In March 2014, the Provincial Government established an Oversight Committee to strengthen and formalize existing oversight for the Muskrat Falls project. Chaired by the Chief Executive, Major Projects and Initiatives Unit within the Office of the Executive Council, the committee comprises senior officials from Executive Council and the Departments of Finance, Natural Resources and Justice. On April 10, 2017, the Provincial Government appointed four independent members. The Committee is supported by a working group representing expertise in the areas of law, engineering, project management, accounting and auditing.
On behalf of the people of Newfoundland and Labrador, Government mandated the committee to provide reliable and transparent oversight so that the public can have confidence in the management of project costs, schedule and risks.