Extension of Lease Agreement with Nuclear Transport Solutions (NTS) for the Class 68 Locomotives already operated on the TPE rail network.

Description

The Contracting Authority intends to extend the Lease Agreement with Nuclear Transport Solutions (NTS) for the Class 68 Locomotives in accordance with Regulation 50(1)(c)(ii) of the Utilities Contract Regulations 2016 for technical reasons. There is no other UK based fleets available in sufficient quantities or within the requisite timeframe to meet TPE's needs for the National Rail Contract. TPE intend to award a Lease Agreement extension with Nuclear Transport Solutions (NTS) for the Class 68 Locomotives, the current Lease Agreement expires in May 2023 and it is intended to extend the lease until May 2024. The Contracting Authority will observe a 10 day standstill period from the date of issue of this notice prior to entering into the lease extensions with Nuclear Transport Solutions (NTS). The Standstill Period will end on 11th April 2023.