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Periodic review 2013: First consultation

Reference: ORR/013/2011
Date published: 25 May 2011
Start date: 25 May 2011
Closing date: 2 September 2011

In May 2011, we issued our first main consultation on the 2013 periodic review (PR13).

A periodic review is a programme of work through which decisions are made on what outputs Network Rail should deliver and the levels of access charges payable by train operators and other sources of funding the company receives. PR13 will establish outputs and access charges/funding for control period 5 (CP5) which will begin on 1 April 2014. We determine the outputs and access charges/funding in the context of the priorities for railways set out by the governments in England & Wales and Scotland and the public financial support they make available.

PR13 will also establish the wider ‘regulatory framework’, including the financial framework for Network Rail and the incentives acting on it and train operators to deliver and outperform the determination, including targets for performance. A periodic review is a major programme of work for the whole industry. The decisions taken have significant implications for Network Rail, its suppliers, train operators, taxpayers, passengers and freight customers.

The purpose of our May 2011 document was to:

  • explain the context, process and timetable for the review to allow stakeholders to plan their engagement;
  • set out our objective for PR13; and
  • consult on a range of key issues relating to the approach we will take to determining Network Rail’s outputs and access charges for CP5.

We received around forty responses from a wide range of stakeholders. We are grateful to all those who took the time to respond and to those who attended our workshops.

Next steps

We are now analysing the consultation responses which will help inform our February 2012 publication ‘Advice to ministers and framework for setting access charges’. This document will mark the formal start of the statutory periodic review process.

Consultation documents

Responses