§ Mr. Gordon PrenticeTo ask the Secretary of State for Transport if he will list those rail track renewal and maintenance companies that have been sold to date indicating the sale price, the number of bidders and the successful purchaser. [21221]
§ Mr. WattsThe table lists those track renewal and infrastructure maintenance company sales which have been completed, or where sale contracts have been exchanged. It would be contrary to the commercial interests of the British Railways Board and the taxpayer to publish price and bidding details at this stage; this could prejudice sales still in progress.
Company Purchaser Scotland Track Renewals Company Ltd. Relayfast Ltd. Scotland Infrastructure Maintenance Company Ltd. Track Action Ltd. Central Track Renewals Company Ltd. Tarmac Construction Ltd. Central Infrastructure Maintenance Company Ltd. GT Railway Maintenance Ltd. Western Infrastructure Maintenance Ltd. Amey Railways Ltd. Eastern Track Renewals Company Ltd. Fastline Rail Services Ltd.
§ Mr. PrenticeTo ask the Secretary of State for Transport (1) if he will list the track renewal and maintenance companies whose sale is currently being negotiated and, in each case, the number of bidders; [21226]
256W(2) what is the timetable for the sale of the remaining rail track renewal and maintenance companies. [21224]
§ Mr. WattsThe British Railways Board is pursuing sales of the following businesses and expects to conclude them over the coming months:
- Western Track Renewals Company Ltd.
- Northern Infrastructure Maintenance Company Ltd.
- Northern Track Renewals Company Ltd.
- Eastern Infrastructure Maintenance Company Ltd.
- Southern Track Renewals Company Ltd.
- South West Infrastructure Maintenance Company Ltd.
- South East Infrastructure Maintenance Company Ltd.
It would be contrary to the commercial interests of the British Railways Board and the taxpayer to give the number of bidders for each company at this stage.