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Office Of The Rail Regulator: Proceedings At A Periodic Review Hearing With Railtrack

Document Summary

A transcript of a meeting between the Railtrack Board and the Rail Regulator; one of a series held during 2000, as Railtrack attempted to manage the financial fallout resulting from the dropping of moving block signalling from WCRM.

This document was published on 12th September 2000 by Office of Rail Regulation.

It was written by Office of Rail Regulation.

The original document format was PDF File, and comprised 39 pages.The original document can be found here.

This document was kindly sourced from Network Rail and is in our Meeting minutes & notes collection. It was added to the Archive on 8th January 2005.

Copyright Information

This document is Crown Copyright, and is subject to the terms governing the reproduction of crown copyright material. Depending on the status and age of the original document, you may need an OPSI click-use license if you wish to reproduce this material, and other restrictions may apply. Please see this explanation for further details.

"Good morning and welcome to the final hearing on the periodic review of Railtrack's access charges. This review has been a long and intensive process for the industry as a whole and we have received very detailed and useful responses to our consultation and I expect that my final conclusions will result in a much more robust financial framework to facilitate efficiency and investment in the industry.

Railtrack has already made extensive submissions following the publication of my draft conclusions on the 27th July 2000 and these will continue to be considered before I reach my final conclusions. This hearing therefore provides you with a further opportunity to explain the key elements of your position to me personally and to my full board. We will therefore be mainly in listening mode today, and almost all the issues which are likely to be raised today have already been discussed with you in detail before today. So if we are silent on a particular issue that should not be misconstrued as assent to a particular proposition or position."