Carillion, the UK’s second largest construction firm, went into compulsory liquidation on Monday 15 January with £1.5bn of debt, including a £587m pension shortfall.
The government has said it will provide funding to ensure Carillion’s 450 public services contracts continue but this will not apply to private contracts. FIS has actively supported the Ten Minute Rule Bill which seeks to amend the 1996 Construction Act and ensure that retentions within construction are held in a third party trust scheme. The Bill will receive a second reading on 27 April. Evidence of retentions abuse will add support to this Bill, so please email davidfrise@thefis.org if you have anything, all evidence will remain confidential.
If your business will be impacted by Carillion’s collapse, please let us know as we can direct you to the free legal advice provided by Womble Bond Dickinson. Contact the FIS office on 0121 707 0077 or email info@thefis.org
Below is a list of statements, websites and support numbers for those affected by the collapse of Carillion:
The Government’s insolvency service has called for anyone who dealt with Carillion before it went into liquidation to fill in a questionnaire designed to support its investigations. To provide the Official Receiver with details regarding your dealings with Carillion plc and/or its subsidiaries please click on this link. The survey will be available until 9 May. This questionnaire is aimed specifically at anyone who did business with Carillion, rather than employees of Carillion.
Simon Lewis, a partner in the Construction and Engineering team at Womble Bond Dickinson, considers the implications for the supply chain following Carillion’s demise in his Legal article for the March edition of SpecFinish. Read more
The CPA is aware a number of trade associations have contacted BEIS to ask how firms should pursue claims for title relating to materials, other products or equipment left on site following the demise of Carillion. The latest guidance from PwC is to complete and submit a questionnaire with relevant supporting documents to evidence your entitlement to any goods. The CPA has been asked to emphasise that firms should in the first instance contact their usual contacts within Carillion prior to making any claims, and to send any completed forms to them. A copy of the form firms are required to complete can be downloaded here.
31 January – CITB is offering an apprentice adoption grant as it continues to support the Carillion workforce and supply chain. Read more
CITB Statement and Support for Apprentices
PwC – Special Managers 0800 063 9282
Cabinet Office – Government protects essential public services
HMRC outlines support for affected businesses
BEIS – Business Secretary outlines departmental action following Carillion liquidation
BEIS Business Support Hotline – 0300 456 3565
Pensions – 020 7630 2715