ORR draft determinations for Network Rail charge control

ORR consultation (374 pages, PDF) on proposed controls on the level of Network Rail's charges to franchised passenger railway operators (which are passed through to the UK and Scottish Governments) for the period 2009-2014. ORR has also released a number of related consultancy reports over the last few days.

The proposed allowed rate of return is “4.7% on a real vanilla basis”, probably corresponding approximately to 6.75 per cent plus RPI on equity and 3.4 per cent plus RPI on debt on the basis of a notional gearing just over 60 per cent.

Responses by Thursday 4 September 2008.

For further information or advice please contact Franck Latrémolière.

Filed under ORR, Price controls, Public transport.

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