The High Return Alternative Tender (HRAT) formed part of the Invitation to Tender (ITT) for the Greater Western Franchise issued by the Strategic Rail Authority in June 2005. The Department intends to make this public once the franchise agreement has been placed on the public register, and is working to do this as soon as possible.
The Department did not require bidders to submit an HRAT in its Invitation to Tender for the South Western franchise, nor does it intend to require bidders to submit HRATs with future ITTs.