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- W658608766 abstract "This article describes the functions and work of Railtrack, which was set up to own and operate almost all of British railway infrastructure when British Rail was privatised. Railtrack was floated on the London Stock Exchange in May 1996. As a private company, Railtrack can plan and deliver long-term investment in railways, freed from the short-term focus characteristic of public expenditure controls. It will be judged not only by its financial performance but also by the quality of its service, its investment in the rail network, and its continued commitment to ensuring safety and efficiency for its customers and workers. Railtrack owns and manages about 16,000 route km, 2500 stations, 90 light maintenance depots, 40,000 bridges, viaducts and tunnels, and 9000 level crossings. It is responsible for the railways' overall safety. Railtrack contracts out the maintenance and renewal of its infrastructure, mainly to the Infrastructure Maintenance Companies and Track Renewal Companies. It must act in consultation with the Rail Regulator and Franchising Director. It has set up an extensive monitoring system to record train movements and estimate service reliability and punctuality. It will maintain and renew track, signalling, bridges, electrification, and control systems. It has various investment programmes." @default.
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- W658608766 title "RAILTRACK: FROM PUBLIC TO PRIVATE SECTOR" @default.
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