In June 2003 the Strategic Rail Authority (SRA) announced that it would be terminating Connex South Eastern's franchise for passenger rail services in Kent, parts of Sussex and South East London. This report examines why the contract was terminated, how much the termination cost taxpayers, the impact on passengers and the impact on the rail industry and the government's approach to franchise management. It looks at the lessons that have been learnt and makes recommendations on ways to monitor the performance and viability of the train operating companies more closely.When negotiations started, the SRA and CSE had significantly different opening positions in terms of how to transfer the business, what would happen to ... Negotiations continued until 9 November 2003, the date SET took over the franchise.
|Title||:||The South Eastern Passenger Rail Franchise|
|Author||:||Great Britain. National Audit Office|
|Publisher||:||The Stationery Office - 2005-01-01|