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UK construction company Carillion has gone into liquidation. Yui Mok

Minister 'confident' school building projects not in jeopardy after construction firm collapse

The Department of Education said school buildings in question are approximately 90% complete.

Updated 2.20pm

EDUCATION MINISTER RICHARD Bruton has said he is confident the collapse of the UK construction company Carillion will not jeopardise the construction completion of a number of Irish schools.

There are concerns over hundreds of projects on the books of the company which was forced into liquidation after its huge financial troubles of £1.5 billion made the firm buckle.

Carillion is involved in a number of projects in Ireland, including five schools and the Carlow Institute of Further Education.

Last year, the National Development Finance Agency (NDFA) announced that the contract for the government’s Schools Bundle 5 PPP project was being awarded to the InspiredSpaces consortium – a joint venture between Carillion and the Dutch Infrastructure Fund (DIF).

The NDFA acted as an agent for the Department of Education and Skills in the procurement of the project.

Carillion is responsible for the design, build, finance and maintenance of five schools on four sites in counties Carlow, Meath, Wexford and Wicklow. The schools included are:

  • Tyndall College Campus in Carlow, which will consist of a development that will provide accommodation for over 2,000 post primary school and Further Institute of Education students
  • Eureka Secondary School, Kells, in Meath. The project involves the replacement of the post primary school and will provide 800 pupil places
  • Loreto College in Wexford, where the secondary school will provide 900 pupil places
  • Coláiste Ráithín, Bray, County Wicklow is to be replaced with 450 pupil places
  • St Philomena’s National School in Bray, where 24 classrooms in the school are to be replaced. Both Colaiste Raithín and St Philomena’s NS will be constructed on a single new site in Bray.

The estimated capital value of the contract is approximately €100 million. To date, the State has made a payment of €4m in respect of off-site works.

Responding to TheJournal.ie, the Department of Education and Skills is aware of the compulsory liquidation of Carillion.

The department said the NDFA is currently assessing the implications of the Carillion liquidation on the contract for the schools mentioned above.

It noted that the NDFA is liaising with DIF in relation to next steps, adding that at this time, the school buildings in question are approximately 90% complete.

The statement continued:

The Department of Education and Skills remains committed to the full completion of these schools in as timely a manner as possible.

The State is not obliged to make any further payment until the full works and services set out under the contract have been satisfactorily delivered for each school.

Can’t view the video, click here. 

The Department of Education and Skills said it is monitoring the situation closely and will provide a further update as available.

Education Minister Richard Bruton reiterated that the State has only paid out a small sum of money on works that have already been completed, adding that the State own the schools.

He said he is confident the NDFA will be able to discuss a process for resolving an completing these works with the remaining shareholder.

An NDFA spokesman said that in accordance with international best practice, the schools contract includes detailed provisions that apply in the event of the liquidation to ensure that the project proceeds on a “business as usual” basis with minimal disruption.

The NDFA said it does not envisage material disruption or delay to the works. However the NDFA is actively monitoring the position in the context of the robust contractual protections under the contract.

Worldwide, Carillion has been involved in a number of large-scale projects, such as Battersea Power station redevelopment and the Anfield Stadium expansion. It was also due to be involved in the forthcoming HS2 high-speed railway line in the UK.

The company employs about 20,000 people in the UK, however Sky News reports some 43,000 jobs worldwide now hang in the balance.

TheJournal.ie has attempted to contact Carillion for comment.

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    Mute itzme
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    Jan 15th 2018, 10:01 AM

    No doubt the small contractors /tradesmen will not get paid.

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    Mute Nick Allen
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    Jan 15th 2018, 10:04 AM

    @itzme:

    The UK government said that employees will still be paid and should continue to go to work. However, they didn’t say they would pay contractors.

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    Mute Lancer
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    Jan 15th 2018, 11:18 AM

    @itzme: Both of the schools in Bray are complete, not sure about the others. This may be a non-story if the other projects are at a similar stage.

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    Mute Yer Man
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    Jan 15th 2018, 11:41 AM

    @Lancer: not quite complete yet.

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    Mute Lancer
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    Jan 15th 2018, 11:45 AM

    @itzme: All of these schools are complete with the exception of Loreto College in Wexford which looks close to completion. That took me 2 minutes to research. Does anybody bother researching on the Journal??

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    Mute James Lowry
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    Jan 15th 2018, 11:50 AM

    @Lancer: I wouldn’t say it would be a non-story considering how many Irish contractors are also working for them in UK. Also guarantees and retention’s of the works they just completed in those schools is now affected.

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    Mute Lancer
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    Jan 15th 2018, 12:32 PM

    @James Lowry: That’s fair enough it was poorly worded, however I feel the intention was to sensationalise the story without stating the facts.

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    Mute Cathal
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    Jan 15th 2018, 12:36 PM

    Some may be complete but they are also responsible for maintenance contracts for each which generally runs for 25 years. It’s not just about the construction

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    Mute James Lowry
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    Jan 15th 2018, 12:46 PM

    @Lancer: that would be nothing new on here!

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    Mute Gearóid ÓCiaráin
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    Jan 15th 2018, 12:48 PM

    @Lancer: Be careful where you research!!

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    Mute Paul Coughlan
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    Jan 15th 2018, 12:54 PM

    @itzme: usually the largest number of creditors.

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    Mute Gillian Scully
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    Jan 15th 2018, 1:17 PM

    @itzme: Dreadful if they don’t get paid because they are doing business with a company in good faith.

    Maybe there is a lesson here to stick to what you know and your core business.

    What if they don’t supply food to all the 23,000 kids?

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    Mute Aidan Mitchell
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    Jan 15th 2018, 1:21 PM

    @Gillian Scully: not sure what you mean or are trying to say?
    Re: “stick to your core business”?
    And “food to 23,000 kids”

    Maybe it’s just me and it’s Monday…!?

    17
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    Mute Onion Knight
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    Jan 15th 2018, 3:09 PM

    @Lancer: surely the Journal would never do such a thing!

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    Mute Gillian Scully
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    Jan 15th 2018, 3:41 PM

    @Aidan Mitchell: Sorry about that I had been reading sky news about the company and they also supply food for school among other diverse areas. Apparently that is all due to their buying other companies.

    No wonder I confused you and everybody!

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    Mute Steven Meen
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    Jan 15th 2018, 7:37 PM

    @Lancer: the school in kells is 2 months away from been finished at least.. I’m working on it since July.. and Carlow is even further behind

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    Mute Sean Conway
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    Jan 16th 2018, 7:57 AM

    @Nick Allen: It’s going to cost the british taxpayer nearly 3 billion. and the fatcats will walk into the sunset with big pensions. says a lot about the mythical private sector.

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    Mute John Fahy
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    Jan 15th 2018, 10:30 AM

    Why can’t an Irish builder build Irish schools?

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    Mute Larry Doyle
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    Jan 15th 2018, 10:47 AM

    @John Fahy: A more accurate question might be – why can’t an Irish builder build Irish schools at a competitive price?

    291
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    Mute Orla Cosgrave
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    Jan 15th 2018, 11:06 AM

    @John Fahy: exactly why did it go to a British Firm?

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    Mute Martin Duffy
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    Jan 15th 2018, 11:08 AM

    @John Fahy: Totally agree!

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    Mute P.J. Nolan
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    Jan 15th 2018, 11:11 AM

    @Orla Cosgrave:
    I should imagine they were cheaper?

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    Mute sean o'dhubhghaill
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    Jan 15th 2018, 11:17 AM

    @John Fahy: Open competition. Open tendering. Irish firms I am sure put in bids. So why were they not chosen?

    34
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    Mute Diarmaid Mac Aonghusa
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    Jan 15th 2018, 11:28 AM

    @John Fahy: For the moment the UK is in the EU and so British companies can tender for any public contracts in Ireland just as Irish companies can and do tender for contracts across the EU. When they leave we can, if we wish, exclude them from these contracts but then Irish companies might be excluded from British contracts. Note that it was Irish contractors involved in the schools that recently had to have extensive corrective work done to them to meet fire safety standards.

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    Mute Yer Man
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    Jan 15th 2018, 11:40 AM

    @Diarmaid Mac Aonghusa: Irish contractor did build them, Sammon construction, not quite finished yet. I’m working on the sites.

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    Mute James Lowry
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    Jan 15th 2018, 11:52 AM

    @Orla Cosgrave: Do you know how many Irish contractors are working in the UK and mainland Europe? I bet they are asking the same thing. Open tendering that’s what you get.

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    Mute Paul Coughlan
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    Jan 15th 2018, 12:55 PM

    @John Fahy: eu regulations and requirement to advertise eu wide.

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    Mute Father Hody Commody
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    Jan 15th 2018, 1:38 PM

    @John Fahy: The real question though is whether due diligence was done as to the financial stability of Carillion/I spired Spaces At that amount of debt, it hardly just came upon them in the past year or two. Were they tax- compliant? The successful tender should not have been successful if there was such debt hanging over them.

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    Mute Maurice Dodd
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    Jan 15th 2018, 4:38 PM

    @John Fahy: because we are in the e.ugh these contracts are open to any builder in the e.ugh
    A friend company closed because it lost a key contract to a Spanish company

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    Mute Keith Flood
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    Jan 15th 2018, 4:45 PM

    @Larry Doyle: An English based company , Carillion , won the tender for the schools in a grouped tender , they then employed the services of an Irish Construction company to undertake the build . Plenty of Irish subcontractors will suffer as a result of this .

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    Mute Joseph Caulfield
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    Jan 15th 2018, 6:18 PM

    @Diarmaid Mac Aonghusa:
    Was it not northern Irish

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    Mute Rory J Leonard
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    Jan 16th 2018, 7:06 AM

    @John Fahy:

    Mainly because Irish Contractors understand to steer clear unless proper gross margins can be earned on large projects.

    Read somewhere that Carillion went in at 2% on a few jobs, presumably for a temporary cash flow fix. Wafer thin margins in any business nearly nearly always end in tears!

    A £200 m shortfall/delayed progress payment on a Qatar 2022 World Cup related project in Doha contributed to Carillion’s demise.

    Many an Irish Construction Contractor almost suffered similar fate by attempting to compete in Middle East region.

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    Mute Sean Conway
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    Jan 16th 2018, 8:41 AM

    @P.J. Nolan: That iswhy they are bankrupt.

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    Mute Virtual Architect
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    Jan 16th 2018, 12:04 PM

    @John Fahy: That’s our good friends the EU that require all tenders to be submitted across the entire 28 countries. You can’t be arguing with the EU now can you? There’s a Good Citizen.

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    Mute FrankDapavia
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    Jan 15th 2018, 9:51 AM

    Here we go.
    Celtic Tiger part deux.

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    Mute Mark Johnson
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    Jan 15th 2018, 9:56 AM

    UK celtic tiger?

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    Mute Declan Fitzsimons
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    Jan 15th 2018, 10:10 AM

    @FrankDapavia: ….eh, Carillion are not an Irish company

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    Mute Grotmaster
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    Jan 15th 2018, 11:42 AM

    @Declan Fitzsimons: They built Dublin Port Tunnel. And Watergrasshill bypass. Via JV, I must add.

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    Mute Johnny Mason
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    Jan 15th 2018, 11:54 AM

    @FrankDapavia: and to be sure Nama part deux will follow

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    Mute Franklin Roosevelt
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    Jan 15th 2018, 9:54 AM

    Weird how the economy is allegedly “booming,” banks were recapitalized to the fullest by the taxpayer so they could lend to businesses… and then this happens?

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    Mute Nick Allen
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    Jan 15th 2018, 10:02 AM

    @Franklin Roosevelt:

    Although the banks have money to lend they still risk assess and will not loan money to organisations which they believe will default on payment. The UK government refused to guarantee the bank loan so the banks were absolutely right to refuse the loan.

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    Mute Franklin Roosevelt
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    Jan 15th 2018, 10:22 AM

    @Nick Allen: fair enough, thanks for clarifying!

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    Mute Christy Nolan
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    Jan 15th 2018, 10:26 AM

    @Franklin Roosevelt:
    I don’t believe any government agency figures anymore.
    Trolley, breathalyser, hospital waiting lists, homeless, etc, etc.
    Lies on top of lies and they believe their own spin.

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    Mute Nick Allen
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    Jan 15th 2018, 11:19 AM

    @Franklin Roosevelt:

    It’s potentially a shocking loss of jobs, circa 40k. I assume (hope) they have some good contracts and are just badly managed and someone will acquire them and save the majority of the jobs

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    Mute Paul Coughlan
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    Jan 15th 2018, 12:56 PM

    @Franklin Roosevelt: uk company.

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    Mute James Doyle
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    Jan 15th 2018, 2:04 PM

    @Franklin Roosevelt: The systemic failures that caused the 2008 financial crash were never seriously tackled. The major Central banks World wide lowered interest rates to zero, (no return on money on deposit losing value with inflation) they printed trillions of various fiat paper currencies to buy bank junk bonds with no tangible assets to back the paper money, it is a debt based recovery that has been created and when the bond markets crash the artificial recovery will be exposed for what it is. Stock markets which are pumped up with this money printed out of tin air will also come tumbling down, when economies are built on huge bond debt owed by Governments, huge business debts, and individual debt it always ends in a crash and the next one which is well on the way will make the 2008 crash look like a walk in the park.

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    Mute Dave Doyle
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    Jan 15th 2018, 3:24 PM

    @Fred Croydon: Always with the positive comments Fred.

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    Mute Lord Clanricarde
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    Jan 15th 2018, 10:10 AM

    Nothing to do with Irish economy or the British to be fair. These are the largest government contractor in the UK. They construct all the jails, schools and social housing aswell as massive government maintenance contracts. They built the channel tunnel and other massive infrasturure projects throughout the UK. They have had a number of slaps on the wrist over the last 3-4 years for misleading investors on their financial reports. Just before Christmas large international investment banks finally pulled the plug on their credit..Over 20,000 employed directly by them in the UK, multiples more of that through sub-contractors!

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    Mute Rory J Leonard
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    Jan 15th 2018, 10:34 AM

    @Lord Clanricarde:

    With such a blue chip client base, just how did Carillion manage to land itself in such a mess?

    I suppose if it had similar Management bonus pool to that of Persimmon’s £1 bn…enough said!

    UK really needs to reverse Brexit, if only for the continuous flow of sensible directives from Brussels on corporate governance and other matters Financial, which would save Blighty from sinking further to becoming the Wild West of Capitalism!

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    Mute SeanGabriel1453
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    Jan 15th 2018, 10:45 AM

    @Rory J Leonard: But Rory all those EU directives applied to Carrilion since throughout the firms entire existence, the UK was and remains to this day a full member of the EU, so I fail to see what this can possibly have to do with “Brexit”.

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    Mute Larry Doyle
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    Jan 15th 2018, 10:48 AM

    @SeanGabriel1453: How many schools would they be building in Ireland after the UK leaves the EU?

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    Mute Lord Clanricarde
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    Jan 15th 2018, 10:56 AM

    @Rory J Leonard: They are already under EU financial rules. They are £1bn pounds in dept with over £600m of a pension deficit!.. Santander pulled the plug before Christmas which led to this!

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    Mute Rory J Leonard
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    Jan 16th 2018, 1:31 AM

    @SeanGabriel1453:

    EU directives get tweaked all the time Sean.

    EG capital adequacy ratios for banks got jacked up following the 2008 banking crises across EU, to ensure stronger buffers against any future systemic shocks in the sector.

    Similarly, with giant over-leveraged corporates, particularly those engaged in sizable Government Contracts, I’m sure it’s only a matter of time before EU steps in with more meaningful directives for say capital structure tweaks within a plc in the event of more than one profit warning occurring over a 6 mth period.

    In my opinion, there’s less of a chance of a Carillion type repeat if Brexit doesn’t happen, as strong EU regulation of plc’s (audits, bonus pools etc )should ensure higher stds. of CG and much resources for EU wide oversight.

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    Mute ChuckE
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    Jan 15th 2018, 10:24 AM

    You wont get a reply from the department until files go missing and everyone has their story straight. How did a company in such financial difficulty get and keep the contracts

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    Mute Lord Clanricarde
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    Jan 15th 2018, 11:39 AM

    @ChuckE: They are the largest contractor in the UK. They have the contracts for the construction of jails,schools and social housing. They also have the contracts for the maintenance of most UK Gov property including the likes of the MI5 offices etc. All companies carry debt, most just manage it better than others.

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    Mute crookshank
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    Jan 15th 2018, 9:58 AM

    This has nothing to do with the Irish economy. Its a massive kick in the balls for the British Government and its economy…

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    Mute Keith Flood
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    Jan 15th 2018, 4:52 PM

    @crookshank: It has everything to do with our economy . Carillion won the The contract , but farmed the work out to an Irish Construction company who them employed the services of many Irish sub-contractors . Plenty of Irish businesses , small businesses , will suffer .

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    Mute Marie Berrill
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    Jan 15th 2018, 10:31 AM

    Why was an English company building Irish schools.. I suppose they gave a cheaper tender but would it hit be better for a couple of Irish companies to do the job, enemies if it was a bit more expensive, the government would gain the tax from their employment. Anyone ? Genuine query.

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    Mute Kenny Wolf
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    Jan 15th 2018, 10:39 AM

    @Marie Berrill: because we live in Europe that why. Carrillion bought over Irish Enco some time ago which was an Irish company. They also have a policy of using over 60% local labour on many projects. It’s like moaning why can’t Guinness be Irish when Diagio bought them over. It’s business. Companies merge and takeovers happen.

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    Mute Donal McCarthy
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    Jan 15th 2018, 11:49 AM

    @Marie Berrill: All public projects over a certain amount have to be put out to tender and the winner selected on merit.

    Being ‘an Irish company’ is not one of the grounds that you can use to select the winner, which is great for Irish companies, as these rules allow our companies to bid for projects all across the EU.

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    Mute Thomas Linehan
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    Jan 15th 2018, 10:31 AM

    How did they get contracts to build 6 irizh schools

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    Mute Larry Doyle
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    Jan 15th 2018, 10:41 AM

    @Thomas Linehan: By being the best tendered offer I assume.

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    Mute Colm Connolly
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    Jan 15th 2018, 10:43 AM

    @Thomas Linehan: because when a school is being built a tender is put out and they obviously had the best one , it’s not always about who’s cheaper it also goes on the details I’ve seen tenders given where the breakdown was the price and tax breakdown that’s it ,it should contain full time line breakdowns ,materials used everything that’s possible that needs to be done

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    Mute Joseph Caulfield
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    Jan 15th 2018, 6:21 PM

    @Colm Connolly:
    Or they picked them because they were the biggest company which is more likely. The bigger the company the fancier and more spoof filled the proposal but the droids fall for it every time.

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    Mute Larry Doyle
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    Jan 15th 2018, 10:40 AM

    In light of the U.K. leaving the EU you can see why the banks wouldn’t continue to support the company especially when so much of its revenue was coming from other EU countries. Don’t think many UK newspapers will see it that way though.

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    Mute
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    Jan 15th 2018, 11:22 AM

    Horrible firm the MDs should be held for something, they purposely gave unrealistic quotes meaning no one could compete, browed against government contracts. All options that made sure the MDs never lost.

    And this is why, they were building here in Ireland to.

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    Mute Sean Mac Giolla
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    Jan 15th 2018, 3:52 PM

    Opportunity for the government to pick up the schools cheaply from the liquidator and then abandon the Public Private Partnership model for future provision of schools,hospitals etc……we live in hope

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    Mute mcgoo
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    Jan 15th 2018, 10:33 AM

    20,000 employees jeepers

    11
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    Mute Larry Doyle
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    Jan 15th 2018, 10:43 AM

    @mcgoo: Only the start of the brexit jobs calamity I’m afraid.

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    Mute SeanGabriel1453
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    Jan 15th 2018, 10:48 AM

    @Larry Doyle: Absolutely NOTHING to do with Brexit, since the UK remains a member of the EU. The decision to leave the EU has been made, but the departure has not yet occurred.

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    Mute Ben Gunn
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    Jan 15th 2018, 10:49 AM

    @Larry Doyle: nothing to do with Brexit and everything to do with over trading. In business!or indeed any activity, success is not compulsory.

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    Mute Larry Doyle
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    Jan 15th 2018, 11:08 AM

    @SeanGabriel1453: Your use of capital letters aside, the bankers keeping this company afloat are not fools and know only too well that once the UK cuts itself off from its neighbouring countries the chances of getting work in those countries fades. Better to pull out before the cupboard is totally bare.

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    Mute Johnny Mason
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    Jan 15th 2018, 9:59 AM

    These Bailouts are the way to do business in the Building and Banking sectors money for Failure

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    Mute Shakka1244
    Favourite Shakka1244
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    Jan 15th 2018, 2:15 PM

    Surely we are duty bound, as Irish taxpayers, to bail this company out?

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    Mute DeFonz
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    Jan 15th 2018, 5:43 PM

    @Shakka1244: I‘m sure we can amass some unforeseen cost to ourselves..

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    Mute Dermot Fox
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    Jan 15th 2018, 2:09 PM

    @Larrydoyle maybe if the builder gave a realistic price in the first place they might not be going under

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    Mute Larry Doyle
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    Jan 15th 2018, 2:42 PM

    @Dermot Fox: I agree.

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    Mute Michael Mcshane
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    Jan 15th 2018, 4:24 PM

    Why can the journalists on the journal not spell !!!… “Bruton on Corillion collapse”…. C..A..R..I..L..L..I..O..N

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    Mute Adrian
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    Jan 15th 2018, 3:24 PM

    90% complete and only a small amount of money paid, Yea right bruton!

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    Mute Adrian
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    Jan 15th 2018, 3:42 PM

    @Adrian: The gov will have to add another few houses onto their contrived housing figures to hide the money they lost on this!

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    Mute Paul Coughlan
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    Jan 15th 2018, 5:54 PM

    I wonder is the minister aware of law on liquidations

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    Mute Randal McNally
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    Jan 15th 2018, 8:51 PM

    @Paul Coughlan: No ! Of course!!!

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    Mute DeFonz
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    Jan 15th 2018, 5:41 PM

    Names of those involved in awarding the these Irish Contracts to this shower .. or is that a massive State Secret??

    Did they have any unique skill other than their well proven ability to turn the heads of public officials?

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    Mute Randal McNally
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    Jan 15th 2018, 8:50 PM

    @DeFonz: How can you not know ? It’s the usual Unaccountable and Unsackable Department civil servants!!!

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    Mute Tom Harpur
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    Jan 15th 2018, 4:33 PM

    The Loreto secondary school in Wexford is built and was opened to students today I think. The wasn’t built by carillion it was built by Sammon so I’m confused I know it was a PPP Scheme

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    Mute retsnuM
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    Jan 15th 2018, 9:49 PM

    @Tom Harpur: All 5 schools in this bundle were built as a joint venture between sammon and carillion. Wonder if they will bring Sammon down with them?

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    Mute Paula Kehoe
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    Jan 15th 2018, 2:28 PM

    The Wexford school opened last week

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    Mute Paul Jennings
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    Jan 15th 2018, 4:12 PM

    Much as I like the Brits, they get up to some awfully stupid shit. The same company tendering for the proposed high speed train lines will only further carve up “England’s green and pleasant’ ” will cost about three times the original estimate, put people out of their homes, wreck natural habitats, create noise, nuisance and muck for literally years on end…and end up shaving only 20-30 minutes off travel time. And unless you’re called “Sting” you won’t be able to afford a flat in the now completely ruined Bat-a-see Power Station “residential complex.” It should/could have become a world class power station museum. And Carillion now only valued at about £60,000,000. Q. “However did you (Brits) win the war(s)?” A. “With your help, Paul.” ….oh okay then…

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    Mute Randal McNally
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    Jan 15th 2018, 8:47 PM

    Is he for real ? Even if they sort out a handover with the liquidator it will take months !!!

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    Mute Tim Buckley
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    Jan 16th 2018, 12:10 AM

    Jon losses are not confined to UK, plenty of lads here have lost their jobs already over this.

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    Mute Rachel Didleu
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    Jan 15th 2018, 7:32 PM

    If Dept of Education was going to get screwed, it would have been nice to have an Irish company doing the screwing……we really have to get over this post colonial crap…..

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    Mute Oliver McLoughlin
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    Jan 15th 2018, 8:05 PM

    @Rachel Didleu: Forgive me, but what does ‘post colonial crap’ have to do with this? Open tenders EU wide, benefits all sides (apparently) including us.

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    Mute Rachel Didleu
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    Jan 16th 2018, 1:07 AM

    @Oliver McLoughlin: (apparently)….you are not wrong there luuuuvie

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    Mute Paul Jennings
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    Jan 15th 2018, 4:45 PM

    C. Careful
    A. Aaaahhh
    R. Reverse
    I. Idiots
    l. lunatics
    l. loosers
    I. Imbeciles
    O. Oh lord
    N. Nutters

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    Mute Paul Jennings
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    Jan 15th 2018, 4:48 PM

    @Paul Jennings: Losers.

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