|By Marketwired .||
|November 20, 2013 03:42 AM EST||
BERLIN, GERMANY -- (Marketwired) -- 11/20/13 -- Bombardier Transportation is a member of the consortium that has been nominated as preferred tenderer by the Department of Transport and Main Roads of the Queensland Government in Australia to finalise the terms of a contract for the delivery of 75 new six-car trains, maintenance services for a period of around 30 years and construction of a purpose-built maintenance centre.
The consortium comprises four equity partners, Bombardier Transportation Australia, John Laing, ITOCHU Corporation and Uberior (Lloyds).
The Department of Transport and Main Roads will deliver the project, known as the New Generation Rollingstock project, in partnership with Projects Queensland. Queensland Rail will provide technical expertise to integrate the new trains with the existing network.
The project will be financed by the private sector using an availability payment public-private partnership finance option, with the same model used successfully for Australia's Gold Coast Rapid Transit.
The contract is expected to be awarded in December 2013. Testing of the first completed train is expected to commence approximately two years from contract award.
About Bombardier Transportation
Bombardier Transportation, a global leader in rail technology, offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. BOMBARDIER ECO4 technologies - built on the four cornerstones of energy, efficiency, economy and ecology - conserve energy, protect the environment and help to improve total train performance for operators and passengers. Bombardier Transportation is headquartered in Berlin, Germany, and has a very diverse customer base with products or services in more than 60 countries. It has an installed base of over 100,000 vehicles worldwide.
Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America Indexes. In the fiscal year ended December 31, 2012, we posted revenues of $16.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.
Note to Editors
For news releases, related material and photos, visit our media centre at www.bombardier.com/en/media-centre.html.
Follow Bombardier Transportation on Twitter @BombardierRail.
BOMBARDIER and ECO4 are trademarks of Bombardier Inc. or its subsidiaries.
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