• 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

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