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Keep up to dateBy Jordan Marshall2019-05-08T05:00:00
Source: /Shutterstock.com
NAO warns contractors unlikely to prioritise Crossrail work on lump-sum, fixed-price contracts
Crossrail has been told it needs to motivate contractors with financial bonuses in order to get the £17.6bn job done in a “timely and efficient manner”.
The National Audit Office (NAO) has said that it is imperative the company responsible for getting the late-running scheme over the line use cash to get contractors to prioritise their work on Crossrail ahead of other schemes.
The public spending watchdog said: “To regain control of costs and prevent them from escalating further, Crossrail Ltd needs to incentivise contractors to deliver the remaining work in a timely and efficient manner.”
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