HS2 planning procurement overhaul to attract bidders put off by worries over risk

By Will Ing2019-09-12T05:00:00

Re-think comes after firms shun prized deals including job to build railway’s main station in Birmingham

HS2 is set to finalise plans for an overhaul of its procurement strategy by the end of the month following challenges faced letting phase 1 work.

In a report published last week, the railway’s chairman Allan Cook also hinted the changes could be linked to new sources of finance for the scheme which is now at least £16bn over budget.

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