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.
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