2.1 In this Part we explain the action that central government, Sandwell and West Birmingham Hospitals NHS Trust (the Sandwell Trust) and Royal Liverpool and Broadgreen University Hospitals NHS Trust (the Liverpool Trust) took on the hospital projects after Carillion collapsed in January 2018, up to the termination of the two Private Finance Initiative (PFI) schemes. We set out:
• the immediate action following Carillion's collapse;
• attempts to restart the projects and the termination of The Hospital Company (Sandwell) Ltd and The Hospital Company (Liverpool) Ltd (the PFI companies); and
• the public financing of the projects and how new contractors were obtained.