Policy paper

HS2 development agreement (December 2014)

The HS2 development agreement governs the relationship between the Secretary of State for Transport and HS2 Ltd for the delivery of HS2.

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The updated version of this development agreement is the 2017 HS2 development agreement.

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The 2014 HS2 development agreement governs the relationship between the Secretary of State for Transport and High Speed Two (HS2) Ltd for the delivery of the HS2 project.

It sets out HS2 Ltd’s role in developing, building and operating the new railway and the Department for Transport’s role as sponsor and funder.

The HS2 development agreement replaces all previous remit letters and should be read alongside the 2014 HS2 Ltd framework document, which sets out the corporate framework within which HS2 Ltd must operate.

Published 18 December 2014