The Governance of Maintenance and Investment in Infrastructures

Club Debate

Author(s) Bryan ADEY
Jean-François DUCOING
Annegret GROEBEL
Michelle GROVES
Richard HOME
Dominique JAMME
Michael ROBSON

Infrastructure maintenance and investment are key regulatory and policy concerns and are central to optimising the long-term quality of essential services. Still, when setting the structure and level of charges, as well as the performance objectives, regulators only have limited information on the conditions and cost drivers of the assets managed by the operators they regulate. Moreover, the relevant constraints and requirements for capital expenditure may not necessarily be aligned with regulatory periods. This report focuses on the complex issues raised by the governance of the relationship between the operators, the economic regulator and public authorities, and shares insights from different industries and countries to highlight best practices and explore responses to challenges.

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