17 August 2020 PRESS RELEASE URCA issues Statement of Results and Final Decision on Revision Of The Code Of Practice For Content Regulation (ECS 07/2020) and the Revised Code Of Practice For Content Regulation (ECS 08/2020) Today, the Utilities Regulation and Competition Authority (“URCA”) issues its Statement of Results and Final Decision on Revision Of The Code Of Practice For Content Regulation (ECS 07/2020) document and the Revised Code Of Practice For Content Regulation (ECS 08/2020) document. On 13 December 2019, URCA published and thereby initiated its public consultation process on the Proposed Revision of the Code of Practice for…
17 August 2020 PRESS RELEASE URCA issues Preliminary Determination on the “Proposed Changes to the Reference Access and Interconnection Offer Published by The Bahamas Telecommunications Company Limited” (ECS 09/2020) Today, the Utilities Regulation and Competition Authority (“URCA”) issues a Preliminary Determination on the changes the Bahamas Telecommunications Company Limited (“BTC”) proposes to make to the Reference Access and Interconnection Offer (“RAIO”) published by The BTC. The BTC RAIO sets out the price and non-price terms and conditions under which BTC will permit Other Licensed Operators (“OLOs”) in The Bahamas to physically interconnect with its fixed and mobile networks. BTC is…
The Utilities Regulation and Competition Authority, URCA, is required by law (s.41(1)) to prepare and publish annually a report on its performance for the previous year. This report is to include a financial report comparing budgeted and actual revenue and expenditure, summary of key performance indicators and summary of the organizations activities whether planned or unplanned. The law mandates that this report is published on or before 30 April of each year. URCA, in compliance with its mandate, publishes each year its annual report on its website and other social media platforms. A critical component of this report is the…
For Immediate Release The Utilities Regulation and Competition Authority (URCA), has published for public consultation, the draft Procurement Regulations for Electricity Sector Licensees, 2020, ES 05/2020. The proposed regulations are designed to establish the framework for procurement by licensees of those resources and assets necessary to the delivery of electricity services by licensees. This includes generation resources, transmission, distribution, storage and supply assets and services. The regulations apply to procurement by licensees, except independent power producers and licensees that are not connected to the grid. Licensees primarily incur costs through their procurement activities, the regulations address this as URCA seeks…
