2019 Report details for project: InterCity Express Programme (IEP)

Project name: InterCity Express Programme (IEP) - there are 7 reports for this project: 2013, 2014, 2015, 2016, 2017, 2018, 2019
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Organisation: DFT (D9) - see all reports for this organisation
Report year: 2019 (data is from Sept 2018)
Category: Infrastructure - see all reports for this category
Description: Renewing the UK's high speed train fleet on the Great Western and East Coast. Through franchise competitions IEP is a key means to deliver the passenger benefits including more capacity, improved reliability, reduced journey times, and better environmental performance.
DCA (RAG): Amber/Red
DCA text: This project had an Amber/Red IPA DCA rating in Q2 18/19. Since this time the Department and delivery partners have agreed a revised schedule for delivery of East Coast trains into service. The first train is now expected to enter into service in on 15 May 2019. A fortnightly delivery board and weekly taskforce continue to oversee delivery.
Start date: 2005-06-01
End date: 2020-02-06
Schedule text: Following acceptance of the final unit in December 2018, all trains are now operating in passenger service on the Great Western Mainline. On the East Coast Mainline, the Department continues to work with delivery partners to ensure trains enter service on the London-Leeds/Hull routes on 15 May 2019. The phased roll-out of the remainder of the 65 trains on the East Coast Mainline is expected to last until mid-2020.
Baseline: £120.10m
Forecast: £154.90m
Variance: 29.00%
Variance text: Some additional investment in infrastructure and train modifications have been required to facilitate trains entering into service. The majority of these costs will be met by Hitachi/Agility Trains Ltd, but the final cost will not be confirmed until the Heads of Terms agreement from 3 March 2019 is contractualised (expected June 2019).
Whole Life Cost: £6,583.25m
WLCost text: The majority of this cost is Set Availability Payments to be made by train operating companies to Agility Trains Ltd over 27.5 years of the IEP contract to cover the use of Hitachi's trains and rolling stock maintenance. It also includes expenditure on Network Rail enhancements to facilitate Intercity Express Train operations. Reduction in operating cost forecast as Great Western Mainline electrification programme advances.
Notes1: Intercity Express Programme
Notes2:
Sourcefile: None

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.