Carillion: Insolvency
(asked on 23rd January 2018) - View Source
Question to the Cabinet Office:
To ask Her Majesty's Government, further to the answer given by Lord Young of Cookham on 15 January (HL Deb, col 471), which department or government body was responsible for assessing the financial stability of Carillion; and whether the assessment took into consideration the substantial goodwill element within that company's asset base.
This question was answered on 6th February 2018
It is the responsibility of individual Contracting Authorities to assess the financial stability of potential suppliers as part of normal procurement activity.