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1999-04-13 ORR-001
Office of the Rail Regulator

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Rail Regulator publishes report on Railtrack’s network stewardship and consults rail industry on Railtrack’s plans


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Office of the Rail Regulator
ORR



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Office of the Rail Regulator

Rail Regulator publishes report on Railtrack’s network stewardship and consults rail industry on Railtrack’s plans
_______________________________________________________________


date
13 April 1999
source Office of the Rail Regulator
type Press release

note ORR/99/11


The Rail Regulator, Chris Bolt, today published the report by the international consultants, Booz Allen and Hamilton, on Railtrack's performance as owner and operator of the network over the past four years, and its prospective performance to 2001.

Chris Bolt said: "This report is an integral part of the Periodic Review of Railtrack's access charges. The Regulator needs to determine whether Railtrack has delivered the network performance and capability which train operators are paying for, through current access charges. Booz Allen have asked some searching questions of Railtrack. Before coming to decisions on the implications of the report for the Periodic Review, I want to hear from train operators, funders of the railway, Railtrack and others whether they believe the Booz Allen conclusions are right."

At the same time as seeking views on the Booz Allen report, Chris Bolt has sought views on whether the plans set out in Railtrack's Network Management Statement published on 25 March meet the reasonable requirements of train operators and funders, as required by Railtrack's Network Licence.

A copy of the letter sent to train operators and funders is attached.



Notes to Editors

1. The Periodic Review of Railtrack's access charges, which takes effect in 2001 but with decisions made in 2000, will set Railtrack's charges to train operators for use of its network from 2001 to 2006. An important element of the Review is to establish the extent to which Railtrack has delivered on what is being paid for in current access charges.

2. Booz Allen and Hamilton were commissioned by the Rail Regulator in September 1998 to carry out a review of Railtrack's performance in operating, maintaining, renewing and developing the network between 1995-2001, comparing it against what was expected when access charges were set.

3. Railtrack's Network Management Statement was published on 25 March 1999. In order to comply with the requirements of its Network Licence, Railtrack must meet the reasonable requirements of train operators and funders in terms of the maintenance, renewal and development of the network, and the Network Management Statement is the means by which Railtrack demonstrates this. As required by the Rail Regulator, Railtrack carried out a major exercise in 1998-9 to establish those reasonable requirements, and the Rail Regulator now wishes to ensure these are reflected in the NMS. The Shadow Strategic Rail Authority will be looking at Railtrack's plans beyond 2001, the Rail Regulator will shortly be appointing consultants to review Railtrack's efficiency and expenditure plans for that period.

PRESS ENQUIRIES: ORR Press Office - 0171 282 2007/2002

Out of hours - Pager - 0941 148521


Railhub Archive ::: 1999-04-13 ORR-001





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