Economic regulation

How we will hold Network Rail (including routes, the System Operator (SO), and other relevant business units) to account against the network licence.

This page presents our cost benchmarking analysis of Network Rail's costs. It covers the analysis we undertook in different periodic reviews as well as reports we produced as part of our regular monitoring of Network Rail’s cost performance.

We undertake targeted assurance reviews to gain in-depth understanding into ongoing or emerging issues, risks and opportunities within Network Rail which could impact regulatory targets.

Information on the terms of access to the Channel Tunnel.

Details of our plans and activities in benchmarking Highways England's performance and efficiency.

Condition 17 of Network Rail's network licence safeguards against the inappropriate disposal of land assets.

Network Rail's network licence includes a condition providing for independent experts (reporters) to be appointed by the network operator (Network Rail), to provide ORR with advice on different aspects of Network Rail’s performance.