From Rail User Express, the newsletter of
Railfuture, dated 16th December 2012:
The Office of Rail Regulation is seeking views on a range of detailed issues relating to Schedules 4 and 8 ^ the compensation train operators receive for the financial impact of planned and unplanned rail service disruption attributable to Network Rail or other train operators. Schedule 4 compensates train operators for the impact of planned service disruption, and Schedule 8 compensates train operators for the impact of unplanned service disruption. Compensation is intended to cover fare revenue losses or costs, such as those associated with running replacement buses. It is important that Network Rail and train operators are incentivised to work in the best interests of passengers and customers by avoiding disruption. The closing date for comments is 28 Jan 2013.
Also to note - RAIL, current edition - suggestion is perhaps to remove cap which would hit heritage operators.
http://www.rail-reg.gov.uk/pr13/consultations/possessions-and-performance-regimes.php