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

Children's Home Registered Manager

Royal Borough of Greenwich
PO8 - £63,966 to £67,575
You will provide the leadership, insight and compassion needed to create a home where young people feel safe, valued and supported. London (Greater)
Recuriter: Royal Borough of Greenwich

Senior Traffic and Road Safety Technician

North East Lincolnshire Council
NJC15 £31,015.00
You’ll work with colleagues to bring practical technical experience to a wide range of traffic and road safety issues North East Lincolnshire
Recuriter: North East Lincolnshire Council

Road Safety Education Technician

North East Lincolnshire Council
NJC11 £29,071.00
We’re looking for someone who is outgoing, enjoys working as part of a team North Lincolnshire
Recuriter: North East Lincolnshire Council

Streetworks Inspector

North East Lincolnshire Council
NJC15 £31,015.00
You’ll need to be organised, accurate and able to manage your own time effectively to meet the requirements of the role. North Lincolnshire
Recuriter: North East Lincolnshire Council

Engineer Operations Supervisor

North East Lincolnshire Council
NJC31 - £43,149
Your day will involve supporting operational teams, providing clear direction, resolving issues North Lincolnshire
Recuriter: North East Lincolnshire Council
Linkedin Banner