On 15 August 2019, we published our decision to approve Queensland Rail’s 2017–18 capital expenditure claim.
Our decision notice, Queensland Rail’s capital expenditure claim and related documents can be downloaded below.
We assess the prudency of Queensland Rail’s capital expenditure annually to determine whether the capital expenditure should be included in Queensland Rail’s regulatory asset base, focusing on the scope, standard of works and cost.
The assessment framework is set out in schedule E of the 2016 access undertaking.
Queensland Rail submitted its 2017–18 capital expenditure claim on 28 February 2019.
We assessed the capital expenditure claim against the criteria outlined in schedule E, with independent expert advice from Arcadis, and decided to accept the capital expenditure claim into the RAB.
Our decision notice, Queensland Rail’s 2017–18 capital expenditure claim and related documents are available below.
|23 May 2018||We approved Queensland Rail’s request for a two-month extension to the submission date (to 31 December 2018)|
|6 November 2018||We approved Queensland Rail’s request for a further two-month extension to the submission date (to 28 February 2019)|
|28 February 2019||Queensland Rail submitted its 2017–18 capital expenditure claim|
|21 March 2019||We published our assessment approach and Queensland Rail’s claim, and invited stakeholder submissions|
|5 April 2019||Stakeholder submissions period closed—we received one submission|
|15 July 2019||We published the engineering consultant’s assessment report and invited stakeholder submissions|
|29 July 2019||Stakeholder submissions period closed – we did not receive any submissions|
|15 August 2019||We approved Queensland Rail’s 2017–18 capital expenditure claim|