To ask Her Majesty's Government further to the Written Answer by Lord Young of Cookham on 25 January (HL4734), which Carillion contracts had a contingency plan put in place; what were the dates when such contingency plans became operable; what was the additional cost to Her Majesty's Government of each contingency plan; and which contracts did not execute a contingency plan.
Answered on
20 February 2018
The continuation of public services has and continues to be our primary focus. To that end, robust contingency plans have been developed by departments as part of routine contract management. Contingency plans for Carillion contracts were enacted once the decision was taken by the company to enter insolvency on 15 January.
Project-level costs are not held centrally, but HM Treasury announced that it was providing £154m to the Official Receiver. It is too early to assess what the final financial position will be.