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Author: European Rail Freight Association ERFA

How to ensure value of money for public investments in rail?

ALLRAIL, the Alliance of Rail New Entrants, believes that any public financing of public service rail contracts (PSOs) in Europe should benefit the passenger, taxpayer and the rail sector as a whole. In 2016 the European Commission stated that any resources used from an EU-financing program to fund passenger rolling stock have to be invested in the most reasonable manner and must have an overall positive impact both on the competitiveness and the development of the sector. In order to maintain these principles, it recommended obligatory tendering for PSO contracts IF government funding for rolling stock is...

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