- Asset management
Network Rail’s obligations to provide asset management processes, policies and information are set out in licence condition 1. In particular conditions 1.19 to 1.22.
1.19 In complying with the general duty in condition 1.2, the licence holder shall;
- develop the policies and criteria it will apply in respect of the maintenance, renewal, replacement, improvement, enhancement and development of the relevant assets, which shall demonstrate how the licence holder will comply with the general duty in condition 1.2;
- apply those policies and criteria; and
- make appropriate information about those policies and criteria readily accessible to persons providing services relating to railways and funders, including potential providers and potential funders.
1.20 The licence holder shall maintain appropriate, accurate and readily accessible information about the relevant assets, including their condition, capability and capacity
1.21 ORR may permit the licence holder to exclude from the definition of “relevant assets” assets of such description or classes as shall be provided to and approved by ORR.
1.22 The licence holder shall from time to time and when so directed by the ORR review and, if necessary, revise the policies and criteria provided for in condition 1.19 to ensure that they remain sufficient to comply with the general duty in condition 1.2.
These clauses provide ORR with the ability to enforce a wide range of asset management and asset information compliance issues with Network Rail.
The current issues related to Network Rail’s asset management practices are reported quarterly in our Network Rail monitor within the asset management section. The key areas that we monitor and report on include asset planning, delivery and performance.
Asset management compliance
An asset management assessment framework forms the basis of the on-going development and improvement reviews carried out by the ORR to ensure that Network Rail complies with licence condition 1, asset management. In summary, the framework considers Network Rail’s asset management performance, capability and maturity in the following 6 areas:
- Strategy & Planning
- Whole-life cost justification
- Lifecycle management & delivery
- Asset knowledge management
- Capability development
- Review & improvement
With regard to Network Rail’s asset information strategy, the ORR and the Part B (Asset Management) Independent Reporter monitor Network Rail’s asset systems and data through regular auditing.
The ORR retain a list detailing the development and improvement recommendations from the audits.
The ORR is monitoring Network Rail’s asset information strategy. We review progress on a regular basis to ensure that Network Rail is making progress to achieve appropriate asset systems and data for the business and in particular for good asset management.
Last updated: March 2013
- Management of Structures Transformation Plan ( PDF 1074 Kb).
- Network Rail’s Maintenance Capability ( PDF 230 Kb).
- Letter to Peter Henderson Director of Asset Management Network Rail ( PDF 108 Kb).
- Management of structures transformation plan - Letter to Network Rail, 23 November 2011 ( PDF 131 Kb).
- Buildings & civils asset management transformation programme - Programme recommendation tracker, 20 November 2011 ( PDF 434 Kb).
- Asset policies conclusions - letter to Network Rail, 1 June 2010 ( PDF 74 Kb).
- Gauging data strategy - ORR letter to Network Rail, 1 March 2010 ( PDF 59 Kb).
- Gauging data strategy letter from Network Rail, 17 December 2009 ( PDF 893 Kb).
- ORR letter to Network Rail on compliance ( PDF 188 Kb).