Lord Bradshaw – 2016 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Lord Bradshaw on 2016-10-03.

To ask Her Majesty’s Government, further to the Written Answer by Lord Ahmad of Wimbledon on 20 September (HL1612), why their estimates of the financial impact of the Office of Road and Rail’s decision on the East Coast Main Line and other associated franchises are considered commercially sensitive” information when they will need to be disclosed to any bidders for future franchises.”

Lord Ahmad of Wimbledon

The information is considered commercially sensitive because of the impact it could have on a listed company if released at this time. This information would only be disclosed to franchise bidders on a confidential basis at the time a franchise is re-let. However, under the normal process we would expect bidders to make their own revenue forecasts.