Consultation on the financial framework for PR18

Date published: 26 January 2017
Closing date: 13 April 2017

Our consultation on the 2018 periodic review (PR18) financial framework sets out key issues for PR18 relevant to the determination of Network Rail’s revenue for control period 6 (CP6 - 1 April 2019 to 31 March 2024) including those linked to the high level output specifications (HLOSs) and statements of funds available (SoFAs) that will be produced by the Secretary of State and the Scottish Ministers this year.

Our work to develop the financial framework is set within the context of Network Rail’s reclassification as a public sector arm’s length body and our move to route-level regulation. Our policy decisions will have impacts on Network Rail’s finances and, ultimately, the costs for rail users and taxpayers.

We would welcome your views on this consultation by 13 April 2017 and we plan to publish an update paper in September 2017.

Consultation document

Consultation on the financial framework for PR18 - January 2017 pdf icon PDF, 1,352 Kb

How to respond

Please respond by Thursday 13 April 2017 to using the pro-forma below.

Publishing your response

Information provided in response to this consultation, including personal information, may be subject to publication or disclosure in accordance with the Freedom of Information Act 2000 (FOIA) or the Environmental Information Regulations 2004.

If you want information that you provide to be treated as confidential, please be aware that, under the FOIA, there is a statutory Code of Practice with which public authorities must comply and which deals, amongst other things, with obligations of confidence.

In view of this it would be helpful if you could explain to us why you regard the information you have provided as confidential. If we receive a request for disclosure of the information, we will take full account of your explanation, but cannot give an assurance that confidentiality can be maintained in all circumstances. An automatic confidentiality disclaimer generated by your IT system will not, of itself, be regarded as binding on ORR.

We will process your personal data in accordance with the Data Protection Act (DPA) and in the majority of circumstances this will mean that your personal data will not be disclosed to third parties.

Format of responses

So that we are able to apply web standards to content on our website, we would prefer that you email us your response either in Microsoft Word format or OpenDocument Text (.odt) format.

If you do send us a PDF document, please:

  • create it from the electronic Word file (preferably using Adobe Acrobat), as opposed to an image scan, where possible; and
  • ensure that the PDF's security method is set to no security in the document properties.