2015 Report details for project: Rail Franchising Programme

Project name: Rail Franchising Programme - there are 5 reports for this project: 2015, 2016, 2017, 2018, 2019
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Organisation: DFT (D9) - see all reports for this organisation
Report year: 2015 (data is from Sept 2014)
Category: Infrastructure - see all reports for this category
Description: A major programme to secure the provision of passenger rail services as set out under the Railways Act 1993 (as amended). The Department seeks to appoint franchisees who will work in the context of partnership to support its aim of providing world class train services that drive economic growth, exceed passenger expectations and deliver sustainable value for money for passengers and taxpayers. Franchises are to be let on a rolling programme that will cover all passenger franchises let by Government to 2021.
DCA (RAG): Amber
DCA text: Since the autumn, a new Prior Information Notice and an updated schedule for the programme have been published on the gov.uk website; two franchises have been awarded; programme vacancies have been significantly reduced. Further, we have reduced recruitment turn around time by agreeing a single Efficiency and Reform Group approval that delegates procurement, award and extension of advisor approvals to the programme Senior Responsible Owner. Significant progress has been made specifically, the role of a formal programme director has now be created and has been recruited into. Formal risk reporting processes are in place and detailed bid evaluation plans have been produced for live projects.
Start date: 2013-03-26
End date: 2022-12-31
Schedule text: The programme is on schedule.
Baseline: £-2.60m
Forecast: £3.30m
Variance: -226.90%
Variance text: The return for 2014-15 relates solely to the East Coast franchise where the successful franchise award at the end of 2014 provided a higher franchise premium than budget.
Whole Life Cost: £134.20m
WLCost text: The improvement on budget across the period of this return reflects the substantially higher than budgeted franchise premium contracted under the East Coast award towards the end of 2014. Offsetting this, it is expected that there will be slightly higher than expected costs in the forthcoming re-lets of the Northern and TPE franchises.
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Sourcefile: IPA_2015.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.