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

 

 

FOURTEENTH 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 

OCTOBER 1, 2021 THROUGH JANUARY 31, 2022 

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

Authorized to Provide 

Professional Services to: Debtor 

Period for which compensation 

and reimbursement is sought October 1, 2021 through January 31, 2022 

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

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 1 of 229
2 

Amount of compensation sought

as actual, reasonable and necessary: $ 1,760,748.30 

Amount of expense reimbursement 

sought as actual, reasonable and 

necessary: $ 2,896.41 

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

This is Ankura’s Fourteenth 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 (121,020.75) (8,775.41) (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 (87,086.72) (20,590.46) (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 4 691,984.00 48,950.75 740,934.75 (10,379.76) (613,115.34) 117,439.65

8/1/19 - 8/31/19 4 671,483.50 66,065.93 737,549.43 (10,072.25) (645,930.41) 81,546.77

9/1/19 - 9/30/19 4 432,805.00 52,003.85 484,808.85 (6,492.08) (427,268.86) 51,047.91

Seventh Interim Fee Period $ 2,515,849.50 $ 230,089.53 $ 2,745,939.03 $ (37,737.75) $ (2,343,759.57) $ 364,441.71

Adjustment for ERM Billing Methodology 4 186,834.00 20,329.51 207,163.51 (2,802.51) $ (186,011.05) 18,349.96

Seventh Interim Fee Period, Adjusted $ 2,702,683.50 $ 250,419.04 $ 2,953,102.54 $ (40,540.26) $ (2,529,770.62) $ 382,791.67

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 2 of 229
3 

Compensation Period Fees Expenses 

Total Fees and 

Expenses

Puerto 

Rico Tax

 Amount Paid 

to Ankura 

 Total 

Outstanding 

10/1/19 - 10/31/19 4 $ 553,390.00 $ 60,036.45 $ 613,426.45 $ (8,300.85) $ (537,699.36) $ 67,426.24

11/1/19 - 11/30/19 4 477,208.50 38,968.14 516,176.64 (7,158.13) (456,309.31) 52,709.20

12/1/19 - 12/31/19 579,963.50 30,592.54 610,556.04 (8,699.45) (539,180.91) 62,675.68

1/1/20 - 1/31/20 413,267.00 35,808.88 449,075.88 (6,199.01) (397,204.90) 45,671.97

Eighth Interim Fee Period $ 2,023,829.00 $ 165,406.01 $ 2,189,235.01 $ (30,357.44) $ (1,930,394.48) $ 228,483.09

Adjustment for ERM Billing Methodology 4 105,560.00 4,553.64 110,113.64 (1,583.40) (98,132.58) 10,397.66

Eighth Interim Fee Period, Adjusted $ 2,129,389.00 $ 169,959.65 $ 2,299,348.65 $ (31,940.84) $ (2,028,527.06) $ 238,880.75

2/1/20 - 2/29/20 $ 426,712.50 $ 35,069.66 $ 461,782.16 $ (6,400.69) $ (407,243.99) $ 48,137.48

3/1/20 - 3/31/20 553,835.00 15,512.75 569,347.75 (8,307.53) (504,550.37) 56,489.85

4/1/20 - 4/30/20 633,511.00 - 633,511.00 (9,502.67) (561,607.50) 62,400.83

5/1/20 - 5/31/20 537,607.00 - 537,607.00 (8,064.11) (476,588.61) 52,954.28

Ninth Interim Fee Period $ 2,151,665.50 $ 50,582.41 $ 2,202,247.91 $ (32,275.00) $ (1,949,990.47) $ 219,982.44

6/1/20 - 6/30/20 $ 551,603.00 $ - $ 551,603.00 $ (8,274.05) $ (488,996.05) $ 54,332.90

7/1/20 - 7/31/20 497,695.00 - 497,695.00 (7,465.43) (343,912.80) 146,316.77

8/1/20 - 8/31/20 517,119.50 - 517,119.50 (7,756.79) (404,910.20) 104,452.51

9/1/20 - 9/30/20 553,342.00 - 553,342.00 (8,300.13) (490,537.68) 54,504.19

Tenth Interim Fee Period $ 2,119,759.50 $ - $ 2,119,759.50 $ (31,796.40) $ (1,728,356.73) $ 359,606.37

10/1/20 - 10/31/20 $ 628,101.50 $ 36,019.70 $ 664,121.20 $ (9,421.52) $ (559,320.03) $ 95,379.65

11/1/20 - 11/30/20 420,545.50 - 420,545.50 (6,308.18) (372,813.59) 41,423.73

12/1/20 - 12/31/20 380,671.50 - 380,671.50 (5,710.07) (309,095.51) 65,865.92

1/1/21 - 1/31/21 421,549.40 - 421,549.40 (6,323.24) (346,456.17) 68,769.99

Eleventh Interim Fee Period $ 1,850,867.90 $ 36,019.70 $ 1,886,887.60 $ (27,763.01) $ (1,587,685.30) $ 271,439.29

2/1/21 - 2/28/21 $ 419,276.80 $ - $ 419,276.80 $ (6,289.15) $ (371,688.88) $ 41,298.77

3/1/21 - 3/31/21 653,913.80 - 653,913.80 (9,808.71) (565,003.95) 79,101.14

4/1/21 - 4/30/21 762,779.50 - 762,779.50 (11,441.69) (642,403.11) 108,934.70

5/1/21 - 5/31/21 527,580.50 - 527,580.50 (7,913.71) (467,700.12) 51,966.67

Twelfth Interim Fee Period $ 2,363,550.60 $ - $ 2,363,550.60 $ (35,453.26) $ (2,046,796.06) $ 281,301.28

6/1/21 - 6/30/21 $ 493,626.00 $ - $ 493,626.00 $ (7,404.39) $ (476,112.50) $ 10,109.11

7/1/21 - 7/31/21 412,587.50 - 412,587.50 (6,188.81) (365,758.82) 40,639.87

8/1/21 - 8/31/21 491,001.40 - 491,001.40 (7,365.02) (435,272.74) 48,363.64

9/1/21 - 9/30/21 624,258.80 - 624,258.80 (9,363.88) (553,405.43) 61,489.49

Thirteenth Interim Fee Period $ 2,021,473.70 $ - $ 2,021,473.70 $ (30,322.10) $ (1,830,549.49) $ 160,602.11

10/1/21 - 10/31/21 $ 561,471.00 $ - $ 561,471.00 $ (8,422.07) $ (497,744.04) $ 55,304.89

11/1/21 - 11/30/21 383,053.90 1,531.55 384,585.45 (5,745.81) (341,108.83) 37,730.81

12/1/21 - 12/31/21 440,193.40 - 440,193.40 (6,602.90) (390,231.45) 43,359.05

1/1/22 - 1/31/22 376,030.00 1,364.86 377,394.86 (5,640.45) (334,615.45) 37,138.96

Fourteenth Interim Fee Period $ 1,760,748.30 $ 2,896.41 $ 1,763,644.71 $ (26,411.23) $ (1,563,699.77) $ 173,533.71

TOTAL $ 34,668,127.89 $ 1,633,470.10 $ 36,301,597.99 $ (520,021.96) $ (32,926,057.37) $ 2,855,465.14

Notes:

1

 Agreed upon adjustment based on consensual agreement reached between Ankura Consulting Group and the Fee Examiner, and approved by court order dated April 17, 2018 (docket #2911).

2

 Agreed upon adjustment based on consensual agreement reached between Ankura Consulting Group and the Fee Examiner, and approved by court order dated July 22, 2019 (docket #8189).

3

 Agreed upon adjustment based on consensual agreement reached between Ankura Consulting Group and the Fee Examiner, and approved by court order dated March 8, 2021 (docket #2391).

4

 In the Eighth Interim Fee Period the Applicant agreed with PREPA to change the billing methodology for the ERM Project from a fixed monthly fee to an hours multiplied by hourly rates, plus

actual out-of-pocket expenses, retroactively to July 2019. Although the Applicant implemented this change in the December 2019 monthly fee statement, adjustments to professional fees

and out-of-pocket expenses included in the monthly fee statements for the period July 2019 through November 2019 were necessary. The Applicant has not modified the previously

submitted monthly fee statements, but alternatively reflected the adjustments in the exhibits to the interim fee application. Detail time and out-of-pocket expense descriptions, and

out-of-pocket expense receipts will be provided separately to the Fee Examiner. 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 3 of 229
4

Dated: San Juan, Puerto Rico ANKURA CONSULTING GROUP, LLC

March 7, 2023

By:___________________________ 

 

Paul Crisalli, Jr.

ANKURA CONSULTING GROUP, LLC

485 Lexington Avenue, 10th Floor

New York, NY 10017

Telephone: (212) 818-1555

Paul.Crisalli@ankura.com

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 4 of 229
5 

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

 

 

FOURTEENTH 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 

OCTOBER 1, 2021 THROUGH JANUARY 31, 2022 

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

and Reimbursement of Expenses includes the period October 1, 2021 through January 31, 

2022 (“the Fourteenth Interim Fee Period”) of Ankura Consulting Group, LLC (“Ankura” 

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

collectively the “Debtor”, respectfully represents as follows:

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

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 5 of 229
6 

Introduction

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

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

amount of $1,760,748.30 and actual and necessary out-of-pocket expenses of $2,896.41. 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 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 6 of 229
7 

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 Fourteenth 

Interim Fee Period; 

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

Interim Fee Period; 

iv. Exhibit D – Summary of Expenses by Category in the Fourteenth 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 October 1, 2021 through October 31, 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 November 1, 2021 through November 30, 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 December 1, 2021 through December 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 January 1, 2022 through January 31, 2022. 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 7 of 229
8

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

the Applicant and PREPA, and given the travel restrictions resulting from the COVID-19 

pandemic, the Applicant will not seek payment of travel time during this interim period. In 

addition, the Applicant chose to exclude certain time (and professional fees) 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, the Applicant will not seek reimbursement of $370.94 in expenses incurred during 

the Fourteenth 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.

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 8 of 229
9 

Summary of Services

14. During the Fourteenth 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.

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

rendered by, the Applicant during the Fourteenth 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 

Fourteenth 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 – 1,551.7 Hours; $851,224.80 Fees. 

During the Fourteenth Interim Fee Period, the Applicant worked with the Debtor and the 

Financial Oversight & Management Board for Puerto Rico (“FOMB”) to prepare, 

develop, implement directives and report on progress related to the Debtor’s fiscal plans 

and annual budgets. 

The work associated with the fiscal plans and annual budgets 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. 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 9 of 229
10

FY 2021 Fiscal Plan and Budget

The Applicant expended time during the Fourteenth Interim Fee Period related to 

finalizing and completing its required reporting on 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. The time the Applicant expended related to the FY 2021 

Fiscal Plan and Budget 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) revising and incorporating actual results into certain short- and long-term 

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

including customer rate forecasts and financial statement projections; 

iii) 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;

iv) finalizing preparation and submission of the final quarterly Budget-to-Actual 

financial report for the FY 2021 Fiscal Plan and Budget to the FOMB; and,

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

parties-in-interest.

FY 2022 Fiscal Plan and Budget

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

to supporting implementation and reporting on the “FY 2022 Fiscal Plan and Budget”.

3

 

The final FY 2022 Fiscal Plan was certified by the FOMB on May 27, 2021. The FY

2022 Budget was certified by FOMB on May 31, 2021, and thereafter revised to correct 

and adjust certain accounts, and certified in its final revised form on July 1, 2021. The 

time the Applicant expended related to the FY 2022 Fiscal Plan and Budget 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, representatives of the Debtor, Luma Energy 

LLC (“Luma”), the FOMB and other parties-in-interest; 

ii) meeting with representatives of the Debtor, as well as the FOMB, to report on 

progress regarding the implementation of operational and performance 

improvement initiatives for PREPA across four initiative groupings;

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

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

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.” 3 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.”

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 10 of 229
11

planning; 

iv) review and update of certain short- and long-term financial models and 

projections for revenues and expenses of the Debtor, including customer rate 

forecasts and financial statement projections; 

v) 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; 

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

Debtor’s FY 2022 Budget, including fuel and non-fuel operating expenses and 

necessary maintenance expenses;

vii) developing and maintaining information on Debtor liabilities; and, 

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

parties-in-interest.

FY 2023 Fiscal Plan and Budget

During the Fourteenth Interim Fee Period the Applicant assisted the Debtor with the 

initial preparation and planning related to the FY 2023 Fiscal Plan and Budget.4

 The 

Fiscal Plan and Budget is prepared every year to meet a schedule established by the 

FOMB under Section 201 of PROMESA. The Applicant expended time during the 

Fourteenth Interim Fee Period related to the preparation and development of the FY 2023

Fiscal Plan and Budget that included, but was not limited to, the following: 

i) participate in discussions with the Debtor management regarding the initial 

information related to the FY 2023 Fiscal Plan and Budget development;

ii) begin development of the workplan for the FY 2023 Fiscal Plan;

iii) assist the Debtor developing the FY 2023 Budget for relevant remaining 

functions, primarily Generation operations and maintenance, and preparing for 

and presenting the budgets to the Puerto Rico Energy Bureau and FOMB;

iv) analyze the FY 2022 Budget and actual results for YTD FY 2022 to inform the 

development of the FY 2023 Budget; and, 

v) respond to FOMB inquiries regarding the FY 2023 Budget.

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”). 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.”

4 For the avoidance of doubt the defined term “FY 2023 Fiscal Plan and Budget” used herein is consistent with 

PREPA nomenclature for the fiscal year ending June 30, 2023. However, the FOMB refers to this fiscal plan as the 

“2022 Fiscal Plan for the Puerto Rico Electric Power Authority.”

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 11 of 229
12

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 

Fourteenth Interim Fee Period contributed to and supported the Debtor’s compliance with 

contract requirements 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 Fourteenth 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, and proposals were submitted by the Proponents shortly thereafter. 

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 

Fourteenth 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 

Fourteenth 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 

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 and responding to Proponents’ requests for 

information/clarification in support of the Generation Transaction RFP due 

diligence process;

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 12 of 229
13

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

analyses related to and supporting the Transformation Transactions;

vi) 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;

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

Agreement requirements;

viii) assisting the Debtor in preparation for Congressional hearings regarding the 

T&D Transaction;

ix) 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,

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

P3A related to the Transformation Transactions.

SWAP Portfolio Analysis

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

related to SWAP valuations related to the Debtor’s financial statements. Services in this 

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

i) participate on calls with the PREPA management and KPMG related to the 

2019 financial statements;

ii) develop, review and update SWAP valuation models and supporting analyses; 

iii) reviewing 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 

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 – 718.4 Hours; $472,403.00 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 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 13 of 229
14

Officer, other Debtor personnel in Finance, Operations 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 and Insurance Claims

The Applicant also continued to incur time during the Fourteenth 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 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) prepare financial analyses regarding the outstanding invoices, payments and 

FEMA proceeds related to emergency vendors to assess the historic and 

forecasted impact to PREPA’s liquidity;

iii) participate on calls with the Debtor, and other financial and legal advisors, 

regarding outstanding invoices, payments and FEMA proceeds related to 

emergency vendors;

iv) assist the Debtor with the reorganization and structure changes to the PREPA 

PMO and DFMO; 

v) assisted the Debtor with various tasks related to federal funding and insurance 

claims related to damages caused by Hurricane Maria and the major 

earthquake that struck the island of Puerto Rico in early January 2020;

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

parties-in-interest; and,

vii) engaging with the Debtor, and other relevant stakeholders, regarding public 

assistance programs and alternative strategies of securing federal 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 $1.8 billion in 

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

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 14 of 229
15

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 cash flow and liquidity.

Title III Matters – 302.3 Hours; $101,514.50 Fees.

During the Fourteenth 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.

Other Matters – 598.0 Hours; $335,606.00 Fees. 

During the Fourteenth 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 weekly and monthly financial and operating reports to the FOMB, 

AAFAF and creditors; 

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

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

advisors; and,

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

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 Fourteenth 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 and conference 

calls, with Debtor representatives from various directorates, as well as with 

advisors, on regulatory developments and docket filings at the Puerto Rico 

Energy Bureau. 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 15 of 229
16 

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

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

to, the following services: 

i) correspondence with PREPA management;

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

other supporting tasks; 

iii) reviewing legal documents, financial documents 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 

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 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 16 of 229
17

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 

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 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 17 of 229
18 

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 Fourteenth 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 $1,760,748.30; ii) approving interim reimbursement of out-of-pocket expenses in the sum 

of $2,896.41; iii) directing payment for all compensation and expenses for the Fourteenth Interim 

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

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 18 of 229
19 

Dated: San Juan, Puerto Rico ANKURA CONSULTING GROUP, LLC 

March 7, 2023 

By: 

Paul Crisalli, Jr.

ANKURA CONSULTING GROUP, LLC

485 Lexington Avenue, 10th Floor 

New York, NY 10017 

Telephone: (212) 818-1555 

Paul.Crisalli@ankura.com

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 19 of 229
EXHIBIT A 

CERTIFICATION OF PAUL CRISALLI, JR. 

 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 20 of 229
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 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 FOURTEENTH

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 OCTOBER 1, 2021 THROUGH JANUARY 31, 2022

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

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 October 1, 2021 through January 31, 2022 (the 

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

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 21 of 229
2

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

Local Rules, the Third Amended 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.

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 22 of 229
3

agreement or understanding exists between Ankura and any other person for the sharing of

compensation to be received in connection with the above cases except as authorized by

PROMESA, the Bankruptcy Rules, and the Local Rules.

8. All services for which Ankura seeks compensation were professional services 

rendered to the Debtor and not on behalf of any other person.

I certify under penalty of perjury that the foregoing is true and correct to the best of my

knowledge, information, and belief formed after reasonable inquiry.

Executed on March 7, 2023

 

 ______________________

Paul Crisalli, Jr.

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 23 of 229
EXHIBIT B 

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

FEE PERIOD 

 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 24 of 229
Exhibit B - Summary of Hours and Fees by Task Code in the Fourteenth Interim Fee Period

 10/01/21 - 10/31/21 11/01/21 - 11/30/21 12/01/21 - 12/31/21 01/01/22 - 01/31/22 

 Code Time Category Description 

 Total 

Hours Total Fees 

 Total 

Hours Total Fees 

 Total 

Hours Total Fees 

 Total 

Hours Total Fees 

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.

 43,146.50 75.9 $ 110.3 60,245.00 $ 43.6 23,239.00 $ 54.0 30,084.00 $ 

 

3 Fiscal Plan and 

Implementation

Time related to commencing, continuing or completing a broad spectrum of work specifically related to the FY 2021, FY 2022 and FY 2023 Fiscal Plans and Budgets.

 185,534.00 343.1 $ 254.2 141,613.50 $ 426.3 235,375.50 $ 218.2 121,075.00 $ 1

 

60 Swap Portfolio Analysis Perform SWAP valuation services related to the 

Debtor's financial statements.

 1,192.50 3.5 $ 14.5 5,675.90 $ 1.6 684.40 $ 6.5 3,359.50 $ 

 

Total Fiscal Plan And Operational Related Matters 422.5 229,873.00 $ 379.0 207,534.40 $ 471.5 259,298.90 $ 278.7 154,518.50 $ 1

 

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.

 146,399.00 224.2 $ 78.2 51,444.50 $ 118.4 91,583.00 $ 182.4 127,490.00 $ 

 

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.

 19,938.00 47.4 $ 19.7 12,013.00 $ 17.5 9,307.00 $ 21.8 11,204.50 $ 

 

54 Cash and Liquidity 

Analysis - Public Assistance Program (Earthquakes)

Time related to earthquake peaking unit analysis. - - $ - - $ - - $ 8.8 3,024.00 $ 

 

Total Liquidity Related Matters 271.6 166,337.00 $ 97.9 63,457.50 $ 135.9 100,890.00 $ 213.0 141,718.50 $ 

 

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.

 25,325.00 75.9 $ 106.8 36,341.5 60.8 19,404.0 58.8 20,444.0 

 

Total Title III Matters 75.9 25,325.00 $ 106.8 36,341.50 $ 60.8 19,404.00 $ 58.8 20,444.00 $ 

 

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.

 61,753.00 108.9 $ 123.1 70,585.5 105.0 60,315.5 104.7 59,349.0 

 

40 Statistical Validation FS 

Audits

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

 78,183.00 147.2 $ 8.6 5,135.0 0.5 285.0 - - 

 

Total Other Matters 256.1 139,936.00 $ 131.7 75,720.50 $ 105.5 60,600.50 $ 104.7 59,349.00 $ 

 

Total Included in Monthly Fee Statements 1,026.1 561,471.00 $ 715.4 383,053.90 $ 773.7 440,193.40 $ 655.2 376,030.00 $ 3

 

Exhibit B 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: 

Document Page 25 of 229
EXHIBIT C 

SUMMARY OF HOURS AND FEES BY PROFESSIONAL IN THE FOURTEENTH 

INTERIM FEE PERIOD 

 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 26 of 229
Exhibit C - Summary of Hours and Fees by Professional in the Fourteenth Interim Fee Period

 10/01/21 - 10/31/21 11/01/21 - 11/30/21 12/01/21 - 12/31/21 01

 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 $ 124,687.50 142.5 $ 97.1 84,962.50 $ 128.8 112,700.00 $ 153

 

San Miguel, Jorge Senior Managing Director 620.00 $ 78,802.00 127.1 $ 88.9 55,118.00 $ 121.8 75,516.00 $ 89

 

Gil, Gerard Managing Director 500.00 $ 55,450.00 110.9 $ 94.4 47,200.00 $ 129.9 64,950.00 $ 63

 

Squiers, Jay Managing Director 785.00 $ - - $ - - $ 11.5 9,027.50 $ 

 

Porter, Lucas Senior Director (1) 570.00 $ 92,454.00 162.2 $ 123.0 70,110.00 $ 139.2 79,344.00 $ 110

 

Keys, Jamie Senior Associate (1) 330.00 $ 45,342.00 137.4 $ 116.5 38,445.00 $ 98.0 32,340.00 $ 12

 

Marino, Nicholas Senior Associate 495.00 $ 54,945.00 111.0 $ 88.1 43,609.50 $ 84.7 41,926.50 $ 59

 

Parker, Christine Analyst 200.00 $ 8,460.00 42.3 $ 55.7 11,140.00 $ 36.1 7,220.00 $ 35

 

SUBTOTAL 460,140.50 833.4 $ 663.7 350,585.00 $ 750.0 423,024.00 $ 634

 

Other Practice GroupsCarr, Scott Senior Managing Director 615.00 $ 28,843.50 46.9 $ 3.4 2,091.00 $ - - $ 

 

Smith, James Senior Managing Director 750.00 $ 24,675.00 32.9 $ 30.2 22,650.00 $ 21.6 16,200.00 $ 15

 

Sabbe, Angela Managing Director 570.00 $ 26,904.00 47.2 $ 3.6 2,052.00 $ 0.5 285.00 $ 

 

Bailey, Nate Director 380.00 $ 10,070.00 26.5 $ - - $ - - $ 

 

Movaghar, Veeda Associate 305.00 $ 3,995.50 13.1 $ - - $ - - $ 

 

Chavez, Ottmar PLLC Contractor 250.00 $ 5,650.00 22.6 $ - - $ - - $ 

 

SUBTOTAL 100,138.00 189.2 $ 37.2 26,793.00 $ 22.1 16,485.00 $ 15

 

SWAP Portfolio AnalysesU.S. ProfessionalsCiancanelli, John Senior Managing Director 665.00 $ - - $ - - $ 0.4 266.00 $ 

 

Costa, Lindsey SWAP Portfolio Analysis Director 460.00 $ 460.00 1.0 $ 9.0 4,140.00 $ 0.4 184.00 $ 4

 

Dirlam, Josh SWAP Portfolio Analysis Associate 293.00 $ 732.50 2.5 $ 4.8 1,406.40 $ 0.8 234.40 $ 

 

India ProfessionalsSingh, Abhijit SWAP Portfolio Analysis Director 185.00 $ - - $ 0.7 129.50 $ - - $ 

 

SUBTOTAL 1,192.50 3.5 $ 14.5 5,675.90 $ 1.6 684.40 $ 5

 

Total Included in Monthly Fee Statements 1,026.1 561,471.00 $ 715.4 383,053.90 $ 773.7 440,193.40 $ 655

 

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

Exhibit C 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: 

Document Page 27 of 229
EXHIBIT D 

SUMMARY OF EXPENSES BY CATEGORY IN THE FOURTEENTH INTERIM FEE 

PERIOD 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 28 of 229
Exhibit D - Summary of Expenses by Category in the Fourteenth Interim Fee Period

 10/01/21 - 

10/31/21 

 11/01/21 - 

11/30/21 

 12/01/21 - 

12/31/21 

 01/01/22 -

01/31/22 TOTAL 

 Expense Category Billed Amount Billed Amount Billed Amount Billed Amount Billed Amount Airfare / Railway $ 678.40 - $ - $ 752.40 $ 1,430.80 $ 

Lodging $ 510.62 - $ - $ 359.64 $ 870.26 $ 

Meals $ 171.00 - $ - $ 113.73 $ 284.73 $ 

Transportation $ 171.53 - $ - $ 139.09 $ 310.62 $ 

Other $ - - $ - $ - $ - $ 

Total Included in Monthly Fee Statements - $ 1,531.55 $ - $ 1,364.86 $ 2,896.41 $ 

Exhibit D 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: 

Document Page 29 of 229
EXHIBIT E 

MONTHLY FEE STATEMENT OF ANKURA FOR COMPENSATION FOR SERVICES 

AND REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISOR TO THE 

DEBTOR, FOR THE PERIOD OCTOBER 1, 2021 THROUGH OCTOBER 31, 2021 

 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 30 of 229
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-SECOND 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 OCTOBER 1, 2021 THROUGH OCTOBER 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: October 1, 2021 through October 31, 2021 

Amount of compensation sought

as actual, reasonable and necessary: $561,471.00 

Amount of expense reimbursement 

sought as actual, reasonable and 

necessary: 2

 $0.00 

Invoice Date / Number November 29, 2021 / #PR00052 

This is a: X monthly interim final application. 

This is Ankura’s fifty-second 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.

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 31 of 229
2 

1. This is the fifty-second 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 $505,323.90 (90% of 

$561,471.00 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 

October 1, 2021 through October 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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 32 of 229
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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 33 of 229
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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 34 of 229
EXHIBIT A 

SUMMARY OF PROFESSIONAL FEES BY TASK CODE 

 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 35 of 229
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 43,146.50 75.9 $ 

3 Fiscal Plan and Implementation 343.1 185,534.00 $ 

60 Swap Portfolio Analysis 3.5 1,192.50 $ 

Liquidity Related Matters

2 Cash and Liquidity Analysis 224.2 146,399.00 $ 

51 Cash and Liquidity Analysis - Public Assistance Program (Hurricanes) 47.4 19,938.00 $ 

Title III Matters

25 Preparation of Fee Statements and Applications 75.9 25,325.00 $ 

Other Matters

50 General Meetings with FOMB, UCC and/or Advisors 108.9 61,753.00 $ 

40 Statistical Validation FS Audits 147.2 78,183.00 $ 

Total 561,471.00 1,026.1 $ 

Exhibit A

November 29, 2021 / #PR00052 1 of 1

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 36 of 229
EXHIBIT B 

SUMMARY OF HOURS AND FEES BY PROFESSIONAL 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 37 of 229
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 $ 142.5 $ 124,687.50

San Miguel, Jorge Senior Managing Director 620.00 $ 127.1 $ 78,802.00

Gil, Gerard Managing Director 500.00 $ 110.9 $ 55,450.00

Porter, Lucas Senior Director (1) 570.00 $ 162.2 $ 92,454.00

Keys, Jamie Senior Associate (1) 330.00 $ 137.4 $ 45,342.00

Marino, Nicholas Senior Associate 495.00 $ 111.0 $ 54,945.00

Parker, Christine Analyst 200.00 $ 42.3 $ 8,460.00

SUBTOTAL 833.4 $ 460,140.50

Other Practice Groups

Carr, Scott Senior Managing Director 615.00 $ 46.9 $ 28,843.50

Smith, James Senior Managing Director 750.00 $ 32.9 $ 24,675.00

Sabbe, Angela Managing Director 570.00 $ 47.2 $ 26,904.00

Bailey, Nate Director 380.00 $ 26.5 $ 10,070.00

Movaghar, Veeda Associate 305.00 $ 13.1 $ 3,995.50

Chavez, Ottmar PLLC Contractor 250.00 $ 22.6 $ 5,650.00

SUBTOTAL 189.2 $ 100,138.00

SWAP Portfolio Analyses

U.S. Professionals

Costa, Lindsey SWAP Portfolio Analysis Director 460.00 $ 1.0 $ 460.00

Dirlam, Josh SWAP Portfolio Analysis Associate 293.00 $ 2.5 $ 732.50

SUBTOTAL 3.5 $ 1,192.50

TOTAL 1,026.1 $ 561,471.00

Note:

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

Exhibit B

November 29, 2021 / #PR00052 1 of 1

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 38 of 229
EXHIBIT C 

COMPLETE ACCOUNTING OF PROFESSIONAL FEES 

INCLUDING ITEMIZED TIME RECORDS IN CHRONOLOGICAL ORDER 

 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 39 of 229
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 10/1/21 0.8 570.00 $ 456.00 $ Revise draft responses to creditor questions for J. San Miguel (ACG) to inform 

discussions for the bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

10/1/21 1.1 495.00 $ 544.50 $ Finalize updating tracker for PREPA FY 2021 fiscal plan creditor-related RFIs 

and distribute to Ankura team.

Not in PR

2 Gil, Gerard 10/1/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) and AAFAF representatives 

regarding PREPA lost revenue calculation matters.

PR

51 Keys, Jamie 10/1/21 0.5 330.00 $ 165.00 $ Participate on telephone call with J. Rosado (ARI) regarding pending 

information to support the management cost project worksheet.

Not in PR

50 Porter, Lucas 10/1/21 0.4 570.00 $ 228.00 $ Review responding comments from K. Bolanos (DV) related to fuel costs in 

preparation for the bi-weekly mediation call.

Not in PR

40 Bailey, Nate 10/1/21 2.1 380.00 $ 798.00 $ Analyze and enter time off data for use in the excess vacation model. Not in PR

3 Porter, Lucas 10/1/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss FY 2021 budget variance report 

information for FY 2022 fiscal plan implementation reporting.

Not in PR

25 Keys, Jamie 10/1/21 0.6 330.00 $ 198.00 $ Participate on telephone call with C. Parker (ACG) regarding changes to the 

twelfth interim fee application exhibits.

Not in PR

50 Marino, 

Nicholas

10/1/21 0.5 495.00 $ 247.50 $ Participate on the bi-weekly mediation call. Not in PR

50 Smith, James 10/1/21 0.5 750.00 $ 375.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Porter, Lucas 10/1/21 0.3 570.00 $ 171.00 $ Review draft responses to creditor inquiries from N. Marino (ACG) for J. San 

Miguel (ACG) to inform discussions related to the bi-weekly mediation call.

Not in PR

2 San Miguel, 

Jorge

10/1/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) and AAFAF representatives 

regarding PREPA lost revenue calculation matters.

PR

3 Porter, Lucas 10/1/21 0.2 570.00 $ 114.00 $ Review submittals related to fuel procurement initiative inquiries from Y. Lugo 

(PREPA) for FY 2022 fiscal plan implementation reporting.

Not in PR

25 Parker, 

Christine

10/1/21 0.6 200.00 $ 120.00 $ Participate on telephone call with J. Keys (ACG) regarding changes to the 

twelfth interim fee application exhibits.

Not in PR

50 Smith, James 10/1/21 0.6 750.00 $ 450.00 $ Review open items and prepare update for J. San Miguel (ACG) regarding 

materials for the bi-weekly mediation call.

Not in PR

3 Porter, Lucas 10/1/21 0.2 570.00 $ 114.00 $ Correspond with N. Morales (PREPA) regarding updated monthly operating 

reports for FY 2022 fiscal plan reporting.

Not in PR

2 San Miguel, 

Jorge

10/1/21 0.3 620.00 $ 186.00 $ Correspond with P. Crisalli (ACG) regarding RFI received from AAFAF related 

to the lost revenue analysis for PREPA.

PR

50 San Miguel, 

Jorge

10/1/21 0.5 620.00 $ 310.00 $ Participate on the bi-weekly mediation call. PR

51 Gil, Gerard 10/1/21 1.5 500.00 $ 750.00 $ Participate in working session with F. Padilla (PREPA), F. Santos (PREPA), G. 

Morales (SM), Y. Cordero (PREPA) and S. Diaz (ARI) to discuss PREPA 

reorganization status and design, and federal funding projects and status.

PR

50 Crisalli, Paul 10/1/21 0.2 875.00 $ 175.00 $ Prepare for the bi-weekly mediation call. Not in PR

2 San Miguel, 

Jorge

10/1/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding follow-up issues related 

to lost revenue and necessary maintenance analysis in support of cash flow 

forecast and budgeting update for the Generation directorate.

PR

50 Porter, Lucas 10/1/21 0.4 570.00 $ 228.00 $ Review the updated meeting notes received from J. Smith (ACG) in preparation 

for the bi-weekly mediation call.

Not in PR

2 Gil, Gerard 10/1/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding follow-up issues 

related to lost revenue and necessary maintenance analysis in support of cash 

flow forecast and budgeting update for the Generation directorate.

PR

50 Marino, 

Nicholas

10/1/21 0.1 495.00 $ 49.50 $ Aggregate creditor representative questions during the bi-weekly mediation call 

for distribution to the Ankura team.

Not in PR

50 Keys, Jamie 10/1/21 0.5 330.00 $ 165.00 $ Participate on the bi-weekly mediation call. Not in PR

3 Gil, Gerard 10/1/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss FY 2021 budget variance 

report information for FY 2022 fiscal plan implementation reporting.

PR

50 San Miguel, 

Jorge

10/1/21 1.8 620.00 $ 1,116.00 $ Review and edit agenda for the bi-weekly mediation call. PR

3 Porter, Lucas 10/1/21 1.0 570.00 $ 570.00 $ Review monthly operating report draft for June 2021 from N. Morales (PREPA) 

to inform FY 2021 fiscal plan reporting.

Not in PR

51 Gil, Gerard 10/1/21 0.9 500.00 $ 450.00 $ Participate in meeting with J. San Miguel (ACG) to review proposed PMO 

structure for F. Padilla (PREPA) related to federal funding, regulatory and 

compliance matters.

PR

50 Marino, 

Nicholas

10/1/21 0.6 495.00 $ 297.00 $ Prepare draft responses to creditor questions from the bi-weekly mediation calls 

prior to review by L. Porter (ACG).

Not in PR

25 Parker, 

Christine

10/1/21 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

3 Gil, Gerard 10/1/21 0.7 500.00 $ 350.00 $ Participate in meeting with F. Padilla (PREPA) and G. Morales (SM) to discuss 

PREPA corporate reorganization.

PR

50 Smith, James 10/1/21 0.3 750.00 $ 225.00 $ Review and provide comments on follow-up questions received from creditors. Not in PR

50 San Miguel, 

Jorge

10/1/21 0.6 620.00 $ 372.00 $ Participate on calls with J. Smith (ACG) to review updates on generation plan 

availability and outages for the bi-weekly mediation call.

PR

Exhibit C

November 29, 2021 / #PR00052 1 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 40 of 229
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 Gil, Gerard 10/1/21 0.4 500.00 $ 200.00 $ Review and analyze the PREPA revenue loss analysis in preparation for 

conference call with AAFAF.

PR

50 Gil, Gerard 10/1/21 0.2 500.00 $ 100.00 $ Review inquiries received from creditors related to the bi-weekly mediation call. PR

50 Porter, Lucas 10/1/21 0.9 570.00 $ 513.00 $ Review the PREB regulatory filings related to PREPA renewable RFP to inform 

responses for J. San Miguel (ACG) in preparation for the bi-weekly mediation 

call.

Not in PR

51 San Miguel, 

Jorge

10/1/21 0.9 620.00 $ 558.00 $ Participate in meeting with G. Gil (ACG) to review proposed PMO structure for 

F. Padilla (PREPA) related to federal funding, regulatory and compliance 

matters.

PR

40 Movaghar, 

Veeda

10/1/21 1.3 305.00 $ 396.50 $ Calculate and enter vacation balance data from employee files to be used in 

modeling of excess vacation time, as described in the Arbitration Award.

Not in PR

50 Porter, Lucas 10/1/21 0.5 570.00 $ 285.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Smith, James 10/1/21 0.6 750.00 $ 450.00 $ Participate on calls with J. San Miguel (ACG) to review updates on generation 

plan availability and outages for the bi-weekly mediation call.

Not in PR

50 Gil, Gerard 10/1/21 0.5 500.00 $ 250.00 $ Participate on the bi-weekly mediation call. PR

3 Porter, Lucas 10/1/21 0.3 570.00 $ 171.00 $ Review budget supporting information provided by E. Ortiz (PREPA) related to 

FY 2021 budget variance report.

Not in PR

2 San Miguel, 

Jorge

10/1/21 0.3 620.00 $ 186.00 $ Correspond with P. Crisalli (ACG) regarding cash flow budget-to-actuals 

development and update, as well as pending deliverables from Luma and 

PREPA.

PR

50 Crisalli, Paul 10/1/21 0.5 875.00 $ 437.50 $ Participate on the bi-weekly mediation call. Not in PR

51 San Miguel, 

Jorge

10/1/21 1.0 620.00 $ 620.00 $ Structure proposed PMO organization for F. Padilla (PREPA) related to federal 

funding, regulatory and compliance tasks for the PREPA Board of Directors.

PR

50 Gil, Gerard 10/1/21 0.5 500.00 $ 250.00 $ Conduct final review of meeting materials in preparation for the bi-weekly 

mediation call.

PR

6 Gil, Gerard 10/1/21 0.1 500.00 $ 50.00 $ Correspond with K. Bolanos (DV) regarding PREPA reorganization plan status. PR

51 Gil, Gerard 10/1/21 0.3 500.00 $ 150.00 $ Review and analyze the eligibility analysis received from O'Melveny & Myers 

regarding CARES Act funding for PREPA generation.

PR

50 Keys, Jamie 10/1/21 0.3 330.00 $ 99.00 $ Review the final draft of the agenda for the bi-weekly mediation call. Not in PR

25 Keys, Jamie 10/1/21 2.1 330.00 $ 693.00 $ Review the current version of the twelfth interim fee application prior to 

discussions with P. Crisalli (ACG).

Not in PR

40 Sabbe, Angela 10/2/21 2.0 570.00 $ 1,140.00 $ Develop model to quantify excess vacation payments owed to include additional 

data received.

Not in PR

51 San Miguel, 

Jorge

10/2/21 1.1 620.00 $ 682.00 $ Review and provide update to G. Gil (ACG) regarding the proposed 

organizational structure for DFMO matters requested by F. Padilla (PREPA) and 

the PREPA Board of Directors.

PR

40 Sabbe, Angela 10/2/21 3.8 570.00 $ 2,166.00 $ Prepare draft report for PREPA regarding the Ankura analysis of excess 

vacation payments owed.

Not in PR

51 Gil, Gerard 10/3/21 1.1 500.00 $ 550.00 $ Review and revise draft presentation related to the PREPA DFMO 

reorganization as requested by F. Padilla (PREPA).

PR

40 Sabbe, Angela 10/3/21 2.5 570.00 $ 1,425.00 $ Prepare draft report for PREPA on Ankura's analysis of excess vacation 

payments owed.

Not in PR

51 Chavez, 

Ottmar

10/4/21 0.1 250.00 $ 25.00 $ Correspond with S. Birriel (Vivienda) to request CDBG-DR Non-Federal Match 

Program Guidelines for CDBG-DR program update to F. Padilla (PREPA).

PR

3 San Miguel, 

Jorge

10/4/21 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

2 Keys, Jamie 10/4/21 0.4 330.00 $ 132.00 $ Review the daily cash flow reports circulated by J. Roque (Luma) for use in cash 

flow updates.

Not in PR

50 Marino, 

Nicholas

10/4/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/15/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 10/4/21 2.3 500.00 $ 1,150.00 $ Participate in working session with L. Porter (ACG) to prepare responding 

information regarding PREPA long-term liabilities for N. Morales (PREPA) and 

J. Colon (PREPA) related to the FY 2022 fiscal plan overview.

PR

2 Keys, Jamie 10/4/21 2.2 330.00 $ 726.00 $ Prepare the weekly cash flow outputs for the week ended 10/1/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Marino, 

Nicholas

10/4/21 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

3 Porter, Lucas 10/4/21 1.5 570.00 $ 855.00 $ Analyze PREPA pension financial statements for response to N. Morales 

(PREPA) and J. Colon (PREPA) related to FY 2022 fiscal plan overview.

Not in PR

3 Marino, 

Nicholas

10/4/21 0.4 495.00 $ 198.00 $ Review PREPA Generation Conservation Program output material received 

from R. Zampierollo (PREPA).

Not in PR

3 Gil, Gerard 10/4/21 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

3 Marino, 

Nicholas

10/4/21 1.5 495.00 $ 742.50 $ Begin creating Generation Directorate budget-to-actuals monthly analysis to 

track FY 2022 Generation expenditures and variances from budget received per 

prior discussions with L. Porter (ACG).

Not in PR

Exhibit C

November 29, 2021 / #PR00052 2 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 41 of 229
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

10/4/21 0.4 620.00 $ 248.00 $ Participate in discussion with N. Morales (PREPA) regarding draft responses to 

the pension system RFI from the FOMB related to the PREPA mobility 

program. 

PR

2 Crisalli, Paul 10/4/21 0.8 875.00 $ 700.00 $ Develop templates for the cash flow and liquidity reports for the week ended 

10/1/21.

Not in PR

51 San Miguel, 

Jorge

10/4/21 1.0 620.00 $ 620.00 $ Review and comment on proposed organization structure of DFMO/PMO prior 

to discussion with F. Padilla (PREPA).

PR

2 Crisalli, Paul 10/4/21 0.6 875.00 $ 525.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

3 Keys, Jamie 10/4/21 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 10/4/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss initial draft materials for N. 

Morales (PREPA) and J. Colon (PREPA) related to long-term liabilities to 

inform the FY 2022 fiscal plan overview.

PR

40 Movaghar, 

Veeda

10/4/21 3.5 305.00 $ 1,067.50 $ Conduct quality control analysis of vacation balance calculations from employee 

files to be used in modeling of excess vacation time, as described in the 

Arbitration Award.

Not in PR

3 Porter, Lucas 10/4/21 0.4 570.00 $ 228.00 $ Analyze FY 2022 month-end generation reports from G. Soto (Luma) to inform 

updates to monthly generation analysis used for fiscal plan reporting.

Not in PR

3 Porter, Lucas 10/4/21 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 San Miguel, 

Jorge

10/4/21 0.5 620.00 $ 310.00 $ Participate on call with N. Morales (PREPA) regarding requested information 

on pension system status for discussion with J. Colon (PREPA).

PR

50 Smith, James 10/4/21 0.3 750.00 $ 225.00 $ Provide comments to J. San Miguel (ACG) to support the 10/4/21 PREPA status 

report prepared by Proskauer and the FOMB.

Not in PR

3 Gil, Gerard 10/4/21 0.4 500.00 $ 200.00 $ Review the draft PREPA liabilities overview and provide comments and 

suggested revisions to L. Porter (ACG).

PR

51 Gil, Gerard 10/4/21 0.2 500.00 $ 100.00 $ Participate on call with F. Padilla (PREPA) to discuss PREPA DFMO 

reorganization next steps.

PR

2 Keys, Jamie 10/4/21 0.6 330.00 $ 198.00 $ Revise the weekly cash flow outputs per comments provided by P. Crisalli 

(ACG).

Not in PR

2 Keys, Jamie 10/4/21 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 San Miguel, 

Jorge

10/4/21 0.5 620.00 $ 310.00 $ Review draft response and data reconciliation provided by L. Porter (ACG) for 

discussion and submittal to J. Colon (PREPA) and N. Morales (PREPA).

PR

3 Porter, Lucas 10/4/21 0.8 570.00 $ 456.00 $ Revise draft response materials from G. Gil (ACG) for submittal to N. Morales 

(PREPA) and J. Colon (PREPA) related to long-term liabilities for FY 2022 

fiscal plan overview.

Not in PR

3 Porter, Lucas 10/4/21 0.3 570.00 $ 171.00 $ Prepare information requests for N. Morales (PREPA) related to PREPA 

pension financial statements for FY 2022 fiscal plan overview materials for J. 

Colon (PREPA). 

Not in PR

2 Keys, Jamie 10/4/21 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 10/4/21 0.3 570.00 $ 171.00 $ Prepare and send final submittal with comments to N. Morales (PREPA) related 

to long-term liabilities for FY 2022 fiscal plan overview materials for J. Colon 

(PREPA).

Not in PR

3 Porter, Lucas 10/4/21 1.2 570.00 $ 684.00 $ Analyze financial information related to PREPA debt service history and 

liabilities for response to N. Morales (PREPA) and J. Colon (PREPA) related to 

FY 2022 fiscal plan overview.

Not in PR

3 Porter, Lucas 10/4/21 1.9 570.00 $ 1,083.00 $ Review monthly generation cost analysis to incorporate data from T. Rivera 

(Luma), G. Soto (Luma), and J. Estrada (Luma) to inform FY 2022 fiscal plan 

reporting.

Not in PR

3 San Miguel, 

Jorge

10/4/21 0.6 620.00 $ 372.00 $ Review and provide comments to the draft revised responses, provided by L. 

Porter (ACG), to the pension system RFI from the FOMB related to the PREPA 

mobility program in advance of submittal and discussion with N. Morales 

(PREPA).

PR

50 Gil, Gerard 10/4/21 0.1 500.00 $ 50.00 $ Correspond with K. Bolaños (DV) regarding latest Title III Court judgment on 

adversary proceeding (Vitol) to inform reporting.

PR

3 Porter, Lucas 10/4/21 0.2 570.00 $ 114.00 $ Review FY 2022 generation maintenance schedule from R. Zampierollo 

(PREPA) to inform updates to FY 2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 10/4/21 0.3 875.00 $ 262.50 $ Review the accounts payable aging report for renewable and fleet and storage 

supplier invoices and related payments to inform PREPA cash flow reporting.

Not in PR

3 Porter, Lucas 10/4/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss initial draft materials for N. 

Morales (PREPA) and J. Colon (PREPA) related to long-term liabilities to 

inform the FY 2022 fiscal plan overview.

Not in PR

3 San Miguel, 

Jorge

10/4/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding pension system update in 

support of request received from N. Morales (PREPA) and J. Colon (PREPA).

PR

2 Crisalli, Paul 10/4/21 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

Exhibit C

November 29, 2021 / #PR00052 3 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 42 of 229
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

10/4/21 0.5 620.00 $ 310.00 $ Participate in meeting with G. Gil (ACG) regarding DFMO/PMO reorganization 

requested by F. Padilla (PREPA) and PREPA Board of Directors.

PR

2 Crisalli, Paul 10/4/21 0.3 875.00 $ 262.50 $ Correspond with J. Roque (Luma) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

6 San Miguel, 

Jorge

10/4/21 0.7 620.00 $ 434.00 $ Review O'Melveny & Myers information requested regarding PREPA updates 

in preparation for congressional hearing on PREPA outages and Luma services.

PR

3 Porter, Lucas 10/4/21 0.5 570.00 $ 285.00 $ Revise analysis of July and August fuel consumption reports from T. Rivera 

(Luma) to inform monthly generation analysis update for FY 2022 fiscal plan 

reporting.

Not in PR

3 Crisalli, Paul 10/4/21 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 Marino, 

Nicholas

10/4/21 1.1 495.00 $ 544.50 $ Update prior Generation Directorate budget-to-actuals analysis materials to track 

FY 2022 Generation expenditures and variances from budget received from L. 

Porter (ACG).

Not in PR

3 Porter, Lucas 10/4/21 2.3 570.00 $ 1,311.00 $ Participate in working session with G. Gil (ACG) to prepare responding 

information regarding PREPA long-term liabilities for N. Morales (PREPA) and 

J. Colon (PREPA) related to the FY 2022 fiscal plan overview.

Not in PR

40 Bailey, Nate 10/4/21 0.6 380.00 $ 228.00 $ Analyze accrued time off entries to evaluate excess vacation time, as described 

in the Arbitration Award.

Not in PR

3 Gil, Gerard 10/4/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to finalize revisions and responding 

submittal to N. Morales (PREPA) and J. Colon (PREPA) related to long-term 

liabilities to inform the FY 2022 fiscal plan overview.

PR

50 Smith, James 10/4/21 0.5 750.00 $ 375.00 $ Review creditor follow-up questions and responses and add comments in 

support of the creditor reporting workstream.

Not in PR

3 Porter, Lucas 10/4/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to finalize revisions and responding 

submittal to N. Morales (PREPA) and J. Colon (PREPA) related to long-term 

liabilities to inform the FY 2022 fiscal plan overview.

Not in PR

40 Movaghar, 

Veeda

10/4/21 3.5 305.00 $ 1,067.50 $ Conduct quality control analysis of vacation balance data from employee files to 

be used in modeling of excess vacation time, as described in the Arbitration 

Award.

Not in PR

3 Smith, James 10/4/21 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 10/4/21 0.4 570.00 $ 228.00 $ Review reorganization plan submittal from K. Bolanos (DV) related to FY 2022 

fiscal plan implementation and reporting.

Not in PR

3 Gil, Gerard 10/4/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding pension system 

update in support of request received from N. Morales (PREPA) and J. Colon 

(PREPA).

PR

6 San Miguel, 

Jorge

10/4/21 0.3 620.00 $ 186.00 $ Review and respond to comments from K. Bolanos (DV) related to 

congressional hearing on PREPA outages and Luma services.

PR

51 Chavez, 

Ottmar

10/4/21 1.0 250.00 $ 250.00 $ Participate on the CDBG-DR and insurance workstream transition call with S. 

Diaz (ARI) as requested by F. Padilla (PREPA).

PR

25 Parker, 

Christine

10/4/21 1.6 200.00 $ 320.00 $ 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

51 Gil, Gerard 10/4/21 0.5 500.00 $ 250.00 $ Participate in meeting with J. San Miguel (ACG) regarding DFMO/PMO 

reorganization requested by F. Padilla (PREPA) and PREPA Board of Directors.

PR

3 Gil, Gerard 10/4/21 0.8 500.00 $ 400.00 $ Review and analyze PREPA Audited Financial Statements for FY 2015 - FY 

2018 to inform development of the PREPA liabilities overview requested by N. 

Morales (PREPA).

PR

40 Carr, Scott 10/4/21 1.7 615.00 $ 1,045.50 $ Draft expert report detailing Ankura's methodology for estimating PREPA's 

excess vacation time liability.

Not in PR

51 Chavez, 

Ottmar

10/4/21 0.1 250.00 $ 25.00 $ Prepare transition email to S. Diaz (ARI) on additional documentation work 

plan for insurance workstream baseline to incorporate into F. Padilla (PREPA) 

update presentation.

PR

50 Marino, 

Nicholas

10/5/21 1.3 495.00 $ 643.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/15/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

10/5/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) regarding the review of the FY 2022 

budget-to-actuals summary materials for N. Morales (PREPA).

Not in PR

3 Gil, Gerard 10/5/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the budget-to-actuals report 

for the FOMB for FY 2017 - FY 2021 and related analysis requested by N. 

Morales (PREPA).

PR

51 Chavez, 

Ottmar

10/5/21 0.9 250.00 $ 225.00 $ Participate in a meeting with M. Motta (HORNE) to review the Energy Action 

Plan Scenarios presentation that outlines the potential high-level budget and nonfederal match cost share.

PR

3 San Miguel, 

Jorge

10/5/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) to discuss update on 2019 

financial statement audit process.

PR

3 Gil, Gerard 10/5/21 0.8 500.00 $ 400.00 $ Participate in meeting with F. Padilla (PREPA) and advisory team to discuss FY 

2022 fiscal plan implementation and other related matters.

PR

Exhibit C

November 29, 2021 / #PR00052 4 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 43 of 229
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

10/5/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) to discuss status and scheduling of 

2019 audited financial statements and FY 2022 budgeting matters.

PR

51 San Miguel, 

Jorge

10/5/21 1.6 620.00 $ 992.00 $ Participate in meeting with F. Padilla (PREPA), G. Gil (PLLC) and O. Chávez 

(PLLC) to discuss federal funding-related work streams to advance PREPA 

transformation required by the FY 2022 fiscal plan.

PR

2 Crisalli, Paul 10/5/21 0.4 875.00 $ 350.00 $ Develop correspondence to Luma and PREPA regarding weekly budget versus 

actual cash flow variances.

Not in PR

3 Porter, Lucas 10/5/21 0.2 570.00 $ 114.00 $ Participate on call with N. Morales (PREPA) to discuss updated financial 

analysis related to FY 2022 certified budget and historical financial information 

for J. Colon (PREPA).

Not in PR

6 Gil, Gerard 10/5/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding information 

requested by N. Morales (PREPA) related to generation budgeting to support 

PREPA in congressional testimony during oversight hearing on 10/6/21.

PR

40 Carr, Scott 10/5/21 1.6 615.00 $ 984.00 $ Develop methodology for estimating the number of used vacation hours of 

PREPA employees from 1995 through 2019.

Not in PR

3 Porter, Lucas 10/5/21 1.5 570.00 $ 855.00 $ Revise draft financial analysis based on discussions with N. Morales (PREPA) 

related to FY 2022 certified budget and historical financial information.

Not in PR

51 Gil, Gerard 10/5/21 1.6 500.00 $ 800.00 $ Participate in meeting with F. Padilla (PREPA), O. Chávez (PLLC) and J. San 

Miguel (ACG) to discuss federal funding-related work streams to advance 

PREPA transformation required by the FY 2022 fiscal plan.

PR

3 Marino, 

Nicholas

10/5/21 1.8 495.00 $ 891.00 $ Continue creating Generation Directorate budget-to-actuals monthly analysis to 

track FY 2022 Generation expenditures and variances from budget received per 

prior discussions with L. Porter (ACG).

Not in PR

3 Gil, Gerard 10/5/21 0.3 500.00 $ 150.00 $ Participate in discussion with F. Padilla (PREPA) regarding FY 2022 budget 

and potential additional necessary maintenance expenses for the generation 

assets.

PR

3 Gil, Gerard 10/5/21 0.3 500.00 $ 150.00 $ Participate on call with N. Morales (PREPA) and J. San Miguel (ACG) to 

discuss the FY 2022 budget-related RFI from the PREPA Executive Director 

and preparation of related materials.

PR

6 San Miguel, 

Jorge

10/5/21 0.3 620.00 $ 186.00 $ Participate on call with G. Loran (AAFAF) regarding pending deliverables for 

RFI from FOMB on PREPA's mobility program.

PR

3 Gil, Gerard 10/5/21 0.4 500.00 $ 200.00 $ Prepare agenda items for upcoming meeting with F. Padilla (PREPA) and 

advisory team to discuss FY 2022 fiscal plan implementation and other related 

matters.

PR

40 Bailey, Nate 10/5/21 2.4 380.00 $ 912.00 $ Conduct quality control analysis of vacation balance data from employee files to 

be used in modeling of excess vacation time, as described in the Arbitration 

Award to determine remaining data needs.

Not in PR

51 San Miguel, 

Jorge

10/5/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Keys (ACG) regarding preparation of proposed 

DFMO/PMO organizational structure provided by O. Chavez (PLLC).

PR

3 San Miguel, 

Jorge

10/5/21 0.2 620.00 $ 124.00 $ Correspond with L. Porter (ACG) and N. Marino (ACG) regarding update 

received from AAFAF related to pending deliverables for the PREPA mobility 

program RFI from the FOMB.

PR

40 Sabbe, Angela 10/5/21 0.5 570.00 $ 285.00 $ Review additional employee files received for analysis of excess vacation 

liability.

Not in PR

2 Crisalli, Paul 10/5/21 0.4 875.00 $ 350.00 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

3 Porter, Lucas 10/5/21 0.7 570.00 $ 399.00 $ Prepare responding information for F. Padilla (PREPA) related to FY 2022 

generation budget.

Not in PR

51 Chavez, 

Ottmar

10/5/21 1.6 250.00 $ 400.00 $ Participate in meeting with F. Padilla (PREPA), G. Gil (PLLC) and J. San 

Miguel (ACG) to discuss federal funding-related work streams to advance 

PREPA transformation required by the FY 2022 fiscal plan.

PR

2 Crisalli, Paul 10/5/21 0.3 875.00 $ 262.50 $ Revise the PREPA cash flow and liquidity reports for the week ended 10/1/21. Not in PR

40 Carr, Scott 10/5/21 2.1 615.00 $ 1,291.50 $ Continue drafting Ankura's report to provide details regarding Ankura's 

estimation of PREPA's legal liabilities.

Not in PR

3 Porter, Lucas 10/5/21 1.4 570.00 $ 798.00 $ Incorporate further revisions to financial analysis based on review with N. 

Morales (PREPA) related to FY 2022 certified budget and historical financial 

information.

Not in PR

25 Parker, 

Christine

10/5/21 1.5 200.00 $ 300.00 $ 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

51 Chavez, 

Ottmar

10/5/21 2.0 250.00 $ 500.00 $ Prepare DFMO 2.0 new vision and framework to manage PREPA federal funds 

for discussion with F. Padilla (PREPA), G. Gil (ACG) and J. San Miguel 

(ACG). 

PR

3 Porter, Lucas 10/5/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss the budget-to-actuals report for 

the FOMB for FY 2017 - FY 2021 and related analysis requested by N. Morales 

(PREPA).

Not in PR

Exhibit C

November 29, 2021 / #PR00052 5 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 44 of 229
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

10/5/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) and G. Gil (ACG) to discuss the 

FY 2022 budget-related RFI from the PREPA Executive Director and 

preparation of related materials.

PR

3 Marino, 

Nicholas

10/5/21 2.3 495.00 $ 1,138.50 $ Review the FY 2022 budget-to-actuals summary materials for N. Morales 

(PREPA) received from L. Porter (ACG).

Not in PR

3 Crisalli, Paul 10/5/21 0.5 875.00 $ 437.50 $ Participate on call with L. Porter (ACG) to discuss financial information for FY 

2022 fiscal plan reporting.

Not in PR

51 San Miguel, 

Jorge

10/5/21 0.5 620.00 $ 310.00 $ Review proposed revisions to DFMO organization restructuring based on 

comments from F. Padilla (PREPA).

PR

3 San Miguel, 

Jorge

10/5/21 0.2 620.00 $ 124.00 $ Review request for information from N. Morales (PREPA) regarding generation 

update report for J. Colon (PREPA).

PR

3 Porter, Lucas 10/5/21 0.5 570.00 $ 285.00 $ Participate on call with P. Crisalli (ACG) to discuss financial information for 

FY 2022 fiscal plan reporting.

Not in PR

6 San Miguel, 

Jorge

10/5/21 0.4 620.00 $ 248.00 $ Participate on call with F. Gil (PREPA) to discuss generation matters and 

upcoming congressional hearing issues.

PR

3 Porter, Lucas 10/5/21 0.7 570.00 $ 399.00 $ Revise final summary materials for N. Morales (PREPA) related to FY 2022 

certified budget and historical financial information.

Not in PR

6 Gil, Gerard 10/5/21 0.3 500.00 $ 150.00 $ Participate on call with K. Bolanos (DV) to discuss GridCo-GenCo Operating 

Agreement-related pending items.

PR

3 Porter, Lucas 10/5/21 1.1 570.00 $ 627.00 $ Prepare initial draft of financial analysis requested by J. San Miguel (ACG) for 

N. Morales (PREPA) and J. Colon (PREPA) related to FY 2022 certified budget 

and historical financial information.

Not in PR

2 Crisalli, Paul 10/5/21 0.2 875.00 $ 175.00 $ Update the draft work plan and RFI tracker for the October 2021 cash flow 

budget for additional requests and information provided by PREPA and Luma.

Not in PR

2 Keys, Jamie 10/5/21 0.8 330.00 $ 264.00 $ Review the GridCo payroll template provided by P. Crisalli (ACG) for use in the 

October 2021 cash flow budget.

Not in PR

51 Keys, Jamie 10/5/21 0.3 330.00 $ 99.00 $ Participate in discussion with J. San Miguel (ACG) regarding preparation of 

proposed DFMO/PMO organizational structure provided by O. Chavez (PLLC).

Not in PR

3 Gil, Gerard 10/5/21 0.6 500.00 $ 300.00 $ Prepare for meeting with F. Padilla (PREPA), O. Chávez (PLLC) and J. San 

Miguel (ACG) to discuss federal funding-related workstreams to advance 

PREPA transformation required by the FY 2022 fiscal plan.

PR

51 Chavez, 

Ottmar

10/5/21 0.1 250.00 $ 25.00 $ Correspond with M. Motta (HORNE) and S. Keller (HORNE) to request energy 

action plan overview as presented to the TCT by Vivienda.

PR

2 Crisalli, Paul 10/5/21 1.1 875.00 $ 962.50 $ Develop and distribute employee disbursements related forecast templates to 

Luma and PREPA for the October 2021 cash flow budget.

Not in PR

51 Chavez, 

Ottmar

10/5/21 0.9 250.00 $ 225.00 $ Participate in call with S. Keller (HORNE) to discuss PREPA inputs for $1.9B 

fourth tranche of CDBG-DR Action Plan timeline and action items.

PR

3 Porter, Lucas 10/5/21 0.3 570.00 $ 171.00 $ Participate on calls with N. Morales (PREPA) to discuss financial analysis 

related to FY 2022 certified budget and historical financial information for J. 

Colon (PREPA).

Not in PR

40 Sabbe, Angela 10/5/21 1.0 570.00 $ 570.00 $ Prepare extrapolation methodology of exposure calculated from sampled 

employees related to excess vacation liability.

Not in PR

3 Porter, Lucas 10/5/21 0.2 570.00 $ 114.00 $ Prepare and send follow-up requests for information to J. Estrada (Luma) for FY 

2022 fiscal plan financial projection updates requested by FOMB.

Not in PR

3 Porter, Lucas 10/5/21 0.4 570.00 $ 228.00 $ Prepare comments with supporting materials on the FY 2021 budget variance 

report for distribution to J. San Miguel (ACG), P. Crisalli (ACG) and G. Gil 

(ACG).

Not in PR

51 San Miguel, 

Jorge

10/5/21 2.7 620.00 $ 1,674.00 $ Participate in meeting with F. Padilla (PREPA) to discuss insurance 

reimbursement and federal funding for permanent works, and DFMO/PMO 

restructuring to support the PREPA Board of Directors directives.

PR

2 Keys, Jamie 10/5/21 0.4 330.00 $ 132.00 $ Revise the cash flow outputs for updated supporting information provided by J. 

Roque (Luma).

Not in PR

51 Keys, Jamie 10/5/21 1.1 330.00 $ 363.00 $ Review the DFMO organizational structure presentation information provided 

by O. Chavez (PLLC).

Not in PR

51 Keys, Jamie 10/5/21 3.2 330.00 $ 1,056.00 $ Prepare the DFMO organizational structure presentation per information 

provided by O. Chavez (PLLC).

Not in PR

3 Porter, Lucas 10/5/21 0.6 570.00 $ 342.00 $ Prepare initial draft update to monthly generation cost analysis for P. Crisalli 

(ACG) and J. Keys (ACG) for FY 2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 10/5/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) regarding the PREPA October 

2021 cash flow budget work plan.

Not in PR

3 Porter, Lucas 10/5/21 0.2 570.00 $ 114.00 $ Perform final review of financial analysis with N. Morales (PREPA) related to 

FY 2022 certified budget and historical financial information.

Not in PR

25 Parker, 

Christine

10/5/21 2.4 200.00 $ 480.00 $ Review time descriptions to the Ankura September 2021 monthly fee statement 

for information currently assembled.

Not in PR

3 San Miguel, 

Jorge

10/5/21 0.4 620.00 $ 248.00 $ Review generation asset report update as of 10/4/21 issued by PREPA related to 

generation services to inform response to N. Morales (PREPA).

PR

2 Keys, Jamie 10/5/21 0.5 330.00 $ 165.00 $ Review the GridCo necessary maintenance expense template provided by P. 

Crisalli (ACG) for use in the October 2021 cash flow budget.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 6 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 45 of 229
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

10/5/21 0.4 620.00 $ 248.00 $ Review request for information and scheduling from Fortaleza related to 

pending audited financial statement for discussion with N. Morales (PREPA) 

and J. Adrover (PREPA).

PR

6 San Miguel, 

Jorge

10/5/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding information requested by 

N. Morales (PREPA) related to generation budgeting to support PREPA in 

congressional testimony during oversight hearing on 10/6/21.

PR

40 Movaghar, 

Veeda

10/5/21 0.8 305.00 $ 244.00 $ Continue to conduct quality control analysis of vacation balance data from 

employee files to be used in modeling of excess vacation time, as described in 

the Arbitration Award.

Not in PR

2 San Miguel, 

Jorge

10/5/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) regarding the PREPA October 2021 

cash flow budget work plan.

PR

3 Gil, Gerard 10/5/21 0.3 500.00 $ 150.00 $ Review draft response materials to RFI from N. Morales (PREPA) regarding the 

FY 2022 budget.

PR

3 Porter, Lucas 10/5/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) regarding the review of the FY 2022 

budget-to-actuals summary materials for N. Morales (PREPA).

Not in PR

3 Keys, Jamie 10/5/21 2.2 330.00 $ 726.00 $ Update the fuel and purchased power generation analysis for the June 2021 J28 

report for use in reporting on the FY 2022 fiscal plan.

Not in PR

2 Crisalli, Paul 10/5/21 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 Gil, Gerard 10/6/21 0.2 500.00 $ 100.00 $ Participate in discussion with R. Zampierollo (PREPA) regarding FY 2022 

fiscal plan initiatives reporting.

PR

50 Keys, Jamie 10/6/21 1.2 330.00 $ 396.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

2 Keys, Jamie 10/6/21 0.4 330.00 $ 132.00 $ Review the GridCo other accounts payable template provided by P. Crisalli 

(ACG) for use in the October 2021 cash flow budget.

Not in PR

2 Keys, Jamie 10/6/21 0.6 330.00 $ 198.00 $ Participate on call with K. Kostyk (Luma), J. Roque (Luma), L. Galan (Luma), 

E. Ortiz (PREPA), K. Diaz (PREPA) and P. Crisalli (ACG) regarding the 

October 2021 cash flow budget work plan, timeline and RFI.

Not in PR

2 Crisalli, Paul 10/6/21 0.6 875.00 $ 525.00 $ Participate on call with K. Kostyk (Luma), J. Roque (Luma), L. Galan (Luma), 

E. Ortiz (PREPA), K. Diaz (PREPA) and J. Keys (ACG) regarding the October 

2021 cash flow budget work plan, timeline and RFI.

Not in PR

2 Crisalli, Paul 10/6/21 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

50 Keys, Jamie 10/6/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

51 San Miguel, 

Jorge

10/6/21 0.7 620.00 $ 434.00 $ Review input from Vivienda regarding CDBG-DR funding and program 

qualification updates to support F. Padilla (PREPA) request.

PR

50 Keys, Jamie 10/6/21 0.3 330.00 $ 99.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

2 Keys, Jamie 10/6/21 0.4 330.00 $ 132.00 $ Review the GenCo Holdco FOMB cost template provided by P. Crisalli (ACG) 

for use in the October 2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/6/21 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 

10/3/21 as required by the FY 2022 certified fiscal plan.

Not in PR

40 Carr, Scott 10/6/21 1.8 615.00 $ 1,107.00 $ Analyze the representativeness of the sample of accrued vacation hours 

provided by PREPA.

Not in PR

2 Keys, Jamie 10/6/21 0.4 330.00 $ 132.00 $ Review the GenCo Holdco Professional and Technical Services cost template 

provided by P. Crisalli (ACG) for use in the October 2021 cash flow budget.

Not in PR

6 Gil, Gerard 10/6/21 2.2 500.00 $ 1,100.00 $ Attend hearing before the US House Committee for Natural Resources 

regarding PREPA post-implementation of the Luma T&D contract attended by 

PREPA, Luma and PREB representatives.

PR

2 Keys, Jamie 10/6/21 0.3 330.00 $ 99.00 $ Review expected employee payout information provided by J. Adrover 

(PREPA) for use in the October 2021 cash flow budget.

Not in PR

50 Smith, James 10/6/21 0.6 750.00 $ 450.00 $ Watch parts of the U.S. House Natural Resources Committee Puerto Rico power 

supply system hearing in support of the creditor reporting workstream.

Not in PR

50 Keys, Jamie 10/6/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution. Not in PR

3 Porter, Lucas 10/6/21 0.4 570.00 $ 228.00 $ Review and comment on revised outline for presentation materials from G. Gil 

(ACG) related to FY 2022 fiscal plan overview.

Not in PR

51 Chavez, 

Ottmar

10/6/21 0.1 250.00 $ 25.00 $ Participate on update call with F. Padilla (PREPA) on Energy Action Plan 

presentation prior to send-off to J. Colon (PREPA).

PR

51 Chavez, 

Ottmar

10/6/21 0.1 250.00 $ 25.00 $ Send email reply to F. Padilla (PREPA) on insurance stakeholders introductory 

email and meeting request by PREPA.

PR

2 Crisalli, Paul 10/6/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 10/1/21. Not in PR

50 San Miguel, 

Jorge

10/6/21 0.7 620.00 $ 434.00 $ Review conclusions from the Title III Omnibus hearing related to PREPA and 

renewable energy projects and contract assumptions for creditor call update.

PR

40 Movaghar, 

Veeda

10/6/21 2.0 305.00 $ 610.00 $ Enter vacation balance information from newly sent employee files to be used in 

modeling of excess vacation time, as described in the Arbitration Award.

Not in PR

50 Smith, James 10/6/21 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

Exhibit C

November 29, 2021 / #PR00052 7 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 46 of 229
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 10/6/21 1.3 875.00 $ 1,137.50 $ Develop and distribute insurance and other accounts payable related forecast 

templates to Luma and PREPA for the October 2021 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

10/6/21 0.4 620.00 $ 248.00 $ Participate in discussion with N. Morales (PREPA) regarding 2019 financial 

statement audit updates.

PR

3 Gil, Gerard 10/6/21 0.6 500.00 $ 300.00 $ Review FY 2022 fiscal plan initiatives reporting materials in preparation for 

10/15/21 submission to the FOMB.

PR

40 Sabbe, Angela 10/6/21 1.0 570.00 $ 570.00 $ Participate in working session with S. Carr (ACG) to update our methodology 

for estimating excess vacation hours used by PREPA's employees based on 

Accrued Vacation Summaries and the Accrued Vacation Hours dataset.

Not in PR

3 Porter, Lucas 10/6/21 0.9 570.00 $ 513.00 $ Analyze FY 2021 budget and actual expense data from E. Ortiz (PREPA) to 

inform comments to draft FY 2021 fiscal plan report submittal.

Not in PR

50 Keys, Jamie 10/6/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

40 Carr, Scott 10/6/21 1.0 615.00 $ 615.00 $ Participate in working session with A. Sabbe (ACG) to update our methodology 

for estimating excess vacation hours used by PREPA's employees based on 

Accrued Vacation Summaries and the Accrued Vacation Hours dataset.

Not in PR

3 Gil, Gerard 10/6/21 0.6 500.00 $ 300.00 $ Participate on call with F. Padilla (PREPA) to discuss FOMB directives 

regarding certain FY 2022 fiscal plan initiatives related to procurement of 

renewables and fuel, as well as IRP implementation.

PR

40 Carr, Scott 10/6/21 1.6 615.00 $ 984.00 $ Update Ankura's draft report to reflect Ankura's updated methodology for 

estimating PREPA's legal liabilities related to excess vacation hours.

Not in PR

3 San Miguel, 

Jorge

10/6/21 0.7 620.00 $ 434.00 $ Review and comment update on 2019 financial statement audit process 

information provided by N. Morales (PREPA).

PR

50 Crisalli, Paul 10/6/21 0.4 875.00 $ 350.00 $ Review accounts payable report and provide comments to J. Keys (ACG). Not in PR

50 Marino, 

Nicholas

10/6/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/15/21 bi-weekly mediation call.

Not in PR

51 San Miguel, 

Jorge

10/6/21 0.7 620.00 $ 434.00 $ Review and comment draft update presentation provided by O. Chavez (PLLC) 

regarding CDBG-DR program qualification, timeline and next steps for 

discussion with F. Padilla (PREPA).

PR

50 Keys, Jamie 10/6/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding changes to the FEMA flash report. Not in PR

2 Crisalli, Paul 10/6/21 0.8 875.00 $ 700.00 $ Develop and distribute P3 Authority and FOMB professional fee related forecast 

templates to Luma and PREPA for the October 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

10/6/21 2.2 495.00 $ 1,089.00 $ Update the PREPA FY 2022 fiscal plan projections overview presentation for 

the PREPA Board of Directors per comments from G. Gil (ACG).

Not in PR

60 Dirlam, Josh 10/6/21 2.5 293.00 $ 732.50 $ Manually verify Moody's ratings for all remaining 200 bonds outstanding US 

Baa2 Rated Bond Issuances at 6/30/21 for the CVA Adjustment.

Not in PR

51 Chavez, 

Ottmar

10/6/21 2.4 250.00 $ 600.00 $ Prepare presentation on Energy Action Plan timeline and program update for F. 

Padilla (PREPA), as requested by J. Colon (PREPA).

PR

3 Porter, Lucas 10/6/21 0.3 570.00 $ 171.00 $ Review latest draft presentation materials from N. Marino (ACG) related to FY 

2022 fiscal plan overview for J. Colon (PREPA).

Not in PR

50 Keys, Jamie 10/6/21 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 Keys, Jamie 10/6/21 0.3 330.00 $ 99.00 $ Review expected Christmas bonus information provided by N. Morales 

(PREPA) for use in the October 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/6/21 0.7 875.00 $ 612.50 $ Develop and distribute the Luma service fee related forecast templates to Luma 

for the October 2021 cash flow budget.

Not in PR

51 Keys, Jamie 10/6/21 0.4 330.00 $ 132.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to project 

worksheet information included in the weekly project worksheet status report.

Not in PR

3 Porter, Lucas 10/6/21 0.5 570.00 $ 285.00 $ Participate on call with R. Zampierollo (PREPA) and N. Marino (ACG) to 

discuss preparations for October monthly reporting to the FOMB as required by 

the FY 2022 certified fiscal plan.

Not in PR

3 Porter, Lucas 10/6/21 0.6 570.00 $ 342.00 $ Prepare comments for N. Morales (PREPA) and E. Ortiz (PREPA) regarding 

revised draft FY 2021 fiscal plan budget variance report submittal.

Not in PR

25 Parker, 

Christine

10/6/21 2.0 200.00 $ 400.00 $ Review time descriptions to the Ankura September 2021 monthly fee statement 

for information currently assembled.

Not in PR

50 Keys, Jamie 10/6/21 0.6 330.00 $ 198.00 $ Analysis of the weekly accounts payable report source data prior to distribution 

to by P. Crisalli (ACG).

Not in PR

40 Bailey, Nate 10/6/21 1.1 380.00 $ 418.00 $ Continue to conduct quality control analysis of vacation balance data from 

employee files to be used in modeling of excess vacation time, as described in 

the Arbitration Award to determine remaining data needs.

Not in PR

3 Smith, James 10/6/21 1.0 750.00 $ 750.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system updates to inform FY 2022 fiscal plan reporting to the 

FOMB.

Not in PR

3 Porter, Lucas 10/6/21 1.0 570.00 $ 570.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system updates to inform FY 2022 fiscal plan reporting to the 

FOMB.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 8 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 47 of 229
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 10/6/21 1.4 570.00 $ 798.00 $ Prepare generation operational report for the week ending 10/3/21 based on data 

from G. Soto (Luma) for FOMB as required by the FY 2022 PREPA fiscal plan.

Not in PR

51 Keys, Jamie 10/6/21 0.2 330.00 $ 66.00 $ Correspond with S. Diaz (ARI) regarding timing of funding for COVID project 

worksheet.

Not in PR

3 Gil, Gerard 10/6/21 0.7 500.00 $ 350.00 $ Participate on call with A. Figueroa (FOMB) to discuss status of implementation 

of FY 2022 fiscal plan initiatives implementation and transformation efforts.

PR

2 Crisalli, Paul 10/6/21 0.2 875.00 $ 175.00 $ Update the draft work plan and RFI tracker for the October 2021 cash flow 

budget for additional requests and information provided by PREPA and Luma.

Not in PR

6 San Miguel, 

Jorge

10/6/21 0.6 620.00 $ 372.00 $ Provide F. Gil (PREPA) and N. Morales (PREPA) comments resulting from 

congressional oversight hearing on PREPA generation issues and Luma services 

as system operator.

PR

3 Gil, Gerard 10/6/21 1.2 500.00 $ 600.00 $ Review relevant materials and prepare related outline of briefing book for new 

PREPA Executive Director on FY 2022 fiscal plan matters.

PR

3 Marino, 

Nicholas

10/6/21 1.7 495.00 $ 841.50 $ Continue revising the PREPA FY 2022 fiscal plan projections overview 

presentation for the PREPA Board of Directors for comments provided G. Gil 

(ACG) related to PREPA reorganization.

Not in PR

3 Porter, Lucas 10/6/21 1.2 570.00 $ 684.00 $ Revise draft FY 2021 budget variance report as requested by N. Morales 

(PREPA) and E. Ortiz (PREPA) for FY 2021 fiscal plan report submittal.

Not in PR

6 San Miguel, 

Jorge

10/6/21 3.1 620.00 $ 1,922.00 $ Attend the congressional oversight hearing on PREPA generation matters and 

Luma services as system operator in support of PREPA Board of Directors and 

Finance representatives.

PR

3 Marino, 

Nicholas

10/6/21 0.5 495.00 $ 247.50 $ Participate on call with R. Zampierollo (PREPA) and L. Porter (ACG) to discuss 

preparations for October monthly reporting to the FOMB as required by the FY 

2022 certified fiscal plan.

Not in PR

3 Gil, Gerard 10/6/21 0.3 500.00 $ 150.00 $ Review the CDBG materials requested by F. Padilla (PREPA) to inform FY 

2022 fiscal plan implementation.

PR

50 Keys, Jamie 10/6/21 0.8 330.00 $ 264.00 $ Prepare the weekly FEMA flash report for the week ended 10/1/21 for review by 

P. Crisalli (ACG).

Not in PR

2 Crisalli, Paul 10/6/21 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 10/6/21 0.2 875.00 $ 175.00 $ Prepare for call with Luma and PREPA regarding October 2021 cash flow 

budget work plan, time line and RFIs.

Not in PR

6 San Miguel, 

Jorge

10/6/21 1.8 620.00 $ 1,116.00 $ Review testimony from PREPA, Luma, UPR, PREB and P3 Authority related to 

the congressional oversight hearing.

PR

2 Keys, Jamie 10/6/21 0.3 330.00 $ 99.00 $ Review the GenCo Holdco P3 cost template provided by P. Crisalli (ACG) for 

use in the October 2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/6/21 1.8 570.00 $ 1,026.00 $ Revise exhibits in draft presentation materials from N. Marino (ACG) related to 

FY 2022 fiscal plan overview for J. Colon (PREPA).

Not in PR

50 Smith, James 10/6/21 1.4 750.00 $ 1,050.00 $ Prepare the weekly fleet status report for N. Rivera (PREPA) and Ankura team 

in support of the creditor reporting workstream. 

Not in PR

2 Crisalli, Paul 10/6/21 1.2 875.00 $ 1,050.00 $ Develop and distribute Professional & Technical Outsourced Services related 

forecast templates to Luma and PREPA for the October 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/6/21 0.3 875.00 $ 262.50 $ Correspond with Luma and PREPA regarding open items related to Employee 

Disbursements for the October 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

10/6/21 0.7 495.00 $ 346.50 $ Review prior draft of the PREPA FY 2022 fiscal plan projections overview 

presentation for the PREPA Board of Directors.

Not in PR

50 Crisalli, Paul 10/6/21 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

3 Marino, 

Nicholas

10/6/21 0.9 495.00 $ 445.50 $ Revise the current draft of the PREPA FY 2022 fiscal plan projections overview 

presentation for the PREPA Board of Directors.

Not in PR

3 Marino, 

Nicholas

10/7/21 0.4 495.00 $ 198.00 $ Review prior PREPA overtime reporting and presentation materials ahead of 

call regarding the FY 2021 and FY 2022 data requested from K. Diaz (PREPA).

Not in PR

6 San Miguel, 

Jorge

10/7/21 0.6 620.00 $ 372.00 $ Participate on call with L. Porter (ACG) and P. Crisalli (ACG) regarding the 

T&D service account funding analysis and follow-up RFI (partial).

PR

3 Gil, Gerard 10/7/21 0.5 500.00 $ 250.00 $ Review materials on PREPA potential emergency declaration for procurement 

of goods and services, and related public reports to inform FY 2022 budget and 

fiscal plan implementation. 

PR

3 Porter, Lucas 10/7/21 0.5 570.00 $ 285.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and N. Marino 

(ACG) to discuss October 2021 monthly reporting as required by the FY 2022 

fiscal plan.

Not in PR

40 Carr, Scott 10/7/21 3.1 615.00 $ 1,906.50 $ Develop the methodology section of Ankura report describing the estimation of 

certain PREPA legal liabilities.

Not in PR

6 Gil, Gerard 10/7/21 0.3 500.00 $ 150.00 $ Review and analyze Luma petition to fund certain service accounts pursuant to 

the T&D agreement. 

PR

Exhibit C

November 29, 2021 / #PR00052 9 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 48 of 229
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 10/7/21 1.5 570.00 $ 855.00 $ Update model to quantify excess vacation payments owed to include additional 

data received.

Not in PR

2 Crisalli, Paul 10/7/21 1.2 875.00 $ 1,050.00 $ Develop and distribute medical benefit costs related forecast templates to Luma 

and PREPA for the October 2021 cash flow budget.

Not in PR

6 Crisalli, Paul 10/7/21 0.4 875.00 $ 350.00 $ Review T&D O&M agreement account funding schedules as requested by N. 

Morales (PREPA).

Not in PR

3 Gil, Gerard 10/7/21 1.4 500.00 $ 700.00 $ Participate in working session with L. Porter (ACG) to analyze unpaid bond and 

bank debt principal and interest to inform updates to the FY 2022 fiscal plan. 

PR

3 Gil, Gerard 10/7/21 0.5 500.00 $ 250.00 $ Participate on call with R. Zampierollo (PREPA), L. Porter (ACG) and N. 

Marino (ACG) to discuss October 2021 monthly reporting as required by the FY 

2022 fiscal plan.

PR

2 Crisalli, Paul 10/7/21 0.3 875.00 $ 262.50 $ Update the billing, collection and accounts receivable trend analyses for large 

Government Client to inform cash flow reporting.

Not in PR

25 Parker, 

Christine

10/7/21 0.8 200.00 $ 160.00 $ Participate in working session with P. Crisalli (ACG) and J. Keys (ACG) to 

review the current draft of the twelfth interim fee application.

Not in PR

6 San Miguel, 

Jorge

10/7/21 0.5 620.00 $ 310.00 $ Participate on call with M. DiConza (OMM) to discuss T&D account funding 

matters requested by PREPA management.

PR

6 Porter, Lucas 10/7/21 0.9 570.00 $ 513.00 $ Analyze detailed schedule from N. Morales (PREPA) related to T&D service 

account funding analysis for compliance with contract requirements.

Not in PR

6 Porter, Lucas 10/7/21 0.4 570.00 $ 228.00 $ Review materials from N. Morales (PREPA) related to T&D service account 

funding analysis for compliance with contract requirements.

Not in PR

2 Keys, Jamie 10/7/21 0.4 330.00 $ 132.00 $ Review the GridCo medical benefits cost templates provided by P. Crisalli 

(ACG) for use in the October 2021 cash flow budget.

Not in PR

50 Marino, 

Nicholas

10/7/21 1.0 495.00 $ 495.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/15/21 bi-weekly mediation call.

Not in PR

6 Porter, Lucas 10/7/21 0.5 570.00 $ 285.00 $ Prepare and send response to N. Morales (PREPA) regarding T&D service 

account funding requirements for compliance with the T&D O&M agreement.

Not in PR

40 Sabbe, Angela 10/7/21 0.3 570.00 $ 171.00 $ Participate on call with S. Carr (ACG) to discuss Ankura's report on PREPA 

excess vacation time liability. 

Not in PR

6 Gil, Gerard 10/7/21 0.3 500.00 $ 150.00 $ Review correspondence received from proponents for the Generation O&M 

transaction to inform discussions with PREPA management. 

PR

3 Porter, Lucas 10/7/21 0.3 570.00 $ 171.00 $ Review the weekly generation fleet status report received from J. Smith (ACG) 

to inform FY 2022 fiscal plan reporting.

Not in PR

40 Carr, Scott 10/7/21 0.3 615.00 $ 184.50 $ Participate on call with A. Sabbe (ACG) to discuss Ankura's report on PREPA 

excess vacation time liability. 

Not in PR

50 San Miguel, 

Jorge

10/7/21 0.3 620.00 $ 186.00 $ Review Fortaleza statements and requirements on generation and T&D matters 

to inform creditor stakeholder call updates.

PR

51 Keys, Jamie 10/7/21 0.5 330.00 $ 165.00 $ Review emergency vendor project worksheet support provided by S. Diaz 

(ARI).

Not in PR

2 Keys, Jamie 10/7/21 0.2 330.00 $ 66.00 $ Correspond with S. Diaz (ARI) regarding expected project worksheet 

obligations and funding for use in cash flow reporting.

Not in PR

50 San Miguel, 

Jorge

10/7/21 0.3 620.00 $ 186.00 $ Review generation update report from PREPA regarding Costa Sur Unit 5 for 

discussion with J. Smith (ACG) to inform update for the 10/15/21 bi-weekly 

mediation call.

PR

2 Crisalli, Paul 10/7/21 0.8 875.00 $ 700.00 $ Develop and distribute legal services related forecast templates to Luma and 

PREPA for the October 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/7/21 0.6 875.00 $ 525.00 $ Develop and distribute the federally funded permanent work related forecast 

template to Luma for the October 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

10/7/21 1.3 495.00 $ 643.50 $ Update the PREPA FY 2022 fiscal plan projections overview presentation for 

the PREPA Board of Directors per additional comments provided by G. Gil 

(ACG).

Not in PR

3 Marino, 

Nicholas

10/7/21 0.5 495.00 $ 247.50 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and L. Porter 

(ACG) to discuss October 2021 monthly reporting as required by the FY 2022 

fiscal plan.

Not in PR

6 Porter, Lucas 10/7/21 1.0 570.00 $ 570.00 $ Participate on call with P. Crisalli (ACG) and J. San Miguel (ACG) regarding 

the T&D service account funding analysis and follow-up RFI.

Not in PR

25 Parker, 

Christine

10/7/21 0.9 200.00 $ 180.00 $ Update Exhibits A, B and C of the Ankura September 2021 monthly fee 

statement for information currently available.

Not in PR

3 San Miguel, 

Jorge

10/7/21 0.7 620.00 $ 434.00 $ Review information provided by N. Morales (PREPA) related to 2018 financial 

statement audit and update report on schedule and pending deliverables for 

2019 and 2020 financials.

PR

6 San Miguel, 

Jorge

10/7/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) regarding service and operating 

account updates from Luma.

PR

3 Porter, Lucas 10/7/21 1.4 570.00 $ 798.00 $ Participate in working session with G. Gil (ACG) to analyze unpaid bond and 

bank debt principal and interest to inform updates to the FY 2022 fiscal plan. 

Not in PR

3 Marino, 

Nicholas

10/7/21 0.5 495.00 $ 247.50 $ Participate on call with R. Zampierollo (PREPA) and L. Porter (ACG) to discuss 

revisions to October 2021 monthly FOMB submittal for FY 2022 fiscal plan 

reporting.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 10 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 49 of 229
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

10/7/21 0.2 620.00 $ 124.00 $ Review and follow-up on responses to creditor stakeholder RFI related to 

transformation and procurement initiatives.

PR

6 Porter, Lucas 10/7/21 0.5 570.00 $ 285.00 $ Participate on follow-up call with P. Crisalli (ACG) regarding the T&D service 

account funding analysis and forecasted fuel and purchased power costs. 

Not in PR

3 San Miguel, 

Jorge

10/7/21 0.5 620.00 $ 310.00 $ Participate in discussion with PREPA management regarding generation 

maintenance budget revisions and update to respond to AAFAF inquiries.

PR

3 Crisalli, Paul 10/7/21 0.5 875.00 $ 437.50 $ Prepare the cash flow and liquidity related post-certification fiscal plan reports 

for week ended 10/1/21.

Not in PR

51 San Miguel, 

Jorge

10/7/21 0.3 620.00 $ 186.00 $ Review update on emergency vendor accounts payables from S. Diaz (ARI) and 

recommend next steps to discuss with N. Morales (PREPA).

PR

40 Bailey, Nate 10/7/21 1.1 380.00 $ 418.00 $ Research relevant laws regarding interest on judgments in Puerto Rico to inform 

Ankura's report and related analysis.

Not in PR

2 Keys, Jamie 10/7/21 0.2 330.00 $ 66.00 $ Review the GenCo Holdco insurance cost templates provided by P. Crisalli 

(ACG) for use in the October 2021 cash flow budget.

Not in PR

6 Crisalli, Paul 10/7/21 0.5 875.00 $ 437.50 $ Participate on follow-up call with L. Porter (ACG) regarding the T&D service 

account funding analysis and forecasted fuel and purchased power costs.

Not in PR

25 Crisalli, Paul 10/7/21 0.8 875.00 $ 700.00 $ Participate in working session with J. Keys (ACG) and C. Parker (ACG) to 

review the current draft of the twelfth interim fee application.

Not in PR

25 Keys, Jamie 10/7/21 0.8 330.00 $ 264.00 $ Participate in working session with P. Crisalli (ACG) and C. Parker (ACG) to 

review the current draft of the twelfth interim fee application.

Not in PR

40 Carr, Scott 10/7/21 2.7 615.00 $ 1,660.50 $ Revise the methodology section of Ankura's report on PREPA excess vacation 

time liability.

Not in PR

6 Porter, Lucas 10/7/21 0.6 570.00 $ 342.00 $ Prepare and send follow-up questions to N. Morales (PREPA) related to T&D 

service account funding analysis for compliance with contract requirements.

Not in PR

25 Parker, 

Christine

10/7/21 1.0 200.00 $ 200.00 $ 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

50 Keys, Jamie 10/7/21 0.5 330.00 $ 165.00 $ Prepare the weekly excel files for FOMB reporting. Not in PR

3 Porter, Lucas 10/7/21 1.1 570.00 $ 627.00 $ Participate on call with Y. Hickey (FOMB), R. Rosario (FOMB), F. Hernandez 

(FOMB), R. Zampierollo (PREPA), F. Correa (PREPA) and other PREPA 

representatives to discuss Generation labor issues for FY 2022 fiscal plan 

reporting.

Not in PR

6 Crisalli, Paul 10/7/21 1.0 875.00 $ 875.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) regarding the 

T&D service account funding analysis and follow-up RFI.

Not in PR

2 Crisalli, Paul 10/7/21 0.9 875.00 $ 787.50 $ Develop and distribute vegetation management related forecast templates to 

Luma for the October 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/7/21 0.3 875.00 $ 262.50 $ Develop and distribute the hurricane and earthquake related insurance accounts 

related forecast templates to PREPA for the October 2021 cash flow budget.

Not in PR

2 Keys, Jamie 10/7/21 0.5 330.00 $ 165.00 $ Review the GridCo and GenCo Holdco Legal cost templates provided by P. 

Crisalli (ACG) for use in the October 2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/7/21 0.5 570.00 $ 285.00 $ Participate on call with R. Zampierollo (PREPA) and N. Marino (ACG) to 

discuss revisions to October 2021 monthly FOMB submittal for FY 2022 fiscal 

plan reporting.

Not in PR

2 Crisalli, Paul 10/8/21 1.4 875.00 $ 1,225.00 $ Review PROMOD simulation for October 2021 through January 2022 to inform 

October 2021 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

10/8/21 0.4 620.00 $ 248.00 $ Review inquiry from N. Morales (PREPA) regarding legislative measure to fund 

PREPA Generation maintenance projects in preparation for response to J. Colon 

(PREPA).

PR

40 Sabbe, Angela 10/8/21 1.5 570.00 $ 855.00 $ Update model to quantify excess vacation payments owed to include additional 

data received.

Not in PR

3 Porter, Lucas 10/8/21 0.2 570.00 $ 114.00 $ Review labor-related information from Y. Hickey (FOMB) related to reporting 

for FY 2022 fiscal plan.

Not in PR

25 Keys, Jamie 10/8/21 0.7 330.00 $ 231.00 $ Participate on telephone call with C. Parker (ACG) regarding the status of the 

September 2021 fee statement.

Not in PR

2 Porter, Lucas 10/8/21 0.3 570.00 $ 171.00 $ Participate on call with P. Crisalli (ACG) regarding renewables and AES 

invoices for July, August and September 2021 to inform the October 2021 cash 

flow budget. 

Not in PR

40 Bailey, Nate 10/8/21 3.1 380.00 $ 1,178.00 $ Research and summarize relevant laws regarding interest on judgments in 

Puerto Rico to inform Ankura's report and related analysis.

Not in PR

2 Crisalli, Paul 10/8/21 3.2 875.00 $ 2,800.00 $ Revise the generation dispatch model for the October 2021 cash flow budget. Not in PR

3 Porter, Lucas 10/8/21 0.5 570.00 $ 285.00 $ Analyze PREB regulatory filing for June 2021 fuel costs to inform comments for 

N. Morales (PREPA) regarding accounting information for FY 2021 fiscal plan 

reporting.

Not in PR

25 Parker, 

Christine

10/8/21 0.7 200.00 $ 140.00 $ Participate on telephone call with J. Keys (ACG) regarding the status of the 

September 2021 fee statement.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 11 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 50 of 229
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 10/8/21 0.2 875.00 $ 175.00 $ Correspond with J. Keys (ACG) and L. Porter (ACG) regarding June 2021 fuel 

and purchased power costs reconciliation between Generation files and Monthly 

Operating Report.

Not in PR

50 San Miguel, 

Jorge

10/8/21 0.2 620.00 $ 124.00 $ Participate on call with F. Padilla (PREPA) to discuss creditor stakeholder RFI 

related to procurement matters.

PR

2 Crisalli, Paul 10/8/21 0.9 875.00 $ 787.50 $ Review the May 2021 and June 2021 MOR financials statement and key 

operating metrics to inform the October 2021 cash flow budget.

Not in PR

50 Marino, 

Nicholas

10/8/21 0.3 495.00 $ 148.50 $ Participate in discussion with J. San Miguel (ACG) regarding updates to draft 

responses to the RFI received from creditors.

Not in PR

3 Porter, Lucas 10/8/21 1.3 570.00 $ 741.00 $ Participate on call with Y. Hickey (FOMB), R. Rosario (FOMB), F. Hernandez 

(FOMB), R. Zampierollo (PREPA) and E. Ortiz (PREPA) to discuss financial 

reporting required by the FY 2022 fiscal plan.

Not in PR

51 Chavez, 

Ottmar

10/8/21 0.5 250.00 $ 125.00 $ Participate on insurance workstream transition call with S. Diaz (ARI) as 

requested by F. Padilla (PREPA).

PR

3 Porter, Lucas 10/8/21 0.2 570.00 $ 114.00 $ Prepare and send information request to N. Morales (PREPA) regarding 

reconciliation of June 2021 fuel and purchased power costs between MOR and 

Generation supporting documents for FY 2021 fiscal plan reporting.

Not in PR

50 San Miguel, 

Jorge

10/8/21 0.4 620.00 $ 248.00 $ Follow-up and review draft responses to creditor RFI related to procurement and 

fiscal plan matters.

PR

50 San Miguel, 

Jorge

10/8/21 0.2 620.00 $ 124.00 $ Transmit to creditor stakeholder representatives responses to RFI related to 

procurement and fiscal plan matters.

PR

40 Carr, Scott 10/8/21 0.3 615.00 $ 184.50 $ Participate on call with A. Sabbe (ACG) to discuss Ankura's report on PREPA 

excess vacation time liability. 

Not in PR

3 Crisalli, Paul 10/8/21 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) regarding reconciliation of June 2021 

fuel and purchased power costs between MOR and Generation supporting 

documents to inform FY 2021 fiscal plan reporting.

Not in PR

40 Carr, Scott 10/8/21 2.8 615.00 $ 1,722.00 $ Revise the draft report of PREPA excess vacation time liability. Not in PR

2 Crisalli, Paul 10/8/21 1.3 875.00 $ 1,137.50 $ Update the master monthly fuel and purchased power consumption schedule in 

October 2021 cash flow budget model.

Not in PR

50 San Miguel, 

Jorge

10/8/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Marino (ACG) regarding updates to draft 

responses to the RFI received from creditors.

PR

3 Gil, Gerard 10/8/21 0.3 500.00 $ 150.00 $ Participate on call with F. Padilla (PREPA) to discuss FY 2022 fiscal plan 

initiatives and implementation.

PR

2 Keys, Jamie 10/8/21 1.3 330.00 $ 429.00 $ Review variances in the July cash flow budget to inform updates to the October 

2021 cash flow budget.

Not in PR

40 Sabbe, Angela 10/8/21 0.3 570.00 $ 171.00 $ Participate on call with S. Carr (ACG) to discuss Ankura's report on PREPA 

excess vacation time liability. 

Not in PR

50 San Miguel, 

Jorge

10/8/21 1.0 620.00 $ 620.00 $ Review updated draft MOR and budget-to-actual reports provided by R. 

Zampierollo (PREPA) to inform discussion points for the 10/15/21 bi-weekly 

mediation call.

PR

25 Parker, 

Christine

10/8/21 2.6 200.00 $ 520.00 $ Review time descriptions to the Ankura September 2021 monthly fee statement 

for information currently assembled.

Not in PR

40 Sabbe, Angela 10/8/21 2.5 570.00 $ 1,425.00 $ Prepare edits and updates to draft report for PREPA on our analysis of excess 

vacation payments owed.

Not in PR

3 Porter, Lucas 10/8/21 0.2 570.00 $ 114.00 $ Correspond with E. Barbosa (PREPA) to inform updates to monthly reporting 

for FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 10/8/21 0.4 570.00 $ 228.00 $ Analyze follow-up requests for information from R. Rosario (FOMB) related to 

cash flow reporting for FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 10/8/21 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) regarding reconciliation of June 2021 

fuel and purchased power costs between MOR and Generation supporting 

documents to inform FY 2021 fiscal plan reporting.

Not in PR

3 Porter, Lucas 10/8/21 0.3 570.00 $ 171.00 $ Analyze supporting data for request from P. Crisalli (ACG) regarding 

reconciliation of June 2021 fuel and purchased power costs between MOR and 

Generation supporting documents for FY 2021 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 10/8/21 1.8 875.00 $ 1,575.00 $ Review AES, EcoElectrica, Naturgy, NFE and renewables invoices for July 

2021 and August 2021 to inform October 2021 cash flow budget.

Not in PR

3 Keys, Jamie 10/8/21 0.5 330.00 $ 165.00 $ Review P. Crisalli (ACG) comments to the updated fuel and purchased power 

generation analysis for FY 2022 fiscal plan reporting purposes.

Not in PR

6 Porter, Lucas 10/8/21 0.4 570.00 $ 228.00 $ Analyze the September 2022 PREB regulatory filing on fuel costs to inform 

comments for N. Morales (PREPA) regarding service account funding 

requirements for T&D O&M agreement.

Not in PR

25 Keys, Jamie 10/8/21 1.4 330.00 $ 462.00 $ Finalize changes to the twelfth interim fee application prior to review by P. 

Crisalli (ACG).

Not in PR

2 Crisalli, Paul 10/8/21 0.3 875.00 $ 262.50 $ Participate on call with L. Porter (ACG) regarding renewables and AES invoices 

for July, August and September 2021 to inform the October 2021 cash flow 

budget.

Not in PR

40 Sabbe, Angela 10/9/21 1.2 570.00 $ 684.00 $ Finalize draft of report for PREPA on our analysis of excess vacation payments 

owed.

Not in PR

40 Carr, Scott 10/9/21 1.2 615.00 $ 738.00 $ Review and update edits to the PREPA excess vacation time liability report. Not in PR

Exhibit C

November 29, 2021 / #PR00052 12 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 51 of 229
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 10/11/21 0.6 875.00 $ 525.00 $ Develop co-generation assumptions and summary outputs for the October 2021 

cash flow budget and distribute to J. Keys (ACG).

Not in PR

40 San Miguel, 

Jorge

10/11/21 2.9 620.00 $ 1,798.00 $ Review and prepare comments to draft report on valuation of excess vacation 

claims in support of PREPA's 2019 audited financial statements provided by A. 

Sabbe (ACG).

PR

2 Crisalli, Paul 10/11/21 0.3 875.00 $ 262.50 $ Correspond with J. Roque (Luma) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

2 Crisalli, Paul 10/11/21 0.5 875.00 $ 437.50 $ Update the draft work plan and RFI tracker for the October 2021 cash flow 

budget for additional requests and information provided by PREPA and Luma.

Not in PR

3 Smith, James 10/11/21 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

2 Crisalli, Paul 10/11/21 0.4 875.00 $ 350.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

2 Keys, Jamie 10/11/21 0.3 330.00 $ 99.00 $ Correspond with S. Diaz (ARI) regarding additional PREPA bank accounts 

related to emergency spend.

Not in PR

3 Porter, Lucas 10/11/21 0.8 570.00 $ 456.00 $ Review the PREPA General Ledger data received from L. Matias (PREPA) 

needed to develop the Disclosure Statement for implementation of FY 2022 

fiscal plan objectives.

Not in PR

3 Gil, Gerard 10/11/21 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

3 Porter, Lucas 10/11/21 0.6 570.00 $ 342.00 $ Prepare follow-up RFI for L. Matias (PREPA) related to PREPA historical 

financial information needed to develop the Disclosure Statement for FY 2022 

fiscal plan implementation.

Not in PR

3 Keys, Jamie 10/11/21 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

40 Carr, Scott 10/11/21 1.6 615.00 $ 984.00 $ Update draft report on Ankura's estimation of PREPA's excess vacation time 

liability.

Not in PR

2 Keys, Jamie 10/11/21 0.6 330.00 $ 198.00 $ Review the daily cash flow reports circulated by J. Roque (Luma) for use in cash 

flow updates.

Not in PR

3 Crisalli, Paul 10/11/21 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

2 Crisalli, Paul 10/11/21 0.6 875.00 $ 525.00 $ Develop LNG assumptions and summary outputs for the October 2021 cash 

flow budget and distribute to J. Keys (ACG).

Not in PR

3 Gil, Gerard 10/11/21 0.7 500.00 $ 350.00 $ Prepare status update report for F. Padilla (PREPA) regarding Ankura 

workstreams related to FY 2022 fiscal plan implementation.

PR

3 Porter, Lucas 10/11/21 1.3 570.00 $ 741.00 $ Revise the FY 2022 fiscal plan implementation workstream tracker from G. Gil 

(ACG) in advance of discussion with F. Padilla (PREPA).

Not in PR

25 Parker, 

Christine

10/11/21 1.4 200.00 $ 280.00 $ Assemble time descriptions for the period 9/26/21 - 9/30/21 for inclusion in the 

Ankura September 2021 monthly fee statement.

Not in PR

3 Porter, Lucas 10/11/21 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

2 Crisalli, Paul 10/11/21 1.7 875.00 $ 1,487.50 $ Develop templates for the cash flow and liquidity output reports for the October 

2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/11/21 0.5 570.00 $ 285.00 $ Participate on call with L. Bauer (NR) and R. Arrieta (SM) to discuss PREPA 

historical financial information needed to develop the Disclosure Statement for 

implementation of FY 2022 fiscal plan objectives.

Not in PR

40 Sabbe, Angela 10/11/21 1.5 570.00 $ 855.00 $ Perform evaluation of excess vacation liability for use in the related model. Not in PR

2 Crisalli, Paul 10/11/21 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

40 Carr, Scott 10/11/21 3.5 615.00 $ 2,152.50 $ Review information related to relevant laws regarding interest on judgments in 

Puerto Rico to inform Ankura's report and related analysis.

Not in PR

2 Keys, Jamie 10/11/21 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

2 Crisalli, Paul 10/11/21 1.1 875.00 $ 962.50 $ Continue to update the master monthly fuel and purchased power consumption 

schedule in the October 2021 cash flow budget model.

Not in PR

2 Keys, Jamie 10/11/21 1.2 330.00 $ 396.00 $ Review AES, Eco, Naturgy and NFE projections provided by P. Crisalli (ACG) 

for inclusion in the October 2021 cash flow budget.

Not in PR

3 Gil, Gerard 10/11/21 0.5 500.00 $ 250.00 $ Participate on calls with L. Porter (ACG) to discuss status of FY 2022 fiscal 

plan implementation workstreams.

PR

25 Parker, 

Christine

10/11/21 1.6 200.00 $ 320.00 $ Assemble time descriptions for the period 9/19/21 - 9/25/21 for inclusion in the 

Ankura September 2021 monthly fee statement.

Not in PR

2 Crisalli, Paul 10/11/21 0.8 875.00 $ 700.00 $ Develop templates for the cash flow and liquidity reports for the week ended 

10/8/21.

Not in PR

3 Porter, Lucas 10/11/21 0.5 570.00 $ 285.00 $ Participate on calls with G. Gil (ACG) to discuss status of FY 2022 fiscal plan 

implementation workstreams.

Not in PR

3 Gil, Gerard 10/11/21 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

40 Sabbe, Angela 10/11/21 1.0 570.00 $ 570.00 $ Prepare draft Ankura report related to analysis of excess vacation liability. Not in PR

Exhibit C

November 29, 2021 / #PR00052 13 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 52 of 229
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

10/11/21 1.2 200.00 $ 240.00 $ Update Exhibits A, B and C of the Ankura September 2021 monthly fee 

statement for information currently available.

Not in PR

2 Keys, Jamie 10/11/21 2.2 330.00 $ 726.00 $ Prepare the weekly cash flow outputs for the week ended 10/8/21 for review by 

P. Crisalli (ACG).

Not in PR

2 Keys, Jamie 10/11/21 0.4 330.00 $ 132.00 $ Revise the weekly cash flow outputs per comments provided by P. Crisalli 

(ACG).

Not in PR

25 Parker, 

Christine

10/11/21 2.1 200.00 $ 420.00 $ Review time descriptions to the Ankura September 2021 monthly fee statement 

for information currently assembled.

Not in PR

51 San Miguel, 

Jorge

10/11/21 0.9 620.00 $ 558.00 $ Review updated organizational structure from O. Chavez (PLLC) adjusted to 

address comments from F. Padilla (PREPA) for PMO and DFMO tasks.

PR

40 Carr, Scott 10/12/21 0.2 615.00 $ 123.00 $ Participate on call with J. Adrover (PREPA) and J. San Miguel (ACG) to 

discuss deliverable of final draft valuation report on vacation claims for 2019 

financial statement audit.

Not in PR

51 Gil, Gerard 10/12/21 0.4 500.00 $ 200.00 $ Review materials on federal funding projects prepared by PREPA in preparation 

for meeting regarding federal funding disbursements and advances.

PR

50 Crisalli, Paul 10/12/21 0.6 875.00 $ 525.00 $ Review and revise materials for the 10/15/21 bi-weekly mediation calls related 

to cash flow and liquidity.

Not in PR

25 Parker, 

Christine

10/12/21 1.2 200.00 $ 240.00 $ Assemble time descriptions for the period 10/1/21 - 10/9/21 for inclusion in the 

Ankura October 2021 monthly fee statement.

Not in PR

51 Gil, Gerard 10/12/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding update on DFMO 

structure discussions with F. Padilla (PREPA) to support final approval by 

PREPA Board of Directors.

PR

6 San Miguel, 

Jorge

10/12/21 0.6 620.00 $ 372.00 $ Review draft T&D O&M agreement reporting matrix and contractual 

obligations to provide information requested to N. Morales (PREPA).

PR

40 Carr, Scott 10/12/21 0.8 615.00 $ 492.00 $ Update legal interest section of Ankura's draft report on PREPA excess vacation 

liability based on Ankura's research.

Not in PR

3 Porter, Lucas 10/12/21 0.8 570.00 $ 456.00 $ Review PREPA audited financial statements to inform analysis of unpaid 

PREPA bond and bank debt service for updates to FY 2022 fiscal plan.

Not in PR

2 Gil, Gerard 10/12/21 0.7 500.00 $ 350.00 $ Participate on call with P. Crisalli (ACG) and O. Chavez (PLLC) regarding the 

federal funding cash flow forecast for the October 2021 cash flow budget.

PR

2 Keys, Jamie 10/12/21 0.6 330.00 $ 198.00 $ Review additional fuel inputs provided by P. Crisalli (ACG) for use in the 

October 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

10/12/21 1.1 495.00 $ 544.50 $ Begin updating PREPA FY 2021 fiscal plan overtime data reporting for May 

2021 working file.

Not in PR

6 Porter, Lucas 10/12/21 0.3 570.00 $ 171.00 $ Review due diligence materials provided by H. Fink (HL) for the P3 Authority 

generation transformation transaction RFP.

Not in PR

2 Keys, Jamie 10/12/21 0.5 330.00 $ 165.00 $ Revise the weekly cash flow outputs per comments provided by P. Crisalli 

(ACG).

Not in PR

40 San Miguel, 

Jorge

10/12/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Adrover (PREPA) regarding status of 

comments to draft valuation report on excess vacation claim and schedule for 

completion of work in support of the 2019 audit process.

PR

50 Porter, Lucas 10/12/21 0.4 570.00 $ 228.00 $ Participate on call with J. Smith (ACG) to discuss updates to agenda items and 

notes for the 10/15/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

10/12/21 0.9 495.00 $ 445.50 $ Begin updating PREPA FY 2021 fiscal plan overtime data reporting for June 

2021 working file.

Not in PR

40 San Miguel, 

Jorge

10/12/21 0.1 620.00 $ 62.00 $ Participate in discussion with J. Adrover (ACG) regarding issue of legal interest 

calculation for valuation of vacation claim case.

PR

3 Porter, Lucas 10/12/21 0.9 570.00 $ 513.00 $ Prepare responding information for N. Marino (ACG) regarding budget variance 

reports required by the FY 2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

10/12/21 0.9 495.00 $ 445.50 $ Begin updating PREPA FY 2022 fiscal plan overtime data reporting for 

September 2021 working file.

Not in PR

40 Carr, Scott 10/12/21 1.1 615.00 $ 676.50 $ Review and edit draft report on PREPA's excess vacation liability. Not in PR

40 Carr, Scott 10/12/21 0.9 615.00 $ 553.50 $ Research the proper methodology and interest rate for determining postjudgment interest payments in Puerto Rico as part of Ankura's estimation of 

PREPA's excess vacation liability.

Not in PR

3 Porter, Lucas 10/12/21 0.9 570.00 $ 513.00 $ Prepare responding information for N. Marino (ACG) related to FY 2022 budget 

variance reporting for N. Morales (PREPA) and the FOMB.

Not in PR

51 San Miguel, 

Jorge

10/12/21 0.4 620.00 $ 248.00 $ Review update report from F. Padilla (PREPA) related to federally funded 

project portfolio status to inform restructuring of DFMO organizational 

composition.

PR

40 Carr, Scott 10/12/21 0.6 615.00 $ 369.00 $ Participate on call with M. DiConza (OMM), J. San Miguel (ACG) and A. 

Sabbe (ACG) regarding Ankura's report on PREPA excess vacation liability.

Not in PR

25 Parker, 

Christine

10/12/21 2.3 200.00 $ 460.00 $ Review time descriptions to the Ankura September 2021 monthly fee statement 

for information currently assembled.

Not in PR

50 Keys, Jamie 10/12/21 0.7 330.00 $ 231.00 $ Participate on telephone call with S. Diaz (ARI) regarding funds in the 428 bank 

balance for use in weekly creditor reporting.

Not in PR

40 Sabbe, Angela 10/12/21 0.6 570.00 $ 342.00 $ Participate on call with M. DiConza (OMM), J. San Miguel (ACG) and S. Carr 

(ACG) regarding Ankura's report on PREPA excess vacation liability.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 14 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 53 of 229
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 10/12/21 0.6 570.00 $ 342.00 $ Participate on call with P. Crisalli (ACG) and R. Zampierollo (PREPA) 

regarding the FOMB RFI related to the PREPA cash flow forecast.

Not in PR

50 Smith, James 10/12/21 0.9 750.00 $ 675.00 $ Prepare initial draft notes for the 10/15/21 bi-weekly mediation call based on 

notes from prior call and current information about the T&D transition 

transaction, PREB proceedings and operations.

Not in PR

3 Gil, Gerard 10/12/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss draft analysis of unpaid 

PREPA bond and bank debt service to inform updates to the FY 2022 fiscal 

plan.

PR

2 Gil, Gerard 10/12/21 0.4 500.00 $ 200.00 $ Participate on call with F. Padilla (PREPA) to discuss the federal funding cash 

flow forecast for use in the October 2021 cash flow budget.

PR

25 Parker, 

Christine

10/12/21 0.7 200.00 $ 140.00 $ Participate on telephone call with J. Keys (ACG) regarding the status of the 

Ankura September 2021 fee statement.

Not in PR

2 Crisalli, Paul 10/12/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) regarding status update for the 

October 2021 cash flow budget.

Not in PR

51 San Miguel, 

Jorge

10/12/21 0.3 620.00 $ 186.00 $ Correspond with O. Chavez (PLLC) regarding status of DFMO organizational 

design proposal for discussion with F. Padilla (PREPA).

PR

40 Carr, Scott 10/12/21 0.5 615.00 $ 307.50 $ Participate on call with J. San Miguel (ACG) and A. Sabbe (ACG) to review 

comments to draft report on valuation of excess vacation claim in preparation 

for discussion with O'Melveny & Myers and PREPA.

Not in PR

40 San Miguel, 

Jorge

10/12/21 1.7 620.00 $ 1,054.00 $ Review arbitration related documents and prepare comments to draft report on 

claims valuation for discussion with O'Melveny & Myers and PREPA 

representatives.

PR

3 Porter, Lucas 10/12/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss draft analysis of unpaid PREPA 

bond and bank debt service to inform updates to the FY 2022 fiscal plan.

Not in PR

2 San Miguel, 

Jorge

10/12/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) regarding status update for the 

October 2021 cash flow budget.

PR

2 Crisalli, Paul 10/12/21 0.4 875.00 $ 350.00 $ Develop correspondence to Luma and PREPA regarding weekly budget versus 

actual cash flow variances.

Not in PR

40 Sabbe, Angela 10/12/21 1.4 570.00 $ 798.00 $ Prepare Ankura report and support related to analysis of excess vacation 

liability.

Not in PR

2 Keys, Jamie 10/12/21 1.8 330.00 $ 594.00 $ Prepare the cash flow file for inputs to support the October 2021 cash flow 

budget.

Not in PR

3 Porter, Lucas 10/12/21 2.3 570.00 $ 1,311.00 $ Revise draft analysis of unpaid PREPA bond and bank debt service requested by 

G. Gil (ACG) to inform updates to FY 2022 fiscal plan.

Not in PR

2 Porter, Lucas 10/12/21 0.4 570.00 $ 228.00 $ Prepare for call with P. Crisalli (ACG) and R. Zampierollo (PREPA) related to 

the PREPA October 2021 cash flow budget. 

Not in PR

25 Parker, 

Christine

10/12/21 1.5 200.00 $ 300.00 $ Update Exhibits A, B and C of the Ankura October 2021 monthly fee statement 

for information currently available.

Not in PR

50 Marino, 

Nicholas

10/12/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/15/21 bi-weekly mediation call.

Not in PR

40 Sabbe, Angela 10/12/21 2.5 570.00 $ 1,425.00 $ Analyze excess vacation liability, including extrapolation to non-sampled 

employees.

Not in PR

50 Keys, Jamie 10/12/21 1.9 330.00 $ 627.00 $ Prepare initial draft of the monthly accounts receivable reports for review by P. 

Crisalli (ACG).

Not in PR

2 Crisalli, Paul 10/12/21 0.3 875.00 $ 262.50 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

40 Sabbe, Angela 10/12/21 0.5 570.00 $ 285.00 $ Participate on call with S. Carr (ACG) and J. San Miguel (ACG) to review 

comments to draft report on valuation of excess vacation claim in preparation 

for discussion with O'Melveny & Myers and PREPA.

Not in PR

40 San Miguel, 

Jorge

10/12/21 0.2 620.00 $ 124.00 $ Participate on call with J. Adrover (PREPA) and S. Carr (ACG) to discuss 

deliverable of final draft valuation report related to vacation claims for 2019 

financial statement audit.

PR

50 Keys, Jamie 10/12/21 0.6 330.00 $ 198.00 $ Review the current draft of the bi-weekly creditor call agenda. Not in PR

2 Crisalli, Paul 10/12/21 0.4 875.00 $ 350.00 $ Conduct initial review of the September 2021 accounts receivable source 

documents provided by F. Ramos (Luma).

Not in PR

40 San Miguel, 

Jorge

10/12/21 0.3 620.00 $ 186.00 $ Participate on call with M. DiConza (OMM), A. Sabbe (ACG) and S. Carr 

(ACG) regarding Ankura's report on PREPA excess vacation liability (partial).

PR

3 Marino, 

Nicholas

10/12/21 1.0 495.00 $ 495.00 $ Begin updating PREPA FY 2021 fiscal plan overtime data reporting for April 

2021 working file.

Not in PR

3 San Miguel, 

Jorge

10/12/21 0.3 620.00 $ 186.00 $ Participate in discussion with F. Padilla (PREPA) and AAFAF representatives 

regarding meeting request from DOE LPO for renewable energy project 

financing.

PR

40 Bailey, Nate 10/12/21 2.8 380.00 $ 1,064.00 $ Write software code to determine employees with underpaid PTO liabilities for 

purposes of determining outstanding liabilities.

Not in PR

2 Chavez, 

Ottmar

10/12/21 0.7 250.00 $ 175.00 $ Participate on call with G. Gil (ACG) and P. Crisalli (ACG) regarding the 

federal funding cash flow forecast for the October 2021 cash flow budget.

PR

3 Gil, Gerard 10/12/21 0.3 500.00 $ 150.00 $ Update status report for F. Padilla (PREPA) regarding Ankura workstreams 

related to FY 2022 fiscal plan implementation.

PR

Exhibit C

November 29, 2021 / #PR00052 15 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 54 of 229
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 San Miguel, 

Jorge

10/12/21 0.4 620.00 $ 248.00 $ Participate on call with M. DiConza (OMM) to review and discuss draft report 

on valuation of vacation claim in preparation for discussion with PREPA 

representatives.

PR

2 Crisalli, Paul 10/12/21 0.5 875.00 $ 437.50 $ Revise the cash flow and liquidity output templates for the October 2021 cash 

flow budget.

Not in PR

3 Marino, 

Nicholas

10/12/21 1.0 495.00 $ 495.00 $ Begin updating PREPA FY 2022 fiscal plan overtime data reporting for July 

2021 working file.

Not in PR

40 San Miguel, 

Jorge

10/12/21 0.2 620.00 $ 124.00 $ Participate in discussion with K. Bolanos (DV) regarding valuation process for 

vacation claim case and confirmation of applicable legal interest to claim value 

calculation.

PR

6 San Miguel, 

Jorge

10/12/21 0.4 620.00 $ 248.00 $ Participate in discussion with N. Morales (PREPA) regarding reporting 

obligations and responsibilities under the T&D O&M agreement in support of 

financial reporting obligations by PREPA.

PR

2 Crisalli, Paul 10/12/21 0.6 875.00 $ 525.00 $ Participate on call with L. Porter (ACG) and R. Zampierollo (PREPA) regarding 

the FOMB RFI related to the PREPA cash flow forecast.

Not in PR

3 Keys, Jamie 10/12/21 1.1 330.00 $ 363.00 $ Revise the fuel and purchased power generation analysis for the updated August 

J28 report for use in reporting on the FY 2022 fiscal plan.

Not in PR

40 San Miguel, 

Jorge

10/12/21 0.5 620.00 $ 310.00 $ Participate on call with S. Carr (ACG) and A. Sabbe (ACG) to review comments 

to draft report on valuation of excess vacation claim in preparation for 

discussion with O'Melveny & Myers and PREPA.

PR

2 Crisalli, Paul 10/12/21 0.8 875.00 $ 700.00 $ Review Master Payment Schedule provided by PREPA Fuels Office to inform 

the October 2021 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

10/12/21 0.2 620.00 $ 124.00 $ Correspond with DOE representative regarding DOE LPO program in support 

of renewable energy project financing and request for information from PREPA 

and AAFAF.

PR

3 Marino, 

Nicholas

10/12/21 0.7 495.00 $ 346.50 $ Review and analyze PREPA remaining FY 2021 and FY 2022 overtime 

reporting data received from K. Diaz (PREPA).

Not in PR

50 Smith, James 10/12/21 0.4 750.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss updates to agenda items and 

notes for the 10/15/21 bi-weekly mediation call.

Not in PR

40 San Miguel, 

Jorge

10/12/21 0.2 620.00 $ 124.00 $ Review comments received from M. DiConza (OMM) regarding the 2018 

audited financial statement section on vacation claim case.

PR

50 San Miguel, 

Jorge

10/12/21 0.7 620.00 $ 434.00 $ Review draft agenda update provided by J. Smith (ACG) for the 10/15/21 biweekly mediation call and prepare comments.PR

25 Keys, Jamie 10/12/21 0.7 330.00 $ 231.00 $ Participate on telephone call with C. Parker (ACG) regarding the status of the 

Ankura September 2021 fee statement.

Not in PR

3 Marino, 

Nicholas

10/12/21 1.1 495.00 $ 544.50 $ Begin updating PREPA FY 2022 fiscal plan overtime data reporting for August 

2021 working file.

Not in PR

2 Crisalli, Paul 10/12/21 1.1 875.00 $ 962.50 $ Develop Bunker C assumptions and summary outputs for the October 2021 cash 

flow budget and distribute to J. Keys (ACG).

Not in PR

51 San Miguel, 

Jorge

10/12/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding update on DFMO 

structure discussions with F. Padilla (PREPA) to support final approval by 

PREPA Board of Directors.

PR

2 Crisalli, Paul 10/12/21 0.7 875.00 $ 612.50 $ Participate on call with G. Gil (ACG) and O. Chavez (PLLC) regarding the 

federal funding cash flow forecast for the October 2021 cash flow budget.

Not in PR

2 Keys, Jamie 10/13/21 1.0 330.00 $ 330.00 $ Participate on call with S. Diaz (ARI), O. Chavez (PLLC), G. Gil (ACG), P. 

Crisalli (ACG) and J. San Miguel (ACG) regarding emergency and permanent 

work related cash receipts and disbursements forecast for the October 2021 cash 

flow budget.

Not in PR

2 Crisalli, Paul 10/13/21 1.3 875.00 $ 1,137.50 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. Adrover 

(PREPA), J. San Miguel (ACG), L. Porter (ACG) and J. Keys (ACG) regarding 

assumptions and open items related to the October 2021 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

10/13/21 0.4 620.00 $ 248.00 $ Participate in meeting with G. Gil (ACG) to discuss emergency vendor issues 

and potential impact on PREPA's cash flow and liquidity. 

PR

2 Keys, Jamie 10/13/21 0.9 330.00 $ 297.00 $ Review the RFR tracker provided by S. Diaz (ARI) for use in the October 2021 

cash flow budget.

Not in PR

40 Sabbe, Angela 10/13/21 1.0 570.00 $ 570.00 $ Update Ankura's report on excess vacation liability. Not in PR

3 San Miguel, 

Jorge

10/13/21 0.2 620.00 $ 124.00 $ Review request from AAFAF for meeting on ARP funds for maintenance and 

fuel expenses.

PR

40 Bailey, Nate 10/13/21 3.2 380.00 $ 1,216.00 $ Write software code to analyze time off data for purposes of summarizing 

potential liabilities related to employees with unpaid or underpaid PTO.

Not in PR

2 Porter, Lucas 10/13/21 1.3 570.00 $ 741.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. Adrover 

(PREPA), J. San Miguel (ACG), P. Crisalli (ACG) and J. Keys (ACG) regarding 

assumptions and open items related to the October 2021 cash flow budget.

Not in PR

2 Gil, Gerard 10/13/21 1.0 500.00 $ 500.00 $ Participate on call with S. Diaz (ARI), O. Chavez (PLLC), P. Crisalli (ACG), J. 

Keys (ACG) and J. San Miguel (ACG) regarding emergency and permanent 

work-related cash receipts and disbursements forecast for the October 2021 cash 

flow budget.

PR

Exhibit C

November 29, 2021 / #PR00052 16 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 55 of 229
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

10/13/21 1.6 495.00 $ 792.00 $ Continue updating PREPA FY 2021 fiscal plan overtime data reporting for May 

2021 working file.

Not in PR

6 San Miguel, 

Jorge

10/13/21 0.4 620.00 $ 248.00 $ Correspond with N. Morales (PREPA) on T&D O&M agreement provisions for 

reporting obligations related to finance and operations.

PR

3 Gil, Gerard 10/13/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss the debt service analysis for 

the FY 2022 fiscal plan and related financial reporting. 

PR

2 Crisalli, Paul 10/13/21 0.3 875.00 $ 262.50 $ Prepare for call with PREPA regarding assumptions and open items for the 

October 2021 cash flow budget.

Not in PR

40 Sabbe, Angela 10/13/21 2.3 570.00 $ 1,311.00 $ Analyze excess vacation liability, including extrapolation, for Ankura report on 

PREPA liability for excess vacation.

Not in PR

50 Smith, James 10/13/21 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

2 Keys, Jamie 10/13/21 0.3 330.00 $ 99.00 $ Review the fleet and storage summary provided by P. Crisalli (ACG) for use in 

the October 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/13/21 0.6 875.00 $ 525.00 $ Follow-up correspondence with E. Ortiz (PREPA) and N. Morales (PREPA) 

regarding open items related to the October 2021 cash flow budget.

Not in PR

50 Crisalli, Paul 10/13/21 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 San Miguel, 

Jorge

10/13/21 0.1 620.00 $ 62.00 $ Contact J. Adrover (PREPA) regarding payroll data needed for the October 

2021 cash flow budget.

PR

50 Smith, James 10/13/21 1.6 750.00 $ 1,200.00 $ Update draft outline for the 10/15/21 bi-weekly mediation call based on addition 

of regulatory and transformation related topics and updated operations 

information.

Not in PR

50 Keys, Jamie 10/13/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

6 Porter, Lucas 10/13/21 0.7 570.00 $ 399.00 $ Prepare information requests for M. DiConza (OMM) and N. Morales (PREPA) 

regarding T&D account funding for the T&D transformation transaction.

Not in PR

50 Keys, Jamie 10/13/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

2 San Miguel, 

Jorge

10/13/21 0.3 620.00 $ 186.00 $ Participate on call with S. Diaz (ARI), O. Chavez (PLLC), P. Crisalli (ACG), J. 

Keys (ACG) and G. Gil (ACG) regarding emergency and permanent workrelated cash receipts and disbursements forecast for the October 2021 cash flow 

budget (partial).

PR

51 Chavez, 

Ottmar

10/13/21 0.1 250.00 $ 25.00 $ Prepare communication to S. Birriel (Vivienda) and M. Motta (Horne) to request 

PREPA participation on Energy Action Plan Public Hearings, as per F. Padilla 

(PREPA).

PR

50 Keys, Jamie 10/13/21 0.9 330.00 $ 297.00 $ 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 10/13/21 0.5 875.00 $ 437.50 $ Review supporting information and revise the PREPA payroll forecast for the 

October 2021 cash flow budget.

Not in PR

6 Porter, Lucas 10/13/21 0.2 570.00 $ 114.00 $ Review responding comments from N. Morales (PREPA) related to T&D 

account funding for the T&D transformation transaction.

Not in PR

3 Marino, 

Nicholas

10/13/21 1.5 495.00 $ 742.50 $ Continue updating PREPA FY 2021 fiscal plan overtime data reporting for 

April 2021 working file.

Not in PR

2 San Miguel, 

Jorge

10/13/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) to discuss status of emergency 

vendor documentation pending from Luma to inform the October 2021 cash 

flow budget. 

PR

2 Keys, Jamie 10/13/21 0.3 330.00 $ 99.00 $ Review the medical benefits summary provided by P. Crisalli (ACG) for use in 

the October 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

10/13/21 0.9 495.00 $ 445.50 $ Review the FY 2022 budget-to-actuals summary materials for N. Morales 

(PREPA) per PREPA 7/1/21 Certified Budget received from L. Porter (ACG).

Not in PR

2 Crisalli, Paul 10/13/21 1.1 875.00 $ 962.50 $ Develop Professional Services support schedules for the October 2021 cash 

flow budget.

Not in PR

2 San Miguel, 

Jorge

10/13/21 0.2 620.00 $ 124.00 $ Review Luma-related invoicing updates to inform the October 2021 cash flow 

budget update and related communications with N. Morales (PREPA) and P. 

Crisalli (ACG).

PR

3 Porter, Lucas 10/13/21 1.0 570.00 $ 570.00 $ Participate in working session with N. Marino (ACG) to discuss accounting data 

for FY 2022 budget variance reports.

Not in PR

3 Porter, Lucas 10/13/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss the debt service analysis for the 

FY 2022 fiscal plan and related financial reporting. 

Not in PR

3 Marino, 

Nicholas

10/13/21 0.3 495.00 $ 148.50 $ Review PREPA FY 2022 fiscal plan initiatives October 2021 implementation 

reporting materials related to renewable RFPs received from R. Zampierollo 

(PREPA).

Not in PR

2 San Miguel, 

Jorge

10/13/21 0.4 620.00 $ 248.00 $ Review cash flow budget RFI update from P. Crisalli (ACG) for follow-up with 

J. Adrover (PREPA) and E. Ortiz (PREPA) regarding open items.

PR

50 Smith, James 10/13/21 0.5 750.00 $ 375.00 $ Review PREB regulatory resolutions related to PREPA and Luma in preparation 

for the 10/15/21 bi-weekly mediation call.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 17 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 56 of 229
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

10/13/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 10/15/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 10/13/21 0.8 875.00 $ 700.00 $ Develop medical benefit cost assumptions and summary outputs for the October 

2021 cash flow budget for distribution to J. Keys (ACG).

Not in PR

50 Crisalli, Paul 10/13/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

50 Keys, Jamie 10/13/21 0.8 330.00 $ 264.00 $ Prepare the weekly FEMA flash report for the week ended 10/8/21 for review by 

P. Crisalli (ACG).

Not in PR

51 Keys, Jamie 10/13/21 0.3 330.00 $ 99.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to project 

worksheet information included in the weekly project worksheet status report.

Not in PR

51 Chavez, 

Ottmar

10/13/21 1.2 250.00 $ 300.00 $ Update DFMO 2.0 presentation for review with F. Padilla (PREPA). PR

2 San Miguel, 

Jorge

10/13/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Morales (PREPA) regarding emergency vendor 

status update and next steps for use in the October 2021 cash flow budget.

PR

3 Smith, James 10/13/21 1.0 750.00 $ 750.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system updates for FY 2022 fiscal plan reporting to the FOMB.

Not in PR

2 Gil, Gerard 10/13/21 0.4 500.00 $ 200.00 $ Participate in meeting with J. San Miguel (ACG) to discuss emergency vendor 

issues and potential impact on PREPA's cash flow and liquidity.

PR

2 Crisalli, Paul 10/13/21 0.6 875.00 $ 525.00 $ Participate on call with J. Roque (Luma) regarding medical benefit cost 

assumption for the October 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/13/21 1.0 875.00 $ 875.00 $ Participate on call with S. Diaz (ARI), O. Chavez (PLLC), G. Gil (ACG), J. 

Keys (ACG) and J. San Miguel (ACG) regarding emergency and permanent 

work related cash receipts and disbursements forecast for the October 2021 cash 

flow budget.

Not in PR

40 Bailey, Nate 10/13/21 2.9 380.00 $ 1,102.00 $ Write software code to determine number of employees with unpaid PTO for 

purposes of determining outstanding liabilities.

Not in PR

3 Marino, 

Nicholas

10/13/21 1.0 495.00 $ 495.00 $ Participate in working session with L. Porter (ACG) to discuss accounting data 

for FY 2022 budget variance reports.

Not in PR

3 Porter, Lucas 10/13/21 0.3 570.00 $ 171.00 $ Review the updated fleet status report provided by J. Smith (ACG) for the 

10/10/21 generation operating report submittal to the FOMB required by the FY 

2022 fiscal plan.

Not in PR

51 Chavez, 

Ottmar

10/13/21 1.3 250.00 $ 325.00 $ Prepare insurance claim update on Hurricane Maria and Earthquake for PREPA 

call on 10/15/21 with F. Padilla (PREPA).

PR

3 Porter, Lucas 10/13/21 0.5 570.00 $ 285.00 $ Review FY 2021 budget and actual financial information provide by N. Morales 

(PREPA) related to fiscal plan reporting.

Not in PR

2 Crisalli, Paul 10/13/21 0.7 875.00 $ 612.50 $ Develop the fleet and storage support schedules for the October 2021 cash flow 

budget.

Not in PR

2 Gil, Gerard 10/13/21 0.3 500.00 $ 150.00 $ Participate on follow-up call with F. Padilla (PREPA) to discuss federal funding 

cash flow forecast for the October 2021 cash flow budget.

PR

50 Keys, Jamie 10/13/21 1.1 330.00 $ 363.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

50 San Miguel, 

Jorge

10/13/21 0.2 620.00 $ 124.00 $ Review and comment on agenda matters provided by M. DiConza (OMM) for 

the 10/15/21 bi-weekly mediation call.

PR

3 San Miguel, 

Jorge

10/13/21 0.1 620.00 $ 62.00 $ Correspond with P. Crisalli (ACG) and G. Gil (ACG) regarding AAFAF's 

request for meeting on ARP funds for maintenance and fuel expenses.

PR

3 San Miguel, 

Jorge

10/13/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Loran (AAFAF) regarding follow-up on 

renewable energy transition initiatives under fiscal plan and DOE meeting 

request.

PR

3 Marino, 

Nicholas

10/13/21 1.2 495.00 $ 594.00 $ Review the FY 2022 budget-to-actuals summary follow-up materials for N. 

Morales (PREPA) received from L. Porter (ACG).

Not in PR

3 Gil, Gerard 10/13/21 1.4 500.00 $ 700.00 $ Review and analyze debt bank and bond debt analysis and related financial 

statements.

PR

3 San Miguel, 

Jorge

10/13/21 0.4 620.00 $ 248.00 $ Participate in discussion with DOE representatives regarding status of 

renewable energy transition initiatives under the certified fiscal plan.

PR

25 Parker, 

Christine

10/13/21 2.2 200.00 $ 440.00 $ Review current draft of Exhibits A, B and C of the Ankura September 2021 

monthly fee statement prior to distribution to J. Keys (ACG).

Not in PR

6 San Miguel, 

Jorge

10/13/21 0.2 620.00 $ 124.00 $ Provide comments to L. Porter (ACG) related to fuel account refunding inquiry 

for discussion with O'Melveny & Myers.

PR

3 Gil, Gerard 10/13/21 0.2 500.00 $ 100.00 $ Participate in discussion with F. Padilla (PREPA) and J. San Miguel (ACG) 

regarding renewable energy transition projects under the certified fiscal plan to 

coordinate meeting with DOE staff in support thereof.

PR

50 Gil, Gerard 10/13/21 0.8 500.00 $ 400.00 $ Review and analyze PREB regulatory dockets in preparation for the 10/15/21 biweekly mediation call.

PR

3 Marino, 

Nicholas

10/13/21 1.3 495.00 $ 643.50 $ Continue updating PREPA FY 2021 fiscal plan overtime data reporting for June 

2021 working file.

Not in PR

2 Keys, Jamie 10/13/21 1.3 330.00 $ 429.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. Adrover 

(PREPA), J. San Miguel (ACG), L. Porter (ACG) and P. Crisalli (ACG) 

regarding assumptions and open items related to the October 2021 cash flow 

budget.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 18 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 57 of 229
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 10/13/21 0.6 875.00 $ 525.00 $ Update the draft work plan and RFI tracker for the October 2021 cash flow 

budget for additional requests and information provided by PREPA and Luma.

Not in PR

40 Carr, Scott 10/13/21 0.8 615.00 $ 492.00 $ Analyze derivation of excess vacation usage equations for Ankura report on 

PREPA liability for excess vacation.

Not in PR

3 San Miguel, 

Jorge

10/13/21 0.3 620.00 $ 186.00 $ Participate in discussion with DOE representative regarding schedule for 

meeting with PREPA and AAFAF representatives regarding financing for 

renewable energy projects.

PR

3 Porter, Lucas 10/13/21 1.3 570.00 $ 741.00 $ Prepare generation operational report for the week ending 10/10/21 based on 

data from G. Soto (Luma) for FOMB as required by the FY 2022 PREPA fiscal 

plan.

Not in PR

50 San Miguel, 

Jorge

10/13/21 0.6 620.00 $ 372.00 $ Review updated draft agenda for the 10/15/21 bi-weekly mediation call 

provided by J. Smith (ACG).

PR

2 Crisalli, Paul 10/13/21 1.4 875.00 $ 1,225.00 $ Review daily Government collections by agency for July, August, September 

and October MTD to inform the October 2021 cash flow budget.

Not in PR

50 Keys, Jamie 10/13/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

6 San Miguel, 

Jorge

10/13/21 0.4 620.00 $ 248.00 $ Review fuel account refunding spreadsheet provided by PREPA related to Luma 

request in preparation for discussion with O'Melveny & Myers.

PR

2 Crisalli, Paul 10/13/21 0.4 875.00 $ 350.00 $ Finalize the cash flow reporting for week ended 10/8/21. Not in PR

2 Crisalli, Paul 10/13/21 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 Porter, Lucas 10/13/21 0.6 570.00 $ 342.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system updates for FY 2022 fiscal plan reporting to the FOMB 

(partial).

Not in PR

6 Gil, Gerard 10/13/21 1.5 500.00 $ 750.00 $ Review and provide comments to the updated draft of the GridCo-GenCo 

Operating Agreement sent by Cleary Gottlieb on 10/11/21 to inform discussions 

related to T&D service accounts funding.

PR

3 San Miguel, 

Jorge

10/13/21 0.2 620.00 $ 124.00 $ Participate in discussion with F. Padilla (PREPA) and G. Gil (ACG) regarding 

renewable energy transition projects under the certified fiscal plan to coordinate 

meeting with DOE staff in support thereof.

PR

2 Chavez, 

Ottmar

10/13/21 1.0 250.00 $ 250.00 $ Participate on call with S. Diaz (ARI), P. Crisalli (ACG), G. Gil (ACG), J. Keys 

(ACG) and J. San Miguel (ACG) regarding emergency and permanent workrelated cash receipts and disbursements forecast for the October 2021 cash flow 

budget.

PR

50 Keys, Jamie 10/13/21 0.7 330.00 $ 231.00 $ Prepare the weekly reporting package for distribution. Not in PR

3 Porter, Lucas 10/13/21 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 

10/3/21 as required by the FY 2022 certified fiscal plan.

Not in PR

2 Crisalli, Paul 10/13/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

50 Keys, Jamie 10/13/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding changes to the FEMA flash report. Not in PR

2 San Miguel, 

Jorge

10/13/21 1.3 620.00 $ 806.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), J. Adrover 

(PREPA), P. Crisalli (ACG), L. Porter (ACG) and J. Keys (ACG) regarding 

assumptions and open items related to the October 2021 cash flow budget.

PR

50 Smith, James 10/14/21 1.6 750.00 $ 1,200.00 $ Update draft outline for the 10/15/21 bi-weekly mediation call based on 

discussions with J. San Miguel (ACG).

Not in PR

50 Porter, Lucas 10/14/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss notes for the 10/15/21 biweekly mediation call.

Not in PR

50 Porter, Lucas 10/14/21 0.8 570.00 $ 456.00 $ Review PREB filing on fuel costs to inform updates to draft meeting notes from 

J. Smith (ACG) for the 10/15/21 bi-weekly mediation call.

Not in PR

50 Gil, Gerard 10/14/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss notes for the 10/15/21 biweekly mediation call.

PR

51 Chavez, 

Ottmar

10/14/21 0.5 250.00 $ 125.00 $ Review existing claim documentation in preparation for call with J. Parsons 

(Claro) to review all Hurricane Maria insurance pending claim items for 

baseline and work plan production per PMO Director's request.

PR

2 San Miguel, 

Jorge

10/14/21 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) regarding cash flow budget 

revisions based on information from AAFAF and PREPA budgeting priorities.

PR

2 San Miguel, 

Jorge

10/14/21 0.2 620.00 $ 124.00 $ Participate in discussion M. DiConza (OMM) and N. Morales (PREPA) 

regarding pending matters related to emergency vendors to inform the October 

2021 cash flow budget update.

PR

3 San Miguel, 

Jorge

10/14/21 0.5 620.00 $ 310.00 $ Participate in meeting with P. Crisalli (ACG), G. Gil (ACG) and AAFAF 

representatives to discuss ARP related funding for fuel and generation expenses.

PR

3 Marino, 

Nicholas

10/14/21 0.7 495.00 $ 346.50 $ Begin updating the PREPA FY 2022 fiscal plan initiatives October 2021 

implementation reporting presentation.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 19 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 58 of 229
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 Chavez, 

Ottmar

10/14/21 1.0 250.00 $ 250.00 $ Participate on call with M. Marquez (WTW) and J. San Miguel (PLLC) to 

review and prepare Hurricane Maria insurance claim update for week ending 

10/15/21 as requested by F. Padilla (PREPA).

PR

3 Gil, Gerard 10/14/21 1.1 500.00 $ 550.00 $ Participate in working session with L. Porter (ACG) to revise draft analysis of 

unpaid PREPA bond and bank debt service for updates to the FY 2022 fiscal 

plan.

PR

2 Crisalli, Paul 10/14/21 0.3 875.00 $ 262.50 $ Correspond with K. Diaz (PREPA), and update related supporting schedules, 

regarding expected advances and transfers of insurance proceeds assumptions 

for the October 2021 cash flow budget.

Not in PR

2 Keys, Jamie 10/14/21 0.3 330.00 $ 99.00 $ Review FOMB advisor costs provided by P. Crisalli (ACG) for use in the 

October 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/14/21 0.5 875.00 $ 437.50 $ Prepare analysis of T&D service accounts as requested by N. Morales (PREPA). Not in PR

3 Gil, Gerard 10/14/21 0.6 500.00 $ 300.00 $ Review the Restructuring Support Agreement to advance debt analysis and FY 

2022 fiscal plan implementation.

PR

50 Porter, Lucas 10/14/21 1.0 570.00 $ 570.00 $ Review final budget variance report from R. Zampierollo (PREPA) to inform 

agenda topics for the 10/15/21 bi-weekly mediation call.

Not in PR

2 Porter, Lucas 10/14/21 0.4 570.00 $ 228.00 $ Participate on call with N. Morales (PREPA), M. DiConza (OMM), J. San 

Miguel (ACG) and P. Crisalli (ACG) to discuss T&D account funding and other 

cash flow-related matters.

Not in PR

3 Gil, Gerard 10/14/21 0.3 500.00 $ 150.00 $ Participate on call with S. Rodriguez (Luma) to discuss insurance expense and 

renewal for FY 2023.

PR

51 Chavez, 

Ottmar

10/14/21 1.0 250.00 $ 250.00 $ Participate on call with M. Marquez (WTW) and J. San Miguel (PLLC) to 

review and prepare Hurricane Maria insurance claim update for week ending 

10/15/21 to inform PMO Director.

PR

50 Crisalli, Paul 10/14/21 1.4 875.00 $ 1,225.00 $ Review active and inactive accounts receivable aging reports and Government 

accounts receivable aging report for September 2021 and provide comments to 

J. Keys (ACG).

Not in PR

3 Porter, Lucas 10/14/21 1.3 570.00 $ 741.00 $ Revise draft response with supporting analysis of unpaid PREPA bond and bank 

debt service for updates to FY 2022 fiscal plan, and send to G. Gil (ACG).

Not in PR

3 San Miguel, 

Jorge

10/14/21 0.3 620.00 $ 186.00 $ Participate in discussion with AAFAF representatives regarding status of 

information collection on PREPA maintenance and fuel expenses.

PR

3 Keys, Jamie 10/14/21 0.3 330.00 $ 99.00 $ Correspond with L. Porter (ACG) regarding the revised August J28 report for 

use in preparing a summary of fuel costs for AAFAF.

Not in PR

2 Porter, Lucas 10/14/21 0.8 570.00 $ 456.00 $ Participate on call with M. DiConza (OMM), J. San Miguel (ACG), G. Gil 

(ACG) and P. Crisalli (ACG) to discuss T&D account funding and other cash 

flow-related matters.

Not in PR

3 Porter, Lucas 10/14/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss FY 2022 fiscal plan reporting 

for October.

Not in PR

3 Gil, Gerard 10/14/21 0.3 500.00 $ 150.00 $ Participate on call with M. DiConza (OMM) and L. Porter (ACG) to discuss 

unpaid PREPA bond debt service for updates to the FY 2022 fiscal plan.

PR

50 Gil, Gerard 10/14/21 0.2 500.00 $ 100.00 $ Participate on call with N. Morales (PREPA) to discuss various items for the 

10/15/21 bi-weekly mediation call.

PR

2 San Miguel, 

Jorge

10/14/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA), M. DiConza (OMM), P. Crisalli 

(ACG) and L. Porter (ACG) to discuss T&D account funding and other cash 

flow-related matters.

PR

3 Marino, 

Nicholas

10/14/21 1.2 495.00 $ 594.00 $ Begin updating the PREPA FY 2022 fiscal plan initiatives October 2021 

implementation reporting master working file.

Not in PR

6 San Miguel, 

Jorge

10/14/21 1.2 620.00 $ 744.00 $ Prepare draft summary of reporting obligations under the T&D O&M agreement 

for A. Rodriguez (PREPA) and N. Morales (PREPA).

PR

50 Porter, Lucas 10/14/21 0.9 570.00 $ 513.00 $ Analyze historical commodity price information to inform updates to draft 

meeting notes from J. Smith (ACG) for the 10/15/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 10/14/21 0.5 875.00 $ 437.50 $ Develop PREPA payroll assumptions and summary outputs for the October 

2021 cash flow budget and distribute to J. Keys (ACG).

Not in PR

3 Marino, 

Nicholas

10/14/21 1.2 495.00 $ 594.00 $ Finalize updating PREPA FY 2021 fiscal plan overtime data reporting for May 

2021 presentation.

Not in PR

2 Crisalli, Paul 10/14/21 0.4 875.00 $ 350.00 $ Participate on call with N. Morales (PREPA), M. DiConza (OMM), J. San 

Miguel (ACG) and L. Porter (ACG) to discuss T&D account funding and other 

cash flow-related matters.

Not in PR

3 Porter, Lucas 10/14/21 0.2 570.00 $ 114.00 $ Prepare and send information request to T. Rivera (Luma) regarding fuel costs 

for FY 2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 10/14/21 0.3 875.00 $ 262.50 $ Revise renewables payment assumptions and summary outputs for the October 

2021 cash flow budget and distribute to J. Keys (ACG).

Not in PR

2 Crisalli, Paul 10/14/21 0.2 875.00 $ 175.00 $ Update the draft work plan and RFI tracker for the October 2021 cash flow 

budget for additional requests and information provided by PREPA and Luma.

Not in PR

50 Keys, Jamie 10/14/21 0.6 330.00 $ 198.00 $ Review the latest draft of the 10/15/21 bi-weekly mediation call agenda 

provided by J. Smith (ACG).

Not in PR

Exhibit C

November 29, 2021 / #PR00052 20 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 59 of 229
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 10/14/21 0.3 570.00 $ 171.00 $ Participate on call with M. DiConza (OMM) and G. Gil (ACG) to discuss 

unpaid PREPA bond debt service for updates to the FY 2022 fiscal plan.

Not in PR

2 San Miguel, 

Jorge

10/14/21 0.4 620.00 $ 248.00 $ Participate on call with M. DiConza (OMM) to discuss T&D account funding 

requirements, timing and other cash flow matters.

PR

3 Marino, 

Nicholas

10/14/21 1.7 495.00 $ 841.50 $ Participate in working session with R. Zampierollo (PREPA), L. Porter (ACG) 

and G. Gil (ACG) to develop materials for October monthly report to the FOMB 

required by the FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 10/14/21 1.7 570.00 $ 969.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

N. Marino (ACG) to develop materials for October monthly report to the FOMB 

required by the FY 2022 fiscal plan.

Not in PR

2 Crisalli, Paul 10/14/21 0.5 875.00 $ 437.50 $ Participate on call with J. San Miguel (ACG), G. Gil (ACG) and representatives 

of AAFAF regarding emergency necessary maintenance and fuel costs.

Not in PR

2 San Miguel, 

Jorge

10/14/21 0.5 620.00 $ 310.00 $ Participate on call with P. Crisalli (ACG), G. Gil (ACG) and representatives of 

AAFAF regarding emergency necessary maintenance and fuel costs.

PR

50 Crisalli, Paul 10/14/21 0.6 875.00 $ 525.00 $ 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 September 2021.

Not in PR

2 Keys, Jamie 10/14/21 0.7 330.00 $ 231.00 $ Review payroll information provided by P. Crisalli (ACG) for use in the October 

2021 cash flow budget.

Not in PR

3 Gil, Gerard 10/14/21 1.7 500.00 $ 850.00 $ Participate in working session with R. Zampierollo (PREPA), L. Porter (ACG) 

and N. Marino (ACG) to develop materials for October monthly report to the 

FOMB required by the FY 2022 fiscal plan.

PR

50 Crisalli, Paul 10/14/21 0.3 875.00 $ 262.50 $ Update materials for the 10/15/21 bi-weekly mediation call related to cash flow 

and liquidity and review related source documents and supporting analysis.

Not in PR

2 San Miguel, 

Jorge

10/14/21 0.8 620.00 $ 496.00 $ Participate on call with M. DiConza (OMM), P. Crisalli (ACG), G. Gil (ACG) 

and L. Porter (ACG) to discuss T&D account funding and other cash flowrelated matters.

PR

3 Crisalli, Paul 10/14/21 0.6 875.00 $ 525.00 $ Prepare the cash flow and liquidity related post-certification fiscal plan reports 

for week ended 10/8/21.

Not in PR

50 Keys, Jamie 10/14/21 0.4 330.00 $ 132.00 $ Prepare the weekly excel files for FOMB reporting. Not in PR

3 Porter, Lucas 10/14/21 1.1 570.00 $ 627.00 $ Participate in working session with G. Gil (ACG) to revise draft analysis of 

unpaid PREPA bond and bank debt service for updates to the FY 2022 fiscal 

plan. 

Not in PR

40 San Miguel, 

Jorge

10/14/21 0.4 620.00 $ 248.00 $ Review comments from D&V to draft valuation report on excess vacation prior 

to finalizing draft for submittal to N. Morales (PREPA) and J. Adrover 

(PREPA).

PR

50 San Miguel, 

Jorge

10/14/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding comments to the draft 

agenda for the 10/15/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

10/14/21 0.4 620.00 $ 248.00 $ Participate on call with J. Smith (ACG) to discuss draft agenda for the 10/15/21 

bi-weekly mediation call and review pending inputs from PREPA.

PR

50 San Miguel, 

Jorge

10/14/21 1.2 620.00 $ 744.00 $ Review the fleet status report update and regulatory development summaries for 

the 10/15/21 bi-weekly mediation call.

PR

2 Gil, Gerard 10/14/21 0.8 500.00 $ 400.00 $ Participate on call with M. DiConza (OMM), J. San Miguel (ACG), P. Crisalli 

(ACG) and L. Porter (ACG) to discuss T&D account funding and other cash 

flow-related matters.

PR

50 Smith, James 10/14/21 1.0 750.00 $ 750.00 $ Review recent news, legislative and regulatory information related to Luma and 

PREPA in preparation for the 10/15/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

10/14/21 0.3 495.00 $ 148.50 $ Revise PREPA FY 2022 fiscal plan initiatives October 2021 implementation 

reporting master working file regarding renewable RFPs update received from 

R. Zampierollo (PREPA).

Not in PR

50 San Miguel, 

Jorge

10/14/21 0.5 620.00 $ 310.00 $ Review comments and edits proposed by G. Gil (ACG) and P. Crisalli (ACG) to 

draft update report for the 10/15/21 bi-weekly mediation call.

PR

2 Crisalli, Paul 10/14/21 0.4 875.00 $ 350.00 $ Review source data for FEMA RFR tracker to inform the October 2021 cash 

flow budget restoration and reconstruction spend forecast.

Not in PR

3 Marino, 

Nicholas

10/14/21 1.0 495.00 $ 495.00 $ Finalize updating PREPA FY 2021 fiscal plan overtime data reporting for April 

2021 presentation.

Not in PR

3 Crisalli, Paul 10/14/21 0.5 875.00 $ 437.50 $ Participate in meeting with J. San Miguel (ACG), G. Gil (ACG) and AAFAF 

representatives to discuss ARP related funding for fuel and generation expenses.

Not in PR

2 Crisalli, Paul 10/14/21 0.4 875.00 $ 350.00 $ Participate on various calls with J. Keys (ACG) regarding the PREPA October 

2021 cash flow budget assumptions and support schedules.

Not in PR

3 Marino, 

Nicholas

10/14/21 0.6 495.00 $ 297.00 $ Revise PREPA FY 2022 fiscal plan initiatives October 2021 implementation 

reporting presentation following working session with R. Zampierollo (PREPA), 

G. Gil (ACG) and L. Porter (ACG).

Not in PR

2 Keys, Jamie 10/14/21 1.9 330.00 $ 627.00 $ Prepare the PUMA outstanding invoice report for use in projections for the 

October 2021 cash flow budget.

Not in PR

2 Keys, Jamie 10/14/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding the latest PUMA outstanding 

invoice report for use in the October 2021 cash flow budget.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 21 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 60 of 229
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

10/14/21 1.1 495.00 $ 544.50 $ Finalize updating PREPA FY 2021 fiscal plan overtime data reporting for June 

2021 presentation.

Not in PR

51 San Miguel, 

Jorge

10/14/21 1.0 620.00 $ 620.00 $ Participate on call with M. Marquez (WTW) and O. Chavez (PLLC) to review 

and prepare Hurricane Maria insurance claim update for week ending 10/15/21 

to inform PMO Director.

PR

3 San Miguel, 

Jorge

10/14/21 0.1 620.00 $ 62.00 $ Provide L. Bauer (NR) update response on request for 2019 audited financial 

statements based on PREPA's instructions.

PR

6 Porter, Lucas 10/14/21 0.3 570.00 $ 171.00 $ Participate on call with N. Morales (PREPA) to discuss T&D account funding 

for the T&D transformation transaction.

Not in PR

51 Chavez, 

Ottmar

10/14/21 0.1 250.00 $ 25.00 $ Prepare communication to F. Padilla (PREPA) for the Energy Action Plan 

meeting with S. Birriel (Vivienda).

PR

50 Smith, James 10/14/21 0.5 750.00 $ 375.00 $ Review PREPA Emergency Declaration in regards to generation fleet and 

update draft notes for the 10/15/21 bi-weekly mediation call.

Not in PR

25 Parker, 

Christine

10/14/21 1.6 200.00 $ 320.00 $ Review time descriptions to the Ankura October 2021 monthly fee statement for 

information currently assembled.

Not in PR

2 Keys, Jamie 10/14/21 1.3 330.00 $ 429.00 $ Review restoration and reconstruction spend information provided by P. Crisalli 

(ACG) for use in the October 2021 cash flow budget.

Not in PR

3 Gil, Gerard 10/14/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan reporting 

for October.

PR

2 Keys, Jamie 10/14/21 0.7 330.00 $ 231.00 $ Participate on telephone call with S. Diaz (ARI) regarding expected permanent 

work projects for use in the October 2021 cash flow budget.

Not in PR

50 Smith, James 10/14/21 1.0 750.00 $ 750.00 $ Review and compile October to date generation operations and outage reports 

received from G. Soto (Luma) in support of the creditor reporting workstream.

Not in PR

2 Keys, Jamie 10/14/21 0.4 330.00 $ 132.00 $ Participate on various calls with P. Crisalli (ACG) regarding the PREPA 

October 2021 cash flow budget assumptions and support schedules.

Not in PR

3 San Miguel, 

Jorge

10/14/21 0.2 620.00 $ 124.00 $ Correspond with N. Morales (PREPA) regarding status of generation budget 

review and evaluation process to address recent outage events.

PR

40 Sabbe, Angela 10/14/21 1.0 570.00 $ 570.00 $ Update Ankura's report on excess liability. Not in PR

3 Marino, 

Nicholas

10/14/21 0.6 495.00 $ 297.00 $ Review the PREPA FY 2021 fiscal plan overtime data reporting presentations 

for April, May and June 2021.

Not in PR

50 Marino, 

Nicholas

10/14/21 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 10/15/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 10/14/21 1.3 875.00 $ 1,137.50 $ Develop renewables assumptions and summary outputs for the October 2021 

cash flow budget for distribution to J. Keys (ACG).

Not in PR

2 San Miguel, 

Jorge

10/14/21 0.4 620.00 $ 248.00 $ Participate on call with M. DiConza (OMM) and N. Morales (PREPA) 

regarding T&D account funding requirements and other cash flow-related 

matters.

PR

51 Chavez, 

Ottmar

10/14/21 1.0 250.00 $ 250.00 $ Participate on call with J. Parsons (Claro) to review earthquake insurance claims 

update for week ending 10/15/21 as requested by PMO Director.

PR

40 San Miguel, 

Jorge

10/14/21 0.2 620.00 $ 124.00 $ Confirm with S. Carr (ACG) edits and comments received from D&V to draft 

valuation report on excess vacation.

PR

50 Gil, Gerard 10/14/21 0.8 500.00 $ 400.00 $ Review and edit materials for the 10/15/21 bi-weekly mediation call. PR

40 Carr, Scott 10/14/21 0.8 615.00 $ 492.00 $ Update draft report on Ankura's estimate of PREPA's liability for excess 

vacation time to reflect comments from counsel.

Not in PR

2 Crisalli, Paul 10/14/21 0.7 875.00 $ 612.50 $ Develop restoration and reconstruction assumptions and summary outputs for 

the October 2021 cash flow budget and distribute to J. Keys (ACG).

Not in PR

50 Porter, Lucas 10/14/21 0.9 570.00 $ 513.00 $ Revise draft meeting notes from J. Smith (ACG) to include comments on fuel 

costs for the 10/15/21 bi-weekly mediation call.

Not in PR

40 Sabbe, Angela 10/14/21 0.8 570.00 $ 456.00 $ Perform quality control review of Ankura report on PREPA liability for excess 

vacation.

Not in PR

50 Smith, James 10/14/21 0.4 750.00 $ 300.00 $ Participate on call with J. San Miguel (ACG) to discuss draft agenda for the 

10/15/21 bi-weekly mediation call and review pending inputs from PREPA.

Not in PR

3 Marino, 

Nicholas

10/14/21 0.4 495.00 $ 198.00 $ Update master working file following working session with R. Zampierollo 

(PREPA), G. Gil (ACG) and L. Porter (ACG) regarding PREPA FY 2022 fiscal 

plan initiatives October 2021 reporting.

Not in PR

50 Gil, Gerard 10/14/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding comments to the 

draft agenda for the 10/15/21 bi-weekly mediation call.

PR

2 Gil, Gerard 10/14/21 0.5 500.00 $ 250.00 $ Participate on call with J. San Miguel (ACG), P. Crisalli (ACG) and 

representatives of AAFAF regarding emergency necessary maintenance and fuel 

costs.

PR

2 Crisalli, Paul 10/14/21 0.8 875.00 $ 700.00 $ Participate on call with M. DiConza (OMM), J. San Miguel (ACG), G. Gil 

(ACG) and L. Porter (ACG) to discuss T&D account funding and other cash 

flow-related matters.

Not in PR

3 Gil, Gerard 10/14/21 0.5 500.00 $ 250.00 $ Participate in meeting with P. Crisalli (ACG), J. San Miguel (ACG) and AAFAF 

representatives to discuss ARP related funding for fuel and generation expenses.

PR

50 San Miguel, 

Jorge

10/14/21 1.1 620.00 $ 682.00 $ Review and revise draft agenda for the 10/15/21 bi-weekly mediation call on 

financial, operational and transformation initiatives.

PR

Exhibit C

November 29, 2021 / #PR00052 22 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 61 of 229
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 10/14/21 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) regarding cash flow budget 

revisions based on information from AAFAF and PREPA budgeting priorities.

Not in PR

50 Smith, James 10/14/21 1.5 750.00 $ 1,125.00 $ Prepare fleet status report for distribution to creditors for the 10/15/21 bi-weekly 

mediation call.

Not in PR

2 Keys, Jamie 10/14/21 1.4 330.00 $ 462.00 $ Revise the October 2021 cash flow budget per inputs provided by P. Crisalli 

(ACG).

Not in PR

40 San Miguel, 

Jorge

10/14/21 0.2 620.00 $ 124.00 $ Participate in discussion with J. Adrover (PREPA) regarding status of valuation 

process for excess vacation.

PR

50 Gil, Gerard 10/14/21 0.3 500.00 $ 150.00 $ Review and analyze PREPA Governing Board resolution and related PREPA 

supporting documentation for emergency declaration in preparation for the 

10/15/21 bi-weekly mediation call.

PR

50 Porter, Lucas 10/14/21 0.8 570.00 $ 456.00 $ Review draft meeting notes received from J. Smith (ACG) in preparation for the 

10/15/21 bi-weekly mediation call.

Not in PR

51 San Miguel, 

Jorge

10/14/21 1.0 620.00 $ 620.00 $ Participate on call with M. Marquez (WTW) and O. Chavez (PLLC) to review 

and prepare Hurricane Maria insurance claim update for week ending 10/15/21 

as requested by F. Padilla (PREPA).

PR

50 Gil, Gerard 10/15/21 0.3 500.00 $ 150.00 $ Participate in discussion with J. San Miguel (ACG) regarding final preparation 

for the bi-weekly mediation call.

PR

50 Smith, James 10/15/21 0.3 750.00 $ 225.00 $ Participate on call with J. San Miguel (ACG) and L. Porter (ACG) to review 

final updates to agenda for the bi-weekly mediation call.

Not in PR

3 Gil, Gerard 10/15/21 0.6 500.00 $ 300.00 $ Review and analyze draft response with supporting analysis of unpaid PREPA 

bond and bank debt service for updates to the FY 2022 fiscal plan.

PR

6 Porter, Lucas 10/15/21 0.4 570.00 $ 228.00 $ Participate on call with J. Roque (Luma), S. Weiss (Luma) and J. San Miguel 

(ACG) to discuss T&D service account refunding matters.

Not in PR

2 Porter, Lucas 10/15/21 0.5 570.00 $ 285.00 $ Participate on call with J. Estrada (Luma), R. Acosta (Luma), J. Keys (ACG) and 

P. Crisalli (ACG) regarding billed revenue and PROMOD forecast for the 

October 2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/15/21 0.4 570.00 $ 228.00 $ Participate on call with N. Marino (ACG) to discuss FY 2022 fiscal plan 

overview presentation for new PREPA management.

Not in PR

50 San Miguel, 

Jorge

10/15/21 0.3 620.00 $ 186.00 $ Participate on call with J. Smith (ACG) and L. Porter (ACG) to review final 

updates to agenda for the bi-weekly mediation call.

PR

6 San Miguel, 

Jorge

10/15/21 1.1 620.00 $ 682.00 $ Review T&D O&M agreement reporting obligations and responsibilities for 

discussion with N. Morales (PREPA).

PR

2 Crisalli, Paul 10/15/21 0.3 875.00 $ 262.50 $ Participate on call with E. Barbosa (PREPA) regarding diesel fuel assumptions 

included in the master payment schedule supporting the October 2021 cash flow 

budget.

Not in PR

50 Porter, Lucas 10/15/21 0.4 570.00 $ 228.00 $ Review final meeting notes from J. San Miguel (ACG) in preparation for the biweekly mediation call.

Not in PR

3 Gil, Gerard 10/15/21 0.7 500.00 $ 350.00 $ Participate in discussion with A. Figueroa (FOMB) regarding implementation of 

FY 2022 fiscal plan initiatives.

PR

3 Marino, 

Nicholas

10/15/21 1.1 495.00 $ 544.50 $ Continue revising PREPA FY 2022 fiscal plan initiatives October 2021 

implementation reporting presentation. 

Not in PR

3 Gil, Gerard 10/15/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 fiscal plan 

overview presentation for new PREPA management.

PR

50 Smith, James 10/15/21 0.5 750.00 $ 375.00 $ Update the 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

10/15/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Adrover (PREPA) regarding response to inquiry 

from L. Bauer (NR) related to 2019 audited financial statements.

PR

2 Crisalli, Paul 10/15/21 0.5 875.00 $ 437.50 $ Participate on call with J. Estrada (Luma), R. Acosta (Luma), J. Keys (ACG) and 

L. Porter (ACG) regarding billed revenue and PROMOD forecast for the 

October 2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/15/21 0.9 570.00 $ 513.00 $ Revise October report submittal for R. Zampierollo (PREPA) for FY 2022 fiscal 

plan reporting.

Not in PR

50 Smith, James 10/15/21 0.7 750.00 $ 525.00 $ Review open items and provide updated materials to J. San Miguel (ACG) prior 

to the bi-weekly mediation call.

Not in PR

2 Keys, Jamie 10/15/21 0.3 330.00 $ 99.00 $ Review the insurance proceeds schedule provided by J. Parsons (Claro) for use 

in the October 2021 cash flow budget.

Not in PR

50 Porter, Lucas 10/15/21 0.4 570.00 $ 228.00 $ Participate on the bi-weekly mediation call. Not in PR

6 San Miguel, 

Jorge

10/15/21 0.4 620.00 $ 248.00 $ Participate on call with J. Roque (Luma), S. Weiss (Luma) and L. Porter (ACG) 

to discuss T&D service account refunding matters.

PR

40 Sabbe, Angela 10/15/21 1.8 570.00 $ 1,026.00 $ Prepare final update to analyses and report on potential excess vacation liability. Not in PR

2 Crisalli, Paul 10/15/21 0.3 875.00 $ 262.50 $ Participate on call with J. Keys (ACG), K. Kostyk (Luma) and L. Galan (Luma) 

regarding status-up of GridCo related open items for the October 2021 cash flow 

budget.

Not in PR

40 San Miguel, 

Jorge

10/15/21 0.8 620.00 $ 496.00 $ Review and provide comments to the revised draft valuation report on potential 

liability for excess vacation.

PR

50 Porter, Lucas 10/15/21 0.7 570.00 $ 399.00 $ Revise draft meeting notes from J. Smith (ACG) to include comments on budget 

variances in preparation for the bi-weekly mediation call.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 23 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 62 of 229
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

10/15/21 0.4 495.00 $ 198.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan 

overview presentation for new PREPA management.

Not in PR

2 Keys, Jamie 10/15/21 0.7 330.00 $ 231.00 $ Review the notice related to expected Hurricane Maria insurance proceeds 

provided by S. Guilbert (McGuire Woods) to determine amounts to be included 

in the October 2021 cash flow budget.

Not in PR

51 Chavez, 

Ottmar

10/15/21 1.0 250.00 $ 250.00 $ Participate in PREPA insurance meeting with M. Marquez (WTW) and J. 

Parsons (Claro) to provide Hurricane Maria and earthquake update to K. Diaz 

(PREPA).

PR

50 San Miguel, 

Jorge

10/15/21 0.2 620.00 $ 124.00 $ Consider responses to RFI from creditor stakeholder representatives related to 

regulatory and financial issues.

PR

2 Keys, Jamie 10/15/21 0.5 330.00 $ 165.00 $ Participate on call with J. Roque (Luma) and P. Crisalli (ACG) regarding 

GridCo cash flow-related items for the October 2021 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

10/15/21 0.2 620.00 $ 124.00 $ Participate on call with J. Adrover (PREPA) to discuss response to inquiry from 

L. Bauer (NR) regarding updates on historic financial information and 

operational data.

PR

25 Parker, 

Christine

10/15/21 2.3 200.00 $ 460.00 $ Review time descriptions to the Ankura October 2021 monthly fee statement for 

information currently assembled.

Not in PR

2 Crisalli, Paul 10/15/21 0.7 875.00 $ 612.50 $ Develop analysis of historic generation, consumption and billed revenue trends 

to inform October 2021 cash flow forecast.

Not in PR

40 San Miguel, 

Jorge

10/15/21 0.9 620.00 $ 558.00 $ Participate on call with A. Sabbe (ACG) and S. Carr (ACG) to discuss final 

edits and comments to draft report on valuation of excess vacation for 

submission to counsel and client.

PR

3 Porter, Lucas 10/15/21 0.6 570.00 $ 342.00 $ Review latest draft October report from N. Marino (ACG) requested by R. 

Zampierollo (PREPA) for submittal to FOMB required by FY 2022 fiscal plan.

Not in PR

40 Carr, Scott 10/15/21 0.2 615.00 $ 123.00 $ Participate on call with A. Sabbe (ACG) to incorporate final edits to Ankura's 

report on PREPA excess vacation time liability. 

Not in PR

2 Crisalli, Paul 10/15/21 0.4 875.00 $ 350.00 $ Participate on calls with L. Porter (ACG) to discuss the billed revenue and 

PROMOD forecast for the October 2021 cash flow budget.

Not in PR

50 Crisalli, Paul 10/15/21 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding creditor RFI on 

regulatory and financial issues.

Not in PR

40 Bailey, Nate 10/15/21 3.6 380.00 $ 1,368.00 $ Update analysis and report with latest findings on potential excess vacation 

liability.

Not in PR

3 Porter, Lucas 10/15/21 1.0 570.00 $ 570.00 $ Revise latest draft FY 2022 fiscal plan overview presentation from N. Marino 

(ACG) for meetings with new members of PREPA management team.

Not in PR

3 Keys, Jamie 10/15/21 0.9 330.00 $ 297.00 $ Review the revised August J28 report for use in preparing a summary for 

AAFAF.

Not in PR

2 Keys, Jamie 10/15/21 2.7 330.00 $ 891.00 $ Prepare the October 2021 cash flow budget per inputs provided by P. Crisalli 

(ACG).

Not in PR

50 Porter, Lucas 10/15/21 0.2 570.00 $ 114.00 $ Prepare responses to questions from J. San Miguel (ACG) for the bi-weekly 

mediation call.

Not in PR

50 San Miguel, 

Jorge

10/15/21 1.5 620.00 $ 930.00 $ Review PREPA emergency declaration documents, budgeting updates and 

operational status reports in preparation for the bi-weekly mediation call.

PR

3 Marino, 

Nicholas

10/15/21 0.6 495.00 $ 297.00 $ Review the latest PREPA FY 2022 fiscal plan projections overview presentation 

for the PREPA Board of Directors ahead of potential presentation to Luma 

CEO.

Not in PR

60 Costa, Lindsey 10/15/21 1.0 460.00 $ 460.00 $ Conduct initial review of the 2021 PREPA Interest Rate SWAP valuation model 

and provide comments to J. Dirlam (ACG).

Not in PR

40 San Miguel, 

Jorge

10/15/21 0.3 620.00 $ 186.00 $ Review and discuss comments received from M. DiConza (OMM) to valuation 

report and next steps to finalize draft for submittal to client.

PR

2 Porter, Lucas 10/15/21 0.4 570.00 $ 228.00 $ Participate on calls with P. Crisalli (ACG) to discuss the billed revenue and 

PROMOD forecast for the October 2021 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

10/15/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Gil (ACG) regarding final preparation for the 

bi-weekly mediation call.

PR

50 Porter, Lucas 10/15/21 0.3 570.00 $ 171.00 $ Participate on call with J. Smith (ACG) and J. San Miguel (ACG) to review 

final updates to agenda for the bi-weekly mediation call.

Not in PR

50 Gil, Gerard 10/15/21 0.4 500.00 $ 200.00 $ Participate on the bi-weekly mediation call. PR

6 Gil, Gerard 10/15/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss status of T&D account 

funding for the transformation transaction.

PR

50 San Miguel, 

Jorge

10/15/21 0.4 620.00 $ 248.00 $ Participate on the bi-weekly mediation call. PR

3 Gil, Gerard 10/15/21 1.3 500.00 $ 650.00 $ Review and provide input on latest draft FY 2022 fiscal plan overview 

presentation from N. Marino (ACG) for meetings with new members of PREPA 

management team.

PR

40 Sabbe, Angela 10/15/21 0.2 570.00 $ 114.00 $ Participate on call with S. Carr (ACG) to incorporate final edits to Ankura's 

report on PREPA excess vacation time liability. 

Not in PR

2 Keys, Jamie 10/15/21 0.3 330.00 $ 99.00 $ Update the October 2021 cash flow budget per revised collections provided by 

P. Crisalli (ACG).

Not in PR

2 Crisalli, Paul 10/15/21 1.6 875.00 $ 1,400.00 $ Develop diesel fuel assumptions and summary outputs for the October 2021 

cash flow budget and distribute to J. Keys (ACG).

Not in PR

Exhibit C

November 29, 2021 / #PR00052 24 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 63 of 229
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

10/15/21 0.5 495.00 $ 247.50 $ Review Generation Budget budget-to-actuals monthly reporting for PREPA 

Executive Director data materials received from L. Porter (ACG) related to PA 

expenditures for FY 2019 to FY 2021.

Not in PR

3 San Miguel, 

Jorge

10/15/21 0.5 620.00 $ 310.00 $ Participate in meeting with G. Gil (ACG) to discuss status of PMO/DFMO 

reorganization plan and updated contacts at PREPA based on personnel changes 

announced.

PR

40 Carr, Scott 10/15/21 2.3 615.00 $ 1,414.50 $ Review and revise Ankura's report on PREPA excess vacation liability. Not in PR

50 Crisalli, Paul 10/15/21 0.4 875.00 $ 350.00 $ Participate on the bi-weekly mediation call. Not in PR

2 Crisalli, Paul 10/15/21 1.3 875.00 $ 1,137.50 $ Develop billing and collections assumptions and summary outputs for the 

October 2021 cash flow budget for distribution to J. Keys (ACG).

Not in PR

2 Keys, Jamie 10/15/21 0.5 330.00 $ 165.00 $ Participate on call with J. Estrada (Luma), R. Acosta (Luma), P. Crisalli (ACG) 

and L. Porter (ACG) regarding billed revenue and PROMOD forecast for the 

October 2021 cash flow budget.

Not in PR

3 Gil, Gerard 10/15/21 0.5 500.00 $ 250.00 $ Participate in meeting with J. San Miguel (ACG) to discuss status of 

PMO/DFMO reorganization plan and updated contacts at PREPA based on 

personnel changes announced.

PR

3 Marino, 

Nicholas

10/15/21 0.3 495.00 $ 148.50 $ Finalize PREPA FY 2022 fiscal plan initiatives October 2021 reporting master 

working file per L. Porter (ACG) edits.

Not in PR

50 San Miguel, 

Jorge

10/15/21 0.3 620.00 $ 186.00 $ Review budget-to-actual FY 2021 report with L. Porter (ACG) for the bi-weekly 

mediation call.

PR

2 Crisalli, Paul 10/15/21 2.1 875.00 $ 1,837.50 $ Review source data for billed revenue, historic collections and accounts 

receivable to inform the October 2021 customer collections forecast.

Not in PR

3 Porter, Lucas 10/15/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss the FY 2022 fiscal plan 

overview presentation for new PREPA management.

Not in PR

40 Sabbe, Angela 10/15/21 0.9 570.00 $ 513.00 $ Participate on call with J. San Miguel (ACG) and S. Carr (ACG) to discuss final 

edits and comments to draft report on valuation of excess vacation for 

submission to counsel and client.

Not in PR

50 Crisalli, Paul 10/15/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) to review and discuss cash flow 

and financial updates for the bi-weekly mediation call.

Not in PR

50 Smith, James 10/15/21 0.4 750.00 $ 300.00 $ Participate on the bi-weekly mediation call. Not in PR

40 Carr, Scott 10/15/21 0.5 615.00 $ 307.50 $ Participate on call with A. Sabbe (ACG) and J. San Miguel (ACG) to discuss 

final edits and comments to draft report on valuation of excess vacation for 

submission to counsel and client.

Not in PR

50 Marino, 

Nicholas

10/15/21 0.4 495.00 $ 198.00 $ Participate on the bi-weekly mediation call. Not in PR

50 San Miguel, 

Jorge

10/15/21 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding creditor RFI on 

regulatory and financial issues.

PR

50 Keys, Jamie 10/15/21 0.4 330.00 $ 132.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Crisalli, Paul 10/15/21 0.2 875.00 $ 175.00 $ Prepare for the bi-weekly mediation call. Not in PR

25 Keys, Jamie 10/15/21 1.3 330.00 $ 429.00 $ Review the current draft of the Ankura September 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

50 San Miguel, 

Jorge

10/15/21 0.9 620.00 $ 558.00 $ Review and edit final draft agenda for the bi-weekly mediation call. PR

2 Keys, Jamie 10/15/21 0.3 330.00 $ 99.00 $ Participate on call with P. Crisalli (ACG), K. Kostyk (Luma) and L. Galan 

(Luma) regarding status-up of GridCo related open items for the October 2021 

cash flow budget. 

Not in PR

6 Porter, Lucas 10/15/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss status of T&D account funding 

for the transformation transaction.

Not in PR

3 Gil, Gerard 10/15/21 0.7 500.00 $ 350.00 $ Review draft October fiscal plan implementation report from N. Marino (ACG) 

requested by R. Zampierollo (PREPA) for submittal to FOMB required by FY 

2022 fiscal plan.

PR

2 Crisalli, Paul 10/15/21 0.4 875.00 $ 350.00 $ Participate on telephone call with J. Keys (ACG) and J. Parsons (Claro-partial) 

regarding updates to estimated earthquake insurance funding and transfers for 

inclusion in the October 2021 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

10/15/21 0.3 620.00 $ 186.00 $ Participate in discussion with AAFAF representatives regarding agenda for 

meeting with DOE on loan program to support renewable energy projects as part 

of PREPA's transformation.

PR

2 San Miguel, 

Jorge

10/15/21 0.3 620.00 $ 186.00 $ Analyze recent invoices related to outstanding emergency vendors provided by 

N. Morales (PREPA) for use in the October 2021 cash flow budget.

PR

2 Keys, Jamie 10/15/21 0.4 330.00 $ 132.00 $ Participate on telephone call with P. Crisalli (ACG) and J. Parsons (Claropartial) regarding updates to estimated earthquake insurance funding and 

transfers for inclusion in the October 2021 cash flow budget.

Not in PR

6 Porter, Lucas 10/15/21 0.2 570.00 $ 114.00 $ Participate on call with N. Morales (PREPA) to discuss meeting with Luma on 

T&D account funding for the transformation transaction.

Not in PR

50 San Miguel, 

Jorge

10/15/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) to review and discuss cash flow and 

financial updates for the bi-weekly mediation call.

PR

2 Crisalli, Paul 10/15/21 0.5 875.00 $ 437.50 $ Participate on call with J. Roque (Luma) and J. Keys (ACG) regarding GridCo 

cash flow-related items for the October 2021 cash flow budget.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 25 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 64 of 229
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

10/16/21 0.4 620.00 $ 248.00 $ Review and provide comments to response received from M. DiConza (OMM) 

to inquiry from N. Morales (PREPA) regarding budget and funding for 

Generation maintenance and repairs.

PR

3 Gil, Gerard 10/16/21 0.9 500.00 $ 450.00 $ Review and update the PREPA pending deliverables matrix in advance of 

discussion with the new PREPA management team for FY 2022 fiscal plan 

implementation purposes.

PR

2 Keys, Jamie 10/18/21 0.3 330.00 $ 99.00 $ Participate on call with S. Guilbert (McGuireWoods) and P. Crisalli (ACG) 

regarding Hurricane Maria-related insurance advances to inform the October 

2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/18/21 0.3 570.00 $ 171.00 $ Revise FY 2022 fiscal plan overview presentation materials based on comments 

from G. Gil (ACG) for response to J. San Miguel (ACG) for meeting with new 

PREPA management.

Not in PR

2 Keys, Jamie 10/18/21 0.5 330.00 $ 165.00 $ Participate on call with P. Crisalli (ACG), O. Chavez (PLLC) and S. Diaz (ARI) 

regarding GenCo permanent work assumptions for the October 2021 cash flow 

budget (partial).

Not in PR

2 Crisalli, Paul 10/18/21 0.3 875.00 $ 262.50 $ Participate on follow-up calls with L. Porter (ACG) regarding billed revenue 

and generation assumptions related to the October 2021 cash flow budget.

Not in PR

2 Keys, Jamie 10/18/21 0.3 330.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss peaking unit diesel 

consumption and outages and potential impact to the October 2021 cash flow 

budget.

Not in PR

3 San Miguel, 

Jorge

10/18/21 0.2 620.00 $ 124.00 $ Correspond with L. Porter (ACG) and G. Gil (ACG) regarding RFI received 

from the PREPA Board of Directors regarding fiscal plan initiatives updates.

PR

2 Crisalli, Paul 10/18/21 0.8 875.00 $ 700.00 $ Participate on call with E. Ortiz (PREPA), N. Morales (PREPA), J. San Miguel 

(ACG), J. Keys (ACG) and L. Porter (ACG) regarding GenCo and HoldCo 

assumptions related to the October 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

10/18/21 1.7 495.00 $ 841.50 $ Continue updating PREPA FY 2021 fiscal plan overtime data reporting for 

September 2021 working file.

Not in PR

2 Crisalli, Paul 10/18/21 0.5 875.00 $ 437.50 $ Participate on call with J. Keys (ACG), O. Chavez (PLLC) and S. Diaz (ARI) 

regarding GenCo permanent work assumptions for the October 2021 cash flow 

budget (partial).

Not in PR

2 Keys, Jamie 10/18/21 0.9 330.00 $ 297.00 $ Participate on call with K. Kostyk (Luma), L. Galan (Luma), D. Miller (Luma), 

J. Roque (Luma), P. Crisalli (ACG), J. San Miguel (ACG) and L. Porter (ACG) 

regarding GridCo non-fuel and purchased power operating disbursement 

assumptions for the October 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/18/21 0.4 875.00 $ 350.00 $ Review the GridCo payroll assumptions and update the related supporting 

schedules for the October 2021 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

10/18/21 1.2 620.00 $ 744.00 $ Participate in discussion with G. Gil (ACG) and L. Porter (ACG) regarding 

request from PREPA management related to fiscal plan and transformation 

initiatives, compliance and reporting RFI in preparation for meeting with client.

PR

3 San Miguel, 

Jorge

10/18/21 0.6 620.00 $ 372.00 $ Participate in discussion with PREPA management regarding status of fiscal 

plan and transformation matters in preparation for meeting to discuss reporting 

and compliance trackers.

PR

2 Keys, Jamie 10/18/21 0.8 330.00 $ 264.00 $ Participate on call with E. Ortiz (PREPA), N. Morales (PREPA), J. San Miguel 

(ACG), P. Crisalli (ACG) and L. Porter (ACG) regarding GenCo and HoldCo 

assumptions related to the October 2021 cash flow budget.

Not in PR

3 Gil, Gerard 10/18/21 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

3 San Miguel, 

Jorge

10/18/21 0.1 620.00 $ 62.00 $ Review RFI from AAFAF related to ARP funding proposal for PREPA fuel and 

maintenance expenses.

PR

2 Crisalli, Paul 10/18/21 1.1 875.00 $ 962.50 $ Revise the bunker and diesel fuel disbursement forecast assumptions included 

in the October 2021 cash flow budget.

Not in PR

3 Gil, Gerard 10/18/21 1.2 500.00 $ 600.00 $ Participate in discussion with J. San Miguel (ACG) and L. Porter (ACG) 

regarding request from PREPA management related to fiscal plan and 

transformation initiatives, compliance and reporting RFI in preparation for 

meeting with client.

PR

2 Porter, Lucas 10/18/21 0.9 570.00 $ 513.00 $ Participate on call with K. Kostyk (Luma), L. Galan (Luma), D. Miller (Luma), 

J. Roque (Luma), J. Keys (ACG), J. San Miguel (ACG) and P. Crisalli (ACG) 

regarding GridCo non-fuel and purchased power operating disbursement 

assumptions for the October 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/18/21 0.6 875.00 $ 525.00 $ Prepare for call with Luma regarding GridCo non-fuel and purchased power 

operating disbursement assumptions for the October 2021 cash flow budget.

Not in PR

2 Porter, Lucas 10/18/21 0.3 570.00 $ 171.00 $ Participate on follow-up calls with P. Crisalli (ACG) regarding billed revenue 

and generation assumptions related to the October 2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/18/21 0.9 875.00 $ 787.50 $ Participate on call with K. Kostyk (Luma), L. Galan (Luma), D. Miller (Luma), 

J. Roque (Luma), J. Keys (ACG), J. San Miguel (ACG) and L. Porter (ACG) 

regarding GridCo non-fuel and purchased power operating disbursement 

assumptions for the October 2021 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

10/18/21 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

Exhibit C

November 29, 2021 / #PR00052 26 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 65 of 229
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 Chavez, 

Ottmar

10/18/21 1.0 250.00 $ 250.00 $ Participate on call with P. Crisalli (ACG), J. Keys (ACG) and S. Diaz (ARI) 

regarding GenCo permanent work assumptions for the October 2021 cash flow 

budget.

PR

2 Crisalli, Paul 10/18/21 0.6 875.00 $ 525.00 $ Review the daily cash flow and daily bank balances provided by J. Roque 

(Luma) to inform the October 2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/18/21 0.8 570.00 $ 456.00 $ 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

10/18/21 1.8 495.00 $ 891.00 $ Continue updating PREPA FY 2021 fiscal plan overtime data reporting for July 

2021 working file.

Not in PR

3 Smith, James 10/18/21 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 (partial).

Not in PR

50 Keys, Jamie 10/18/21 0.5 330.00 $ 165.00 $ Revise the September 2021 Government accounts receivable report for review 

by P. Crisalli (ACG).

Not in PR

2 Keys, Jamie 10/18/21 0.7 330.00 $ 231.00 $ Review the latest payroll input information provided by P. Crisalli (ACG) for 

use in the October 2021 budget.

Not in PR

2 San Miguel, 

Jorge

10/18/21 0.7 620.00 $ 434.00 $ Participate on call with K. Kostyk (Luma), L. Galan (Luma), D. Miller (Luma), 

J. Roque (Luma), J. Keys (ACG), P. Crisalli (ACG) and L. Porter (ACG) 

regarding GridCo non-fuel and purchased power operating disbursement 

assumptions for the October 2021 cash flow budget (partial).

PR

2 Crisalli, Paul 10/18/21 0.3 875.00 $ 262.50 $ Participate on call with S. Guilbert (McGuireWoods) and J. Keys (ACG) 

regarding Hurricane Maria-related insurance advances to inform the October 

2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/18/21 1.1 875.00 $ 962.50 $ Participate on follow-up call with J. Estrada (Luma), R. Acosta (Luma) and L. 

Porter (ACG) regarding billed revenue and generation assumptions related to 

the October 2021 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

10/18/21 0.4 620.00 $ 248.00 $ Participate in discussion with the PREPA Board of Directors regarding request 

for information related to PREPA's fiscal plan, budgeting and financial, 

operational and transformational initiatives.

PR

3 Marino, 

Nicholas

10/18/21 0.8 495.00 $ 396.00 $ Review the PREPA FY 2022 fiscal plan overtime data reporting presentations 

for July, August and September 2021.

Not in PR

3 Gil, Gerard 10/18/21 1.1 500.00 $ 550.00 $ Review and edit draft FY 2022 fiscal plan overview presentation materials for 

meeting with new PREPA management.

PR

2 Porter, Lucas 10/18/21 0.7 570.00 $ 399.00 $ Review analysis from J. Keys (ACG) related to peaking unit diesel consumption 

and outages and potential impact to the October 2021 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

10/18/21 0.8 620.00 $ 496.00 $ Participate on call with E. Ortiz (PREPA), N. Morales (PREPA), L. Porter 

(ACG), J. Keys (ACG) and P. Crisalli (ACG) regarding GenCo and HoldCo 

assumptions related to the October 2021 cash flow budget.

PR

3 Porter, Lucas 10/18/21 0.6 570.00 $ 342.00 $ Review updated September fuel cost data from T. Rivera (Luma) to inform FY 

2022 fiscal plan reporting.

Not in PR

50 San Miguel, 

Jorge

10/18/21 0.3 620.00 $ 186.00 $ Review update report from PREPA on Tranche 1 and Tranche 2 renewable 

energy project status to inform discussion with J. Smith (ACG) and update to 

creditors during the next bi-weekly mediation call.

PR

2 Porter, Lucas 10/18/21 0.2 570.00 $ 114.00 $ Participate on call with J. Estrada (Luma), R. Acosta (Luma) and P. Crisalli 

(ACG) regarding billed revenue and generation assumptions related to the 

October 2021 cash flow budget.

Not in PR

3 Crisalli, Paul 10/18/21 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 (partial).

Not in PR

2 Porter, Lucas 10/18/21 1.1 570.00 $ 627.00 $ Participate on follow-up call with J. Estrada (Luma), R. Acosta (Luma) and P. 

Crisalli (ACG) regarding billed revenue and generation assumptions related to 

the October 2021 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

10/18/21 0.2 620.00 $ 124.00 $ Review update provided by M. DiConza (OMM) on emergency vendor related 

matters to inform October 2021 cash flow budget revisions.

PR

2 Crisalli, Paul 10/18/21 0.4 875.00 $ 350.00 $ Review final AES and EcoElectrica September 2021 invoices and update 

support schedule to the October 2021 cash flow budget regarding the same.

Not in PR

3 Porter, Lucas 10/18/21 0.4 570.00 $ 228.00 $ Participate on calls with G. Gil (ACG) to revise FY 2022 fiscal plan overview 

presentation materials to inform response to request received from J. San Miguel 

(ACG) regarding meeting with new PREPA management.

Not in PR

2 Crisalli, Paul 10/18/21 0.4 875.00 $ 350.00 $ Review the GridCo federally funded permanent work assumptions for the 

October 2021 cash flow budget and develop related questions and open items 

regarding the same.

Not in PR

2 Crisalli, Paul 10/18/21 1.0 875.00 $ 875.00 $ Review revised billed revenue information provided Luma and update related 

customer collections forecast for the October 2021 cash flow budget.

Not in PR

3 Gil, Gerard 10/18/21 0.5 500.00 $ 250.00 $ Review PREPA matrix on current workstreams and next steps to inform 

discussions with PREPA management on FY 2022 fiscal plan implementation.

PR

2 Crisalli, Paul 10/18/21 0.2 875.00 $ 175.00 $ Participate on call with J. Estrada (Luma), R. Acosta (Luma) and L. Porter 

(ACG) regarding billed revenue and generation assumptions related to the 

October 2021 cash flow budget.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 27 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 66 of 229
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 10/18/21 1.2 570.00 $ 684.00 $ Participate in discussion with G. Gil (ACG) and J. San Miguel (ACG) regarding 

request from PREPA management related to fiscal plan and transformation 

initiatives, compliance and reporting RFI in preparation for meeting with client.

Not in PR

50 San Miguel, 

Jorge

10/18/21 0.2 620.00 $ 124.00 $ Follow-up with creditor stakeholder representative on RFI related to PREPA 

financial reports.

PR

2 Porter, Lucas 10/18/21 0.3 570.00 $ 171.00 $ Participate on call with J. Keys (ACG) to discuss peaking unit diesel 

consumption and outages and potential impact to the October 2021 cash flow 

budget.

Not in PR

2 Keys, Jamie 10/18/21 0.9 330.00 $ 297.00 $ Prepare analysis of PREPA's accounts payable aging to inform the 

disbursements assumptions included in the October 2021 budget.

Not in PR

3 Keys, Jamie 10/18/21 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

2 Crisalli, Paul 10/18/21 1.4 875.00 $ 1,225.00 $ Review the GridCo other operating expense assumptions and update the related 

supporting schedules for the October 2021 cash flow budget regarding the same.

Not in PR

3 Marino, 

Nicholas

10/18/21 0.8 495.00 $ 396.00 $ 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 10/18/21 2.5 330.00 $ 825.00 $ Update the peaking unit analysis for August and September J28 reports for use 

in FY 2022 fiscal plan implementation and reporting.

Not in PR

2 Crisalli, Paul 10/18/21 0.7 875.00 $ 612.50 $ Review the revised master payment schedule provided by the PREPA Fuel's 

office to inform the October 2021 cash flow budget.

Not in PR

6 San Miguel, 

Jorge

10/18/21 0.5 620.00 $ 310.00 $ Review revised draft GridCo-GenCo Operating Agreement provided by P3 

Authority and proposed base revenue allocation process described by P3 

Authority counsel to inform budgeting and transaction comments to PREPA 

management.

PR

2 Porter, Lucas 10/18/21 0.8 570.00 $ 456.00 $ Participate on call with E. Ortiz (PREPA), N. Morales (PREPA), J. San Miguel 

(ACG), J. Keys (ACG) and P. Crisalli (ACG) regarding GenCo and HoldCo 

assumptions related to the October 2021 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

10/18/21 0.5 620.00 $ 310.00 $ Prepare initial comments to draft report on ARP funding eligibility for PREPA 

fuel and maintenance expenses to inform response to AAFAF.

PR

3 Marino, 

Nicholas

10/18/21 1.8 495.00 $ 891.00 $ Continue updating PREPA FY 2021 fiscal plan overtime data reporting for 

August 2021 working file.

Not in PR

3 Gil, Gerard 10/18/21 0.4 500.00 $ 200.00 $ Participate on calls with L. Porter (ACG) to revise FY 2022 fiscal plan overview 

presentation materials to inform response to request received from J. San Miguel 

(ACG) regarding meeting with new PREPA management.

PR

3 Porter, Lucas 10/18/21 0.5 570.00 $ 285.00 $ Develop FY 2022 fiscal plan overview presentation materials for response to J. 

San Miguel (ACG) for meeting with new PREPA management.

Not in PR

2 Keys, Jamie 10/19/21 0.8 330.00 $ 264.00 $ Review the latest fuel and purchased power input information provided by P. 

Crisalli (ACG) for use in the October 2021 budget.

Not in PR

2 Keys, Jamie 10/19/21 0.4 330.00 $ 132.00 $ Review the latest Other Accounts Payable information provided by P. Crisalli 

(ACG) for use in the October 2021 budget.

Not in PR

3 San Miguel, 

Jorge

10/19/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding RFI received from N. 

Morales (PREPA) related to Generation budget matters. 

PR

2 Crisalli, Paul 10/19/21 0.5 875.00 $ 437.50 $ Participate on call with G. Gil (ACG) and representatives of AAFAF to discuss 

PREPA fuel and purchased power-related costs and revenue associated with the 

latest PREB order (partial).

Not in PR

3 Marino, 

Nicholas

10/19/21 1.9 495.00 $ 940.50 $ Begin updating the PREPA FY 2022 fiscal plan projections overview 

presentation ahead of meeting with new PREPA Executive Director per G. Gil 

and L. Porter (ACG) comments.

Not in PR

3 San Miguel, 

Jorge

10/19/21 0.8 620.00 $ 496.00 $ Review generation budget data for O&M and NME since 2010 to inform 

response to RFI from N. Morales (PREPA).

PR

2 Keys, Jamie 10/19/21 0.2 330.00 $ 66.00 $ Review vendor payments for reclassification to permanent work repairs in the 

weekly cash flow forecast.

Not in PR

3 San Miguel, 

Jorge

10/19/21 1.5 620.00 $ 930.00 $ Participate in meeting with AAFAF representatives to discuss fiscal plan 

transformation initiatives and budgeting matters related to generation O&M and 

NME expenses.

PR

2 Keys, Jamie 10/19/21 0.6 330.00 $ 198.00 $ Review the latest professional and legal services input information provided by 

P. Crisalli (ACG) for use in the October 2021 budget.

Not in PR

3 Gil, Gerard 10/19/21 0.6 500.00 $ 300.00 $ Review updated FY 2022 fiscal plan overview presentation materials for 

meeting with new PREPA management.

PR

2 Keys, Jamie 10/19/21 0.4 330.00 $ 132.00 $ Review the latest Christmas bonus and expected employee disbursement 

information provided by N. Morales (PREPA) for use in the October 2021 

budget.

Not in PR

3 Gil, Gerard 10/19/21 0.4 500.00 $ 200.00 $ Review the budget-to-actuals analysis from L. Porter (ACG) per N. Morales 

(PREPA) request.

PR

2 Crisalli, Paul 10/19/21 0.1 875.00 $ 87.50 $ Participate on call with E. Ortiz (PREPA) regarding open items related to the 

October 2021 cash flow budget.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 28 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 67 of 229
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 10/19/21 0.5 570.00 $ 285.00 $ Prepare responding information from the latest PREB order for AAFAF related 

to liquidity impacts of fuel and purchased power revenues and related costs.

Not in PR

3 Gil, Gerard 10/19/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding RFI received from 

N. Morales (PREPA) related to Generation budget matters. 

PR

3 Marino, 

Nicholas

10/19/21 0.9 495.00 $ 445.50 $ Review Generation Budget B2A Monthly Reporting materials received from L. 

Porter (ACG) related to FY 2019 to FY 2021 PA expenditures.

Not in PR

3 San Miguel, 

Jorge

10/19/21 0.9 620.00 $ 558.00 $ Participate on call with L. Porter (ACG) and G. Gil (ACG) to discuss the RFI 

received from N. Morales (PREPA) related to FY 2022 and prior year budget 

variances.

PR

3 Porter, Lucas 10/19/21 0.4 570.00 $ 228.00 $ Prepare and send supporting materials to N. Marino (ACG) for FY 2022 fiscal 

plan overview presentation update.

Not in PR

2 Keys, Jamie 10/19/21 0.4 330.00 $ 132.00 $ Review the latest collections information provided by P. Crisalli (ACG) for use 

in the October 2021 budget.

Not in PR

2 Crisalli, Paul 10/19/21 0.5 875.00 $ 437.50 $ Participate on call with J. San Miguel (ACG) regarding open items and related 

work plan associated with the October 2021 cash flow budget.

Not in PR

3 Marino, 

Nicholas

10/19/21 0.6 495.00 $ 297.00 $ Review Generation Budget B2A Monthly Reporting materials received from L. 

Porter (ACG) related to FY 2017 to FY 2021 KOE's.

Not in PR

2 Gil, Gerard 10/19/21 0.6 500.00 $ 300.00 $ Participate on call with P. Crisalli (ACG) and representatives of AAFAF to 

discuss PREPA fuel and purchased power-related costs and revenue associated 

with the latest PREB order.

PR

2 Crisalli, Paul 10/19/21 0.3 875.00 $ 262.50 $ Participate on calls with L. Porter (ACG) to discuss liquidity impacts from 

PREB order on PREPA fuel and purchased power revenues and related 

collections.

Not in PR

3 Gil, Gerard 10/19/21 0.9 500.00 $ 450.00 $ Participate on call with J. San Miguel (ACG) and L. Porter (ACG) to discuss the 

RFI received from N. Morales (PREPA) related to FY 2022 and prior year 

budget variances.

PR

3 Porter, Lucas 10/19/21 0.8 570.00 $ 456.00 $ Prepare draft data request for G. Sanchez (PREPA), C. Rodriguez (PREPA), 

and L. Matias (PREPA) related to FY 2021 and prior year budget and actual 

financial data. 

Not in PR

3 Crisalli, Paul 10/19/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) to discuss generation and fuel 

expense information requested by AAFAF.

Not in PR

25 Parker, 

Christine

10/19/21 1.4 200.00 $ 280.00 $ Update Exhibits A, B and C of the Ankura October 2021 monthly fee statement 

for information currently available.

Not in PR

3 Gil, Gerard 10/19/21 1.5 500.00 $ 750.00 $ Participate in meeting with AAFAF representatives to discuss status of PREPA 

FY 2022 fiscal plan implementation and debt restructuring.

PR

2 Crisalli, Paul 10/19/21 0.6 875.00 $ 525.00 $ Participate on call with L. Porter (ACG) and representatives of AAFAF to 

discuss PREPA fuel and purchased power-related costs and revenue associated 

with the latest PREB order.

Not in PR

2 Crisalli, Paul 10/19/21 0.9 875.00 $ 787.50 $ Review the draft October 2021 cash flow budget outputs and provide comments 

to J. Keys (ACG).

Not in PR

3 Porter, Lucas 10/19/21 1.2 570.00 $ 684.00 $ Develop analysis of FY 2021 and FY 2022 fuel cost projections and actual 

financial results from J. Estrada (Luma) and T. Rivera (Luma) to inform 

reporting to FOMB required by FY 2022 fiscal plan.

Not in PR

3 San Miguel, 

Jorge

10/19/21 1.7 620.00 $ 1,054.00 $ Review and comment on draft memorandum for ARPA and CSFRF 

applicability to PREPA generation maintenance budget matters.

PR

6 Gil, Gerard 10/19/21 1.3 500.00 $ 650.00 $ Participate in meeting with Citi representatives to discuss T&D and P3 

Authority generation transformation transaction related workstreams and next 

steps.

PR

3 Porter, Lucas 10/19/21 0.2 570.00 $ 114.00 $ Prepare and send FY 2022 budget data to J. San Miguel (ACG) for review 

related to a RFI from AAFAF.

Not in PR

2 Porter, Lucas 10/19/21 0.3 570.00 $ 171.00 $ Participate on calls with P. Crisalli (ACG) to discuss liquidity impacts from 

PREB order on PREPA fuel and purchased power revenues and related 

collections.

Not in PR

3 San Miguel, 

Jorge

10/19/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) to discuss generation and fuel expense 

information requested by AAFAF.

PR

2 Crisalli, Paul 10/19/21 0.8 875.00 $ 700.00 $ Review and revise the GenCo and HoldCo payroll and professional services 

forecast assumptions for the October 2021 cash flow budget based on revised 

information provided by PREPA.

Not in PR

2 Crisalli, Paul 10/19/21 0.7 875.00 $ 612.50 $ Review the current accounts payable aging report and update the fleet and 

storage and renewables supporting schedule to the October 2021 cash flow 

budget.

Not in PR

50 Crisalli, Paul 10/19/21 0.6 875.00 $ 525.00 $ Review the revised Government accounts receivable aging report for September 

2021 and provide comments to J. Keys (ACG).

Not in PR

2 Crisalli, Paul 10/19/21 0.8 875.00 $ 700.00 $ Participate on call with J. Keys (ACG) and L. Porter (ACG) to discuss peaking 

unit diesel consumption and outages and potential impact to the October 2021 

cash flow budget.

Not in PR

2 Keys, Jamie 10/19/21 0.7 330.00 $ 231.00 $ Update the October 2021 cash flow budget per revised inputs provided by P. 

Crisalli (ACG).

Not in PR

Exhibit C

November 29, 2021 / #PR00052 29 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 68 of 229
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

10/19/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) to discuss RFI from J. Colon 

(PREPA) related to generation budget matters.

PR

2 Crisalli, Paul 10/19/21 0.3 875.00 $ 262.50 $ Correspond with Luma regarding open items related to the October 2021 cash 

flow budget.

Not in PR

2 Porter, Lucas 10/19/21 0.6 570.00 $ 342.00 $ Participate on call with P. Crisalli (ACG) and representatives of AAFAF to 

discuss PREPA fuel and purchased power-related costs and revenue associated 

with the latest PREB order.

Not in PR

2 Porter, Lucas 10/19/21 0.4 570.00 $ 228.00 $ Review invoices provided by P. Crisalli (ACG) related to fuel and purchased 

power costs for October 2021 cash flow budget.

Not in PR

25 Keys, Jamie 10/19/21 3.0 330.00 $ 990.00 $ Review the current draft of the Ankura September 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

2 Crisalli, Paul 10/19/21 0.6 875.00 $ 525.00 $ Participate on call with representatives of AAFAF to discuss PREPA fuel costs. Not in PR

3 Porter, Lucas 10/19/21 0.5 570.00 $ 285.00 $ Revise narrative in FY 2022 fiscal plan overview presentation materials for 

comments provided by J. San Miguel (ACG) for meeting with new PREPA 

management.

Not in PR

40 Sabbe, Angela 10/19/21 1.5 570.00 $ 855.00 $ Perform quality review of supporting documentation for Ankura's report on 

excess vacation liability.

Not in PR

2 Keys, Jamie 10/19/21 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding expected payments to 

permanent work vendors for use in the October 2021 cash flow budget.

Not in PR

2 Keys, Jamie 10/19/21 0.4 330.00 $ 132.00 $ Review vendor payments for reclassification to permanent work repairs in the 

cash flow.

Not in PR

2 Crisalli, Paul 10/19/21 0.4 875.00 $ 350.00 $ Follow-up correspondence with Luma and PREPA regarding open items related 

to the October 2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/19/21 2.1 570.00 $ 1,197.00 $ Analyze available financial data for response to N. Morales (PREPA) related to 

FY 2022 and prior year budget variances.

Not in PR

2 Porter, Lucas 10/19/21 0.8 570.00 $ 456.00 $ Participate on call with J. Keys (ACG) and P. Crisalli (ACG) to discuss peaking 

unit diesel consumption and outages and potential impact to the October 2021 

cash flow budget.

Not in PR

2 Gil, Gerard 10/19/21 2.1 500.00 $ 1,050.00 $ Review PREB resolutions on fuel adjustment and prepare changes to draft 

request memorandum to AAFAF for the use of federal funds to offset increased 

fuel expenses.

PR

2 Crisalli, Paul 10/19/21 0.6 875.00 $ 525.00 $ Revise the cash flow liquidly report and bank balance templates for the October 

2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/19/21 0.7 875.00 $ 612.50 $ Update the monthly cash flow analysis for September 2021 actuals to inform 

cash flow reporting to AAFAF.

Not in PR

50 Marino, 

Nicholas

10/19/21 1.3 495.00 $ 643.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/5/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 10/19/21 0.7 875.00 $ 612.50 $ Review the 9/30/21 PREB resolution and order and other related supporting 

documents to inform the October 2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/19/21 0.9 570.00 $ 513.00 $ Participate on call with J. San Miguel (ACG) and G. Gil (ACG) to discuss the 

RFI received from N. Morales (PREPA) related to FY 2022 and prior year 

budget variances.

Not in PR

2 Keys, Jamie 10/19/21 0.8 330.00 $ 264.00 $ Participate on call with P. Crisalli (ACG) regarding assumptions and draft 

outputs related to the October 2021 cash flow budget.

Not in PR

2 Keys, Jamie 10/19/21 0.8 330.00 $ 264.00 $ Participate on call with P. Crisalli (ACG) and L. Porter (ACG) to discuss 

peaking unit diesel consumption and outages and potential impact to the 

October 2021 cash flow budget.

Not in PR

2 Porter, Lucas 10/19/21 1.0 570.00 $ 570.00 $ Review PREPA fuel and purchased power related revenue and costs associated 

with the latest PREB order to inform discussions with P. Crisalli (ACG).

Not in PR

3 Marino, 

Nicholas

10/19/21 1.5 495.00 $ 742.50 $ Continue updating the PREPA FY 2022 fiscal plan projections overview 

presentation ahead of meeting with new PREPA Executive Director per G. Gil 

and L. Porter (ACG) comments.

Not in PR

2 San Miguel, 

Jorge

10/19/21 0.5 620.00 $ 310.00 $ Participate on call with P. Crisalli (ACG) regarding open items and related work 

plan associated with the October 2021 cash flow budget.

PR

2 Crisalli, Paul 10/19/21 0.8 875.00 $ 700.00 $ Participate on call with J. Keys (ACG) regarding assumptions and draft outputs 

related to the October 2021 cash flow budget.

Not in PR

50 Keys, Jamie 10/19/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the monthly 

accounts receivable reports.

Not in PR

2 Crisalli, Paul 10/19/21 0.3 875.00 $ 262.50 $ Review the daily Government collections report to inform the October 2021 

cash flow budget.

Not in PR

3 Porter, Lucas 10/19/21 0.7 570.00 $ 399.00 $ Revise the FY 2022 fiscal plan overview presentation materials based on 

comments from J. Smith (ACG) for meeting with new PREPA management.

Not in PR

3 Smith, James 10/19/21 1.2 750.00 $ 900.00 $ Review the FY 2022 fiscal plan overview presentation and provide comments to 

G. Gil (ACG) and L. Porter (ACG).

Not in PR

3 Porter, Lucas 10/19/21 0.3 570.00 $ 171.00 $ Prepare and send additional data related to the latest PREB order to AAFAF 

related to liquidity impacts of fuel and purchased power revenues and related 

costs.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 30 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 69 of 229
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 10/20/21 0.2 570.00 $ 114.00 $ Correspond with J. San Miguel (ACG) regarding data required for response to 

N. Morales (PREPA) related to FY 2022 and prior year budget variances.

Not in PR

3 Marino, 

Nicholas

10/20/21 1.8 495.00 $ 891.00 $ Continue updating the PREPA FY 2022 fiscal plan projections overview 

presentation ahead of meeting with new PREPA Executive Director per G. Gil 

(ACG) and L. Porter (ACG) comments.

Not in PR

40 Sabbe, Angela 10/20/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) regarding status of valuation 

report on vacation claim in advance of discussion with J. Adrover (PREPA).

Not in PR

3 San Miguel, 

Jorge

10/20/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding comments to 

presentations requested by N. Morales (PREPA) related to fiscal plan, 

generation budget and transformation reporting initiatives.

PR

3 San Miguel, 

Jorge

10/20/21 0.1 620.00 $ 62.00 $ Participate on call with F. Santos (PREPA) to review and discuss takeaways and 

next steps regarding US DOE LPO meeting and renewable energy procurement 

process.

PR

3 Porter, Lucas 10/20/21 0.5 570.00 $ 285.00 $ Revise presentation materials based on comments from J. San Miguel (ACG) for 

N. Morales (PREPA) and J. Colon (PREPA) meetings with FOMB.

Not in PR

3 San Miguel, 

Jorge

10/20/21 0.7 620.00 $ 434.00 $ Review generation budget data provided by N. Morales (PREPA) in preparation 

for meeting to discuss response to RFI from J. Colon (PREPA).

PR

3 Marino, 

Nicholas

10/20/21 0.5 495.00 $ 247.50 $ Aggregate PREPA FY 2022 fiscal plan monthly reporting initiatives and latest 

project summary status per R. Zampierollo (PREPA) request.

Not in PR

3 Porter, Lucas 10/20/21 0.3 570.00 $ 171.00 $ Correspond with J. San Miguel (ACG) regarding data required to inform 

response to N. Morales (PREPA) related to FY 2022 and prior year budget 

variances.

Not in PR

50 Crisalli, Paul 10/20/21 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

40 San Miguel, 

Jorge

10/20/21 0.3 620.00 $ 186.00 $ Participate in meeting with M. DiConza (OMM) and A. Sabbe (ACG) to discuss 

comments received from J. Adrover (PREPA) to draft valuation.

PR

2 Crisalli, Paul 10/20/21 0.5 875.00 $ 437.50 $ Update draft presentation materials for the October 2021 cash flow budget for 

distribution to Luma and PREPA.

Not in PR

3 Porter, Lucas 10/20/21 1.6 570.00 $ 912.00 $ Revise analysis of FY 2021 and FY 2022 fuel cost projections and actual 

financial results from J. Estrada (Luma) and T. Rivera (Luma) to inform 

reporting to the FOMB on liquidity as required by the FY 2022 fiscal plan.

Not in PR

50 Keys, Jamie 10/20/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

3 Porter, Lucas 10/20/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss data to inform response to N. 

Morales (PREPA) related to FY 2022 and prior year budget variances.

Not in PR

25 Parker, 

Christine

10/20/21 2.3 200.00 $ 460.00 $ Review time descriptions to the Ankura October 2021 monthly fee statement for 

information currently assembled.

Not in PR

3 Porter, Lucas 10/20/21 0.9 570.00 $ 513.00 $ Revise FY 2022 fiscal plan overview presentation materials for J. San Miguel 

(ACG) in preparation for meeting with J. Colon (PREPA) and the FOMB.

Not in PR

25 Keys, Jamie 10/20/21 2.3 330.00 $ 759.00 $ Review the current draft of the Ankura September 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

3 Gil, Gerard 10/20/21 0.4 500.00 $ 200.00 $ Participate on call with J. San Miguel (ACG) and L. Porter (ACG) to discuss 

draft responding materials for N. Morales (PREPA) related to FY 2022 and 

prior year budget variances.

PR

50 Keys, Jamie 10/20/21 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

3 Porter, Lucas 10/20/21 0.3 570.00 $ 171.00 $ Finalize and submit data request for G. Sanchez (PREPA), C. Rodriguez 

(PREPA) and L. Matias (PREPA) related to FY 2021 and prior year budget and 

actual financial data. 

Not in PR

2 Keys, Jamie 10/20/21 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

50 Crisalli, Paul 10/20/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

6 Gil, Gerard 10/20/21 0.3 500.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) to discuss procedural schedule of 

the P3 Authority generation transformation transaction meeting with proponents 

and P3 Authority advisors and next steps.

PR

6 Gil, Gerard 10/20/21 3.8 500.00 $ 1,900.00 $ Attend meeting with F. Fontanes (P3A), I. Pérez (P3A), J. Cochrane (FTI), T. 

Pietrantoni (PMA), C. Kordula (CGSH), F. Chapados (Citi), S. Rodriguez 

(P3A), M. Rodríguez (PMA) and a proponent for the P3 Authority generation 

transformation transaction to discuss due diligence items and matters pertaining 

to the O&M agreement.

PR

3 Porter, Lucas 10/20/21 0.4 570.00 $ 228.00 $ Participate on call with J. San Miguel (ACG) and G. Gil (ACG) to discuss draft 

responding materials for N. Morales (PREPA) related to FY 2022 and prior year 

budget variances.

Not in PR

50 Keys, Jamie 10/20/21 1.0 330.00 $ 330.00 $ Prepare the weekly FEMA flash report for the week ended 10/15/21 for review 

by P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 10/20/21 1.8 570.00 $ 1,026.00 $ Revise analysis of financial data for response to N. Morales (PREPA) related to 

FY 2022 and prior year budget variances.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 31 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 70 of 229
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 10/20/21 0.9 570.00 $ 513.00 $ Continue to perform quality review of supporting documentation for Ankura's 

report on excess vacation liability.

Not in PR

2 Keys, Jamie 10/20/21 0.9 330.00 $ 297.00 $ Prepare the monthly PREPA bank balance report per request from R. Lopez 

(CM).

Not in PR

3 Porter, Lucas 10/20/21 0.7 570.00 $ 399.00 $ Participate on call with J. San Miguel (ACG) to discuss revisions requested by 

N. Morales (PREPA) related to FY 2022 budget variance presentation materials 

for meeting with the PREPA Executive Director.

Not in PR

40 San Miguel, 

Jorge

10/20/21 0.3 620.00 $ 186.00 $ Participate in discussion with A. Sabbe (ACG) regarding status of valuation 

report on vacation claim in advance of discussion with J. Adrover (PREPA).

PR

3 San Miguel, 

Jorge

10/20/21 0.6 620.00 $ 372.00 $ Review and comment on summary FY 2021 fiscal plan materials provided by N. 

Marino (ACG) to inform discussions with M. Zapata (PREPA) and J. Colon 

(PREPA).

PR

50 Keys, Jamie 10/20/21 0.5 330.00 $ 165.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

50 Smith, James 10/20/21 0.6 750.00 $ 450.00 $ 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

10/20/21 0.5 620.00 $ 310.00 $ Review draft presentation on PREPA generation budget variance analysis for 

FY 2009-2021 requested by N. Morales (PREPA) for meeting with FOMB.

PR

3 Marino, 

Nicholas

10/20/21 1.1 495.00 $ 544.50 $ Create the PREPA Fiscal Plan section of the Executive Summary presentation 

per J. San Miguel (ACG) request for discussion with PREPA management.

Not in PR

3 San Miguel, 

Jorge

10/20/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) regarding fiscal plan matters in 

preparation for 10/21/21 meeting with the FOMB.

PR

2 Crisalli, Paul 10/20/21 1.4 875.00 $ 1,225.00 $ Develop presentation materials related to the current draft of the October 2021 

cash flow budget for N. Morales (PREPA).

Not in PR

40 San Miguel, 

Jorge

10/20/21 0.2 620.00 $ 124.00 $ Review comments from J. Adrover (PREPA) related to valuation report on 

excess vacation.

PR

2 San Miguel, 

Jorge

10/20/21 0.2 620.00 $ 124.00 $ Correspond with P. Crisalli (ACG) regarding draft presentation materials related 

to the October 2021 cash flow budget.

PR

3 San Miguel, 

Jorge

10/20/21 0.4 620.00 $ 248.00 $ Participate on call with L. Porter (ACG) to discuss revisions to responding 

materials for N. Morales (PREPA) related to FY 2022 and prior year budget 

variances.

PR

50 Keys, Jamie 10/20/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding changes to the FEMA flash report. Not in PR

3 San Miguel, 

Jorge

10/20/21 1.6 620.00 $ 992.00 $ Prepare summary of FY 2021 fiscal plan chapters to respond to request from N. 

Morales (PREPA) and J. Colon (PREPA).

PR

2 Gil, Gerard 10/20/21 0.4 500.00 $ 200.00 $ Review request from AAFAF regarding additional COVID-related funding to 

cover PREPA maintenance and fuel-related expenses.

PR

2 Crisalli, Paul 10/20/21 0.3 875.00 $ 262.50 $ Participate on calls with J. Keys (ACG) regarding updates to the October 2021 

cash flow budget.

Not in PR

40 Sabbe, Angela 10/20/21 0.3 570.00 $ 171.00 $ Participate in meeting with M. DiConza (OMM) and J. San Miguel (ACG) to 

discuss comments received from J. Adrover (PREPA) to draft valuation report.

Not in PR

2 Keys, Jamie 10/20/21 0.3 330.00 $ 99.00 $ Participate on calls with P. Crisalli (ACG) regarding updates to the October 

2021 cash flow budget.

Not in PR

2 Crisalli, Paul 10/20/21 0.3 875.00 $ 262.50 $ Finalize the cash flow reporting for week ended 10/15/21. Not in PR

2 Porter, Lucas 10/20/21 1.0 570.00 $ 570.00 $ Participate on call with G. Gil (ACG) and P. Crisalli (ACG) to discuss PREPA 

diesel fuel and maintenance and the potential impacts to PREPA's liquidity.

Not in PR

2 Crisalli, Paul 10/20/21 0.9 875.00 $ 787.50 $ Review updated documents provided by Luma and revise the October 2021 cash 

flow budget support schedules regarding the same.

Not in PR

50 Keys, Jamie 10/20/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

50 Keys, Jamie 10/20/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution. Not in PR

2 Crisalli, Paul 10/20/21 0.4 875.00 $ 350.00 $ Review the PREPA monthly bank balance reports as requested by AAFAF and 

provide comments to J. Keys (ACG).

Not in PR

2 Crisalli, Paul 10/20/21 0.4 875.00 $ 350.00 $ Review the draft October 2021 cash flow budget outputs and provide comments 

to J. Keys (ACG).

Not in PR

2 Keys, Jamie 10/20/21 0.9 330.00 $ 297.00 $ Update and distribute the latest draft of the October 2021 cash flow budget per 

revised inputs provided by P. Crisalli (ACG).

Not in PR

2 Gil, Gerard 10/20/21 1.0 500.00 $ 500.00 $ Participate on call with P. Crisalli (ACG) and L. Porter (ACG) to discuss 

PREPA diesel fuel and maintenance and the potential impacts to PREPA's 

liquidity.

PR

25 Parker, 

Christine

10/20/21 1.9 200.00 $ 380.00 $ Assemble time descriptions for the period 10/10/21 - 10/16/21 for inclusion in 

the Ankura October 2021 monthly fee statement.

Not in PR

6 Gil, Gerard 10/20/21 2.4 500.00 $ 1,200.00 $ Prepare for meeting with proponent for the P3 Authority generation 

transformation transaction by reviewing latest version of the O&M agreement 

for the generation transaction and pending due diligence items.

PR

Exhibit C

November 29, 2021 / #PR00052 32 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 71 of 229
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

10/20/21 0.7 620.00 $ 434.00 $ Participate on call with L. Porter (ACG) to discuss revisions requested by N. 

Morales (PREPA) related to FY 2022 budget variance presentation materials for 

meeting with the PREPA Executive Director.

PR

2 Gil, Gerard 10/20/21 1.1 500.00 $ 550.00 $ Review and edit request for funding requested by AAFAF related to PREPA 

maintenance and diesel fuel.

PR

2 Crisalli, Paul 10/20/21 0.7 875.00 $ 612.50 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss PREPA 

diesel fuel and maintenance and the potential impacts to PREPA's liquidity 

(partial).

Not in PR

3 Marino, 

Nicholas

10/20/21 2.2 495.00 $ 1,089.00 $ Revise the PREPA FY 2022 fiscal plan projections overview presentation ahead 

of meeting with new PREPA Executive Director per G. Gil (ACG) and L. Porter 

(ACG) comments.

Not in PR

2 Crisalli, Paul 10/20/21 0.3 875.00 $ 262.50 $ Correspond with Luma and PREPA regarding the open items related to the 

October 2021 cash flow budget.

Not in PR

3 Gil, Gerard 10/20/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding comments to 

presentations requested by N. Morales (PREPA) related to fiscal plan, 

generation budget and transformation reporting initiatives.

PR

50 Keys, Jamie 10/20/21 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

3 Marino, 

Nicholas

10/20/21 1.4 495.00 $ 693.00 $ Continue updating the PREPA FY 2022 fiscal plan projections overview 

presentation ahead of meeting with new PREPA Executive Director per G. Gil 

(ACG) and L. Porter (ACG) comments.

Not in PR

3 Gil, Gerard 10/20/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss data to inform response to N. 

Morales (PREPA) related to FY 2022 and prior year budget variances.

PR

3 San Miguel, 

Jorge

10/20/21 0.5 620.00 $ 310.00 $ Participate on call with F. Santos (PREPA), G. Loran (AAFAF) and US DOE 

representatives to discuss DOE LPO financing programs for renewable energy 

projects to inform PREPA's transformation into renewable energy generation 

plants.

PR

6 San Miguel, 

Jorge

10/20/21 0.3 620.00 $ 186.00 $ Participate on call with G. Gil (ACG) to discuss procedural schedule of the P3 

Authority generation transformation transaction meeting with proponents and 

P3 Authority advisors and next steps.

PR

3 San Miguel, 

Jorge

10/20/21 1.8 620.00 $ 1,116.00 $ Revise summary of generation maintenance and repairs funding plan with input 

provided by PREPA's generation directorate to respond to AAFAF request for 

information.

PR

40 Movaghar, 

Veeda

10/20/21 2.0 305.00 $ 610.00 $ Compile exhibits of vacation payouts from different data sources for PREPA 

audits.

Not in PR

3 San Miguel, 

Jorge

10/20/21 2.5 620.00 $ 1,550.00 $ Participate in meeting with J. Colon (PREPA) to discuss fiscal plan, 

transformation and federal funding initiatives.

PR

3 Porter, Lucas 10/20/21 2.0 570.00 $ 1,140.00 $ Develop updated presentation exhibits for N. Morales (PREPA) related to FY 

2022 and prior year budget variances to support discussions with PREPA 

Executive Director and FOMB. 

Not in PR

2 Crisalli, Paul 10/20/21 3.1 875.00 $ 2,712.50 $ Develop the summary analyses related to the draft October 2021 cash flow 

budget presentation materials for N. Morales (PREPA).

Not in PR

2 Crisalli, Paul 10/20/21 0.6 875.00 $ 525.00 $ Update the draft work plan and RFI tracker for the October 2021 cash flow 

budget for additional requests and information provided by PREPA and Luma.

Not in PR

51 Keys, Jamie 10/20/21 0.5 330.00 $ 165.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to project 

worksheet information included in the weekly project worksheet status report.

Not in PR

3 Porter, Lucas 10/20/21 0.4 570.00 $ 228.00 $ Participate on call with J. San Miguel (ACG) to discuss revisions to responding 

materials for N. Morales (PREPA) related to FY 2022 and prior year budget 

variances.

Not in PR

3 Porter, Lucas 10/20/21 1.2 570.00 $ 684.00 $ Revise FY 2022 budget variance presentation materials as requested by N. 

Morales (PREPA) for meeting with PREPA Executive Director.

Not in PR

3 Porter, Lucas 10/21/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss information request received 

from S. Rodriguez (Luma) related to FY 2022 budget and historical financial 

information for PREPA generation.

Not in PR

3 Porter, Lucas 10/21/21 0.4 570.00 $ 228.00 $ Review FY 2022 fiscal plan executive summary overview presentation materials 

from N. Marino (ACG) requested by N. Morales (PREPA).

Not in PR

3 Porter, Lucas 10/21/21 0.2 570.00 $ 114.00 $ Correspond with G. Soto (Luma) regarding clarifications in operational data for 

submittal to the FOMB required by FY 2022 fiscal plan.

Not in PR

3 San Miguel, 

Jorge

10/21/21 1.2 620.00 $ 744.00 $ Review and prepare comments to draft presentation on fiscal plan status, 

financial, operational and transformation initiatives in preparation for meeting 

with new PREPA management.

PR

3 Porter, Lucas 10/21/21 0.2 570.00 $ 114.00 $ Participate in discussion with J. San Miguel (ACG) regarding final edits to the 

ARP eligibility summary and PREPA maintenance program update for 

submittal to AAFAF.

Not in PR

3 Gil, Gerard 10/21/21 0.4 500.00 $ 200.00 $ Participate in meeting with J. San Miguel (ACG) to prepare for meeting with the 

PREPA Board of Directors to review and discuss the FY 2022 fiscal plan 

operational and transformation initiatives.

PR

Exhibit C

November 29, 2021 / #PR00052 33 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 72 of 229
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

10/21/21 0.4 620.00 $ 248.00 $ Prepare notes and outline of issues raised in discussions with DOE 

representatives regarding LPO initiatives and renewable energy projects under 

PREPA fiscal plan.

PR

3 Marino, 

Nicholas

10/21/21 0.5 495.00 $ 247.50 $ Review comments from L. Porter (ACG) regarding the PREPA FY 2022 fiscal 

plan projections overview presentation for meeting with J. Colón (PREPA).

Not in PR

50 Smith, James 10/21/21 1.5 750.00 $ 1,125.00 $ 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 10/21/21 0.6 570.00 $ 342.00 $ Review the P3 Authority generation transformation transaction operating 

financial model to inform response to S. Rodriguez (Luma) related to FY 2022 

budget and historical financial information for PREPA generation.

Not in PR

2 Porter, Lucas 10/21/21 0.9 570.00 $ 513.00 $ Revise draft memorandum for AAFAF related to PREPA fuel costs and impacts 

to liquidity.

Not in PR

3 Marino, 

Nicholas

10/21/21 0.6 495.00 $ 297.00 $ Update the PREPA FY 2022 fiscal plan projections overview presentation for 

G. Gil (ACG) comments in advance of meeting with J. Colón (PREPA).

Not in PR

2 Porter, Lucas 10/21/21 0.2 570.00 $ 114.00 $ Prepare and send updated draft memorandum with supporting exhibits to 

AAFAF regarding PREPA fuel costs and impacts to liquidity.

Not in PR

2 Crisalli, Paul 10/21/21 2.8 875.00 $ 2,450.00 $ Update the September 2021 accounts receivable presentation materials for Luma 

and PREPA management.

Not in PR

2 Crisalli, Paul 10/21/21 0.6 875.00 $ 525.00 $ Develop the September 2021 monthly accounts receivable reporting and 

presentation material templates.

Not in PR

3 San Miguel, 

Jorge

10/21/21 0.5 620.00 $ 310.00 $ Participate in discussion with N. Morales (PREPA) regarding generation budget 

overview and historical data to respond to outstanding information requests.

PR

50 San Miguel, 

Jorge

10/21/21 0.4 620.00 $ 248.00 $ Review updated generation report update to inform bi-weekly mediation call 

agenda.

PR

3 Porter, Lucas 10/21/21 0.2 570.00 $ 114.00 $ Prepare and send request for information to A. Cabrera (FW) for budget and 

actual financial data needed to respond to Luma inquiry.

Not in PR

40 Carr, Scott 10/21/21 1.8 615.00 $ 1,107.00 $ Revise Ankura's report on PREPA excess vacation time liability to reflect 

comments received from counsel.

Not in PR

6 Porter, Lucas 10/21/21 1.0 570.00 $ 570.00 $ Analyze FY 2021 budget and actual financial information provided by A. 

Cabrera (FW) to inform response to S. Rodriguez (Luma) related to PREPA 

generation shared services costs.

Not in PR

50 Smith, James 10/21/21 0.3 750.00 $ 225.00 $ Review data from, and email exchange with, G. Soto (Luma) in regards to 

generation system status in support of creditor reporting workstreams.

Not in PR

3 Gil, Gerard 10/21/21 0.6 500.00 $ 300.00 $ Participate in meeting with J. San Miguel (ACG) to discuss next steps from 

meeting with a member of the PREPA Board of Directors and work plan to 

address requested tasks.

PR

50 Smith, James 10/21/21 0.2 750.00 $ 150.00 $ Review the generation operational reports prepared by L. Porter (ACG) in 

support of the creditor reporting workstream.

Not in PR

50 Marino, 

Nicholas

10/21/21 1.3 495.00 $ 643.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/5/21 bi-weekly mediation call.

Not in PR

3 Keys, Jamie 10/21/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding the fiscal plan related monthly 

accounts receivable reports due on 10/27/21.

Not in PR

3 Porter, Lucas 10/21/21 1.1 570.00 $ 627.00 $ Finalize and submit FY 2022 budget variance presentation materials to N. 

Morales (PREPA) for meeting with J. Colon (PREPA) and FOMB.

Not in PR

3 San Miguel, 

Jorge

10/21/21 0.4 620.00 $ 248.00 $ Participate in meeting with G. Gil (ACG) to prepare for meeting with the 

PREPA Board of Directors to review and discuss the FY 2022 fiscal plan 

operational and transformation initiatives.

PR

3 Porter, Lucas 10/21/21 0.4 570.00 $ 228.00 $ Review information request provided by G. Gil (ACG) from S. Rodriguez 

(Luma) related to FY 2022 budget and historical financial information for 

PREPA generation.

Not in PR

3 Gil, Gerard 10/21/21 0.4 500.00 $ 200.00 $ Review and analyze request from Luma regarding PREPA generation assets for 

insurance-related purposes.

PR

3 San Miguel, 

Jorge

10/21/21 0.2 620.00 $ 124.00 $ Participate in discussion with L. Porter (ACG) regarding final edits to the ARP 

eligibility summary and PREPA maintenance program update for submittal to 

AAFAF.

PR

3 San Miguel, 

Jorge

10/21/21 0.2 620.00 $ 124.00 $ Review correspondence from F. Santos (PREPA) related to DOE LPO program 

and DOE comments to PREPA renewable project procurement process.

PR

3 Gil, Gerard 10/21/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss information request received 

from S. Rodriguez (Luma) related to FY 2022 budget and historical financial 

information for PREPA generation.

PR

3 San Miguel, 

Jorge

10/21/21 0.1 620.00 $ 62.00 $ Participate on call with AAFAF representatives regarding final summary of ARP 

eligibility assessment and maintenance program update.

PR

3 Gil, Gerard 10/21/21 1.8 500.00 $ 900.00 $ Review and edit materials for meeting with the PREPA Board of Directors 

regarding the FY 2022 fiscal plan, federal funding and transformation 

transactions.

PR

2 Crisalli, Paul 10/21/21 0.5 875.00 $ 437.50 $ Update the executive summary for the September 2021 accounts receivable 

presentation materials Luma and PREPA management.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 34 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 73 of 229
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 10/21/21 0.2 570.00 $ 114.00 $ Review updated fleet status report for provided by J. Smith (ACG) for 10/17/21 

generation operating report submittal to the FOMB as required by the FY 2022 

fiscal plan.

Not in PR

2 Crisalli, Paul 10/21/21 3.9 875.00 $ 3,412.50 $ Update supporting analyses and related outputs for the September 2021 

accounts receivable presentation materials for Luma and PREPA management.

Not in PR

3 Marino, 

Nicholas

10/21/21 1.8 495.00 $ 891.00 $ Revise the PREPA Fiscal Plan Summary of the Executive Summary 

presentation for G. Gil (ACG) comments as requested by N. Morales (PREPA).

Not in PR

25 Keys, Jamie 10/21/21 2.4 330.00 $ 792.00 $ Review the current draft of the Ankura September 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

3 San Miguel, 

Jorge

10/21/21 3.9 620.00 $ 2,418.00 $ Participate in working session with G. Gil (ACG), O. Chavez (PLLC) and a 

member of the PREPA Board of Directors to discuss PREPA's implementation 

of FY 2022 fiscal plan initiatives, federal funding and transformation 

transactions.

PR

25 Parker, 

Christine

10/21/21 3.5 200.00 $ 700.00 $ Review time descriptions to the Ankura October 2021 monthly fee statement for 

information currently assembled.

Not in PR

3 San Miguel, 

Jorge

10/21/21 0.3 620.00 $ 186.00 $ Prepare summary of notes on discussions with DOE requested by F. Santos 

(PREPA) to inform meeting with counsel.

PR

3 Porter, Lucas 10/21/21 1.3 570.00 $ 741.00 $ Prepare generation operational report for the week ending 10/17/21 based on 

data from G. Soto (Luma) for FOMB as required by the FY 2022 PREPA fiscal 

plan.

Not in PR

3 Gil, Gerard 10/21/21 3.9 500.00 $ 1,950.00 $ Participate in working session with J. San Miguel (ACG), O. Chavez (PLLC) 

and a member of the PREPA Board of Directors to discuss PREPA's 

implementation of FY 2022 fiscal plan initiatives, federal funding and 

transformation transactions.

PR

3 Marino, 

Nicholas

10/21/21 0.8 495.00 $ 396.00 $ Begin updating the PREPA FY 2022 fiscal plan projections overview 

presentation for meeting with J. Colón (PREPA).

Not in PR

50 Smith, James 10/21/21 0.4 750.00 $ 300.00 $ Review recent PREB docket activity related to Luma and PREPA in support of 

the creditor reporting workstream.

Not in PR

2 Keys, Jamie 10/21/21 0.4 330.00 $ 132.00 $ Review the daily cash flow report provided by J. Roque (Luma) for use in 

classifications in the October 2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/21/21 0.4 570.00 $ 228.00 $ Review updated draft presentation materials from N. Marino (ACG) related to 

FY 2022 fiscal plan for meetings with PREPA management and Board of 

Directors.

Not in PR

3 Porter, Lucas 10/21/21 0.5 570.00 $ 285.00 $ Review updated daily generation reports received from G. Soto (Luma) to 

inform development of the generation operational report for the week ending 

10/17/21 as required by the FY 2022 certified fiscal plan.

Not in PR

3 Gil, Gerard 10/21/21 0.3 500.00 $ 150.00 $ Review and analyze request for information from S. Rodriguez (Luma) related 

to FY 2022 budget and historical financial information for PREPA generation.

PR

3 Keys, Jamie 10/21/21 0.5 330.00 $ 165.00 $ Review the weekly generation and fleet and status reports circulated by L. Porter 

(ACG) for FY 2022 fiscal plan reporting purposes.

Not in PR

3 Keys, Jamie 10/21/21 3.6 330.00 $ 1,188.00 $ Prepare the monthly fiscal plan related accounts receivable reports due on the 

10/27/21 for review by P. Crisalli (ACG).

Not in PR

40 Bailey, Nate 10/21/21 3.6 380.00 $ 1,368.00 $ Analyze output from analysis of unpaid and underpaid PTO to determine 

remaining gaps in determining potential excess vacation liability.

Not in PR

3 Chavez, 

Ottmar

10/21/21 2.9 250.00 $ 725.00 $ Participate in working session with J. San Miguel (ACG), G. Gil (PLLC) and a 

member of the PREPA Board of Directors to discuss PREPA's implementation 

of FY 2022 fiscal plan initiatives, federal funding and transformation 

transactions (partial).

PR

3 San Miguel, 

Jorge

10/21/21 0.6 620.00 $ 372.00 $ Participate in meeting with G. Gil (ACG) to discuss next steps from meeting 

with a member of the PREPA Board of Directors and work plan to address 

requested tasks.

PR

2 Keys, Jamie 10/21/21 0.9 330.00 $ 297.00 $ Review the latest October 2021 cash flow budget proposal circulated by P. 

Crisalli (ACG).

Not in PR

2 Gil, Gerard 10/21/21 0.2 500.00 $ 100.00 $ Review updated draft memorandum with supporting exhibits regarding PREPA 

fuel costs and impacts to liquidity for submission to AAFAF.

PR

3 San Miguel, 

Jorge

10/22/21 0.6 620.00 $ 372.00 $ Prepare summary of DOE comments and suggestions related to renewable 

energy procurement contracts.

PR

2 Keys, Jamie 10/22/21 2.3 330.00 $ 759.00 $ Prepare the weekly cash flow outputs for the week ended 10/15/21 for review by 

P. Crisalli (ACG).

Not in PR

2 Crisalli, Paul 10/22/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

3 San Miguel, 

Jorge

10/22/21 0.3 620.00 $ 186.00 $ Follow up with DOE representative on information related to renewable 

procurement matters.

PR

3 San Miguel, 

Jorge

10/22/21 0.2 620.00 $ 124.00 $ Participate on call with G. Loran (AAFAF) regarding DOE and PREPA draft 

renewable energy procurement process.

PR

3 San Miguel, 

Jorge

10/22/21 0.8 620.00 $ 496.00 $ Review PREB and AAFAF materials related to renewable procurement projects 

to inform DOE inquiries.

PR

Exhibit C

November 29, 2021 / #PR00052 35 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 74 of 229
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 10/22/21 0.6 500.00 $ 300.00 $ Review analysis on PREPA liquidity needs prepared for T&D transaction in 

order to update for the Generation transaction.

PR

2 Keys, Jamie 10/22/21 0.5 330.00 $ 165.00 $ Revise the weekly cash flow outputs per comments provided by P. Crisalli 

(ACG).

Not in PR

3 Crisalli, Paul 10/22/21 0.6 875.00 $ 525.00 $ Develop correspondence to Luma and PREPA management regarding the 

September 2021 General Client and Government accounts receivable 

presentation materials for FY 2022 fiscal plan reporting.

Not in PR

3 Porter, Lucas 10/22/21 0.3 570.00 $ 171.00 $ Review updated FY 2021 revenue data from J. Estrada (Luma) to inform FY 

2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 10/22/21 0.4 875.00 $ 350.00 $ Finalize the October 2021 cash flow budget and related variance reporting for 

week ended 10/15/21.

Not in PR

3 Gil, Gerard 10/22/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss response for S. Rodriguez 

(Luma) related to FY 2022 budget and historical financial information for 

PREPA generation.

PR

50 Gil, Gerard 10/22/21 0.4 500.00 $ 200.00 $ Review and analyze cash flow projections to inform discussions with PREPA 

stakeholders.

PR

3 San Miguel, 

Jorge

10/22/21 0.4 620.00 $ 248.00 $ Participate on call with G. Gil (ACG) to review agenda items for status update 

call regarding FY 2022 fiscal plan implementation matters.

PR

3 Gil, Gerard 10/22/21 0.4 500.00 $ 200.00 $ Participate on call with J. San Miguel (ACG) to review agenda items for status 

update call regarding FY 2022 fiscal plan implementation matters.

PR

6 Porter, Lucas 10/22/21 0.9 570.00 $ 513.00 $ Analyze FY 2022 accounting data provided by A. Cabrera (FW) to inform 

response to S. Rodriguez (Luma) related to PREPA generation shared services 

costs.

Not in PR

3 San Miguel, 

Jorge

10/22/21 0.4 620.00 $ 248.00 $ Participate in meeting with K. Malone (K&S) and F. Santos (PREPA) to discuss 

DOE LPO comments to renewable procurement process.

PR

6 Porter, Lucas 10/22/21 1.2 570.00 $ 684.00 $ Revise summary analysis of FY 2022 and prior year accounting data based on 

comments received from G. Gil (ACG) related to PREPA generation shared 

services costs information request from S. Rodriguez (Luma).

Not in PR

2 Porter, Lucas 10/22/21 0.2 570.00 $ 114.00 $ Review comments from G. Gil (ACG) and J. San Miguel (ACG) on the draft 

October 2021 cash flow budget.

Not in PR

50 Keys, Jamie 10/22/21 0.4 330.00 $ 132.00 $ Prepare the weekly excel files for FOMB reporting. Not in PR

3 Porter, Lucas 10/22/21 0.4 570.00 $ 228.00 $ Prepare and send comments and questions to E. Ortiz (PREPA) and A. Cabrera 

(FW) regarding FY 2022 certified budget and PREPA accounting data 

discrepancies.

Not in PR

3 Crisalli, Paul 10/22/21 2.6 875.00 $ 2,275.00 $ Review the September 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

2 Gil, Gerard 10/22/21 0.1 500.00 $ 50.00 $ Correspond with P. Crisalli (ACG) regarding FOMB request regarding PREPA 

liquidity needs.

PR

3 Porter, Lucas 10/22/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss response for S. Rodriguez 

(Luma) related to FY 2022 budget and historical financial information for 

PREPA generation.

Not in PR

3 Marino, 

Nicholas

10/22/21 0.3 495.00 $ 148.50 $ Review additional comments from L. Porter (ACG) regarding the PREPA FY 

2022 fiscal plan projections overview presentation for meeting with J. Colón 

(PREPA).

Not in PR

50 Marino, 

Nicholas

10/22/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/5/21 bi-weekly mediation call.

Not in PR

2 Keys, Jamie 10/22/21 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

2 Crisalli, Paul 10/22/21 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 Porter, Lucas 10/22/21 0.7 570.00 $ 399.00 $ Revise FY 2021 revenue variance analysis based on data from J. Estrada (Luma) 

to inform FY 2022 fiscal plan reporting.

Not in PR

3 Crisalli, Paul 10/22/21 0.2 875.00 $ 175.00 $ Prepare correspondence to Luma and PREPA management regarding September 

2021 monthly fiscal plan-related accounts receivable reports for residential, 

commercial, industrial, government and other customers.

Not in PR

2 Crisalli, Paul 10/22/21 0.6 875.00 $ 525.00 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

6 Porter, Lucas 10/22/21 1.3 570.00 $ 741.00 $ Prepare summary analysis of FY 2022 and prior year accounting data for S. 

Rodriguez (Luma) related to PREPA generation shared services costs.

Not in PR

3 Gil, Gerard 10/22/21 0.6 500.00 $ 300.00 $ Participate on call with R. Zampierollo (PREPA) to discuss fiscal plan reports 

due to FOMB and other related matters.

PR

2 Keys, Jamie 10/22/21 0.4 330.00 $ 132.00 $ Review the daily cash flow reports circulated by J. Roque (Luma) for use in cash 

flow updates.

Not in PR

50 Keys, Jamie 10/22/21 0.5 330.00 $ 165.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

3 Gil, Gerard 10/22/21 0.4 500.00 $ 200.00 $ Review the P3 Authority generation transformation transaction operating 

financial model sent by L. Porter (ACG) to discuss next steps for preparation of 

response to S. Rodriguez (Luma) related to FY 2022 budget and historical 

financial information for PREPA generation.

PR

Exhibit C

November 29, 2021 / #PR00052 36 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 75 of 229
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 Gil, Gerard 10/22/21 0.5 500.00 $ 250.00 $ Participate in discussion with FOMB representative regarding PREPA liquidity 

needs, October 2021 cash flow budget, and other potential sources and uses of 

cash.

PR

6 Porter, Lucas 10/22/21 0.4 570.00 $ 228.00 $ Prepare and send comments with summary analysis to S. Rodriguez (Luma) 

regarding PREPA generation shared services costs.

Not in PR

6 Porter, Lucas 10/22/21 0.6 570.00 $ 342.00 $ Analyze PREB regulatory orders on PREPA rates to inform response to S. 

Rodriguez (Luma) related to PREPA generation shared services costs.

Not in PR

3 Porter, Lucas 10/22/21 1.7 570.00 $ 969.00 $ Develop analysis of FY 2022 certified budget and PREPA accounting data 

provided by A. Cabrera (FW) on behalf of E. Ortiz (PREPA) to inform FY 2022 

fiscal plan reporting.

Not in PR

6 Porter, Lucas 10/25/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to review and update financial model for 

the P3 Authority generation transformation transaction.

Not in PR

3 Crisalli, Paul 10/25/21 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 (partial).

Not in PR

2 Keys, Jamie 10/25/21 0.4 330.00 $ 132.00 $ Review the daily cash flow reports circulated by J. Roque (Luma) for use in cash 

flow updates.

Not in PR

2 Keys, Jamie 10/25/21 0.1 330.00 $ 33.00 $ Participate on call with P. Crisalli (ACG) to discuss status of weekly cash flow 

reporting.

Not in PR

3 San Miguel, 

Jorge

10/25/21 0.9 620.00 $ 558.00 $ Review American Rescue Plan CSRF compliance requirements to inform N. 

Morales (PREPA) in connection with the transfer and management of ARP 

funds for fuel and generation maintenance costs.

PR

50 San Miguel, 

Jorge

10/25/21 0.1 620.00 $ 62.00 $ Follow-up with L. Porter (ACG) and P. Crisalli (ACG) regarding information to 

respond to mediation creditor stakeholder representative.

PR

2 Keys, Jamie 10/25/21 0.5 330.00 $ 165.00 $ Participate on telephone call with J. Rosado (ARI) regarding the population of 

streetlight invoices to be submitted for reimbursement to FEMA and next steps 

to ensure information is included in the October 2021 cash flow budget.

Not in PR

3 Porter, Lucas 10/25/21 0.6 570.00 $ 342.00 $ Review updated draft presentation materials from N. Marino (ACG) regarding 

FY 2022 fiscal plan for meetings with J. Colon (PREPA) and new PREPA 

management personnel.

Not in PR

3 Smith, James 10/25/21 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 (partial).

Not in PR

2 Crisalli, Paul 10/25/21 0.1 875.00 $ 87.50 $ Participate on call with J. Keys (ACG) to discuss status of weekly cash flow 

reporting.

Not in PR

3 Marino, 

Nicholas

10/25/21 0.5 495.00 $ 247.50 $ Participate on call with L. Porter (ACG) to discuss revisions to FY 2022 fiscal 

plan overview presentation materials for meetings with J. Colon (PREPA) and 

other new PREPA management personnel.

Not in PR

2 Keys, Jamie 10/25/21 2.2 330.00 $ 726.00 $ Prepare the weekly cash flow outputs for the week ended 10/22/21 for review by 

P. Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

10/25/21 0.3 620.00 $ 186.00 $ Participate in discussion with AAFAF representatives regarding proposed 

mechanism to manage newly assigned ARPA funding for generation 

maintenance and fuel expenses.

PR

2 Crisalli, Paul 10/25/21 0.7 875.00 $ 612.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

10/22/21.

Not in PR

3 San Miguel, 

Jorge

10/25/21 0.9 620.00 $ 558.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

2 Crisalli, Paul 10/25/21 0.5 875.00 $ 437.50 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

3 Marino, 

Nicholas

10/25/21 1.3 495.00 $ 643.50 $ Continue updating the PREPA FY 2022 fiscal plan projections overview 

presentation for additional comments requested by L. Porter (ACG) following 

meeting with J. Colón (PREPA).

Not in PR

3 Marino, 

Nicholas

10/25/21 0.6 495.00 $ 297.00 $ Participate in meeting with L. Bauer (NR), R. Arrieta (SM) and L. Porter (ACG) 

to discuss PREPA financial and operating data needed to update the Disclosure 

Statement for FY 2022 fiscal plan implementation.

Not in PR

2 San Miguel, 

Jorge

10/25/21 0.5 620.00 $ 310.00 $ Participate in discussion with PRASA representatives regarding status of aged 

accounts receivable to inform PREPA's cash flow and liquidity reporting.

PR

3 Porter, Lucas 10/25/21 0.6 570.00 $ 342.00 $ Participate in meeting with L. Bauer (NR), R. Arrieta (SM) and N. Marino 

(ACG) to discuss PREPA financial and operating data needed to update the 

Disclosure Statement for FY 2022 fiscal plan implementation.

Not in PR

25 Crisalli, Paul 10/25/21 2.7 875.00 $ 2,362.50 $ Review Exhibits A, B and C to the Ankura September 2021 monthly fee 

statement.

Not in PR

40 Sabbe, Angela 10/25/21 0.5 570.00 $ 285.00 $ Review data validation workpapers of underlying data sources used in Ankura's 

analysis of excess vacation liability.

Not in PR

25 Keys, Jamie 10/25/21 0.3 330.00 $ 99.00 $ Review the Ankura September 2021 monthly fee statement cover letter provided 

by C. Parker (ACG).

Not in PR

3 Porter, Lucas 10/25/21 0.5 570.00 $ 285.00 $ Participate on call with N. Marino (ACG) to discuss revisions to FY 2022 fiscal 

plan overview presentation materials for meetings with J. Colon (PREPA) and 

other new PREPA management personnel.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 37 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 76 of 229
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

10/25/21 1.5 495.00 $ 742.50 $ Begin updating the PREPA FY 2022 fiscal plan projections overview 

presentation for additional comments requested by L. Porter (ACG) following 

meeting with J. Colón (PREPA).

Not in PR

3 Marino, 

Nicholas

10/25/21 1.2 495.00 $ 594.00 $ Finalize updating PREPA FY 2021 fiscal plan overtime data reporting for 

August 2021 presentation.

Not in PR

6 Gil, Gerard 10/25/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to review and update financial model 

for the P3 Authority generation transformation transaction.

PR

2 Keys, Jamie 10/25/21 0.9 330.00 $ 297.00 $ Review the accounts receivable summary report circulated by P. Crisalli (ACG) 

to assess large outstanding balances to inform cash flow reporting.

Not in PR

6 Gil, Gerard 10/25/21 1.4 500.00 $ 700.00 $ Review the P3 Authority generation transformation transaction bidder data room 

and pending diligence questions in preparation for upcoming working session 

with the P3 Authority advisory team.

PR

50 San Miguel, 

Jorge

10/25/21 0.2 620.00 $ 124.00 $ Follow-up with mediation creditor stakeholder on RFI related to updated 

PREPA financial data and regulatory update.

PR

3 Marino, 

Nicholas

10/25/21 1.0 495.00 $ 495.00 $ Finalize updating PREPA FY 2021 fiscal plan overtime data reporting for 

September 2021 presentation.

Not in PR

3 Keys, Jamie 10/25/21 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

3 Gil, Gerard 10/25/21 0.8 500.00 $ 400.00 $ Review updated draft presentation materials regarding FY 2022 fiscal plan for 

meetings with new PREPA management personnel.

PR

3 Porter, Lucas 10/25/21 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

3 Marino, 

Nicholas

10/25/21 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

2 Crisalli, Paul 10/25/21 0.5 875.00 $ 437.50 $ Correspond with J. Roque (Luma) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

3 Porter, Lucas 10/25/21 0.8 570.00 $ 456.00 $ Review work book with PREPA financial and operating data needed to update 

the Disclosure Statement for FY 2022 fiscal plan implementation.

Not in PR

3 San Miguel, 

Jorge

10/25/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) regarding ARPA funding matters 

and compliance requirements.

PR

2 Crisalli, Paul 10/25/21 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

2 Keys, Jamie 10/25/21 0.4 330.00 $ 132.00 $ Revise the weekly cash flow outputs for the week ended 10/22/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

10/25/21 0.5 620.00 $ 310.00 $ Participate in discussion with AAFAF representatives regarding funding process 

of ARPA monies to PREPA to inform N. Morales (PREPA).

PR

3 Marino, 

Nicholas

10/25/21 1.1 495.00 $ 544.50 $ Finalize updating PREPA FY 2021 fiscal plan overtime data reporting for July 

2021 presentation.

Not in PR

3 Gil, Gerard 10/25/21 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

2 Keys, Jamie 10/25/21 0.6 330.00 $ 198.00 $ Prepare summary email of suggested changes for the cash flow outputs for 

review by P. Crisalli (ACG).

Not in PR

6 Gil, Gerard 10/26/21 1.5 500.00 $ 750.00 $ Participate in meeting with S. Torres (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 draft.

PR

2 Crisalli, Paul 10/26/21 0.5 875.00 $ 437.50 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

2 Keys, Jamie 10/26/21 0.3 330.00 $ 99.00 $ Participate on calls with P. Crisalli (ACG) regarding the status of the weekly 

cash flow reporting deliverables.

Not in PR

3 San Miguel, 

Jorge

10/26/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding agenda requested by N. 

Morales (PREPA) for the PREPA Board of Directors Bankruptcy Committee 

meeting.

PR

3 Keys, Jamie 10/26/21 0.5 330.00 $ 165.00 $ Review P. Crisalli (ACG) summary email of changes in the monthly fiscal plan 

accounts receivable reports to D. Miller (Luma) and N. Morales (PREPA).

Not in PR

3 San Miguel, 

Jorge

10/26/21 0.2 620.00 $ 124.00 $ Coordinate with M. DiConza (OMM) regarding presentations for the PREPA 

Board of Directors regarding debt restructuring and fiscal plan matters.

PR

3 Gil, Gerard 10/26/21 1.0 500.00 $ 500.00 $ Participate in the PREPA Board of Directors committee meeting regarding fiscal 

plan matters and update on Central Government debt restructuring by 

O'Melveny & Myers.

PR

3 Gil, Gerard 10/26/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding agenda requested 

by N. Morales (PREPA) for the PREPA Board of Directors Bankruptcy 

Committee meeting.

PR

50 San Miguel, 

Jorge

10/26/21 0.3 620.00 $ 186.00 $ Participate in discussion with L. Porter (ACG) regarding responses to creditor 

stakeholder RFI related to PREPA financial and regulatory developments.

PR

3 San Miguel, 

Jorge

10/26/21 0.6 620.00 $ 372.00 $ Participate on call with N. Marino (ACG) regarding the PREPA bankruptcy 

workstream overview presentation for the PREPA Board of Directors 

Bankruptcy Committee.

PR

Exhibit C

November 29, 2021 / #PR00052 38 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 77 of 229
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 10/26/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) regarding responses to 

creditor stakeholder RFI related to PREPA financial and regulatory 

developments.

Not in PR

3 Marino, 

Nicholas

10/26/21 0.3 495.00 $ 148.50 $ Update PREPA Bankruptcy workstream overview presentation for the PREPA 

Board of Directors Bankruptcy Committee following call with J. San Miguel 

(ACG).

Not in PR

3 Porter, Lucas 10/26/21 0.3 570.00 $ 171.00 $ Review draft FY 2022 fiscal plan presentation from G. Gil (ACG) for discussion 

with J. Colon (PREPA).

Not in PR

2 Gil, Gerard 10/26/21 0.5 500.00 $ 250.00 $ Participate on call with P. Crisalli (ACG) to discuss the PREPA cash flow 

forecast and related liquidity analysis in response to questions received from the 

FOMB.

PR

2 Keys, Jamie 10/26/21 1.3 330.00 $ 429.00 $ Review streetlight payment information provided by J. Rosado (ARI) for use in 

understanding invoices submitted to FEMA for reimbursement which are also 

included in the cash flow.

Not in PR

3 Marino, 

Nicholas

10/26/21 1.9 495.00 $ 940.50 $ Continue updating the PREPA FY 2022 fiscal plan projections overview 

presentation for additional comments requested by L. Porter (ACG) following 

meeting with J. Colón (PREPA).

Not in PR

6 Porter, Lucas 10/26/21 0.8 570.00 $ 456.00 $ Review the draft GridCo-GenCo Operating Agreement received from V. Del 

Rio (CGSH) to inform discussions with PREPA, P3 Authority and Luma 

personnel.

Not in PR

6 Gil, Gerard 10/26/21 0.4 500.00 $ 200.00 $ Participate on calls with L. Porter (ACG) to discuss next steps on financial 

model updates for P3 Authority generation transformation transaction due 

diligence.

PR

6 Porter, Lucas 10/26/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss the Agreed Operating 

Procedures Issues list for the GridCo GenCo Operating Agreement.

Not in PR

2 Keys, Jamie 10/26/21 0.6 330.00 $ 198.00 $ Review changes in bank balances circulated by J. Roque (Luma) for use in cash 

flow reporting.

Not in PR

2 Keys, Jamie 10/26/21 0.6 330.00 $ 198.00 $ Revise the weekly cash flow outputs for the week ended 10/22/21 per additional 

comments provided by P. Crisalli (ACG).

Not in PR

6 Porter, Lucas 10/26/21 0.4 570.00 $ 228.00 $ Participate on calls with G. Gil (ACG) to discuss next steps on financial model 

updates for P3 Authority generation transformation transaction due diligence.

Not in PR

3 San Miguel, 

Jorge

10/26/21 0.2 620.00 $ 124.00 $ Correspond with N. Morales (PREPA) regarding agenda items for report to the 

PREPA Board of Directors Bankruptcy Committee.

PR

6 Gil, Gerard 10/26/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss the Agreed Operating 

Procedures Issues list for the GridCo GenCo Operating Agreement.

PR

2 Gil, Gerard 10/26/21 0.6 500.00 $ 300.00 $ Participate on call with FOMB representatives to discuss PREPA's October 

2021 cash flow budget and related liquidity analysis in response to FOMB RFI.

PR

2 Crisalli, Paul 10/26/21 0.3 875.00 $ 262.50 $ Participate on calls with J. Keys (ACG) regarding the status of the weekly cash 

flow reporting deliverables.

Not in PR

2 Keys, Jamie 10/26/21 0.7 330.00 $ 231.00 $ Participate on telephone call with S. Diaz (ARI) regarding the population of 

streetlight invoices to be submitted for reimbursement to FEMA and next steps 

to ensure information is included in the cash flow.

Not in PR

6 Gil, Gerard 10/26/21 0.6 500.00 $ 300.00 $ Participate on call with F. Chapados (Citi), J. Iriarte (Citi), A. Ault (Citi), L. 

Porter (ACG) and P3 Authority representatives to discuss P3 Authority 

generation transformation transaction due diligence financial models.

PR

40 Sabbe, Angela 10/26/21 1.0 570.00 $ 570.00 $ Prepare data validation workpapers of underlying data sources used in Ankura's 

analysis of excess vacation liability.

Not in PR

6 Gil, Gerard 10/26/21 0.2 500.00 $ 100.00 $ Participate on call with F. Chapados (Citi) to discuss on next steps for the P3 

Authority generation transformation transaction.

PR

3 Marino, 

Nicholas

10/26/21 1.2 495.00 $ 594.00 $ Begin creating the PREPA FY 2022 fiscal plan generation transformation 

initiatives presentation per J. San Miguel (ACG) request for PREPA 

management and the PREPA Board of Directors.

Not in PR

25 Crisalli, Paul 10/26/21 3.8 875.00 $ 3,325.00 $ Finish review Exhibit C to the Ankura September 2021 monthly fee statement 

and provide comments to Ankura billing team.

Not in PR

3 Gil, Gerard 10/26/21 1.5 500.00 $ 750.00 $ Prepare materials and review relevant documentation for meeting with the 

PREPA Board of Directors Bankruptcy Committee to discuss Title III update 

and FY 2022 fiscal plan implementation.

PR

6 Porter, Lucas 10/26/21 1.5 570.00 $ 855.00 $ Participate in meeting with S. Torres (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 draft.

Not in PR

3 Porter, Lucas 10/26/21 0.5 570.00 $ 285.00 $ Participate on call with R. Zampierollo (PREPA) to discuss FY 2022 fiscal plan 

implementation related to pension reform initiative.

Not in PR

2 Crisalli, Paul 10/26/21 0.5 875.00 $ 437.50 $ Participate on call with G. Gil (ACG) to discuss the PREPA cash flow forecast 

and related liquidity analysis in response to questions received from the FOMB.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 39 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 78 of 229
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

10/26/21 1.0 620.00 $ 620.00 $ Participate in the PREPA Board of Directors committee meeting regarding fiscal 

plan matters and update on Central Government debt restructuring by 

O'Melveny & Myers.

PR

3 Marino, 

Nicholas

10/26/21 0.6 495.00 $ 297.00 $ Participate on call with J. San Miguel (ACG) regarding the PREPA bankruptcy 

workstream overview presentation for the PREPA Board of Directors 

Bankruptcy Committee.

Not in PR

25 Crisalli, Paul 10/26/21 3.3 875.00 $ 2,887.50 $ Continue to review Exhibit C to the Ankura September 2021 monthly fee 

statement.

Not in PR

40 Sabbe, Angela 10/26/21 0.5 570.00 $ 285.00 $ Review and make edits to summary of Social Security/Medicare component of 

analysis of excess vacation liability.

Not in PR

6 Porter, Lucas 10/26/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) to discuss next steps for finalization of the 

draft GridCo-GenCo Operating Agreement.

Not in PR

3 Gil, Gerard 10/26/21 0.7 500.00 $ 350.00 $ Participate on call with PREPA counsel to discuss open workstreams to advance 

GridCo-GenCo Operating Agreement completion, PREPA reorganization and 

FY 2022 fiscal plan implementation.

PR

6 Gil, Gerard 10/26/21 0.6 500.00 $ 300.00 $ Review issues list circulated by P3 Authority related to the Agreed Operating 

Procedures sent by Luma.

PR

6 Gil, Gerard 10/26/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss next steps for finalization of 

the draft GridCo-GenCo Operating Agreement.

PR

6 Keys, Jamie 10/26/21 0.6 330.00 $ 198.00 $ Review the P3 Authority generation transformation transaction RFP addendum 

circulated by L. Porter (ACG).

Not in PR

3 San Miguel, 

Jorge

10/26/21 1.0 620.00 $ 620.00 $ Review the draft presentation for the PREPA Board of Directors Bankruptcy 

Committee meeting and provide comments to M. DiConza (OMM).

PR

6 Porter, Lucas 10/26/21 0.3 570.00 $ 171.00 $ Prepare and send comments on the draft GridCo-GenCo Operating Agreement 

to J. San Miguel (ACG), G. Gil (ACG) and P. Crisalli (ACG) in advance of 

discussions with PREPA, P3 Authority and Luma personnel.

Not in PR

2 Crisalli, Paul 10/26/21 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

3 Marino, 

Nicholas

10/26/21 0.4 495.00 $ 198.00 $ Revise PREPA Bankruptcy workstream overview presentation for the PREPA 

Board of Directors Bankruptcy Committee per J. San Miguel (ACG) comments.

Not in PR

2 Crisalli, Paul 10/26/21 0.2 875.00 $ 175.00 $ Develop correspondence to Luma and PREPA regarding weekly budget versus 

actual cash flow variances.

Not in PR

6 Porter, Lucas 10/26/21 0.6 570.00 $ 342.00 $ Participate on call with F. Chapados (Citi), J. Iriarte (Citi), A. Ault (Citi), G. Gil 

(ACG) and P3 Authority representatives to discuss P3 Authority generation 

transformation transaction due diligence financial models.

Not in PR

50 Marino, 

Nicholas

10/26/21 1.3 495.00 $ 643.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/5/21 bi-weekly mediation call.

Not in PR

6 Smith, James 10/27/21 1.2 750.00 $ 900.00 $ Review draft generation operating agreement and draft operating procedures to 

support PREPA comments to the P3 Authority generation transformation 

transaction procurement process.

Not in PR

3 Smith, James 10/27/21 0.7 750.00 $ 525.00 $ 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

50 Keys, Jamie 10/27/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

2 Porter, Lucas 10/27/21 0.5 570.00 $ 285.00 $ Review and comment on draft liquidity analysis from P. Crisalli (ACG) to 

inform discussions with A. Figueroa (FOMB).

Not in PR

2 Gil, Gerard 10/27/21 0.4 500.00 $ 200.00 $ Review and provide input to P. Crisalli (ACG) on cash flow and liquidity 

materials for upcoming meeting with the FOMB.

PR

25 Keys, Jamie 10/27/21 0.3 330.00 $ 99.00 $ Correspond with Ankura team regarding changes to the Ankura September 2021 

monthly fee statement.

Not in PR

50 Keys, Jamie 10/27/21 0.6 330.00 $ 198.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

3 Marino, 

Nicholas

10/27/21 0.8 495.00 $ 396.00 $ Update Generation directorate B2A monthly analysis to track FY 2022 

Generation expenditures and variances from budget.

Not in PR

3 Gil, Gerard 10/27/21 0.4 500.00 $ 200.00 $ Review letter from the FOMB provided by N. Morales (PREPA) related to the 

FY 2021 budget.

PR

6 Smith, James 10/27/21 0.6 750.00 $ 450.00 $ Participate on call with L. Porter (ACG) to discuss comments to the Agreed 

Operating Procedures issues related to the draft GridCo-GenCo Operating 

Agreement.

Not in PR

2 Crisalli, Paul 10/27/21 0.7 875.00 $ 612.50 $ Participate on call with L. Porter (ACG) regarding the PREPA cash flow and 

liquidity analysis and related FOMB and creditor questions.

Not in PR

6 Porter, Lucas 10/27/21 0.6 570.00 $ 342.00 $ Participate on call with J. Smith (ACG) to discuss comments to the Agreed 

Operating Procedures issues related to the draft GridCo-GenCo Operating 

Agreement.

Not in PR

3 Porter, Lucas 10/27/21 0.6 570.00 $ 342.00 $ Review letter from FOMB provided by N. Morales (PREPA) related to FY 2021 

budget.

Not in PR

6 Gil, Gerard 10/27/21 0.2 500.00 $ 100.00 $ Review comments to the draft GridCo-GenCo Operating Agreement from L. 

Porter (ACG) for discussions with PREPA, P3 Authority and Luma personnel.

PR

Exhibit C

November 29, 2021 / #PR00052 40 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 79 of 229
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

10/27/21 1.3 495.00 $ 643.50 $ Continue to revise the PREPA FY 2022 fiscal plan projections overview 

presentation prior to distributing to G. Gil (ACG) and L. Porter (ACG) for 

review.

Not in PR

50 Keys, Jamie 10/27/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

3 Porter, Lucas 10/27/21 0.5 570.00 $ 285.00 $ Review updated daily generation reports from G. Soto (Luma) for development 

of the generation operational report for the week ending 10/24/21 required by 

the FY 2022 certified fiscal plan.

Not in PR

6 Gil, Gerard 10/27/21 1.1 500.00 $ 550.00 $ Review the draft GridCo-GenCo Operating Agreement received from V. Del 

Rio (CGSH), and related commentary and issues list, to inform discussions with 

PREPA, P3 Authority and Luma personnel.

PR

3 Porter, Lucas 10/27/21 0.6 570.00 $ 342.00 $ Review GASB 67 pension financial statement provided by N. Morales (PREPA) 

to inform updates to the Disclosure Statement for FY 2022 fiscal plan 

implementation.

Not in PR

2 Porter, Lucas 10/27/21 0.7 570.00 $ 399.00 $ Participate on call with P. Crisalli (ACG) regarding the PREPA cash flow and 

liquidity analysis and related FOMB and creditor questions.

Not in PR

50 Keys, Jamie 10/27/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding changes to the FEMA flash report. Not in PR

3 San Miguel, 

Jorge

10/27/21 0.1 620.00 $ 62.00 $ Provide L. Porter (ACG) comments to guide draft response to the FOMB 

regarding the budget-to-actuals report for FY 2021.

PR

2 Crisalli, Paul 10/27/21 0.6 875.00 $ 525.00 $ Update the October 2021 cash flow budget and liquidity summary in 

preparation for discussion with the FOMB.

Not in PR

50 Crisalli, Paul 10/27/21 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 10/27/21 1.1 330.00 $ 363.00 $ Prepare the weekly FEMA flash report for the week ended 10/22/21 for review 

by P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 10/27/21 1.4 570.00 $ 798.00 $ Analyze data provided by J. Estrada (Luma) related to PREPA financial and 

operating results required to update the Disclosure Statement for FY 2022 fiscal 

plan implementation.

Not in PR

3 Marino, 

Nicholas

10/27/21 1.8 495.00 $ 891.00 $ Revise the PREPA FY 2022 fiscal plan projections overview presentation for 

additional comments requested by L. Porter (ACG).

Not in PR

3 San Miguel, 

Jorge

10/27/21 0.4 620.00 $ 248.00 $ Review letter from the FOMB provided by N. Morales (PREPA) with comments 

to the budget-to-actuals report submitted for FY 2021 in preparation for meeting 

to discuss responses due.

PR

51 Keys, Jamie 10/27/21 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding upcoming RFR 

reimbursements.

Not in PR

3 Porter, Lucas 10/27/21 0.8 570.00 $ 456.00 $ Review updated draft presentation materials from N. Marino (ACG) related to 

FY 2022 fiscal plan for meetings with PREPA management and Board of 

Directors.

Not in PR

3 Gil, Gerard 10/27/21 1.7 500.00 $ 850.00 $ Attend the PREPA Board of Directors monthly public meeting to inform and 

update on financial, operational and transformation updates pursuant to FY 

2022 certified fiscal plan and creditor reporting (partial).

PR

6 San Miguel, 

Jorge

10/27/21 0.7 620.00 $ 434.00 $ Review the updated draft GridCo-GenCo Operating Agreement and prepare 

comments for discussion with client.

PR

6 San Miguel, 

Jorge

10/27/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding comments and 

observations to the updated draft GridCo-GenCo Operating Agreement in 

preparation for discussion with M. Zapata (PREPA) and A. Rodriguez 

(PREPA).

PR

50 Keys, Jamie 10/27/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution. Not in PR

3 Marino, 

Nicholas

10/27/21 0.8 495.00 $ 396.00 $ Continue review of FY 2019 - FY 2021 PA expenditure reports received from L. 

Porter (ACG) regarding Generation directorate B2A monthly analysis to track 

FY 2022 Generation expenditures and variances from budget.

Not in PR

50 Marino, 

Nicholas

10/27/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/5/21 bi-weekly mediation call.

Not in PR

50 Keys, Jamie 10/27/21 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 Porter, Lucas 10/27/21 1.7 570.00 $ 969.00 $ Prepare generation operational report for the week ending 10/24/21 based on 

data from G. Soto (Luma) for the FOMB as required by the FY 2022 PREPA 

fiscal plan.

Not in PR

3 Keys, Jamie 10/27/21 0.5 330.00 $ 165.00 $ Review the weekly generation and fleet status report circulated by L. Porter 

(ACG) for reporting to the FOMB.

Not in PR

3 Porter, Lucas 10/27/21 0.7 570.00 $ 399.00 $ 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

3 Porter, Lucas 10/27/21 0.3 570.00 $ 171.00 $ Review updated fleet status report for provided by J. Smith (ACG) for 10/24/21 

generation operating report submittal to FOMB required by FY 2022 fiscal plan.

Not in PR

3 Keys, Jamie 10/27/21 0.3 330.00 $ 99.00 $ Finalize and distribute the monthly accounts receivable reports in compliance 

with required fiscal plan reporting.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 41 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 80 of 229
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 10/27/21 1.0 750.00 $ 750.00 $ 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 10/27/21 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

2 Crisalli, Paul 10/27/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 10/22/21. Not in PR

3 Gil, Gerard 10/27/21 0.3 500.00 $ 150.00 $ Participate in discussion with J. San Miguel (ACG) regarding initial response to 

FOMB letter on RFI related to FY 2021-22 B2A report and supporting 

information from PREPA and Luma.

PR

2 Crisalli, Paul 10/27/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

51 Keys, Jamie 10/27/21 0.4 330.00 $ 132.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to project 

worksheet information included in the weekly project worksheet status report.

Not in PR

3 San Miguel, 

Jorge

10/27/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Gil (ACG) regarding initial response to FOMB 

letter on RFI related to FY 2021-22 B2A report and supporting information from 

PREPA and Luma.

PR

6 Gil, Gerard 10/27/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding comments and 

observations to the updated draft GridCo-GenCo Operating Agreement in 

preparation for discussion with M. Zapata (PREPA) and A. Rodriguez 

(PREPA).

PR

3 San Miguel, 

Jorge

10/27/21 2.2 620.00 $ 1,364.00 $ Attend the PREPA Board of Directors monthly public meeting to inform and 

update on financial, operational and transformation updates pursuant to FY 

2022 certified fiscal plan and creditor reporting.

PR

25 Keys, Jamie 10/27/21 1.4 330.00 $ 462.00 $ Process P. Crisalli (ACG) changes to the Ankura September 2021 monthly fee 

statement.

Not in PR

40 San Miguel, 

Jorge

10/28/21 0.7 620.00 $ 434.00 $ Review and provide comments to draft responses to KPMG, Hacienda and 

PREPA to the draft valuation of excess vacation claim.

PR

40 San Miguel, 

Jorge

10/28/21 0.5 620.00 $ 310.00 $ Review comments provided by J. Adrover (PREPA) supplied by KPMG, 

Hacienda and PREPA Human Resources related to valuation assessment of 

excess vacation claim.

PR

25 Keys, Jamie 10/28/21 1.0 330.00 $ 330.00 $ Review the current draft of the Ankura September 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

50 Smith, James 10/28/21 0.8 750.00 $ 600.00 $ Compile weekly and October-to-date generator data in support of the creditor 

reporting workstream.

Not in PR

3 Marino, 

Nicholas

10/28/21 0.7 495.00 $ 346.50 $ Review updated materials from J. Estrada (Luma) regarding summary of Annual 

Financial Information and Operating Data report workbook to support FY 2022 

fiscal plan implementation.

Not in PR

3 Marino, 

Nicholas

10/28/21 1.3 495.00 $ 643.50 $ Review latest summary of Annual Financial Information and Operating Data 

report workbook to support FY 2022 fiscal plan implementation prior to sending 

to L. Porter (ACG) for review as requested.

Not in PR

2 Porter, Lucas 10/28/21 0.8 570.00 $ 456.00 $ Participate on call with G. Gil (ACG), P. Crisalli (ACG), R. Zampierollo 

(PREPA) and various representatives of the FOMB regarding PREPA's October 

2021 cash flow budget. 

Not in PR

2 Porter, Lucas 10/28/21 0.4 570.00 $ 228.00 $ Participate on follow-up calls with P. Crisalli (ACG) regarding the FOMB RFI 

related to PREPA's October 2021 cash flow budget. 

Not in PR

2 Crisalli, Paul 10/28/21 0.8 875.00 $ 700.00 $ Participate on call with G. Gil (ACG), L. Porter (ACG), R. Zampierollo 

(PREPA) and various representatives of the FOMB regarding PREPA's October 

2021 cash flow budget. 

Not in PR

6 Porter, Lucas 10/28/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss financial analysis for the 

GridCo-GenCo Operating Agreement.

Not in PR

6 Porter, Lucas 10/28/21 0.5 570.00 $ 285.00 $ Revise and send responding information to S. Torres (P3A) regarding financial 

analysis for the GridCo-GenCo Operating Agreement.

Not in PR

40 San Miguel, 

Jorge

10/28/21 0.4 620.00 $ 248.00 $ Participate in discussion with S. Carr (ACG) regarding comments from KPMG 

and Hacienda on draft valuation of claim for excess vacation pay to address 

response thereto.

PR

40 Carr, Scott 10/28/21 2.9 615.00 $ 1,783.50 $ Revise draft of Ankura's excess vacation liability estimate to address comments 

from KPMG auditors.

Not in PR

6 Gil, Gerard 10/28/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss financial analysis for the 

GridCo-GenCo Operating Agreement.

PR

6 Smith, James 10/28/21 1.0 750.00 $ 750.00 $ Prepare comments to G. Gil (ACG) and L. Porter (ACG) regarding generator 

performance testing in support of PREPA comments to the P3 Authority 

generation transformation transaction procurement process.

Not in PR

40 Carr, Scott 10/28/21 1.1 615.00 $ 676.50 $ Address comments by R. Ponte (Puerto Rico Treasury Dept.) regarding Ankura's 

estimate of PREPA liability for unpaid excess vacation.

Not in PR

2 Crisalli, Paul 10/28/21 0.4 875.00 $ 350.00 $ Develop correspondence email to PREPA regarding FOMB RFI related to the 

October 2021 cash flow budget.

Not in PR

3 Keys, Jamie 10/28/21 1.2 330.00 $ 396.00 $ Review the latest J28 report provided by T. River (Nexvel) for use in updating 

the fuel and purchased power generation analysis for use in reporting on the FY 

2022 fiscal plan.

Not in PR

40 Sabbe, Angela 10/28/21 0.8 570.00 $ 456.00 $ Respond to questions received from J. San Miguel (ACG) and S. Carr (ACG) 

regarding the excess vacation liability analysis.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 42 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 81 of 229
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 10/28/21 0.8 570.00 $ 456.00 $ Prepare draft responding information for S. Torres (P3A) as requested by G. Gil 

(ACG) related to financial analysis for the GridCo-GenCo Operating 

Agreement.

Not in PR

3 Porter, Lucas 10/28/21 0.8 570.00 $ 456.00 $ Analyze updated data provided by J. Estrada (Luma) on 10/28/21 related to 

PREPA financial and operating results required to update the Disclosure 

Statement for FY 2022 fiscal plan implementation.

Not in PR

3 Marino, 

Nicholas

10/28/21 0.5 495.00 $ 247.50 $ Update summary of Annual Financial Information and Operating Data report 

workbook to support FY 2022 fiscal plan implementation.

Not in PR

3 Marino, 

Nicholas

10/28/21 1.1 495.00 $ 544.50 $ Finalize the PREPA FY 2022 fiscal plan projections overview presentation. Not in PR

2 Gil, Gerard 10/28/21 0.7 500.00 $ 350.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG), R. Zampierollo 

(PREPA) and various representatives of the FOMB regarding PREPA's October 

2021 cash flow budget. 

PR

2 Crisalli, Paul 10/28/21 0.7 875.00 $ 612.50 $ Update PREPA cash flow and liquidity materials related to the RFI from the 

FOMB.

Not in PR

3 Marino, 

Nicholas

10/28/21 1.2 495.00 $ 594.00 $ Revise Generation directorate B2A monthly analysis to track FY 2022 

Generation expenditures and variances from budget received per updated 

materials received from A. Cabrera (FW).

Not in PR

3 Keys, Jamie 10/28/21 1.3 330.00 $ 429.00 $ Update the fuel and purchased power generation analysis for use in reporting on 

the FY 2022 fiscal plan.

Not in PR

50 Marino, 

Nicholas

10/28/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/5/21 bi-weekly mediation call.

Not in PR

25 Keys, Jamie 10/28/21 0.8 330.00 $ 264.00 $ Revise the Ankura September 2021 monthly fee statement per comments 

provided by Ankura team.

Not in PR

2 Gil, Gerard 10/28/21 0.4 500.00 $ 200.00 $ Prepare for conference call with FOMB representatives regarding PREPA's 

October 2021 cash flow budget.

PR

40 Carr, Scott 10/28/21 0.4 615.00 $ 246.00 $ Participate in discussion with J. San Miguel (ACG) regarding comments from 

KPMG and Hacienda on draft valuation of claim for excess vacation pay to 

address response thereto.

Not in PR

3 Marino, 

Nicholas

10/28/21 0.6 495.00 $ 297.00 $ Review updated materials received from A. Cabrera (FW) regarding Generation 

directorate B2A monthly analysis to track FY 2022 Generation expenditures and 

variances from budget.

Not in PR

2 Crisalli, Paul 10/28/21 0.4 875.00 $ 350.00 $ Participate on follow-up calls with L. Porter (ACG) regarding the FOMB RFI 

related to PREPA's October 2021 cash flow budget. 

Not in PR

6 Porter, Lucas 10/28/21 1.1 570.00 $ 627.00 $ Analyze PREPA FY 2022 budget data provided by E. Ortiz (PREPA) and A. 

Cabrera (FW) to inform response to S. Torres (P3A) regarding the GridCoGenCo Operating Agreement.

Not in PR

2 Gil, Gerard 10/28/21 0.3 500.00 $ 150.00 $ Review draft cash flow budget summary from P. Crisalli (ACG) in preparation 

for meeting with FOMB representatives.

PR

6 Gil, Gerard 10/28/21 0.5 500.00 $ 250.00 $ Review and provide edits on draft responding information for S. Torres (P3A) 

related to financial analysis for the GridCo-GenCo Operating Agreement.

PR

40 Carr, Scott 10/28/21 0.8 615.00 $ 492.00 $ Review KPMG's initial comments regarding Ankura's estimate of PREPA 

liability for excess vacation hours.

Not in PR

2 Crisalli, Paul 10/28/21 0.6 875.00 $ 525.00 $ Prepare for call with PREPA and the FOMB regarding PREPA October 2021 

cash flow budget.

Not in PR

3 Porter, Lucas 10/28/21 0.7 570.00 $ 399.00 $ Review monthly generation cost data from T. Rivera (Luma) to inform FY 2022 

fiscal plan reporting.

Not in PR

6 Porter, Lucas 10/28/21 0.2 570.00 $ 114.00 $ Review edits from G. Gil (ACG) to responding information for S. Torres (P3A) 

related to financial analysis for the GridCo-GenCo Operating Agreement.

Not in PR

25 Keys, Jamie 10/28/21 0.8 330.00 $ 264.00 $ Review Exhibit A and B of the Ankura September 2021 monthly fee statement. Not in PR

2 Porter, Lucas 10/28/21 0.7 570.00 $ 399.00 $ Review draft October 2021 cash flow budget summary from P. Crisalli (ACG) 

to inform response to FOMB RFI related to PREPA cash flow and liquidity.

Not in PR

25 Keys, Jamie 10/29/21 0.3 330.00 $ 99.00 $ Correspond with C. Parker (ACG) regarding changes to the Ankura September 

2021 monthly fee statement.

Not in PR

40 Carr, Scott 10/29/21 0.9 615.00 $ 553.50 $ Prepare for meeting with J. Adrover (PREPA) regarding KPMG comments to 

Ankura's report on PREPA's excess overtime liability.

Not in PR

40 Carr, Scott 10/29/21 2.2 615.00 $ 1,353.00 $ Revise draft report on Ankura estimation of PREPA liability for excess vacation. Not in PR

40 Sabbe, Angela 10/29/21 1.5 570.00 $ 855.00 $ Prepare materials related to Ankura's analysis of excess vacation liability. Not in PR

3 Marino, 

Nicholas

10/29/21 1.2 495.00 $ 594.00 $ Begin revising Generation directorate B2A monthly analysis to track FY 2022 

Generation expenditures and variances from budget received per updated 

materials received N. Morales (PREPA).

Not in PR

40 Carr, Scott 10/29/21 0.7 615.00 $ 430.50 $ Prepare the draft Christmas bonus liability section of the Ankura report on 

PREPA excess vacation liability.

Not in PR

6 Porter, Lucas 10/29/21 1.3 570.00 $ 741.00 $ Analyze the PREPA Generation budget materials provided by G. Sanchez 

(PREPA) to inform updates to P3 Authority generation transformation 

transaction due diligence materials.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 43 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 82 of 229
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

10/29/21 0.9 495.00 $ 445.50 $ Continue revising Generation directorate B2A monthly analysis to track FY 

2022 Generation expenditures and variances from budget received per updated 

materials received N. Morales (PREPA).

Not in PR

40 Sabbe, Angela 10/29/21 0.5 570.00 $ 285.00 $ Participate in discussion with S. Carr (ACG) regarding KPMG questions related 

to Ankura's analysis of excess vacation liability.

Not in PR

40 Carr, Scott 10/29/21 0.3 615.00 $ 184.50 $ Participate on call with M. DiConza (OMM) regarding Ankura's estimation of 

PREPA liability for excess vacation.

Not in PR

25 Keys, Jamie 10/29/21 0.9 330.00 $ 297.00 $ Review P. Crisalli (ACG) comments to the Ankura September 2021 monthly fee 

statement.

Not in PR

6 Porter, Lucas 10/29/21 0.9 570.00 $ 513.00 $ Review the Generation accounting analysis, prepared by B. Walshe (Luma) and 

provided by N. Morales (PREPA), to inform updates to P3 Authority generation 

transformation transaction due diligence materials.

Not in PR

2 Keys, Jamie 10/29/21 1.1 330.00 $ 363.00 $ Review streetlight information provided by J. Rosado (ARI) as compared to 

information included in the October 2021 cash flow budget.

Not in PR

6 Porter, Lucas 10/29/21 1.6 570.00 $ 912.00 $ Analyze FY 2021 historical financial information provided by E. Ortiz (PREPA) 

and A. Cabrera (FW) to inform updates to P3 Authority generation 

transformation transaction due diligence materials.

Not in PR

50 Smith, James 10/29/21 0.6 750.00 $ 450.00 $ Update the fleet status reports based on new information received from G. Soto 

(Luma) related to generation system status in support of the creditor reporting 

workstream.

Not in PR

40 Sabbe, Angela 10/29/21 0.5 570.00 $ 285.00 $ Participate on call with M. DiConza (OMM), J. Adrover (PREPA), L. Matias 

(PREPA), O. Feliciano (PREPA), J. San Miguel (ACG) and S. Carr (ACG) to 

discuss and review comments received from KPMG and Hacienda to the draft 

valuation of excess vacation claim in preparation for response submittal.

Not in PR

40 Carr, Scott 10/29/21 0.5 615.00 $ 307.50 $ Participate on call with M. DiConza (OMM), J. Adrover (PREPA), L. Matias 

(PREPA), O. Feliciano (PREPA), J. San Miguel (ACG) and A. Sabbe (ACG) to 

discuss and review comments received from KPMG and Hacienda to the draft 

valuation of excess vacation claim in preparation for response submittal.

Not in PR

40 Sabbe, Angela 10/29/21 0.5 570.00 $ 285.00 $ Review the collective bargaining agreement to inform discussion of Christmas 

bonus.

Not in PR

40 San Miguel, 

Jorge

10/29/21 0.8 620.00 $ 496.00 $ Participate in meeting with J. Adrover (PREPA), LM Varela (PREPA), M. 

DiConza (OMM), A. Rodriguez (KPMG), O. Torres (KPMG), A. Sabbe (ACG), 

S. Carr (ACG) and other PREPA and KPMG personnel regarding Ankura's 

estimate of PREPA excess vacation liability report.

PR

40 San Miguel, 

Jorge

10/29/21 0.5 620.00 $ 310.00 $ Participate on call with M. DiConza (OMM), J. Adrover (PREPA), L. Matias 

(PREPA), O. Feliciano (PREPA), A. Sabbe (ACG) and S. Carr (ACG) to 

discuss and review comments received from KPMG and Hacienda to the draft 

valuation of excess vacation claim in preparation for response submittal.

PR

2 San Miguel, 

Jorge

10/29/21 0.6 620.00 $ 372.00 $ Participate on call with N. Morales (PREPA), L. Porter (ACG) and P. Crisalli 

(ACG) to discuss the FOMB RFI regarding the PREPA October 2021 cash flow 

budget (partial).

PR

50 Marino, 

Nicholas

10/29/21 1.5 495.00 $ 742.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/5/21 bi-weekly mediation call.

Not in PR

40 Carr, Scott 10/29/21 0.8 615.00 $ 492.00 $ Participate in meeting with J. Adrover (PREPA), LM Varela (PREPA), M. 

DiConza (OMM), A. Rodriguez (KPMG), O. Torres (KPMG), A. Sabbe (ACG), 

J San Miguel (ACG) and other PREPA and KPMG personnel regarding 

Ankura's estimate of PREPA excess vacation liability report.

Not in PR

25 Keys, Jamie 10/29/21 1.9 330.00 $ 627.00 $ Revise the Ankura September 2021 monthly fee statement per additional 

comments provided by Ankura team.

Not in PR

6 Porter, Lucas 10/29/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss the financial analysis for the P3 

Authority generation transformation transaction due diligence process.

Not in PR

2 Porter, Lucas 10/29/21 0.8 570.00 $ 456.00 $ Participate on call with N. Morales (PREPA), P. Crisalli (ACG) and J. San 

Miguel (ACG) to discuss the FOMB RFI regarding the PREPA October 2021 

cash flow budget.

Not in PR

50 Smith, James 10/29/21 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 Carr, Scott 10/29/21 0.5 615.00 $ 307.50 $ Participate in discussion with A. Sabbe (ACG) regarding KPMG questions 

related to Ankura's analysis of excess vacation liability.

Not in PR

2 Crisalli, Paul 10/29/21 0.3 875.00 $ 262.50 $ Prepare for call with PREPA to discuss the FOMB RFI regarding the PREPA 

October 2021 cash flow budget.

Not in PR

6 Porter, Lucas 10/29/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss comments to the latest draft 

GridCo-GenCo Operating Agreement.

Not in PR

6 Gil, Gerard 10/29/21 1.2 500.00 $ 600.00 $ Review and analyze financial model for the P3 Authority generation 

transformation transaction in preparation for discussions on updating same with 

P3 Authority representatives.

PR

2 Crisalli, Paul 10/29/21 0.4 875.00 $ 350.00 $ Review final documents and develop related correspondence to the FOMB 

regarding the RFI related to the PREPA October 2021 cash flow budget.

Not in PR

Exhibit C

November 29, 2021 / #PR00052 44 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 83 of 229
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 10/29/21 0.8 570.00 $ 456.00 $ Participate in meeting with J. Adrover (PREPA), LM Varela (PREPA), M. 

DiConza (OMM), A. Rodriguez (KPMG), O. Torres (KPMG), S. Carr (ACG), J 

San Miguel (ACG) and other PREPA and KPMG personnel regarding Ankura's 

estimate of PREPA excess vacation liability report.

Not in PR

40 San Miguel, 

Jorge

10/29/21 0.2 620.00 $ 124.00 $ Correspond with S. Carr (ACG) and A. Sabbe (ACG) regarding comments 

received from KPMG and Hacienda to draft valuation report for excess vacation 

claim.

PR

6 Gil, Gerard 10/29/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss comments to the latest draft 

GridCo-GenCo Operating Agreement.

PR

3 Gil, Gerard 10/29/21 0.5 500.00 $ 250.00 $ Review updated draft presentation materials from N. Marino (ACG) related to 

FY 2022 fiscal plan for meetings with PREPA management.

PR

6 Porter, Lucas 10/29/21 0.8 570.00 $ 456.00 $ Prepare summary results with comments on financial analysis update for G. Gil 

(ACG) and P3 Authority representatives for revisions to P3 Authority generation 

transformation transaction due diligence materials.

Not in PR

40 Sabbe, Angela 10/29/21 0.5 570.00 $ 285.00 $ Evaluate questions received from KPMG regarding Ankura's analysis of excess 

vacation liability.

Not in PR

3 Marino, 

Nicholas

10/29/21 0.6 495.00 $ 297.00 $ Review updated materials received from N. Morales (PREPA) regarding 

Generation directorate B2A monthly analysis to track FY 2022 Generation 

expenditures and variances from budget.

Not in PR

6 Gil, Gerard 10/29/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss the financial analysis for the 

P3 Authority generation transformation transaction due diligence process.

PR

2 Crisalli, Paul 10/29/21 0.8 875.00 $ 700.00 $ Participate on call with N. Morales (PREPA), L. Porter (ACG) and J. San 

Miguel (ACG) to discuss the FOMB RFI regarding the PREPA October 2021 

cash flow budget.

Not in PR

6 Porter, Lucas 10/29/21 1.0 570.00 $ 570.00 $ Review the P3 Authority generation transformation transaction due diligence 

financial model to understand data sources for discussion with G. Gil (ACG).

Not in PR

40 Sabbe, Angela 10/29/21 0.5 570.00 $ 285.00 $ Participate on call with A. Rodriguez (KPMG) and J. Adrover (PREPA) to 

discuss available data sources for analysis of excess vacation liability.

Not in PR

6 Gil, Gerard 10/29/21 0.7 500.00 $ 350.00 $ Review flow of funds materials related to the T&D transaction to inform 

discussions related to the GridCo-GenCo Operating Agreement.

PR

40 Sabbe, Angela 10/30/21 3.0 570.00 $ 1,710.00 $ Prepare materials and documentation related to the analysis of excess vacation 

liability.

Not in PR

6 Porter, Lucas 10/31/21 0.9 570.00 $ 513.00 $ Review updated materials received from V. Del Rio (CGSH) related to 

supporting documents to the GridCo-GenCo Operating Agreement.

Not in PR

6 Gil, Gerard 10/31/21 0.8 500.00 $ 400.00 $ Review updated materials received from V. Del Rio (CGSH) related to the 

GridCo-GenCo Operating Agreement.

PR

6 Porter, Lucas 10/31/21 0.5 570.00 $ 285.00 $ Review and respond to comments received from J. Smith (ACG) regarding the 

draft GridCo-GenCo Operating Agreement appendix on Agreed Operating 

Procedures.

Not in PR

3 Porter, Lucas 10/31/21 0.7 570.00 $ 399.00 $ Prepare comments for N. Marino (ACG) to the updated draft FY 2022 fiscal 

plan overview presentation for meeting with PREPA management team.

Not in PR

6 Gil, Gerard 10/31/21 0.2 500.00 $ 100.00 $ Review comments received from J. Smith (ACG) regarding the draft GridCoGenCo Operating Agreement appendix on Agreed Operating Procedures.

PR

TOTAL 1,026.1 561,471.00 $ 

Exhibit C

November 29, 2021 / #PR00052 45 of 45

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 84 of 229
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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 85 of 229
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 29, 2021 / #PR00052 1 of 1

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 86 of 229
EXHIBIT F 

MONTHLY FEE STATEMENT OF ANKURA FOR COMPENSATION FOR SERVICES 

AND REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISOR TO THE 

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

 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 87 of 229
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-THIRD 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 NOVEMBER 1, 2021 THROUGH NOVEMBER 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: November 1, 2021 through November 30, 2021 

Amount of compensation sought

as actual, reasonable and necessary: $383,053.90 

Amount of expense reimbursement 

sought as actual, reasonable and 

necessary: 2

 $1,531.55 

Invoice Date / Number December 20, 2021 / #PR00053 

This is a: X monthly interim final application. 

This is Ankura’s fifty-third 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.

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 88 of 229
2 

1. This is the fifty-third 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 $344,748.51 (90% of 

$383,053.90 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 $1,531.55 incurred by Ankura during the 

period of November 1, 2021 through November 30, 2021 (the “Fee Period”). In 

accordance with the PSA (“Professional Services Agreement”), travel time was 

excluded from the billable fees included herein. Actual expenses incurred during 

the fee period were $1,902.49 and Ankura has eliminated $370.94 from this out-ofpocket expense reimbursement request that believes should not be reimbursed by 

the Debtor. 

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 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 89 of 229
3 

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 

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.; 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 90 of 229
4 

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.; 

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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 91 of 229
EXHIBIT A 

SUMMARY OF PROFESSIONAL FEES BY TASK CODE 

 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 92 of 229
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 60,245.00 110.3 $ 

3 Fiscal Plan and Implementation 254.2 141,613.50 $ 

60 Swap Portfolio Analysis 14.5 5,675.90 $ 

Liquidity Related Matters

2 Cash and Liquidity Analysis 78.2 51,444.50 $ 

51 Cash and Liquidity Analysis - Public Assistance Program (Hurricanes) 19.7 12,013.00 $ 

Title III Matters

25 Preparation of Fee Statements and Applications 106.8 36,341.50 $ 

Other Matters

50 General Meetings with FOMB, UCC and/or Advisors 123.1 70,585.50 $ 

40 Statistical Validation FS Audits 8.6 5,135.00 $ 

Total 383,053.90 715.4 $ 

Exhibit A

December 20, 2021 / #PR00053 1 of 1

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 93 of 229
EXHIBIT B 

SUMMARY OF HOURS AND FEES BY PROFESSIONAL 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 94 of 229
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 $ 97.1 $ 84,962.50

San Miguel, Jorge Senior Managing Director 620.00 $ 88.9 $ 55,118.00

Gil, Gerard Managing Director 500.00 $ 94.4 $ 47,200.00

Porter, Lucas Senior Director (1) 570.00 $ 123.0 $ 70,110.00

Keys, Jamie Senior Associate (1) 330.00 $ 116.5 $ 38,445.00

Marino, Nicholas Senior Associate 495.00 $ 88.1 $ 43,609.50

Parker, Christine Analyst 200.00 $ 55.7 $ 11,140.00

SUBTOTAL 663.7 $ 350,585.00

Other Practice Groups

Carr, Scott Senior Managing Director 615.00 $ 3.4 $ 2,091.00

Smith, James Senior Managing Director 750.00 $ 30.2 $ 22,650.00

Sabbe, Angela Managing Director 570.00 $ 3.6 $ 2,052.00

SUBTOTAL 37.2 $ 26,793.00

SWAP Portfolio Analyses

U.S. Professionals

Costa, Lindsey SWAP Portfolio Analysis Director 460.00 $ 9.0 $ 4,140.00

Dirlam, Josh SWAP Portfolio Analysis Associate 293.00 $ 4.8 $ 1,406.40

India Professionals

Singh, Abhijit SWAP Portfolio Analysis Director 185.00 $ 0.7 $ 129.50

SUBTOTAL 14.5 $ 5,675.90

TOTAL 715.4 $ 383,053.90

Note:

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

Exhibit B

December 20, 2021 / #PR00053 1 of 1

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 95 of 229
EXHIBIT C 

COMPLETE ACCOUNTING OF PROFESSIONAL FEES 

INCLUDING ITEMIZED TIME RECORDS IN CHRONOLOGICAL ORDER 

 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 96 of 229
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

11/1/21 1.3 200.00 $ 260.00 $ Update Exhibits A, B and C of the Ankura September 2021 monthly fee 

statement for additional information provided by Ankura team members.

Not in PR

6 Porter, Lucas 11/1/21 1.5 570.00 $ 855.00 $ Analyze FY 2021 and FY 2022 revenue data received from J. Estrada (Luma) to 

inform response to S. Rodriguez (Luma) related to PREPA generation shared 

services costs.

Not in PR

6 San Miguel, 

Jorge

11/1/21 0.5 620.00 $ 310.00 $ Review update of the issues table related to the draft GridCo-GenCo Operating 

Agreement, provided by G. Gil (ACG), in advance of discussion with A. 

Rodriguez (PREPA).

PR

6 Gil, Gerard 11/1/21 0.5 500.00 $ 250.00 $ Participate on calls with K. Bolanos (DV) in preparation for upcoming working 

session with P3 Authority and Luma regarding the GridCo-GenCo Operating 

Agreement.

PR

60 Costa, Lindsey 11/1/21 1.5 460.00 $ 690.00 $ Conduct final review of the PREPA 2021 Interest Rate SWAP valuation report. Not in PR

6 Porter, Lucas 11/1/21 2.3 570.00 $ 1,311.00 $ Participate in working session with L. Santa (PREPA), A. Rodriguez (PREPA), 

S. Torres (P3A), C. Kordula (CGSH), V. Del Rio (CGSH), M. Hurtado (Luma), 

A. Engbloom (Luma), G. Gil (ACG) and other P3 Authority and Luma 

representatives to discuss revisions to the draft GridCo-GenCo Operating 

Agreement required for the T&D transformation transaction.

Not in PR

6 Gil, Gerard 11/1/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss next steps on revisions to the 

financial model for P3 Authority generation transformation transaction due 

diligence.

PR

6 Gil, Gerard 11/1/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) and P3 Authority to discuss revisions to 

financial model to inform P3 Authority generation transformation transaction 

due diligence.

PR

3 Smith, James 11/1/21 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

6 Porter, Lucas 11/1/21 0.2 570.00 $ 114.00 $ Review correspondence from S. Torres (P3A) and L. Santa (PREPA) regarding 

status of PREPA comments to the draft GridCo-GenCo Operating Agreement 

required for the T&D transformation transaction.

Not in PR

40 Carr, Scott 11/1/21 1.4 615.00 $ 861.00 $ Revise the Christmas bonus section of the Ankura report on PREPA excess 

vacation time liability.

Not in PR

2 Crisalli, Paul 11/1/21 0.7 875.00 $ 612.50 $ Prepare correspondence with J. Roque (Luma) regarding questions related to 

disbursement categorization per the daily cash report.

Not in PR

3 Keys, Jamie 11/1/21 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 11/1/21 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

6 Porter, Lucas 11/1/21 0.9 570.00 $ 513.00 $ Develop pro forma financial statement analysis on PREPA generation for S. 

Rodriguez (Luma) related to shared services costs.

Not in PR

3 Gil, Gerard 11/1/21 0.6 500.00 $ 300.00 $ Participate on call with R. Zampierollo (PREPA) and J. San Miguel (ACG) 

regarding the fiscal plan update process, timeline and budgeting coordination.

PR

3 Marino, 

Nicholas

11/1/21 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

3 Crisalli, Paul 11/1/21 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

2 Crisalli, Paul 11/1/21 1.6 875.00 $ 1,400.00 $ 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

11/1/21 1.4 200.00 $ 280.00 $ Assemble final version of the Ankura September 2021 monthly fee statement for 

approval and sign-off by P. Crisalli (ACG).

Not in PR

40 Sabbe, Angela 11/1/21 0.5 570.00 $ 285.00 $ Finalize and transmit Ankura workpapers related to potential excess vacation 

liability.

Not in PR

3 Gil, Gerard 11/1/21 0.4 500.00 $ 200.00 $ Participate on call with M. Meyer (AON) to discuss the FY 2022 fiscal plan 

pension system reform initiative. 

PR

6 Gil, Gerard 11/1/21 0.3 500.00 $ 150.00 $ Participate on debrief call with K. Bolanos (DV) to discuss open items and next 

steps on GridCo-GenCo Operating Agreement negotiations. 

PR

2 Crisalli, Paul 11/1/21 0.8 875.00 $ 700.00 $ Develop templates for the cash flow and liquidity reports for the week ended 

10/29/21.

Not in PR

2 Keys, Jamie 11/1/21 0.4 330.00 $ 132.00 $ Revise the weekly cash flow outputs for the week ended 10/29/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

6 Porter, Lucas 11/1/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss next steps on revisions to the 

financial model for P3 Authority generation transformation transaction due 

diligence.

Not in PR

25 Keys, Jamie 11/1/21 1.0 330.00 $ 330.00 $ Review the latest draft of the twelfth interim fee application. Not in PR

3 Porter, Lucas 11/1/21 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 Marino, 

Nicholas

11/1/21 0.6 495.00 $ 297.00 $ Review and revise the PREPA FY 2021 fiscal plan overview financial model 

exhibits for meeting with J. Colón (PREPA).

Not in PR

3 Marino, 

Nicholas

11/1/21 2.2 495.00 $ 1,089.00 $ Revise the PREPA FY 2021 fiscal plan overview presentation in advance of 

meeting with J. Colón (PREPA) per L. Porter (ACG) prior comments.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 1 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 97 of 229
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 11/1/21 2.3 500.00 $ 1,150.00 $ Participate in working session with L. Santa (PREPA), A. Rodriguez (PREPA), 

S. Torres (P3A), C. Kordula (CGSH), V. Del Rio (CGSH), M. Hurtado (Luma), 

A. Engbloom (Luma), L. Porter (ACG) and other P3 Authority and Luma 

representatives to discuss revisions to the draft GridCo-GenCo Operating 

Agreement required for the T&D transformation transaction.

PR

6 San Miguel, 

Jorge

11/1/21 0.7 620.00 $ 434.00 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to prepare for 

working session with PREPA, Luma and P3 Authority regarding revisions to the 

draft GridCo-GenCo Operating Agreement required for the T&D transformation 

transaction.

PR

50 Marino, 

Nicholas

11/1/21 1.3 495.00 $ 643.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/5/21 bi-weekly mediation call.

Not in PR

6 Gil, Gerard 11/1/21 0.7 500.00 $ 350.00 $ Participate on call with F. Chapados (Citi), J. Iriarte (Citi), A. Ault (Citi), Y. 

Hickey (FOMB), L. Porter (ACG) and the P3 Authority generation 

transformation transaction proponent due diligence team to discuss financial 

models for the due diligence process.

PR

6 Gil, Gerard 11/1/21 1.1 500.00 $ 550.00 $ Prepare materials for discussion with PREPA management related to the GridCoGenCo Operating Agreement and T&D O&M agreement.

PR

40 San Miguel, 

Jorge

11/1/21 0.2 620.00 $ 124.00 $ Participate on call with S. Carr (ACG) to discuss revisions to the Ankura report 

on PREPA excess vacation time liability prior to circulation to KPMG and 

PREPA representatives.

PR

40 Carr, Scott 11/1/21 0.2 615.00 $ 123.00 $ Participate on call with J. San Miguel (ACG) to discuss revisions to the Ankura 

report on PREPA excess vacation time liability prior to circulation to KPMG 

and PREPA representatives.

Not in PR

3 San Miguel, 

Jorge

11/1/21 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

2 Keys, Jamie 11/1/21 2.3 330.00 $ 759.00 $ Prepare the weekly cash flow outputs for the week ended 10/29/21 for review by 

P. Crisalli (ACG).

Not in PR

6 Gil, Gerard 11/1/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) to prepare for 

working session with PREPA, Luma and P3 Authority regarding revisions to the 

draft GridCo-GenCo Operating Agreement required for the T&D transformation 

transaction.

PR

25 Keys, Jamie 11/1/21 1.2 330.00 $ 396.00 $ Review the Ankura September 2021 monthly fee statement provided by C. 

Parker (ACG) prior to distribution to PREPA.

Not in PR

6 Porter, Lucas 11/1/21 0.7 570.00 $ 399.00 $ Participate on call with F. Chapados (Citi), J. Iriarte (Citi), A. Ault (Citi), Y. 

Hickey (FOMB), G. Gil (ACG) and the P3 Authority generation transformation 

transaction proponent due diligence team to discuss financial models for the due 

diligence process.

Not in PR

40 Carr, Scott 11/1/21 1.3 615.00 $ 799.50 $ Review work papers of Ankura estimate of PREPA excess vacation time 

requested by A. Rodriguez (KPMG).

Not in PR

25 Keys, Jamie 11/1/21 0.4 330.00 $ 132.00 $ Review the Ankura September 2021 monthly fee statement files prior to 

distribution to the fee examiner.

Not in PR

3 San Miguel, 

Jorge

11/1/21 0.6 620.00 $ 372.00 $ Participate on call with R. Zampierollo (PREPA) and G. Gil (ACG) regarding 

the fiscal plan update process, timeline and budgeting coordination.

PR

6 Porter, Lucas 11/1/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) to prepare for 

working session with PREPA, Luma and P3 Authority regarding revisions to the 

draft GridCo-GenCo Operating Agreement required for the T&D transformation 

transaction.

Not in PR

25 Parker, 

Christine

11/1/21 1.6 200.00 $ 320.00 $ Review final version of the Ankura September 2021 monthly fee statement prior 

to submitting to client, fee examiner and Prime Clerk.

Not in PR

6 Gil, Gerard 11/1/21 0.2 500.00 $ 100.00 $ Participate on call with A. Rodriguez (PREPA) to discuss various open items on 

the GridCo-GenCo Operating Agreement in preparation for upcoming working 

session with P3 Authority and Luma.

PR

25 Crisalli, Paul 11/1/21 0.6 875.00 $ 525.00 $ Review the final Ankura September 2021 monthly fee statement prior to 

distribution.

Not in PR

60 Costa, Lindsey 11/1/21 2.0 460.00 $ 920.00 $ Conduct final review of the Credit Value Adjustment analysis supporting 

SWAP valuation analysis.

Not in PR

6 Gil, Gerard 11/1/21 0.4 500.00 $ 200.00 $ Participate in meeting with J. San Miguel (ACG) to discuss takeaways and next 

steps from the P3 Authority advisory team meeting in preparation for meeting 

with PREPA General Counsel and management representatives.

PR

2 Crisalli, Paul 11/1/21 0.7 875.00 $ 612.50 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

40 Sabbe, Angela 11/1/21 1.3 570.00 $ 741.00 $ Updates to vacation liability analysis and report to reflect potential Christmas 

bonus.

Not in PR

6 San Miguel, 

Jorge

11/1/21 0.4 620.00 $ 248.00 $ Participate in meeting with G. Gil (ACG) to discuss takeaways and next steps 

from the P3 Authority advisory team meeting in preparation for meeting with 

PREPA General Counsel and management representatives.

PR

40 San Miguel, 

Jorge

11/1/21 0.3 620.00 $ 186.00 $ Review comments received from A. Sabbe (ACG) to the draft valuation report 

on excess vacation claim based on comments from R. Ponte, KPMG and 

PREPA.

PR

Exhibit C

December 20, 2021 / #PR00053 2 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 98 of 229
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 11/1/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) and P3 Authority to discuss revisions to 

financial model to inform P3 Authority generation transformation transaction 

due diligence.

Not in PR

6 Porter, Lucas 11/1/21 1.9 570.00 $ 1,083.00 $ Analyze PREPA accounting data received from E. Ortiz (PREPA) and A. 

Cabrera (FW) to inform updates to financial models for P3 Authority generation 

transformation transaction due diligence.

Not in PR

6 San Miguel, 

Jorge

11/1/21 1.7 620.00 $ 1,054.00 $ Review and prepare comments to the updated draft GridCo-GenCo Operating 

Agreement provided by P3 Authority in preparation for discussion with A. 

Rodriguez (PREPA), L. Santa (PREPA) and M. Zapata (PREPA).

PR

6 Porter, Lucas 11/2/21 1.1 570.00 $ 627.00 $ Finalize meeting materials for J. San Miguel (ACG), G. Gil (ACG) and K. 

Bolanos (DV) for discussion with PREPA management regarding the draft 

GridCo-GenCo Operating Agreement for the T&D transformation transaction.

Not in PR

6 Porter, Lucas 11/2/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss key takeaways from meeting 

with PREPA management regarding the draft GridCo-GenCo Operating 

Agreement for the T&D transformation transaction.

Not in PR

3 Marino, 

Nicholas

11/2/21 0.9 495.00 $ 445.50 $ Compare updated materials from J. Estrada (Luma) regarding summary of 

Annual Financial Information and Operating Data report to support FY 2022 

fiscal plan implementation per L. Porter (ACG) request.

Not in PR

3 San Miguel, 

Jorge

11/2/21 0.1 620.00 $ 62.00 $ Correspond with M. Zapata (PREPA) and G. Gil (ACG) regarding fiscal plan, 

transformation and DFMO matters.

PR

6 Gil, Gerard 11/2/21 0.3 500.00 $ 150.00 $ Participate on call with K. Bolanos (DV) to review and discuss materials on the 

T&D Agreement and GridCo-GenCo Operating Agreement draft in preparation 

for upcoming session with A. Rodriguez (PREPA).

PR

50 Smith, James 11/2/21 0.5 750.00 $ 375.00 $ Review a portion of the 10/27/21 PREPA Board of Directors meeting to collect 

information in preparation for the 11/5/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 11/2/21 0.3 875.00 $ 262.50 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

2 Keys, Jamie 11/2/21 0.6 330.00 $ 198.00 $ Revise the weekly cash flow outputs for the week ended 10/29/21 for additional 

comments provided by P. Crisalli (ACG).

Not in PR

2 Crisalli, Paul 11/2/21 0.5 875.00 $ 437.50 $ Prepare materials and related correspondence with Luma and PREPA regarding 

the weekly cash flow reports.

Not in PR

3 Porter, Lucas 11/2/21 0.3 570.00 $ 171.00 $ Review financial documents from L. Matias (PREPA) regarding financial 

statement updates required for FY 2022 fiscal plan implementation.

Not in PR

3 San Miguel, 

Jorge

11/2/21 0.1 620.00 $ 62.00 $ Correspond with M. Zapata (PREPA) and M. DiConza (OMM) regarding 

touchpoint to discuss fiscal plan and other Title III matters.

PR

25 Crisalli, Paul 11/2/21 1.5 875.00 $ 1,312.50 $ Review current draft of Ankura's twelfth interim fee application and provide 

comments to Ankura billing team.

Not in PR

3 San Miguel, 

Jorge

11/2/21 0.3 620.00 $ 186.00 $ Participate on call with L. Porter (ACG) to discuss financial reporting project 

update following meeting with J. Adrover (PREPA) and R. Arrieta (SM).

PR

6 Gil, Gerard 11/2/21 0.4 500.00 $ 200.00 $ Participate on call with K. Bolanos (DV) to discuss T&D Agreement and 

GridCo-GenCo Operating Agreement draft in preparation for upcoming session 

with A. Rodriguez (PREPA).

PR

6 Gil, Gerard 11/2/21 1.4 500.00 $ 700.00 $ Participate in working session with L. Porter (ACG) to develop meeting 

materials for discussion with PREPA management regarding the draft GridCoGenCo Operating Agreement for the T&D transformation transaction.

PR

6 Porter, Lucas 11/2/21 1.4 570.00 $ 798.00 $ Participate in working session with G. Gil (ACG) to develop meeting materials 

for discussion with PREPA management regarding the draft GridCo-GenCo 

Operating Agreement for the T&D transformation transaction.

Not in PR

3 Porter, Lucas 11/2/21 0.4 570.00 $ 228.00 $ Review request with supporting data from E. Ortiz (PREPA) for FY 2021 

budget variance report RFI from the FOMB.

Not in PR

3 Porter, Lucas 11/2/21 0.5 570.00 $ 285.00 $ Prepare revised information request with sample documentation for L. Matias 

(PREPA) and S. Cortez (FPVG) for revised financial statements required for FY 

2022 fiscal plan implementation.

Not in PR

25 Keys, Jamie 11/2/21 0.7 330.00 $ 231.00 $ Participate on telephone call with C. Parker (ACG) regarding the status of the 

twelfth interim fee application.

Not in PR

6 Gil, Gerard 11/2/21 1.5 500.00 $ 750.00 $ Participate in meeting with A. Rodriguez (PREPA), L. Santa (PREPA), J. San 

Miguel (ACG) and K. Bolanos (DV) regarding comments to the draft GridCoGenCo Operating Agreement provided by P3 Authority.

PR

40 San Miguel, 

Jorge

11/2/21 0.4 620.00 $ 248.00 $ Review the updated draft valuation report, provided by A. Sabbe (ACG) with 

input from Diaz & Vazquez, addressing comments from KPMG and Hacienda 

in order to finalize and issue the final valuation report.

PR

50 Marino, 

Nicholas

11/2/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/5/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 11/2/21 0.3 570.00 $ 171.00 $ Participate on call with J. San Miguel (ACG) to discuss financial reporting 

project update following meeting with J. Adrover (PREPA) and R. Arrieta 

(SM).

Not in PR

25 Keys, Jamie 11/2/21 1.4 330.00 $ 462.00 $ Prepare the twelfth interim fee application package for review by P. Crisalli 

(ACG).

Not in PR

25 Parker, 

Christine

11/2/21 0.9 200.00 $ 180.00 $ Update Exhibits A, B and C of the Ankura October 2021 monthly fee statement 

for information currently available.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 3 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 99 of 229
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

11/2/21 1.6 620.00 $ 992.00 $ Prepare edits and comments to the draft GridCo-GenCo Operating Agreement 

provided by P3 Authority related to generation transaction in preparation for 

meeting with A. Rodriguez (PREPA) and L. Santa (PREPA).

PR

6 San Miguel, 

Jorge

11/2/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding comments to the draft 

GridCo-GenCo Operating Agreement provided by P3 Authority representatives 

in preparation for meeting with PREPA management.

PR

2 Crisalli, Paul 11/2/21 0.4 875.00 $ 350.00 $ Review correspondence from J. Roque (Luma) regarding questions related to 

disbursement categorization per the daily cash report and update the weekly 

cash flow analyzes regarding the same.

Not in PR

2 Keys, Jamie 11/2/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast circulated by P. Crisalli (ACG). Not in PR

6 Porter, Lucas 11/2/21 0.2 570.00 $ 114.00 $ Correspond with K. Bolanos (DV) regarding meeting materials for discussion 

with PREPA management regarding the draft GridCo-GenCo Operating 

Agreement for the T&D transformation transaction.

Not in PR

60 Dirlam, Josh 11/2/21 1.5 293.00 $ 439.50 $ Verify remaining Issuer Moody's credit ratings of 100 Baa2 bond issues on 

Moody's website to support SWAP valuation analysis.

Not in PR

25 Crisalli, Paul 11/2/21 1.2 875.00 $ 1,050.00 $ Review current draft of the summary of fees by month and the exhibits to 

Ankura's twelfth interim fee application.

Not in PR

6 San Miguel, 

Jorge

11/2/21 0.8 620.00 $ 496.00 $ Participate in meeting with A. Rodriguez (PREPA), L. Santa (PREPA), G. Gil 

(ACG) and K. Bolanos (DV) regarding comments to the draft GridCo-GenCo 

Operating Agreement provided by P3 Authority (partial).

PR

6 Gil, Gerard 11/2/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss key takeaways from meeting 

with PREPA management regarding the draft GridCo-GenCo Operating 

Agreement for the T&D transformation transaction.

PR

3 Marino, 

Nicholas

11/2/21 1.4 495.00 $ 693.00 $ Update the PREPA FY 2021 fiscal plan overview presentation in advance of 

meeting with J. Colón (PREPA) per L. Porter (ACG) comments.

Not in PR

60 Dirlam, Josh 11/2/21 0.5 293.00 $ 146.50 $ Review the 6/30/21 SWAP valuation model prior to distribution to L. Costa 

(ACG) for her review of the final valuation.

Not in PR

25 Parker, 

Christine

11/2/21 0.7 200.00 $ 140.00 $ Participate on telephone call with J. Keys (ACG) regarding the status of the 

twelfth interim fee application.

Not in PR

40 Carr, Scott 11/2/21 0.5 615.00 $ 307.50 $ Revise Ankura report on PREPA's excess vacation liabilities based on 

comments from counsel.

Not in PR

6 Gil, Gerard 11/2/21 1.3 500.00 $ 650.00 $ Review PREB Order and Resolutions on the initial budget in preparation for 

upcoming meeting with PREPA management related to the GridCo-GenCo 

Operating Agreement.

PR

40 Sabbe, Angela 11/2/21 0.8 570.00 $ 456.00 $ Finalize edits and transmit updated Ankura report on potential excess vacation 

liability.

Not in PR

6 Gil, Gerard 11/2/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding comments to the 

draft GridCo-GenCo Operating Agreement provided by P3 Authority 

representatives in preparation for meeting with PREPA management.

PR

2 Keys, Jamie 11/2/21 0.8 330.00 $ 264.00 $ Participate on telephone call with J. Rosado (ARI) regarding estimated 

streetlight payments and reimbursements for use in the cash flow forecast.

Not in PR

3 Keys, Jamie 11/2/21 1.2 330.00 $ 396.00 $ 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

25 Parker, 

Christine

11/2/21 1.0 200.00 $ 200.00 $ Assemble time descriptions for the period 10/1/21 - 10/9/21 for inclusion in the 

Ankura October 2021 monthly fee statement.

Not in PR

6 Porter, Lucas 11/2/21 0.4 570.00 $ 228.00 $ Participate on call with N. Morales (PREPA) and J. Roque (Luma) regarding 

T&D service account funding for T&D transformation transaction.

Not in PR

6 San Miguel, 

Jorge

11/2/21 0.6 620.00 $ 372.00 $ Review table provided by L. Porter (ACG) analyzing draft GridCo-GenCo 

Operating Agreement vs TDOMA provisions in preparation for meeting with A. 

Rodriguez (PREPA) and L. Santa (PREPA).

PR

50 Smith, James 11/2/21 0.6 750.00 $ 450.00 $ Review recent news and legislative information related to Luma and PREPA 

and update draft notes in preparation for the 11/5/21 bi-weekly mediation call.

Not in PR

60 Dirlam, Josh 11/2/21 0.7 293.00 $ 205.10 $ Finalize the Credit Value Adjustment analysis and conclude on the methodology 

and assumptions to use in the 6/30/21 SWAP valuation model.

Not in PR

60 Dirlam, Josh 11/2/21 0.3 293.00 $ 87.90 $ Prepare the 6/30/21 SWAP valuation for review by A. Singh (ACG) as 

requested by L. Costa (ACG).

Not in PR

2 Crisalli, Paul 11/3/21 0.8 875.00 $ 700.00 $ Develop the October 2021 monthly accounts receivable reporting and 

presentation material templates.

Not in PR

2 Crisalli, Paul 11/3/21 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 Porter, Lucas 11/3/21 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 

10/31/21 required by the FY 2022 certified fiscal plan.

Not in PR

3 Gil, Gerard 11/3/21 1.4 500.00 $ 700.00 $ Participate in meeting with N. Morales (PREPA) and J. San Miguel (ACG) to 

review and discuss PREPA budget development, FOMB reporting obligations, 

and budget-to-actuals reporting. 

PR

3 Porter, Lucas 11/3/21 1.5 570.00 $ 855.00 $ Prepare the generation operational report for the week ending 10/31/21 based on 

data received from G. Soto (Luma) for FOMB as required by the PREPA FY 

2022 fiscal plan.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 4 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 100 of 229
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 11/3/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss requested revisions to the FY 

2022 fiscal plan overview presentation for 11/6/21 meeting with PREPA 

management.

PR

25 Parker, 

Christine

11/3/21 2.1 200.00 $ 420.00 $ Review time descriptions to the Ankura October 2021 monthly fee statement for 

information currently assembled.

Not in PR

2 Crisalli, Paul 11/3/21 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

11/3/21 0.6 620.00 $ 372.00 $ Review the PREB resolution and order, provided by J. Smith (ACG) and issued 

to PREPA, related to renewable energy procurement developments to inform the 

11/5/21 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

11/3/21 1.6 495.00 $ 792.00 $ Participate in working session with L. Porter (ACG) to develop revised financial 

exhibits for the FY 2022 fiscal plan overview presentation for PREPA 

management.

Not in PR

50 Keys, Jamie 11/3/21 0.7 330.00 $ 231.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

2 Crisalli, Paul 11/3/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 10/29/21. Not in PR

50 Crisalli, Paul 11/3/21 0.5 875.00 $ 437.50 $ Develop the cash flow and liquidity materials and related discussion points 

related to PREPA's cash flow forecast in preparation for the 11/5/21 bi-weekly 

mediation call.

Not in PR

3 San Miguel, 

Jorge

11/3/21 1.4 620.00 $ 868.00 $ Participate in meeting with N. Morales (PREPA) and G. Gil (ACG) to review 

and discuss PREPA budget development, FOMB reporting obligations, and 

budget-to-actuals reporting.

PR

3 Porter, Lucas 11/3/21 0.2 570.00 $ 114.00 $ Review the updated fleet status report provided by J. Smith (ACG) for the 

10/31/21 generation operating report submittal to the FOMB required by the FY 

2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

11/3/21 1.2 495.00 $ 594.00 $ Continue revising Generation Directorate budget-to-actuals Monthly Analysis to 

track FY 2022 Generation expenditures and variances from budget received per 

updated materials received N. Morales (PREPA).

Not in PR

25 Keys, Jamie 11/3/21 0.7 330.00 $ 231.00 $ Review the latest draft of the twelfth interim fee application provided by P. 

Crisalli (ACG).

Not in PR

50 Marino, 

Nicholas

11/3/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/5/21 bi-weekly mediation call.

Not in PR

50 Smith, James 11/3/21 1.5 750.00 $ 1,125.00 $ Prepare initial outline and draft discussion notes for the 11/5/21 bi-weekly 

mediation call.

Not in PR

3 Marino, 

Nicholas

11/3/21 0.7 495.00 $ 346.50 $ Begin creating the FY 2021 necessary maintenance expense detailed project 

level budget-to-actual variance analysis per L. Porter (ACG) request in response 

to RFI from FOMB.

Not in PR

6 Porter, Lucas 11/3/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss comments to revised materials 

related to the GridCo-GenCo Operating Agreement for the T&D transaction and 

P3 Authority generation transformation transaction.

Not in PR

3 San Miguel, 

Jorge

11/3/21 1.2 620.00 $ 744.00 $ Review proposed response from PREPA provided by K. Malone (K&S) to DOE 

RFI and comments on renewable energy project procurement process in 

preparation for meeting with F. Santos (PREPA) and K. Malone (K&S).

PR

50 Keys, Jamie 11/3/21 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

25 Keys, Jamie 11/3/21 0.3 330.00 $ 99.00 $ Review updates to the SWAP portfolio section of the twelfth interim fee 

application provided by P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 11/3/21 0.6 570.00 $ 342.00 $ 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

50 Crisalli, Paul 11/3/21 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 Crisalli, Paul 11/3/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

50 Keys, Jamie 11/3/21 0.3 330.00 $ 99.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

40 Sabbe, Angela 11/3/21 1.0 570.00 $ 570.00 $ Update the draft report on excess vacation liability and supporting materials. Not in PR

50 San Miguel, 

Jorge

11/3/21 0.7 620.00 $ 434.00 $ Review draft agenda provided by J. Smith (ACG) in preparation for this week's 

creditor call.

PR

50 Crisalli, Paul 11/3/21 0.8 875.00 $ 700.00 $ Participate on call with J. San Miguel (ACG) to discuss updates for the 11/5/21 

bi-weekly mediation call.

Not in PR

50 Keys, Jamie 11/3/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution. Not in PR

3 Smith, James 11/3/21 0.6 750.00 $ 450.00 $ 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 11/3/21 0.9 570.00 $ 513.00 $ Analyze FY 2021 revenue and sales data prepared by J. Estrada (Luma) to 

inform financial exhibits for the FY 2022 fiscal plan overview presentation for 

PREPA management.

Not in PR

6 Porter, Lucas 11/3/21 1.0 570.00 $ 570.00 $ Analyze FY 2022 fiscal plan generation dispatch data prepared by M. Saenz 

(Siemens) to inform P3 Authority generation transformation transaction due 

diligence materials.

Not in PR

50 Keys, Jamie 11/3/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding changes to the FEMA flash report. Not in PR

Exhibit C

December 20, 2021 / #PR00053 5 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 101 of 229
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 11/3/21 1.2 330.00 $ 396.00 $ Prepare the weekly FEMA flash report for the week ended 10/29/21 for review 

by P. Crisalli (ACG).

Not in PR

40 San Miguel, 

Jorge

11/3/21 0.1 620.00 $ 62.00 $ Participate in discussion with J. Adrover (PREPA) regarding pending updates to 

draft valuation report on excess vacation claim.

PR

3 Marino, 

Nicholas

11/3/21 0.3 495.00 $ 148.50 $ Read and review the FOMB 10/26/21 letter to PREPA regarding the Section 

203 reports request.

Not in PR

51 Keys, Jamie 11/3/21 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to project 

worksheet information included in the weekly project worksheet status report.

Not in PR

3 San Miguel, 

Jorge

11/3/21 0.9 620.00 $ 558.00 $ Review FY 2022 budget related and FOMB correspondence in preparation for 

meeting with N. Morales (PREPA).

PR

50 San Miguel, 

Jorge

11/3/21 0.8 620.00 $ 496.00 $ Participate on call with P. Crisalli (ACG) to discuss updates for the 11/5/21 biweekly mediation call.PR

50 Smith, James 11/3/21 0.6 750.00 $ 450.00 $ Review the PREB regulatory docket and filings related to PREPA and Luma in 

preparation for the 11/5/21 bi-weekly mediation call.

Not in PR

6 Gil, Gerard 11/3/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss comments to revised 

materials related to the GridCo-GenCo Operating Agreement for the T&D 

transaction and P3 Authority generation transformation transaction.

PR

25 Parker, 

Christine

11/3/21 1.5 200.00 $ 300.00 $ Assemble time descriptions for the period 10/10/21 - 10/16/21 for inclusion in 

the Ankura October 2021 monthly fee statement.

Not in PR

50 Keys, Jamie 11/3/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

40 San Miguel, 

Jorge

11/3/21 0.6 620.00 $ 372.00 $ Prepare correspondence to S. Carr (ACG), A. Sabbe (ACG) and M. DiConza 

(OMM) regarding final edits to draft valuation report and filing with client for 

discussion with Hacienda and KPMG.

PR

3 Porter, Lucas 11/3/21 1.6 570.00 $ 912.00 $ Participate in working session with N. Marino (ACG) to develop revised 

financial exhibits for the FY 2022 fiscal plan overview presentation for PREPA 

management.

Not in PR

3 Porter, Lucas 11/3/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss requested revisions to the FY 

2022 fiscal plan overview presentation for 11/6/21 meeting with PREPA 

management.

Not in PR

3 Marino, 

Nicholas

11/3/21 1.5 495.00 $ 742.50 $ Begin revising the PREPA FY 2021 fiscal plan overview presentation in 

advance of meeting with J. Colón (PREPA).

Not in PR

50 Keys, Jamie 11/3/21 0.9 330.00 $ 297.00 $ Review the weekly project worksheet status report provided by S. Diaz (ARI) 

for use in the weekly FEMA flash report.

Not in PR

6 Gil, Gerard 11/4/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss RFI from P3 Authority to 

inform the P3 Authority generation transformation transaction due diligence 

process.

PR

50 Keys, Jamie 11/4/21 0.7 330.00 $ 231.00 $ Review the generation fleet status report prior to the 11/5/21 bi-weekly 

mediation call.

Not in PR

50 Gil, Gerard 11/4/21 0.5 500.00 $ 250.00 $ Review and provide input on materials for the 11/5/21 bi-weekly mediation call. PR

6 Gil, Gerard 11/4/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG), L. Santa (PREPA), A. Rodriguez 

(PREPA) and P3 Authority representatives regarding status of the GridCoGenCo Operating Agreement.

PR

6 San Miguel, 

Jorge

11/4/21 0.6 620.00 $ 372.00 $ Review and analyze list of RFCs provided by P3 Authority related to legacy 

generation sites, environmental and land use matters related to the privatization 

procurement process.

PR

50 San Miguel, 

Jorge

11/4/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding transformation initiative 

updates for the 11/5/21 bi-weekly mediation call.

PR

50 Smith, James 11/4/21 0.3 750.00 $ 225.00 $ Participate on call with J. San Miguel (ACG) regarding the PREB resolution on 

renewable energy project procurement matters to inform discussion points 

during the 11/5/21 bi-weekly mediation call.

Not in PR

50 Smith, James 11/4/21 1.1 750.00 $ 825.00 $ Review and compile the October generation operations and outage reports 

received from G. Soto (Luma) in support of the creditor reporting workstream.

Not in PR

2 Keys, Jamie 11/4/21 0.8 330.00 $ 264.00 $ Review liquidity and cash management milestone reporting circulated by P. 

Crisalli (ACG).

Not in PR

50 Porter, Lucas 11/4/21 0.8 570.00 $ 456.00 $ Revise draft meeting notes received from J. Smith (ACG) and J. San Miguel 

(ACG) to include fuel supply-related information for the 11/5/21 bi-weekly 

mediation call.

Not in PR

3 Gil, Gerard 11/4/21 0.3 500.00 $ 150.00 $ Review latest cash flow and related fiscal plan reports in preparation of 

upcoming discussions with PREPA management.

PR

50 Smith, James 11/4/21 1.5 750.00 $ 1,125.00 $ Prepare the fleet status report for distribution to creditors for the 11/5/21 biweekly mediation call.

Not in PR

50 San Miguel, 

Jorge

11/4/21 0.5 620.00 $ 310.00 $ Review list of recent regulatory, legal, financial developments provided by N. 

Marino (ACG) in support of the 11/5/21 bi-weekly mediation call.

PR

3 Crisalli, Paul 11/4/21 1.2 875.00 $ 1,050.00 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 10/15/21, 10/22/21 and 

10/29/21.

Not in PR

50 Keys, Jamie 11/4/21 0.5 330.00 $ 165.00 $ Prepare the weekly excel files for FOMB reporting. Not in PR

Exhibit C

December 20, 2021 / #PR00053 6 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 102 of 229
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

11/4/21 0.6 620.00 $ 372.00 $ Participate in meeting with A. Rodriguez (PREPA), L. Santa (PREPA) and G. 

Gil (ACG) to discuss the GridCo-GenCo Operating Agreement and Agreed 

Operating Procedures draft agreements.

PR

6 Gil, Gerard 11/4/21 0.4 500.00 $ 200.00 $ Participate on call with P3 Authority representatives to discuss various due 

diligence requests received from P3 Authority generation transformation 

transaction proponents.

PR

6 Porter, Lucas 11/4/21 2.2 570.00 $ 1,254.00 $ Revise analysis of Generation O&M budget and actual data received from L. 

Matias (PREPA) to inform updates to P3 Authority generation transformation 

transaction due diligence materials. 

Not in PR

6 San Miguel, 

Jorge

11/4/21 0.4 620.00 $ 248.00 $ Review and comment draft talking points provided by G. Gil (ACG) related to 

the GridCo-GenCo Operating Agreement and Agreed Operating Procedures 

agreements for discussion with A. Rodriguez (PREPA).

PR

25 Crisalli, Paul 11/4/21 0.5 875.00 $ 437.50 $ Review current draft of Ankura's twelfth interim fee application and provide 

comments to Ankura billing team.

Not in PR

25 Parker, 

Christine

11/4/21 2.2 200.00 $ 440.00 $ Review time descriptions to the Ankura October 2021 monthly fee statement for 

information currently assembled.

Not in PR

6 Gil, Gerard 11/4/21 0.1 500.00 $ 50.00 $ Participate on call with A. Rodriguez (PREPA) regarding upcoming meeting to 

discuss the GridCo-GenCo Operating Agreement.

PR

50 San Miguel, 

Jorge

11/4/21 0.6 620.00 $ 372.00 $ Review PREB resolution related to IRP compliance matters and the renewable 

energy procurement process to inform update for creditor stakeholders.

PR

50 Marino, 

Nicholas

11/4/21 0.3 495.00 $ 148.50 $ Aggregate PREPA-related news press releases for selected topics requested by J. 

San Miguel (ACG) to inform discussion materials for the 11/5/21 bi-weekly 

mediation call.

Not in PR

3 Marino, 

Nicholas

11/4/21 0.7 495.00 $ 346.50 $ Update the PREPA FY 2021 fiscal plan overview financial model exhibits 

following working session with L. Porter (ACG).

Not in PR

6 Gil, Gerard 11/4/21 0.9 500.00 $ 450.00 $ Prepare memorandum requested by A. Rodriguez (PREPA) regarding 

background and key open items on the GridCo-GenCo Operating Agreement in 

advance of discussion with PREPA CEO.

PR

50 Marino, 

Nicholas

11/4/21 1.5 495.00 $ 742.50 $ Aggregate PREPA-related news for J. San Miguel and J. Smith (ACG) to inform 

discussion materials for the 11/5/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

11/4/21 0.3 620.00 $ 186.00 $ Review the cash flow and liquidity update provided by P. Crisalli (ACG) for use 

during the 11/5/21 bi-weekly mediation call.

PR

50 Keys, Jamie 11/4/21 0.7 330.00 $ 231.00 $ Review the 11/5/21 bi-weekly mediation call agenda provided by J. Smith 

(ACG).

Not in PR

6 Porter, Lucas 11/4/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG), L. Santa (PREPA), A. Rodriguez 

(PREPA) and P3 Authority representatives regarding status of the GridCoGenCo Operating Agreement.

Not in PR

50 San Miguel, 

Jorge

11/4/21 1.7 620.00 $ 1,054.00 $ Review and provide comments to the draft update agenda for the 11/5/21 biweekly mediation call.PR

60 Singh, Abhijit 11/4/21 0.7 185.00 $ 129.50 $ Review the 6/30/21 SWAP valuation and Credit Value Adjustment analysis. Not in PR

3 Marino, 

Nicholas

11/4/21 1.8 495.00 $ 891.00 $ Revise the PREPA FY 2021 fiscal plan overview presentation in advance of 

meeting with J. Colón (PREPA).

Not in PR

3 Marino, 

Nicholas

11/4/21 2.1 495.00 $ 1,039.50 $ Continue revising the PREPA FY 2021 fiscal plan overview presentation in 

advance of meeting with J. Colón (PREPA) following working session with L. 

Porter (ACG).

Not in PR

25 Keys, Jamie 11/4/21 1.1 330.00 $ 363.00 $ Review the latest draft of the twelfth interim fee application. Not in PR

6 Porter, Lucas 11/4/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss RFI from P3 Authority to 

inform the P3 Authority generation transformation transaction due diligence 

process.

Not in PR

6 Gil, Gerard 11/4/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss additional RFI received from 

P3 Authority to inform the P3 Authority generation transformation transaction 

due diligence process.

PR

50 Porter, Lucas 11/4/21 0.5 570.00 $ 285.00 $ Review the PREPA fuel supply contract and pricing information to inform 

updates for the 11/5/21 bi-weekly mediation call.

Not in PR

6 Gil, Gerard 11/4/21 0.6 500.00 $ 300.00 $ Participate in meeting with A. Rodriguez (PREPA), L. Santa (PREPA) and J. 

San Miguel (ACG) to discuss the GridCo-GenCo Operating Agreement and 

Agreed Operating Procedures draft agreements.

PR

50 Smith, James 11/4/21 1.4 750.00 $ 1,050.00 $ Update draft outline for the 11/5/21 bi-weekly mediation call based on 

comments and materials received from J. San Miguel (ACG).

Not in PR

50 San Miguel, 

Jorge

11/4/21 0.3 620.00 $ 186.00 $ Participate on call with J. Smith (ACG) regarding the PREB resolution on 

renewable energy project procurement matters to inform discussion points 

during the 11/5/21 bi-weekly mediation call.

PR

50 Gil, Gerard 11/4/21 0.4 500.00 $ 200.00 $ Review the latest PREB orders in preparation for the 11/5/21 bi-weekly 

mediation call.

PR

3 San Miguel, 

Jorge

11/4/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) to discuss FY 2022 fiscal plan cash 

flow and liquidity-related post-certification and milestone reporting.

PR

3 Crisalli, Paul 11/4/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to discuss FY 2022 fiscal plan 

cash flow and liquidity-related post-certification and milestone reporting.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 7 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 103 of 229
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 11/4/21 0.4 570.00 $ 228.00 $ Review draft meeting notes received from J. Smith (ACG) and J. San Miguel 

(ACG) for the 11/5/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

11/4/21 0.1 620.00 $ 62.00 $ Distribute the weekly post-certification cash flow and liquidity reports to M. 

Zapata (PREPA).

PR

6 Gil, Gerard 11/4/21 0.4 500.00 $ 200.00 $ Review and analyze requests for clarification received from proponents related 

to the P3 Authority generation transformation transaction.

PR

6 Porter, Lucas 11/4/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss additional RFI received from P3 

Authority to inform the P3 Authority generation transformation transaction due 

diligence process.

Not in PR

6 San Miguel, 

Jorge

11/4/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Gil (ACG) regarding request received from P3 

Authority for support in responding to Generation procurement proponents 

RFCs.

PR

6 Porter, Lucas 11/4/21 1.3 570.00 $ 741.00 $ Analyze FY 2022 fiscal plan and budget data received from L. Matias (PREPA) 

to inform responding materials requested by G. Gil (ACG) related to the P3 

Authority generation transformation transaction due diligence process.

Not in PR

50 Crisalli, Paul 11/4/21 1.2 875.00 $ 1,050.00 $ Develop additional supporting analyses-related notes for the cash flow and 

liquidly section of the talking points for the 11/5/21 bi-weekly mediation call.

Not in PR

6 Gil, Gerard 11/4/21 0.3 500.00 $ 150.00 $ Participate in discussion with J. San Miguel (ACG) regarding request received 

from P3 Authority for support in responding to Generation procurement 

proponents RFCs.

PR

3 San Miguel, 

Jorge

11/4/21 0.1 620.00 $ 62.00 $ Participate on call with R. Zampierollo (PREPA) regarding weekly post 

certification reporting on cash flow and liquidity milestones.

PR

50 San Miguel, 

Jorge

11/4/21 0.9 620.00 $ 558.00 $ Review the weekly post-certification cash flow and liquidity reports to inform 

discussion points for the 11/5/21 bi-weekly mediation call.

PR

50 Smith, James 11/4/21 1.2 750.00 $ 900.00 $ Update draft outline for the 11/5/21 bi-weekly mediation call based on material 

received from N. Marino (ACG) and other relevant news and regulatory 

information. 

Not in PR

50 Gil, Gerard 11/4/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding transformation 

initiative updates for the 11/5/21 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

11/5/21 0.9 495.00 $ 445.50 $ Participate in working session with L. Porter (ACG) to revise financial exhibits 

for the FY 2022 fiscal plan overview presentation for PREPA management.

Not in PR

6 Porter, Lucas 11/5/21 0.2 570.00 $ 114.00 $ Correspond with S. Rodriguez (Luma) regarding data for the PREPA generation 

shared services cost analysis.

Not in PR

60 Dirlam, Josh 11/5/21 0.5 293.00 $ 146.50 $ Participate in discussion with L. Costa (ACG) regarding the 6/30/21 valuation 

analysis, reviewed assumptions and inputs of the Credit Value Adjustment.

Not in PR

3 Gil, Gerard 11/5/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 budget and 

related Generation expenditures for 11/6/21 meeting with CEO and other 

PREPA management.

PR

3 Gil, Gerard 11/5/21 1.4 500.00 $ 700.00 $ Participate in working session with A. Rodriguez (PREPA) in preparation for 

upcoming strategy working session with PREPA CEO regarding various FY 

2022 fiscal plan and transformation-related matters.

PR

3 Gil, Gerard 11/5/21 0.4 500.00 $ 200.00 $ Participate on calls with L. Porter (ACG) to discuss FY 2022 fiscal plan 

implementation reporting.

PR

50 San Miguel, 

Jorge

11/5/21 0.2 620.00 $ 124.00 $ Participate in discussion with G. Gil (ACG) regarding preparation for the biweekly mediation call.PR

3 Porter, Lucas 11/5/21 0.7 570.00 $ 399.00 $ Analyze PREPA budget variance report submittals to FOMB to inform updates 

to materials for G. Gil (ACG) for meeting with J. Colon (PREPA) and other 

PREPA management on 11/6/21.

Not in PR

50 Crisalli, Paul 11/5/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to discuss various cash flow and 

liquidity-related items prior to the bi-weekly mediation call.

Not in PR

3 Gil, Gerard 11/5/21 1.8 500.00 $ 900.00 $ Prepare materials for upcoming working session with the new PREPA 

management team regarding various FY 2022 fiscal plan and transformationrelated matters.

PR

25 Keys, Jamie 11/5/21 1.2 330.00 $ 396.00 $ Prepare documents for the thirteenth interim fee application. Not in PR

50 Porter, Lucas 11/5/21 0.3 570.00 $ 171.00 $ Review updated draft meeting notes from J. San Miguel (ACG) in preparation 

for the bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 11/5/21 1.1 875.00 $ 962.50 $ Review renewables, medical benefit payment, co-generation and fleet and 

storage related accounts payable aging and supplier payment history and update 

the PREPA cash flow model supporting analysis regarding the same.

Not in PR

6 Gil, Gerard 11/5/21 0.6 500.00 $ 300.00 $ Participate in discussion with A. Rodriguez (PREPA) regarding draft GridCoGenCo Operating Agreement edits, input from Luma and final preparation for 

upcoming discussion with PREPA CEO.

PR

50 San Miguel, 

Jorge

11/5/21 0.4 620.00 $ 248.00 $ Participate on the bi-weekly mediation call. PR

3 Porter, Lucas 11/5/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss the FY 2022 fiscal plan 

overview presentation for meeting with PREPA management on 11/6/21.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 8 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 104 of 229
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

11/5/21 1.7 200.00 $ 340.00 $ Update Exhibits A, B and C of the Ankura October 2021 monthly fee statement 

for information currently available.

Not in PR

3 Porter, Lucas 11/5/21 0.9 570.00 $ 513.00 $ Prepare detailed timeline of the FY 2021 budget development process for G. Gil 

(ACG) in preparation for meeting with J. Colon (PREPA) and other PREPA 

management on 11/6/21.

Not in PR

3 Marino, 

Nicholas

11/5/21 1.9 495.00 $ 940.50 $ Update the PREPA FY 2021 fiscal plan overview financial model exhibits 

following working session with L. Porter (ACG).

Not in PR

50 San Miguel, 

Jorge

11/5/21 1.7 620.00 $ 1,054.00 $ Review and revise update report in advance of the bi-weekly mediation call. PR

50 Gil, Gerard 11/5/21 0.2 500.00 $ 100.00 $ Participate in discussion with J. San Miguel (ACG) regarding preparation for 

the bi-weekly mediation call.

PR

50 Keys, Jamie 11/5/21 0.3 330.00 $ 99.00 $ Review the final agenda provided by J. Smith (ACG) prior to the bi-weekly 

mediation call.

Not in PR

25 Keys, Jamie 11/5/21 0.3 330.00 $ 99.00 $ Participate on telephone call with C. Parker (ACG) regarding the status of the 

Ankura October 2021 monthly fee statement.

Not in PR

50 San Miguel, 

Jorge

11/5/21 0.9 620.00 $ 558.00 $ Review and study PREB docket resolutions and orders on PREPA, Luma 

transformation and renewable energy procurement initiatives, generation fleet 

report in preparation for the bi-weekly mediation call.

PR

3 Gil, Gerard 11/5/21 0.5 500.00 $ 250.00 $ Participate in discussion with FOMB representative regarding FY 2022 fiscal 

plan implementation.

PR

3 Porter, Lucas 11/5/21 0.9 570.00 $ 513.00 $ Participate in working session with N. Marino (ACG) to revise financial exhibits 

for the FY 2022 fiscal plan overview presentation for PREPA management.

Not in PR

25 Keys, Jamie 11/5/21 0.7 330.00 $ 231.00 $ Participate on telephone call with C. Parker (ACG) regarding the status of the 

twelfth interim fee application.

Not in PR

50 San Miguel, 

Jorge

11/5/21 0.2 620.00 $ 124.00 $ Correspond with P. Crisalli (ACG) and L. Porter (ACG) regarding creditor RFI 

and next steps.

PR

6 Gil, Gerard 11/5/21 1.0 500.00 $ 500.00 $ Participate on call with M. Hurtado (Luma) to review and discuss the draft 

GridCo-GenCo Agreement.

PR

50 Smith, James 11/5/21 0.1 750.00 $ 75.00 $ Review generation operations and outage report for 11/4/21 received from G. 

Soto (Luma) in advance of the bi-weekly mediation call.

Not in PR

3 Gil, Gerard 11/5/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 fiscal plan 

overview presentation for meeting with PREPA management on 11/6/21.

PR

3 Gil, Gerard 11/5/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding agenda items 

related to fiscal plan and transformation developments in preparation for 

meeting with PREPA management on 11/6/21.

PR

50 Porter, Lucas 11/5/21 0.3 570.00 $ 171.00 $ Participate on call with J. San Miguel (ACG), P. Crisalli (ACG) and creditor 

representatives regarding follow-up questions from the bi-weekly creditor call.

Not in PR

50 Keys, Jamie 11/5/21 0.5 330.00 $ 165.00 $ Review questions from the bi-weekly mediation call circulated by N. Marino 

(ACG).

Not in PR

50 Crisalli, Paul 11/5/21 0.3 875.00 $ 262.50 $ Prepare for the bi-weekly mediation call. Not in PR

3 Porter, Lucas 11/5/21 0.4 570.00 $ 228.00 $ Participate on calls with G. Gil (ACG) to discuss FY 2022 fiscal plan 

implementation reporting.

Not in PR

25 Parker, 

Christine

11/5/21 0.7 200.00 $ 140.00 $ Participate on telephone call with J. Keys (ACG) regarding the status of the 

twelfth interim fee application.

Not in PR

3 Porter, Lucas 11/5/21 1.2 570.00 $ 684.00 $ Analyze PREPA budget and actual cost data for G. Gil (ACG) to inform 

discussion with J. Colon (PREPA) and other PREPA management on 11/6/21.

Not in PR

3 Marino, 

Nicholas

11/5/21 2.8 495.00 $ 1,386.00 $ Revise the PREPA FY 2021 fiscal plan overview presentation in advance of 

meeting with J. Colón (PREPA) following working session with L. Porter 

(ACG).

Not in PR

25 Parker, 

Christine

11/5/21 0.3 200.00 $ 60.00 $ Participate on telephone call with J. Keys (ACG) regarding the status of the 

Ankura October 2021 monthly fee statement.

Not in PR

60 Costa, Lindsey 11/5/21 1.3 460.00 $ 598.00 $ Review and provide comments to the 2021 Interest Rate SWAP valuation 

models for the UBS and JP Morgan interest rate SWAPs.

Not in PR

50 Marino, 

Nicholas

11/5/21 0.2 495.00 $ 99.00 $ Aggregate and edit creditor representative questions during the bi-weekly 

mediation call for distribution to the Ankura team.

Not in PR

50 Gil, Gerard 11/5/21 0.4 500.00 $ 200.00 $ Participate on the bi-weekly mediation call. PR

3 Porter, Lucas 11/5/21 0.2 570.00 $ 114.00 $ Review the 11/5/21 updated draft FY 2022 fiscal plan overview presentation 

received from N. Marino (ACG) for meeting with J. Colon (PREPA) and other 

PREPA management on 11/6/21.

Not in PR

60 Costa, Lindsey 11/5/21 0.5 460.00 $ 230.00 $ Participate in discussion with J. Dirlam (ACG) regarding the 6/30/21 valuation 

analysis, reviewed assumptions and inputs of the Credit Value Adjustment.

Not in PR

50 Crisalli, Paul 11/5/21 0.4 875.00 $ 350.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Porter, Lucas 11/5/21 0.4 570.00 $ 228.00 $ Participate on the bi-weekly mediation call. Not in PR

3 Porter, Lucas 11/5/21 0.5 570.00 $ 285.00 $ Review the updated draft FY 2022 fiscal plan overview presentation received 

from N. Marino (ACG) for the 11/6/21 meeting with J. Colon (PREPA) and 

other PREPA management.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 9 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 105 of 229
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 11/5/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss the FY 2022 budget and related 

Generation expenditures for 11/6/21 meeting with CEO and other PREPA 

management.

Not in PR

60 Costa, Lindsey 11/5/21 2.2 460.00 $ 1,012.00 $ Review and provide comments to the Credit Value Adjustment support for the 

2021 Interest Rate SWAP valuation.

Not in PR

25 Keys, Jamie 11/5/21 1.0 330.00 $ 330.00 $ Prepare the twelfth interim fee application package for review by P. Crisalli 

(ACG).

Not in PR

50 Marino, 

Nicholas

11/5/21 0.4 495.00 $ 198.00 $ Participate on the bi-weekly mediation call. Not in PR

3 San Miguel, 

Jorge

11/5/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding agenda items related to 

fiscal plan and transformation developments in preparation for meeting with 

PREPA management on 11/6/21.

PR

50 Marino, 

Nicholas

11/5/21 0.3 495.00 $ 148.50 $ Aggregate PREPA ARPA funding materials for J. San Miguel (ACG) in 

advance of the bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 11/5/21 0.8 875.00 $ 700.00 $ Update the monthly cash flow schedules for actuals through October 2021 to 

inform cash flow and bank balance reporting.

Not in PR

50 San Miguel, 

Jorge

11/5/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG) and creditor 

representatives regarding follow-up questions from the bi-weekly mediation 

call.

PR

50 Keys, Jamie 11/5/21 0.4 330.00 $ 132.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Smith, James 11/5/21 0.4 750.00 $ 300.00 $ Participate on the bi-weekly mediation call. Not in PR

6 Gil, Gerard 11/5/21 0.7 500.00 $ 350.00 $ Review the GridCo-GenCo Operating Agreement edits and prepare suggested 

changes for PREPA's consideration.

PR

50 Crisalli, Paul 11/5/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG), L. Porter (ACG) and creditor 

representatives regarding follow-up questions from the bi-weekly creditor call.

Not in PR

2 Crisalli, Paul 11/5/21 0.9 875.00 $ 787.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

11/5/21.

Not in PR

50 Smith, James 11/5/21 0.8 750.00 $ 600.00 $ Review open items and provide update to J. San Miguel (ACG) to inform 

materials for the bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

11/5/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) to discuss various cash flow and 

liquidity-related items prior to the bi-weekly mediation call.

PR

3 Gil, Gerard 11/6/21 4.0 500.00 $ 2,000.00 $ Participate in working session with the new PREPA management team to 

discuss the GridCo-GenCo Operating Agreement, FY 2022 budget, FY 2022 

fiscal plan, and development of the FY 2023 budget and fiscal plan. 

PR

3 Gil, Gerard 11/6/21 1.8 500.00 $ 900.00 $ Participate in second part of working session with the new PREPA management 

team to discuss the GridCo-GenCo Operating Agreement, FY 2022 budget, FY 

2022 fiscal plan, and development of the FY 2023 budget and fiscal plan.

PR

3 Porter, Lucas 11/6/21 0.3 570.00 $ 171.00 $ Review takeaways from meeting with J. Colon (PREPA) and other PREPA 

management regarding the FY 2022 fiscal plan and related matters.

Not in PR

3 Gil, Gerard 11/8/21 2.6 500.00 $ 1,300.00 $ Participate in working session with N. Morales (PREPA) to review and discuss 

FY 2023 budget deliverables, implications of GridCo-GenCo Operating 

Agreement negotiations on budget development, FY 2022 budget reallocations, 

and various FOMB requests for information on labor expenses, projected hiring 

for FY 2022, and FY 2021 4Q budget-to-actuals variance explanations.

PR

3 San Miguel, 

Jorge

11/8/21 0.2 620.00 $ 124.00 $ Participate on call with J. Adrover (PREPA) regarding financial disclosure 

matters related to PREPA and next steps.

PR

3 Gil, Gerard 11/8/21 0.8 500.00 $ 400.00 $ Participate in meeting with J. San Miguel (ACG) to discuss next steps and 

takeaways from meeting with J. Colon (PREPA) and executive management 

related to generation budgeting, fiscal plan developments and privatization 

initiatives.

PR

3 San Miguel, 

Jorge

11/8/21 1.0 620.00 $ 620.00 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss directions 

from J. Colon (PREPA) regarding FY 2022 fiscal plan implementation.

PR

6 Porter, Lucas 11/8/21 0.2 570.00 $ 114.00 $ Review the P3 Authority generation transformation transaction RFP addendum. Not in PR

3 San Miguel, 

Jorge

11/8/21 0.5 620.00 $ 310.00 $ Review draft list of financial and operational reporting and related cadences in 

preparation for discussion with N. Morales (PREPA).

PR

6 San Miguel, 

Jorge

11/8/21 0.7 620.00 $ 434.00 $ Review financial and operational reporting letter from PREPA to P3 Authority 

and response thereto from P3 Authority for preparation of reporting cadence list 

and deliverables requested by N. Morales (PREPA) for meeting with PREPA 

management and P3 Authority.

PR

3 San Miguel, 

Jorge

11/8/21 0.9 620.00 $ 558.00 $ Participate in weekly working session with Ankura team regarding status 

updates for FY 2022 fiscal plan implementation and reporting.

PR

6 Gil, Gerard 11/8/21 0.8 500.00 $ 400.00 $ Prepare draft of letter requested by A. Rodriguez (PREPA) regarding PREPA 

comments to the GridCo-GenCo Operating Agreement.

PR

2 Keys, Jamie 11/8/21 0.9 330.00 $ 297.00 $ Review the daily cash flow and bank balance supporting documents circulated 

by J. Roque (Luma).

Not in PR

Exhibit C

December 20, 2021 / #PR00053 10 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 106 of 229
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 11/8/21 0.5 570.00 $ 285.00 $ Participate on calls with G. Gil (ACG) to discuss responses to requests for 

information for P3 Authority generation transformation transaction due 

diligence materials.

Not in PR

25 Parker, 

Christine

11/8/21 1.1 200.00 $ 220.00 $ Assemble time descriptions for the period 10/17/21 - 10/23/21 for inclusion in 

the Ankura October 2021 monthly fee statement.

Not in PR

3 Keys, Jamie 11/8/21 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

3 San Miguel, 

Jorge

11/8/21 0.2 620.00 $ 124.00 $ Provide P. Crisalli (ACG) and G. Gil (ACG) with next steps to respond to N. 

Morales (PREPA) request regarding financial and operational reporting for 

meeting with PREPA management.

PR

3 Marino, 

Nicholas

11/8/21 0.4 495.00 $ 198.00 $ Aggregate updated materials from J. Estrada (Luma) regarding summary of 

Annual Financial Information and Operating Data report to support FY 2022 

fiscal plan implementation per L. Porter (ACG) request.

Not in PR

25 Keys, Jamie 11/8/21 0.3 330.00 $ 99.00 $ Correspond with C. Parker (ACG) regarding updates to the thirteenth interim 

fee application exhibits.

Not in PR

6 Gil, Gerard 11/8/21 0.2 500.00 $ 100.00 $ Participate on call with A. Rodriguez (PREPA) to discuss draft letter on the 

GridCo-GenCo Operating Agreement.

PR

3 Gil, Gerard 11/8/21 0.4 500.00 $ 200.00 $ Participate in meeting with J. Adrover (PREPA), M. Thys (PREPA), W. Lopez 

(PREPA) and N. Morales (PREPA) to discuss RFI from the FOMB regarding 

hiring plan for the Generation directorate.

PR

3 Gil, Gerard 11/8/21 0.2 500.00 $ 100.00 $ Participate in discussion with F. Correa (PREPA) regarding FY 2023 budget 

development and related priorities.

PR

3 Gil, Gerard 11/8/21 1.0 500.00 $ 500.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) to discuss 

directions from J. Colon (PREPA) regarding FY 2022 fiscal plan 

implementation.

PR

6 Gil, Gerard 11/8/21 0.7 500.00 $ 350.00 $ Review latest draft of the GridCo-GenCo Operating Agreement and prepare inline edits as requested by A. Rodriguez (PREPA).

PR

3 Gil, Gerard 11/8/21 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

3 Porter, Lucas 11/8/21 1.0 570.00 $ 570.00 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) to discuss 

directions from J. Colon (PREPA) regarding FY 2022 fiscal plan 

implementation.

Not in PR

2 Crisalli, Paul 11/8/21 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 11/8/21 0.3 875.00 $ 262.50 $ Correspond with J. Roque (Luma) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

3 Marino, 

Nicholas

11/8/21 0.2 495.00 $ 99.00 $ Participate in bi-weekly touchpoint with R. Arrieta (SM) and L. Porter (ACG) 

regarding the status of collecting data to support the PREPA Annual Financial 

Information and Operating Data Report for use in FY 2022 fiscal plan 

implementation.

Not in PR

3 Porter, Lucas 11/8/21 0.2 570.00 $ 114.00 $ Participate in bi-weekly touchpoint with R. Arrieta (SM) and N. Marino (ACG) 

regarding the status of collecting data to support the PREPA Annual Financial 

Information and Operating Data Report for use in FY 2022 fiscal plan 

implementation.

Not in PR

6 Gil, Gerard 11/8/21 0.5 500.00 $ 250.00 $ Participate on calls with L. Porter (ACG) to discuss responses to requests for 

information for P3 Authority generation transformation transaction due 

diligence materials.

PR

2 Keys, Jamie 11/8/21 2.2 330.00 $ 726.00 $ Prepare the weekly cash flow outputs for the week ended 11/5/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Marino, 

Nicholas

11/8/21 1.9 495.00 $ 940.50 $ Prepare the FY 2021 necessary maintenance expense detailed project level 

budget-to-actual variance analysis in response to RFI from FOMB.

Not in PR

3 Marino, 

Nicholas

11/8/21 0.4 495.00 $ 198.00 $ Participate on call with L. Porter (ACG) to discuss updates for FY 2022 fiscal 

plan reporting for meeting with R. Zampierollo (PREPA).

Not in PR

2 Keys, Jamie 11/8/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast circulated by P. Crisalli (ACG). Not in PR

3 San Miguel, 

Jorge

11/8/21 0.3 620.00 $ 186.00 $ Participate on call with L. Porter (ACG) to discuss this week's financial 

disclosure project after discussions with J. Adrover (PREPA) and L. Bauer 

(NR).

PR

3 Porter, Lucas 11/8/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss updates for FY 2022 fiscal plan 

reporting for meeting with R. Zampierollo (PREPA).

Not in PR

3 San Miguel, 

Jorge

11/8/21 0.8 620.00 $ 496.00 $ Participate in meeting with G. Gil (ACG) to discuss next steps and takeaways 

from meeting with J. Colon (PREPA) and executive management related to 

generation budgeting, fiscal plan developments and privatization initiatives.

PR

3 Gil, Gerard 11/8/21 0.5 500.00 $ 250.00 $ Review and analyze necessary maintenance file to address RFI received from 

the FOMB.

PR

3 Porter, Lucas 11/8/21 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

2 Keys, Jamie 11/8/21 0.4 330.00 $ 132.00 $ Revise the weekly cash flow outputs for the week ended 11/5/21 for comments 

provided by P. Crisalli (ACG).

Not in PR

Exhibit C

December 20, 2021 / #PR00053 11 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 107 of 229
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 11/8/21 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

6 Gil, Gerard 11/8/21 0.4 500.00 $ 200.00 $ Participate on call with A. Rodriguez (PREPA) to discuss updated draft of the 

GridCo-GenCo Operating Agreement sent by Luma, final edits to PREPA 

commentary, and next steps on negotiation of same.

PR

3 Porter, Lucas 11/8/21 0.3 570.00 $ 171.00 $ Participate on call with J. San Miguel (ACG) to discuss this week's financial 

disclosure project after discussions with J. Adrover (PREPA) and L. Bauer 

(NR).

Not in PR

6 Porter, Lucas 11/8/21 1.2 570.00 $ 684.00 $ Analyze FY 2022 fiscal plan generation dispatch and cost data prepared by M. 

Saenz (Siemens) to inform P3 Authority generation transformation transaction 

due diligence materials.

Not in PR

3 Smith, James 11/8/21 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 (partial).

Not in PR

3 Marino, 

Nicholas

11/8/21 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

3 Gil, Gerard 11/8/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss updates for FY 2022 fiscal 

plan reporting for meeting with R. Zampierollo (PREPA).

PR

6 San Miguel, 

Jorge

11/8/21 0.5 620.00 $ 310.00 $ Participate on call with L. Porter (ACG) to discuss updated P3 Authority 

generation transformation transaction RFP and due diligence materials.

PR

3 Porter, Lucas 11/8/21 0.4 570.00 $ 228.00 $ Participate on call with N. Marino (ACG) to discuss updates for FY 2022 fiscal 

plan reporting for meeting with R. Zampierollo (PREPA).

Not in PR

6 Gil, Gerard 11/8/21 0.2 500.00 $ 100.00 $ Participate on call with S. Rodriguez (Luma) regarding requests for 

clarifications from proponents for the P3 Authority generation transformation 

transaction.

PR

6 Porter, Lucas 11/8/21 0.5 570.00 $ 285.00 $ Participate on call with J. San Miguel (ACG) to discuss updated P3 Authority 

generation transformation transaction RFP and due diligence materials.

Not in PR

6 San Miguel, 

Jorge

11/8/21 0.2 620.00 $ 124.00 $ Participate on call with N. Morales (PREPA) regarding financial reporting 

information and cadence to prepare for meeting with P3 Authority.

PR

6 San Miguel, 

Jorge

11/9/21 0.5 620.00 $ 310.00 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to review the latest 

draft of the revised GridCo-GenCo Operating Agreement.

PR

25 Parker, 

Christine

11/9/21 1.9 200.00 $ 380.00 $ Review time descriptions to the Ankura October 2021 monthly fee statement for 

information currently assembled.

Not in PR

6 Crisalli, Paul 11/9/21 0.7 875.00 $ 612.50 $ Review draft GridCo-GenCo Operating Agreement language regarding 

budgeting and account funding to assess potential impact to PREPA's liquidity.

Not in PR

6 Gil, Gerard 11/9/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) to review the 

latest draft of the revised GridCo-GenCo Operating Agreement.

PR

2 Crisalli, Paul 11/9/21 0.7 875.00 $ 612.50 $ 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

3 Porter, Lucas 11/9/21 1.1 570.00 $ 627.00 $ Prepare draft responding letter with supporting exhibits for review by J. San 

Miguel (ACG) and G. Gil (ACG) regarding FY 2021 budget and actual financial 

results.

Not in PR

3 San Miguel, 

Jorge

11/9/21 0.5 620.00 $ 310.00 $ Participate on call with A. Rodriguez (PREPA) regarding financial and 

operational reporting matters related to the fiscal plan.

PR

3 San Miguel, 

Jorge

11/9/21 0.5 620.00 $ 310.00 $ Review fiscal plan reporting requirements in advance of discussion with L. 

Porter (ACG) to support the updated reporting matrix requested by N. Morales 

(PREPA).

PR

3 Marino, 

Nicholas

11/9/21 0.3 495.00 $ 148.50 $ Participate on call with L. Porter (ACG) to discuss analysis of FY 2021 budget 

cost data to inform response to the FOMB RFI.

Not in PR

2 San Miguel, 

Jorge

11/9/21 0.3 620.00 $ 186.00 $ Review bank account RFI from the FOMB provided by P. Crisalli (ACG) for 

discussion with N. Morales (PREPA) and Luma representatives.

PR

3 Gil, Gerard 11/9/21 1.0 500.00 $ 500.00 $ Participate on call with Y. Hickey (FOMB), R. Rosario (FOMB), F. Hernandez 

(FOMB), E. Ortiz (PREPA), R. Zampierollo (PREPA) and L. Porter (ACG) to 

discuss FY 2022 fiscal plan reporting and implementation matters.

PR

3 San Miguel, 

Jorge

11/9/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) and G. Gil (ACG) regarding 

response to the RFI received from the FOMB related to FY 2022 budget-toactual results.

PR

50 Keys, Jamie 11/9/21 0.7 330.00 $ 231.00 $ Review the latest emergency vendor invoice list provided by S. Diaz (ARI) for 

use in reconciliation to the FEMA flash report.

Not in PR

3 Porter, Lucas 11/9/21 1.0 570.00 $ 570.00 $ Participate on call with Y. Hickey (FOMB), R. Rosario (FOMB), F. Hernandez 

(FOMB), E. Ortiz (PREPA), R. Zampierollo (PREPA) and G. Gil (ACG) to 

discuss FY 2022 fiscal plan reporting and implementation matters.

Not in PR

50 Keys, Jamie 11/9/21 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

2 Keys, Jamie 11/9/21 0.3 330.00 $ 99.00 $ Revise the weekly cash flow outputs for the week ended 11/5/21 for additional 

comments provided by P. Crisalli (ACG).

Not in PR

Exhibit C

December 20, 2021 / #PR00053 12 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 108 of 229
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 11/9/21 1.0 500.00 $ 500.00 $ Participate on call with R. Zampierollo (PREPA), J. San Miguel (ACG), L. 

Porter (ACG) and N. Marino (ACG) to discuss FY 2022 fiscal plan 

implementation and reporting for November 2021.

PR

3 Porter, Lucas 11/9/21 0.2 570.00 $ 114.00 $ Participate on call with J. San Miguel (ACG) to discuss FY 2022 fiscal plan 

reporting information requested by N. Morales (PREPA) and A. Rodriguez 

(PREPA).

Not in PR

6 Gil, Gerard 11/9/21 1.6 500.00 $ 800.00 $ Participate in working session with L. Santa (PREPA), T. Cole (Luma), M. 

Hurtado (Luma), B. Walsh (Luma), C. Kordula (CGSH), V. Del Rio (CGSH), L. 

Porter (ACG) and other Luma and P3 Authority representatives to discuss 

Luma's mark-up of the GridCo-GenCo Operating Agreement received on 

11/8/21. 

PR

25 Parker, 

Christine

11/9/21 2.5 200.00 $ 500.00 $ Update exhibits for the Ankura thirteenth interim fee application prior to 

distributing to Ankura team for review. 

Not in PR

3 San Miguel, 

Jorge

11/9/21 0.6 620.00 $ 372.00 $ Review and edit draft financial and operational reporting table requested by N. 

Morales (PREPA) and A. Rodriguez (PREPA).

PR

6 Porter, Lucas 11/9/21 0.5 570.00 $ 285.00 $ Review FY 2021 sample financial reports provided by L. Matias (PREPA) to 

inform discussion on T&D operator reporting for the T&D transformation 

transaction.

Not in PR

25 Parker, 

Christine

11/9/21 0.4 200.00 $ 80.00 $ Participate on telephone call with J. Keys (ACG) regarding the status of the 

Ankura October 2021 monthly fee statement.

Not in PR

3 San Miguel, 

Jorge

11/9/21 0.7 620.00 $ 434.00 $ Participate in discussion with G. Gil (ACG) regarding financial and operational 

reporting matters requested by the FOMB in preparation for discussion with N. 

Morales (PREPA).

PR

3 Gil, Gerard 11/9/21 0.7 500.00 $ 350.00 $ Participate in discussion with J. San Miguel (ACG) regarding financial and 

operational reporting matters requested by the FOMB in preparation for 

discussion with N. Morales (PREPA).

PR

3 Marino, 

Nicholas

11/9/21 1.6 495.00 $ 792.00 $ Revise the FY 2021 necessary maintenance expense detailed project level 

budget-to-actual variance analysis following call with L. Porter (ACG) in 

response to RFI from FOMB.

Not in PR

6 Porter, Lucas 11/9/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) to review the 

latest draft of the revised GridCo-GenCo Operating Agreement.

Not in PR

6 Porter, Lucas 11/9/21 0.2 570.00 $ 114.00 $ Review list of financial reports provided by L. Matias (PREPA) to inform 

discussion on T&D operator reporting for the T&D transformation transaction.

Not in PR

3 Gil, Gerard 11/9/21 1.2 500.00 $ 600.00 $ Participate in meeting with N. Morales (PREPA), L. Matias (PREPA), M. 

Rodriguez (PREPA), F. Correa (PREPA), J. Adrover (PREPA) and 

representatives from each of the PREPA generation plants to discuss FY 2023 

budget development and FOMB-related requirements.

PR

3 Gil, Gerard 11/9/21 0.3 500.00 $ 150.00 $ Participate in discussion with G. Sanchez (PREPA), L. Matias (PREPA) and F. 

Correa (PREPA) regarding the FY 2023 budget strategy.

PR

3 Crisalli, Paul 11/9/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to discuss fiscal plan-related 

reporting obligations and structure.

Not in PR

3 Porter, Lucas 11/9/21 1.0 570.00 $ 570.00 $ Participate on call with R. Zampierollo (PREPA), J. San Miguel (ACG), G. Gil 

(ACG) and N. Marino (ACG) to discuss FY 2022 fiscal plan implementation 

and reporting for November 2021.

Not in PR

6 Gil, Gerard 11/9/21 0.6 500.00 $ 300.00 $ Participate on call with A. Rodriguez (PREPA), L. Santa (PREPA) and S. 

Rodriguez (Luma) regarding comments from PREPA to the draft GridCoGenCo Operating Agreement.

PR

3 Gil, Gerard 11/9/21 0.4 500.00 $ 200.00 $ Participate on call with N. Morales (PREPA) and J. San Miguel (ACG) 

regarding response to the RFI received from the FOMB related to FY 2022 

budget-to-actual results.

PR

3 Porter, Lucas 11/9/21 0.3 570.00 $ 171.00 $ Participate on call with N. Marino (ACG) to discuss analysis of FY 2021 budget 

cost data to inform response to the FOMB RFI.

Not in PR

25 Keys, Jamie 11/9/21 0.4 330.00 $ 132.00 $ Participate on telephone call with C. Parker (ACG) regarding the status of the 

Ankura October 2021 monthly fee statement.

Not in PR

6 Gil, Gerard 11/9/21 0.9 500.00 $ 450.00 $ Review the GridCo-GenCo Operating Agreement mark-up sent by Luma in 

preparation for working session regarding the same.

PR

3 Porter, Lucas 11/9/21 0.7 570.00 $ 399.00 $ Revise the updated draft FY 2021 budget variance report as requested by E. 

Ortiz (PREPA) prior to submittal to the FOMB.

Not in PR

3 Marino, 

Nicholas

11/9/21 1.0 495.00 $ 495.00 $ Participate on call with R. Zampierollo (PREPA), J. San Miguel (ACG), G. Gil 

(ACG) and L. Porter (ACG) to discuss FY 2022 fiscal plan implementation and 

reporting for November 2021.

Not in PR

25 Keys, Jamie 11/9/21 1.3 330.00 $ 429.00 $ Revise the twelfth interim fee application per comments provided by P. Crisalli 

(ACG).

Not in PR

51 Keys, Jamie 11/9/21 0.7 330.00 $ 231.00 $ Participate on telephone call with J. Rosado (ARI) regarding changes to project 

worksheet amounts included in the weekly project worksheet status report.

Not in PR

3 Marino, 

Nicholas

11/9/21 1.8 495.00 $ 891.00 $ Revise the FY 2021 necessary maintenance expense detailed project level 

budget-to-actual variance analysis per L. Porter (ACG) request in response to 

RFI from FOMB.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 13 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 109 of 229
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 11/9/21 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

11/9/21 0.7 620.00 $ 434.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG), L. Porter 

(ACG) and N. Marino (ACG) to discuss FY 2022 fiscal plan implementation 

and reporting for November 2021 (partial).

PR

2 Crisalli, Paul 11/9/21 0.2 875.00 $ 175.00 $ Develop correspondence to PREPA and Luma regarding cash flow and liquidity 

budget versus actual reports for the week ended 11/5/21.

Not in PR

3 San Miguel, 

Jorge

11/9/21 0.2 620.00 $ 124.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan reporting 

information requested by N. Morales (PREPA) and A. Rodriguez (PREPA).

PR

3 San Miguel, 

Jorge

11/9/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) to discuss fiscal plan-related reporting 

obligations and structure.

PR

51 Keys, Jamie 11/9/21 1.1 330.00 $ 363.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to emergency 

vendors and expected timing of reimbursement.

Not in PR

6 Porter, Lucas 11/9/21 1.6 570.00 $ 912.00 $ Participate in working session with L. Santa (PREPA), T. Cole (Luma), M. 

Hurtado (Luma), B. Walsh (Luma), C. Kordula (CGSH), V. Del Rio (CGSH), G. 

Gil (ACG) and other Luma and P3 Authority representatives to discuss Luma's 

mark-up of the GridCo-GenCo Operating Agreement received on 11/8/21. 

Not in PR

3 Porter, Lucas 11/9/21 0.6 570.00 $ 342.00 $ Analyze FY 2021 budget cost data issues identified by N. Marino (ACG) to 

inform response to the FOMB RFI.

Not in PR

50 Marino, 

Nicholas

11/9/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/19/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

11/9/21 0.4 620.00 $ 248.00 $ Analyze financial reporting matrix and updates requested by N. Morales 

(PREPA) and A. Rodriguez (PREPA) in advance of discussion with Luma and 

P3 Authority.

PR

3 Marino, 

Nicholas

11/9/21 1.9 495.00 $ 940.50 $ Begin updating PREPA FY 2022 fiscal plan initiatives November 2021 

implementation reporting master working file.

Not in PR

50 Keys, Jamie 11/10/21 0.6 330.00 $ 198.00 $ Prepare the weekly reporting package for distribution. Not in PR

3 Smith, James 11/10/21 0.6 750.00 $ 450.00 $ Participate on call with L. Porter (ACG) to discuss the generation system status 

updates received from G. Soto (Luma) to inform FY 2022 fiscal plan reporting.

Not in PR

25 Keys, Jamie 11/10/21 0.6 330.00 $ 198.00 $ Finalize the twelfth interim fee application. Not in PR

3 Porter, Lucas 11/10/21 0.2 570.00 $ 114.00 $ Participate on call with N. Morales (PREPA) to discuss final revisions to 

responding materials for the FOMB RFI regarding the FY 2021 budget variance 

report.

Not in PR

50 San Miguel, 

Jorge

11/10/21 0.6 620.00 $ 372.00 $ Attend press conference by J. Colon (PREPA) regarding updated maintenance 

schedules for legacy generation assets and IPPs to ensure power generation 

stability to inform the 11/19/21 bi-weekly mediation call.

PR

3 San Miguel, 

Jorge

11/10/21 0.9 620.00 $ 558.00 $ Review financial data provided by Luma and PREPA in support of response to 

the FOMB regarding the budget-to-actuals RFI related to Q4 FY 2021.

PR

3 Gil, Gerard 11/10/21 0.4 500.00 $ 200.00 $ Review response materials to the PREPA Q4 FY 2021 budget-to-actuals RFI 

received from the FOMB.

PR

50 Crisalli, Paul 11/10/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

51 Keys, Jamie 11/10/21 0.5 330.00 $ 165.00 $ Participate on call with P. Crisalli (ACG) and S. Diaz (ARI) regarding 

emergency vendor outstanding invoices and potential FEMA proceeds. 

Not in PR

51 Crisalli, Paul 11/10/21 0.5 875.00 $ 437.50 $ Participate on call with J. Keys (ACG) and S. Diaz (ARI) regarding emergency 

vendor outstanding invoices and potential FEMA proceeds.

Not in PR

3 Porter, Lucas 11/10/21 0.6 570.00 $ 342.00 $ Participate on call with J. Smith (ACG) to discuss the generation system status 

updates received from G. Soto (Luma) to inform FY 2022 fiscal plan reporting.

Not in PR

3 Marino, 

Nicholas

11/10/21 2.1 495.00 $ 1,039.50 $ Revise Generation Directorate budget-to-actuals monthly analysis dashboard to 

track FY 2022 Generation expenditures and variances from budget following 

working session with L. Porter (ACG).

Not in PR

25 Parker, 

Christine

11/10/21 0.8 200.00 $ 160.00 $ Participate on telephone call with J. Keys (ACG) regarding updates to the 

thirteenth interim fee application exhibits.

Not in PR

2 Crisalli, Paul 11/10/21 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 Porter, Lucas 11/10/21 0.6 570.00 $ 342.00 $ Participate on call with J. San Miguel (ACG) to review draft response to the 

FOMB regarding FY 2021 budget-to-actuals financial data.

Not in PR

2 Crisalli, Paul 11/10/21 0.3 875.00 $ 262.50 $ Correspond with N. Morales (PREPA) regarding T&D service accounts and 

PREPA operating account balances and related cash flows.

Not in PR

3 Marino, 

Nicholas

11/10/21 1.4 495.00 $ 693.00 $ Update the FY 2021 necessary maintenance expense detailed project level 

budget-to-actual variance analysis per L. Porter (ACG) comments in response to 

RFI from FOMB.

Not in PR

3 Porter, Lucas 11/10/21 0.9 570.00 $ 513.00 $ Participate in working session with N. Marino (ACG) to analyze FY 2022 

PREPA YTD financial results.

Not in PR

25 Parker, 

Christine

11/10/21 1.7 200.00 $ 340.00 $ Assemble time descriptions for the period 10/24/21 - 10/31/21 for inclusion in 

the Ankura October 2021 monthly fee statement.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 14 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 110 of 229
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 11/10/21 0.1 500.00 $ 50.00 $ Correspond with E. Ortiz (PREPA) regarding response to the FOMB RFI related 

to PREPA Q4 FY 2021 budget-to-actuals results.

PR

3 Marino, 

Nicholas

11/10/21 0.9 495.00 $ 445.50 $ Participate in working session with L. Porter (ACG) to analyze FY 2022 PREPA 

YTD financial results.

Not in PR

3 Gil, Gerard 11/10/21 0.5 500.00 $ 250.00 $ Review draft letter with supporting attachments for N. Morales (PREPA) to 

submit to the FOMB regarding the FY 2021 budget variance report.

PR

50 Crisalli, Paul 11/10/21 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 11/10/21 1.1 330.00 $ 363.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

3 Porter, Lucas 11/10/21 0.4 570.00 $ 228.00 $ Revise updated responding materials from A. Cabrera (FW) regarding draft FY 

2021 budget variance report submittal for the FOMB.

Not in PR

3 Gil, Gerard 11/10/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 budget variance 

report updates received from N. Marino (ACG).

PR

6 Gil, Gerard 11/10/21 0.4 500.00 $ 200.00 $ Participate in meeting with S. Torres (P3A), L. Santa (PREPA), A. Billoch 

(PMA), K. Bolanos (DV) and N. Koeppen (CGSH) to discuss PREPA 

reorganization documentation and next steps.

PR

3 Porter, Lucas 11/10/21 0.3 570.00 $ 171.00 $ Review the updated fleet status report provided by J. Smith (ACG) for the 

11/7/21 generation operating report submittal to FOMB required by the FY 

2022 fiscal plan.

Not in PR

51 Crisalli, Paul 11/10/21 1.8 875.00 $ 1,575.00 $ Review supporting documents and develop related analyses regarding 

emergency vendor outstanding invoices and potential FEMA proceeds.

Not in PR

3 Gil, Gerard 11/10/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan 

implementation reporting.

PR

3 Porter, Lucas 11/10/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss FY 2022 fiscal plan 

implementation reporting.

Not in PR

3 Marino, 

Nicholas

11/10/21 1.1 495.00 $ 544.50 $ Update the PREPA FY 2021 fiscal plan overview financial model exhibits for 

revised financials following prior week working session with L. Porter (ACG).

Not in PR

3 Marino, 

Nicholas

11/10/21 2.3 495.00 $ 1,138.50 $ Update Generation Directorate budget-to-actuals monthly analysis dashboard to 

track FY 2022 Generation expenditures and variances from budget in advance 

of working session with G. Gil (ACG) and L. Porter (ACG).

Not in PR

25 Keys, Jamie 11/10/21 0.8 330.00 $ 264.00 $ Participate on telephone call with C. Parker (ACG) regarding updates to the 

thirteenth interim fee application exhibits.

Not in PR

2 Crisalli, Paul 11/10/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

50 Keys, Jamie 11/10/21 0.3 330.00 $ 99.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

3 Porter, Lucas 11/10/21 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 

11/7/21 required by the FY 2022 certified fiscal plan.

Not in PR

50 Keys, Jamie 11/10/21 0.6 330.00 $ 198.00 $ Review the revised weekly project worksheet status report provided by S. Diaz 

(ARI) for use in the weekly FEMA flash report.

Not in PR

50 Marino, 

Nicholas

11/10/21 1.2 495.00 $ 594.00 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/19/21 bi-weekly mediation call.

Not in PR

2 Porter, Lucas 11/10/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG) to discuss T&D service account 

funding and replenishment activities related to PREPA liquidity and working 

capital.

Not in PR

2 Crisalli, Paul 11/10/21 0.4 875.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss T&D service account 

funding and replenishment activities related to PREPA liquidity and working 

capital.

Not in PR

25 Parker, 

Christine

11/10/21 1.2 200.00 $ 240.00 $ Update Exhibits A, B and C of the Ankura October 2021 monthly fee statement 

for information currently available.

Not in PR

50 Keys, Jamie 11/10/21 0.8 330.00 $ 264.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

3 Porter, Lucas 11/10/21 0.8 570.00 $ 456.00 $ Review materials received from N. Morales (PREPA) related to FY 2021 actual 

expenses prior to submittal to the FOMB.

Not in PR

50 Keys, Jamie 11/10/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

3 San Miguel, 

Jorge

11/10/21 1.1 620.00 $ 682.00 $ Review and edit draft response to FOMB providing information on budget-toactuals data for FY 2021.PR

50 Keys, Jamie 11/10/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding changes to the FEMA flash report. Not in PR

3 Porter, Lucas 11/10/21 0.7 570.00 $ 399.00 $ Revise updated draft letter with supporting attachments for N. Morales 

(PREPA) to submit to the FOMB regarding FY 2021 budget variance report.

Not in PR

2 Crisalli, Paul 11/10/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 11/5/21. Not in PR

3 San Miguel, 

Jorge

11/10/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) regarding budget-to-actuals 

information requested by the FOMB related to Q4 FY 2021.

PR

3 Porter, Lucas 11/10/21 1.3 570.00 $ 741.00 $ Prepare the generation operational report for the week ending 11/7/21 based on 

data received from G. Soto (Luma) for FOMB as required by the PREPA FY 

2022 fiscal plan.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 15 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 111 of 229
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 11/10/21 0.4 750.00 $ 300.00 $ Review data from, and email exchange with, G. Soto (Luma) in regards to 

generation system status in support of the creditor reporting workstream.

Not in PR

3 San Miguel, 

Jorge

11/10/21 0.6 620.00 $ 372.00 $ Participate on call with L. Porter (ACG) to review draft response to the FOMB 

regarding FY 2021 budget-to-actuals financial data.

PR

50 Keys, Jamie 11/10/21 1.1 330.00 $ 363.00 $ Prepare the weekly FEMA flash report for the week ended 11/5/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 11/10/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss FY 2022 budget variance report 

updates from N. Marino (ACG).

Not in PR

50 Smith, James 11/10/21 0.1 750.00 $ 75.00 $ Review the generation operational reports prepared by L. Porter (ACG) in 

support of the creditor reporting workstream.

Not in PR

6 Porter, Lucas 11/11/21 1.1 570.00 $ 627.00 $ Review the updated P3 Authority operating model to determine data field inputs 

required for P3 Authority generation transformation transaction due diligence.

Not in PR

3 Porter, Lucas 11/11/21 1.3 570.00 $ 741.00 $ Analyze FY 2022 budget accounting data provided by L. Matias (PREPA) and 

A. Cabrera (FW) to confirm compliance with the FY 2022 FOMB certified 

budget for PREPA.

Not in PR

3 Porter, Lucas 11/11/21 0.3 570.00 $ 171.00 $ Review the FY 2022 budget variance analysis prepared by N. Marino (ACG) 

related to fiscal plan reporting.

Not in PR

3 San Miguel, 

Jorge

11/11/21 0.6 620.00 $ 372.00 $ Review the updated fiscal plan financial reporting matrix requested by N. 

Morales (PREPA).

PR

6 San Miguel, 

Jorge

11/11/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG), G. Gil (ACG), L. Porter (ACG) and J. 

Keys (ACG) to discuss PREPA account funding and projected PREPA liquidity 

related to the GridCo-GenCo Operating Agreement (partial).

PR

3 Porter, Lucas 11/11/21 0.7 570.00 $ 399.00 $ Revise draft summary of financial and operating reports from J. San Miguel 

(ACG) related to FY 2022 fiscal plan requirements.

Not in PR

25 Keys, Jamie 11/11/21 0.8 330.00 $ 264.00 $ Update the twelfth interim fee application per final documents provided by P. 

Crisalli (ACG).

Not in PR

60 Dirlam, Josh 11/11/21 0.8 293.00 $ 234.40 $ Review and finalize draft SWAP report and exhibits dated 6/30/21. Not in PR

3 San Miguel, 

Jorge

11/11/21 1.0 620.00 $ 620.00 $ Update the fiscal plan related financial reporting matrix requested by N. Morales 

(PREPA).

PR

50 Smith, James 11/11/21 0.5 750.00 $ 375.00 $ Review recent news and regulatory filings related to Luma and PREPA in 

support of the creditor reporting workstream.

Not in PR

60 Dirlam, Josh 11/11/21 0.2 293.00 $ 58.60 $ Prepare responses to questions received from L. Costa (ACG) related to the 

Credit Value Adjustment analysis.

Not in PR

6 Keys, Jamie 11/11/21 0.5 330.00 $ 165.00 $ Participate on call with G. Gil (ACG), L. Porter (ACG), J. San Miguel (ACG) 

and P. Crisalli (ACG) to discuss PREPA account funding and projected PREPA 

liquidity related to the GridCo-GenCo Operating Agreement. 

Not in PR

3 Marino, 

Nicholas

11/11/21 0.2 495.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss status of FY 2022 fiscal plan 

reporting for November.

Not in PR

3 Porter, Lucas 11/11/21 0.2 570.00 $ 114.00 $ Participate on call with N. Marino (ACG) to discuss status of FY 2022 fiscal 

plan reporting for November.

Not in PR

25 Crisalli, Paul 11/11/21 1.9 875.00 $ 1,662.50 $ Conduct final review of Ankura's twelfth interim fee application. Not in PR

51 Keys, Jamie 11/11/21 1.6 330.00 $ 528.00 $ Review information related to emergency vendors provided by P. Crisalli (ACG) 

as compared to previous invoice information.

Not in PR

3 Porter, Lucas 11/11/21 0.6 570.00 $ 342.00 $ Participate on call with J. San Miguel (ACG) to discuss financial and 

operational reporting summary information related to the FY 2022 fiscal plan.

Not in PR

6 Gil, Gerard 11/11/21 0.5 500.00 $ 250.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG), J. San Miguel 

(ACG) and J. Keys (ACG) to discuss PREPA account funding and projected 

PREPA liquidity related to the GridCo-GenCo Operating Agreement.

PR

3 Crisalli, Paul 11/11/21 0.6 875.00 $ 525.00 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 11/5/21.

Not in PR

2 Keys, Jamie 11/11/21 0.6 330.00 $ 198.00 $ Review liquidity and cash management milestone reporting circulated by P. 

Crisalli (ACG).

Not in PR

3 Porter, Lucas 11/11/21 0.4 570.00 $ 228.00 $ Review the updated FY 2021 budget variance analysis prepared by N. Marino 

(ACG) to inform response to the FOMB RFI.

Not in PR

60 Costa, Lindsey 11/11/21 1.5 460.00 $ 690.00 $ Conduct final review of the PREPA 2021 Interest Rate SWAP valuation model. Not in PR

3 Crisalli, Paul 11/11/21 0.7 875.00 $ 612.50 $ Review financial reporting matrix information and provide comments to L. 

Porter (ACG) and J. San Miguel (ACG).

Not in PR

3 Porter, Lucas 11/11/21 0.7 570.00 $ 399.00 $ Review the FY 2022 fiscal plan monthly report draft for November 2021 from 

N. Marino (ACG) in preparation for discussion with R. Zampierollo (PREPA).

Not in PR

25 Keys, Jamie 11/11/21 0.6 330.00 $ 198.00 $ Participate on calls with P. Crisalli (ACG) to discuss and finalize Ankura's 

twelfth interim fee application.

Not in PR

25 Keys, Jamie 11/11/21 0.8 330.00 $ 264.00 $ Revise the thirteenth interim fee application exhibits provided by C. Parker 

(ACG).

Not in PR

3 Marino, 

Nicholas

11/11/21 1.3 495.00 $ 643.50 $ Continue updating the PREPA FY 2021 fiscal plan overview financial model 

exhibits for revised financials following prior week working session with L. 

Porter (ACG).

Not in PR

Exhibit C

December 20, 2021 / #PR00053 16 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 112 of 229
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 11/11/21 0.6 875.00 $ 525.00 $ Participate on calls with J. Keys (ACG) to discuss and finalize Ankura's twelfth 

interim fee application.

Not in PR

3 Porter, Lucas 11/11/21 0.8 570.00 $ 456.00 $ Analyze monthly operating statistics prepared by J. Estrada (Luma) to inform 

updates to FY 2022 fiscal plan reporting.

Not in PR

60 Dirlam, Josh 11/11/21 0.3 293.00 $ 87.90 $ Reconcile differences Aa2, A2 and Baa2 bond issuers from the 2020 to 2021 

SWAP valuation analysis.

Not in PR

3 Porter, Lucas 11/11/21 0.4 570.00 $ 228.00 $ Prepare and send request for information to N. Morales (PREPA) and L. Matias 

(PREPA) regarding financial and operating reports required by the FY 2022 

fiscal plan.

Not in PR

25 Parker, 

Christine

11/11/21 1.6 200.00 $ 320.00 $ Review time descriptions to the Ankura October 2021 monthly fee statement for 

information currently assembled.

Not in PR

50 Marino, 

Nicholas

11/11/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/19/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

11/11/21 0.6 620.00 $ 372.00 $ Participate on call with L. Porter (ACG) to discuss financial and operational 

reporting summary information related to the FY 2022 fiscal plan.

PR

50 Keys, Jamie 11/11/21 0.6 330.00 $ 198.00 $ Prepare the weekly excel files for FOMB reporting. Not in PR

3 Keys, Jamie 11/11/21 0.5 330.00 $ 165.00 $ Review the weekly generation and fleet and status reports circulated by L. Porter 

(ACG).

Not in PR

3 Marino, 

Nicholas

11/11/21 1.7 495.00 $ 841.50 $ Update Generation Directorate budget-to-actuals monthly analysis dashboard to 

track FY 2022 Generation expenditures and variances from budget.

Not in PR

51 Keys, Jamie 11/11/21 1.1 330.00 $ 363.00 $ Review details on funds received for emergency vendors provided by S. Diaz 

(ARI).

Not in PR

3 Marino, 

Nicholas

11/11/21 0.3 495.00 $ 148.50 $ Edit PREPA FY 2022 fiscal plan initiatives November 2021 implementation 

reporting presentation.

Not in PR

3 Marino, 

Nicholas

11/11/21 0.4 495.00 $ 198.00 $ Edit PREPA FY 2022 fiscal plan initiatives November 2021 implementation 

reporting master working file.

Not in PR

25 Keys, Jamie 11/11/21 0.9 330.00 $ 297.00 $ Participate on telephone call with C. Parker (ACG) regarding changes to the 

thirteenth interim fee application exhibits.

Not in PR

25 Parker, 

Christine

11/11/21 0.9 200.00 $ 180.00 $ Participate on telephone call with J. Keys (ACG) regarding changes to the 

thirteenth interim fee application exhibits.

Not in PR

6 Crisalli, Paul 11/11/21 0.5 875.00 $ 437.50 $ Participate on call with G. Gil (ACG), L. Porter (ACG), J. San Miguel (ACG) 

and J. Keys (ACG) to discuss PREPA account funding and projected PREPA 

liquidity related to the GridCo-GenCo Operating Agreement.

Not in PR

6 Porter, Lucas 11/12/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to prepare for meeting with PREPA 

management regarding the GridCo-GenCo Operating Agreement.

Not in PR

50 Keys, Jamie 11/12/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding pending accounts receivable 

reports.

Not in PR

2 Keys, Jamie 11/12/21 0.3 330.00 $ 99.00 $ Correspond with R. Lopez (Riveron) regarding bank balances as of 9/30/21 as 

requested by AAFAF.

Not in PR

3 Porter, Lucas 11/12/21 0.3 570.00 $ 171.00 $ Participate on call with J. San Miguel (ACG) to discuss response to FOMB 

regarding FY 2022 generation budget cost data and hiring initiative.

Not in PR

6 Porter, Lucas 11/12/21 1.8 570.00 $ 1,026.00 $ Prepare draft analysis based on data received from E. Ortiz (PREPA) and L. 

Matias (PREPA) to inform P3 Authority generation transformation transaction 

due diligence.

Not in PR

2 Keys, Jamie 11/12/21 0.6 330.00 $ 198.00 $ Review the bank balance status and cash flow worksheet file provided by L. 

Porter (ACG) as requested by R. Rosario (FOMB).

Not in PR

3 Gil, Gerard 11/12/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss response to the FOMB RFI 

regarding FY 2022 generation budget cost data.

PR

2 Crisalli, Paul 11/12/21 3.9 875.00 $ 3,412.50 $ Update the supporting analyses and related outputs for the October 2021 

accounts receivable presentation materials for Luma and PREPA management.

Not in PR

3 Porter, Lucas 11/12/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss response to the FOMB RFI 

regarding FY 2022 generation budget cost data.

Not in PR

6 Porter, Lucas 11/12/21 0.2 570.00 $ 114.00 $ Correspond with H. Fink (HL) regarding updates to P3 Authority generation 

transformation transaction due diligence materials.

Not in PR

3 Porter, Lucas 11/12/21 0.8 570.00 $ 456.00 $ Review materials provided by J. San Miguel (ACG) regarding FY 2022 

generation budget cost data and hiring initiative for response to FOMB RFI.

Not in PR

25 Keys, Jamie 11/12/21 0.3 330.00 $ 99.00 $ Correspond with K. Bolanos (DV) regarding filing the twelfth interim fee 

application.

Not in PR

2 Crisalli, Paul 11/12/21 0.5 875.00 $ 437.50 $ Conduct initial review of the October 2021 accounts receivable source 

documents provided by F. Ramos (Luma).

Not in PR

6 Gil, Gerard 11/12/21 1.2 500.00 $ 600.00 $ Review and draft notes on latest draft of the GridCo-GenCo Operating 

Agreement prepared by Luma in preparation for upcoming PREPA and P3 

Authority management meeting.

PR

6 Gil, Gerard 11/12/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to prepare for meeting with PREPA 

management regarding the GridCo-GenCo Operating Agreement.

PR

3 San Miguel, 

Jorge

11/12/21 0.8 620.00 $ 496.00 $ Review and edit draft response to FOMB provided by J. Adrover (PREPA) in 

response to generation hiring RFI from FOMB.

PR

2 Crisalli, Paul 11/12/21 1.1 875.00 $ 962.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

11/12/21.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 17 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 113 of 229
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

11/12/21 0.1 620.00 $ 62.00 $ Participate on call with J. Adrover (PREPA) regarding response to FOMB 

related to generation hiring initiative and RFI in support thereof.

PR

3 San Miguel, 

Jorge

11/12/21 0.7 620.00 $ 434.00 $ Review DOE term sheet comments related to draft PPA for renewable energy 

procurement in preparation for discussion with AAFAF.

PR

25 Parker, 

Christine

11/12/21 2.3 200.00 $ 460.00 $ Review time descriptions to the Ankura October 2021 monthly fee statement for 

information currently assembled.

Not in PR

51 Keys, Jamie 11/12/21 0.8 330.00 $ 264.00 $ Participate on telephone call with S. Diaz (ARI) regarding timing for transfer of 

funds related to emergency vendors.

Not in PR

3 San Miguel, 

Jorge

11/12/21 0.2 620.00 $ 124.00 $ Participate in discussion with F. Santos (PREPA) regarding proposed response 

and next steps regarding DOE comments to draft form PPA agreements related 

to renewable project procurement process.

PR

2 Porter, Lucas 11/12/21 0.5 570.00 $ 285.00 $ Prepare responding information and follow-up requests for N. Morales 

(PREPA) and J. Roque (Luma) regarding the bank account and liquidity-related 

information requested by the FOMB.

Not in PR

3 San Miguel, 

Jorge

11/12/21 0.3 620.00 $ 186.00 $ Review message from M. Grimm (DOE) regarding renewable energy PPOA 

model PPAs.

PR

2 Crisalli, Paul 11/12/21 0.4 875.00 $ 350.00 $ Participate on call with L. Porter (ACG) regarding the FOMB request related to 

PREPA bank account balances.

Not in PR

2 Crisalli, Paul 11/12/21 0.5 875.00 $ 437.50 $ Review supporting documents regarding the FOMB request related to PREPA 

bank account balances.

Not in PR

3 San Miguel, 

Jorge

11/12/21 0.2 620.00 $ 124.00 $ Participate in discussion with G. Loran (AAFAF) regarding proposed response 

to DOE message related to renewable energy model PPA.

PR

51 Keys, Jamie 11/12/21 1.4 330.00 $ 462.00 $ Continue to review information related to emergency vendors provided by P. 

Crisalli (ACG) as compared to previous invoice information.

Not in PR

50 Smith, James 11/12/21 1.5 750.00 $ 1,125.00 $ Prepare the weekly fleet status report for N. Rivera (PREPA) and the Ankura 

team in support of the creditor reporting workstream. 

Not in PR

50 Keys, Jamie 11/12/21 1.7 330.00 $ 561.00 $ Prepare the monthly accounts receivable reports due 11/15/21 for review by P. 

Crisalli (ACG) prior to distribution.

Not in PR

2 Porter, Lucas 11/12/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG) regarding the FOMB request related to 

PREPA bank account balances.

Not in PR

3 San Miguel, 

Jorge

11/12/21 0.6 620.00 $ 372.00 $ Review and comment financial and operational reporting matrix for discussion 

with P. Crisalli (ACG) and N. Morales (PREPA).

PR

6 Gil, Gerard 11/12/21 0.4 500.00 $ 200.00 $ Review RFCs from proponents related to the P3 Authority generation 

transformation transaction.

PR

25 Keys, Jamie 11/12/21 1.2 330.00 $ 396.00 $ Prepare documents for the thirteenth interim period prior to circulating to 

Ankura team for comments.

Not in PR

6 Porter, Lucas 11/12/21 0.6 570.00 $ 342.00 $ Review fiscal plan financial projections to inform updates to P3 Authority 

generation transformation transaction due diligence materials.

Not in PR

3 San Miguel, 

Jorge

11/12/21 0.3 620.00 $ 186.00 $ Participate on call with L. Porter (ACG) to discuss response to FOMB regarding 

FY 2022 generation budget cost data and hiring initiative.

PR

2 Keys, Jamie 11/15/21 0.7 330.00 $ 231.00 $ Revise the weekly cash flow outputs for the week ended 11/12/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

50 Crisalli, Paul 11/15/21 2.0 875.00 $ 1,750.00 $ Review active and inactive accounts receivable aging reports and Government 

accounts receivable aging report for October 2021 and provide comments to J. 

Keys (ACG).

Not in PR

2 Crisalli, Paul 11/15/21 0.3 875.00 $ 262.50 $ Review the Government customer daily collections report and other supporting 

materials and correspond with J. Roque (Luma) regarding payment information 

for large Government customers.

Not in PR

6 Gil, Gerard 11/15/21 0.9 500.00 $ 450.00 $ Participate in meeting with N. Morales (PREPA) and L. Porter (ACG) to discuss 

budget and account funding related matters in the draft GridCo-GenCo 

Operating Agreement.

PR

50 San Miguel, 

Jorge

11/15/21 0.8 620.00 $ 496.00 $ Review post-certification tracker reports provided by R. Zampierollo (PREPA) 

regarding fiscal plan initiatives to inform discussion points for the 11/19/21 biweekly mediation call.

PR

3 Marino, 

Nicholas

11/15/21 0.8 495.00 $ 396.00 $ Revise PREPA FY 2022 fiscal plan overtime data reporting for July 2021 

working file.

Not in PR

3 San Miguel, 

Jorge

11/15/21 0.8 620.00 $ 496.00 $ Review generation hiring initiative documentation provided by J. Adrover 

(PREPA) to support proposed response to FOMB RFI.

PR

25 Keys, Jamie 11/15/21 1.6 330.00 $ 528.00 $ Prepare the thirteenth interim fee application for distribution to Ankura team for 

comment.

Not in PR

2 Crisalli, Paul 11/15/21 0.4 875.00 $ 350.00 $ Correspond with J. Roque (Luma) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

50 Marino, 

Nicholas

11/15/21 1.1 495.00 $ 544.50 $ Read and aggregate PREPA-related news for J. Smith (ACG) to inform 

discussion materials for the 11/19/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

11/15/21 0.4 620.00 $ 248.00 $ Review legal comments from O'Melveny & Myers to emergency vendor 

documents in preparation for discussion with N. Morales (PREPA) and P. 

Crisalli (ACG).

PR

3 Marino, 

Nicholas

11/15/21 0.3 495.00 $ 148.50 $ Begin revising PREPA FY 2022 fiscal plan overtime data reporting for August 

2021 working file per working session with L. Porter (ACG).

Not in PR

Exhibit C

December 20, 2021 / #PR00053 18 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 114 of 229
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 11/15/21 0.8 570.00 $ 456.00 $ Analyze generation operating and maintenance cost data to inform responses to 

P3 Authority representatives related to the P3 Authority generation 

transformation transaction due diligence process.

Not in PR

3 Marino, 

Nicholas

11/15/21 0.8 495.00 $ 396.00 $ 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

11/15/21 0.8 495.00 $ 396.00 $ Revise PREPA FY 2022 fiscal plan overtime data reporting for July 2021 

working file per working session with L. Porter (ACG).

Not in PR

3 Porter, Lucas 11/15/21 0.7 570.00 $ 399.00 $ Review the updated draft of the FY 2022 fiscal plan report from N. Marino 

(ACG) for submittal to the FOMB.

Not in PR

25 Parker, 

Christine

11/15/21 1.7 200.00 $ 340.00 $ Update Exhibits A, B and C of the Ankura November 2021 monthly fee 

statement for information currently available.

Not in PR

2 Porter, Lucas 11/15/21 0.5 570.00 $ 285.00 $ Review bank account information provided by P. Crisalli (ACG) to inform 

response to FOMB representatives regarding PREPA liquidity.

Not in PR

6 Porter, Lucas 11/15/21 0.5 570.00 $ 285.00 $ Prepare responding information for G. Gil (ACG) to inform the P3 Authority 

generation transformation transaction due diligence process.

Not in PR

3 Marino, 

Nicholas

11/15/21 1.1 495.00 $ 544.50 $ Revise PREPA FY 2022 fiscal plan initiatives November 2021 implementation 

reporting presentation following working session with R. Zampierollo (PREPA), 

G. Gil (ACG) and L. Porter (ACG).

Not in PR

3 Marino, 

Nicholas

11/15/21 0.4 495.00 $ 198.00 $ Update the FY 2022 fiscal plan monthly report for November 2021 following 

working session with R. Zampierollo (PREPA), G. Gil (ACG) and L. Porter 

(ACG).

Not in PR

6 Gil, Gerard 11/15/21 0.7 500.00 $ 350.00 $ Participate in meeting with S. Torres (P3A), A. Rodriguez (PREPA), L. Santa 

(PREPA), N. Morales (PREPA), C. Kordula (CGSH), V. Del Rio (CGSH) and 

L. Porter (ACG) to discuss budget and account funding-related matters in the 

draft GridCo-GenCo Operating Agreement.

PR

2 Keys, Jamie 11/15/21 1.1 330.00 $ 363.00 $ Review the daily cash flow and bank balance supporting documents circulated 

by J. Roque (Luma).

Not in PR

2 Keys, Jamie 11/15/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast circulated by P. Crisalli (ACG). Not in PR

50 Crisalli, Paul 11/15/21 0.5 875.00 $ 437.50 $ Develop correspondence to Luma and PREPA regarding active and inactive 

accounts receivable aging reports and Government accounts receivable aging 

report for October 2021.

Not in PR

3 Porter, Lucas 11/15/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) regarding edits to draft 

response from PREPA to the FOMB RFI related to the generation hiring 

initiative.

Not in PR

6 Gil, Gerard 11/15/21 0.2 500.00 $ 100.00 $ Review responding information from L. Porter (ACG) to inform the P3 

Authority generation transformation transaction due diligence process.

PR

3 Marino, 

Nicholas

11/15/21 0.7 495.00 $ 346.50 $ Revise PREPA FY 2022 fiscal plan overtime data reporting for August 2021 

working file.

Not in PR

3 Marino, 

Nicholas

11/15/21 2.2 495.00 $ 1,089.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

L. Porter (ACG) to revise the FY 2022 fiscal plan monthly report for November 

2021.

Not in PR

3 Porter, Lucas 11/15/21 2.2 570.00 $ 1,254.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

N. Marino (ACG) to revise the FY 2022 fiscal plan monthly report for 

November 2021.

Not in PR

2 Crisalli, Paul 11/15/21 0.5 875.00 $ 437.50 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

3 Gil, Gerard 11/15/21 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

3 San Miguel, 

Jorge

11/15/21 0.2 620.00 $ 124.00 $ Review updated records on accounts payable for emergency vendor services 

provided by N. Morales (PREPA).

PR

50 San Miguel, 

Jorge

11/15/21 1.7 620.00 $ 1,054.00 $ Review updated monthly operating reports, operational flash report, generation 

reports and 725 report provided by N. Morales (PREPA) to inform discussion 

points for the 11/19/21 bi-weekly mediation call.

PR

2 Crisalli, Paul 11/15/21 1.3 875.00 $ 1,137.50 $ 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 11/15/21 0.9 570.00 $ 513.00 $ Participate in meeting with N. Morales (PREPA) and G. Gil (ACG) to discuss 

budget and account funding-related matters in the draft GridCo-GenCo 

Operating Agreement.

Not in PR

50 Crisalli, Paul 11/15/21 0.8 875.00 $ 700.00 $ Review the revised Government accounts receivable aging reports for October 

2021 and provide comments to J. Keys (ACG).

Not in PR

3 Crisalli, Paul 11/15/21 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

3 Gil, Gerard 11/15/21 2.2 500.00 $ 1,100.00 $ Participate in working session with R. Zampierollo (PREPA), L. Porter (ACG) 

and N. Marino (ACG) to revise the FY 2022 fiscal plan monthly report for 

November 2021.

PR

3 Porter, Lucas 11/15/21 1.0 570.00 $ 570.00 $ Analyze FY 2022 budget and actual generation cost data provided by N. 

Morales (PREPA) and J. San Miguel (ACG) to inform response to the FOMB 

RFI.

Not in PR

3 Keys, Jamie 11/15/21 2.0 330.00 $ 660.00 $ Prepare the monthly accounts receivable reports due 11/27/21 for review by P. 

Crisalli (ACG) prior to distribution.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 19 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 115 of 229
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 11/15/21 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

6 Porter, Lucas 11/15/21 0.7 570.00 $ 399.00 $ Participate in meeting with S. Torres (P3A), A. Rodriguez (PREPA), L. Santa 

(PREPA), N. Morales (PREPA), C. Kordula (CGSH), V. Del Rio (CGSH) and 

G. Gil (ACG) to discuss budget and account funding-related matters in the draft 

GridCo-GenCo Operating Agreement. 

Not in PR

3 San Miguel, 

Jorge

11/15/21 0.3 620.00 $ 186.00 $ Participate in discussion with L. Porter (ACG) regarding edits to draft response 

from PREPA to the FOMB RFI related to the generation hiring initiative.

PR

2 Keys, Jamie 11/15/21 2.3 330.00 $ 759.00 $ Prepare the weekly cash flow outputs for the week ended 11/12/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Smith, James 11/15/21 0.8 750.00 $ 600.00 $ 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 11/15/21 0.4 875.00 $ 350.00 $ Conduct initial review of the revised October 2021 accounts receivable source 

documents provided by F. Ramos (Luma).

Not in PR

3 San Miguel, 

Jorge

11/15/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) to discuss status of response to 

FOMB RFI on generation hiring initiative and time extension request related 

thereto.

PR

3 Porter, Lucas 11/15/21 0.8 570.00 $ 456.00 $ 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 11/16/21 0.9 875.00 $ 787.50 $ Update the executive summary for the October 2021 accounts receivable 

presentation materials Luma and PREPA management.

Not in PR

25 Parker, 

Christine

11/16/21 1.5 200.00 $ 300.00 $ Review current draft of Exhibits A, B and C of the Ankura October 2021 

monthly fee statement prior to distribution to J. Keys (ACG).

Not in PR

3 Porter, Lucas 11/16/21 0.8 570.00 $ 456.00 $ Review the quarterly budget-to-actual variance report provided by N. Morales 

(PREPA) required by the FY 2022 fiscal plan.

Not in PR

3 San Miguel, 

Jorge

11/16/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) regarding FOMB RFI related to 

generation hiring program, next steps and timeline for completion.

PR

50 Marino, 

Nicholas

11/16/21 1.2 495.00 $ 594.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 11/19/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 11/16/21 0.4 570.00 $ 228.00 $ Participate in discussion with J. San Miguel (ACG) regarding generation hiring 

matters requested by N. Morales (PREPA) and reporting issues for budget-toactual reports from PREPA and Luma.

Not in PR

50 Smith, James 11/16/21 1.4 750.00 $ 1,050.00 $ Create initial draft notes for the 11/19/21 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 San Miguel, 

Jorge

11/16/21 0.3 620.00 $ 186.00 $ Participate in discussion with AAFAF representatives regarding input received 

from DOE related to renewable energy procurement process and draft 

agreement.

PR

50 San Miguel, 

Jorge

11/16/21 1.4 620.00 $ 868.00 $ Review various regulatory filings provided by K. Bolanos (DV) related to 

physical security, quarterly report, interconnection progress to support updates 

for the bi-weekly mediation call.

PR

25 Keys, Jamie 11/16/21 3.1 330.00 $ 1,023.00 $ Review the Ankura October 2021 monthly fee statement provided by C. Parker 

(ACG).

Not in PR

25 Parker, 

Christine

11/16/21 1.8 200.00 $ 360.00 $ Assemble time descriptions for the period 11/1/21 - 11/6/21 for inclusion in the 

Ankura November 2021 monthly fee statement.

Not in PR

6 Porter, Lucas 11/16/21 0.4 570.00 $ 228.00 $ Participate on call with J. Cochrane (FTI) to discuss revisions to the draft 

GridCo-GenCo Operating Agreement.

Not in PR

3 Porter, Lucas 11/16/21 0.2 570.00 $ 114.00 $ Participate in meeting with G. Gil (ACG) to discuss agenda for working session 

with R. Zampierollo (PREPA) regarding the FY 2022 fiscal plan.

Not in PR

6 Porter, Lucas 11/16/21 0.2 570.00 $ 114.00 $ Prepare follow-up information to J. Cochrane (FTI) to inform revisions to the 

draft GridCo-GenCo Operating Agreement.

Not in PR

2 Crisalli, Paul 11/16/21 0.3 875.00 $ 262.50 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

2 Crisalli, Paul 11/16/21 0.8 875.00 $ 700.00 $ 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

51 San Miguel, 

Jorge

11/16/21 0.1 620.00 $ 62.00 $ Correspond with M. DiConza (OMM) and P. Crisalli (ACG) regarding 

emergency vendor accounts receivables status update and next steps.

PR

50 San Miguel, 

Jorge

11/16/21 0.6 620.00 $ 372.00 $ Review PREB filing by Luma on IRP update process to inform discussion 

points for the 11/19/21 bi-weekly mediation call.

PR

3 Porter, Lucas 11/16/21 0.5 570.00 $ 285.00 $ Review updated draft letter from J. San Miguel (ACG) to inform response to the 

FOMB RFI regarding FY 2022 budget compliance.

Not in PR

3 Marino, 

Nicholas

11/16/21 0.8 495.00 $ 396.00 $ Begin updating the Generation Directorate budget-to-actual monthly analysis 

dashboard to track FY 2022 generation expenditures and variances from budget.

Not in PR

2 Crisalli, Paul 11/16/21 2.6 875.00 $ 2,275.00 $ Update the October 2021 accounts receivable presentation materials for Luma 

and PREPA management.

Not in PR

50 San Miguel, 

Jorge

11/16/21 1.1 620.00 $ 682.00 $ Review draft update of creditor agenda for discussion with PREPA 

representatives for this week's bi-weekly mediation call.

PR

Exhibit C

December 20, 2021 / #PR00053 20 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 116 of 229
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

11/16/21 0.4 620.00 $ 248.00 $ Participate in discussion with L. Porter (ACG) regarding generation hiring 

matters requested by N. Morales (PREPA) and reporting issues for budget-toactual reports from PREPA and Luma.

PR

51 San Miguel, 

Jorge

11/16/21 0.7 620.00 $ 434.00 $ Participate on call with M. DiConza (OMM) and P. Crisalli (ACG) regarding 

emergency vendor outstanding invoices and potential FEMA proceeds.

PR

3 San Miguel, 

Jorge

11/16/21 0.3 620.00 $ 186.00 $ Provide F. Santos (PREPA) and AAFAF with proposed response to DOE 

inquiry and request for meeting related to renewable energy procurement 

process.

PR

51 Crisalli, Paul 11/16/21 0.7 875.00 $ 612.50 $ Participate on call with M. DiConza (OMM) and J. San Miguel (ACG) 

regarding emergency vendor outstanding invoices and potential FEMA 

proceeds.

Not in PR

6 Gil, Gerard 11/16/21 0.2 500.00 $ 100.00 $ Participate on call with N. Morales (PREPA) regarding T&D O&M Service 

Accounts requirements to respond to request from Luma.

PR

2 Keys, Jamie 11/16/21 0.7 330.00 $ 231.00 $ Revise the weekly cash flow outputs for the week ended 11/12/21 for additional 

comments provided by P. Crisalli (ACG).

Not in PR

51 San Miguel, 

Jorge

11/16/21 0.5 620.00 $ 310.00 $ Review emergency vendor documentation in preparation for meeting with M. 

DiConza (OMM) and P. Crisalli (ACG).

PR

3 Marino, 

Nicholas

11/16/21 1.4 495.00 $ 693.00 $ Continue updating the PREPA FY 2022 fiscal plan overview financial model 

exhibits related to Generation following meeting with J. Colón (PREPA).

Not in PR

3 Keys, Jamie 11/16/21 2.3 330.00 $ 759.00 $ Prepare the monthly accounts receivable reports due on 11/27/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Gil, Gerard 11/16/21 0.2 500.00 $ 100.00 $ Participate in meeting with L. Porter (ACG) to discuss agenda for working 

session with R. Zampierollo (PREPA) regarding the FY 2022 fiscal plan.

PR

2 Crisalli, Paul 11/16/21 0.4 875.00 $ 350.00 $ Revise the weekly cash flow presentation materials for distribution to PREPA 

and Luma teams for review.

Not in PR

3 Porter, Lucas 11/16/21 0.2 570.00 $ 114.00 $ Review financial statements and accounting data from J. San Miguel (ACG) to 

inform summary schedule of FY 2022 fiscal plan reporting requirements.

Not in PR

50 Smith, James 11/16/21 0.5 750.00 $ 375.00 $ Review PREB regulatory resolutions related to PREPA and Luma in preparation 

for the 11/19/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

11/17/21 0.2 620.00 $ 124.00 $ Review PREPA mobility plan update RFI from AAFAF to discuss with N. 

Morales (PREPA).

PR

6 Gil, Gerard 11/17/21 0.3 500.00 $ 150.00 $ Review responding comments to the analysis of generation costs and forecast 

from L. Porter (ACG) to inform updates to P3 Authority generation 

transformation transaction due diligence materials.

PR

3 Porter, Lucas 11/17/21 0.2 570.00 $ 114.00 $ Correspond with G. Soto (Luma) regarding corrections to the updated daily 

generation reports for the week ending 11/14/21 required by the FY 2022 

certified fiscal plan.

Not in PR

6 Porter, Lucas 11/17/21 1.6 570.00 $ 912.00 $ Develop updated analysis of generation cost allocations and forecast for G. Gil 

(ACG) and P3 Authority to inform updates to P3 Authority generation 

transformation transaction due diligence materials.

Not in PR

3 San Miguel, 

Jorge

11/17/21 3.2 620.00 $ 1,984.00 $ Attend the monthly public PREPA Board of Directors meeting to inform 

operational, financial and transformation initiatives and advance progress and 

compliance with fiscal plan initiatives.

PR

50 Smith, James 11/17/21 0.5 750.00 $ 375.00 $ Review generation operations and outage reports received from G. Soto (Luma) 

in support of the creditor reporting workstream.

Not in PR

25 Parker, 

Christine

11/17/21 1.3 200.00 $ 260.00 $ Update Exhibits A, B and C of the Ankura November 2021 monthly fee 

statement for information currently available.

Not in PR

3 San Miguel, 

Jorge

11/17/21 0.3 620.00 $ 186.00 $ Participate on call with AAFAF representatives to discuss response to DOE 

regarding renewable energy procurement and transformation updates from the 

PREPA Board of Directors meeting.

PR

3 San Miguel, 

Jorge

11/17/21 0.1 620.00 $ 62.00 $ Participate on call with F. Santos (PREPA) regarding DOE comments and 

proposed response following input from AAFAF.

PR

50 Keys, Jamie 11/17/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding changes to the FEMA flash report. Not in PR

50 Smith, James 11/17/21 1.0 750.00 $ 750.00 $ Review and compile November to date generation operations and outage reports 

received from G. Soto (Luma) in support of the creditor reporting workstream.

Not in PR

50 Crisalli, Paul 11/17/21 0.5 875.00 $ 437.50 $ Review and revise materials for the 11/19/21 bi-weekly mediation calls related 

to cash flow and liquidity.

Not in PR

2 Crisalli, Paul 11/17/21 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

11/17/21 0.3 620.00 $ 186.00 $ Review updated FEMA flash report provided by J. Keys (ACG) to inform the 

updates for the bi-weekly mediation call.

PR

25 Keys, Jamie 11/17/21 3.8 330.00 $ 1,254.00 $ Review the Ankura October 2021 monthly fee statement provided by C. Parker 

(ACG).

Not in PR

6 Porter, Lucas 11/17/21 0.3 570.00 $ 171.00 $ Prepare responding clarifications on financial projections for G. Gil (ACG) and 

P3 Authority to inform updates to P3 Authority generation transformation 

transaction due diligence materials.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 21 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 117 of 229
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 11/17/21 1.1 750.00 $ 825.00 $ Update draft outline for the 11/19/21 bi-weekly mediation call based on addition 

of regulatory and transformation related topics and updated operations 

information.

Not in PR

50 San Miguel, 

Jorge

11/17/21 0.3 620.00 $ 186.00 $ Review comments and updated financial information provided by P. Crisalli 

(ACG) to inform the bi-weekly mediation call agenda.

PR

3 Porter, Lucas 11/17/21 1.2 570.00 $ 684.00 $ Analyze draft FY 2022 operating cost data from J. Adrover (PREPA) to inform 

revisions to draft responding materials for FOMB RFI.

Not in PR

3 Porter, Lucas 11/17/21 1.5 570.00 $ 855.00 $ Prepare the generation operational report for the week ending 11/14/21 based on 

data received from G. Soto (Luma) for FOMB as required by the PREPA FY 

2022 fiscal plan.

Not in PR

51 Crisalli, Paul 11/17/21 0.8 875.00 $ 700.00 $ Review supporting documents related to emergency supplier reimbursements 

and update the supporting analyses and presentation materials.

Not in PR

2 Crisalli, Paul 11/17/21 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

3 Gil, Gerard 11/17/21 1.6 500.00 $ 800.00 $ Attend the monthly public PREPA Board of Directors meeting to inform 

operational, financial and transformation initiatives and advance progress and 

compliance with fiscal plan initiatives (partial).

PR

50 San Miguel, 

Jorge

11/17/21 0.6 620.00 $ 372.00 $ Review weekly reporting package circulated by J. Keys (ACG) regarding 

banking, accounts payable, FEMA and cash flow reports to support the 11/19/21 

bi-weekly mediation call.

PR

50 Crisalli, Paul 11/17/21 0.6 875.00 $ 525.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

3 Porter, Lucas 11/17/21 0.6 570.00 $ 342.00 $ Revise updated draft letter from J. San Miguel (ACG) for response to FOMB 

RFI regarding FY 2022 budget compliance.

Not in PR

6 Porter, Lucas 11/17/21 0.5 570.00 $ 285.00 $ Participate in meeting with S. Torres (P3A), N. Koeppen (CGSH), V. Del Rio 

(CGSH), A. Billoch (PMA) and G. Gil (ACG) to discuss status of revisions to 

the draft GridCo-GenCo Operating Agreement. 

Not in PR

50 Keys, Jamie 11/17/21 0.7 330.00 $ 231.00 $ Review the revised weekly project worksheet status report provided by S. Diaz 

(ARI) for use in the weekly FEMA flash report.

Not in PR

3 Porter, Lucas 11/17/21 0.8 570.00 $ 456.00 $ 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

2 Crisalli, Paul 11/17/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 11/12/21. Not in PR

25 Parker, 

Christine

11/17/21 2.4 200.00 $ 480.00 $ Review time descriptions to the Ankura November 2021 monthly fee statement 

for information currently assembled.

Not in PR

50 Keys, Jamie 11/17/21 1.0 330.00 $ 330.00 $ Prepare the weekly FEMA flash report for the week ended 11/12/21 for review 

by P. Crisalli (ACG).

Not in PR

6 Gil, Gerard 11/17/21 0.5 500.00 $ 250.00 $ Participate in meeting with S. Torres (P3A), N. Koeppen (CGSH), V. Del Rio 

(CGSH), A. Billoch (PMA) and L. Porter (ACG) to discuss status of revisions to 

the draft GridCo-GenCo Operating Agreement.

PR

3 Smith, James 11/17/21 0.8 750.00 $ 600.00 $ 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

6 Porter, Lucas 11/17/21 0.5 570.00 $ 285.00 $ Prepare and send responding comments on analysis of generation costs and 

forecast to G. Gil (ACG) and P3 Authority to inform updates to P3 Authority 

generation transformation transaction due diligence materials.

Not in PR

50 Keys, Jamie 11/17/21 0.5 330.00 $ 165.00 $ Prepare the weekly reporting package for distribution. Not in PR

50 Keys, Jamie 11/17/21 0.3 330.00 $ 99.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

50 Smith, James 11/17/21 0.8 750.00 $ 600.00 $ Review recent news, legislative and regulatory information related to Luma and 

PREPA in preparation for the 11/19/21 bi-weekly mediation call.

Not in PR

50 Keys, Jamie 11/17/21 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

50 Keys, Jamie 11/17/21 0.6 330.00 $ 198.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

50 Keys, Jamie 11/17/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

50 Crisalli, Paul 11/17/21 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

3 Crisalli, Paul 11/17/21 2.8 875.00 $ 2,450.00 $ Review the October 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

3 Gil, Gerard 11/17/21 0.7 500.00 $ 350.00 $ Participate on call with A. Figueroa (FOMB) regarding implementation status of 

various FY 2022 fiscal plan initiatives and next steps.

PR

3 Porter, Lucas 11/17/21 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 

11/14/21 required by the FY 2022 certified fiscal plan.

Not in PR

3 San Miguel, 

Jorge

11/18/21 0.7 620.00 $ 434.00 $ Participate in discussion with J. Adrover (PREPA) regarding data and 

comments to support proposed response to the FOMB RFI on the GenCo hiring 

program.

PR

3 Porter, Lucas 11/18/21 0.8 570.00 $ 456.00 $ Participate in discussion with J. San Miguel (ACG) regarding the FY 2022 

certified budget data for GenCo to support response to the FOMB RFI related to 

the hiring program.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 22 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 118 of 229
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 11/18/21 3.1 570.00 $ 1,767.00 $ Participate in working session with R. Zampierollo (PREPA) and G. Gil (ACG) 

to develop FY 2022 fiscal plan implementation initiatives and strategy.

Not in PR

3 Keys, Jamie 11/18/21 1.9 330.00 $ 627.00 $ Finalize the monthly accounts receivable reports due on 11/27/21 for review by 

P. Crisalli (ACG).

Not in PR

50 San Miguel, 

Jorge

11/18/21 1.6 620.00 $ 992.00 $ Review and prepare comments to the updated agenda for the 11/19/21 bi-weekly 

mediation call regarding transformation, regulatory and operational 

developments.

PR

51 Crisalli, Paul 11/18/21 1.3 875.00 $ 1,137.50 $ Develop summary analysis of potential cash flow and liquidity impact of 

emergency vendor payments and related FEMA reimbursements.

Not in PR

2 San Miguel, 

Jorge

11/18/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) regarding status updates related to 

PREPA cash flow, emergency vendors and other federal funding-related items.

PR

3 Keys, Jamie 11/18/21 0.3 330.00 $ 99.00 $ Review the weekly generation and fleet and status reports circulated by L. Porter 

(ACG).

Not in PR

3 San Miguel, 

Jorge

11/18/21 0.4 620.00 $ 248.00 $ Participate in discussion with A. Rodriguez (PREPA) regarding edits and 

supporting information for response to the FOMB RFI on the GenCo hiring 

program.

PR

50 Keys, Jamie 11/18/21 0.6 330.00 $ 198.00 $ Prepare the weekly excel files for FOMB reporting. Not in PR

50 Porter, Lucas 11/18/21 0.6 570.00 $ 342.00 $ Review updated draft meeting notes from J. San Miguel (ACG) in preparation 

for the 11/19/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

11/18/21 0.7 620.00 $ 434.00 $ Participate on call with N. Morales (PREPA) to discuss response to and 

supporting materials for the FOMB RFI regarding the GenCo hiring program.

PR

2 San Miguel, 

Jorge

11/18/21 0.2 620.00 $ 124.00 $ Participate in discussion with AAFAF representatives regarding funding 

authorization for fuel cost reimbursement through the ARPA program.

PR

50 Gil, Gerard 11/18/21 0.7 500.00 $ 350.00 $ Review materials and provide input on materials for the 11/19/21 bi-weekly 

mediation call.

PR

3 Porter, Lucas 11/18/21 0.5 570.00 $ 285.00 $ Participate in meeting with J. San Miguel (ACG) to discuss request received 

from N. Morales (PREPA) regarding financial reporting obligations under the 

certified fiscal plan.

Not in PR

2 San Miguel, 

Jorge

11/18/21 0.2 620.00 $ 124.00 $ Review resolution from ARPA committee authorizing funding for PREPA fuel 

and maintenance for discussion with N. Morales (PREPA).

PR

25 Crisalli, Paul 11/18/21 3.7 875.00 $ 3,237.50 $ Review Exhibits A, B and C to the Ankura October 2021 monthly fee statement. Not in PR

50 Smith, James 11/18/21 1.4 750.00 $ 1,050.00 $ Prepare the fleet status report for distribution to creditors for the 11/19/21 biweekly mediation call.

Not in PR

3 Crisalli, Paul 11/18/21 0.6 875.00 $ 525.00 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 11/12/21.Not in PR

51 Crisalli, Paul 11/18/21 0.4 875.00 $ 350.00 $ Participate on call with M. DiConza (OMM) regarding summary analysis of 

emergency vendor invoices, FEMA proceeds and related potential impacts to 

PREPA liquidity.

Not in PR

50 Smith, James 11/18/21 0.3 750.00 $ 225.00 $ Participate on call with J. San Miguel (ACG) to discuss updated agenda and 

materials for the 11/19/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

11/18/21 0.7 620.00 $ 434.00 $ Evaluate additional supporting information provided by PREPA Generation 

directorate in support of proposed response to FOMB RFI on generation hiring 

initiative.

PR

3 Gil, Gerard 11/18/21 3.1 500.00 $ 1,550.00 $ Participate in working session with R. Zampierollo (PREPA) and L. Porter 

(ACG) to develop FY 2022 fiscal plan implementation initiatives and strategy.

PR

3 San Miguel, 

Jorge

11/18/21 0.3 620.00 $ 186.00 $ Review fiscal plan reporting framework for financial reporting in preparation for 

discussion with N. Morales (PREPA).

PR

3 San Miguel, 

Jorge

11/18/21 0.5 620.00 $ 310.00 $ Participate in meeting with L. Porter (ACG) to discuss request received from N. 

Morales (PREPA) regarding financial reporting obligations under the certified 

fiscal plan.

PR

50 Smith, James 11/18/21 0.7 750.00 $ 525.00 $ Review open items and provide update to J. San Miguel (ACG) regarding 

materials for the 11/19/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 11/18/21 0.4 570.00 $ 228.00 $ Review and revise the updated fleet status report provided by J. Smith (ACG) 

for the 11/14/21 generation operating report submittal to the FOMB required by 

the FY 2022 fiscal plan.

Not in PR

2 Keys, Jamie 11/18/21 1.1 330.00 $ 363.00 $ Prepare the monthly bank account balance reports requested by AAFAF for 

comments provided by P. Crisalli (ACG) prior to distribution.

Not in PR

51 Crisalli, Paul 11/18/21 1.0 875.00 $ 875.00 $ Participate on call with M. DiConza (OMM), P. Possinger (Proskauer), J. Sazant 

(Proskauer) and E. Abbott (BD) regarding emergency vendor invoices, FEMA 

proceeds and related impact to PREPA liquidity.

Not in PR

3 San Miguel, 

Jorge

11/18/21 0.9 620.00 $ 558.00 $ Review and edit draft response to the FOMB RFI related to the GenCo hiring 

program as provided by J. Adrover (PREPA).

PR

51 Crisalli, Paul 11/18/21 0.8 875.00 $ 700.00 $ Participate on call with M. DiConza (OMM), P. Possinger (Proskauer), J. Sazant 

(Proskauer), E. Abbott (BD) and representatives of Foley & Lardner regarding 

emergency vendor invoices, FEMA proceeds and related impact to PREPA 

liquidity.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 23 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 119 of 229
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 11/18/21 0.4 875.00 $ 350.00 $ Prepare for call with O'Melveny & Myers, Proskauer and Baker Donelson 

regarding emergency vendor invoices, FEMA proceeds and related impact to 

PREPA liquidity.

Not in PR

50 San Miguel, 

Jorge

11/18/21 0.3 620.00 $ 186.00 $ Participate on call with J. Smith (ACG) to discuss updated agenda and materials 

for the 11/19/21 bi-weekly mediation call.

PR

6 Porter, Lucas 11/18/21 0.4 570.00 $ 228.00 $ Review revised draft language received from N. Koeppen (CGSH) to the draft 

GridCo-GenCo Operating Agreement. 

Not in PR

50 San Miguel, 

Jorge

11/18/21 1.8 620.00 $ 1,116.00 $ Review regulatory filings and resolutions from PREB related to PREPA 

operations and transformation initiatives to support the 11/19/21 bi-weekly 

mediation call.

PR

3 Crisalli, Paul 11/18/21 0.8 875.00 $ 700.00 $ Prepare correspondence to Luma and PREPA management regarding October 

2021 monthly fiscal plan-related accounts receivable reports for residential, 

commercial, industrial, government and other customers.

Not in PR

3 San Miguel, 

Jorge

11/18/21 0.8 620.00 $ 496.00 $ Participate in discussion with L. Porter (ACG) regarding the FY 2022 certified 

budget data for GenCo to support response to the FOMB RFI related to the 

hiring program.

PR

25 Keys, Jamie 11/18/21 1.3 330.00 $ 429.00 $ Review Exhibits A and B of the Ankura October 2021 monthly fee statement 

prior to sending to P. Crisalli (ACG) for review.

Not in PR

2 Crisalli, Paul 11/18/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) regarding status updates related to 

PREPA cash flow, emergency vendors and other federal funding-related items.

Not in PR

25 Parker, 

Christine

11/18/21 1.9 200.00 $ 380.00 $ Assemble time descriptions for the period 11/7/21 - 11/13/21 for inclusion in 

the Ankura November 2021 monthly fee statement.

Not in PR

50 Smith, James 11/18/21 1.6 750.00 $ 1,200.00 $ Update draft outline for the 11/19/21 bi-weekly mediation call based on 

discussions with J. San Miguel (ACG) and comments from the Ankura team.

Not in PR

6 Gil, Gerard 11/18/21 0.6 500.00 $ 300.00 $ Review updated analysis of generation cost allocations and forecast to inform 

updates to P3 Authority generation transformation transaction due diligence 

materials.

PR

6 Gil, Gerard 11/18/21 0.9 500.00 $ 450.00 $ Review the latest draft GridCo-GenCo Operating Agreement mark-up sent by 

P3 Authority in advance of discussion with PREPA management.

PR

25 Parker, 

Christine

11/18/21 3.9 200.00 $ 780.00 $ Review time descriptions to the Ankura November 2021 monthly fee statement 

for information currently assembled.

Not in PR

3 San Miguel, 

Jorge

11/18/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Morales (PREPA) regarding request for 

reporting obligation summary for deliverables and initiatives under the certified 

fiscal plan.

PR

25 Keys, Jamie 11/19/21 1.7 330.00 $ 561.00 $ Revise the liquidity section of the thirteenth interim fee application. Not in PR

3 Crisalli, Paul 11/19/21 1.7 875.00 $ 1,487.50 $ Complete review of the October 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

50 San Miguel, 

Jorge

11/19/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) regarding cash flow and liquidity 

matters in advance of the bi-weekly mediation call.

PR

50 Crisalli, Paul 11/19/21 0.5 875.00 $ 437.50 $ Participate on the bi-weekly mediation call. Not in PR

2 Crisalli, Paul 11/19/21 0.5 875.00 $ 437.50 $ Review the PREPA monthly bank balance reports and related supporting 

documents as requested by AAFAF and provide comments to J. Keys (ACG).

Not in PR

3 San Miguel, 

Jorge

11/19/21 0.3 620.00 $ 186.00 $ Follow up with O'Melveny & Myers regarding meeting with PREPA 

management to discuss FY 2022 fiscal plan restructuring objectives.

PR

2 Crisalli, Paul 11/19/21 1.0 875.00 $ 875.00 $ Develop templates for the cash flow and liquidity reports for the week ended 

11/19/21.

Not in PR

50 Smith, James 11/19/21 0.5 750.00 $ 375.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Crisalli, Paul 11/19/21 0.2 875.00 $ 175.00 $ Prepare for the bi-weekly mediation call. Not in PR

3 Crisalli, Paul 11/19/21 0.8 875.00 $ 700.00 $ Develop correspondence to Luma and PREPA management regarding the 

October 2021 General Client and Government accounts receivable reports to 

inform FY 2022 fiscal plan reporting.

Not in PR

2 Keys, Jamie 11/19/21 0.6 330.00 $ 198.00 $ Revise the monthly bank account balance reports requested by AAFAF per 

comments provided by P. Crisalli (ACG) prior to distribution.

Not in PR

50 Keys, Jamie 11/19/21 0.5 330.00 $ 165.00 $ Review the final agenda prior to the bi-weekly mediation call. Not in PR

3 Porter, Lucas 11/19/21 0.6 570.00 $ 342.00 $ Review PREB regulatory orders regarding FY 2022 fiscal plan initiative 

implementation.

Not in PR

50 San Miguel, 

Jorge

11/19/21 1.3 620.00 $ 806.00 $ Evaluate various PREB resolutions and orders issued last night to PREPA 

related to IRP alignment and compliance and generation project updates to 

inform the bi-weekly mediation call.

PR

3 Keys, Jamie 11/19/21 0.8 330.00 $ 264.00 $ Review the summary for the accounts receivable reports due on 11/27/21 

provided by P. Crisalli (ACG).

Not in PR

6 Porter, Lucas 11/19/21 0.3 570.00 $ 171.00 $ Review comments received from K. Findley (Luma) and N. Koeppen (CGSH) 

regarding revisions to the draft GridCo-GenCo Operating Agreement required 

for the T&D transformation transaction.

Not in PR

50 San Miguel, 

Jorge

11/19/21 0.5 620.00 $ 310.00 $ Participate on the bi-weekly mediation call. PR

Exhibit C

December 20, 2021 / #PR00053 24 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 120 of 229
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 11/19/21 0.7 570.00 $ 399.00 $ Revise draft meeting notes from J. San Miguel (ACG) in preparation for the biweekly mediation call.

Not in PR

50 Crisalli, Paul 11/19/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) regarding cash flow and liquidity 

matters in advance of the bi-weekly mediation call.

Not in PR

51 Crisalli, Paul 11/19/21 1.0 875.00 $ 875.00 $ Participate on call with M. DiConza (OMM), P. Possinger (Proskauer), J. Sazant 

(Proskauer) and E. Abbott (BD) regarding emergency vendor invoices, FEMA 

proceeds and related impact to PREPA liquidity.

Not in PR

50 Gil, Gerard 11/19/21 0.5 500.00 $ 250.00 $ Participate on the bi-weekly mediation call. PR

50 San Miguel, 

Jorge

11/19/21 0.2 620.00 $ 124.00 $ Participate on call with N. Morales (PREPA) regarding financial statement 

update for the bi-weekly mediation call.

PR

25 Crisalli, Paul 11/19/21 3.9 875.00 $ 3,412.50 $ Continue review of Exhibit C to the Ankura October 2021 monthly fee 

statement.

Not in PR

50 San Miguel, 

Jorge

11/19/21 1.8 620.00 $ 1,116.00 $ Review and edit final agenda proposed for the bi-weekly mediation call to 

address updates on fuel, operations, financial statements, procurement and 

transformation initiatives.

PR

2 Keys, Jamie 11/19/21 0.3 330.00 $ 99.00 $ Correspond with R. Lopez (Riveron) regarding the monthly bank account 

balance reports requested by AAFAF.

Not in PR

51 Crisalli, Paul 11/19/21 0.3 875.00 $ 262.50 $ Prepare for call with O'Melveny & Myers, Proskauer and Baker Donelson 

regarding emergency vendor invoices, FEMA proceeds and related impact to 

PREPA liquidity.

Not in PR

3 Gil, Gerard 11/19/21 0.7 500.00 $ 350.00 $ Review PREB regulatory orders regarding FY 2022 fiscal plan initiative 

implementation.

PR

50 San Miguel, 

Jorge

11/19/21 0.2 620.00 $ 124.00 $ Correspond with J. Smith (ACG) regarding follow-up on the RFI received from 

creditors during the bi-weekly mediation call.

PR

50 Keys, Jamie 11/19/21 0.5 330.00 $ 165.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Porter, Lucas 11/19/21 0.5 570.00 $ 285.00 $ Participate on the bi-weekly mediation call. Not in PR

2 Crisalli, Paul 11/19/21 0.2 875.00 $ 175.00 $ Send correspondence to Luma and PREPA management regarding October 

2021 trends in residential, commercial, industrial, government and other 

customer accounts receivable.

Not in PR

25 Keys, Jamie 11/22/21 1.4 330.00 $ 462.00 $ Review the Ankura October 2021 monthly fee statement provided by C. Parker 

(ACG).

Not in PR

2 Porter, Lucas 11/22/21 0.5 570.00 $ 285.00 $ Participate on call with P. Crisalli (ACG), J. Keys (ACG), N. Morales (PREPA), 

R. Zampierollo (PREPA) and J. Roque (Luma) regarding the FOMB RFI related 

to PREPA bank accounts.

Not in PR

3 Marino, 

Nicholas

11/22/21 1.1 495.00 $ 544.50 $ Revise the PREPA FY 2022 fiscal plan overview financial model exhibits 

related to revenue projections following meeting with J. Colón (PREPA).

Not in PR

3 Marino, 

Nicholas

11/22/21 0.9 495.00 $ 445.50 $ Continue revising the PREPA FY 2022 fiscal plan overtime data reporting for 

the August 2021 working file per working session with L. Porter (ACG).

Not in PR

3 Marino, 

Nicholas

11/22/21 0.7 495.00 $ 346.50 $ Continue revising the PREPA FY 2022 fiscal plan overtime data reporting for 

the July 2021 working file per working session with L. Porter (ACG).

Not in PR

25 Keys, Jamie 11/22/21 0.8 330.00 $ 264.00 $ Revise the Ankura October 2021 monthly fee statement. Not in PR

6 Gil, Gerard 11/22/21 0.6 500.00 $ 300.00 $ Review issues list from Luma regarding the GridCo-GenCo Operating 

agreement draft sent by P3 Authority.

PR

3 San Miguel, 

Jorge

11/22/21 0.4 620.00 $ 248.00 $ Review fiscal plan budget-to-actual reporting obligations for discussion with N. 

Morales (PREPA).

PR

3 Marino, 

Nicholas

11/22/21 0.8 495.00 $ 396.00 $ 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 11/22/21 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 Keys, Jamie 11/22/21 0.5 330.00 $ 165.00 $ Participate on call with L. Porter (ACG), P. Crisalli (ACG), N. Morales 

(PREPA), R. Zampierollo (PREPA) and J. Roque (Luma) regarding the FOMB 

RFI related to PREPA bank accounts.

Not in PR

2 San Miguel, 

Jorge

11/22/21 0.2 620.00 $ 124.00 $ Participate in discussion with AAFAF representatives regarding compliance 

documentation related to the transfer of ARPA funds to PREPA.

PR

6 Porter, Lucas 11/22/21 0.3 570.00 $ 171.00 $ Correspond with R. Zampierollo (PREPA) regarding P3 Authority generation 

transformation transaction due diligence questions.

Not in PR

3 Gil, Gerard 11/22/21 0.6 500.00 $ 300.00 $ Update the FY 2022 fiscal plan implementation workstreams report. PR

3 Keys, Jamie 11/22/21 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

2 Crisalli, Paul 11/22/21 0.5 875.00 $ 437.50 $ Participate on call with L. Porter (ACG), J. Keys (ACG), N. Morales (PREPA), 

R. Zampierollo (PREPA) and J. Roque (Luma) regarding the FOMB RFI related 

to PREPA bank accounts.

Not in PR

3 Smith, James 11/22/21 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 (partial).

Not in PR

50 Marino, 

Nicholas

11/22/21 1.1 495.00 $ 544.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/3/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

11/22/21 0.8 495.00 $ 396.00 $ Continue updating the Generation Directorate budget-to-actual monthly analysis 

dashboard to track FY 2022 Generation expenditures and variances from 

budget.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 25 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 121 of 229
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 11/22/21 0.4 570.00 $ 228.00 $ Review IT application schedule from K. Findley (Luma) to inform the FY 2022 

fiscal plan initiative related to the PREPA reorganization.

Not in PR

3 Gil, Gerard 11/22/21 0.5 500.00 $ 250.00 $ Review schedules sent by K. Findley (Luma) to inform the FY 2022 fiscal plan 

initiative related to the PREPA reorganization.

PR

25 Parker, 

Christine

11/22/21 1.5 200.00 $ 300.00 $ Update Exhibits A, B and C of the Ankura November 2021 monthly fee 

statement for information currently available.

Not in PR

3 Gil, Gerard 11/22/21 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 11/22/21 0.3 875.00 $ 262.50 $ Prepare for call with PREPA and Luma regarding the FOMB RFI related to 

PREPA bank accounts.

Not in PR

3 Porter, Lucas 11/22/21 0.8 570.00 $ 456.00 $ 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 11/23/21 0.2 570.00 $ 114.00 $ Correspond with N. Koeppen (CGSH) regarding comments to the draft GridCoGenCo Operating Agreement.Not in PR

6 Marino, 

Nicholas

11/23/21 0.5 495.00 $ 247.50 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and L. Porter 

(ACG) to discuss draft responses for the P3 Authority generation transformation 

transaction due diligence process.

Not in PR

3 Porter, Lucas 11/23/21 0.4 570.00 $ 228.00 $ Revise the draft FY 2022 fiscal plan financial reporting matrix and send to J. 

San Miguel (ACG) and P. Crisalli (ACG).

Not in PR

6 Porter, Lucas 11/23/21 0.4 570.00 $ 228.00 $ Review due diligence responses provided by H. Fink (HL) for the P3 Authority 

generation transformation transaction RFP.

Not in PR

3 San Miguel, 

Jorge

11/23/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) to discuss reporting matrix update 

and deliverables for Luma and P3 Authority.

PR

2 Crisalli, Paul 11/23/21 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 11/23/21 0.5 330.00 $ 165.00 $ Review the weekly cash flow forecast circulated by P. Crisalli (ACG). Not in PR

3 Marino, 

Nicholas

11/23/21 0.7 495.00 $ 346.50 $ Continue updating Generation Directorate budget-to-actual monthly analysis 

dashboard to track FY 2022 Generation expenditures and variances from 

budget.

Not in PR

3 San Miguel, 

Jorge

11/23/21 0.9 620.00 $ 558.00 $ Review updated fiscal plan financial reporting matrix requested by N. Morales 

(PREPA).

PR

3 San Miguel, 

Jorge

11/23/21 1.1 620.00 $ 682.00 $ Participate in working session with L. Porter (ACG) and P. Crisalli (ACG) 

regarding the PREPA and Luma financial reporting matrix related to the 

certified fiscal plan and other reporting.

PR

6 Gil, Gerard 11/23/21 0.7 500.00 $ 350.00 $ Review and prepare comments to latest draft of the GridCo-GenCo Operating 

Agreement sent by P3 Authority in preparation for the upcoming negotiation 

session with Luma and P3 Authority.

PR

51 Keys, Jamie 11/23/21 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding expected timing for 

transfer of funds from PREPA emergency accounts to PREPA operating 

accounts.

Not in PR

6 Gil, Gerard 11/23/21 1.8 500.00 $ 900.00 $ Participate in working session with L. Porter (ACG), S. Torres (P3A), C. 

Kordula (CGSH), V. Del Rio (CGSH), M. Hurtado (Luma), A. Engbloom 

(Luma) and other P3 Authority and Luma representatives to discuss revisions to 

the draft GridCo-GenCo Operating Agreement required for the T&D 

transformation transaction.

PR

2 Crisalli, Paul 11/23/21 0.4 875.00 $ 350.00 $ Participate on call with N. Morales (PREPA) and M. DiConza (OMM) 

regarding the FOMB RFI related to PREPA bank accounts.

Not in PR

2 Crisalli, Paul 11/23/21 0.5 875.00 $ 437.50 $ Correspond with J. Roque (Luma) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

25 Parker, 

Christine

11/23/21 2.1 200.00 $ 420.00 $ Review time descriptions to the Ankura November 2021 monthly fee statement 

for information currently assembled.

Not in PR

6 Porter, Lucas 11/23/21 0.6 570.00 $ 342.00 $ Revise the updated draft GridCo-GenCo Operating Agreement received from G. 

Gil (ACG) prior to review by PREPA management.

Not in PR

2 Keys, Jamie 11/23/21 2.3 330.00 $ 759.00 $ Prepare the weekly cash flow outputs for the week ended 11/19/21 for review by 

P. Crisalli (ACG).

Not in PR

6 Porter, Lucas 11/23/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss comments to the draft GridCoGenCo Operating Agreement.

Not in PR

6 San Miguel, 

Jorge

11/23/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding the updated draft GridCoGenCo Operating Agreement and proposed next steps for upcoming meeting 

with P3 Authority advisors and Luma.

PR

6 Porter, Lucas 11/23/21 0.2 570.00 $ 114.00 $ Correspond with H. Fink (HL) regarding responses to due diligence requests for 

the P3 Authority generation transformation transaction RFP.

Not in PR

6 Marino, 

Nicholas

11/23/21 0.4 495.00 $ 198.00 $ Read and review the P3 Authority generation transformation transaction due 

diligence questions tracker received from L. Porter (ACG).

Not in PR

6 Porter, Lucas 11/23/21 1.8 570.00 $ 1,026.00 $ Participate in working session with G. Gil (ACG), S. Torres (P3A), C. Kordula 

(CGSH), V. Del Rio (CGSH), M. Hurtado (Luma), A. Engbloom (Luma) and 

other P3 Authority and Luma representatives to discuss revisions to the draft 

GridCo-GenCo Operating Agreement required for the T&D transformation 

transaction.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 26 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 122 of 229
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 11/23/21 0.3 500.00 $ 150.00 $ Review property list sent by K. Findley (Luma) to inform PREPA reorganization 

process.

PR

51 Gil, Gerard 11/23/21 0.5 500.00 $ 250.00 $ Participate in meeting with J. San Miguel (ACG) to discuss agenda for meeting 

with R. Zampierollo (PREPA) next week regarding DFMO organizational 

structure and HUD CDBG funding.

PR

2 Keys, Jamie 11/23/21 0.8 330.00 $ 264.00 $ Revise the weekly cash flow outputs for the week ended 11/19/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

3 Marino, 

Nicholas

11/23/21 0.6 495.00 $ 297.00 $ Update the PREPA FY 2022 fiscal plan overview financial model exhibits 

related to GenCo, GridCo and HoldCo expenses following meeting with J. 

Colón (PREPA).

Not in PR

2 San Miguel, 

Jorge

11/23/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) regarding PREPA cash flow and 

liquidity forecast and other related matters.

PR

6 Porter, Lucas 11/23/21 0.5 570.00 $ 285.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and N. Marino 

(ACG) to discuss draft responses for the P3 Authority generation transformation 

transaction due diligence process.

Not in PR

3 Porter, Lucas 11/23/21 1.1 570.00 $ 627.00 $ Participate in working session with P. Crisalli (ACG) and J. San Miguel (ACG) 

regarding the PREPA and Luma financial reporting matrix related to the 

certified fiscal plan and other reporting.

Not in PR

2 Keys, Jamie 11/23/21 0.9 330.00 $ 297.00 $ Review the daily cash flow and bank balance supporting documents circulated 

by J. Roque (Luma).

Not in PR

3 Crisalli, Paul 11/23/21 1.1 875.00 $ 962.50 $ Participate in working session with L. Porter (ACG) and J. San Miguel (ACG) 

regarding the PREPA and Luma financial reporting matrix related to the 

certified fiscal plan and other reporting.

Not in PR

50 Marino, 

Nicholas

11/23/21 0.9 495.00 $ 445.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/3/21 bi-weekly mediation call.

Not in PR

6 Porter, Lucas 11/23/21 1.8 570.00 $ 1,026.00 $ Analyze the monthly historical generation cost data received from E. Barbosa 

(PREPA) and other PREPA staff to inform responses to the PREPA and P3 

Authority working group on revisions to the draft GridCo-GenCo Operating 

Agreement.

Not in PR

6 Gil, Gerard 11/23/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding the updated draft 

GridCo-GenCo Operating Agreement and proposed next steps for upcoming 

meeting with P3 Authority advisors and Luma.

PR

25 Parker, 

Christine

11/23/21 1.7 200.00 $ 340.00 $ Assemble time descriptions for the period 11/14/21 - 11/20/21 for inclusion in 

the Ankura November 2021 monthly fee statement.

Not in PR

2 Crisalli, Paul 11/23/21 1.3 875.00 $ 1,137.50 $ 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 11/23/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) regarding PREPA cash flow and 

liquidity forecast and other related matters.

Not in PR

6 Gil, Gerard 11/23/21 0.2 500.00 $ 100.00 $ Review correspondence received from Hogan Lovells regarding responses to 

RFCs from P3 Authority generation transformation transaction proponents.

PR

6 Gil, Gerard 11/23/21 0.3 500.00 $ 150.00 $ Participate on call with K. Bolanos (DV) and L. Porter (ACG) in preparation for 

upcoming meeting with Luma and P3 Authority.

PR

6 Marino, 

Nicholas

11/23/21 0.6 495.00 $ 297.00 $ Revise the P3 Authority generation transformation transaction due diligence 

questions tracker per L. Porter (ACG) request.

Not in PR

6 Porter, Lucas 11/23/21 0.3 570.00 $ 171.00 $ Participate on call with K. Bolanos (DV) and G. Gil (ACG) in preparation for 

upcoming meeting with Luma and P3 Authority.

Not in PR

6 Marino, 

Nicholas

11/23/21 0.4 495.00 $ 198.00 $ Update the P3 Authority generation transformation transaction due diligence 

questions tracker to aggregate and include Environmental segment details per 

Hogan Lovells.

Not in PR

51 San Miguel, 

Jorge

11/23/21 0.5 620.00 $ 310.00 $ Participate in meeting with G. Gil (ACG) to discuss agenda for meeting with R. 

Zampierollo (PREPA) next week regarding DFMO organizational structure and 

HUD CDBG funding.

PR

6 Gil, Gerard 11/23/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss comments to the draft 

GridCo-GenCo Operating Agreement.

PR

6 Porter, Lucas 11/23/21 0.3 570.00 $ 171.00 $ Review due diligence questions provided by S. Torres (P3A) for the P3 

Authority generation transformation transaction RFP.

Not in PR

6 Gil, Gerard 11/23/21 0.5 500.00 $ 250.00 $ Participate on call with R. Zampierollo (PREPA), L. Porter (ACG) and N. 

Marino (ACG) to discuss draft responses for the P3 Authority generation 

transformation transaction due diligence process.

PR

2 Crisalli, Paul 11/24/21 0.3 875.00 $ 262.50 $ Revise the weekly cash flow presentation materials for distribution to PREPA 

and Luma teams for review.

Not in PR

50 Keys, Jamie 11/24/21 0.5 330.00 $ 165.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

50 Keys, Jamie 11/24/21 0.4 330.00 $ 132.00 $ Prepare the weekly reporting package for distribution. Not in PR

2 Crisalli, Paul 11/24/21 0.4 875.00 $ 350.00 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

6 Porter, Lucas 11/24/21 1.6 570.00 $ 912.00 $ Finalize draft responding materials provided by R. Zampierollo (PREPA) and N. 

Marino (ACG) for submittal to P3 Authority regarding P3 Authority generation 

transformation transaction due diligence.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 27 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 123 of 229
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 11/24/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG), J. San Miguel (ACG) and AAFAF 

representatives regarding PREPA pension system updates and liquidity status.

PR

3 Porter, Lucas 11/24/21 0.3 570.00 $ 171.00 $ Review and revise the updated fleet status report provided by J. Smith (ACG) 

for 11/21/21 generation operating report submittal to FOMB required by the FY 

2022 fiscal plan.

Not in PR

50 Smith, James 11/24/21 0.9 750.00 $ 675.00 $ Prepare the 11/25/21 weekly fleet status report in support of the creditor 

reporting workstream.

Not in PR

6 Marino, 

Nicholas

11/24/21 1.0 495.00 $ 495.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

L. Porter (ACG) to review draft responses for the P3 Authority generation 

transformation transaction due diligence process.

Not in PR

25 Parker, 

Christine

11/24/21 1.3 200.00 $ 260.00 $ Prepare Exhibits A, B, C and D to the Ankura October 2021 monthly fee 

statement for review by J. Keys (ACG) prior to submitting to client and fee 

examiner.

Not in PR

2 Crisalli, Paul 11/24/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

3 Porter, Lucas 11/24/21 1.1 570.00 $ 627.00 $ Prepare the generation operational report for the week ending 11/21/21 based on 

data received from G. Soto (Luma) for FOMB as required by the PREPA FY 

2022 fiscal plan.

Not in PR

2 Crisalli, Paul 11/24/21 0.6 875.00 $ 525.00 $ Finalize the cash flow reporting for week ended 11/19/21. Not in PR

3 Gil, Gerard 11/24/21 0.8 500.00 $ 400.00 $ Review and analyze pension materials to respond to AAFAF request for the 

Central Government fiscal plan.

PR

3 San Miguel, 

Jorge

11/24/21 0.3 620.00 $ 186.00 $ Prepare for call with G. Gil (ACG), L. Porter (ACG) and AAFAF to review and 

discuss pension system liquidity status.

PR

3 Porter, Lucas 11/24/21 0.2 570.00 $ 114.00 $ Correspond with G. Gil (ACG) and AAFAF representatives regarding PREPA 

pension costs in the FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 11/24/21 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 

11/21/21 required by the FY 2022 certified fiscal plan.

Not in PR

2 Crisalli, Paul 11/24/21 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

2 Keys, Jamie 11/24/21 0.4 330.00 $ 132.00 $ Participate on calls with P. Crisalli (ACG) regarding weekly cash flow reports 

and related open items.

Not in PR

50 Keys, Jamie 11/24/21 0.8 330.00 $ 264.00 $ Prepare the weekly FEMA flash report for the week ended 11/19/21 for review 

by P. Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

11/24/21 0.7 620.00 $ 434.00 $ Participate on call with G. Gil (ACG), L. Porter (ACG) and AAFAF 

representatives regarding PREPA pension system updates and liquidity status.

PR

25 Crisalli, Paul 11/24/21 0.8 875.00 $ 700.00 $ Review current draft of the Ankura October 2021 monthly fee statement and 

provide comments to Ankura billing team.

Not in PR

50 Keys, Jamie 11/24/21 0.7 330.00 $ 231.00 $ Review the updated accounts payable downloads provided by J. Roque (Luma) 

prior to updating the weekly accounts payable report.

Not in PR

50 Keys, Jamie 11/24/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

50 Crisalli, Paul 11/24/21 0.6 875.00 $ 525.00 $ Review the revised accounts payable report and related source documents to 

provide comments to J. Keys (ACG).

Not in PR

3 Porter, Lucas 11/24/21 0.5 570.00 $ 285.00 $ 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 Smith, James 11/24/21 0.5 750.00 $ 375.00 $ 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

50 Crisalli, Paul 11/24/21 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 11/24/21 0.3 330.00 $ 99.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

50 Crisalli, Paul 11/24/21 0.1 875.00 $ 87.50 $ Correspond with J. Roque (Luma) regarding open questions related to the 

weekly accounts payable aging reports.

Not in PR

25 Parker, 

Christine

11/24/21 2.1 200.00 $ 420.00 $ Update Exhibits A, B and C of the Ankura October 2021 monthly fee statement 

for additional information provided by Ankura team members.

Not in PR

50 Crisalli, Paul 11/24/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

2 Crisalli, Paul 11/24/21 0.8 875.00 $ 700.00 $ Review co-generation invoices and renewables-related supplier payment history 

reports provided by J. Roque (Luma) to inform weekly cash flow reporting.

Not in PR

6 Gil, Gerard 11/24/21 1.0 500.00 $ 500.00 $ Participate in working session with R. Zampierollo (PREPA), L. Porter (ACG) 

and N. Marino (ACG) to review draft responses for the P3 Authority generation 

transformation transaction due diligence process.

PR

3 San Miguel, 

Jorge

11/24/21 0.7 620.00 $ 434.00 $ Review updated PREPA pension system data provided by L. Porter (ACG) for 

discussion with AAFAF.

PR

Exhibit C

December 20, 2021 / #PR00053 28 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 124 of 229
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 11/24/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG), J. San Miguel (ACG) and AAFAF 

representatives regarding PREPA pension system updates and liquidity status.

Not in PR

50 Keys, Jamie 11/24/21 0.8 330.00 $ 264.00 $ Review the revised weekly project worksheet status report provided by S. Diaz 

(ARI) for use in the weekly FEMA flash report.

Not in PR

2 Crisalli, Paul 11/24/21 0.4 875.00 $ 350.00 $ Participate on calls with J. Keys (ACG) regarding weekly cash flow reports and 

related open items.

Not in PR

50 Keys, Jamie 11/24/21 1.3 330.00 $ 429.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

6 Gil, Gerard 11/24/21 0.4 500.00 $ 200.00 $ Review responses to P3 Authority generation transformation transaction RFCs 

for submission to P3 Authority.

PR

6 Porter, Lucas 11/24/21 0.4 570.00 $ 228.00 $ Review draft materials from N. Marino (ACG) for submittal to P3 Authority 

regarding P3 Authority generation transformation transaction due diligence.

Not in PR

6 Marino, 

Nicholas

11/24/21 0.3 495.00 $ 148.50 $ Revise the P3 Authority generation transformation transaction due diligence 

questions tracker following working session with G. Gil (ACG), L. Porter 

(ACG) and R. Zampierollo (PREPA).

Not in PR

3 Porter, Lucas 11/24/21 0.7 570.00 $ 399.00 $ Prepare responding materials for G. Gil (ACG) and AAFAF regarding PREPA 

pension costs in the FY 2022 fiscal plan.

Not in PR

6 Porter, Lucas 11/24/21 1.0 570.00 $ 570.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

N. Marino (ACG) to review draft responses for the P3 Authority generation 

transformation transaction due diligence process.

Not in PR

50 Marino, 

Nicholas

11/24/21 1.2 495.00 $ 594.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/3/21 bi-weekly mediation call.

Not in PR

50 Smith, James 11/24/21 0.3 750.00 $ 225.00 $ Review and compile daily generation and system status information from G. 

Soto (Luma) in support of creditor reporting workstreams.

Not in PR

6 Gil, Gerard 11/26/21 0.5 500.00 $ 250.00 $ Review the GridCo-GenCo operating agreement issues list received from Luma 

summarizing points discussed during latest meeting.

PR

6 Gil, Gerard 11/26/21 0.1 500.00 $ 50.00 $ Correspond with K. Futch (K&S) regarding inquiry related to funding for certain 

interconnection studies and T&D O&M agreement scope.

PR

3 Porter, Lucas 11/27/21 0.6 570.00 $ 342.00 $ Review presentation materials to inform responses to G. Gil (ACG) and AAFAF 

regarding PREPA pension costs in the FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 11/27/21 0.5 570.00 $ 285.00 $ Prepare responding information for G. Gil (ACG) and AAFAF regarding 

PREPA pension costs in the FY 2022 fiscal plan.

Not in PR

2 San Miguel, 

Jorge

11/29/21 0.2 620.00 $ 124.00 $ Review ARPA funding status with AAFAF in advance of FY 2022 budget 

discussion with N. Morales (PREPA).

PR

3 Porter, Lucas 11/29/21 0.5 570.00 $ 285.00 $ Participate on calls with J. San Miguel (ACG), N. Marino (ACG), L. Bauer (NR) 

and R. Arrieta (SM) to discuss PREPA historical financial information needed 

to develop the Disclosure Statement for implementation of FY 2022 fiscal plan 

objectives.

Not in PR

3 Marino, 

Nicholas

11/29/21 0.7 495.00 $ 346.50 $ Revise the PREPA FY 2022 fiscal plan overview financial model exhibits 

related to debt service following meeting with J. Colón (PREPA).

Not in PR

3 Gil, Gerard 11/29/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss requests from AAFAF related 

to the FY 2022 fiscal plan pension reform initiative.

PR

50 Gil, Gerard 11/29/21 1.1 500.00 $ 550.00 $ Review recent PREB orders to inform development of materials for the 12/3/21 

bi-weekly mediation call.

PR

25 Keys, Jamie 11/29/21 1.3 330.00 $ 429.00 $ Review the final Ankura October 2021 monthly fee statement provided by C. 

Parker (ACG).

Not in PR

6 Porter, Lucas 11/29/21 0.5 570.00 $ 285.00 $ Review P3 Authority generation transformation transaction RFP addendum 

number 4 released on 11/23/21.

Not in PR

2 Keys, Jamie 11/29/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast circulated by P. Crisalli (ACG). Not in PR

6 Gil, Gerard 11/29/21 0.5 500.00 $ 250.00 $ Review the T&D O&M agreement to address inquiry received from PREPA and 

King & Spalding related to funding for certain interconnection studies.

PR

3 Smith, James 11/29/21 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

2 Crisalli, Paul 11/29/21 1.1 875.00 $ 962.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

11/26/21.

Not in PR

3 Gil, Gerard 11/29/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) and AAFAF representatives to discuss 

the PREPA FY 2022 certified fiscal plan pension reform initiative.

PR

3 San Miguel, 

Jorge

11/29/21 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

3 Gil, Gerard 11/29/21 0.8 500.00 $ 400.00 $ Review AON pension related presentation materials to inform discussions with 

AAFAF representatives regarding the same.

PR

3 Gil, Gerard 11/29/21 0.2 500.00 $ 100.00 $ Review materials received from R. Zampierollo (PREPA) regarding the pension 

system assets update.

PR

3 Porter, Lucas 11/29/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss requests from AAFAF related to 

the FY 2022 fiscal plan pension reform initiative.

Not in PR

3 Porter, Lucas 11/29/21 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

25 Parker, 

Christine

11/29/21 1.3 200.00 $ 260.00 $ Review final version of the Ankura October 2021 monthly fee statement prior to 

submitting to client, fee examiner and Prime Clerk.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 29 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 125 of 229
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

11/29/21 0.9 200.00 $ 180.00 $ Assemble final version of the Ankura October 2021 monthly fee statement for 

approval and sign-off by P. Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

11/29/21 0.5 620.00 $ 310.00 $ Participate on calls with L. Porter (ACG), N. Marino (ACG), L. Bauer (NR) and 

R. Arrieta (SM) to discuss PREPA historical financial information needed to 

develop the Disclosure Statement for implementation of FY 2022 fiscal plan 

objectives.

PR

3 Gil, Gerard 11/29/21 0.5 500.00 $ 250.00 $ Review the pension benefits projections and actuarial report in preparation for 

call with AAFAF regarding pension cost projections.

PR

3 San Miguel, 

Jorge

11/29/21 0.2 620.00 $ 124.00 $ Participate on call with G. Gil (ACG) regarding Generation FY 2023 budget 

development status in preparation for discussion with N. Morales (PREPA).

PR

6 Porter, Lucas 11/29/21 1.6 570.00 $ 912.00 $ Revise analysis on monthly fuel account funding based on data received from L. 

Londono (Luma) to inform revisions to the GridCo-GenCo Operating 

Agreement.

Not in PR

3 Marino, 

Nicholas

11/29/21 1.2 495.00 $ 594.00 $ Continue revising Generation Directorate budget-to-actual monthly analysis 

dashboard to track FY 2022 Generation expenditures and variances from 

budget.

Not in PR

3 Crisalli, Paul 11/29/21 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

25 Crisalli, Paul 11/29/21 0.6 875.00 $ 525.00 $ Review the final Ankura October 2021 monthly fee statement. Not in PR

25 Parker, 

Christine

11/29/21 0.5 200.00 $ 100.00 $ Participate on telephone call with J. Keys (ACG) regarding finalizing the 

Ankura October 2021 monthly fee statement.

Not in PR

3 Marino, 

Nicholas

11/29/21 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

25 Keys, Jamie 11/29/21 0.5 330.00 $ 165.00 $ Participate on telephone call with C. Parker (ACG) regarding finalizing the 

Ankura October 2021 monthly fee statement.

Not in PR

25 Keys, Jamie 11/29/21 2.3 330.00 $ 759.00 $ Review the latest version of the thirteenth interim fee application. Not in PR

50 Marino, 

Nicholas

11/29/21 1.1 495.00 $ 544.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/3/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 11/29/21 0.3 570.00 $ 171.00 $ Participate on call with F. Santos (PREPA) and G. Gil (ACG) to discuss FY 

2022 budget-related inquiries.

Not in PR

50 San Miguel, 

Jorge

11/29/21 0.4 620.00 $ 248.00 $ Review COVID-related developments from Fortaleza and Health Department 

and fuel delivery infrastructure developments with PUMA and Catano oil dock 

operator in preparation for the 12/3/21 bi-weekly mediation call.

PR

3 Gil, Gerard 11/29/21 0.3 500.00 $ 150.00 $ Participate on call with F. Santos (PREPA) and L. Porter (ACG) to discuss FY 

2022 budget-related inquiries.

PR

3 Porter, Lucas 11/29/21 0.4 570.00 $ 228.00 $ Prepare follow-up information to G. Gil (ACG) and AAFAF related to the 

PREPA FY 2022 certified fiscal plan pension reform initiative.

Not in PR

3 Gil, Gerard 11/29/21 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

3 Marino, 

Nicholas

11/29/21 0.5 495.00 $ 247.50 $ Participate on calls with J. San Miguel (ACG), L. Porter (ACG), L. Bauer (NR) 

and R. Arrieta (SM) to discuss PREPA historical financial information needed 

to develop the Disclosure Statement for implementation of FY 2022 fiscal plan 

objectives.

Not in PR

50 Keys, Jamie 11/29/21 0.6 330.00 $ 198.00 $ Prepare the weekly excel files for FOMB reporting. Not in PR

3 Gil, Gerard 11/29/21 0.2 500.00 $ 100.00 $ Participate on call with J. San Miguel (ACG) regarding Generation FY 2023 

budget development status in preparation for discussion with N. Morales 

(PREPA).

PR

6 Gil, Gerard 11/29/21 0.6 500.00 $ 300.00 $ Review the GridCo-GenCo Operating Agreement issues list sent by Cleary 

Gottlieb as reaction to Luma's comments and compare to draft GridCo-GenCo 

Operating Agreement.

PR

3 Porter, Lucas 11/29/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) and AAFAF representatives to discuss the 

PREPA FY 2022 certified fiscal plan pension reform initiative.

Not in PR

3 Porter, Lucas 11/30/21 0.3 570.00 $ 171.00 $ Participate in discussion with J. San Miguel (ACG) regarding edits to the final 

draft financial and operational reporting matrix outlined in the fiscal plan in 

advance of discussion with N. Morales (PREPA) and R. Zampierollo (PREPA).

Not in PR

2 Crisalli, Paul 11/30/21 0.4 875.00 $ 350.00 $ Correspond with J. Roque (Luma) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

2 Crisalli, Paul 11/30/21 1.3 875.00 $ 1,137.50 $ Participate in working session with L. Porter (ACG) regarding responses to the 

FOMB RFI related to PREPA bank accounts and GridCo-GenCo Operating 

Agreement account funding issues.

Not in PR

3 Gil, Gerard 11/30/21 0.9 500.00 $ 450.00 $ Participate on call with L. Porter (ACG) to discuss status FY 2022 fiscal plan 

initiative implementation in advance of meeting with PREPA management.

PR

3 Marino, 

Nicholas

11/30/21 0.5 495.00 $ 247.50 $ Prepare analysis of PREPA 725 KOE accounting data for July 2021 related to 

the FY 2022 fiscal plan budget-to-actual reporting.

Not in PR

3 Marino, 

Nicholas

11/30/21 0.4 495.00 $ 198.00 $ Revise analysis of PREPA 725 KOE accounting data for September 2021 

related to the FY 2022 fiscal plan budget-to-actual reporting.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 30 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 126 of 229
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 Marino, 

Nicholas

11/30/21 0.3 495.00 $ 148.50 $ Update the P3 Authority generation transformation transaction due diligence 

questions tracker following working session with G. Gil (ACG), L. Porter 

(ACG) and R. Zampierollo (PREPA).

Not in PR

3 Porter, Lucas 11/30/21 0.5 570.00 $ 285.00 $ Participate on call with N. Marino (ACG) to discuss analysis of FY 2022 budget 

and actual accounting data.

Not in PR

6 Gil, Gerard 11/30/21 0.9 500.00 $ 450.00 $ Review amended RFP for the P3 Authority generation transformation 

transaction process and bidder correspondence to inform FY 2022 fiscal plan 

implementation.

PR

3 Marino, 

Nicholas

11/30/21 0.5 495.00 $ 247.50 $ Participate on call with L. Porter (ACG) to discuss analysis of FY 2022 budget 

and actual accounting data.

Not in PR

3 Marino, 

Nicholas

11/30/21 0.5 495.00 $ 247.50 $ Revise and format the draft financial and operational reporting matrix as 

requested by L. Porter (ACG).

Not in PR

3 Marino, 

Nicholas

11/30/21 0.6 495.00 $ 297.00 $ Revise analysis of PREPA 725 KOE accounting data for July 2021 related to the 

FY 2022 fiscal plan budget-to-actual reporting.

Not in PR

3 Marino, 

Nicholas

11/30/21 0.4 495.00 $ 198.00 $ Revise analysis of PREPA 725 KOE accounting data for August 2021 related to 

the FY 2022 fiscal plan budget-to-actual reporting.

Not in PR

3 San Miguel, 

Jorge

11/30/21 0.3 620.00 $ 186.00 $ Participate in discussion with L. Porter (ACG) regarding edits to the final draft 

financial and operational reporting matrix outlined in the fiscal plan in advance 

of discussion with N. Morales (PREPA) and R. Zampierollo (PREPA).

PR

3 San Miguel, 

Jorge

11/30/21 1.3 620.00 $ 806.00 $ Revise final fiscal plan financial reporting matrix provided by L. Porter (ACG) 

in preparation for discussion with N. Morales (PREPA) and R. Zampierollo 

(PREPA).

PR

50 Keys, Jamie 11/30/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding changes in the weekly accounts 

payable report.

Not in PR

3 Marino, 

Nicholas

11/30/21 0.4 495.00 $ 198.00 $ Review the draft fiscal plan financial and operational reporting matrix as 

requested by L. Porter (ACG).

Not in PR

2 Crisalli, Paul 11/30/21 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

2 Keys, Jamie 11/30/21 1.1 330.00 $ 363.00 $ Review the daily cash flow and bank balance supporting documents circulated 

by J. Roque (Luma).

Not in PR

50 San Miguel, 

Jorge

11/30/21 0.4 620.00 $ 248.00 $ Review fuel pricing reports related to coal, LNG and fuel oil to inform 

discussion points for the 12/3/21 bi-weekly mediation call.

PR

2 Porter, Lucas 11/30/21 1.3 570.00 $ 741.00 $ Participate in working session with P. Crisalli (ACG) regarding responses to the 

FOMB RFI related to PREPA bank accounts and GridCo-GenCo Operating 

Agreement account funding issues.

Not in PR

2 Keys, Jamie 11/30/21 2.3 330.00 $ 759.00 $ Prepare the weekly cash flow outputs for the week ended 11/26/21 for review by 

P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 11/30/21 0.9 570.00 $ 513.00 $ Participate on call with G. Gil (ACG) to discuss status of FY 2022 fiscal plan 

initiative implementation in advance of meeting with PREPA management.

Not in PR

3 Porter, Lucas 11/30/21 0.7 570.00 $ 399.00 $ Review FY 2022 fiscal plan pension reform initiative materials related to 

pension costs to inform responses to AAFAF.

Not in PR

50 Marino, 

Nicholas

11/30/21 1.0 495.00 $ 495.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/3/21 bi-weekly mediation call.

Not in PR

6 Porter, Lucas 11/30/21 1.0 570.00 $ 570.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

N. Marino (ACG) to review the P3 Authority generation transformation 

transaction due diligence Q&A log.

Not in PR

6 Gil, Gerard 11/30/21 1.0 500.00 $ 500.00 $ Participate in working session with R. Zampierollo (PREPA), L. Porter (ACG) 

and N. Marino (ACG) to review the P3 Authority generation transformation 

transaction due diligence Q&A log.

PR

50 Smith, James 11/30/21 0.8 750.00 $ 600.00 $ Prepare initial draft notes for the 12/3/21 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 Marino, 

Nicholas

11/30/21 0.4 495.00 $ 198.00 $ Prepare analysis of PREPA 725 KOE accounting data for August 2021 related 

to the FY 2022 fiscal plan budget-to-actual reporting.

Not in PR

6 Porter, Lucas 11/30/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) and N. Marino (ACG) to discuss P3 

Authority generation transformation transaction due diligence responses.

Not in PR

3 Crisalli, Paul 11/30/21 0.4 875.00 $ 350.00 $ Review correspondence from the Luma Customer Experience team, and related 

source documents, regarding the October 2021 accounts receivable reports for 

fiscal plan reporting purposes.

Not in PR

3 Marino, 

Nicholas

11/30/21 0.4 495.00 $ 198.00 $ Prepare analysis of PREPA 725 KOE accounting data for September 2021 

related to the FY 2022 fiscal plan budget-to-actual reporting.

Not in PR

2 Crisalli, Paul 11/30/21 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 11/30/21 0.9 330.00 $ 297.00 $ Revise the weekly cash flow outputs for the week ended 11/26/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

3 Crisalli, Paul 11/30/21 0.5 875.00 $ 437.50 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 11/19/21.

Not in PR

Exhibit C

December 20, 2021 / #PR00053 31 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 127 of 229
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 11/30/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) and N. Marino (ACG) to discuss P3 

Authority generation transformation transaction due diligence responses.

PR

50 San Miguel, 

Jorge

11/30/21 2.2 620.00 $ 1,364.00 $ Review PREB filings, PREPA complaint and court injunction docket related to 

fuel supply controversy in preparation for the 12/3/21 bi-weekly mediation call.

PR

6 Marino, 

Nicholas

11/30/21 0.7 495.00 $ 346.50 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss P3 

Authority generation transformation transaction due diligence responses.

Not in PR

50 Keys, Jamie 11/30/21 1.4 330.00 $ 462.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

6 Marino, 

Nicholas

11/30/21 1.0 495.00 $ 495.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

L. Porter (ACG) to review the P3 Authority generation transformation 

transaction due diligence Q&A log.

Not in PR

TOTAL 715.4 383,053.90 $ 

Exhibit C

December 20, 2021 / #PR00053 32 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 128 of 229
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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 129 of 229
Exhibit D – Expense Summary By Expense Category and Complete Accounting Of Expenses Including Itemized Records

By Professional In Chronological Order

 Expense Category 

Billed 

Amount1

Airfare / Railway $ 678.40

Lodging $ 510.62

Meals $ 171.00

Transportation $ 171.53

TOTAL 1,531.55 $ 

1

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.

Exhibit D

December 20, 2021 / #PR00053 1 of 2

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 130 of 229
Exhibit D – Expense Summary By Expense Category and Complete Accounting Of Expenses Including Itemized Records

By Professional In Chronological Order

Expense Type Professional Date Expense Expense Description

Airfare / Railway Porter, Lucas 11/16/2021 $ 194.20 

One-way coach airfare from New York, NY to San Juan, 

PR (11/16/21).

Airfare / Railway Porter, Lucas 11/18/2021 $ 484.20 

One-way coach airfare from San Juan, PR to New York, 

NY (11/18/21).

Lodging Porter, Lucas 11/18/2021 $ 510.62 Lodging in San Juan, PR - 2 nights (11/16/21 - 11/18/21).

Meals Porter, Lucas 11/16/2021 $ 57.00 Per diem meal expenses in Puerto Rico.

Meals Porter, Lucas 11/17/2021 $ 57.00 Per diem meal expenses in Puerto Rico.

Meals Porter, Lucas 11/18/2021 $ 57.00 Per diem meal expenses in Puerto Rico.

Taxi/Limo Porter, Lucas 11/16/2021 $ 20.00 Per diem transportation expense in Puerto Rico.

Taxi/Limo Porter, Lucas 11/17/2021 20.00 $ Per diem transportation expense in Puerto Rico.

Taxi/Limo Porter, Lucas 11/18/2021 20.00 $ Per diem transportation expense in Puerto Rico.

Transportation Porter, Lucas 11/16/2021 $ 65.20 Taxi from home to airport (JFK).

Transportation Porter, Lucas 11/19/2021 $ 46.33 Taxi from airport (JFK) to home.

Total $ 1,531.55 

Exhibit D

December 20, 2021 / #PR00053 2 of 2

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 131 of 229
EXHIBIT G 

MONTHLY FEE STATEMENT OF ANKURA FOR COMPENSATION FOR SERVICES 

AND REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISOR TO THE 

DEBTOR, FOR THE PERIOD DECEMBER 1, 2021 THROUGH DECEMBER 31, 2021 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 132 of 229
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-FOURTH 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 DECEMBER 1, 2021 THROUGH DECEMBER 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: December 1, 2021 through December 31, 2021 

Amount of compensation sought

as actual, reasonable and necessary: $440,193.40 

Amount of expense reimbursement

sought as actual, reasonable and

necessary: 2 $0.00 

Invoice Date / Number January 28, 2022 / #PR00054 

This is a: X monthly interim final application.

This is Ankura’s fifty-fourth 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.

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 133 of 229
2

1. This is the fifty-fourth 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 $396,174.06 (90% of

$440,193.40 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

December 1, 2021 through December 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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 134 of 229
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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 135 of 229
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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 136 of 229
EXHIBIT A

SUMMARY OF PROFESSIONAL FEES BY TASK CODE

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 137 of 229
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 23,239.00 43.6 $ 

3 Fiscal Plan and Implementation 426.3 235,375.50 $ 

60 Swap Portfolio Analysis 1.6 684.40 $ 

Liquidity Related Matters

2 Cash and Liquidity Analysis 118.4 91,583.00 $ 

51 Cash and Liquidity Analysis - Public Assistance Program (Hurricanes) 17.5 9,307.00 $ 

Title III Matters

25 Preparation of Fee Statements and Applications 60.8 19,404.00 $ 

Other Matters

50 General Meetings with FOMB, UCC and/or Advisors 105.0 60,315.50 $ 

40 Statistical Validation FS Audits 0.5 285.00 $ 

Total 440,193.40 773.7 $ 

Exhibit A

January 28, 2022 / #PR00054 1 of 1

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 138 of 229
EXHIBIT B

SUMMARY OF HOURS AND FEES BY PROFESSIONAL

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 139 of 229
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 $ 128.8 $ 112,700.00

San Miguel, Jorge Senior Managing Director 620.00 $ 121.8 $ 75,516.00

Gil, Gerard Managing Director 500.00 $ 129.9 $ 64,950.00

Squiers, Jay Managing Director 785.00 $ 11.5 $ 9,027.50

Porter, Lucas Senior Director (1) 570.00 $ 139.2 $ 79,344.00

Keys, Jamie Senior Associate (1) 330.00 $ 98.0 $ 32,340.00

Marino, Nicholas Senior Associate 495.00 $ 84.7 $ 41,926.50

Parker, Christine Analyst 200.00 $ 36.1 $ 7,220.00

SUBTOTAL 750.0 $ 423,024.00

Other Practice Groups

Smith, James Senior Managing Director 750.00 $ 21.6 $ 16,200.00

Sabbe, Angela Managing Director 570.00 $ 0.5 $ 285.00

SUBTOTAL 22.1 $ 16,485.00

SWAP Portfolio Analyses

U.S. Professionals

Ciancanelli, John Senior Managing Director 665.00 $ 0.4 $ 266.00

Costa, Lindsey SWAP Portfolio Analysis Director 460.00 $ 0.4 $ 184.00

Dirlam, Josh SWAP Portfolio Analysis Associate 293.00 $ 0.8 $ 234.40

SUBTOTAL 1.6 $ 684.40

TOTAL 773.7 $ 440,193.40

Note:

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

Exhibit B

January 28, 2022 / #PR00054 1 of 1

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 140 of 229
EXHIBIT C

COMPLETE ACCOUNTING OF PROFESSIONAL FEES

INCLUDING ITEMIZED TIME RECORDS IN CHRONOLOGICAL ORDER

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 141 of 229
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 12/1/21 0.3 500.00 $ 150.00 $ Prepare additional comments and revisions to the issues list related to the 

GridCo-GenCo Operating Agreement.

PR

6 Gil, Gerard 12/1/21 2.3 500.00 $ 1,150.00 $ Review latest materials for the P3 Authority generation transformation 

transaction process, including latest comments and draft of the O&M 

Agreement, to inform comments to the GridCo-GenCo Operating Agreement.

PR

3 Smith, James 12/1/21 0.7 750.00 $ 525.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system status updates as of 12/1/21 to inform FY 2022 fiscal plan 

reporting.

Not in PR

2 Crisalli, Paul 12/1/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 11/26/21. Not in PR

50 Crisalli, Paul 12/1/21 0.9 875.00 $ 787.50 $ Revise the accounts payable aging summary file for changes to data source 

format provided by Luma.

Not in PR

2 Keys, Jamie 12/1/21 0.6 330.00 $ 198.00 $ Revise the weekly cash flow outputs for the week ended 11/26/21. Not in PR

2 Crisalli, Paul 12/1/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

50 Crisalli, Paul 12/1/21 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

12/1/21 1.1 495.00 $ 544.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/3/21 bi-weekly mediation call.

Not in PR

50 Smith, James 12/1/21 0.7 750.00 $ 525.00 $ Update draft outline for the 12/3/21 bi-weekly mediation call based on PREB 

resolutions and operations information.

Not in PR

6 Porter, Lucas 12/1/21 0.4 570.00 $ 228.00 $ Review comments and revisions to the issues list received from G. Gil (ACG) 

related to the GridCo-GenCo Operating Agreement.

Not in PR

50 Crisalli, Paul 12/1/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

3 Marino, 

Nicholas

12/1/21 0.9 495.00 $ 445.50 $ Review and compare PREPA 725 KOE accounting data for September 2021 

received from A. Cabrera (FW) versus Ankura calculated data per L. Porter 

(ACG) request.

Not in PR

50 Smith, James 12/1/21 1.2 750.00 $ 900.00 $ Review PREB regulatory resolutions related to PREPA and Luma in 

preparation for the 12/3/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 12/1/21 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

12/1/21 1.4 200.00 $ 280.00 $ Update Exhibits A, B and C of the Ankura November 2021 monthly fee 

statement for information currently available.

Not in PR

3 Porter, Lucas 12/1/21 1.1 570.00 $ 627.00 $ Analyze draft budget variance report from E. Ortiz (PREPA) for the FOMB 

required submittal on first quarter of FY 2022 financial results.

Not in PR

3 Porter, Lucas 12/1/21 0.7 570.00 $ 399.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system status updates as of 12/1/21 to inform FY 2022 fiscal plan 

reporting.

Not in PR

50 Keys, Jamie 12/1/21 0.3 330.00 $ 99.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

50 Keys, Jamie 12/1/21 0.7 330.00 $ 231.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

6 Porter, Lucas 12/1/21 0.3 570.00 $ 171.00 $ Participate on call with N. Koeppen (CGSH), S. Torres (P3A), L. Santa 

(PREPA) and other P3 Authority representatives to discuss the PREPA 

reorganization required by the T&D O&M agreement.

Not in PR

3 San Miguel, 

Jorge

12/1/21 0.4 620.00 $ 248.00 $ Review FY 2022 budget-to-actual data provided by E. Ortiz (PREPA) for 

discussion with N. Morales (PREPA).

PR

3 Porter, Lucas 12/1/21 0.2 570.00 $ 114.00 $ Prepare responding comments for E. Ortiz (PREPA) on the FOMB required 

submittal related to first quarter FY 2022 financial results.

Not in PR

6 Gil, Gerard 12/1/21 0.4 500.00 $ 200.00 $ Review responding comments from L. Porter (ACG) for the PREPA and P3 

Authority working group on revisions to the draft GridCo-GenCo Operating 

Agreement.

PR

50 Keys, Jamie 12/1/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding changes to the FEMA flash 

report.

Not in PR

50 Keys, Jamie 12/1/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

2 Crisalli, Paul 12/1/21 0.3 875.00 $ 262.50 $ Update the weekly cash flow presentation materials for distribution to Luma 

and PREPA.

Not in PR

50 San Miguel, 

Jorge

12/1/21 1.1 620.00 $ 682.00 $ Review preliminary monthly operating report data provided by N. Morales 

(PREPA) to inform agenda for the 12/3/21 bi-weekly mediation call.

PR

3 Porter, Lucas 12/1/21 0.2 570.00 $ 114.00 $ Participate on call with J. San Miguel (ACG) to discuss comments and review 

the draft budget-to-actual Q1 FY 2022 information provided by Luma as 

requested by N. Morales (PREPA).

Not in PR

6 Porter, Lucas 12/1/21 0.9 570.00 $ 513.00 $ Revise the analysis of historical monthly generation cost data received from E. 

Barbosa (PREPA) and L. Londono (Luma) to inform comments to the PREPA 

and P3 Authority working group on revisions the draft GridCo-GenCo 

Operating Agreement.

Not in PR

50 Keys, Jamie 12/1/21 0.4 330.00 $ 132.00 $ Prepare the weekly cash flow and liquidity related reporting package for 

distribution.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 1 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 142 of 229
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 12/1/21 1.2 570.00 $ 684.00 $ Prepare the generation operational report for the week ending 11/28/21 based 

on data received from G. Soto (Luma) for FOMB as required by the PREPA 

FY 2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

12/1/21 0.8 495.00 $ 396.00 $ Update the Generation Directorate budget-to-actual monthly analysis 

dashboard to track FY 2022 Generation Expenditures and Variances from 

Budget for inclusion of PA Capital Expenditure data.

Not in PR

50 Keys, Jamie 12/1/21 1.1 330.00 $ 363.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

25 Parker, 

Christine

12/1/21 2.9 200.00 $ 580.00 $ Review time descriptions to the Ankura November 2021 monthly fee statement 

for information currently assembled.

Not in PR

3 Gil, Gerard 12/1/21 0.6 500.00 $ 300.00 $ Review and analyze draft budget variance report for the FOMB required 

submittal on first quarter of FY 2022 financial results.

PR

2 Crisalli, Paul 12/1/21 0.4 875.00 $ 350.00 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

3 Porter, Lucas 12/1/21 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 

11/28/21 as required by the FY 2022 certified fiscal plan.

Not in PR

3 Porter, Lucas 12/1/21 0.3 570.00 $ 171.00 $ Review and revise the updated fleet status report provided by J. Smith (ACG) 

for 11/28/21 generation operating report submittal to the FOMB as required by 

the FY 2022 fiscal plan.

Not in PR

50 Keys, Jamie 12/1/21 0.9 330.00 $ 297.00 $ Prepare the weekly FEMA flash report for the week ended 11/26/21 for review 

by P. Crisalli (ACG).

Not in PR

50 Smith, James 12/1/21 0.1 750.00 $ 75.00 $ Review the generation operational reports prepared by L. Porter (ACG) in 

preparation for the 12/3/21 bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

12/1/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Morales (PREPA) regarding the budget-toactual report from Luma for Q1 FY 2022.PR

6 Porter, Lucas 12/1/21 0.7 570.00 $ 399.00 $ Prepare responding comments for G. Gil (ACG) and the PREPA and P3 

Authority working group on revisions to the draft GridCo-GenCo Operating 

Agreement.

Not in PR

3 San Miguel, 

Jorge

12/1/21 0.2 620.00 $ 124.00 $ Participate on call with L. Porter (ACG) to discuss comments and review the 

draft budget-to-actual Q1 FY 2022 information provided by Luma as requested 

by N. Morales (PREPA).

PR

60 Ciancanelli, 

John

12/2/21 0.4 665.00 $ 266.00 $ Participate in discussion with L. Costa (ACG) regarding results of the Interest 

Rate SWAP valuation for 2021.

Not in PR

3 Porter, Lucas 12/2/21 0.4 570.00 $ 228.00 $ Participate on calls with E. Ortiz (PREPA) to discuss draft FY 2022 budget 

variance report.

Not in PR

3 Gil, Gerard 12/2/21 0.4 500.00 $ 200.00 $ Participate on call with E. Ortiz (PREPA) and R. Zampierollo (PREPA) to 

discuss the PREPA 725 budget-to-actual report.

PR

3 San Miguel, 

Jorge

12/2/21 1.3 620.00 $ 806.00 $ Review updated budget reapportionment support data received from PREPA 

Finance to inform response to the FOMB RFI.

PR

3 Gil, Gerard 12/2/21 0.3 500.00 $ 150.00 $ Review letter from the FOMB regarding the Generation staff additions and the 

FY 2022 budget.

PR

51 San Miguel, 

Jorge

12/2/21 1.1 620.00 $ 682.00 $ Participate in meeting with R. Zampierollo (PREPA) and G. Gil (ACG) to 

discuss PMO and DFMO organizational matters and federal funds 

management matters under the fiscal plan.

PR

3 Porter, Lucas 12/2/21 0.5 570.00 $ 285.00 $ Participate on calls with G. Gil (ACG) to discuss draft responding letter related 

to the FY 2022 budget to inform response to N. Morales (PREPA).

Not in PR

3 Porter, Lucas 12/2/21 0.7 570.00 $ 399.00 $ Revise draft responding letter from J. San Miguel (ACG) to describe FY 2022 

budget variances for request from N. Morales (PREPA).

Not in PR

3 Gil, Gerard 12/2/21 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 budget variances 

and accounting data for submittal to the FOMB.

PR

3 Gil, Gerard 12/2/21 1.0 500.00 $ 500.00 $ Review and prepare draft changes to the PREPA response letter to the FOMB 

regarding the FY 2022 budget reapportionment.

PR

3 Gil, Gerard 12/2/21 1.1 500.00 $ 550.00 $ Review and analyze correspondence between the FOMB and PREPA regarding 

FY 2022 budget reapportionment per N. Morales (PREPA) request.

PR

51 Keys, Jamie 12/2/21 1.1 330.00 $ 363.00 $ Review the updated emergency vendor invoice information provided by S. 

Diaz (ARI) to inform the reconciliation process.

Not in PR

50 Porter, Lucas 12/2/21 0.7 570.00 $ 399.00 $ Revise draft meeting notes from J. San Miguel (ACG) and J. Smith (ACG) for 

the 12/3/21 bi-weekly mediation call.

Not in PR

3 Crisalli, Paul 12/2/21 0.6 875.00 $ 525.00 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 11/26/21.Not in PR

3 Marino, 

Nicholas

12/2/21 0.7 495.00 $ 346.50 $ Continue comparing PREPA 725 KOE accounting data for September 2021 

received from A. Cabrera (FW) versus Ankura calculated data per L. Porter 

(ACG) request.

Not in PR

3 Gil, Gerard 12/2/21 0.4 500.00 $ 200.00 $ Participate in meeting with J. San Miguel (ACG) to discuss initial draft of the 

response letter to the FOMB regarding the FY 2022 budget reapportionment.

PR

3 Porter, Lucas 12/2/21 0.6 570.00 $ 342.00 $ Incorporate further revisions from J. San Miguel (ACG) into draft letter 

response for N. Morales (PREPA) regarding FY 2022 budget.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 2 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 143 of 229
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 12/2/21 0.6 750.00 $ 450.00 $ Review recent news, outage information and legislative information related to 

Luma and PREPA and update draft notes in preparation for the 12/3/21 biweekly mediation call.

Not in PR

3 Porter, Lucas 12/2/21 0.8 570.00 $ 456.00 $ Incorporate requested changes from J. San Miguel (ACG) and G. Gil (ACG) 

into draft letter response for N. Morales (PREPA) regarding FY 2022 budget.

Not in PR

3 San Miguel, 

Jorge

12/2/21 0.6 620.00 $ 372.00 $ Review the FOMB RFI regarding budget reapportionment request and updated 

budget-to-actual provided by E. Ortiz (PREPA) in support of draft response.

PR

50 Smith, James 12/2/21 0.3 750.00 $ 225.00 $ Review the PREB regulatory docket and filings related to PREPA and Luma in 

preparation for the 12/3/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

12/2/21 0.8 495.00 $ 396.00 $ Review PREPA 725 KOE raw accounting data for October 2021 as requested 

by L. Porter (ACG).

Not in PR

2 Crisalli, Paul 12/2/21 1.0 875.00 $ 875.00 $ Develop templates for the cash flow and liquidity reports for the week ended 

12/3/21.

Not in PR

50 Smith, James 12/2/21 1.5 750.00 $ 1,125.00 $ Review and compile November generation operations and outage reports 

received from G. Soto (Luma) in support of the creditor reporting workstream.

Not in PR

51 Gil, Gerard 12/2/21 0.7 500.00 $ 350.00 $ Participate in meeting with R. Zampierollo (PREPA) and J. San Miguel (ACG) 

to discuss PMO and DFMO organizational matters and federal funds 

management matters under the fiscal plan (partial).

PR

3 Porter, Lucas 12/2/21 1.9 570.00 $ 1,083.00 $ Participate in working session with R. Zampierollo (PREPA), L. Matias 

(PREPA), J. San Miguel (ACG) and G. Gil (ACG) to analyze FY 2022 budget 

variances and accounting data for submittal to the FOMB.

Not in PR

3 Porter, Lucas 12/2/21 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss FY 2022 budget variances and 

accounting data for submittal to the FOMB.

Not in PR

50 Smith, James 12/2/21 1.3 750.00 $ 975.00 $ Prepare the fleet status report for distribution to creditors for the 12/3/21 biweekly mediation call.Not in PR

3 San Miguel, 

Jorge

12/2/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Marino (ACG) regarding edits to the final 

reporting table on financial and operational initiatives under the certified fiscal 

plan requested by N. Morales (PREPA).

PR

3 Gil, Gerard 12/2/21 0.3 500.00 $ 150.00 $ Participate on call with N. Morales (PREPA) to discuss the FOMB RFI related 

to the FY 2022 budget reapportionment request.

PR

3 Porter, Lucas 12/2/21 0.9 570.00 $ 513.00 $ Finalize and submit draft letter response to N. Morales (PREPA) regarding 

requested information on FY 2022 budget variances.

Not in PR

3 Marino, 

Nicholas

12/2/21 0.3 495.00 $ 148.50 $ Participate in discussion with J. San Miguel (ACG) regarding edits to the final 

reporting table on financial and operational initiatives under the certified fiscal 

plan requested by N. Morales (PREPA).

Not in PR

50 Crisalli, Paul 12/2/21 0.4 875.00 $ 350.00 $ Review and revise materials for the 12/3/21 bi-weekly mediation call related to 

cash flow and liquidity.

Not in PR

3 Porter, Lucas 12/2/21 0.8 570.00 $ 456.00 $ Participate in discussion with J. San Miguel (ACG) regarding the proposed 

response to the FOMB RFI related to budget reapportionment request from 

PREPA.

Not in PR

3 Gil, Gerard 12/2/21 1.9 500.00 $ 950.00 $ Participate in working session with R. Zampierollo (PREPA), L. Matias 

(PREPA), J. San Miguel (ACG) and L. Porter (ACG) to analyze FY 2022 

budget variances and accounting data for submittal to the FOMB.

PR

50 San Miguel, 

Jorge

12/2/21 0.9 620.00 $ 558.00 $ Revise updated agenda for the 12/3/21 bi-weekly mediation call related to 

financial and operational updates.

PR

3 San Miguel, 

Jorge

12/2/21 0.6 620.00 $ 372.00 $ Prepare outline for response proposed by PREPA related to the FOMB RFI on 

budget reapportionment request for discussion with L. Porter (ACG) and G. 

Gil (ACG).

PR

3 Porter, Lucas 12/2/21 1.2 570.00 $ 684.00 $ Analyze accounting data provided by E. Ortiz (PREPA) to inform responding 

comments and revisions to budget variance letter for N. Morales (PREPA).

Not in PR

3 San Miguel, 

Jorge

12/2/21 0.5 620.00 $ 310.00 $ Finalize reporting table and transmittal supporting information to N. Morales 

(PREPA).

PR

3 San Miguel, 

Jorge

12/2/21 0.4 620.00 $ 248.00 $ Review the FOMB RFI on the generation hiring initiative provided by N. 

Morales (PREPA) for discussion on response thereto.

PR

3 San Miguel, 

Jorge

12/2/21 0.3 620.00 $ 186.00 $ Participate in discussion with N. Morales (PREPA) regarding the final 

reporting table on financial and operational initiatives under the certified fiscal 

plan.

PR

50 Marino, 

Nicholas

12/2/21 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 12/3/21 bi-weekly mediation call.

Not in PR

25 Parker, 

Christine

12/2/21 2.5 200.00 $ 500.00 $ Assemble time descriptions for the period 11/14/21 - 11/20/21 for inclusion in 

the Ankura November 2021 monthly fee statement.

Not in PR

3 Gil, Gerard 12/2/21 0.6 500.00 $ 300.00 $ Review and edit draft response to the FOMB letter on the FY 2022 budget 

reapportionment for submission to N. Morales (PREPA).

PR

Exhibit C

January 28, 2022 / #PR00054 3 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 144 of 229
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

12/2/21 1.1 620.00 $ 682.00 $ Participate in working session with R. Zampierollo (PREPA), L. Matias 

(PREPA), G. Gil (ACG) and L. Porter (ACG) to analyze FY 2022 budget 

variances and accounting data for submittal to the FOMB (partial).

PR

3 San Miguel, 

Jorge

12/2/21 0.4 620.00 $ 248.00 $ Participate in meeting with G. Gil (ACG) to discuss initial draft of the response 

letter to the FOMB regarding the FY 2022 budget reapportionment.

PR

3 Marino, 

Nicholas

12/2/21 1.1 495.00 $ 544.50 $ Analyze and develop variance analysis of PREPA 725 KOE accounting data 

for October 2021 to Q1 FY 2022 months as requested by L. Porter (ACG).

Not in PR

50 San Miguel, 

Jorge

12/2/21 1.1 620.00 $ 682.00 $ Review PREPA filings with PREB related to generation permanent work 

projects to inform the 12/3/21 bi-weekly mediation call.

PR

60 Costa, Lindsey 12/2/21 0.4 460.00 $ 184.00 $ Participate in discussion with J. Ciancanelli (ACG) regarding results of the 

Interest Rate SWAP valuation for 2021.

Not in PR

3 Porter, Lucas 12/2/21 0.3 570.00 $ 171.00 $ Prepare responding comments for F. Hernandez (FOMB) regarding weekly 

generation report required by FY 2022 fiscal plan.

Not in PR

3 San Miguel, 

Jorge

12/2/21 0.8 620.00 $ 496.00 $ Participate in discussion with L. Porter (ACG) regarding the proposed 

response to the FOMB RFI related to budget reapportionment request from 

PREPA.

PR

3 Gil, Gerard 12/2/21 0.5 500.00 $ 250.00 $ Participate on calls with L. Porter (ACG) to discuss draft responding letter 

related to the FY 2022 budget to inform response to N. Morales (PREPA).

PR

50 Gil, Gerard 12/2/21 0.9 500.00 $ 450.00 $ Review and provide comments to materials for the 12/3/21 bi-weekly 

mediation call.

PR

50 Smith, James 12/2/21 1.1 750.00 $ 825.00 $ Update draft outline for the 12/3/21 bi-weekly mediation call based on 

comments received from J. San Miguel (ACG).

Not in PR

3 Gil, Gerard 12/2/21 0.6 500.00 $ 300.00 $ Review and analyze the 725 report for Q1 to inform response to letter to the 

FOMB regarding the FY 2022 budget reapportionment.

PR

3 Porter, Lucas 12/2/21 0.3 570.00 $ 171.00 $ Review accounting data provided by C. Cernuda (FW) to inform responding 

comments and revisions to budget variance letter for N. Morales (PREPA).

Not in PR

25 Parker, 

Christine

12/2/21 2.2 200.00 $ 440.00 $ Assemble time descriptions for the period 11/21/21 - 11/27/21 for inclusion in 

the Ankura November 2021 monthly fee statement.

Not in PR

3 San Miguel, 

Jorge

12/2/21 0.9 620.00 $ 558.00 $ Participate in discussion with N. Morales (PREPA) regarding response to the 

FOMB RFI on budget reallocation request and supporting information.

PR

51 Crisalli, Paul 12/2/21 0.8 875.00 $ 700.00 $ Prepare analysis of FEMA proceeds related to emergency vendors for N. 

Morales (PREPA) to inform the reconciliation process.

Not in PR

3 Marino, 

Nicholas

12/2/21 0.3 495.00 $ 148.50 $ Revise PREPA Obligations & Structure reporting Matrix per J. San Miguel 

(ACG) request.

Not in PR

25 Parker, 

Christine

12/2/21 1.1 200.00 $ 220.00 $ Assemble time descriptions for the period 11/28/21 - 11/30/21 for inclusion in 

the Ankura November 2021 monthly fee statement.

Not in PR

50 San Miguel, 

Jorge

12/2/21 0.8 620.00 $ 496.00 $ Review recent event updates provided by N. Marino (ACG) to inform the 

12/3/21 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

12/2/21 0.4 620.00 $ 248.00 $ Review financial and liquidity update from P. Crisalli (ACG) and fleet status 

report from J. Smith (ACG) in advance of the 12/3/21 bi-weekly mediation 

call.

PR

50 Gil, Gerard 12/3/21 0.5 500.00 $ 250.00 $ Participate on the bi-weekly mediation call. PR

3 Gil, Gerard 12/3/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to prepare for meeting with PREPA 

management regarding the FY 2022 budget variance analysis.

PR

3 Porter, Lucas 12/3/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to prepare for meeting with PREPA 

management regarding the FY 2022 budget variance analysis.

Not in PR

50 San Miguel, 

Jorge

12/3/21 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) to review and revise supporting 

materials for the 12/3/21 bi-weekly mediation call related to cash flow and 

liquidity.

PR

3 San Miguel, 

Jorge

12/3/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Morales (PREPA) regarding the invoice 

certification process for emergency vendor reimbursement effort requested by 

AAFAF.

PR

3 Keys, Jamie 12/3/21 0.8 330.00 $ 264.00 $ Review the monthly accounts receivable reports prior to distribution to FOMB. Not in PR

3 Porter, Lucas 12/3/21 0.4 570.00 $ 228.00 $ Review responding information from J. Adrover (PREPA) related to FY 2022 

budget variances. 

Not in PR

3 Gil, Gerard 12/3/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding sources of data 

related to budgeting reconciliation to inform budget-to-actual reports for 

HoldCo and GenCo.

PR

50 Crisalli, Paul 12/3/21 0.5 875.00 $ 437.50 $ Participate on the bi-weekly mediation call. Not in PR

3 Gil, Gerard 12/3/21 1.3 500.00 $ 650.00 $ Review and analyze FY 2022 labor expenses budget-to-actuals materials 

provided by J. Adrover (PREPA) in preparation for upcoming meeting with 

the FOMB.

PR

3 Gil, Gerard 12/3/21 0.4 500.00 $ 200.00 $ Participate on call with E. Ortiz (PREPA) to discuss reapportionment request 

submitted to the FOMB and preparation for upcoming call.

PR

6 Porter, Lucas 12/3/21 0.2 570.00 $ 114.00 $ Prepare the revised draft issues list for distribution to the P3 Authority and 

PREPA teams.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 4 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 145 of 229
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 12/3/21 1.1 570.00 $ 627.00 $ Analyze accounting data provided by E. Ortiz (PREPA) and J. Adrover 

(PREPA) to inform comments to budget variance reports.

Not in PR

3 Gil, Gerard 12/3/21 0.4 500.00 $ 200.00 $ Participate on call with R. Zampierollo (PREPA) to discuss budget-to-actual 

submittal to the FOMB due next week.

PR

50 San Miguel, 

Jorge

12/3/21 0.2 620.00 $ 124.00 $ Participate on call with J. Smith (ACG) to review operational data and 

maintenance schedules for power plant units to inform the bi-weekly mediation 

call.

PR

3 Porter, Lucas 12/3/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss data requests from N. Morales 

(PREPA) for the FY 2022 budget variance analysis.

Not in PR

50 Porter, Lucas 12/3/21 0.5 570.00 $ 285.00 $ Participate on the bi-weekly mediation call. Not in PR

3 Porter, Lucas 12/3/21 0.4 570.00 $ 228.00 $ Prepare and send follow-up requests for information to J. Adrover (PREPA) 

regarding FY 2022 accounting data for the budget variance report.

Not in PR

50 Keys, Jamie 12/3/21 0.5 330.00 $ 165.00 $ Participate on the bi-weekly mediation call. Not in PR

6 Gil, Gerard 12/3/21 0.2 500.00 $ 100.00 $ Review the updated draft issues list received from L. Porter (ACG) related to 

the GridCo-Genco Operating Agreement for submission to P3 Authority.

PR

2 Crisalli, Paul 12/3/21 2.1 875.00 $ 1,837.50 $ Develop work plan and the initial RFI list for the January 2022 cash flow 

budget.

Not in PR

3 Gil, Gerard 12/3/21 0.8 500.00 $ 400.00 $ Participate on call with L. Porter (ACG) to discuss follow-up requests received 

from N. Morales (PREPA) regarding the FY 2022 budget variance report.

PR

3 San Miguel, 

Jorge

12/3/21 0.6 620.00 $ 372.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), L. Matias 

(PREPA), G. Gil (ACG) and L. Porter (ACG) to discuss responding 

information for the FOMB RFI related to FY 2022 budget labor costs.

PR

3 Porter, Lucas 12/3/21 0.6 570.00 $ 342.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), L. Matias 

(PREPA), J. San Miguel (ACG) and G. Gil (ACG) to discuss responding 

information for the FOMB RFI related to FY 2022 budget labor costs.

Not in PR

3 San Miguel, 

Jorge

12/3/21 0.7 620.00 $ 434.00 $ Review additional and updated budget data from J. Adrover (PREPA) and E. 

Ortiz (PREPA) for response to the FOMB RFI related to the reapportionment 

request.

PR

50 Smith, James 12/3/21 0.2 750.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) to review operational data and 

maintenance schedules for power plant units to inform the bi-weekly mediation 

call.

Not in PR

51 Crisalli, Paul 12/3/21 0.5 875.00 $ 437.50 $ Participate on call with S. Diaz (ARI) and J. Keys (ACG) regarding emergency 

vendor outstanding invoices and related FEMA proceeds.

Not in PR

3 Crisalli, Paul 12/3/21 0.8 875.00 $ 700.00 $ Participate on call with L. Porter (ACG) regarding salaries and wages, KOE 

reporting, fuel analysis and related account funding matters.

Not in PR

3 San Miguel, 

Jorge

12/3/21 0.6 620.00 $ 372.00 $ Participate in meeting with N. Morales (PREPA), L. Matias (PREPA), J. 

Adrover (PREPA), E. Ortiz (PREPA), L. Porter (ACG), G. Gil (ACG) and 

FOMB representatives to discuss the FOMB RFI related to the HoldCo and 

GenCo budget-to-actual report.

PR

50 Porter, Lucas 12/3/21 0.3 570.00 $ 171.00 $ Review meeting notes in preparation for the bi-weekly mediation call. Not in PR

3 Porter, Lucas 12/3/21 0.2 570.00 $ 114.00 $ Participate on call with E. Ortiz (PREPA) to discuss accounting analysis for 

FY 2022 budget variance report.

Not in PR

3 Porter, Lucas 12/3/21 0.8 570.00 $ 456.00 $ Participate on call with G. Gil (ACG) to discuss follow-up requests received 

from N. Morales (PREPA) regarding FY 2022 budget variance report.

Not in PR

50 Marino, 

Nicholas

12/3/21 0.2 495.00 $ 99.00 $ Aggregate and edit creditor representative questions during the bi-weekly 

creditor mediation call for distribution to Ankura team.

Not in PR

3 Gil, Gerard 12/3/21 0.6 500.00 $ 300.00 $ Participate on call with N. Morales (PREPA), E. Ortiz (PREPA), L. Matias 

(PREPA), J. San Miguel (ACG) and L. Porter (ACG) to discuss responding 

information for the FOMB RFI related to FY 2022 budget labor costs.

PR

3 Porter, Lucas 12/3/21 0.6 570.00 $ 342.00 $ Participate in meeting with N. Morales (PREPA), L. Matias (PREPA), J. 

Adrover (PREPA), E. Ortiz (PREPA), J. San Miguel (ACG), G. Gil (ACG) 

and FOMB representatives to discuss the FOMB RFI related to the HoldCo 

and GenCo budget-to-actual report.

Not in PR

50 San Miguel, 

Jorge

12/3/21 0.3 620.00 $ 186.00 $ Review the fuel-related update information provided by L. Porter (ACG) to 

inform the bi-weekly mediation call.

PR

3 Gil, Gerard 12/3/21 0.6 500.00 $ 300.00 $ Participate in meeting with N. Morales (PREPA), L. Matias (PREPA), J. 

Adrover (PREPA), E. Ortiz (PREPA), L. Porter (ACG), J. San Miguel (ACG) 

and FOMB representatives to discuss the FOMB RFI related to the HoldCo 

and GenCo budget-to-actual report.

PR

51 Crisalli, Paul 12/3/21 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) regarding the invoice 

certification efforts related to emergency vendor reimbursements.

Not in PR

6 Porter, Lucas 12/3/21 0.5 570.00 $ 285.00 $ Participate on call with I. Mohip (PREPA), H. Fink (HL) and representatives 

of P3 Authority and the FOMB to discuss environmental-related due diligence 

questions for the P3 Authority generation transformation transaction.

Not in PR

50 Marino, 

Nicholas

12/3/21 0.5 495.00 $ 247.50 $ Participate on the bi-weekly mediation call. Not in PR

Exhibit C

January 28, 2022 / #PR00054 5 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 146 of 229
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 12/3/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss data requests from N. 

Morales (PREPA) for the FY 2022 budget variance analysis.

PR

3 Marino, 

Nicholas

12/3/21 0.8 495.00 $ 396.00 $ Update the Generation Directorate budget-to-actual monthly analysis 

dashboard to track FY 2022 Generation Expenditures and Variances from 

Budget for inclusion of PA Capital Expenditure data.

Not in PR

51 Crisalli, Paul 12/3/21 0.3 875.00 $ 262.50 $ Prepare for call with S. Diaz (ARI) regarding emergency vendor outstanding 

invoices and related FEMA proceeds.

Not in PR

50 San Miguel, 

Jorge

12/3/21 0.5 620.00 $ 310.00 $ Participate on the bi-weekly mediation call. PR

50 Smith, James 12/3/21 0.5 750.00 $ 375.00 $ Participate on the bi-weekly mediation call. Not in PR

51 Keys, Jamie 12/3/21 0.5 330.00 $ 165.00 $ Participate on call with S. Diaz (ARI) and P. Crisalli (ACG) regarding 

emergency vendor outstanding invoices and related FEMA proceeds.

Not in PR

50 Keys, Jamie 12/3/21 0.5 330.00 $ 165.00 $ Review the final agenda prior to the bi-weekly mediation call. Not in PR

3 Porter, Lucas 12/3/21 0.4 570.00 $ 228.00 $ Review and comment on FOMB responding materials from N. Morales 

(PREPA) regarding FY 2022 budget variances.

Not in PR

3 San Miguel, 

Jorge

12/3/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding sources of data related 

to budgeting reconciliation to inform budget-to-actual reports for HoldCo and 

GenCo.

PR

3 Porter, Lucas 12/3/21 1.0 570.00 $ 570.00 $ Analyze data provided by J. Adrover (PREPA) to inform responding materials 

for N. Morales (PREPA) related to FY 2022 budget variances.

Not in PR

3 Porter, Lucas 12/3/21 0.8 570.00 $ 456.00 $ Participate on call with P. Crisalli (ACG) regarding salaries and wages, KOE 

reporting, fuel analysis and related account funding matters.

Not in PR

51 San Miguel, 

Jorge

12/3/21 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) regarding the invoice 

certification efforts related to emergency vendor reimbursements.

PR

6 Porter, Lucas 12/3/21 0.4 570.00 $ 228.00 $ Review and revise the draft issues list received from G. Gil (ACG) related to 

the GridCo-GenCo Operating Agreement.

Not in PR

3 San Miguel, 

Jorge

12/3/21 0.1 620.00 $ 62.00 $ Participate on call with E. Ortiz (PREPA) regarding HoldCo and GenCo 

budgeting matters to respond to the FOMB RFI.

PR

50 Crisalli, Paul 12/3/21 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to review and revise supporting 

materials for the 12/3/21 bi-weekly mediation call related to cash flow and 

liquidity.

Not in PR

25 Parker, 

Christine

12/3/21 1.8 200.00 $ 360.00 $ Update Exhibits A, B and C of the Ankura November 2021 monthly fee 

statement for information currently available.

Not in PR

50 San Miguel, 

Jorge

12/3/21 1.6 620.00 $ 992.00 $ Review and edit agenda for the bi-weekly mediation call to address PREPA 

comments and input from PREB filings.

PR

3 San Miguel, 

Jorge

12/4/21 0.9 620.00 $ 558.00 $ Review draft audited financial statement for 2019 and comments from counsel 

in preparation for discussion with J. Adrover (PREPA).

PR

3 Porter, Lucas 12/6/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss follow-up request for 

information received from N. Morales (PREPA) regarding the FY 2022 budget 

variance report.

Not in PR

25 Keys, Jamie 12/6/21 1.2 330.00 $ 396.00 $ Review L. Porter (ACG) comments to the thirteenth interim fee application. Not in PR

3 Gil, Gerard 12/6/21 0.6 500.00 $ 300.00 $ Participate in working session with L. Porter (ACG) and P. Crisalli (ACG) 

regarding status updates for FY 2022 fiscal plan implementation and reporting.

PR

50 Marino, 

Nicholas

12/6/21 1.3 495.00 $ 643.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/17/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 12/6/21 0.8 570.00 $ 456.00 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) to discuss FY 

2022 budget and updated 725 report to inform response to the FOMB RFI.

Not in PR

3 Gil, Gerard 12/6/21 1.1 500.00 $ 550.00 $ Review and analyze financial data provided by J. Adrover (PREPA) for FY 

2022 budget variance report.

PR

6 Gil, Gerard 12/6/21 1.2 500.00 $ 600.00 $ Review and mark-up the latest draft GridCo-GenCo agreement prepared and 

sent by Luma on 12/3/21. 

PR

3 Porter, Lucas 12/6/21 0.9 570.00 $ 513.00 $ Participate on call with. N. Morales (PREPA), J. Adrover (PREPA), L. Matias 

(PREPA), J. San Miguel (ACG), G. Gil (ACG) and P. Crisalli (ACG) 

regarding the PREPA payroll-related payment summary with non-recurring 

items.

Not in PR

3 Crisalli, Paul 12/6/21 0.4 875.00 $ 350.00 $ Participate on call with N. Marino (ACG), J. San Miguel (ACG) and L. Porter 

(ACG) regarding the financial reporting matrix related to the PREPA fiscal 

plan, budget, cash flow and other reports.

Not in PR

3 Marino, 

Nicholas

12/6/21 0.4 495.00 $ 198.00 $ Participate on call with J. San Miguel (ACG), P. Crisalli (ACG) and L. Porter 

(ACG) regarding the financial reporting matrix related to the PREPA fiscal 

plan, budget, cash flow and other reports.

Not in PR

2 Crisalli, Paul 12/6/21 0.5 875.00 $ 437.50 $ Update the detailed work plan and requests for information regarding other 

accounts payable for Luma and PREPA related to the January 2022 cash flow 

budget.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 6 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 147 of 229
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 12/6/21 0.6 875.00 $ 525.00 $ Update the detailed work plan and requests for information regarding 

employee disbursements for Luma and PREPA related to the January 2022 

cash flow budget.

Not in PR

3 Porter, Lucas 12/6/21 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss data provided by J. Adrover 

(PREPA) to inform the FY 2022 budget variance report related to PREPA 

labor.

Not in PR

3 Porter, Lucas 12/6/21 0.4 570.00 $ 228.00 $ Participate on call with N. Marino (ACG) to discuss the FY 2022 fiscal plan 

reporting requirements summary requested by N. Morales (PREPA).

Not in PR

3 Porter, Lucas 12/6/21 0.6 570.00 $ 342.00 $ Participate in working session with G. Gil (ACG) and P. Crisalli (ACG) 

regarding status updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

51 Keys, Jamie 12/6/21 1.1 330.00 $ 363.00 $ Review the weekly project worksheet status reports for the weeks ended 

11/26/21 and 12/3/21.

Not in PR

3 San Miguel, 

Jorge

12/6/21 0.3 620.00 $ 186.00 $ Participate on calls with L. Porter (ACG) to discuss follow-up request for 

information received from N. Morales (PREPA) regarding the FY 2022 budget 

variance report.

PR

3 Porter, Lucas 12/6/21 0.4 570.00 $ 228.00 $ Prepare follow-up requests for information to J. Adrover (PREPA) regarding 

updated FY 2022 accounting data to inform budget variance reports.

Not in PR

6 Porter, Lucas 12/6/21 0.3 570.00 $ 171.00 $ Review comments from G. Gil (ACG) to the updated draft GridCo-GenCo 

Operating Agreement.

Not in PR

3 San Miguel, 

Jorge

12/6/21 0.2 620.00 $ 124.00 $ Correspond with J. Squiers (ACG) regarding support requested by N. Morales 

(PREPA) and R. Zampierollo (PREPA) related to procurement of generation 

security services.

PR

3 Crisalli, Paul 12/6/21 0.2 875.00 $ 175.00 $ Review the draft financial report matrix in preparation for call with N. Marino 

(ACG), J. San Miguel (ACG) and L. Porter (ACG).

Not in PR

3 Gil, Gerard 12/6/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss follow-up request for 

information from N. Morales (PREPA) regarding the FY 2022 budget variance 

report.

PR

3 San Miguel, 

Jorge

12/6/21 0.3 620.00 $ 186.00 $ Review the FOMB letter to PREPA regarding the RFI related to the hiring 

initiative for the Generation directorate.

PR

3 Marino, 

Nicholas

12/6/21 0.4 495.00 $ 198.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 fiscal plan 

reporting requirements summary requested by N. Morales (PREPA).

Not in PR

25 Parker, 

Christine

12/6/21 0.6 200.00 $ 120.00 $ Participate on call with J. Keys (ACG) regarding suggested changes to the 

Ankura November 2021 monthly fee statement.

Not in PR

25 Keys, Jamie 12/6/21 0.6 330.00 $ 198.00 $ Participate on call with C. Parker (ACG) regarding suggested changes to the 

Ankura November 2021 monthly fee statement.

Not in PR

3 Gil, Gerard 12/6/21 0.4 500.00 $ 200.00 $ Participate in meeting with J. San Miguel (ACG) to discuss responses to 

various FOMB RFIs on labor expenses and hiring plan costs.

PR

3 Marino, 

Nicholas

12/6/21 1.4 495.00 $ 693.00 $ Revise the PREPA financial reporting matrix per J. San Miguel (ACG) 

comments.

Not in PR

2 Crisalli, Paul 12/6/21 0.4 875.00 $ 350.00 $ Correspond with Luma and PREPA regarding timeline and work plan for the 

January 2022 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

12/6/21 0.4 620.00 $ 248.00 $ Participate in meeting with G. Gil (ACG) to discuss responses to various 

FOMB RFIs on labor expenses and hiring plan costs.

PR

3 San Miguel, 

Jorge

12/6/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) regarding budgeting results and 

projections for FY 2022 to respond to the FOMB RFI.

PR

3 Crisalli, Paul 12/6/21 0.6 875.00 $ 525.00 $ Participate in working session with G. Gil (ACG) and L. Porter (ACG) 

regarding status updates for FY 2022 fiscal plan implementation and reporting.

Not in PR

3 Porter, Lucas 12/6/21 1.2 570.00 $ 684.00 $ Analyze updated data provided by J. Adrover (PREPA) with supporting 

comments for the FY 2022 budget variance report.

Not in PR

2 Crisalli, Paul 12/6/21 0.5 875.00 $ 437.50 $ Update the detailed work plan and requests for information regarding billed 

revenue, accounts receivable and customer collections for Luma and PREPA 

related to the January 2022 cash flow budget.

Not in PR

3 Crisalli, Paul 12/6/21 0.9 875.00 $ 787.50 $ Participate on call with. N. Morales (PREPA), J. Adrover (PREPA), L. Matias 

(PREPA), J. San Miguel (ACG), G. Gil (ACG) and L. Porter (ACG) regarding 

the PREPA payroll-related payment summary with non-recurring items.

Not in PR

3 Gil, Gerard 12/6/21 0.9 500.00 $ 450.00 $ Participate on call with. N. Morales (PREPA), J. Adrover (PREPA), L. Matias 

(PREPA), J. San Miguel (ACG), P. Crisalli (ACG) and L. Porter (ACG) 

regarding the PREPA payroll-related payment summary with non-recurring 

items.

PR

3 San Miguel, 

Jorge

12/6/21 0.3 620.00 $ 186.00 $ Correspond with L. Porter (ACG) and G. Gil (ACG) regarding the FOMB RFI 

on the hiring initiative and initial comments to inform response from PREPA.

PR

3 Gil, Gerard 12/6/21 0.3 500.00 $ 150.00 $ Participate on call with M. DiConza (OMM) to discuss response to the FOMB 

RFI letter on labor expenses. 

PR

Exhibit C

January 28, 2022 / #PR00054 7 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 148 of 229
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

12/6/21 1.1 620.00 $ 682.00 $ Review and analyze updated and revised budget data and projections and 

correspondence from J. Adrover (PREPA), E. Ortiz (PREPA) and N. Morales 

(PREPA) in support of response to the FOMB RFI related to the budget 

reapportionment request.

PR

3 Porter, Lucas 12/6/21 0.3 570.00 $ 171.00 $ Participate on calls with J. San Miguel (ACG) to discuss follow-up request for 

information received from N. Morales (PREPA) regarding the FY 2022 budget 

variance report.

Not in PR

2 Crisalli, Paul 12/6/21 2.3 875.00 $ 2,012.50 $ Update the detailed work plan and requests for information regarding fuel and 

purchased power suppliers for Luma and PREPA related to the January 2022 

cash flow budget.

Not in PR

3 San Miguel, 

Jorge

12/6/21 0.8 620.00 $ 496.00 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss FY 2022 

budget and updated 725 report to inform response to the FOMB RFI.

PR

3 San Miguel, 

Jorge

12/6/21 0.9 620.00 $ 558.00 $ Participate on call with. N. Morales (PREPA), J. Adrover (PREPA), L. Matias 

(PREPA), P. Crisalli (ACG), G. Gil (ACG) and L. Porter (ACG) regarding the 

PREPA payroll-related payment summary with non-recurring items.

PR

3 San Miguel, 

Jorge

12/6/21 0.4 620.00 $ 248.00 $ Participate on call with N. Marino (ACG), P. Crisalli (ACG) and L. Porter 

(ACG) regarding the financial reporting matrix related to the PREPA fiscal 

plan, budget, cash flow and other reports.

PR

25 Keys, Jamie 12/6/21 0.3 330.00 $ 99.00 $ Correspond with C. Parker (ACG) regarding November 2021 expenses to be 

included in the Ankura November 2021 monthly fee statement.

Not in PR

3 Porter, Lucas 12/6/21 0.7 570.00 $ 399.00 $ Review supporting data to letters provided by J. San Miguel (ACG) and N. 

Morales (PREPA) to inform updates to the FY 2022 budget variance report.

Not in PR

3 Porter, Lucas 12/6/21 0.4 570.00 $ 228.00 $ Prepare requests for clarification to J. Adrover (PREPA) related to FY 2022 

accounting data for the FY 2022 budget variance report.

Not in PR

3 Gil, Gerard 12/6/21 0.8 500.00 $ 400.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) to discuss 

FY 2022 budget and updated 725 report to inform response to the FOMB RFI.

PR

3 San Miguel, 

Jorge

12/6/21 0.5 620.00 $ 310.00 $ Participate in discussion with N. Morales (PREPA) regarding updated data on 

budget projections to support the reapportionment request to the FOMB.

PR

6 Porter, Lucas 12/6/21 0.5 570.00 $ 285.00 $ Prepare responding comments to G. Gil (ACG) related to the GridCo-GenCo 

Operating Agreement.

Not in PR

25 Parker, 

Christine

12/6/21 1.7 200.00 $ 340.00 $ Review current draft of Exhibits A, B and C of the Ankura November 2021 

monthly fee statement prior to distribution to J. Keys (ACG).

Not in PR

3 Porter, Lucas 12/6/21 0.4 570.00 $ 228.00 $ Participate on call with N. Marino (ACG), J. San Miguel (ACG) and P. Crisalli 

(ACG) regarding the financial reporting matrix related to the PREPA fiscal 

plan, budget, cash flow and other reports.

Not in PR

3 Porter, Lucas 12/6/21 1.1 570.00 $ 627.00 $ Analyze updated accounting data provided by J. Adrover (PREPA) to inform 

comments to budget variance reports.

Not in PR

3 Gil, Gerard 12/6/21 0.3 500.00 $ 150.00 $ Review responses from J. Adrover (PREPA) to the Ankura RFI on labor 

expenses to inform response to the latest letter from the FOMB.

PR

3 San Miguel, 

Jorge

12/6/21 0.5 620.00 $ 310.00 $ Review supporting budget data provided by L. Matias (PREPA) and J. 

Adrover (PREPA) related to the budget-to-actual variance report in preparation 

for discussions with client.

PR

3 Gil, Gerard 12/6/21 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss data provided by J. Adrover 

(PREPA) to inform the FY 2022 budget variance report related to PREPA 

labor.

PR

51 Keys, Jamie 12/6/21 0.6 330.00 $ 198.00 $ Review the latest summary of outstanding emergency invoices provided by P. 

Crisalli (ACG) for use in reconciliation.

Not in PR

51 San Miguel, 

Jorge

12/7/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) to discuss the PREPA invoice 

certification process for emergency vendors and coordination with Luma 

representatives related thereto.

PR

3 Porter, Lucas 12/7/21 0.3 570.00 $ 171.00 $ Participate on calls with G. Gil (ACG) to discuss clarifications provided by J. 

Adrover (PREPA) regarding FY 2022 accounting data to inform the budget 

labor variance report.

Not in PR

3 San Miguel, 

Jorge

12/7/21 0.3 620.00 $ 186.00 $ Review the RFI from AAFAF related to labor staffing at PREPA pre and postservice commencement date for budgeting purposes.PR

3 Squiers, Jay 12/7/21 1.4 785.00 $ 1,099.00 $ Review background materials, financial analysis and recommendation 

memorandum on the RFP for new security services.

Not in PR

3 Crisalli, Paul 12/7/21 0.3 875.00 $ 262.50 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 budget 

variance report.

Not in PR

25 Keys, Jamie 12/7/21 2.6 330.00 $ 858.00 $ Review the current draft of the Ankura November 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

3 Porter, Lucas 12/7/21 0.7 570.00 $ 399.00 $ Revise the FY 2022 cost projection for variance analysis requested by N. 

Morales (PREPA).

Not in PR

3 Crisalli, Paul 12/7/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) and representatives of O'Melveny 

& Myers and AAFAF regarding the PREPA FY 2022 certified budget.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 8 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 149 of 229
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 12/7/21 0.2 570.00 $ 114.00 $ Review responding comments from N. Koeppen (CGSH) to the GridCoGenCo Operating Agreement.Not in PR

51 Crisalli, Paul 12/7/21 0.6 875.00 $ 525.00 $ Develop summary analysis of emergency vendor outstanding invoices and 

related RFR amounts to inform next steps for the PREPA work plan.

Not in PR

25 Parker, 

Christine

12/7/21 1.3 200.00 $ 260.00 $ Update Exhibits A, B and C of the Ankura December 2021 monthly fee 

statement for information currently available.

Not in PR

25 Parker, 

Christine

12/7/21 1.6 200.00 $ 320.00 $ Review time descriptions to the Ankura December 2021 monthly fee statement 

for information currently assembled.

Not in PR

3 Marino, 

Nicholas

12/7/21 1.2 495.00 $ 594.00 $ Review and analyze materials related to PREPA, Luma and transitioned 

employees listing and payroll per AAFAF request.

Not in PR

2 Crisalli, Paul 12/7/21 0.3 875.00 $ 262.50 $ Prepare correspondence to J. Roque (Luma) regarding GridCo Federal and 

Non-Federal Funded Capital Spending to inform the January 2022 cash flow 

budget.

Not in PR

3 Gil, Gerard 12/7/21 2.6 500.00 $ 1,300.00 $ Participate in working session with N. Morales (PREPA) and L. Porter (ACG) 

to discuss the FY 2022 accounting data analysis to inform budget variance 

reporting to the FOMB.

PR

3 Porter, Lucas 12/7/21 0.9 570.00 $ 513.00 $ Analyze monthly generation cost data provided by W. Rivera (Luma) to inform 

revisions to the monthly generation cost analysis for FY 2022 fiscal plan 

reporting.

Not in PR

3 Keys, Jamie 12/7/21 3.2 330.00 $ 1,056.00 $ Revise the fuel and purchased power analysis J28 inventory tab for July 

through October 2021 for review by L. Porter (ACG).

Not in PR

3 Porter, Lucas 12/7/21 0.2 570.00 $ 114.00 $ Participate on call with J. Keys (ACG) to discuss input data to the monthly 

generation analysis to inform FY 2022 fiscal plan reporting and liquidity 

projections.

Not in PR

25 Parker, 

Christine

12/7/21 1.2 200.00 $ 240.00 $ Assemble time descriptions for the period 12/1/21 - 12/4/21 for inclusion in the 

Ankura December 2021 monthly fee statement.

Not in PR

2 Crisalli, Paul 12/7/21 0.6 875.00 $ 525.00 $ Update the detailed work plan and requests for information regarding 

Restoration, Reconstruction and Insurance for Luma and PREPA related to the 

January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 12/7/21 0.9 500.00 $ 450.00 $ Participate in meeting with N. Morales (PREPA) to discuss various FY 2022 

budget-related items.

PR

3 Keys, Jamie 12/7/21 0.2 330.00 $ 66.00 $ Participate on call with L. Porter (ACG) to discuss input data to the monthly 

generation analysis to inform FY 2022 fiscal plan reporting and liquidity 

projections.

Not in PR

3 San Miguel, 

Jorge

12/7/21 0.3 620.00 $ 186.00 $ Correspond with G. Gil (ACG) regarding suggested outline for response to the 

FOMB RFI on the reapportionment request based on input received from 

O'Melveny & Myers.

PR

3 Porter, Lucas 12/7/21 0.5 570.00 $ 285.00 $ Analyze generation labor cost data to develop assumptions for FY 2022 cost 

projection requested by N. Morales (PREPA).

Not in PR

3 San Miguel, 

Jorge

12/7/21 1.0 620.00 $ 620.00 $ Review the budget-to-actual reports provided by J. Adrover (PREPA) and N. 

Morales (PREPA) for discussion regarding response to the FOMB RFI on the 

reapportionment request.

PR

3 San Miguel, 

Jorge

12/7/21 1.9 620.00 $ 1,178.00 $ Participate on call with N. Morales (PREPA), L. Matias (PREPA), J. Adrover 

(PREPA), G. Gil (ACG) and L. Porter (ACG) to discuss the FY 2022 

accounting data analysis to inform the budget variance report.

PR

3 Crisalli, Paul 12/7/21 0.3 875.00 $ 262.50 $ Participate on call with L. Porter (ACG) to discuss updates to the monthly 

generation analysis to inform FY 2022 fiscal plan reporting and liquidity 

projections.

Not in PR

3 Porter, Lucas 12/7/21 1.8 570.00 $ 1,026.00 $ Revise the monthly generation analysis to incorporate data provided by W. 

Rivera (Luma) and J. Estrada (Luma) to inform FY 2022 fiscal plan reporting.

Not in PR

51 Crisalli, Paul 12/7/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) to discuss the PREPA invoice 

certification process for emergency vendors and coordination with Luma 

representatives related thereto.

Not in PR

3 Porter, Lucas 12/7/21 0.3 570.00 $ 171.00 $ Participate on call with P. Crisalli (ACG) to discuss updates to the monthly 

generation analysis to inform FY 2022 fiscal plan reporting and liquidity 

projections.

Not in PR

3 San Miguel, 

Jorge

12/7/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) and representatives of O'Melveny & 

Myers and AAFAF regarding the PREPA FY 2022 certified budget.

PR

3 Porter, Lucas 12/7/21 1.0 570.00 $ 570.00 $ Revise the FY 2022 accounting data analysis based on comments from N. 

Morales (PREPA) to inform the budget variance report submittal to the 

FOMB.

Not in PR

3 Keys, Jamie 12/7/21 0.9 330.00 $ 297.00 $ Review the latest fuel and purchased power analysis provided by L. Porter 

(ACG) for use in fiscal plan reporting.

Not in PR

6 Gil, Gerard 12/7/21 0.4 500.00 $ 200.00 $ Review comments from L. Porter (ACG) to the GridCo-GenCo Operating 

Agreement to prepare additional commentary.

PR

3 Porter, Lucas 12/7/21 0.3 570.00 $ 171.00 $ Participate on call with P. Crisalli (ACG) to discuss the FY 2022 budget 

variance report.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 9 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 150 of 229
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 12/7/21 1.9 500.00 $ 950.00 $ Participate on call with N. Morales (PREPA), L. Matias (PREPA), J. Adrover 

(PREPA), J. San Miguel (ACG) and L. Porter (ACG) to discuss the FY 2022 

accounting data analysis to inform the budget variance report.

PR

3 Gil, Gerard 12/7/21 0.3 500.00 $ 150.00 $ Review the FOMB letter sent by A. Rodriguez (PREPA) on the PREPA 

reorganization process.

PR

3 Porter, Lucas 12/7/21 0.5 570.00 $ 285.00 $ Revise exhibits to the FY 2022 cost projection for the budget variance analysis 

based on comments received from N. Morales (PREPA).

Not in PR

3 Porter, Lucas 12/7/21 2.6 570.00 $ 1,482.00 $ Participate in working session with N. Morales (PREPA) and G. Gil (ACG) to 

discuss the FY 2022 accounting data analysis to inform budget variance 

reporting to the FOMB.

Not in PR

3 Porter, Lucas 12/7/21 0.2 570.00 $ 114.00 $ Review comments from N. Morales (PREPA) regarding FY 2022 cost 

projection for the budget variance analysis.

Not in PR

3 Porter, Lucas 12/7/21 1.9 570.00 $ 1,083.00 $ Participate on call with N. Morales (PREPA), L. Matias (PREPA), J. Adrover 

(PREPA), J. San Miguel (ACG) and G. Gil (ACG) to discuss the FY 2022 

accounting data analysis to inform the budget variance report.

Not in PR

50 Marino, 

Nicholas

12/7/21 1.0 495.00 $ 495.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/17/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 12/7/21 0.2 500.00 $ 100.00 $ Review comments from N. Morales (PREPA) regarding FY 2022 cost 

projection for budget variance analysis.

PR

6 Gil, Gerard 12/7/21 0.4 500.00 $ 200.00 $ Review and respond to comments received from Cleary Gottlieb to the draft 

GridCo-GenCo Operating Agreement.

PR

3 San Miguel, 

Jorge

12/7/21 0.5 620.00 $ 310.00 $ Review the PREPA labor staffing records from the mobility program to 

support response to the AAFAF RFI related to staffing and budgeting.

PR

2 Crisalli, Paul 12/7/21 0.4 875.00 $ 350.00 $ Review GridCo Federal and Non-Federal Funded Capital Spending-related 

cash disbursements for fiscal year to date to inform the January 2022 cash flow 

budget.

Not in PR

3 Keys, Jamie 12/7/21 1.3 330.00 $ 429.00 $ Review prior months J28 inventory information previously included in the fuel 

and purchased power analysis prior to discussion with L. Porter (ACG).

Not in PR

2 Crisalli, Paul 12/7/21 0.6 875.00 $ 525.00 $ Review Federal and Non-Federal Funded Capital Spending sections of the Q1 

FY 2022 Luma quarterly report to inform the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 12/7/21 1.3 875.00 $ 1,137.50 $ Update the dispatch model template for October and November monthly 

generation information by unit and for September, October and November fuel 

prices and other generation metrics to inform the January 2022 cash flow 

budget.

Not in PR

3 Gil, Gerard 12/7/21 0.3 500.00 $ 150.00 $ Participate on calls with L. Porter (ACG) to discuss clarifications provided by 

J. Adrover (PREPA) regarding FY 2022 accounting data to inform the budget 

labor variance report.

PR

2 Crisalli, Paul 12/7/21 0.5 875.00 $ 437.50 $ Update the detailed work plan and requests for information regarding Title III 

and Non-Title III professional services for Luma and PREPA related to the 

January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 12/7/21 0.3 570.00 $ 171.00 $ Participate on call with E. Ortiz (PREPA) to discuss FY 2022 budget variance 

report updates for the FOMB.

Not in PR

3 Gil, Gerard 12/8/21 0.3 500.00 $ 150.00 $ Review letter sent by the FOMB regarding the PREPA generation hiring 

initiative.

PR

3 Squiers, Jay 12/8/21 0.3 785.00 $ 235.50 $ Participate on call with J. San Miguel (ACG) to discuss the procurement 

initiatives for GenCo under the FY 2022 fiscal plan.

Not in PR

50 Crisalli, Paul 12/8/21 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

3 San Miguel, 

Jorge

12/8/21 0.7 620.00 $ 434.00 $ Review and edit response to the FOMB related to reapportionment request 

with comments from O'Melveny & Myers.

PR

50 Keys, Jamie 12/8/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

3 Porter, Lucas 12/8/21 1.3 570.00 $ 741.00 $ Participate in working session with N. Marino (ACG) to discuss PREPA FY 

2022 accounting data to inform budget variance and fiscal plan 

implementation reports.

Not in PR

3 Porter, Lucas 12/8/21 1.6 570.00 $ 912.00 $ Participate in working session with N. Morales (PREPA), J. San Miguel 

(ACG) and G. Gil (ACG) to analyze FY 2022 accounting data response to the 

FY 2022 budget RFI from the FOMB.

Not in PR

3 Gil, Gerard 12/8/21 0.4 500.00 $ 200.00 $ Review and revise updated PREPA draft response to the FOMB letter on FY 

2022 labor expenses.

PR

3 Gil, Gerard 12/8/21 0.4 500.00 $ 200.00 $ Review letter sent by A. Rodriguez (PREPA) to the FOMB related to PREPA 

fiscal plan implementation reporting.

PR

3 Porter, Lucas 12/8/21 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG) and G. Gil 

(ACG) regarding the FY 2022 labor operating expense analysis related to the 

certified budget (partial).

Not in PR

Exhibit C

January 28, 2022 / #PR00054 10 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 151 of 229
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 12/8/21 0.9 570.00 $ 513.00 $ Prepare initial draft responding memorandum related to FY 2022 budget 

variances during the first quarter prior to review by J. San Miguel (ACG) and 

G. Gil (ACG).

Not in PR

2 Crisalli, Paul 12/8/21 0.2 875.00 $ 175.00 $ Develop initial request for information from E. Barbosa (PREPA) regarding 

Fuels Office master payment schedule and LNG invoices to inform the January 

2022 cash flow budget.

Not in PR

3 Porter, Lucas 12/8/21 0.3 570.00 $ 171.00 $ Review the updated daily generation reports received from G. Soto (Luma) to 

inform development of the generation operational report for the week ending 

12/5/21 required by the FY 2022 certified fiscal plan.

Not in PR

3 Smith, James 12/8/21 0.5 750.00 $ 375.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system status updates as of 12/8/21 to inform FY 2022 fiscal plan 

reporting.

Not in PR

3 Squiers, Jay 12/8/21 1.8 785.00 $ 1,413.00 $ Provide detail comments and additions to the North and South 

recommendation memorandums with respect to the Security Contract RFPs.

Not in PR

3 San Miguel, 

Jorge

12/8/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) and L. Porter (ACG) to discuss 

final changes to response for the FOMB RFI related to the reapportionment 

request.

PR

3 San Miguel, 

Jorge

12/8/21 0.5 620.00 $ 310.00 $ Review initial draft response from L. Porter (ACG) related to FY 2022 budget 

variances during Q1.

PR

6 Porter, Lucas 12/8/21 0.7 570.00 $ 399.00 $ Participate on call with S. Torres (P3A), V. Del Rio (CGSH), N. Koeppen 

(CGSH) and other P3 Authority and Luma representatives to discuss Agreed 

Operating Procedures documentation to inform the draft GridCo-GenCo 

Operating Agreement.

Not in PR

50 Keys, Jamie 12/8/21 0.9 330.00 $ 297.00 $ Prepare the weekly FEMA flash report for the week ended 12/3/21 for review 

by P. Crisalli (ACG).

Not in PR

3 Porter, Lucas 12/8/21 0.7 570.00 $ 399.00 $ Revise draft responding memorandum for N. Morales (PREPA) related to FY 

2022 budget variances during the first quarter based on comments received 

from J. San Miguel (ACG) and G. Gil (ACG).

Not in PR

50 Smith, James 12/8/21 0.2 750.00 $ 150.00 $ Review data received from G. Soto (Luma) regarding generation system status 

in support of the creditor reporting workstream.

Not in PR

3 San Miguel, 

Jorge

12/8/21 1.0 620.00 $ 620.00 $ Participate in working session with L. Porter (ACG) and G. Gil (ACG) to 

revise draft response to the FOMB RFI for N. Morales (PREPA) related to FY 

2022 budget variances during the first quarter.

PR

3 Squiers, Jay 12/8/21 3.8 785.00 $ 2,983.00 $ Review proposals submitted by security firms for the North and South Security 

Contract RFPs.

Not in PR

2 Crisalli, Paul 12/8/21 1.4 875.00 $ 1,225.00 $ 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 Marino, 

Nicholas

12/8/21 1.1 495.00 $ 544.50 $ Continue revising the Generation Directorate budget-to-actual monthly analysis 

dashboard to track FY 2022 Generation Expenditures and variances from 

budget.

Not in PR

2 Crisalli, Paul 12/8/21 0.2 875.00 $ 175.00 $ Develop initial request for information from V. Rivera (Luma) regarding 

PUMA exposure reports to inform the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 12/8/21 0.5 570.00 $ 285.00 $ Revise final responding materials for N. Morales (PREPA) related to the FY 

2022 labor operating expense and budget analysis for the FOMB.

Not in PR

3 Gil, Gerard 12/8/21 0.4 500.00 $ 200.00 $ Participate on call with R. Zampierollo (PREPA) to discuss FY 2022 budget 

variance memorandum.

PR

3 San Miguel, 

Jorge

12/8/21 0.3 620.00 $ 186.00 $ Participate on call with F. Hernandez (FOMB), R. Rosario (FOMB), F. Bruno 

(FOMB), Y. Hickey (FOMB), N. Morales (PREPA), L. Porter (ACG) and G. 

Gil (ACG) to discuss the FY 2022 labor operating expense analysis related to 

the certified budget. 

PR

3 Crisalli, Paul 12/8/21 0.8 875.00 $ 700.00 $ Participate on call with J. San Miguel (ACG), L. Porter (ACG) and G. Gil 

(ACG) regarding the FY 2022 labor operating expense analysis related to the 

certified budget.

Not in PR

3 San Miguel, 

Jorge

12/8/21 0.7 620.00 $ 434.00 $ Participate on call with L. Porter (ACG) to discuss edits to final response to the 

FOMB RFI on budget-to-actual for the reapportionment request.

PR

3 Gil, Gerard 12/8/21 0.2 500.00 $ 100.00 $ Review and analyze the pension contribution spreadsheet sent by N. Morales 

(PREPA) to inform the FY 2022 budget variance analysis.

PR

3 Crisalli, Paul 12/8/21 0.5 875.00 $ 437.50 $ Review supporting materials regarding the FY 2022 labor operating expense 

analysis related to the certified budget.

Not in PR

50 Keys, Jamie 12/8/21 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

3 San Miguel, 

Jorge

12/8/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) to discuss budget projection 

matters to support the RFI from the FOMB.

PR

2 Crisalli, Paul 12/8/21 0.3 875.00 $ 262.50 $ Correspond with J. Keys (ACG) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 11 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 152 of 229
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 Squiers, Jay 12/8/21 1.6 785.00 $ 1,256.00 $ Attend the meeting of the PREPA Committee established to determine the 

results of the RFP on the North and South Security Contract RFPs and 

proposals with N. Morales (PREPA), J. Diaz (PREPA) and other PREPA 

representatives.

Not in PR

50 Keys, Jamie 12/8/21 0.7 330.00 $ 231.00 $ Review the revised weekly project worksheet status report provided by S. Diaz 

(ARI) for use in the weekly FEMA flash report.

Not in PR

3 Porter, Lucas 12/8/21 1.1 570.00 $ 627.00 $ Prepare the generation operational report for the week ending 12/5/21 based on 

data received from G. Soto (Luma) for FOMB as required by the PREPA FY 

2022 fiscal plan.

Not in PR

3 Porter, Lucas 12/8/21 0.3 570.00 $ 171.00 $ Participate on call with N. Morales (PREPA) and J. San Miguel (ACG) to 

discuss final changes to response for the FOMB RFI related to the 

reapportionment request.

Not in PR

50 Crisalli, Paul 12/8/21 0.6 875.00 $ 525.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

3 Porter, Lucas 12/8/21 0.4 570.00 $ 228.00 $ Review and respond to questions received from N. Marino (ACG) related to 

PREPA FY 2022 and prior year budget variance analysis.

Not in PR

3 Gil, Gerard 12/8/21 1.0 500.00 $ 500.00 $ Participate in working session with J. San Miguel (ACG) and L. Porter (ACG) 

to revise draft response to the FOMB RFI for N. Morales (PREPA) related to 

FY 2022 budget variances during the first quarter.

PR

50 Marino, 

Nicholas

12/8/21 0.7 495.00 $ 346.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/17/21 bi-weekly mediation call.

Not in PR

3 Gil, Gerard 12/8/21 1.6 500.00 $ 800.00 $ Participate in working session with N. Morales (PREPA), J. San Miguel 

(ACG) and L. Porter (ACG) to analyze FY 2022 accounting data response to 

the FY 2022 budget RFI from the FOMB.

PR

50 Keys, Jamie 12/8/21 0.4 330.00 $ 132.00 $ Prepare the weekly cash flow and liquidity related reporting package for 

distribution.

Not in PR

3 San Miguel, 

Jorge

12/8/21 0.8 620.00 $ 496.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG) and G. Gil (ACG) 

regarding the FY 2022 labor operating expense analysis related to the certified 

budget.

PR

3 Porter, Lucas 12/8/21 0.5 570.00 $ 285.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system status updates as of 12/8/21 to inform FY 2022 fiscal plan 

reporting.

Not in PR

3 Gil, Gerard 12/8/21 0.9 500.00 $ 450.00 $ Review and revise PREPA draft response to the FOMB letter on FY 2022 

labor expenses.

PR

3 Porter, Lucas 12/8/21 1.0 570.00 $ 570.00 $ Participate in working session with J. San Miguel (ACG) and G. Gil (ACG) to 

revise draft response to the FOMB RFI for N. Morales (PREPA) related to FY 

2022 budget variances during the first quarter.

Not in PR

3 San Miguel, 

Jorge

12/8/21 0.3 620.00 $ 186.00 $ Participate on call with J. Squiers (ACG) to discuss the procurement initiatives 

for GenCo under the FY 2022 fiscal plan.

PR

3 Porter, Lucas 12/8/21 0.2 570.00 $ 114.00 $ Review and revise the updated fleet status report provided by J. Smith (ACG) 

for 12/5/21 generation operating report submittal to the FOMB required by FY 

2022 fiscal plan.

Not in PR

50 Keys, Jamie 12/8/21 0.3 330.00 $ 99.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

2 Crisalli, Paul 12/8/21 0.2 875.00 $ 175.00 $ Participate on call with representatives of AAFAF regarding ARPA funds 

received by PREPA on 12/6/21.

Not in PR

3 Gil, Gerard 12/8/21 0.3 500.00 $ 150.00 $ Participate on call with P. Crisalli (ACG), L. Porter (ACG) and J. San Miguel 

(ACG) regarding the FY 2022 labor operating expense analysis related to the 

certified budget (partial).

PR

2 Crisalli, Paul 12/8/21 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

3 Marino, 

Nicholas

12/8/21 1.2 495.00 $ 594.00 $ Update the Generation Directorate budget-to-actual monthly analysis 

dashboard to track FY 2022 Generation Expenditures and variances from 

budget.

Not in PR

3 Gil, Gerard 12/8/21 0.3 500.00 $ 150.00 $ Participate on call with F. Hernandez (FOMB), R. Rosario (FOMB), F. Bruno 

(FOMB), Y. Hickey (FOMB), N. Morales (PREPA), J. San Miguel (ACG) and 

L. Porter (ACG) to discuss the FY 2022 labor operating expense analysis 

related to the certified budget. 

PR

3 Porter, Lucas 12/8/21 0.4 570.00 $ 228.00 $ Analyze updated FY 2022 accounting data received from L. Londono (Luma) 

to inform budget variance and fiscal plan implementation reports.

Not in PR

3 Marino, 

Nicholas

12/8/21 1.3 495.00 $ 643.50 $ Participate in working session with L. Porter (ACG) to discuss PREPA FY 

2022 accounting data to inform budget variance and fiscal plan 

implementation reports.

Not in PR

3 Porter, Lucas 12/8/21 0.3 570.00 $ 171.00 $ Participate on call with F. Hernandez (FOMB), R. Rosario (FOMB), F. Bruno 

(FOMB), Y. Hickey (FOMB), N. Morales (PREPA), J. San Miguel (ACG) and 

G. Gil (ACG) to discuss the FY 2022 labor operating expense analysis related 

to the certified budget. 

Not in PR

Exhibit C

January 28, 2022 / #PR00054 12 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 153 of 229
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 12/8/21 0.1 875.00 $ 87.50 $ Correspond with J. Roque (Luma) regarding questions related to missing bank 

balances per the daily cash balance report.

Not in PR

50 Keys, Jamie 12/8/21 0.6 330.00 $ 198.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

3 Squiers, Jay 12/8/21 0.3 785.00 $ 235.50 $ Participate in discussion with N. Morales (PREPA) regarding the Security 

Contract RFPs, proposals and recommendation memorandum for the PREPA 

Committee established to determine the results of the RFP.

Not in PR

3 San Miguel, 

Jorge

12/8/21 0.5 620.00 $ 310.00 $ Review correspondence from the FOMB regarding budget-to-actual data for 

Q1 FY 2022 and the reapportionment request to inform response to the 

FOMB.

PR

3 Porter, Lucas 12/8/21 0.7 570.00 $ 399.00 $ Participate on call with J. San Miguel (ACG) to discuss edits to final response 

to the FOMB RFI on budget-to-actual for the reapportionment request.

Not in PR

3 San Miguel, 

Jorge

12/8/21 1.6 620.00 $ 992.00 $ Participate in working session with N. Morales (PREPA), G. Gil (ACG) and L. 

Porter (ACG) to analyze FY 2022 accounting data response to the FY 2022 

budget RFI from the FOMB.

PR

3 San Miguel, 

Jorge

12/8/21 0.4 620.00 $ 248.00 $ Participate in discussion with J. Adrover (PREPA) regarding reconciliation 

matters related to budget projections for FY 2022 and coordination with Luma 

representatives.

PR

3 Marino, 

Nicholas

12/8/21 2.0 495.00 $ 990.00 $ Revise the Generation Directorate budget-to-actual monthly analysis dashboard 

to track FY 2022 Generation Expenditures and variances from budget 

following working session with L. Porter (ACG).

Not in PR

2 Crisalli, Paul 12/8/21 0.5 875.00 $ 437.50 $ Perform initial review of November 2021 accounts receivable source 

documents provided by Luma.

Not in PR

6 Gil, Gerard 12/9/21 0.5 500.00 $ 250.00 $ Prepare comments to the updated GridCo-GenCo Operating Agreement markup prior to distribution to A. Rodriguez (PREPA).PR

2 Crisalli, Paul 12/9/21 0.3 875.00 $ 262.50 $ Update the weekly cash flow presentation materials for distribution to Luma 

and PREPA.

Not in PR

3 San Miguel, 

Jorge

12/9/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Morales (PREPA) regarding the additional 

information request from the FOMB related to the budget reapportionment 

request.

PR

3 Marino, 

Nicholas

12/9/21 1.9 495.00 $ 940.50 $ Update the Generation Directorate budget-to-actual monthly analysis 

dashboard to track FY 2022 Generation Expenditures and variances from 

budget following receiving updated data files from L. Porter (ACG).

Not in PR

3 Gil, Gerard 12/9/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss the initial draft FY 2023 

budget proposal provided by L. Matias (PREPA).

PR

3 Porter, Lucas 12/9/21 0.8 570.00 $ 456.00 $ Analyze the initial draft FY 2023 budget proposal provided by L. Matias 

(PREPA) to inform discussions with PREPA management.

Not in PR

3 Porter, Lucas 12/9/21 0.2 570.00 $ 114.00 $ Prepare information request to E. Ortiz (PREPA) related to the draft FY 2022 

consolidated budget variance report.

Not in PR

3 Squiers, Jay 12/9/21 0.4 785.00 $ 314.00 $ Participate in meeting with J. San Miguel (ACG) to discuss generation budget 

matters related to security services and related procurement matters.

Not in PR

3 Porter, Lucas 12/9/21 0.9 570.00 $ 513.00 $ Analyze FY 2022 monthly data on generation fuel costs to inform response to 

E. Ortiz (PREPA) on the draft FY 2022 budget variance report.

Not in PR

25 Keys, Jamie 12/9/21 0.3 330.00 $ 99.00 $ Correspond with C. Parker (ACG) regarding changes to the Ankura November 

2021 monthly fee statement.

Not in PR

3 Porter, Lucas 12/9/21 0.5 570.00 $ 285.00 $ Analyze financial data for J. Squiers (ACG) related to FY 2022 budget and 

actual results. 

Not in PR

6 San Miguel, 

Jorge

12/9/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Gil (ACG) regarding updates to the draft 

GridCo-GenCo Operating Agreement document distributed by P3 Authority 

for additional comments from the advisory team.

PR

2 Crisalli, Paul 12/9/21 0.3 875.00 $ 262.50 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

50 Smith, James 12/9/21 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 Porter, Lucas 12/9/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to prepare for meeting with P3 Authority 

and Luma representatives regarding the GridCo-GenCo Operating Agreement.

Not in PR

2 Crisalli, Paul 12/9/21 3.8 875.00 $ 3,325.00 $ Review supporting materials and prepare related analysis of fuel oil related 

supplier payment history in response to AAFAF request for information.

Not in PR

2 Crisalli, Paul 12/9/21 0.6 875.00 $ 525.00 $ Review the weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

3 Porter, Lucas 12/9/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss information requests from R. 

Zampierollo (PREPA) to inform FY 2022 fiscal plan implementation 

reporting.

Not in PR

2 Keys, Jamie 12/9/21 0.6 330.00 $ 198.00 $ Revise the cash flow outputs for the week ended 12/3/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

12/9/21 0.5 620.00 $ 310.00 $ Participate on call with P. Crisalli (ACG) regarding labor operating expenses 

and other financial reporting matters related to the FY 2022 budget.

PR

Exhibit C

January 28, 2022 / #PR00054 13 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 154 of 229
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 12/9/21 0.1 750.00 $ 75.00 $ Review recent PREB docket activity related to Luma and PREPA in support of 

the creditor reporting workstream.

Not in PR

2 Keys, Jamie 12/9/21 0.4 330.00 $ 132.00 $ Participate on the January 2022 cash flow budget kick-off call with P. Crisalli 

(ACG), L. Galan (Luma), K. Kostyk (Luma) and D. Miller (Luma).

Not in PR

3 Porter, Lucas 12/9/21 0.6 570.00 $ 342.00 $ Prepare outline of data requests related to the FY 2023 budget requested by J. 

San Miguel (ACG) in advance of discussion with PREPA management.

Not in PR

3 Gil, Gerard 12/9/21 1.2 500.00 $ 600.00 $ Participate in working session with R. Zampierollo (PREPA), L. Porter 

(ACG), and N. Marino (ACG) regarding the FOMB letter dated 12/6/21 

related to FY 2022 fiscal plan post-certification tracker reports.

PR

3 Porter, Lucas 12/9/21 0.3 570.00 $ 171.00 $ Prepare general comments on variances found in the draft FY 2022 budget 

variance report for E. Ortiz (PREPA).

Not in PR

6 Porter, Lucas 12/9/21 1.0 570.00 $ 570.00 $ Participate in meeting with S. Torres (P3A), S. De Jesus (P3A), S. Kordula 

(CGSH), V. Del Rio (CGSH), E. Finkelberg (CGSH), G. Gil (ACG) and other 

P3 Authority and Luma representatives to discuss remaining outstanding issues 

for finalization of the GridCo-GenCo Operating Agreement.

Not in PR

3 Marino, 

Nicholas

12/9/21 0.3 495.00 $ 148.50 $ Participate on call with R. Zampierollo (PREPA), F. Santos (PREPA), G. Gil 

(ACG) and L. Porter (ACG) to discuss the FY 2022 fiscal plan Renewables 

procurement initiative.

Not in PR

3 Gil, Gerard 12/9/21 0.3 500.00 $ 150.00 $ Participate on call with R. Zampierollo (PREPA), F. Santos (PREPA), N. 

Marino (ACG) and L. Porter (ACG) to discuss the FY 2022 fiscal plan 

Renewables procurement initiative.

PR

3 Marino, 

Nicholas

12/9/21 1.2 495.00 $ 594.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) 

and L. Porter (ACG) regarding the FOMB letter dated 12/6/21 related to FY 

2022 fiscal plan post-certification tracker reports.

Not in PR

50 Marino, 

Nicholas

12/9/21 0.5 495.00 $ 247.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/17/21 bi-weekly mediation call.

Not in PR

6 Gil, Gerard 12/9/21 1.0 500.00 $ 500.00 $ Participate in meeting with S. Torres (P3A), S. De Jesus (P3A), S. Kordula 

(CGSH), V. Del Rio (CGSH), E. Finkelberg (CGSH), L. Porter (ACG) and 

other P3 Authority and Luma representatives to discuss remaining outstanding 

issues for finalization of the GridCo-GenCo Operating Agreement.

PR

2 Crisalli, Paul 12/9/21 1.1 875.00 $ 962.50 $ Review materials related to emergency vendors and assess related cash flow 

impact of outstanding invoices and FEMA proceeds to inform PREPA cash 

flow and liquidity reporting.

Not in PR

50 Keys, Jamie 12/9/21 1.8 330.00 $ 594.00 $ Prepare the monthly accounts receivable reports due 12/15/21 for review by P. 

Crisalli (ACG).

Not in PR

6 Gil, Gerard 12/9/21 0.3 500.00 $ 150.00 $ Review the updated GridCo-GenCo Operating Agreement mark-up circulated 

by P3 Authority in preparation for upcoming working session.

PR

6 Gil, Gerard 12/9/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss next steps from meeting 

with P3 Authority and Luma representatives regarding the GridCo-GenCo 

Operating Agreement.

PR

3 Porter, Lucas 12/9/21 0.3 570.00 $ 171.00 $ Prepare comments to J. Adrover (PREPA) and N. Morales (PREPA) regarding 

healthcare cost analysis findings to inform responses to the FOMB on FY 2022 

budget variances. 

Not in PR

3 San Miguel, 

Jorge

12/9/21 0.9 620.00 $ 558.00 $ Participate on call with N. Morales (PREPA), J. Adrover (PREPA), L. Porter 

(ACG) and G. Gil (ACG) to discuss the FY 2022 budget for generation 

maintenance projects.

PR

3 Crisalli, Paul 12/9/21 0.5 875.00 $ 437.50 $ Participate on call with J. San Miguel (ACG) regarding labor operating 

expenses and other financial reporting matters related to the FY 2022 budget.

Not in PR

3 Porter, Lucas 12/9/21 0.6 570.00 $ 342.00 $ Prepare descriptive comments on variance drivers related to first quarter FY 

2022 monthly generation costs for E. Ortiz (PREPA).

Not in PR

3 Marino, 

Nicholas

12/9/21 2.3 495.00 $ 1,138.50 $ Revise the Generation Directorate budget-to-actual monthly analysis dashboard 

to track FY 2022 Generation Expenditures and variances from budget 

following working session with L. Porter (ACG).

Not in PR

6 Gil, Gerard 12/9/21 0.3 500.00 $ 150.00 $ Participate in discussion with J. San Miguel (ACG) regarding updates to the 

draft GridCo-GenCo Operating Agreement document distributed by P3 

Authority for additional comments from the advisory team.

PR

3 Marino, 

Nicholas

12/9/21 0.6 495.00 $ 297.00 $ Participate on call with L. Porter (ACG) to discuss the FY 2022 budget 

variance analysis for generation labor and non-labor expenses.

Not in PR

3 Keys, Jamie 12/9/21 3.0 330.00 $ 990.00 $ Prepare the monthly accounts receivable reports due 12/27/21 for review by P. 

Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

12/9/21 0.4 620.00 $ 248.00 $ Review the FOMB letter related to generation hiring initiative and RFI related 

thereto for discussion with N. Morales (PREPA) and PREPA generation 

management.

PR

Exhibit C

January 28, 2022 / #PR00054 14 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 155 of 229
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 12/9/21 0.7 500.00 $ 350.00 $ Participate in working session with A. Billoch (PMA), K. Findley (Luma), M. 

Hurtado (Luma), K. Bolanos (DV), L. Santa (PREPA), A. Rodriguez 

(PREPA), S. Torres (P3A), V. Del Rio (CGSH) and N. Koeppen (CGSH) to 

discuss and negotiate the terms of the GridCo-GenCo Operating Agreement.

PR

3 Squiers, Jay 12/9/21 0.3 785.00 $ 235.50 $ Correspond with L. Porter (ACG) regarding the history of security services 

spending against amounts established in the PREPA annual budget.

Not in PR

2 Crisalli, Paul 12/9/21 0.4 875.00 $ 350.00 $ Finalize the cash flow reporting for week ended 12/3/21. Not in PR

6 Gil, Gerard 12/9/21 0.5 500.00 $ 250.00 $ Review the draft GridCo-GenCo Operating Agreement circulated by Luma in 

preparation for upcoming working session with Luma and P3 Authority.

PR

3 Porter, Lucas 12/9/21 0.3 570.00 $ 171.00 $ Prepare request to F. Santos (PREPA) related to the FY 2022 fiscal plan 

initiative on renewable procurement.

Not in PR

3 Porter, Lucas 12/9/21 0.6 570.00 $ 342.00 $ Analyze the Luma quarterly budget variance report to inform updates to the 

draft FY 2022 consolidated budget variance report requested by E. Ortiz 

(PREPA).

Not in PR

2 Crisalli, Paul 12/9/21 0.2 875.00 $ 175.00 $ 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

3 Keys, Jamie 12/9/21 0.8 330.00 $ 264.00 $ Finalize the fuel and purchased power analysis J28 inventory tab for July 

through October 2021 for review by L. Porter (ACG).

Not in PR

3 Squiers, Jay 12/9/21 1.6 785.00 $ 1,256.00 $ Attend the meeting of the PREPA Committee established to determine the 

results of the RFP to discuss the proposals received for North and South Zone 

security services with N. Morales (PREPA) and others.

Not in PR

2 Keys, Jamie 12/9/21 1.2 330.00 $ 396.00 $ Prepare the monthly bank balance report for AAFAF as requested by R. Lopez 

(Riveron).

Not in PR

3 Porter, Lucas 12/9/21 1.2 570.00 $ 684.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) 

and N. Marino (ACG) regarding the FOMB letter dated 12/6/21 related to FY 

2022 fiscal plan post-certification tracker reports.

Not in PR

3 Porter, Lucas 12/9/21 0.9 570.00 $ 513.00 $ Participate on call with N. Morales (PREPA), J. Adrover (PREPA) J. San 

Miguel (ACG) and G. Gil (ACG) to discuss the FY 2022 budget for generation 

maintenance projects. 

Not in PR

2 Crisalli, Paul 12/9/21 0.2 875.00 $ 175.00 $ Prepare for the January 2022 cash flow budget kick-off call with Luma and 

PREPA.

Not in PR

3 Porter, Lucas 12/9/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss the initial draft FY 2023 

budget proposal provided by L. Matias (PREPA).

Not in PR

6 Porter, Lucas 12/9/21 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss next steps from meeting with 

P3 Authority and Luma representatives regarding the GridCo-GenCo 

Operating Agreement.

Not in PR

3 Porter, Lucas 12/9/21 0.2 570.00 $ 114.00 $ Correspond with J. San Miguel (ACG) regarding the outline of data requests 

related to the FY 2023 budget .

Not in PR

3 San Miguel, 

Jorge

12/9/21 0.8 620.00 $ 496.00 $ Review the initial PREPA Generation directorate budget information for FY 

2023 in preparation for meeting with PREPA.

PR

50 Smith, James 12/9/21 1.2 750.00 $ 900.00 $ Prepare the weekly fleet status report for N. Rivera (PREPA) and the Ankura 

team in support of the creditor reporting workstream. 

Not in PR

6 Gil, Gerard 12/9/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to prepare for meeting with P3 

Authority and Luma representatives regarding the GridCo-GenCo Operating 

Agreement.

PR

3 Porter, Lucas 12/9/21 0.2 570.00 $ 114.00 $ Prepare responding comments for Y. Hickey (FOMB) related to FY 2022 

budget supporting information requested by the FOMB.

Not in PR

6 San Miguel, 

Jorge

12/9/21 1.3 620.00 $ 806.00 $ Review the updated draft GridCo-GenCo Operating Agreement and prepare 

comments for discussion with G. Gil (ACG) and PREPA management.

PR

2 Crisalli, Paul 12/9/21 0.4 875.00 $ 350.00 $ Participate on the January 2022 cash flow budget kick-off call with J. Keys 

(ACG), L. Galan (Luma), K. Kostyk (Luma) and D. Miller (Luma).

Not in PR

6 Gil, Gerard 12/9/21 0.4 500.00 $ 200.00 $ Prepare response email to Cleary Gottlieb regarding the circulated draft markup of the GridCo-GenCo Operating Agreement.PR

3 San Miguel, 

Jorge

12/9/21 0.4 620.00 $ 248.00 $ Participate in discussion with L. Porter (ACG) regarding response to the 

FOMB additional RFI related to reapportionment request and FY 2023 

generation budgeting structure in advance of the Generation directorate 

meeting.

PR

3 Porter, Lucas 12/9/21 0.3 570.00 $ 171.00 $ Participate on call with R. Zampierollo (PREPA), F. Santos (PREPA), N. 

Marino (ACG) and G. Gil (ACG) to discuss the FY 2022 fiscal plan 

Renewables procurement initiative.

Not in PR

3 Porter, Lucas 12/9/21 0.4 570.00 $ 228.00 $ Participate in discussion with J. San Miguel (ACG) regarding response to the 

FOMB additional RFI related to reapportionment request and FY 2023 

generation budgeting structure in advance of the Generation directorate 

meeting.

Not in PR

6 Gil, Gerard 12/9/21 0.7 500.00 $ 350.00 $ Review the updated GridCo-GenCo Operating Agreement mark-up circulated 

by P3 Authority and related correspondence.

PR

3 Porter, Lucas 12/9/21 0.6 570.00 $ 342.00 $ Participate on call with N. Marino (ACG) to discuss the FY 2022 budget 

variance analysis for generation labor and non-labor expenses.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 15 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 156 of 229
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 12/9/21 0.9 500.00 $ 450.00 $ Participate on call with N. Morales (PREPA), J. Adrover (PREPA) J. San 

Miguel (ACG) and L. Porter (ACG) to discuss the FY 2022 budget for 

generation maintenance projects. 

PR

3 San Miguel, 

Jorge

12/9/21 2.8 620.00 $ 1,736.00 $ Attend meetings with N. Morales (PREPA), J. Adrover (PREPA) and L. 

Matias (PREPA) to review and discuss Generation directorate budget 

information for FY 2023.

PR

3 San Miguel, 

Jorge

12/9/21 0.4 620.00 $ 248.00 $ Participate in meeting with J. Squiers (ACG) to discuss generation budget 

matters related to security services and related procurement matters.

PR

3 Gil, Gerard 12/9/21 0.6 500.00 $ 300.00 $ Analyze initial draft FY 2023 budget proposal provided by L. Matias (PREPA) 

in preparation for upcoming discussions with PREPA management.

PR

3 Gil, Gerard 12/9/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss information requests from 

R. Zampierollo (PREPA) to inform FY 2022 fiscal plan implementation 

reporting.

PR

3 Porter, Lucas 12/9/21 0.8 570.00 $ 456.00 $ Analyze the payment history data on healthcare expenses, provided by J. 

Adrover (PREPA), to inform responses to the FOMB regarding FY 2022 

budget variances. 

Not in PR

25 Parker, 

Christine

12/9/21 2.0 200.00 $ 400.00 $ Compile and review expense receipts for travel to Puerto Rico by Ankura 

professionals for inclusion in the Ankura November 2021 monthly fee 

statement.

Not in PR

3 Gil, Gerard 12/10/21 0.2 500.00 $ 100.00 $ Participate in discussion with J. San Miguel (ACG) regarding the PREPA 

GenCo budget and proposed budget outline received from L. Porter (ACG) to 

inform N. Morales (PREPA) and R. Zampierollo (PREPA).

PR

2 Crisalli, Paul 12/10/21 0.2 875.00 $ 175.00 $ Review correspondence with AAFAF regarding fuel oil related supplier 

payment history in response to AAFAF request for information.

Not in PR

3 San Miguel, 

Jorge

12/10/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding the PREPA Generation 

hiring initiative and response to the RFI from the FOMB.

PR

3 Marino, 

Nicholas

12/10/21 0.6 495.00 $ 297.00 $ Edit the Generation Directorate budget-to-actual monthly analysis dashboard 

output per L. Porter (ACG) comments.

Not in PR

50 Crisalli, Paul 12/10/21 1.9 875.00 $ 1,662.50 $ Review the active and inactive accounts receivable aging reports and 

Government accounts receivable aging report for October 2021.

Not in PR

2 Porter, Lucas 12/10/21 0.4 570.00 $ 228.00 $ Review RFI's from P. Crisalli (ACG) sent to Luma representatives related to 

FY 2022 budget variances for cash flow projections.

Not in PR

3 Porter, Lucas 12/10/21 0.3 570.00 $ 171.00 $ Review the monthly generation budget variance analysis prepared by N. 

Marino (ACG) to inform discussions with PREPA management on the FY 

2023 budget.

Not in PR

6 San Miguel, 

Jorge

12/10/21 0.4 620.00 $ 248.00 $ Review final draft comments to the GridCo-GenCo Operating Agreement 

received from G. Gil (ACG) prior to discussion with A. Rodriguez (PREPA) 

and L. Santa (PREPA).

PR

3 San Miguel, 

Jorge

12/10/21 0.2 620.00 $ 124.00 $ Correspond with L. Porter (ACG) regarding the budgeting preparation outline 

as requested by N. Morales (PREPA) and R. Zampierollo (PREPA) to 

coordinate directorate data submission and scheduling.

PR

3 Marino, 

Nicholas

12/10/21 1.9 495.00 $ 940.50 $ Begin drafting PREPA response to the FOMB letter dated 12/6/21 related to 

post-certification reporting per L. Porter (ACG) request.

Not in PR

6 San Miguel, 

Jorge

12/10/21 0.3 620.00 $ 186.00 $ Participate on call with G. Gil (ACG) to discuss takeaways from meeting with 

P3 Authority and advisors on the draft GridCo-GenCo Operating Agreement 

and comments submitted.

PR

6 Gil, Gerard 12/10/21 0.3 500.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) to discuss takeaways from 

meeting with P3 Authority and advisors on the draft GridCo-GenCo Operating 

Agreement and comments submitted.

PR

3 Porter, Lucas 12/10/21 0.5 570.00 $ 285.00 $ Review the FOMB letter request for information sent by G. Gil (ACG) related 

to generation labor costs for FY 2022.

Not in PR

3 Porter, Lucas 12/10/21 0.2 570.00 $ 114.00 $ Prepare request for clarifying information on FY 2022 budget variances for 

distribution to J. Adrover (PREPA).

Not in PR

25 Keys, Jamie 12/10/21 0.4 330.00 $ 132.00 $ Correspond with C. Parker (ACG) regarding changes to the Ankura November 

2021 monthly fee statement.

Not in PR

2 Crisalli, Paul 12/10/21 2.6 875.00 $ 2,275.00 $ Develop and distribute the GridCo Necessary Maintenance Expense and 

Federally Funding Capital templates for the January 2022 cash flow budget to 

Luma.

Not in PR

3 San Miguel, 

Jorge

12/10/21 0.2 620.00 $ 124.00 $ Review the updated data from PREPA Human Resources provided to inform 

response to the FOMB RFI related to the budget reapportionment initiative.

PR

3 Porter, Lucas 12/10/21 0.2 570.00 $ 114.00 $ Participate on call with J. Adrover (PREPA) to discuss follow-up information 

request from the FOMB related to the FY 2022 budget.

Not in PR

25 Keys, Jamie 12/10/21 2.9 330.00 $ 957.00 $ Continue to review the Ankura November 2021 monthly fee statement Exhibit 

C provided by C. Parker (ACG).

Not in PR

6 Porter, Lucas 12/10/21 0.5 570.00 $ 285.00 $ Review the P3 Authority generation transformation transaction due diligence 

questions provided by P3 Authority to R. Zampierollo (PREPA). 

Not in PR

2 Crisalli, Paul 12/10/21 0.6 875.00 $ 525.00 $ Update the monthly cash flow analysis for November 2021 actuals to inform 

cash flow reporting to AAFAF.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 16 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 157 of 229
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 12/10/21 0.2 570.00 $ 114.00 $ Correspond with N. Marino (ACG) regarding the generation directorate FY 

2022 budget variance analysis.

Not in PR

2 San Miguel, 

Jorge

12/10/21 0.2 620.00 $ 124.00 $ Review the cash flow templates provided by P. Crisalli (ACG) for discussion 

with Luma and PREPA representatives before January 2022 deadline.

PR

2 San Miguel, 

Jorge

12/10/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) related to PREPA cash flow and 

other financial reporting matters.

PR

2 Crisalli, Paul 12/10/21 0.3 875.00 $ 262.50 $ Update the January 2022 cash flow budget and RFI tracker for current 

information.

Not in PR

2 Crisalli, Paul 12/10/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) related to PREPA cash flow and 

other financial reporting matters.

Not in PR

3 San Miguel, 

Jorge

12/10/21 0.2 620.00 $ 124.00 $ Participate in discussion with G. Gil (ACG) regarding the PREPA GenCo 

budget and proposed budget outline received from L. Porter (ACG) to inform 

N. Morales (PREPA) and R. Zampierollo (PREPA).

PR

3 Porter, Lucas 12/10/21 0.9 570.00 $ 513.00 $ Perform final review of the draft FY 2022 budget variance report for R. 

Zampierollo (PREPA) and E. Ortiz (PREPA) prior to submittal to the FOMB.

Not in PR

3 San Miguel, 

Jorge

12/10/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Adrover (PREPA) regarding responses to the 

FOMB RFI on reapportionment initiatives and supporting information.

PR

3 Gil, Gerard 12/10/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss outstanding items for 

finalization of the draft FY 2022 budget variance report.

PR

50 Keys, Jamie 12/10/21 0.6 330.00 $ 198.00 $ Prepare the weekly cash flow and liquidity related files for FOMB fiscal plan 

reporting purposes.

Not in PR

3 Porter, Lucas 12/10/21 0.2 570.00 $ 114.00 $ Review the follow-up information request from Y. Hickey (FOMB) related to 

FY 2022 budget variances.

Not in PR

50 Marino, 

Nicholas

12/10/21 1.2 495.00 $ 594.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/17/21 bi-weekly mediation call.

Not in PR

25 Parker, 

Christine

12/10/21 1.8 200.00 $ 360.00 $ Prepare Exhibit D of the Ankura November 2021 monthly fee statement for 

review by J. Keys (ACG).

Not in PR

3 Gil, Gerard 12/10/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding the PREPA 

Generation hiring initiative and response to the RFI from the FOMB.

PR

3 San Miguel, 

Jorge

12/10/21 0.2 620.00 $ 124.00 $ Review the draft outline of information requests on FY 2023 budget received 

from L. Porter (ACG) in advance of discussion and delivery to N. Morales 

(PREPA) and finance office in support of budget development for the 

Executive Director.

PR

2 Crisalli, Paul 12/10/21 0.4 875.00 $ 350.00 $ Review the PREPA monthly bank balance reports as requested by AAFAF and 

provide comments to J. Keys (ACG).

Not in PR

3 Porter, Lucas 12/10/21 0.2 570.00 $ 114.00 $ Prepare responding information to Y. Hickey (FOMB) related to FY 2022 

budget variances.

Not in PR

6 Gil, Gerard 12/10/21 0.4 500.00 $ 200.00 $ Prepare comments to the draft GridCo-GenCo Operating Agreement circulated 

by Cleary Gottlieb on 12/9/21 for distribution to A. Rodriguez (PREPA).

PR

6 Porter, Lucas 12/10/21 1.4 570.00 $ 798.00 $ Review the updated draft GridCo-GenCo Operating Agreement received from 

N. Koeppen (CGSH) to understand revisions and final requirements for 

PREPA management.

Not in PR

3 Porter, Lucas 12/10/21 0.2 570.00 $ 114.00 $ Participate on call with E. Ortiz (PREPA) to discuss outstanding items for 

finalization of the draft FY 2022 budget variance report.

Not in PR

6 Gil, Gerard 12/10/21 0.7 500.00 $ 350.00 $ Review the draft mark-up of the GridCo-GenCo Operating Agreement, 

circulated by Cleary Gottlieb on 12/9/21, to inform discussions with PREPA 

management to finalize draft. 

PR

3 Porter, Lucas 12/10/21 0.5 570.00 $ 285.00 $ Prepare outline of information requests related to the FY 2023 budget for N. 

Morales (PREPA) as requested by J. San Miguel (ACG).

Not in PR

3 San Miguel, 

Jorge

12/10/21 0.3 620.00 $ 186.00 $ Review the generation hiring information request received from N. Morales 

(PREPA) prior to discussion with G. Gil (ACG) in support of requested 

response.

PR

3 Marino, 

Nicholas

12/10/21 1.5 495.00 $ 742.50 $ Continue drafting PREPA response to the FOMB letter dated 12/6/21 related 

to post-certification reporting per L. Porter (ACG) request.

Not in PR

25 Keys, Jamie 12/10/21 3.2 330.00 $ 1,056.00 $ Review the current draft of the Ankura November 2021 monthly fee statement 

provided by C. Parker (ACG).

Not in PR

3 Porter, Lucas 12/10/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss outstanding items for 

finalization of the draft FY 2022 budget variance report.

Not in PR

3 Gil, Gerard 12/10/21 0.3 500.00 $ 150.00 $ Review the FOMB letter RFI related to generation labor costs for FY 2022. PR

3 Porter, Lucas 12/10/21 0.2 570.00 $ 114.00 $ Prepare responding information to Y. Hickey (FOMB) regarding requested 

information on labor costs included in the FY 2022 budget. 

Not in PR

6 Gil, Gerard 12/11/21 1.4 500.00 $ 700.00 $ Prepare initial draft summary materials of the GridCo-GenCo Operating 

Agreement to be presented to the PREPA Board of Directors as requested by 

A. Rodriguez (PREPA).

PR

6 Gil, Gerard 12/11/21 0.1 500.00 $ 50.00 $ Correspond with A. Rodriguez (PREPA) regarding summary materials of the 

GridCo-GenCo Operating Agreement to be presented to the PREPA Board of 

Directors.

PR

Exhibit C

January 28, 2022 / #PR00054 17 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 158 of 229
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 12/12/21 0.1 500.00 $ 50.00 $ Correspond with K. Bolanos (DV) regarding summary materials of the GridCoGenCo Operating Agreement to be presented to the PREPA Board of 

Directors.

PR

3 Marino, 

Nicholas

12/13/21 1.6 495.00 $ 792.00 $ Participate in working session with L. Matias (PREPA), R. Rivera (PREPA), 

G. Gil (ACG) and L. Porter (ACG) to discuss supporting materials and 

requests for FY 2023 budget development.

Not in PR

50 Crisalli, Paul 12/13/21 0.8 875.00 $ 700.00 $ Develop correspondence to Luma and PREPA regarding active and inactive 

accounts receivable aging reports and Government accounts receivable aging 

report for November 2021.

Not in PR

6 Porter, Lucas 12/13/21 0.7 570.00 $ 399.00 $ Develop additional presentation materials requested by G. Gil (ACG) for the 

PREPA Board of Directors meeting on the GridCo-GenCo Operating 

Agreement.

Not in PR

2 Crisalli, Paul 12/13/21 0.5 875.00 $ 437.50 $ Review the weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

3 Keys, Jamie 12/13/21 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

2 Porter, Lucas 12/13/21 0.2 570.00 $ 114.00 $ Review correspondence from M. DiConza (OMM) and AAFAF representatives 

regarding vendor payments impacting PREPA's liquidity forecasts.

Not in PR

3 Marino, 

Nicholas

12/13/21 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 Gil, Gerard 12/13/21 0.3 500.00 $ 150.00 $ Update the PREPA workstreams matrix in preparation for the Ankura working 

group call on FY 2022 fiscal plan implementation.

PR

3 San Miguel, 

Jorge

12/13/21 0.9 620.00 $ 558.00 $ Revise and comment draft response letter to the FOMB regarding generation 

hiring initiative for discussion with J. Adrover (PREPA) and Ankura team.

PR

6 Marino, 

Nicholas

12/13/21 0.4 495.00 $ 198.00 $ Revise the PREPA reorganization presentation for Board of Directors and the 

GridCo-GenCo Operating Agreement for comments from G. Gil (ACG).

Not in PR

2 San Miguel, 

Jorge

12/13/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) regarding funding and liquidity 

projections related to emergency vendor outstanding payments.

PR

3 Smith, James 12/13/21 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

6 Porter, Lucas 12/13/21 0.6 570.00 $ 342.00 $ Revise draft presentation materials for the PREPA Board of Directors meeting 

on the GridCo-GenCo Operating Agreement requested by G. Gil (ACG).

Not in PR

51 Keys, Jamie 12/13/21 0.5 330.00 $ 165.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to the 

review of emergency vendor invoices.

Not in PR

6 Porter, Lucas 12/13/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss outline of the PREPA Board 

of Directors presentation materials on the GridCo-GenCo Operating 

Agreement.

Not in PR

3 San Miguel, 

Jorge

12/13/21 1.2 620.00 $ 744.00 $ Review and analyze PREPA reorganization materials for comments in support 

of presentation to the Board of Directors Committee on 12/14/21.

PR

3 Porter, Lucas 12/13/21 1.3 570.00 $ 741.00 $ Participate on call with W. Lopez (PREPA), J. Adrover (PREPA), J. San 

Miguel (ACG) and G. Gil (ACG) to discuss responses to the FOMB RFIs 

related to FY 2022 budget labor costs.

Not in PR

3 Crisalli, Paul 12/13/21 0.2 875.00 $ 175.00 $ Prepare correspondence to Luma and PREPA management regarding 

November 2021 monthly fiscal plan-related accounts receivable reports for 

residential, commercial, industrial, government and other customers.

Not in PR

3 Crisalli, Paul 12/13/21 2.3 875.00 $ 2,012.50 $ Review the November 2021 General Client and Government accounts 

receivable reports for FY 2022 fiscal plan reporting purposes.

Not in PR

3 Marino, 

Nicholas

12/13/21 0.5 495.00 $ 247.50 $ Participate on call with F. Osorio (PREPA), R. Zampierollo (PREPA), G. Gil 

(ACG) and L. Porter (ACG) regarding the FOMB letter dated 12/6/21 related 

to post-certification reporting for Employee Injury Rate.

Not in PR

6 Porter, Lucas 12/13/21 1.0 570.00 $ 570.00 $ Develop draft presentation materials requested by G. Gil (ACG) for the 

PREPA Board of Directors meeting regarding the GridCo-GenCo Operating 

Agreement.

Not in PR

51 San Miguel, 

Jorge

12/13/21 0.3 620.00 $ 186.00 $ Participate on call with P. Crisalli (ACG) regarding emergency vendor 

outstanding invoices and related FEMA proceeds.

PR

3 Gil, Gerard 12/13/21 0.5 500.00 $ 250.00 $ Prepare for the FY 2023 budget development working session with L. Matias 

(PREPA).

PR

50 San Miguel, 

Jorge

12/13/21 1.4 620.00 $ 868.00 $ Review liquidity and cash management reports distributed by P. Crisalli (ACG) 

under fiscal plan milestone reporting initiatives to inform the 12/17/21 biweekly mediation call.

PR

2 Crisalli, Paul 12/13/21 0.4 875.00 $ 350.00 $ Update the November 2021 monthly accounts receivable reporting and 

presentation material templates.

Not in PR

6 Porter, Lucas 12/13/21 0.2 570.00 $ 114.00 $ Review comments to the draft presentation materials received from G. Gil 

(ACG) on the GridCo-GenCo Operating Agreement materials.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 18 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 159 of 229
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 12/13/21 0.4 500.00 $ 200.00 $ Review the T&D O&M agreement and update the draft materials for meeting 

with the PREPA Board of Directors regarding the GridCo-GenCo Operating 

Agreement.

PR

3 Gil, Gerard 12/13/21 0.5 500.00 $ 250.00 $ Participate on call with F. Osorio (PREPA), R. Zampierollo (PREPA), L. 

Porter (ACG) and N. Marino (ACG) regarding the FOMB letter dated 12/6/21 

related to post-certification reporting for Employee Injury Rate.

PR

6 Gil, Gerard 12/13/21 1.1 500.00 $ 550.00 $ Participate on calls with A. Rodriguez (PREPA), L. Santa (PREPA) and K. 

Bolanos (DV) to discuss agenda and materials for the 12/14/21 Board of 

Directors meeting regarding the approval of PREPA's reorganization and the 

GridCo-GenCo Operating Agreement.

PR

2 Crisalli, Paul 12/13/21 3.1 875.00 $ 2,712.50 $ Update supporting analyses and related outputs for the November 2021 

accounts receivable presentation materials for Luma and PREPA management.

Not in PR

6 Marino, 

Nicholas

12/13/21 0.8 495.00 $ 396.00 $ Revise the PREPA reorganization presentation for the Board of Directors 

related to the GridCo-GenCo Operating Agreement and provide to K. Bolanos 

(DV).

Not in PR

6 Gil, Gerard 12/13/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss revisions to the draft 

PREPA Board of Directors presentation materials on the GridCo-GenCo 

Operating Agreement.

PR

3 San Miguel, 

Jorge

12/13/21 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding response plan to RFI 

letters from the FOMB related to hiring initiatives, reorganization project and 

post-certification fiscal plan reporting.

PR

2 Crisalli, Paul 12/13/21 0.6 875.00 $ 525.00 $ Develop and distribute the GridCo Payroll template for the January 2022 cash 

flow budget to Luma.

Not in PR

3 Crisalli, Paul 12/13/21 0.6 875.00 $ 525.00 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 12/3/21.Not in PR

2 Crisalli, Paul 12/13/21 0.9 875.00 $ 787.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

12/10/21.

Not in PR

6 Porter, Lucas 12/13/21 0.5 570.00 $ 285.00 $ Review outline of the PREPA Board of Directors presentation materials from 

G. Gil (ACG) regarding the GridCo-GenCo Operating Agreement.

Not in PR

3 San Miguel, 

Jorge

12/13/21 0.3 620.00 $ 186.00 $ Review the FOMB RFI related to the generation hiring initiative in preparation 

for meeting with client.

PR

2 Crisalli, Paul 12/13/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) regarding funding and liquidity 

projections related to emergency vendor outstanding payments.

Not in PR

6 Gil, Gerard 12/13/21 1.5 500.00 $ 750.00 $ Review and update presentation materials for the 12/14/21 PREPA Board of 

Directors meeting regarding the approval of PREPA's reorganization and the 

GridCo-GenCo Operating Agreement.

PR

2 Keys, Jamie 12/13/21 2.2 330.00 $ 726.00 $ Prepare the weekly cash flow outputs for the week ended 12/10/21 for review 

by P. Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

12/13/21 1.3 620.00 $ 806.00 $ Participate on call with W. Lopez (PREPA), J. Adrover (PREPA), G. Gil 

(ACG) and L. Porter (ACG) to discuss responses to the FOMB RFIs related to 

FY 2022 budget labor costs.

PR

2 Keys, Jamie 12/13/21 0.9 330.00 $ 297.00 $ Review the weekly supporting cash flow documents circulated by J. Roque 

(Luma).

Not in PR

3 Porter, Lucas 12/13/21 1.6 570.00 $ 912.00 $ Participate in working session with L. Matias (PREPA), R. Rivera (PREPA), 

G. Gil (ACG) and N. Marino (ACG) to discuss supporting materials and 

requests for FY 2023 budget development.

Not in PR

2 Crisalli, Paul 12/13/21 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

3 Gil, Gerard 12/13/21 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

51 Crisalli, Paul 12/13/21 0.3 875.00 $ 262.50 $ Participate on call with J. San Miguel (ACG) regarding emergency vendor 

outstanding invoices and related FEMA proceeds.

Not in PR

3 Gil, Gerard 12/13/21 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding response plan to 

RFI letters from the FOMB related to hiring initiatives, reorganization project 

and post-certification fiscal plan reporting.

PR

50 Smith, James 12/13/21 0.9 750.00 $ 675.00 $ Prepare initial draft notes for the 12/17/21 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

6 Marino, 

Nicholas

12/13/21 1.1 495.00 $ 544.50 $ Develop presentation regarding the PREPA reorganization for the Board of 

Directors and the GridCo-GenCo Operating Agreement as requested by G. Gil 

(ACG) and L. Porter (ACG).

Not in PR

3 Porter, Lucas 12/13/21 0.5 570.00 $ 285.00 $ Participate on call with F. Osorio (PREPA), R. Zampierollo (PREPA), G. Gil 

(ACG) and N. Marino (ACG) regarding the FOMB letter dated 12/6/21 related 

to post-certification reporting for Employee Injury Rate.

Not in PR

6 Porter, Lucas 12/13/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss revisions to the draft PREPA 

Board of Directors presentation materials on the GridCo-GenCo Operating 

Agreement.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 19 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 160 of 229
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 12/13/21 0.3 875.00 $ 262.50 $ Update supporting analysis for AAFAF regarding the fuel oil-related supplier 

payment history in response to the AAFAF RFI.

Not in PR

6 Gil, Gerard 12/13/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss outline of the PREPA 

Board of Directors presentation materials on the GridCo-GenCo Operating 

Agreement.

PR

3 San Miguel, 

Jorge

12/13/21 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 Porter, Lucas 12/13/21 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

2 Porter, Lucas 12/13/21 0.4 570.00 $ 228.00 $ Review data template and RFI from P. Crisalli (ACG) regarding labor costs for 

cash flow projection and budget update.

Not in PR

50 Marino, 

Nicholas

12/13/21 1.2 495.00 $ 594.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 12/17/21 bi-weekly mediation call.

Not in PR

3 Crisalli, Paul 12/13/21 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 (partial).

Not in PR

6 Gil, Gerard 12/13/21 0.3 500.00 $ 150.00 $ Participate on call with K. Bolanos (DV) to discuss updated materials 

regarding the approval of PREPA's reorganization and the GridCo-GenCo 

Operating Agreement.

PR

3 Gil, Gerard 12/13/21 1.3 500.00 $ 650.00 $ Participate on call with W. Lopez (PREPA), J. Adrover (PREPA), J. San 

Miguel (ACG) and L. Porter (ACG) to discuss responses to the FOMB RFIs 

related to FY 2022 budget labor costs.

PR

3 Gil, Gerard 12/13/21 1.6 500.00 $ 800.00 $ Participate in working session with L. Matias (PREPA), R. Rivera (PREPA), 

L. Porter (ACG) and N. Marino (ACG) to discuss supporting materials and 

requests for FY 2023 budget development.

PR

3 Gil, Gerard 12/13/21 0.4 500.00 $ 200.00 $ Review materials in preparation for upcoming conference call with PREPA 

regarding the FOMB RFI on PREPA's hiring plan and FY 2022 labor 

expenses.

PR

3 Porter, Lucas 12/13/21 0.8 570.00 $ 456.00 $ Analyze updated labor cost data provided by J. Adrover (PREPA) to inform 

responses to FOMB regarding FY 2022 budget.

Not in PR

40 Sabbe, Angela 12/13/21 0.5 570.00 $ 285.00 $ Participate on call with PREPA audit team to answer questions about 

employee source file used for liability analysis.

Not in PR

6 Porter, Lucas 12/13/21 0.4 570.00 $ 228.00 $ Review updated presentation materials from G. Gil (ACG) for the PREPA 

Board of Directors meeting on the GridCo-GenCo Operating Agreement.

Not in PR

3 Porter, Lucas 12/14/21 0.8 570.00 $ 456.00 $ Prepare draft FY 2023 budget presentation materials for G. Gil (ACG) and N. 

Marino (ACG) for meetings with PREPA management.

Not in PR

3 Gil, Gerard 12/14/21 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) and N. Marino (ACG) to discuss FY 

2022 fiscal plan implementation reporting for December submittal.

PR

3 San Miguel, 

Jorge

12/14/21 0.6 620.00 $ 372.00 $ Review updated and additional data provided by J. Adrover (PREPA) in 

support of response to FOMB RFI on generation hiring initiative.

PR

2 Crisalli, Paul 12/14/21 0.3 875.00 $ 262.50 $ Develop and distribute the FOMB Advisor Costs allocated to PREPA template 

for the January 2022 cash flow budget to PREPA.

Not in PR

3 Porter, Lucas 12/14/21 0.4 570.00 $ 228.00 $ Review responding information from E. Ortiz (PREPA) regarding FY 2022 

budget and actual labor costs.

Not in PR

2 Crisalli, Paul 12/14/21 0.7 875.00 $ 612.50 $ Develop and distribute the Medical Benefit Cost template for the January 2022 

cash flow budget to Luma and PREPA.

Not in PR

6 Gil, Gerard 12/14/21 1.6 500.00 $ 800.00 $ Participate in meeting with the PREPA Board Committee on Transition and 

the PREPA management team to discuss the PREPA reorganization and the 

GridCo-GenCo Operating Agreement.

PR

3 Porter, Lucas 12/14/21 0.7 570.00 $ 399.00 $ Review FOMB RFI on generation labor costs for FY 2022 to inform 

information request to J. Adrover (PREPA), W. Lopez (PREPA), and other 

members of PREPA management.

Not in PR

3 Porter, Lucas 12/14/21 0.3 570.00 $ 171.00 $ Review follow-up request for information from Y. Hickey (FOMB) related to 

the FY 2022 budget variance report.

Not in PR

3 Porter, Lucas 12/14/21 0.2 570.00 $ 114.00 $ Correspond with Y. Hickey (FOMB) regarding follow-up requests for 

information related to the FY 2022 budget variance report.

Not in PR

3 Gil, Gerard 12/14/21 0.5 500.00 $ 250.00 $ Review draft FY 2023 budget presentation materials for meetings with PREPA 

management.

PR

6 Gil, Gerard 12/14/21 2.3 500.00 $ 1,150.00 $ Participate in meeting with the PREPA Board Committee on Bankruptcy and 

PREPA management team to discuss the PREPA reorganization and the 

GridCo-GenCo Operating Agreement.

PR

3 Marino, 

Nicholas

12/14/21 0.7 495.00 $ 346.50 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss FY 2022 

fiscal plan implementation reporting for December submittal.

Not in PR

2 Crisalli, Paul 12/14/21 1.5 875.00 $ 1,312.50 $ Develop and distribute the GridCo Other Accounts Payable template for the 

January 2022 cash flow budget to Luma.

Not in PR

3 San Miguel, 

Jorge

12/14/21 0.6 620.00 $ 372.00 $ Participate in discussion with G. Gil (ACG) regarding next steps from the 

PREPA Board of Directors meeting related to the Luma transition, budgeting, 

and fiscal plan reporting matters and developments.

PR

Exhibit C

January 28, 2022 / #PR00054 20 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 161 of 229
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 12/14/21 1.1 570.00 $ 627.00 $ Prepare draft responses to due diligence questions related to fuel for the P3 

Authority generation transformation transaction for distribution to E. Barbosa 

(PREPA).

Not in PR

2 Crisalli, Paul 12/14/21 0.6 875.00 $ 525.00 $ Develop and distribute the GridCo Legal Services template for the January 

2022 cash flow budget to Luma.

Not in PR

2 Crisalli, Paul 12/14/21 0.2 875.00 $ 175.00 $ Correspond with J. Roque (Luma) regarding purchased power invoices for 

October and November 2021 to inform the January 2022 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

12/14/21 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) regarding the Necessary 

Maintenance Expense-related cash budget forecast.

PR

51 Keys, Jamie 12/14/21 0.8 330.00 $ 264.00 $ Participate on call with S. Diaz (ARI), P. Crisalli (ACG) and J. San Miguel 

(ACG) regarding status of emergency-related RFRs, emergency vendor open 

invoice reconciliation and potential future FEMA proceeds.

Not in PR

3 San Miguel, 

Jorge

12/14/21 0.2 620.00 $ 124.00 $ Review FOMB response to PREPA filing related to budget reapportionment 

matters to discuss with J. Adrover (PREPA).

PR

51 San Miguel, 

Jorge

12/14/21 0.6 620.00 $ 372.00 $ Participate on call with S. Diaz (ARI), P. Crisalli (ACG) and J. Keys (ACG) 

regarding status of emergency-related RFRs, emergency vendor open invoice 

reconciliation and potential future FEMA proceeds (partial).

PR

3 Marino, 

Nicholas

12/14/21 1.2 495.00 $ 594.00 $ Begin updating the PREPA FY 2022 fiscal plan initiatives December 2021 

implementation reporting master working file.

Not in PR

50 San Miguel, 

Jorge

12/14/21 0.4 620.00 $ 248.00 $ Participate in discussion with J. Smith (ACG) regarding the draft agenda 

update for the 12/17/21 bi-weekly mediation call.

PR

2 Crisalli, Paul 12/14/21 0.4 875.00 $ 350.00 $ 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

3 Porter, Lucas 12/14/21 0.4 570.00 $ 228.00 $ Prepare responding comments for AAFAF regarding marginal benefits and FY 

2022 budget labor costs.

Not in PR

2 Crisalli, Paul 12/14/21 0.9 875.00 $ 787.50 $ Develop and distribute the GridCo Vegetation Management template for the 

January 2022 cash flow budget to Luma.

Not in PR

3 Porter, Lucas 12/14/21 1.0 570.00 $ 570.00 $ Analyze FY 2023 budget documentation received from L. Matias (PREPA) to 

inform discussions with PREPA management.

Not in PR

50 Marino, 

Nicholas

12/14/21 1.2 495.00 $ 594.00 $ Begin aggregating PREPA-related news for J. San Miguel (ACG) and J. Smith 

(ACG) to inform discussion materials for the 12/17/21 bi-weekly mediation 

call.

Not in PR

51 Crisalli, Paul 12/14/21 0.8 875.00 $ 700.00 $ Participate on call with S. Diaz (ARI), J. Keys (ACG) and J. San Miguel 

(ACG) regarding status of emergency-related RFRs, emergency vendor open 

invoice reconciliation and potential future FEMA proceeds.

Not in PR

25 Parker, 

Christine

12/14/21 1.1 200.00 $ 220.00 $ Update Exhibits A, B and C of the Ankura December 2021 monthly fee 

statement for information currently available.

Not in PR

2 Crisalli, Paul 12/14/21 0.3 875.00 $ 262.50 $ Update the weekly cash flow presentation materials for distribution to Luma 

and PREPA.

Not in PR

2 Crisalli, Paul 12/14/21 0.5 875.00 $ 437.50 $ Develop and distribute the P3 Authority Transaction Costs template for the 

January 2022 cash flow budget to PREPA.

Not in PR

2 Crisalli, Paul 12/14/21 0.8 875.00 $ 700.00 $ Develop and distribute the GridCo Professional & Technical Outsourced 

Services template for the January 2022 cash flow budget to Luma.

Not in PR

3 Gil, Gerard 12/14/21 0.2 500.00 $ 100.00 $ Participate on call with FOMB representative to discuss Christmas bonus 

payment and impact on the FY 2022 budget.

PR

2 Crisalli, Paul 12/14/21 0.4 875.00 $ 350.00 $ Update the January 2022 cash flow budget and RFI tracker for current 

information.

Not in PR

2 Crisalli, Paul 12/14/21 0.8 875.00 $ 700.00 $ Reconcile invoice data and supplier payment history for certain professional 

services related payments to inform the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 12/14/21 1.1 500.00 $ 550.00 $ Review materials for response to FOMB RFI on generation labor costs for FY 

2022.

PR

2 Keys, Jamie 12/14/21 0.7 330.00 $ 231.00 $ Revise the weekly cash flow outputs for the week ended 12/10/21. Not in PR

3 Porter, Lucas 12/14/21 0.2 570.00 $ 114.00 $ Prepare response to J. San Miguel (ACG) regarding status of response to the 

FOMB RFI related to generation labor costs for FY 2022.

Not in PR

51 Keys, Jamie 12/14/21 0.2 330.00 $ 66.00 $ Correspond with J. San Miguel (ACG) regarding status updates to the review 

of emergency vendor invoices.

Not in PR

50 Smith, James 12/14/21 0.4 750.00 $ 300.00 $ Participate in discussion with J. San Miguel (ACG) regarding the draft agenda 

update for the 12/17/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 12/14/21 0.7 570.00 $ 399.00 $ Prepare supporting workpapers for J. Adrover (PREPA) regarding FY 2022 

labor costs for FOMB RFI response.

Not in PR

25 Parker, 

Christine

12/14/21 1.4 200.00 $ 280.00 $ Review time descriptions to the Ankura December 2021 monthly fee statement 

for information currently assembled.

Not in PR

2 Keys, Jamie 12/14/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast presentation materials circulated by P. 

Crisalli (ACG).

Not in PR

3 Porter, Lucas 12/14/21 0.3 570.00 $ 171.00 $ Participate on call with N. Marino (ACG) to discuss status of FY 2022 fiscal 

plan reporting for December FOMB submittal.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 21 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 162 of 229
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

12/14/21 0.1 620.00 $ 62.00 $ Correspond with L. Porter (ACG) regarding draft response to the FOMB RFI 

on generation hiring initiative and request from PREPA executive 

management.

PR

3 San Miguel, 

Jorge

12/14/21 0.3 620.00 $ 186.00 $ Correspond with J. Adrover (PREPA) and L. Porter (ACG) regarding 

supplemental filing with the FOMB in response to the budget reapportionment 

request.

PR

6 Porter, Lucas 12/14/21 0.2 570.00 $ 114.00 $ Correspond with H. Fink (HL) regarding due diligence meeting request for the 

P3 Authority generation transformation transaction.

Not in PR

3 Porter, Lucas 12/14/21 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) and N. Marino (ACG) to discuss FY 

2022 fiscal plan implementation reporting for December submittal.

Not in PR

3 Keys, Jamie 12/14/21 1.5 330.00 $ 495.00 $ Review general ledger and audited financial statement data received from L. 

Porter (ACG) related to disclosure statements to support FY 2022 fiscal plan 

implementation.

Not in PR

3 Gil, Gerard 12/14/21 0.6 500.00 $ 300.00 $ Participate in discussion with J. San Miguel (ACG) regarding next steps from 

the PREPA Board of Directors meeting related to the Luma transition, 

budgeting, and fiscal plan reporting matters and developments.

PR

3 Porter, Lucas 12/14/21 0.8 570.00 $ 456.00 $ Revise FY 2022 labor cost projection as requested by N. Morales (PREPA) for 

submittal to FOMB.

Not in PR

2 Crisalli, Paul 12/14/21 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) regarding the Necessary 

Maintenance Expense-related cash budget forecast.

Not in PR

51 San Miguel, 

Jorge

12/14/21 0.4 620.00 $ 248.00 $ Participate on call with Fortaleza and PREPA Board of Directors 

representatives regarding status of emergency related RFRs, emergency vendor 

open invoice reconciliation and potential future FEMA proceeds.

PR

3 Marino, 

Nicholas

12/14/21 0.3 495.00 $ 148.50 $ Participate on call with L. Porter (ACG) to discuss status of FY 2022 fiscal 

plan reporting for December FOMB submittal.

Not in PR

2 Crisalli, Paul 12/14/21 0.4 875.00 $ 350.00 $ Review the October and November 2021 LNG invoices to inform the January 

2022 cash flow budget.

Not in PR

3 Porter, Lucas 12/14/21 0.4 570.00 $ 228.00 $ Prepare responding comments and requests for clarification for J. Adrover 

(PREPA) for response to FOMB regarding FY 2022 budget.

Not in PR

6 Porter, Lucas 12/14/21 0.2 570.00 $ 114.00 $ Correspond with F. Chapados (Citi) and P3 Authority representatives to 

schedule environmental due diligence meeting with the P3 Authority 

generation transformation transaction bidder.

Not in PR

3 San Miguel, 

Jorge

12/14/21 0.5 620.00 $ 310.00 $ Review correspondence and information provided by L. Matias (PREPA) and 

J. Adrover (PREPA) in support of response to the FOMB RFI regarding 

generation hiring initiative.

PR

51 Crisalli, Paul 12/14/21 0.2 875.00 $ 175.00 $ Prepare for call with S. Diaz (ARI) regarding status of emergency-related 

RFRs, emergency vendor open invoice reconciliation and potential future 

FEMA proceeds.

Not in PR

3 San Miguel, 

Jorge

12/14/21 0.3 620.00 $ 186.00 $ Participate on call with N. Morales (PREPA) to discuss response to the FOMB 

RFI related to the generation hiring initiative.

PR

25 Keys, Jamie 12/14/21 0.8 330.00 $ 264.00 $ Update Exhibit D for related expenses for the Ankura November 2021 monthly 

fee statement.

Not in PR

2 Crisalli, Paul 12/14/21 0.3 875.00 $ 262.50 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

2 Crisalli, Paul 12/14/21 0.5 875.00 $ 437.50 $ Develop and distribute the Luma Operator Service Fees template for the 

January 2022 cash flow budget to Luma.

Not in PR

50 Smith, James 12/14/21 0.4 750.00 $ 300.00 $ Review recent news, government and regulatory information related to Luma 

and PREPA in preparation for the 12/17/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 12/14/21 1.4 570.00 $ 798.00 $ Prepare detailed request for clarification and supporting information for J. 

Adrover (PREPA), W. Lopez (PREPA), and other PREPA management team 

members to inform response to FOMB RFI on generation labor costs for FY 

2022.

Not in PR

6 Gil, Gerard 12/14/21 0.2 500.00 $ 100.00 $ Participate on call with G. Loran (AAFAF) to discuss and expand on 

discussions at the PREPA Board Committees related to the PREPA 

reorganization and the GridCo-GenCo Operating Agreement.

PR

6 Marino, 

Nicholas

12/14/21 0.3 495.00 $ 148.50 $ Update the P3 Authority generation transformation transaction tracker per 

materials received from R. Arsenault (FTI) as requested by L. Porter (ACG).

Not in PR

6 Gil, Gerard 12/14/21 0.6 500.00 $ 300.00 $ Update presentation for the PREPA Board of Directors meeting regarding the 

PREPA reorganization and the GridCo-GenCo Operating Agreement.

PR

3 Porter, Lucas 12/14/21 1.5 570.00 $ 855.00 $ Analyze labor cost data provided by J. Adrover (PREPA) for response to 

FOMB regarding FY 2022 budget.

Not in PR

50 Keys, Jamie 12/15/21 0.4 330.00 $ 132.00 $ Prepare the weekly cash flow and liquidity related reporting package for 

distribution.

Not in PR

2 Crisalli, Paul 12/15/21 0.5 875.00 $ 437.50 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

3 San Miguel, 

Jorge

12/15/21 0.3 620.00 $ 186.00 $ Participate on call with J. Adrover (PREPA) to discuss additional input for 

response to the FOMB RFI related to the generation hiring initiative.

PR

Exhibit C

January 28, 2022 / #PR00054 22 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 163 of 229
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 12/15/21 0.4 330.00 $ 132.00 $ Review the draft insurance account information provided by P. Crisalli (ACG) 

for use in the January 2022 cash flow budget.

Not in PR

50 Crisalli, Paul 12/15/21 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

3 Porter, Lucas 12/15/21 0.5 570.00 $ 285.00 $ Revise draft responding letter to FOMB RFI based on comments from W. 

Lopez (PREPA) and M. Thys (PREPA) regarding FY 2022 budget labor costs.

Not in PR

51 Keys, Jamie 12/15/21 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to the 

review of emergency vendor invoices.

Not in PR

50 Keys, Jamie 12/15/21 0.4 330.00 $ 132.00 $ Review the draft agenda for the 12/17/21 bi-weekly mediation call. Not in PR

3 Porter, Lucas 12/15/21 2.1 570.00 $ 1,197.00 $ Prepare initial draft letter response for review by J. San Miguel (ACG) 

regarding FY 2022 budget and actual generation labor costs to inform response 

to the FOMB RFI.

Not in PR

3 Marino, 

Nicholas

12/15/21 0.3 495.00 $ 148.50 $ Review and implement master working file edits received from R. Zampierollo 

(PREPA) regarding PREPA FY 2022 fiscal plan Initiatives December 2021 

reporting.

Not in PR

3 San Miguel, 

Jorge

12/15/21 0.7 620.00 $ 434.00 $ Revise and edit draft response letter to FOMB responding to RFI on generation 

directorate hiring initiative based on PREPA inputs.

PR

3 Gil, Gerard 12/15/21 0.8 500.00 $ 400.00 $ Review updated draft of the fiscal plan initiatives December 2021 report and 

provide comments to R. Zampierollo (PREPA) and N. Marino (ACG).

PR

50 San Miguel, 

Jorge

12/15/21 0.5 620.00 $ 310.00 $ Review cash flow report and FEMA flash report circulated by J. Keys (ACG) 

to inform the 12/17/21 bi-weekly mediation call.

PR

2 Crisalli, Paul 12/15/21 2.4 875.00 $ 2,100.00 $ Update the November 2021 accounts receivable presentation materials for 

Luma and PREPA management.

Not in PR

3 Porter, Lucas 12/15/21 1.1 570.00 $ 627.00 $ Prepare generation operational report for the week ending 12/12/21 based on 

data from G. Soto (Luma) for FOMB as required by the FY 2022 PREPA 

fiscal plan.

Not in PR

50 Crisalli, Paul 12/15/21 0.4 875.00 $ 350.00 $ Review and revise materials for the 12/17/21 bi-weekly mediation calls related 

to cash flow and liquidity.

Not in PR

3 Porter, Lucas 12/15/21 0.3 570.00 $ 171.00 $ Prepare follow-up requests for J. Adrover (PREPA) and L. Matias (PREPA) 

regarding FY 2022 budget and actual generation labor costs to inform response 

to the FOMB RFI.

Not in PR

50 Smith, James 12/15/21 0.7 750.00 $ 525.00 $ Update draft outline for the 12/17/21 bi-weekly mediation call based on input 

from K. Bolanos (DV) and review of PREB filings related to Luma and 

PREPA.

Not in PR

3 Porter, Lucas 12/15/21 1.4 570.00 $ 798.00 $ Participate in working session with R. Zampierollo (PREPA), N. Marino 

(ACG) and G. Gil (ACG) regarding PREPA FY 2022 fiscal plan initiatives 

December 2021 reporting and the FOMB 12/6/21 RFI related to postcertification reporting.

Not in PR

50 San Miguel, 

Jorge

12/15/21 1.0 620.00 $ 620.00 $ Prepare draft agenda items related to operational and transformation initiatives 

in advance of discussion with J. Smith (ACG) to support the 12/17/21 biweekly mediation call.

PR

2 Crisalli, Paul 12/15/21 0.8 875.00 $ 700.00 $ Develop and distribute the initial GenCo Necessary Maintenance Expense 

template for the January 2022 cash flow budget to J. San Miguel (ACG) for 

discussion.

Not in PR

6 Porter, Lucas 12/15/21 1.8 570.00 $ 1,026.00 $ Participate on an environmental due diligence call with I. Mohip (PREPA), R. 

Zampierollo (PREPA), H. Fink (HL), A. Kushner (HL) and P3 Authority and 

bidder representatives to discuss due diligence questions for the P3 Authority 

generation transformation transaction.

Not in PR

3 Marino, 

Nicholas

12/15/21 0.7 495.00 $ 346.50 $ Revise PREPA response to FOMB letter dated 12/6/21 related to postcertification reporting.Not in PR

2 Crisalli, Paul 12/15/21 0.3 875.00 $ 262.50 $ Participate on call with N. Morales (PREPA) regarding the January 2022 cash 

flow budget work plan and open RFIs.

Not in PR

3 Gil, Gerard 12/15/21 0.4 500.00 $ 200.00 $ Participate in discussion with AAFAF representatives regarding next steps in 

the PREPA restructuring process per the motion filed by the FOMB. 

PR

50 Keys, Jamie 12/15/21 0.9 330.00 $ 297.00 $ Prepare the weekly FEMA flash report for the week ended 12/10/21 for review 

by P. Crisalli (ACG).

Not in PR

3 Marino, 

Nicholas

12/15/21 1.4 495.00 $ 693.00 $ Participate in working session with R. Zampierollo (PREPA), L. Porter (ACG) 

and G. Gil (ACG) regarding PREPA FY 2022 fiscal plan initiatives December 

2021 reporting and the FOMB 12/6/21 RFI related to post-certification 

reporting.

Not in PR

50 Smith, James 12/15/21 0.7 750.00 $ 525.00 $ Review PREB regulatory docket and filings related to PREPA and Luma in 

preparation for the 12/17/21 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 12/15/21 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

50 San Miguel, 

Jorge

12/15/21 2.7 620.00 $ 1,674.00 $ Attend the PREPA Board of Directors monthly public meeting to inform 

transformation, financial, operational and reconstruction matters for the 

12/17/21 bi-weekly mediation call.

PR

Exhibit C

January 28, 2022 / #PR00054 23 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 164 of 229
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 12/15/21 0.5 330.00 $ 165.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

3 Porter, Lucas 12/15/21 0.5 570.00 $ 285.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and N. 

Marino (ACG) to discuss revisions to PREPA FY 2022 fiscal plan initiatives 

December 2021 reporting.

Not in PR

50 Keys, Jamie 12/15/21 1.2 330.00 $ 396.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

3 Gil, Gerard 12/15/21 0.1 500.00 $ 50.00 $ Correspond with N. Marino (ACG) regarding the fiscal plan initiatives 

December 2021 report.

PR

2 Crisalli, Paul 12/15/21 0.2 875.00 $ 175.00 $ Develop correspondence to Ankura team regarding the GenCo Permanent 

Work forecast work plan for the January 2022 cash flow budget.

Not in PR

3 Marino, 

Nicholas

12/15/21 0.5 495.00 $ 247.50 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and L. Porter 

(ACG) to discuss revisions to PREPA FY 2022 fiscal plan initiatives 

December 2021 reporting.

Not in PR

51 Keys, Jamie 12/15/21 0.5 330.00 $ 165.00 $ Review the current grants management information and compare to the weekly 

project worksheet status report prepared by S. Diaz (ARI).

Not in PR

50 Keys, Jamie 12/15/21 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

3 Porter, Lucas 12/15/21 0.2 570.00 $ 114.00 $ Review and revise updated fleet status report provided by J. Smith (ACG) for 

12/12/21 generation operating report submittal to the FOMB required by FY 

2022 fiscal plan.

Not in PR

50 Porter, Lucas 12/15/21 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 12/17/21 bi-weekly mediation 

call.

Not in PR

50 Keys, Jamie 12/15/21 0.2 330.00 $ 66.00 $ Correspond with N. Morales (PREPA) regarding updates to the weekly FEMA 

flash report.

Not in PR

50 San Miguel, 

Jorge

12/15/21 0.1 620.00 $ 62.00 $ Review the updated weekly cash flow projection to inform the 12/17/21 biweekly mediation call.PR

3 Marino, 

Nicholas

12/15/21 0.7 495.00 $ 346.50 $ Update supporting documents following working session with R. Zampierollo 

(PREPA), G. Gil (ACG) and L. Porter (ACG) regarding PREPA FY 2022 

fiscal plan Initiatives December 2021 reporting.

Not in PR

3 Porter, Lucas 12/15/21 0.5 570.00 $ 285.00 $ Prepare responding comments for R. Zampierollo (PREPA) and N. Marino 

(ACG) regarding PREPA FY 2022 fiscal plan Initiatives December 2021 

reporting.

Not in PR

50 Keys, Jamie 12/15/21 0.6 330.00 $ 198.00 $ Review the revised weekly project worksheet status report provided by S. Diaz 

(ARI) for use in the weekly FEMA flash report.

Not in PR

2 Crisalli, Paul 12/15/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 12/10/21. Not in PR

3 Gil, Gerard 12/15/21 1.3 500.00 $ 650.00 $ Attend a portion of the PREPA Board of Directors monthly public meeting for 

information regarding the PREPA reorganization process required under the 

FY 2022 fiscal plan.

PR

50 Smith, James 12/15/21 1.5 750.00 $ 1,125.00 $ View a portion of the PREPA Board of Directors monthly public meeting for 

information relevant for the 12/17/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 12/15/21 0.6 570.00 $ 342.00 $ Review draft report from N. Marino (ACG) for PREPA FY 2022 fiscal plan 

Initiatives December 2021 reporting.

Not in PR

3 Porter, Lucas 12/15/21 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 12/12/21 required by 

the FY 2022 certified fiscal plan.

Not in PR

2 Crisalli, Paul 12/15/21 0.4 875.00 $ 350.00 $ Update the executive summary for the November 2021 accounts receivable 

presentation materials for Luma and PREPA management.

Not in PR

3 Porter, Lucas 12/15/21 0.9 570.00 $ 513.00 $ Participate on call with W. Lopez (PREPA) and M. Thys (PREPA) to discuss 

responses to FOMB RFI's regarding FY 2022 budget labor costs.

Not in PR

3 Porter, Lucas 12/15/21 0.5 570.00 $ 285.00 $ Revise supporting documents based on comments from J. Adrover (PREPA) 

regarding draft letter response to the FOMB RFI related to FY 2022 budget 

labor costs.

Not in PR

50 Marino, 

Nicholas

12/15/21 0.4 495.00 $ 198.00 $ Finalize aggregating PREPA-related news for J. San Miguel (ACG) and J. 

Smith (ACG) to inform discussion materials for the 12/17/21 bi-weekly 

mediation call.

Not in PR

3 Marino, 

Nicholas

12/15/21 0.4 495.00 $ 198.00 $ Update supporting documents following working session with R. Zampierollo 

(PREPA) regarding PREPA FY 2022 fiscal plan Initiatives December 2021 

reporting.

Not in PR

50 Keys, Jamie 12/15/21 0.3 330.00 $ 99.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

3 Porter, Lucas 12/15/21 0.4 570.00 $ 228.00 $ Participate on call with J. Adrover (PREPA) regarding draft letter response to 

the FOMB RFI related to FY 2022 budget labor costs.

Not in PR

3 Porter, Lucas 12/15/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to discuss FY 2022 budget and actual 

generation labor costs to inform responses to the FOMB RFI.

Not in PR

3 Marino, 

Nicholas

12/15/21 0.3 495.00 $ 148.50 $ Update PREPA FY 2022 fiscal plan Initiatives December 2021 

implementation reporting presentation following working session with R. 

Zampierollo (PREPA), G. Gil (ACG) and L. Porter (ACG).

Not in PR

Exhibit C

January 28, 2022 / #PR00054 24 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 165 of 229
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 12/15/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

50 San Miguel, 

Jorge

12/15/21 0.8 620.00 $ 496.00 $ Review and provide comments to the draft agenda circulated by J. Smith 

(ACG) to inform the 12/17/21 bi-weekly mediation call related to financial, 

operational and transformation updates.

PR

50 Smith, James 12/15/21 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 12/17/21 bi-weekly mediation 

call.

Not in PR

3 Gil, Gerard 12/15/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 budget and actual 

generation labor costs to inform responses to the FOMB RFI.

PR

2 San Miguel, 

Jorge

12/15/21 0.3 620.00 $ 186.00 $ Review the Necessary Maintenance Expense template from P. Crisalli (ACG) 

for discussion regarding the January 2022 cash flow budget.

PR

3 Gil, Gerard 12/15/21 1.4 500.00 $ 700.00 $ Participate in working session with R. Zampierollo (PREPA), N. Marino 

(ACG) and L. Porter (ACG) regarding PREPA FY 2022 fiscal plan initiatives 

December 2021 reporting and the FOMB 12/6/21 RFI related to postcertification reporting.

PR

3 Marino, 

Nicholas

12/15/21 1.3 495.00 $ 643.50 $ Update PREPA FY 2022 fiscal plan Initiatives December 2021 

implementation reporting presentation for R. Zampierollo (PREPA) 

comments.

Not in PR

3 Gil, Gerard 12/15/21 0.5 500.00 $ 250.00 $ Participate on call with R. Zampierollo (PREPA), L. Porter (ACG) and N. 

Marino (ACG) to discuss revisions to PREPA FY 2022 fiscal plan initiatives 

December 2021 reporting.

PR

50 San Miguel, 

Jorge

12/16/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Smith (ACG) regarding regulatory 

developments by PREB and Luma to inform discussion points for the 12/17/21 

bi-weekly mediation call.

PR

3 Gil, Gerard 12/16/21 0.2 500.00 $ 100.00 $ Participate on call with L. Porter (ACG) to review materials for meeting with 

N. Morales (PREPA) and PREPA management team regarding FY 2023 

budget development.

PR

2 Gil, Gerard 12/16/21 1.1 500.00 $ 550.00 $ Participate on call with J. Keys (ACG), P. Crisalli (ACG), J. San Miguel 

(ACG) and L. Porter (ACG) regarding Federally Funded Permanent Work and 

Non-Federally Funded Capital forecast for the January 2022 cash flow budget.

PR

25 Parker, 

Christine

12/16/21 1.2 200.00 $ 240.00 $ Continue to review time descriptions to the Ankura December 2021 monthly 

fee statement for information currently assembled.

Not in PR

2 Crisalli, Paul 12/16/21 0.2 875.00 $ 175.00 $ Participate on call with M. DiConza (OMM) and representatives of AAFAF 

regarding the fuel oil supplier payment history request.

Not in PR

3 Porter, Lucas 12/16/21 1.1 570.00 $ 627.00 $ Participate in working session with G. Gil (ACG) to prepare materials for 

meeting with N. Morales (PREPA) and PREPA management team regarding 

FY 2023 budget development.

Not in PR

3 Gil, Gerard 12/16/21 1.6 500.00 $ 800.00 $ Participate in meeting with N. Morales (PREPA), M. Zapata (PREPA), J. 

Adrover (PREPA), F. Correa (PREPA), R. Auli (PREPA), L. Matias 

(PREPA), J. San Miguel (ACG) and L. Porter (ACG) to discuss development 

of the FY 2023 budget.

PR

50 San Miguel, 

Jorge

12/16/21 0.9 620.00 $ 558.00 $ Review recent development listing on PREPA and energy sector matters 

provided by N. Marino (ACG) in preparation for the 12/17/21 bi-weekly 

mediation call.

PR

6 Porter, Lucas 12/16/21 0.6 570.00 $ 342.00 $ Prepare follow-up information for S. Rodriguez (Luma) to support insurancerelated activities under the Shared Services Agreement. Not in PR

2 Crisalli, Paul 12/16/21 1.1 875.00 $ 962.50 $ Participate on call with J. Keys (ACG), G. Gil (ACG), J. San Miguel (ACG) 

and L. Porter (ACG) regarding Federally Funded Permanent Work and NonFederally Funded Capital forecast for the January 2022 cash flow budget.

Not in PR

50 Gil, Gerard 12/16/21 0.8 500.00 $ 400.00 $ Review materials for the 12/17/21 bi-weekly mediation call and provide input 

to J. San Miguel (ACG).

PR

50 Keys, Jamie 12/16/21 0.6 330.00 $ 198.00 $ Prepare the weekly cash flow and liquidity related files for FOMB fiscal plan 

reporting purposes.

Not in PR

50 Gil, Gerard 12/16/21 1.2 500.00 $ 600.00 $ Review Luma motion submitted before PREB requesting fuel and purchased 

power charge adjustments in preparation for the 12/17/21 bi-weekly mediation 

call.

PR

3 Gil, Gerard 12/16/21 0.6 500.00 $ 300.00 $ Participate in discussion with J. San Miguel (ACG) regarding generation 

budget structure and projection outline to inform discussion points for meeting 

with PREPA management and Generation directorate.

PR

2 San Miguel, 

Jorge

12/16/21 1.1 620.00 $ 682.00 $ Participate on call with J. Keys (ACG), G. Gil (ACG), P. Crisalli (ACG) and L. 

Porter (ACG) regarding Federally Funded Permanent Work and Non-Federally 

Funded Capital forecast for the January 2022 cash flow budget.

PR

2 Porter, Lucas 12/16/21 0.5 570.00 $ 285.00 $ Participate on call with P. Crisalli (ACG) regarding Necessary Maintenance 

Spend and Payroll related budget-to-actual items to inform the January 2022 

cash flow budget.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 25 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 166 of 229
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 12/16/21 0.8 293.00 $ 234.40 $ Prepare analysis of counterparty risk ratings from Bloomberg for JP Morgan 

and UBS for subsequent event support and distribution to J. Ciancanelli (ACG) 

and PREPA.

Not in PR

50 San Miguel, 

Jorge

12/16/21 0.5 620.00 $ 310.00 $ Review updated agenda provided by J. Smith (ACG) with operational and 

transformation updates in preparation for the 12/17/21 bi-weekly mediation 

call.

PR

50 San Miguel, 

Jorge

12/16/21 0.3 620.00 $ 186.00 $ Review fleet status report provided by PREPA and circulated by J. Smith 

(ACG) to inform the 12/17/21 bi-weekly mediation call.

PR

3 Crisalli, Paul 12/16/21 0.6 875.00 $ 525.00 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 12/10/21.Not in PR

2 Crisalli, Paul 12/16/21 0.5 875.00 $ 437.50 $ Participate on call with L. Porter (ACG) regarding Necessary Maintenance 

Spend and Payroll-related budget-to-actual items to inform the January 2022 

cash flow budget.

Not in PR

3 San Miguel, 

Jorge

12/16/21 0.8 620.00 $ 496.00 $ Participate on call with L. Porter (ACG) and G. Gil (ACG) to prepare for 

meeting with N. Morales (PREPA) and PREPA management team regarding 

FY 2023 budget development.

PR

25 Parker, 

Christine

12/16/21 2.0 200.00 $ 400.00 $ Assemble time descriptions for the period 12/5/21 - 12/11/21 for inclusion in 

the Ankura December 2021 monthly fee statement.

Not in PR

2 Keys, Jamie 12/16/21 0.6 330.00 $ 198.00 $ Review the PREPA 1Q budget-to-actual and financials provided by G. Gil 

(ACG) for use in cash flow reporting.

Not in PR

50 Smith, James 12/16/21 0.2 750.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss revisions to meeting notes 

for the 12/17/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

12/16/21 1.0 620.00 $ 620.00 $ Review PREB filings of today by Luma regarding quarterly adjustments for 

fuel and performance metrics resolution and order in preparation for the 

12/17/21 bi-weekly mediation call.

PR

3 Porter, Lucas 12/16/21 0.8 570.00 $ 456.00 $ Participate on call with J. San Miguel (ACG) and G. Gil (ACG) to prepare for 

meeting with N. Morales (PREPA) and PREPA management team regarding 

FY 2023 budget development.

Not in PR

50 Crisalli, Paul 12/16/21 0.5 875.00 $ 437.50 $ Participate on call with J. San Miguel (ACG) regarding status update of 

PREPA cash flow, liquidity and matters related to the 12/17/21 bi-weekly 

mediation call.

Not in PR

50 Smith, James 12/16/21 0.9 750.00 $ 675.00 $ Prepare fleet status report for distribution to creditors for the 12/17/21 biweekly mediation call.Not in PR

3 Porter, Lucas 12/16/21 1.6 570.00 $ 912.00 $ Participate in meeting with N. Morales (PREPA), M. Zapata (PREPA), J. 

Adrover (PREPA), F. Correa (PREPA), R. Auli (PREPA), L. Matias 

(PREPA), J. San Miguel (ACG) and G. Gil (ACG) to discuss development of 

the FY 2023 budget.

Not in PR

3 Marino, 

Nicholas

12/16/21 1.6 495.00 $ 792.00 $ Revise PREPA proposed FY 2023 budget presentation for PREPA 

management per L. Porter (ACG) request.

Not in PR

50 San Miguel, 

Jorge

12/16/21 0.8 620.00 $ 496.00 $ Review regulatory material to inform response to creditor stakeholder RFI 

during the 12/17/21 bi-weekly mediation call.

PR

50 Smith, James 12/16/21 0.3 750.00 $ 225.00 $ Participate in discussion with J. San Miguel (ACG) regarding regulatory 

developments by PREB and Luma to inform discussion points for the 12/17/21 

bi-weekly mediation call.

Not in PR

50 Keys, Jamie 12/16/21 0.3 330.00 $ 99.00 $ Review the updated draft of the 12/17/21 bi-weekly mediation call agenda. Not in PR

3 Porter, Lucas 12/16/21 0.7 570.00 $ 399.00 $ Review necessary maintenance expense data provided by C. Cernuda (FW) to 

inform comments to FY 2022 budget variance reports.

Not in PR

50 Porter, Lucas 12/16/21 0.7 570.00 $ 399.00 $ Prepare responding comments for J. San Miguel (ACG) regarding PREB rate 

orders in preparation for the 12/17/21 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 12/16/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) to review materials for meeting with N. 

Morales (PREPA) and PREPA management team regarding FY 2023 budget 

development.

Not in PR

50 San Miguel, 

Jorge

12/16/21 0.4 620.00 $ 248.00 $ Correspond with J. Smith (ACG) with comments and edits to update report for 

the 12/17/21 bi-weekly mediation call.

PR

3 San Miguel, 

Jorge

12/16/21 0.6 620.00 $ 372.00 $ Participate in discussion with G. Gil (ACG) regarding generation budget 

structure and projection outline to inform discussion points for meeting with 

PREPA management and Generation directorate.

PR

3 Gil, Gerard 12/16/21 1.1 500.00 $ 550.00 $ Participate in working session with L. Porter (ACG) to prepare materials for 

meeting with N. Morales (PREPA) and PREPA management team regarding 

FY 2023 budget development.

PR

25 Crisalli, Paul 12/16/21 3.8 875.00 $ 3,325.00 $ Review Exhibits A, B and C to the Ankura November 2021 monthly fee 

statement.

Not in PR

6 Porter, Lucas 12/16/21 0.2 570.00 $ 114.00 $ Participate on call with S. Rodriguez (Luma) to discuss financial information 

needed for insurance-related activities under the Shared Services Agreement. 

Not in PR

2 Keys, Jamie 12/16/21 1.1 330.00 $ 363.00 $ Participate on call with P. Crisalli (ACG), G. Gil (ACG), J. San Miguel (ACG) 

and L. Porter (ACG) regarding Federally Funded Permanent Work and NonFederally Funded Capital forecast for the January 2022 cash flow budget.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 26 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 167 of 229
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 12/16/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) regarding the RFI from creditors 

in preparation for the 12/17/21 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

12/16/21 0.4 495.00 $ 198.00 $ Review PREPA proposed FY 2023 budget materials provided by L. Porter 

(ACG).

Not in PR

2 Keys, Jamie 12/16/21 0.5 330.00 $ 165.00 $ Review additional cash flow templates to PREPA and Luma circulated by P. 

Crisalli (ACG) for use in the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 12/16/21 0.6 875.00 $ 525.00 $ Revise and distribute the initial GenCo Necessary Maintenance Expense 

template for the January 2022 cash flow budget to PREPA management.

Not in PR

50 Porter, Lucas 12/16/21 0.9 570.00 $ 513.00 $ Review PREB rate orders to inform responses to J. San Miguel (ACG) in 

preparation for the 12/17/21 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

12/16/21 0.2 620.00 $ 124.00 $ Review the RFI received from creditor representatives regarding regulatory 

developments and federal funding matters.

PR

50 Porter, Lucas 12/16/21 0.4 570.00 $ 228.00 $ Review comments and requests from J. San Miguel (ACG) for the 12/17/21 biweekly mediation call.Not in PR

2 Crisalli, Paul 12/16/21 0.2 875.00 $ 175.00 $ Participate on call with AAFAF representatives regarding the fuel oil supplier 

payment history RFI.

Not in PR

51 Keys, Jamie 12/16/21 1.2 330.00 $ 396.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to the 

emergency vendor related RFRs.

Not in PR

50 San Miguel, 

Jorge

12/16/21 1.2 620.00 $ 744.00 $ Review operational and financial report to inform agenda items for the 

12/17/21 bi-weekly mediation call.

PR

2 Porter, Lucas 12/16/21 0.6 570.00 $ 342.00 $ Participate on call with J. Keys (ACG), G. Gil (ACG), J. San Miguel (ACG) 

and P. Crisalli (ACG) regarding Federally Funded Permanent Work and NonFederally Funded Capital forecast for the January 2022 cash flow budget 

(partial).

Not in PR

3 Gil, Gerard 12/16/21 0.4 500.00 $ 200.00 $ Participate in discussion with N. Morales (PREPA) and J. San Miguel (ACG) 

regarding the FY 2023 budget management meeting agenda.

PR

50 Porter, Lucas 12/16/21 0.2 570.00 $ 114.00 $ Participate on call with J. Smith (ACG) to discuss revisions to meeting notes 

for the 12/17/21 bi-weekly mediation call.

Not in PR

50 Smith, James 12/16/21 0.8 750.00 $ 600.00 $ Update draft outline for the 12/17/21 bi-weekly mediation call based on 

comments received from J. San Miguel (ACG).

Not in PR

3 Gil, Gerard 12/16/21 0.8 500.00 $ 400.00 $ Participate on call with J. San Miguel (ACG) and L. Porter (ACG) to prepare 

for meeting with N. Morales (PREPA) and PREPA management team 

regarding FY 2023 budget development.

PR

50 San Miguel, 

Jorge

12/16/21 0.4 620.00 $ 248.00 $ Prepare draft responses to creditor stakeholder RFI for discussion with P. 

Crisalli (ACG) for the 12/17/21 bi-weekly mediation call.

PR

3 Keys, Jamie 12/16/21 0.3 330.00 $ 99.00 $ Correspond with G. Olivera (OMM) regarding the status of the monthly 

accounts receivable reports for fiscal plan reporting purposes.

Not in PR

3 San Miguel, 

Jorge

12/16/21 1.6 620.00 $ 992.00 $ Participate in meeting with N. Morales (PREPA), M. Zapata (PREPA), J. 

Adrover (PREPA), F. Correa (PREPA), R. Auli (PREPA), L. Matias 

(PREPA), G. Gil (ACG) and L. Porter (ACG) to discuss development of the 

FY 2023 budget.

PR

2 Crisalli, Paul 12/16/21 0.2 875.00 $ 175.00 $ Correspond with Luma regarding the Insurance Account assumptions for the 

January 2022 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

12/16/21 0.4 620.00 $ 248.00 $ Participate in discussion with N. Morales (PREPA) and G. Gil (ACG) 

regarding the FY 2023 budget management meeting agenda.

PR

50 San Miguel, 

Jorge

12/16/21 0.5 620.00 $ 310.00 $ Participate on call with P. Crisalli (ACG) regarding status update of PREPA 

cash flow, liquidity and matters related to the 12/17/21 bi-weekly mediation 

call.

PR

50 San Miguel, 

Jorge

12/16/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) regarding the RFI from creditors in 

preparation for the 12/17/21 bi-weekly mediation call.

PR

3 Gil, Gerard 12/16/21 1.2 500.00 $ 600.00 $ Review and analyze the updated FY 2023 budget file sent by L. Matias 

(PREPA).

PR

50 Smith, James 12/16/21 0.5 750.00 $ 375.00 $ Update draft outline for the 12/17/21 bi-weekly mediation call based on 

material received from N. Marino (ACG) and other relevant news and 

regulatory information.

Not in PR

3 Porter, Lucas 12/17/21 0.7 570.00 $ 399.00 $ Review draft presentation materials from N. Marino (ACG) to fulfill request 

from N. Morales (PREPA) for FY 2023 budget development.

Not in PR

3 Porter, Lucas 12/17/21 0.2 570.00 $ 114.00 $ Review presentation outline from N. Morales (PREPA) for FY 2023 budget 

development.

Not in PR

50 San Miguel, 

Jorge

12/17/21 1.4 620.00 $ 868.00 $ Review financial, regulatory and federal funding reports in preparation for the 

bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

12/17/21 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) and J. Keys (ACG) regarding 

federal funding status for mega-gens located at Palo Seco in anticipation of the 

bi-weekly mediation call.

PR

3 Crisalli, Paul 12/17/21 0.6 875.00 $ 525.00 $ Participate on call with J. San Miguel (ACG), G. Gil (ACG), L. Porter (ACG) 

and various representatives from O'Melveny & Myers regarding various fiscal 

plan and Title III-related issues.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 27 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 168 of 229
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 12/17/21 0.2 500.00 $ 100.00 $ Review presentation outline provided by N. Morales (PREPA) for FY 2023 

budget development.

PR

3 Porter, Lucas 12/17/21 0.6 570.00 $ 342.00 $ Participate on call with J. San Miguel (ACG), G. Gil (ACG), P. Crisalli (ACG) 

and various representatives from O'Melveny & Myers regarding various fiscal 

plan and Title III-related issues.

Not in PR

50 Porter, Lucas 12/17/21 0.2 570.00 $ 114.00 $ Review comments from P. Crisalli (ACG) and J. Keys (ACG) related to 

funding matters for the 12/17/21 bi-weekly mediation call.

Not in PR

50 Gil, Gerard 12/17/21 0.5 500.00 $ 250.00 $ Review updated materials and provide final input in advance of the bi-weekly 

mediation call.

PR

3 Marino, 

Nicholas

12/17/21 0.7 495.00 $ 346.50 $ Participate in working session with J. Keys (ACG) to analyze general ledger 

and audited financial statement data received from L. Porter (ACG) related to 

the Annual Financial Information and Operating Data report to support FY 

2022 fiscal plan implementation.

Not in PR

3 Gil, Gerard 12/17/21 0.6 500.00 $ 300.00 $ Participate on call with J. San Miguel (ACG), L. Porter (ACG), P. Crisalli 

(ACG) and various representatives from O'Melveny & Myers regarding various 

fiscal plan and Title III-related issues.

PR

3 Marino, 

Nicholas

12/17/21 0.8 495.00 $ 396.00 $ Participate on call with L. Porter (ACG) to discuss presentation materials 

requested by N. Morales (PREPA) for FY 2023 budget development.

Not in PR

50 Smith, James 12/17/21 0.1 750.00 $ 75.00 $ Review open items to inform update to J. San Miguel (ACG) related to 

materials for the bi-weekly mediation call.

Not in PR

3 San Miguel, 

Jorge

12/17/21 0.6 620.00 $ 372.00 $ Participate on call with P. Crisalli (ACG), G. Gil (ACG), L. Porter (ACG) and 

various representatives from O'Melveny & Myers regarding various fiscal plan 

and Title III-related issues.

PR

3 Marino, 

Nicholas

12/17/21 0.6 495.00 $ 297.00 $ Update PREPA response to FOMB letter dated 12/6/21 related to postcertification reporting.Not in PR

50 Keys, Jamie 12/17/21 0.3 330.00 $ 99.00 $ Participate in discussion with P. Crisalli (ACG) and J. San Miguel (ACG) 

regarding federal funding status for mega-gens located at Palo Seco in 

anticipation of the bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

12/17/21 0.1 620.00 $ 62.00 $ Review RFI from FOMB counsel related to fuel pricing and overall energy 

costs to discuss with L. Porter (ACG) as a follow-up to the bi-weekly 

mediation call.

PR

50 Porter, Lucas 12/17/21 0.4 570.00 $ 228.00 $ Participate on the bi-weekly mediation call. Not in PR

3 Porter, Lucas 12/17/21 0.8 570.00 $ 456.00 $ Participate on call with N. Marino (ACG) to discuss presentation materials 

requested by N. Morales (PREPA) for FY 2023 budget development.

Not in PR

50 Smith, James 12/17/21 0.3 750.00 $ 225.00 $ Participate in discussion with J. San Miguel (ACG) regarding updates on 

operational and regulatory developments to inform the bi-weekly mediation 

call.

Not in PR

2 Keys, Jamie 12/17/21 0.2 330.00 $ 66.00 $ Participate on call with J. San Miguel (ACG) and S. Diaz (ARI) to discuss 

COR3 reimbursement update and cash flow projections to support emergency 

vendor settlements.

Not in PR

25 Crisalli, Paul 12/17/21 1.7 875.00 $ 1,487.50 $ Continue review of Exhibit C to the Ankura November 2021 monthly fee 

statement.

Not in PR

3 Keys, Jamie 12/17/21 0.7 330.00 $ 231.00 $ Participate in working session with N. Marino (ACG) to analyze general ledger 

and audited financial statement data received from L. Porter (ACG) related to 

the Annual Financial Information and Operating Data report to support FY 

2022 fiscal plan implementation.

Not in PR

50 San Miguel, 

Jorge

12/17/21 0.2 620.00 $ 124.00 $ Participate on call with L. Porter (ACG) to update meeting notes for the biweekly mediation call and discuss response to creditor stakeholder inquiry 

related to the fuel reconciliation process.

PR

50 San Miguel, 

Jorge

12/17/21 0.3 620.00 $ 186.00 $ Participate in discussion with J. Smith (ACG) regarding updates on operational 

and regulatory developments to inform the bi-weekly mediation call.

PR

25 Parker, 

Christine

12/17/21 0.3 200.00 $ 60.00 $ Update Exhibits A, B and C of the Ankura November 2021 monthly fee 

statement for additional information provided by Ankura team members.

Not in PR

50 Gil, Gerard 12/17/21 0.4 500.00 $ 200.00 $ Participate on the bi-weekly mediation call. PR

3 Porter, Lucas 12/17/21 0.5 570.00 $ 285.00 $ Participate on call with N. Morales (PREPA), L. Matias (PREPA), R. Auli 

(PREPA), G. Gil (ACG) and N. Marino (ACG) to discuss FY 2023 budget 

development. 

Not in PR

50 Porter, Lucas 12/17/21 0.3 570.00 $ 171.00 $ Review meeting notes in preparation for the 12/17/21 bi-weekly mediation call. Not in PR

3 Keys, Jamie 12/17/21 1.9 330.00 $ 627.00 $ Review general ledger and audited financial statement data received from L. 

Porter (ACG) related to disclosure statements to support FY 2022 fiscal plan 

implementation.

Not in PR

50 Marino, 

Nicholas

12/17/21 0.1 495.00 $ 49.50 $ Aggregate and edit creditor representative questions during the bi-weekly 

mediation call for distribution to the Ankura team.

Not in PR

2 Crisalli, Paul 12/17/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) to discuss emergency vendor 

settlement matters and cash flow projections in support thereof.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 28 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 169 of 229
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 12/17/21 0.2 570.00 $ 114.00 $ Prepare and send responding comments to N. Marino (ACG) regarding draft 

presentation materials for FY 2023 budget development.

Not in PR

2 San Miguel, 

Jorge

12/17/21 0.2 620.00 $ 124.00 $ Participate on call with J. Keys (ACG) and S. Diaz (ARI) to discuss COR3 

reimbursement update and cash flow projections to support emergency vendor 

settlements.

PR

25 Parker, 

Christine

12/17/21 1.5 200.00 $ 300.00 $ Review time descriptions to the Ankura December 2021 monthly fee statement 

for information currently assembled.

Not in PR

50 Porter, Lucas 12/17/21 0.2 570.00 $ 114.00 $ Participate on call with J. San Miguel (ACG) to update meeting notes for the biweekly mediation call and discuss response to creditor stakeholder inquiry 

related to the fuel reconciliation process.

Not in PR

50 Crisalli, Paul 12/17/21 0.4 875.00 $ 350.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Keys, Jamie 12/17/21 0.4 330.00 $ 132.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Crisalli, Paul 12/17/21 0.4 875.00 $ 350.00 $ Review materials and related notes in preparation for the bi-weekly mediation 

call.

Not in PR

3 Marino, 

Nicholas

12/17/21 0.5 495.00 $ 247.50 $ Participate on call with N. Morales (PREPA), L. Matias (PREPA), R. Auli 

(PREPA), L. Porter (ACG) and G. Gil (ACG) to discuss FY 2023 budget 

development. 

Not in PR

50 San Miguel, 

Jorge

12/17/21 1.0 620.00 $ 620.00 $ Review and edit final updates for the bi-weekly mediation call. PR

50 San Miguel, 

Jorge

12/17/21 0.1 620.00 $ 62.00 $ Correspond with N. Morales (PREPA) to confirm transfer of ARPA funds 

from emergency to operations account and inform the creditor stakeholder RFI.

PR

2 San Miguel, 

Jorge

12/17/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) to discuss emergency vendor 

settlement matters and cash flow projections in support thereof.

PR

2 Crisalli, Paul 12/17/21 1.1 875.00 $ 962.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

12/17/21.

Not in PR

50 Marino, 

Nicholas

12/17/21 0.4 495.00 $ 198.00 $ Participate on the bi-weekly mediation call. Not in PR

50 Smith, James 12/17/21 0.4 750.00 $ 300.00 $ Participate on the bi-weekly mediation call. Not in PR

3 Porter, Lucas 12/17/21 0.5 570.00 $ 285.00 $ Prepare and send request for analysis to J. Keys (ACG) and N. Marino (ACG) 

to support PREPA development of financial reports for FY 2022 fiscal plan 

implementation.

Not in PR

3 Gil, Gerard 12/17/21 0.5 500.00 $ 250.00 $ Participate on call with N. Morales (PREPA), L. Matias (PREPA), R. Auli 

(PREPA), L. Porter (ACG) and N. Marino (ACG) to discuss FY 2023 budget 

development. 

PR

50 San Miguel, 

Jorge

12/17/21 0.4 620.00 $ 248.00 $ Participate on the bi-weekly mediation call. PR

3 Marino, 

Nicholas

12/17/21 2.0 495.00 $ 990.00 $ Update the PREPA proposed FY 2023 budget presentation for PREPA 

management per L. Porter (ACG) request.

Not in PR

2 Crisalli, Paul 12/17/21 0.8 875.00 $ 700.00 $ Review Necessary Maintenance Spend supplier payment history supporting 

information provided by J. Roque (Luma) in support of the January 2022 cash 

flow budget.

Not in PR

50 Crisalli, Paul 12/17/21 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) and J. Keys (ACG) 

regarding federal funding status for mega-gens located at Palo Seco in 

anticipation of the bi-weekly mediation call.

Not in PR

50 Porter, Lucas 12/17/21 0.6 570.00 $ 342.00 $ Revise draft meeting notes received from J. Smith (ACG) in advance of the biweekly mediation call.Not in PR

2 San Miguel, 

Jorge

12/17/21 0.2 620.00 $ 124.00 $ Participate in discussion with PREPA Board of Directors representative 

regarding the cash flow projection for settlement of emergency vendor 

payments.

PR

2 Crisalli, Paul 12/18/21 0.7 875.00 $ 612.50 $ Develop the GenCo Federally Funded Permanent Work template for the 

January 2022 cash flow budget prior to distribution to the Ankura team for 

review.

Not in PR

2 Crisalli, Paul 12/18/21 0.3 875.00 $ 262.50 $ Update and distribute the Medical Benefit Costs template for the January 2022 

cash flow budget to PREPA.

Not in PR

3 Marino, 

Nicholas

12/19/21 0.7 495.00 $ 346.50 $ Revise the PREPA proposed FY 2023 budget presentation for PREPA 

management as requested by L. Porter (ACG).

Not in PR

3 Marino, 

Nicholas

12/19/21 0.9 495.00 $ 445.50 $ Update the PREPA proposed FY 2023 budget presentation for PREPA 

management per L. Porter (ACG) comments.

Not in PR

2 Crisalli, Paul 12/20/21 1.6 875.00 $ 1,400.00 $ 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 Crisalli, Paul 12/20/21 0.3 875.00 $ 262.50 $ Prepare for call with the Luma Customer Experience team regarding accounts 

receivable reporting.

Not in PR

3 San Miguel, 

Jorge

12/20/21 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

25 Keys, Jamie 12/20/21 0.4 330.00 $ 132.00 $ Participate on call with C. Parker (ACG) to discuss the final Ankura November 

2021 monthly fee statement.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 29 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 170 of 229
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

12/20/21 0.4 620.00 $ 248.00 $ Review PREPA management meeting agenda related to mega-gens, renewable 

procurement process status, federal funding and generation budget 

development for FY 2023.

PR

3 Gil, Gerard 12/20/21 0.3 500.00 $ 150.00 $ Participate on call with L. Matias (PREPA) in preparation for upcoming 

meeting with PREPA Executive Director regarding the FY 2023 budget and to 

review necessary maintenance expense YTD to inform potential FY 2022 

budget reallocation.

PR

3 San Miguel, 

Jorge

12/20/21 0.2 620.00 $ 124.00 $ Correspond with A. Rodriguez (PREPA) regarding PREPA Board of Directors 

approvals of corporate reorganization for operating units.

PR

2 Crisalli, Paul 12/20/21 0.7 875.00 $ 612.50 $ Review the AES and EcoElectrica-related invoice and supplier payment history 

supporting information provided by J. Roque (Luma) in support of the January 

2022 cash flow budget.

Not in PR

2 Crisalli, Paul 12/20/21 0.4 875.00 $ 350.00 $ Review the accounts payable aging report related to recent invoices paid for 

Renewables, Fleet & Storage, AES and EcoElectrica to inform the January 

2022 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

12/20/21 0.2 620.00 $ 124.00 $ Review fuel payment schedule provided by P. Crisalli (ACG) for new fuel 

vendor and coordination with PREPA and Luma.

PR

3 Gil, Gerard 12/20/21 1.1 500.00 $ 550.00 $ Participate in meeting with R. Zampierollo (PREPA) and C. Rodriguez 

(PREPA) to review and discuss FY 2022 budget for necessary maintenance for 

the generation plants and assess additional funding and budgetary needs.

PR

3 Gil, Gerard 12/20/21 0.7 500.00 $ 350.00 $ Review and provide comments to the draft letter response to the FOMB RFI 

related to FY 2022 fiscal plan initiatives.

PR

2 Keys, Jamie 12/20/21 0.8 330.00 $ 264.00 $ Review the weekly supporting cash flow documents circulated by J. Roque 

(Luma).

Not in PR

25 Parker, 

Christine

12/20/21 1.0 200.00 $ 200.00 $ Review final version of the Ankura November 2021 monthly fee statement 

prior to submitting to client, fee examiner and Prime Clerk.

Not in PR

3 Gil, Gerard 12/20/21 3.7 500.00 $ 1,850.00 $ Participate in working session with J. Colon (PREPA), N. Morales (PREPA), 

M. Zapata (PREPA), F. Correa (PREPA), M. Thys (PREPA), A. Vega 

(PREPA), F. Santos (PREPA), C. Rodriguez (PREPA), J. Lopez (PREPA), L. 

Matias (PREPA), J. Cotto (PREPA), S. Acevedo (PREPA) and J. Umpierre 

(PREPA) to discuss FY 2022 budget necessary maintenance, implementation 

of the renewable PPOAs fiscal plan initiative, federal funding, and other 

strategic matters.

PR

3 Gil, Gerard 12/20/21 0.4 500.00 $ 200.00 $ Review and provide comments to N. Marino (ACG) regarding the FY 2023 

proposed budget.

PR

3 Gil, Gerard 12/20/21 0.4 500.00 $ 200.00 $ Review and analyze the FY 2022 necessary maintenance expense file sent by 

L. Matias (PREPA) to inform potential FY 2022 budget reallocation and FY 

2023 budget development.

PR

3 Marino, 

Nicholas

12/20/21 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

3 Gil, Gerard 12/20/21 0.4 500.00 $ 200.00 $ Participate in discussion with J. San Miguel (ACG) regarding takeaways and 

next steps for FY 2023 generation budget development matters and 

amendment to FY 2022 Necessary Maintenance Expense requested by J. Colon 

(PREPA) during the executive management meeting.

PR

25 Crisalli, Paul 12/20/21 0.8 875.00 $ 700.00 $ Review the final version of the Ankura November 2021 monthly fee statement. Not in PR

3 San Miguel, 

Jorge

12/20/21 0.6 620.00 $ 372.00 $ Review the FOMB RFI related to post-certification tracker reports in 

preparation for meeting with R. Zampierollo (PREPA) and N. Marino (ACG) 

to discuss draft response.

PR

3 San Miguel, 

Jorge

12/20/21 0.6 620.00 $ 372.00 $ Review corporate reorganization resolutions from PREPA Board of Directors 

to inform the FOMB RFI related to reorganization initiative under fiscal plan.

PR

3 Marino, 

Nicholas

12/20/21 1.3 495.00 $ 643.50 $ Revise the PREPA proposed FY 2023 budget presentation for PREPA 

management per L. Porter (ACG) comments.

Not in PR

2 Keys, Jamie 12/20/21 2.0 330.00 $ 660.00 $ Prepare the weekly cash flow outputs for the week ended 12/17/21 for review 

by P. Crisalli (ACG).

Not in PR

3 Crisalli, Paul 12/20/21 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 (partial).

Not in PR

3 Keys, Jamie 12/20/21 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 12/20/21 0.3 500.00 $ 150.00 $ Participate on call with N. Morales (PREPA) in preparation for upcoming 

meeting with PREPA Executive Director regarding the FY 2023 budget.

PR

25 Keys, Jamie 12/20/21 1.3 330.00 $ 429.00 $ Review the final November 2021 fee statement provided by C. Parker (ACG). Not in PR

3 San Miguel, 

Jorge

12/20/21 0.4 620.00 $ 248.00 $ Participate in discussion with G. Gil (ACG) regarding takeaways and next 

steps for FY 2023 generation budget development matters and amendment to 

FY 2022 Necessary Maintenance Expense requested by J. Colon (PREPA) 

during the executive management meeting.

PR

Exhibit C

January 28, 2022 / #PR00054 30 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 171 of 229
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 12/20/21 0.5 875.00 $ 437.50 $ Review the weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

3 San Miguel, 

Jorge

12/20/21 0.2 620.00 $ 124.00 $ Review and consider RFI from L. Bauer (NR) related to financial disclosure 

for 2019 financial statements.

PR

3 Marino, 

Nicholas

12/20/21 0.5 495.00 $ 247.50 $ Participate on call with R. Zampierollo (PREPA) and J. San Miguel (ACG) to 

discuss draft response to the FOMB RFI related to fiscal plan post-certification 

tracker reports.

Not in PR

25 Parker, 

Christine

12/20/21 0.4 200.00 $ 80.00 $ Participate on call with J. Keys (ACG) to discuss the final Ankura November 

2021 monthly fee statement.

Not in PR

25 Parker, 

Christine

12/20/21 0.8 200.00 $ 160.00 $ Assemble final version of the Ankura November 2021 monthly fee statement 

for approval and sign-off by P. Crisalli (ACG).

Not in PR

3 San Miguel, 

Jorge

12/20/21 0.5 620.00 $ 310.00 $ Participate on call with R. Zampierollo (PREPA) and N. Marino (ACG) to 

discuss draft response to the FOMB RFI related to fiscal plan post-certification 

tracker reports.

PR

2 Crisalli, Paul 12/20/21 0.2 875.00 $ 175.00 $ Update dispatch model for the draft October and November 2021 AES and 

EcoElectrica invoice detail to inform the January 2022 cash flow budget.

Not in PR

51 San Miguel, 

Jorge

12/20/21 0.2 620.00 $ 124.00 $ Correspond with O. Chavez (PLLC) regarding funding matters under FEMA 

404 to inform PREPA management.

PR

3 Gil, Gerard 12/20/21 0.5 500.00 $ 250.00 $ Review and update materials on FY 2023 budget in preparation for upcoming 

meeting with PREPA Executive Director and management.

PR

2 Crisalli, Paul 12/20/21 1.0 875.00 $ 875.00 $ Participate on call with the Luma Customer Experience team regarding 

accounts receivable reporting.

Not in PR

3 San Miguel, 

Jorge

12/20/21 0.4 620.00 $ 248.00 $ Review generation budget framework in preparation for meeting with PREPA 

management.

PR

2 Crisalli, Paul 12/20/21 0.3 875.00 $ 262.50 $ Correspond with J. Roque (Luma) regarding designation of disbursements 

included in the daily cash report to inform PREPA's weekly cash flow 

reporting.

Not in PR

2 Crisalli, Paul 12/20/21 0.4 875.00 $ 350.00 $ Review additional Necessary Maintenance Expense data provided by J. Roque 

(Luma) to inform the January 2022 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

12/20/21 0.5 620.00 $ 310.00 $ Participate on call with N. Morales (PREPA) to discuss next steps for 

generation budget development resulting from PREPA management meeting.

PR

25 Keys, Jamie 12/20/21 0.3 330.00 $ 99.00 $ Correspond with C. Parker (ACG) regarding changes to the November 2021 

fee statement.

Not in PR

3 Gil, Gerard 12/20/21 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

3 Gil, Gerard 12/20/21 0.4 500.00 $ 200.00 $ Participate in meeting with N. Morales (PREPA), F. Correa (PREPA), L. 

Matias (PREPA), M. Zapata (PREPA) and C. Rodriguez (PREPA) to discuss 

FY 2022 - FY 2023 budget matters in preparation for meeting with the PREPA 

Executive Director.

PR

51 Keys, Jamie 12/20/21 0.6 330.00 $ 198.00 $ Review supporting emergency vendor related invoice and RFR information 

provided by S. Diaz (ARI).

Not in PR

2 San Miguel, 

Jorge

12/20/21 0.3 620.00 $ 186.00 $ Review revised invoice documentation related to emergency vendor accounts 

payables provided by N. Morales (PREPA) for use in the January 2022 cash 

flow budget.

PR

3 Gil, Gerard 12/21/21 3.4 500.00 $ 1,700.00 $ Work on FY 2023 budget materials and worksheets for the budget review 

session with the PREPA Executive Director.

PR

2 Crisalli, Paul 12/21/21 0.9 875.00 $ 787.50 $ Review the additional supplier history supporting documents provided by J. 

Roque (Luma) related to the weekly cash flow forecast.

Not in PR

3 Marino, 

Nicholas

12/21/21 0.9 495.00 $ 445.50 $ Participate in working session with L. Matias (PREPA) and G. Gil (ACG) 

regarding the PREPA FY 2022 - FY 2023 budget.

Not in PR

3 Gil, Gerard 12/21/21 0.2 500.00 $ 100.00 $ Correspond with L. Matias (PREPA) regarding FY 2022 and FY 2023 budget 

materials.

PR

3 Gil, Gerard 12/21/21 0.2 500.00 $ 100.00 $ Participate on call with N. Marino (ACG) regarding PREPA FY 2022 - FY 

2023 budget presentation edits related to the updated budget financials 

received from L. Matias (PREPA).

PR

2 Crisalli, Paul 12/21/21 0.4 875.00 $ 350.00 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

2 San Miguel, 

Jorge

12/21/21 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) to discuss master payment schedule 

updates and related vendor payment status to inform cash flow reporting and 

analysis.

PR

3 San Miguel, 

Jorge

12/21/21 1.0 620.00 $ 620.00 $ Review and comment on draft response to FOMB RFI related to postcertification reporting matters.PR

3 Marino, 

Nicholas

12/21/21 0.8 495.00 $ 396.00 $ Participate in working session with G. Gil (ACG) regarding the PREPA FY 

2022 - FY 2023 budget presentation revisions.

Not in PR

3 Gil, Gerard 12/21/21 0.4 500.00 $ 200.00 $ Review and analyze the updated FY 2023 budget support materials received 

from L. Matias (PREPA).

PR

3 San Miguel, 

Jorge

12/21/21 0.3 620.00 $ 186.00 $ Participate on call with G. Gil (ACG) to discuss generation budget matters 

requested by PREPA management.

PR

Exhibit C

January 28, 2022 / #PR00054 31 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 172 of 229
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 12/21/21 2.3 875.00 $ 2,012.50 $ Update the dispatch model for PROMOD assumptions and PPOA invoice and 

supplier payment history information to inform the fuel and purchased power 

forecast for the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 12/21/21 0.5 500.00 $ 250.00 $ Participate on call with L. Matias (PREPA) to review and discuss the updated 

FY 2023 budget analysis for the 12/22/21 meeting with the PREPA Executive 

Director.

PR

3 Marino, 

Nicholas

12/21/21 0.5 495.00 $ 247.50 $ Review the revised PREPA response letter regarding FOMB's 12/6/21 letter 

related to PREPA post-certification reporting.

Not in PR

3 Gil, Gerard 12/21/21 0.9 500.00 $ 450.00 $ Review and edit updated presentation for distribution to N. Morales (PREPA) 

and L. Matias (PREPA).

PR

2 Crisalli, Paul 12/21/21 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

3 Gil, Gerard 12/21/21 0.4 500.00 $ 200.00 $ Participate in discussion with R. Zampierollo (PREPA) regarding the response 

to the FOMB letter on FY 2022 fiscal plan implementation reporting, and FY 

2023 budget items.

PR

3 Marino, 

Nicholas

12/21/21 0.6 495.00 $ 297.00 $ Update the proposed FY 2023 budget presentation for PREPA management 

per G. Gil (ACG) comments regarding GenCo and HoldCo budget.

Not in PR

3 Gil, Gerard 12/21/21 0.9 500.00 $ 450.00 $ Participate in working session with L. Matias (PREPA) and N. Marino (ACG) 

regarding the PREPA FY 2022-2023 budget.

PR

3 Gil, Gerard 12/21/21 1.3 500.00 $ 650.00 $ Review and analyze budget file sent by L. Matias (PREPA) to inform 

development of materials for the upcoming FY 2023 budget meeting with the 

PREPA Executive Director.

PR

3 Gil, Gerard 12/21/21 0.3 500.00 $ 150.00 $ Participate on call with J. San Miguel (ACG) to discuss generation budget 

matters requested by PREPA management.

PR

2 San Miguel, 

Jorge

12/21/21 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding supporting 

documentation for emergency vendor payment review and approval process 

discussed with N. Morales (PREPA).

PR

51 San Miguel, 

Jorge

12/21/21 0.2 620.00 $ 124.00 $ Correspond with N. Morales (PREPA) regarding emergency vendor payment 

updates.

PR

3 Gil, Gerard 12/21/21 0.9 500.00 $ 450.00 $ Participate on call with L. Matias (PREPA) to discuss and review the draft FY 

2023 budget assumed GenCo labor and non-labor expenses.

PR

3 Marino, 

Nicholas

12/21/21 0.2 495.00 $ 99.00 $ Participate on call with G. Gil (ACG) regarding PREPA FY 2022 - FY 2023 

budget presentation edits related to the updated budget financials received 

from L. Matias (PREPA).

Not in PR

50 Keys, Jamie 12/21/21 1.1 330.00 $ 363.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

3 Marino, 

Nicholas

12/21/21 1.2 495.00 $ 594.00 $ Revise the proposed FY 2023 budget presentation for PREPA management per 

working session with G. Gil (ACG).

Not in PR

3 Marino, 

Nicholas

12/21/21 0.4 495.00 $ 198.00 $ Review the Renewable Generation & Storage RFP response per K. Futch 

(K&S) regarding the FOMB 12/6/21 letter related to PREPA post-certification 

reporting.

Not in PR

2 Crisalli, Paul 12/21/21 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding supporting 

documentation for emergency vendor payment review and approval process 

discussed with N. Morales (PREPA).

Not in PR

2 Crisalli, Paul 12/21/21 0.8 875.00 $ 700.00 $ Review the PROMOD fuel and purchased power forecast provided by R. 

Acosta (Luma) in support of the January 2022 cash flow budget.

Not in PR

50 Crisalli, Paul 12/21/21 0.6 875.00 $ 525.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

3 Keys, Jamie 12/21/21 1.8 330.00 $ 594.00 $ Review general ledger and audited financial statement data received from L. 

Porter (ACG) related to disclosure statements to support FY 2022 fiscal plan 

implementation.

Not in PR

3 Marino, 

Nicholas

12/21/21 0.5 495.00 $ 247.50 $ Revise the draft FY 2023 budget presentation for PREPA management per G. 

Gil (ACG) comments.

Not in PR

2 Crisalli, Paul 12/21/21 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) to discuss master payment 

schedule updates and related vendor payment status to inform cash flow 

reporting and analysis.

Not in PR

3 Gil, Gerard 12/21/21 0.3 500.00 $ 150.00 $ Participate on call with N. Morales (PREPA) to review the FY 2023 budget 

presentation in advance of meeting with the PREPA Executive Director.

PR

3 Gil, Gerard 12/21/21 0.3 500.00 $ 150.00 $ Participate on follow-up call with N. Marino (ACG) regarding the PREPA FY 

2022 - FY 2023 budget working session with L. Matias (PREPA).

PR

2 Keys, Jamie 12/21/21 0.4 330.00 $ 132.00 $ Revise the cash flow outputs for the week ended 12/17/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

2 Crisalli, Paul 12/21/21 0.4 875.00 $ 350.00 $ Update the weekly cash flow presentation materials for distribution to Luma 

and PREPA.

Not in PR

3 Gil, Gerard 12/21/21 0.8 500.00 $ 400.00 $ Participate in working session with N. Marino (ACG) regarding the PREPA 

FY 2022 - FY 2023 budget presentation revisions.

PR

50 Crisalli, Paul 12/21/21 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

Exhibit C

January 28, 2022 / #PR00054 32 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 173 of 229
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 Keys, Jamie 12/21/21 0.7 330.00 $ 231.00 $ Participate on telephone call with S. Diaz (ARI) regarding the status of 

emergency vendor invoice reconciliations.

Not in PR

3 Marino, 

Nicholas

12/21/21 0.8 495.00 $ 396.00 $ Revise PREPA response to FOMB letter dated 12/6/21 related to postcertification reporting following receival of comments from J. San Miguel 

(ACG) and K. Futch (K&S).

Not in PR

3 Marino, 

Nicholas

12/21/21 0.3 495.00 $ 148.50 $ Participate on follow-up call with G. Gil (ACG) regarding the PREPA FY 

2022 - FY 2023 budget working session with L. Matias (PREPA).

Not in PR

2 Crisalli, Paul 12/22/21 0.5 875.00 $ 437.50 $ Participate on call with M. DiConza (OMM) and representatives of AAFAF, 

DGCCPA and Brown Rudnick regarding fuel oil-related supplier payment 

history.

Not in PR

3 San Miguel, 

Jorge

12/22/21 2.8 620.00 $ 1,736.00 $ Participate in working session with R. Zampierollo (PREPA), N. Marino 

(ACG) and G. Gil (ACG) regarding current status and drafting of PREPA 

response to the FOMB 12/6/21 letter related to post-certification reporting.

PR

3 Porter, Lucas 12/22/21 0.2 570.00 $ 114.00 $ Review and revise the updated fleet status report provided by J. Smith (ACG) 

for 12/19/21 generation operating report submittal to FOMB required by FY 

2022 fiscal plan.

Not in PR

2 Crisalli, Paul 12/22/21 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 12/17/21. Not in PR

3 Gil, Gerard 12/22/21 0.3 500.00 $ 150.00 $ Participate on calls with L. Matias (PREPA) and N. Morales (PREPA) 

regarding materials for upcoming meeting on the FY 2023 proposed budget.

PR

50 Keys, Jamie 12/22/21 0.3 330.00 $ 99.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

3 Marino, 

Nicholas

12/22/21 0.7 495.00 $ 346.50 $ Finalize PREPA proposed FY 2023 budget presentation for PREPA 

management.

Not in PR

3 Marino, 

Nicholas

12/22/21 0.3 495.00 $ 148.50 $ Update PREPA FY 2022 - FY 2023 Budget presentation regarding Necessary 

Maintenance Expense detail prior to working session with PREPA 

management.

Not in PR

50 Keys, Jamie 12/22/21 0.2 330.00 $ 66.00 $ Correspond with N. Morales (PREPA) regarding updates to the weekly FEMA 

flash report.

Not in PR

3 Marino, 

Nicholas

12/22/21 0.3 495.00 $ 148.50 $ Participate on follow-up call with G. Gil (ACG) regarding the PREPA FY 

2022 - FY 2023 budget working session with N. Morales (PREPA) and L. 

Matias (PREPA).

Not in PR

50 Keys, Jamie 12/22/21 0.5 330.00 $ 165.00 $ Prepare the weekly cash flow and liquidity related reporting package for 

distribution.

Not in PR

25 Parker, 

Christine

12/22/21 1.7 200.00 $ 340.00 $ Update Exhibits A, B and C of the Ankura December 2021 monthly fee 

statement for information currently available.

Not in PR

3 Marino, 

Nicholas

12/22/21 2.8 495.00 $ 1,386.00 $ Participate in working session with R. Zampierollo (PREPA), J. San Miguel 

(ACG) and G. Gil (ACG) regarding current status and drafting of PREPA 

response to the FOMB 12/6/21 letter related to post-certification reporting.

Not in PR

3 Gil, Gerard 12/22/21 0.2 500.00 $ 100.00 $ Correspond with K. Bolanos (DV) and F. Santos (PREPA) regarding 

implementation for the FY 2022 fiscal plan Renewables initiative.

PR

2 Crisalli, Paul 12/22/21 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

3 San Miguel, 

Jorge

12/22/21 0.5 620.00 $ 310.00 $ Review and provide comments to draft bullets on the FY 2023 GenCo and 

HoldCo budget proposal for N. Morales (PREPA).

PR

3 Marino, 

Nicholas

12/22/21 0.9 495.00 $ 445.50 $ Revise PREPA response to FOMB letter dated 12/6/21 related to postcertification reporting following working session with R. Zampierollo 

(PREPA), J. San Miguel (ACG) and G. Gil (ACG).

Not in PR

3 Marino, 

Nicholas

12/22/21 0.4 495.00 $ 198.00 $ Update PREPA proposed FY 2022 - FY 2023 budget presentation for PREPA 

Management per follow-up working session with PREPA management.

Not in PR

3 Gil, Gerard 12/22/21 0.3 500.00 $ 150.00 $ Participate on follow-up call with N. Marino (ACG) regarding the PREPA FY 

2022 - FY 2023 budget working session with N. Morales (PREPA) and L. 

Matias (PREPA).

PR

3 Gil, Gerard 12/22/21 0.4 500.00 $ 200.00 $ Review and prepare edits to the updated draft of the response to the FOMB 

letter on FY 2022 fiscal plan implementation reporting received from King & 

Spalding.

PR

2 Crisalli, Paul 12/22/21 0.3 875.00 $ 262.50 $ Participate on follow-up call with M. DiConza (OMM) and representatives of 

AAFAF regarding additional RFI related to fuel oil-related supplier payment 

history.

Not in PR

3 Marino, 

Nicholas

12/22/21 0.3 495.00 $ 148.50 $ Revise PREPA response to FOMB letter dated 12/6/21 related to postcertification reporting following review of updated Renewable Generation & 

Storage RFP response per S. Martin (K&S).

Not in PR

50 Keys, Jamie 12/22/21 0.7 330.00 $ 231.00 $ Review the revised weekly project worksheet status report provided by S. Diaz 

(ARI) for use in the weekly FEMA flash report.

Not in PR

2 Crisalli, Paul 12/22/21 0.8 875.00 $ 700.00 $ Update the cash flow model renewable support schedule for September and 

November 2021 invoices and supplier payment history to inform the January 

2022 cash flow budget.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 33 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 174 of 229
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 12/22/21 1.7 330.00 $ 561.00 $ Review general ledger and audited financial statement data received from L. 

Porter (ACG) related to disclosure statements to support FY 2022 fiscal plan 

implementation.

Not in PR

3 Gil, Gerard 12/22/21 0.3 500.00 $ 150.00 $ Participate on call with N. Marino (ACG) regarding pension detail for the 

PREPA FY 2022 - FY 2023 budget.

PR

3 Marino, 

Nicholas

12/22/21 0.5 495.00 $ 247.50 $ Participate on call with N. Morales (PREPA), L. Matias (PREPA) and G. Gil 

(ACG) regarding the PREPA FY 2022 - FY 2023 budget presentation.

Not in PR

3 Marino, 

Nicholas

12/22/21 2.2 495.00 $ 1,089.00 $ Revise master working file of PREPA restated FY 2022 fiscal plan 

implementation reporting for December 2021 regarding updates for PREPAs 

response to FOMB letter dated 12/6/21 following working session with R. 

Zampierollo (PREPA), J. San Miguel (ACG) and G. Gil (ACG).

Not in PR

50 Keys, Jamie 12/22/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

3 Marino, 

Nicholas

12/22/21 0.7 495.00 $ 346.50 $ Update PREPA response to the FOMB letter dated 12/6/21 related to postcertification reporting following review and addition of comments per J. San 

Miguel (ACG).

Not in PR

3 Gil, Gerard 12/22/21 0.8 500.00 $ 400.00 $ Prepare draft notes requested by N. Morales (PREPA) regarding the FY 2023 

budget due diligence process and related findings for upcoming meeting with 

the PREPA Executive Director.

PR

3 Gil, Gerard 12/22/21 0.6 500.00 $ 300.00 $ Participate on follow-up call with N. Morales (PREPA), L. Matias (PREPA) 

and N. Marino (ACG) regarding the PREPA FY 2022 - FY 2023 budget 

presentation.

PR

3 Porter, Lucas 12/22/21 1.4 570.00 $ 798.00 $ Prepare the generation operational report for the week ending 12/19/21 based 

on data received from G. Soto (Luma) for FOMB as required by the PREPA 

FY 2022 fiscal plan.

Not in PR

2 Crisalli, Paul 12/22/21 1.1 875.00 $ 962.50 $ Analyze additional fuel oil-related supplier payment history data and update 

supporting analyses regarding the same.

Not in PR

3 Porter, Lucas 12/22/21 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 

12/19/21 required by the FY 2022 certified fiscal plan.

Not in PR

3 San Miguel, 

Jorge

12/22/21 1.3 620.00 $ 806.00 $ Review and edit individual post-certification trackers provided by N. Marino 

(ACG) in support of response to FOMB RFI related thereto.

PR

3 Marino, 

Nicholas

12/22/21 0.4 495.00 $ 198.00 $ Revise PREPA proposed FY 2022 - FY 2023 budget presentation for PREPA 

Management per working session with PREPA management.

Not in PR

3 San Miguel, 

Jorge

12/22/21 0.6 620.00 $ 372.00 $ Review the FOMB RFI on post-certification reporting to inform comments on 

draft response provided by N. Marino (ACG).

PR

3 Marino, 

Nicholas

12/22/21 0.3 495.00 $ 148.50 $ Participate on call with G. Gil (ACG) regarding pension detail for the PREPA 

FY 2022 - FY 2023 budget.

Not in PR

3 Gil, Gerard 12/22/21 0.6 500.00 $ 300.00 $ Review and analyze FY 2022 and FY 2023 pension employer contribution and 

prepare analysis for N. Morales (PREPA) with updated budget amounts for the 

FY 2023 budget.

PR

2 Crisalli, Paul 12/22/21 0.4 875.00 $ 350.00 $ Correspond with J. Roque (Luma) regarding additional RFI regarding fuel oilrelated supplier payment history.Not in PR

2 Crisalli, Paul 12/22/21 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 12/22/21 0.5 500.00 $ 250.00 $ Participate on call with N. Morales (PREPA), L. Matias (PREPA) and N. 

Marino (ACG) regarding the PREPA FY 2022 - FY 2023 budget presentation.

PR

3 Marino, 

Nicholas

12/22/21 0.6 495.00 $ 297.00 $ Participate on follow-up call with N. Morales (PREPA), L. Matias (PREPA) 

and G. Gil (ACG) regarding the PREPA FY 2022 - FY 2023 budget 

presentation.

Not in PR

2 Crisalli, Paul 12/22/21 0.7 875.00 $ 612.50 $ Update the January 2022 cash flow budget work plan and RFI tracker for 

current GenCo and HoldCo-related correspondence and information.

Not in PR

2 Crisalli, Paul 12/22/21 0.7 875.00 $ 612.50 $ Review the September and November 2021 Renewable-related invoice and 

supplier payment history supporting information provided by J. Roque (Luma) 

in support of the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 12/22/21 0.9 875.00 $ 787.50 $ Update the January 2022 cash flow budget work plan and RFI tracker for 

current GridCo-related correspondence and information.

Not in PR

3 Gil, Gerard 12/22/21 0.6 500.00 $ 300.00 $ Review and analyze the FY 2023 proposed necessary maintenance expense 

budget.

PR

50 Keys, Jamie 12/22/21 1.0 330.00 $ 330.00 $ Prepare the weekly FEMA flash report for the week ended 12/17/21 for review 

by P. Crisalli (ACG).

Not in PR

3 Gil, Gerard 12/22/21 2.8 500.00 $ 1,400.00 $ Participate in working session with R. Zampierollo (PREPA), N. Marino 

(ACG) and J. San Miguel (ACG) regarding current status and drafting of 

PREPA response to the FOMB 12/6/21 letter related to post-certification 

reporting.

PR

3 Gil, Gerard 12/22/21 0.9 500.00 $ 450.00 $ Conduct final review of the FY 2023 budget materials for meeting with the 

PREPA Executive Director.

PR

Exhibit C

January 28, 2022 / #PR00054 34 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 175 of 229
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

12/22/21 0.8 620.00 $ 496.00 $ Review and comment on updated draft letter to the FOMB addressing RFI 

related to post-certification reporting matters.

PR

50 Keys, Jamie 12/22/21 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

3 Gil, Gerard 12/23/21 0.4 500.00 $ 200.00 $ Participate on call with J. San Miguel (PREPA) to discuss next steps on draft 

PREPA response to the FOMB 12/6/21 letter related to post-certification 

reporting.

PR

3 San Miguel, 

Jorge

12/23/21 1.3 620.00 $ 806.00 $ Review and prepare comments to draft December post-certification reporting 

slides in support of PREPA's response to FOMB RFI on fiscal plan reporting 

matters.

PR

3 Gil, Gerard 12/23/21 1.1 500.00 $ 550.00 $ Participate in working session with R. Zampierollo (PREPA), J. San Miguel 

(ACG) and N. Marino (ACG) to review and finalize the draft response to the 

FOMB RFI related to post-certification reporting matters.

PR

3 Marino, 

Nicholas

12/23/21 0.6 495.00 $ 297.00 $ Participate on call with J. Keys (ACG) regarding review status of general 

ledger and audited financial statement received from L. Porter (ACG) related 

to the Annual Financial Information and Operating Data Report to support FY 

2022 fiscal plan implementation.

Not in PR

3 Gil, Gerard 12/23/21 0.9 500.00 $ 450.00 $ Review and provide edits to draft PREPA response to FOMB 12/6/21 letter 

related to post-certification reporting.

PR

3 Gil, Gerard 12/23/21 0.1 500.00 $ 50.00 $ Participate on call with K. Bolanos (DV) regarding PREPA response to the 

FOMB 12/6/21 letter related to post-certification reporting.

PR

3 Gil, Gerard 12/23/21 0.2 500.00 $ 100.00 $ Correspond with K. Futch (K&S) regarding PREPA response to the FOMB 

12/6/21 letter related to post-certification reporting.

PR

3 San Miguel, 

Jorge

12/23/21 1.3 620.00 $ 806.00 $ Participate in working session with R. Zampierollo (PREPA) and N. Marino 

(ACG) to review and revise the final response to the FOMB RFI related to postcertification reporting.

PR

3 Marino, 

Nicholas

12/23/21 1.0 495.00 $ 495.00 $ Review 2017 general ledger and audited financial statement data received from 

L. Porter (ACG) regarding the Annual Financial Information and Operating 

Data Report to support FY 2022 fiscal plan implementation.

Not in PR

3 Marino, 

Nicholas

12/23/21 0.5 495.00 $ 247.50 $ Revise PREPA response to the FOMB letter dated 12/6/21 related to postcertification reporting following working session with R. Zampierollo 

(PREPA), J. San Miguel (ACG) and G. Gil (ACG).

Not in PR

3 San Miguel, 

Jorge

12/23/21 1.1 620.00 $ 682.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) 

and N. Marino (ACG) to review and finalize the draft response to the FOMB 

RFI related to post-certification reporting matters.

PR

25 Parker, 

Christine

12/23/21 2.6 200.00 $ 520.00 $ Review time descriptions to the Ankura December 2021 monthly fee statement 

for information currently assembled.

Not in PR

3 Gil, Gerard 12/23/21 0.3 500.00 $ 150.00 $ Participate in discussion with J. San Miguel (ACG) regarding the generation 

budget update based on the 12/22/21 executive management meeting.

PR

50 Keys, Jamie 12/23/21 0.6 330.00 $ 198.00 $ Prepare the weekly cash flow and liquidity related files for FOMB fiscal plan 

reporting purposes.

Not in PR

3 Keys, Jamie 12/23/21 1.4 330.00 $ 462.00 $ Review general ledger and audited financial statement data received from L. 

Porter (ACG) related to disclosure statements to support FY 2022 fiscal plan 

implementation.

Not in PR

3 Keys, Jamie 12/23/21 1.0 330.00 $ 330.00 $ Review additional general ledger data provided by L. Porter (ACG) for use in 

reconciliation to audited financial statements.

Not in PR

3 San Miguel, 

Jorge

12/23/21 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) to discuss post-certification 

reporting on financial matters.

PR

3 Marino, 

Nicholas

12/23/21 0.3 495.00 $ 148.50 $ Revise master working file of PREPA restated FY 2022 fiscal plan 

implementation reporting for December 2021 regarding updates for PREPAs 

response to FOMB letter dated 12/6/21 following working session with R. 

Zampierollo (PREPA), J. San Miguel (ACG) and G. Gil (ACG).

Not in PR

3 Marino, 

Nicholas

12/23/21 0.7 495.00 $ 346.50 $ Update PREPA restated FY 2022 fiscal plan implementation reporting for 

December 2021 presentation related to PREPA's response to FOMB letter 

dated 12/6/21 following working session with R. Zampierollo (PREPA) and J. 

San Miguel (ACG).

Not in PR

3 Marino, 

Nicholas

12/23/21 1.3 495.00 $ 643.50 $ Participate in working session with R. Zampierollo (PREPA) and J. San 

Miguel (ACG) to review and revise the final response to the FOMB RFI related 

to post-certification reporting.

Not in PR

3 San Miguel, 

Jorge

12/23/21 0.7 620.00 $ 434.00 $ Review and comment revised draft response to FOMB RFI regarding post 

certification reporting for discussion with R. Zampierollo (ACG), G. Gil 

(ACG) and N. Marino (ACG).

PR

3 San Miguel, 

Jorge

12/23/21 2.1 620.00 $ 1,302.00 $ Participate in working session with N. Marino (ACG) regarding PREPA's 

Restated FY 2022 fiscal plan implementation reporting for December 2021 

related to PREPA's response to the FOMB letter dated 12/6/21.

PR

3 San Miguel, 

Jorge

12/23/21 0.4 620.00 $ 248.00 $ Review comments from King & Spalding and Diaz & Vazquez to draft 

PREPA response to the FOMB RFI related to post-certification reporting 

matters.

PR

Exhibit C

January 28, 2022 / #PR00054 35 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 176 of 229
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

12/23/21 0.2 495.00 $ 99.00 $ Update PREPA response to the FOMB letter dated 12/6/21 related to postcertification reporting following review and addition of comments per J. San 

Miguel (ACG).

Not in PR

3 Gil, Gerard 12/23/21 0.3 500.00 $ 150.00 $ Participate on call with R. Zampierollo (PREPA) to discuss next steps on draft 

PREPA response to FOMB 12/6/21 letter related to post-certification 

reporting.

PR

3 San Miguel, 

Jorge

12/23/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Gil (ACG) regarding the generation budget 

update based on the 12/22/21 executive management meeting.

PR

3 Marino, 

Nicholas

12/23/21 1.1 495.00 $ 544.50 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) 

and J. San Miguel (ACG) to review and finalize the draft response to the 

FOMB RFI related to post-certification reporting matters.

Not in PR

3 Marino, 

Nicholas

12/23/21 2.1 495.00 $ 1,039.50 $ Participate in working session with J. San Miguel (ACG) regarding PREPA's 

Restated FY 2022 fiscal plan implementation reporting for December 2021 

related to PREPA's response to the FOMB letter dated 12/6/21.

Not in PR

2 Keys, Jamie 12/23/21 0.4 330.00 $ 132.00 $ Review estimated Renewables invoices provided by J. Roque (Luma) for use in 

the January 2022 cash flow budget.

Not in PR

3 Keys, Jamie 12/23/21 0.6 330.00 $ 198.00 $ Participate on call with N. Marino (ACG) regarding review status of general 

ledger and audited financial statements received from L. Porter (ACG) related 

to the Annual Financial Information and Operating Data Report to support FY 

2022 fiscal plan implementation.

Not in PR

3 Marino, 

Nicholas

12/23/21 0.2 495.00 $ 99.00 $ Revise PREPA response to FOMB letter dated 12/6/21 related to postcertification reporting following updated Renewable Generation & Storage 

RFP comments per K. Futch (K&S).

Not in PR

3 San Miguel, 

Jorge

12/23/21 0.4 620.00 $ 248.00 $ Participate on call with G. Gil (PREPA) to discuss next steps on draft PREPA 

response to the FOMB 12/6/21 letter related to post-certification reporting.

PR

3 Marino, 

Nicholas

12/23/21 0.3 495.00 $ 148.50 $ Update PREPA response to the FOMB letter dated 12/6/21 related to postcertification reporting following review and addition of comments per J. Bowe 

(DV).

Not in PR

3 Gil, Gerard 12/27/21 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 Crisalli, Paul 12/27/21 0.3 875.00 $ 262.50 $ Correspond with PREPA and representatives of AAFAF regarding service 

orders, contracts and supplier payment history related to certain fuel oil 

vendors.

Not in PR

3 San Miguel, 

Jorge

12/27/21 0.2 620.00 $ 124.00 $ Participate in discussion with N. Morales (PREPA) regarding status of FY 

2022 Necessary Maintenance Expense budget amendment initiative and 

pending information from PREPA.

PR

3 San Miguel, 

Jorge

12/27/21 0.1 620.00 $ 62.00 $ Review FY 2022 Necessary Maintenance Expense amendment spreadsheet 

provided by N. Morales (PREPA) in support of Necessary Maintenance 

Expense amendment initiative requested by J. Colon (PREPA).

PR

3 San Miguel, 

Jorge

12/27/21 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 (partial).

PR

2 Crisalli, Paul 12/27/21 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding pending 

information from PREPA related to the RFI related to fuel oil supplier 

payments and related contracts.

Not in PR

25 Crisalli, Paul 12/27/21 1.1 875.00 $ 962.50 $ Participate on call with J. Keys (ACG) regarding summary table and draft 

exhibits to Ankura's thirteenth interim fee application.

Not in PR

3 Crisalli, Paul 12/27/21 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 (partial).

Not in PR

2 Crisalli, Paul 12/27/21 0.9 875.00 $ 787.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

12/24/21.

Not in PR

25 Keys, Jamie 12/27/21 1.1 330.00 $ 363.00 $ Participate on call with P. Crisalli (ACG) regarding summary table and draft 

exhibits to Ankura's thirteenth interim fee application.

Not in PR

3 Gil, Gerard 12/27/21 0.6 500.00 $ 300.00 $ Analyze the FY 2022 budget for necessary maintenance expense to inform 

development of the FY 2023 budget.

PR

3 Crisalli, Paul 12/27/21 0.5 875.00 $ 437.50 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 12/17/21.Not in PR

25 Keys, Jamie 12/27/21 0.6 330.00 $ 198.00 $ Review G. Gil (ACG) suggested changes to the thirteenth interim fee 

application.

Not in PR

51 Keys, Jamie 12/27/21 0.5 330.00 $ 165.00 $ Review the latest emergency vendor invoice summary information provided by 

P. Crisalli (ACG) for review by N. Morales (PREPA).

Not in PR

3 Porter, Lucas 12/27/21 1.7 570.00 $ 969.00 $ Analyze proposed FY 2023 budget data files prepared by C. Rodriguez 

(PREPA) for FY 2023 fiscal plan and budget development process.

Not in PR

51 Crisalli, Paul 12/27/21 0.4 875.00 $ 350.00 $ Review analysis from J. Rosado (ARI) related to emergency vendor FEMA 

proceeds and develop related correspondence to PREPA Finance.

Not in PR

2 Crisalli, Paul 12/27/21 0.3 875.00 $ 262.50 $ Review the October 2021 Renewables-related invoice and supplier payment 

history supporting information provided by J. Roque (Luma) in support of the 

January 2022 cash flow budget.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 36 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 177 of 229
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 12/27/21 1.3 330.00 $ 429.00 $ Review the thirteenth interim summary table and draft exhibits to Ankura's 

thirteenth interim fee application.

Not in PR

2 Crisalli, Paul 12/27/21 0.4 875.00 $ 350.00 $ Update the cash flow model Renewables support schedule for October 2021 

invoices and supplier payment history to inform the January 2022 cash flow 

budget.

Not in PR

3 San Miguel, 

Jorge

12/27/21 0.5 620.00 $ 310.00 $ Review FOMB motion to Title III court informing of Plan of Adjustment and 

RSA status for PREPA to inform updates to N. Morales (PREPA).

PR

3 Gil, Gerard 12/27/21 0.4 500.00 $ 200.00 $ Review and update fiscal plan and budget workstreams tracker in preparation 

for upcoming Ankura working session.

PR

3 Porter, Lucas 12/27/21 0.3 570.00 $ 171.00 $ Prepare follow-up information request for E. Ortiz (PREPA) and C. Cernuda 

(FW) regarding FY 2022 financial information to inform fiscal plan reporting.

Not in PR

3 Porter, Lucas 12/27/21 0.9 570.00 $ 513.00 $ Prepare comments on findings from analysis of FY 2023 budget data files for 

G. Gil (ACG) and J. San Miguel (ACG) to inform discussions with N. Morales 

(PREPA).

Not in PR

51 San Miguel, 

Jorge

12/27/21 0.2 620.00 $ 124.00 $ Review update from DFMO regarding validation of outstanding invoices for 

emergency vendor payments.

PR

2 San Miguel, 

Jorge

12/27/21 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding pending information 

from PREPA related to the RFI related to fuel oil supplier payments and 

related contracts.

PR

3 Porter, Lucas 12/27/21 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 Keys, Jamie 12/27/21 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

2 Crisalli, Paul 12/28/21 0.5 875.00 $ 437.50 $ Prepare and send the January 2022 cash flow budget status update to Luma 

team regarding GridCo-related items.

Not in PR

2 Crisalli, Paul 12/28/21 0.3 875.00 $ 262.50 $ Correspond with J. Roque (Luma) regarding designation of disbursements 

included in the daily cash report to inform PREPA's weekly cash flow 

reporting.

Not in PR

3 Porter, Lucas 12/28/21 0.7 570.00 $ 399.00 $ Prepare information request with supporting data for C. Rodriguez (PREPA) 

and L. Matias (PREPA) regarding FY 2022 - FY 2023 budget development 

and revisions.

Not in PR

2 Crisalli, Paul 12/28/21 0.8 875.00 $ 700.00 $ Update the January 2022 cash flow budget work plan and RFI tracker for 

current correspondence and information and send related follow-up emails to 

Luma and PREPA.

Not in PR

3 San Miguel, 

Jorge

12/28/21 0.1 620.00 $ 62.00 $ Review memo from L. Porter (ACG) requesting updated budgeting 

information for FY 2022 Necessary Maintenance Expense from Fusionworks.

PR

2 Crisalli, Paul 12/28/21 0.7 875.00 $ 612.50 $ Review the weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

3 San Miguel, 

Jorge

12/28/21 0.4 620.00 $ 248.00 $ Review and analyze updated FY 2022 Necessary Maintenance Expense 

analysis to support budget amendment requested by J. Colon (PREPA).

PR

3 Porter, Lucas 12/28/21 0.2 570.00 $ 114.00 $ Participate on call with J. San Miguel (ACG) to follow up on deliverables 

pending from C. E. Rodriguez (PREPA) and L. Matias (PREPA) in support of 

the necessary maintenance expense budget amendment requested by N. 

Morales (PREPA) and J. Colon (PREPA).

Not in PR

2 Crisalli, Paul 12/28/21 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

12/28/21 0.2 620.00 $ 124.00 $ Participate on call with L. Porter (ACG) to follow up on deliverables pending 

from C. E. Rodriguez (PREPA) and L. Matias (PREPA) in support of the 

necessary maintenance expense budget amendment requested by N. Morales 

(PREPA) and J. Colon (PREPA).

PR

2 Crisalli, Paul 12/28/21 0.6 875.00 $ 525.00 $ Prepare and send the January 2022 cash flow budget status update to PREPA 

team regarding GenCo and HoldCo-related items.

Not in PR

2 Crisalli, Paul 12/28/21 2.1 875.00 $ 1,837.50 $ Review the billed revenue forecast provided by J. Estrada (Luma) and related 

supporting documents to inform the January 2022 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

12/28/21 0.4 620.00 $ 248.00 $ Provide P. Crisalli (ACG) comments on pending cash flow budget related 

deliverables from Luma and PREPA.

PR

2 Crisalli, Paul 12/28/21 0.6 875.00 $ 525.00 $ Review various PUMA exposure reports from October through December 

2021 month-to-date provided by V. Rivera (Luma) to inform the January 2022 

cash flow budget.

Not in PR

2 Keys, Jamie 12/28/21 0.4 330.00 $ 132.00 $ Revise the weekly cash flow outputs for the week ended 12/24/21 per 

comments provided by P. Crisalli (ACG).

Not in PR

2 Porter, Lucas 12/28/21 0.5 570.00 $ 285.00 $ Review estimated revenues and load forecast provided by P. Crisalli (ACG) 

and prepared by J. Estrada (PREPA) for the January 2022 cash flow budget.

Not in PR

2 Keys, Jamie 12/28/21 2.1 330.00 $ 693.00 $ Prepare the weekly cash flow outputs for the week ended 12/24/21 for review 

by P. Crisalli (ACG).

Not in PR

2 Porter, Lucas 12/29/21 1.4 570.00 $ 798.00 $ Participate on call with J. Estrada (Luma) and P. Crisalli (ACG) regarding 

billed revenue and load forecast for the January 2022 cash flow budget.

Not in PR

Exhibit C

January 28, 2022 / #PR00054 37 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 178 of 229
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 12/29/21 0.4 875.00 $ 350.00 $ Prepare and send the January 2022 cash flow budget status update to PREPA 

team regarding GenCo and HoldCo-related items.

Not in PR

2 San Miguel, 

Jorge

12/29/21 0.4 620.00 $ 248.00 $ Review and provide comments to outline to complete pending cash flow 

budget update for January 2022 provided by P. Crisalli (ACG).

PR

50 Keys, Jamie 12/29/21 1.1 330.00 $ 363.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

3 Porter, Lucas 12/29/21 0.5 570.00 $ 285.00 $ Review updated daily generation reports from G. Soto (Luma) for development 

of the generation operational report for the week ending 12/26/21 required by 

the FY 2022 certified fiscal plan.

Not in PR

2 Crisalli, Paul 12/29/21 0.5 875.00 $ 437.50 $ Update the January 2022 cash flow budget work plan and RFI tracker for 

current correspondence and revised templates.

Not in PR

2 Crisalli, Paul 12/29/21 1.4 875.00 $ 1,225.00 $ Participate on call with J. Estrada (Luma) and L. Porter (ACG) regarding 

billed revenue and load forecast for the January 2022 cash flow budget.

Not in PR

50 Crisalli, Paul 12/29/21 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 12/29/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding changes to the weekly FEMA 

flash report.

Not in PR

2 San Miguel, 

Jorge

12/29/21 0.9 620.00 $ 558.00 $ Participate on call with P. Crisalli (ACG) regarding status update and next 

steps related to the January 2022 cash flow budget work plan and open 

requests for information.

PR

2 Crisalli, Paul 12/29/21 0.4 875.00 $ 350.00 $ 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

2 Crisalli, Paul 12/29/21 0.9 875.00 $ 787.50 $ Participate on call with J. San Miguel (ACG) regarding status update and next 

steps related to the January 2022 cash flow budget work plan and open 

requests for information.

Not in PR

50 Keys, Jamie 12/29/21 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

50 Smith, James 12/29/21 0.9 750.00 $ 675.00 $ Review recent PREB docket activity related to Luma and PREPA in support of 

the creditor reporting workstream.

Not in PR

2 Crisalli, Paul 12/29/21 0.5 875.00 $ 437.50 $ Review the revised billed revenue forecast provided by J. Estrada (Luma) and 

related supporting documents to inform the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 12/29/21 1.3 570.00 $ 741.00 $ Prepare generation operational report for the week ending 12/26/21 based on 

data from G. Soto (Luma) for FOMB as required by the PREPA FY 2022 

fiscal plan.

Not in PR

3 Porter, Lucas 12/29/21 0.6 570.00 $ 342.00 $ Participate on call with G. Soto (PREPA) and J. Smith (ACG) to discuss 

generation system status updates to inform FY 2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 12/29/21 0.3 875.00 $ 262.50 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

3 Gil, Gerard 12/29/21 0.8 500.00 $ 400.00 $ Review request from N. Morales (PREPA) regarding materials requested by 

the PREPA Executive Director on pensions, necessary maintenance expense 

and Title III-related matters.

PR

2 Keys, Jamie 12/29/21 0.3 330.00 $ 99.00 $ Revise the weekly cash flow outputs for the week ended 12/24/21 per 

comments provided by J. Roque (Luma).

Not in PR

50 Keys, Jamie 12/29/21 0.3 330.00 $ 99.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

50 Keys, Jamie 12/29/21 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

2 Crisalli, Paul 12/29/21 0.6 875.00 $ 525.00 $ Update the weekly cash flow presentation materials for distribution to Luma 

and PREPA.

Not in PR

50 San Miguel, 

Jorge

12/29/21 1.1 620.00 $ 682.00 $ Review developments on Costa Sur operations, federal funding developments 

from Fortaleza, regulatory developments and emergency period extension to 

inform analysis supporting the creditor reporting workstream.

PR

50 Keys, Jamie 12/29/21 0.5 330.00 $ 165.00 $ Prepare the weekly cash flow and liquidity related reporting package for 

distribution.

Not in PR

2 Crisalli, Paul 12/29/21 0.2 875.00 $ 175.00 $ Develop correspondence to PREPA regarding GenCo and HoldCo Federally 

Funded Capital template for the January 2022 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

12/29/21 1.8 620.00 $ 1,116.00 $ Review fiscal plan financial initiatives updates to inform report requested by 

N. Morales (PREPA) for year-end status update from Finance department on 

fiscal plan matters.

PR

50 Smith, James 12/29/21 0.5 750.00 $ 375.00 $ Prepare the weekly fleet status report in support of the creditor reporting 

workstream.

Not in PR

50 Keys, Jamie 12/29/21 0.8 330.00 $ 264.00 $ Prepare the weekly FEMA flash report for the week ended 12/24/21 for review 

by P. Crisalli (ACG).

Not in PR

3 Gil, Gerard 12/29/21 0.3 500.00 $ 150.00 $ Participate in discussion with J. San Miguel (ACG) regarding request from N. 

Morales (PREPA) related to the Finance Directorate end of year report on 

fiscal plan matters.

PR

Exhibit C

January 28, 2022 / #PR00054 38 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 179 of 229
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

12/29/21 0.3 620.00 $ 186.00 $ Participate in discussion with G. Gil (ACG) regarding request from N. Morales 

(PREPA) related to the Finance Directorate end of year report on fiscal plan 

matters.

PR

3 Porter, Lucas 12/29/21 0.2 570.00 $ 114.00 $ Review and revise updated fleet status report provided by J. Smith (ACG) for 

12/26/21 generation operating report submittal to FOMB required by FY 2022 

fiscal plan.

Not in PR

2 Crisalli, Paul 12/29/21 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 12/29/21 0.3 875.00 $ 262.50 $ Prepare for call with Luma regarding billed revenue and load forecast for the 

January 2022 cash flow budget.

Not in PR

50 Crisalli, Paul 12/29/21 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

3 Smith, James 12/29/21 0.6 750.00 $ 450.00 $ Participate on call with G. Soto (PREPA) and L. Porter (ACG) to discuss 

generation system status updates to inform FY 2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 12/29/21 0.3 875.00 $ 262.50 $ Finalize the cash flow reporting for week ended 12/24/21. Not in PR

3 San Miguel, 

Jorge

12/30/21 1.0 620.00 $ 620.00 $ Review Title III case status and financial statement audit records in support of 

preparing presentation requested by N. Morales (PREPA).

PR

3 San Miguel, 

Jorge

12/30/21 0.3 620.00 $ 186.00 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) regarding the 

development of presentation materials related to the FY 2022 budget and fiscal 

plan.

PR

3 Porter, Lucas 12/30/21 0.4 570.00 $ 228.00 $ Review draft presentation materials from G. Gil (ACG) for N. Morales 

(PREPA) related to the FY 2022 budget and fiscal plan.

Not in PR

3 Porter, Lucas 12/30/21 0.4 570.00 $ 228.00 $ Incorporate revised narrative with exhibits from J. San Miguel (ACG) into 

presentation materials for N. Morales (PREPA) and J. Colon (PREPA) related 

to the FY 2022 budget and fiscal plan.

Not in PR

3 Gil, Gerard 12/30/21 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) regarding 

the development of presentation materials related to the FY 2022 budget and 

fiscal plan.

PR

3 Porter, Lucas 12/30/21 1.1 570.00 $ 627.00 $ Participate in working session with G. Gil (ACG) to review and update 

presentation materials for N. Morales (PREPA) and J. Colon (PREPA) related 

to the FY 2022 budget and fiscal plan.

Not in PR

2 Crisalli, Paul 12/30/21 1.1 875.00 $ 962.50 $ Develop analysis comparing PROMOD consumption and master payment 

schedule deliveries to inform the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 12/30/21 0.3 500.00 $ 150.00 $ Review cash flow worksheet to incorporate findings into PREPA Executive 

Director's requested briefing materials.

PR

3 San Miguel, 

Jorge

12/30/21 2.3 620.00 $ 1,426.00 $ Participate in working session with G. Gil (ACG) to review and draft 

presentation on Finance Directorate developments related to fiscal plan, 

retirement system, financial statements and Title III as requested by N. Morales 

(PREPA).

PR

3 Porter, Lucas 12/30/21 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) regarding the 

development of presentation materials related to the FY 2022 budget and fiscal 

plan.

Not in PR

3 Gil, Gerard 12/30/21 0.9 500.00 $ 450.00 $ Participate on call with N. Morales (PREPA) and J. San Miguel (ACG) 

regarding request received from J. Colon (PREPA) for directorate end of year 

reports related to finance, pensions and renewable procurement.

PR

3 Crisalli, Paul 12/30/21 0.6 875.00 $ 525.00 $ Review the Finance Directorate FY 2022 YTD status update presentation and 

provide comments on cash flow and liquidity to the Ankura team.

Not in PR

3 Gil, Gerard 12/30/21 3.5 500.00 $ 1,750.00 $ Develop initial draft briefing materials sections related to the FY 2022 budget 

and fiscal plan as requested by PREPA's Executive Director.

PR

3 Porter, Lucas 12/30/21 0.3 570.00 $ 171.00 $ Review presentation materials from N. Morales (PREPA) regarding insurance 

claims for incorporation into draft presentation on FY 2022 budget and fiscal 

plan.

Not in PR

50 San Miguel, 

Jorge

12/30/21 0.6 620.00 $ 372.00 $ Review operational developments related to generation plants to inform the 

next mediation call.

PR

2 Crisalli, Paul 12/30/21 0.8 875.00 $ 700.00 $ Develop the FY 2022 year-to-date cash flow summary as requested by G. Gil 

(ACG).

Not in PR

3 Keys, Jamie 12/30/21 0.9 330.00 $ 297.00 $ Review the current draft of the presentation for the PREPA Executive Director 

related to the FY 2022 budget and fiscal plan provided by G. Gil (ACG).

Not in PR

2 Crisalli, Paul 12/30/21 0.7 875.00 $ 612.50 $ Review the updated master payment schedule provided by PREPA Fuels Office 

to inform the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 12/30/21 2.3 500.00 $ 1,150.00 $ Participate in working session with J. San Miguel (ACG) to review and draft 

presentation on Finance Directorate developments related to fiscal plan, 

retirement system, financial statements and Title III as requested by N. Morales 

(PREPA).

PR

3 Crisalli, Paul 12/30/21 0.7 875.00 $ 612.50 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 12/24/21.Not in PR

Exhibit C

January 28, 2022 / #PR00054 39 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 180 of 229
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

12/30/21 0.9 620.00 $ 558.00 $ Review PREB resolution and order approving rate adjustment for fuel cost 

variability and other matters to inform the next mediation call.

PR

3 San Miguel, 

Jorge

12/30/21 0.3 620.00 $ 186.00 $ Participate in discussion with AAFAF representatives regarding documentation 

supporting CSFRF funding and emergency funds for generation maintenance 

work.

PR

3 Porter, Lucas 12/30/21 0.4 570.00 $ 228.00 $ Analyze report from P. Crisalli (ACG) related to FY 2022 cash flow for 

presentation materials requested by N. Morales (PREPA) on the FY 2022 

budget and fiscal plan.

Not in PR

3 Porter, Lucas 12/30/21 0.6 570.00 $ 342.00 $ Review updated presentation materials from J. Keys (ACG) for N. Morales 

(PREPA) and J. Colon (PREPA) regarding the FY 2022 budget and fiscal 

plan.

Not in PR

3 San Miguel, 

Jorge

12/30/21 0.8 620.00 $ 496.00 $ Further edit and revise presentation requested by N. Morales (PREPA) for 

PREPA's Executive Director related to Finance directorate fiscal plan matters.

PR

2 Crisalli, Paul 12/30/21 0.4 875.00 $ 350.00 $ Update the January 2022 cash flow budget work plan and RFI tracker for 

current correspondence and revised templates.

Not in PR

3 Porter, Lucas 12/30/21 0.6 570.00 $ 342.00 $ Revise presentation materials for N. Morales (PREPA) to address comments 

and requests from G. Gil (ACG) related to the FY 2022 budget and fiscal plan.

Not in PR

50 Keys, Jamie 12/30/21 0.6 330.00 $ 198.00 $ Prepare the weekly cash flow and liquidity related files for FOMB fiscal plan 

reporting purposes.

Not in PR

3 Keys, Jamie 12/30/21 1.9 330.00 $ 627.00 $ Revise the current draft of the presentation for the PREPA Executive Director 

related to the FY 2022 budget and fiscal plan per comments provided by N. 

Morales (PREPA).

Not in PR

3 San Miguel, 

Jorge

12/30/21 0.9 620.00 $ 558.00 $ Participate on call with N. Morales (PREPA) and G. Gil (ACG) regarding 

request received from J. Colon (PREPA) for directorate end of year reports 

related to finance, pensions and renewable procurement.

PR

3 Keys, Jamie 12/30/21 2.6 330.00 $ 858.00 $ Revise the current draft of the presentation for the PREPA Executive Director 

related to the FY 2022 budget and fiscal plan provided by G. Gil (ACG).

Not in PR

3 San Miguel, 

Jorge

12/30/21 0.6 620.00 $ 372.00 $ Review AAFAF documentation and resolutions on CSFRF emergency funding 

for generation maintenance work.

PR

3 Gil, Gerard 12/30/21 1.1 500.00 $ 550.00 $ Participate in working session with L. Porter (ACG) to review and update 

presentation materials for N. Morales (PREPA) and J. Colon (PREPA) related 

to the FY 2022 budget and fiscal plan.

PR

3 San Miguel, 

Jorge

12/31/21 0.5 620.00 $ 310.00 $ Participate on call with G. Gil (ACG) and P. Crisalli (ACG) to discuss the 

Finance Directorate FY 2022 year to date status update presentation in 

preparation for call with N. Morales (PREPA).

PR

3 Gil, Gerard 12/31/21 1.0 500.00 $ 500.00 $ Review and incorporate changes requested by N. Morales (PREPA) to briefing 

materials requested by PREPA's Executive Director on fiscal plan, budget, 

pensions, Title III and financial statements.

PR

3 Gil, Gerard 12/31/21 1.1 500.00 $ 550.00 $ Participate on call with J. San Miguel (ACG), P. Crisalli (ACG) and N. 

Morales (PREPA) to discuss the Finance Directorate FY 2022 year to date 

status update presentation.

PR

3 Porter, Lucas 12/31/21 0.2 570.00 $ 114.00 $ Correspond with G. Gil (ACG) regarding requested revisions from N. Morales 

(PREPA) on FY 2022 budget and fiscal plan presentation materials.

Not in PR

3 Crisalli, Paul 12/31/21 1.1 875.00 $ 962.50 $ Participate on call with G. Gil (ACG), J. San Miguel (ACG) and N. Morales 

(PREPA) to discuss the Finance Directorate FY 2022 year to date status update 

presentation.

Not in PR

3 San Miguel, 

Jorge

12/31/21 0.7 620.00 $ 434.00 $ Review comments to the draft Finance directorate presentation from N. 

Morales (PREPA) in preparation for discussion to finalize presentation.

PR

3 Gil, Gerard 12/31/21 0.5 500.00 $ 250.00 $ Participate on call with J. San Miguel (ACG) and P. Crisalli (ACG) to discuss 

the Finance Directorate FY 2022 year to date status update presentation in 

preparation for call with N. Morales (PREPA).

PR

3 Porter, Lucas 12/31/21 1.2 570.00 $ 684.00 $ Analyze historical audited financial statements to develop updated exhibit 

requested by N. Morales (PREPA) for presentation materials on the FY 2022 

budget and fiscal plan.

Not in PR

3 Gil, Gerard 12/31/21 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) to discuss 

final revisions to the Executive Director briefing materials on fiscal plan, 

budget, pensions, Title III and financial statements as requested by N. Morales 

(PREPA).

PR

3 Porter, Lucas 12/31/21 0.2 570.00 $ 114.00 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) to discuss final 

revisions to the Executive Director briefing materials on fiscal plan, budget, 

pensions, Title III and financial statements as requested by N. Morales 

(PREPA) (partial).

Not in PR

3 San Miguel, 

Jorge

12/31/21 0.4 620.00 $ 248.00 $ Participate on call with G. Gil (ACG) and L. Porter (ACG) to discuss final 

revisions to the Executive Director briefing materials on fiscal plan, budget, 

pensions, Title III and financial statements as requested by N. Morales 

(PREPA).

PR

Exhibit C

January 28, 2022 / #PR00054 40 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 181 of 229
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 12/31/21 0.4 570.00 $ 228.00 $ Review updated draft presentation materials from N. Morales (PREPA) 

regarding the FY 2022 budget and fiscal plan.

Not in PR

2 San Miguel, 

Jorge

12/31/21 0.2 620.00 $ 124.00 $ Correspond with P. Crisalli (ACG) regarding PREB approval of fuel 

adjustment and impact on liquidity.

PR

3 Porter, Lucas 12/31/21 0.7 570.00 $ 399.00 $ Revise presentation materials on the FY 2022 budget and fiscal plan to address 

open comments from N. Morales (PREPA) on the historical financial exhibit. 

Not in PR

3 Crisalli, Paul 12/31/21 0.5 875.00 $ 437.50 $ Participate on call with G. Gil (ACG) and J. San Miguel (ACG) to discuss the 

Finance Directorate FY 2022 year to date status update presentation in 

preparation for call with N. Morales (PREPA).

Not in PR

3 San Miguel, 

Jorge

12/31/21 1.1 620.00 $ 682.00 $ Participate on call with G. Gil (ACG), P. Crisalli (ACG) and N. Morales 

(PREPA) to discuss the Finance Directorate FY 2022 year to date status update 

presentation.

PR

TOTAL 773.7 440,193.40 $ 

Exhibit C

January 28, 2022 / #PR00054 41 of 41

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 182 of 229
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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 183 of 229
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

January 28, 2022 / #PR00054 1 of 1

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 184 of 229
EXHIBIT H 

MONTHLY FEE STATEMENT OF ANKURA FOR COMPENSATION FOR SERVICES 

AND REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISOR TO THE 

DEBTOR, FOR THE PERIOD JANUARY 1, 2022 THROUGH JANUARY 31, 2022 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 185 of 229
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-FIFTH 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 JANUARY 1, 2022 THROUGH JANUARY 31, 2022

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

Authorized to Provide

Professional Services to: Debtor 

Period for which compensation

and reimbursement is sought: January 1, 2022 through January 31, 2022 

Amount of compensation sought

as actual, reasonable and necessary: $376,030.00 

Amount of expense reimbursement

sought as actual, reasonable and

necessary: 2 $1,364.86 

Invoice Date / Number March 1, 2022 / #PR00055 

This is a: X monthly interim final application.

This is Ankura’s fifty-fifth 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.

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 186 of 229
2

1. This is the fifty-fifth 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 $338,427.00 (90% of

$376,030.00 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 $1,364.86 incurred by Ankura during the 

period of January 1, 2022 through January 31, 2022 (the “Fee Period”)3

. 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 

3 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.

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 187 of 229
3

actual and necessary expenses incurred by professionals in chronological order for 

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 

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 188 of 229
4

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

Esq.;

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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 189 of 229
EXHIBIT A

SUMMARY OF PROFESSIONAL FEES BY TASK CODE

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 190 of 229
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 30,084.00 54.0 $ 

3 Fiscal Plan and Implementation 218.2 121,075.00 $ 

60 Swap Portfolio Analysis 6.5 3,359.50 $ 

Liquidity Related Matters

2 Cash and Liquidity Analysis 182.4 127,490.00 $ 

51 Cash and Liquidity Analysis - Public Assistance Program (Hurricanes) 21.8 11,204.50 $ 

54 Cash and Liquidity Analysis - Public Assistance Program (Earthquakes) 8.8 3,024.00 $ 

Title III Matters

25 Preparation of Fee Statements and Applications 58.8 20,444.00 $ 

Other Matters

50 General Meetings with FOMB, UCC and/or Advisors 104.7 59,349.00 $ 

Total 376,030.00 655.2 $ 

Exhibit A

March 1, 2022 / #PR00055 1 of 1

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 191 of 229
EXHIBIT B

SUMMARY OF HOURS AND FEES BY PROFESSIONAL

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 192 of 229
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 $ 153.6 $ 134,400.00

San Miguel, Jorge Senior Managing Director 620.00 $ 89.3 $ 55,366.00

Gil, Gerard Managing Director 500.00 $ 63.4 $ 31,700.00

Squiers, Jay Managing Director 785.00 $ 1.0 $ 785.00

Porter, Lucas Senior Director (1) 570.00 $ 110.4 $ 62,928.00

Keys, Jamie Senior Associate (1) 330.00 $ 121.6 $ 40,128.00

Marino, Nicholas Senior Associate 495.00 $ 59.7 $ 29,551.50

Parker, Christine Analyst 200.00 $ 35.6 $ 7,120.00

SUBTOTAL 634.6 $ 361,978.50

Other Practice Groups

Smith, James Senior Managing Director 750.00 $ 15.0 $ 11,250.00

SUBTOTAL 15.0 $ 11,250.00

SWAP Portfolio Analyses

U.S. Professionals

Ciancanelli, John Senior Managing Director 665.00 $ 1.1 $ 731.50

Costa, Lindsey SWAP Portfolio Analysis Director 460.00 $ 4.5 $ 2,070.00

SUBTOTAL 5.6 $ 2,801.50

TOTAL 655.2 $ 376,030.00

Note:

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

Exhibit B

March 1, 2022 / #PR00055 1 of 1

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 193 of 229
EXHIBIT C

COMPLETE ACCOUNTING OF PROFESSIONAL FEES

INCLUDING ITEMIZED TIME RECORDS IN CHRONOLOGICAL ORDER

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 194 of 229
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 1/1/22 0.9 570.00 $ 513.00 $ Prepare updated presentation draft to consolidate revisions requested by N. 

Morales (PREPA) and M. Zapata (PREPA) to inform meeting materials related 

to the FY 2022 budget and fiscal plan.

Not in PR

3 Porter, Lucas 1/1/22 0.3 570.00 $ 171.00 $ Review comments to draft presentation materials received from M. Zapata 

(PREPA) and N. Morales (PREPA) regarding the FY 2022 budget and fiscal 

plan.

Not in PR

3 Porter, Lucas 1/1/22 0.8 570.00 $ 456.00 $ Revise draft presentation materials to address comments received from M. 

Zapata (PREPA) regarding the FY 2022 budget and fiscal plan.

Not in PR

3 Porter, Lucas 1/1/22 0.6 570.00 $ 342.00 $ Analyze historical financial information to prepare updated exhibit requested by 

N. Morales (PREPA) for presentation materials related to the FY 2022 budget 

and fiscal plan.

Not in PR

2 Porter, Lucas 1/4/22 0.6 570.00 $ 342.00 $ Participate on call with P. Crisalli (ACG) regarding professional and legal 

services assumptions for the FY 2022 certified budget to inform the January 

2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/4/22 0.3 570.00 $ 171.00 $ Participate on call with N. Marino (ACG) to discuss deliverables for FY 2022 

fiscal plan reporting for January 2022.

Not in PR

3 San Miguel, 

Jorge

1/4/22 0.6 620.00 $ 372.00 $ Review AAFAF inquiry related to PREPA pension matters and supporting 

response from the certified fiscal plan as provided by L. Porter (ACG).

PR

3 Marino, 

Nicholas

1/4/22 0.7 495.00 $ 346.50 $ Finish reviewing the 2018 General Ledger and Audited Financial Statement data 

received from L. Porter (ACG) regarding the Annual Financial Information and 

Operating Data Report to support FY 2022 fiscal plan implementation.

Not in PR

2 Crisalli, Paul 1/4/22 0.8 875.00 $ 700.00 $ Review GenCo and HoldCo other operating expenses in the FY 2022 certified 

annual budget and various budget-to-actual reports to inform the January 2022 

cash flow budget forecast.

Not in PR

3 Marino, 

Nicholas

1/4/22 0.8 495.00 $ 396.00 $ Participate on call with J. Keys (ACG) regarding the review of the General 

Ledger and Audited Financial Statement data received from L. Porter (ACG) 

related to the Annual Financial Information and Operating Data Report to 

support FY 2022 fiscal plan implementation.

Not in PR

3 Marino, 

Nicholas

1/4/22 1.2 495.00 $ 594.00 $ Review various materials regarding the PREPA proposed FY 2022 and FY 2023 

necessary maintenance expense budget for PREPA management received from 

L. Porter (ACG).

Not in PR

2 Keys, Jamie 1/4/22 0.4 330.00 $ 132.00 $ Review the weekly cash flow and bank balance information provided by J. 

Roque (Luma).

Not in PR

60 San Miguel, 

Jorge

1/4/22 0.3 620.00 $ 186.00 $ Review request from L. Matias (PREPA) and KPMG regarding SWAP 

valuation work to coordinate a meeting in support of the 2019 audit.

PR

3 Marino, 

Nicholas

1/4/22 1.5 495.00 $ 742.50 $ Begin review of the 2018 General Ledger and Audited Financial Statement data 

received from L. Porter (ACG) regarding the Annual Financial Information and 

Operating Data Report to support FY 2022 fiscal plan implementation.

Not in PR

60 Ciancanelli, 

John

1/4/22 0.2 665.00 $ 133.00 $ Participate in discussion with J. San Miguel (ACG) regarding inquiry and 

request for meeting from KPMG and L. Matias (PREPA) regarding SWAP 

valuation work in relation to the 2019 audit.

Not in PR

3 Marino, 

Nicholas

1/4/22 0.9 495.00 $ 445.50 $ Finish reviewing the 2017 General Ledger and Audited Financial Statement data 

received from L. Porter (ACG) regarding the Annual Financial Information and 

Operating Data Report to support FY 2022 fiscal plan implementation.

Not in PR

2 Crisalli, Paul 1/4/22 0.3 875.00 $ 262.50 $ Correspond with J. Roque (Luma) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

3 San Miguel, 

Jorge

1/4/22 0.2 620.00 $ 124.00 $ Participate in discussion with N. Morales (PREPA) regarding Title III matters 

ahead of January's Board of Directors meeting and coordination with O'Melveny 

& Myers.

PR

2 Porter, Lucas 1/4/22 0.5 570.00 $ 285.00 $ Prepare responding information related to the FY 2022 professional services 

budget for P. Crisalli (ACG) to inform the January 2022 cash flow budget.

Not in PR

25 Parker, 

Christine

1/4/22 1.0 200.00 $ 200.00 $ Update Exhibits A, B and C of the Ankura December 2021 monthly fee 

statement for information currently available.

Not in PR

50 Marino, 

Nicholas

1/4/22 1.1 495.00 $ 544.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 1/14/22 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 1/4/22 0.5 875.00 $ 437.50 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

3 Porter, Lucas 1/4/22 0.9 570.00 $ 513.00 $ Review the preliminary draft accounting analysis received from N. Marino 

(ACG) to inform regulatory disclosure filings requested by N. Morales (PREPA) 

as required for FY 2022 fiscal plan implementation.

Not in PR

2 Crisalli, Paul 1/4/22 1.4 875.00 $ 1,225.00 $ 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 Porter, Lucas 1/4/22 0.6 570.00 $ 342.00 $ Review supporting information with comments from P. Crisalli (ACG) 

regarding necessary maintenance expense, other accounts payable and 

permanent work assumptions and open items for the January 2022 cash flow 

budget.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 1 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 195 of 229
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 1/4/22 1.6 875.00 $ 1,400.00 $ Develop the GenCo and HoldCo professional and technical outsourced services 

template for the January 2022 cash flow budget.

Not in PR

2 Keys, Jamie 1/4/22 0.6 330.00 $ 198.00 $ Revise the weekly cash flow outputs for the week ended 12/31/21 per comments 

provided by P. Crisalli (ACG).

Not in PR

2 Keys, Jamie 1/4/22 0.5 330.00 $ 165.00 $ Review the latest January 2022 cash flow budget update summary provided by 

P. Crisalli (ACG).

Not in PR

25 Parker, 

Christine

1/4/22 1.3 200.00 $ 260.00 $ Assemble additional time descriptions for the period 12/1/21 - 12/11/21 for 

inclusion in the Ankura December 2021 monthly fee statement.

Not in PR

3 Keys, Jamie 1/4/22 1.2 330.00 $ 396.00 $ Review additional General Ledger data provided by L. Porter (ACG) for use in 

reconciliation to Audited Financial Statements.

Not in PR

60 San Miguel, 

Jorge

1/4/22 0.2 620.00 $ 124.00 $ Participate in discussion with J. Ciancanelli (ACG) regarding inquiry and 

request for meeting from KPMG and L. Matias (PREPA) regarding SWAP 

valuation work in relation to the 2019 audit.

PR

3 San Miguel, 

Jorge

1/4/22 0.2 620.00 $ 124.00 $ Correspond with M. DiConza (OMM) regarding agenda and timing for meeting 

with the PREPA Board of Directors related to Title III matters.

PR

2 Crisalli, Paul 1/4/22 1.0 875.00 $ 875.00 $ Participate on call with J. San Miguel (ACG) and L. Porter (ACG) regarding 

necessary maintenance expense, other accounts payable and permanent work 

assumptions and open items for the January 2022 cash flow budget.

Not in PR

2 Porter, Lucas 1/4/22 0.6 570.00 $ 342.00 $ Prepare supporting data related to the FY 2022 revenue budget for P. Crisalli 

(ACG) to inform the January 2022 cash flow budget.

Not in PR

3 Marino, 

Nicholas

1/4/22 0.6 495.00 $ 297.00 $ Review materials related to the presentation requested by N. Morales (PREPA) 

regarding the FY 2022 certified budget and fiscal plan.

Not in PR

2 Crisalli, Paul 1/4/22 0.6 875.00 $ 525.00 $ Participate on call with L. Porter (ACG) regarding professional and legal 

services assumptions for the FY 2022 certified budget to inform the January 

2022 cash flow budget.

Not in PR

3 Keys, Jamie 1/4/22 2.1 330.00 $ 693.00 $ Review the 2016 General Ledger data for use in reconciliation to Audited 

Financial Statements.

Not in PR

3 Keys, Jamie 1/4/22 0.8 330.00 $ 264.00 $ Participate on call with N. Marino (ACG) regarding the review of the General 

Ledger and Audited Financial Statement data received from L. Porter (ACG) 

related to the Annual Financial Information and Operating Data Report to 

support FY 2022 fiscal plan implementation.

Not in PR

3 Porter, Lucas 1/4/22 0.3 570.00 $ 171.00 $ Review data received from S. Cortez (FPVG) to inform regulatory disclosure 

filings requested by N. Morales (PREPA) as required for FY 2022 fiscal plan 

implementation.

Not in PR

2 San Miguel, 

Jorge

1/4/22 1.0 620.00 $ 620.00 $ Participate on call with P. Crisalli (ACG) and L. Porter (ACG) regarding 

necessary maintenance expense, other accounts payable and permanent work 

assumptions and open items for the January 2022 cash flow budget.

PR

2 Crisalli, Paul 1/4/22 1.2 875.00 $ 1,050.00 $ Develop and distribute the GenCo and HoldCo other accounts payable template 

for the January 2022 cash flow budget to PREPA.

Not in PR

2 Porter, Lucas 1/4/22 0.7 570.00 $ 399.00 $ Prepare responding information related to the FY 2022 budget for insurance 

premium expenses for P. Crisalli (ACG) to inform the January 2022 cash flow 

budget.

Not in PR

3 Porter, Lucas 1/4/22 0.7 570.00 $ 399.00 $ Review the FY 2022 fiscal plan pension reform initiative materials to inform 

response to AAFAF representative.

Not in PR

2 San Miguel, 

Jorge

1/4/22 0.1 620.00 $ 62.00 $ Correspond with C. E. Rodriguez (PREPA) regarding necessary maintenance 

expense and permanent work budget deliverables for use in the January 2022 

cash flow budget.

PR

3 Porter, Lucas 1/4/22 0.2 570.00 $ 114.00 $ Prepare and send documents to N. Marino (ACG) for review related to the FY 

2022 fiscal plan and budget.

Not in PR

2 Keys, Jamie 1/4/22 2.0 330.00 $ 660.00 $ Prepare the weekly cash flow outputs for the week ended 12/31/21 for review by 

P. Crisalli (ACG).

Not in PR

2 Porter, Lucas 1/4/22 1.0 570.00 $ 570.00 $ Participate on call with J. San Miguel (ACG) and P. Crisalli (ACG) regarding 

necessary maintenance expense, other accounts payable and permanent work 

assumptions and open items for the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/4/22 1.1 875.00 $ 962.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

12/31/21.

Not in PR

3 Marino, 

Nicholas

1/4/22 0.3 495.00 $ 148.50 $ Participate on call with L. Porter (ACG) to discuss deliverables for FY 2022 

fiscal plan reporting for January 2022.

Not in PR

50 Smith, James 1/5/22 0.6 750.00 $ 450.00 $ 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 1/5/22 0.2 875.00 $ 175.00 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

2 Porter, Lucas 1/5/22 0.6 570.00 $ 342.00 $ Review the fuel and purchased power regulatory order to prepare response to P. 

Crisalli (ACG) and inform the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/5/22 0.6 875.00 $ 525.00 $ Revise the weekly cash flow presentation materials and related support 

schedules for distribution to Luma and PREPA.

Not in PR

3 Keys, Jamie 1/5/22 1.2 330.00 $ 396.00 $ Review the monthly generation file updated per L. Porter (ACG) for use in 

reporting to the FOMB.

Not in PR

2 Crisalli, Paul 1/5/22 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 12/31/21. Not in PR

Exhibit C

March 1, 2022 / #PR00055 2 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 196 of 229
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 1/5/22 0.3 875.00 $ 262.50 $ Review the revised billed revenue and load forecast provided by J. Estrada 

(Luma) to inform the January 2022 cash flow budget.

Not in PR

3 Marino, 

Nicholas

1/5/22 0.8 495.00 $ 396.00 $ Finish review of the 2016 General Ledger and Audited Financial Statement data 

received from L. Porter (ACG) regarding the Annual Financial Information and 

Operating Data Report to support FY 2022 fiscal plan implementation.

Not in PR

2 Porter, Lucas 1/5/22 0.3 570.00 $ 171.00 $ Prepare comments on the fuel and purchased power regulatory order for P. 

Crisalli (ACG) to inform the January 2022 cash flow budget.

Not in PR

50 Crisalli, Paul 1/5/22 0.5 875.00 $ 437.50 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

3 Porter, Lucas 1/5/22 0.8 570.00 $ 456.00 $ Revise the draft summary of accounting analysis for N. Morales (PREPA) 

related to regulatory disclosures required for FY 2022 fiscal plan 

implementation.

Not in PR

2 Crisalli, Paul 1/5/22 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

3 San Miguel, 

Jorge

1/5/22 0.3 620.00 $ 186.00 $ Participate in discussion with N. Morales (PREPA) regarding status of 

generation budget amendment and deliverables from PREPA.

PR

2 Crisalli, Paul 1/5/22 0.5 875.00 $ 437.50 $ Participate on call with J. San Miguel (ACG) to discuss collection matters 

regarding PREPA prior to preparing related emails and correspondence with 

client for use in the January 2022 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

1/5/22 0.5 620.00 $ 310.00 $ Analyze cash flow matters related to pending deliverables from Luma and 

PREPA and insurance payment schedules per the January 2022 cash flow 

budget.

PR

3 Porter, Lucas 1/5/22 1.4 570.00 $ 798.00 $ Prepare the generation operational report for the week ending 1/2/22 based on 

data received from G. Soto (Luma) for FOMB as required by the PREPA FY 

2022 fiscal plan.

Not in PR

50 Keys, Jamie 1/5/22 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

50 Keys, Jamie 1/5/22 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

50 San Miguel, 

Jorge

1/5/22 0.7 620.00 $ 434.00 $ Review the fiscal plan model provided by L. Porter (ACG) to inform inquiry 

from creditor stakeholder ahead of the 1/14/22 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

1/5/22 0.6 495.00 $ 297.00 $ Revise the Ankura summary findings table for the 2018 General Ledger and 

Audited Financial Statement data comparison following discussion with L. 

Porter (ACG) regarding the Annual Financial Information and Operating Data 

Report to support FY 2022 fiscal plan implementation.

Not in PR

2 Crisalli, Paul 1/5/22 0.3 875.00 $ 262.50 $ Participate on call with L. Porter (ACG) to discuss legal services in the FY 2022 

certified budget and PREB resolution and order related to PREPA fuel and 

purchased power adjustments to inform the January 2022 cash flow budget.

Not in PR

3 Marino, 

Nicholas

1/5/22 1.5 495.00 $ 742.50 $ Begin review of the 2016 General Ledger and Audited Financial Statement data 

received from L. Porter (ACG) regarding the Annual Financial Information and 

Operating Data Report to support FY 2022 fiscal plan implementation.

Not in PR

2 Crisalli, Paul 1/5/22 0.7 875.00 $ 612.50 $ Update the January 2022 cash flow budget work plan and RFI tracker for current 

correspondence and revised templates.

Not in PR

2 Crisalli, Paul 1/5/22 0.3 875.00 $ 262.50 $ Review the December 2021 renewable-related invoice and supplier payment 

history supporting information provided by J. Roque (Luma) in support of the 

January 2022 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

1/5/22 0.8 620.00 $ 496.00 $ Review the PREB resolution and order on fuel adjustment clauses and energy 

cost adjustments to inform discussion points for the 1/14/22 bi-weekly 

mediation call.

PR

2 Crisalli, Paul 1/5/22 0.5 875.00 $ 437.50 $ Perform initial review of December 2021 accounts receivable supporting 

documents provided by Luma.

Not in PR

2 Crisalli, Paul 1/5/22 0.3 875.00 $ 262.50 $ Prepare for status update call with Luma regarding the GridCo assumptions and 

supporting information for the January 2022 cash flow budget.

Not in PR

50 Keys, Jamie 1/5/22 0.5 330.00 $ 165.00 $ Prepare the weekly reporting package for distribution. Not in PR

50 Keys, Jamie 1/5/22 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

3 Porter, Lucas 1/5/22 0.4 570.00 $ 228.00 $ Review the monthly operating statistics prepared by J. Estrada (Luma) to inform 

FY 2022 fiscal plan reporting. 

Not in PR

2 Crisalli, Paul 1/5/22 0.4 875.00 $ 350.00 $ Participate on status update call with D. Miller (Luma), L. Galan (Luma) and J. 

Keys (ACG) regarding the GridCo assumptions and supporting information for 

the January 2022 cash flow budget.

Not in PR

50 Keys, Jamie 1/5/22 0.7 330.00 $ 231.00 $ Prepare the weekly FEMA flash report for the week ended 12/31/21 for review 

by P. Crisalli (ACG).

Not in PR

2 San Miguel, 

Jorge

1/5/22 0.5 620.00 $ 310.00 $ Participate on call with P. Crisalli (ACG) to discuss collection matters regarding 

PREPA prior to preparing related emails and correspondence with client for use 

in the January 2022 cash flow budget.

PR

Exhibit C

March 1, 2022 / #PR00055 3 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 197 of 229
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 1/5/22 0.4 330.00 $ 132.00 $ Participate on status update call with D. Miller (Luma), L. Galan (Luma) and P. 

Crisalli (ACG) regarding the GridCo assumptions and supporting information 

for the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/5/22 1.0 875.00 $ 875.00 $ Update the dispatch model for the January 2022 cash flow budget for November 

2021 actual generation information and December 2021 hourly generation 

statistics.

Not in PR

3 Porter, Lucas 1/5/22 1.1 570.00 $ 627.00 $ Review the draft accounting analysis prepared by N. Marino (ACG) for N. 

Morales (PREPA) required for FY 2022 fiscal plan implementation. 

Not in PR

3 Porter, Lucas 1/5/22 0.5 570.00 $ 285.00 $ Review fuel cost accounting data for FY 2022 received from W. Rivera (Luma) 

to inform budget variance reporting to the FOMB as required by the FY 2022 

fiscal plan.

Not in PR

50 Crisalli, Paul 1/5/22 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 Keys, Jamie 1/5/22 0.4 330.00 $ 132.00 $ Review the draft medical benefit cost template provided by P. Crisalli (ACG) 

for use in the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/5/22 0.3 875.00 $ 262.50 $ Update analysis and related correspondence to J. Roque (Luma) regarding 

timing of customer collections and related variances to the PREPA cash flow 

budget.

Not in PR

3 Marino, 

Nicholas

1/5/22 0.6 495.00 $ 297.00 $ Prepare draft Ankura summary findings correspondence to L. Matias (PREPA), 

N. Morales (PREPA), J. Adrover (PREPA), S. Cortes (Galíndez), R. Arieta 

(SM) and L. Bauer (NR) for the FY 2016 - FY 2018 General Ledger and 

Audited Financial Statement data comparison regarding the Annual Financial 

Information and Operating Data Report to support FY 2022 fiscal plan 

implementation.

Not in PR

2 Crisalli, Paul 1/5/22 0.7 875.00 $ 612.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

1/7/22.

Not in PR

3 Porter, Lucas 1/5/22 0.5 570.00 $ 285.00 $ Prepare responding comments to the FY 2022 fiscal plan pension reform 

initiative for AAFAF.

Not in PR

3 San Miguel, 

Jorge

1/5/22 0.2 620.00 $ 124.00 $ Review correspondence with AAFAF and L. Porter (ACG) related to pension 

plan reform scenarios and cost projections.

PR

3 Porter, Lucas 1/5/22 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 

1/2/22 required by the FY 2022 certified fiscal plan.

Not in PR

25 Parker, 

Christine

1/5/22 2.7 200.00 $ 540.00 $ Assemble time descriptions for the period 12/12/21 - 12/18/21 for inclusion in 

the Ankura December 2021 monthly fee statement.

Not in PR

2 Crisalli, Paul 1/5/22 0.6 875.00 $ 525.00 $ Develop the initial output templates for the January 2022 cash flow budget. Not in PR

3 San Miguel, 

Jorge

1/5/22 0.3 620.00 $ 186.00 $ Review the fiscal plan pension budget projections and FOMB reform provisions 

prior to discussion with AAFAF.

PR

3 Porter, Lucas 1/5/22 0.2 570.00 $ 114.00 $ Review and revise the updated fleet status report provided by J. Smith (ACG) 

for the 1/2/22 generation operating report submittal to FOMB required by the 

FY 2022 certified fiscal plan.

Not in PR

2 San Miguel, 

Jorge

1/5/22 0.3 620.00 $ 186.00 $ Review the collection variance update provided by P. Crisalli (ACG) for use in 

the January 2022 cash flow budget in preparation for discussions with N. 

Morales (PREPA) and Luma representatives.

PR

3 Marino, 

Nicholas

1/5/22 0.7 495.00 $ 346.50 $ Revise the Ankura summary findings table for the 2017 General Ledger and 

Audited Financial Statement data comparison following discussion with L. 

Porter (ACG) regarding the Annual Financial Information and Operating Data 

Report to support FY 2022 fiscal plan implementation.

Not in PR

3 Smith, James 1/5/22 0.4 750.00 $ 300.00 $ Participate on call with G. Soto (PREPA) and L. Porter (ACG) to discuss 

generation system status updates to inform FY 2022 fiscal plan reporting.

Not in PR

3 Porter, Lucas 1/5/22 0.4 570.00 $ 228.00 $ Participate on call with G. Soto (PREPA) and J. Smith (ACG) to discuss 

generation system status updates to inform FY 2022 fiscal plan reporting.

Not in PR

50 Keys, Jamie 1/5/22 1.2 330.00 $ 396.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

2 Crisalli, Paul 1/5/22 0.7 875.00 $ 612.50 $ Develop the GenCo and HoldCo legal services template for the January 2022 

cash flow budget.

Not in PR

50 Marino, 

Nicholas

1/5/22 1.3 495.00 $ 643.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 1/14/22 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 1/5/22 0.2 875.00 $ 175.00 $ Correspond with J. Roque (Luma) regarding the timing of customer collections 

and related variance to the cash flow budget.

Not in PR

25 Parker, 

Christine

1/5/22 0.9 200.00 $ 180.00 $ Review Exhibit C to the Ankura December 2021 monthly fee statement for 

information currently assembled.

Not in PR

2 Crisalli, Paul 1/5/22 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

3 Keys, Jamie 1/5/22 1.6 330.00 $ 528.00 $ Review the summary of General Ledger data as compared to the Audited 

Financial Statements provided by N. Marino (ACG).

Not in PR

3 Porter, Lucas 1/5/22 1.8 570.00 $ 1,026.00 $ Revise the monthly generation analysis to incorporate data provided by W. 

Rivera (Luma) and J. Estrada (Luma) to inform FY 2022 fiscal plan reporting.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 4 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 198 of 229
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 1/5/22 0.3 570.00 $ 171.00 $ Participate on call with P. Crisalli (ACG) to discuss legal services in the FY 

2022 certified budget and PREB resolution and order related to PREPA fuel and 

purchased power adjustments to inform the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/5/22 0.3 875.00 $ 262.50 $ Update the medical benefit costs support schedules for the January 2022 cash 

flow budget for payment to Triple-S made on 12/30/21.

Not in PR

2 Crisalli, Paul 1/6/22 0.8 875.00 $ 700.00 $ Participate on call with M. Jeppesen (Luma) regarding billed revenue, accounts 

receivable and collections forecast for the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/6/22 0.9 875.00 $ 787.50 $ Update the cash flow model support schedules for generation, revenue and fuel 

and purchased power statistics included in the July - November monthly 

operating reports to inform the January 2022 cash flow budget.

Not in PR

3 Keys, Jamie 1/6/22 1.3 330.00 $ 429.00 $ Revise summary information from N. Marino (ACG) regarding the General 

Ledger and Audited Financial Statement data included in the Annual Financial 

Information and Operating Data Report to support the FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 1/6/22 0.2 570.00 $ 114.00 $ Review the updated monthly generation cost analysis received from J. Keys 

(ACG) to inform FY 2022 fiscal plan financial projection updates and reporting.

Not in PR

2 Crisalli, Paul 1/6/22 0.8 875.00 $ 700.00 $ Review the Novum Energy exposure report and the PREPA Fuels Office Master 

Payment Schedule for diesel exposure to inform the January 2022 cash flow 

budget.

Not in PR

50 Keys, Jamie 1/6/22 0.6 330.00 $ 198.00 $ Prepare the weekly cash flow and liquidity related files for FOMB fiscal plan 

reporting purposes.

Not in PR

50 Smith, James 1/6/22 1.1 750.00 $ 825.00 $ Prepare the weekly fleet status report in support of the creditor reporting 

workstream.

Not in PR

2 Crisalli, Paul 1/6/22 2.4 875.00 $ 2,100.00 $ Update the fuel and purchased power-related support schedules to the January 

2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/6/22 1.7 875.00 $ 1,487.50 $ Review the PREPA Fuels Office master payment schedule and other related 

supporting documents regarding Bunker C deliveries to include in the January 

2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/6/22 0.3 875.00 $ 262.50 $ Correspond with AAFAF representatives regarding information request related 

to PREPA fuel oil contracts.

Not in PR

3 Keys, Jamie 1/6/22 2.2 330.00 $ 726.00 $ Revise the monthly generation file provided by L. Porter (ACG) to include the 

latest J28 information.

Not in PR

2 Crisalli, Paul 1/6/22 1.5 875.00 $ 1,312.50 $ Update the monthly billed revenue forecast and collections support schedule to 

the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/6/22 0.4 875.00 $ 350.00 $ Prepare for call with Luma Customer Experience regarding billed revenue, 

accounts receivable and collections forecast for the January 2022 cash flow 

budget.

Not in PR

2 Keys, Jamie 1/6/22 0.8 330.00 $ 264.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to the RFR 

tracker for use in the January 2022 cash flow budget.

Not in PR

2 Keys, Jamie 1/6/22 0.3 330.00 $ 99.00 $ Correspond with S. Diaz (ARI) regarding timing for validation of the Whitefish 

invoices pending reimbursement for use in the January 2022 cash flow budget.

Not in PR

3 Keys, Jamie 1/6/22 0.9 330.00 $ 297.00 $ Review summary information from N. Marino (ACG) regarding the General 

Ledger and Audited Financial Statement data included in the Annual Financial 

Information and Operating Data Report to support the FY 2022 fiscal plan.

Not in PR

2 Crisalli, Paul 1/7/22 0.4 875.00 $ 350.00 $ Revise the Bunker C support schedule for the January 2022 cash flow budget 

for recent payments and reconciliation of outstanding invoices.

Not in PR

2 Crisalli, Paul 1/7/22 0.6 875.00 $ 525.00 $ Develop the HoldCo Title III-related professional services template for the 

January 2022 cash flow budget.

Not in PR

3 Marino, 

Nicholas

1/7/22 0.4 495.00 $ 198.00 $ Participate on call with L. Porter (ACG) and J. Keys (ACG) to discuss the 

accounting analysis for N. Morales (PREPA) related to regulatory disclosures 

required for FY 2022 fiscal plan implementation.

Not in PR

3 Crisalli, Paul 1/7/22 0.6 875.00 $ 525.00 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 12/31/21.

Not in PR

3 Keys, Jamie 1/7/22 0.4 330.00 $ 132.00 $ Participate on call with N. Marino (ACG) and L. Porter (ACG) to discuss the 

accounting analysis for N. Morales (PREPA) related to regulatory disclosures 

required for FY 2022 fiscal plan implementation.

Not in PR

50 Marino, 

Nicholas

1/7/22 1.4 495.00 $ 693.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the 1/14/22 bi-weekly mediation call.

Not in PR

50 Keys, Jamie 1/7/22 1.7 330.00 $ 561.00 $ Prepare the monthly accounts receivable reports due 1/15/22 for review by P. 

Crisalli (ACG) prior to distribution.

Not in PR

2 Porter, Lucas 1/7/22 0.3 570.00 $ 171.00 $ Review comments received from E. Barbosa (PREPA) and P. Crisalli (ACG) 

regarding fuel to inform the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/7/22 0.4 570.00 $ 228.00 $ Participate on call with N. Marino (ACG) and J. Keys (ACG) to discuss the 

accounting analysis for N. Morales (PREPA) related to regulatory disclosures 

required for FY 2022 fiscal plan implementation.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 5 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 199 of 229
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 1/7/22 1.1 875.00 $ 962.50 $ Update the January 2022 cash flow budget work plan and RFI tracker for current 

correspondence and revised templates.

Not in PR

50 Crisalli, Paul 1/7/22 1.5 875.00 $ 1,312.50 $ Review the active and inactive accounts receivable aging reports and 

Government accounts receivable aging report for December 2021 to provide 

comments to J. Keys (ACG).

Not in PR

25 Parker, 

Christine

1/7/22 2.2 200.00 $ 440.00 $ Review Exhibit C to the Ankura December 2021 monthly fee statement for 

information currently assembled.

Not in PR

50 Smith, James 1/7/22 0.6 750.00 $ 450.00 $ Review recent PREB docket activity related to Luma and PREPA in support of 

the creditor reporting workstream.

Not in PR

3 Keys, Jamie 1/7/22 3.0 330.00 $ 990.00 $ Prepare the monthly accounts receivable reports due 1/27/22 for review by P. 

Crisalli (ACG) prior to distribution.

Not in PR

3 Marino, 

Nicholas

1/7/22 0.3 495.00 $ 148.50 $ Revise the Ankura summary findings email to L. Matias (PREPA), N. Morales 

(PREPA), J. Adrover (PREPA), S. Cortes (Galíndez), R. Arieta (SM) and L. 

Bauer (NR) for the FY 2016 - FY 2018 General Ledger and Audited Financial 

Statement data comparison regarding the Annual Financial Information and 

Operating Data Report to support FY 2022 fiscal plan implementation.

Not in PR

2 Keys, Jamie 1/7/22 1.6 330.00 $ 528.00 $ Prepare the updated PUMA report for use in the January 2022 cash flow budget. Not in PR

25 Keys, Jamie 1/7/22 0.6 330.00 $ 198.00 $ Review the current draft of the Ankura thirteenth interim fee application. Not in PR

3 Marino, 

Nicholas

1/7/22 0.4 495.00 $ 198.00 $ Revise the Ankura analysis and summary findings table for the FY 2016 - FY 

2018 General Ledger and Audited Financial Statement data comparison 

following meeting with L. Porter (ACG) and J. Keys (ACG) regarding the 

Annual Financial Information and Operating Data Report to support FY 2022 

fiscal plan implementation.

Not in PR

2 Crisalli, Paul 1/7/22 0.9 875.00 $ 787.50 $ Develop the December 2021 monthly accounts receivable reporting and 

presentation material templates.

Not in PR

2 Crisalli, Paul 1/7/22 0.4 875.00 $ 350.00 $ Review documents and develop related follow-up request for J. Roque (Luma) 

regarding fuel oil-related supplier payment history reports in response to 

AAFAF request for information.

Not in PR

2 Crisalli, Paul 1/7/22 3.7 875.00 $ 3,237.50 $ Update supporting analyses and related outputs for the December 2021 accounts 

receivable presentation materials for Luma and PREPA management.

Not in PR

2 San Miguel, 

Jorge

1/10/22 0.2 620.00 $ 124.00 $ Review the daily collection records update provided by P. Crisalli (ACG) in 

support of the January 2022 cash flow budget update.

PR

3 San Miguel, 

Jorge

1/10/22 0.3 620.00 $ 186.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan 

implementation updates. 

PR

2 Crisalli, Paul 1/10/22 0.4 875.00 $ 350.00 $ Correspond with E. Ortiz (PREPA) regarding GenCo and HoldCo outstanding 

RFIs related to the January 2022 cash flow budget.

Not in PR

3 Marino, 

Nicholas

1/10/22 0.6 495.00 $ 297.00 $ Review the Q1 FY 2022 PREPA overtime reporting data received from E. Ortiz 

(PREPA) due with the PREPA FY 2022 fiscal plan initiatives December 2021 

implementation reporting submission.

Not in PR

50 Porter, Lucas 1/10/22 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss the PREB rate order to inform 

discussion points for the 1/14/22 bi-weekly mediation call.

Not in PR

3 Porter, Lucas 1/10/22 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss updates on the FY 2023 budget 

development process.

Not in PR

2 Crisalli, Paul 1/10/22 1.6 875.00 $ 1,400.00 $ Update the diesel forecast support schedules to inform the January 2022 cash 

flow budget.

Not in PR

50 Crisalli, Paul 1/10/22 0.6 875.00 $ 525.00 $ Develop correspondence to Luma Customer Experience team regarding the 

active and inactive accounts receivable aging reports and Government accounts 

receivable aging report for December 2021.

Not in PR

50 Marino, 

Nicholas

1/10/22 1.7 495.00 $ 841.50 $ Aggregate PREPA-related news for J. San Miguel (ACG) and J. Smith (ACG) to 

inform discussion materials for the 1/14/22 bi-weekly mediation call.

Not in PR

2 Gil, Gerard 1/10/22 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding cash flow budget 

development updates and Generation Directorate budget development.

PR

2 Keys, Jamie 1/10/22 1.9 330.00 $ 627.00 $ Prepare the weekly cash flow outputs for the week ended 1/7/22 for review by P. 

Crisalli (ACG).

Not in PR

2 Keys, Jamie 1/10/22 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding the updated RFR tracker for use in 

the January 2022 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

1/10/22 0.7 620.00 $ 434.00 $ Review pension-related information in response to creditor stakeholder inquiries 

ahead of the 1/14/22 bi-weekly mediation call.

PR

2 San Miguel, 

Jorge

1/10/22 0.4 620.00 $ 248.00 $ Participate in discussion with P. Crisalli (ACG) regarding the emergency vendor 

payment status based on input received from N. Morales (PREPA) and DFMO 

representatives for use in the January 2022 cash flow budget.

PR

25 Parker, 

Christine

1/10/22 1.5 200.00 $ 300.00 $ Update Exhibits A, B and C of the Ankura December 2021 monthly fee 

statement for information currently available.

Not in PR

2 Crisalli, Paul 1/10/22 0.2 875.00 $ 175.00 $ Review the revised weekly cash flow forecast and provide comments to J. Keys 

(ACG).

Not in PR

Exhibit C

March 1, 2022 / #PR00055 6 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 200 of 229
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 1/10/22 0.5 875.00 $ 437.50 $ Review the weekly cash flow forecast and provide comments to J. Keys (ACG). Not in PR

50 San Miguel, 

Jorge

1/10/22 0.3 620.00 $ 186.00 $ Correspond with J. Smith (ACG) regarding updates to the agenda for the 

1/14/22 bi-weekly mediation call.

PR

3 Crisalli, Paul 1/10/22 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

2 Keys, Jamie 1/10/22 0.6 330.00 $ 198.00 $ Revise the weekly cash flow outputs for the week ended 1/7/22 per comments 

provided by P. Crisalli (ACG).

Not in PR

2 Gil, Gerard 1/10/22 0.4 500.00 $ 200.00 $ Participate on call with J. Keys (ACG), J. San Miguel (ACG), L. Porter (ACG), 

P. Crisalli (ACG), E. Ortiz (PREPA), C. Rodriguez (PREPA) and R. 

Zampierollo (PREPA) regarding status update for GenCo and HoldCo-related 

items to inform the January 2022 cash flow budget (partial).

PR

3 San Miguel, 

Jorge

1/10/22 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 Keys, Jamie 1/10/22 0.6 330.00 $ 198.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG), L. Porter 

(ACG), G. Gil (ACG), E. Ortiz (PREPA), C. Rodriguez (PREPA) and R. 

Zampierollo (PREPA) regarding status update for GenCo and HoldCo-related 

items to inform the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 1/10/22 0.4 500.00 $ 200.00 $ Participate on call with L. Porter (ACG) to discuss FY 2022 fiscal plan 

implementation reporting status. 

PR

3 San Miguel, 

Jorge

1/10/22 0.5 620.00 $ 310.00 $ Review presentation from J. Colon (PREPA) related to matters discussed with 

Fortaleza and key initiatives the under fiscal plan.

PR

2 San Miguel, 

Jorge

1/10/22 0.2 620.00 $ 124.00 $ Participate on call with C. Rodriguez (PREPA) regarding generation budgeting 

matters in support of the January 2022 cash flow budget update.

PR

2 Porter, Lucas 1/10/22 0.4 570.00 $ 228.00 $ Participate on call with J. Keys (ACG), J. San Miguel (ACG), P. Crisalli (ACG), 

G. Gil (ACG), E. Ortiz (PREPA), C. Rodriguez (PREPA) and R. Zampierollo 

(PREPA) regarding status update for GenCo and HoldCo-related items to 

inform the January 2022 cash flow budget (partial).

Not in PR

3 Porter, Lucas 1/10/22 0.3 570.00 $ 171.00 $ Participate on call with J. San Miguel (ACG) to discuss FY 2022 fiscal plan 

implementation updates. 

Not in PR

3 Keys, Jamie 1/10/22 0.3 330.00 $ 99.00 $ Participate on call with N. Marino (ACG), L. Porter (ACG), R. Arietta (SM) and 

L. Bauer (NR) regarding updates to the PREPA Annual Financial Information 

and Operation Data Report required for FY 2022 fiscal plan implementation.

Not in PR

2 Crisalli, Paul 1/10/22 0.4 875.00 $ 350.00 $ Review PUMA outstanding invoice and payment details to inform the weekly 

cash flow report.

Not in PR

51 Crisalli, Paul 1/10/22 0.7 875.00 $ 612.50 $ Review emergency supplier invoice information provided by PREPA DFMO 

and provide comments related to the same.

Not in PR

2 Crisalli, Paul 1/10/22 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 Marino, 

Nicholas

1/10/22 0.3 495.00 $ 148.50 $ Participate on call with J. Keys (ACG), L. Porter (ACG), R. Arietta (SM) and L. 

Bauer (NR) regarding updates to the PREPA Annual Financial Information and 

Operation Data Report required for FY 2022 fiscal plan implementation.

Not in PR

2 San Miguel, 

Jorge

1/10/22 0.6 620.00 $ 372.00 $ Participate on call with J. Keys (ACG), P. Crisalli (ACG), L. Porter (ACG), G. 

Gil (ACG), E. Ortiz (PREPA), C. Rodriguez (PREPA) and R. Zampierollo 

(PREPA) regarding status update for GenCo and HoldCo-related items to 

inform the January 2022 cash flow budget.

PR

50 San Miguel, 

Jorge

1/10/22 0.4 620.00 $ 248.00 $ Review creditor stakeholder inquiries ahead of the 1/14/22 bi-weekly mediation 

call.

PR

2 Crisalli, Paul 1/10/22 0.8 875.00 $ 700.00 $ Review the revised co-generation, LNG and renewables information provided 

by PREPA and Luma to inform the January 2022 cash flow budget.

Not in PR

60 Ciancanelli, 

John

1/10/22 0.3 665.00 $ 199.50 $ Participate on call with L. Costa (ACG) to discuss questions received from 

KPMG related to the CSA threshold for the 2019 Interest Rate SWAP valuation.

Not in PR

60 Ciancanelli, 

John

1/10/22 0.4 665.00 $ 266.00 $ Participate on call with J. San Miguel (ACG), L. Matias (PREPA) and KPMG 

representatives to discuss SWAP valuation matters in support of the 2019 

financial statement audit.

Not in PR

3 Porter, Lucas 1/10/22 0.4 570.00 $ 228.00 $ Participate on call with G. Gil (ACG) to discuss FY 2022 fiscal plan 

implementation reporting status. 

Not in PR

2 Keys, Jamie 1/10/22 0.9 330.00 $ 297.00 $ Review the current draft of the RFR tracker provided by S. Diaz (ARI) for use in 

the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 1/10/22 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss updates on FY 2023 budget 

development process.

PR

60 San Miguel, 

Jorge

1/10/22 0.4 620.00 $ 248.00 $ Participate on call with J. Ciancanelli (ACG), L. Matias (PREPA) and KPMG 

representatives to discuss SWAP valuation matters in support of the 2019 

financial statement audit.

PR

3 Marino, 

Nicholas

1/10/22 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

Exhibit C

March 1, 2022 / #PR00055 7 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 201 of 229
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 1/10/22 0.5 500.00 $ 250.00 $ Review the FY 2022 fiscal plan implementation report for November 2021 to 

inform development of the updated report.

PR

2 Crisalli, Paul 1/10/22 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 Marino, 

Nicholas

1/10/22 0.7 495.00 $ 346.50 $ Begin updating the PREPA FY 2022 fiscal plan initiatives December 2021 

implementation reporting presentation.

Not in PR

3 Keys, Jamie 1/10/22 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 Gil, Gerard 1/10/22 0.3 500.00 $ 150.00 $ Review FOMB correspondence regarding funding for the PREPA pension 

system.

PR

2 Crisalli, Paul 1/10/22 0.4 875.00 $ 350.00 $ Participate in discussion with J. San Miguel (ACG) regarding the emergency 

vendor payment status based on input received from N. Morales (PREPA) and 

DFMO representatives for use in the January 2022 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

1/10/22 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) and G. Gil (ACG) to discuss FY 

2022 and FY 2023 budget-related matters.

PR

2 Keys, Jamie 1/10/22 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding changes to the RFR 

tracker for use in the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/10/22 0.3 570.00 $ 171.00 $ Participate on call with N. Marino (ACG), J. Keys (ACG), R. Arietta (SM) and 

L. Bauer (NR) regarding updates to the PREPA Annual Financial Information 

and Operation Data Report required for FY 2022 fiscal plan implementation.

Not in PR

3 Porter, Lucas 1/10/22 0.2 570.00 $ 114.00 $ Participate on call with C. Cernuda (FW) to discuss the necessary maintenance 

expense analysis for the FY 2022 budget revision.

Not in PR

60 Costa, Lindsey 1/10/22 0.3 460.00 $ 138.00 $ Participate on call with J. Ciancanelli (ACG) to discuss questions received from 

KPMG related to the CSA threshold for the 2019 Interest Rate SWAP valuation.

Not in PR

50 San Miguel, 

Jorge

1/10/22 0.2 620.00 $ 124.00 $ Review the Luma collections data update, provided by P. Crisalli (ACG), to 

inform discussion points for the 1/14/22 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

1/10/22 0.9 495.00 $ 445.50 $ Begin updating the PREPA FY 2022 fiscal plan initiatives December 2021 

implementation reporting master working file.

Not in PR

50 Gil, Gerard 1/10/22 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss the PREB rate order to 

inform discussion points for the 1/14/22 bi-weekly mediation call.

PR

2 Crisalli, Paul 1/10/22 0.3 875.00 $ 262.50 $ Prepare for call with PREPA regarding status update for GenCo and HoldCorelated items for the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 1/10/22 0.4 500.00 $ 200.00 $ Participate on call with N. Morales (PREPA) and J. San Miguel (ACG) to 

discuss FY 2022 and FY 2023 budget-related matters.

PR

2 Crisalli, Paul 1/10/22 0.3 875.00 $ 262.50 $ Correspond with Luma regarding the revised insurance account forecast related 

to the January 2022 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

1/10/22 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding cash flow budget 

development updates and Generation Directorate budget development.

PR

3 Porter, Lucas 1/10/22 0.8 570.00 $ 456.00 $ Review the draft monthly fiscal plan reporting materials received from N. 

Marino (ACG) to inform January 2022 reporting.

Not in PR

3 Keys, Jamie 1/10/22 0.5 330.00 $ 165.00 $ Review the summary of monthly accounts receivable reports due 1/15/22 

provided by P. Crisalli (ACG).

Not in PR

2 Crisalli, Paul 1/10/22 2.2 875.00 $ 1,925.00 $ Review and analyze draft GridCo disbursements for the January 2022 cash flow 

budget and provide comments to Luma.

Not in PR

2 Crisalli, Paul 1/10/22 0.6 875.00 $ 525.00 $ Participate on call with J. Keys (ACG), J. San Miguel (ACG), L. Porter (ACG), 

G. Gil (ACG), E. Ortiz (PREPA), C. Rodriguez (PREPA) and R. Zampierollo 

(PREPA) regarding status update for GenCo and HoldCo-related items to 

inform the January 2022 cash flow budget.

Not in PR

3 Marino, 

Nicholas

1/11/22 0.6 495.00 $ 297.00 $ Update the PREPA FY 2022 fiscal plan initiatives December 2021 

implementation reporting master working file following call with L. Porter 

(ACG), G. Gil (ACG) and R. Zampierollo (PREPA).

Not in PR

51 Keys, Jamie 1/11/22 0.6 330.00 $ 198.00 $ Participate on telephone call with J. Rosado (ARI) regarding the amount of 

emergency vendor invoices included in the next RFR.

Not in PR

2 Crisalli, Paul 1/11/22 0.7 875.00 $ 612.50 $ Participate on call with J. Keys (ACG), K. Kostyk (Luma), L. Galan (Luma) and 

P. Ramirez (Luma) regarding GridCo assumptions for the January 2022 cash 

flow budget.

Not in PR

2 San Miguel, 

Jorge

1/11/22 0.2 620.00 $ 124.00 $ Review the NFE and Naturgy cash flow LNG projection data update provided 

by P. Crisalli (ACG) to inform the January 2022 cash flow budget.

PR

2 Crisalli, Paul 1/11/22 0.2 875.00 $ 175.00 $ Revise the FET and Operator Service Fees forecast for the January 2022 cash 

flow budget based on updated invoice information provided by Luma.

Not in PR

2 Keys, Jamie 1/11/22 1.2 330.00 $ 396.00 $ Review the first draft of fuel payments for use in the January 2022 cash flow 

budget.

Not in PR

2 Crisalli, Paul 1/11/22 0.4 875.00 $ 350.00 $ Revise the renewables forecast for the January 2022 cash flow budget based on 

updated invoice information provided by Luma.

Not in PR

2 Crisalli, Paul 1/11/22 0.4 875.00 $ 350.00 $ Correspond with E. Ortiz (PREPA) regarding P3 Authority transaction costs 

assumptions for the January 2022 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

1/11/22 0.4 620.00 $ 248.00 $ Review materials provided by M. DiConza (OMM) in support of response to the 

RFI from creditor stakeholders related to pension and funding matters.

PR

Exhibit C

March 1, 2022 / #PR00055 8 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 202 of 229
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

1/11/22 0.7 620.00 $ 434.00 $ Participate on call with L. Porter (ACG), G. Gil (ACG) and representatives from 

O'Melveny & Myers and AAFAF to discuss pension funding matters to address 

creditor stakeholder inquiries.

PR

3 Gil, Gerard 1/11/22 0.7 500.00 $ 350.00 $ Review and analyze due diligence requests from UCC and fuel line lenders in 

relation to PREPA pension costs.

PR

3 Porter, Lucas 1/11/22 0.7 570.00 $ 399.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and N. Marino 

(ACG) to develop the FY 2022 fiscal plan monthly report for January 2022.

Not in PR

2 Crisalli, Paul 1/11/22 0.5 875.00 $ 437.50 $ Review the PREB resolution and order regarding January to March 2022 fuel 

cost adjustment to inform the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 1/11/22 0.5 500.00 $ 250.00 $ Review the draft FY 2022 fiscal plan implementation report in preparation for 

call with R. Zampierollo (PREPA).

PR

50 Gil, Gerard 1/11/22 0.7 500.00 $ 350.00 $ Participate on call with J. San Miguel (ACG), L. Porter (ACG) and 

representatives from O'Melveny & Myers and AAFAF to discuss pension 

funding matters to address creditor stakeholder inquiries.

PR

50 San Miguel, 

Jorge

1/11/22 0.9 620.00 $ 558.00 $ Revise draft response to the RFI from creditor stakeholders related to PREPA 

pension and funding matters.

PR

50 Smith, James 1/11/22 1.1 750.00 $ 825.00 $ Review recent news, government and regulatory information related to Luma 

and PREPA in preparation for the 1/14/22 bi-weekly mediation call.

Not in PR

3 Crisalli, Paul 1/11/22 2.2 875.00 $ 1,925.00 $ Review the December 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

2 Keys, Jamie 1/11/22 2.2 330.00 $ 726.00 $ Prepare the cash flow budget file for inputs to be used in the January 2022 cash 

flow budget.

Not in PR

50 San Miguel, 

Jorge

1/11/22 0.8 620.00 $ 496.00 $ Review the PREB docket filings related to PREPA and Luma to inform 

discussion points for the 1/14/22 bi-weekly mediation call.

PR

2 Crisalli, Paul 1/11/22 0.6 875.00 $ 525.00 $ Update the Bunker C forecast for the January 2022 cash flow budget based on 

updated invoice information provided by Luma.

Not in PR

2 Keys, Jamie 1/11/22 0.6 330.00 $ 198.00 $ Review the first draft of professional service payments for use in the January 

2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/11/22 1.4 875.00 $ 1,225.00 $ Prepare the fuel and purchased power-related assumptions and support 

schedules for the January 2022 cash flow budget for J. Keys (ACG).

Not in PR

2 Crisalli, Paul 1/11/22 0.6 875.00 $ 525.00 $ Update the January 2022 cash flow budget work plan and RFI tracker for current 

correspondence and revised templates.

Not in PR

3 San Miguel, 

Jorge

1/11/22 0.2 620.00 $ 124.00 $ Review the RFI from AAFAF representatives, provided by P. Crisalli (ACG), 

related to PREPA litigation matters.

PR

50 Keys, Jamie 1/11/22 0.5 330.00 $ 165.00 $ Review the summary of monthly accounts receivable reports due 1/27/22 

provided by P. Crisalli (ACG).

Not in PR

2 Keys, Jamie 1/11/22 0.7 330.00 $ 231.00 $ Participate on call with P. Crisalli (ACG), K. Kostyk (Luma), L. Galan (Luma) 

and P. Ramirez (Luma) regarding GridCo assumptions for the January 2022 

cash flow budget.

Not in PR

2 Crisalli, Paul 1/11/22 1.2 875.00 $ 1,050.00 $ Update the diesel forecast for the January 2022 cash flow budget based on 

updated invoice information provided by Luma and Novum Energy.

Not in PR

2 Crisalli, Paul 1/11/22 0.3 875.00 $ 262.50 $ Revise the AES forecast for the January 2022 cash flow budget based on 

updated invoice information provided by Luma.

Not in PR

2 Crisalli, Paul 1/11/22 0.2 875.00 $ 175.00 $ Prepare the customer collections related assumptions and support schedules for 

the January 2022 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

1/11/22 0.5 620.00 $ 310.00 $ Review the cash flow and financial-related update provided by P. Crisalli 

(ACG) to inform discussion points for the 1/14/22 bi-weekly mediation call.

PR

3 Porter, Lucas 1/11/22 0.9 570.00 $ 513.00 $ Review pension-related presentation materials to inform responses to questions 

discussed with J. San Miguel (ACG), G. Gil (ACG), O'Melveny & Myers and 

AAFAF.

Not in PR

3 Marino, 

Nicholas

1/11/22 0.7 495.00 $ 346.50 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and L. Porter 

(ACG) to develop the FY 2022 fiscal plan monthly report for January 2022.

Not in PR

3 Gil, Gerard 1/11/22 0.4 500.00 $ 200.00 $ Review and analyze materials regarding pension reform in preparation for 

upcoming meeting with AAFAF and O'Melveny & Myers.

PR

50 Porter, Lucas 1/11/22 0.7 570.00 $ 399.00 $ Participate on call with J. San Miguel (ACG), G. Gil (ACG) and representatives 

from O'Melveny & Myers and AAFAF to discuss pension funding matters to 

address creditor stakeholder inquiries.

Not in PR

2 Crisalli, Paul 1/11/22 0.3 875.00 $ 262.50 $ Review accounts payable aging and develop related correspondence to J. Roque 

(Luma) regarding outstanding fleet and storage-related invoices to inform the 

January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/11/22 1.9 875.00 $ 1,662.50 $ Update the December 2021 accounts receivable presentation materials for Luma 

and PREPA management.

Not in PR

2 Keys, Jamie 1/11/22 0.4 330.00 $ 132.00 $ Review the first draft of collections data for use in the January 2022 cash flow 

budget.

Not in PR

3 Gil, Gerard 1/11/22 0.7 500.00 $ 350.00 $ Participate on call with R. Zampierollo (PREPA), L. Porter (ACG) and N. 

Marino (ACG) to develop the FY 2022 fiscal plan monthly report for January 

2022.

PR

Exhibit C

March 1, 2022 / #PR00055 9 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 203 of 229
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 1/11/22 0.2 875.00 $ 175.00 $ Prepare correspondence to Luma and PREPA management regarding the 

December 2021 monthly fiscal plan-related accounts receivable reports for 

residential, commercial, industrial, government and other customers.

Not in PR

2 Crisalli, Paul 1/11/22 0.5 875.00 $ 437.50 $ Update the executive summary for the December 2021 accounts receivable 

presentation materials for Luma and PREPA management.

Not in PR

25 Parker, 

Christine

1/11/22 1.2 200.00 $ 240.00 $ Review Exhibit C to the Ankura December 2021 monthly fee statement for 

information currently assembled.

Not in PR

2 Crisalli, Paul 1/11/22 0.3 875.00 $ 262.50 $ Prepare for call with Luma regarding GridCo assumptions for the January 2022 

cash flow budget.

Not in PR

50 Keys, Jamie 1/12/22 0.5 330.00 $ 165.00 $ Participate on telephone call with S. Diaz (ARI) regarding updates to the project 

worksheet status report for use in updating the FEMA flash report.

Not in PR

50 Crisalli, Paul 1/12/22 0.3 875.00 $ 262.50 $ Revise cash flow and liquidity talking points for the 1/14/22 bi-weekly 

mediation call.

Not in PR

2 Keys, Jamie 1/12/22 0.9 330.00 $ 297.00 $ Update the January 2022 cash flow budget for additional fuel information 

provided by P. Crisalli (ACG).

Not in PR

3 Gil, Gerard 1/12/22 0.5 500.00 $ 250.00 $ Participate on call with N. Marino (ACG) regarding PREPA FY 2022 fiscal plan 

initiatives December 2021 implementation reporting.

PR

50 Crisalli, Paul 1/12/22 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 1/12/22 0.3 875.00 $ 262.50 $ Prepare follow-up correspondence with Luma and PREPA teams regarding open 

items related to the January 2022 cash flow budget.

Not in PR

3 Marino, 

Nicholas

1/12/22 0.5 495.00 $ 247.50 $ Participate on call with G. Gil (ACG) regarding PREPA FY 2022 fiscal plan 

initiatives December 2021 implementation reporting.

Not in PR

50 Crisalli, Paul 1/12/22 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

50 Keys, Jamie 1/12/22 0.3 330.00 $ 99.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

3 Porter, Lucas 1/12/22 1.5 570.00 $ 855.00 $ Prepare the generation operational report for the week ending 1/9/22 based on 

data received from G. Soto (Luma) for FOMB as required by the PREPA FY 

2022 fiscal plan.

Not in PR

2 Crisalli, Paul 1/12/22 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

2 Keys, Jamie 1/12/22 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding the current status of the January 

2022 cash flow budget.

Not in PR

2 Gil, Gerard 1/12/22 0.7 500.00 $ 350.00 $ Participate on call with P. Crisalli (ACG) and L. Porter (ACG) to discuss fuel 

cost-related matters to inform the January 2022 cash flow budget forecast 

update.

PR

3 Porter, Lucas 1/12/22 1.0 570.00 $ 570.00 $ Prepare draft responses to questions from J. San Miguel (ACG) related to the 

FY 2022 fiscal plan pension initiative.

Not in PR

50 Porter, Lucas 1/12/22 0.8 570.00 $ 456.00 $ Review update meeting notes from J. San Miguel (ACG) for the 1/14/22 biweekly mediation call.Not in PR

50 Smith, James 1/12/22 1.2 750.00 $ 900.00 $ Prepare initial draft notes for the 1/14/22 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

50 Marino, 

Nicholas

1/12/22 0.6 495.00 $ 297.00 $ Continue aggregating PREPA-related news for J. San Miguel (ACG) and J. 

Smith (ACG) to inform discussion materials for the 1/14/22 bi-weekly 

mediation call.

Not in PR

3 San Miguel, 

Jorge

1/12/22 0.4 620.00 $ 248.00 $ Review documents to inform request for information to A. Rodriguez (PREPA) 

as requested by AAFAF related to PREPA litigation matters.

PR

6 Porter, Lucas 1/12/22 0.4 570.00 $ 228.00 $ Prepare and send responding information on generation system status to E. 

Smith (FTI) for the P3 Authority generation transformation transaction process.

Not in PR

50 Crisalli, Paul 1/12/22 3.4 875.00 $ 2,975.00 $ Prepare analysis of billed revenue and fuel and purchased power budget versus 

actual variances for J. San Miguel (ACG) to inform notes for the 1/14/22 biweekly mediation call.

Not in PR

2 Crisalli, Paul 1/12/22 1.2 875.00 $ 1,050.00 $ Revise the fuel and purchased power forecast for the January 2022 cash flow 

budget based on revised information provided by Luma.

Not in PR

50 San Miguel, 

Jorge

1/12/22 0.4 620.00 $ 248.00 $ Participate on call with P. Crisalli (ACG) to review the updated cash flow 

variance report to inform the 1/14/22 bi-weekly mediation call.

PR

50 San Miguel, 

Jorge

1/12/22 1.0 620.00 $ 620.00 $ Review and provide comments to the draft update agenda for the 1/14/22 biweekly mediation call.PR

3 Porter, Lucas 1/12/22 1.3 570.00 $ 741.00 $ Participate in working session with R. Zampierollo (PREPA) and G. Gil (ACG) 

to prepare the draft January 2022 monthly report to the FOMB as required by 

the FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 1/12/22 0.5 570.00 $ 285.00 $ Prepare request for N. Marino (ACG) to summarize FY 2022 fiscal plan-related 

workstreams and deliverables.

Not in PR

3 San Miguel, 

Jorge

1/12/22 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding the RFI from AAFAF 

related to PREPA pending litigation matters.

PR

3 Porter, Lucas 1/12/22 0.2 570.00 $ 114.00 $ Review and revise the updated fleet status report provided by J. Smith (ACG) 

for the 1/9/22 generation operating report submittal to FOMB required by the 

FY 2022 certified fiscal plan.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 10 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 204 of 229
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

1/12/22 0.3 620.00 $ 186.00 $ Participate on call with AAFAF representatives regarding fiscal plan 

amendments and pension reform matters.

PR

3 Porter, Lucas 1/12/22 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 

1/9/22 required by the FY 2022 certified fiscal plan.

Not in PR

50 Porter, Lucas 1/12/22 1.3 570.00 $ 741.00 $ Review 12/30/21 PREB rate order documents to inform revisions to meeting 

notes from J. San Miguel (ACG) for the 1/14/22 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 1/12/22 0.4 875.00 $ 350.00 $ Participate in discussion with J. San Miguel (ACG) regarding status of cash 

flow budget updates from PREPA and proposed next steps to discuss with E. 

Ortiz (PREPA).

Not in PR

50 Keys, Jamie 1/12/22 0.7 330.00 $ 231.00 $ Review the project worksheet status report provided by S. Diaz (ARI) for use in 

updating the FEMA flash report.

Not in PR

2 Crisalli, Paul 1/12/22 0.6 875.00 $ 525.00 $ Review the daily government collection support files provided by J. Roque 

(Luma) to inform the January 2022 cash flow budget customer collections 

forecast.

Not in PR

50 San Miguel, 

Jorge

1/12/22 0.7 620.00 $ 434.00 $ Review cash flow budget projection updates from PREPA related to permanent 

work, fuel, accounts payable, energy purchases, collections and NME to prepare 

for the 1/14/22 bi-weekly mediation call.

PR

3 Gil, Gerard 1/12/22 1.3 500.00 $ 650.00 $ Participate in working session with R. Zampierollo (PREPA) and L. Porter 

(ACG) to prepare the draft January 2022 monthly report to the FOMB as 

required by the FY 2022 fiscal plan.

PR

2 Keys, Jamie 1/12/22 0.7 330.00 $ 231.00 $ Review updated fuel inputs for use in the January 2022 cash flow budget. Not in PR

50 Smith, James 1/12/22 1.1 750.00 $ 825.00 $ Prepare the 2021 annual operating summary for inclusion in the fleet status 

report for discussion during the 1/14/22 bi-weekly mediation call.

Not in PR

2 Keys, Jamie 1/12/22 0.5 330.00 $ 165.00 $ Update the January 2022 cash flow budget for additional collections information 

provided by P. Crisalli (ACG).

Not in PR

25 Parker, 

Christine

1/12/22 3.1 200.00 $ 620.00 $ Assemble time descriptions for the period 12/19/21 - 12/25/21 for inclusion in 

the Ankura December 2021 monthly fee statement.

Not in PR

50 San Miguel, 

Jorge

1/12/22 0.7 620.00 $ 434.00 $ Participate in discussion with P. Crisalli (ACG) regarding updated cash flow 

and liquidity information to inform the 1/14/22 bi-weekly mediation call.

PR

2 Porter, Lucas 1/12/22 0.7 570.00 $ 399.00 $ Participate on call with P. Crisalli (ACG) and G. Gil (ACG) to discuss fuel costrelated matters to inform the January 2022 cash flow budget forecast update.Not in PR

50 Keys, Jamie 1/12/22 0.3 330.00 $ 99.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

50 San Miguel, 

Jorge

1/12/22 0.4 620.00 $ 248.00 $ Review and prepare responses to inquiries related to the 1/14/22 bi-weekly 

mediation call regarding energy rates and federal funding from FEMA and 

COR3.

PR

50 Smith, James 1/12/22 0.5 750.00 $ 375.00 $ Participate on call with G. Soto (Luma) to discuss generation system updates for 

the 1/14/22 bi-weekly mediation call.

Not in PR

50 Keys, Jamie 1/12/22 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

2 Crisalli, Paul 1/12/22 0.5 875.00 $ 437.50 $ Finalize the cash flow reporting for week ended 1/7/22. Not in PR

2 Crisalli, Paul 1/12/22 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 Keys, Jamie 1/12/22 0.9 330.00 $ 297.00 $ Prepare the weekly FEMA flash report for the week ended 1/7/22 for review by 

P. Crisalli (ACG).

Not in PR

50 Keys, Jamie 1/12/22 0.5 330.00 $ 165.00 $ Prepare the weekly reporting package for distribution. Not in PR

3 Crisalli, Paul 1/12/22 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding the RFI from 

AAFAF related to PREPA pending litigation matters.

Not in PR

3 Porter, Lucas 1/12/22 0.4 570.00 $ 228.00 $ Participate on call with R. Zampierollo (PREPA), R. Rivera (PREPA) and S. 

Valentin (Luma) to discuss overtime data to inform FY 2022 fiscal plan 

reporting.

Not in PR

50 Porter, Lucas 1/12/22 0.5 570.00 $ 285.00 $ Prepare comments on the 12/30/21 PREB rate order for J. San Miguel (ACG) to 

inform discussion points for the 1/14/22 bi-weekly mediation call.

Not in PR

50 Crisalli, Paul 1/12/22 0.4 875.00 $ 350.00 $ Participate on call with J. San Miguel (ACG) to review the updated cash flow 

variance report to inform the 1/14/22 bi-weekly mediation call.

Not in PR

2 Crisalli, Paul 1/12/22 0.7 875.00 $ 612.50 $ Participate on call with L. Porter (ACG) and G. Gil (ACG) to discuss fuel costrelated matters to inform the January 2022 cash flow budget forecast update.Not in PR

50 Keys, Jamie 1/12/22 0.6 330.00 $ 198.00 $ Review the current draft of the 1/14/22 bi-weekly mediation call agenda. Not in PR

50 Porter, Lucas 1/12/22 0.8 570.00 $ 456.00 $ Prepare updated rate analysis for J. San Miguel (ACG) to explain FY 2022 rates 

for the 1/14/22 bi-weekly mediation call.

Not in PR

50 Crisalli, Paul 1/12/22 0.7 875.00 $ 612.50 $ Participate in discussion with J. San Miguel (ACG) regarding updated cash flow 

and liquidity information to inform the 1/14/22 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

1/12/22 1.4 620.00 $ 868.00 $ Review and edit draft agenda update for the 1/14/22 bi-weekly mediation call. PR

3 Porter, Lucas 1/12/22 0.2 570.00 $ 114.00 $ Review questions from J. San Miguel (ACG) related to the FY 2022 fiscal plan 

pension initiative.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 11 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 205 of 229
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 1/12/22 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

50 San Miguel, 

Jorge

1/12/22 1.5 620.00 $ 930.00 $ Review regulatory filings by PREB, PREPA and Luma related to energy rates, 

permanent work and generation plants to inform updates for the 1/14/22 biweekly mediation call.

PR

2 San Miguel, 

Jorge

1/12/22 0.4 620.00 $ 248.00 $ Participate in discussion with P. Crisalli (ACG) regarding status of cash flow 

budget updates from PREPA and proposed next steps to discuss with E. Ortiz 

(PREPA).

PR

3 Porter, Lucas 1/12/22 0.2 570.00 $ 114.00 $ Prepare request to I. Perez (P3A) regarding the Generation P3 process update 

for FY 2022 fiscal plan reporting to the FOMB.

Not in PR

50 Porter, Lucas 1/13/22 0.6 570.00 $ 342.00 $ Participate on call with J. Smith (ACG) to discuss creditor agenda discussion 

points for the 1/14/22 bi-weekly mediation call.

Not in PR

25 Parker, 

Christine

1/13/22 1.5 200.00 $ 300.00 $ Review Exhibit C to the Ankura December 2021 monthly fee statement for 

information currently assembled.

Not in PR

3 Marino, 

Nicholas

1/13/22 0.2 495.00 $ 99.00 $ Continue updating the PREPA FY 2022 fiscal plan initiatives December 2021 

implementation reporting presentation.

Not in PR

3 San Miguel, 

Jorge

1/13/22 0.2 620.00 $ 124.00 $ Participate on call with N. Morales (PREPA) regarding financials statement 

audit matters.

PR

50 Smith, James 1/13/22 1.2 750.00 $ 900.00 $ Update the draft outline for the 1/14/22 bi-weekly mediation call based on 

comments received from J. San Miguel (ACG).

Not in PR

50 Porter, Lucas 1/13/22 0.7 570.00 $ 399.00 $ Prepare responses to additional questions discussed with J. Keys (ACG) for J. 

San Miguel (ACG) to inform discussion points for the 1/14/22 bi-weekly 

mediation call.

Not in PR

51 Crisalli, Paul 1/13/22 0.4 875.00 $ 350.00 $ Participate on call with N. Morales (PREPA), S. Diaz (ARI), J. Rosado (ARI), J. 

Keys (ACG), J. San Miguel (ACG) and other PREPA and Luma representatives 

regarding reconciliation of emergency vendor invoices.

Not in PR

50 Porter, Lucas 1/13/22 0.9 570.00 $ 513.00 $ Prepare the revised rate analysis for J. San Miguel (ACG) to respond to creditor 

inquiries for the 1/14/22 bi-weekly mediation call.

Not in PR

50 Keys, Jamie 1/13/22 0.2 330.00 $ 66.00 $ Correspond with N. Marino (ACG) regarding notes related to open creditor 

questions.

Not in PR

2 San Miguel, 

Jorge

1/13/22 0.4 620.00 $ 248.00 $ Participate on call with M. DiConza (OMM), E. Nieves (PREPA), R. 

Zampierollo (PREPA) and S. Diaz (ARI) to discuss emergency vendor RFR 

process with FEMA and COR3 to inform the updated 13-week cash flow 

budget.

PR

60 Costa, Lindsey 1/13/22 4.2 460.00 $ 1,932.00 $ Conduct research on audit questions received from KPMG regarding the CSA 

threshold for the 2019 Interest Rate SWAP valuation.

Not in PR

3 Marino, 

Nicholas

1/13/22 0.4 495.00 $ 198.00 $ Update the PREPA FY 2022 fiscal plan initiatives December 2021 

implementation reporting master working file per OSHA data received from F. 

Osorio (PREPA).

Not in PR

51 San Miguel, 

Jorge

1/13/22 0.4 620.00 $ 248.00 $ Revise and update team structure and execution plan with PREPA and Luma for 

emergency vendor matters.

PR

50 Smith, James 1/13/22 0.6 750.00 $ 450.00 $ Participate on call with L. Porter (ACG) to discuss creditor agenda discussion 

points for the 1/14/22 bi-weekly mediation call.

Not in PR

50 Porter, Lucas 1/13/22 0.8 570.00 $ 456.00 $ Review comments on pension-related matters from M. DiConza (OMM) to 

inform discussion points for the 1/14/22 bi-weekly mediation call.

Not in PR

51 Keys, Jamie 1/13/22 0.4 330.00 $ 132.00 $ Participate on call with N. Morales (PREPA), S. Diaz (ARI), J. Rosado (ARI), 

P. Crisalli (ACG), J. San Miguel (ACG) and other PREPA and Luma 

representatives regarding reconciliation of emergency vendor invoices.

Not in PR

2 San Miguel, 

Jorge

1/13/22 0.4 620.00 $ 248.00 $ Participate on call with E. Ortiz (PREPA), P. Crisalli (ACG) and J. Keys (ACG) 

regarding open items related to the January 2022 cash flow budget.

PR

2 Keys, Jamie 1/13/22 0.4 330.00 $ 132.00 $ Review the open items list for the January 2022 cash flow budget provided by P. 

Crisalli (ACG).

Not in PR

3 Marino, 

Nicholas

1/13/22 0.4 495.00 $ 198.00 $ Review the Q1 and Q2 FY 2022 PREPA overtime reporting data received from 

H. Rivera (PREPA) regarding PREPA FY 2022 fiscal plan initiatives 

implementation reporting.

Not in PR

2 Keys, Jamie 1/13/22 1.5 330.00 $ 495.00 $ Update the January 2022 cash flow budget for additional inputs provided by P. 

Crisalli (ACG).

Not in PR

50 Smith, James 1/13/22 1.0 750.00 $ 750.00 $ Prepare the fleet status report for distribution to creditors for the 1/14/22 biweekly mediation call.

Not in PR

3 Marino, 

Nicholas

1/13/22 1.3 495.00 $ 643.50 $ Revise the prior PREPA FY 2022 fiscal plan overtime data reporting for July 

2021 working file following receipt of updated data from H. Rivera (PREPA).

Not in PR

50 Keys, Jamie 1/13/22 0.6 330.00 $ 198.00 $ Prepare list of open creditor questions for distribution to Ankura team. Not in PR

51 San Miguel, 

Jorge

1/13/22 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA), S. Diaz (ARI), J. Rosado (ARI), J. 

Keys (ACG), P. Crisalli (ACG) and other PREPA and Luma representatives 

regarding reconciliation of emergency vendor invoices.

PR

50 Keys, Jamie 1/13/22 0.6 330.00 $ 198.00 $ Review the current draft of the 1/14/22 bi-weekly mediation meeting agenda. Not in PR

51 Keys, Jamie 1/13/22 0.3 330.00 $ 99.00 $ Prepare a summary of open items related to emergency vendor invoices for 

review by J. San Miguel (ACG).

Not in PR

Exhibit C

March 1, 2022 / #PR00055 12 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 206 of 229
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 1/13/22 1.2 500.00 $ 600.00 $ Analyze the PREB order on fuel and purchased power to inform response to the 

request for information from creditor advisors.

PR

50 Smith, James 1/13/22 0.6 750.00 $ 450.00 $ Review the PREB regulatory docket and filings related to PREPA and Luma in 

preparation for the 1/14/22 bi-weekly mediation call.

Not in PR

2 Keys, Jamie 1/13/22 2.5 330.00 $ 825.00 $ Update the January 2022 cash flow budget for additional inputs provided by P. 

Crisalli (ACG).

Not in PR

25 Parker, 

Christine

1/13/22 1.4 200.00 $ 280.00 $ Update Exhibits A, B and C of the Ankura December 2021 monthly fee 

statement for information currently available.

Not in PR

50 San Miguel, 

Jorge

1/13/22 0.3 620.00 $ 186.00 $ Participate on call with J. Smith (ACG) to discuss agenda updates for the 

1/14/22 bi-weekly mediation call.

PR

50 Gil, Gerard 1/13/22 0.9 500.00 $ 450.00 $ Review and provide commentary to materials for the 1/14/22 bi-weekly 

mediation call.

PR

2 Crisalli, Paul 1/13/22 0.3 875.00 $ 262.50 $ Review the daily cash report and send follow-up request to Luma regarding 

GridCo payroll.

Not in PR

51 San Miguel, 

Jorge

1/13/22 0.5 620.00 $ 310.00 $ Prepare structure and work plan for Luma and PREPA to process remaining 

invoices with FEMA and COR3 related to emergency vendor payments.

PR

3 Marino, 

Nicholas

1/13/22 1.2 495.00 $ 594.00 $ Revise the prior PREPA FY 2022 fiscal plan overtime data reporting for 

September 2021 working file following receipt of updated data from H. Rivera 

(PREPA).

Not in PR

50 Smith, James 1/13/22 0.5 750.00 $ 375.00 $ Update the draft outline for the 1/14/22 bi-weekly mediation call based on 

materials received from N. Marino (ACG) and other relevant news and 

regulatory information. 

Not in PR

50 Porter, Lucas 1/13/22 0.3 570.00 $ 171.00 $ Participate on call with J. Keys (ACG) to discuss responses to creditor inquiries 

in advance of the 1/14/22 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

1/13/22 0.3 620.00 $ 186.00 $ Participate on call with L. Porter (ACG) to discuss creditor inquiries for the 

1/14/22 bi-weekly mediation call.

PR

3 Marino, 

Nicholas

1/13/22 1.6 495.00 $ 792.00 $ Update the prior PREPA fiscal plan overtime data reporting working file for 

changes to the FY 2022 budget.

Not in PR

50 San Miguel, 

Jorge

1/13/22 3.3 620.00 $ 2,046.00 $ Revise and update agenda report for the 1/14/22 bi-weekly mediation call and 

circulate to the O'Melveny & Myers and Ankura team.

PR

50 San Miguel, 

Jorge

1/13/22 0.2 620.00 $ 124.00 $ Review draft response from L. Porter (ACG) to inquiry from FOMB related to 

energy rates resulting from creditor call.

PR

50 Keys, Jamie 1/13/22 0.3 330.00 $ 99.00 $ Participate on call with L. Porter (ACG) to discuss responses to creditor 

inquiries in advance of the 1/14/22 bi-weekly mediation call.

Not in PR

3 Marino, 

Nicholas

1/13/22 1.1 495.00 $ 544.50 $ Revise the prior PREPA FY 2022 fiscal plan overtime data reporting for August 

2021 working file following receipt of updated data from H. Rivera (PREPA).

Not in PR

2 Keys, Jamie 1/13/22 0.9 330.00 $ 297.00 $ Update the outputs schedule for the January 2022 cash flow budget. Not in PR

50 Keys, Jamie 1/13/22 0.3 330.00 $ 99.00 $ Participate on call with P. Crisalli (ACG) regarding creditor questions related to 

the FEMA flash report.

Not in PR

2 Keys, Jamie 1/13/22 0.7 330.00 $ 231.00 $ Update the cash flow support schedules of the January 2022 cash flow budget. Not in PR

2 Keys, Jamie 1/13/22 0.4 330.00 $ 132.00 $ Participate on call with E. Ortiz (PREPA), J. San Miguel (ACG) and P. Crisalli 

(ACG) regarding open items related to the January 2022 cash flow budget.

Not in PR

2 Keys, Jamie 1/13/22 0.6 330.00 $ 198.00 $ Review draft January 2022 cash flow budget information provided by K. Kostyk 

(Luma).

Not in PR

2 Crisalli, Paul 1/13/22 0.2 875.00 $ 175.00 $ Participate on call with J. Keys (ACG) and J. San Miguel (ACG) to discuss 

timing of FEMA reimbursements to inform the 13-week cash flow budget 

update.

Not in PR

3 Gil, Gerard 1/13/22 0.5 500.00 $ 250.00 $ Participate on call with A. Rodriguez (PREPA) to discuss implementation of FY 

2022 fiscal plan initiative on corporate reorganization, as well as various cash 

flow-related issues.

PR

3 Porter, Lucas 1/13/22 0.5 570.00 $ 285.00 $ Revise draft responses related to the FY 2022 fiscal plan pension initiative prior 

to distribution to J. San Miguel (ACG) and AAFAF.

Not in PR

2 San Miguel, 

Jorge

1/13/22 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) and J. Keys (ACG) to discuss timing 

of FEMA reimbursements to inform the 13-week cash flow budget update.

PR

50 Smith, James 1/13/22 0.3 750.00 $ 225.00 $ Participate on call with J. San Miguel (ACG) to discuss agenda updates for the 

1/14/22 bi-weekly mediation call.

Not in PR

3 Crisalli, Paul 1/13/22 0.4 875.00 $ 350.00 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 1/7/22.

Not in PR

25 Parker, 

Christine

1/13/22 1.9 200.00 $ 380.00 $ Assemble time descriptions for the period 12/26/21 - 12/31/21 for inclusion in 

the Ankura December 2021 monthly fee statement.

Not in PR

2 Crisalli, Paul 1/13/22 0.4 875.00 $ 350.00 $ Participate on call with E. Ortiz (PREPA), J. San Miguel (ACG) and J. Keys 

(ACG) regarding open items related to the January 2022 cash flow budget.

Not in PR

50 Keys, Jamie 1/13/22 0.6 330.00 $ 198.00 $ Prepare the weekly cash flow and liquidity related files for FOMB fiscal plan 

reporting purposes.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 13 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 207 of 229
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 1/13/22 0.2 330.00 $ 66.00 $ Participate on call with P. Crisalli (ACG) and J. San Miguel (ACG) to discuss 

timing of FEMA reimbursements to inform the 13-week cash flow budget 

update.

Not in PR

25 Keys, Jamie 1/13/22 0.7 330.00 $ 231.00 $ Review the Ankura December 2021 monthly fee statement provided by C. 

Parker (ACG).

Not in PR

50 Crisalli, Paul 1/13/22 0.3 875.00 $ 262.50 $ Participate on call with J. Keys (ACG) regarding creditor questions related to 

the FEMA flash report.

Not in PR

50 Porter, Lucas 1/13/22 0.3 570.00 $ 171.00 $ Participate on call with J. San Miguel (ACG) to discuss creditor inquiries for the 

1/14/22 bi-weekly mediation call.

Not in PR

50 San Miguel, 

Jorge

1/14/22 0.3 620.00 $ 186.00 $ Participate on call with J. Keys (ACG) to discuss the federal funding flash report 

to inform the bi-weekly mediation call.

PR

3 San Miguel, 

Jorge

1/14/22 0.4 620.00 $ 248.00 $ Participate in call with M. DiConza (OMM) and N. Morales (PREPA) to discuss 

2019 financial statement matters.

PR

50 San Miguel, 

Jorge

1/14/22 0.3 620.00 $ 186.00 $ Review list of open questions from creditor stakeholder group representatives 

resulting from the bi-weekly mediation call to inform further response and 

information.

PR

50 San Miguel, 

Jorge

1/14/22 0.7 620.00 $ 434.00 $ Participate on the bi-weekly mediation call. PR

3 Marino, 

Nicholas

1/14/22 0.2 495.00 $ 99.00 $ Update the PREPA FY 2022 fiscal plan initiatives December 2021 

implementation reporting master working file per OSHA data received from I. 

Perez (P3A).

Not in PR

50 San Miguel, 

Jorge

1/14/22 0.3 620.00 $ 186.00 $ Participate on call with J. Smith (ACG) to review final update for the bi-weekly 

mediation call.

PR

50 San Miguel, 

Jorge

1/14/22 0.3 620.00 $ 186.00 $ Participate on call with R. Zampierollo (PREPA) and G. Gil (ACG) to discuss 

various items related to the pension system in preparation for the bi-weekly 

mediation call.

PR

3 Porter, Lucas 1/14/22 0.5 570.00 $ 285.00 $ Participate on call with N. Morales (PREPA), M. DiConza (OMM), J. San 

Miguel (ACG) and G. Gil (ACG) to review the FY 2019 supplemental audit 

report and discuss financial statements required by the FY 2022 fiscal plan.

Not in PR

3 Gil, Gerard 1/14/22 0.5 500.00 $ 250.00 $ Participate on call with N. Morales (PREPA), M. DiConza (OMM), J. San 

Miguel (ACG) and L. Porter (ACG) to review the FY 2019 supplemental audit 

report and discuss financial statements required by the FY 2022 fiscal plan.

PR

3 Marino, 

Nicholas

1/14/22 0.9 495.00 $ 445.50 $ Continue revising PREPA FY 2022 fiscal plan overtime data reporting for the 

November 2021 working file.

Not in PR

50 Gil, Gerard 1/14/22 0.6 500.00 $ 300.00 $ Review and address comments from J. San Miguel (ACG) related to materials 

for the bi-weekly mediation call.

PR

50 Smith, James 1/14/22 0.3 750.00 $ 225.00 $ Participate on call with J. San Miguel (ACG) to review final update for the biweekly mediation call.Not in PR

50 Smith, James 1/14/22 0.7 750.00 $ 525.00 $ Participate on the bi-weekly mediation call. Not in PR

25 Parker, 

Christine

1/14/22 1.7 200.00 $ 340.00 $ Review current draft of Exhibits A, B and C of the Ankura December 2021 

monthly fee statement prior to distribution to J. Keys (ACG).

Not in PR

3 San Miguel, 

Jorge

1/14/22 0.5 620.00 $ 310.00 $ Participate on call with N. Morales (PREPA), M. DiConza (OMM), L. Porter 

(ACG) and G. Gil (ACG) to review the FY 2019 supplemental audit report and 

discuss financial statements required by the FY 2022 fiscal plan.

PR

50 Keys, Jamie 1/14/22 0.3 330.00 $ 99.00 $ Review the final agenda for the bi-weekly mediation call. Not in PR

50 Porter, Lucas 1/14/22 0.4 570.00 $ 228.00 $ Review comments from J. San Miguel (ACG) related to regulatory matters in 

advance of the bi-weekly mediation call.

Not in PR

50 Keys, Jamie 1/14/22 0.7 330.00 $ 231.00 $ Review open creditor questions related to the FEMA flash report. Not in PR

3 San Miguel, 

Jorge

1/14/22 0.7 620.00 $ 434.00 $ Review 2019 financial statement documentation provided by N. Morales 

(PREPA) in preparation for meeting with O'Melveny & Myers and PREPA.

PR

3 Marino, 

Nicholas

1/14/22 0.9 495.00 $ 445.50 $ Continue revising PREPA FY 2022 fiscal plan overtime data reporting for the 

December 2021 working file.

Not in PR

3 Marino, 

Nicholas

1/14/22 0.8 495.00 $ 396.00 $ Finalize PREPA FY 2022 fiscal plan overtime data reporting for the August 

2021 presentation.

Not in PR

50 Smith, James 1/14/22 0.3 750.00 $ 225.00 $ Review open items and provide update to J. San Miguel (ACG) regarding 

materials for the bi-weekly mediation call.

Not in PR

3 Porter, Lucas 1/14/22 0.2 570.00 $ 114.00 $ Review responding information from I. Perez (P3A) to inform FY 2022 fiscal 

plan reporting.

Not in PR

50 Porter, Lucas 1/14/22 0.7 570.00 $ 399.00 $ Participate on the bi-weekly mediation call. Not in PR

3 San Miguel, 

Jorge

1/14/22 0.4 620.00 $ 248.00 $ Review RFI received from J. Adrover (PREPA) related to the financial data 

inquiry from the PR Comptroller's office.

PR

3 Marino, 

Nicholas

1/14/22 0.7 495.00 $ 346.50 $ Finalize PREPA FY 2022 fiscal plan overtime data reporting for the September 

2021 presentation.

Not in PR

50 Gil, Gerard 1/14/22 0.3 500.00 $ 150.00 $ Participate on call with R. Zampierollo (PREPA) and J. San Miguel (ACG) to 

discuss various items related to the pension system in preparation for the biweekly mediation call.

PR

50 Keys, Jamie 1/14/22 0.3 330.00 $ 99.00 $ Participate on call with J. San Miguel (ACG) to discuss the federal funding flash 

report to inform the bi-weekly mediation call.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 14 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 208 of 229
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 1/14/22 1.2 570.00 $ 684.00 $ Review documents from N. Morales (PREPA) and M. DiConza (OMM) related 

to historical financial statements required by the FY 2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

1/14/22 0.8 495.00 $ 396.00 $ Finalize PREPA FY 2022 fiscal plan overtime data reporting for the July 2021 

presentation.

Not in PR

2 Keys, Jamie 1/14/22 0.2 330.00 $ 66.00 $ Correspond with E. Ortiz (PREPA) regarding open items for the January 2022 

cash flow budget.

Not in PR

50 Gil, Gerard 1/14/22 0.7 500.00 $ 350.00 $ Participate on the bi-weekly mediation call. PR

3 Marino, 

Nicholas

1/14/22 0.8 495.00 $ 396.00 $ Update the PREPA FY 2022 fiscal plan initiatives December 2021 

implementation reporting master working file following working session with L. 

Porter (ACG), G. Gil (ACG) and R. Zampierollo (PREPA).

Not in PR

50 San Miguel, 

Jorge

1/14/22 0.8 620.00 $ 496.00 $ Review and edit report for the bi-weekly mediation call with inputs from 

PREPA on pension, operations and federal funding.

PR

3 Porter, Lucas 1/14/22 1.4 570.00 $ 798.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

N. Marino (ACG) to develop materials for the January 2022 monthly report to 

the FOMB as required by the FY 2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

1/14/22 0.7 495.00 $ 346.50 $ Finalize the PREPA FY 2022 fiscal plan initiatives December 2021 

implementation reporting presentation.

Not in PR

3 Marino, 

Nicholas

1/14/22 1.0 495.00 $ 495.00 $ Continue revising PREPA FY 2022 fiscal plan overtime data reporting for the 

October 2021 working file.

Not in PR

50 Keys, Jamie 1/14/22 0.7 330.00 $ 231.00 $ Participate on the bi-weekly mediation call. Not in PR

3 Porter, Lucas 1/14/22 0.7 570.00 $ 399.00 $ Review updated information on overtime reporting from N. Marino (ACG) to 

inform FY 2022 fiscal plan reporting.

Not in PR

3 Marino, 

Nicholas

1/14/22 1.4 495.00 $ 693.00 $ Participate in working session with R. Zampierollo (PREPA), G. Gil (ACG) and 

L. Porter (ACG) to develop materials for the January 2022 monthly report to the 

FOMB as required by the FY 2022 fiscal plan.

Not in PR

3 San Miguel, 

Jorge

1/14/22 0.4 620.00 $ 248.00 $ Summarize the financial information request received from J. Adrover (PREPA) 

related to the PR Comptroller's inquiry for distribution to L. Porter (ACG).

PR

3 Gil, Gerard 1/14/22 1.4 500.00 $ 700.00 $ Participate in working session with R. Zampierollo (PREPA), L. Porter (ACG) 

and N. Marino (ACG) to develop materials for the January 2022 monthly report 

to the FOMB as required by the FY 2022 fiscal plan.

PR

3 Marino, 

Nicholas

1/14/22 0.6 495.00 $ 297.00 $ Update the PREPA FY 2022 fiscal plan initiatives December 2021 

implementation reporting master working file following call with R. 

Zampierollo (PREPA).

Not in PR

3 Marino, 

Nicholas

1/14/22 0.2 495.00 $ 99.00 $ Participate on call with R. Zampierollo (PREPA) regarding edits to PREPA FY 

2022 fiscal plan initiatives December 2021 implementation reporting.

Not in PR

3 Crisalli, Paul 1/15/22 0.7 875.00 $ 612.50 $ Review supplemental schedules to the FY 2019 financial statements and 

provide comments to Ankura team.

Not in PR

2 Crisalli, Paul 1/15/22 1.2 875.00 $ 1,050.00 $ Review supporting data provided by Luma and PREPA and revised the 

Professional & Technical Outsourced Services and Legal Services forecast for 

the January 2022 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

1/15/22 0.8 620.00 $ 496.00 $ Review the PREPA January post-certification trackers, updated generation plant 

maintenance program, reorganization report and 2021 Q1 overtime reports 

pursuant to the certified fiscal plan.

PR

3 San Miguel, 

Jorge

1/15/22 0.3 620.00 $ 186.00 $ Review PR Comptroller RFI related to finance matters at PREPA and comments 

from L. Porter (ACG) in advance of discussion with N. Morales (PREPA).

PR

2 Crisalli, Paul 1/15/22 0.6 875.00 $ 525.00 $ Update the January 2022 cash flow budget work plan and RFI tracker for current 

correspondence and revised templates.

Not in PR

3 Porter, Lucas 1/15/22 0.7 570.00 $ 399.00 $ Review information request document from J. San Miguel (ACG) related to 

historical financial statement development required by the FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 1/15/22 0.9 570.00 $ 513.00 $ Prepare comments with supporting documents for J. San Miguel (ACG), P. 

Crisalli (ACG) and G. Gil (ACG) related to historical financial statement 

development required by the FY 2022 fiscal plan.

Not in PR

2 Crisalli, Paul 1/15/22 0.4 875.00 $ 350.00 $ Review supporting data provided by Luma and PREPA and revised the 

necessary maintenance spend forecast for the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/15/22 0.2 570.00 $ 114.00 $ Prepare information request for J. Roque (Luma) and D. Sanchez (Luma) 

regarding historical financial statement development required by the FY 2022 

fiscal plan.

Not in PR

2 Crisalli, Paul 1/17/22 0.8 875.00 $ 700.00 $ Review updated supporting data provided by Luma and PREPA and revise the 

PPOA-related forecast for the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/17/22 0.4 875.00 $ 350.00 $ Develop correspondence to Luma team regarding GridCo related open items and 

follow-up requests for information regarding the January 2022 cash flow 

budget.

Not in PR

2 Crisalli, Paul 1/17/22 0.6 875.00 $ 525.00 $ Review supporting data provided by Luma and PREPA and revise the 

Vegetation Management forecast for the January 2022 cash flow budget.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 15 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 209 of 229
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 1/17/22 0.7 875.00 $ 612.50 $ Review supporting data provided by Luma and PREPA and revised the Other 

Accounts Payable forecast for the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/17/22 0.4 875.00 $ 350.00 $ Review updated supporting data provided by Luma and PREPA and revise the 

fleet and storage-related forecast for the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/17/22 0.5 875.00 $ 437.50 $ Update the January 2022 cash flow budget work plan and RFI tracker for current 

correspondence and revised templates.

Not in PR

3 Porter, Lucas 1/18/22 0.3 570.00 $ 171.00 $ Prepare follow-up information requested by R. Zampierollo (PREPA) during 

meeting on FY 2022 fiscal plan implementation.

Not in PR

2 San Miguel, 

Jorge

1/18/22 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) to discuss generation budget and 

cash flow matters.

PR

3 San Miguel, 

Jorge

1/18/22 0.2 620.00 $ 124.00 $ Translate and transmit PR Comptroller RFI related to PREPA financial matters 

to P. Crisalli (ACG) and L. Porter (ACG).

PR

3 San Miguel, 

Jorge

1/18/22 0.4 620.00 $ 248.00 $ Review PR Comptroller RFI from PREPA as requested by N. Morales (PREPA) 

in support of response related to financial matters.

PR

3 Gil, Gerard 1/18/22 0.4 500.00 $ 200.00 $ Review request from N. Morales (PREPA) regarding FY 2019 financial 

statements to support FY 2022 fiscal plan implementation.

PR

2 San Miguel, 

Jorge

1/18/22 0.3 620.00 $ 186.00 $ Review approval provided by N. Morales (PREPA) from Luma related to 

emergency vendor invoice approval process proposed in support of liquidity 

improvement efforts.

PR

60 Ciancanelli, 

John

1/18/22 0.2 665.00 $ 133.00 $ Finalize the 2019 SWAP valuation report. Not in PR

3 Gil, Gerard 1/18/22 0.5 500.00 $ 250.00 $ Participate on call with R. Zampierollo (PREPA), L. Porter (ACG) and N. 

Marino (ACG) to discuss status updates for FY 2022 fiscal plan implementation 

and reporting. 

PR

51 Keys, Jamie 1/18/22 0.7 330.00 $ 231.00 $ Participate on telephone call with S. Diaz (ARI) regarding status updates to 

emergency vendor invoice approvals.

Not in PR

2 Keys, Jamie 1/18/22 2.1 330.00 $ 693.00 $ Update the January 2022 cash flow budget for revised inputs provided by P. 

Crisalli (ACG).

Not in PR

3 Gil, Gerard 1/18/22 0.6 500.00 $ 300.00 $ Participate in discussion with J. San Miguel (ACG) regarding the status of 

Generation budget development, related requests from J. Colon (PREPA), and 

next steps to discuss with N. Morales (PREPA) and R. Zampierollo (PREPA).

PR

50 San Miguel, 

Jorge

1/18/22 0.6 620.00 $ 372.00 $ Review pending RFI from creditor stakeholders and prepare response outline for 

discussion with P. Crisalli (ACG) and L. Porter (ACG).

PR

3 Porter, Lucas 1/18/22 0.9 570.00 $ 513.00 $ Review necessary maintenance expense data provided by C. Cernuda (FW) to 

inform discussions with R. Zampierollo (PREPA).

Not in PR

3 Gil, Gerard 1/18/22 0.2 500.00 $ 100.00 $ Review latest cash flow update to inform discussions with PREPA management 

related to the FY 2023 budget.

PR

50 Porter, Lucas 1/18/22 0.3 570.00 $ 171.00 $ Review listing of regulatory dockets from K. Bolanos (DV) to inform response 

to request for information from creditor representatives.

Not in PR

2 Keys, Jamie 1/18/22 0.5 330.00 $ 165.00 $ Review additional information provided by J. Roque (Luma) and E. Ortiz 

(PREPA) for use in the January 2022 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

1/18/22 0.3 620.00 $ 186.00 $ Correspond with P. Crisalli (ACG) regarding pending inputs from PREPA and 

Luma to finalize the revised 13-week cash flow budget.

PR

51 San Miguel, 

Jorge

1/18/22 0.5 620.00 $ 310.00 $ Review emergency vendor invoice approval timeline and process to discuss with 

N. Morales (PREPA) and P. Crisalli (ACG).

PR

3 San Miguel, 

Jorge

1/18/22 0.6 620.00 $ 372.00 $ Participate in discussion with G. Gil (ACG) regarding the status of Generation 

budget development, related requests from J. Colon (PREPA), and next steps to 

discuss with N. Morales (PREPA) and R. Zampierollo (PREPA).

PR

2 Keys, Jamie 1/18/22 0.3 330.00 $ 99.00 $ Correspond with S. Guilbert (MW) and J. Parsons (Claro) regarding insurance 

updates for use in the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/18/22 0.5 570.00 $ 285.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and N. Marino 

(ACG) to discuss status updates for FY 2022 fiscal plan implementation and 

reporting. 

Not in PR

50 Marino, 

Nicholas

1/18/22 1.2 495.00 $ 594.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the creditor reporting workstream.

Not in PR

2 Keys, Jamie 1/18/22 0.5 330.00 $ 165.00 $ Review additional information provided by P. Crisalli (ACG) for use in the 

January 2022 cash flow budget.

Not in PR

50 Porter, Lucas 1/18/22 0.3 570.00 $ 171.00 $ Prepare information request for K. Bolanos (DV) to inform response to request 

for information from creditor representatives provided by J. San Miguel (ACG).

Not in PR

3 Porter, Lucas 1/18/22 0.6 570.00 $ 342.00 $ Review FY 2022 fiscal plan development process materials to inform 

discussions with R. Zampierollo (PREPA).

Not in PR

3 Marino, 

Nicholas

1/18/22 0.5 495.00 $ 247.50 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and L. Porter 

(ACG) to discuss status updates for FY 2022 fiscal plan implementation and 

reporting. 

Not in PR

2 San Miguel, 

Jorge

1/19/22 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding remaining 

outstanding items from PREPA for updated cash flow budget and proposed next 

steps to complete the budget update process.

PR

Exhibit C

March 1, 2022 / #PR00055 16 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 210 of 229
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 1/19/22 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss work plan for FY 2023 fiscal 

plan development.

Not in PR

2 Crisalli, Paul 1/19/22 0.5 875.00 $ 437.50 $ Participate on call with J. San Miguel (ACG) regarding open items and next 

steps for the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/19/22 1.1 875.00 $ 962.50 $ Participate on call with K. Kostyk (Luma) regarding the status update and 

outstanding requests for information related to GridCo items to inform the 

January 2022 cash flow budget.

Not in PR

50 Marino, 

Nicholas

1/19/22 1.0 495.00 $ 495.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the creditor reporting workstream.

Not in PR

2 Crisalli, Paul 1/19/22 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding remaining 

outstanding items from PREPA for updated cash flow budget and proposed next 

steps to complete the budget update process.

Not in PR

25 Parker, 

Christine

1/19/22 1.8 200.00 $ 360.00 $ Assemble time descriptions for the period 1/1/22 - 1/8/22 for inclusion in the 

Ankura January 2022 monthly fee statement.

Not in PR

50 Crisalli, Paul 1/19/22 0.5 875.00 $ 437.50 $ Participate on call with J. Keys (ACG) and J. Roque (Luma) to discuss the 

weekly accounts payable aging report prior to distribution.

Not in PR

3 Gil, Gerard 1/19/22 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss work plan for FY 2023 fiscal 

plan development.

PR

3 Porter, Lucas 1/19/22 0.9 570.00 $ 513.00 $ Review December 2021 monthly operating statistics prepared by J. Estrada 

(Luma) to inform FY 2022 fiscal plan reporting. 

Not in PR

51 Keys, Jamie 1/19/22 0.2 330.00 $ 66.00 $ Participate in discussion with J. San Miguel (ACG) regarding follow-up tasks 

with PREPA and Luma related to emergency vendor invoice approvals.

PR

3 Smith, James 1/19/22 0.5 750.00 $ 375.00 $ Participate on call with L. Porter (ACG) to discuss generation system status 

updates received from G. Soto (Luma) to inform FY 2022 fiscal plan reporting.

Not in PR

50 Keys, Jamie 1/19/22 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

50 Crisalli, Paul 1/19/22 0.2 875.00 $ 175.00 $ Review FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

50 San Miguel, 

Jorge

1/19/22 0.5 620.00 $ 310.00 $ Review the weekly reporting package related to FEMA flash report and accounts 

payable update to inform creditor stakeholder reports.

PR

50 Keys, Jamie 1/19/22 0.2 330.00 $ 66.00 $ Review the project worksheet status report provided by S. Diaz (ARI) for use in 

updating the FEMA flash report.

Not in PR

50 Keys, Jamie 1/19/22 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

50 San Miguel, 

Jorge

1/19/22 0.2 620.00 $ 124.00 $ Participate in discussion with J. Keys (ACG) regarding changes to the FEMA 

flash report for weekly reporting.

PR

50 San Miguel, 

Jorge

1/19/22 0.5 620.00 $ 310.00 $ Review and comment draft table with proposed responses to creditor RFI related 

to PREB regulatory matters.

PR

50 Keys, Jamie 1/19/22 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

3 Porter, Lucas 1/19/22 0.7 570.00 $ 399.00 $ Analyze updated master payment schedule from E. Barbosa (PREPA) provided 

by P. Crisalli (ACG) to inform updates to fiscal plan financial projections and 

budget generation costs.

Not in PR

2 Crisalli, Paul 1/19/22 1.4 875.00 $ 1,225.00 $ Review additional invoice level supporting data provided by Luma and revised 

the diesel forecast for the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/19/22 0.4 570.00 $ 228.00 $ Prepare and send request for information to S. Cortez (FPVG) regarding 

financial statements required by the FY 2022 fiscal plan.

Not in PR

50 Keys, Jamie 1/19/22 0.4 330.00 $ 132.00 $ Prepare the weekly reporting package for distribution. Not in PR

3 Crisalli, Paul 1/19/22 0.5 875.00 $ 437.50 $ Participate on call with L. Porter (ACG) to discuss work plan for FY 2023 fiscal 

plan development.

Not in PR

50 Keys, Jamie 1/19/22 0.8 330.00 $ 264.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

51 San Miguel, 

Jorge

1/19/22 0.2 620.00 $ 124.00 $ Participate in discussion with J. Keys (ACG) regarding follow-up tasks with 

PREPA and Luma related to emergency vendor invoice approvals.

PR

3 Porter, Lucas 1/19/22 1.0 570.00 $ 570.00 $ Review December 2021 fuel cost accounting data from W. Rivera (Luma) to 

inform budget variance reporting to FOMB required by FY 2022 fiscal plan.

Not in PR

50 Crisalli, Paul 1/19/22 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

1/19/22 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA) regarding generation budget, cash 

flows and FY 2019 audit matters.

PR

2 Keys, Jamie 1/19/22 0.4 330.00 $ 132.00 $ Review additional cash flow updates provided by P. Crisalli (ACG) for use in 

the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/19/22 0.5 570.00 $ 285.00 $ Participate on call with P. Crisalli (ACG) to discuss work plan for FY 2023 

fiscal plan development.

Not in PR

2 Crisalli, Paul 1/19/22 0.4 875.00 $ 350.00 $ Update the January 2022 cash flow budget work plan and RFI tracker for current 

correspondence and revised templates.

Not in PR

2 Crisalli, Paul 1/19/22 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 and the January 2022 cash flow 

budget.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 17 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 211 of 229
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 1/19/22 0.6 570.00 $ 342.00 $ Participate on call with G. Soto (Luma) to discuss generation system status 

updates for FY 2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 1/19/22 0.6 875.00 $ 525.00 $ Develop follow-up correspondence to Luma regarding open items and requests 

for information regarding the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/19/22 2.9 875.00 $ 2,537.50 $ Revise operating expense related templates for the January 2022 cash flow 

budget based on revised information provided by PREPA and Luma.

Not in PR

25 Parker, 

Christine

1/19/22 0.5 200.00 $ 100.00 $ Update Exhibits A, B and C of the Ankura January 2022 monthly fee statement 

for information currently available.

Not in PR

50 Keys, Jamie 1/19/22 0.5 330.00 $ 165.00 $ Participate on call with P. Crisalli (ACG) and J. Roque (Luma) to discuss the 

weekly accounts payable aging report prior to distribution.

Not in PR

2 San Miguel, 

Jorge

1/19/22 0.1 620.00 $ 62.00 $ Review insurance collection update from Claro Group provided by P. Crisalli 

(ACG) to inform the January 2022 cash flow budget update.

PR

50 San Miguel, 

Jorge

1/19/22 1.7 620.00 $ 1,054.00 $ Review PREB docket update materials provided by K. Bolanos (D&V) to 

support creditor updates and response to creditor stakeholder RFI.

PR

3 Porter, Lucas 1/19/22 2.3 570.00 $ 1,311.00 $ Revise the monthly generation analysis to incorporate data provided by W. 

Rivera (Luma) and J. Estrada (Luma) to inform FY 2022 fiscal plan reporting.

Not in PR

3 Porter, Lucas 1/19/22 0.5 570.00 $ 285.00 $ Participate on call with J. Smith (ACG) to discuss generation system status 

updates received from G. Soto (Luma) to inform FY 2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 1/19/22 0.4 875.00 $ 350.00 $ Finalize the cash flow reporting for week ended 1/14/22. Not in PR

2 Crisalli, Paul 1/19/22 0.5 875.00 $ 437.50 $ Participate on call with J. Keys (ACG) and various representatives of PREPA 

management regarding the status update and outstanding RFIs related to the 

January 2022 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

1/19/22 0.5 620.00 $ 310.00 $ Participate on call with P. Crisalli (ACG) regarding open items and next steps 

for the January 2022 cash flow budget.

PR

50 Keys, Jamie 1/19/22 0.2 330.00 $ 66.00 $ Participate in discussion with J. San Miguel (ACG) regarding changes to the 

FEMA flash report for weekly reporting.

PR

50 San Miguel, 

Jorge

1/19/22 0.3 620.00 $ 186.00 $ Review draft responses and inputs received from PREPA to address creditor 

stakeholder RFI related to regulatory developments.

PR

50 Keys, Jamie 1/19/22 1.0 330.00 $ 330.00 $ Prepare the weekly FEMA flash report for the week ended 1/14/22 for review by 

P. Crisalli (ACG).

Not in PR

2 Keys, Jamie 1/19/22 0.5 330.00 $ 165.00 $ Participate on call with P. Crisalli (ACG) and various representatives of PREPA 

management regarding the status update and outstanding RFIs related to the 

January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/19/22 0.5 875.00 $ 437.50 $ Update the January 2022 cash flow budget work plan and RFI tracker for current 

correspondence and revised templates.

Not in PR

3 Porter, Lucas 1/19/22 0.2 570.00 $ 114.00 $ Review updated generation system maintenance schedule provided by G. Soto 

(Luma) for FY 2022 fiscal plan reporting.

Not in PR

2 Crisalli, Paul 1/19/22 0.6 875.00 $ 525.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

3 Gil, Gerard 1/20/22 0.6 500.00 $ 300.00 $ Review and edit pension materials requested by AAFAF regarding the FY 2022 

fiscal plan pension reform initiative.

PR

3 Crisalli, Paul 1/20/22 0.4 875.00 $ 350.00 $ Participate on call with N. Morales (PREPA), S. Cortez (Galindez) and J. San 

Miguel (ACG) regarding supplemental schedules to the FY 2019 financial 

statements.

Not in PR

2 Crisalli, Paul 1/20/22 0.5 875.00 $ 437.50 $ Participate on call with E. Ortiz (PREPA) regarding FOMB and other Title IIIrelated costs for the January 2022 cash flow budget.

Not in PR

50 San Miguel, 

Jorge

1/20/22 0.5 620.00 $ 310.00 $ Review PREB docket on PREPA and Luma matters in support of response to 

creditor stakeholder RFI related thereto.

PR

3 Marino, 

Nicholas

1/20/22 0.8 495.00 $ 396.00 $ Begin updating PREPA FY 2022 fiscal plan Overtime Data reporting for the 

November 2021 working file.

Not in PR

3 Crisalli, Paul 1/20/22 0.5 875.00 $ 437.50 $ Participate on call with L. Porter (ACG) to discuss analysis of 2019 financial 

statement and supplemental schedule information and related cash flow 

analysis.

Not in PR

50 Marino, 

Nicholas

1/20/22 0.9 495.00 $ 445.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the creditor reporting workstream.

Not in PR

50 San Miguel, 

Jorge

1/20/22 0.4 620.00 $ 248.00 $ Review updated draft response to creditor stakeholder RFI related to regulatory 

developments and PREB docket.

PR

2 Crisalli, Paul 1/20/22 1.3 875.00 $ 1,137.50 $ Revise operating expense related templates for the January 2022 cash flow 

budget based on revised information provided by PREPA and Luma.

Not in PR

3 San Miguel, 

Jorge

1/20/22 0.3 620.00 $ 186.00 $ Participate in discussion with G. Gil (ACG) regarding request from AAFAF 

related to the PREPA pension system.

PR

3 San Miguel, 

Jorge

1/20/22 0.6 620.00 $ 372.00 $ Review pension system report on PREPA ERS and summary list of key issues 

for use by AAFAF.

PR

3 Porter, Lucas 1/20/22 1.6 570.00 $ 912.00 $ Prepare the generation operational report for the week ending 1/16/22 based on 

data received from G. Soto (Luma) for FOMB as required by the PREPA FY 

2022 fiscal plan.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 18 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 212 of 229
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

1/20/22 2.0 495.00 $ 990.00 $ Review PREPA FY2019 Audited Financial Statements files per N. Morales 

(PREPA) request regarding the completion of the FY19 audited financial 

statements.

Not in PR

3 Porter, Lucas 1/20/22 0.8 570.00 $ 456.00 $ Prepare responding materials with summary comments for G. Gil (ACG) and G. 

Loran (AAFAF) related to the FY 2022 fiscal plan pension reform initiative.

Not in PR

3 Porter, Lucas 1/20/22 1.0 570.00 $ 570.00 $ Review draft FY 2019 audited financial statements provided by N. Morales 

(PREPA) to support FY 2022 fiscal plan implementation.

Not in PR

3 Marino, 

Nicholas

1/20/22 0.9 495.00 $ 445.50 $ Begin updating PREPA FY 2022 fiscal plan Overtime Data reporting for the 

October 2021 working file.

Not in PR

2 Crisalli, Paul 1/20/22 1.6 875.00 $ 1,400.00 $ Review revised master payment schedule and supplier payment history for 

current Bunker C and Diesel delivery assumptions for the January 2022 cash 

flow budget.

Not in PR

3 Gil, Gerard 1/20/22 0.2 500.00 $ 100.00 $ Participate on call with G. Loran (AAFAF) to discuss request regarding the 

PREPA Pension system FY 2022 fiscal plan initiative.

PR

50 Keys, Jamie 1/20/22 0.6 330.00 $ 198.00 $ Review responses to creditor questions provided by J. San Miguel (ACG). Not in PR

3 Porter, Lucas 1/20/22 0.5 570.00 $ 285.00 $ Participate on call with P. Crisalli (ACG) to discuss analysis of 2019 financial 

statement and supplemental schedule information and related cash flow 

analysis.

Not in PR

3 Marino, 

Nicholas

1/20/22 0.6 495.00 $ 297.00 $ Begin updating PREPA FY 2022 fiscal plan Overtime Data reporting for the 

December 2021 presentation.

Not in PR

2 San Miguel, 

Jorge

1/20/22 0.4 620.00 $ 248.00 $ Review the updated cash flow budget inputs provided by P. Crisalli (ACG) for 

review and discussion with PREPA management.

PR

3 Crisalli, Paul 1/20/22 0.7 875.00 $ 612.50 $ Develop FY 2019 bank balance and annual cash flow analysis as requested by 

L. Porter (ACG) and J. San Miguel (ACG) to support review of FY 2019 

financial data.

Not in PR

3 Gil, Gerard 1/20/22 0.3 500.00 $ 150.00 $ Participate in discussion with J. San Miguel (ACG) regarding request from 

AAFAF related to the PREPA pension system.

PR

3 Marino, 

Nicholas

1/20/22 0.7 495.00 $ 346.50 $ Begin updating PREPA FY 2022 fiscal plan Overtime Data reporting for the 

October 2021 presentation.

Not in PR

3 Porter, Lucas 1/20/22 1.1 570.00 $ 627.00 $ Review supplementary schedule information from N. Morales (PREPA) for 

financial statements required by the FY 2022 fiscal plan.

Not in PR

50 Smith, James 1/20/22 1.0 750.00 $ 750.00 $ Review the daily generation reports and prepare weekly fleet status report in 

support of the creditor reporting workstream.

Not in PR

51 Keys, Jamie 1/20/22 0.4 330.00 $ 132.00 $ Participate on call with P. Crisalli (ACG), J. San Miguel (ACG), J. Rosado 

(ARI) and various representatives of Luma and PREPA regarding reconciliation 

of emergency vendor invoices.

Not in PR

3 Crisalli, Paul 1/20/22 0.2 875.00 $ 175.00 $ Participate in discussion with J. San Miguel (ACG) regarding supporting 

analysis of the 2019 financial statements and supplemental schedules as 

requested by N. Morales (PREPA).

Not in PR

2 Keys, Jamie 1/20/22 0.7 330.00 $ 231.00 $ Review additional cash flow inputs provided by P. Crisalli (ACG) for use in the 

January 2022 cash flow budget.

Not in PR

3 Marino, 

Nicholas

1/20/22 0.8 495.00 $ 396.00 $ Begin updating PREPA FY 2022 fiscal plan Overtime Data reporting for the 

December 2021 working file.

Not in PR

51 San Miguel, 

Jorge

1/20/22 0.5 620.00 $ 310.00 $ Participate in meeting with representatives of Luma, PREPA and ARI regarding 

emergency vendor matters to support FEMA and COR3 reimbursement process.

PR

3 Crisalli, Paul 1/20/22 3.8 875.00 $ 3,325.00 $ Further review of FY 2019 financial statements, supplemental schedules and 

cash flow information to inform questions and request for information from 

PREPA Finance.

Not in PR

2 Crisalli, Paul 1/20/22 0.5 875.00 $ 437.50 $ Revise diesel forecast for the January 2022 cash flow budget based on revised 

information provided by Luma.

Not in PR

2 Keys, Jamie 1/20/22 0.9 330.00 $ 297.00 $ Prepare the monthly bank balance report for AAFAF as requested by R. Lopez 

(Riveron).

Not in PR

3 Porter, Lucas 1/20/22 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 

1/16/22 required by the FY 2022 certified fiscal plan.

Not in PR

3 San Miguel, 

Jorge

1/20/22 0.3 620.00 $ 186.00 $ Review AAFAF documentation on PREPA restructuring and fiscal plan 

compliance for discussion with N. Morales (PREPA).

PR

3 Porter, Lucas 1/20/22 0.2 570.00 $ 114.00 $ Review and revise the updated fleet status report provided by J. Smith (ACG) 

for the 1/16/22 generation operating report submittal to FOMB required by the 

FY 2022 certified fiscal plan.

Not in PR

3 San Miguel, 

Jorge

1/20/22 0.4 620.00 $ 248.00 $ Participate on call with N. Morales (PREPA), S. Cortez (Galindez) and P. 

Crisalli (ACG) regarding supplemental schedules to the FY 2019 financial 

statements.

PR

3 Porter, Lucas 1/20/22 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss information request from G. 

Loran (AAFAF) related to the FY 2022 fiscal plan pension reform initiative.

Not in PR

2 Crisalli, Paul 1/20/22 1.2 875.00 $ 1,050.00 $ Revise Bunker C and Diesel forecast for the January 2022 cash flow budget 

based on updated information provided by PREPA and Luma.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 19 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 213 of 229
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

1/20/22 0.9 200.00 $ 180.00 $ Update Exhibits A, B and C of the Ankura January 2022 monthly fee statement 

for information currently available.

Not in PR

2 San Miguel, 

Jorge

1/20/22 0.5 620.00 $ 310.00 $ Review summary of cash balances and cash flows provided by P. Crisalli (ACG) 

to inform the cash flow update process.

PR

54 Keys, Jamie 1/20/22 0.7 330.00 $ 231.00 $ Participate on telephone call with S. Diaz (ARI) regarding additional 

information needed to support the earthquake peaking unit analysis.

Not in PR

25 Parker, 

Christine

1/20/22 2.7 200.00 $ 540.00 $ Assemble time descriptions for the period 1/9/22 - 1/15/22 for inclusion in the 

Ankura January 2022 monthly fee statement.

Not in PR

3 Crisalli, Paul 1/20/22 0.4 875.00 $ 350.00 $ Participate on call with N. Morales (PREPA) regarding supplemental schedules 

to FY 2019 financial statements.

Not in PR

3 San Miguel, 

Jorge

1/20/22 0.5 620.00 $ 310.00 $ Review updated net revenue documentation provided by N. Morales (PREPA) 

in preparation for meeting with FPV Galindez and PREPA.

PR

3 San Miguel, 

Jorge

1/20/22 0.3 620.00 $ 186.00 $ Participate on call with AAFAF representatives regarding PREPA pension 

system matters and reports for discussion with O. Marrero (AAFAF).

PR

51 Crisalli, Paul 1/20/22 0.4 875.00 $ 350.00 $ Participate on call with J. Keys (ACG), J. San Miguel (ACG), J. Rosado (ARI) 

and various representatives of Luma and PREPA regarding reconciliation of 

emergency vendor invoices.

Not in PR

3 Marino, 

Nicholas

1/20/22 0.6 495.00 $ 297.00 $ Begin updating PREPA FY 2022 fiscal plan Overtime Data reporting for the 

November 2021 presentation.

Not in PR

2 Keys, Jamie 1/20/22 1.3 330.00 $ 429.00 $ Revise the January 2022 cash flow budget for additional inputs provided by P. 

Crisalli (ACG).

Not in PR

54 Keys, Jamie 1/20/22 1.4 330.00 $ 462.00 $ Review Palo Seco generation information to satisfy the earthquake peaking unit 

RFI provided by S. Diaz (ARI).

Not in PR

51 San Miguel, 

Jorge

1/20/22 0.4 620.00 $ 248.00 $ Participate on call with J. Keys (ACG), P. Crisalli (ACG), J. Rosado (ARI) and 

various representatives of Luma and PREPA regarding reconciliation of 

emergency vendor invoices.

PR

3 Gil, Gerard 1/20/22 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss information request from G. 

Loran (AAFAF) related to the FY 2022 fiscal plan pension reform initiative.

PR

3 San Miguel, 

Jorge

1/20/22 0.2 620.00 $ 124.00 $ Participate in discussion with P. Crisalli (ACG) regarding supporting analysis of 

the 2019 financial statements and supplemental schedules as requested by N. 

Morales (PREPA).

PR

2 Crisalli, Paul 1/20/22 0.4 875.00 $ 350.00 $ Follow-up correspondence with Luma and PREPA regarding unpaid PUMA 

diesel invoices to inform the January 2022 cash flow budget.

Not in PR

50 Keys, Jamie 1/20/22 0.5 330.00 $ 165.00 $ Prepare the weekly cash flow and liquidity related files for FOMB fiscal plan 

reporting purposes.

Not in PR

2 Keys, Jamie 1/21/22 0.3 330.00 $ 99.00 $ Revise the bank balance report prior to sending to R. Lopez (Riveron). Not in PR

2 Crisalli, Paul 1/21/22 0.2 875.00 $ 175.00 $ Review the daily government collection support files provided by J. Roque 

(Luma) to inform the January 2022 cash flow budget customer collections 

forecast.

Not in PR

51 San Miguel, 

Jorge

1/21/22 0.5 620.00 $ 310.00 $ Review message and updated terms provided by M. DiConza (OMM) regarding 

emergency vendor payments.

PR

3 Gil, Gerard 1/21/22 0.5 500.00 $ 250.00 $ Review FOMB fiscal plan materials for the FY 2022 fiscal plan to inform 

timeline for FY23 fiscal plan development.

PR

3 Porter, Lucas 1/21/22 0.8 570.00 $ 456.00 $ Participate on call with J. San Miguel (ACG) and P. Crisalli (ACG) regarding 

open questions related to the PREPA FY 2019 financials statement and 

supplemental schedules.

Not in PR

25 Keys, Jamie 1/21/22 2.6 330.00 $ 858.00 $ Review the Ankura December 2021 monthly fee statement provided by C. 

Parker (ACG).

Not in PR

3 Marino, 

Nicholas

1/21/22 0.6 495.00 $ 297.00 $ Continue updating PREPA FY 2022 fiscal plan overtime data reporting for the 

December 2021 working file.

Not in PR

3 Crisalli, Paul 1/21/22 0.3 875.00 $ 262.50 $ Participate in discussion with J. San Miguel (ACG) regarding FY 2019 

supplemental schedule matters in preparation for meeting with PREPA Finance 

and FPV Galindez.

Not in PR

2 Keys, Jamie 1/21/22 0.5 330.00 $ 165.00 $ Review the current version of the January 2022 cash flow budget prior to 

circulating to P. Crisalli (ACG).

Not in PR

2 Porter, Lucas 1/21/22 0.4 570.00 $ 228.00 $ Participate on call with P. Crisalli (ACG) regarding potential liquidity impact to 

PREPA regarding future T&D account funding requirements.

Not in PR

2 Crisalli, Paul 1/21/22 0.2 875.00 $ 175.00 $ Correspond with PREPA regarding GenCo and HoldCo employee disbursement 

assumptions and mapping to inform the January 2022 cash flow budget.

Not in PR

3 Marino, 

Nicholas

1/21/22 0.7 495.00 $ 346.50 $ Continue updating PREPA FY 2022 fiscal plan overtime data reporting for the 

October 2021 working file.

Not in PR

2 Crisalli, Paul 1/21/22 0.7 875.00 $ 612.50 $ Review draft January 2022 cash flow budget outputs and provide comments to 

J. Keys (ACG).

Not in PR

3 San Miguel, 

Jorge

1/21/22 0.8 620.00 $ 496.00 $ Participate on call with L. Porter (ACG) and P. Crisalli (ACG) regarding open 

questions related to the PREPA FY 2019 financials statement and supplemental 

schedules.

PR

Exhibit C

March 1, 2022 / #PR00055 20 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 214 of 229
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 1/21/22 0.5 570.00 $ 285.00 $ Prepare response and follow up information request for J. Adrover (PREPA) 

and S. Cortes (FPVG) related to information request for financial statements 

required by the FY 2022 fiscal plan.

Not in PR

3 Porter, Lucas 1/21/22 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to discuss RFI from M. DiConza (OMM) 

and AAFAF related to the PREPA FY 2022 fiscal plan.

Not in PR

2 Crisalli, Paul 1/21/22 0.7 875.00 $ 612.50 $ Update the monthly cash flow analysis for December 2021 actuals to inform 

cash flow reporting to AAFAF.

Not in PR

3 San Miguel, 

Jorge

1/21/22 0.3 620.00 $ 186.00 $ Participate in discussion with P. Crisalli (ACG) regarding FY 2019 

supplemental schedule matters in preparation for meeting with PREPA Finance 

and FPV Galindez.

PR

2 Keys, Jamie 1/21/22 1.4 330.00 $ 462.00 $ Finish updating the January 2022 cash flow budget prior to sending to P. 

Crisalli (ACG) for review.

Not in PR

3 Marino, 

Nicholas

1/21/22 0.3 495.00 $ 148.50 $ Review analysis and summary findings for FY 2016 - FY 2018 General Ledger 

and Audited Financial Statement data comparison ahead of meeting with R. 

Arrieta (SM), L. Bauer (NR), L. Matias, J. Adrover (PREPA) and L. Porter 

(ACG).

Not in PR

3 Crisalli, Paul 1/21/22 0.4 875.00 $ 350.00 $ Develop request for information from PREPA Finance regarding the FY 2019 

supplemental schedules and statement of cash flows.

Not in PR

3 San Miguel, 

Jorge

1/21/22 0.9 620.00 $ 558.00 $ Review PREB motion provided by K. Bolanos (D&V) on Luma budget 

submittal to inform PREPA budget development requests for Generation and 

HoldCo.

PR

2 Crisalli, Paul 1/21/22 0.8 875.00 $ 700.00 $ Review the supporting information and revise the Restoration and 

Reconstruction forecast for the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 1/21/22 0.9 500.00 $ 450.00 $ Review and edit materials requested by AAFAF related to the PREPA FY 2022 

fiscal plan.

PR

2 Crisalli, Paul 1/21/22 1.9 875.00 $ 1,662.50 $ Develop Bunker C and Diesel fuel oil spend analysis to inform the January 2022 

cash flow budget.

Not in PR

50 Marino, 

Nicholas

1/21/22 1.2 495.00 $ 594.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the creditor reporting workstream.

Not in PR

25 Parker, 

Christine

1/21/22 1.1 200.00 $ 220.00 $ Review Exhibit C to the Ankura January 2022 monthly fee statement for 

information currently assembled.

Not in PR

2 Crisalli, Paul 1/21/22 0.4 875.00 $ 350.00 $ Participate on call with L. Porter (ACG) regarding potential liquidity impact to 

PREPA regarding future T&D account funding requirements.

Not in PR

3 Porter, Lucas 1/21/22 0.5 570.00 $ 285.00 $ Review pension expense information for presentation materials requested by 

AAFAF and M. DiConza (OMM) related to the PREPA FY 2022 fiscal plan.

Not in PR

3 Marino, 

Nicholas

1/21/22 0.5 495.00 $ 247.50 $ Participate on call with R. Arrieta (SM), L. Bauer (NR), J. Adrover (PREPA) 

and L. Porter (ACG) regarding the status of collecting data to support the 

PREPA Annual Financial Information and Operating Data Report for use in FY 

2022 fiscal plan implementation.

Not in PR

2 Crisalli, Paul 1/21/22 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 and the January 2022 cash flow 

budget.

Not in PR

2 Crisalli, Paul 1/21/22 0.6 875.00 $ 525.00 $ Revise the GridCo and GenCo/HoldCo employee disbursement assumptions and 

related templates for the January 2022 cash flow budget.

Not in PR

3 Crisalli, Paul 1/21/22 0.8 875.00 $ 700.00 $ Participate on call with L. Porter (ACG) and J. San Miguel (ACG) regarding 

open questions related to the PREPA FY 2019 financials statement and 

supplemental schedules.

Not in PR

3 Porter, Lucas 1/21/22 0.4 570.00 $ 228.00 $ Prepare and send summary comments on supplementary schedule information to 

N. Morales (PREPA) for financial statements required by the FY 2022 fiscal 

plan.

Not in PR

3 Crisalli, Paul 1/21/22 0.4 875.00 $ 350.00 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 1/14/22.

Not in PR

3 Porter, Lucas 1/21/22 0.5 570.00 $ 285.00 $ Participate on call with R. Arrieta (SM), L. Bauer (NR), J. Adrover (PREPA) 

and N. Marino (ACG) regarding the status of collecting data to support the 

PREPA Annual Financial Information and Operating Data Report for use in FY 

2022 fiscal plan implementation.

Not in PR

2 Crisalli, Paul 1/21/22 0.3 875.00 $ 262.50 $ Participate on calls with J. Keys (ACG) to discuss open items related to the 

January 2022 cash flow budget.

Not in PR

3 San Miguel, 

Jorge

1/21/22 0.8 620.00 $ 496.00 $ Review liquidity and cash management reports distributed per certified fiscal 

plan.

PR

2 Crisalli, Paul 1/21/22 0.3 875.00 $ 262.50 $ Review the PREPA monthly bank balance reports as requested by AAFAF and 

provide comments to J. Keys (ACG).

Not in PR

2 Crisalli, Paul 1/21/22 0.2 875.00 $ 175.00 $ Participate on call with V. Rivera (Luma) regarding PUMA and Novum 

invoices and related payments for the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 1/21/22 1.9 500.00 $ 950.00 $ Review filings by the FOMB regarding the status of the Plan of Adjustment of 

the Central Government and the PREPA restructuring to inform next steps on 

FY 2022 fiscal plan implementation.

PR

3 Porter, Lucas 1/21/22 1.3 570.00 $ 741.00 $ Prepare responding presentation materials for AAFAF and M. DiConza (OMM) 

related to the PREPA FY 2022 fiscal plan.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 21 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 215 of 229
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

54 Porter, Lucas 1/21/22 0.5 570.00 $ 285.00 $ Participate on call with S. Diaz (ARI) and J. Keys (ACG) regarding the 

earthquake peaking unit RFI related to Palo Seco generation.

Not in PR

50 Keys, Jamie 1/21/22 0.3 330.00 $ 99.00 $ Correspond with G. Olivera (OMM) regarding the monthly accounts receivable 

reports.

Not in PR

2 Crisalli, Paul 1/21/22 0.4 875.00 $ 350.00 $ Participate on call with K. Kostyk (Luma) regarding GridCo employee 

disbursements for the January 2022 cash flow budget.

Not in PR

2 Keys, Jamie 1/21/22 0.3 330.00 $ 99.00 $ Participate on calls with P. Crisalli (ACG) to discuss open items related to the 

January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/21/22 0.6 570.00 $ 342.00 $ Revise exhibit with Title III administrative expense estimates to inform response 

to request for information from AAFAF and M. DiConza (OMM) related to the 

PREPA FY 2022 fiscal plan.

Not in PR

54 Keys, Jamie 1/21/22 0.5 330.00 $ 165.00 $ Participate on call with S. Diaz (ARI) and L. Porter (ACG) regarding the 

earthquake peaking unit RFI related to Palo Seco generation.

Not in PR

3 Marino, 

Nicholas

1/21/22 0.7 495.00 $ 346.50 $ Continue updating PREPA FY 2022 fiscal plan overtime data reporting for the 

November 2021 working file.

Not in PR

2 Crisalli, Paul 1/21/22 0.5 875.00 $ 437.50 $ Revise the Title III and non-Title III professional services and legal services 

forecast for the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 1/21/22 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to discuss RFI from M. DiConza 

(OMM) and AAFAF related to the PREPA FY 2022 fiscal plan.

PR

51 Keys, Jamie 1/21/22 0.6 330.00 $ 198.00 $ Review the emergency vendor summary presentation material provided by L. 

Porter (ACG) prior to sending updates.

Not in PR

2 Crisalli, Paul 1/21/22 0.7 875.00 $ 612.50 $ Review supporting documents and revise the diesel forecast for updated 

information provided by Luma for the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/22/22 1.8 875.00 $ 1,575.00 $ Develop summary analyses of draft January 2022 cash flow budget. Not in PR

3 Porter, Lucas 1/22/22 1.2 570.00 $ 684.00 $ Analyze FY 2022 fiscal plan financial projections to inform revisions to 

presentation materials for AAFAF and M. DiConza (OMM) related to PREPA 

FY 2022 fiscal plan.

Not in PR

3 Gil, Gerard 1/22/22 1.2 500.00 $ 600.00 $ Review updated draft materials related to the PREPA FY 2022 fiscal plan for 

submission to AAFAF.

PR

3 Gil, Gerard 1/22/22 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss revisions to presentation 

materials for AAFAF and M. DiConza (OMM) related to the PREPA FY 2022 

fiscal plan.

PR

3 Porter, Lucas 1/22/22 2.1 570.00 $ 1,197.00 $ Incorporate updated information discussed with G. Gil (ACG) into presentation 

materials for AAFAF and M. DiConza (OMM) related to PREPA FY 2022 

fiscal plan.

Not in PR

3 Porter, Lucas 1/22/22 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss revisions to presentation 

materials for AAFAF and M. DiConza (OMM) related to the PREPA FY 2022 

fiscal plan.

Not in PR

3 Gil, Gerard 1/22/22 0.4 500.00 $ 200.00 $ Review the latest PREB order on fuel adjustment to inform materials requested 

by AAFAF.

PR

3 Porter, Lucas 1/23/22 0.2 570.00 $ 114.00 $ Review additional follow-up information from S. Cortes (FPVG) regarding 

historical financial information related to the FY 2022 fiscal plan debt chapter.

Not in PR

3 Porter, Lucas 1/23/22 0.6 570.00 $ 342.00 $ Review responding information from S. Cortes (FPVG) regarding historical 

financial information related to the FY 2022 fiscal plan debt chapter.

Not in PR

2 Crisalli, Paul 1/23/22 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 for the week ended 1/14/22.

Not in PR

51 Keys, Jamie 1/23/22 2.0 330.00 $ 660.00 $ Review the current draft of the emergency vendor summary presentation and 

provide comments to L. Porter (ACG) regarding the same.

Not in PR

3 Porter, Lucas 1/23/22 0.3 570.00 $ 171.00 $ Review responding information provided by M. DiConza (OMM) related to 

PREPA FY 2022 fiscal plan presentation materials for AAFAF.

Not in PR

2 Crisalli, Paul 1/24/22 0.5 875.00 $ 437.50 $ Participate on call with M. DiConza (OMM) and J. San Miguel (ACG) 

regarding emergency vendor outstanding invoices and related FEMA proceeds 

to inform the January 2022 cash flow budget.

Not in PR

25 Keys, Jamie 1/24/22 0.9 330.00 $ 297.00 $ Finish review of the Ankura December 2021 monthly fee statement provided by 

C. Parker (ACG).

Not in PR

50 San Miguel, 

Jorge

1/24/22 0.2 620.00 $ 124.00 $ Participate in discussion with M. DiConza (OMM) regarding the mediation 

process with creditor stakeholders and next steps with the FOMB.

PR

2 San Miguel, 

Jorge

1/24/22 0.7 620.00 $ 434.00 $ Participate on call with D. Miller (Luma), K. Kostyk (Luma), J. Keys (ACG), L. 

Porter (ACG) and P. Crisalli (ACG) regarding the assumptions and draft outputs 

to the January 2022 cash flow budget.

PR

6 Gil, Gerard 1/24/22 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to review the latest P3 Authority 

generation transformation transaction O&M agreement.

PR

2 Crisalli, Paul 1/24/22 0.2 875.00 $ 175.00 $ Follow-up correspondence with K. Kostyk (Luma) regarding the GridCo 

employee disbursements included in the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/24/22 0.6 570.00 $ 342.00 $ Prepare responding document for S. Acevedo (PREPA) regarding information 

request related to the PREPA FY 2022 budget.

Not in PR

2 Crisalli, Paul 1/24/22 0.5 875.00 $ 437.50 $ Prepare summary of December 2021 Government accounts receivable regarding 

a request for information from AAFAF.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 22 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 216 of 229
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 1/24/22 0.7 500.00 $ 350.00 $ Review and analyze request received from S. Acevedo (PREPA) related to the 

latest PREB order on the FY 2022 budget.

PR

2 Crisalli, Paul 1/24/22 0.2 875.00 $ 175.00 $ Review updated PUMA supplier payment history provided by J. Roque (Luma) 

to inform the January 2022 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

1/24/22 0.5 620.00 $ 310.00 $ Participate on call with M. DiConza (OMM) and P. Crisalli (ACG) regarding 

emergency vendor outstanding invoices and related FEMA proceeds to inform 

the January 2022 cash flow budget.

PR

2 Crisalli, Paul 1/24/22 0.3 875.00 $ 262.50 $ Prepare for call with Luma regarding the assumptions and draft outputs to the 

January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 1/24/22 0.8 500.00 $ 400.00 $ Participate on call with L. Porter (ACG) to revise responding document for S. 

Acevedo (PREPA) regarding information request related to the PREPA FY 

2022 budget.

PR

3 Porter, Lucas 1/24/22 0.8 570.00 $ 456.00 $ Participate on call with G. Gil (ACG) to revise responding document for S. 

Acevedo (PREPA) regarding information request related to the PREPA FY 

2022 budget.

Not in PR

2 Crisalli, Paul 1/24/22 0.7 875.00 $ 612.50 $ Participate on call with D. Miller (Luma), K. Kostyk (Luma), J. Keys (ACG), L. 

Porter (ACG) and J. San Miguel (ACG) regarding the assumptions and draft 

outputs to the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/24/22 0.8 570.00 $ 456.00 $ Prepare revised response document for J. Adrover (PREPA) and S. Cortes 

(FPVG) regarding historical financial information required for FY 2022 fiscal 

plan implementation.

Not in PR

2 Crisalli, Paul 1/24/22 0.6 875.00 $ 525.00 $ Participate on call with E. Barbosa (PREPA) regarding Bunker C, Diesel and 

LNG forecast for the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/24/22 0.4 875.00 $ 350.00 $ Prepare for call with E. Barbosa (PREPA) regarding Bunker C, Diesel and LNG 

forecast for the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/24/22 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 for the week ended 1/21/22.

Not in PR

2 Crisalli, Paul 1/24/22 1.3 875.00 $ 1,137.50 $ Revise the Bunker C, Diesel and LNG January 2022 cash flow budget support 

schedules based on updated information provided by the PREPA Fuels Office.

Not in PR

3 Crisalli, Paul 1/24/22 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) to discuss the PREPA fuel 

consumption forecast.

Not in PR

51 Keys, Jamie 1/24/22 1.1 330.00 $ 363.00 $ Revise the emergency vendor summary presentation provided by L. Porter 

(ACG).

Not in PR

3 Gil, Gerard 1/24/22 0.9 500.00 $ 450.00 $ Participate in meeting with L. Porter (ACG) to discuss regulatory materials 

provided by S. Acevedo (PREPA) related to the PREPA FY 2022 budget.

PR

3 Gil, Gerard 1/24/22 0.2 500.00 $ 100.00 $ Review draft responding document for S. Acevedo (PREPA) regarding 

information request on PREPA FY 2022 budget.

PR

2 Crisalli, Paul 1/24/22 0.3 875.00 $ 262.50 $ Participate on follow-up call with J. San Miguel (ACG) regarding the 

assumptions and draft outputs to the January 2022 cash flow budget.

Not in PR

2 Crisalli, Paul 1/24/22 0.5 875.00 $ 437.50 $ Participate on call with N. Morales (PREPA) regarding the January 2022 cash 

flow budget assumptions and draft outputs.

Not in PR

2 Crisalli, Paul 1/24/22 1.1 875.00 $ 962.50 $ Review the revised master payment schedule provided by the PREPA Fuels 

Office to inform the January 2022 cash flow budget.

Not in PR

25 Keys, Jamie 1/24/22 3.4 330.00 $ 1,122.00 $ Review the Ankura December 2021 monthly fee statement provided by C. 

Parker (ACG).

Not in PR

2 Keys, Jamie 1/24/22 0.7 330.00 $ 231.00 $ Participate on call with D. Miller (Luma), K. Kostyk (Luma), P. Crisalli (ACG), 

L. Porter (ACG) and J. San Miguel (ACG) regarding the assumptions and draft 

outputs to the January 2022 cash flow budget.

Not in PR

2 San Miguel, 

Jorge

1/24/22 0.3 620.00 $ 186.00 $ Participate on follow-up call with P. Crisalli (ACG) regarding the assumptions 

and draft outputs to the January 2022 cash flow budget.

PR

3 Gil, Gerard 1/24/22 1.2 500.00 $ 600.00 $ Participate on call with M. DiConza (OMM) and AAFAF representatives to 

discuss FY 2022 fiscal plan materials requested by AAFAF.

PR

3 Porter, Lucas 1/24/22 0.5 570.00 $ 285.00 $ Review regulatory materials provided by S. Acevedo (PREPA) related to the 

PREPA FY 2022 budget.

Not in PR

6 Gil, Gerard 1/24/22 0.5 500.00 $ 250.00 $ Participate on call with F. Fontanes (P3A) to discuss the P3 Authority 

generation transformation transaction process and next steps.

PR

3 Gil, Gerard 1/24/22 0.5 500.00 $ 250.00 $ Review and update the PREPA workstreams matrix to advance FY 2022 fiscal 

plan implementation.

PR

2 Crisalli, Paul 1/24/22 1.2 875.00 $ 1,050.00 $ Update the non-fuel and purchased power operating disbursement assumptions 

to the January 2022 cash flow budget based on revised information provided by 

Luma and PREPA.

Not in PR

6 Porter, Lucas 1/24/22 0.2 570.00 $ 114.00 $ Review responding information from N. Koeppen (CGSH) related to the T&D 

O&M agreement.

Not in PR

6 Porter, Lucas 1/24/22 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to review the latest P3 Authority 

generation transformation transaction O&M agreement.

Not in PR

2 Porter, Lucas 1/24/22 0.7 570.00 $ 399.00 $ Participate on call with D. Miller (Luma), K. Kostyk (Luma), J. Keys (ACG), P. 

Crisalli (ACG) and J. San Miguel (ACG) regarding the assumptions and draft 

outputs to the January 2022 cash flow budget.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 23 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 217 of 229
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

1/24/22 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) to discuss the PREPA fuel 

consumption forecast.

PR

3 Porter, Lucas 1/24/22 0.9 570.00 $ 513.00 $ Participate in meeting with G. Gil (ACG) to discuss regulatory materials 

provided by S. Acevedo (PREPA) related to the PREPA FY 2022 budget.

Not in PR

3 Gil, Gerard 1/24/22 0.2 500.00 $ 100.00 $ Participate on call with G. Loran (AAFAF) regarding the Government accounts 

receivable aging report required under the FY 2022 fiscal plan.

PR

2 Crisalli, Paul 1/24/22 0.4 875.00 $ 350.00 $ Update the January 2022 cash flow budget work plan and RFI tracker for current 

correspondence and revised templates.

Not in PR

2 Keys, Jamie 1/24/22 1.1 330.00 $ 363.00 $ Update the January 2022 cash flow budget for additional inputs provided by P. 

Crisalli (ACG).

Not in PR

3 Porter, Lucas 1/25/22 0.6 570.00 $ 342.00 $ Review financial operational statistics workbook for discussion with J. Gandía 

(Luma) regarding regulatory disclosures required for FY 2022 fiscal plan 

implementation. 

Not in PR

51 Keys, Jamie 1/25/22 0.4 330.00 $ 132.00 $ Participate on call with P. Crisalli (ACG) and S. Diaz (ARI) to discuss the 

emergency vendor RFR and related proceeds received from COR3.

Not in PR

3 Marino, 

Nicholas

1/25/22 0.5 495.00 $ 247.50 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and L. Porter 

(ACG) to discuss updates related to PREPA FY 2022 fiscal plan 

implementation and reporting.

Not in PR

2 Keys, Jamie 1/25/22 1.2 330.00 $ 396.00 $ Update the January 2022 cash flow budget for additional inputs provided by P. 

Crisalli (ACG).

Not in PR

51 Keys, Jamie 1/25/22 0.5 330.00 $ 165.00 $ Participate on telephone call with S. Diaz (ARI) regarding emergency vendor 

invoice level details for reimbursement purposes.

Not in PR

54 Keys, Jamie 1/25/22 0.7 330.00 $ 231.00 $ Participate on telephone call with S. Diaz (ARI) regarding the FEMA request 

related to the earthquake peaking unit analysis.

Not in PR

51 San Miguel, 

Jorge

1/25/22 0.4 620.00 $ 248.00 $ Review spreadsheet provided by J. Rosado (ARI) related to invoice reviews for 

emergency vendor reimbursement process with COR3.

PR

51 Keys, Jamie 1/25/22 0.8 330.00 $ 264.00 $ Participate on telephone call with J. Rosado (ARI) regarding the status of 

various emergency vendor invoices pending PREPA approval.

Not in PR

3 Gil, Gerard 1/25/22 0.6 500.00 $ 300.00 $ Participate on call with M. Rodriguez (PMA) and R. Zampierollo (PREPA) to 

discuss FY 2022 fiscal plan implementation of the corporate reorganization 

initiative.

PR

50 Marino, 

Nicholas

1/25/22 1.4 495.00 $ 693.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the creditor reporting workstream.

Not in PR

51 Crisalli, Paul 1/25/22 0.5 875.00 $ 437.50 $ Participate on emergency vendor status update call with J. Keys (ACG), J. San 

Miguel (ACG) and various representatives of ARI, Luma and PREPA (partial).

Not in PR

2 Crisalli, Paul 1/25/22 0.3 875.00 $ 262.50 $ Develop correspondence to Luma and PREPA regarding current status of the 

January 2022 cash flow budget.

Not in PR

51 Crisalli, Paul 1/25/22 0.2 875.00 $ 175.00 $ Participate on call with J. San Miguel (ACG) to discuss next steps following 

meeting with FOMB advisors and O'Melveny & Myers representatives related to 

emergency vendor payment matters.

Not in PR

51 San Miguel, 

Jorge

1/25/22 0.9 620.00 $ 558.00 $ Participate on emergency vendor status update call with J. Keys (ACG), P. 

Crisalli (ACG) and various representatives of ARI, Luma and PREPA.

PR

3 San Miguel, 

Jorge

1/25/22 0.4 620.00 $ 248.00 $ Participate in discussion with N. Morales (PREPA) regarding the status of the 

2019 financial statement audit process and pending deliverables.

PR

3 Gil, Gerard 1/25/22 0.5 500.00 $ 250.00 $ Participate on call with R. Zampierollo (PREPA), L. Porter (ACG) and N. 

Marino (ACG) to discuss updates related to PREPA FY 2022 fiscal plan 

implementation and reporting.

PR

2 Crisalli, Paul 1/25/22 0.6 875.00 $ 525.00 $ Revise the January 2022 cash flow budget and related support schedule and 

outputs for revised GridCo payroll assumptions provided by Luma.

Not in PR

51 San Miguel, 

Jorge

1/25/22 0.2 620.00 $ 124.00 $ Participate on call with P. Crisalli (ACG) to discuss next steps following 

meeting with FOMB advisors and O'Melveny & Myers representatives related to 

emergency vendor payment matters.

PR

3 Porter, Lucas 1/25/22 0.8 570.00 $ 456.00 $ Participate on call with J. Gandía (Luma), L. Matias (PREPA), L. Bauer (NR), 

N. Marino (ACG) and other PREPA representatives to discuss accounting 

analysis for regulatory disclosures required for FY 2022 fiscal plan 

implementation.

Not in PR

51 Keys, Jamie 1/25/22 0.6 330.00 $ 198.00 $ Review additional emergency vendor information provided by C. Iglesias (I&I) 

for use in the summary presentation.

Not in PR

51 Keys, Jamie 1/25/22 0.4 330.00 $ 132.00 $ Review emergency vendor invoice level details provided by S. Diaz (ARI) for 

use in reconciliation to the RFR.

Not in PR

51 Keys, Jamie 1/25/22 0.9 330.00 $ 297.00 $ Participate on emergency vendor status update call with J. San Miguel (ACG), 

P. Crisalli (ACG) and various representatives of ARI, Luma and PREPA.

PR

6 Gil, Gerard 1/25/22 0.7 500.00 $ 350.00 $ Participate on call with L. Porter (ACG) to discuss funding requirements 

stipulated by the P3 Authority generation transformation transaction O&M 

agreement.

PR

51 San Miguel, 

Jorge

1/25/22 0.5 620.00 $ 310.00 $ Participate in call with P. Possinger (Proskauer), E. Abbott (Baker), M. DiConza 

(OMM), M. Zaltsberg (BD) and E. Barak (Proskauer) regarding emergency 

vendor payment matters.

PR

Exhibit C

March 1, 2022 / #PR00055 24 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 218 of 229
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 1/25/22 0.7 570.00 $ 399.00 $ Participate on call with G. Gil (ACG) to discuss funding requirements stipulated 

by the P3 Authority generation transformation transaction O&M agreement.

Not in PR

2 Crisalli, Paul 1/25/22 0.5 875.00 $ 437.50 $ Participate on call with K. Kostyk (Luma) regarding GridCo payroll assumptions 

for the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/25/22 0.3 570.00 $ 171.00 $ Participate on call with S. Cortes (FPVG) regarding historical financial 

information related to the FY 2022 fiscal plan debt chapter.

Not in PR

3 Porter, Lucas 1/25/22 0.5 570.00 $ 285.00 $ Participate on call with R. Zampierollo (PREPA), G. Gil (ACG) and N. Marino 

(ACG) to discuss updates related to PREPA FY 2022 fiscal plan 

implementation and reporting.

Not in PR

3 Marino, 

Nicholas

1/25/22 0.6 495.00 $ 297.00 $ Participate on call with J. Gandía (Luma), L. Matias (PREPA), L. Bauer (NR), 

L. Porter (ACG) and other PREPA representatives to discuss accounting 

analysis for regulatory disclosures required for FY 2022 fiscal plan 

implementation (partial).

Not in PR

2 Crisalli, Paul 1/25/22 0.9 875.00 $ 787.50 $ Participate on call with N. Morales (PREPA) regarding the assumptions and 

draft outputs for the January 2022 cash flow budget.

Not in PR

3 Gil, Gerard 1/25/22 0.4 500.00 $ 200.00 $ Participate on call with AAFAF representatives to discuss PREPA FY 2022 

fiscal plan implementation of Generation P3 transaction.

PR

3 Porter, Lucas 1/25/22 0.4 570.00 $ 228.00 $ Review accounting analysis provided by J. Gandía (Luma) to inform regulatory 

disclosures required for FY 2022 fiscal plan implementation.

Not in PR

51 Crisalli, Paul 1/25/22 1.1 875.00 $ 962.50 $ Review invoice level detail for emergency vendor-related requests for 

reimbursements, amounts paid and outstanding invoices to inform cash flow 

reporting.

Not in PR

3 Gil, Gerard 1/25/22 0.2 500.00 $ 100.00 $ Participate on call with R. Zampierollo (PREPA) to discuss FY 2022 fiscal plan 

initiatives implementation.

PR

51 Crisalli, Paul 1/25/22 0.4 875.00 $ 350.00 $ Participate on call with J. Keys (ACG) and S. Diaz (ARI) to discuss the 

emergency vendor RFR and related proceeds received from COR3.

Not in PR

51 San Miguel, 

Jorge

1/25/22 0.4 620.00 $ 248.00 $ Review emergency vendor accounts payable records responding to inquiry 

received from O'Melveny & Myers representatives.

PR

51 Keys, Jamie 1/25/22 0.5 330.00 $ 165.00 $ Participate on telephone call with S. Diaz (ARI) regarding a summary report for 

the status of emergency vendor invoices pending approval.

Not in PR

6 Porter, Lucas 1/25/22 0.4 570.00 $ 228.00 $ Review information provided by P. Crisalli (ACG) related to service account 

funding required by the T&D O&M agreement.

Not in PR

2 San Miguel, 

Jorge

1/25/22 0.5 620.00 $ 310.00 $ Review the updated cash flow budget for January 2022 provided by P. Crisalli 

(ACG).

PR

25 Parker, 

Christine

1/25/22 1.7 200.00 $ 340.00 $ Review Exhibit C to the Ankura January 2022 monthly fee statement for 

information currently assembled.

Not in PR

3 Gil, Gerard 1/26/22 0.2 500.00 $ 100.00 $ Participate on calls with L. Porter (ACG) to prepare for meeting regarding FY 

2022 fiscal plan implementation reporting.

PR

50 Keys, Jamie 1/26/22 1.0 330.00 $ 330.00 $ Prepare the weekly accounts payable report for review by P. Crisalli (ACG) 

prior to distribution of the weekly reporting package.

Not in PR

50 Smith, James 1/26/22 0.4 750.00 $ 300.00 $ Participate on call with J. Squiers (ACG) to discuss creditor reporting 

workstreams and deliverables. 

Not in PR

2 Crisalli, Paul 1/26/22 0.3 875.00 $ 262.50 $ Finalize cash flow budget versus actual reporting for week ended 1/14/22. Not in PR

50 Marino, 

Nicholas

1/26/22 1.1 495.00 $ 544.50 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the creditor reporting workstream.

Not in PR

50 Keys, Jamie 1/26/22 0.4 330.00 $ 132.00 $ Prepare the weekly reporting package for distribution. Not in PR

3 Marino, 

Nicholas

1/26/22 0.8 495.00 $ 396.00 $ Finalize PREPA FY 2022 fiscal plan overtime data reporting for the October 

2021 presentation.

Not in PR

50 Keys, Jamie 1/26/22 0.2 330.00 $ 66.00 $ Correspond with P. Crisalli (ACG) regarding distribution of the weekly 

reporting package.

Not in PR

2 Keys, Jamie 1/26/22 0.3 330.00 $ 99.00 $ Review the proposed final January 2022 cash flow budget. Not in PR

2 Crisalli, Paul 1/26/22 0.4 875.00 $ 350.00 $ Review proposed final January 2022 cash flow budget and provide comments to 

J. Keys (ACG).

Not in PR

6 San Miguel, 

Jorge

1/26/22 0.8 620.00 $ 496.00 $ Review updated P3 Authority procurement documentation in support of the P3 

Authority generation transformation transaction process.

PR

50 Squiers, Jay 1/26/22 0.6 785.00 $ 471.00 $ Review documents to inform discussions related to the creditor stakeholder 

reporting workstream.

Not in PR

3 Gil, Gerard 1/26/22 1.0 500.00 $ 500.00 $ Participate in meeting with K. Bolanos (DV), L. Porter (ACG) and J. San 

Miguel (ACG) to discuss PREPA regulatory matters to inform FY 2022 fiscal 

plan implementation reporting.

PR

2 Keys, Jamie 1/26/22 0.9 330.00 $ 297.00 $ Finalize the proposed January 2022 cash flow budget. Not in PR

3 Marino, 

Nicholas

1/26/22 0.7 495.00 $ 346.50 $ Finalize PREPA FY 2022 fiscal plan overtime data reporting for the November 

2021 working file.

Not in PR

2 Keys, Jamie 1/26/22 1.3 330.00 $ 429.00 $ Prepare the cash flow outputs for the week ended 1/21/22 for review by P. 

Crisalli (ACG).

Not in PR

3 Porter, Lucas 1/26/22 0.6 570.00 $ 342.00 $ Revise PREPA FY 2022 fiscal plan debt restructuring presentation materials 

provided by G. Gil (ACG) and G. Olivera (OMM) to include updated financial 

exhibits and statistics.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 25 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 219 of 229
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 1/26/22 1.7 500.00 $ 850.00 $ Review proposal materials provided by F. Fontanes (P3A) regarding the P3 

Authority generation transformation transaction RFP in preparation for 

upcoming Partnership Committee meetings.

PR

50 Porter, Lucas 1/26/22 0.4 570.00 $ 228.00 $ Prepare the revised list of PREB regulatory docket information for J. San 

Miguel (ACG) to inform response to the creditor representative inquiry.

Not in PR

3 Porter, Lucas 1/26/22 0.5 570.00 $ 285.00 $ Review and revise the updated fleet status report provided by J. Smith (ACG) 

for the 1/23/22 generation operating report submittal to FOMB required by the 

FY 2022 certified fiscal plan.

Not in PR

2 Porter, Lucas 1/26/22 0.2 570.00 $ 114.00 $ Participate on call with P. Crisalli (ACG) regarding FY 2022 certified budget 

pension amounts to inform the January 2022 cash flow budget.

Not in PR

2 Keys, Jamie 1/26/22 0.6 330.00 $ 198.00 $ Revise the cash flow outputs per comments provided by P. Crisalli (ACG). Not in PR

3 San Miguel, 

Jorge

1/26/22 0.2 620.00 $ 124.00 $ Participate on call with AAFAF regarding DOE matters related to renewable 

energy initiatives.

PR

3 Marino, 

Nicholas

1/26/22 0.7 495.00 $ 346.50 $ Finalize PREPA FY 2022 fiscal plan overtime data reporting for the October 

2021 working file.

Not in PR

3 Porter, Lucas 1/26/22 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 

1/23/22 required by the FY 2022 certified fiscal plan.

Not in PR

50 Keys, Jamie 1/26/22 0.4 330.00 $ 132.00 $ Review the weekly cash flow forecast documents prior to distribution. Not in PR

2 Crisalli, Paul 1/26/22 0.6 875.00 $ 525.00 $ Finalize cash flow reporting for week ended 1/21/22. Not in PR

3 San Miguel, 

Jorge

1/26/22 1.0 620.00 $ 620.00 $ Participate in meeting with K. Bolanos (DV), G. Gil (ACG) and L. Porter (ACG) 

to discuss PREPA regulatory matters to inform FY 2022 fiscal plan 

implementation reporting.

PR

6 Gil, Gerard 1/26/22 0.2 500.00 $ 100.00 $ Participate on call with F. Fontanes (P3A) regarding upcoming meeting with P3 

Authority generation transformation transaction proponents.

PR

3 Marino, 

Nicholas

1/26/22 0.7 495.00 $ 346.50 $ Finalize PREPA FY 2022 fiscal plan overtime data reporting for December 

2021 presentation.

Not in PR

3 Gil, Gerard 1/26/22 1.1 500.00 $ 550.00 $ Participate in meeting with M. Zapata (PREPA), R. Zampierollo (PREPA), F. 

Osorio (PREPA), F. Hernandez (FOMB), F. Ramirez (FOMB), R. Rosario 

(FOMB), Y. Hickey (FOMB) and L. Porter (ACG) to discuss FY 2022 fiscal 

plan implementation reporting.

PR

2 Keys, Jamie 1/26/22 1.1 330.00 $ 363.00 $ Prepare the cash flow outputs for the week ended 1/14/22 for review by P. 

Crisalli (ACG).

Not in PR

25 Parker, 

Christine

1/26/22 0.6 200.00 $ 120.00 $ Update Exhibits A, B and C of the Ankura January 2021 monthly fee statement 

for information currently available.

Not in PR

6 Gil, Gerard 1/26/22 2.5 500.00 $ 1,250.00 $ Review the T&D O&M agreement in preparation for upcoming meeting with P3 

Authority generation transformation transaction proponents.

PR

2 Crisalli, Paul 1/26/22 0.2 875.00 $ 175.00 $ Participate on call with L. Porter (ACG) regarding FY 2022 certified budget 

pension amounts to inform the January 2022 cash flow budget.

Not in PR

50 Crisalli, Paul 1/26/22 0.4 875.00 $ 350.00 $ Review the accounts payable report and provide comments to J. Keys (ACG). Not in PR

50 Squiers, Jay 1/26/22 0.4 785.00 $ 314.00 $ Participate on call with J. Smith (ACG) to discuss creditor reporting 

workstreams and deliverables. 

Not in PR

3 Porter, Lucas 1/26/22 0.9 570.00 $ 513.00 $ Analyze historic PREPA revenues and rate data to inform updates to 

presentation materials from G. Gil (ACG) and G. Olivera (OMM) related to the 

PREPA FY 2022 fiscal plan debt restructuring update. 

Not in PR

2 Porter, Lucas 1/26/22 0.6 570.00 $ 342.00 $ Review documents provided by P. Crisalli (ACG) related to FY 2022 certified 

budget Pension amounts to inform the January 2022 cash flow budget.

Not in PR

3 Marino, 

Nicholas

1/26/22 0.8 495.00 $ 396.00 $ Finalize PREPA FY 2022 fiscal plan overtime data reporting for the November 

2021 presentation.

Not in PR

25 Parker, 

Christine

1/26/22 1.6 200.00 $ 320.00 $ Assemble time descriptions for the period 1/16/22 - 1/22/22 for inclusion in the 

Ankura January 2022 monthly fee statement.

Not in PR

50 Keys, Jamie 1/26/22 0.9 330.00 $ 297.00 $ Prepare the weekly FEMA flash report for the week ended 1/21/22 for review by 

P. Crisalli (ACG).

Not in PR

2 Crisalli, Paul 1/26/22 0.7 875.00 $ 612.50 $ Review the revised cash flow forecast for the week ended 1/14/22 and provide 

comments to J. Keys (ACG).

Not in PR

50 Keys, Jamie 1/26/22 0.6 330.00 $ 198.00 $ Review the project worksheet status report provided by S. Diaz (ARI) for use in 

updating the FEMA flash report.

Not in PR

2 Crisalli, Paul 1/26/22 0.2 875.00 $ 175.00 $ Participate on call with J. Adrover (PREPA) regarding supporting pension 

funding information provided by PREPA finance to inform the January 2022 

cash flow budget.

Not in PR

3 Porter, Lucas 1/26/22 1.5 570.00 $ 855.00 $ Prepare the generation operational report for the week ending 1/23/22 based on 

data received from G. Soto (Luma) for FOMB as required by the PREPA FY 

2022 fiscal plan.

Not in PR

50 Porter, Lucas 1/26/22 0.3 570.00 $ 171.00 $ Participate on call with G. Soto (Luma) and J. Smith (ACG) to discuss 

generation system updates for creditor reporting purposes.

Not in PR

50 Crisalli, Paul 1/26/22 0.2 875.00 $ 175.00 $ Review FEMA flash report and related supporting documents and provide 

comments to J. Keys (ACG).

Not in PR

Exhibit C

March 1, 2022 / #PR00055 26 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 220 of 229
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 1/26/22 0.2 330.00 $ 66.00 $ Correspond with G. Olivera (OMM) regarding distribution of the weekly 

reporting package.

Not in PR

2 Crisalli, Paul 1/26/22 0.8 875.00 $ 700.00 $ Review revised invoice level detail for emergency vendor related requests for 

reimbursements, amounts paid and outstanding invoices to inform cash flow 

reporting.

Not in PR

3 San Miguel, 

Jorge

1/26/22 0.5 620.00 $ 310.00 $ Review summary reports for the PREPA Board of Directors meeting related to 

financial, operational, renewable procurement, and corporate restructuring 

developments to inform fiscal plan initiatives.

PR

3 San Miguel, 

Jorge

1/26/22 1.8 620.00 $ 1,116.00 $ Attend the monthly PREPA Board of Directors meeting to inform financial, 

operational and transformation updates under the FY 2022 certified fiscal plan.

PR

50 Smith, James 1/26/22 0.5 750.00 $ 375.00 $ Prepare the fleet status report for creditor reporting purposes. Not in PR

6 Porter, Lucas 1/26/22 1.7 570.00 $ 969.00 $ Review overview presentation from G. Gil (ACG) regarding P3 Authority 

generation transformation transaction proposals for Partnership Committee 

meetings.

Not in PR

2 Keys, Jamie 1/26/22 1.0 330.00 $ 330.00 $ Participate on various calls with P. Crisalli (ACG) regarding the January 2022 

cash flow budget and related weekly budget-to-actual reporting.

Not in PR

50 Smith, James 1/26/22 0.3 750.00 $ 225.00 $ Participate on call with G. Soto (Luma) and L. Porter (ACG) to discuss 

generation system updates for creditor reporting purposes.

Not in PR

3 Gil, Gerard 1/26/22 1.8 500.00 $ 900.00 $ Attend the monthly PREPA Board of Directors meeting to inform financial, 

operational and transformation updates under the FY 2022 certified fiscal plan.

PR

6 San Miguel, 

Jorge

1/26/22 0.9 620.00 $ 558.00 $ Revise and update new generation development strategy for discussion with P3 

Authority and AAFAF.

PR

2 Crisalli, Paul 1/26/22 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

2 Crisalli, Paul 1/26/22 0.4 875.00 $ 350.00 $ Prepare the daily cash flow and bank balance report for N. Morales (PREPA). Not in PR

3 Marino, 

Nicholas

1/26/22 0.6 495.00 $ 297.00 $ Finalize revising PREPA FY 2022 fiscal plan overtime data reporting for the 

December 2021 working file.

Not in PR

50 Keys, Jamie 1/26/22 0.2 330.00 $ 66.00 $ Participate on telephone call with G. Olivera (OMM) regarding the distribution 

of the weekly reporting package.

Not in PR

3 Porter, Lucas 1/26/22 0.5 570.00 $ 285.00 $ Participate on call with G. Gil (ACG) to discuss the P3 Authority generation 

transformation transaction RFP bid documents in advance of meeting with P3 

Authority.

Not in PR

3 Porter, Lucas 1/26/22 0.2 570.00 $ 114.00 $ Participate on calls with G. Gil (ACG) to prepare for meeting regarding FY 

2022 fiscal plan implementation reporting.

Not in PR

3 Porter, Lucas 1/26/22 1.0 570.00 $ 570.00 $ Participate in meeting with K. Bolanos (DV), G. Gil (ACG) and J. San Miguel 

(ACG) to discuss PREPA regulatory matters to inform FY 2022 fiscal plan 

implementation reporting.

Not in PR

2 Crisalli, Paul 1/26/22 1.0 875.00 $ 875.00 $ Participate on various calls with J. Keys (ACG) regarding the January 2022 cash 

flow budget and related weekly budget-to-actual reporting.

Not in PR

2 Crisalli, Paul 1/26/22 0.5 875.00 $ 437.50 $ Review revised supporting pension funding information provided by PREPA 

finance to inform the January 2022 cash flow budget.

Not in PR

3 Porter, Lucas 1/26/22 1.1 570.00 $ 627.00 $ Participate in meeting with M. Zapata (PREPA), R. Zampierollo (PREPA), F. 

Osorio (PREPA), F. Hernandez (FOMB), F. Ramirez (FOMB), R. Rosario 

(FOMB), Y. Hickey (FOMB) and G. Gil (ACG) to discuss FY 2022 fiscal plan 

implementation reporting.

Not in PR

2 Crisalli, Paul 1/26/22 0.6 875.00 $ 525.00 $ Review the revised cash flow forecast for the week ended 1/21/22 and provide 

comments to J. Keys (ACG).

Not in PR

3 Gil, Gerard 1/26/22 0.5 500.00 $ 250.00 $ Participate on call with L. Porter (ACG) to discuss the P3 Authority generation 

transformation transaction RFP bid documents in advance of meeting with P3 

Authority.

PR

6 Gil, Gerard 1/27/22 0.8 500.00 $ 400.00 $ Participate in discussion with J. San Miguel (ACG) regarding comments and 

inquiries related to P3 Authority generation transformation transaction assets 

assessment bidder proposals requested by M. Zapata (PREPA).

PR

6 Porter, Lucas 1/27/22 0.3 570.00 $ 171.00 $ Participate on call with G. Gil (ACG) to discuss revised list of questions on 

presentation materials related to P3 Authority generation transformation 

transaction proposals for meeting with Partnership Committee.

Not in PR

3 Crisalli, Paul 1/27/22 0.6 875.00 $ 525.00 $ Review documents and prepare the cash flow and liquidity-related postcertification fiscal plan reports for week ended 1/21/22.

Not in PR

6 Gil, Gerard 1/27/22 0.3 500.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss revised list of questions on 

presentation materials related to P3 Authority generation transformation 

transaction proposals for meeting with Partnership Committee.

PR

6 Gil, Gerard 1/27/22 0.3 500.00 $ 150.00 $ Participate on call with M. Zapata (PREPA) to discuss proposals and 

preparation for upcoming meeting with proponents for the P3 Authority 

generation transformation transaction.

PR

6 San Miguel, 

Jorge

1/27/22 1.4 620.00 $ 868.00 $ Review the draft P3 Authority generation transformation transaction assets 

assessment of proposals provided by P3 Authority in preparation for meeting 

and issues list for PREPA management.

PR

Exhibit C

March 1, 2022 / #PR00055 27 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 221 of 229
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 1/27/22 0.2 500.00 $ 100.00 $ Participate in discussion with G. Loran (AAFAF) regarding Government 

accounts receivable balances and plan to address uncollected amounts as 

required by the FY 2022 fiscal plan.

PR

25 Parker, 

Christine

1/27/22 0.4 200.00 $ 80.00 $ Update Exhibits A, B and C of the Ankura December 2021 monthly fee 

statement for additional information provided by Ankura team members.

Not in PR

6 San Miguel, 

Jorge

1/27/22 1.3 620.00 $ 806.00 $ Prepare the updated issues list for J. Colon (PREPA) and M. Zapata (PREPA) 

for management presentation with P3 Authority generation transformation 

transaction proponent on 1/28/22.

PR

6 Porter, Lucas 1/27/22 0.6 570.00 $ 342.00 $ Prepare questions on presentation materials related to P3 Authority generation 

transformation transaction proposals based on review with J. San Miguel (ACG) 

and G. Gil (ACG) for meeting with the Partnership Committee.

Not in PR

6 Gil, Gerard 1/27/22 4.0 500.00 $ 2,000.00 $ Participate in the first part of the 1/27/22 Partnership Committee meeting with 

proponent for the P3 Authority generation transformation transaction with J. San 

Miguel (ACG), L. Porter (ACG) and representatives of PREPA, AAFAF and P3 

Authority.

PR

6 Gil, Gerard 1/27/22 0.6 500.00 $ 300.00 $ Review and edit Q&A materials for meeting with proponent for distribution to 

M. Zapata (PREPA).

PR

6 Gil, Gerard 1/27/22 1.5 500.00 $ 750.00 $ Participate in meeting with J. San Miguel (ACG) to prepare list of issues and 

comments for J. Colon (PREPA) and M. Zapata (PREPA) for meeting with P3 

Authority and Generation Asset proponent.

PR

54 Keys, Jamie 1/27/22 2.1 330.00 $ 693.00 $ Review Palo Seco generation information for use in reconciliation to the 

earthquake peaking unit analysis as requested by S. Diaz (ARI).

Not in PR

6 Gil, Gerard 1/27/22 0.5 500.00 $ 250.00 $ Participate on calls with L. Porter (ACG) to review overview presentation on P3 

Authority generation transformation transaction proposals for Partnership 

Committee meetings.

PR

50 San Miguel, 

Jorge

1/27/22 0.2 620.00 $ 124.00 $ Review request for information from creditor stakeholder representative related 

to the Commonwealth Fiscal Plan and related PREPA pension matters.

PR

6 San Miguel, 

Jorge

1/27/22 0.8 620.00 $ 496.00 $ Participate in discussion with G. Gil (ACG) regarding comments and inquiries 

related to P3 Authority generation transformation transaction assets assessment 

bidder proposals requested by M. Zapata (PREPA).

PR

6 Gil, Gerard 1/27/22 1.8 500.00 $ 900.00 $ Review materials for upcoming meeting with proponent for the P3 Authority 

generation transformation transaction and prepare Q&A requested by M. Zapata 

(PREPA).

PR

6 San Miguel, 

Jorge

1/27/22 4.0 620.00 $ 2,480.00 $ Participate in the first part of the 1/27/22 Partnership Committee meeting with 

proponent for the P3 Authority generation transformation transaction with G. 

Gil (ACG), L. Porter (ACG) and representatives of PREPA, AAFAF and P3 

Authority.

PR

25 Keys, Jamie 1/27/22 0.8 330.00 $ 264.00 $ Review P. Crisalli (ACG) comments to the Ankura December 2021 monthly fee 

statement.

Not in PR

3 San Miguel, 

Jorge

1/27/22 0.3 620.00 $ 186.00 $ Participate on call with DOE representatives regarding renewable energy 

initiatives under fiscal plan, status of procurement process, and federal funds 

eligibility.

PR

25 Crisalli, Paul 1/27/22 3.6 875.00 $ 3,150.00 $ Review Exhibits A, B and C to the Ankura December 2021 monthly fee 

statement.

Not in PR

3 San Miguel, 

Jorge

1/27/22 0.2 620.00 $ 124.00 $ Participate on call with F. Santos (PREPA) regarding DOE RFI related 

renewable energy matters.

PR

6 Porter, Lucas 1/27/22 4.0 570.00 $ 2,280.00 $ Participate in the first part of the 1/27/22 Partnership Committee meeting with 

proponent for the P3 Authority generation transformation transaction with J. San 

Miguel (ACG), G. Gil (ACG) and representatives of PREPA, AAFAF and P3 

Authority.

Not in PR

25 Crisalli, Paul 1/27/22 2.1 875.00 $ 1,837.50 $ Continue review of Exhibit C to the Ankura December 2021 monthly fee 

statement.

Not in PR

6 Gil, Gerard 1/27/22 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to revise list of questions provided by J. 

San Miguel (ACG) related to P3 Authority generation transformation transaction 

materials for meeting with Partnership Committee.

PR

25 Parker, 

Christine

1/27/22 1.6 200.00 $ 320.00 $ Review Exhibit C to the Ankura January 2022 monthly fee statement for 

information currently assembled.

Not in PR

6 San Miguel, 

Jorge

1/27/22 0.4 620.00 $ 248.00 $ Continue participation in meeting with G. Gil (ACG) and representatives of P3 

Authority, AAFAF and the P3 Authority generation transformation transaction 

proponent team to discuss management proposal presentation.

PR

50 Keys, Jamie 1/27/22 0.5 330.00 $ 165.00 $ Prepare the weekly cash flow and liquidity related files for FOMB fiscal plan 

reporting purposes.

Not in PR

50 San Miguel, 

Jorge

1/27/22 0.2 620.00 $ 124.00 $ Correspond with M. DiConza (OMM) and AAFAF regarding the creditor 

stakeholder representative RFI related to PREPA pension matters.

PR

3 San Miguel, 

Jorge

1/27/22 1.5 620.00 $ 930.00 $ Participate in the FOMB public meeting related to the Commonwealth Plan of 

Adjustment, schedule for PREPA restructuring and exit from Title III.

PR

2 Keys, Jamie 1/27/22 0.8 330.00 $ 264.00 $ Review the cash flow and liquidity related certified fiscal plan post-certification 

and milestone reporting provided by P. Crisalli (ACG).

Not in PR

Exhibit C

March 1, 2022 / #PR00055 28 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 222 of 229
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

1/27/22 1.5 620.00 $ 930.00 $ Participate in meeting with G. Gil (ACG) to prepare list of issues and comments 

for J. Colon (PREPA) and M. Zapata (PREPA) for meeting with P3 Authority 

and Generation Asset proponent.

PR

51 Porter, Lucas 1/27/22 1.0 570.00 $ 570.00 $ Analyze historical operating and financial data to inform response to S. Diaz 

(ARI) and J. Keys (ACG) related to FEMA funding.

Not in PR

6 Porter, Lucas 1/27/22 0.5 570.00 $ 285.00 $ Review and revise list of P3 Authority bidder questions from J. San Miguel 

(ACG) for G. Gil (ACG) and PREPA management team to use during the 

Partnership Committee meeting.

Not in PR

50 Marino, 

Nicholas

1/27/22 0.4 495.00 $ 198.00 $ Aggregate PREPA-related news for J. Smith (ACG) to inform discussion 

materials for the creditor reporting workstream.

Not in PR

51 Keys, Jamie 1/27/22 0.6 330.00 $ 198.00 $ Participate on telephone call with N. Ortiz (I&I) regarding changes to 

emergency vendor invoice information for use in the summary presentation.

Not in PR

6 Gil, Gerard 1/27/22 0.4 500.00 $ 200.00 $ Continue participation in meeting with J. San Miguel (ACG) and representatives 

of P3 Authority, AAFAF and the P3 Authority generation transformation 

transaction proponent team to discuss management proposal presentation.

PR

51 Porter, Lucas 1/27/22 0.3 570.00 $ 171.00 $ Review historical operating data from G. Soto (Luma) to inform response to S. 

Diaz (ARI) and J. Keys (ACG) related to FEMA funding.

Not in PR

6 Porter, Lucas 1/27/22 1.1 570.00 $ 627.00 $ Analyze historical revenue trends compared with regulatory authorized rates for 

request from G. Gil (ACG) to prepare for the P3 Authority generation 

transformation transaction Partnership Committee meeting.

Not in PR

6 Porter, Lucas 1/27/22 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to revise list of questions provided by J. 

San Miguel (ACG) related to P3 Authority generation transformation transaction 

materials for meeting with Partnership Committee.

Not in PR

6 Porter, Lucas 1/27/22 0.5 570.00 $ 285.00 $ Participate on calls with G. Gil (ACG) to review overview presentation on P3 

Authority generation transformation transaction proposals for Partnership 

Committee meetings.

Not in PR

3 Porter, Lucas 1/28/22 0.4 570.00 $ 228.00 $ Prepare responding information for J. Adrover (PREPA) regarding historical 

financial information required for FY 2022 fiscal plan implementation.

Not in PR

25 Keys, Jamie 1/28/22 0.6 330.00 $ 198.00 $ Participate on call with P. Crisalli (ACG) regarding summary of fees to be 

included in the Ankura thirteenth interim fee application.

Not in PR

3 Crisalli, Paul 1/28/22 0.3 875.00 $ 262.50 $ Participate in discussion with G. Loran (AAFAF) and G. Gil (ACG) regarding 

accounts receivable reporting and plan to address uncollected amounts as 

required by the FY 2022 fiscal plan.

Not in PR

6 Porter, Lucas 1/28/22 3.1 570.00 $ 1,767.00 $ Participate in 1/28/22 Partnership Committee meeting with J. Colon (PREPA), 

M. Zapata (PREPA), D. Owens (PREPA), F. Fontanes (P3A), S. Torres (P3A), 

other P3 Authority, FOMB, and PREPA representatives, P3 proposal team 

representatives, J. San Miguel (ACG) and G. Gil (ACG) for the P3 Authority 

generation transformation transaction bidder presentation and discussion.

Not in PR

25 Parker, 

Christine

1/28/22 1.5 200.00 $ 300.00 $ Review final version of the Ankura December 2021 monthly fee statement prior 

to submitting to client, fee examiner and Prime Clerk.

Not in PR

3 San Miguel, 

Jorge

1/28/22 1.0 620.00 $ 620.00 $ Review PREB filings and resolutions related to PREPA renewable energy 

transformation and procurement initiatives.

PR

6 Gil, Gerard 1/28/22 0.9 500.00 $ 450.00 $ Participate in debrief meeting with J. San Miguel (ACG) and representatives of 

AAFAF, P3 Authority, PREPA, Diaz & Vaz and FOMB advisors to review and 

discuss next steps related to P3 Authority generation transformation transaction 

bid proposals.

PR

3 Porter, Lucas 1/28/22 0.2 570.00 $ 114.00 $ Participate on call with J. Smith (ACG) to discuss the draft 1/30/22 generation 

operating report required by the FY 2022 fiscal plan.

Not in PR

3 Smith, James 1/28/22 0.2 750.00 $ 150.00 $ Participate on call with L. Porter (ACG) to discuss the draft 1/30/22 generation 

operating report required by the FY 2022 fiscal plan.

Not in PR

6 Porter, Lucas 1/28/22 0.2 570.00 $ 114.00 $ Correspond with S. Rodriguez (Luma) regarding the cost analysis for Shared 

Services required under the T&D O&M agreement.

Not in PR

25 Keys, Jamie 1/28/22 0.6 330.00 $ 198.00 $ Review federal funding information included in the Ankura thirteenth interim 

fee application.

Not in PR

6 San Miguel, 

Jorge

1/28/22 0.9 620.00 $ 558.00 $ Participate in debrief meeting with G. Gil (ACG) and representatives of AAFAF, 

P3 Authority, PREPA, D&V and FOMB advisors to review and discuss next 

steps related to P3 Authority generation transformation transaction bid 

proposals.

PR

25 Keys, Jamie 1/28/22 0.5 330.00 $ 165.00 $ Review the summary of fees to be included in the Ankura thirteenth interim fee 

application.

Not in PR

3 Porter, Lucas 1/28/22 0.5 570.00 $ 285.00 $ Revise and submit the draft fleet status report provided by J. Smith (ACG) for 

the 1/23/22 generation operating report required by the FY 2022 certified fiscal 

plan.

Not in PR

3 San Miguel, 

Jorge

1/28/22 0.5 620.00 $ 310.00 $ Participate in discussion with AAFAF representatives regarding response to 

DOE inquiries to PREPA related to renewable energy procurement processes, 

coordination with PREB and the FOMB.

PR

54 Keys, Jamie 1/28/22 1.2 330.00 $ 396.00 $ Review Palo Seco generation information for use in reconciliation to the 

earthquake peaking unit analysis as requested by S. Diaz (ARI).

Not in PR

Exhibit C

March 1, 2022 / #PR00055 29 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 223 of 229
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 1/28/22 3.4 875.00 $ 2,975.00 $ Review current draft of the Ankura thirteenth interim fee application and 

provide comments to Ankura team.

Not in PR

6 San Miguel, 

Jorge

1/28/22 3.1 620.00 $ 1,922.00 $ Participate in 1/28/22 Partnership Committee meeting with J. Colon (PREPA), 

M. Zapata (PREPA), D. Owens (PREPA), F. Fontanes (P3A), S. Torres (P3A), 

other P3 Authority, FOMB, and PREPA representatives, P3 proposal team 

representatives, L. Porter (ACG) and G. Gil (ACG) for the P3 Authority 

generation transformation transaction bidder presentation and discussion.

PR

3 Gil, Gerard 1/28/22 0.3 500.00 $ 150.00 $ Participate in discussion with G. Loran (AAFAF) and P. Crisalli (ACG) 

regarding accounts receivable reporting and plan to address uncollected 

amounts as required by the FY 2022 fiscal plan.

PR

25 Crisalli, Paul 1/28/22 0.7 875.00 $ 612.50 $ Review final draft of the Ankura December 2021 monthly fee statement. Not in PR

6 Gil, Gerard 1/28/22 1.1 500.00 $ 550.00 $ Conduct review and analysis of proposal for the P3 Authority generation 

transformation transaction to inform discussions with PREPA Partnership 

Committee members.

PR

25 Parker, 

Christine

1/28/22 0.8 200.00 $ 160.00 $ Assemble final version of the Ankura December 2021 monthly fee statement for 

approval and sign-off by P. Crisalli (ACG).

Not in PR

25 Keys, Jamie 1/28/22 1.1 330.00 $ 363.00 $ Review P. Crisalli (ACG) comments to the Ankura thirteenth interim fee 

application and correspond with G. Gil (ACG) and L. Porter (ACG) regarding 

the same.

Not in PR

25 Keys, Jamie 1/28/22 1.0 330.00 $ 330.00 $ Review the final Ankura December 2021 monthly fee statement. Not in PR

25 Crisalli, Paul 1/28/22 0.6 875.00 $ 525.00 $ Participate on call with J. Keys (ACG) regarding summary of fees to be included 

in the Ankura thirteenth interim fee application.

Not in PR

2 Crisalli, Paul 1/28/22 1.1 875.00 $ 962.50 $ Develop templates for the cash flow and liquidity reports for the week ended 

1/28/22.

Not in PR

6 Gil, Gerard 1/28/22 3.1 500.00 $ 1,550.00 $ Participate in 1/28/22 Partnership Committee meeting with J. Colon (PREPA), 

M. Zapata (PREPA), D. Owens (PREPA), F. Fontanes (P3A), S. Torres (P3A), 

other P3 Authority, FOMB, and PREPA representatives, P3 proposal team 

representatives, J. San Miguel (ACG) and L. Porter (ACG) for the P3 Authority 

generation transformation transaction bidder presentation and discussion.

PR

6 Porter, Lucas 1/28/22 0.4 570.00 $ 228.00 $ Revise the analysis of historical revenue trends compared with regulatory 

authorized rates to inform request from G. Gil (ACG) related to the P3 Authority 

Partnership Committee meeting.

Not in PR

6 San Miguel, 

Jorge

1/28/22 1.1 620.00 $ 682.00 $ Participate in meeting with AAFAF to discuss generation procurement 

transaction next steps, bid evaluation and O&M contract provisions.

PR

3 Gil, Gerard 1/29/22 0.3 500.00 $ 150.00 $ Review materials received from P3 Authority for the upcoming US 

Congressional hearing on Puerto Rico's energy transformation to advance FY 

2022 fiscal plan implementation.

PR

3 San Miguel, 

Jorge

1/29/22 0.1 620.00 $ 62.00 $ Correspond with J. Colon (PREPA) regarding request received from AAFAF 

related to the PREPA energy transformation initiatives for the Governor's 

Congressional hearing.

PR

3 Porter, Lucas 1/29/22 0.4 570.00 $ 228.00 $ Prepare responding information for J. San Miguel (ACG) related to FY 2022 

fiscal plan reporting requirements.

Not in PR

3 Gil, Gerard 1/29/22 0.4 500.00 $ 200.00 $ Review request received from AAFAF for materials for the upcoming US 

Congressional hearing on Puerto Rico's energy transformation to advance FY 

2022 fiscal plan implementation.

PR

3 San Miguel, 

Jorge

1/30/22 0.4 620.00 $ 248.00 $ Review draft update on T&D and Generation transformation initiatives provided 

by P3 Authority in support of US Congressional hearing testimony by the 

Governor.

PR

3 Porter, Lucas 1/30/22 0.2 570.00 $ 114.00 $ Review the draft memorandum received from J. San Miguel (ACG) regarding 

FY 2022 fiscal plan transformation matters.

Not in PR

3 Porter, Lucas 1/30/22 0.7 570.00 $ 399.00 $ Revise the draft memorandum received from J. San Miguel (ACG) regarding FY 

2022 fiscal plan transformation matters to incorporate additional detail on 

resource planning.

Not in PR

3 San Miguel, 

Jorge

1/30/22 0.3 620.00 $ 186.00 $ Review request from AAFAF related to the PREPA energy transformation 

initiatives update for the Congressional hearing testimony by Governor.

PR

3 San Miguel, 

Jorge

1/30/22 0.3 620.00 $ 186.00 $ Correspond with L. Porter (ACG) and G. Gil (ACG) regarding comments and 

outline of Congressional hearing update related to the PREPA energy 

transformation initiatives requested by AAFAF.

PR

3 Porter, Lucas 1/30/22 0.2 570.00 $ 114.00 $ Review the FY 2022 fiscal plan resource planning chapter to inform response to 

J. San Miguel (ACG) regarding the same.

Not in PR

2 Crisalli, Paul 1/31/22 0.3 875.00 $ 262.50 $ Review the daily Government collections detail provided by Luma to support 

the cash reports for the week ended 1/28/22.

Not in PR

3 Gil, Gerard 1/31/22 0.5 500.00 $ 250.00 $ Participate in discussion with J. San Miguel (ACG) regarding comments to draft 

testimony for the Governor's congressional hearing on PREPA transformation 

initiatives.

PR

6 Porter, Lucas 1/31/22 0.6 570.00 $ 342.00 $ Review information provided by S. Rodriguez (Luma) regarding the cost 

analysis for Shared Services required under the T& D O&M agreement.

Not in PR

Exhibit C

March 1, 2022 / #PR00055 30 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 224 of 229
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

54 Keys, Jamie 1/31/22 0.6 330.00 $ 198.00 $ Participate on telephone call with S. Diaz (ARI) regarding summary information 

needed for the earthquake peaking unit RFI.

Not in PR

3 Porter, Lucas 1/31/22 0.6 570.00 $ 342.00 $ Participate on call with G. Gil (ACG) to prepare for meeting with R. 

Zampierollo (PREPA) regarding FY 2022 fiscal plan reporting for February 

2022.

Not in PR

2 Keys, Jamie 1/31/22 0.5 330.00 $ 165.00 $ Revise the cash flow outputs for the week ended 1/28/22 per comments 

provided by P. Crisalli (ACG).

Not in PR

2 Crisalli, Paul 1/31/22 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 1/31/22 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 Porter, Lucas 1/31/22 0.5 570.00 $ 285.00 $ Participate on call with M. Meyer (Aon), B. Law (Aon), G. Gil (ACG) and J. 

San Miguel (ACG) to discuss status of the FY 2022 fiscal plan pension reform 

initiative to address requests from AAFAF.

Not in PR

2 Crisalli, Paul 1/31/22 0.2 875.00 $ 175.00 $ Correspond with E. Barbosa (PREPA) regarding supporting information for 

PUMA Bunker C payment made on 1/28/22.

Not in PR

3 Crisalli, Paul 1/31/22 0.6 875.00 $ 525.00 $ Participate on call with L. Porter (ACG), G. Gil (ACG) and J. San Miguel 

(ACG) regarding PREPA CFO transition presentation materials and next steps 

requested by J. Colon (PREPA).

Not in PR

3 Porter, Lucas 1/31/22 0.5 570.00 $ 285.00 $ Review the updated draft memorandum from G. Gil (ACG) and J. San Miguel 

(ACG) regarding FY 2022 fiscal plan transformation matters to incorporate 

additional details related to resource planning.

Not in PR

2 Crisalli, Paul 1/31/22 0.9 875.00 $ 787.50 $ Review and update the Diesel and Bunker C support schedules for invoice 

payment detail provided by Luma to support the cash reports for the week ended 

1/28/22.

Not in PR

3 Gil, Gerard 1/31/22 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG), J. San Miguel (ACG) and P. Crisalli 

(ACG) regarding PREPA CFO transition presentation materials and next steps 

requested by J. Colon (PREPA).

PR

3 Gil, Gerard 1/31/22 0.4 500.00 $ 200.00 $ Prepare materials requested by R. Zampierollo (PREPA) regarding the PREPA 

restructuring process for the PREPA CEO.

PR

3 San Miguel, 

Jorge

1/31/22 0.4 620.00 $ 248.00 $ Review inquiries and issues raised by Congressman Gonzalez related to the 

PREPA fiscal plan and transformation initiatives to inform response requested 

by R. Zampierollo (PREPA).

PR

3 Gil, Gerard 1/31/22 0.6 500.00 $ 300.00 $ Review and provide commentary and edits to the memorandum requested by 

AAFAF for the upcoming US Congressional Hearing on Puerto Rico's energy 

transformation to advance FY 2022 fiscal plan implementation.

PR

3 Gil, Gerard 1/31/22 0.5 500.00 $ 250.00 $ Participate on call with M. Meyer (Aon), B. Law (Aon), J. San Miguel (ACG) 

and L. Porter (ACG) to discuss status of the FY 2022 fiscal plan pension reform 

initiative to address requests from AAFAF.

PR

3 Porter, Lucas 1/31/22 0.6 570.00 $ 342.00 $ Participate on call with J. San Miguel (ACG), G. Gil (ACG) and P. Crisalli 

(ACG) regarding PREPA CFO transition presentation materials and next steps 

requested by J. Colon (PREPA).

Not in PR

2 Crisalli, Paul 1/31/22 1.0 875.00 $ 875.00 $ Review Bunker C detail per the current Master Payment Schedule provided by 

PREPA Fuels Office to inform the cash flow variances for the week ended 

1/28/22.

Not in PR

3 San Miguel, 

Jorge

1/31/22 1.0 620.00 $ 620.00 $ Review the PREPA certified fiscal plan to inform Congressional testimony by 

the Governor related to PREPA transformation initiatives.

PR

2 Keys, Jamie 1/31/22 0.4 330.00 $ 132.00 $ Review P. Crisalli (ACG) comments to the cash flow outputs for the week 

ended 1/28/22.

Not in PR

2 Crisalli, Paul 1/31/22 0.8 875.00 $ 700.00 $ Review the Novum credit exposure report as of 1/31/22 to inform the weekly 

cash flow reporting.

Not in PR

6 San Miguel, 

Jorge

1/31/22 0.4 620.00 $ 248.00 $ Review the consolidated list of questions for GenCo proponents related to O&M 

procurement matters.

PR

3 Gil, Gerard 1/31/22 0.5 500.00 $ 250.00 $ Participate on calls with L. Porter (ACG) to discuss the FY 2023 fiscal plan 

development process to inform meetings with PREPA management.

PR

3 Crisalli, Paul 1/31/22 0.7 875.00 $ 612.50 $ Review the supplemental schedule and financial statement supporting analysis 

provided by S. Cortes (Galindez) in preparation for call on 2/1/22.

Not in PR

54 Keys, Jamie 1/31/22 1.1 330.00 $ 363.00 $ Continue review of Palo Seco generation information for use in reconciliation to 

the earthquake peaking unit analysis as requested by S. Diaz (ARI).

Not in PR

3 Gil, Gerard 1/31/22 0.8 500.00 $ 400.00 $ Participate on call with R. Zampierollo (PREPA) to review and discuss 

materials on the PREPA restructuring requested by PREPA CEO, and various 

FY 2022 fiscal plan implementation workstreams.

PR

3 San Miguel, 

Jorge

1/31/22 0.3 620.00 $ 186.00 $ Participate on call with M. Meyer (Aon), B. Law (Aon), G. Gil (ACG) and L. 

Porter (ACG) to discuss status of the FY 2022 fiscal plan pension reform 

initiative to address requests from AAFAF (partial).

PR

3 San Miguel, 

Jorge

1/31/22 0.4 620.00 $ 248.00 $ Review information provided by M. Zapata (PREPA) in support of RFI from 

AAFAF for the Governor's Congressional testimony related to PREPA 

transformation initiatives.

PR

Exhibit C

March 1, 2022 / #PR00055 31 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 225 of 229
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

1/31/22 0.4 620.00 $ 248.00 $ Review draft responses to inquiries from Congressman Gonzalez regarding the 

PREPA fiscal plan initiatives and transformation process provided by G. Gil 

(ACG).

PR

3 San Miguel, 

Jorge

1/31/22 0.5 620.00 $ 310.00 $ Participate in discussion with G. Gil (ACG) regarding comments to draft 

testimony for the Governor's congressional hearing on PREPA transformation 

initiatives.

PR

2 Crisalli, Paul 1/31/22 0.4 875.00 $ 350.00 $ Correspond with J. Roque (Luma) regarding questions related to disbursement 

categorization per the daily cash report.

Not in PR

3 Porter, Lucas 1/31/22 0.5 570.00 $ 285.00 $ Participate on calls with G. Gil (ACG) to discuss the FY 2023 fiscal plan 

development process to inform meetings with PREPA management.

Not in PR

3 Gil, Gerard 1/31/22 0.6 500.00 $ 300.00 $ Participate on call with L. Porter (ACG) to prepare for meeting with R. 

Zampierollo (PREPA) regarding FY 2022 fiscal plan reporting for February 

2022.

PR

2 Keys, Jamie 1/31/22 1.4 330.00 $ 462.00 $ Prepare the cash flow outputs for the week ended 1/28/22 for review by P. 

Crisalli (ACG).

Not in PR

50 San Miguel, 

Jorge

1/31/22 0.2 620.00 $ 124.00 $ Participate in discussion with M. DiConza (OMM) regarding the RFI from 

creditor stakeholder representatives related to financial and operational matters 

under the fiscal plan.

PR

2 Crisalli, Paul 1/31/22 0.4 875.00 $ 350.00 $ Review and update the fleet and storage support schedules for invoice payment 

detail provided by Luma to support the cash reports for the week ended 1/21/22.

Not in PR

2 Keys, Jamie 1/31/22 0.4 330.00 $ 132.00 $ Review the weekly cash flow and bank balance information provided by J. 

Roque (Luma).

Not in PR

50 San Miguel, 

Jorge

1/31/22 0.3 620.00 $ 186.00 $ Review various RFI from creditor stakeholder representatives related to 

financial and operational matters.

PR

3 Porter, Lucas 1/31/22 0.2 570.00 $ 114.00 $ Review the updated master payment schedule from E. Barbosa (PREPA) 

provided by P. Crisalli (ACG) to inform updates to FY 2022 fiscal plan 

reporting.

Not in PR

3 San Miguel, 

Jorge

1/31/22 1.5 620.00 $ 930.00 $ Prepare and revise testimony for the Governor's Congressional hearing on 

PREPA transformation initiatives with input from PREPA and P3 Authority.

PR

3 San Miguel, 

Jorge

1/31/22 0.4 620.00 $ 248.00 $ Review comments from L. Porter (ACG) to draft Congressional testimony by the 

Governor related to PREPA transformation initiatives.

PR

3 San Miguel, 

Jorge

1/31/22 0.8 620.00 $ 496.00 $ Review PREB approved IRP in support of the Congressional testimony by the 

Governor related to renewable energy initiatives.

PR

3 San Miguel, 

Jorge

1/31/22 0.6 620.00 $ 372.00 $ Participate on call with L. Porter (ACG), G. Gil (ACG) and P. Crisalli (ACG) 

regarding PREPA CFO transition presentation materials and next steps 

requested by J. Colon (PREPA).

PR

TOTAL 655.2 376,030.00 $ 

Exhibit C

March 1, 2022 / #PR00055 32 of 32

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 226 of 229
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#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 227 of 229
Exhibit D – Expense Summary By Expense Category and Complete Accounting Of Expenses Including Itemized Records

By Professional In Chronological Order

 Expense Category 

Billed 

Amount1

Airfare / Railway $ 752.40

Lodging $ 359.64

Meals $ 113.73

Transportation $ 139.09

TOTAL 1,364.86 $ 

1

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.

Exhibit D

March 1, 2022 / #PR00055 1 of 2

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 228 of 229
Exhibit D – Expense Summary By Expense Category and Complete Accounting Of Expenses Including Itemized Records

By Professional In Chronological Order

Expense Type Professional Date Expense Expense Description

Airfare / Railway Squiers, Jay 12/10/2021 $ 752.40 Roundtrip airfare from Dallas, TX to San Juan, PR 

(12/7/21 - 12/10/21).

Lodging Squiers, Jay 12/10/2021 $ 359.64 Lodging in San Juan, PR - 3 nights (12/7/21 - 12/10/21).

Meals Squiers, Jay 12/7/2021 $ 28.41 Per diem meal expenses in Puerto Rico.

Meals Squiers, Jay 12/8/2021 $ 28.32 Per diem meal expenses in Puerto Rico.

Meals Squiers, Jay 12/9/2021 $ 57.00 Per diem meal expenses in Puerto Rico.

Taxi/Limo Squiers, Jay 12/7/2021 19.49 $ Per diem transportation expense in Puerto Rico.

Taxi/Limo Squiers, Jay 12/9/2021 $ 10.94 Per diem transportation expense in Puerto Rico.

Taxi/Limo Squiers, Jay 12/10/2021 $ 8.66 Per diem transportation expense in Puerto Rico.

Transportation Squiers, Jay 12/10/2021 $ 100.00 Parking at DFW Airport (12/7/21 - 12/10/21).

Total $ 1,364.86 

Exhibit D

March 1, 2022 / #PR00055 2 of 2

Case:17-03283-LTS Doc#:23746 Filed:03/08/23 Entered:03/08/23 14:56:07 Desc: Main

Document Page 229 of 229