The Office of Rail and Road (ORR) has set out its final determination on Network Rail's £35bn plans (£31bn in England and Wales and £4bn in Scotland) to make Britain's railway more reliable and focused on passengers' needs.
This includes £7.7bn for maintenance of the railway and £16.6bn for renewals, which is a 17% increase from renewals spend in CP5. They have also increased the Performance Innovation Fund from £10m (in our draft determination) to £40m and confirmed a significant funding and resource boost for Network Rail's timetabling and planning functions, with the System Operator's forecast spend almost doubling.
In CP6, Network Rail will become much more locally focused with each route having its own budget, delivery plans and scorecards, helping to better deliver for our customers.
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