Rail 2014 - Public Consultation

Rail 2014 - Public Consultation

Rail 2014 - Public Consultation

Annex A - Glossary

Association of Train Operating Companies (ATOC) Industry organisation which represents the collective interests of the train companies which operate rail passenger services in GB
Consumer Price Index (CPI) Measures changes in the price level of consumer goods and services purchased by households
Control Period A set five-year period in which Network Rail has to deliver certain outputs
Department for Transport (DfT) The UK Government Department responsible for managing those rail franchises operating in England and Wales
Fares basket Selection of pricing options allowing operators the flexibility to vary fares within regulated limits
First ScotRail A subsidiary company of FirstGroup plc which currently operates as the ScotRail franchise
Franchise Agreement Contract between government and a train operating company for the delivery of rail passenger services
Franchisee The train operating company who provides passenger rail services in accordance with the current franchise agreement
Freight Operating Company (FOC) Companies responsible for the transportation of goods on the rail network
Glasgow Subway The underground railway owned and managed by Strathclyde Partnership for Transport. (Issues relating to the Glasgow Subway are not covered by this consultation).
Gross Domestic Product (GDP) The market value of all goods and services produced within a country
High Level Output Specification (HLOS) The strategic document which states what the Scottish Government requires Network Rail to deliver in a control period.
Infrastructure Investment Plan (IIP) Report which the Scottish Government's expenditure on infrastructure.
Initial Industry Plan (IIP) Document published by Network Rail and industry partners, representing industry's view on the next High Level Output Specification.
Interchange stations Train station serving more than one route, allowing passengers to change from one route to another
National Passenger Survey (NPS) Bi-annual survey of passenger views carried out across GB by Passenger Focus
Network Rail (NR) The owner and operator of the rail infrastructure in Great Britain
Off-peak The time of day which is not covered by the peak periods
Office of Rail Regulation (ORR) The economic and safety regulator for GB railways
ORCATS (Operational Research Computerised Allocation of Tickets to Services) A system designed to allocate ticket revenue when a ticket or journey involves trains operated by multiple TOCs.
Outputs (Network Rail) Network Rail performance achievements
Passenger Focus (Rail Passengers' Council) An executive non-departmental public body set up to protect the interests ofpassengers. It is sponsored by the Department for Transport
Parent Company Guarantee Guarantee to address financial risk
Peak periods Those times of the day when the majority of commuters use the rail system. There are different peak periods in different parts of Scotland
Performance Bonds Financial guarantee from the franchisee
Performance Incentive Payments A system of payments to encourage achievement
Public performance measure An assessment of the percentage of planned trains that are neither cancelled nor late
Rail passenger service operators Companies which provide train and station services, usually through franchises
Regulated fares Train fares for which Scottish Ministers set the rules on fare pricing
Retail Price Index A measure of inflation, published monthly, by the Office of National Statistics
Rolling stock The trains: both electric and diesel
Rolling Stock Leasing Company (ROSCOs) The companies that own the trains which are then leased by Train Operating Companies
ScotRail The brand name used for Scottish rail services operated by the ScotRail franchisee
SMART ticketing Integrated transport ticketing across modes and operators
Specification (franchise) How we set out what is required from the company running the franchise
SQUIRE (Service Quality Inspection Regime) A monitoring and audit process to determine the franchisee's performance in maintaining train and station facilities
Track access charges The levy placed upon train and freight operating companies to access specific routes on the GB rail network
Traction electricity costs Electricity used for powering trains
Train Operating Company (TOC) Companies which have a licence to run rail passenger trains
Transport Scotland The national transport agency of Scotland accountable to the Scottish Ministers
Sustainable Rail Programme Cross-industry group set up to tackle sustainable development issues
Unregulated fares Fares levied by the train operating company which are not regulated by government