Price controls

Guidance on Network Rail’s strategic business plans

25 July 2017
As part of the 2018 periodic review (PR18), Network Rail will produce strategic business plans (SBPs) which will form the main source of evidence that we will use to determine Network Rail’s funding and outputs for CP6.

Consultation on the overall framework for regulating Network Rail

24 July 2017
Draft design for our approach to regulating Network Rail in CP6 This document sets out our approach to regulating Network Rail in control period 6 (CP6, which will run from 1 April 2019 to 31 March 2024, as we have consulted on it in the draft determination. Its purpose is a tool to express our proposed framework for regulating Network Rail in a succinct way. Draft design for our approach to

High-level output specifications and statements of funds available

17 July 2017
This page sets out information relating to the high-level output specifications (HLOS) and statements of funds available (SoFA) for CP6. Overview As part of a periodic review, the Scottish Ministers and Secretary of State are required to inform us what they each want railway activities to achieve during the next control period. We call this the ‘high-level output specification’ or HLOS. The

Schedule 4 and 8 PR18 re-calibration working group

27 February 2017
In our charges and incentives consultation, published in December 2016, we encouraged an industry-led approach to the re-calibration of Schedules 4 and 8 in PR18. To help start this process we hosted a series of regular meetings to agree with industry the approach for recalibrating each aspect of the regimes. There are separate passenger, freight and charter Recalibration Working Groups to account

RDG PR18 working group: Outputs

14 September 2016
This group discussed issues relating to the development of the framework for Network Rail’s outputs and performance monitoring. This included considering the role of Network Rail’s stakeholders in informing what Network Rail would deliver. This working group was disbanded at the end of 2016 and Outputs items were covered through the RDG Route level regulation, charges and incentives working group

RDG PR18 working group: Improving the regulation of system operation

14 September 2016
This group discussed issues relating to the regulation of system operation. Garry White chaired this RDG working group. The agreed meeting notes of the working group are set out below, along with any other relevant papers. RDG system operation working group meeting note - 10 November 2017 RDG system operation working group meeting note - 7 August 2017 RDG system operation working group meeting

RDG PR18 working group: Route-level regulation, charges and incentives

14 September 2016
This group discussed issues relating to two of the priority work areas that we identified for the review in our initial consultation, namely: A focus on regulating at route level; and Increasing transparency around costs and improving incentives. The working group also considered the financial framework for CP6 as it is directly relevant to these two areas. The chair of this RDG working group was

Periodic review 2018 (PR18) initial consultation and conclusions

10 August 2016
In May 2016, we published our first major consultation on the 2018 periodic review (PR18). PR18 would determine Network Rail Infrastructure Limited’s (Network Rail’s) outputs and funding in control period 6 (CP6, which will run from 1 April 2019 to 31 March 2024). P
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