FAS ADOPTED A METHOD FOR CALCULATING PAYMENT FOR LEASE OF COMMUTER RAILWAY ROLLING STOCK
The new method determines economically justified costs for leasing commuter trains owned by “Russian Railways” OJSC and used by commuter passenger companies. The method is devised jointly with “Russian Railways” OJSC based on a comprehensive analysis of corporate costs.
FAS Board approved the Order “On approving the method for calculating the rates for the services on lease, management, operation, maintenance and repair of railway rolling stock in the field of passenger transportation by commuter railway in public use”. The Order is submitted to the Ministry of Justice for registration.
“Russian Railways” OJSC, as the owner of commuter train fleet, lease them to commuter passenger companies. The costs of lease account for up to 90% of the costs of commuter companies and affects considerably commuter fares and the size of regional budgetary subsidies used to make tickers affordable for the population. In previous years, the costs of leasing the same series of commuter trains could differ by orders between regions due to obsolete methods of evaluating and separating the costs. In the new method the overall lease sum has five elements: use of rolling stock (amortization and train property tax); capital repair; current repair; maintenance; rolling stock management and operation. It increases lease pricing transparency. The payment for using rolling stock and capital repair of the commuter train series is set at the same level for all subjects of the Russian Federation. The markets boundaries are determined at the federal level.
The markets of rolling stock maintenance and repair as well as operation and management are regional so these elements of rates are differentiated by regions at the economically justified level.
Regions will get the rights to order one or several services related to rolling stock lease from “Russian Railways” OJSC or other providers, for example, wagon manufacturers or private repair companies that have the competences and relevant licenses. It will intensify competition on the market of services for providing rolling stock.
FAS will continue monitoring rates for leasing commuter trains, budget subsidies and fares for passenger transportation by commuter rail.