In Appendices 2 and 3 we list the fleets that will have reached the end of their nominal term of use, in the context of the IIP, by the end of CP5 and by the end of CP6 respectively. Determining whether continued operation is appropriate will also be influenced by the incremental cost of providing PRM-TSI 5 compliance and ETCS functionality. Much will depend on the attractiveness of specifications and lease rentals for continued operation of current vehicles offered by ROSCOs measured against the capabilities and capital and financing costs of new trains. These trade-offs will be tested for.
