No, but it seems that consultants are putting up schemes to politicians, who will get the finds which then find their way back to the consultants: a nice circular arrangement.
It's very easy for politicians to get their ear bent by small but vocal interests promoting a "reverse Beeching" idea. The standard feasibility study is a cheap way of helping politicians that are constantly grasping around for things that show they are doing something.
You can see that they are trying to repeat what happened with EWR, which was also at crayon maturity when the EWR Consortium formed like this back in the 1990s. But there are two big differences.
1. Even in 1995, EWR was getting support from multiple local authorities
2. There has been sustained economic growth that justifies a greenfield railway, and which EWR helps unlock more of
Consultants are very rarely never going to spend their own cash and resource on a whim with nothing at the end of it
Fixed
A bit of more general public service announcement a consultant's view of this kind of opportunity.
1. It says a lot that there is no obvious promoter - local/combined authorities usually have a pretty good grasp of their transport priorities
2. If there's no buyer and no contract then it's business development; I might throw together a few slides, but this is just crayoning on a corporate template, I can put any old guff in because there's no contract
3. If a council decide to promote it and buy a feasibility study, public procurement rules should weed out abnormally low tenders, so I can't just do the work for nothing
4. If there is a contract, I still have to get it through internal governance that will include a commercial assessment of the study
5. If I want to go in at low, zero or even negative profit on the contract, I need to convince the business there's even more significant work in the future
All that without thinking about the scheme concept and the obvious issues that others have pointed out.