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![]() Railhub Archive | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Strategic Rail AuthoritySouth Central franchise transferred - £1.5 billion investment boost moves into gear
GoVia is expected to assume operation of the London to South Coast franchise on Sunday 26th August. A series of major enhancements to boost capacity and improve service frequency and comfort, worth £1.5billion, are planned under a new 20 year deal being negotiated by the SRA. The change of operator follows a commercial agreement between GoVia and Connex Transport (UK) Ltd, on the remaining two years of the current franchise, which has run since May 1996. Commenting on the changeover, SRA Chief Executive Mike Grant, said: "This will be a first step towards future improvement for South Central's passengers, many of whom daily experience both overcrowding and old rolling stock on this intensively used and capacity constrained commuter network. Substantial improvements will come about during 2002 when 400 of the 1,000 planned new modern vehicles are expected to begin to replace slam door trains. "Negotiations will continue between the SRA and GoVia towards a new 20 year franchise agreement. A total sum of £1.5billion investment is planned for the franchise, including major track upgrades on the main line to Brighton and the Arun Valley line". Notes to Editors 1. The SRA announced Govia as the preferred counterparty for the South Central franchise on 24 October 2000. Confirmation of the award of the franchise and signing of the new franchise agreement was subject to negotiations between the company and incumbent operator Connex Transport UK Limited, on terms for the transfer of the remaining period of the current, seven year, franchise. 2. The acquisition of Connex South Central Limited by Govia Limited was agreed on 29 May 2001 and confirmed by Govia in a statement on 30 May 2001. 3. Details of GoVia's plans for South Central can be found in the SRA news release issued on 24 October 2000. 4. Govia, is a subsidiary of the Go - Ahead Group PLC, operated in consortium with Keolis SA. The company also operates the Thameslink Rail franchise.
Railhub Archive ::: 2001-08-24 SRA-001 | ![]() ![]() Monday![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() 145 stories ![]() ![]()
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