Due to a lack of interest, HS2 has cancelled its current procurement strategy for Curzon Street Station in Birmingham.
The Government has now launched a fresh approach with an industry day taking place at Birmingham City University next week to explain the new process with prospective contractors. HS2 have said that despite the procurement pause, the awarding of the contract will still go ahead in 2020 and the planned opening date of 2026 will remain the same.
HS2 believe this new approach will attract more bidders and reduce risks to hopefully produce a more competitive process.
‘A notice posted on the Official Journal of the European Union said: “HS2 have recognised the current market conditions are challenging and the increasing concern regarding risk transfer and wanted to revise our position to provide a better balance and overall outcome.
“The industry day will provide an opportunity to re-engage with the market and outline our revised strategy which we believe will attract a larger number of bidders, reduce risk and thereby produce a more competitive process”’ – snippet taken from The BusinessDesk.
The industry day event will take place at Birmingham City University on the 19th July from 9am to 1pm. For more information please contact the BCU team by clicking here.