95 jobs saved in M40 maintenance deal

M40 motorway

French engineering group Egis has taken over the operations and maintenance contract for the M40 motorway, securing the jobs of 95 Carillion staff.

The deal sees it become responsible for 76 miles of motorway for the remaining nine years of a 30-year contract.

Carillion collapsed into liquidation in January, creating uncertainty for around 19,000 workers and putting hundreds of projects in doubt.

Liquidators have been reassigning work and, where possible, staff, although the process has been made more difficult by the often-unattractive terms that Carillion had agreed to

Egis has now agreed to acquire the DBFO-30 contract, a design, build, finance and operate agreement. It covers almost all of the M40 motorway from junction 1A, connecting with the M25, to junction 15, near Warwick.

The French group previously worked on the motorway between 1997 and 2007.

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