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About PR13
At the heart of the review is our assessment of what Network Rail (who manages the rail infrastructure) must achieve from 2014, the money it needs to do so, and the incentives needed to encourage delivery and outperformance. But the review goes beyond Network Rail and looks at how it should work more closely with train operators, suppliers and others to reduce costs and deliver more for customers.
As part of the periodic review we determine Network Rail’s outputs and expenditure separately for England and Wales, and for Scotland.
Our Objective for the periodic review:
"To protect the interests of customers and taxpayers by ensuring our determination enables Network Rail and its industry partners to deliver or exceed all the specified outcome and output requirements safely and sustainably, at the most efficient levels possible comparable with the best railways in the world by the end of the control period..."
Read more about:
Rail industry costs
Sir Roy McNulty's recent rail value for money study took our analysis of Network Rail's costs and looked more broadly at the efficiency of the whole rail industry.
Key issues for consultation
View a summary of the key issues, which are set out in detail within our first consultation document.
Key stages of the review process
The review is divided into three main stages, find out more about each of these.
Key decisions we will be making
As part of the periodic review, we will be making a number of important decisions.
Key dates
View a high-level timeline of when things will happen throughout the PR13 process.
