Financial framework for price control period 7
Applies to England, Scotland and Wales
Detail of feedback received
Responses to this consultation will be published alongside the consultation outcome.
Consultation description
The Office of Rail and Road (ORR) is consulting on the financial framework for the five year period starting 1 April 2024, or CP7.
CP7 covers the period from 1 April 2024 to 30 March 2029.
This consultation covers the following matters:
- Network Rail’s cost of capital and cost of debt
- setting and updating regulatory asset base balances for CP7
- our policy on rebates of unused funds to governments
- grant dilution provisions in access charges
- opener provisions process (to vary the terms of our regulatory determination)
- management of financial risk
- Governments’ budgetary processes
- the Performance innovation fund
Last updated 1 June 2023 + show all updates
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Public feedback section updated.
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First published.
Update history
2023-11-09 15:03
Final outcome published.
2023-08-08 16:41
Update on feedback.
2023-06-01 14:17
Public feedback section updated.
2022-12-19 14:52
First published.