East Coast Railway Line

(asked on 4th February 2015) - View Source

Question to the Department for Transport:

To ask Her Majesty’s Government, in the recently completed East Coast Main Line franchise competition, how much they have spent on (1) legal, and (2) financial, advice.


Answered by
Baroness Kramer Portrait
Baroness Kramer
Liberal Democrat Lords Spokesperson (Treasury and Economy)
This question was answered on 12th February 2015

The table below shows the total paid to external advisors for legal and financial advice to 30 January 2015 for the franchise competition (£-excluding VAT).

Advisors

Legal

Financial Advice

Total

1,196,957.24

1,250,538.00

As the Intercity East Coast franchise competition was the first competition to be run in full since the launch of the franchising programme in March 2013 some of these costs include advice on developing new policies and processes that will be of benefit in future franchise competitions.

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