Publication

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

Our decisions on the financial framework supplementary document that forms part of ORR's draft determination for PR18.

As part of PR18, we have reviewed the structure of the charges levied for use of the network and the incentives in place on Network Rail and train operators.

Comments on Network Rail's strategic business plans (SBPs) for control period 6

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

This page provides details of our work and publications on developing the framework for Network Rail’s national system operator (NSO) in control period 6 (CP6) as part of the 2018 periodic review (PR18).

This consultation document sought views on what Network Rail, ORR and the wider industry needed to do differently to improve renewals efficiency in CP6.

As part of the 2018 periodic review (PR18), Network Rail will produce strategic business plans (SBPs) which will form the main source of evidence that we will use to determine Network Rail’s funding and outputs for CP6.