Interim Financial Specialist Support for Water Company Licence Review
Awarded 30 Jul 2018
About
Water Services Regulation Authority awarded a contract to Deloitte LLP for interim financial specialist support to strengthen financial resilience through the review and enhancement of water company licences.
The work includes assessing the operation of the financial ring fence and consents framework, the quality and consistency of ring fence certificates, the use of credit ratings and cash lock-up mechanisms, the impact of securitisation and group loan arrangements on company resilience, and the use of existing covenants to support resilience.
The contract, valued at AUD 41,000, covers an initial phase of approximately 20 days of work, with further phases to be called off as required.
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