report produced for Nottingham CC in February 2016 suggested that the likely costs of reinstatement, including the rebuilding of the three stations, would be between £18.9M and £24.5M, with signalling accounting for more than half of that figure. Operating costs were estimated to be some £1.6M per year, with revenue from fares expected to be a little over half of that, and the rest to be found from subsidies. A condition of the awarding of a new East Midlands franchise for operating the line in 2019 was that the operator was required to produce a business case for the extension to Ollerton. There are also plans to reinstate passenger trains over the freight-only line from to the closed Pye Bridge railway station on the Erewash Valley line. The line, which has been named the Maid Marian line, has been championed by Ashfield District Council, as it would greatly improve access to the proposed Toton HS2 station for residents in the area. In February 2020, they commissioned a public consultation on the idea, and in November 2020 submitted a bid for the second round of the government's Restoring Your Railway fund, to cover the cost of a feasibility study. The project was one of fifteen schemes which were successful in obtaining such funding. References Bibliography Rail transport in Nottinghamshire Railway lines in the East Midlands Transport in Nottingham Standard gauge railways in England