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C.I.E Cost Recovery Negotiations

17 November 2014

After consultation with members it is clear that members want further clarification on the financial situation in CIE.

 

We have written to CIE informing them that we would look to bring in a financial expert to look at the books and report back to our members before deciding on the proposals on the cost recovery plan.

We undertook this exercise of using a financial expert to look at the books in the rail and bus companies during the cost recovery negotiations with them.

We will be meeting with the company shortly to discuss the scope and timeframe for the independent review of the finances.

Once we have completed the financial review we will then report back to members.

 

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