On the day of its collapse industry giant Carillion was the main contractor on 57 construction projects across the UK, worth a total of £5.7bn, according to data analysed and collated by Barbour ABI.
According to the data, 10 of the 57 projects were each individually worth more than £150m, including the Royal Liverpool hospital and an army basing programme in Salisbury, worth £450m and £340m respectively, while an HS2 contract was reported to be worth £1.3bn.
Carillion was also involved in 16 framework contracts as part of a list of companies pre-selected or pre-qualified to undertake works for an organisation. These framework contracts are not included as part of the final 57 projects as there is no guarantee that they had won any work from the framework.
Commenting on the findings, Michael Dall, lead economist at Barbour ABI, said: “Carillion was deeply embedded within the construction industry – it was the second biggest contractor in the UK by revenue. Our records show that it was the main contractor on almost 60 schemes worth a total value of £5.7bn. That is not to mention the plethora of other contracts where they were carrying out other construction roles.”
“The sector where Carillion had the largest presence was infrastructure – road and rail projects were a particular speciality for the firm. In addition, Carillion was in the process of delivering two new hospitals and was also responsible for various school improvement projects.
Dall added: “What happens to these projects is a matter for conjecture. If the reason Carillion went bust was due to under-bidding then it stands to reason that the financial terms will have to be renegotiated. There is no doubt this will happen but will it happen quickly enough to save the many firms in the Carillion supply chain?”