Govia Thameslink Railway - Govia Thameslink Railway Franchise Commitments - L

Govia Thameslink Railway - L
Govia Thameslink Railway Franchise Commitments
This franchise is different from many other franchises let since the start of railway privatisation in 1996. Under the agreed terms of the franchise, the operator, in this case Govia, gives all revenue to the government, rather than paying set premiums. The Department for Transport will pay Govia, totalling around £8.9 billion over the franchise period of seven years, from the expected revenues of £12.4 billion. From these payments, Govia expects to generate a 3% profit, and the risks on operating costs will be Govia's, while the DfT will profit or lose from fluctuations in revenue.
Prior to the start of the franchise, Govia stated its plans to invest £50 million in all 239 stations that it would manage.
Govia Thameslink Railway The specifics of these plans include:
  • Enhance all 239 stations including improving access, replace electronic information screens and working with local authorities on the redevelopment of St Albans and Luton stations.
  • Increase staffing hours at many stations, with the 100 busiest stations staffed from first to last train, like London Overground stations.
  • Extension of 'the key' smartcard which Southern has been introducing.
  • Provide 104 stations with free Wi-Fi.
  • £1.5 million on station access improvements including increased cycle storage and electrical vehicle charging points.
Govia also stated its intention to bring about the following:
  • Half-hourly King's Lynn to London services.
  • Direct Peterborough, Cambridge, Welwyn Garden City and Finsbury Park to Tattenham Corner, Caterham, Horsham services.
  • Increasing Great Northern suburban services to four trains per hour via Enfield Chase and New Barnet.
  • Great Northern suburban services to run to Moorgate at weekends and on weekday evenings.
  • 50% increase in capacity from Uckfield to London in the peaks.
  • Doubling overnight Thameslink services.
  • Sevenoaks Thameslink services to run on Saturdays.
  • Working to extend Oyster to Epsom, Gatwick Airport, Luton Airport Parkway, Welwyn Garden City and Hertford North.
  • Class 387 Electrostars for King's Lynn express services, releasing Class 317s, 321s and some Class 365s for newly electrified routes elsewhere.
  • Creating an alliance arrangement with Network Rail in 2016, like South West Trains.
Govia Thameslink Railway Overview
Thameslink, Southern and Great Northern
14 September 2014 – 1 April 2028
Main Region(s):
South East England
Greater London
East Anglia
Stations Operated: 238
Parent Company:
(Go-Ahead Group 65%, Keolis 35%)
Reporting Mark: GN, GX, SN, TL
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