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Old March 26th 09, 06:46 AM posted to uk.transport.london,uk.railway,misc.transport.urban-transit
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Default (Times): Britain to have fastest train service in the world within 12 years

In message
, at
08:31:33 on Thu, 26 Mar 2009, Lüko Willms
remarked:
ICRR sounds just like GNER running a franchise on the ECML.


not to me.

If not, what's the essential difference.


This is not a government contract with a private company, but a
contract between two private companies, where one charges the other to
do its work.


Yes, so the only difference is that in one case it's the Government
letting the contract, and in the other it's a multinational quasi-public
sector company that's letting the contract.
--
Roland Perry
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Old March 26th 09, 07:38 AM posted to uk.railway,misc.transport.urban-transit,uk.transport.london
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Default (Times): Britain to have fastest train service in the world within 12 years

Am Thu, 26 Mar 2009 07:46:38 UTC, schrieb Roland Perry
auf uk.railway :

This is not a government contract with a private company, but a
contract between two private companies, where one charges the other to
do its work.


Yes, so the only difference is that in one case it's the Government
letting the contract, and in the other it's a multinational quasi-public
sector company that's letting the contract.


The management contract is between Eurostar (UK) Ltd (EUKL) and
Intercapital and Regional Railways Ltd (ICRR). EUKL is 100% owned by
L&CR. In how far is EUKL a "multinational quasi-public sector
company"?


Cheers,
L.W.

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Old March 26th 09, 07:55 AM posted to uk.railway,misc.transport.urban-transit,uk.transport.london
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Default (Times): Britain to have fastest train service in the world within 12 years

In message
, at
09:38:24 on Thu, 26 Mar 2009, Lüko Willms
remarked:
The management contract is between Eurostar (UK) Ltd (EUKL) and
Intercapital and Regional Railways Ltd (ICRR). EUKL is 100% owned by
L&CR. In how far is EUKL a "multinational quasi-public sector
company"?


My understanding is that L&CR is nationalised in all but name, and one
of the shareholders is SNCF.

--
Roland Perry
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