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/Principal Regeneration Officer

Fareham Borough Council
£45,465 - £55,379
Our town centre regeneration is moving from planning to delivery, and we're looking for someone who wants to help make regeneration happen. Fareham, Hampshire
Recuriter: Fareham Borough Council

Adults Social Worker - West Essex (Expression of Interest)

Essex County Council
£36124 - £51834 per annum + Flexible Working, Hybrid
Register your interest here to be notified of upcoming Social Worker opportunities within Essex County Council's Adult Social Care services in West E England, Essex, Harlow
Recuriter: Essex County Council

Team Manager - Care Leavers Team

Nottingham City Council
£53,051 - £56,293
As Team Manager for the Care Leavers Team, you will lead and support a dedicated team working with young people transitioning from care into adulthood Nottingham, Nottinghamshire
Recuriter: Nottingham City Council

Technician

Essex County Council
£32086.00 - £37748.00 per annum
TechnicianPermanent, Full Time£32,086 up to £37,748 per annumLocation
Recuriter: Essex County Council

Communications Officer

Essex County Council
£37226.7100 - £42110.5400 per annum
Maldon District Council is working in partnership with Essex Shared Services to support the role of Communications Officer, a full-time position offe England, Essex, Maldon
Recuriter: Essex County Council
Linkedin Banner