Cashflow is one of the major contributors to businesses going under. With the situation being particularly difficult as a result of the coronavirus pandemic, HS2 has made a commitment to expedite payments and to ask that its Tier 1 contractors do the same.
HS2 says it has accelerated its supplier payment runs, paying all companies directly in its supply chain more quickly by processing approved payments right away when funds are available, instead of making payments in line with the contracted payment terms.
Furthermore, HS2 is asking its Tier One contractors in the HS2 supply chain to do the same, saying they have a duty to make sure the measure is applied through all the supply chain tiers.
HS2 hopes this will reassure companies working on the high-speed rail project and help maintain the stability of the HS2 supply chain.
Now that the UK government has given its approval for the next stage of HS2, contractors can start building the high-speed railway line between London and Birmingham (Phase One) as long as they can maintain Public Health England and industry guidelines to stay safe during the coronavirus pandemic. This approval marks the progression from scheme design and preparatory work to full detailed design and construction. Consequently, large numbers of new contract opportunities for the construction industry will open up.
Phase One will provide in the region of 400,000 supply chain contract opportunities. Two thirds of these contracts will go to small and medium-sized (SMEs) businesses.
“As we emerge from the pandemic, HS2 will play a crucial role in the recovery of the UK economy and provide a much-needed boost to the construction industry and the many jobs that industry supports. By taking these steps to speed up supplier payments, and by requiring this to continue throughout the supply chain, businesses large or small within the whole HS2 supply chain can feel confident they will be supported by HS2 Ltd.”
In April HS2 started looking for suppliers for the station lifts and escalators. Most recently it launched its procurement for track contracts.
Rail infrastructure manager in the UK, Network Rail, made the same commitment for faster payments to its supply chain in April.
Works have started on the Metro Flow track dualling project that will see an existing freight line upgraded and electrified in Tyne and Wear.
Alstom has signed an MoU with the developer and operator of Jakarta’s mass rapid transit (MRT) network, PT MRT Jakarta (PT MRTJ).
The Elizabeth line has officially opened to the public, increasing central London’s rail capacity by 10 percent.
The Florence tunnel boring machine has completed a 3.4 kilometre tunnel for Line 17 of the Grand Paris Express.
CAF has been chosen to supply SWBV and SSB 22 light rail vehicles (LRV), along with all relevant spare parts.
Network Rail will begin its 145 million GBP (170.93m euros | 182.36m USD) upgrade of the Hope Valley railway line at the end of May.
Singapore's LTA has awarded two contracts for its future Jurong Region Line (JRL), with a combined value of 386 million SGD.
Deutsche Bahn has unveiled new interior designs for its future ICE fleet, which will be rolled out from the end of 2023.
Alstom has carried out the first testing of a train retrofitted with European Train Control System (ETCS) equipment at Network Rail's RIDC.
Alstom has been awarded a contract to design, build, and maintain the Tel Aviv Metropolitan LRT Green Line.
Mass Transit Railway's (MTR) East Rail Line Cross-Harbour Extension has begun operating passenger services in Hong Kong.
PKN ORLEN and Alstom have signed a strategic cooperation agreement for the supply of zero-emission trains and hydrogen fuel.
Rail Station Development and Regeneration will take place on 28 June 2022. Focused on the future of station development and sustainability.
Berner Oberland-Bahnen has ordered six ABeh 4/8 multiple units from Stadler to expand the Bernese Oberland Railway's existing rolling stock.
The Copenhagen Metro, Metro Service, and Hitachi Rail have concluded a digital asset management agreement to make services more reliable.
Network Rail's new safety scheme will equip more than 15,000 British freight trains with technology to monitor the condition of wheelsets.
The FRA has established a new Corridor Identification and Development (ID) Program to transform the nation's passenger rail network.
Hitachi Rail has launched its latest digital rail products at the 2022 Railway Systems Supplies Inc. Communication & Signalling exhibition.
Swedish operator, Västtrafik AB has awarded Škoda Group a contract to upgrade 80 trams for the city of Gothenburg, Sweden.
CZ LOKO has been contracted to upgrade Class 742 diesel locomotives for CD Cargo, the Czech Republic's largest domestic freight carrier.
ORR has issued authorisations to all Elizabeth line stations due to open on 24 May, confirming the infrastructure is ready for passenger use.
A SYSTRA-led consortium will provide independent certification for the Straits of Johor cross-border rapid transit system (RTS) link.
An Office of Rail and Road (ORR) Investigation has led to Network Rail being fined 1.4 million GBP for a health and safety breach.
Swiss International Air Lines and SBB Swiss Federal Railways are expanding and renaming their intermodal rail/air travel product.
TX Logistik has successfully completed two test-runs of a 838-metre long freight train in Sweden on 8 and 9 May 2022.
MoU signed to push the use of high voltage SiC technology for increasing railway drive systems’ energy efficiency.
Wendy Morton MP, UK Minister of State for Transport will present the keynote address live at Transport Ticketing Global on 28 June 2022.
Network Rail joins with freight rail industry to tackle freight rail delays and safety risks with launch of new programme.
Metrolinx has announced that key sections of track have now been installed for the Finch West LRT project in Toronto, Canada.
DB has begun construction of its new Cottbus railway depot in Lausitz, which will support the region's move towards more sustainable jobs.
Alstom has signed a contract to supply 130 Coradia Stream High Capacity electric double-decker trains to SFBW in Baden-Württemberg, Germany.
Alstom has delivered India’s first semi high-speed regional train for National Capital Region Transport Corporation’s (NCRTC) RRTS line.
HS2 has reached an agreement to purchase Square One on Travis Street, Manchester from property provider Bruntwood.
TfL's Northern line Bank branch will re-open on 16 May following a 17-week closure as part of the Bank Station Capacity Upgrade project.
To celebrate 50 years of Interrailing, 43 European railways have launched a joint campaign offering a 50% discount on Interrail tickets.
The ORR has launched its business plan for 2022/23, with details on how it plans to more closely scrutinise the work of Network Rail.
Railtex / Infrarail will take place from 10–12 May 2022, from 10 am to 5 pm on Tuesday and Wednesday, and 10 am to 4 pm on Thursday.
The California Legislature is being urged to approve 4.2 billion USD in funding for California's High-Speed Rail project.
Subterra has taken delivery of a CZ LOKO EffiShunter 1000 locomotive (designation 744.150) equipped with an ETCS train control system.
Deutsche Bahn (DB) and Siemens Mobility have unveiled elements of their newly developed complete hydrogen system for rail.
Railtex / Infrarail, the UK’s number one event for the rail industry, takes place from 10-12 May. Bringing together the railway supply sector.
Positive interim results have been reported from the EU test run of a Deutsche Bahn freight train equipped with digital automatic couplers.
A new tool has been launched to help measure the social value of rail investments, infrastructure projects and day-to-day operations.
BREAKING: Transport for London (TfL) has announced the opening date for the Elizabeth line (Crossrail).
A new digital signalling system was commissioned over the bank holiday weekend on Great Northern’s route into the City of London.
Midtjyske Jernbaner orders 7 2-car battery-powered Mireo Plus B trains from Siemens Mobility in Denmark’s first battery powered rail contract.
ABB’s Enviline Energy Storage System is being used by Metro Trains Melbourne to capture, store and reuse energy created by braking trains.
Stadler has introduced its Class 99 bi-mode Co’Co’ locomotives to the UK, following a successful rollout across Europe.
Jonn Elledge looks at the story behind Andy Burnham's pointed comments about the exorbitant costs of rail fares in Britain.
Stadtwerke München and Munich Transport Company have taken delivery of the first of 22 type C2 metro trains of the third delivery series.
Alpha Trains Group has awarded Alstom a long-term maintenance contract for 70 Traxx locomotives in its fleet.
Deutsche Bahn has published its Noise Protection Balance Sheet for 2021, which highlights the advancements made in noise abatement.
HS2 has unveiled updated environmentally-friendly designs for the Cubbington, Warwickshire section of the new high speed line.
SJSC Latvijas dzelzceļš and Uzbekistan Railways aim to work more closely to increase freight transport volumes between Latvia and Uzbekistan.
Priority Seating Week marks five years since Transport for London launched its ‘Please Offer me a Seat’ badge.
Talgo has developed a new type of running gear frame, or rodal, that reduces the mass of the rolling assembly by 50%.
Siemens Mobility’s train-borne conditioning monitoring system is one of six solutions being tested in Network Rail’s Lot 1 Operational Trial.
The Bundeskartellamt has accused Deutsche Bahn of an abuse of power that could hinder the growth of mobility platforms.
Alstom has signed a framework contract with the Department of Transport Victoria, Australia, for 100 Flexity low-floor next generation trams.
Network Rail will start engineering upgrades on parts of the Dartmoor Line next week, ahead of the introduction of new hourly services.
Network Rail and the Office of Rail and Road are collaborating to increase competitiveness and lower costs in the rail signalling market.
Siemens Mobility and Network Rail are celebrating the milestone of having upgraded 10,000 of 11,700 cab radios to the latest V4.0 version.
The first locomotive to carry Amtrak’s new livery is making its inaugural journey across America, travelling from California from Delaware.
ONxpress Transportation Partners has signed a multi-billion USD, 25-year agreement with Metrolinx for the On-Corridor Works Project.
Siemens Mobility has announced plans to move its Berlin development and production site to a new 26,420 square metre facility in Aldershof.
Alstom has signed a new contract to provide operations and maintenance services for Dallas Fort Worth International Airport’s APM system.
Deutsche Bahn (DB) has been able to reduce its residual expenditure on expansion projects by half a billion euros.
Work to resignal Germiston station complex, one of the busiest railway junctions in Africa, has now been completed by Siemens Mobility..
Full steam ahead for the spring edition of Railtex / Infrarail on 10–12 May, the number one showcase for rail technology and infrastructure.
Over two thirds of suppliers (67%) have committed to Network Rail’s science-based targets initiative aimed at limiting carbon emissions.
Siemens Mobility has been chosen to upgrade and modernise São Paulo’s metro network, helping enhance operations and improve sustainability.
The global players Alstom, Stadler, Goldschmidt Thermit, and Kirow Ardelt characterise the rail technology venue in Saxony.
Saitec will design and build the Rincón de Soto bypass in the Castejón-Logroño section of the Cantabrian-Mediterranean corridor.
Construction is now underway on the Ligerz tunnel in Switzerland; part of a project to end a bottleneck between La Neuveville and Twann.
RedCabin's Railway Interior Innovation Summit 2022 USA will be chaired by Tom Rutkowski, Vice President and Chief Mechanic at Brightline.
The DZSF has commissioned a project to determine the need for adjustment to regulations governing condition-based maintenance.
It has now been over 900 days since the UK Government published its Rail Network Enhancements Pipeline reports the RIA.
Vodafone has signed an agreement with Deutsche Bahn to close any remaining gaps in the operator's network on rail routes across Germany.
HS2 has unveiled the final designs for the Thame Valley Viaduct, which will cross the River Thame’s flood plain near Aylesbury.
Stadler has received an order from Austrian Federal Railways (ÖBB) for 41 KISS double decker trains valued at approximately 600 million euros.
Railtex / Infrarail will be taking place from 10–12 May 2022 at Olympia London. Bringing together the entire rail supply sector.
The ORR has made a number of recommendations after reviewing the safety issues that caused the Class 800 trains to be withdrawn last year.
Private Swiss rail operator BLS will begin operating MIKA (Stadler FLIRT) trains in the Lucerne West region from December 2024.
Alstom has signed an agreement with Sweden’s national rail operator SJ to supply 25 Zefiro Express electric high-speed trains.
Alstom and ENGIE have signed a partnership agreement to supply a renewable hydrogen to heavy-duty European rail freight.
Talgo and Indra have signed a strategic agreement that will see them become a founding member of innovation programme Europe's Rail.
Development of the new two-platform Inverness Airport station is progressing successfully, Network Rail has reported.
ScotRail officially entered public ownership on 1 April, with Nicola Sturgeon marking the occasion at Glasgow Queen Street Station.
Rizzani de Eccher has been chosen to construct the Rail Baltica railway bridge over the river Neris near Jonava, Lithuania.
DB Regio has ordered 29 Coradia Stream high-capacity units from Alstom for use on the Frankfurt–Fulda–Bebra and Frankfurt–Wächtersbach lines.
DB expects a positive operating result in the current financial year, with sales predicted to hit over 48 billion euros (53bn USD) in 2022
Siemens Mobility has received an order for 50 of its Vectron MS multisystem locomotives from Czech Railways (ČD).
Etihad Rail and Dubai Industrial City have announced the development of a 5.5 million square foot rail freight terminal.
Stadler has received an order for 19 Citylink fully electric tram-trains from the Chemnitz transport authority.
See pictures of the new Amtrak Acela interiors. The trains are being manufactured by Alstom in Hornell and Rochester, New York.
A key milestone in the Grand Paris Express project has been achieved with the first breakthrough of tunnel boring machine Mireille.
Network Rail has awarded Alstom the contract to deliver Phase 5 of the London Victoria Re-signalling Programme.
Adif and Adif AV have begun a preliminary investigation into new ways to expand their telecommunications infrastructure and networks.
The Office of Rail and Road believes the Light Rail Safety and Standards Board is supporting safety in the light rail and tram sector.
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