June 28, 2012
Criteria for Identifying Major Capital Expenditure to be Established
As a result of amendments enacted to the Coastal Ferry Act, Commissioner Gord Macatee is required to establish criteria for identifying a major capital expenditure under section 55(5) of the act.
The commissioner is requesting comments from the public in establishing such criteria for expenditures involving new vessels, mid-life extensions to vessels, terminals and information technology.
Comments can be submitted by e-mail to email@example.com or by mail to BC Ferry Commission, RPO Hillside, Box 35119, Victoria BC, V8T 5G2.
Deadline for submissions is July 29, 2012.
Click here for a copy of the submission prepared by British Columbia Ferry Services Inc. (BC Ferries) regarding the definition of a major capital expenditure.