How Long to Read Regulating Network Rail's efficiency

How Long Does it Take to Read Regulating Network Rail's efficiency?

It takes the average reader and 40 minutes to read Regulating Network Rail's efficiency by Great Britain: National Audit Office

Assuming a reading speed of 250 words per minute. Learn more

Description

Limitations in Network Rail's information on its own costs are hampering the ability of the Office of Rail Regulation (the Regulator) to judge the genuineness of the efficiency savings reported by Network Rail. This report acknowledges that the Regulator has significantly developed the methods it uses to judge efficiency. Its targets have demanded substantial improvements from Network Rail. Network Rail has made efficiency savings of 27 per cent in the five years to 2008-09, equivalent to £1.8 billion in that final year. This was below the Regulator's target of 31 per cent, although this was still an achievement when compared to savings in other regulated industries. The Regulator has determined that substantial scope remains for Network Rail to improve its efficiency, estimating that maintenance and renewal activities were 34 per cent to 40 per cent less efficient than the most efficient European rail infrastructure managers in 2008. The Regulator estimates that Network Rail can achieve further efficiency savings of 21 per cent in the five years to March 2014 - equivalent to spending £940 million less in 2013-14 than the forecast for that year without efficiency gains. However, there are continuing limitations in the robustness and coverage of Network Rail's unit cost information. These need to be addressed promptly to improve confidence that future efficiency targets accurately reflect Network Rail's potential for sustainable savings, as the efficiency gap narrows, and that reported savings correctly reflect efficiency gains actually achieved.

How long is Regulating Network Rail's efficiency?

Regulating Network Rail's efficiency by Great Britain: National Audit Office is 40 pages long, and a total of 10,000 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Regulating Network Rail's efficiency Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 54 minutes to read Regulating Network Rail's efficiency aloud.

What Reading Level is Regulating Network Rail's efficiency?

Regulating Network Rail's efficiency is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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