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R A I LT R AC K - The Railways Archive

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<strong>The</strong> Network Management Statement (NMS) is published annually by Railtrack PLC in accordance with Condition 7 of our Network Licence.<strong>The</strong> purpose of the Statement<br />

is to achieve a shared understanding among those involved in the industry of our plans for the management and enhancement of the network,particularly during the next<br />

Control Period from 2001–2006,and the criteria adopted to produce these plans,and to assist the Rail Regulator, train operating companies and industry-funding bodies to<br />

monitor the effectiveness of our plans.This Statement sets out our plans for the maintenance, renewal and enhancement of the network for a ten-year period,with greater<br />

detail for the first seven years of the programme. <strong>The</strong> Statement explains the processes of consultation we adopt with our industry partners – the passenger and fre i g h t<br />

o p e r a t o r s ,s u p p l i e r s , the Franchising Dire c t o r, Passenger Tr a n s p o rt Exe c u t i ve s ,local authorities and other bodies – to achieve this shared understanding.<strong>The</strong> form of the<br />

Statement,and the period it covers,have been approved by the Rail Regulator.<br />

<strong>The</strong> inclusion of any project or proposal in this Statement does not imply that it has formal investment approval by Railtrack.As plans are developed in detail,alternative<br />

proposals may be preferred.It should also be noted that any material change can be objected to by those affected by it under the track and station access agreements,and,<br />

in the event of disagreement over a proposed change, an appeal to the Rail Regulator may be necessar y.<br />

Our plans,set out in this Statement,particularly beyond 2001,are subject to the outcome of the Rail Regulator’s periodic review of access charges for the period 2001–2006.<br />

Unless otherwise stated,all costs quoted in this Statement are at 1998/99 prices,and have been rounded,but not more coarsely than to the nearest £10M.

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