Benchmarking and project delivery
The relationship between benchmarking and project delivery is addressed in
CAPEX Bias and Adverse Incentives in Incentive Regulation Issues and Solutions, a report from the International Transport Forum. This report specifically examines the differential treatment of company operating expenditure (OPEX) and company capital expenditure (CAPEX) in the benchmarking and wider regulatory approaches.
This Summary Last Modified On: 8/9/2019