There is no justification for this reason: « It is important that we be able to publish the Avanti West Coast franchise agreement in the manner, form and time of our choosing. » Can I have a copy of the Avanti West Coast Franchise Agreement? I can`t find it related here (or anywhere else on gov.uk): 3. SRA`s position is that of strategic specific service requirements, with Network Rail and franchised operators as suppliers according to our specifications. This clarity and certainty of roles and responsibilities will make it easier for FTEs to use other means that may be available to them. The total exposure to the guarantees for the enforcement of rights in matters relating to matters and the support of the parent company have already been disclosed in the accounts. Existing franchise agreements therefore end at the end of the ERMA term for SWR and Avanti. The termination amount agreement significantly reduces the overall financial risk within the First Rail franchise portfolio. 5. The agreement includes ongoing measures to improve punctuality and ensures the implementation of the programme to replace all slammed door trains on the South-East connected lines. As indicated in the reply – Can you provide a link to the edited copy of the franchise agreement concluded between First Trenitalia and the DfT. 1 This note describes the context and purpose of the interim agreement between SRA and Virgin Rail Group, which was announced on the stock exchange on Monday 22 July 2002. At the time, it was expected that high-speed traffic in the first phase of HS2 would begin in 2026. The new franchise was originally scheduled to launch in September 2019 and initially operate seven years of WCML services until 2026, followed by five years as an integrated operator for WCML and HS2 (until 2031) – with the possibility for the Secretary of State to extend the term up to three years (until 2034).   Schedule 5.2a has been amended in the Franchise Agreement and a new clause 5.2(c) has been added.
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. As mentioned earlier, the ERMA required rail operators and the DfT to agree on whether a payment is required to terminate existing franchise agreements and, if so, how much, based on a pre-coronavirus financial model. 2. The agreement announced with Connexand on 11 December 2002 provides for an additional franchise payment of GBP 58 million in order to stabilise the deductible at a loss in 2003 and to start negotiations on an amended agreement on the operation of connex services by the end of 2006. Their franchise would then expire and be replaced by an All Kent franchise to include high-speed domestic flights on the Channel Tunnel rail link to St Pancras, for which we intend to launch a competition in 2004. Commenting on the announcement, Matthew Gregory, Chief Executive Officer of FirstGroup, said: « We welcome this agreement, which represents a further development of the contractual framework for our rail operating companies SWR and Avanti, both in the context of providing resilient services during the coronavirus pandemic and in the context of a more sustainable long-term approach.