Interserve subcontractors 'won't lose out from administration'

 

Interserve’s subcontractors will not be affected by its ‘pre-pack administration' last week, a minister has told MPs.

Cheltenham MP Alex Chalk asked Cabinet Office minister Oliver Dowden to confirm that no subcontractors have been adversely affected by outsourcing contractor’s move, in which it went into administration and ended up being owned by its creditors.

”Local

Mr Dowden (pictured) said he was happy to give suppliers ‘that assurance’. He added: ‘There is absolutely no change in the status of the credit rights of those suppliers who are providing services, as the operating companies remain unaffected; it is the ownership that has changed.’

Mr Chalk also raised the case of Carillion, in which ‘subcontractors were left dangerously exposed by unethical and over-lengthy payment terms’, asking the minister ‘what he is doing to ensure that these big companies cannot continue to act unethically in this way, but should play by the rules’.

Mr Dowden said he had twice brought in strategic suppliers ‘and reminded them of the importance of paying their subcontractors on time, and we are backing that up with action’.

The minister described Interserve’s move as a 'pre-pack administration', a ‘well-established and normal process’ of which hundreds are performed every year, under which the operating companies…that actually deliver the services, were then almost immediately purchased by a new company, Interserve Group Ltd.’

He said: ‘To be clear, the operating companies responsible for the delivery of all Interserve’s services, public and private, have remained wholly unaffected.’

 
comments powered by Disqus
 
 
highways jobs

Definitive Map Manager

Cambridgeshire County Council
£32,825 - £35,401
This role is based within the Highways Service at Cambridgeshire County Council and provides an unusual and... Cambridgeshire
Recuriter: Cambridgeshire County Council

Bridge Park Operations Manager

Brent Council
£38,799 - £41,706 p.a. inc.
This is an exciting opportunity to play a key role in managing the operations and contributing towards the... Brentford (City/Town), London (Greater)
Recuriter: Brent Council

Assistant Engineer

Cambridgeshire County Council
£21,074 - £30,756
A great opportunity for someone looking to start or develop a career in Highways Engineering including the... Cambridgeshire
Recuriter: Cambridgeshire County Council

Head of Strategic Transport

Cheshire East Council
£64,000 - £75,000 + benefits
We’re committed to “working for a brighter future together” – and we expect you to be too! Cheshire
Recuriter: Cheshire East Council

Regeneration Manager

Mole Valley District Council
£52,895 - £57,143 FTE
This is a great career opportunity to specialise in town centre regeneration and repositioning. Dorking, Surrey
Recuriter: Mole Valley District Council

Technical Services Officer (Mechanical)

Kirklees Metropolitan Council
£36,876 - £38,813
This is an exciting and challenging time for Kirklees and we want to expand our team to manage and deliver construction... Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Road and Footway Asset Engineer

Kent County Council
£28,925 per annum
An exciting opportunity has arisen to join the Road and Footway Asset Team as an Asset Engineer. Kent
Recuriter: Kent County Council

Head of Waste

Lincolnshire County Council
£65,651 - £70,725
As Head of Waste, you will be commercially focussed and forward-thinking. Lincolnshire
Recuriter: Lincolnshire County Council

Assistant Director

Reading Borough Council
Up to £92k
It’s the ideal time to take the lead on our modernisation agenda, and deliver growth in the trading of our front line services. Reading, Berkshire
Recuriter: Reading Borough Council

Assistant Director – Highways

Lincolnshire County Council
£82,264 - £107,878
Come and lead the future agenda for our highways services. Lincolnshire
Recuriter: Lincolnshire County Council

County Highways Manager

Lincolnshire County Council
£55,503 - £60,578
Seeking a highly motivated leader and an excellent communicator, who has a proven ability to build relationships and trust, leading by example. Lincolnshire
Recuriter: Lincolnshire County Council

Local Highways Manager (East) - Lincolnshire County Council

Lincolnshire County Council
G12 £43,662 - £50,430
Seeking someone who combines excellent technical knowledge with a dedication to the customer. Lincolnshire
Recuriter: Lincolnshire County Council