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Railhub Archive
1999-03-25 ORR-001
Office of the Rail Regulator

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Rail Regulator comments on Railtrack's latest investment plans


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Office of the Rail Regulator

Rail Regulator comments on Railtrack's latest investment plans
_______________________________________________________________


date
25 March 1999
source Office of the Rail Regulator
type Press release

note ORR/99/09


Chris Bolt, the Rail Regulator, commenting on Railtrack's Network Management Statement, published today, said:

"This is a key document informing the debate about the development of the rail network over the next decade. It will be a vital part of the consultation carried out by the Shadow Strategic Rail Authority on the type and level of services the network should provide. The SSRA's advice will be set out in an Assessment delivered to Government, which will in turn be a key input into the Regulator's Periodic Review of Railtrack's charges.

"I will be consulting train operators and Passenger Transport Executives to ensure that the statement contains adequate plans to meet their reasonable requirements. I will also shortly be appointing consultants to review Railtrack's costings and its assumptions about the scope for future efficiency."

Press Enquiries : ORR Press Office - 0171 282 2002/2007

Out of Office Hours - Page 0941 148521


Railhub Archive ::: 1999-03-25 ORR-001





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