Financing of Rolling Stock

A Tender Notice

Find a Tender
Contract (Services)
8 year
11 May 2021
To 26 Apr 2029 (est.)
07 Jun 2021 15:00



United Kingdom:

Geochart for 1 buyers and 0 suppliers


LNER has commenced a procurement process with potential manufacturers for the design, manufacture, testing and supply (and associated maintenance activities) of a fleet of ten (10) InterCity trains (the “Base Order Units”), owner owned spares, special tools, simulator hardware and technical information, mock-ups (together the “Leased Equipment”) and depot works, with an option to procure up to an additional five (5) trains (“Option Units”) for use on the East Coast Franchise. The trains will provide LNER with additional capacity to accommodate future growth and have performance characteristics that enable the fleet to be timetabled effectively amongst modern InterCity trains. The trains shall be fully rated for operation on 25 kV overhead line equipment and have significant self-power capability for operation on non-electrified sections of the network and over non-electrified diversionary routes, increasing the flexibility of LNER’s fleet and the ability to provide uninterrupted services during engineering works. The subject of this contract notice is the procurement of financing for the Base Order Units and Option Units, if any, Leased Equipment, depot works and LNER’s project costs by way of an Operating Lease Agreement (OLA) through a qualified provider of rolling stock operating leasing solutions.

Total Quantity or Scope

LNER 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). This procurement and all communication with suppliers will be managed electronically via LNER’s Proactis system. To participate in this procurement, suppliers must register an interest on the Proactis system by 07/06/2021 at 16.00. If suppliers are not yet registered on Proactis, this can be done online at: Suppliers must allow sufficient time to register an interest in this procurement. Once registered on the Proactis system, suppliers can register interest for a specific procurement. This is done by looking at the opportunities section and clicking Register Interest. Suppliers are required to confirm the registration of interest by looking at the notifications section and clicking Submit. The registered supplier will receive an on-screen notification to alert them once this has been completed. As a user of the Proactis system, the supplier will have access to the Proactis messaging function which facilitates all messages sent to the supplier, and from the supplier, in relation to this procurement. It is the supplier's responsibility to access these messages on a regular basis to ensure they have sight of all relevant information applicable to this procurement. Once registered, suppliers must download the pre-qualification questionnaire, complete and upload on to the Proactis system via the messaging function by 07/06/2021 at 16.00. Suppliers will be shortlisted on the basis of their response to the pre-qualification questionnaire. Suppliers are also required to download the confidentiality agreement, complete and upload on to Proactis system via the messaging function by 07/06/2021 at 16.00. For technical assistance relating to use of the Proactis system, please contact the supplier support helpdesk on: Suppliers will be presented with a series of screenshots showing the different supplier portals supported and should pick the one that looks like the system they are having difficulty with — this is the supplier network. Suppliers should note that it is not necessary to log in, simply click Submit a Ticket, and on the next screen, click Next, it will then direct the supplier to the ticket logging screen. Suppliers should complete all the boxes with as much information as possible and include a contact telephone number for the helpdesk. Alternatively, suppliers can email to automatically log a ticket for the system. For any critical and time sensitive issues, supplier support can be reached on +44330 0050352, however it is recommended that a ticket is logged using the above method(s) prior to calling so that the team has ample time to review the issue. Suppliers should note that the expected procurement timetable is as follows: Registration of interest, completed pre-qualification questionnaire and confidentiality agreement deadline: 07/06/2021 at 16.00 Invitation to negotiate issued: 22/06/2021 Bid submission deadline: 31/08/2021 at 12.00

Renewal Options

The OLA will have an initial term of 8 years and may be extended by LNER on multiple occasions provided that the aggregate duration of all of the extensions shall not exceed 8 years. Additional information regarding the initial term and any extension is provided in the procurement documents.

CPV Codes

  • 66114000 - Financial leasing services


  • This is a one-off contract (no recurrence)
  • Renewals are available.
  • Financial restrictions apply.
  • Technical restrictions apply.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** Further to section II.1.5 and II.2.6, the estimated maximum value of the OLA is between £200,000,000 and £500,000,000 based on LNER's assessment at the time of this contract notice and on the basis of the option to extend is exercised for the maximum 8 year period (see further detail in section II.2.7).