In 2017, we postponed our examination of Site C when government referred the project for review to the BC Utilities Commission. Since the Commission’s review, and government’s decision to proceed with the project, we have considered how we can design an audit to inform the legislature and public about a critical aspect of the Site C project.
Site C is the largest government-funded capital project in BC’s history, with an estimated budget of $10.7 billion. Construction of the project began in 2015 and is expected to be completed in 2024. As the financial risks and potential benefits are significant, we will conduct an audit of key controls in place to manage costs and scheduling risks associated with the implementation of the Site C project. We are planning to start this work in 2019.
Updated: January 18, 2019