Second National Reconcilation Study EITI Peru - unofficial…

Second National Reconcilation Study EITI Peru - unofficial… Second National Reconcilation Study EITI Peru - unofficial…

16.08.2013 Views

Intellectual Property Clause All studies, reports, graphics, software or other materials prepared by the Consultant for the contracting party are the property of the EITI Peru Multi-Sector Permanent Committee and of the Swiss Confederation - State Secretariat for Economic Affairs – SECO, by virtue of this Contract. The Consultant shall be allowed to retain a copy of the aforesaid documents and software. 2

Lima, 13 December 2011 Mr José Luis Carbajal Briceño Technical Secretary of the EITI Peru Multi-Sector Permanent Committee Director General of the General Office of Social Management Ministry of Energy and Mines Dear Mr Carbajal Inscrita en la partida 11396556 del Registro de Personas Jurídicas de Lima y Callao Ernst & Young Perú Av. Víctor Andrés Belaúnde 171 San Isidro, Lima 27 - Perú Telf: +51 (1) 411 4444 Fax: +51 (1) 411 4445 www.ey.com In accordance with the Contract undertaken with the Swiss Confederation – State Secretariat for Economic Affairs – SECO (hereafter called the 'Contract' and 'SECO' respectively), signed on 13 July 2011, of which the EITI Peru Multi-Sector Permanent Committee (hereafter called the 'EITI Committee') is the beneficiary, and taking in account the following: - that the date for the commencement of work was set for 5 August 2011 - that it was agreed that Product No. 3, Final Report, would be presented forty (40) calendar days after validation by the EITI Committee of Product No. 2, Mid-term Progress Report, which took place on 2 November 2011 - that it shall be necessary for Product 3 to be reviewed and endorsed by the Committee within a period of no more than ten (10) calendar days from the date of presentation, please find attached Product 3, Final Report (Third Report). This includes the following: - an Executive Summary - the specific methodologies applied - the final outcomes of the reconciliation involving the payments effected by the participating companies and the revenues received by the Peruvian State through public institutions and the respective distribution of such revenues - conclusions and recommendations. In addition, statistical information which the Working Committee requested to be included in this Product has been included. This information includes: - aggregated total of revenues received by the Peruvian Government from extractive sector companies that were not signed up to the Initiative during the period 2008 to 2010 - totals represented by oil service contracts during the period 2008 to 2010 - total voluntary mining contribution during the period 2007 to 2011. Miembro de Ernst & Young Global

Intellectual Property Clause<br />

All studies, reports, graphics, software or other materials prepared by the Consultant for the contracting party are<br />

the property of the <strong>EITI</strong> <strong>Peru</strong> Multi-Sector Permanent Committee and of the Swiss Confederation - State<br />

Secretariat for Economic Affairs – SECO, by virtue of this Contract. The Consultant shall be allowed to retain a<br />

copy of the aforesaid documents and software.<br />

2

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