• Most Popular
  • Most Shared

PFI - UK - Tender due on mega tram

Wed Nov 25, 2009 11:55am EST

Stocks

   

London, Nov 25 (Project Finance International) - The tender for the £400m plus line two Nottingham Express Transit (NET) light rail expansion scheme is due out within days. Bids will be due back in early May. The incumbent Bombarbier (BBDb.TO) led Arrow Rail team is expected to be bidding against an Alstom (ALSO.PA)/Vinci (SGEF.PA)/Keolis/Trent Barton team. It is possible a third team could be prequalified - Siemens (SIEGn.DE)/CAF. The scheme involves taking over the current network and building line two.

morrison@thomsonreuters.com


More from Reuters

Tea Party member Mike Kopczyk holds a sign during a rally marking the one-year anniversary of the movement in Troy, Michigan February 27, 2010. Some Tea Partiers say they can pinpoint the precise moment when they made it clear to the Republican Party they had no intention of being its lapdog. Picture taken February 27, 2010. REUTERS/Rebecca Cook

Special Report: Tea Partiers vs. Republicans

Tea Partiers want it known that they are not Republican Party lapdogs, but are they a fringe movement or a sleeping giant, awakened?  Full Article 

    Couple picks up the wedding ring during the Santo Antonio weddings in Lisbon's Cathedral

    Hedge fund matchmakers blue

    Unable to rid itself of the whiff of scandal, the rent-an-expert business for hedge funds must now deal with a dwindling clientele.   Full Article 

    Regulation
    A host shows off the back of Apple's new "iPad" in San Francisco, January 27, 2010. REUTERS/Kimberly White

    Once bitten, twice shy of Apple

    European carriers sacrificed profits to carry the iPhone. They won't make that same mistake with the iPad.   Full Article 

    technology