{"value":{"id":1237208,"askingMemberId":4638,"askingMember":null,"house":"Commons","memberHasInterest":false,"dateTabled":"2020-09-23T00:00:00","dateForAnswer":"2020-09-28T00:00:00","uin":"94520","questionText":"To ask the Secretary of State for Transport, what estimate he has made of the cost to the public purse of the move to Emergency Recovery Measures Agreements over the 18 month period that those agreements will be in place; and how much of that cost relates to (a) operational expenditure, (b) fees to run the network and (c) profit to private companies.","answeringBodyId":27,"answeringBodyName":"Department for Transport","isWithdrawn":false,"isNamedDay":true,"groupedQuestions":[],"answerIsHolding":false,"answerIsCorrection":false,"answeringMemberId":3977,"answeringMember":null,"correctingMemberId":null,"correctingMember":null,"dateAnswered":"2020-09-28T00:00:00","answerText":"

The cost to the public purse of Emergency Recovery Measures Agreements (ERMAs) is completely dependent on the course of the pandemic and also how many people are using the railway and generating revenue, which is highly uncertain at this point.

In terms of the fees, ERMA fees are based on a fixed 0.5% management fee based on the historical costs of a train operating company, with additional fees only where performance requirements are met or exceeded. Details of payments made by the Department to franchised passenger rail operators under the Emergency Measures Agreements can be found on the government’s website and shall be updated regularly.

https://www.gov.uk/government/publications/payments-to-passenger-rail-operators-march-to-june-2020

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