Our draft determination set out our proposed decisions on the process through which we determined what Network Rail should deliver in respect of its role in operating, maintaining and renewing its network in control period 6 (CP6) and how the funding available should be best used to support this.
consultation invited suggestions for improvements to the clarity, consistency and simplicity of the contractual drafting of schedules 4, 7 and 8 of the model freight and passenger track access contracts.
Overview Good quality financial information is important for effective regulation as it helps to ensure that the interests of customers and funders are properly protected. Network Rail's regulatory financial statements are the primary sources of information about the company's financial performance. We recently consulted on how we should assess Network Rail's efficiency and financial performance
Consultation outcome Following careful review of the consultation responses, along with our continued engagement with stakeholders, we have developed the following approach document, which also sets out the process and timescales for our periodic review. ORR approach to PR19 Published 31 January 2018 Consultation responses We received 7 responses to our initial consultation from stakeholders. We
The final guidance summarises the provisions of The Railways Infrastructure (Access Management and Licensing of Railway Undertakings) Regulations (Northern Ireland) 2016 (the NI Regulations) and explains the rights and responsibilities of service providers and railway undertakings with regards to access and charging. It also sets out ORR’s interpretation of key provisions, and the process for
ORR’s conclusions on changes to its economic enforcement policy and penalties statement to reflect The Railways (Access, Management & Licensing of Railway Undertakings) Regulations 2016. Outcome of the December consultation Changes to our enforcement policy were required to reflect The Railways (Access, Management and Licensing of Railway Undertakings) Regulations 2016 (the A&M Regulations). The A