The first thing we have learned is that sub-contractors are more robust than we first thought. Whilst there have been a few subsequent failures within the Carillion supply chain, thankfully the majority of us ‘subbies’ have ridden the resulting storm. No doubt this is due in part to the government’s encouragement to the financial industry to be gentle with us, but we suspect that the biggest factor is more likely associated with Carillion’s supply-chain being far more financially prudent than their client!
Whilst we can’t speak for anyone else, now that the dust has settled, we can speak for this ex-member of the Carillion supply chain and reflect on our experience…