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Written question asked by Tom Tugendhat (Conservative) on Wednesday, 2 December 2020, in the House of Commons. It was due for an answer on Monday, 7 December 2020. It was answered by Chris Heaton-Harris (Conservative) on Friday, 11 December 2020 on behalf of the Department for Transport.

Southeastern: Emergency Recovery Measures Agreements

Question

To ask the Secretary of State for Transport, what incentives are included within the Emergency Recovery Measures Agreement between his Department and Southeastern for good performance and punctuality; and how those incentives differ from the incentives for good performance and punctuality included within the first Emergency Measures Agreement signed between his Department and Southeastern in March 2020.

Answer

Under EMA’s, Operators will be paid a maximum of 2% of the cost base of the franchise before the COVID-19 pandemic began, with an element of the fee conditional on operators meeting performance, passenger experience and efficiency targets.

The Management Fee is a fixed periodic fee, and is payable at the end of the EMA whilst the Performance Fee covers the EMA Period, with fixed amounts based on an Operators performance, payable after a performance review has taken place.

Secondary information

Type
Written question
Reference
124232
Session
2019-21
Subjects
Southeastern (2006-21) Emergency recovery measures agreements
Link
View this Written question on www.parliament.uk