Thameslink deal close to completion
Posted: 14 June 2013 | Department for Transport (DfT) | No comments yet
DfT has decided to award the £1.6 billion Thameslink rolling stock contract to a consortium led by Siemens…
DfT has decided to award the £1.6 billion Thameslink rolling stock contract to a consortium led by Siemens.
The deal to build 1,140 new carriages for use on the Thameslink rail line came a step closer to completion today (14 June 2013) as the Department for Transport confirmed its decision to award the £1.6 billion contract to a consortium led by train manufacturer Siemens.
Before the contract award can take place there will now be a pause known as the Alcatel standstill period which will last at least 10 days.
The £1.6 billion rolling stock project is part of a £6 billion upgrade to radically increase capacity and reliability on one of Europe’s busiest stretches of railway. A new interchange at Farringdon will also give Thameslink passengers access to Crossrail for east-west journeys across London.