REVIEW OF HEATHROW AIRPORT’S Q6 CAPEX GOVERNANCE FRAMEWORK

Home > Our Experience > Publications > REVIEW OF HEATHROW AIRPORT’S Q6 CAPEX GOVERNANCE FRAMEWORK
Client Civil Aviation Authority (CAA)
Dates Jun - 2017
Sector(s)Transport
Service(s)Policy & Economics

A CEPA report, commissioned by the CAA, which assess whether the new capital expenditure governance regime put in place in Q6 is fit for purpose and providing the intended incentives on HAL to deliver capital efficiency.

The advice was split into three parts reflecting the terms of the commission:

  • A review of effectiveness to assess whether the capex governance arrangements are delivering the anticipated benefits.
  • Describe impact of potential problems identified.
  • Make recommendations on the most appropriate approach to assess capital efficiency that should be used for H7 price review.