HC Deb 09 December 1996 vol 287 c36W
Mr. Chidgey

To ask the Secretary of State for Transport what is the value of the performance bonds which could be called in by the franchising director in the event of the need to terminate each of the franchises so far awarded. [8079]

Mr. Watts

The information is available in respect of franchises which have commenced operation, and is set out in the table:

Franchise Performance bond (£ million)
Cardiff Railway Company 0.90
Chiltern Railway Company 2.15
Connex South Central 14.50
Connex South Eastern 19.50
Gatwick Express 2.50
Great North Eastern Railway 17.75
Great Western Trains 16.50
Island Lines 0.15
LTS Rail 4.00
Midland Main Line 6.50
South Wales and West 5.00
South West Trains 21.00
Thames Trains 4.25