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Periodic review 2013: Network Rail’s plans for the next five years – 2014-19 (Control Period 5)
As the regulator, it’s ORR’s responsibility to ensure that Network Rail delivers what the Westminster and Scottish governments want – and provides real value for money for customers and taxpayers. This covers everything from running and maintaining the existing rail network, right up to developing new facilities and services. Every five years, we conduct a periodic review of Network Rail’s plans for the next control period.
These pages explain:
Download a PDF version of the guide ( 1.62 Mb)
This final determination focuses on the following key principles:
- delivering what matters to passengers and other customers;
- more effective and prioritised spending on renewing the rail network; and
- working more closely and in more detail with Network Rail to drive performance upwards.
We have set Network Rail targets which are stretching, but deliverable through improved performance – and which represent value for money to taxpayers and customers. The key priorities include:
- delivering what matters to passengers – nine out of ten regional, Scottish, Southeast and London passenger trains to run on time, with fewer serious delays or cancellations on mainline long distance services
- creating savings for taxpayers by delivering the rail programme for £1.75 billion less than Network Rail’s original estimates
- improving the network, including building new stations and facilities, and improving existing ones;
- improving the network’s reliability and resilience by ensuring much tighter management of track, equipment and structures; and
- maintaining a safe network, including improved worker safety and safety at level crossings.
You can also access the full final determination on our website.