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

Family Worker (Link Role) - 12 month FTC

Essex County Council
£33049.00 - £37698.00 per annum + + 26 Days Leave & Local Gov Pension
Family Worker (Link Role)Fixed Term, Full Time£33,049 to £37,698 per annumLocation
Recuriter: Essex County Council

Attendance Specialist

Essex County Council
£29512.00 - £34720.00 per annum
Attendance SpecialistPermanent, Full Time£29,512 to £34,720 per annumLocation
Recuriter: Essex County Council

Fostering Panel Manager (CDC)

City Of Doncaster Council
Grade 10 - £48,227 - £52,414 (Pay award pending)
As Fostering Panel Manager, you will be responsible for the effective operation and development of the Fostering Panel Doncaster, South Yorkshire
Recuriter: City Of Doncaster Council

Senior Officer – Learner Services

Sandwell Metropolitan Borough Council
Band E SCP 18-25 (£31,537 - £36,363 per annum)
We are an Adult Education service delivering courses across a range of subjects Sandwell, West Midlands
Recuriter: Sandwell Metropolitan Borough Council

Senior Practitioner - Children in Care, Mid Essex

Essex County Council
£48205.0000 - £57988.0000 per annum
Senior Practitioner - Children in Care, Mid EssexPermanent, Full Time£48,205 to £57,988 per annumLocation
Recuriter: Essex County Council
Linkedin Banner