To ask the Secretary of State for Transport, whether the cost of necessary infrastructure works on the Ryde Pier rail route will be funded by Network Rail; and whether such funding will be borne by the (a) public purse and (b) franchise.
12 October 2017
The infrastructure on the Isle of Wight is owned by Network Rail and the responsibilities for maintenance and renewal of these assets is apportioned between Network Rail and the Train Operating Company (South Western Railway, SWR) under the terms of the lease between these organisations. This lease is due for renewal in 2019.
We would expect Network Rail to make provision for any routine maintenance and renewal works required within their overall cost base for activities for Control Period 6 and to reflect these in the renewed lease. Ultimately, costs falling to Network Rail are borne by the public purse.
In addition to this, South Western Railway are due to submit a costed option to the Secretary of State by the end of March 2018 in relation to the future operation of the Island Line. To the extent that this is acceptable, it may result in an adjustment to franchise payments made to Government by the franchisee. SWR are in the process of consulting with local stakeholders regarding options.