Threads / Rail Regulation and Performance Standards / In 2020, the Office of Rail and Road reported inherent unce…
Committee Material Published 7 Jul 2021 ↗ View on Parliament

In 2020, the Office of Rail and Road reported inherent uncertainty in the value of some of the efficiency savings made by Network Rail in 2019–20.69 The Office of Rail and Road told us that it has now agreed a set of indicators with Network Rail which measure the likelihood of Network Rail meeting its efficiency targets for the Control Period. It also told us that Network Rail’s regional management information has improved, enabling a better understanding of relative performance. Despite thes...

In 2020, the Office of Rail and Road reported inherent uncertainty in the value of some of the efficiency savings made by Network Rail in 2019–20.69 The Office of Rail and Road told us that it has now agreed a set of indicators with Network Rail which measure the likelihood of Network Rail meeting its efficiency targets for the Control Period. It also told us that Network Rail’s regional management information has improved, enabling a better understanding of relative performance. Despite these improvements, the Office of Rail and Road reiterated the large scale of the challenge faced by Network Rail in achieving its efficiency target for Cont Type: conclusion | Number: 26 | Response status: not_addressed Government response: 6.2 Network Rail will write to the Committee in December 2021. Network Rail remain committed to delivering the committed efficiency improvements in Control Period 6, and Network Rail will continue to be held to account for doing so by the independent Office of Ra