Minister for the Cabinet Office Francis Maude met with 34 companies including Interserve, Balfour Beatty and Carillion earlier this week in a move to renegotiate contracts they hold with central government, according to Construction News.
The summit followed a previous set of negotiations with 19 other suppliers over the summer, mainly in the facilities management and communications sector, and form part of the coalition government’s austerity drive.
In a statement, Maude said: “Although renegotiating contracts in this way had never been done by government before, it has proved to be a success for all sides involved, particularly the taxpayer.
Register for free or sign in to continue reading
This is not a paywall. Registration allows us to enhance your experience across Construction Management and ensure we deliver you quality editorial content.
Registering also means you can manage your own CPDs, comments, newsletter sign-ups and privacy settings.
