Network Rail: updates to the financial framework for ORR's 2018 periodic review
Detail of outcome
The ORR has published its response to this consultation.
Following on from this consultation, on 31 October 2018 the Office of Rail and Road published its Periodic review 2018: final determination.
Original consultation
Consultation description
The Office of Rail and Road (ORR) is seeking feedback about the financial issues concerning Network Rail for its 2018 periodic review (PR18) including:
- the possibility of new funding arrangements for some enhancement projects and the implications for the financial framework
- different approaches to setting the cost of capital for Network Rail
- ways of managing the financial risks that could affect Network Rail and its financial sustainability (including at route-level)
- the design of:
- appropriate financial incentive mechanisms
- effective arrangements to assess Network Rail’s financial performance and hold it to account
Updates to this page
Published 20 December 2017Last updated 27 March 2018 + show all updates
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ORR has published response to this consultation.
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First published.