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Railhub Archive
1996-02-22 ORR-001
Office of the Rail Regulator

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Rail Regulator welcomes Railtrack's intention to publish details of its performance


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Office of the Rail Regulator

Rail Regulator welcomes Railtrack's intention to publish details of its performance
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date
22 February 1996
source Office of the Rail Regulator
type Press release

note ORR/96/7


The Rail Regulator, John Swift QC, today welcomed Railtrack's announcement that it would publish quality indicators showing its performance in maintaining and renewing the rail network.

Mr Swift said, "I welcome Railtrack's commitment to publish information about the capacity and performance of the national railway network. This is an important initiative: Railtrack must perform, and be seen to perform, to the highest standards of efficiency in its stewardship of the national network.

"Thus, when I approved Railtrack's track access charges, I included an allowance amounting to £3.5 billion over six years to be spent on capital renewal of the rail network. This was in addition to annual maintenance costs provided for in operating costs. This means that Railtrack has a guarantee of funding for maintenance and renewal of the network.

"But this guarantee carries with it obligations on Railtrack in respect of its train operating customers, and their passengers, to ensure that this money is spent - and is well spent. I shall be monitoring Railtrack's performance in this respect very closely. The information Railtrack intends to publish will help me, and Railtrack's customers, to monitor how effectively the network is being maintained and renewed. I expect that the incentives to improved performance which are now contained in Railtrack's contracts with train operators will produce a steady increase in the quality of performance as shown in the key performance indicators."

Notes to Editors

1. The indicators, which have been developed in discussions between Railtrack and the Rail Regulator, will cover the following:

Number of kilometres available to different types of traffic (passenger, freight, maximum train speeds, axle loads and dimensions)
Extent of electrification
Number of stations
Ride quality
Incidents of various types causing train delays
Extent of train delays
2. The indicators are expected to be published at the same time as Railtrack's annual report and accounts, although some will be made available on a six-monthly basis. The first figures will be published at the time of the interim results for the six months ending 30 September 1996.


Railhub Archive ::: 1996-02-22 ORR-001





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