ASSETSCO industry briefing 2.0
Second Industry Briefing in preparation for the Kuala Lumpur-Singapore High Speed Rail AssetsCo Tender.

Continuing the engagement with the market, MyHSR Corporation Sdn Bhd (‘MyHSR Corp’) of Malaysia and Land Transport Authority (‘LTA’) of Singapore will be jointly conducting a second Industry Briefing for the Kuala Lumpur – Singapore High Speed Rail (‘HSR’) AssetsCo (system) component of the project to share more information on the AssetsCo tender, ahead of tender launch towards the end of this year.  

The Industry Briefing will consist of a 2-part programme which will include:

  • A briefing event (‘Briefing’) to provide in-depth information as well as clarify key queries arising from the first Industry Briefing, focusing on the following areas:
     1.  Contractual Structure
    • AssetsCo Concession Agreement
    • Interaction of the core contracts within the HSR ecosystem 
     2.  Project Delivery Framework
    • Programme Management Framework  
    • Roles within the Project Delivery Framework  
    • Interface Management  
    • Safety and Security Regulatory Regime
     3.  HSR Project Requirements
     4.  Role of Network Operator
     5.  Service Plan
     6.  Payment Mechanism
    • Availability Payment 
    • Train Lease Fee 
    • Currency and Indexation 
    • Energy Strategy  
    • Key Performance Indicators 
     7.  Tendering Programme
     8.  Tender Approach and Evaluation
    • 4-envelope approach 
    • AssetsCo Minimum Selection Criteria 
    • Indicative Scoring Weightage 
     9.   Network Code

The above focus areas are not exhaustive and subject to change.

  • The opportunity for a focused face-to-face meeting on the key themes above with representatives of MyHSR Corp and LTA (‘Meeting’), subject to availability. 

AssetsCo will be responsible for designing, building, financing and maintaining all rolling stock, as well as designing, building, financing, operating and maintaining all rail assets (e.g. track-work, power, signaling and telecommunications). It will also coordinate the system’s network capacity for operations and maintenance needs.

Please note that this Industry Briefing event is NOT meant to initiate discussions on the civil works and civil works procurement of the HSR Project.

Potential registrants are advised that to participate in this Briefing and any Meeting they should be suitably experienced and qualified for the delivery (or part thereof) or financing of the AssetsCo scope.

Details of the Briefing are as follows:
  • Briefing Date: Tuesday, 26 September 2017  
  • Briefing Time: 9:00a.m to 11:00a.m 
  • Location: London, United Kingdom 
*The venue and agenda of the Briefing will be separately communicated in due course.

Face-to-face meetings will be scheduled subsequently to be held in London, United Kingdom. The allocation, time, venue and agenda of the meeting will be separately communicated in due course.

How to Participate

  1.  To register for the Briefing, please complete and submit the attached Briefing registration form (Briefing Registration Form). [Download]
  2.  Only entities that have registered their attendance in accordance with the foregoing (Registered Participant) shall be permitted to attend the  Briefing. 
  3.  Please note that each Registered Participant is allowed to bring a maximum of two (2) representatives only. For consortium, two (2)  representatives are allowed for each company within the consortium, whereby each company is to submit a separate Briefing Registration  Form respectively. 
  4.  In the case of over-subscription, MyHSR Corp and LTA reserve the right to allocate seats to Registered Participants who are suitably qualified  or experienced as described in the Briefing Registration Form.    

  1.  To request a Meeting, please complete and submit the attached Meeting request form (Meeting Request Form). [Download]
  2.  Meetings are to be categorised as either technical or commercial. Each Registered Participant may request to attend either only a technical or  commercial meeting or both a technical and a commercial meeting depending on its area of expertise. If a Registered Participant wishes to  propose an agenda of those of the Briefing topics that it wishes to discuss as part of a Meeting and/or to request the opportunity to provide its f  feedback or proposed solutions in relation to a Briefing topic by way of a presentation (limited to 15 minutes for single organisation and 30  minutes for consortium) given during a Meeting, it should submit the proposed agenda and/or presentation topic prior to the Meeting as set  out in the Meeting Request Form. For the avoidance of doubt, neither a Meeting nor any presentation given at a Meeting will form part of the  evaluation process for any Registered Participant. Only Registered Participants who have attended the Briefing shall be entitled to a Meeting.
  3.  Each Registered Participant is entitled to attend up to one (1) Technical and one (1) Commercial meeting each.
  4.  Due to the limited slots available for Meetings, Registered Participants are encouraged (but not required) to attend as part of a potential  consortium. If you are intending to attend as a potential consortium, please register all the companies in your consortium using a single  Meeting Request Form.
  5.  Should the number of Registered Participants requesting a Meeting exceed the number of Meeting slots available, MyHSR Corp and LTA  reserve the right to allocate the Meetings based on open, fair and transparent criteria.

Briefing and Supplementary Packs

MyHSR Corp and LTA intends to make available for Registered Participants a supplementary information pack (Supplementary Pack) with additional details and clarifications to the first Industry Briefing information pack (Briefing Pack). Registered Participants will also be issued the first Briefing Pack along with the Supplementary Pack. Registered Participants of the first Industry Briefing who do not register to attend this Briefing will also be receiving the Supplementary Pack.

Confidentiality Undertaking and Disclaimer 

By registering to attend the Briefing, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information from us relating to, arising from or in connection with the Industry Briefing. The Industry Briefing and any other information distributed or disclosed as part of the Industry Briefing, including the Briefing Pack and Supplementary Pack (together, Industry Briefing Information), is for information purposes only and is made available on condition that it shall be used only for the purposes of the Registered Participant's evaluation of the opportunity to tender for a package of the HSR Project and for no other purpose whatsoever.  

The Industry Briefing Information is confidential and may not be copied, distributed, published, reproduced, reported or otherwise disclosed by you, whether in whole or in part, to any other person unless: 

  1.  MyHSR Corp and LTA agree in writing to any particular disclosure; 
  2.  Any disclosure is required by law; 
  3.  The information is in the public domain (other than as a consequence of a breach of these terms and conditions); or 
  4.  The disclosure is made by a Registered Participant to bona fide independent consultants, accountants and legal advisers retained by the  Registered Participant in relation to the HSR Project or to a person from whom the Registered Bidder contemplates seeking financing from or  forming a consortium with, in each case in relation to the HSR Project provided that the Registered Participant procures that each such person  strictly observes these confidentiality provisions.

Save for the aforementioned confidentiality obligations, neither the Industry Briefing nor any of the Industry Briefing Information constitutes an offer or the basis of any contract which may be concluded in relation to the HSR Project and does not form part of any formal procurement process and is not a pre-qualification exercise for the subsequent competitive bidding for the HSR Project. Neither attendance at the Briefing or any Meeting nor receipt of any Industry Briefing Information implies any acceptance by MyHSR Corp and/ or LTA that a person has the expertise and/ or experience required to participate in the procurement process for the HSR Project or to deliver the AssetsCo scope or any other part of the HSR Project. 

The Industry Briefing Information aims to provide preliminary information about the HSR Project only and does not purport to be all-inclusive or to contain all of the information that a Registered Participant may consider material or desirable in making its decision to participate in the tender for the AssetsCo Scope or any other aspect of the HSR Project. The Industry Briefing Information may be subject to change as deemed necessary by MyHSR Corp and LTA. In holding the Industry Briefing or providing the Industry Briefing Information none of the governments of Malaysia and Singapore, MyHSR Corp, LTA nor any of their respective representatives, employees, consultants, agents or advisors:

  1.  Makes any representation or warranty, express or implied, with respect to the accuracy and completeness of the information contained in the  Briefing Pack and Supplementary Pack;
  2.  Undertakes any obligation:  (i) to provide recipients with access to any additional information; (ii) to update, or to correct any inaccuracies which may become apparent in the Briefing Pack and Supplementary Pack or any other information made available in connection with the HSR Project prior to the launch of the formal procurement process; (iii) to amend, supplement, make changes or clarify any portion of the Briefing Pack and Supplementary Pack at any time; or (iv) to engage, correspond or communicate with any Registered Participant; 
  3.  Will be responsible for any costs and expenses that may be incurred in reviewing and evaluating the information contained in the Briefing Pack and Supplementary Pack.

No neglect, delay or forbearance on the part of the governments of Malaysia and Singapore, MyHSR Corp, LTA or any of their respective representatives, employees, consultants, agents or advisors to require or enforce the performance and observance by a Registered Participant of any of its obligations under the aforementioned terms and conditions shall in any way prejudice the rights, powers or remedies of the governments of Malaysia and Singapore, MyHSR Corp, LTA or any of their respective representatives, employees, consultants, agents or advisors (whether contractual, statutory, legal, equitable or otherwise).

Additional information about the HSR Project shall be provided at appropriate times during the formal procurement process for the AssetsCo Scope.

All correspondence in relation to the Industry Briefing should be addressed to

Copyright © MyHSR Corporation Sdn. Bhd.  All rights reserved.
Reg No: 201501022390 (1147719-M)
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