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.