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2006 Price Control
In June 2005 Postcomm published their "2006 Royal Mail Price and Service Quality Review - Initial Proposals" on their website. Postcomm sought stakeholders' views on the document; Royal Mail's response, published in September 2005 is copied below.
The main body of the response comprises 2 sections: Chapters 1 to 5, and Chapters 6 to 13, supplemented by a number of annexes.
Main document:
 2006 Initial Proposals response - Chapters 1 - 5
 (PDF - 943Kb)
2006 Initial Proposals response - Chapters 6 - 13
(PDF - 1.71Mb)
Annexes:
01 - Determining the scope of Royal Mail's price control
(PDF - 247Kb)
02 - This document contains commercially sensitive information.
03 - This document contains commercially sensitive information.
04 - Access and Price Control in the Postal Sector
(PDF - 222Kb)
05 - Equi-proportional mark-ups - regulatory precedent (PDF - 225Kb)
06 - Pricing and Welfare Implications of Alternative Approaches to Setting Price Controls in the Postal Sector
(PDF - 300Kb)
07 - Structure of the Control - Lessons from BT's price controls (PDF - 237Kb)
08 - How could Royal Mail undertake class costing
(PDF - 361Kb)
09 - Royal Mail's costing system in the context of class costing (PDF - 97Kb)
10 - Establishing Non-Uniform Access Prices in the UK (PDF - 370Kb)
11 - The Valuation of Royal Mail (PDF - 116Kb)
12 - This document contains commercially sensitive information.
13 - Estimates of the intangible value (PDF - 142Kb)
14 - Estimating the Greenfield investment required to set up a universal postal service in the UK (PDF - 348Kb)
15 - Regulatory precedents for setting service quality incentices - financial levers (PDF - 296Kb)
The following document gives details of research by Accent and RAND Europe that examines customers' willingness to pay for different levels of quality of service for ten key Royal Mail products.
16 - Pricing quality of service (PDF - 976Kb)
17 - Royal Mail Service Standards Penalty and Reward Regime (PDF - 140Kb)
18 - Response to Frontier Economics' paper on volumes (PDF - 427Kb)
19 - Joint response to Frontier Economics' forecasting methodology (PDF - 271Kb)
In September 2004 Postcomm released their "Consultation on Principles" document for Royal Mail's 2006 Price and Service Quality Review. Postcomm sought stakeholders' views on the document; Royal Mail's response, published in December 2004, is copied below.
2006 Royal Mail Price and Service Quality Review - Royal Mail's Response (PDF - 1474Kb)
2003 Price Control
Following the acceptance by Royal Mail of the price control, the modified licence requires that by 5 April 2003, that Royal Mail publishes the price range of each weight step of its "Controlled Services" products - it has been agreed with Postcomm that this would be via internet.
Application of Licence Condition 19 - Price Range - August 2003 (PDF - 391Kb)
Royal Mail's response to Postcomm's November 2001 consultation document - 15 February 2002
Price Control Review - Consultation Document (PDF - 226Kb)
Response to Postcomm's Consultation Document "Review of Price and Service Quality Regulation - Proposal for a Price Control" - 2 October 2002 (PDF - 1.6Mb)
Response to Postcomm's Consultation Document "Review of Price and Service Quality Regulation - Proposal for a Price Control" - Appendices - 2 October 2002 (PDF - 1.4Mb)
Royal Mail's response to WS Atkins Efficiency Report (PDF - 1.7Mb)
The following six papers were prepared in support of our original price control. They were submitted formally to Postcomm on 18 July 2002.
The Performance of the UK Inland Mails business (PDF - 464Kb)
The Impact of Liberalisation on Efficiency: A Survey - A report prepared for Postcomm by Frontier, January 2002 (PDF - 384Kb)
Allowed Profit: Cost of Capital for the UK Inland Mails Business (PDF - 388Kb)
Allowed Profit: Regulatory Asset Base - for the UK Inland Mails business (PDF - 213Kb)
Volume Risk I: Forecast Errors - for the UK Mails Business (PDF - 299Kb)
Volume Risk II: Cream-skimming Entry for the UK Inland Mails business (PDF - 214Kb) |
