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

Financing of Rolling Stock

Financial leasing services
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: London North Eastern Railway Limited: "Financing of Rolling Stock". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityLondon North Eastern Railway LimitedScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: London North Eastern Railway Limited
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for London North Eastern Railway 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
Not availableNo published reports
Bid counts are not published for this buyer
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 1 active published awards; 0 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 Unpublished data stays unknown.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.
Procedure terms
Contracting AuthorityLondon North Eastern Railway Limited
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published6 Dec 2023, 13:50 GMT
Last source update6 Dec 2023, 13:50 GMT
Recurring procurementNot published
ClassificationFinancial leasing services
Delivery area
UK
OCIDocds-h6vhtk-02af4f
What is being bought
LNER 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 for the use on the East Coast franchise. There was also an option to procure up to an additional five (5) trains (the "Option Units"). 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 25kV overhead line equipment and have 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.
What changed
From the official release history
  1. tender value changed
    6 Dec 2023, 13:50 GMT
  2. Status changed to complete
    6 Dec 2023, 13:50 GMT
  3. Official notice release published
    6 Dec 2023, 13:50 GMT
  4. Submission deadline changed to published date
    6 Dec 2023, 13:50 GMT
  5. Buyer information updated
    6 Dec 2023, 13:50 GMT
  6. Published value updated to £500,000,000
    11 May 2021, 09:40 BST
  7. Status changed to active
    11 May 2021, 09:40 BST
  8. Official notice release published
    11 May 2021, 09:40 BST
  9. Submission deadline changed to 7 Jun 2021, 16:00 BST
    11 May 2021, 09:40 BST
  10. Buyer information updated
    11 May 2021, 09:40 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    The subject of the procurement was financing for the Base Order Units, 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. Further detail is set out in Section II.1.4. LNER chose to run the procurement under the negotiated procedure with a prior call for competition under regulation 47 of the Utilities Contracts Regulations 2016. The successful financier was chosen on the basis of the most economically advantageous bid based on the award criteria set out in the procurement documents.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    6 Dec 2023, 13:50 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 8 Nov 2023, 00:00 GMT · Not published
Commercial outcome and competition
Awards
Financing of Rolling Stock
Not published · Not published · active
Contracts
Financing of Rolling Stock
Not published · signed 8 Nov 2023, 00:00 GMT · active
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

London North Eastern Railway Limited

Contracting authority GB-COH-045659712
View buyer profile

  • London North Eastern Railway Limited
    buyer

    GB-COH: 045659712
    West Offices, Station Road, York, UK, YO1 6GA
    RSProcurement@lner.co.uk

  • High Court of England and Wales
    reviewBody

    Strand, London, WC2A 2LL
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published