Page 3590 - Week 08 - Thursday, 18 August 2011

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(5) (a) In 2009-10 ACTION expended $7.941m on ULSD and $1.217m on CNG (excluding GST).

(b) In 2010-11 ACTION expended $9.101m on ULSD and $11.270m on CNG (excluding GST).

(6) ACTION currently utilises the NSW Government Smart-buy Contract 366 (Fuel and associated products) for the purchase of ULSD. NSW Smart-buy is an option Territory agencies can use to purchase goods and services and through which value for money outcomes have been determined by an open market tender process. The benefit that NSW Smart-buy provides is that the contract management risks are borne by the NSW supply arrangements, with minimal risks to the Territory. Hedging is not in place in NSW Smart-buy Contract 366.

ACTION currently utilises a contract for continuous supply of Natural Gas with ActewAGL. This contract was initiated in December 2004 and is due to expire in May 2012.

(7) For ULSD, the average price paid per litre in 2009-10 was $1.10 (excluding GST) and the average price paid per litre in 2010-11 was $1.19 (excluding GST).

For CNG, the average price paid per litre in 2009-10 was $0.37 (excluding GST) and the average price paid per litre in 2010-11 was $0.41 (excluding GST).

(8)

(9) (a) One bus was removed from service in 2009-10 due to age as part of the fleet replacement program.

(b) 19 buses were removed from service in 2010-11 due to age as part of the fleet replacement program.

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