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Glossary
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R
RAB
Regulatory asset base: The Office of Rail Regulation's calculation of the value of Network Rail's assets.Rail Delivery Group
The Rail Delivery Group brings together the owners of Britain's Train Operating Companies, Freight Operating Companies and Network Rail to provide leadership to Britain's rail industry.Railway facility
Section 83(1) of the Railways Act 1993 defines “railway facility” as follows:“any track, station or light maintenance depot”.
Railway Group Standards
Railway Group Standards (RGS) are produced in accordance with the railway group standards code. The purpose of RGS is to facilitate the management and operation of the shared system that is the mainline railway.
Railway services
“Railway services” are defined in section 82(1) of the Railways Act 1993 as “services of any of the following descriptions:(a) services for the carriage of passengers by railway;
(b) services for the carriage of goods by railway;
(c) light maintenance services;
(d) station services;
(e) network services.”
Railway undertaking
In the context of licensing, any private or public undertaking the principal business of which is to provide rail transport services for goods and/or passengers, with a requirement that the undertaking must ensure traction.RCF
Fatigue cracking on a rail caused by rolling contact stresses from passing wheel-sets. There are several types of RCF, the most notable being Gauge corner cracking.Recovery plan
Quantified and robust plan produced by Network Rail to work constructively with the relevant operators (sometimes represented by a recovery board) to reduce delays to freight services or long distance passenger services.
Regulatory allowance
The expenditure allowed by ORR in calculating the revenue requirement in the access charges review 2003.Regulatory target
A regulatory target is a target set for Network Rail by ORR at the conclusion of a periodic review. It defines a level of performance, attainment, or progress that Network Rail is funded to achieve at a point in time. ORR sets Network Rail a range of regulatory targets for each year of a control period, including train service performance, PPM and CaSL.
ORR may enforce delivery of regulatory targets through Network Rail's network licence.
Renewal
Major capital works or replacement of the network in order to maintain its required capability. These may be required at specific times but are more often carried out according to Network Rail’s own timetable.RIA
Regulatory impact assessmentRIAC
Railway Industry Advisory Committee: provides advice to the ORR Board on railway health and safety.
Rights review meetings
Process whereby Network Rail and freight operators meet every six-months to establish whether the operators continue to have commercial needs for existing rights in accordance with Part J of the Network Code.
ROC
Railway operational code: Established by Network Rail under Part H of the Network Code, in consultation with rail industry parties with the objective of sustaining operation of train services on the network in accordance with the Working timetable, the needs of passengers and freight customers; the interests of safety and security; the efficient and economical operation of the network and of trains operating on it, and criteria published by ORR.