RCP4 Independent Verifier

Details

Tender Closed
RFx ID :	26446701
Tender Name :	RCP4 Independent Verifier
Reference # :	SUP-16158
Open Date :	Monday, 10 October 2022 4:00 PM (Pacific/Auckland UTC+13:00)
Close Date  :	Tuesday, 8 November 2022 3:00 PM (Pacific/Auckland UTC+13:00)
Tender Type :	Request for Proposals (RFP)
Tender Coverage :	Sole Agency  [?]
Categories :	80100000 - Management advisory services 84111600 - Audit services
Regions:	N/A
Exemption Reason :	None
Required Pre-qualifications :	None
Contact :	Caitlin McIntyre procurement@transpower.co.nz
Alternate Physical Delivery Address  :
Alternate Physical Fax Number  :
Agency Address :

Transpower is subject to price-quality regulation under Part 4 of the New Zealand Commerce Act. The price-quality regulation applies that applies to us is referred to as individual price quality path (IPP) regulation. We are currently in regulatory price control period 3 (RCP3) which runs until 30 June 2025 and are preparing for RCP4 (FY25/26 to FY29/30).

An important part of our regulatory regime is the Transpower Capital Expenditure Input Methodology (Capex IM) determined by the New Zealand Commerce Commision (the Commission). This sets out the upfront rules, requirements and processes that apply under the IPP.

In preparation for our RCP4 proposal submission and as part of a review of the Capex IM, we are again engaging an independent verifier. An independent verifier is an independent party (a person or a team) that reviews or ‘verifies’ – within an upfront agreed scope – the expenditure proposal and processes used to create the proposal, before the formal submission (by 1 December 2023 ) to the Commission. The verifier is employed by Transpower but has a duty of care to the Commission.

This tender has been awarded.

• GHD LIMITED - Level 3 Ghd Centre, 27 Napier Street, Freemans Bay, Auckland, 1011, NEW ZEALAND

Award Date: Tuesday, 31 January 2023 (Pacific/Auckland UTC+13:00)
Date RFx was completed/updated: Tuesday, 23 May 2023 2:51 PM (Pacific/Auckland UTC+12:00)