16-year lease for 37 Class 350/2 trains to replace Class 323 fleet.
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Northern Trains Limited intends to direct award a 16-year lease for 37 Class 350/2 electric multiple units to replace the current Class 323 fleet operating primarily in Greater Manchester. The lease includes an 8-year break option if reliability or availability targets are not met. The lessor will terminate the existing Class 323 lease early, with no increase in subsidy. The lease permits sub-leasing, assignment to a public sector operator, and modifications as required by law.
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