ORR - THE OFFICE OF RAIL REGULATION - WWW.RAIL-REG.GOV.UK

Investments in the network

If rail services are to develop to better meet the needs of passengers and freight users, and the growth in demand, it is essential that there is an effective framework for delivering infrastructure investments such as increasing track capacity or building new stations. The Office of Rail Regulation (ORR) plays a central role in ensuring that the relevant parts of the regulatory and contractual framework are fit for purpose – to provide clear and effective processes for agreeing investment schemes and then ensuring that they are delivered on time and to budget.

Some schemes will be proposed by train operators, other rail users (in particular users of freight services) or funders of rail services. Others will be identified by Network Rail in its new role of coordinating the development of Route Utilisation Strategies for the railway network. Network Rail also generally takes the lead in promoting, planning, facilitating and, in most cases, delivering and financing schemes. It is therefore a key player in ensuring that improvements are delivered in an efficient and timely manner.

On 7 October 2005, following an earlier consultation, we published our policy conclusions, which set out a framework aimed at facilitating the efficient provision of investment schemes not already funded at a periodic review. The framework seeks to clarify Network Rail’s role in enhancements and the terms on which it engages with its customers, rail users and funders in facilitating and delivering them.

Documentation

General publications

21 July Investment framework guidance on station charges consultation  
12 May Investment Framework - ORR conclusions on our review of the approach to third party investments  
2 May 2008 ORR Review of obstacles to third party investment - stakeholder letter  
11 Oct 2007 ORR review of the approach to third party investments - stakeholder letter  
11 Oct 2007 Stakeholder workshop presentation by Network Rail - 26 September 2007  
28 Jun 2007 Proposals for a rebate mechanism for investors in large-scale enhancements – final conclusions  
2 Mar 2007 Policy framework for investments – update on implementation guidelines Responses
19 Jan 2007 Track access charges on the Stirling - Alloa - Kincardine route  
21 Dec 2006 Proposals for a rebate system in investments for large-scale enhancements - draft conclusions Responses
14 Dec 2006 Annual Review of Network Rail Investment Activity for 2005-06 (letter to Network Rail)  
29 Nov 2006 Code of Practice for the Application of Sections 16a to I of the Railways Act 1993 - Final conclusions  
5 Sep 2006 Model terms and conditions for third party investment schemes under Part G of the Network Code: basic agreements (letter to Network Rail)  
2 Aug 2006 Code of Practice for the Application of Sections 16a to I of the Railways Act 1993: A consultation document
- Covering letter
Responses
15 Jun 2006 Model terms and conditions for third party investment schemes under Part G of the Network Code: basic agreements (letter to Network Rail)  
24 Mar 2006 Policy framework for investments: guidelines on implementation arrangements & processes Responses
9 Mar 2006 Model terms and conditions for third party investment schemes under Part G of the Network Code (letter to Network Rail)  
16 Dec 2005 Proposals for a rebate mechanism for investors in large-scale network enhancements letter Responses
23 Nov 2005 Technical note: Network Rail’s approach to third party investments  
7 Oct 2005 Policy framework for investments: conclusions - (Press notice)  
25 Feb 2005

Policy framework for investments: an initial consultation 
- (Press notice)

Responses

Consultants' papers

12 Dec 2007 Halcrow report - Independent Reporter A - Project Monitoring 2006/07 - Final Report  
14 Dec 2006 Halcrow report - Independent Reporter A - Project Monitoring 2005/06 - Final Report
Dec 2004 NERA's report - Enhancement framework in regulated utilities