2 ms·
What is actually changing here? The article says GBR will be responsible for ticketing, prices and schedules, which makes sense that you can buy a ticket for an
by jabl 5y ago
What is actually changing here? The article says GBR will be responsible for ticketing, prices and schedules, which makes sense that you can buy a ticket for anywhere on the rail system regardless of which company happens to operate which line at whichever moment.
What I don' understand, is that the article says that the 'government has ended rail franchising', which AFAIU was the process where private companies bid to handle certain routes. Now this is to be replaced with 'concessions', which AFAIU is a bidding process where private companies bid to operate certain routes. What's the difference?
- dua2020 5y agoA concession means the private company operates the railway for a set fee and a set operational standard, the state owner will retain ticket revenue (and risk). This is how the London Overground concession works. A franchise basically gives all operation responsibilities and ticket revenue to the private operator, in return, the private operator gives a lump sum bid for the contract at the beginning.