HS2 contracts for £7bn put out to tender despite uncertainty

Contracts worth £7bn for the tunnels and viaducts for HS2 are about to be put out to tender, despite continuing uncertainty over the project’s future.

At least eight consortiums of Europe’s largest construction companies will compete for the civil engineering work for the first phase of the proposed north-south high-speed railway line through the Chilterns to Birmingham.

Although HS2 is not expected to gain Royal Assent until the end of 2016 at the earliest, procurement has already started. HS2 Ltd, the taxpayer-funded company responsible for the new railway line, has already spent £1bn and taken on more than 1,000 staff.

READ MORE: HS2 contracts for £7bn put out to tender despite uncertainty – FT.com (SUBSCRIPTION)

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