Network Rail to invest £25bn and cut costs by 20%
BRITAIN's infrastructure manager, Network Rail (NR), has agreed to spending and performance targets laid down by the Office of Rail Regulation (ORR) for 2014-2019 known as Control Period 5 (CP5).
NR will invest £12bn on infrastructure renewals and a further £12.8bn for enhancements, including electrification and the Thameslink and Crossrail projects, during CP5, which in total is about £1bn more than in CP4.
NR has also agreed to reduce costs by 19.4% compared with its proposed reduction of 13.8%. ORR says this will be achieved through improved management of possessions, working more effectively with suppliers, improved asset management and better targeting of work.
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Het lijkt veel, maar Thameslink en Crossrail eten zo veel geld op dat er voor de rest van het net relatief maar weinig overblijft.
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