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

Waste Minimisation & Sustainability Supervisor

Essex County Council
Up to £16.2600 per hour
Waste Minimisation & Sustainability Supervisor - Braintree District Council Braintree, Essex Full-Time, Temporary 6-month Contract £16.26 PAYE / £20.8 England, Essex, Braintree
Recuriter: Essex County Council

Land Charges Assistant - Rochford District Council

Essex County Council
Up to £15.0000 per hour
Land Charges Assistant - Rochford District Council Rochford, Essex Full-Time, Temporary 3-Month Contract - 37 Hours per week£15.00 PAYE / £19.23 Umbre England, Essex, Rochford
Recuriter: Essex County Council

Public Facilities Security Operative - Tendring

Essex County Council
Up to £12.8500 per hour
Public Facilities Security Operative - Tendring District Council Brightlingsea - Walton-on-the-Naze, Essex Part-Time, Temporary £12.85 PAYE / £16.48 U England, Essex
Recuriter: Essex County Council

Mechanical & Electrical (M&E) Compliance Officer

Essex County Council
Up to £450.0000 per day
Mechanical & Electrical (M&E) Compliance Officer - Harlow Council Location
Recuriter: Essex County Council

Principal Surveyor

Durham County Council
Grade 14
Durham County Council
Recuriter: Durham County Council
Linkedin Banner