ORR should be slimmed down...

摘要

What is the purpose of the Office of Rail and Road? At the Public Accounts Committee hearing on October 21, relating to the issues of Network Rail's cost overruns in the Control Period 2014-19, Network Rail, the Office of Rail and Road, and the Department for Transport all came in for a hammering. It focuses on 'who knew what when, and what did they do about it'? What did Richard Price, ORR chief executive, do about challenging Network Rail's cost estimates for the GW electrification, which nearly doubled in a year? In other words, were the ORR sleeping on the job or had they succumbed to regulatory capture by the company that it is supposed to regulate.