HS2 renegotiates major construction deals to rein in spiralling costs
One of the biggest criticisms of HS2 Railway’s construction contracts has been addressed, with HS2 replacing deals that left taxpayers carrying almost all the financial risk with new agreements designed to reward contractors for delivering the railway on time and on budget.
HS2 tunnel entrance next to the M25 motorway (c) ianVisits
The company says that it has successfully renegotiated contracts with two of the civil engineering joint ventures responsible for more than 100km of the high-sp
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