OREANDA-NEWS. Russian Railways has officially announced an open tender to select leasing companies to supply rolling stock for the needs of Russian Railways in 2007 worth 17,42 billion roubles.

The Company want to lease passenger coaches worth 6,3 billion roubles, freight half-wagons worth 4,3 billion roubles, electric trains worth up to 2,22 billion roubles, road-rail buses worth up to 1,35 billion roubles, diesel trains worth up to 0,3 billion roubles, electric locomotives up to 1,85 billion roubles and locomotives worth up to 1,1 billion roubles. The selection of the producer will be made by Railways.

According to the conditions of the tender, applicants had to deposit 1% of the total sum. The advance to the lessor is 30% of the cost of the objects to be leased. The cost amounts to 8,7% per annum. The leasing period will be between 5 to 8 years, depending on the leased objects.

Closed envelopes with the applications will be on 31 May, the decision about admission to the tender will be made on 9 June, and the results announced on 18 June