Price controls

About our 2018 periodic review (PR18)

16 November 2015
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Periodic reviews are one of the principal mechanisms by which ORR holds Network Rail to account, and secures value for money for users and funders of the railway.

Preparatory work for the review of Schedules 4 and 8

13 November 2015
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In late 2015, we began preparing for reviews of Schedules 4 and 8 of the track access contract (the possessions and performance regimes, respectively) for the 2018 periodic review of Network Rail (PR18).

Periodic review 2018 (PR18)

4 August 2015
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This section includes information about the 2018 periodic review 2018 (PR18) of Network Rail's outputs and funding for control period 6 (2019-24).

Periodic review 2013 (PR13) consultations

1 July 2014

Content archived on 12 July 2025

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A list of our closed PR13 consultations in date order. Consultation on implementation of CP5 capacity charge for new open access operators Last updated: 1 Jul 2014 Consultation about our proposed approach to implement our decision on the capacity charge rates payable by new entrant open access operators (OAOs) during CP5. Capacity charge baselines for freight, open access passenger and charter

Route-level efficiency benefit sharing (REBS) mechanism

16 April 2014
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The route level efficiency benefit sharing (REBS) mechanism was designed to encourage Network Rail and train operators (passenger and freight) to work together and allow both to share in Network Rail's efficiency gains or losses on an annual basis.

PR13 success criteria

27 March 2014
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Here you can view the objectives and criteria which we will use to evaluate the success of the periodic review 2013 (PR13), the multi-billion pound plan for improving Britain's railways between 2014 and 2019.

Capacity charge baselines for freight, open access passenger and charter operators

19 March 2014

Content archived on 12 July 2025

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In our Periodic review 2013: final determination of Network Rail's outputs and funding for 2014-19, we concluded that the capacity charge would be levied on freight, open access and charter operators in CP5 subject to a number of baselines, so that Network Rail would effectively receive a higher charge for traffic above certain thresholds as part of a year-end reconciliation or wash-up process.