Lack of bidders forces HS2 to relaunch contractor search for £1.5bn rail contract
High Speed 2 is "re-launching" its £1.5bn track and overhead line contract, blaming “increasing concern regarding risk transfer” from contractors.
The contracts, for phase 1 and 2a from London to Birmingham and West Midlands to Crewe, were due to start in December this year and run through to December 2027.
A notice posted on the Official Journal of the European Union said: “HS2 Ltd is hosting an Industry Day on 3.9.2019 to re-engage with the market and launch its revised strategy based on market appetite and conditions.
... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...