NG Bailey takes £2m Carillion hit

By Jordan Marshall and Hamish Champ2018-08-16T12:23:00

The M&E specialist had been a subcontractor on the Midland Metropolitan Hospital job

NG Bailey has been forced to write-off £2.1m due to Carillion’s collapse, according to the contractor’s for the 12 months to 2 March.

The specialist contractor, who landed a £80m deal to deliver MEP services to the ill-fated Midland Metropolitan Hospital (pictured) job in 2015, said Carillion’s collapse had resulted in the firm taking a financial hit.

The company said: "On 15 January 2018, Carillion plc filed for compulsory liquidation. As a result of the Carillion liquidation, NG Bailey Limited has recognised a £2.1m of exceptional costs for irrecoverable contract costs."

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