To ask the Secretary of State for Transport, what recent assessment has he made of the financial sustainability of Laing O’Rourke and the ability of that company to fulfil its contractual responsibilities in relation to (a) railways and (b) highways.
The Department’s remit is delivered mostly through its Arm’s Length Bodies and Executive Agencies. Each body assesses prospective suppliers’ ability to deliver its obligations during each procurement exercise before the award of contracts. This to comply with procurement regulations and statute, as well as evaluate the company’s competence and capability. Before contracts are signed there are various layers of governance across the ALBs, the Department, Cabinet Office and HM Treasury depending on the circumstances of each procurement. There are also measures in place to monitor financial stability throughout the procurement lifecycle.