Wednesday 15 July 2009

Wind-up in the Willows #2

Telegrammed by Leo Pink
More brown trouser laundering by Moley.

"The hon. Member for Peterborough asserted that other operators have received revenue support sooner than four years into the franchise.

"It is true that the First Great Western franchise included a provision whereby revenue support became available after two years, but that was an exceptional arrangement
."

So DfT never renegotiates franchise - except when DfT got the franchise specification wrong and First Group have us over a barrel in which case it is an 'exceptional arrangement'.