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

Transport and Major Work Manager

Slough Borough Council
£54,556 to £60,085 per year Inclusive of Local Weighting Allowance of £1096
Drive the future of transport and infrastructure in Slough Slough, Berkshire
Recuriter: Slough Borough Council

Principal Enforcement Officer

North Yorkshire Council
£47,181 - £51,356
Make your next move a permitted development. Selby, North Yorkshire
Recuriter: North Yorkshire Council

Family Worker (Link Role)

Essex County Council
£33049.00 - £37698.00 per annum + pension
Family Worker (Link Role)Fixed Term, Full Time£33,049 up to £37, 698 per annum Location
Recuriter: Essex County Council

Principal Lawyer Litigation and Housing

Kirklees Metropolitan Council
£51,356 to £56,494 (Pay award pending)
We are looking for two enthusiastic, hardworking lawyers to take on leadership roles within our Litigation and Housing Team. Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Senior Policy Planner - Maldon District Council

Essex County Council
Negotiable
Please click here to view the full responsibilities and accountabilities of the Senior Policy Planner role.Maldon District Council is working in partn England, Essex, Maldon
Recuriter: Essex County Council
Linkedin Banner