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  "documentTitle": "Rail industry cost and revenue sharing (2011)",
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  "notes": "The slide uses a bulleted list format to present qualitative findings regarding the alignment between train operators and Network Rail (NR).",
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      "text": "the South West Trains Desiro fleet is a well documented example of a modification being delayed as a result of contractual concerns. A commercial agreement has now been reached for the SWT Desiro fleet and a new procedure has been introduced for dealing with vehicle modifications",
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      "text": "but it can take a number of years for the damage characteristics of new rolling stock designs to be fully understood",
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      "text": "Train operators have to take a wide range of factors into account when selecting or procuring rolling stock. The relative importance of VTAC charges to the decision making process varies significantly depending on the type of service being operated. In some cases VTAC is immaterial, whereas in other cases it is one of the key factors",
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      "text": "However, VTAC rates are generally considered to be cost reflective. As such, train operators have an appropriate incentive to select rolling stock which is less damaging to NR's infrastructure",
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      "text": "There have been a few situations where commercially attractive opportunities to improve the track-friendliness of trains have been identified but industry contractual arrangements have acted as a barrier to implementation. One of the key barriers is the risk to TOCs of the DfT clawing back any VTAC savings through Clause 18.1",
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      "text": "… Having a price list like at present is probably the right approach, although there are a few “funnies” in there …",
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