The Economist on the Overground
On 05/10/2013 15:33, Roland Perry wrote:
In message
, at 09:27:00 on Sat, 5 Oct 2013, Recliner
remarked:
Unlike other rail services in Britain the line is run on a concession
service, rather than under a complex franchise structure. This means
TfL taking some of the financial risk of running the line, giving them
an incentive to make sure it works well.
Unless so failing that they fall into cap-and-collar, why is this any
different to a classic franchise?
Depends how far it goes, but a concession can be about just running the
required trains to meet performance targets (which contractors are good
at), rather than trying to second-guess government transport, fares and
economic policy over a multi-year period (which they aren't good at).
--
Arthur Figgis Surrey, UK
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