Asked by: Faisal Rashid (Labour - Warrington South)
Question to the Department for Transport:
To ask the Secretary of State for Transport, what his Department’s policy is on awarding contracts to companies which have recently issued profit warnings.
Answered by Nusrat Ghani - Minister of State (Minister for Europe)
The Department’s remit within the transport sector is primarily delivered through its Arm’s Length Bodies: Network Rail, Highways England and High Speed Two Ltd. Assessments of a company’s ability to deliver its obligations is performed during each procurement exercise by those bodies.