Transport for Wales will be able to generate revenue from conducting work for bodies other than the Welsh Government.
A Government spokesman told LTT that TfW was a ‘Teckal’ company and could therefore generate 20 per cent of its turnover from activities not carried out on behalf of the Government or a Government-controlled organisation.
“Where the company [TfW] does provide services to others, the Welsh Government expects these would generally be on a cost recovery...
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