Date: 15/03/2016
Nexus wants to renationalise the Tyne and Wear Metro operating contact for two years, as part of a ^long-term strategy to develop the system^.
Nexus is seeking endorsement from Leaders of the North East Combined Authority to manage Metro operations directly for two years from April 2017, once the current contract has expired.
Although Nexus has the contractual right to extend the current contract for a further two years, it said it ^did not wish to exercise this option^.
It is instead proposing to manage train operations and stations directly until 2019, allowing it to prepare for significant changes that will come with investment in a new train fleet. [From Richard Buckby]
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Nexus wants to renationalise the Tyne and Wear Metro operating contact for two years, as part of a 'long-term strategy to develop the system'. Nexus ...
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