Rail Franchise Bid Model (United Kingdom)
Originally published: 27/09/2023 09:02
Publication number: ELQ-74622-1
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Rail Franchise Bid Model (United Kingdom)

Riding the Rails of Efficiency: Best Practice Modelling for Rail Franchise Operations

Description
In the complex world of rail franchising, financial bid modelling is a critical component. It’s the backbone of any successful bid, providing a detailed projection of the franchise’s financial performance. In the UK, one model stands out as the de facto standard for end-to-end rail franchise bid modelling: The Best Practice Financial Bid Model for UK Rail Franchise.


A Comprehensive Solution
This model is a comprehensive solution that covers every aspect of a rail franchise bid. It’s large and complex, reflecting the multifaceted nature of rail operations. But despite its complexity, it’s designed with usability in mind. The model is fully customizable, allowing it to be tailored to the specific needs of each franchise bid.


Financial Modelling Expertise
The Best Practice Financial Bid Model is not just a tool; it’s a reflection of extensive financial modelling expertise. It encapsulates years of industry experience and best practices in financial modelling. This expertise is evident in every aspect of the model, from its structure and layout to its formulas and calculations.


Key Features
The model includes everything required for a successful rail franchise bid. It provides detailed projections for revenue and costs, taking into account factors such as passenger demand, ticket pricing, operating costs, and investment plans. The model also includes modules for risk analysis, scenario planning, and financial statement preparation.


Customisable and Flexible
One of the key strengths of the Best Practice Financial Bid Model is its flexibility. It’s designed to be easily customizable, allowing it to accommodate the unique characteristics of each franchise bid. Whether it’s adjusting revenue assumptions or modifying cost structures, the model provides the flexibility needed to create a robust and realistic financial projection.


Consultation and Advice
Given the complexity of the model, consultation and advice from the vendor are recommended. They can provide valuable insights into how to best use and customize the model. They can also provide guidance on best practices in financial modelling, helping to ensure that your franchise bid is as strong as possible.


In conclusion, the Best Practice Financial Bid Model for UK Rail Franchise is more than just a tool; it’s a comprehensive solution for creating robust and realistic financial projections for your franchise bid. With its combination of comprehensiveness, expertise, flexibility, and support, it’s no wonder that it’s become the de facto standard in the industry.

This Best Practice includes
1 Excel File

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