Scope
Description
Direct award of a 3 year contract for the leasing of up to 79 x 4 car units of Class 455 rolling stock with the ability to hand back units on 1 month's notice . The lease of the rolling stock is on the basis that the contracting authority (rather than the supplier) is responsible for all maintenance of the vehicles.
The Lease also contains a right to transfer or sub-let the contract to certain third parties and an obligation for the supplier to enter into a direct agreement with the Secretary of State in parallel to the Lease. The direct agreement permits the Secretary of State to call for a New Contract in the event of the termination or expiry of the contracting authority's services agreement with the Secretary of State. The duration of the New Contract would typically be up to 3 years and the terms of the New Contract and the circumstances in which the direct agreement can be relied upon are all unambiguously set out in the direct agreement. The Lease also contains provisions addressing adjustments to monthly rentals on the basis specified in the Lease if certain modifications to the rolling stock are required which are to be funded by the Lessor. In the event that the contract is transferred or sub-let to a third party, a direct agreement is relied upon by the Secretary of State or modifications to the rolling stock are required and are to be funded by the Lessor, it is considered that these would be permitted modifications provided for in the contract.
Contract 1
Supplier
Contract value
- £46,200,000 excluding VAT
- £55,440,000 including VAT
Above the relevant threshold
Award decision date
9 May 2025
Standstill period
- End: 21 May 2025
- 8 working days
Earliest date the contract will be signed
24 May 2025
Contract dates (estimated)
- 25 May 2025 to 25 May 2030
- 5 years, 1 day
Main procurement category
Goods
CPV classifications
- 34600000 - Railway and tramway locomotives and rolling stock and associated parts
Contract locations
- UKI - London
- UKJ - South East (England)
- UKK - South West (England)
Procedure
Procedure type
Direct award
Special regime
Utilities
Supplier
PORTERBROOK LEASING COMPANY LIMITED
- Companies House: 02912662
- Public Procurement Organisation Number: PHLC-1249-XGJV
Ivatt House 7 The Point
Derby
DE24 8ZS
United Kingdom
Region: UKF11 - Derby
Small or medium-sized enterprise (SME): No
Voluntary, community or social enterprise (VCSE): No
Supported employment provider: No
Public service mutual: No
Contract 1
Contracting authority
SOUTH WESTERN RAILWAY LIMITED
- Companies House: 03266760
- Public Procurement Organisation Number: PQHL-7495-VCQT
Great Minster House 4th Floor, Public Ownership Programme Team
London
SW1P 4DR
United Kingdom
Region: UKI32 - Westminster
Organisation type: Public undertaking (commercial organisation subject to public authority oversight)