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By Will Ing2019-03-29T06:00:00
HS2 contractor also says money is squandered on big infrastructure projects
Mace has said public procurement should be “revolutionised” after Brexit as it finds more than £19bn will be wasted annually by 2030 unless the government gets better value out of big infrastructure projects.
The firm recently won a £1.6bn contract to lead construction of the new HS2 station at Euston with JV partner Dragados.
But now it has published a report saying 80% of large infrastructure projects are delivered late and over budget – and then under-deliver on benefits.
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