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Author Topic: Rail Value for Money Study Interim Report Published  (Read 1932 times)
Lee
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« on: December 08, 2010, 10:49:43 »

Apologies if this has appeared elsewhere, but I thought it might be of interest:

Press Release - http://nds.coi.gov.uk/clientmicrosite/Content/Detail.aspx?ClientId=202&NewsAreaId=2&ReleaseID=416943&SubjectId=36

Report - http://www.dft.gov.uk/pgr/rail/strategyfinance/vfminterimreport/pdf/interimreport.pdf

Press release is also interesting for confirming that the Greater Western franchise will be retendered "for at least 15 years".
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« Reply #1 on: December 08, 2010, 22:23:24 »

I see that Virgin have announced that the intend to bid for the new West Coast franchise:
http://mediaroom.virgintrains.co.uk/2010/12/virgin-rail-group-welcomes-todays-west.html

I have a feeling that the GW (Great Western) franchise will come up for renewal in 2013 saving First having to pay the last three year's high premiums. Probably do some sort of deal with Dft to 'walk away' allowing Dft to introduce a bolder and longer franchise but with First still allowed to bid despite not taking up the final three years of the current franchise. Remember First have that trump card up their sleeve in the form of five HST (High Speed Train) sets.
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