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

Accounting Officer

Essex County Council
Up to £25081.00 per annum + + 26 Days Leave & Local Gov Pension
Accounting OfficerPermanent, Full Time£25,081 per annumLocation
Recuriter: Essex County Council

Cook

North Yorkshire Council
£13.47 to £14.13 per hour
We have an opportunity to join our award-winning Facilities Management catering team Settle, North Yorkshire
Recuriter: North Yorkshire Council

HR Business Partner

North Yorkshire Council
£47,181 - £51,356 pro rata per annum
Health and Social Care Services have the privilege and responsibility of supporting people and their families when they need it the most. Northallerton, North Yorkshire
Recuriter: North Yorkshire Council

Building Surveyor (Building Control)

Kirklees Metropolitan Council
£38,220 to £44,075
Join our energetic and collaborative Building Control team, where your ideas will shine, and your voice will be heard. Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Occupational Health Technician

North East Lincolnshire Council
NJC15 £30,024
Could you play a vital role in protecting and promoting the wellbeing of an entire workforce? North East Lincolnshire
Recuriter: North East Lincolnshire Council
Linkedin Banner