Question reference: S5W-36144
- Asked by: Elaine Smith, MSP for Central Scotland, Scottish Labour
- Date lodged: 11 March 2021
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Current status: Answered by Michael Matheson on 23 March 2021
Question
To ask the Scottish Government how much (a) Abellio ScotRail and (b) Serco Caledonian Sleeper will receive in management fees for the initial Emergency Measures Agreement period, and whether the operators are permitted to pay a dividend from the fee.
Answer
The performance and management fees due to Abellio ScotRail and Serco Caledonian Sleepers Limited under the Emergency Measures Agreements (EMA) in place from April to September have been determined following a full financial reconciliation at the end of 2020. These payments form part of the current EMA payments which will be published on the Transport Scotland website in April 2021 after the current EMAs come to an end.
It is a matter of record that both Abellio and Serco have incurred significant losses from these franchises which remain far larger in scale than any possible management / performance payments.