022 fiscal 

plan.

Not in PR

3 Porter, Lucas 9/30/21 0.5 570.00 $ 285.00 $ Prepare responding questions and comments to P. Smulders (MCK), Y. Hickey 

(FOMB) and other FOMB representatives regarding the initial draft 

macroeconomic projections.

Not in PR

50 Smith, James 9/30/21 1.6 750.00 $ 1,200.00 $ Review and compile the September generation operations and outage reports 

received from G. Soto (Luma) in support of the creditor reporting workstream.

Not in PR

50 Gil, Gerard 9/30/21 0.3 500.00 $ 150.00 $ Participate in discussion with J. San Miguel (ACG) regarding updated agenda 

items for the 10/1/21 bi-weekly mediation call.

PR

50 Porter, Lucas 9/30/21 0.2 570.00 $ 114.00 $ Correspond with J. Smith (ACG) regarding the PREB regulatory order on fuel 

and purchased power rates for the 10/1/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

9/30/21 1.3 495.00 $ 643.50 $ Review prior PREPA overtime reporting and presentation materials ahead of 

receiving remaining FY 2021 data from K. Diaz (PREPA).

Not in PR

25 Parker, 

Christine

9/30/21 1.6 200.00 $ 320.00 $ Review final version of the Ankura August 2021 monthly fee statement prior to 

submitting to client, fee examiner and Prime Clerk.

Not in PR

TOTAL 1,145.9 624,258.80 $ 

Exhibit C

November 1, 2021 / #PR00051 51 of 51

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 243 of 245
EXHIBIT D 

EXPENSE SUMMARY BY EXPENSE CATEGORY AND 

COMPLETE ACCOUNTING OF EXPENSES 

INCLUDING ITEMIZED RECORDS BY PROFESSIONAL 

IN CHRONOLOGICAL ORDER

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 244 of 245
Exhibit D – Expense Summary By Expense Category and Complete Accounting Of Expenses Including Itemized Records

By Professional In Chronological Order

 Expense Category 

Billed 

Amount

Airfare / Railway $ -

Lodging $ -

Meals $ -

Transportation $ -

TOTAL - $ 

Exhibit D

November 1, 2021 / #PR00051 1 of 1

Case:17-03283-LTS Doc#:22693 Filed:10/26/22 Entered:10/26/22 13:25:20 Desc: Main

Document Page 245 of 245