By reporting on Network Rail’s efficiency and wider financial performance over time, we give assurance to rail users and funders that Network Rail is delivering what is expected and at the same time, we provide a strong reputational incentive on Network Rail to become more efficient.
This document is part of how we hold Network Rail to account. It sets out how well we think Network Rail, including its regions and functions, is doing in providing services to its customers and funders and highlights any areas of concern.
Network Rail Scotland has saved more than £46 million in the first year of the new control period 6 (CP6) as it looks to deliver £347 million efficiency savings over five years. Meanwhile passenger train performance was below target, according to the 2019-20 annual assessment of Network Rail published by the Office of Rail and Road (ORR) today (2 July).
Network Rail has saved more than £385 million in the first year of the new control period 6 (CP6) as it looks to deliver £3.5 billion of efficiency savings over the next five years, however passenger and freight performance varied by region, according to figures contained in the 2019-20 annual assessment of Network Rail published by the Office of Rail and Road (ORR) today (2 July).
Those that use the railway rely on both Network Rail and train operators to run a punctual and reliable train service. Our remit is to ensure that Network Rail is doing all that is reasonably practicable to deliver its contribution.
Making its final annual assessment of Network Rail for Control Period 5 (2014-19), ORR's Network Rail Monitor published today highlights a mixed picture: good performance by the company in managing its infrastructure assets and for the freight sector, but continued underperformance in the key areas of passenger train performance and efficiency.
In its final annual assessment of Network Rail Scotland for Control Period 5 (2014-19), published today, ORR highlights good progress in its delivery of enhancements and freight performance but continued poor passenger train service performance.