Abellio-owned Greater Anglia and West Midlands Trains have become the latest operators to agree new National Rail Contracts with the Department for Transport.
The new contracts began on September 19, following the expiry of the 12-month Emergency Recovery Measures Agreements that were put in place due to the pandemic.
RAIL understands that the contracts will run until 2026. They are designed to provide an interim arrangement until new Passenger Service Contracts can be introduced as part of the Williams-Shapps Plan for Rail.
Instead of taking revenue risk, both operators will be paid a 1.5% management fee for operating rail services plus additional fees linked to performance using various customer-focused metrics.
Read more in RAIL 941
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