ERFA strongly welcomes the French Regulatory Body (ARAFER)s negative opinion on the new investment and performance contract between the French Government and the Infrastructure manager (SNCF Réseau).
The decision of the French Regulatory Body (ARAFER) is a strong signal in favour of better value for money for taxpayers investment in rail and an important step in improving the quality of rail services.
EU rules provide an excellent framework for Member States to ensure strategic rail investments and a more customer-orientated infrastructure manager. Rail Regulatory Bodies have a key role in implementing this framework.
Link to French Regulatory body press release: http://www.arafer.fr/communiques/le-projet-de-contrat-de-performance-entre-letat-et-sncf-reseau-manque-les-objectifs-fixes-par-la-loi-de-reforme-ferroviaire/