| Midland Metropolitan | Royal Liverpool |
The project | 669-bed hospital in Sandwell, West Midlands, replacing two existing hospitals | 646-bed hospital in central Liverpool to replace the existing hospital |
Expected benefits | Modernised services in a single site acute hospital | Reduced risk to services from current hospital's poor condition, meeting changing healthcare demands |
NHS Trust | Sandwell and West Birmingham Hospitals | Royal Liverpool and Broadgreen University Hospitals |
Original opening date | October 2018 | June 2017 |
Status when Carillion collapsed in January 2018 | Around two-thirds complete, structure largely built | Construction and fit-out almost complete |
PFI termination | No payment to lenders | £42 million payment to PFI lenders |
Procurement of contractor to replace Carillion | Bidding process under public procurement rules, only one bidder | No public procurement process. Main contractor appointed by the PFI company, transferred ('novated') to the Trust |
Delay until major work recommenced | 22 months | 18 months |
New contractor | Balfour Beatty Construction Limited | Laing O'Rourke |
Current forecast opening dates | July 2022, 3 years and 9 months late | Completion planned for autumn 2022, more than 5 years late. Opening date not yet set |
Key risks remaining to the Trusts | Balfour Beatty has agreed a target price for finishing the hospital, but the Trust will pay for any unforeseen costs arising from problems with Carillion's work | There is no cap to the price of the remaining work, the scope of which is being finalised, and there are risks of further cost rises and time delays |
Original expected cost to build and run | £686 million | £746 million |
Current expected cost to build and run | £988 million (+44%) | £1,063 million (+42%) |
Of which, amount public sector will pay | £709 million (+3%) | £739 million (-1%) |
Estimated losses on the projects borne by private sector | £279 million | £324 million |