New arrangements for rail franchises

New arrangements for rail franchises have been announced today by the Department for Transport as the Emergency Measures Agreements, introduced to allow train services to continue running during the COVID-19 crisis, reached their expiry date. The new Emergency Recovery Measures Agreements will continue to see the revenue risk taken by the DfT, but the management fees will be reduced to a maximum of 1.5% of the cost base of each franchise at pre-pandemic levels.

The DfT has also announced that this new arrangements will be the stepping stone to a new model for rail delivery which will replace the franchise model which has been operating for the last 24 years.

Scroll to Top