When it comes to infrastructure spending on the railways, it’s the enhancement projects – new lines, stations, and capacity increases – that grab the limelight. But how much money is available for such schemes in Network Rail’s next five-year control period (CP6: 2019/20-2023/24) could depend on NR’s ability to bring down the costs of operations, maintenance and renewals. Having failed spectacularly to achieve the ORR’s efficiency targets for renewals...
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