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Crossrail Track Access Option

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Crossrail Track Access Option Amended and restated on 2 September 2014 Dated 22nd September 2008 NETWORK RAIL INFRASTRUCTURE LIMITED and THE SECRETARY OF STATE FOR TRANSPORT TRACK ACCESS OPTION in connection with the Crossrail Project 319736 Table of Contents Contents Page 1 Interpretation ............................................................................................................................ 1 2 Network Code ......................................................................................................................... 22 3 Duration and Termination ..................................................................................................... 22 4 Standard of Performance ...................................................................................................... 23 5 Permission to Operate ........................................................................................................... 23 6 Service Introduction and Timetable Development ............................................................. 28 7 Access Agreements ............................................................................................................... 30 7A Supplemental Access Charge .............................................................................................. 37 8 Change Control ...................................................................................................................... 37 9 Liability .................................................................................................................................... 61 10 Restrictions on Claims .......................................................................................................... 63 11 Governing Law ....................................................................................................................... 65 12 Dispute Resolution ................................................................................................................ 65 13 Confidentiality ........................................................................................................................ 68 14 Freedom of Information ......................................................................................................... 71 15 Assignment and Novation ..................................................................................................... 73 16 Payments, Interest and VAT ................................................................................................. 74 17 Miscellaneous ......................................................................................................................... 76 Schedule 1 Contact Particulars ......................................................................................................... 83 Schedule 2 The Routes ....................................................................................................................... 85 Schedule 3 Collateral Agreements .................................................................................................... 87 Schedule 4 Engineering Access Statement, Timetable Planning Rules and Restrictions of Use ........................................................................................................................................... 88 Schedule 5 The Services and the Specified Equipment ................................................................. 89 Schedule 6 Events of Default and Termination ............................................................................. 106 Schedule 7 Track Charges ............................................................................................................... 110 Schedule 8 Performance Regime .................................................................................................... 118 Schedule 9 Limitations on Liability ................................................................................................. 119 i 319736 Schedule 10 Network Code Modifications ...................................................................................... 123 Schedule 11 Failure to use and Buy-Back ...................................................................................... 128 Appendix 1 Base Compensation Amounts .................................................................................... 141 Appendix 2 Option Right Weights ................................................................................................... 149 Schedule 12 Capability Testing and Development of the Performance Regime ........................ 151 Appendix 1 Indicative Timeline ....................................................................................................... 164 Schedule 13 First Crossrail Access Agreement ............................................................................ 165 Schedule 14 Forms of Notices ......................................................................................................... 166 ii 319736 This Access Option is made as a Deed the day of September 2008 between: (1) NETWORK RAIL INFRASTRUCTURE LIMITED, a company registered under the laws of England and Wales under number 2904587 having its registered office at Kings Place, 90 York Way, London N1 9AG (“Network Rail”); and (2) THE SECRETARY OF STATE FOR TRANSPORT of Great Minster House, 33 Horseferry Road, London SW1P 4DR (the “Optionholder”). Whereas: (A) Network Rail is the owner of the Network; (B) The Optionholder is promoting the Crossrail Bill and, given the large-scale and long-term investment associated with the Crossrail Project, wishes to secure an option to require Network Rail to grant permission to use its Network to enable one or more Crossrail TOCs to operate the Services on the Routes; (C) Network Rail has agreed to grant to the Optionholder an option to require Network Rail to grant permission to use its Network to enable one or more Crossrail TOCs to operate the Services on the Routes on the terms and conditions of this Access Option; (D) The ORR has approved the terms of this Access Option and Network Rail is entering into this Access Option with the Optionholder pursuant to directions given by the ORR under section 18 of the Act; and (E) This Access Option is intended to regulate the arrangements, and any associated liabilities, between the Parties in respect of the operational phase of the Crossrail Project. (F) The Parties acknowledge and agree that they will enter into and/or facilitate separate agreements which will regulate the arrangements, and any associated liabilities, between the Parties and the Crossrail TOC in respect of the construction phase and the initial operation of the Crossrail Project. It is agreed as follows: 1 Interpretation 1.1 Definitions 1.1.1 In this Access Option, unless the context otherwise requires: “Access Agreement” means: (a) any particular access contract, whether or not entered into pursuant to any directions of the ORR under the Act, incorporating the Network Code, but excluding this Access Option and any Crossrail Access Agreement; and (b) any BAA Access Agreement; “Access Agreement Rights” has the meaning given to it in Part A of Schedule 11 (Failure to use and Buy-Back); “access charges review” has the meaning given to it in paragraph 1(1) of schedule 4A to the Act; “Access Option” means this document including all Schedules to it; 1 319736 “Access Rights” means the rights, other than the Crossrail Access Rights, granted to any Operator to use certain track comprised in the Network, including the right to park or lay up any railway vehicles, pursuant to the terms of its Access Agreement with Network Rail; “Access Rights Assumptions” has the meaning given to it in Clause 8.6.1(ii); “Act” means the Railways Act 1993; “Adjacent Facility Owner” has the meaning given to it in Clause 7.1.1; “Affiliate” means, in relation to any company: (c) a company which is either a holding company or a subsidiary of such company; or (d) a company which is a subsidiary of a holding company of which such company is also a subsidiary, and, for these purposes, “holding company” and “subsidiary” have the meanings given to them in section 736 of the Companies Act 1985 and “company” includes the Optionholder; “Amended Model Assumptions” has the meaning given to it in Clause 8.1.9(i); “AM Peak” has the meaning given to it in Schedule 5 (The Services and the Specified Equipment); “Anticipated Objective Performance Measure” has the meaning given to it in Schedule 12 (Capability Testing and Development of the Performance Regime); “Applicable Engineering Access Statement” means the Engineering Access Statement in force in respect of the Routes on the Services Commencement Date, as from time to time amended or replaced under Part D of the Network Code; “Applicable Timetable Planning Rules” means the Timetable Planning Rules in force in respect of the Routes on the Services Commencement Date, as from time to time amended or replaced under Part D of the Network Code; “Assistance Notice” has the meaning given to it in Clause 5.8.1 (Request for Optionholder assistance); “associate” has the meaning given to it in section 17 of the Act; “Assumed Schemes” means the schemes included in the Initial Model Assumptions as agreed between the Parties as at the date of this Access Option, the intended Infrastructure Output Specification of each of which has been initialled by the Parties for the purposes of identification only; “Authorised Representatives” has the meaning given to it in Clause
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