Small businesses are being encouraged to bid for some £500M worth of contracts as work ramps up at HS2’s new Euston station.
Hundreds of packages are available to bid on as the programme of procurement gears up to support the delivery of HS2. Many of the smaller contracts are suitable for Small and Medium Sized enterprises (SMEs) as further supply chain opportunities are created through the contracts.
HS2’s Station Construction Partner for Euston station, a joint venture between Mace and Dragados (MD JV), has launched the multi-year programme of procurement, which includes the procurement for the construction of the main substructure at the station, with packages for pilling, earthworks and reinforced concrete included. A subcontractor is also being sought to deliver the main systems and mechanical and electrical and plumbing (MEP) packages for the station.
While the procurement programme is focussed on Tier 2 contract packages, the number of other contracts created throughout the supply chain is anticipated to be huge, giving opportunities to businesses large and small, civil or non-civil, to participate in delivering HS2. This just one of the areas in which the HS2 project will be providing long-term work for businesses, providing stability and opportunities for growth.
Andy Swift, HS2 Project Client for Euston, said: “Our work to deliver HS2’s London terminus station at Euston will really ramp up over the next few years. We have been preparing the area for the construction of the new station, which will transform the Euston area, including delivering improved connections with the London Underground.
“We encourage businesses big and small to bid for these packages, and we are proud of the role that HS2 is playing in helping boost the UK economy after covid.”
Paul Leighton, Deputy Delivery Director, Mace Dragados JV, said: “Given the scale of the task at Euston, we’re in no doubt as to how important our supply chain is to our success. We’re looking for our suppliers to not only provide us with skilled team members that will help us grow in size and capability, but to bring ideas and innovations that will help us set standards in the industry. We’re excited to see the wider impacts of our procurement activities too, with opportunities for suppliers across the country helping to feed into the national levelling-up agenda.”
Building back better
HS2 Minister, Andrew Stephenson said: “HS2 has never just been about boosting transport – it’s also about driving business, creating long-lasting jobs and Building Back Better from the pandemic.
“This major investment shows we’re delivering on our promises to improve transport across the nation while providing opportunities for business and boosting the economy.”
MD JV took over the HS2 station site in 2020 and has already completed pilling for the west wall of the station. Hundreds of jobs have already been supported on the project, and it is projected that these new contracts will support the 3,000 jobs that will be filled at peak to construct HS2’s Euston station.
How Tracker can help
Tracker can help you cut through the noise and pinpoint the right opportunities for your business. Even if you’re not a traditional rail sector buyer, opportunities like this show that there is a wide scope of activity on contracts which you could benefit from.
Don’t waste your time searching for opportunities, Tracker can deliver them straight to your inbox.
Contact us now for your free trial.