Closed consultation

Network Rail: updates to the financial framework for ORR's 2018 periodic review

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Seeks views on financial issues relating to Network Rail for Office or Rail and Road's 2018 periodic review.

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Consultation description

The Office of Rail and Road (ORR) is seeking feedback about the financial issues concerning Network Rail for its 2018 periodic review (PR18) including:

  • the possibility of new funding arrangements for some enhancement projects and the implications for the financial framework
  • different approaches to setting the cost of capital for Network Rail
  • ways of managing the financial risks that could affect Network Rail and its financial sustainability (including at route-level)
  • the design of:
    • appropriate financial incentive mechanisms
    • effective arrangements to assess Network Rail’s financial performance and hold it to account
Published 20 December 2017