Cost of HS2 SCS contract jumps to £4.1bn

HS2’s Skanska Costain Strabag joint venture has secured an extra £200m funding for its first phase southern tunnelling section of the high speed route.
It is the second extra payment since July when the three-way joint venture secured £300m in extra funding for planned and agreed changes to the scope of works.
Skanska’s share of the total contract sum is now valued at around £1.4bn, up from £1.12bn when the contract was signed in April 2020,
The JV is split by