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 Building Surveyor

Royal Borough of Greenwich
PO6 - £54,267 to £57,402
The Royal Borough of Greenwich Repairs and Investment Section is looking for a strong and highly motivated Senior Building Surveyor Greenwich, London (Greater)
Recuriter: Royal Borough of Greenwich

Private Sector Housing (Single Household) Team Leader

Royal Borough of Greenwich
PO5 - £52,194 to £55,323
The Royal Borough of Greenwich is seeking an experienced and motivated Single Household Team Leader Greenwich, London (Greater)
Recuriter: Royal Borough of Greenwich

DMC Manager

Royal Borough of Greenwich
PO6 - £54,267 to £57,402
Are you a dynamic leader with a passion for delivering exceptional building surveying services? Greenwich, London (Greater)
Recuriter: Royal Borough of Greenwich

Street Cleansing Team Leader

Royal Borough of Greenwich
£40,547 - £41,870
Help keep Royal Greenwich clean and green - kick start your career with a role in Street Services in the Royal Borough of Greenwich. Greenwich, London (Greater)
Recuriter: Royal Borough of Greenwich

Culture and Heritage A Level Intern

North East Lincolnshire Council
National Minimum Wage
Are you looking to gain hands on experience? North East Lincolnshire
Recuriter: North East Lincolnshire Council
Linkedin Banner