Commercial Constraints and Limitations
- The pier fees inherited from TfL to access Putney pier represent an annual charge which is greater than all of the other RB6 piers combined. The fee mechanism for Putney is based on the number of vessel calls rather than a fixed annual fee, making any growth in service challenging when passenger demand varies significantly through the day. The pier fee mechanism is therefore unsustainable for TC to grow its route and fleet.
- TC have written consent to use the pier but have no formal legal agreement to use the pier and scheduled RB6 services have to give way to charter vessels if they are booked at the pier. This causes delays to the RB6 service.
- Over the last 3 years TC have met with the owner of the pier, Livett’s Launches (LL), to seek to agree a long-term access agreement. Despite these efforts the access remains on a short-term basis with no formal agreement for access. This compares with 10–15 year access agreements at the other RB6 piers.
- TC and others interested parties have held discussions with LL to consider buying the current Putney Pier. Both did not materialise as the asking price made it unviable alongside the investment that is needed to upgrade the pier for the long term (noting the constraints noted above). For context, a new pier to safeguard the future of the River Bus service could be delivered for less.