Tenth Report - Overview of the English rail system
Select Committee
Public Accounts Committee
HC 170
7 July 2021
Government response
Treasury minutes: Government response to the Committee of Public Accounts on the Tenth report from Session 2021-22 · published 28 Oct 2021
Recommendations & Conclusions
4 results
23
Conclusion
Deferred
The Office of Rail and Road told us that in Control Period 5 (2014–15 to...
Conclusion
The Office of Rail and Road told us that in Control Period 5 (2014–15 to 2018–19), Network Rail became less efficient and failed to meet efficiency targets.58 Indeed, in contrast to assumptions made by the Office of Rail and Road …
Read more
Government Response Summary
Network Rail will provide a detailed response by December 2021, outlining how it will achieve the £4 billion efficiency target in Control Period 6, including improvements in approach, an efficiency framework, and specific targets for remaining years.
HM Treasury
View Details
24
Conclusion
Deferred
In the first year of Control Period 6 (2019–20), Network Rail exceeded its planned efficiency...
Conclusion
In the first year of Control Period 6 (2019–20), Network Rail exceeded its planned efficiency savings; achieving £385 million compared to £316 million expected.61 The Office of Rail and Road told us that Network Rail has improved its efficiency through …
Read more
Government Response Summary
Network Rail will submit a detailed response to the Committee by December 2021, outlining its plan to achieve the efficiency target in Control Period 6, including improvements in approach, an efficiency framework, and specific targets.
HM Treasury
View Details
25
Conclusion
Deferred
But Network Rail recognised that there “is still a mountain to climb” to achieve the...
Conclusion
But Network Rail recognised that there “is still a mountain to climb” to achieve the full efficiency improvements it has committed to, and that it will need to continue to increase savings.63 Network Rail estimated that 60% of remaining planned …
Read more
Government Response Summary
Network Rail will write to the Committee by December 2021, committing to delivering efficiency improvements in Control Period 6 and detailing how targets will be met, including improvements in approach, an efficiency framework, and specific targets.
HM Treasury
View Details
26
Conclusion
Deferred
In 2020, the Office of Rail and Road reported inherent uncertainty in the value of...
Conclusion
In 2020, the Office of Rail and Road reported inherent uncertainty in the value of some of the efficiency savings made by Network Rail in 2019–20.69 The Office of Rail and Road told us that it has now agreed a …
Read more
Government Response Summary
Network Rail will submit a detailed response by December 2021, outlining how it will achieve its efficiency target for Control Period 6, including improved approaches, an efficiency framework, and details on targets and the impact of COVID-19.
HM Treasury
View Details