Thank you. Mr. Chair, typically what would happen in airport operations is we would look to see what the drivers are that would fit with forced growth criteria and then we would determine if we could make a case. If we can pursue a forced growth submission the most common type of forced growth in the airport's activity particularly would be a contract cost increase. So if we have a contract that's coming up for renewal, we'll know that there will be some inflationary increase to that contract and so we will pursue forced growth to get that inflationary contract cost increase. Sometimes it can be usage has increased at a facility that would drive some additional O and M, which qualify for forced growth, and then in the past we have also got forced growth increase related to weather events where we're getting more…you know, the climate is changing, it's getting warmer, that causes us to undertake more O and M. And so we have been successful in the past in getting forced growth for that situation as well. Thank you, Mr. Chair.
Mr. Neudorf on Consideration in the Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on June 23rd, 2016. See this statement in context.
Consideration in the Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters
June 23rd, 2016
Neudorf
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