Andy McDonald – 2016 Parliamentary Question to the Department for Transport
The below Parliamentary question was asked by Andy McDonald on 2016-10-07.
To ask the Secretary of State for Transport, how much compensation his Department is liable for in its contract with Agility Trains in the event that the Inter City Express (IEP) fleet cannot be introduced in line with the contracted schedule for (a) delivery and (b) operation of new IEP trains on the (i) Great Western and (ii) East Coast mainlines.
Paul Maynard
The contract for IEP sets out the process for calculating any liquidated damages the Secretary of State would be liable to pay to Agility Trains in the event that the trains cannot be introduced in line with the contracted schedule for delivery and operation. This would be calculated as a function of the daily Set Availability Payment forgone at that time. The precise amount would remain commercially confidential.