What the buyer wrote
Overview HS1 Ltd holds a concession (until 2040) to operate, maintain and renew the railway network between London St Pancras and the Channel Tunnel. HS1 Ltd's revenue comes from track access, investment recovery and miscellaneous charges. These are paid by train operators to use the rail infrastructure. Arrangements for funding are set out in a Concession Agreement between HS1 Ltd and the Secretary of State which specifies that funds for renewals are held in an Escrow account managed jointly by HS1 Ltd and the Department for Transport. In addition, the Concession Agreement sets out obligations on HS1 Ltd to ensure the sustainability of the asset. These asset stewardship obligations requir…
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Awarded to
Details
- What the buyer calls it
- Study of HS1 Escrow Arrangements
- How they are buying
- Advertised, open to anyoneAny supplier could bid without being invited first.
- Type
- services
- Work starts
- 14 Jun 2018
- Work ends
- 19 Jul 2018
- Kind of work
- Accountancy, audit and financial advice
Who the buyer named
Mayank Vyas was the named contact on this notice.