Financing of Depot Works for West Midlands Trains

Concepts

• financing of depot
• tyseley depot
• west midlands
• birmingham
• financial leasing
• west midlands trains
• financing of depot construction
• scope of work
• financing of depot works
• above depot

Location

West Midlands England: Tyseley, Birmingham

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. The financing arrangements for the above depot is being procured by West Midlands Trains on behalf of the Department for Transport and will cover a period of 35 years from commencement of the initial lease payment. The financing arrangements for the above depot will have the facility to be assigned in the future to West Midlands Trains successor operator of the depot as required.

Total Quantity or Scope

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. Circa £44m of depot works are required to accommodate the stabling and maintenance requirements of the new CAF diesel Class 196 fleet of which circa £20m is expected to have been expensed by 31 March 2023, leaving circa £24m to be funded from 1 April 2023 onwards. Additional information: Interested parties should contract the named person by email at Section I.1 to register interest and request the Prequalification Questionnaire which shall be required to be completed by the time limit for receipt of expressions of interest at Section IV.2.2 Scoring Matrix The PQQ scoring will be as follows:- SCORE GIVEN - QUALITATIVE GUIDANCE - SHORT GUIDANCE 0 - Question not answered or answer is irrelevant. - Not answered/irrelevant. 1 - Weak : Insufficient information to enable evaluation or contains major shortcomings or errors to make it non-complaint. - Worst in class/errors in submission. 2 - Below Satisfactory : partially complaint answer but with obvious deficiencies. Brief or incomplete answers with little or no supporting detail or wholly generic answer. - Below industry standard. 3 - Satisfactory : Answer meets the minimum requirements but lack convincing supporting detail to give confidence that they will meet requirements. Some attempt to provide relevant answers not generic. - In line with industry standard. 4 - Good : Thorough response with relevant supporting detail and evidence to give confidence that the requirements will be met. Tailored answers. - Above industry standard. 5 - Excellent : Comprehensive and well-structured response with excellent supporting evidence. Wholly bespoke for the protect and demonstrates exceptional understanding of the requirements. - Market leading. SCORING PROCESS Where Yes is the required answer: YES = PASS NO = FAIL WMT will assess additional information provided by the interested parties who select NO, but have additional information to justify their selection. Where NO is the required answer NO = PASS YES = FAIL WMT will assess additional information provided by the interested parties who select YES, but have additional information to justify their selection.

CPV Codes

• 66114000 - Financial leasing services

Indicators

• Variant bids may be considered.
• This is a one-off contract (no recurrence)
• Renewals are not available.
• Professional qualifications are sought.

Other Information

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