Question reference: S6W-17562
- Asked by: Richard Leonard, MSP for Central Scotland, Scottish Labour
- Date lodged: 27 April 2023 Registered interest
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Current status: Answered by Kevin Stewart on 11 May 2023
Question
To ask the Scottish Government whether an impact or risk assessment has been undertaken of any potential effect of continued high inflation on the delivery of (a) outstanding Control Period 6 (CP6) projects and (b) future Control Period 7 (CP7) commitments on Scotland’s railways.
Answer
The risk assessment in relation to inflation on the delivery of the remainder of Control Period 6 (April 2019 – March 2024) and for Control Period 7 (April 2024 – March 2029) is reflected in the draft forecasts presented by Network Rail and the amount of risk funding allocated to it.
The impact or risk of inflation in Control Period 6 continues to be monitored by Network Rail and reported to Transport Scotland as part of the normal four weekly monitoring process.
As for Control Period 7, the potential impact of inflation is being considered by Network Rail in their planning for Control Period 7 via the ongoing Periodic Review 2023 process. This will be assessed and regulated by the Office of Rail and Road and be reflected in their final determination for CP7.