Rivals say jobs novating jobs across as soon as possible will see mimimum delays
Clients have been told to move quickly to get jobs ISG was working restarted 鈥 or risk them being stalled for months.
Senior figures at major rivals have told 黑洞社区, the next few days were critical to getting jobs that could be shut back up and running.
An email sent last night to staff by ISG chief executive Zoe Proce said sites would be shut from this morning and one boss said: 鈥淚f clients are minded to novate a contract to a credible alternative without fuss, then it can be sorted out with minimal impact.鈥
But he added: 鈥淚f they start delaying things, and want to retender it all then they will have a shut site for 18 months and they鈥檙e paying the bills.鈥
>> Also read: Offices closed and sites shut as ISG set to file for administration, chief executive confirms
>> Offices closed and sites shut as ISG set to file for administration, chief executive confirms
>> ISG鈥檚 collapse: a huge blow to construction that raises urgent and difficult questions
Another added: 鈥淚t鈥檚 never straightforward to finish jobs off. There鈥檚 liabilities, who pays for those? It鈥檚 horribly complicated.鈥
News that the firm is set to go into administration, after a rescue deal hit the buffers, is set to have a huge impact on the wider industry.
鈥淚t鈥檚 not a huge surprise but it鈥檚 a confidence thing,鈥 one boss said. 鈥淚t鈥檚 hugely upsetting for the poor old employees and supply chain.
鈥淭here will be people we pick up because that鈥檚 what we do but I think there will be [supply chain] ramifications for us. We鈥檝e been careful to on that but I鈥檓 sure there will be an impact.
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