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HS2 consultancy overspend

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HS2 goes troughtasticConstruction of HS2 is scheduled to begin in 2017, but already expenditure on consultancy is £87 million over budget, Building News reported (paywall).

[‘Revealed: HS2 consultant spend runs £87m over budget’, Vern Pitt, 16 May 2014]

[…]
An analysis by Building of the Department for Transport (DfT) HS2 spending to the end of February 2014 has revealed that HS2 Ltd has overshot its allocated £101m budget for four lots of professional services contracts by £87m, taking the total spend to £188m – 86% over budget.

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Written by beleben

May 16, 2014 at 7:58 pm

Posted in HS2

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