Direct award of a Lease for Class 455 rolling stock

South Western Railway Limited
London
Direct award
25 May 2025 to 25 May 2030

Leasing of up to 79 x 4-car Class 455 rolling stock units. The contract includes provisions for unit hand-back on one month's notice, rental adjustments for lessor-funded modifications, and a direct agreement with the Secretary of State allowing for a potential new contract upon termination or expiry of the primary services agreement.

Open the official notice

Awarded value: £46.2m; As published
Published: 11 May 2025
Awarded: 25 May 2025; Porterbrook
Contract length: 60 months; Ends 25 May 2030

What the contract covers

Lease

Provision of rolling stock leasing services for rail operators, including flexible unit management and associated direct agreement obligations.

Lease of up to 79 x 4-car units of Class 455 rolling stock

Terms and requirements

Contract type: Lease
Procedure: Direct award
Initial term: 36 months
Contract dates: 25 May 2025 to 25 May 2030
Certifications asked for: None stated
Lots: 1
Suitable for SMEs: Not stated
CPV codes: 34600000

Services in this contract

Rolling stock and locomotive leasing and hireMain service£78m typicalThree year lease of up to 79 Class 455 four-car units

Lifecycle

Published
11 May 2025
Contract awardedto Porterbrook
25 May 2025
Contract starts
25 May 2025
Contract ends
25 May 2030

The buyer

South Western Railway Limited

Type: Locked
Contracts, 24 months: Locked
Recorded value: Locked
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Rolling stock leasing contracts, 24 months: Locked

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The supplier

Porterbrook

Contracts won, 24 months: Locked
Value won, 24 months: Locked
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Main buyers

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Cite this contract

Link: https://bidskim.com/tender/321467/direct-award-of-a-lease-for-class-455-rolling-stock
Buyer reference: Not published
Open contracting ID: ocds-h6vhtk-051055
Last checked: 5 November 2026

South Western Railway Limited. Direct award of a Lease for Class 455 rolling stock. Contract award, 11 May 2025. BidSkim, https://bidskim.com/tender/321467/direct-award-of-a-lease-for-class-455-rolling-stock (accessed 5 November 2026).