Second Carillion PFI deal reverts to public funding
The collapse of Carillion, which was contracted by private consortium The Hospital Company for the new build, meant work was halted in January.
The news follows August’s announcement that public funding would be allocated to complete another Carillion PFI contract at the new Midlands Metropolitan Hospital.
Since January, the Liverpool trust has been in discussions with the Department of Health and Social Care, the Treasury, the consortium and funders to restart construction as soon as possible.
However, at the end of September, the trust announced that this could not be achieved within the existing PFI agreement and it intended to terminate the agreement after 30 September.
Subject to government approval and legal agreements being finalised, the consortium will hand over contracts for construction, supply chain and facilities management to the trust.
In a statement, the trust said: ‘This is now the fastest way in which we can see construction on the new Royal restarted and means we have outlined a process for doing so.
‘This is really positive news for our staff, patients and the people of Liverpool. We now have a solution and can work on moving forward.’Related content
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