Regulator blocks Latvian rail company from closing €225mn electric train deal

Regulator blocks Latvian rail company from closing €225mn electric train deal
By bne IntelliNews January 29, 2019

Latvia’s Public Procurement Monitoring Bureau has blocked passenger rail company Pasazieru Vilciens’ acquisition of 32 electric trains in a €225.3mn deal announced in November 2018. 

The regulator said on its website that the move was made following appeals by two companies that participated in the tender, which was won by Spain’s Patentes Talgo S.L.U.. 

Pasazieru Vilciens was instructed to correct “flaws” identified in the procurement procedure and to reassess the four bids submitted. 

In addition to Talgo, the company received bids from rival Spanish company Construcciones y Auxiliar de Ferrocarriles S.A. (CAF), Poland's Stadler Polska Sp. z.o.o. and Czech Skoda Vagonka a.s. CAF and Skoda Vagonka submitted the appeals. 

In its bid, Talgo had offered to supply 32 trains with 450 passenger seats each, and to deliver them over the period 2020-2023.

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