Rail Settlement Plan

[1] The company was established on the privatisation of British Rail primarily for the purpose of distributing the revenue received from the purchase of generic, non-company-specific train tickets.

For example, the same railway ticket is valid from Bristol Temple Meads to Taunton on all services: the RSP provides a process to share the revenue between the two train operating companies that run trains along this route (Great Western Railway and CrossCountry).

Lennon applies both agreed (between TOCs) allocation factors and those created by the ORCATS[expand acronym] model.

Commission is funded by each train operating company (TOC) in proportion to sales received.

Lennon also calculates adjustments for refunds and fees for the fulfilment of tickets sold over the internet, but printed at station kiosks.