Tender

The financing of New Trains for TransPennine Trains Limited

TRANSPENNINE TRAINS LIMITED

This public procurement record has 1 release in its history.

Tender

25 Jul 2024 at 12:30

Tender Notice
Summary of the contracting process

The procurement process initiated by Transpennine Trains Limited is presently in the Tender stage, with a focus on the financing of new trains for the company, including any potential successors. Classified under the "Rolling stock" category, this contract is valued at £1.15 billion. The procurement method is selective, conducted through a negotiated procedure. Key dates include the tender end date on 6th September 2024 and a contract period from 1st October 2024 to 31st October 2036. The trains are to be delivered to Scotland, within the United Kingdom.

This tender presents substantial opportunities for businesses involved in financing high-value transportation equipment. Large financial institutions or consortia with substantial capital reserves and experience in sizable transportation investments would be well-suited for this opportunity. The lengthy contract period provides long-term financial engagement and envisioned capital growth, driving stability and profitability for the winning bidder.

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Notice Information

Notice Title

The financing of New Trains for TransPennine Trains Limited

Notice Description

The financing of New Trains for TransPennine Trains Limited (including any potential successors). Interested parties are requested to register their interest on Delta. Interested Parties will be sent an SSQ where further information will be provided.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-363030f7-6e32-4833-95a8-423d5da81448
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8261513f-b43c-4c3c-890e-1cc9b82b0274
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Negotiated procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

34 - Transport equipment and auxiliary products to transportation

CPV Codes

34620000 - Rolling stock

Notice Value(s)

Tender Value
£1,150,000,000 £1B-£10B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jul 20241 years ago
Submission Deadline
6 Sep 2024Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Sep 2024 - 31 Oct 2036 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
TRANSPENNINE TRAINS LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MANCHESTER
Postcode
M1 6LT
Post Town
Manchester
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD3 Greater Manchester
Small Region (ITL 3)
TLD33 Manchester
Delivery Location
TLM Scotland
Local Authority
Manchester
Electoral Ward
Piccadilly
Westminster Constituency
Manchester Central

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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