The UK water industry moved to an outcome based focus on privatization as the regulator required each company to have an asset management strategy. This meant that 'performance' was given equal importance alongside 'condition'. The main 'fly in the ointment' is the regulator's inflexible use of a five year cycle of investment.
Published by Peter Styles, Independent - Consultant (retired)
The UK water industry moved to an outcome based focus on privatization as the regulator required each company to have an asset management strategy. This meant that 'performance' was given equal importance alongside 'condition'. The main 'fly in the ointment' is the regulator's inflexible use of a five year cycle of investment.