Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

OFT FINES: Network Rail to take closer look

Network Rail has pledged to take a close look at the OFT’s findings before making any decisions on how to react.

The huge construction client – which announced a five-year, £35 billion spending programme earlier this year – expressed confidence in its procurement processes.

The OFT fined 103 construction companies a total of £129.5 million this morning after they were found to have colluded on building contracts.

But a Network Rail spokesman said: “Network Rail is committed to seeking the best value from its contracts in terms of price, performance and delivery. We therefore have procurement processes designed to achieve.

“We will study the findings of the OFT’s investigation carefully and have no further comment at this time.”