Financing Of Rolling Stock

Concepts

• financial leasing
• northern trains limited
• financing
• financing of rolling stock
• northern trains
• northernrailway
• northern of their intention
• expression of interest
• light of our obligations
• extra services

Location

North East England: Trains will be used across the Northern Trains Franchise

Description

This procurement is to provide Northern Trains Limited (Northern) with financing for the acquisition of 20 Class 195 hybrid multiple units.Suppliers who wish to make an expression of interest should notify Northern of their intention by using In-Tend system, or if this is not possible by email to phil.denson@northernrailway.co.uk.Suppliers will be issued with a Memorandum of Information (MOI) detailing a high-level summary of the proposed scope and a summary of the procurement process. In addition, suppliers will be issued with a Pre Qualification Questionnaire (PQQ) that Northern will use to determine their suitability for this procurement.

Total Quantity or Scope

Northern Trains Limited (Northern) provides 2,800 local and regional train services every day across the north of England, serving a population of nearly 15 million. There are now 108 million passenger journeys made on our network each year and we employ over 6,500 people. This makes Northern the second largest train operator in the UK. Since 2016 we have been modernising to improve our customers' experience by:• removing Pacer trains• introducing 101 brand new trains• providing more than 2,000 extra services each week• enhancing depots• improving infrastructure through gauge clearances and lengthening platforms• improving ticketing and retailingFrom 1 March 2020 we came under public ownership and became Northern Trains Limited, asubsidiary of the Department for Transport's own agency, DfT OLR Holdings (DOHL). We continue to trade under the name of Northern. In light of our obligations under Utility Contract Regulations (UCR) 2016 we are looking to procure the financing of up to 20 Class 195 Hybrid Trains For use on our network.Suppliers who wish Suppliers who wish to make an expression of interest should notify Northern of their intention by using the In-Tend Systemor if that is not possibleby email to phil.denson@northernrailway.co.uk.Suppliers will be issued with a Memorandum of Information (MOI) detailing a high-level summary of the proposed scope and a summary of the procurement process. In addition suppliers will be issued with a Pre Qualification Questionnaire (PQQ) that Northern will use to determine their suitability for this procurement.Suppliers should note that the expected procurement timetable is as follows:- Registration of interest, completed pre-qualification questionnaire, and confidentiality agreement deadline - 14/02/22- Invitation to Negotiate issued - 25/02/22- Bid submission deadline - 28/03/22

Renewal Options

The OLA will have an initial term of either a 10, 15 or 20 year initial term with the opportunity to extend this agreement for a subsequent term.Additional information regarding the initial term and any extension is provided in the procurement documents.

CPV Codes

• 66114000 - Financial leasing services

Indicators

• This is a one-off contract (no recurrence)
• Renewals are available.
• Professional qualifications are sought.

Other Information

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