10 | APRIL 2018 | WWT | www.wwtonline.co.uk
NI Water battles against
funding uncertainty
The Talk: Events
N
orthern Ireland Water chief
executive Sara Venning has told
WWT that the funding shortfall
over the current price control period
means the utility can see "the problem
that is in store", despite an encouraging
mid-term review this month.
Venning said the largely positive
feedback in the regulator's review three
years into PC15 did not mean the company
could successfully operate below budget
in the long term.
Her appearance at the WWT Water
Northern Ireland Conference on 22
February took place during water month
Sara Venning, chief
executive at NI Water,
opened up about
the utility's funding
challenges at the recent
WWT Water Northern
Ireland conference
by Robin Hackett
in the Institution of Civil Engineers' Year
of Infrastructure, and she indicated that
infrastructure is threatening to become an
area of neglect.
"I suppose the conundrum we find
ourselves in is – we're good at what
we do," she said in an interview at the
conference in Belfast. "Because we do
take a challenge on board, having been
underfunded for the first three years,
we have made it a priority to deliver the
majority of nominated outputs.
"Serviceability hasn't been proven
to be impacted at this stage so we've
continued to meet our objectives, but we
Despite largely positive feedback in its mid-term
review, NI Water warns it cannot successfully operate
below budget in the long term
