Download or read book Office of Rail Regulation written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2011-07-12 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Office of Rail Regulation (the Regulator) is the independent economic and safety regulator of the rail industry in England, Scotland and Wales. The Regulator's duties include promoting economy and efficiency in the rail industry with much of its work focusing on Network Rail, the owner and monopoly provider of the national rail network, including track, signalling and stations. Network Rail does not face normal commercial pressures from investors and lenders to improve efficiency as it is a not-for-dividend company without shareholders, financed by debt guaranteed by the Government. It is therefore the role of the Regulator to hold Network Rail to account for its performance and to incentivise it to become more efficient. The Regulator sets efficiency targets when it determines the limits on fees Network Rail can charge train operators for use of tracks, stations and depots. Sir Roy McNulty's recent review of the rail industry showed that the rail industry continued to fail to achieve effective value for money. The Committee states that the Regulator did not exert sufficient pressure on Network Rail to improve its efficiency, and that there is an absence of effective sanctions for under-performance in the system and should enforce a stronger link between performance and bonus payments to Network Rail's senior managers. The relationship between Network Rail, the Regulator and their advisors appears to the Committee to be too cosy. Network Rail should be more accountable for its use of public money, and more transparent in its operations. The Committee sets out 11 conclusions and recommendations.
Download or read book Railway Safety Principles and Guidance written by Great Britain. Health and Safety Executive and published by . This book was released on 1997 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: Introduction; Integrating the tramway; Tramway clearances; The infrastructure; Tramstops; Electric Traction System (ETS); Signalling; Tram design and construction; Tramway signs for tram drivers; Road and tram traffic signalling integration; Heritage tramways; Non-passenger carrying trams; Common terms; Registration.
Download or read book ORR Business Plan 08 09 written by Great Britain. Office of Rail Regulation and published by . This book was released on 2008 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regulating Network Rail s efficiency written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2011-04 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Limitations in Network Rail's information on its own costs are hampering the ability of the Office of Rail Regulation (the Regulator) to judge the genuineness of the efficiency savings reported by Network Rail. This report acknowledges that the Regulator has significantly developed the methods it uses to judge efficiency. Its targets have demanded substantial improvements from Network Rail. Network Rail has made efficiency savings of 27 per cent in the five years to 2008-09, equivalent to £1.8 billion in that final year. This was below the Regulator's target of 31 per cent, although this was still an achievement when compared to savings in other regulated industries. The Regulator has determined that substantial scope remains for Network Rail to improve its efficiency, estimating that maintenance and renewal activities were 34 per cent to 40 per cent less efficient than the most efficient European rail infrastructure managers in 2008. The Regulator estimates that Network Rail can achieve further efficiency savings of 21 per cent in the five years to March 2014 - equivalent to spending £940 million less in 2013-14 than the forecast for that year without efficiency gains. However, there are continuing limitations in the robustness and coverage of Network Rail's unit cost information. These need to be addressed promptly to improve confidence that future efficiency targets accurately reflect Network Rail's potential for sustainable savings, as the efficiency gap narrows, and that reported savings correctly reflect efficiency gains actually achieved.
Download or read book Implementing The Future of Rail written by Great Britain. Office of Rail Regulation and published by . This book was released on 2004 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook on Railway Regulation written by Matthias Finger and published by Edward Elgar Publishing. This book was released on 2020-09-25 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking a global approach, this insightful Handbook brings together leading researchers to provide a comprehensive overview of the state-of-the-art in railway regulation with a particular focus on countries that rely heavily on railways for transportation links. The Handbook also considers the most pressing issues for those working in and with railway systems, and outlines future trends in the development of rail globally.
Download or read book Increasing passenger rail capacity written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2010-06-04 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report points out that the Department for Transport's latest plans for increasing rail capacity would not deliver as much extra capacity as originally specified, although the taxpayer would have provided nearly as much financial support (£1.2 billion over the period 2009-14) to train companies as originally envisaged. Value for money is also at risk because costs, particularly of rail carriages, have risen at the same time as the recession has reduced the Department's projections of demand. Against this background, the Department has reviewed each individual scheme before entering into contract to ensure that it still offers value for money. By March 2010, the Department had secured use of 526 extra carriages, with a further 106 ordered and due to be ready for operation by 2012. Capacity is now expected for 99,000 extra passengers into London in the morning peak (between 07:00 and 09:59), 15 per cent fewer than originally envisaged, and 25,500 extra passengers into other English cities, 33 per cent fewer. Passenger Transport Executives in the North of England - local government bodies responsible for the public transport in major cities - feel that their expectations for increased capacity in their area have not been met. In 2007 the DfT published a thirty-year strategy which set aside £9 billion for capacity increases. Within this, £7 billion was allocated to Network Rail. The Office of Rail Regulation (ORR) scrutinised Network Rail's plans to but the level of cost detail available to ORR restricts its ability to judge or evaluate.
Download or read book An Introduction to the Office of the Rail Regulator written by Office of the Rail Regulator and published by . This book was released on 1994 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Railroad Regulation written by United States. General Accounting Office and published by . This book was released on 1999 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Railroad Regulation written by United States. General Accounting Office and published by . This book was released on 1990 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Office of Rail Regulation Annual Report and Accounts 2013 14 written by Great Britain. Office of Rail Regulation and published by . This book was released on 2014 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 415 p State regulation of railways Prepared by the statistician Henry C Adams The tabulations and original draft of the text by Harrison S Smalley written by United States. Interstate Commerce Commission and published by . This book was released on 1903 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rail Regulator Welcomes Appointment of Chairman designate of the New Office of Rail Regulation written by Office of the Rail Regulator and published by . This book was released on 2004 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Equipment Enforcement Manual written by United States. Federal Railroad Administration and published by . This book was released on 1976 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Materials Concerning the Effects of Government Regulation on Railroads and an Economic Profile of Railroads in the United States written by United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Transportation and Commerce and published by . This book was released on 1975 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Compilation of Railroad Laws Relating to Railroad Regulation as Amended Through January 1 1999 written by United States and published by . This book was released on 1999 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Volume 1 Compilation of Railroad Laws Relating to Railroad Regulation written by and published by Government Printing Office. This book was released on with total page 622 pages. Available in PDF, EPUB and Kindle. Book excerpt:
