Rolling stock project feasibility studies
The Franchisee shall carry out and present to the Secretary of State by 31 December 2015 initial feasibility studies in respect of each of the following potential projects, with any further implementation of the Projects being subject to a Variation:
(a) proposals for the trial and, if successful, implementation of Independently Powered EMUs ("IPEMUs") on the route between Newbury and Bedwyn (including an assessment of the feasibility of through operation from London Paddington);
(b) proposals for the trial and, if successful, implementation of IPEMUs on the route between Reading, Redhill and Gatwick Airport;
(c) subject to initial examination confirming likely viability, proposals for the trial deployment and, if successful, implementation of converted former London Underground D78 rolling stock on one or more selected branch lines within the Franchise; and
(d) proposals for an alternative rolling stock solution for services operating between Portsmouth and Cardiff.