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| Source: | Find a Tender Service (FTS) |
| Notice Type: | Tender notice |
| Buyer: | GCRE Ltd |
| Main Category: |
| Services |
| Procurement Method: | Competitive dialogue |
| Tender Status: | Complete |
| Estimated Value (ex. VAT): | Not specified |
| Release Date: | 19 January 2023 |
| Application Deadline: | 28 February 2023 |
| Procurement ID (OCID): | ocds-h6vhtk-038790 |
| Notice Reference: | 001623-2023 |
All 2 notices for this procurement, oldest first.
Selection of an Investment Partner for the Global Centre of Rail Excellence
Earlier notices predate the Procurement Act 2023 (commenced 24 Feb 2025) and therefore don't carry UK1–UK17 codes.
GCRE Ltd (the "Company") is seeking a strategic investor to fund the Company. This is an investment and commercialisation opportunity in relation to the Global Centre of Rail Excellence ("GCRE"), a planned railway infrastructure and rolling stock testing, proving, demonstration and storage facility in South Wales, on a site of 700 hectares located within the Powys and Neath Port Talbot local authorities. GCRE is being developed by the Company, which is currently wholly owned by the Welsh Government. The strategic investor, which could be a single investor or a consortium of investors, will acquire a majority shareholding in and control of the Company (being a minimum of 51%).
Document pack· 1 file
Pipeline status
Not addedContract imported automatically · AI writes the response
Application Deadline
28 February 2023
Closed
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