The Secretary of State for Transport (Justine Greening)
Reducing the number and cost of public bodies is a coalition priority. The triennial review process has been established to continue our work ensuring accountability in public life by examining all non-departmental public bodies at least once every three years. I am announcing today the triennial review of HS2 Ltd. This review has two aims:
to provide a robust challenge of the continuing need for this NDPB—both its functions and form; and,
if it is agreed that it should remain as an NDPB, to review the control and governance arrangements in place to ensure that the public body is complying with recognised principles of good corporate governance.
The triennial review will build upon the internal review of the body conducted earlier this year.
I will announce the findings of the review later this year in line with the decision on the response to the consultation on high-speed rail.
If you would like further information, or to contribute to the review, please contact my Department or highspeedrail@dft.gov.uk.
I remain committed to the ongoing review of public bodies and my Department continues to work with the Cabinet Office to develop forward plans of reviews.