Railway maintenance contractor Jarvis, founded as a construction company in Yorkshire , after riding high on the back of new labour's PFI programmes which saw it given contracts to build new academies and health centres (by ripping up perfectly good ones) and 'maintain' the railway infrastructure, was living on borrowed time and money, making massive profits in between
Jarvis, whose botched railway engineering led to the Potter's bar rail disaster in 2002 and who, at the height of their money-making refused to pay subcontractors what they were owed, have finally gone into administration.
Jarvis were hoping to be awarded a huge 50k contract by Chiltern Railways.
Main-line injection
fails to stop Jarvis cocking up
and getting pulped.
Jarvis constructs great
big pile, gets derailed then opts
for deconstruction.
Friday, April 2, 2010
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