Rail Regulator will examine PTEG track cost report
The Office of Rail Regulation has responded to PTEG’s recent report on rail track allocation costs (LTT 25 July) and has issued the following statement:
“ORR has committed to review Network Rail’s charges and incentives for its next five year funding period. This will encourage the rail industry to work together and improve productivity and punctuality, providing greater value for money for governments, taxpayers and passengers,” says Brian Clarke, Media Relations Officer.
“To inform this work, the Rail Delivery Group (RDG) has launched a programme of work looking at how rail operators are charged to run trains on Network Rail infrastructure. The regulator will study the PTEG report on cost allocation, and RDG’s findings on track access charges, as we develop our thinking on the structure of charges for 2019 and beyond.”
PTEG’s Support Unit Director, Jonathan Bray, told LTT that the report had provoked much interest and some positive feedback, though it had not yet received any formal response from the ORR or DfT.