Source · National Audit Office
The South Eastern Passenger Rail Franchise
Published: 2 Dec 2005
Type: Value for Money
The Strategic Rail Authority successfully managed the termination of Connex South Eastern’s franchise after the SRA lost confidence in the company’s financial management, according to the National Audit Office. Taxpayers’ interests were largely protected and passenger services maintained. But this case did highlight lessons for the awarding and managing of franchises. In June 2003, the […]