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High Speed Two: Contracts

Department for Transport written question – answered on 1st October 2019.

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Photo of Andy McDonald Andy McDonald Shadow Secretary of State for Transport

To ask the Secretary of State for Transport, what estimate has he made of the stake held by (a) BlackRock and (b) Vinci in HS2 Ltd’s major contractors; and if he will make a statement.

Photo of Paul Maynard Paul Maynard Parliamentary Under-Secretary (Department for Transport)

HS2 Ltd is directly in contract with:

- a Balfour Beatty / Vinci Joint Venture (BBV JV), for two packages of Main Works Civils Contracts; and

- a Balfour Beatty / Vinci / Systra Joint Venture (BBVS JV), for the Old Oak Common station construction partner.

They are both unincorporated joint ventures. HS2 Ltd has no contractual relationship with BlackRock.

Does this answer the above question?

Yes1 person thinks so

No3 people think not

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  • (Citation: HC Deb, 1 October 2019, cW)