gvtcx

PR23 recalibration of the Network Rail passenger Schedule 8 regime

OFFICE OF RAIL AND ROAD Published 9 Aug 2022 Contracts Finder

key details

Value£350,000
Statuscomplete
Category (CPV) 66171000 +1 more
Deadline9 Sept 2022
Contract start10 Oct 2022
Contract end1 Nov 2023
Procedureopen
SME suitableYes
OCIDocds-b5fd17-92164134-0817-4e47-9704-d67170ccc4b2

Award

SupplierValueDateStatus
OVE ARUP & PARTNERS LIMITED £320,235 16 Oct 2022 active

description

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 ITT for the recalibration of the passenger Schedule 8 regime and covers the following work:

•Network Rail Benchmarks

•Train Operator Benchmarks

•Network Rail Payment Rates

•Train Operator Payment Rates

•Sustained Poor Performance thresholds

documents

Documents are linked, not mirrored. They are served by the publishing authority and may require registration.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
21 Oct 2022 Award (award) · 6188a03b-5313-4555-b742-b6d170603dca-582818

more from OFFICE OF RAIL AND ROAD

all contracts from this buyer →

similar contracts awarded

Other awarded contracts in the same category. Useful for seeing who normally wins this kind of work, and at what value.

source

Published on Contracts Finder. Contact details for named individuals are not reproduced on this site.