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Investment planning and appraisal issues in the privatized railway - the British experience

Bristow, AL, Preston, JM and Nash, CA (1998) Investment planning and appraisal issues in the privatized railway - the British experience Transport Reviews, 18 (4). pp. 353-362.

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Abstract

Rail privatization in Britain has led to a division of responsibility for investment between Railtrack (infrastructure) and rolling stock leasing companies and operators (rolling stock). However, public bodies - the Office of Passenger Rail Franchising (OPRAF) and the Office of the Rail Regulator (ORR) - still have a considerable influence. This paper describes the new system and offers a critical analysis of the way it is working, with particular reference to the approach to appraisal put forward by OPRAF in its recent appraisal guide.

Item Type: Article
Authors :
NameEmailORCID
Bristow, ALa.l.bristow@surrey.ac.ukUNSPECIFIED
Preston, JMUNSPECIFIEDUNSPECIFIED
Nash, CAUNSPECIFIEDUNSPECIFIED
Date : 1 January 1998
Depositing User : Symplectic Elements
Date Deposited : 17 May 2017 13:53
Last Modified : 17 May 2017 15:13
URI: http://epubs.surrey.ac.uk/id/eprint/840676

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