Unless you have been living under a railway bridge for the last 10 years, you will know that in 2010 the UK Government approved the plan to create High Speed 2 (HS2): a high speed railway from London to Manchester/Leeds.
Off the rails? Most definitely on. HS2 will shrink the travel time for many commuters and travellers between the cities in the Midlands and London, and for freight by improving lead times on deliveries, that in turn improves customer satisfaction (railtechnologymagazine.com).
HS2 will be one of the most ambitious projects undertaken in this country in recent years. The venture will create tens of thousands of jobs and generate billions of pounds worth of contract opportunities for suppliers in many fields. With 2026 the deadline date for HS2, what have we seen so far in terms of opportunities?
A tender has just been published looking for a supplier to provide them with 54 new high-speed trains along with maintenance, servicing and refurbishment for an initial 12-year period. This tender is worth £2.75 billion and has the option to be extended for the entire design life of the trains.
Due to the size of HS2, we expect to see a large number of tenders over the next few years for a huge variety of areas from courier services, timetabling and rail systems. HS2 will bring more jobs and strengthen the economy to all the cities located on the route map.
If you don’t want to miss the variety of opportunities that will come with the arrival of HS2, our tender alerts service, Tenders Direct, can be your companies insider. The first phase of HS2 is expected to create over 9,000 construction jobs, 1,500 permanent jobs and 30,000 in station supported redevelopments (hs2.org.uk). Don’t be station (ary), sign up to Millstream’s Tenders Direct to find the tenders that suit your business needs.