Periodic review 2023 of Network Rail: draft determination
Applies to England, Scotland and Wales
Detail of outcome
The Office of Rail and Road has published its PR23 final determination, which includes its overall decisions on Network Rail’s outputs and funding for control period 7 (2024 to 2029).
Read the full outcome on ORR’s website.
Detail of feedback received
The Office of Rail and Road published responses to this consultation on 31 October 2023.
Original consultation
Consultation description
The Office of Rail and Road’s (ORR) periodic review process is one of the principal mechanisms by which it holds Network Rail to account and secures value for money for users and funders of the railway.
ORR’s focus during the 2023 periodic review (PR23) has remained on:
- safety
- performance
- asset sustainability
- efficiency
Consultation themes
- it sets out ORR’s views on Network Rail’s plans for spending £44.8 billion for Britain’s rail network (£40.0 billion for England and Wales, £4.8 billion for Scotland) from April 2024 to March 2029 - the period known as control period 7 (CP7)
- ORR’s assessment identifies that while Network Rail’s plans largely deliver against government priorities, a greater focus is needed on train performance and renewing core assets
- better train performance will benefit passengers and freight customers, while core assets like track, structures and earthworks need to be resilient, especially with the challenges presented by climate change
Updates to this page
Last updated 31 October 2023 + show all updates
-
Feedback and outcome published.
-
First published.