Railways & Infrastructure

PwC’s Railways & Infrastructure team includes engineers, accountants, economists, bankers and former civil servants. The wide range of experience and skills enables us to help both our clients to address the major issues affecting the sector.

Delivering better value for money from the railways
We have supported bids for more than a ten rail franchises predominantly providing financial modelling expertise and assistance to evaluate various strategic options in order to deliver competitive bids. More recently, together with technical consultants Interfleet and Colin Buchanan, we reported to the McNulty Value for Money study team on opportunities and mechanisms for reducing the unit costs of rail operations.

Delivering investment in the Railways
We are providing commercial and financial advice to the Department for Transport on the procurement of the new Inter city and Thameslink rolling stock fleet. We are advising Rail for London on the procurement of a new fleet for the Crossrail services.

Modernising transport services
We helped the councils in Nottingham develop and procure their new tram system. Following the success of this system we are advising Nottingham City Council on terminating the original contract to let a new contract to incorporate the introduction of a second line.

Managing congestion on the roads
We advised the Highways Agency on commercial and financing arrangements surrounding letting a contract for the widening of the M25 to four lanes to help resolve congestion around London.

Resolving infrastructure disputes
We assisted the Italian Government-owned high speed rail company resolve commercial issues in relation to the construction of the new lines between Rome – Naples and Bologna – Florence by analysing the contractor’s entitlement to extensions of time and associated costs.

Critically the team works for a mixture of public and private sector clients and has seen both successful and unsuccessful transactions. We are able to use this experience to develop bespoke solutions which help our clients meet their strategic objectives.