To ask the Minister for the Cabinet Office, with reference to the conclusion in the letter of the Chairs of the Business, Energy and Industrial Strategy and Work and Pensions Committees of 4 September 2018, on Carillion, that the current system of monitoring suppliers was not able to identify or prevent the precarious state of Carillion and its decline and collapse, what extraordinary steps his Department is taking to monitor the financial health of Interserve.
The Government already continually monitors the financial health of its strategic suppliers and has appropriate plans in place in relation to the risk of those companies. These plans are commercially sensitive and confidential. We do not believe that any strategic supplier is in a similar situation to Carillion.
This monitoring also enables Government to assess suppliers’ ability to deliver the services which they hold contracts for.
The company’s current intentions are a matter for the company itself.