In-house bid team and DB Regio shortlisted for Nexus Metro contract

Final bids for the seven to nine year contract will be submitted in January 2010

Final bids for the seven to nine year contract will be submitted in January 2010

Nexus, the Tyne & Wear PTE which owns, manages and is modernising the Tyne & Wear Metro system, today announced the names of the final two bidders shortlisted for a contract to operate trains and stations on its behalf.

Nexus will now seek to establish the ‘best of the best’ by asking each to revise and confirm their proposals over the next two months.

Creating an operating concession of the highest quality will unlock more than £300m of government capital funding -...