Marsden Jacob supported the Independent Competition and Regulatory Commission (ICRC) in its review of Icon Water’s proposed operating and capital expenditure forecasts.
The recommendations in our report contributed to the ICRC’s draft decision and proposed price direction for regulated water and sewerage services for the 2023-28 regulatory period, which are lower than those proposed by Icon Water.
Our report included assessment, review and recommendations, focusing on:
- the prudency and efficiency of Icon Water’s capital and operating expenditure (incurred and forecast)
- Icon Water’s asset management practices and ring-fencing arrangements.
The Icon Water 2023-28 Expenditure Review report is available to download here.
Published October 2022
