LNW-GW Joint
Veteran Member
The winning bidder is notified and has to sign the contract.
The DfT then notifies the Stock Exchange of the winner, and on the same day also informs the losing bidders of their scores relative to the winner.
All the bidders will have to negotiate top-level contracts in advance of the decision - but only one gets signed.
There are two franchise decisions pending - TSGN and Essex Thameside.
They may or may not be announced simultaneously, but there are advantages in doing them together (bigger impact, less speculation etc).
It's pretty certain that none of the bidders knows if they have won or not, unless there's been a leak.
The DfT then notifies the Stock Exchange of the winner, and on the same day also informs the losing bidders of their scores relative to the winner.
All the bidders will have to negotiate top-level contracts in advance of the decision - but only one gets signed.
There are two franchise decisions pending - TSGN and Essex Thameside.
They may or may not be announced simultaneously, but there are advantages in doing them together (bigger impact, less speculation etc).
It's pretty certain that none of the bidders knows if they have won or not, unless there's been a leak.