Around 300 of Carillion’s smaller rail suppliers are to be paid the arrears they are owed following a further agreement between the Official Receiver’s Special Manager, PwC, and Network Rail.
The agreement covers Carillion’s small rail suppliers’ arrears from Christmas through to 15 January when the company went into liquidation and will involve around two-thirds of Carillion’s rail supply chain.
This is in addition to last week’s announcement that all certified work after 15 January to all suppliers on rail projects will be paid until further notice and that Carillion rail employees will be paid until at least mid-April.
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