Exhibitions, Events and Distributions Agreement

Description

The agreement supports generation of income for the Property Retail team as part of their Concourse Advertising and Promotions Retail Property Strategy. A replacement contract requires to be tendered to achieve: • the maximum possible revenue • raise the quality of events within our stations • drive longer term revenue increases by a minimum of 3% across the term of the agreement. • a reduction in the operational costs • to more effectively address the requirements of stations and NR for not-for-profit and other related activities Network Rail aspires to make stations ‘retail destinations’ and therefore is now more interested in the type of concessionaire using the space and the products and/or services they offer to avoid conflict or potential damage to reputation. NRIL wants to raise the quality and calibre of its concourse promotions and exhibitions to ultimately drive customer satisfaction and improve income for the future.