Tuesday, 18 April 2017

Periodic Review 18 v Corporate Memory 0

This from Gilbert Ratchett...

Now that the Office of Rail Regulation has published the Initiation Notice for Periodic Review 2018, the phoney war of consultation documents is over and the Government has to say what it wants (the High Level Output Specification) and how much money it can scrape together to pay for what it wants (the Statement of Funds Available).

And there is now a firm deadline for delivery of these documents - better known as the HLOS and SoFA . And that date is 20 July.

Which, from past experience of Periodic Reviews, is when the infighting between the railway industry and its political and regulatory overlords gets serious. And talking of experience, Eye can't help but notice that not one member of the Network Rail Executive Board which over-saw the 2013 Periodic Review remains in post.

As the Periodic Review is all about Network Rail's funding, this total loss of corporate memory in five years means raw recruits are being thrown into the battle that will determine the railways' future.

Year Zero and trebles all round!