Franchising and refranchising of passenger rail services in Britain
J Preston - Transportation Research Record, 2001 - journals.sagepub.com
The franchising of passenger rail services in Great Britain that occurred in 1996–1997 and
the refranchising of these services are under review. The initial impact of franchising has
been broadly beneficial and demand is rising, whereas the costs to government are
declining. However, important issues relating to service performance, customer satisfaction,
and investment in rolling stock have emerged. Refranchising is designed to address these
problems and is under way. The franchising and the refranchising processes appear to have …
the refranchising of these services are under review. The initial impact of franchising has
been broadly beneficial and demand is rising, whereas the costs to government are
declining. However, important issues relating to service performance, customer satisfaction,
and investment in rolling stock have emerged. Refranchising is designed to address these
problems and is under way. The franchising and the refranchising processes appear to have …
The franchising of passenger rail services in Britain
J Preston, G Whelan, C Nash… - International Review of …, 2000 - Taylor & Francis
Following the 1993 Railways Act, British Rail's passenger business was spilt into 25 train
operating units, which have been privatised by a process of franchising. This paper will
review the franchising experience to date. First, the results of 38 in-depth interviews with
potential bidders for the passenger businesses will be described. Secondly, a hypothetical
bidding game, based on a series of Stated Preference experiments undertaken by our
sample of potential bidders, will be described. A model has been established which …
operating units, which have been privatised by a process of franchising. This paper will
review the franchising experience to date. First, the results of 38 in-depth interviews with
potential bidders for the passenger businesses will be described. Secondly, a hypothetical
bidding game, based on a series of Stated Preference experiments undertaken by our
sample of potential bidders, will be described. A model has been established which …