§ Miss McIntoshTo ask the Secretary of State for Transport, Local Government and the Regions how those private investment companies making the investments will be compensated before the completed infrastructure is put back into the network nationally under special purpose vehicles. [R] [49029]
§ Mr. JamiesonThis would depend on the details of the contract entered into.
§ Miss McIntoshTo ask the Secretary of State for Transport, Local Government and the Regions what information is available to(a) train operators, (b) rolling stockleasing companies and (c) investors in infrastructure concerning individual rail projects under the 10-year transport plan to encourage private investment. [R] [49027]
§ Mr. JamiesonThe 10-Year Plan for Transport and the SRA Strategic Plan provide a broad statement on the opportunities and support available from the Government and the SRA to encourage further private sector investment in the industry. The SRA is developing a framework for Special Purpose Vehicles that will help to provide certainty and clarity in the delivery of significant infrastructure investments. The SRA will not go to the market in relation to individual projects until a proper tender is ready, and that comes downstream in the process, not at the front.
In addition, investment will be delivered through the franchising process, with information made available to potential bidders in accordance with the nature and timescale of individual franchises.