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schemes worth a total value of £5.7bn. That is not to mention the plethora of other contracts where they were carrying out other construction roles.”
Michael continued: “The sector where Carillion had the largest presence was infrastructure - road and rail projects were a particular speciality for the firm. In addition, Carillion were in the process of delivering two new hospitals and were also responsible for
various school improvement projects. What happens to these projects is a matter for conjecture. If the reason Carillion went bust was due to under- bidding then it stands to reason that the financial terms will have to be renegotiated. There is no doubt this will happen but will it happen quickly enough to save the many firms in the Carillion supply chain?”
www.barbour-abi.com
Carillion Projects Worth £5.7bn
As the economy continues to come to terms with the collapse of Carillion, the latest figures suggest that on the day of liquidation, the industry giant was the main contractor on 57 construction projects worth a total of £5.7bn, including a £1.3bn HS2 contract.
This latest information comes from construction industry analysts Barbour ABI, who outlined that ten of the 57 projects were each individually worth more than £150m, such as the Royal Liverpool hospital and an Army basing programme in Salisbury worth £450m and £340m respectively.
Carillion were also involved in 16 framework contracts as part of a list of companies pre-selected or pre-qualified to undertake works for an organisation. These framework contracts are not included as part of the final 57 projects as there is no guarantee that they had won any work from the framework.
Commenting on these findings, Michael Dall, Lead Economist at Barbour ABI, said: “Carillion were deeply embedded within the construction industry - they were the second biggest contractor in the UK by revenue. Our records show that they were the main contractor on almost 60
10 | TOMORROW’S FM
BOGE Scoops Top German
Industry 4.0 Award Demonstrating its strong commitment to the digital transformation of industry and the concepts of Industry 4.0, BOGE has scooped a major industrial award at this year's Diamond Star Excellence in Business Awards - Best Industrial Business Solution 4.0 category.
Organised by the leading German business publication, Handelsblatt, this award recognises the customer service offering of BOGE's Continuous Improvement Programme (BOGE CIP) and was won amid stiff competition from companies including Siemens and Audi.
The BOGE CIP is a key element of BOGE selectair, a comprehensive service programme for customers of BOGE's High Speed Turbo compressor systems, which is tailored to individual customer needs. The programme aims to work closely with customers to ensure a continuous improvement path is in place that not only works to prolong the life of the compressor system, but which also delivers operational benefits throughout the compressor’s life cycle.
The scope of BOGE's selectair programme covers: compressed air management with remote monitoring; annual performance reports (in conjunction with BOGE's Analytics service); continuous improvement through regular technology updates and system optimisation; ongoing predictive maintenance throughout the life of the compressor, and a 24- hour recovery service.
Mark Whitmore, General Manager of BOGE UK, commented: "We are very proud to have won this prestigious award, particularly as we were up against some stellar names in industry, including Siemens, Audi and Thyssen Krupp. The Diamond Star award recognises our work to place the production of that vital industrial resource - compressed air - at the heart of Industry 4.0, and our commitment to customers throughout the world who share our values and who are also working to embrace the Industry 4.0 paradigm.”
The annual Diamond Star awards reward leaders in industry and form part of Handelsblatt's Industrial Summit on progress with regard to Industry 4.0 throughout German industry.
www.boge.co.uk twitter.com/TomorrowsFM
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