View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
July 12, 2021

HS2 launches search for Phase IIb ground investigation contractors

The move is part of HS2’s plans to extend the high speed railway to the north and support future civil engineering works.

HS2 in the UK has initiated a process to select a team of specialist ground investigation (GI) contractors for Phase IIb of the high speed railway line.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

The $416.15m (£300m) single framework contract will involve appointing a lead ‘Ground Investigation Partner’, supported by ten specialist ground investigation contractors for implementing the work. The eight-year framework carries an option of two additional years.

The move is part of HS2’s plans to extend the high speed railway from the Midlands to the North.

Selected partners will carry out ground investigations (GI) in a bid to identify technical and financial risks that often increase programme costs.

As part of the procurement, the $117.92m (£85m) Ground Investigation Partner will manage and arrange the packaging of the GI works.

The GI Contractors, worth up to $298.27m (£215m), will acquire and prepare reports on geotechnical, hydrogeological, and geo-environmental data through surveys.

They will also carry out detailed logging of exploratory holes, in-situ, and laboratory testing, among other works.

Bidders will be shortlisted towards the end of this year, while the contract is expected to be awarded next year.

HS2 Procurement and Supply Chain Director Andrew Cubitt said: “This framework agreement is an important step in our plans to bring HS2 to the North. It will enable us to procure a comprehensive body of ground investigation data to inform our future civil engineering works.

“The structure of the framework agreement means that more than ten contractors could benefit from the opportunities we are creating, which comes at a vital time for UK businesses seeking stability and growth as we strive to recover from the effects of the pandemic.”

Overall, the ground investigation programme will enable the digging of more than 15,000 exploratory holes to create a model of the ground beneath the whole rail route.

This data will be useful to address potential ground hazards and facilitate the design and construction of the railway.

Last month, HS2 started developing a digital virtual reality technology to evaluate and improve its designs for aiding commuters to navigate around the new HS2 station at Old Oak Common in north-west London.

Related Companies

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The railway industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Railway Technology