April 2011
Limitations in Network Rail’s information on its own costs are hampering the ability of the Office of Rail Regulation to judge the genuineness of the efficiency savings reported by Network Rail. The Regulator has also determined that substantial scope remains for Network Rail to improve its efficiency.
Today’s report by the National Audit Office acknowledges that the Regulator has significantly developed the methods it uses to judge efficiency. Its targets have demanded substantial improvements from Network Rail. According to the Regulator’s assessments, Network Rail has come close to meeting these targets, by making efficiency savings of 27 per cent in the five years to 2008-09, equivalent to £1.8 billion in that final year. This was below the Regulator’s target of 31 per cent, although this was still an achievement when compared to savings in other regulated industries.
Bajar documento
URL
No comments:
Post a Comment