Annual Report 2009-2010 Utilities Commission
Tabled paper 1065
Tabled papers for 11th Assembly 2008 - 2012; Tabled papers; ParliamentNT
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31 September 2010 Inquiries referred under section 6(1)(g) of the Utilities Commission Act Review of the Power and Water Corporations (PWC) Capital and Maintenance Programs. 3.154 The purpose of the review is to provide an independent and expert assessment of PWCs capital and maintenance programs to ascertain whether the programs represent an efficient and prudent response to forecast demand and applicable service performance outcomes. 3.155 The Commission commenced this review in January 2010 with the engagement of consultants Sinclair Knight Mertz (SKM) to undertake a review and report to the Commission on the forecast costs and assumptions underpinning PWCs capital and maintenance programs, and on the efficiency of the program, given forecast demand and service standards. 3.156 SKM is also examining PWCs decision making systems and their consistency with efficient and prudent asset management practice to identify if these systems, assuming they are applied as stated, will achieve outcomes that reflect efficient and prudent asset management practice. 3.157 The Commission intends to review the information provided by SKM and submit a Final Report, based in large part on the SKM report, with final recommendations to the Treasurer in late 2010. Review of the PWC Asset Management Capability. 3.158 The purpose of the review is to provide an independent and expert assessment of PWCs Asset Management Capability (AMC) Project to confirm the anticipated benefits and identify the risks associated with implementation of the PWC proposal to bring its asset management capability to a level of good industry practice. 3.159 PWCs AMC project was initiated following an internal review of PWCs core business processes, systems and data, which identified serious problems with PWCs asset management and the supporting asset management information technology systems and business processes. The AMC project is expected to improve PWCs capability and performance in asset management, and to contribute to the delivery of investment and maintenance, and improved occupational health and safety and risk management. 3.160 The Commission commenced this review in January 2010 with the engagement of consultants SKM to provide an independent and expert assessment of PWCs asset management systems. The scope of SKMs assessment is broader than simply IT system implementation projects progress within the organisation. It includes a more holistic review of the asset management practices currently in PWC and also organisational changes. 3.161 SKM provided its report to the Commission in June 2010. The Commission plans to deliver a Final Report with final recommendations to the Treasurer in late 2010. Inquiries to commence in 2010-11 3.162 Two reviews in the Governments priority work program are yet to start. 3.163 The Review of System Planning, Monitoring and Reporting is to commence in October 2010. It will cover the adequacy of current system performance monitoring and reporting arrangements under the Electricity Reform Act, and appropriate network and generation reliability standards for performance monitoring. The objective is to ensure
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