Carillion

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Eureka secondary school in Kells which was under construction as part of the PPP programme that was jointly funded by the now bankrupt Carillion. Photograph: Alan Betson / The Irish Times

Office and infrastructure building costs are heading for highs reached ahead of the financial crash 11 years ago, figures published on Tuesday show. (...)

Oireachtas Committee on Finance Committee chair John McGuinness said he did not accept the Department of Public Expenditure’s position that “you just write policy and then you sit back”.

The State was not a party to contracts to build schools and an institute of education that have collapsed and now threaten more than 100 small subcont(...)

Earlier this year Carillion collapsed into administration, which resulted in the Irish construction firm the joint venture hired to build the schools, Sammon Contracting Ireland Ltd, going into liquidation. Photograph: Simon Dawson/Reuters

The joint venture charged with building several new schools in the State has secured a temporary High Court injunction preventing subcontractors block(...)

Speaking at an Oireachtas Public Accounts Committee (PAC) hearing on Thursday, NTMA chief executive Conor O’Kelly said a list would allow procurement officials in departments and Government agencies to assess if Irish taxpayers had too much exposure to certain ‘counterparties’.

The National Treasury Management Agency (NTMA) has been prompted by the collapse of the UK outsourcer Carillion to look at setting up a list of public(...)

NTMA chief executive Conor O’Kelly: price of all procurement and construction for PPP is set to rise. Photograph: Dara Mac Dónaill

Work may have resumed on some of the Irish projects caught up in the collapse earlier this year of British construction group Carillion, but the long-(...)

Sammon Contracting entered examinership in April, citing the ‘devastating collapse’ of Carillion as the main cause in its High Court application. File photograph: Alan Betson

Sammon Contracting received 98 per cent of payments for their work on school building project, that stalled after the firm entered liquidation in June(...)

Shares fell to their lowest level in nearly two years last week in China, and are now down 19 per cent since January. Photograph: Jerome Favre

Escalating trade tensions between the United States and China have resulted in a torrid few weeks for some emerging markets. In China, shares fell t(...)

Parents and students of Coláiste Ráithín outside the unfinished school in Bray, Co Wicklow.

Woodvale Construction has won the contract to restart building six schools left unfinished following January’s collapse of British group Carillion. (...)

The €100 million State school-building programme was stalled by the collapse of UK giant Carillion. Fears are growing that the schools will not be ready on time for their scheduled September opening. Photograph: Yui Mok/PA Wire

One of the banks funding a €100 million State school-building programme, stalled by the collapse of UK giant Carillion, confirmed that it is working w(...)

BAM Group chief executive Theo Cullinane. It is understood BAM remains in the race to complete a €100 million schools construction contract, despite the liquidation of its partner in the project, Sammon Construction. Photograph: Eric Luke

Builder BAM remains in the running to complete a stalled €100 million school building programme, despite the liquidation of its partner in the bid, Sa(...)

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