The purpose of the Public Water Utility Audit Guideline is to provide a framework to help auditors to conduct operational audits of public water utilities efficiently and effectively.
In accordance with Section 31 of the Sydney Water Act, 1994 (NSW), the Independent Pricing and Regulatory Tribunal of New South Wales has completed the audit of Sydney Water’s compliance with the requirements of its 2010-2015 Operating Licence.
IPART remains supportive of our Rule change proposal submitted in September 2012 for the reasons that we have previously articulated. We also support SCER's proposal to base network prices on an estimate of the long run marginal cost (LRMC).
In accordance with Section 18B of the Hunter Water Act 1991 (NSW), IPART has completed the audit of Hunter Water’s compliance with the requirements of its 2012-2017 Operating Licence.
In accordance with Section 30 of the State Water Corporations Act 2004 (NSW), IPART has completed the audit of State Water Corporation’s compliance with the requirements of its 2008-2013 Operating Licence.
The Tribunal is required to report to the Minister by 31 October each year on licence compliance by water network and retail suppliers. The report is publicly released after being tabled in Parliament.
In accordance with Section 31 of the Sydney Water Catchment Management Act, 1998 (NSW), the Independent Pricing and Regulatory Tribunal of New South Wales has completed the audit of Sydney Catchment Authority’s compliance with the requirements of
