INFRASTRUCTURE GOVERNANCE - THE GERRARD REPORT

 

REPORT FROM THE INFRASTRUCTURE FORUM'S

GOVERNANCE WORKING GROUP

Infrastructure Boards work much like boards in any other sector. However, the challenges facing the infrastructure sector and its key characteristics are sufficiently different to other sectors of the economy as to justify a specific set of high-level governance principles and practices.

​

This report suggests that even a relatively light-touch adoption of some common principles and practices of governance across the sector could yield benefits

​

The report provides a set of recommendations for boards across the infrastructure sector, regardless of whether their organisations are public or private sector, or whether they manage assets in operation, construction, early-stage development, or a combination of these.

BEIS CONSULTATION ON THE RAB MODEL FOR NUCLEAR

​

RESPONSE FROM THE INFRASTRUCTURE FORUM 

The Infrastructure Forum's RAB Working Group has submitted its response to the BEIS Consultation on the RAB Model for Nuclear. 

 

The Working Group, comprised of experts in infrastructure finance with particular knowledge of the RAB model, UK regulatory framework and delivery of greenfield projects, considered questions posed by the consultation on the structuring of the model as well as broader Critical Success Factors necessary for setting up an investable nuclear RAB.

 

Particular focus was given to: the incentive mechanisms which facilitate the delivery of Value for Money for consumers, investors, the project developer and Government; ensuring a robust and credible Economic Regulatory Regime; the investability of the model; importance of a sustainable supply chain; and political support for a UK new nuclear programme.