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Oxfordshire agrees £10m Carillion exit deal
A contract with liquidated construction company Carillion to carry out work in Oxfordshire has been terminated early.
The county council paid Carillion £10.65 million to cover work already completed and to bring the end of the contract forward from June this year.
Oxfordshire County Council signed a 10-year contract with the firm in 2012, but last year agreed to transfer back most services except facilities management.
Lorraine Lindsay-Gale, cabinet member for property services, said: “This early exit deal means we can get on with finding better ways to deliver services that Carillion provided.
"We recognise the significant impact on local companies working for Carillion that may be owed money and hope that work can continue as soon as possible.”
A spokesperson said services previously provided by Carillion will continue through a mix of bringing staff in-house, continuing with suppliers, and working with existing sub-contractors.
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