Consultation on the financial framework for PR18
Date published: 26 January 2017
Closing date: 13 April 2017
Our consultation on the 2018 periodic review (PR18) financial framework sets out key issues for PR18 relevant to the determination of Network Rail’s revenue for control period 6 (CP6 - 1 April 2019 to 31 March 2024) including those linked to the high level output specifications (HLOSs) and statements of funds available (SoFAs) that will be produced by the Secretary of State and the Scottish Ministers this year.
Our work to develop the financial framework is set within the context of Network Rail’s reclassification as a public sector arm’s length body and our move to route-level regulation. Our policy decisions will have impacts on Network Rail’s finances and, ultimately, the costs for rail users and taxpayers.
We would welcome your views on this consultation by 13 April 2017 and we plan to publish an update paper in September 2017.