EPAP requires that operators annually declare the state of their infrastructure designed to ensure compliance with AER measure and reporting requirements to a reasonable level of assurance. Operators must have senior executives with provincial authority sign the declaration.
Operators are not asked to declare that they are fully compliant; only the extent to which they have controls in place that are intended to ensure compliance.
Attached to the declaration is a summary of the results of the operator’s evaluation of controls. (Evaluation of controls is described below.) To support this declaration, operators are expected to design controls, operate controls and evaluate their controls.
Most operators are implementing a new process to prepare and submit their declarations to the AER annually.
To invite a Corvelle consultant to your office to complete the EPAP Declaration, please contact us.