Railways: Franchises
(asked on 4th June 2019) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what role his Department has in assessing the awarding of rail franchise tenders.
This question was answered on 6th June 2019
HM Treasury approval is sought at interim stages of rail franchise competitions to provide the necessary assurances that any award remains affordable and value for money.