Shortlisted bidders revealed for £360m Tyne and Wear rolling stock deal
Nexus, which runs the Tyne and Wear Metro, has announced a shortlist of bidders in the running for the £360m contract to build and maintain the network’s new rolling stock.
Nexus has now begun detailed negotiations with all bidders, with a preferred supplier to be announced by the end of the year. The first of the 42-train fleet is scheduled to be in service by the end of 2021.
The five shortlisted bidders include four well-known train manufacturers in the country – Bombardier, CAF, Hitachi and Stadler – as well as a new player, Downer EDI Rail Pty Ltd (a joint venture between Australia-based Downer EDI Rail and China-based CRRC Changchun Railway Vehicles).
Nexus has already secured £337m towards the overall £362m cost of designing and building the new fleet. This and the ongoing maintenance over 35 years brings the contract up to around £500m. Shortlisted bidders revealed for £360m Tyne and Wear rolling stock deal