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

Senior Wellbeing and Public Health Officer

Essex County Council
£36560 - £43011 per annum + Flexible Working, Hybrid Working
This is a fixed term contract or secondment opportunity for up to 20 months.Interviews will be held week commencing 03-08-2026 (in person)*This is a England, Essex, Chelmsford
Recuriter: Essex County Council

Homelessness Personal Advisor - Leaving & After Care Team

Essex County Council
£33049.0000 - £37698.0000 per annum
Homelessness Personal Advisor - Leaving & After Care TeamFixed Term, Full Time£33,049 to £37,698 per annumLocation
Recuriter: Essex County Council

Social Worker - Adoption Mid Essex

Essex County Council
£36124.0000 - £51834.0000 per annum
Social Worker - Adoption Mid EssexPermanent, Full Time£36,124.00 to £51,834.00 Per Annum Location
Recuriter: Essex County Council

Health and Social Care Trainer - North Essex

Essex County Council
£29468 - £34668 per annum
Health and Social Care Trainer - North EssexPermanent, Part Time£29,468 to £34,668 per annum (full time equivalent) Location
Recuriter: Essex County Council

Senior Practitioner Children, Young People with Disabilities

Essex County Council
£48205.0000 - £57988.0000 per annum
Senior Practitioner - Children and Young People with Disabilities Mid EssexSecondment, Full Time£48,205 to £57,988 Per Annum Location
Recuriter: Essex County Council
Linkedin Banner