FOI Request Barclays Sponsorship Payments

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From: FOI foi@tfl.gov.uk Subject: FOI Request - Barclays Sponsorship Payments Date: 12 February 2014 09:45 To: [email protected] Dear Mr Hoscik Our Ref: FOI-1652-1314 Thank you for your e-mail received on 2 December 2013 asking for information about the sponsorship payments made by Barclays. Your request has been considered in accordance with the requirements of the Freedom of Information Act and our information access policy. I can confirm we do hold the information you require. I apologise for the delay in replying. The total financial deductions made to date under the terms of the Barclays sponsorship agreement with TfL are £2.07m. This comprises £0.57m of Scheme Service Levels (KPIs) and launch targets and £1.50m Scheme Usage (Trip Total Target). All Barclays Service Level KPIs have been met since October 2011. £m Barclays Serco Net Position to TfL [1+2] Contract Actual Variance to Contract [1] Period Charges Deductions [2] Launch to 31 Jan 2011 3.00 2.90 -0.10 8.44 1.69 +1.59 1 Feb to 31 Jul 2011 3.00 2.74 -0.26 7.30 0.65 +0.39 1 Aug 2011 to 31 Jan 2012 3.00 2.36 -0.64 7.65 0.06 -0.58 1 Feb to 31 Jul 2012 3.00 2.94 -0.06 8.42 0.08 +0.02 1 Aug 2012 to 31 Jan 2013 3.00 2.50 -0.50 8.78 0.15 -0.35 1 Feb to 31 Jul 2013 3.00 3.00 0.00 8.90 0.05 +0.05 1 Aug 2013 to 31 Jan 2014* 1.75 1.25 -0.50 4.50 0.10 -0.40 Total 19.75 17.68 -2.07 53.99 2.78 +0.71

Transcript of FOI Request Barclays Sponsorship Payments

Page 1: FOI Request Barclays Sponsorship Payments

From: FOI [email protected]: FOI Request - Barclays Sponsorship PaymentsDate: 12 February 2014 09:45To: [email protected]

Dear Mr Hoscik Our Ref: FOI-1652-1314 Thank you for your e-mail received on 2 December 2013 asking for information about the sponsorship payments made byBarclays. Your request has been considered in accordance with the requirements of the Freedom of Information Act and our informationaccess policy. I can confirm we do hold the information you require. I apologise for the delay in replying. The total financial deductions made to date under the terms of the Barclays sponsorship agreement with TfL are £2.07m. Thiscomprises £0.57m of Scheme Service Levels (KPIs) and launch targets and £1.50m Scheme Usage (Trip Total Target). AllBarclays Service Level KPIs have been met since October 2011.!

£mBarclays Serco Net

Position to TfL[1+2]Contract Actual Variance to

Contract [1]Period

Charges Deductions [2]

Launch to 31 Jan 2011 3.00 2.90 -0.10 8.44 1.69 +1.59

1 Feb to 31 Jul 2011 3.00 2.74 -0.26 7.30 0.65 +0.391 Aug 2011 to 31 Jan2012 3.00 2.36 -0.64 7.65 0.06 -0.58

1 Feb to 31 Jul 2012 3.00 2.94 -0.06 8.42 0.08 +0.021 Aug 2012 to 31 Jan2013 3.00 2.50 -0.50 8.78 0.15 -0.35

1 Feb to 31 Jul 2013 3.00 3.00 0.00 8.90 0.05 +0.051 Aug 2013 to 31 Jan2014* 1.75 1.25 -0.50 4.50 0.10 -0.40

Total 19.75 17.68 -2.07 53.99 2.78 +0.71

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Total 19.75 17.68 -2.07 53.99 2.78 +0.71 * Note – in the case of the Serco period charges and deductions, this covers the period to October 2013 only The table above also shows the sums paid by TfL to Serco, including a total deduction for service failure penalties (SFPs) of£2.78m.!If this is not the information you are looking for, or if you are unable to access it for some reason, please feel free to contact me. Please see the attached information sheet for details of your right to appeal. Yours sincerely Gemma JacobFOI Case OfficerFOI Case Management TeamGeneral CounselTransport for London [email protected]!!From: Martin - MayorWatch [mailto:[email protected]] Sent: 02 December 2013 11:41To: FOISubject: barclays sponsorship payments!Please!detail!any!deduc.ons!from,!or!reduc.ons!in,!the!sums!paid!by!Barclays!to!TfL!or!by!TfL!to!Serco!in!respect!of!the!London!Cycle!Hire!schemesince!those!detailed!in!your!response!to!FOI-1964-1213 as well as a break down by invoice of all!sums paid to both parties (TfL!and!Serco)since!that!same!response.!!

Kind regardsMartin Hoscik, Editorwww.mayorwatch.co.uk