Proposed valuation for the Interstate network

On 8 November 2019, the ACCC published its Statement of Approach regarding the most appropriate approach to valuing the Regulated Asset Base (RAB) on the Interstate network for ARTC's replacement Interstate Access Undertaking.

The ACCC’s approach maintains its preliminary view that a full Depreciated Optimised Replacement Cost (DORC) revaluation is the most appropriate approach to valuing the RAB, with the ACCC engaging a consultant.

The Statement of Approach seeks a public commitment from ARTC that it will adopt the ACCC’s RAB value in its replacement Interstate Access Undertaking application, prior to the ACCC engaging a consultant with rail engineering and economics expertise to undertake the DORC valuation.