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Agility Trains – Intercity Express Programme – Equib

Equib, invited by Hitachi, assisted the consortium in the bid for the IEP as the bid teams risk experts.

Project:

Agility Trains, is a consortium of Hitachi, Barclays Private Equity and John Laing; that were successful in bidding and securing a contract with the Department of Transport (DfT) to deliver the Intercity Express Programme (IEP). Under the IEP Agility Trains will deliver train services to Train Operating Companies at a fixed price for approximately 30 years using the IEP family of trains.

Services:

Equib, invited by Hitachi, assisted the consortium in the bid for the IEP as the bid teams risk experts. This included writing proposals in how ‘Agility Trains’ would:

• Manage its risk exposure during the life of the project

• Mitigate risk exposure, not only for Agility trains but for the DfT

• Partner with its stakeholders, and by working together improve efficiencies to reduce the overall cost of IEP