If the Scottish Independence Referendum result is 'Yes' will the bidding process for the ECML have to be re-started?
If I was a bidder I would consider that an independent Scotland may dramatically alter my willingness to pay and hence would wish to resubmit my financial proposal.
I should think the bids will by now have been evaluated and the DfT should be closing in on the winner.
The Scottish government has no part in the process for ICEC.
The ITT, as far as I can see, makes no mention of Scottish independence or the referendum.
The SNP has stated that franchises would run to completion, so no sudden changes.
I would have thought that the bids would be heavily qualified with statements that they do not cover political risks.
If things do go pear-shaped the bidders can always withdraw if a contract has not been signed.
But it will be interesting watching the fallout, however things turn out on Thursday.
The same issues arise with the Scotrail franchise, which is in much the same state but with Transport Scotland in charge of the process.