In 2019, FCP was engaged by HS1 Ltd to undertake an independent audit of HS1’s regulatory model and submission to ORR to determine that the model was consistent with the regulatory requirements and adopted best practice, and to determine potential opportunities to optimise efficiency and effectiveness.

Transport for Wales awarded FCP (in conjunction with AMCL) a 5-year Independent Reporter mandate for the Wales & Borders Franchise, including Core Valley Lines transformation, to provide independent advice and assurance to the Welsh Government/TfW and the Operating Delivery Partner (Keolis/Amey) in respect of whole life asset-stewardship responsibilities, a £5bn programme of capital works, introduction of new rolling stock and the commercial operation of passenger services.

Our Assurance Services include:

Business and project audit
Dispute resolution
Due diligence
We undertake technical, commercial and operational expert scrutiny of investment cases.
Expert witness
Inclusive design
We assess the inclusivity of transport services and infrastructure.
Independent Reporter function
Investment appraisal
Performance reviews
Regulatory and contract compliance
Risk assessment
Safety reviews
Technical standards compliance