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

Erase Assistant Team Manager

Durham County Council
Grade 10 £38,220 - £41,771
Are you passionate about improving outcomes for teenagers at risk of exploitation, missing episodes and harm outside the home?   Durham Children's Ser Durham
Recuriter: Durham County Council

Active Travel Connectivity Officer

Durham County Council
Career Graded 8 - 10 - G8 £32,597 - £36,363 / G9 £35,412 - £39,152 / G10 £38,220 - £41,771
An exciting opportunity has arisen for an Active Travel Connectivity Officer within our Sustainable Travel and Advertising Team, supporting the delive Durham
Recuriter: Durham County Council

Headteacher

Durham County Council
£75,049- £86,803
Permanent Contract, Full Time Required to start January 2027. N.O.R. 349 (including Nursery)   Are you an exciting, dynamic and outstanding leader wit Seaham
Recuriter: Durham County Council

Executive Director for Place

Wokingham Borough Council
£148,609 per annum, plus benefits
As our Executive Director for Place, you will lead an outward looking and forward-thinking place-shaping agenda. Wokingham, Berkshire
Recuriter: Wokingham Borough Council

Service Director

South Gloucestershire Council
£100,289 to £109,445 per annum
South Gloucestershire is changing things for good. Gloucestershire
Recuriter: South Gloucestershire Council
Linkedin Banner