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    Lockie91 posted 19 Jul 2020 11:56
    Posted in Victoria » V/Line operations during COVID-19

    Dunno about the trams, but Metro Trains makes a mint from projects. We always thought running trains was what they had to do in order to get the Project money. I never bothered reading the current contract, but I remember that Connex used to get 10% of all project costs as their fee, plus they had the right to do the job at their cost if they wanted to. It was common for us to see a job charged at 2-4 times the fair price with that contract, a very nice earner. I assume that Metro do even better.

    And look at all the projects going; level crossing removals, tunnels, the list goes on. Ticket revenue is insignificant to them, and with no passengers their trains are all on time, so no late running fines, just more bonuses. Still, no harm trying!

    hbedriver

    They make a far bit of money of projects, but both Metro & YT primary income is from fare revenue which is in the hundreds of millions a year. For the majority of this year the network has been operating at 10%, thats a big dip in revenue for Metro who is still running a full service. The government is squeezing them, I would expect some sort of package for them soon. New timetable is due out end of year, possibly then.

    Edit history

    Edited 19 Jul 2020 11:57, 6 months ago, edited by Lockie91

    Dunno about the trams, but Metro Trains makes a mint from projects. We always thought running trains was what they had to do in order to get the Project money. I never bothered reading the current contract, but I remember that Connex used to get 10% of all project costs as their fee, plus they had the right to do the job at their cost if they wanted to. It was common for us to see a job charged at 2-4 times the fair price with that contract, a very nice earner. I assume that Metro do even better.

    And look at all the projects going; level crossing removals, tunnels, the list goes on. Ticket revenue is insignificant to them, and with no passengers their trains are all on time, so no late running fines, just more bonuses. Still, no harm trying!

    hbedriver

    They make a far bit of money of projects, but both Metro & YT primary income is from fare revenue which is in the hundreds of millions a year. For the majority of this year the network at been operating at 10%, thats a big dip in revenue for Metro who is still running a full service. The government is squeezing them, I would expect some sort of package for them soon. New timetable is due out end of year, possibly then.

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