London-Exeter Railway Line: Rolling Stock

(asked on 8th July 2021) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, with reference to the Answer of 17 January 2020 to Question 1751 on London-Exeter Railway Line: Rolling Stock, whether he has exercised the call option over the leasing costs of the 36 Eversholt Rail funded class 802 bi-modes operating on the West of England route of the Great Western Region; and whether the discussions with the incumbent operator to secure the best price for all train leases for the existing train fleet have concluded.


Answered by
Chris Heaton-Harris Portrait
Chris Heaton-Harris
This question was answered on 13th July 2021

The Call Option was exercised by the Department. However, further commercial discussions with the rolling stock leasing companies (ROSCOs) led to a revised improved offer which enabled the Call Option to be withdrawn.

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