Dáil Éireann Debate, Tuesday - 22 June 2004
218 Ms O. Mitchell asked the Minister for Transport the arrangements that have been entered into with the Luas operator in respect of income from fares over and above the level of the contract price; if such income accrues to the State, to the operator or will be shared; and if so, the relevant proportion. [18322/04]
View answerThe Railway Procurement Agency, RPA, has entered into a five-year performance-based contract with Connex to operate and maintain Luas. Revenues from the service accrue to the RPA and in return Connex is paid a contract fee which is performance related. The main basis of payment under the contract is related to reliability of service, punctuality and condition of the assets. Connex is also incentivised to maximise patronage on the service and the contract, therefore, provides for a sharing of income as patronage exceeds particular threshold amounts.
