DELWP
2021 Water Industry Asset Revaluation
VicWater has appointed Roy Farthing to update the 2015 Asset Valuation Methodology and Guidance for the 2021 valuation. The Water Industry Asset Revaluation Working Group, which includes water corporations, VAGO, DTF, VGA and DELWP is overseeing the consultancy. A draft update was circulated to all not-for profit members on 5 May and will be finalised…
Read MoreFinance Issues Steering Committee (FISC)
FISC met 4 June to progress a number of strategic finance projects in relation to accounting standards, the water industry asset valuation and the new Puddle Account contract (which will commence towards the end of 2020). During May, FISC coordinated an industry response to DELWP in relation to revised 2020 Corporate Plan requirements (due to…
Read MoreOnsite waste water systems and sewer connection powers
VicWater attended a meeting of DELWP Onsite Domestic Wastewater Steering Committee 29 April. The meeting included discussion on policy options to augment powers to connect properties to sewer services which were circulated to water corporations in February.
Read MoreRecreational access to potable water storages
During April, DELWP appointed GHD to undertake a ‘State-wide assessment of cost and time for providing on-water access at Victoria’s water storages’. VicWater and the water industry Recreational Access Working Group has provided significant input to the project scope, which aims to transparently evaluate cost impacts, lead time and other factors associated with facilitating safe…
Read MoreOnsite waste water systems and sewer connection powers
In February 2020 VicWater circulated a proposed water industry position on policy options to augment powers to connect properties to sewer services were circulated to water corporations. The DELWP ‘Onsite Domestic Wastewater Management Steering Committee’ developed these policy options in response to a VAGO Performance Audit in 2018.
Read MoreRecreational access to potable water storages
VicWater met with DELWP and the GHD project team 27 March for a progress meeting of the project to develop a state-wide inventory of water storages, and identify cost and timing implications of providing recreational access at currently closed storages, on a transparent per-storage basis.
Read More2021 Water Industry Asset Revaluation
VicWater is coordinating an expert consultancy to update the 2015 asset valuation methodology and guidance in preparation for the 2021 valuation. The cost of this paid project will be shared among rural and regional urban water corporations. The consultancy will be overseen by the Asset Valuation Working group which was formed by Finance Issues Steering…
Read MoreLand sales policy
VicWater is in contact with DELWP and DTF to clarify aspects of the transition to the new Government land sales policy. Water industry input will be coordinated via the VicWater Finance Issues Steering Committee.
Read MoreOnsite waste water systems and sewer connection powers
VicWater is coordinating consultation on draft policy options to augment powers to connect properties to sewer services. This draft was circulated to water corporations during February. The DELWP ‘Onsite Domestic Wastewater Management Steering Committee’ has developed the policy options in response to VAGO Performance Audit in 2018. Detailed policy options were circulated to water corporations 24…
Read MoreCircular Economy Strategy
The Government has published the new circular economy strategy ‘Recycling Victoria: A New Economy‘ VicWater prepared a submission on the strategy discussion paper in August 2019. The submission focussed on water industry leadership in the circular economy, policy settings that influence the economic viability of water corporations’ circular economy activities and infrastructure, and policy settings for…
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