Or. Admin. Code § 860-037-0570 - Accounting for Construction Work In Progress (CWIP)

This rule applies to wastewater utilities that provide service inside the boundaries of a city. The Commission may allow into rates the costs of a specific capital improvement project in progress if:

(1) The wastewater utility uses the additional revenues solely for the purpose of completing the capital improvement project;

(2) The wastewater utility demonstrates that its access to capital is limited and it is in the public interest to provide funding for the capitol improvement through rates; and

(3) Such costs are approved through tariffs filed with the Commission.

Notes

Or. Admin. Code § 860-037-0570

PUC 24-2003(Temp), f. & cert. ef. 12-10-03 thur 6-7-04

Stat. Auth.: ORS Ch. 183, 756 & 757

Stats. Implemented: ORS 756.040, 757.355 & Ch. 202, OL 2003