Mace says procurement should be overhauled after Brexit

HS2 Euston 1

HS2 contractor also says money is squandered on big infrastructure projects

Mace has said public procurement should be “revolutionised” after Brexit as it finds more than £19bn will be wasted annually by 2030 unless the government gets better value out of big infrastructure projects.

The firm recently won a £1.6bn contract to lead construction of the new HS2 station at Euston with JV partner Dragados.

But now it has published a report saying 80% of large infrastructure projects are delivered late and over budget – and then under-deliver on benefits.

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