West Coast Rail Franchise Agreement

It has also been agreed to a termination amount for DEN SWR, which requires an additional contribution from FirstGroup of GBP 33.2 million. This corresponds to the Group`s share of the parent company`s support and the additional financing commitments under the franchise agreement, less the amounts already paid to the operating company that will be paid at the end of the ERMA term. First, discussions to end the TransPennine Express franchise in the same way are expected to be completed by the end of January, while the Great Western Railway`s ERMA has already been extended until June 2021. In November 2016, the Department of Transport (DfT) announced that the InterCity West Coast franchise will be replaced by the West Coast Partnership, which will operate express services on the West Coast Main Line (WCML) and High Speed 2 (HS2). Nothing prevents you from releasing the contract at the same time as responding to my request: “The first publication of the Avanti West Coast franchise agreement on the Ministry`s website allows anyone to see it at the same time and provide a clear and consistent approach.” A copy of the franchise agreement between “First-Trenitalia” and the “Ministry of Transport” with information and names that will be withed out if necessary. The West Coast Partnership (WCP) is a railway company in the United Kingdom for passenger trains on the West Coast Main Line (and its branches) between London Euston, the West Midlands, Shropshire, North Wales, Liverpool, Manchester, Carlisle, Edinburgh and Glasgow. It was founded in December 2019 and is currently operated by Avanti West Coast. The contracts were no longer concluded as conventional rail franchisees in March this year, when all franchisees in England were offered the first phase of the emergency measures agreements, under which the commercial risk was assumed by the Department for Transport. These EMS were replaced by the current ERMA in September, when performance requirements were tightened and fees payable to operators were reduced by 25%. FirstGroup plc has agreed with the Ministry of Transport on next steps for the South Western Railway and West Coast Partnership rail operators, which include Avanti West Coast and HS2`s shadow operator (collectively Avanti).

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