Home > Uncategorized > GMPTA letter shows extra carriage cost not part of TIF bid

GMPTA letter shows extra carriage cost not part of TIF bid

October 20th, 2008 Leave a comment Go to comments

Have a read of this letter from Howard Bernstein to the DfT in London. In it he clearly states:

Heavy rail rolling stock and associated infrastructure (platform extensions, turnbacks, depots and stabling). These costs are now assumed to be met by the Department directly through the TOCs (Train Operating Companies) and Network Rail rather than through TIF grant to Greater Manchester and Prudential Borrowing cover.

AGMA are actively promoting extra carriages and platform extensions as part of the TIF package, yet they are clearly not.

  1. No comments yet.
  1. No trackbacks yet.