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In deliveryUnited KingdomAdd to pipeline

Direct award of a Lease for Class 455 rolling stock

Awarded to PORTERBROOK LEASING COMPANY LIMITED

SOUTH WESTERN RAILWAY LIMITED(buyer)

Published
Published 11 May 2025
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Overview

South Western Railway Limited directly awarded a 3-year lease contract worth £46.2 million to Porterbrook Leasing Company Limited for up to 79 Class 455 four-car train units, with the ability to return units on one month's notice. The lessee maintains responsibility for all vehicle maintenance, and the lease includes provisions for transfer or sub-letting to third parties, a parallel direct agreement with the Secretary of State, and adjustments to monthly rentals for modifications funded by the lessor. The contract is now in delivery/complete as of May 2025.

Contracting authority

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Key details

Country
United Kingdom
Status
In delivery
Procedure
Direct
Published
11 May 2025
Classification (CPV)
Railway and tramway locomotives and rolling stock and associated parts

Award outcome

Awarded value
£46,200,000
Award date
8 May 2025
Contract period
24 May 2025 → 25 May 2030
Winner
  • PORTERBROOK LEASING COMPANY LIMITED

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Notice history

Every published notice in this contracting process, newest first.

  1. Contract Amendment

    22 August 2025

  2. Contract

    2 July 2025

  3. Contract

    12 May 2025

  4. Contract

    11 May 2025

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