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.
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.
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
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