PR23 recalibration of the Network Rail passenger Schedule 8 regime
What the buyer wrote
The Office of Rail and Road (ORR) is currently carrying out its 2023 Periodic Review of Network Rail (PR23). This will set the outputs and funding for Network Rail for Control Period 7 (CP7) which will run from 1st April 2024 to 31st March 2029. As part of this process, ORR is reviewing the Schedule 8 regime. Schedule 8 is the industry performance regime, which incentivises Network Rail and train operators for fluctuations in train performance from pre-determined benchmarks, and in so doing provides financial protection to operators against unplanned disruption. ORR's work on Schedule 8 is part of the 'charges and incentives' pillar of PR23 and is being led by ORR's Rail Economics team. This…
Details
- What the buyer calls it
- PR23 recalibration of the Network Rail passenger Schedule 8 regime
- How they are buying
- Advertised, open to anyoneAny supplier could bid without being invited first.
- Type
- services
Who the buyer named
Mayank Vyas was the named contact on this notice.