Question to the Department for Transport:
To ask the Secretary of State for Transport, what plans he has to conduct a review of investment grade credit rating among those companies engaged in construction projects in the transport sector.
Following the collapse of Carillion in 2018, DfT with Cabinet Office have worked to improve the due diligence and financial assessments during all procurement leading to contract awards. As per the Cabinet Office outsourcing policy the financial and operational performance is also monitored during the life of the contract.