AWARD OUTCOME
What happened
Transpennine Trains Limited has published an award notice naming ROCK RAIL TPE PLC for financing, ownership and leasing of new passenger-train units, associated equipment and asset-management services.
Published outcomeOne active award is recorded to ROCK RAIL TPE PLC, valued at £1,102,317,522. The award record gives a period from 8 September 2026 to 8 September 2042.
Market significanceThis is a high-value, long-term rail rolling-stock financing and leasing award in the UK passenger rail market.
AWARDED SUPPLIERS AND LOTS
1 supplier record analysed
ROCK RAIL TPE PLC
99% confidenceAward ocds-b5fd17-408c18ef-cc0f-454e-8e70-82b386b160f5-1 · 1102317522 GBP · active
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The active award names Rock Rail TPE Plc as supplier; supplier verification provides the verified legal name ROCK RAIL TPE PLC (company number 17274296). The award value is £1,102,317,522.
LIFECYCLE
Award or contract stage
Notice stage
99% confidenceAward notice published
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The source labels the notice "Awarded contract notice on Contracts Finder" and the release is tagged "award".
Award status
99% confidenceActive
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Award ocds-b5fd17-408c18ef-cc0f-454e-8e70-82b386b160f5-1 has status "active".
Award date
98% confidence8 September 2026
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The award record date is 2026-09-08T00:00:00+01:00.
Contract signature
99% confidenceUnknown
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No explicit signature or contract-conclusion field is supplied.
VALUES
Published values explained
Award value
99% confidence£1,102,317,522
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The award record specifies value.amount 1102317522 and currency GBP.
Value allocation
95% confidenceAllocated to the single recorded award
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One award and one supplier are supplied; no lots are listed.
TIMELINE
Procurement timeline
Tender submission deadline
98% confidence8 September 2026
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Tender period endDate is 2026-09-08T00:00:00+01:00.
Award date
98% confidence8 September 2026
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The award date is 2026-09-08T00:00:00+01:00.
Published award notice
99% confidence9 October 2026
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The award notice document datePublished is 2026-10-09T15:30:04+01:00.
Stated contract period
98% confidence8 September 2026 to 8 September 2042
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The award contractPeriod gives startDate 2026-09-08T00:00:00+01:00 and endDate 2042-09-08T23:59:59Z.
SCOPE
What was awarded
Procurement title
99% confidenceThe financing of New Trains for TransPennine Trains Limited
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Title supplied in the process and tender records.
Requirement
99% confidenceFinance, own and lease new passenger-service units, associated equipment, and provide asset-management services.
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Tender description states that TPE sought an Owner for financing, ownership and leasing of the Units and Associated Equipment, alongside asset-management services.
Primary classification
99% confidenceCPV 66114000 — Financial leasing services
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The tender classification identifies CPV 66114000.
Delivery region
95% confidenceScotland, United Kingdom
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Tender item 1 lists Scotland as the delivery region.
PROCEDURE
Procedure and competition
Procurement method
99% confidenceSelective
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The tender procurementMethod is "selective".
Procedure detail
99% confidenceNegotiated procedure
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The tender procurementMethodDetails field states "Negotiated procedure".
Competition information
99% confidenceNumber of tenders and evaluation results unknown
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Information not supplied in the published notice data.
CONTRACT TERMS
Published contract terms
Stated period
97% confidence16 years
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The stated period runs from 8 September 2026 to 8 September 2042.
Start date
98% confidence8 September 2026
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The award contractPeriod startDate is 2026-09-08T00:00:00+01:00.
End date
98% confidence8 September 2042
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The award contractPeriod endDate is 2042-09-08T23:59:59Z.
Extension or renewal terms
99% confidenceUnknown
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Information not supplied in the published notice data.
COMMERCIAL VIEW
Commercial observations
Commercial model
99% confidenceRolling-stock financing, ownership and leasing with asset-management services
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The tender description expressly includes financing, ownership, leasing and asset-management services.
Market relevance
94% confidenceThe requirement combines long-term asset finance with rolling-stock asset management.
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The scope and stated 16-year period support this characterisation.
Award rationale
99% confidenceUnknown
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No award rationale, scoring, pricing breakdown or comparative tender information is supplied.
DATA QUALITY
Gaps and source limitations
Award versus concluded contract
99% confidenceThe source supports an active award and stated contract period, but does not explicitly confirm that a contract was signed.
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The notice is an award notice; no signature or conclusion field is provided.
Published information coverage
99% confidenceLot titles, unit quantities, pricing breakdown, evaluation results, tender count, and extension terms are not supplied.
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Information not supplied in the published notice data.
Date relationship
99% confidenceThe stated award date and contract start date are both 8 September 2026, while the award notice was published on 9 October 2026.
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Award, contract-period and document publication fields provide these dates.
SOURCE DATA LIMITATIONS
Information not supplied in the published notice
- The published data does not explicitly confirm contract signature or conclusion; it supports an active award only.
- No lot structure or individual lot allocation is supplied.
- Information on bids, evaluation, award rationale, price composition, unit volumes and extension options is not supplied.
- The stated award date and contract start date precede the award notice publication date by about one month; the source provides no explanation.
MARKET THEMES
Relevant award themes
Transpennine Trains LimitedROCK RAIL TPE PLCnew trains financingrolling stock leasingfinancial leasing servicesrail asset management
COMMON QUESTIONS
About this award
Who was named in the TransPennine new trains financing award?
ROCK RAIL TPE PLC was named as the supplier in the single active award record.
What is the stated value of the award?
The award record states £1,102,317,522.
What services does the award cover?
It covers financing, ownership and leasing of new train units and associated equipment, plus asset-management services.
Is a signed contract confirmed?
No. The source publishes an active award notice and a stated contract period, but does not explicitly confirm signature.
ProcuraAxis award analysis supplements, but does not replace, the official award notice, contract data or procurement documents. “Awarded” does not by itself prove that a contract has been signed.