Glossary of Parties

Bechtel Ltd

Shareholder in LCR, a member of Rail Link Engineering and, together with LCR, responsible for arranging the Section 2 Cost Overrun Protection Programme

CTRL (UK) Limited

Formerly Railtrack (UK) Limited and now a wholly owned subsidiary of LCR

Eurostar UK

British arm of the Eurostar international train service

Inter-Capital and Regional Railways Ltd (ICRR)

The consortium appointed operational manager of Eurostar UK as part of the 1998 restructuring of the deal

London & Continental Railways Ltd (LCR)

The consortium that, in 1996, won the contract to build, own and operate the Channel Tunnel Rail Link and to operate Eurostar UK. The consortium currently comprises Bechtel Ltd, SG Securities (UK) Ltd, National Express Group Plc, French Railways Ltd (SNCF), EDF Energy plc, Ove Arup & Partners, Sir William Halcrow & Partners Ltd and Systra

Network Rail

Owner and operator of the domestic rail network following Railtrack plc's exit from administration in October 2002

Network Rail (CTRL)

Part of Network Rail contracted by LCR to maintain and operate the Link

Rail Link Engineering

An unincorporated association comprising Bechtel Ltd, Ove Arup & Partners, Sir William Halcrow & Partners Ltd and Systra. Contracted to design and project manage construction of the Link.

Railtrack Group

Parent company of Railtrack plc and Railtrack (UK) Ltd

Railtrack (UK) Ltd

Subsidiary of Railtrack Group that held Railtrack Group's interest in the Link

Railtrack plc

Subsidiary of Railtrack Group and private sector operator of the UK's domestic rail network until it entered railway administration in October 2001

SNCB

Belgian national rail operator. The company owns and manages the Belgian arm of the Eurostar international train service

SNCF

French national rail operator. The company owns and manages the French arm of the Eurostar international train service

Union Railways

The client company responsible for the planning, design, construction and operation of the Link. Initially Government-owned, Union Railways was privatised and transferred to LCR when the contract was signed in 1996. In 1998, Union Railways was split for contracting purposes into Union Railways (South) and Union Railways (North) responsible for the construction and operation of Section 1 and Section 2 respectively. From 1998 to 2002, Union Railways (South) was under the control of Railtrack (UK) Ltd.