Network Rail: updates to the financial framework for ORR's 2018 periodic review
Detail of outcome
The ORR has .
Following on from this consultation, on 31 October 2018 the Office of Rail and Road published its .
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鈥檚 financial performance and hold it to account