Milestones left on delayed scheme to be announced in coming weeks

Aberdeen

Almost all of the Carillion employees working on the Aberdeen bypass have been taken on by its JV partners Balfour Beatty and Galliford Try.

All but six of the 63 workers the failed contractor employed on the job have been transferred to either one of the JV partners, according to Scottish economy secretary Keith Brown.

Brown said: “There is clearly much still to do, and weather will play a part in the final opening date, but it feels like the beginning of the home run towards completion.”

The late-running scheme for Transport for Scotland was due to finish last November but is now expected to be completed this summer.

Earlier this week, Galliford Try said it was taking a further £25m charge on the £550m PFI scheme and added that it was raising £150m in new equity after problems on the 58km long road had increased “the group’s total cash commitments on the project by in excess of £150m”.

Brown said the project’s key milestones would be released in the next few weeks.

Following Carillion’s collapse last month, both Galliford Try and Balfour Beatty said their partner’s implosion would cost them £80m in funding which under the terms of the deal they would be required to plug.

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