IN THE MATTER OF
the Utilities Commission Act, R.S.B.C. 1996, Chapter 473
and
the Insurance Corporation Act, R.S.B.C. 1996, Chapter 228, as amended
and
An Application by the Insurance Corporation of British Columbia
to Streamline the IT Capital Reporting Requirements
BEFORE: A.W.K. Anderson, Commissioner October 13, 2011
O R D E R
WHEREAS:
A. The Insurance Corporation of British Columbia (ICBC) submits individual IT capital reports for the British Columbia Utilities Commission (Commission) to review and comment on IT capital expenditures in accordance with Commission Decision dated July 13, 2006, Commission Letter L-82-06, and Commission Decision dated January 9, 2008;
B. On September 22, 2011, ICBC submitted to the Commission an Application to Streamline the IT Capital Reporting Requirements (Application), proposing changes to ICBC’s IT capital reporting requirements;
C. On October 11, 2011, ICBC filed with the Commission an Addendum to ICBC’s September 22, 2011 Application (Addendum);
D. The Application describes proposed changes to ICBC’s IT capital reporting requirements as follows:
ICBC currently submits individual IT capital reports for the Commission’s review and comment on all IT capital projects that exceed the $1 million reporting threshold. Under the proposed change, ICBC would discontinue the provision of individual IT capital reports for projects that involve routine replacement of computer hardware, software, and software infrastructure, also known as “evergreening” projects.
E. In the Addendum ICBC states that evergreening IT capital projects are those technology assets that have a regular replacement cycle, typically once every 3-5 years, where there is little change in the purpose for that technology from one replacement cycle to the next;
F. ICBC proposes to continue to identify evergreening projects in its Annual IT Capital Expenditure Plan and to continue to provide individual IT capital reports for non-evergreening projects that exceed the $1 million IT capital reporting threshold;
G. The Commission has considered the Application and the Addendum and considers that the establishment of a regulatory process is warranted.
NOW THEREFORE the Commission orders as follows:
1. ICBC will provide in a timely manner no later than Tuesday, October 18, 2011, a copy of the Application, the Addendum, and this Order to Interveners in the ICBC 2007 Revenue Requirements Application and 2010 Streamlined Revenue Requirements Application proceedings for stakeholder comment submission.
2. Any stakeholder wishing to comment on the Application, if any, should provide its submission to the Commission in writing or electronic submission by Friday, October 28, 2011 with a copy to ICBC at regaffairs@icbc.com.
3. ICBC will provide its reply submission, if any, to the Commission by Friday, November 4, 2011.
DATED at the City of Vancouver, in the Province of British Columbia, this 13th day of October 2011.
BY ORDER
Original signed by:
A.W.K. Anderson
Commissioner