Regulatory portfolio: permits, approvals and the firms that get them done

Global Energy Co. · 212 open regulatory matters across 19 countries · TeamConnect + SAP · cost per permit and time to grant against comparable filings · local counsel at cost

7 filings past time-to-grant medianCreate portfolio review pack

$61.4M

Regulatory and environmental legal spend YTD · 212 matters

$60.1M

Modeled portfolio forecast · $1.3M below current

14.2 mo

Median time to grant, major permits · plan 12 mo

$2.6M

Expected saving from modeled firm reallocation

Regulatory portfolio

Comparable set: major permits, same regulator and permit class, last 48 months (n=58). Time to grant includes regulator-driven delay, which is excluded from firm scoring.

Program	Jurisdiction	Matters	Budget	Spent	Forecast	Lead firm	Status
Gulf Coast LNG expansion FERC + state air permits · 3 filings	US (TX)	3	$4.2M	$3.1M	$4.9M	Firm T	+17% · comment period extended
North Sea decommissioning OPRED approvals · 11 assets	UK	11	$6.8M	$4.0M	$6.6M	Firm U	On plan
Angola Block 31 compliance Local-content and environmental filings; local counsel at cost	Angola	9	$2.1M	$1.9M	$2.8M	Firm X + local	Local counsel markup flagged
Australian offshore wind Feasibility licences · 2 zones	AU	4	$1.8M	$0.6M	$1.7M	Firm V	On plan
Carbon capture permits Class VI wells · 6 sites	US (LA, TX)	6	$3.6M	$1.2M	$3.4M	Firm T	Staged
Other regulatory (179)		179	$44M	$31M	$43M		On plan

Model a decision; protect the deadline

Model moving Gulf Coast air-permit work to Firm W and enforcing local-counsel-at-cost on Angola

$0.9M + $0.4M expected saving; Firm T keeps FERC filings where it ranks first

Do not score firms on regulator delay. Time to grant is decomposed into firm-controlled (filing quality, response time) and regulator-controlled components; only the first enters firm ranking. Permit deadlines stay under the asset team's control.

Asset team sign-offPendingHSE and regulatory sign-offPendingFirms notifiedNoneNext deadline at riskFERC supplemental filing · 21 Nov

Value categories kept distinct

Firm reallocation is expected cost difference (recognized on grant); local-counsel-at-cost enforcement is an invoice reduction, realized; staged filings are deferred capacity. They are never summed.

Firm value by permit class

State air permits: Firm W averages $212K per permit at 11 months; Firm T $298K at 14 months, same approval rate. Shifting the class saves an estimated $0.9M over the next filing cohort.

Fixed-fee opportunity

Routine environmental compliance filings: 144 units, coefficient of variation 0.21. Suggested fixed fee $18K (p60) with an uplift for contested comment periods.