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Railways: Franchises

House of Lords written question – answered on 18th July 2013.

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Photo of Lord Bradshaw Lord Bradshaw Liberal Democrat

To ask Her Majesty’s Government whether in the forthcoming franchise competition for the East Coast Main Line they will set a reserve price below which no bid will be accepted; and what sanctions will apply should the successful franchise bidder fail to deliver its commitments.

Photo of Earl Attlee Earl Attlee Lords Spokesperson (Department for Transport), Lord in Waiting (HM Household) (Whip)

The franchise competition will consider a range of criteria which will be described in the Invitation to Tender documents. We will consider all bids for affordability and value-for-money as part of this assessment.

If a winning franchisee fails to deliver its commitments there will be a range of contractual mechanisms contained in the Franchise Agreement which may be applied.

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