Economic regulation

Update on Highways England’s capital planning and asset management

1 February 2017
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2 February 2017 ORR published its first annual assessment of Highways England’s performance in July 2016. It was broadly positive, but we reported concerns that the company needs to establish more robust long-term plans for investment delivery and asset management. Our update reports on progress in two areas: Highways England’s development of a robust capital baseline plan; and its work to improve

RDG PR18 working group: Outputs

14 September 2016
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This group discussed issues relating to the development of the framework for Network Rail’s outputs and performance monitoring. This included considering the role of Network Rail’s stakeholders in informing what Network Rail would deliver. This working group was disbanded at the end of 2016 and Outputs items were covered through the RDG Route level regulation, charges and incentives working group

RDG PR18 working group: Improving the regulation of system operation

14 September 2016
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This group discussed issues relating to the regulation of system operation. Garry White chaired this RDG working group. The agreed meeting notes of the working group are set out below, along with any other relevant papers. RDG system operation working group meeting note - 10 November 2017 RDG system operation working group meeting note - 7 August 2017 RDG system operation working group meeting

RDG PR18 working group: Route-level regulation, charges and incentives

14 September 2016
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This group discussed issues relating to two of the priority work areas that we identified for the review in our initial consultation, namely: A focus on regulating at route level; and Increasing transparency around costs and improving incentives. The working group also considered the financial framework for CP6 as it is directly relevant to these two areas. The chair of this RDG working group was

Periodic review 2018 (PR18) initial consultation and conclusions

10 August 2016
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In May 2016, we published our first major consultation on the 2018 periodic review (PR18). PR18 would determine Network Rail Infrastructure Limited’s (Network Rail’s) outputs and funding in control period 6 (CP6, which will run from 1 April 2019 to 31 March 2024). P

Working Paper 5: Options for the treatment of enhancements in PR18

5 August 2016
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In 2016, we published our initial consultation on the 2018 periodic review (PR18). In connection with this, we subsequently published a number of working papers, including working paper 5 which explored options for the treatment of enhancements projects in control period 6 (CP6). Working paper 5 on options for the treatment of enhancements in CP6 On 16 June 2017, we published a close-out report on

Network Charges - a consultation on how charges can improve efficiency

3 August 2016
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Date published: 10 December 2015 Closing date: 4 March 2016 This consultation looked at the way in which Network Rail charges train operators for use of its network. These charges affect decisions made by operators, Network Rail and funders. This was the first consultation as part of a comprehensive review of Network Rail’s structure of charges for Control Period 6, (CP6) - (2019-2024) and beyond

Monitoring Highways England’s network investment

20 July 2016
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This consultation has now concluded. Conclusions and next steps We consulted on our approach to monitoring Highways England’s delivery of its network investment in summer 2016. The approach detailed in this document takes account of the responses received and sets out how the ORR monitors Highways England’s network investment plans and delivery of those plans, against the requirements of the Road

Working paper 4: Outputs framework

8 July 2016
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On 18 May 2016, we published our initial consultation on the 2018 periodic review (PR18). This set out our proposal to regulate Network Rail at route-level, alongside a tailored approach to regulating Network Rail’s system operation functions. In support of developing the detailed policy framework for this, we published a working paper on the Outputs Framework setting out our initial thinking in

Review of Outcome Frameworks in other Regulated Sectors

30 June 2016
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This page contains details of the Office of Rail and Road’s (ORR’s) work in informing its input into the second Road Investment Strategy (RIS2) 2020/21-2024/25. A key aspect of ORR’s role as Highways Monitor is to provide advice to the Secretary of State for Transport in relation to draft Road Investment Strategies – and in particular, whether the Strategies set for Highways England are both