no, you are releasing funding annually- so contracts will back off to that. megaproject contracts are really, and I mean *really*, complicated with tens to hundreds of suppliers
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How do other countries plan & fund this stuff? (I’m thinking of the crazy long tunnels under the mountains in Norway - that has to have been a hugely complex project - but many other countries’ rail infrastructure works better than the UK)
aug 6, 2025, 3:58 pm • 0 0 • view
Lots of commercial mechanisms- shared risk/reward, milestone delivery payments, penalty clauses etc etc. All of which happen in the UK. The UK legislative and regulatory environment is not suited to scale, pace or uncertainty- all of which are challenges for megaprojects
aug 6, 2025, 4:38 pm • 1 0 • view
Thank you
aug 6, 2025, 7:50 pm • 1 0 • view
this is what the government is actually doing to try and fix things- contrary to popular belief there are some smart people working there :) (not me, nothing to do with this) www.gov.uk/government/p...
aug 7, 2025, 7:13 am • 2 1 • view