Published date: 9 August 2022

This notice was replaced on 21 October 2022

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 21 October 2022)

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Contract summary

Industry

  • Financial consultancy services - 66171000

  • Business analysis consultancy services - 72221000

Location of contract

United Kingdom

Value of contract

£350,000

Procurement reference

ORR/CT/22-20

Published date

9 August 2022

Closing date

9 September 2022

Closing time

10am

Contract start date

10 October 2022

Contract end date

1 November 2023

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

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

More information

Attachments

About the buyer

Address

25 Cabot Square
London
E144QZ
England

Email

procurementteam@orr.gov.uk