The Water Industry Competition Act 2006 (WIC Act) provides for private sector participation and competition in the NSW water and wastewater industry.
To facilitate this, infrastructure services can be ‘declared’ under the WIC Act, meaning that a third party must be granted access to these services subject to certain criteria and the establishment of an access agreement or determination.
Under the WIC Act, the provider of a declared service must develop a cost allocation manual, which sets out how the service provider will establish and maintain separate cost accounts for each of its declared services.
We have released a Draft Cost Allocation Guide to assist service providers in developing their cost allocation manuals. We are seeking input from stakeholders on all aspects of our Draft Cost Allocation Guide.