PARLIAMENTARY WRITTEN QUESTION
Network Rail (2 July 2015)
Question Asked
To ask the Secretary of State for Transport, what the current gap is between Network Rail's Control Period 5 funding and the company's expected total outlay during that Control Period.
Asked by:
Lilian Greenwood (Labour)
Asked by:
Lilian Greenwood (Labour)
Answer
The Office of Rail and Road’s Final Determination set Network Rail’s total spend at £38bn in Control Period 5 (2014-2019). This covers operations, maintenance, renewals and enhancements to the rail network. Of that determination, around £12bn was allocated to enhancements / investment programme.
I have commissioned Sir Peter Hendy to re-plan the enhancements programme so that delivery in Control Period 5 stays within the original budget allocation.
Answered by:
Lord McLoughlin (Conservative)
7 July 2015
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