AMP 2019-2029

Electricity Asset Management Plan 2019-2029

253

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3.7.1 governance—a description of the extent of director approval required for key asset management decisions and the extent to which asset management outcomes are regularly reported to directors;

Section 3.3

3.7.2 executive—an indication of how the in-house asset management and planning organisation is structured; and

Section 3.3

3.7.3 field operations—an overview of how field operations are managed, including a description of the extent to which field work is undertaken in-house and the areas where outsourced contractors are used;

Section 3.3

3.8 All significant assumptions-

3.8.1 quantified where possible;

Section 1

3.8.2 clearly identified in a manner that makes their significance understandable to interested persons, including-

Section 1

3.8.3 a description of changes proposed where the information is not based on the EDB’s existing business;

N/A

3.8.4 the sources of uncertainty and the potential effect of the uncertainty on the prospective information; and

Section 1 and Section 3

3.8.5 the price inflator assumptions used to prepare the financial information disclosed in nominal New Zealand dollars in the Report on Forecast Capital Expenditure set out in Schedule 11a and the Report on Forecast Operational Expenditure set out in Schedule 11b; 3.9 A description of the factors that may lead to a material difference between the prospective information disclosed and the corresponding actual information recorded in future disclosures; Section 1 3.10 An overview of asset management strategy and delivery;

Appendix 6 and Appendix 7

Sections 4.1, 4.2, 4.3, 6.1, 6.2, 6.3

3.11 An overview of systems and information management data;

Sections 3.5, 3.6, 3.7

3.12 A statement covering any limitations in the availability or completeness of asset management data and disclose any initiatives intended to improve the quality of this data;

Section 3.7

3.13 A description of the processes used within the EDB for- 3.13.1 managing routine asset inspections and network maintenance;

Sections 4.1, 4.1.7, 5, 5.1, 6.1

3.13.2 planning and implementing network development projects; and

Sections 4.1, 5, 5.1, 6.1

3.13.3 measuring network performance;

Section 2 and Section 4

3.14 An overview of asset management documentation, controls and review processes.

Sections 3.3, 3.4, 3.5

3.15 An overview of communication and participation processes;

Section 4

3.16 The AMP must present all financial values in constant price New Zealand dollars except where specified otherwise; and

Compliant

3.17 The AMP must be structured and presented in a way that the EDB considers will support the purposes of AMP disclosure set out in clause 2.6.2 of the determination.

Compliant

ASSETS COVERED

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