Subbie pain grows in wake of Rok collapse

Grant Prior 12 years ago

Subcontractors across the country are facing unpaid bills worth millions as the industry starts to count the true cost of Rok’s demise.

More than 100 main contractors have expressed an interest in taking-over contracts from the failed builder and are in talks with administrator PricewaterhouseCoopers.

But suppliers and subcontractors will not receive a penny for work carried out for Rok in the run-up to its failure whoever takes over individual construction schemes or larger social housing maintenance contracts.

One trade contractor told the Enquirer: “The bigger firms might pick up a few good deals out of this but we will get stiffed again.

“Our unpaid invoices die with Rok so that money is just written off. We might be back on site in a week or two for a new main contractor but won’t get paid for the work we did for Rok.

“Yet again we are the ones to suffer for the flannel of a company saying everything was OK when clearly they were up to their necks in it financially.”

PwC has mothballed most Rok jobs while negotiations start with potential buyers on novating contracts. Rok staff are being paid by the administrator while deals are finalised.

Trelawney Landscaping, which is based near Bodmin in Cornwall, is owed about £80,000 by Rok and had future contracts worth between £300,000 and £400,000 with the company.

Director John Vokes told the BBC Rok’s collapse had had a “devastating” effect.

He said: “We’ve had to lay off our staff,obviously there’s no work for the men to do.

“We had 65% of our work come from Rok. My main concern at the moment is to keep the company going.”

One Somerset based tiling contractor owed £23,000 said: “This will have a big impact because I’ve got to find that money from somewhere else.

“This whole thing leaves a very bad taste in my mouth.”

Latest news

Andy Milner to return as chief executive of Amey

Milner to return to his old CEO role which he previously held for four years
17 hours ago

Green light for UK’s first carbon capture power station

Keadby 3 gas power station and carbon capture to see £2.1bn investment in North Lincolnshire
22 hours ago

Unite passes union hotel job probe findings to police

Independent reports raise concerns of ‘potential criminality’ around union's £100m hotel and conference centre
1 day ago

Berkeley to slow down investment as sales rates fall

Housing giant to focus on matching construction to demand on existing sites
22 hours ago

Competition concerns about rail signalling takeover

Hitachi’s purchase of Thales’ rail infrastructure could lead to higher fares in future, the CMA has found.
22 hours ago

Plans lodged for Manchester student tower and offices

Plans lodged for £250m One Medlock Street mixed-use office and student scheme
1 day ago

Glasgow civil engineer banned for £100k Bounce Back Loan abuse

Sole director handed 11-year ban for falsely claiming two loans for personal gain
1 day ago

Plans go in for 250,000 sq ft York mixed-use scheme

Local developer pushes ahead with regeneration project in heart of the city
23 hours ago

McLaren tops November contracts league

Excel exhibition centre £200m phase 3 wins lifts McLaren to pole position for contract wins last month
2 days ago

Former Wates CEO joins Mace as new financial chief

David Allen replaces Richard Bienfait who stepped down in September
2 days ago

M25 to go green under new Shell and Balfour deal

New trial of paving on UK's busiest motorway
2 days ago

Bidders wanted for £125m painting and decorating framework

Apply now for latest Fusion21 deal
2 days ago

Robertson wins first MIM-funded Welsh school job

£65m Flintshire school campus project first to use Welsh mutual investment model
2 days ago

Willmott Dixon wins £130m Broadwater Farm estate revamp

Green light for north London estate transformation
2 days ago

Materials giant CRH looks to sell contractor Farrans

More than 550 staff set to get new owner
4 days ago

West Yorkshire transport projects delayed to save £270m

Over 30 transport schemes to be placed on hold due to cost inflation budget pressure
3 days ago

Decision on A1 Costain dualling job delayed for third time

Development consent decision for £260m Northumberland scheme put back a further 9 months
3 days ago

Colas wins £140m Cheshire highways upkeep deal

Incumbent contractor Ringway will handover to Colas in April
3 days ago

Skanska to lend staff cash

Contractor links-up with finance firm to offer affordable loans to employees
3 days ago

Ilke Homes pulls off £100m record-breaking fund raise

Largest-ever capital raise by a UK modular house builder to fund expansion
4 days ago

Construction buyers fear for year ahead

"Construction companies now have a tightrope to walk in terms of being ready for recovery and cautious around investment"
4 days ago

Gove calls for competition probe into house building

Levelling Up and Regeneration Bill 'strengthened' with new measures
4 days ago

Schools get £500m for energy upgrades this winter

Extra cash found for better heating controls, insulation and energy efficient lighting
4 days ago

1,000-home North London scheme approved

Developer Hill will start work in the Spring on South Tottenham site
4 days ago

Bid race for £500m Suffolk construction framework

Construction and building services firms called up for East of England four year deal
4 days ago

Mace employs robot dog to avoid slip and trips in tunnel

Robot working in dark and hazardous conditions under Heathrow Airport
4 days ago

Administrator details confirmed at Southampton M&E firm

Begbies Traynor now in charge at Working Environments as suppliers face large losses
5 days ago

Former Galliard chief takes helm at Inland Homes

New CEO Don O'Sullivan sets out to return south east house builder to profitability
4 days ago

Applicant numbers nosedive for construction vacancies

Recruitment market gets even more competitive - how the Enquirer can help
5 days ago

Industry veteran to head Henry Bros northern arm

Peter Commins, former Kier and Balfour Beatty northern chief, to spearhead growth drive
4 days ago

Contractor services