Train Operating Company Contracts Debate
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Lord Anderson of Swansea
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Train Operating Company Contracts
Lord Anderson of Swansea Excerpts(8 months, 3 weeks ago)
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Lord Davies of Gower (Con)
My noble friend is absolutely right, and I quite agree with him. It is very annoying; I suffer from it myself when I travel on GWR. I really do not understand, technically, why we should not be able to do it. It is something I will perhaps take a personal look at when I go back to the department.
Lord Anderson of Swansea (Lab)
My Lords, how are the Government addressing that, fearing the non-renewal of their contracts, companies seek to find ways and means of reducing investments as they near the end of their contracts?
Lord Davies of Gower (Con)
My Lords, train operators are required to work to an annual business plan agreed with the department, allowing more agility for both parties to respond to change as it arises throughout the contract term. Train operators are incentivised to deliver for passengers by earning a fee based on their performance.