Review of the schedule 8 performance regime

ORR consultation (PDF, 42 pages) on the review of the financial performance regime for delays and cancellations on Network Rail's infrastructure. Suggests changes to compensation for persistently poor performance, a recalibration of payment rates, and locally-based year-on-year benchmark improvements. Also discusses a DfT/SRA suggestion to abolish payments from train operators to Network Rail, which would lead to an asymmetric incentive regime and affect TOC-on-TOC compensation arrangements. Responses by Friday 8 April 2005.

For further information or advice please contact Franck Latrémolière.

Filed under DfT, ORR, Public transport.

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