A look at the numbers behind Carillion’s request from government, an accident spike on an Aberdeen bypass as well as a profit jump at Willmott Dixon.
£3bn – Carillion’s govt demands
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The contractor asked for protection from regulators and to block customers from terminating contracts two weeks before its collapse, according to information released by the National Audit Office. It also wanted a commitment that the public sector would award Carillion its “fair share” of work in the future.
225% – AWPR 2015 accident spike
The average number of accidents per month on the £745m Aberdeen bypass between February and July 2015 was 5.2. However, this then rocketed to a monthly average of 16.8 between August and December of that year – a rise of 225 per cent. CN obtained these figures from internal safety reports as part of an investigation into health and safety allegations on the delayed AWPR scheme.
£49.1m – Interserve’s Edinburgh sale
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Interserve confirmed M&G Real Estate had bought the site, which was owned by its joint venture with Tiger Developments. In its most recent results, Interserve announced a £30m contingency in case it failed to sell the scheme by the middle of the year.
>£10m – post-Carillion hospital costs
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Sandwell and West Birmingham NHS Trust chief executive Toby Lewis said remedial works could cost tens of millions of pounds, as the process of installing a new contractor on the project had stalled. A plan put forward in March to transfer Carillion workers to a new contractor and for work to restart has stalled, according to Mr Lewis, and is “unlikely to progress in its current form”.
20% – Profit jump at Willmott
Willmott Dixon has reported a 20 per cent increase in pre-tax profit for the year to 31 December 2017, while turnover was also up during the 12 months from £1.22bn to £1.30bn. Willmott’s construction and fit-out businesses are now focusing on repeat business with clients and securing framework jobs, the firm said.
20 – £2bn framework winners
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The framework will run until 2022 and covers construction work for local authorities, schools, colleges, universities, NHS trusts and leisure providers. Bam Construct, Laing O’ Rourke, Morgan Sindall and Willmott Dixon all won places on the two highest-value lots for works valued at £25m-plus and those worth £15m-£25m.