HS1 periodic review 2014 (PR14)

The 2014 periodic review (PR14) of High Speed 1 (HS1) was the first periodic review for HS1 Limited and covers the period from 1 April 2015 to 31 March 2020, control period 2 (CP2).

Under regulation 13 of the Railways Infrastructure (Access and Management) Regulations 2005, we have to ensure that HS1 Limited is provided with incentives to reduce the cost of allowing access to its infrastructure and level of access charges. We perform this function through periodic reviews in the manner set out in the concession agreement.

Please see our final approval document dated 9 May 2014.

On 21 July 2014 we published a notice implementing the contractual changes to the review provisions for passenger operators, and a notice implementing the contractual changes to the review provisions for freight operators:

Timeline and key events for PR14 so far