ORR approves five-year plan for HS1
12 May 2014 • Author: The Office of Rail Regulation
The Office of Rail Regulation (ORR) has approved a five-year plan for High Speed 1 (HS1), which sets out a long term investment programme and reduced charges to run passenger and freight services on the line.
The HS1 plan, which will run from 2015-2020, has been developed through a transparent and collaborative consultation process with HS1, Network Rail High Speed and the train operators. It builds on current high levels of performance, in 2013-14 only 0.31% of trains were delayed by issues wholly or partly caused by HS1’s infrastructure, compared with the annual target of 13%. In particular ORR has approved recommendations – informed by HS1’s asset management model which defines long term maintenance and renewal costs – to reduce charges to run passenger and freight services by more than 10%.
To view the plan in full, click here.