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: 鈥淭here 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.鈥

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 拢25m charge on the 拢550m PFI scheme and added that it was raising 拢150m in new equity after problems on the 58km long road had increased 鈥渢he group鈥檚 total cash commitments on the project by in excess of 拢150m鈥.

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

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

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