Our approach to regulation of the High Speed 1 (HS1) network, how we monitor and report on these obligations, and our enforcement powers.
Our regulatory statement sets out in more detail what we expect HS1 Limited to do to comply with its obligations.
On 27 July 2022, we took on responsibility for the regulation of the four stations on the HS1 network. Our second regulatory statement sets out our approach to doing so.
Monitoring and reporting on HS1
We monitor HS1 Limited's operational performance against the performance floor measures, set out in the concession agreement.
Network regulation / asset management
A key obligation for High Speed 1 (HS1) Limited in the concession agreement is the general duty concerning stewardship of the physical HS1 railway infrastructure.
Our HS1 enforcement powers
Our enforcement powers under the concession agreement are modelled on our enforcement powers under the Railways Act 1993.