Rail Settlement Plan

E93845

The Rail Settlement Plan is a central system used across the UK rail industry to manage ticketing, revenue allocation, and financial settlement between train operating companies.

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Statements (45)

Predicate Object
instanceOf rail industry settlement system
ticketing and revenue allocation system
associatedWith Rail Delivery Group
UK train operating companies
country United Kingdom
dataType revenue data
settlement data
ticket sales data
dependsOn industry ticketing and fares database
enables centralised reporting of rail ticket sales
reconciliation of ticket sales and usage
settlement of sales between retailers and train operators
geographicArea British railway network
surface form: Great Britain rail network
governs allocation of income from season tickets
how multi-operator tickets are settled
hasFunction apply industry settlement rules
calculate revenue apportionment between operators
interface with retailing systems
produce settlement statements for operators
industry railway industry
manages financial settlement processes
industry-wide ticketing rules implementation
rail ticketing information
revenue allocation processes
partOf UK rail industry commercial framework
purpose allocate revenue between train operating companies
manage ticketing data
standardise rail ticketing across the UK rail network
support financial settlement between train operating companies
regulates financial flows between rail operators
settlement between retailers and operators
relatedTo UK rail ticketing system
rail revenue protection and accounting
scope National Rail
surface form: National Rail network in Great Britain
stakeholder independent rail retailers
rail industry bodies
train operating companies
supports industry-wide fare structures
inter-operator revenue sharing
retail of national rail tickets
through-ticketing across multiple train operators
technologyType centralised back-office system
usedBy National Rail Enquiries
rail ticket retailers
train operating companies

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Rail Delivery Group responsibleFor Rail Settlement Plan