Competition with a shortlist
Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.
Key facts
- Buyer
- London North Eastern Railway Ltd. · Body governed by public law
- Suppliers
- Not named
- Value
- Not published
- Procedure
- Negotiated procedure with prior call for competition
- Sector
- Financial & insurance services · Financial leasing services (CPV 66114000)
- Region
- Yorkshire and the Humber
- Official notice
- 035939-2023 on Find a Tender
- Timeline
-
- Contract date8 Nov 2023
- Published6 Dec 2023Published 28 days after the contract date
Description
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.