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County agrees multi-million pound exit after Carillion collapse

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Oxfordshire CC has made a final payment of of £10.65m to the failed contractor Carillion for completed work, and ended its school meals and maintenance services contract early.

The council made a final settlement to bring the end of the contract forward from the end of June to 1 February 2018. The money paid was to cover work already completed. 

Lorraine Lindsay-Gale (Con), cabinet member for community services, said: “We brought the process forward and legally terminated our contact and will be taking over those services to ensure continuity.

“Carillion’s financial problems were not the original reason we wanted to end the contract. But as the scale of the company’s problems became apparent we are very glad we ended the contract when we did.”

Carillion entered into liquidation on 15 January and Oxfordshire agreed to end the contract in December, preventing the need for litigation.

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