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date	2019-05-01
answer › answer text	%3Cp%3EThe %E2%80%98Change of Control%E2%80%99 provisions in the Franchise Agreement give the Secretary of State unlimited right to reject any sale of a franchise such as those owned by Abellio and Arriva. In deciding whether to approve such a sale%2C the Secretary of State would consider the arrangements in place for securing the same or improved parent company guarantees and performance bond arrangements as currently exist. This consideration would include the financial standing of the new owning group and other elements of their capacity to honour existing commitments.%3C%2Fp%3E
min date	2019-03-12
min answer › question first answered	2019-05-08T10:22:09.55Z
registered interest	false

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Search Results

registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1124328

registered interest

date

01/05/2019

answering body

Department for Transport

answering dept id

answering dept short name

Transport

answering dept sort name

Transport

hansard heading

Abellio Group and Arriva

house id

legislature

25259

pref label	House of Commons

question text

To ask the Secretary of State for Transport, pursuant to the Answer of 10 April 2019 to Question 243472 on Abellio Group, what assurances his Department has received from owning groups (a) Abellio and (b) Arriva that any sale of their UK government rail contracts will ensure future owners have the capacity to honour all commitments including parent company guarantees and performance bonds.

tabling member constituency

Middlesbrough

tabling member printed

Andy McDonald

uin

250026

answer

is ministerial correction

date of answer

13/05/2019

answer text

<p>The ‘Change of Control’ provisions in the Franchise Agreement give the Secretary of State unlimited right to reject any sale of a franchise such as those owned by Abellio and Arriva. In deciding whether to approve such a sale, the Secretary of State would consider the arrangements in place for securing the same or improved parent company guarantees and performance bond arrangements as currently exist. This consideration would include the financial standing of the new owning group and other elements of their capacity to honour existing commitments.</p>

answering member constituency

Harrogate and Knaresborough

answering member printed

Andrew Jones

question first answered

13/05/2019 15:04:19

answering member

3996

label	Biography information for Andrew Jones

tabling member

4269

label	Biography information for Andy McDonald