United Kingdom

Details

  • Industry: Transport
  • Type: Press release
  • Date: 06/12/2012

West Coast Franchise: DfT needs to quickly restart tendering process 

 

Commenting on today’s announcement from the DfT to award the extension of the West Coast Franchise to Virgin and Stagecoach Group, Dr. Ashley Steel, KPMG’s global chair for transport said:

 

“Given the postponement of the tender processes for the West Coast, Great Western, Thameslink and Essex Thameside contracts, the news to extend the West Coast franchise to Virgin and Stagecoach was the only sensible option DfT had given the short time available before the existing contract expiry.

 

“It is vital that the DfT now regroups, takes on board the recommendations of the Brown review, due at the end of December, and quickly restarts the tendering process. What the sector needs are solutions to allow full participation of operators in order to maintain the benefits of competition in the industry. Further slippage and ongoing uncertainty will be harmful and risk losing access to private sector investment – this cannot be in the interests of UK plc.”

 

-ends-

 

Notes to Editors

 

Media Contact:


Katrin Boettger, Senior PR Manager 

Tel: +44 207 896 4232 / 0782 4475168

Email: katrin.boettger@kpmg.co.uk

 

About KPMG:

 

KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 11,000 partners and staff.  The UK firm recorded a turnover of £1.7 billion in the year ended September 2011. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 152 countries and have 145,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  KPMG International provides no client services.

 

Share this

Share this