Lord Berkeley – 2014 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Lord Berkeley on 2014-05-06.

To ask Her Majesty’s Government what will be the additional annual cost at 2014 prices of the further tranche of Intercity Express Programme electric trains for the Intercity East Coast Franchise under the contract signed on 16 April.

Baroness Kramer

In April 2014 financial and commercial close was reached for the full fleet of trains for the East Coast Main Line (ECML). The net present value (NPV) of the deal was £2.7bn in 2009 prices.

It is not possible to disaggregate the different elements of the ECML fleet as the contract was completed for the full fleet. All figures for the Programme are presented in 2009 prices to allow comparison, it is therefore not possible to provide any figures in 2014 prices.