2006 Access Undertaking Amendments + Activities
DBCT Capacity Expansions - Phase 1 Actual Costs
DBCT Capacity Expansions Phase 1 Scope Application
On 28 July 2006, BBI (DBCT) Management Pty Ltd (DBCT Management) submited a capacity expansion application for the phase 1 expansion of DBCT pursuant to Clause 12.5(a) of the DBCT access undertaking. The Queensland Competition Authority has considered the application and has approved the scope of the phase 1 expansion works and the sufficiency of the evidence provided by DBCT Management that the expansion is supported by at least 60% of the new users and 60% of existing users do not oppose - the 60/60 requirement.
The Authority has also approved DBCT Management's Tender and Contract Management Process (TCMP) for the expansion.
DBCT Capacity Expansions Phase 1 Actual Costs - DAAU
On 1 October 2009, BBI (DBCT) Management Pty Limited (DBCT Management) submitted a voluntary draft amending access undertaking (DAAU) seeking to revise the Annual Revenue Requirement (ARR), Revenue Cap and Reference Tariff for the Dalrymple Bay Coal Terminal, based on the actual costs of expanding the terminal from 60 million tonnes per annum (mtpa) to 68 mtpa (phase 1 expansion).
DBCT Management proposed that the actual costs of the phase 1 expansion would replace the forecast costs which were previously approved by the Authority on 17 October 2007.
On 1 October 2009, the Authority published DBCT Management’s DAAU on the Authority’s website and invited submissions from stakeholders by 28 October 2009. No submissions were received.
On this basis, the Authority advised stakeholders that it proposed to proceed directly to a final decision on the DAAU. No stakeholders objected to this.
On 10 December 2009, in accordance with s.142 of the Queensland Competition Authority Act 1997, the Authority made a final decision to approve the DAAU for the DBCT phase 1 expansion actual costs.
The Authority’s decision provides for, inter alia, an increase in the DBCT reference tariff by $0.0287 for the 2009-10 financial year. In addition, the “unders and overs” clause incorporated in the approved undertaking provides for DBCT Management to calculate and recover, in consultation with the Authority, a single payment from the terminal users to account for the difference between the forecast and actual costs of the phase 1 expansion.
Decision/Recommendation
Interim Reports/Papers
Submissions
