Rail industry comes together for the launch SPEED Partnership

Rail industry comes together for the launch SPEED Partnership

SPEED, which stands for SPEED (Swift, Pragmatic and Efficient Enhancement Delivery) has two core principles at its heart – to halve the time and slash the cost of project delivery, helping Network Rail and suppliers work together to provide a better service for passengers and freight users.​

 

Started in June 2020, the SPEED initiative was introduced as part of the government’s Covid-19 recovery plan. Eleven cost cutting themes were identified via peer reviews and challenge panels, they are:

 

  • Planning and consents
  • Assurance
  • Governance
  • PACE/GRIP
  • Timetabling
  • Railway Interoperability Regulations (RIR)
  • Standards Challenge
  • Procurement strategy
  • Access and possession
  • Capability and Culture

 

The event gave suppliers the opportunity to understand more on the ambition to build on rail’s SPEED programme, by deepening supplier involvement, and creating an opportunity of cross industry collaboration involving Network Rail, suppliers and other rail stakeholders, in a bid to challenge inefficiency and deliver better outcomes for all.

 

In addition to hearing from a wide range of speakers, attendees took part in a series of workshops, where they had the opportunity to feeding in ideas on what they see as the barriers to saving time and money. This feedback will now be developed in further work by the new partnership to identify tangible improvements.

 

The launch was hosted jointly by RIA and the Network Rail Investment Centre of Excellence, with David Clarke, technical director at RIA, and Mike Wright, programme director at the Rail Investment Centre of Excellence, leading the attendees through the day.

 

Network Rail representative Rob McIntosh, commented: “Rail SPEED has already had a significant impact in streamlining the client activity in developing investment projects and renewals. We are already seeing practical examples of a new and better way of working, which is driving improvements in the cost and delivery timescales of our projects. This is very welcome news for passengers, taxpayers and government and demonstrates our commitment to being good custodians of the public purse.  The opportunity and necessity now is to engage with the wider supply chain to bring in their knowledge and expertise and so I thank all those who contributed today and look forward to building an ongoing and deeper collaboration with suppliers.”

 

David Clarke, technical director at RIA, commented: “I am sure all of Network Rail’s suppliers will join me in welcoming this important next step towards in delivering on Rail SPEED. Suppliers of all sizes have huge expertise and innovative ideas which can be brought to bear on this challenge and so it hugely encouraging to see Network Rail actively reaching out to the supply chain and seeking to establish an ongoing cross industry collaboration. RIA is delighted to support this important initiative as it is vital for the health of the whole rail industry that we deliver as efficiently as possible”

 

Read more here

Please rate

Comments 

Name
Email
  Ctrl + Enter

Most Read

HS2’s longest tunnels reach halfway point under the Chilterns

HS2’s longest tunnels reach halfway point under the Chilterns

HS2 Ltd says that ‘Florence’ and ‘Cecilia’, the two giant tunnelling machines excavating the high speed rail project’s longest tunnels, have passed the halfway point on their 10 mile journey under the Chilterns.   The enormous 2,000 tonne machines have spent the

CP7 projects announced for Wales & Western region

CP7 projects announced for Wales & Western region

Network Rail has announced AmcoGiffen, Octavius, BAM Nuttall, Morgan Sindall Infrastructure, and Taylor Woodrow will be among their trusted suppliers involved in delivering Wales and Western region’s £2bn programme of works over the next eight years.   The six contracts play a

Anglian Water advances 68km water main plan

Anglian Water advances 68km water main plan

Hundreds of kilometres of new interconnecting pipelines – stretching from North Lincolnshire, through Cambridgeshire, to Suffolk and Essex – will be laid as part of the scheme.   The Bury St Edmunds to Colchester pipeline will run for 68km and includes new above-ground assets in

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.