Policy paper

Railways statement of funds available 2017

Sets out the public funds government is making available for the railway during control period 6, 2019 to 2024.

Documents

Railways Act 2005 statement of funds available 2017 (web version)

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Railways Act 2005 statement of funds available 2017 (print version)

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Details

This is the statement of funds available (SoFA) for railway control period 6 (April 2019 to March 2024). It sets out for the Office of Rail and Road (ORR) the information about the public funds, in respect of England and Wales, that the government is making available during the period.

This is to support delivery of the Secretary of State’s High level output specification (HLOS) provided on 20 July 2017, which is aimed at ensuring that the railway becomes more focused on issues that matter most to its customers.

This SoFA replaces the initial SoFA, which was included in the July 2017 HLOS document. It follows work conducted by government, in consultation with the ORR, to further assure itself that the volumes and costs of operations and maintenance activity will be reasonable and affordable.

The SoFA is a statutory requirement introduced by the Railways Act 2005.

Published 12 October 2017