HS2 joint venture partners to continue work as planned

HS2

A host of Carillion transport jobs are expected to continue without delay despite the construction giant鈥檚 failure. 

A spokesperson for HS2 said while the news was disappointing, Carillion鈥檚 JV partners have provided assurances they would cover the shortfall.

Carillion, which is part of the CEK joint venture alongside Eiffage and Kier, landed two lots on the construction of HS2 (pictured) worth 拢1.4bn in July.

鈥淭he CEK joint venture has provided HS2 with assurances that in the event any member of the group being unable to deliver on its responsibilities, the remaining members, now Eiffage and Kier, would fill the gap. HS2 does not hold a direct contract with Carillion.

鈥淲e are continuing to discuss with Kier and Eiffage the implementation of contingency plans. Work will continue as planned with no unnecessary or additional exposure to the taxpayer.鈥�

A spokesperson for Network Rail said it was activating its contingency plans after the announcement of Carillion鈥檚 liquidation.

In November, Carillion won two new contracts on Network Rail鈥檚 Midland Mainline improvement programme that would see it upgrade the existing track and infrastructure on the route from London to Corby, which is expected to be worth 拢62m in revenue over the next two-and-a-half years for the firm.