Allocation between regulated and non-regulated services APA VTS has a robust process in place for allocating its costs and revenue between regulated and non-regulated activities to ensure that there is no cross subsidisation between regulated and non-regulated activities. All expenditures are directly coded to job numbers created for activities. These expenditures are directly allocated to those non-regulated activities and are not included in the capital and operating expenditure discussed in the following sections. All field personnel complete a timesheet which must be submitted to their leader for approval on a weekly basis. These timesheets accurately record time spent on non-regulated activities and all such time is not included in recorded expenditure on regulated assets. All capital expenditure is also directly allocated to the asset to which it relates based on actual capital spent. Procurement Policy and Procurement Guidelines Operating in conjunction with the key asset planning and management framework is the APA procurement policy. All APA purchases of goods and procurement of services must be undertaken in accordance with the APA procurement policy and guideline. APA’s procurement practices are designed to ensure: Financial, commercial, legal, operational, reputational, regulatory, environmental and occupational health and safety risks are determined, monitored, managed and reduced; and/or services meet specification and are delivered on-time at competitive prices from financially stable suppliers; Best value for money is realised, as evaluated on a total cost of ownership basis; and Effective procurement processes and procedures, including rigorous ongoing contract management and supplier relationship management are applied consistently.
Allocation between regulated and non-regulated services APA VTS has a robust process in place for allocating its costs and revenue between regulated and non-regulated activities to ensure that there is no cross subsidisation between regulated and non-regulated activities. All expenditures are directly coded to job numbers created for activities. These expenditures are directly allocated to those non-regulated activities and are not included in the capital and operating expenditure discussed in the following sections. All field personnel complete a timesheet which must be submitted to their leader for approval on a weekly basis. These timesheets accurately record time spent on non-regulated activities and all such time is not included in recorded expenditure on regulated assets. All capital expenditure is also directly allocated to the asset to which it relates based on actual capital spent. Procurement Policy and Procurement Guidelines Operating in conjunction with the key asset planning and management framework is the APA procurement policy. All APA purchases of goods and procurement of services must be undertaken in accordance with the APA procurement policy and guideline. APA’s procurement practices are designed to ensure: Financial, commercial, legal, operational, reputational, regulatory, environmental and occupational health and safety risks are determined, monitored, managed and reduced; and/or services meet specification and are delivered on-time at competitive prices from financially stable suppliers; Best value for money is realised, as evaluated on a total cost of ownership basis; and Effective procurement processes and procedures, including rigorous ongoing contract management and supplier relationship management are applied consistently.
APA%20VTS-VTS%20Revision%20Proposal%20submission-20170103-Public.docx