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Risk management guidance
This section of the website provides high-level guidance and general principles on the application of so far as is reasonably practicable (SFAIRP) and cost benefit analysis (CBA) to railway safety.
ORR is revising the internal guidance it gives its inspectors on the application of so far as is reasonably practicable – see: add url or see related documents below. If you have any views on the document please let Mr Lee Collins, Safety Strategy, ORR, 2nd floor, One Kemble Street, London WC2B 4AN, e-mail: lee.collins@orr.gsi.gov.uk, Tel. 0207 282 3940 know before noon on Monday 18 May 2009.
As part of a review of our guidance on the use of CBA in support of safety-related investment decisions, we considered and responded to stakeholders’ views following a consultation (from November 2007 to January 2008). Our revised “Internal guidance on cost benefit analysis in support of safety-related investment decisions” guidance was released on 29 February 2008.
Last updated: 6 April 2009
Related documents
- Guidance for ORR’s inspectors on so far as is reasonably practicable (SFAIRP) (
PDF 20 Kb). - Draft Rail Guidance Document: Assessing whether risks on Britain's railways have been reduced so far as is reasonably practicable ( PDF 51 Kb).
- Internal guidance on the use of cost benefit analysis as part of assessing investments which reduce health and safety risks on Britain’s railways - letter to stakeholder ( PDF 54 Kb).
- Internal guidance on cost benefit analysis (CBA) in support of safety-related investment decisions ( PDF 69 Kb).
- Internal guidance and general principles for assessing whether health and safety risks on Britain’s railways have been reduced so far as is reasonably practicable ( PDF 106 Kb).
- Reasons document - Internal guidance on cost benefit analysis (CBA) ( PDF 335 Kb).
- Discount Rates for Rail Safety Scheme Appraisals - NERA ( PDF 131 Kb).