The Utility Regulator is today publishing its joint determination with the Department for Regional Development on NI Water’s bid for Relevant Items.
The Relevant Items approach was agreed by the Utility Regulator and Department for Regional Development as part of the Memorandum of Understanding. This approach provides a methodology for managing constraints in NI Water funding while it is treated as both a regulated utility and an NDPB (Non Departmental Public Body) for public expenditure purposes.
This is the first determination using the new process during PC10 and will be reviewed as part of discussions on PC13.