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Financing of Depot Works for West Midlands Trains

West Midlands Trains Limited

This public procurement record has 2 releases in its history.

Award

19 Jan 2024 at 17:11

Award Notice
Tender

30 Sep 2022 at 16:51

Tender Notice
Summary of the contracting process

The West Midlands Trains Limited has completed the award process for the "Financing of Depot Works for West Midlands Trains" tender. The procurement category is services, and the procurement method used was a selective negotiated procedure with prior call for competition. The tender was about financing depot construction works at Tyseley Depot in Birmingham to meet the long-term maintenance needs of new rolling stock, and involved approximately £44m worth of works.

This tender opportunity, initiated by West Midlands Trains Limited, could present business growth prospects for companies specializing in financial leasing services within the railway industry. The tender also required interested parties to possess a track record of financing rail assets and the ability to manage long-term asset usage risks. Businesses looking to secure long-term contracts in the rail infrastructure sector and with expertise in financing large-scale projects may find this opportunity particularly suitable.

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Notice Information

Notice Title

Financing of Depot Works for West Midlands Trains

Notice Description

The scope of work is for the Financing of depot construction works required to meet the long-term maintenance and stabling needs of new rolling stock at Tyseley Depot, Birmingham.

Lot Information

Lot 1

The existing depot owned by Network Rail, is regulated by ORR and leased to WMT. The depot maintains the current WMT diesel fleet, as well as CrossCountry's diesel Class 170s. The depot works are required to accommodate the stabling and maintenance requirements of the new CAF diesel Class 196 fleet.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03721f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/002005-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Negotiated procedure with prior call for competition
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66114000 - Financial leasing services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jan 20242 years ago
Submission Deadline
4 Nov 2022Expired
Future Notice Date
Not specified
Award Date
12 Dec 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
West Midlands Trains Limited
Additional Buyers

WEST MIDLANDS 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
BIRMINGHAM
Postcode
Not specified
Postcode Area
Not specified
Country
Not specified
Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
TLG West Midlands (England)
Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Further Information

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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