William Eichler 15 February 2018

Outsourcer saves £20m after renegotiating Carillion healthcare deal

The outsourcing company Serco has negotiated a nearly £20m reduction in the price it will pay for Carillion’s NHS healthcare contracts.

On 13 December, the international service company agreed to pay £47.7m for Carillion’s health portfolio.

However, yesterday it announced it would only pay £29.7m after re-evaluating the ‘potential liabilities’.

Carillion, one of the country’s biggest construction and facilities management companies, went into liquidation in January.

In October, the Wolverhampton-based business announced a £1bn loss for the first half of financial year 2017/2018.

Carillion, which has scores of local government contracts, attempted to stay afloat by asking its key stakeholders to reduce debt and for short-term financial support. These proposals were rejected.

It was hoped the nearly £50m deal with Serco would help stave off complete collapse.

SIGN UP
For your free daily news bulletin
Highways jobs

Road Safety Engineer

North Yorkshire Council
£38,220 - £42,839 per annum
We are recruiting Engineers to join our growing Traffic Engineering team. Skipton, North Yorkshire
Recuriter: North Yorkshire Council

Road Safety Engineer

North Yorkshire Council
£38,220 - £42,839 per annum
The post holder will be based out of County Hall in Northallerton but there will be regular travel county wide as well as homeworking. Scarborough, North Yorkshire
Recuriter: North Yorkshire Council

Road Safety Engineer

North Yorkshire Council
£38,220 - £42,839 per annum
The post holder will be based out of County Hall in Northallerton but there will be regular travel county wide as well as homeworking. Selby, North Yorkshire
Recuriter: North Yorkshire Council

Road Safety Engineer

North Yorkshire Council
£38,220 - £42,839 per annum
We are recruiting Engineers to join our growing Traffic Engineering team. Harrogate, North Yorkshire
Recuriter: North Yorkshire Council

Driver Attendant (Casual)

Wakefield Council
£13.90 - £14.59 per hour, Grade 5, Casual
Passenger Transport provides a professional caring transport service to elderly citizens, disabled people, and children. Wakefield, West Yorkshire
Recuriter: Wakefield Council
Linkedin Banner