To ask the Secretary of State for Transport what the estimated level of (a) public subsidy, (b) premium payments and (c) revenue support will be during the contract extension to September 2014 agreed between his Department and c2c Rail Ltd for rail passenger services on the Essex Thameside line.
[Official Report, 3 June 2013, Vol. 563, c. 975W.]
Letter of correction from Simon Burns:
An error has been identified in the written answer given to the hon. Member for Islington North (Jeremy Corbyn) on 3 June 2013.
The full answer given was as follows:
Contracted subsidy for the interim franchise agreement is c.£2.4 million. A profit share mechanism in place, which will capture any outperformance in revenue, thereby lowering subsidy requirement. Subsidy and premium payments are published regularly on the Office of Rail Regulation website.
The correct answer should have been:
Contracted subsidy for the interim franchise agreement is c.£1.7 million. A profit share mechanism in place, which will capture any outperformance in revenue, thereby lowering subsidy requirement. Subsidy and premium payments are published regularly on the Office of Rail Regulation website.
To ask the Secretary of State for Transport what the total value is of the contract extension to September 2014 agreed between his Department and c2c Rail Ltd for rail passenger services on the Essex Thameside line.
[Official Report, 5 June 2013, Vol. 563, c. 1198W.]
Letter of correction from Simon Burns:
An error has been identified in the written answer given to the hon. Member for Islington North (Jeremy Corbyn) on 5 June 2013.
The full answer given was as follows:
Contracted subsidy for the interim franchise agreement is c.£2.4 million. A profit share mechanism is in place, which will capture any outperformance in revenue, thereby lowering subsidy requirement. Subsidy and premium payments are published regularly on the Office of Rail Regulation website.
The correct answer should have been:
Contracted subsidy for the interim franchise agreement is c.£1.7 million. A profit share mechanism is in place, which will capture any outperformance in revenue, thereby lowering subsidy requirement. Subsidy and premium payments are published regularly on the Office of Rail Regulation website.