Crazbe7 wrote:Good point. If HS2 is delayed can Kier claim loss and expense?
No, because like all HS2 civils contractors they are being paid to develop the final target cost through an Early Contractor Involvement (ECI) phase.
They have only been awarded a contract for the ECI phase. No design and build contracts have been awarded for the construction phase, although I'm sure some are banking on contracts being awarded.
Their costs should be covered by the ECI then? ... no ramp up costs which they can't cover. Although I take your point they haven't actually won the construction phase works, which would certainly blight their recovery plans.