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
Secretary of State for Northern Ireland
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with the rolling stock leasing companies (ROSCOs) led to a revised improved offer which enabled the Call Option to be withdrawn.

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