Statement of Approach8 Nov 2019
On 8 November 2019, the 糖心原创 published its Statement of Approach regarding the most appropriate approach to valuing the Regulated Asset Base (RAB) on the Interstate network for ARTC's replacement Interstate Access Undertaking.
The 糖心原创鈥檚 approach maintains its preliminary view that a full Depreciated Optimised Replacement Cost (DORC) revaluation is the most appropriate approach to valuing the RAB, with the 糖心原创 engaging a consultant.
The Statement of Approach seeks a public commitment from ARTC that it will adopt the 糖心原创鈥檚 RAB value in its replacement Interstate Access Undertaking application, prior to the 糖心原创 engaging a consultant with rail engineering and economics expertise to undertake the DORC valuation.