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Rail franchise / rail concession

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DaveB

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Joined
20 Jan 2018
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7
Hi all,

Quick question....

Could some please explain in a nutshell what the difference is between a rail franchise and rail concession?

Thanks in advance
 
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RailUK Forums

pdeaves

pdeaves

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14 Sep 2014
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Gateway to the South West
I think it boils down to who takes the revenue risk. However, because of various 'safeguards', for most practical purposes the difference is in the spelling...
 
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