Tender

TPE - Financing of Rolling Stock

FIRST TRANSPENNINE EXPRESS LIMITED

This public procurement record has 1 release in its history.

Planning

19 Jan 2023 at 14:29

Summary of the contracting process

The First TransPennine Express Limited (TPE) has initiated a tender process for the financing of rolling stock, including the supply of new trains for passenger service and maintenance services. The procurement method is a negotiated procedure with a prior call for competition. The estimated value of the contract is between £500,000,000.00 - £900,000,000.00. The tender deadline is set for 23rd February 2023, with a potential contract duration of 15 years and 6 months.

This tender by TPE presents opportunities for businesses involved in banking and investment services, particularly those in the rail industry. Suppliers must register interest electronically through the Wax Digital e-procurement system. The contract includes maintenance services, associated equipment, and potential new train maintenance depot facilities. Interested suppliers must adhere to the outlined submission method and key deadlines to participate in this selective procurement process.

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Notice Title

TPE - Financing of Rolling Stock

Notice Description

TPE has commenced a procurement process with potential manufacturers for the supply of new trains for use in passenger service and the provision of maintenance services. The scope of that procurement covers; (a) new rolling stock (the "Units") for use in passenger revenue earning passenger service on the TPE Routes; (b) associated spares, special equipment and tooling (the "Associated Equipment"); (c) full servicing, maintenance and overhaul services in respect of the Equipment, on the basis of the TSA (the "Maintenance Services"); and (d) potential new train maintenance depot facilities to support delivery of the TSA Please see the Fleet requirements via the following link : http://redirect.transaxions.com/events/KL0qD

Lot Information

Lot 1

TPE has chosen to run the procurement under the negotiated procedure with a prior call for competition under Regulation 47 of the Utilities Contracts Regulations 2016 (UCR 2016). The contract will be awarded by negotiated procedure without further publication of a call for competition, as this PIN is used as a call for competition. This procurement and all communication with suppliers will be managed electronically via FirstGroup's Wax Digital e-procurement system. The estimate of the total value is based on if TPE exercises all the rolling stock options available including new train maintenance depot facilities. To participate in this procurement, suppliers must register an interest via the Wax Digital link by http://redirect.transaxions.com/events/KL0qD Please see the indicative procurement timetable via the link provided above. Additional information: Estimated value is between PS500,000,000.00 - PS900,000,000.00

Renewal: Based on contact signature by Nov '23 and term end in May 2039, the duration of contract is for 15 years and 6 months. The associated train finance operating lease will have an maximum term of 12 years. Additional information regarding the term will be provided in the procurement documents.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0398e8
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001704-2023
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
Planning 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

66100000 - Banking and investment 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 20233 years ago
Submission Deadline
23 Feb 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FIRST TRANSPENNINE EXPRESS LIMITED
Contact Name
Stephen Stewart
Contact Email
stephen.stewart@firstrail.com
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
W2 1AF
Post Town
West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLD North West (England), TLE Yorkshire and The Humber, TLG West Midlands (England), TLM Scotland

Local Authority
Westminster
Electoral Ward
Hyde Park
Westminster Constituency
Cities of London and Westminster

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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