The InterCity Express programme will provide sufficient new rolling stock to replace East Coast’s existing diesel High Speed Train fleet and to provide some additional capacity. This rolling stock is due to enter service on a phased basis during 2018 and 2019. This phase of the programme has a net present value cost of £1.8 billion at 2009 prices, which includes the capital and maintenance costs for trains and depots for the duration of the 27.5 year contract.
The programme also includes an option for the Government to secure further electric carriages as a follow-on order. The Department is currently analysing the strategic options for replacing or upgrading the electric InterCity 225 stock, including the option under the InterCity Express programme. A decision on whether to exercise this option is due to be taken later this year.