Pg 1 of 9 555 12 th Street NW Ste 400 Washington, DC 20004-1207 Telephone: 202.220.2120 Facsimile: 855.405.2590 Steven Stanton Financial Advisory Services Provider UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK --------------------------------------------------------------- In re: WESTINGHOUSE ELECTRIC COMPANY LLC, et al., 1 Debtors. --------------------------------------------------------------- Chapter 11 Case No. 17-10751 (MEW) (Jointly Administered) EIGHTH MONTHLY FEE STATEMENT OF DELOITTE FINANCIAL ADVISORY SERVICES LLP FOR COMPENSATION FOR SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES INCURRED AS FINANCIAL ADVISORY SERVICES PROVIDER TO THE DEBTORS FOR THE PERIOD FROM JANUARY 1, 2018 THROUGH JANUARY 31, 2018 Name of Applicant: Authorized to Provide Services as: Financial Advisory Services Provider Date of Retention: Nunc Pro Tunc to March 29, 2017 Period for which Compensation and Reimbursement is Sought: January 1, 2018 through January 31, 2018 Amount of Compensation Sought as $19,831.90 Actual, Reasonable, and Necessary (100%): Amount of Expense Reimbursement Sought: $0.00 Total Amount of Fees and Expense Reimbursement Sought as Actual, Reasonable and Necessary (100%): $19,831.90 Less 20% Holdback: ($3,966.38) Total Fees and Expenses Due: $15,865.52 1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor s federal tax identification number, if any, are: (0933), CE Nuclear Power International, Inc. (8833), Fauske and Associates LLC (8538), Field Services, LLC (2550), Nuclear Technology Solutions LLC (1921), PaR Nuclear Holding Co., Inc. (7944), PaR Nuclear, Inc. (6586), PCI Energy Services LLC (9100), Shaw Global Services, LLC (0436), Shaw Nuclear Services, Inc. (6250), Stone & Webster Asia Inc. (1348), Stone & Webster Construction Inc. (1673), Stone & Webster International Inc. (1586), Stone & Webster Services LLC (5448), Toshiba Nuclear Energy Holdings (UK) Limited (N/A), TSB Nuclear Energy Services Inc. (2348), WEC Carolina Energy Solutions, Inc. (8735), WEC Carolina Energy Solutions, LLC (2002), WEC Engineering Services Inc. (6759), WEC Equipment & Machining Solutions, LLC (3135), WEC Specialty LLC (N/A), WEC Welding and Machining, LLC (8771), WECTEC Contractors Inc. (4168), WECTEC Global Project Services Inc. (8572), WECTEC LLC (6222), WECTEC Staffing Services LLC (4135), Westinghouse Energy Systems LLC (0328), Westinghouse Industry Products International Company LLC (3909), Westinghouse International Technology LLC (N/A), and Westinghouse Technology Licensing Company LLC (5961). The Debtors principal offices are located at 1000 Westinghouse Drive, Cranberry Township, Pennsylvania 16066.
Pg 2 of 9 CUMULATIVE TIME SUMMARY For the Period of January 1, 2018 through January 31, 2018 Name Position Total Hourly Hours Rate Total Fees Partner/Principal 4.80 $592.00 $2,841.60 Cohen, Mark Managing Director 0.70 $592.00 $414.40 Managing Director 3.70 $592.00 $2,190.40 Sr. Manager 12.40 $513.00 $6,361.20 Strahle, Robert Sr. Manager 0.90 $513.00 $461.70 Manager 1.20 $473.00 $567.60 Sr. Consultant 11.40 $350.00 $3,990.00 Sr. Consultant 8.10 $350.00 $2,835.00 Hommen, Kelly Consultant 0.50 $340.00 $170.00 Total Fees 43.70 $19,831.90 CUMULATIVE FEES BY CATEGORY SUMMARY For the Period of January 1, 2018 through January 31, 2018 Project Categories Total Hours Total Fees Project Barracuda 23.30 $12,358.70 Preparation of Fee Applications 20.40 $7,473.20 Total Fees 43.70 $19,831.90 Average Billing Rate: $453.82 2
Pg 3 of 9 Project Barracuda 01/02/2018 Review of analysis. 01/03/2018 Call with S. Stanton (Deloitte) to discuss status of project. Call with T. Stafford (Deloitte) to discuss status of project. $592.00 0.3 $177.60 Review of analysis. $513.00 0.1 $51.30 01/04/2018 01/08/2018 Cohen, Mark Internal call to discuss independence issues. Discuss timeline with S. Stanton and R. Strahle (both $592.00 0.5 $296.00 $592.00 0.2 $118.40 Review of report. $513.00 0.1 $51.30 Discuss timeline with M. Cohen and R. Strahle (both Strahle, Robert Discuss timeline with M. Cohen and S. Stanton (both 01/09/2018 Meet with Client and attorneys to discuss the status of Project Barracuda with S. Stanton, S. Minars, and T. Stafford. Meet with Client and attorneys to discuss the status of Project Barracuda with S. Stanton, T. Stafford, and D. McGonigle Review of analysis for Project Barracuda. Review of Project Barracuda third party contracts. Meet with Client and attorneys to discuss the status of Project Barracuda with S. Minars, T. Stafford, and D. McGonigle $592.00 0.2 $118.40 $513.00 0.2 $102.60 $473.00 0.4 $189.20 $592.00 0.4 $236.80 $592.00 0.3 $177.60 $592.00 0.5 $296.00 1
Pg 4 of 9 Project Barracuda 01/10/2018 01/11/2018 Review of analysis for Project Barracuda. Review of Project Barracuda third party contracts. Review of analysis for Project Barracuda. $592.00 1.6 $947.20 $592.00 1.4 $828.80 Review of report. $513.00 0.5 $256.50 01/12/2018 Review work product. $350.00 0.2 $70.00 Review of supporting analysis. $513.00 1.7 $872.10 01/16/2018 01/17/2018 Read draft of third party engagement letter. Barracuda with S. Minars, T. Stafford, R. Strahle, and D. McGonigle (all Barracuda with S. Minars, T. Stafford, R. Strahle, and J. Letts Barracuda with J. Letts, T. Stafford, R. Strahle, and D. McGonigle (all Barracuda with S. Minars, J. Letts, R. Strahle, and D. McGonigle (all $513.00 0.2 $102.60 $350.00 0.3 $105.00 $473.00 0.3 $141.90 $592.00 0.3 $177.60 Review of work product. $513.00 2.0 $1,026.00 Review of work product. $592.00 0.5 $296.00 Strahle, Robert Barracuda with S. Minars, T. Stafford, J. Letts, and D. McGonigle (all 2
Pg 5 of 9 Project Barracuda 01/19/2018 01/22/2018 Cohen, Mark Hommen, Kelly Read draft of third party engagement letter. with S. Stanton, S. Minars, T. Stafford, R. Strahle, J. Letts, and K. Hommen with S. Stanton, S. Minars, M. Cohen, T. Stafford, R. Strahle, and J. Letts (all with S. Stanton, S. Minars, T. Stafford, R. Strahle, M. Cohen, and K. Hommen with S. Stanton, M. Cohen, T. Stafford, R. Strahle, J. Letts, and K. Hommen with S. Stanton, S. Minars, M. Cohen, R. Strahle, J. Letts, and K. Hommen with M. Cohen, S. Minars, T. Stafford, R. Strahle, J. Letts, and K. Hommen $513.00 0.1 $51.30 $592.00 0.4 $236.80 $340.00 0.4 $136.00 $350.00 0.4 $140.00 $592.00 0.4 $236.80 $592.00 0.4 $236.80 Review of work product. $592.00 0.5 $296.00 Strahle, Robert 01/23/2018 01/25/2018 with S. Stanton, S. Minars, T. Stafford, M. Cohen, J. Letts, and K. Hommen Review of analysis for Project Barracuda. $592.00 0.3 $177.60 Review of work product. $513.00 0.2 $102.60 3
Pg 6 of 9 Project Barracuda 01/29/2018 Cohen, Mark Hommen, Kelly with S. Stanton, S. Minars, D. McGonigle, J. Letts, and K. Hommen with S. Stanton, S. Minars, D. McGonigle, J. Letts, and M. Cohen with S. Stanton, S. Minars, D. McGonigle, M. Cohen, and K. Hommen with S. Stanton, S. Minars, M. Cohen, J. Letts, and K. Hommen with S. Stanton, M. Cohen, D. McGonigle, J. Letts, and K. Hommen $592.00 0.1 $59.20 $340.00 0.1 $34.00 $350.00 0.1 $35.00 $473.00 0.1 $47.30 $592.00 0.1 $59.20 Review of work product. $513.00 2.0 $1,026.00 01/30/2018 with M. Cohen, S. Minars, D. McGonigle, J. Letts, and K. Hommen $592.00 0.1 $59.20 Preparation of work product. $513.00 2.1 $1,077.30 01/31/2018 Read draft of third party engagement letter. Edits to proposed third party engagement letter. $513.00 0.1 $51.30 $592.00 0.2 $118.40 Review of work product. $513.00 0.2 $102.60 Subtotal for Project Barracuda: 23.3 $12,358.70 4
Pg 7 of 9 Preparation of Fee Applications 01/02/2018 01/03/2018 01/04/2018 Review November monthly fee Review of November monthly fee Prepare November monthly fee Review November monthly fee Review of November monthly fee Review November monthly fee Prepare second interim fee application and send for review. $350.00 0.2 $70.00 $350.00 0.4 $140.00 $350.00 1.0 $350.00 $592.00 0.5 $296.00 $350.00 3.8 $1,330.00 Review second interim fee application. $350.00 2.0 $700.00 01/08/2018 Prepare second interim fee application and send for additional review. $350.00 1.4 $490.00 Review second interim fee application. $350.00 1.1 $385.00 01/10/2018 Review of second interim fee application. Begin to work on December monthly fee $473.00 0.2 $94.60 $350.00 1.1 $385.00 Review of December fee detail report. $350.00 0.4 $140.00 01/11/2018 Review December fee reports. $350.00 2.9 $1,015.00 01/16/2018 Prepare second interim fee application. $350.00 0.2 $70.00 Review of December monthly fee application. 5
Pg 8 of 9 Preparation of Fee Applications 01/17/2018 Review December fee detail report. $350.00 0.9 $315.00 01/19/2018 Review second interim fee application and discuss edits with D. McGonigle Review second interim fee application and discuss edits with J. Letts $350.00 0.2 $70.00 $473.00 0.2 $94.60 Prepare December fee detail report. $350.00 0.3 $105.00 01/29/2018 01/30/2018 Review December monthly fee Update December monthly fee Review December monthly fee application. Subtotal for Preparation of Fee Applications: $350.00 1.0 $350.00 $350.00 1.3 $455.00 $350.00 0.3 $105.00 20.4 $7,473.20 Total 43.7 $19,831.90 Recapitulation Name Rate Hours Fees Cohen, Mark $592.00 0.7 $414.40 $592.00 4.8 $2,841.60 $592.00 3.7 $2,190.40 $513.00 12.4 $6,361.20 Strahle, Robert $513.00 0.9 $461.70 $473.00 1.2 $567.60 $350.00 11.4 $3,990.00 $350.00 8.1 $2,835.00 6
Pg 9 of 9 Recapitulation Name Rate Hours Fees Hommen, Kelly $340.00 0.5 $170.00 7