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      "text": "Some stakeholders have commented that the volume incentive is opaque and does not really have an impact on Network Rail's behaviour, and in addition the level of payment (even if reached) is too small to adequately incentivise the company",
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      "text": "Objective: VTAC is intended to cover NR's efficient cost of wear and tear caused by trains. The volume incentive is intended to provide an incentive on NR to accommodate additional train services.",
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      "text": "Issues: Some stakeholders have commented that the volume incentive is opaque and does not really have an impact on Network Rail's behaviour, and in addition the level of payment (even if reached) is too small to adequately incentivise the company.",
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      "text": "Method: NR receives a bonus payment for providing capacity growth beyond a baseline annual growth rate derived from the HLOS outputs and the freight route utilisation strategy. The payment is made at a specified rate for outperformance in each of four volume metrics: passenger train miles, percentage increase in passenger revenue, freight train miles, freight gross tonne miles. NR receives a lump sum cash payment at the beginning of the next control period for outperformance in this control period.",
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