(14 May 2023, 1:43 pm)Andreos1 wrote Won't it depend on the actual bid put in and the forecast returns?
Ive been on this site for a while and im still confused about this bids/tenders/returnS!
How can go north east sell there own tickets ( as they are advertising on FB for the 79) on a NEXUS service? Surely only NExus tickets could be sold and the fares collected go back to NEXUS. I know dan said a while back that the 317 run BY SCNE kept all the fares which was reflected in how much they " bid" to run it but it seems confusing to me?
If GNE keep all the fares what stopping them from example cutting a service to zero even though it was showing after a profit of say £5 per week? The when NEXUS put it out to tender bidding 52K a year meaning ( in very simple terms I know) they go from only makeing £5 a week to making £1005 Per week?? Even if they lost it they could then just turn around and say they will rung it commercially so there isnt a risk that I can see?