TenderlineUK
Procurement Intelligence
Official OCDS
Find a Tender
active
Official procurement procedure

Financing of new Rolling Stock for Southeastern and associated introduction costs

Financial leasing services
Published value
Not published
Submission deadline 9 Dec 2022, 17:00 GMT
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: SE TRAINS LIMITED: "Financing of new Rolling Stock for Southeastern and associated introduction costs". Published status: active. Published value: Value not published. 1 published lot. Recorded submission deadline: 9 Dec 2022, 17:00 GMT. See the official notice for participation instructions.
Contracting AuthoritySE TRAINS LIMITEDScope & CategoriesNot publishedSubmission Window
Closed
9 Dec 2022, 17:00 GMT
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: SE TRAINS LIMITED
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for SE TRAINS LIMITED. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
2.8Bids / Report
25% of reports have one bid
Supplier ConcentrationLow Concentration
ETRAC LIMITEDTop vendor: 18.6% of attributable value
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 24 active published awards; 4 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
Supplier NameHistoric AwardsAttributable GBP Value
ETRAC LIMITED1 win£1,200,000
T P MATRIX LIMITED1 win£1,000,000
MTMAS LIMITED1 win£944,575
Matador Company (The)2 wins£637,568
Applied inspection1 win£616,000
Procedure terms
Contracting AuthoritySE TRAINS LIMITED
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published8 Nov 2022, 18:37 GMT
Last source update8 Nov 2022, 18:37 GMT
Recurring procurementNo
ClassificationFinancial leasing services
Delivery area
OCIDocds-h6vhtk-03803f
What is being bought
The overall objective of this procurement is cost reduction and cost avoidance, through securing the best medium and long-term value fleet solution for the benefit of taxpayers, the Department for Transport, Southeastern and ultimately, Southeastern's customers. We believe that this objective can be secured by procuring new trains to replace a significant quantity of Southeastern's ageing fleet and therefore avoiding the escalating maintenance, repair and leasing costs To meet this objective, the new fleet must be manufactured and introduced into full operational service by October 2027 The quantity of vehicles in the core order will be between 350 and 570, with an option for up to 70 additional vehicles (these quantities have been calculated using an assumed 20m vehicle length). The precise number in the core order will be determined once tenders for supply, financing and maintenance have been received and the business case for new trains is completed. The business case will inform and determine which fleet or fleets are to be replaced and therefore will determine the final quantity for the core order In addition, follow-on options may be sought, to allow the fleet to be increased over time, depending on recovery of demand post pandemic Bidders will be required to finance the acquisition of the units, spares and special tools, along with associated project and introduction costs, and enter into appropriate leasing arrangements Bidders should note that the rental profile should be level over the full asset life and hence may not include any balloon or stepped rentals
What changed
From the official release history
  1. Status changed to active
    8 Nov 2022, 18:37 GMT
  2. Official notice release published
    8 Nov 2022, 18:37 GMT
  3. Submission deadline changed to 9 Dec 2022, 17:00 GMT
    8 Nov 2022, 18:37 GMT
  4. Buyer information updated
    8 Nov 2022, 18:37 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published valueNot published
    SE Trains Limited (trading as Southeastern) is a UK train operating company serving stations in London, Kent and East Sussex. In order to support our strategy of cost reduction, as well as modernising and enhancing passenger experience, we have developed our rolling stock asset strategy and are now inviting expressions of interest for the supply and financing of new trains, associated equipment and associated maintenance support. Interested parties should register their interest in taking part, and to be eligible to receive further tender documentation during the process by responding on this survey link https://www.smartsurvey.co.uk/s/COZFZN/ Following the deadline for response to this notice, Southeastern will provide further communications to interested parties and will arrange a number of bidder engagement sessions before issuing an Invitation to Pre-Qualify (ITP) in 2023. The ITP stage of the procurement will focus on high level capability and previous experience financing rolling stock which will be evaluated to ensure only the most suitable bidders progress to the Invitation to Negotiate stage later in 2023 Tender documentation issued at ITP stage will be in a developed form but may be subject to amendment prior to the ITN being issued. Interested parties should note that Southeastern is undertaking parallel procurement activities for the manufacture and maintenance support of this rolling stock, as well as a further process for the leasing of existing Rolling Stock with a view to selecting one or a combination of options. Interested parties should also note that partaking in this procurement process may not result in any award and suppliers are taking part at their own cost and risk. The issue of the contract notice (or any other procurement document) does not have contractual effect or create any form of contract (implied or otherwise) between Southeastern and any other person Southeastern will not be liable, under any circumstances, for any bid costs, expenditure, work or effort incurred by a Bidder in proceeding with or participating in this procurement, including if the procurement process is terminated or amended at any stage prior to contract execution Southeastern reserves the right to amend, modify and/or add further stages to or terminate the process at any stage prior to contract execution
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    8 Nov 2022, 18:37 GMT
  2. Submission deadline
    9 Dec 2022, 17:00 GMT
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

SE TRAINS LIMITED

Contracting authority GB-COH-03266762
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published