ORR’s holding Network Rail to account policy
Consulting on a new regulatory policy for holding Network Rail to account.
Detail
Following the final determination of our 2018 periodic review (PR18), we are consulting on a new regulatory policy for holding Network Rail to account for delivery of the commitments in our determination, and the obligations in its network licence.
The new policy will replace the existing economic enforcement policy for Network Rail, coming into effect for the start of Control Period 6. It reflects significant changes to Network Rail’s business model in recent years, and ORR’s new approach as set out in the 2018 periodic review.