BidSkim
Free report
Get rolling stock leasing tenders every morning
Contract awardedRolling stock leasing

Direct award of a Lease for Class 701 rolling stock

Lease of 60 x 10-car units and 30 x 5-car units of Class 701 rolling stock, including associated spares and special tools. The contract includes provisions for potential transfer or sub-letting to third parties and a direct agreement with the Secretary of State allowing for a potential follow-on contract of up to 3 years. The lessee is responsible for all vehicle maintenance, with rental adjustments permitted for specific lessor-funded modifications.

Open the official notice (opens in a new tab)
Awarded value
£494m
As published
Published
11 May 2025
Awarded
25 May 2025
Rock Rail South Western plc
Contract length
60 months
Ends 25 May 2030

What the contract covers

Lease

Provision of rolling stock leasing services, including supply of train units, related spares, and specialist maintenance tooling for rail operators.

  • Lease of 60 x 10-car units and 30 x 5-car units of Class 701 rolling stock
  • Provision of related spares and special tools

Terms and requirements

Contract type
Lease
Procedure
Direct award
Initial term
60 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

Lifecycle

  1. Published
  2. Contract awardedto Rock Rail South Western plc
  3. Contract starts
  4. Contract ends
The buyer

South Western Railway Limited

Type
Locked
Contracts, 24 months
Locked
Recorded value
Locked
Typical contract
Locked
Rolling stock leasing contracts, 24 months
Locked
Buys mostLocked
Contact details
Email
Locked
Address
Locked
See everything South Western Railway Limited buys
The supplier

Rock Rail South Western plc

Contracts won, 24 months
Locked
Value won, 24 months
Locked
Buyers, 24 months
Locked
Size
Locked
Companies House number
Locked
Main buyersLocked
Contact details
Email
Locked
See everything Rock Rail South Western plc has won

Similar rolling stock leasing contracts and prices

4 rolling stock leasing contracts were awarded in London in the last 24 months. See who won them and what they went for, next to this one.

See who won them →

Cite this contract

Link
https://bidskim.com/tender/321468/direct-award-of-a-lease-for-class-701-rolling-stock
Buyer reference
Not published
Open contracting ID
ocds-h6vhtk-051056
Last checked
5 November 2026

South Western Railway Limited. Direct award of a Lease for Class 701 rolling stock. Contract award, 11 May 2025. BidSkim, https://bidskim.com/tender/321468/direct-award-of-a-lease-for-class-701-rolling-stock (accessed 5 November 2026).