Framework for Expenditure Decision Making: Making the Case for Expenditure
This report introduces a new Making the Case methodology designed to align with the UKWIR Framework for Expenditure Decision Making (FEDM) and support the production of robust expenditure cases.
The methodology has been developed through consultation with representatives of water companies, regulators, and customer bodies. It is intended that it will not only be applicable to future regulatory submissions but also in proving the case for expenditure to internal company stakeholders between price reviews, becoming part of ‘business as usual’ activities.
A set of guidance questions was designed, and five example expenditure cases submitted as part of the PR14 regulatory process were used to test the guidance. These five case studies have been written by company representatives, and provide an analysis of both the strengths and weaknesses of those cases and commentary on alignment with the UKWIR Framework for Expenditure Decision-Making (2014).
|UKWIR Reference :- 16/RG/05/46||Published Date :- 29/02/2016|
|Retail Price (£) :- 150||ISBN :- 1 84057 811 4|