Rail Regulator appoints consultants to review Railtrack s costs and scope for efficiency

6 May 1999
ORR/99/15

The Rail Regulator, Chris Bolt, today announced the appointment ofBooz-Allen and Hamilton (BAH) to carry out an assessment of Railtrack’s futureexpenditure needs and the scope for efficiency savings for the period from 2001. This project follows on from the work which BAH carried out previously, reviewingRailtrack’s stewardship of the network in the period from 1995 to 2001. Both projects are important inputs into the periodic review of Railtrack’s access charges which the Regulator is currently carrying out, and on which he is due to reach conclusions in July2000.

Notes for editors:

1. The periodic review is the process which the Regulator carries out in order to determine the level of Railtrack’s access charges to franchised passengertrain operators.

2. On 13 April 1999 the Regulator published the report which Booz-Allen and Hamilton prepared on Railtrack’s performance in the period 1995 to 2001. The report and the press notice which accompanied its publication are available on the ORR website at http://www.rail-reg.gov.uk/

3. Booz-Allen and Hamilton is an international management and technology consultancy with worldwide experience of railway asset management and efficiency studies.

PRESS ENQUIRIES:
ORR Press Office - 0171 282 2007/2002
Out of hours - pager 0941 148521