Price controls

Setting the financial and incentive framework for Network Rail in control period 5 (CP5)

31 January 2014
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This page sets out details of our document periodic review 2013: setting the financial and incentive framework for Network Rail in CP5, which we published on 1 May 2012. In 2011, we published the following consultations which covered issues relating to the financial and incentive framework for control period 5 ( CP5 ): our first consultation on PR13, 25 May 2011; consultation on the potential for

Long-term regulatory statement - opportunities and challenges for the railway

14 January 2014

Content archived on 08 September 2025

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Our long-term regulatory statement – 'Opportunities and Challenges for the Railway' – discusses how our regulation may develop in line with the changing shape of the industry, and identifies priorities for the growth and sustainability of Britain's railways. Railways have been a major success story for the past decade. Passenger demand is at the highest ever and freight numbers are growing. This

Best practice studies

14 January 2014
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A programme of international fact-finding visits was conducted during the summer and autumn of 2007 to a number of railway administrations in Europe, North America and Australia. This study tour was part of our work on the 2008 Periodic Review, which will determine the regulated outputs and access charges for the five year control period (CP4) between 1 April 2009 and 31 March 2014. To be able to

Periodic review 2008

14 January 2014
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The 2008 Periodic Review (PR08) set the outputs that Network Rail must deliver, and the level of access charges paid by train operators for use of the infrastructure from 1 April 2009 to 31 March 2014, or control period 4 (CP4).