PARLIAMENTARY WRITTEN QUESTION
Rolling Stock: Procurement (1 May 2024)

Rolling stock assets have an expected operational lifespan of between thirty to thirty-five years exceeding the duration of the operating contracts currently in place with train operators.

These long-term investments made by the rolling stock owners passes risk from the Government to the private sector. It also means that such capital does not need to be spent by the Government on rolling stock but can be invested elsewhere in infrastructure such as schools, prisons and roads.

Train manufacturing is a competitive, commercial market in which there can be no guarantee of orders to individual manufacturers. All contracts need to be assessed thoroughly to demonstrate a business need for the trains and comply with the law.