How can HS2 keep risk on track?

By Jordan Marshall2020-01-24T14:02:00

Getting the balance right on HS2 will be no mean feat

The distribution of risk on HS2 is complex. On the one hand, there are contractors who do not want to be burned on a project that has an uncertain future and where costs continue to rocket. On the other, there is a client required to deliver best value for the taxpayer.

In the past, HS2 has been forced to rethink its single-stage contract approach with contractors, as firms have said that they will bid for the projects – but bid high to cover themselves.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community