https://www.cityam.com/rail-franchising-model-set-to-be-scrapped-in-coming-weeks/
Sounds like a GTR style "Management Contract".
An interesting point is that a "new public organisation" will be created to oversee everything. Would this be an end to the DfTs involvement or another overly complicated bureaucratic waste?
Boris Johnson is set to dramatically overhaul the nation’s rail network by scrapping the rail franchise model and capping profits by private providers.
Former British Airways boss Keith Williams was drafted to conduct a review of Britain’s railways last year, with the report set to be released in the coming weeks.
It’s now expected that it will recommend replacing the rail franchising model with a new system of awarding contracts, according to the Sunday Telegraph.
The new system would see franchises receive a set fee, with revenues collected by the government.
Under the current model, revenues are collected by franchisees with a cut given to the exchequer.
The overhaul is expected to be managed by a new public organisation, which will be in charge of awarding contracts and monitoring performance.
Williams’ review will also recommend changing the current ticket system to a “single leg” model, which would mean fares are based on a per-journey basis.
A Department for Transport spokesperson confirmed that the review’s findings would soon be released.
Sounds like a GTR style "Management Contract".
An interesting point is that a "new public organisation" will be created to oversee everything. Would this be an end to the DfTs involvement or another overly complicated bureaucratic waste?