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Author Topic: FGW Franchise  (Read 14516 times)
paul7575
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« Reply #15 on: June 21, 2011, 21:58:26 »

I think whoever gets the next Great western franchise would consider if they get a long enough franchise investing in brand new rolling stock, maybe ordering those 11, 4 carriage class 172's for the Cardiff - Portsmouth Hbr route.

The DfT» (Department for Transport - about) specify the rolling stock policy.  Unless it is a franchise spec requirement no prospective TOC (Train Operating Company) is ever going to voluntarily bring in new stock - it would automatically make their bid the most expensive...

Paul
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« Reply #16 on: June 21, 2011, 22:51:09 »

like the hst's that first purchased?....ok not new but similar principle
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paul7575
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« Reply #17 on: June 22, 2011, 16:13:47 »

like the hst's that first purchased?....ok not new but similar principle

Those HSTs (High Speed Train) are often quoted, but they don't create much of a precedent AFAICS (As Far As I Can See), because they were very much a one off opportunity while there was a surplus - there are not really any more (especially power cars) on the shelf.

A dozen or so new build four car DMUs (Diesel Multiple Unit) is a significantly different prospect, because finance for them would only be available if they were to have a guaranteed 30+ years of use somewhere.

Paul
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« Reply #18 on: June 22, 2011, 16:25:41 »

There is a whole new "politics" in the railway which is only just taking shape as such the GW (Great Western) could prove to be an interesting franchise, the DfT» (Department for Transport - about) will not want to pay the cost of electrification or the new trains so that will be wrapped up in the franchise, there is a risk / possibility of taking some if not all of the devolved NR» (Network Rail - home page) route under the wing of the franchise winner as a partner relationship or even TUPE (The Transfer of Undertakings (Protection of Employment) Regulations 2006.), the new NR CEO (Chief Executive Officer) has / is rewriting to the "rule book"

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paul7575
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« Reply #19 on: June 22, 2011, 16:58:20 »

The DfT» (Department for Transport - about) never do pay for new trains surely - they just guarantee their use on the Network (or an explicit part of it) over their expected book life. So in the case of IEP (Intercity Express Program / Project.) they'll have told Agility Trains that X number of diagrams per day will be needed on the GW (Great Western), and in due course the TOC (Train Operating Company) will have to be contracted through the franchise process to use that many diagrams, or else.

I don't think much will change really.  It's basically just what is happening already with the WCML (West Coast Main Line)'s new and existing Pendolinos after all.

Paul
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ChrisB
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« Reply #20 on: June 22, 2011, 18:13:26 »

I think the DfT» (Department for Transport - about) may well not be ready to issue the ITT (Invitation to Tender) in time to re-let the franchise in 2013. I think it may well suit them to delay until decisions on IEP (Intercity Express Program / Project.) and GW (Great Western) electrification is finally tied up & contracts at least tendered.

So, what happens in the interim?

How about a Management Contract?

FGW (First Great Western) could hardly refuse if asked by the DfT for a year or so, and possibly to the 'other' end date of 2016.

We'll find out by the end of the year, I guess. Which would be when the ITT would be due?
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JayMac
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« Reply #21 on: June 22, 2011, 18:31:05 »

How about a Management Contract?

Or Directly Operated Railways. They'll be looking for something to do once the ECML (East Coast Main Line) franchise is re-tendered....  Wink
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« Reply #22 on: June 22, 2011, 18:53:06 »

i mean basically its costing the industry more because roscos purchace new trains (they are normally banks!) and then they let the units out to the toc's.... no doubt at a nice little profit!, i find it amusing that the government will dish out student loans the majority of which doesnt actually go on living and studying (im sorry if your the exception to the rule and didnt go out binge drinking every night) and charge no interest.... but something which is vital to the daily running of the country such as the railways is set up so that banks can rob even more cash off us!
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ChrisB
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« Reply #23 on: June 22, 2011, 21:20:27 »

Consider all the money that UK (United Kingdom) plc hasn't got to build new trains though!

Oh, they DO charge intetest on student loans....
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« Reply #24 on: June 22, 2011, 21:50:42 »

i thought they were only charged interest once you earn a certain amount a year?, it doesnt really matter its going off topic but its interest free or very low rate
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bambam
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« Reply #25 on: June 23, 2011, 12:58:11 »

Northern have handled their franchise very well. It was meant to be a no growth franchise and some quarters thought it would shut down lines but in fact it has boosted use on many rural lines.

Here is just a handful of the achievmnets

-Punctuality - the number of trains on time - has risen from 83% in the year to December 2004, when Northern started, to 91.5% in the year to June 2010.

-The number of passengers travelling with Northern has risen by 34% in five years to 85.5 million - more than double the 33 million carried by British Airways!

-They have invested more than ^25m in improvements to train depots, stations, ticket retailing systems and other facilities that have a direct or indirect benefit to passengers.

-In addition, they have instigated and led partnerships to attract further investment of at least ^80m, some of it from outside the rail or transport industry. (This includes 36 extra 158s, not including centre cars for Blackpool-York)

This shows what a great franchise Northern is. Although it may still be not as good a standard as the others, it is best at improving it's network.

Also Merseyrail, run by the same people is also a top notch franchise, but thats largely due to the influence of Merseytravel.
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ChrisB
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« Reply #26 on: June 23, 2011, 13:36:43 »

I think they'd need to go in with someone with IC (Inter City) experience, bith if so, yes - why not?
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« Reply #27 on: June 23, 2011, 13:55:01 »

bambam, im glad that someone has came out and praised northern.... ok they ain't perfect but they do not deserve all the bad press they get! if you conceder the environment (rolling stock- network constraints) i think they do a great job!
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« Reply #28 on: June 23, 2011, 17:59:56 »

i thought they were only charged interest once you earn a certain amount a year?, it doesnt really matter its going off topic but its interest free or very low rate

Sorry for going OT, but just to correct this - Interest is accrued from day 1 regardless of salary.  You only repay (under current rules) when you hit ^15k salary.  Interest rate charged is lower of bank base rase+1% (so currently 1.5%), or March RPI (Revenue Protection Inspector (or Retail Price Index, depending on the context)) (unless RPI is negative when the interest rate is 0%).  So yes it's cheapest rate loan going as the theory is, you borrow ^10k, you will only pay back ^10k+inflation.
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« Reply #29 on: June 24, 2011, 23:27:44 »

Northern are a joke, they have stock that hasn't even had a heavy clean, let alone refurb since they took over, they've done their best to kill the 180's that they are "borrowing", they employ agency staff on mass to do basic things such as Revenue Protection, need I go on?
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