# PR23 recalibration of the Network Rail passenger Schedule 8 regime

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [OFFICE OF RAIL AND ROAD](/buyers/office-of-rail-and-road/contract-awards)
- Contract winner: [OVE ARUP & PARTNERS LIMITED](/contract-winners/ove-arup-partners/public-sector-contract-awards)
- Award value: £320,235
- Tender value: £350,000
- Award date: 17 October 2022
- Published: 21 October 2022
- Contract start: 17 October 2022
- Contract end: 27 November 2023
- Stage: awarded
- Procurement category: services
- Notice ID: 6188a03b-5313-4555-b742-b6d170603dca-582818
- OCID: ocds-b5fd17-92164134-0817-4e47-9704-d67170ccc4b2

## Description

The Office of Rail and Road \(ORR\) is currently carrying out its 2023 Periodic Review of Network Rail \(PR23\)\. This will set the outputs and funding for Network Rail for Control Period 7 \(CP7\) which will run from 1st April 2024 to 31st March 2029\. As part of this process, ORR is reviewing the Schedule 8 regime\. Schedule 8 is the industry performance regime, which incentivises Network Rail and train operators for fluctuations in train performance from pre-determined benchmarks, and in so doing provides financial protection to operators against unplanned disruption\. ORR's work on Schedule 8 is part of the 'charges and incentives' pillar of PR23 and is being led by ORR's Rail Economics team\. This ITT for the recalibration of the passenger Schedule 8 regime and covers the following work: •Network Rail Benchmarks •Train Operator Benchmarks •Network Rail Payment Rates •Train Operator Payment Rates •Sustained Poor Performance thresholds

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/6188a03b-5313-4555-b742-b6d170603dca-582818)