The Department for Transport addresses the five objectives outlined in the new approach to transport appraisal in preparing the specification included in the invitation to tender for franchise replacements. The specification is the basis upon which bids are assessed, and the submission of the successful bidder needs to demonstrate that it represents value for money.
The business case analysis that supports the development of the franchise specifications is not published, although the rationale behind changes is communicated through stakeholder meetings and stakeholder briefing documents.
The decision has been taken to maintain the status quo in relation to fares policy with an average increase of RPI+1 per cent. for regulated fares. It is for individual train operators to set regulated fares within the constraints imposed by regulation, while unregulated fares may be set on a commercial basis. The Department does not appraise the decisions that individual train operators make.