- Type
- award, contract
- Procedure
- Direct award
- Ref. number
- 065810-2026
- Estimated value
- 222,022,200 GBP
Intention to direct award a 16-year lease of a fleet of 37 Class 350/2 electric multiple units to replace the current Class 323 electric multiple unit fleet which Northern Trains Limited ("Northern") lease and operate on…
the Northern Network, primarily in the Greater Manchester area. The lease will include an ability for Northern to break the lease after 8 years (in August 2034) where the rolling stock fails to meet performance targets in respect of reliability and availability.
As part of the proposed leasing o
f the class 350 fleet, Northern have also agreed with the lessor that the lessor will agree to the termination of the lease by the same lessor of a fleet of 34 class 323 electric multiple units early, allowing the class 350 fleet to be subs