Woodvale Construction wins contract for six unfinished schools
Stalled project after Carillion collapse resulted in liquidation of Sammon Construction Ireland,
Parents and students of Coláiste Ráithín outside the unfinished school in Bray, Co Wicklow.
The contractor will also survey and do preliminary work on the other three buildings, Tyndall College and Carlow Institute of Further Education in Carlow, and Eureka Secondary School, Kells. Co Meath. DIF said that work on those schools would finish by the end of December.
The original €100 million deal between the State, Carillion and DIF, set September as a target date for the six schools.
October was the contract date, while the main contractor would pay penalties would apply if the work was delayed beyond January 2019.
The stalled project resulted in the liquidation of Sammon Construction Ireland, which was building the schools.
Carillion-DIF joint venture, Inspired Spaces, hired Sammon through a Carillion subsidiary to build the schools. The contract involved the buildings’ construction and their management once they were completed.
Sammon relied for cash flow on the €4 million a-month that Carillion was paying it for building the schools. Once work halted in January, that dried up, leaving the company in financial difficulty.
Sammon initially went into examinership - a court-supervised system for rescuing troubled companies - on the basis that it was likely to get the contract to finish the work in partnership with BAM.